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Orient Abrasives Limited (ORIENTABRA.NS)
Key financial summary
Financials in INR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | INR m | 3,225 | 3,130 | 3,458 | 3,022 | 2,671 | 3,022 | 3,179 |
| Operating profit | INR m | 167 | 223 | |||||
| Net profit | INR m | 170 | 162 | 206 | 114 | 69 | 142 | 206 |
| EPS reported | INR | 1.19 | 1.72 | |||||
| Operating cashflow per share | INR | 3.66 | 3.66 | |||||
| Capex per share | INR | 1.32 | 1.32 | |||||
| FCF per share | INR | 2.34 | 2.34 | |||||
| Free cash flow | INR m | 279 | 265 | |||||
| Net debt | INR m | 76 | 0 | |||||
| Book value equity | INR m | 2,603 | - | |||||
| Book value per share | INR | 21.79 | - | |||||
| Number of shares | m | 119.44 | 119.64 | |||||
| DPS (TTM paid) | INR | 0.15 | 0.00 |
Financial summary
Financials in INR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 19.24 | - | |||||
| P/B LTM | x | 1.05 | 1.57 | |||||
| P/S LTM | x | 0.91 | 1.34 | |||||
| P/FCF LTM | x | 9.79 | 16.12 | |||||
| EV/EBITDA LTM | x | 8.42 | 10.11 | |||||
| EV/Sales LTM | x | 0.93 | 1.34 | |||||
| Earnings Yield LTM | % | 5.20% | 3.47% | |||||
| FCF Yield | % | 10.21% | 6.20% | |||||
| Quality | ||||||||
| ROE | % | 5.46% | 5.60% | |||||
| ROIC | % | 4.54% | 4.54% | |||||
| Operating margin | % | 5.53% | 5.53% | |||||
| Gross margin | % | 34.15% | 34.15% | |||||
| FCF/Sales | % | 9.24% | 9.24% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +108.77% | +95.45% | |||||
| Sales Growth YoY | % | +13.16% | +15.66% | |||||
| Net Income Growth YoY | % | +107.17% | +96.44% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +78.89% | +107.91% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.66% | 0.00% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 12.63% | 0.00% | |||||
| FCF/Debt | x | 1.90 | - | |||||
| Net Debt/EBITDA | x | 0.27 | 0.27 | |||||
| EBIT/Net interest | x | 4.75 | 4.75 | |||||
| Net debt/market cap | % | 2.78% | 0.00% | |||||
| Net debt/Equity | x | 0.03 | - | |||||
| Gross debt/equity | x | 0.06 | - | |||||
Company overview
Established in 1971 and headquartered in Mumbai, India, Orient Abrasives Limited is a prominent player in the production and distribution of aluminum refractories and monolithic materials. The company's operations are segmented into two core areas: the manufacturing of alumina refractories, monolithic products, and bauxite ores, and a separate power generation division. Orient Abrasives supplies a comprehensive range of aluminous raw materials, including various grades of fused alumina (brown, white, and pink), white fused mullite, fused zirconia mullite, fused alumina-magnesia spinel, calcined bauxite (both raw and as aggregates), and high alumina refractory cement. These critical components are primarily utilized by manufacturers of grinding wheels and other refractory products. Furthermore, the company offers a diverse selection of monolithic solutions, such as conventional, dense, and low cement castables, alongside refractory mortars. Ceramic proppants also form part of their product portfolio. Beyond its industrial manufacturing, Orient Abrasives engages in renewable energy, generating and selling wind power to state-owned distribution companies in the Indian states of Rajasthan and Karnataka. The company caters to both the domestic Indian market and actively exports its products internationally.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Orient Abrasives Limited (ORIENTABRA.NS)
Established in 1971 and headquartered in Mumbai, India, Orient Abrasives Limited is a prominent player in the production and distribution of aluminum refractories and monolithic materials. The company's operations are segmented into two core areas: the manufacturing of alumina refractories, monolithic products, and bauxite ores, and a separate power generation division. Orient Abrasives supplies a comprehensive range of aluminous raw materials, including various grades of fused alumina (brown, white, and pink), white fused mullite, fused zirconia mullite, fused alumina-magnesia spinel, calcined bauxite (both raw and as aggregates), and high alumina refractory cement. These critical components are primarily utilized by manufacturers of grinding wheels and other refractory products. Furthermore, the company offers a diverse selection of monolithic solutions, such as conventional, dense, and low cement castables, alongside refractory mortars. Ceramic proppants also form part of their product portfolio. Beyond its industrial manufacturing, Orient Abrasives engages in renewable energy, generating and selling wind power to state-owned distribution companies in the Indian states of Rajasthan and Karnataka. The company caters to both the domestic Indian market and actively exports its products internationally.
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