ORIENTABRA Stock Overview
Orient Abrasives Limited produces and trades in aluminum refractories and monolithic products in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹25.75|
|52 Week High||₹38.70|
|52 Week Low||₹19.20|
|1 Month Change||-4.63%|
|3 Month Change||-7.04%|
|1 Year Change||29.72%|
|3 Year Change||-10.44%|
|5 Year Change||-22.79%|
|Change since IPO||50.81%|
Recent News & Updates
Does Orient Abrasives (NSE:ORIENTABRA) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|ORIENTABRA||IN Metals and Mining||IN Market|
Return vs Industry: ORIENTABRA underperformed the Indian Metals and Mining industry which returned 87.5% over the past year.
Return vs Market: ORIENTABRA underperformed the Indian Market which returned 43% over the past year.
|ORIENTABRA Average Weekly Movement||5.3%|
|Metals and Mining Industry Average Movement||6.0%|
|Market Average Movement||6.0%|
|10% most volatile stocks in IN Market||9.0%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: ORIENTABRA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ORIENTABRA's weekly volatility (5%) has been stable over the past year.
About the Company
Orient Abrasives Limited produces and trades in aluminum refractories and monolithic products in India. The company operates through two segments, Alumina Refactories & Monolithics Products & Bauxite Ores; and Power Generation. It offers various aluminous raw materials, including brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused zirconia mullite, fused alumina-magnesia spinnel, calcined bauxite, high alumina refractory cement, and calcined bauxite aggregates to the grinding wheel and refractory manufacturers.
Orient Abrasives Fundamentals Summary
|ORIENTABRA fundamental statistics|
Is ORIENTABRA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ORIENTABRA income statement (TTM)|
|Cost of Revenue||₹1.60b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.88|
|Net Profit Margin||3.31%|
How did ORIENTABRA perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Orient Abrasives undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ORIENTABRA (₹25.75) is trading above our estimate of fair value (₹1.85)
Significantly Below Fair Value: ORIENTABRA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ORIENTABRA is poor value based on its PE Ratio (29.1x) compared to the Indian Metals and Mining industry average (11x).
PE vs Market: ORIENTABRA is poor value based on its PE Ratio (29.1x) compared to the Indian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORIENTABRA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORIENTABRA is good value based on its PB Ratio (1.3x) compared to the IN Metals and Mining industry average (1.4x).
How is Orient Abrasives forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Orient Abrasives has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Orient Abrasives performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORIENTABRA has high quality earnings.
Growing Profit Margin: ORIENTABRA's current net profit margins (3.3%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: ORIENTABRA's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: ORIENTABRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ORIENTABRA had negative earnings growth (-21.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (154%).
Return on Equity
High ROE: ORIENTABRA's Return on Equity (4.3%) is considered low.
How is Orient Abrasives's financial position?
Financial Position Analysis
Short Term Liabilities: ORIENTABRA's short term assets (₹2.1B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: ORIENTABRA's short term assets (₹2.1B) exceed its long term liabilities (₹127.7M).
Debt to Equity History and Analysis
Debt Level: ORIENTABRA's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: ORIENTABRA's debt to equity ratio has reduced from 17.5% to 11.4% over the past 5 years.
Debt Coverage: ORIENTABRA's debt is well covered by operating cash flow (36.9%).
Interest Coverage: ORIENTABRA's interest payments on its debt are well covered by EBIT (6.4x coverage).
What is Orient Abrasives's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORIENTABRA's dividend (0.58%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: ORIENTABRA's dividend (0.58%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).
Stability and Growth of Payments
Stable Dividend: ORIENTABRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ORIENTABRA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.8%), ORIENTABRA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Manubhai Rathod (53 yo)
Mr. Manubhai Rathod has been the Chief Executive Officer and Whole-Time Director of Orient Abrasives Limited since June 15, 2017.
CEO Compensation Analysis
Compensation vs Market: Manubhai's total compensation ($USD59.74K) is above average for companies of similar size in the Indian market ($USD39.78K).
Compensation vs Earnings: Manubhai's compensation has been consistent with company performance over the past year.
Experienced Management: ORIENTABRA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: ORIENTABRA's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Orient Abrasives Limited's employee growth, exchange listings and data sources
- Name: Orient Abrasives Limited
- Ticker: ORIENTABRA
- Exchange: NSEI
- Founded: 1971
- Industry: Aluminum
- Sector: Materials
- Market Cap: ₹3.069b
- Shares outstanding: 119.64m
- Website: https://www.orientabrasives.com
Number of Employees
- Orient Abrasives Limited
- Jeevan Udyog Building
- 2nd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 12:06|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.