Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.44 (vs ₹0.19 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.44 (up from ₹0.19 in 3Q 2025). Revenue: ₹393.8m (down 22% from 3Q 2025). Net income: ₹69.4m (up 130% from 3Q 2025). Profit margin: 18% (up from 6.0% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Oricon Enterprises Limited to Report Q3, 2026 Results on Feb 14, 2026 Oricon Enterprises Limited announced that they will report Q3, 2026 results on Feb 14, 2026 Announcement • Nov 08
Oricon Enterprises Limited to Report Q2, 2026 Results on Nov 14, 2025 Oricon Enterprises Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 14, 2025 Upcoming Dividend • Sep 10
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 17 September 2025. Payment date: 25 October 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (7.3%). Declared Dividend • Aug 21
Dividend of ₹0.50 announced Dividend of ₹0.50 is the same as last year. Ex-date: 17th September 2025 Payment date: 25th October 2025 Dividend yield will be 0.9%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is not covered by earnings (340% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 278% to bring the payout ratio under control. However, EPS has declined by 28% over the last 5 years so the company would need to reverse this trend. Announcement • Aug 18
Oricon Enterprises Limited, Annual General Meeting, Sep 25, 2025 Oricon Enterprises Limited, Annual General Meeting, Sep 25, 2025. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: ₹0.82 (vs ₹0.29 loss in 1Q 2025) First quarter 2026 results: EPS: ₹0.82 (up from ₹0.29 loss in 1Q 2025). Revenue: ₹659.5m (up 116% from 1Q 2025). Net income: ₹128.2m (up ₹174.4m from 1Q 2025). Profit margin: 19% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Aug 04
Oricon Enterprises Limited to Report Q1, 2026 Results on Aug 14, 2025 Oricon Enterprises Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 340% Paying a dividend despite having no free cash flows. Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹7.37b market cap, or US$85.0m). Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹0.15 (vs ₹0.03 in FY 2024) Full year 2025 results: EPS: ₹0.15 (up from ₹0.03 in FY 2024). Revenue: ₹2.22b (up 52% from FY 2024). Net income: ₹23.1m (up 393% from FY 2024). Profit margin: 1.0% (up from 0.3% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • May 10
Oricon Enterprises Limited to Report Q4, 2025 Results on May 28, 2025 Oricon Enterprises Limited announced that they will report Q4, 2025 results on May 28, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹0.19 (vs ₹0.054 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.19 (up from ₹0.054 in 3Q 2024). Revenue: ₹503.7m (down 56% from 3Q 2024). Net income: ₹30.2m (up 269% from 3Q 2024). Profit margin: 6.0% (up from 0.7% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance. Announcement • Feb 03
Oricon Enterprises Limited to Report Q3, 2025 Results on Feb 13, 2025 Oricon Enterprises Limited announced that they will report Q3, 2025 results on Feb 13, 2025 New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 16x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₹6.20b market cap, or US$73.2m). Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Additional Non-Executive Independent Director Shravan Malani was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹0.21 (vs ₹0.42 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.21 (down from ₹0.42 in 2Q 2024). Revenue: ₹595.2m (down 33% from 2Q 2024). Net income: ₹32.8m (down 50% from 2Q 2024). Profit margin: 5.5% (down from 7.4% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Nov 06
Oricon Enterprises Limited to Report Q2, 2025 Results on Nov 14, 2024 Oricon Enterprises Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 11
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 18 September 2024. Payment date: 26 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (4.9%). Declared Dividend • Aug 22
