Oricon Enterprises Limited (ORICONENT)

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Oricon Enterprises Limited (ORICONENT) · mywealthgrid

About

Oricon Enterprises Limited manufactures and distributes packaging products within the industrial sector. With a market capitalization of ₹833.98 crores, it operates as a small-cap company in a cyclical industry dependent on industrial and consumer demand.

Face value: ₹2

Market cap

₹785 Cr

P/E

21.6×

P/B

0.7×

Dividend yield

0.4%

ROE

2.1%

ROCE

2.2%

Debt / equity

OPM

-113.5%

EPS (TTM)

₹2.3

Book value

₹73.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins deeply negative (-113.52% overall OPM, ranging -41% to -441% quarterly), indicating core business loses money before interest and taxes—verify whether this reflects temporary disruption or structural issues
Quarterly revenue highly volatile (₹3.69–₹17.66 Cr range), suggesting project-based business, operational instability, or lumpy customer concentration—verify root cause and whether it is structural
ROE minimal at 2.14% despite zero debt; verify why profit comes only sporadically and from what non-operating sources, given negative operating margins
PE ratio of 22.91 appears elevated relative to fundamentals (negative OPM, low ROE); verify whether this reflects near-term turnaround expectations unsupported by trends

Generated analysis · source review pending

Growth drivers

If negative operating margins (-113.52%) stem from temporary costs rather than structural issues, margin recovery toward sector averages would unlock significant profit growth
Zero debt provides financial flexibility to invest in operational improvements or capacity—verify whether management is committing capex toward margin improvement
Packaging sector demand growth in end-markets (FMCG, automotive, logistics): verify whether these are entering growth phases that could increase company volumes

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹50.0-3.6%1Y

Quick read

rule-based

Pros

+Profit CAGR of 20.1% over the last 3 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 28.8×
+High promoter holding of 65.7% with no pledge

Cons

−Low return on equity of 5.4% (3-yr avg)
−Revenue shrank over the last 5 years (-41.8% a year)
−Low dividend payout of 8.6% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

53/100

Business quality: 40
Growth: 42

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	922	633	510	603	143	173	42
COGS	337	205	304	357	102	109	51
Gross profit	585	428	206	246	41	64	-8
	488	377	181	206	77	93	41
	97	51	25	40	-36	-29	-50
OPM %	10.6%	8.1%	4.9%	6.7%	-24.9%	-17.1%	-117.5%
Depreciation	90	84	33	33	8	9	3
Interest	18	15	13	7	10	7	1
	35	40	144	20	73	183	89
Profit before tax	24	-8	124	20	19	138	36
Tax	-1	-0	10	5	-11	-1	10
Tax %	-6%	-6.4%	8.1%	26%	-55.7%	-0.6%	28.8%
	26	-7	114	15	30	139	26
PAT margin %	2.8%	-1.1%	22.3%	2.5%	21%	80.7%	61.1%
EPS (₹)	1.4	-0.1	8.2	1	1.9	8.9	1.6
EPS adjusted (₹)	—	-0.1	8.1	1	1.9	8.9	1.6
	34.7%	—	12.3%	52.6%	26.2%	5.6%	12.2%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	29	3	31	31	31	31	31	31
Reserves	26	-2	892	1,120	1,002	1,144	1,221	1,120
Minority interest	—	—	159	54	0	0	0	0
	—	—	219	162	85	112	9	3
	63	0	163	167	121	149	76	78
Total equity & liabilities	118	1	1,464	1,535	1,239	1,436	1,338	1,233
	78	0	715	540	550	334	340	253
CWIP	—	—	22	20	23	16	18	17
Investments	—	—	288	506	232	398	623	650
	41	1	440	469	434	688	358	313
Total assets	118	1	1,464	1,535	1,239	1,436	1,338	1,233

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Discontinued Operations	110.1	6.74	0	0	—	—
trading	48.18	0.41

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	63.5%	67.6%	40.3%	40.8%	28.8%	37.1%	-20.1%
EBITDA margin %	10.6%	8.1%	4.9%	6.8%	-24.9%	-16.6%	-113.5%
EBIT margin %	0.8%	-5.1%	-1.5%	1.4%	-30.4%	-21.6%	-119.6%
PAT margin %	2.8%	-1.1%	22.3%	2.5%	21%	80.7%	61.1%
Working capital
Receivable days	—	84	94	70	94	93	211
Inventory days	—	209	130	108	137	101	54
Payable days	—	116	85	55	53	109	116
NWC days	—	177	140	122	178	86	149
Leverage
Current ratio	—	1.92	2.24	2.6	1.86	5.71	9.14
Debt to EBITDA	—	4.28	6.48	2.07	—	—	—
Debt to equity	—	0.24	0.14	0.08	0.1	0.01	0
Interest coverage	2.2	-0.6	1.8	4.2	-0.8	1.8	28.8
Asset turnover	—	0.43	0.33	0.49	0.1	0.13	0.03
Return ratios
Return on assets %	—	-0.5%	7.4%	1.2%	2.1%	10.4%	2.1%
Return on capital employed %	—	-0.7%	2%	2.5%	-0.7%	0.9%	2.2%
Return on equity %	—	-0.8%	9.9%	1.4%	2.6%	11.1%	2.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	66.97%	66.97%	66.97%	66.97%	66.97%	66.02%	65.7%	65.7%	65.7%	65.7%	65.7%	65.7%
	0.03%	0%	0.01%	0.03%	0.07%	0%	0.01%	0.09%	0.27%	0.1%	0.08%	0%
	1.59%	1.59%	1.59%	1.59%	1.59%	1.13%	0.32%	0.32%	0.32%	0.32%	0.31%	0.3%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.41%	31.44%	31.43%	31.41%	31.37%	32.85%	33.97%	33.89%	33.71%	33.88%	33.91%	34%
No. of shareholders	—	—	—	—	—	—	—	—	36,728	33,633	31,227	30,054

