Price
Financials
Standalone, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 0.96 | 0.00 | 0.97 | 0.00 | 1.49 | 5.21 | 13.59 | 8.18 | 8.18 | 0.00 | 1.93 |
| Operating costs | 0.15 | 0.85 | 0.08 | 0.84 | 0.09 | 1.31 | 4.22 | 12.08 | 5.89 | 5.89 | 0.08 | 1.99 |
| EBITDA | -0.15 | 0.11 | -0.08 | 0.13 | -0.09 | 0.18 | 0.99 | 1.51 | 2.29 | 2.29 | -0.08 | -0.06 |
| EBITDA margin % | 11.46% | 13.40% | 12.08% | 19.00% | 11.11% | 28.00% | 28.00% | -3.11% | ||||
| Depreciation & amortisation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Finance costs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 | 2.23 | 0.69 | 0.80 | 0.00 | 1.38 | 0.00 | 1.53 |
| Pre-tax profit | -0.08 | 0.18 | -0.08 | 0.13 | -0.09 | 2.41 | 1.68 | 2.31 | 2.29 | 3.67 | -0.08 | 1.47 |
| Effective tax rate % | 0.00% | 5.56% | 0.00% | 7.69% | 0.00% | 0.83% | 0.00% | 19.48% | 0.00% | 23.71% | 0.00% | 23.81% |
| Profit after tax | -0.08 | 0.17 | -0.08 | 0.12 | -0.09 | 2.40 | 1.68 | 1.86 | 2.29 | 2.79 | -0.08 | 1.11 |
| Earnings per share (Rs) | -0.12 | 0.25 | -0.12 | 0.18 | -0.13 | 3.50 | 2.45 | 2.72 | 3.34 | 4.07 | -0.12 | 1.62 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 258.33 | 69.22 | 48.19 | 24.25 | 24.47 | 14.79 | 0.96 | 0.97 | 1.49 | 13.59 | 8.18 | 1.93 |
| Operating costs | 257.96 | 68.96 | 47.98 | 24.17 | 24.42 | 14.72 | 0.94 | 0.91 | 1.39 | 12.08 | 5.97 | 2.07 |
| EBITDA | 0.37 | 0.26 | 0.21 | 0.08 | 0.05 | 0.07 | 0.02 | 0.06 | 0.10 | 1.51 | 2.21 | -0.14 |
| EBITDA margin % | 0.14% | 0.38% | 0.44% | 0.33% | 0.20% | 0.47% | 2.08% | 6.19% | 6.71% | 11.11% | 27.02% | -7.25% |
| Depreciation & amortisation | 0.09 | 0.06 | 0.03 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Finance costs | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-operating income | 0.02 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.07 | 0.00 | 2.23 | 0.80 | 1.38 | 1.53 |
| Pre-tax profit | 0.28 | 0.20 | 0.18 | 0.05 | 0.06 | 0.06 | 0.09 | 0.06 | 2.33 | 2.31 | 3.59 | 1.39 |
| Effective tax rate % | 32.14% | 35.00% | 33.33% | 20.00% | 16.67% | 16.67% | 11.11% | 16.67% | 0.86% | 19.48% | 24.23% | 25.18% |
| Profit after tax | 0.19 | 0.13 | 0.13 | 0.04 | 0.05 | 0.05 | 0.08 | 0.05 | 2.31 | 1.86 | 2.71 | 1.03 |
| Earnings per share (Rs) | 0.38 | 0.19 | 0.19 | 0.06 | 0.07 | 0.07 | 0.12 | 0.07 | 3.37 | 2.72 | 3.96 | 1.50 |
| Paid out as dividend % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | -30% | 15% | 9% | -76% | ||
| Profit CAGR | 23% | 103% | -24% | -62% | ||
| Share price CAGR | 9% | 23% | 14% | % | ||
| Average return on equity | 3% | 5% | 5% | 3% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 0.18 | 0.12 | 0.09 | 0.06 | 0.04 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 27.23 | 27.23 | 27.74 | 28.23 | 28.21 | 27.69 | 27.52 | 27.34 | 18.78 | 0.00 | 0.00 | 0.00 |
| Current & other assets | 0.92 | 3.13 | 2.79 | 2.39 | 2.52 | 2.82 | 3.05 | 3.27 | 13.75 | 34.73 | 37.91 | 38.40 |
| Total assets | 28.33 | 30.48 | 30.62 | 30.68 | 30.77 | 30.54 | 30.58 | 30.62 | 32.54 | 34.74 | 37.92 | 38.41 |
| Share capital | 5.00 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 |
| Reserves & surplus | 23.30 | 23.62 | 23.75 | 23.80 | 23.85 | 23.64 | 23.70 | 23.75 | 25.67 | 27.42 | 30.14 | 31.17 |
| Total debt | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other liabilities & provisions | 0.01 | 0.01 | 0.02 | 0.03 | 0.07 | 0.05 | 0.03 | 0.02 | 0.02 | 0.47 | 0.93 | 0.39 |
| Equity + liabilities | 28.33 | 30.48 | 30.62 | 30.68 | 30.77 | 30.54 | 30.58 | 30.62 | 32.54 | 34.74 | 37.92 | 38.41 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.65 | -2.04 | 0.51 | 0.48 | -0.02 | -0.27 | -0.17 | -0.16 | -8.19 | -6.66 | 8.30 | -0.25 |
| Investing cash flow | -2.53 | 0.00 | -0.51 | -0.48 | 0.02 | 0.26 | 0.17 | 0.18 | 8.17 | 6.66 | -8.30 | 0.28 |
| Free cash flow (after capex) | 2.69 | -2.04 | 0.51 | 0.49 | -0.02 | -0.27 | -0.15 | -0.16 | -8.19 | -6.66 | 8.30 | -0.25 |
| Financing cash flow | -0.09 | 2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net change in cash | 0.03 | -0.03 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 | 0.02 | -0.02 | 0.00 | 0.00 | 0.03 |