Dividend of ₹0.50 announced Dividend of ₹0.50 is the same as last year. Ex-date: 18th September 2024 Payment date: 26th October 2024 Dividend yield will be 1.3%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 16x earnings) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,762% to bring the payout ratio under control. However, EPS has declined by 64% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.29 loss per share (vs ₹0.55 profit in 1Q 2024) First quarter 2025 results: ₹0.29 loss per share (down from ₹0.55 profit in 1Q 2024). Revenue: ₹391.1m (down 75% from 1Q 2024). Net loss: ₹46.2m (down 154% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Aug 14
Oricon Enterprises Limited, Annual General Meeting, Sep 26, 2024 Oricon Enterprises Limited, Annual General Meeting, Sep 26, 2024. Announcement • Aug 07
Oricon Enterprises Limited to Report Q1, 2025 Results on Aug 14, 2024 Oricon Enterprises Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Announcement • Jul 01
Oricon Enterprises Limited Announces Executive Changes Oricon Enterprises Limited informed about the following changes in composition of the Board: Mr. Krishnagopal Badriprasad Gupta- The Second and Final Term of 5 years of Mr. Krishnagopal Badriprasad Gupta as an Independent Director of the Company, has come to an end on June 30, 2024. Hence, he ceases to be Independent Director of the Company with effect from July 1, 2024. Consequently, he ceases to be the Chairman and Member of the Audit Committee, Member of Nomination and Remuneration Committee and Stakeholder Relationship Committee of the Company with effect from July 1, 2024. Mr. Vijaykumar Bhatia- The Second and Final Term of 5 years of Mr. Vijaykumar Bhatia as an Independent Director of the Company, has come to an end on June 30, 2024. Hence, he ceases to be Independent Director of the Company with effect from July 01, 2024. Consequently, he also ceases to be the Chairman and Member of Nomination and Remuneration Committee, Stakeholder Relationship Committee and Member of Audit Committee, Corporate Social Responsibility Committee of the Company with effect from July 1, 2024. Mr. Susheel G. Somani- vide his letter dated June 30, 2024 has tendered his resignation from directorship with effect from July 1,2024 hence, he ceases to be Director of the Company with effect from July 1, 2024. Consequently, he also ceases to be Chairman of the Board and Member of Audit Committee and Executive Committee of the Company with effect from July 1, 2024. He retired due to age and health issues. Mrs. Sujata Parekh Kumar- vide her letter dated June 30, 2024 has tendered her resignation from directorship of the Company with effect from July 1, 2024 hence, she ceases to be Director of the Company with effect from July 1, 2024. She retired due to preoccupation. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.03 (vs ₹0.96 in FY 2023) Full year 2024 results: EPS: ₹0.03 (down from ₹0.96 in FY 2023). Revenue: ₹1.78b (down 70% from FY 2023). Net income: ₹4.69m (down 97% from FY 2023). Profit margin: 0.3% (down from 2.5% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • May 31
Oricon Enterprises Limited Recommends Dividend for the Year Ended 31St March, 2024 Oricon Enterprises Limited Announced Outcome Of Board Meeting Held On 30Th May, 2024 Recommended Dividend @25% (INR 0.50/-) per Equity Share of INR 02/- each for the year ended 31st March, 2024 subject to approval of members at the 54th Annual General Meeting. Announcement • May 22
Oricon Enterprises Limited to Report Q4, 2024 Results on May 30, 2024 Oricon Enterprises Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹46.75, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 18x in the Shipping industry in India. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹38.23, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 16x in the Shipping industry in India. Total returns to shareholders of 127% over the past three years. Announcement • Mar 14
