Demerger Spin Off Value Unlock
Expected: ImmediateHIGH confidence
What: Cash balance: INR 145 Cr
Impact: High liquidity
Oricon Enterprises Ltd: Stock Analysis & Fundamentals
Data from 4w agoOricon Enterprises Ltd (Packaging & Containers) — fundamental analysis, earnings data, and key metrics. PE: 35.9. ROE: 11.2%. This stock is not currently in the Nifty 500 momentum outperformers list.
Oricon Enterprises Ltd Key Facts
What's Happening
👔Promoter stake down 1.3% this quarter
🏛️DII reducing — stake down 1.3%
Earnings Acceleration Triggers
1. Demerger Spin Off Value Unlock
ImmediateHIGH
2. Value Added Product Mix Shift
FY26MEDIUM
Key Risks
1. Volatility in polymer and aluminum prices directly impacts input costs for closu
HIGH2. Increasing environmental regulations on single-use plastics and packaging waste
MEDIUMSector-Specific Signals
Capacity Utilisation (Closures)68%-500 bps
Raw Material Cost to Sales62.4%+320 bps
Inventory Days74 days+8 days
Key Numbers
Current Price
₹68
Dividend Yield
0.74%
Market Cap
1.1K Cr
Valuation
N/AWhy Are Oricon Enterprises Ltd's Earnings Accelerating?
Based on Q3 FY26 (web) earnings • Updated Apr 18, 2026
Value Added Product Mix Shift
Expected: FY26MEDIUM confidence
What: Plastic Closures Revenue Share: 45%
Impact: 200 bps margin expansion
What Are the Key Risks for Oricon Enterprises Ltd?
Earnings deceleration risks from management commentary
Volatility in polymer and aluminum prices directly impacts input costs for closu
HIGHTrigger: Volatility in polymer and aluminum prices directly impacts input costs for closures.
Impact: PAT impact: 8-10%
Management view: Implementing price escalation clauses in long-term contracts.
Monitor: commodity
Increasing environmental regulations on single-use plastics and packaging waste
MEDIUMTrigger: Increasing environmental regulations on single-use plastics and packaging waste.
Impact: PAT impact: 5%
Management view: Investing in R&D for recyclable and biodegradable packaging solutions.
Monitor: regulatory
What Did Oricon Enterprises Ltd Report This Quarter?
Headline numbers from the latest earnings call
Revenue
INR 114.71 Cr
YoY -23.4%QoQ -13.2%
Revenue declined significantly due to the divestment of the United Spirits packaging business and lower demand in the closures segment.
EBITDA
INR 12.04 Cr
YoY -41.2%Margin 10.5%
Margins were compressed by higher raw material costs and under-absorption of fixed costs following the business sale.
PAT
INR 6.82 Cr
YoY -52.5%QoQ -18.4%
Profitability was impacted by the absence of earnings from the divested unit and increased interest expenses.
Other Highlights
• Debt-to-equity ratio improved to 0.12x following debt repayment from sale proceeds.
• Cash and cash equivalents stood at INR 145 Cr as of December 31, 2024.
• The company completed the sale of its unit in Maharashtra to United Spirits Limited.
What Sector Metrics Matter for Oricon Enterprises Ltd?
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Capacity Utilisation (Closures)
68%
YoY -500 bpsQoQ -200 bps
Why: Lower demand from key alcobev customers post-divestment transition.
Raw Material Cost to Sales
62.4%
YoY +320 bpsQoQ +110 bps
Why: Increase in aluminum and polymer prices during the quarter.
Inventory Days
74 days
YoY +8 daysQoQ +3 days
Why: Stockpiling of raw materials to hedge against price volatility.
What Is Oricon Enterprises Ltd's Management Guidance?
Forward-looking targets from management for FY26
OPM Guidance
12.5%
Capex Plan
₹45 Cr
Revenue Outlook
Targeting growth through expansion in the plastic closures and real estate segments.
Margin Outlook
Expect margins to stabilize as capacity utilization improves at the Murbad plant.
Capex Plan
INR 45 Cr
Expansion of plastic closures capacity and maintenance capex.
Management Tone: CAUTIOUS
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
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Frequently Asked Questions: Oricon Enterprises Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Oricon Enterprises Ltd's latest quarterly results?
Oricon Enterprises Ltd's latest quarterly results (Dec 2025) show
- PAT Growth YoY: +175.9%
- Revenue Growth YoY: -27.2%
- Operating Margin: -41.2%
What is Oricon Enterprises Ltd's current PE ratio?
Oricon Enterprises Ltd's current PE ratio is 35.9x.
