OSELDEVICE

Osel Devices Limited

Listed company · ISIN INE0RMF01018 · NSE SM · FV ₹10
Last price
₹369
-3.87%today
What this company does

Osel Devices Limited is a listed company. It booked ₹146 cr of revenue in its latest half year (H2 FY26) and kept 9.6% of sales as profit.

53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 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)
50

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet42

How much it owes, and whether earnings cover the interest

Cash quality19

Whether reported profit actually arrives as cash

Valuation40

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Looks broadly healthy
Strengths
✓ Makes a profit
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Strong 15% return on equity
Watch-outs
None flagged from our data

What if I invest in OSELDEVICE?

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 We do not publish price targets or predict returns.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 half year + price
₹369▼ -3.87%
latest close · 2026-10-01
52-wk low ₹35052 sessions so far52-wk high ₹450
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 ratio23.4Average
LowAverageHigh
P/B ratio3.58High
Below bookModerateHigh
EV / EBITDA12.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.4%Strong
WeakFairStrong ▸15%
Return on capital28.1%Strong
WeakFairStrong
Net margin9.6%Decent
ThinDecentStrong
EBITDA margin20.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.52Moderate
LowModerateHigh ▸1
Interest cover4.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.96Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹652 cr
Book value
₹103
EPS
₹7.89
latest half year
Net debt
₹92 cr
owes more than its cash
Enterprise value
₹745 cr
EBITDA
₹60 cr
annualised
EBIT
₹60 cr
annualised
Operating margin
20.5%
Return on assets
7.9%
Earnings yield
4.28%
P/S
2.24
Sales / share
₹164.8
Tax rate
41.0%
Face value
₹10
Shares
1.8 cr
Working capital
₹138 cr
Current assets
₹283 cr
Current liabilities
₹144 cr
Delivery %
76.3%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹124–₹124, midpoint ₹124

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 · H2 FY26 (consolidated)
Revenue from Operations₹146 cr
Other Income₹2 cr
Total Income₹148 cr
Cost of Materials₹113 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-30.3 L
Employee Benefit Expense₹3 cr
Finance Costs₹6 cr
Other Expenses₹1 cr
Total Expenses₹124 cr
Profit before Tax₹24 cr
Tax Expense₹10 cr
Net Profit₹14 cr
Net margin on total income9.5%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹113 cr76.3%
Employee benefit expense₹3 cr2.2%
Finance costs₹6 cr4.1%
Other expenses₹2 cr1.3%
Tax expense₹10 cr6.6%
Profit for the period₹14 cr9.5%
Total income ₹148 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹357 cr
Shareholder equity
₹182 cr
parent shareholders
Total debt
₹94 cr
Cash
₹2 cr
Who owns it · 2026-06-30
No pledge
Promoter
64.8%
FII / Foreign
0.2%
DII / Domestic
3.6%
Retail / others
31.4%
Promoter stake down 0.4% over the last 4 quarters.
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 · 25 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, the Report of Board of Directors and Auditors of the Company thereon and the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
20.87 L votes for, 0 against · 0% of mutual funds and other big investors said no
2
To appoint a Director in place of Mr. Mukesh Kumar Sinha (DIN: 05330700), Whole-time Director, who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
20.87 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
To consider and approve the Appointment of Ms. Dhwani Fatehpuria (DIN: 10558191) as an Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
20.87 L votes for, 0 against · 0% of mutual funds and other big investors said no
4
To approve material related party transaction with Guardian Technologies Private Limited (Formerly known as OSEL Technology Private Limited) for FY 2026-27.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
20.87 L votes for, 0 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 — 15 named members
owning 64.8% between them · as of 2026-06-30
RAJENDRA RAVI SHANKAR MISHRA64.84%
Guardian Technologies Private Limitedno shares
Gulab Mishrano shares
Jawahar Lalno shares
Jyoti Jhano shares
JYOTSNA JAWAHARno shares
Limitless Mobility Solutions Private Limitedno shares
Manjula Mishrano 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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹54 cr raised in Sep 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

To meet the additional working capital requirements of the Company
100%
₹54 cr of ₹54 cr
₹71 cr raised in Sep 2024 by selling shares to the public

As of Mar 2026, the company says it has spent 100% of what it set aside, leaving ₹2.8 L still to be spent.

Prepayment or repayment of all or a portion of certain loans availed by our Company
100%
₹6 cr of ₹6 cr
Funding of working capital requirements of our Company
100%
₹44 cr of ₹44 cr
General Corporate Purposes
100%
₹11 cr of ₹11 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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