MarketFriction

Opto Circuits (India) Ltd

NSE OPTOCIRCUI · BSE 532391 · Medical Equipment & Supplies
₹1.80 -2.70%
NSE close2022-05-23
Market cap₹54.1 Cr.
P/E2.18
No trades in 30 days

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Dec 2021Mar 2022
Sales272382388100000
Expenses14138151063121114
Operating Profit131008-22-2-1-2-1-1-14
OPM %48%45%2.8%34%-22%22%-349%-1,117%-2,244%-1,444%-4,350%-69,550%
Other Income00-8561-350020000-142
Interest000000000000
Depreciation220000000000
Profit before tax108-8569-3521-1-2-2-1-1-155
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit108-8569-3521-1-2-2-1-1-155
EPS in Rs0.340.28-28.480.29-11.720.05-0.02-0.06-0.07-0.04-0.03-5.17
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Sales6036706992631467750631056380
Expenses3623904231489353354363461218
Operating Profit242279276115532315204217-4-17
OPM %40%42%39%44%36%31%30%32%40%27%-45%-6,924%
Other Income361-2-2-1870-36203-1,2042-141
Interest253722545832811100
Depreciation66781010999310
Profit before tax24723824552-201-18-3641035-1,192-3-159
Tax %1%1%2%18%0%3%0%0%0%0%0%0%
Net Profit24423524142-202-18-3641035-1,192-3-159
EPS in Rs10.099.699.951.74-8.32-0.74-15.020.351.16-39.63-0.09-5.28
Dividend Payout %34%31%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-55%-65%-87%-97%
Compounded Profit Growth-20%80%-11%651%
Stock Price CAGR-17%-11%%%
Return on Equity%%%%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Equity Capital186242242242242242242288301301301301
Reserves8769711,2121,2541,0431,025650836876-262-264-423
Borrowings724657814881887710714549530489478482
Other Liabilities2571352071462532829610211813110668
Total Liabilities2,0442,0062,4752,5242,4242,2581,7021,7741,824659620428
Fixed Assets79741211139585786960121111
CWIP11110102102157158000
Investments1,11438238238238238238243744720220220
Other Assets8491,5491,9712,0281,9481,6891,1411,1121,159445407397
Total Assets2,0442,0062,4752,5242,4242,2581,7021,7741,824659620428
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Cash from Operating Activity118-30-93-165633557474221-5-3
Cash from Investing Activity-572146-19-00-49-56-1-11192-2
Cash from Financing Activity461-1886916-56-285-4-46-30-4125
Net Cash Flow7-72-430-11-200-100
Free Cash Flow113-30-147-165633356464121-3-3
CFO/OP50%-9%-32%-5%106%1,427%382%231%101%127%124%19%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Debtor Days1381403058541,61343969811391790
Inventory Days2652663361,3411,9433,6602,4593942374751,149470
Days Payable612521146701,8271732922897924,188775
Cash Conversion Cycle3973955892,0822,8871,8372,32417129-179-2,860-305
Working Capital Days-883074951,3962,023-1,806-4,111-2,519-1,474-2,753-21,186-671,060
ROCE %19%15%13%5%2%1%0%1%2%1%-1%6%
Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020
Promoters21.53%21.53%21.56%20.95%19.30%19.48%19.48%19.48%19.48%19.48%18.52%18.52%
FIIs0.17%0.48%0.45%0.59%0.74%0.73%0.69%0.83%0.91%0.92%0.94%0.96%
DIIs1.57%1.56%1.30%1.28%0.80%0.81%0.61%0.82%0.60%0.61%0.02%0.02%
Public76.73%76.43%76.69%77.18%79.15%78.98%79.22%78.87%79.01%79.00%80.52%80.50%
No. of Shareholders90,30988,36187,36686,78685,89084,86984,69983,80583,09594,11995,82896,217