- Current PE: 35.9x
- Market Cap: 1.1K Cr
- Dividend Yield: 0.74%
What is Oricon Enterprises Ltd's price-to-book ratio?
Oricon Enterprises Ltd's price-to-book ratio is 0.8x.
- Price-to-Book (P/B): 0.8x
- Book Value per Share: ₹81
- Current Price: ₹68
Is Oricon Enterprises Ltd a fundamentally strong company?
Oricon Enterprises Ltd's fundamental strength based on key financial ratios
- Return on Capital (ROCE): 0.0%
Is Oricon Enterprises Ltd debt free?
Oricon Enterprises Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹11 Cr
What is Oricon Enterprises Ltd's return on equity (ROE) and ROCE?
Oricon Enterprises Ltd's return ratios over recent years
- FY2023: ROCE -2.0%
- FY2024: ROCE -1.0%
- FY2025: ROCE 0.0%
Is Oricon Enterprises Ltd's cash flow positive?
Oricon Enterprises Ltd's operating cash flow is negative (FY2025).
- Cash from Operations (CFO): ₹-32 Cr
- Free Cash Flow (FCF): ₹128 Cr
- CFO/PAT Ratio: -23% (weak cash conversion)
What is Oricon Enterprises Ltd's dividend yield?
Oricon Enterprises Ltd's current dividend yield is 0.74%.
- Dividend Yield: 0.74%
- Current Price: ₹68
Who holds Oricon Enterprises Ltd shares — promoters, FII, DII?
Oricon Enterprises Ltd's shareholding pattern (Mar 2026)
- Promoters: 65.7%
- FII (Foreign): 0.1%
- DII (Domestic): 0.3%
- Public: 33.9%
Is promoter holding increasing or decreasing in Oricon Enterprises Ltd?
Oricon Enterprises Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 65.7% (Mar 2026)
- Previous Quarter: 65.7% (Dec 2025)
- Change: 0.00% (stable)
Is Oricon Enterprises Ltd a new momentum entry or an established outperformer?
Oricon Enterprises Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
What are the growth catalysts for Oricon Enterprises Ltd?
Oricon Enterprises Ltd has 2 key growth catalysts identified from recent earnings analysis
- Demerger Spin Off Value Unlock — The divestment provides a clean balance sheet and capital for new growth engines.
- Value Added Product Mix Shift — Higher margin products will replace lower margin bulk packaging revenue.
What are the key risks in Oricon Enterprises Ltd?
Oricon Enterprises Ltd has 2 key risks worth monitoring
- [HIGH] Volatility in polymer and aluminum prices directly impacts input costs for closu — Volatility in polymer and aluminum prices directly impacts input costs for closures.
- [MEDIUM] Increasing environmental regulations on single-use plastics and packaging waste — Increasing environmental regulations on single-use plastics and packaging waste.
What is Oricon Enterprises Ltd's management guidance for growth?
Oricon Enterprises Ltd's management has provided the following forward guidance for FY26
- Revenue outlook: Targeting growth through expansion in the plastic closures and real estate segments.
- OPM guidance: 12.5%
- Capex plan: ₹45 Cr for Expansion of plastic closures capacity and maintenance capex.
- Management tone: cautious
What sector-specific metrics matter most for Oricon Enterprises Ltd?
Oricon Enterprises Ltd's most important sub-sector-specific KPIs from the latest concall
- Capacity Utilisation (Closures): 68% (YoY -500 bps) (QoQ -200 bps) — Lower demand from key alcobev customers post-divestment transition.
- Raw Material Cost to Sales: 62.4% (YoY +320 bps) (QoQ +110 bps) — Increase in aluminum and polymer prices during the quarter.
- Inventory Days: 74 days (YoY +8 days) (QoQ +3 days) — Stockpiling of raw materials to hedge against price volatility.
Is Oricon Enterprises Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Oricon Enterprises Ltd may be worth studying
- Currently showing mixed signals — monitor for clearer trend confirmation
What is the investment thesis for Oricon Enterprises Ltd?
Oricon Enterprises Ltd investment thesis summary:
Research Signals (Bull Case)
- Growth catalyst: Demerger Spin Off Value Unlock
Risk Factors (Bear Case)
- Key risk: Volatility in polymer and aluminum prices directly impacts input costs for closu
What is the future outlook for Oricon Enterprises Ltd?
Oricon Enterprises Ltd's forward outlook based on current data signals
- Key Catalyst: Demerger Spin Off Value Unlock
- Key Risk: Volatility in polymer and aluminum prices directly impacts input costs for closu
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.