Promoter holding down 1.27 percentage points since Sep 2023.

16 deals · 26 Jul 2024 – 7 Nov 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Nov 2025	MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED	Bulk	NSE	Buy	8,51,065	₹55.11	₹4.69 Cr
24 Mar 2025	ORIENTAL ENTERPRISES	Bulk	NSE	Sell	11,85,650	₹39.72	₹4.71 Cr
24 Mar 2025	HAZARIMALL SOMANI	Bulk	NSE	Buy	11,85,650	₹39.72	₹4.71 Cr
21 Mar 2025	ORIENTAL ENTERPRISES	Bulk	NSE	Sell	12,40,000	₹39.53	₹4.90 Cr
21 Mar 2025	HAZARIMALL SOMANI	Bulk	NSE	Buy	12,40,000	₹39.53	₹4.90 Cr
20 Mar 2025	ORIENTAL ENTERPRISES	Bulk	NSE	Sell	12,50,000	₹39.44	₹4.93 Cr
20 Mar 2025	HAZARIMALL SOMANI	Bulk	NSE	Buy	12,50,000	₹39.44	₹4.93 Cr
19 Mar 2025	ORIENTAL ENTERPRISES	Bulk	NSE	Sell	12,50,000	₹39.33	₹4.92 Cr
19 Mar 2025	HAZARIMALL SOMANI	Bulk	NSE	Buy	12,50,000	₹39.33	₹4.92 Cr
18 Mar 2025	ORIENTAL ENTERPRISES	Bulk	NSE	Sell	12,50,000	₹39.70	₹4.96 Cr

1–10 of 16

1 / 2

Mr. Adarsh Rajendra SomaniExecutive Director-MD
Mrs. Mamta Ashok BiyaniNon-Executive - Independent Director
Mr. Shravan Kumar MalaniNon-Executive - Independent Director
Mr. Ramkishore SinghiNon-Executive - Independent Director
Mr. Prashant MantriExecutive Director
Mr. Bal Mukand GaggarExecutive Director
Sanjay JainCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Oricon Enterprises Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Company has informed the Exchange about crisil Ratings withdrawal of the Ratings assigned to the captioned Bank Loan Facility.9 Sept 2025 from CRISIL

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

22

Final dividend21 Sept 2026 · ex-date₹0.2
Final dividend17 Sept 2025 · ex-date₹0.5
Final dividend17 Sept 2024 · ex-date₹0.5
Final dividend13 Sept 2023 · ex-date₹0.5
Final dividend19 Sept 2022 · ex-date₹1
Dividend dividend9 Sept 2021 · ex-date₹0.5
Special dividend19 Mar 2020 · ex-date₹0.3
Interim dividend19 Mar 2020 · ex-date₹0.5
Final dividend6 Sept 2019 · ex-date₹0.5
Dividend dividend18 Sept 2018 · ex-date₹0.5
Dividend dividend17 Jul 2017 · ex-date₹0.46
Interim dividend29 Mar 2016 · ex-date₹0.5
Dividend dividend9 Sept 2015 · ex-date₹0.44
Dividend dividend2 Sept 2014 · ex-date₹0.19
Interim dividend21 Mar 2014 · ex-date₹0.25
Dividend dividend3 Sept 2013 · ex-date₹0.44
Dividend dividend10 Aug 2012 · ex-date₹0.44
Dividend dividend14 Sept 2011 · ex-date₹0.36
Dividend dividend2 Dec 2010 · ex-date₹1.8
Dividend dividend1 Sept 2009 · ex-date₹1
Dividend dividend11 Sept 2008 · ex-date₹1
Dividend dividend6 Dec 2007 · ex-date₹1

1

Board meeting to consider results12 Aug 2026

1

Face value ₹10 → ₹214 Jul 2011 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

