OALCommodities

Oriental Aromatics Limited

Specialty Chemicals · ISIN INE959C01023 · BSE 500078 · NSE EQ · FV ₹5
Last price
₹514
+0.91%today
What this company does

Oriental Aromatics Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹260 cr of revenue in its latest quarter (Q1 FY27) and kept 1.0% of sales as profit.

In the report:
33out of 100
Equitytale Health Score
Strained

Healthier than 33% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 43–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
65

At close. Not part of the score.

Profitability & returns21

How much profit it earns on the money it employs

Balance sheet26

How much it owes, and whether earnings cover the interest

Cash quality27

Whether reported profit actually arrives as cash

Growth & consistency54

Whether sales and profit have grown, and how steadily

Valuation5

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 15% vs last year
Profit up 399% vs last year
Promoters hold 74%
No promoter shares pledged
Watch-outs
! Thin 1.0% net margin
! Low 1.5% return on equity
! Operating cash flow is negative

What if I invest in OAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹514 +0.91%
latest close · 2026-09-17
1-year return
-37.3%
52-wk low ₹33252-wk high ₹1,100
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio171.2High
LowAverageHigh
P/B ratio2.60Moderate
Below bookModerateHigh
EV / EBITDA25.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.5%Weak
WeakFairStrong ▸15%
Return on capital7.0%Weak
WeakFairStrong
Net margin1.0%Thin
ThinDecentStrong
EBITDA margin8.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.61Moderate
LowModerateHigh ▸1
Interest cover1.7×Risky
RiskyOkayStrong ▸5×
Current ratio1.60Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,728 cr
Book value
₹197
EPS
₹0.75
latest quarter
Net debt
₹389 cr
owes more than its cash
Enterprise value
₹2,117 cr
EBITDA
₹83 cr
annualised
EBIT
₹52 cr
annualised
Operating margin
5.0%
Return on assets
0.8%
Earnings yield
0.58%
P/S
1.66
Sales / share
₹308.8
Tax rate
52.3%
Face value
₹5
Shares
3.4 cr
Working capital
₹267 cr
Current assets
₹710 cr
Current liabilities
₹443 cr
Delivery %
39.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹217 vs market price ₹514 — price is 137% above it
Safety cushion-136.5%(target ≥ +20%)
Models span ₹213₹221, midpoint ₹217
Model ₹217
Price ₹514
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹260 cr
Other Income₹99.9 L
Total Income₹261 cr
Cost of Materials₹186 cr
Purchases of Stock-in-Trade₹13 cr
Inventory Change (±)₹-27 cr
Employee Benefit Expense₹21 cr
Finance Costs₹8 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹47 cr
Total Expenses₹256 cr
Profit before Tax₹5 cr
Tax Expense₹3 cr
Net Profit₹3 cr
Net margin on total income1.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹172 cr66.0%
Employee benefit expense₹21 cr8.1%
Finance costs₹8 cr3.0%
Depreciation & amortisation₹8 cr3.0%
Other expenses₹47 cr17.9%
Tax expense₹3 cr1.1%
Profit for the period₹3 cr1.0%
Total income ₹261 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue252 cr282 cr260 cr
Total income254 cr287 cr261 cr
Expenses255 cr279 cr256 cr
Profit before tax-2 cr7 cr5 cr
Tax7.6 L3 cr3 cr
Net profit (owners' share)-2 cr4 cr3 cr
Net margin (owners' share, on revenue)-0.8%1.4%1.0%
EPS (₹)-0.571.180.75
YoY (latest quarter): total income +15.5% · net profit +398.9%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,194 cr
Shareholder equity
₹665 cr
parent shareholders
Total debt
₹402 cr
Cash
₹13 cr
Cash flow · H1 FY26
Operating
₹-30 cr
Investing
₹-4 cr
Financing
₹26 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limited₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.10%
trailing 12 months
Dividend / share (TTM)
₹0.5
Last dividend
₹0.5
ex 5 Aug 2026
ActionDetailEx-date
Dividend₹0.5 / share5 Aug 2026
Dividend₹0.5 / share8 Aug 2025
Dividend₹0.5 / share6 Aug 2024
Dividend₹0.5 / share3 Aug 2023
Dividend₹1.5 / share9 Dec 2021
Dividend₹2.5 / share3 Dec 2020
Who owns it · 2026-06-30
No pledge
Promoter
74.2%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
25.8%
Smart-money activity
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE1.78 L @ ₹480.6627 Jul 23
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE1.78 L @ ₹480.327 Jul 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Aug 2026
See the official result
1
Adoption of Annual Audited Standalone and Consolidated Financial Statements and Reports thereon for the financial year ended 31st March, 2026
Backed by 100% of shareholders other than promotersneeded 50%
4.18 L votes for, 4 against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend at the rate of Rs 0.50 (10 percent) per equity share having face value of Rs 5.
Backed by 100% of shareholders other than promotersneeded 50%
4.18 L votes for, 4 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Satish Kumar Ray (DIN:07904910), who retires by rotation and being eligible, offers himself for reappointment.
Backed by 100% of shareholders other than promotersneeded 50%
4.18 L votes for, 4 against · 0% of mutual funds and other big investors said no
4
Ratification of remuneration of Cost Auditor, Ms V. J. Talati and Co. (Firm Registration No. R00213)
Backed by 100% of shareholders other than promotersneeded 50%
4.18 L votes for, 4 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 74.2% between them · as of 2026-06-30
DHARMIL ANIL BODANI37.08%
SHYAMAL ANIL BODANI37.08%
DEEPAK KANUNGOno shares
INDIRA DHARMIL BODANIno shares
Keshavlal V. Bodani Education Foundationno shares
KINNARI ARUN PUNJABIno shares
KISHORE KANUNGOno shares
Manju Meadows Private Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.