Narasimharao Anumala, Anumala Ramesh Choudary and Anupama Anumala entered into Share Purchase Agreement to acquire 49.5% stake in Soma Papers & Industries Limited (BSE:516038) from SRS Trading and Agencies Pvt Ltd, Oricon Enterprises Limited (BSE:513121), Vikram Somani, Bharat Krishnakumar Somani, Asha Somani and Rakhi Somani for INR 3.5 million. Narasimharao Anumala, Anumala Ramesh Choudary and Anupama Anumala entered into Share Purchase Agreement to acquire 49.5% stake in Soma Papers & Industries Limited (BSE:516038) from SRS Trading and Agencies Pvt Ltd, Oricon Enterprises Limited (BSE:513121), Vikram Somani, Bharat Krishnakumar Somani, Asha Somani and Rakhi Somani for INR 3.5 million on March 13, 2024. Tender offer has also been launched for acquisition of 26% along with agreement. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹30.99, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 15x in the Shipping industry in India. Total returns to shareholders of 53% over the past three years. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.054 (vs ₹0.43 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.054 (up from ₹0.43 loss in 3Q 2023). Revenue: ₹1.22b (down 1.9% from 3Q 2023). Net income: ₹8.20m (up ₹75.3m from 3Q 2023). Profit margin: 0.7% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Feb 03
Oricon Enterprises Limited to Report Q3, 2024 Results on Feb 14, 2024 Oricon Enterprises Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹46.99, the stock trades at a trailing P/E ratio of 67x. Average trailing P/E is 17x in the Shipping industry in India. Total returns to shareholders of 115% over the past three years. Board Change • Jan 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Additional Non-Executive Independent Director Shravan Malani was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: ₹0.42 (vs ₹0.27 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.42 (up from ₹0.27 in 2Q 2023). Revenue: ₹984.0m (down 26% from 2Q 2023). Net income: ₹65.6m (up 52% from 2Q 2023). Profit margin: 6.7% (up from 3.3% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Announcement • Oct 26
Oricon Enterprises Limited to Report Q2, 2024 Results on Nov 09, 2023 Oricon Enterprises Limited announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (₹4.59b market cap, or US$55.3m). Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹28.86, the stock trades at a trailing P/E ratio of 54.7x. Average trailing P/E is 13x in the Shipping industry in India. Total returns to shareholders of 70% over the past three years. Upcoming Dividend • Sep 06
Upcoming dividend of ₹0.50 per share at 1.9% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 21 October 2023. Payout ratio is on the higher end at 94% but the company is not cash flow positive. Trailing yield: 1.9%. Within top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (14%). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹0.55 (vs ₹0.96 in 1Q 2023) First quarter 2024 results: EPS: ₹0.55 (down from ₹0.96 in 1Q 2023). Revenue: ₹1.61b (down 16% from 1Q 2023). Net income: ₹86.0m (down 43% from 1Q 2023). Profit margin: 5.3% (down from 7.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Announcement • Aug 05
Oricon Enterprises Limited, Annual General Meeting, Sep 21, 2023 Oricon Enterprises Limited, Annual General Meeting, Sep 21, 2023. Announcement • Aug 03
Oricon Enterprises Limited to Report Q1, 2024 Results on Aug 10, 2023 Oricon Enterprises Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • Jun 01
Oricon Enterprises Limited Recommends Dividend for the Year Ended March 31, 2023 Oricon Enterprises Limited at its board meeting held on May 30, 2023, recommended dividend at 25% (INR 0.50) per Equity Share of INR 02 each for the year ended March 31, 2023 subject to approval of members at the 53rd Annual General Meeting. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹0.96 (vs ₹10.20 in FY 2022) Full year 2023 results: EPS: ₹0.96 (down from ₹10.20 in FY 2022). Revenue: ₹6.24b (up 24% from FY 2022). Net income: ₹150.3m (down 91% from FY 2022). Profit margin: 2.4% (down from 32% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • May 19
Oricon Enterprises Limited to Report Fiscal Year 2023 Results on May 30, 2023 Oricon Enterprises Limited announced that they will report fiscal year 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹19.28, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Shipping industry in India. Total returns to shareholders of 101% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹17.64, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 15x in the Shipping industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • Feb 17