28 Aug 2026, 12:42 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	63.5%	67.6%	40.3%	40.8%	28.8%	37.1%	-20.1%
EBITDA margin %	10.6%	8.1%	4.9%	6.8%	-24.9%	-16.6%	-113.5%
EBIT margin %	0.8%	-5.1%	-1.5%	1.4%	-30.4%	-21.6%	-119.6%
PAT margin %	2.8%	-1.1%	22.3%	2.5%	21%	80.7%	61.1%
Working capital
Receivable days	—	84	94	70	94	93	211
Inventory days	—	209	130	108	137	101	54
Payable days	—	116	85	55	53	109	116
NWC days	—	177	140	122	178	86	149
Leverage
Current ratio	—	1.92	2.24	2.6	1.86	5.71	9.14
Debt to EBITDA	—	4.28	6.48	2.07	—	—	—
Debt to equity	—	0.24	0.14	0.08	0.1	0.01	0
Interest coverage	2.2	-0.6	1.8	4.2	-0.8	1.8	28.8
Asset turnover	—	0.43	0.33	0.49	0.1	0.13	0.03
Return ratios
Return on assets %	—	-0.5%	7.4%	1.2%	2.1%	10.4%	2.1%
Return on capital employed %	—	-0.7%	2%	2.5%	-0.7%	0.9%	2.2%
Return on equity %	—	-0.8%	9.9%	1.4%	2.6%	11.1%	2.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Epl LimitedEPLEPL	₹7,443 Cr	₹8,152 Cr	₹5,043 Cr	₹1,000 Cr	20.3%	₹388 Cr	8.3%	19.5%	14.9%	97
Agi Greenpac LimitedAGIAGI	₹5,116 Cr	₹5,355 Cr	₹2,763 Cr	₹628 Cr	22.3%	₹362 Cr	13.2%	18.6%	15.6%	188
Uflex LimitedUFLEXUFLEX	₹4,692 Cr	₹14,545 Cr	₹16,866 Cr	₹2,302 Cr	12.2%	₹682 Cr	2.1%	8.6%	4.1%	89
Tcpl Packaging LimitedTCPLPACKTCPLPACK	₹3,574 Cr	₹4,148 Cr	₹1,872 Cr	₹299 Cr	16.2%	₹115 Cr	5.4%	22.4%	14.4%	98
Polyplex Corporation LimitedPOLYPLEXPOLYPLEX	₹3,228 Cr	₹4,145 Cr	₹7,601 Cr	₹592 Cr	4.9%	₹155 Cr	0.6%	1.1%	1.1%	147
Jindal Poly Films LimitedJINDALPOLYJINDALPOLY	₹2,863 Cr	₹6,866 Cr	₹2,152 Cr	₹-613 Cr	-20.2%	₹-989 Cr	-36.6%	-2%	-29.6%	81
Xpro India LimitedXPROINDIAXPROINDIA	₹2,670 Cr	₹2,959 Cr	₹535 Cr	₹50 Cr	6.3%	₹33 Cr	3.9%	3.9%	2.8%	80
Knack Packaging LimitedKNACKKNACK	₹2,211 Cr	₹2,404 Cr	₹736 Cr	₹133 Cr	18.1%	₹74 Cr	10%	47.1%	41.5%	—
Mold-Tek Packaging LimitedMOLDTKPACMOLDTKPAC	₹2,187 Cr	₹2,231 Cr	₹631 Cr	₹121 Cr	19.1%	₹64 Cr	10.1%	24.3%	17.9%	148
Cosmo First LimitedCOSMOFIRSTCOSMOFIRST	₹2,166 Cr	₹3,752 Cr	₹4,004 Cr	₹428 Cr	10.5%	₹167 Cr	4.3%	11.6%	10.1%	10
Huhtamaki India LimitedHUHTAMAKIHUHTAMAKI	₹1,757 Cr	₹1,859 Cr	₹2,610 Cr	₹225 Cr	7.7%	₹136 Cr	4.8%	12.3%	9.5%	26
Arrow Greentech LimitedARROWGREENARROWGREEN	₹1,306 Cr	₹1,306 Cr	₹247 Cr	₹86 Cr	32.2%	₹64 Cr	23.6%	30.4%	22.4%	141

Date	Category	Subject	Filing
28 Aug 2026, 12:42 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
28 Aug 2026, 12:35 pm	AGM/EGM AGM	56Th Annual General Meeting Of The Company	PDF
27 Aug 2026, 10:42 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
25 Aug 2026, 2:51 pm	Corp. Action Book Closure	Corporate Action For Dividend	PDF
14 Aug 2026, 1:04 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
12 Aug 2026, 8:34 pm	Others	Disclosure under Regulation 30A of LODR	PDF
12 Aug 2026, 8:27 pm	Result Financial Results	Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30,2026	PDF
12 Aug 2026, 8:21 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Board Meeting Outcome Held On August 12,2026 For Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30,2026	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-35	102	159	272	83	34	25	68	-40	-2
	-200	59	-86	8	-53	118	74	-0	164	17
	267	-160	-91	-276	-15	-176	-91	-78	-106	-15
Net cash flow	32	—	—	—	15	-24	7	-10	19	-1
Free cash flow	-123	40	95	156	36	-20	-56	-29	-40	-24
CFO / Operating profit %	—	—	—	279%	163.1%	135.9%	59.9%	—	—	—

Oricon Enterprises Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends22

Board meetings1

Stock splits1

Announcements

Dividends22

Board meetings1

Stock splits1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Discontinued Operations · revenue

22

1

1

22

1

1