Fundamentals

Market Cap₹ 54.1 Cr.
Current Price₹ 1.80
Stock P/E2.18
Book Value₹ -4.08
ROCE5.68 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-97%
Compounded Profit Growth (TTM)651%
Standalone figures.
Valuation
Market capRs 54 Cr
Enterprise valueRs 535 Cr
Price to book-0.44x
Price to sales245.95x
EV / sales2433.73x
Earnings yield-294.92%
P/B, 3-year average1.27x
P/E, 5-year average14.85x
P/B, 5-year average0.56x
Profitability
Operating margin (excl. other income)-6924.00%
Operating margin (incl. other income)-63520.00%
EBITDA margin-72536.36%
Pre-tax margin-72536.36%
Net profit margin-72536.36%
Net margin, latest quarter-777150.00%
ROE368.27%
ROCE-36.38%
ROA-30.32%
ROE, 3-year average54.98%
ROCE, 3-year average-47.83%
ROA, 3-year average-42.24%
ROE, 5-year average33.80%
ROCE, 5-year average-28.13%
ROA, 5-year average-24.84%
ROIC (approx.)-44.48%
Other income / net worth115.48%
Growth
Sales growth (latest year)-97.02%
Sales CAGR, 3 years-86.64%
Sales CAGR, 5 years-65.40%
Sales growth QoQ0.00%
Sales growth YoY (latest quarter)-83.33%
Per share
EPS (TTM)Rs -5.31
EPS (latest quarter)Rs -5.17
EPS, 3-year averageRs -39.63
EPS, 5-year averageRs -12.71
Book value per shareRs -4.08
Sales per shareRs 0.01
Cash flow per shareRs -0.11
Free cash flow per shareRs -0.10
Efficiency
Asset turnover0.00x
Fixed asset turnover0.02x
Inventory turnover0.78x
Inventory days470 days
Creditor days775 days
Cash conversion cycle-305 days
Working capital days-671060 days
Leverage
Total debtRs 482 Cr
Cash and bankRs 0 Cr
Net debtRs 481 Cr
Debt to equity-3.93x
Owners' fund to total sources-28.65%
Debt to assets112.65%
Cash flow
Cash from Operating Activity (latest year)Rs -3 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 5 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Sales (latest quarter)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -17 Cr
Operating profit (latest quarter)Rs -14 Cr
Other income (TTM)Rs -141 Cr
EBITDA (TTM)Rs -160 Cr
PBDT (TTM)Rs -160 Cr
Profit before tax (TTM)Rs -160 Cr
Net profit (TTM)Rs -160 Cr
Net profit (latest year)Rs -159 Cr
Net profit (latest quarter)Rs -155 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 18 Cr
Total income (latest year)Rs -141 Cr
Share capitalRs 301 Cr
ReservesRs -423 Cr
Shareholders' fundsRs -123 Cr
Total assetsRs 428 Cr
Net blockRs 11 Cr
InvestmentsRs 20 Cr
InventoryRs 8 Cr
Other liabilitiesRs 68 Cr
Shares outstanding (crore)30.06
Ownership
Promoter holding18.52% (-0.96 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.49 is at the 65th percentile (median 0.30).
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.
PeriodOPTOCIRCUINifty 50Difference
1 week-18.2%-2.8% -15.4 pts
1 month-26.5%-6.8% -19.7 pts
3 months-50.7%-7.6% -43.1 pts
6 months-62.9%+0.4% -63.3 pts
1 year-70.0%-9.9% -60.1 pts
2 years-36.8%-13.6% -23.3 pts
3 years-74.8%+14.2% -89.0 pts
5 years-81.3%+27.9% -109.2 pts

Red flags

F-score 2 of 8
seriousNegative equity Shareholders' equity is negative
lookInventory outrunning sales Inventory grew -44% vs sales -97% in 2022
lookRepeated losses Net loss in each of the last two years
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 2022
Sales ₹0 Cr. Net loss ₹155 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2020-12-24 Annual General Meeting
2019-09-25 Annual General Meeting
2018-09-21 Annual General Meeting (Date Revised)
2017-08-29 Annual General Meeting
2016-09-01 Annual General Meeting
2015-12-23 Annual General Meeting
2014-09-24Annual General Meeting
2013-09-24Annual General Meeting
2012-09-21Annual General Meeting/Dividend Rs 3 Per Share
2012-03-29Bonus 3:100.7692
2011-09-21Dividend-Rs.4.50 Per Share
2010-09-21Annual General Meeting And Dividend Rs.4/- Per Share
2009-09-18Dividend-Rs.4/- Per Share
2008-11-03Bonus 7:100.5882
2008-09-24Agm/Dividend - 50%
2007-10-25Bonus 1:20.6667
2007-09-18Agm/Dividend--50%
2006-10-30Bonus 1:10.5000
2006-09-20Agm/Dividend-40%
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 Opto Circuits (India) Ltd?

Opto Circuits (India) Ltd (OPTOCIRCUI) has a market capitalisation of Rs 54.1 Cr. at the 2022-05-23 close.

What is the P/E ratio of Opto Circuits (India) Ltd?

Opto Circuits (India) Ltd trades at a P/E of 2.18 on trailing twelve-month profit, at the 2022-05-23 close.

What were Opto Circuits (India) Ltd's latest quarterly results?

In the Mar 2022 quarter, Opto Circuits (India) Ltd sales was Rs 0 Cr with a net loss of Rs 155 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03