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Oricon Enterprises Ltd

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NSEBSE

24.350.35 (1.46%)

10:43 AM,27th Sep 2023

24.300.40 (1.67%)

10:55 AM,27th Sep 2023

BSE : 513121

NSE : ORICONENT

Sector : Industrials

ISIN Code : INE730A01022

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Last Updated: Sep 27 2023 | 10:55 AM IST

Market Cap (₹ Cr)

382

Turnover (₹ Cr)

0.00

Volume (Shares)

10149

Face Value

2

52-WK High

32.60

52-WK High Date

07 Oct 2022

52-WK Low

15.15

52-WK Low Date

28 Mar 2023

All Time High

73.75

All Time High Date

11 Jan 2016

All Time Low

2.42

All Time Low Date

05 Nov 2001

Oricon Enterprises Ltd

Oricon Enterprises Limited was formerly incorporated as a Private Limited Company in the name of Oriental Containers Private Limited on December 07 1968 which later on converted into a Public Limited Company in the name of Oricon Enterprises Limited effective from May 02 2006. The Company is engaged in manufacturing petrochemical products trading liquid colorants preform metal plastic closures and real estate. The company commenced operations with the manufacture of metal containers and closures like pilfer-proof caps and roll-on pilfer-proof caps. In 1983 it set up facilities to manufacture aluminium collapsible tubes. In 1991 OCL diversified into the petrochemical industry to manufacture import substitutes and speciality solvents. The company's products are sourced by some of the best companies in the country such as Indian Oil Gulf Oil Pennzoil Glaxo Bayer Colgate-Palmolive Kissan McDowell Shaw Wallace Reliance IPCL BASF etc. In 1992-93 Parijat Shipping and Finale (PSFL) became a subsidiary of the company. PSFL is engaged in hiring / chartering barges.In a major diversification in 1983 a plant was set up in Thane district for the manufacture of 25 million numbers p.a of aluminium collapsible tubes.In 1998-99 the company increased its installed capacity of Aluminium Collapsible Tubes/Rigid Containers by 22000000 Nos thereby taking its installed capacity to 170000000 Nos.The Metal Packaging division has received ISO-9002 Certification recognised by Quality Certification Bureau Inc. in 1999-2000. The company has been awarded with two India Star Award for its innovative products which is the highest recognition for excellence in Packaging. During the year 2006 the Company with the approvals of shareholders and creditors as also of the Hon'ble High Court Bombay effected merger of Scientific Vacuum Coating Pvt. Ltd. and accordingly the shareholders of Scientific Vacuum Coating Pvt Ltd were allotted 4273875 equity shares on October 30 2006. Pursuant to above merger National Cotton Products P Ltd. became Subsidiary of company.The Company acquired 100000 equity shares of Rs.10/each in USL Shinrai Automobiles Ltd. and 50000 equity shares of Rs.10/each in USL Auto Services Ltd. and post acquisition USL Shinrai Automobiles Ltd and USL Auto Services Ltd. became wholly owned subsidiaries of company effective from April 01 2006.Pursuant to the Agreement dated February 25 2006 with Oricon Packaging Pvt. Ltd.(now known as Oriental Containers Ltd.) for sale ofits Packaging Division on slump sale basis and approved by the shareholders the company transferred its packaging division effective from May 01 2006 along with all the assets and liabilities. Oriental Containers Ltd. since then raised funds from Private equity investor and as a result the voting rights of company came down to 30%.National Cotton Products Pvt.Ltd. ceased to be a subsidiary of the Company during the period 2007-08. The Hon'ble High Court Bombay vide its Order dated August 27 2010 approved the Scheme of Merger of Naman Tradvest Pvt Ltd and Zeuxite Investment Pvt Ltd with the Company and pursuant to the said Scheme of Merger National Cotton Products Pvt.Ltd. (100%) and United Shippers Ltd (50.19%) became subsidiaries of the Company in 2010.During the year 2014-15 Oriental Containers Limited became wholly owned Subsidiary of the Company w.e.f. 27th March 2015. Earlier the Company was holding 3246192 (30%) Equity Shares of Oriental Containers Limited who had acquired 7574644 Equity Sharesof Oriental Containers Limited from OC Holding Ltd.National Company Law Tribunal Mumbai Bench (NCLT) vide its order dated October 18 2017 approved the Scheme of Amalgamation of Oricon Properties Private Limited a wholly owned subsidiary with Company. National Company Law Tribunal Mumbai Bench (NCLT)on June 22 2018 vide its order pronounced on July 30 2018 approved the Scheme of Amalgamation of Oriental Containers Limited andShinrai Auto Services Limited the wholly owned subsidiaries with Company. During year 2017-18 Oriental Containers Limited (100%)-Subsidiary Company; Shinrai Auto Services Ltd (100%) -Subsidiary Company; United Shippers Limited (64.29%) -Subsidiary Company Claridge Energy LLP (50%) -Joint Venture Company were the Subsidiary Companies and Joint Venture Company of the Company. The Subsidiaries of the Company Oriental Containers Limited and Shinrai Auto Services Limited merged with Oricon Enterprirses Limited during the year 2018-19. Further Oricon Properties Pvt Ltd ceased to be the wholly owned subsidiary of the Company on account of its amalgamation with the Company. During the year 2019-20 United Shippers Limited Reay Road Iron & Metal Warehousing Private Limited Oriental Containers Limited were the subsidiary companies Claridge Energy LLP was a joint venture and Tecnocap Oriental Private Limited was an associate of the Company. During the year 2021-22 United Shippers Limited (Subsidiary Company) sold its business to Shreeji Shipping for a total consideration of Rs. 184.75 Crores. United Shippers Limited had Bought-back 1032000 equity shares from its existing shareholders. Post Buy-back the shareholding of the Company in its subsidiary increased from 64.29% to 82.79%. The Company further acquired 547297 Equity Shares of United Shippers Limited from Logiscor Limited for a total consideration of Rs. 388580870/-. Post-acquisition the holding of the Company in USL increased from 82.79% to 98.05%. Bulk Shipping PTE Ltd a step down subsidiary of the Company ceased to be step down subsidiary of the Company on account of sale of Shares by USL Shipping DMCEST Dubai a step down subsidiary of the Company.