Third quarter 2023 earnings released: ₹0.43 loss per share (vs ₹0.39 profit in 3Q 2022) Third quarter 2023 results: ₹0.43 loss per share (down from ₹0.39 profit in 3Q 2022). Revenue: ₹1.28b (down 3.3% from 3Q 2022). Net loss: ₹67.1m (down 213% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Oricon Enterprises Limited to Report Q3, 2023 Results on Feb 14, 2023 Oricon Enterprises Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Announcement • Dec 28
Oricon Enterprises Limited (BSE:513121) agreed to acquire 1.95% stake in United Shippers Limited for approximately INR 55.22 million. Oricon Enterprises Limited (BSE:513121) agreed to acquire 1.95% stake in United Shippers Limited for approximately INR 55.22 million on December 26, 2022. Oricon Enterprises will pay the consideration in cash. Oricon Enterprises will increase its stake from 35,16,849 Equity Shares i.e. 98.05% to 35,86,745 i.e. 100.00% in United Shippers and United Shippers will become wholly-owned subsidiary of Oricon Enterprises. United Shippers has turnover of INR 847.701 million for the year ended 2021-22. The transaction is expected to complete on or before January 31, 2023. Announcement • Dec 27
Oricon Enterprises Limited Announces Resignation of Vikram Parekh as Independent Director Oricon Enterprises Limited announced that Mr. Vikram Parekh (DIN: 00419452) has resigned from the post of Independent Director of the Company with effect from 26th December, 2022 due to some pre-occupations and other personal engagements. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹23.95, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 13x in the Shipping industry in India. Total returns to shareholders of 50% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.27 (vs ₹0.79 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.27 (down from ₹0.79 in 2Q 2022). Revenue: ₹1.40b (up 33% from 2Q 2022). Net income: ₹43.3m (down 66% from 2Q 2022). Profit margin: 3.1% (down from 12% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹0.27 (vs ₹0.79 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.27 (down from ₹0.79 in 2Q 2022). Revenue: ₹1.40b (up 33% from 2Q 2022). Net income: ₹43.3m (down 66% from 2Q 2022). Profit margin: 3.1% (down from 12% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 12
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 22 October 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (17%). Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 18% share price gain to ₹32.70, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 15x in the Shipping industry in India. Total returns to shareholders of 91% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹0.96 (vs ₹8.24 in 1Q 2022) First quarter 2023 results: EPS: ₹0.96 (down from ₹8.24 in 1Q 2022). Revenue: ₹1.98b (up 67% from 1Q 2022). Net income: ₹150.2m (down 88% from 1Q 2022). Profit margin: 7.6% (down from 109% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Oricon Enterprises Limited, Annual General Meeting, Sep 28, 2022 Oricon Enterprises Limited, Annual General Meeting, Sep 28, 2022. Announcement • Jul 30
Oricon Enterprises Limited to Report Q1, 2023 Results on Aug 10, 2022 Oricon Enterprises Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 10, 2022 Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: ₹10.20 (vs ₹0.32 loss in FY 2021) Full year 2022 results: EPS: ₹10.20 (up from ₹0.32 loss in FY 2021). Revenue: ₹5.42b (down 14% from FY 2021). Net income: ₹1.60b (up ₹1.65b from FY 2021). Profit margin: 30% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 31
Oricon Enterprises Limited Recommends Dividend for the Year Ended March 31, 2022 The board of directors of Oricon Enterprises Limited meeting held on May 30, 2022, recommended Dividend @50% INR 1 per Equity Share of INR 2 each for the year ended 31st March, 2022 subject to approval of members at the 52nd Annual General Meeting. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.39 (up from ₹0.37 in 3Q 2021). Revenue: ₹1.41b (down 27% from 3Q 2021). Net income: ₹59.6m (up 1.4% from 3Q 2021). Profit margin: 4.2% (up from 3.1% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹43.35, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 14x in the Shipping industry in India. Total returns to shareholders of 87% over the past three years. Announcement • Feb 02
