MarketFriction

Oriental Bank of Commerce(Merged

NSE ORIENTBANK · BSE 500315
₹43.45 +4.32%
NSE close2020-03-20
Market cap₹5,954 Cr.
P/E9.28
Merged or delisted Delivery 58.6%

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 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Sales4,5034,4384,4524,2624,2454,2694,2844,5614,7544,9204,8784,657
Expenses3,7222,3844,0513,4813,4712,6132,0544,7022,4291,9042,0682,051
Operating Profit7802,0534027817741,6562,230-1412,3253,0162,8092,606
OPM %17%46%9%18%18%39%52%-3.1%49%61%58%56%
Other Income5917771,069494444461683567958715825986
Interest3,1963,2913,2013,2443,1522,9323,0153,1433,2803,5483,4223,335
Depreciation000000000000
Profit before tax-1,824-461-1,730-1,969-1,934-815-101-2,7173183212256
Tax %-33%5%1%1%-15%-52%-200%-105%-6,236%38%41%21%
Net Profit-1,218-486-1,750-1,985-1,650-393102145202113126202
EPS in Rs-35.18-14.04-50.55-57.35-26.08-6.211.612.291.470.820.921.47
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019TTM
Sales8,85610,25712,08815,81517,70519,01719,96120,16818,42217,38917,86819,208
Expenses1,8482,4183,0093,9314,7015,3646,1216,6599,13013,17011,5188,452
Operating Profit7,0097,8399,07911,88413,00413,65413,84013,5099,2924,2196,35010,756
OPM %79%76%75%75%73%72%69%67%50%24%36%56%
Other Income1,0761,2009601,2391,6551,9451,8411,7662,7662,7922,6693,484
Interest6,8607,3507,91011,59913,00413,89014,87714,79413,51312,88812,37013,585
Depreciation808692104123129169156682182800
Profit before tax1,1441,6042,0371,4201,5321,579635326-1,523-6,094-3,631654
Tax %22%29%26%20%13%28%22%52%-28%-4%-102%
Net Profit8901,1351,5031,1421,3281,139497156-1,094-5,87255642
EPS in Rs51.5039.1245.5138.0116.584.86-31.60-92.790.404.68
Dividend Payout %21%20%20%20%20%20%20%14%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%-1%-4%11%
Compounded Profit Growth-24%-46%-28%136%
Stock Price CAGR-10%%%%
Return on Equity0%-8%-16%0%
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Sep 2019
Equity Capital2512512922922923003003213466331,3701,370
Reserves7,1537,98710,80511,65112,48413,13113,48014,92013,77511,15417,53117,770
Borrowings101,341125,145144,693161,224183,577201,353210,555219,039233,932217,040246,765238,443
Other Liabilities3,8384,0485,5534,3684,3455,5196,1805,4885,0124,5176,2445,398
Total Liabilities112,583137,431161,343177,535200,697220,302230,514239,768253,065233,344271,910262,981
Fixed Assets1,3831,3821,3741,3991,2101,2241,3422,2472,3302,5182,5552,568
CWIP1122421173110252832340
Investments28,48935,78549,54552,10158,55561,47262,03966,23459,22969,90279,26877,836
Other Assets82,710100,252110,400124,013140,915157,575167,122171,262191,477160,892190,052182,577
Total Assets112,583137,431161,343177,535200,697220,302230,514239,768253,065233,344271,910262,981
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Cash from Operating Activity2,7892,1702,919
Cash from Investing Activity-77-126-116
Cash from Financing Activity-6-33-428
Net Cash Flow2,7062,0102,375
Free Cash Flow2,7122,0442,803
CFO/OP57%28%46%
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days-46144164-19-19-1257100143360163199
ROCE %8%8%7%7%8%8%8%7%7%5%3%4%
Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019
Promoters58.38%58.38%58.38%58.38%77.23%77.23%77.23%77.23%87.58%87.58%87.58%87.58%
FIIs5.99%5.96%8.23%8.27%4.38%4.12%3.98%4.18%1.92%2.12%2.21%2.12%
DIIs24.88%25.58%22.95%22.80%12.11%11.89%11.82%12.53%6.18%5.78%5.65%5.49%
Public10.75%10.08%10.44%10.55%6.28%6.76%6.97%6.06%4.32%4.52%4.56%4.81%
No. of Shareholders1,30,8551,28,2731,29,1821,25,0771,28,8461,30,1891,30,9881,27,7231,42,5041,43,4461,46,9551,49,523

