OCL India (Delisted) financials and balance sheet
BSE: 502165
Formerly ORISSA CEMENT
Last traded ₹905.80 on 24 Oct 2018
Delisted on 19 Feb 2019.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.OCL India annual reports
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs.
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
The years either side of a change of basis do not compare. From the year to Mar 2017, the company's revenue for that year, ₹3,267 Cr, differs from its quarters added, ₹3,174 Cr.
Results for the year to Mar 2018
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue3,541
- Operating expenses−2,841
- Operating profit700
- Depreciation−168
- Other income+130
- Finance costs−115
- Profit before tax548
- Tax−126
- Net profit422
Profit and loss
Standalone, ₹ crore, years to March.OCL India quarterly results
| ₹ crore | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,129 | 1,391 | 1,491 | 1,470 | 1,817 | 1,856 | 2,215 | 2,665 | 3,267 | 3,541 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. | 861 | 989 | 1,171 | – | 1,401 | 1,565 | – | – | 2,592 | 2,841 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. | 323 | 389 | 435 | 535 | 421 | 482 | 479 | 495 | 557 | 904 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. | 268 | 402 | 320 | – | 417 | 291 | – | – | 675 | 700 |
| Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. | 23.7% | 28.9% | 21.5% | – | 22.9% | 15.7% | – | – | 20.7% | 19.8% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. | 57 | 115 | 123 | – | 138 | 126 | – | – | 146 | 168 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. | 211 | 287 | 197 | – | 278 | 165 | – | – | 529 | 532 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. | 5 | 18 | 17 | 33 | 25 | 37 | 28 | 69 | 136 | 130 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. | 39 | 51 | 62 | 75 | 77 | 68 | 71 | 133 | 135 | 115 |
| Profit before tax | 177 | 255 | 152 | 38 | 226 | 133 | 161 | 290 | 530 | 548 |
| 61 | 91 | 37 | 6 | 70 | 35 | 47 | 53 | 147 | 126 | |
| Net profit | 116 | 164 | 114 | 32 | 156 | 98 | 114 | 236 | 384 | 422 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 10.3% | 11.8% | 7.7% | 2.2% | 8.6% | 5.3% | 5.1% | 8.9% | 11.7% | 11.9% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2012, Mar 2015 and Mar 2016: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to March.
| Ratio | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. | 26.4% | 23.2% | 7.2% | −1.4% | 23.6% | 2.1% | 19.4% | 20.3% | – | 8.4% |
| Operating profit growthOperating profit growth. This year's operating profit before depreciation less last year's, divided by last year's, times 100; blank where last year's is not above nought. | 34.1% | 50.2% | −20.4% | – | – | −30.1% | – | – | – | 3.7% |
| Net profit growthNet profit growth. This year's net profit less last year's, divided by last year's, times 100; blank where last year's is not above nought. | −0.4% | 41.4% | −30.1% | −72.2% | 391.6% | −37.4% | 16.2% | 107.9% | 62.5% | 10.0% |
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. | 5.5 | 5.7 | 3.2 | – | 3.6 | 2.4 | – | – | 3.9 | 4.6 |
Revenue growth is left blank for the year to Mar 2017: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2018.
| Measure | 10 years | 5 years | 3 years |
|---|---|---|---|
| Revenue growth, yearly rateRevenue growth, yearly rate. 3 years: Revenue in the latest year ÷ revenue in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Revenue in the latest year ÷ revenue in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Revenue in the latest year ÷ revenue in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 14.8% | 14.3% | 16.9% |
| Profit growth, yearly rateProfit growth, yearly rate. 3 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year three years before, to the power of one third, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 5 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year five years before, to the power of one fifth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. 10 years: Profit to the company's own shareholders in the latest year ÷ profit to the company's own shareholders in the year ten years before, to the power of one tenth, − 1, × 100: the yearly rate it grew at; empty where either year is missing, nought or a loss, or a change of year end falls between them. | 13.8% | 22.0% | 54.9% |
| Operating margin, averageOperating margin, average. 3 years: The plain average of the yearly operating profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly operating profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly operating profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | – | 20.2% |
| Net margin, averageNet margin, average. 3 years: The plain average of the yearly net profit margin over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly net profit margin over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly net profit margin over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 8.3% | 8.6% | 10.8% |
| Interest cover, averageInterest cover, average. 3 years: The plain average of the yearly interest cover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly interest cover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly interest cover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | – | – | 4.3 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax.Published threshold 17.16 per cent | 34.64 | 35.69 | 24.60 | 16.25 | 30.94 | 26.46 | 29.40 | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.