Oricon Enterprises Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

382

EPS - TTM (₹) [S]

0.64

P/E Ratio (X) [S]

0.54

Face Value (₹) 2
Latest Dividend (%)25.00
Latest Dividend Date 13 Sep 2023
Dividend Yield (%) 2.09
Book Value Share (₹) [S]45.08
P/B Ratio (₹) [S]0.54
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

23.85

24.45

Week Low/High

23.25

26.00

Month Low/High

23.25

29.00

Year Low/High

15.15

33.00

All time Low/High

2.30

74.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-3.64%-1.81%-2.90-1.68%
1 Month-0.86%-0.61%1.161.56%
3 Month-1.42%-0.61%4.243.98%
6 Month44.42%53.63%14.1015.19%
1 Year-20.42%-19.64%14.8615.04%
3 Year37.57%38.35%75.5677.07%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
26-03-2019HAZARIMALL SOMANIBSEBUY95000027.85
26-03-2019KOPRAN LIFESTYLE LIMITEDBSESELL95000027.85
27-03-2018HAZARIMALL SOMANIBSEBUY100000050.18
27-03-2018KOPRAN LIFESTYLE LIMITEDBSESELL100000050.18
29-03-2017HAZARIMALL SOMANIBSEBUY115000054.10
29-03-2017HAZARIMALL SOMANIBSEBUY115000054.10
29-03-2017KOPRAN LIFESTYLE LIMITEDBSESELL115000054.10
29-03-2017KOPRAN LIFESTYLE LIMITEDBSESELL115000054.10
28-12-2015CLEARWATER CAPITAL PARTNERS SINGAPORE FUND III PRIVATE LIMITED FDBSESELL87964356.04
23-12-2015CLEARWATER CAPITAL PARTNERS SINGAPORE FUND III PRIVATE LIMITEDBSESELL163404556.04

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Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter66.97
Financial Institutions Banks0.00
Foreign Institutional Investors0.02
Insurance Companies1.59
Mutual Funds Uti0.00
Other Institutional Investors0.00
Indian Public22.70
Others Non Institutional Investors8.72
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

Search for Price History

DateOpenHighLowCloseSharesTrades
Data Not Found

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Company Info

Company Information

Joint MD & Executive Director : Adarsh Somani

Non Executive Director : Susheel G Somani

Executive Director : B K Toshniwal

Non Executive Director : Sujata Parekh Kumar

Non Executive Director : Varun Somani

Independent Non Exe. Director : KRISHNAGOPAL BADRIPRASAD GUPTA

Independent Non Exe. Director : Vijay Kumar Bhatia

Independent Non Exe. Director : Mamta Biyani

Independent Non Exe. Director : Sumant Mimani

Independent Non Exe. Director : Shravan Kumar Malani

Registered Office: 1076 Dr E Moses Road, Worli,Mumbai,Maharashtra-400018 Ph: 91-22-43662200

Email:share@ocl-india.com

URL:http://www.oriconenterprises.com