Fundamentals

Market Cap₹ 5,954 Cr.
Current Price₹ 43.4
Stock P/E9.28
Book Value₹ 140
ROCE3.53 %
ROE0.35 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)136%
Standalone figures.
Valuation
Market capRs 5,954 Cr
Enterprise valueRs 241,524 Cr
P/E (TTM)9.28x
Price to book0.32x
Price to sales0.31x
EV / EBITDA16.63x
EV / EBIT16.96x
EV / sales12.57x
Earnings yield10.78%
P/E, 3-year average289.67x
P/B, 3-year average0.56x
P/E, 5-year average106.96x
P/B, 5-year average0.46x
Profitability
Operating margin (excl. other income)35.54%
Operating margin (incl. other income)50.48%
EBITDA margin75.59%
Pre-tax margin3.41%
Net profit margin3.34%
Net margin, latest quarter4.33%
ROE0.36%
ROCE3.53%
ROA0.02%
ROE, 3-year average-17.47%
ROCE, 3-year average3.79%
ROA, 3-year average-0.95%
ROE, 5-year average-9.54%
ROCE, 5-year average5.00%
ROA, 5-year average-0.51%
ROIC (approx.)-0.08%
Tax rate101.51%
Other income / net worth14.12%
Growth
Sales growth (latest year)2.75%
Sales CAGR, 3 years-3.96%
Sales CAGR, 5 years-1.24%
Profit CAGR, 3 years-29.37%
Profit CAGR, 5 years-45.46%
Sales growth QoQ-4.52%
Profit growth QoQ60.17%
Sales growth YoY (latest quarter)2.10%
Profit growth YoY (latest quarter)39.11%
Per share
EPS (TTM)Rs 4.68
EPS (latest year)Rs 0.40
EPS (latest quarter)Rs 1.47
EPS, 3-year averageRs -41.33
EPS, 5-year averageRs -20.51
Book value per shareRs 137.94
Sales per shareRs 140.18
Free cash flow per shareRs 20.46
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout, 5-year average17.16%
Efficiency
Asset turnover0.07x
Fixed asset turnover6.99x
Cash conversion cycle0 days
Working capital days199 days
Leverage
Total debtRs 246,765 Cr
Cash and bankRs 11,194 Cr
Net debtRs 235,571 Cr
Debt to equity13.06x
Net debt / EBITDA16.22x
Interest coverage1.05x
Owners' fund to total sources6.95%
Debt to assets90.75%
Cash flow
Free cash flow (latest year)Rs 2,803 Cr
FCFE (approx.: FCF + change in debt)Rs 32,528 Cr
Statement figures
Net sales (TTM)Rs 19,208 Cr
Net sales (latest year)Rs 17,868 Cr
Sales (latest quarter)Rs 4,657 Cr
Operating profit excl. other income (latest year)Rs 6,350 Cr
Operating profit (latest quarter)Rs 2,606 Cr
Other income (TTM)Rs 3,484 Cr
EBITDA (TTM)Rs 14,520 Cr
PBDT (TTM)Rs 935 Cr
Profit before tax (TTM)Rs 654 Cr
Tax (latest year)Rs -3,686 Cr
Net profit (TTM)Rs 642 Cr
Net profit (latest year)Rs 55 Cr
Net profit (latest quarter)Rs 202 Cr
Depreciation (TTM)Rs 280 Cr
Interest (TTM)Rs 13,585 Cr
Cost of goods sold (latest year)Rs 66 Cr
Total expenditure (latest year)Rs 11,518 Cr
Total income (latest year)Rs 20,537 Cr
Share capitalRs 1,370 Cr
ReservesRs 17,531 Cr
Shareholders' fundsRs 18,901 Cr
Total assetsRs 271,910 Cr
Net blockRs 2,555 Cr
Capital work in progressRs 34 Cr
InvestmentsRs 79,268 Cr
Other liabilitiesRs 6,244 Cr
Shares outstanding (crore)137.02
Ownership
Promoter holding87.58% (+10.35 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.31 is at the 2th percentile (median 0.98).
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.
PeriodORIENTBANKNifty 50Difference
1 week+2.4%-2.8% +5.1 pts
1 month+3.9%-6.8% +10.7 pts
3 months-18.0%-7.6% -10.4 pts
6 months-32.4%+0.4% -32.8 pts
1 year-55.3%-9.9% -45.4 pts
2 years-53.9%-13.6% -40.3 pts
3 years-67.8%+14.2% -82.0 pts
5 years-80.5%+27.9% -108.4 pts

Red flags

F-score 4 of 6
seriousLow interest cover Interest cover 0.7x in 2019
explainShare dilution Share count up 117% in a year, 326% in three
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

Dec 2019
Sales ₹4,657 Cr +2.1% vs Dec 2018. Net profit ₹202 Cr +39.3%.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2019-06-20 Annual General Meeting
2018-06-21 Annual General Meeting
2017-06-21 Annual General Meeting
2016-06-15 Annual General Meeting/Dividend Re 0.70 Per Share
2015-06-10Annual General Meeting/ Dividend - Rs 3.30/- Per Share
2014-06-10Annual General Meeting And Dividend Rs.3.60 Per Share
2014-01-21Interim Dividend - Rs 4/- Per Share
2013-06-06Annual General Meeting And Dividend Rs.9.20 Per Share
2012-06-04Annual General Meeting And Dividend - Rs.7.90 Per Share
2011-08-12Extr-Ordinary General Meeting
2011-06-14Annual General Meeting And Dividend Rs.10.40 Per Share
2010-06-14Annual General Meeting And Dividend Rs.9.10 Per Share
2009-06-16Agm/Dividend - 73%
2008-08-13Egm
2008-06-09Agm/Dividend-47%
2007-06-06Agm/Dividend-27%
2007-03-07Interim Dividend-20%
2006-06-01Agm/Dividend-45%
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 Oriental Bank of Commerce(Merged?

Oriental Bank of Commerce(Merged (ORIENTBANK) has a market capitalisation of Rs 5,954 Cr. at the 2020-03-20 close.

What is the P/E ratio of Oriental Bank of Commerce(Merged?

Oriental Bank of Commerce(Merged trades at a P/E of 9.28 on trailing twelve-month profit, at the 2020-03-20 close.

What were Oriental Bank of Commerce(Merged's latest quarterly results?

In the Dec 2019 quarter, Oriental Bank of Commerce(Merged sales was Rs 4,657 Cr (+2.1% vs Dec 2018) and net profit was Rs 202 Cr.

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