Organic Coatings Limited

Organic Coatings Limited

BBSE:ORGCOAT
25.90
INR
+1.23
(+4.99%)
-2.77EPS
233.90MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
54.43
59.38
53.02
39.02
48.32
46.31
35.47
18.02
28.41
28.52
30.49
26.89
26.53
32.27
Basic EPS, GAAP
5.46
-1.46
-1.58
0.17
0.04
-1.34
-0.67
-2.8
-2.61
-1.24
-0.62
-2.11
-3.27
-2.77
Free Cash Flow per Basic Share
-3.32
9.66
4.57
-0.23
2.51
0.59
-0.99
-1.69
1.76
1.97
3.33
0.04
-0.84
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11.18
9.73
10.6
10.75
10.81
9.44
8.79
6.01
3.42
2.2
1.55
3.3
0.02
- -
Tangible Book Value per Share
11.06
9.66
10.55
10.71
10.76
9.41
8.78
6
3.41
2.19
1.55
3.3
0.02
- -
Basic Weighted Avg Shares
8
8
8
8
8
8
8
8
8
8
8
10
10
10
Sales/Revenue/Turnover
418
456
407
299
371
355
272
138
218
219
234
268
265
322
Operating Margin (%)
-7.73
1.31
0.63
3.96
2.46
-0.32
1.71
-5.9
-2.8
1.9
3.89
-3.7
-9.28
-6.73
Depreciation Expense
16
14
14
13
13
13
13
13
11
10
9
9
9
9
Net Income, GAAP
42
-11
-12
1
- -
-10
-5
-22
-20
-10
-5
-21
-33
-28
Effective Tax Rate (%)
0.02
- -
- -
0.67
24.28
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
10.04
-2.47
-2.98
0.44
0.08
-2.89
-1.88
-15.56
-9.18
-4.34
-2.02
-7.84
-12.31
-8.58
Working Capital
-8
-26
-16
-42
-21
-9
-21
6
-12
-12
-20
-11
-50
- -
LT Debt
70
54
33
13
19
30
48
81
68
67
57
44
33
- -
Total Equity
86
75
81
83
83
72
67
46
26
17
12
33
- -
- -
Return on Invested Capital (%)
-31.48
- -
- -
0.71
4.41
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
26.54
- -
- -
7.3
4.54
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
64.18
-14.01
-15.54
1.6
0.35
-13.22
-7.33
-37.88
-55.31
-44.1
-32.92
-93.76
-196.61
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
69
- -
LT Borrowings
- -
33
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
265
200
234

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
147
- -
Cash, Cash Equivalents & STI
- -
11
- -
Accounts Receivable, Net
- -
81
- -
Inventories
- -
53
- -
Total Current Liabilities
- -
198
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
69
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.05%
-6.27%
-99.31%
Free Cash Flow
-402.65%
-488.63%
-2,221.32%
Net Income, GAAP
-325.61%
57.87%
55.01%
Sales/Revenue/Turnover
-0.11%
15.65%
-1.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
131
62
34
64
268
2026
71
55
59
96
265
2027
112
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.33
-0.91
-0.89
-0.78
-2.11
2026
-0.86
-0.6
-0.96
-0.85
-3.27
2027
-0.36
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Abhay Rajnikant Shah
Full Time Employees
67
Sector
Process industries
Industry
Industrial specialties
Address
Atlanta Estate Premises Co-op Soc. Ltd. Mumbai MA India 400063
IPO Date
Jul 31, 1995
Business
Organic Coatings Limited (ORGCOAT.BO), founded in 1965 and headquartered in Mumbai, India, manufactures, sells, and trades printing inks and allied products primarily for the graphic arts, printing, and surface coatings sectors. The company offers offset inks including Hexachrome, Rich Green, Monarch, Dry Rich, Superstar, and Polytuff; ultraviolet (UV) inks for dry offset, flexo, wet offset sheetfed and web, and silk screen applications; water-based flexo inks; print finishes applied via roller coater, dampening roller, ink duct, and flexo; security inks such as fugitive inks, invisible inks, magic inks, alkali sensitive ink, penetrating black, coin reactive ink, and pen reactive ink; and specialty inks encompassing matt process colors, cold carbonizing inks in red and black, carbonless black ink, and fluorescent inks. Organic Coatings operates manufacturing facilities in Mumbai and Vadodara, Gujarat, with distribution networks across India and exports to the United States, North and South America, CIS countries, the Middle East, and Africa. Recent developments include the approval of unaudited Q2 and H1 fiscal 2025 results as of September 30, 2025, alongside the appointment of two new directors, and ongoing investments in production capacity such as a Rs 3-crore Cobra mill in Mumbai boosting output by 250 tons per month and a Rs 2.5-crore 100,000 sq. ft. facility in Padra, Vadodara, to support backward integration in pigments, flushes, resins, and varnishes. The company maintains active status as a public listed Indian non-government entity, with its latest annual general meeting held on September 30, 2024, and balance sheet filed as of March 31, 2024.