Oricon Enterprises Limited to Report Q3, 2022 Results on Feb 14, 2022 Oricon Enterprises Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 19% share price gain to ₹36.75, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 15x in the Shipping industry in India. Total returns to shareholders of 34% over the past three years. Reported Earnings • Nov 16
Second quarter 2022 earnings released: EPS ₹0.23 (vs ₹0.22 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: ₹1.15b (down 20% from 2Q 2021). Net income: ₹125.4m (up 255% from 2Q 2021). Profit margin: 11% (up from 2.4% in 2Q 2021). Upcoming Dividend • Sep 02
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 22 October 2021. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (3.6%). Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹8.24 (vs ₹0.75 loss in 1Q 2021) First quarter 2022 results: Revenue: ₹1.18b (down 5.6% from 1Q 2021). Net income: ₹1.29b (up ₹1.41b from 1Q 2021). Reported Earnings • Jun 13
Full year 2021 earnings released: ₹0.31 loss per share (vs ₹1.44 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹6.28b (down 31% from FY 2020). Net loss: ₹49.9m (down 122% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹0.37 (vs ₹0.29 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.02b (up 4.0% from 3Q 2020). Net income: ₹58.8m (up 30% from 3Q 2020). Profit margin: 2.9% (up from 2.3% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Announcement • Feb 02
Oricon Enterprises Limited to Report Q3, 2021 Results on Feb 12, 2021 Oricon Enterprises Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹27.15 The company is up 50% from its price of ₹18.05 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 55% over the same period. Announcement • Dec 30
Oricon Enterprises Limited Announces Reconstitution of Committee and Appoints Mr. Sumant Mimani as Additional Director Oricon Enterprises Limited at its board meeting held on December 29, 2020, approved reconstitution of committee. Nomination and remuneration committee includes Mr. Vijay Bhatia as Chairman and Mr. K.G. Gupta and Mr. Varun Somani as Member. Corporate Social Responsibility committee includes Mr. Adarsh Somani as Chairman and Mr. Vijay Bhatia and Mr. Sumant Mimani as member. The Board appointed Mr. Sumant Mimani as Additional Director (Non-executive Independent Director) of the Company. Is New 90 Day High Low • Dec 16
New 90-day high: ₹22.10 The company is up 18% from its price of ₹18.65 on 17 September 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 36% over the same period. Announcement • Nov 27
Oricon Enterprises Limited Announces Demise of Mr. Vinod Mimani Independent Director Oricon Enterprises Limited announced sudden and sad demise of Mr. Vinod Mimani, Independent Director of the Company, on 26th November, 2020. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹0.22 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹1.51b (down 14% from 2Q 2020). Net income: ₹35.3m (up ₹50.3m from 2Q 2020). Profit margin: 2.3% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Announcement • Oct 28
Oricon Enterprises Limited to Report Q2, 2021 Results on Nov 10, 2020 Oricon Enterprises Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Oct 04
Oricon Enterprises Limited Signs and Enter into A Joint Venture Agreement with TGP Tecnocap Group Partecipazioni S.R.L Oricon Enterprises Limited has signed and entered into a Joint Venture (JV) Agreement with TGP Tecnocap Group Partecipazioni S.R.L., Italy, holding company of the Tecnocap group, a multinational corporation headquartered in Italy engaged in the sectors of metal closures and aluminum aerosols bottles having consolidated turnover of EUR 160 million, for the year ended 31st December 2019, to record their understanding in relation to incorporation of a new Company, Tecnocap Oriental Private Limited, to which OEL shall transfer on slump sale basis its Business Undertaking pertaining to manufacturing of Lug caps situated at Murbad, District Thane, Maharashtra. Announcement • Sep 03
Oricon Enterprises Limited to Report Q1, 2021 Results on Sep 11, 2020 Oricon Enterprises Limited announced that they will report Q1, 2021 results on Sep 11, 2020 Announcement • Jun 17
Oricon Enterprises Limited to Report Fiscal Year 2020 Results on Jun 26, 2020 Oricon Enterprises Limited announced that they will report fiscal year 2020 results on Jun 26, 2020