| Cash conversion (OCF / EBITDA) % | 716% | -750% | 257% | 612% | -140% | -371% | -800% | -250% | -8,170% | -441% | 376% | -471% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | 0.99% | 0.68% | 0.59% | 0.16% | 0.20% | 0.20% | 0.10% | 0.20% | 7.38% | 6.92% | 10.08% | 3.71% |
| Receivable days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.86 | 0.00 | 0.00 | 0.00 | 431.34 | 671.55 | 2,836.79 |
| Inventory days | 0.89 | 14.43 | 18.80 | 31.80 | 35.12 | 56.66 | 1,596.19 | 1,493.62 | 3,985.08 | 495.48 | 0.00 | 0.00 |
| Payable days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Cash cycle (days) | 0.89 | 14.43 | 18.80 | 31.80 | 35.12 | 67.52 | 1,596.19 | 1,493.62 | 3,985.08 | 926.82 | 671.55 | 2,836.79 |
| Working capital days | 1.06 | 15.77 | 20.22 | 33.87 | 35.80 | 67.37 | 1,133.02 | 1,196.60 | 3,353.59 | 590.07 | 670.21 | 2,793.29 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% | 74.53% |
| Retail & others % | 25.48% | 25.47% | 25.48% | 25.47% | 25.47% | 25.47% | 25.48% | 25.48% | 25.48% | 25.48% | 25.48% | 25.48% |
| Shareholder count | 43 | 46 | 46 | 46 | 46 | 46 | 47 | 47 | 47 | 47 | 47 | 51 |
Fundamentals
Market value₹ 21.2 Cr.
Last price₹ 30.9
P/E (trailing)20.6
Book value / share₹ 55.5
Return on capital3.71 %
Return on equity2.75 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)-76%
Profit CAGR (TTM)-62%
Standalone figures.
Valuation
Market capRs 21 Cr
Enterprise valueRs 21 Cr
P/E (TTM)20.55x
Price to book0.56x
Price to sales10.97x
EV / EBITDA15.20x
EV / EBIT15.20x
EV / sales10.95x
Earnings yield4.87%
P/E, 3-year average13.30x
P/B, 3-year average0.58x
P/E, 5-year average40.09x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)-7.25%
Operating margin (incl. other income)72.02%
EBITDA margin72.02%
Pre-tax margin72.02%
Net profit margin53.37%
ROE2.75%
ROCE3.71%
ROA2.70%
ROE, 3-year average5.31%
ROCE, 3-year average6.90%
ROA, 3-year average5.23%
ROE, 5-year average4.68%
ROCE, 5-year average5.66%
ROA, 5-year average4.63%
ROIC (approx.)2.74%
Tax rate25.18%
Other income / net worth4.02%
Growth
Sales growth (latest year)-76.41%
Profit growth (latest year)-61.99%
Sales CAGR, 3 years9.01%
Sales CAGR, 5 years14.99%
Profit CAGR, 3 years-23.60%
Profit CAGR, 5 years66.71%
Per share
EPS (TTM)Rs 1.50
EPS (latest year)Rs 1.50
EPS, 3-year averageRs 2.73
EPS, 5-year averageRs 2.32
Book value per shareRs 55.50
Sales per shareRs 2.82
Cash flow per shareRs -0.36
Efficiency
Asset turnover0.05x
Fixed asset turnover193.00x
Debtor days2837 days
Debtors turnover0.13x
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.03x
Owners' fund to total sources98.98%
Cash flow
Operating cash flow (latest year)Rs -0 Cr
Investing cash flow (latest year)Rs 0 Cr
Net change in cash (latest year)Rs 0 Cr
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 7 Cr
ReservesRs 31 Cr
Shareholders' fundsRs 38 Cr
Total assetsRs 38 Cr
Net blockRs 0 Cr
ReceivablesRs 15 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)0.69
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 20.6 is at the 22th percentile of its own 3.3-year range
(median 102.8, low 6.2, high 296.6).
P/B 0.56 is at the 80th percentile (median 0.34).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 539116 | Nifty 50 | Difference |
|---|---|---|---|
| 3 years | +23.6% | +14.2% | +9.4 pts |
| 5 years | +180.9% | +27.9% | +153.0 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was 25% of net profit over the last 3 years |
| explain | Receivables outrunning sales Receivables grew -0% vs sales -76% in 2026 |
| look | Profit leans on other income Other income was 110% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹2 Cr -85.8% vs Mar 2024.
Net profit ₹1 Cr -40.3%.
Activity
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| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
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| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of O.P Chains Ltd?
O.P Chains Ltd (539116) has a market capitalisation of Rs 21.2 Cr. at the 2026-09-09 close.
What is the P/E ratio of O.P Chains Ltd?
O.P Chains Ltd trades at a P/E of 20.6 on trailing twelve-month profit, at the 2026-09-09 close.
What were O.P Chains Ltd's latest quarterly results?
In the Mar 2026 quarter, O.P Chains Ltd sales was Rs 2 Cr (-85.8% vs Mar 2024) and net profit was Rs 1 Cr.