Oceanic Foods Ltd.
Snapshot View

47.25 -1.65 ▼-3.4%

05 August 2021, 04:00:00 P.M.
Volume: 18

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website
Financial Indicators
Market Cap 53.16 Cr.
Earnings per share (EPS) 1.96 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 24.16 Trailing Twelve Months Ending 2021-03
Industry PE 57.81 Trailing Twelve Months Ending 2021-03
Book Value / Share 22.76 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.08 Calculated using Price: 47.25
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.13 Cr. 11,250,000 Shares
FaceValue 10
Company Profile

Incorporated in 1993, Oceanic Foods is FSSC 22000 complied company engaged in manufacturing of dehydrated food products. It exports dehydrated vegetables to various countries around the globe. Its products are internationally certified by US FDA, Kosher and Halal and are domestically certified by FSSAI, and APEDA. The company’s Promoter, Vinodrai Patel has more than four decades of experience in Food Dehydration Industry. He has been President of Indian Dehydrated Foods Industry Association since its inception for more than 25 years till recently. The company is also promoted by Ajesh Patel, elder son of Vinodrai Patel. He joined the company in the year 1993 and since then is involved in all day to day activities of the company. Later on Tulan Patel, younger son of Vinodrai Patel joined the company who now leads the marketing function of the company. With exposure in overseas market, Tulan Patel has been instrumental in grabbing overseas opportunities for its products.

The company currently has two manufacturing units spread over more than 5 acres in aggregate. Unit I is situated at Lalpur, Jamnagar spread over 5 acres and Unit II situated at Jamnagar spread over half acre. Unit I is an automated plant where primary process of dehydration is carried out at Unit I which includes peeling, washing, slicing and steam drying. Unit II carries out Secondary Process of Dehydration which includes oven drying and toasting. It purchases 100% raw material i.e. Onion locally from Gujarat and Garlic from Maharashtra, Madhya Pradesh and Rajasthan. It also has an in-house Laboratory for testing the quality of its products.

Business area of the company

The company’s major revenue comes from sale of dehydrated onion and garlic products in various forms like flakes, minced, powder, etc. It also manufactures other dehydrated vegetables like potato, ginger, spinach, coriander, carrot, cabbage, green chilly, etc.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.37%
1 Week
-8.25%
1 Month
-22.54%
3 Month
+8.50%
6 Month
-4.74%
1 Year
+48.58%
2 Year
+17.25%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 27.53 24.57 21.04 16.84 18.16 15.07 7.23 12.54 13.12
Return on Capital Employed (%) 26.75 16.49 16.07 17.55 16.87 18.17 11.85 12.63 14.91
Return on Assets (%) 5.51 4.51 3.97 3.35 4.07 4.90 2.97 5.49 6.36

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 4 6 7 8 9 17 18 21 23
Non Curr. Liab. 1 1 1 1 1 1 2 1 1
Curr. Liab. 19 23 27 29 28 25 23 24 20
Minority Int.
Equity & Liab. 24 30 35 39 39 43 43 46 45
Non Curr. Assets 10 12 13 13 11 12 13 14 14
Curr. Assets 14 18 22 26 28 31 30 32 30
Misc. Exp. not W/O
Total Assets 24 30 35 39 39 43 43 46 45

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 49 50 71 81 63 78 82 78 91
Other Income 0 0 0 0 0 0 0 0 0
Total Income 49 50 72 81 63 78 82 78 91
Total Expenditure -46 -46 -68 -76 -57 -72 -77 -73 -85
PBIDT 4 4 3 5 6 7 5 6 7
Interest -2 -2 -2 -3 -3 -3 -2 -2 -2
Depreciation 0 0 0 -1 -1 -1 -1 -1 -1
Taxation -1 -1 -1 -1 -1 -1 -1 -1 -1
Exceptional Items 1
PAT 1 1 1 1 2 2 1 2 3

Cash Flow View Details

Particulars 7 years 2010-03 Rs. Cr. 2011-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 7 7 -6 9
Cash Fr. Inv. 1 -1 -2 7 -1
Cash Fr. Finan. 1 -6 -1 0 -9
Net Change 3 0 4 0 -1
Cash & Cash Eqvt 3 3 7 1 0

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.07
Public 25.13 25.13 25.13 25.13 25.13 25.13 25.13 25.13 25.93
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 05 Aug 2021
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended 30Th June 2021
Oceanic Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve Unaudited Financial Results for the Quarter ended 30th June 2021
Thu, 29 Jul 2021
Board Meeting Intimation for Appointment Of New (Independent) Directors
Oceanic Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2021 inter alia to consider and approve 1. Appointment of Mr Abhishek Nagrecha (DIN: 09200646) as an Additional Independent Director of the Company. Mr. Nagrecha shall be shall be an Independent Director of the Company.
2. To consider and approve Appointment of Mr Kaushal Garg (DIN: 09244824) as an Additional Independent Director of the Company. Mr. Garg shall be an Independent Director of the Company.
3. To consider and approve Appointment of Mrs Niyati Kotecha (DIN: as an Additional Independent Director of the Company. Ms. Kotecha shall be an Independent Director of the Company.
4. To take note of Resignation of Mr Rashmikant Makwana (DIN: 07562889) from the post of Independent Director.
5. To take note of Resignation of Mr Nitesh Kotecha (DIN: 00590244) from the post of Independent Director
6. To take note of Resignation of Ms Vaidehi Majithia (DIN:07558547) from the post of Independent Director
Thu, 15 Jul 2021
Disclosure Of Related Party Transactions Under Reg 23(9) Of SEBI LODR Regulations For The Half Year Ended 31St March 2021
Disclosure of Related Party Transactions under Reg 23(9) of SEBI LODR Regulations for the Half year ended 31st March 2021

Technical Scans View Details

Thu, 05 Aug 2021
Close Crossing Last Week Low Close Crossing Last Week Low
Close Crossing Last Month Low Close Crossing Last Month Low
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low
Closing Below Previous Low for 3 days Closing Below Previous Low for 3 days

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