Oriental Carbon & Chemicals Limited

Oriental Carbon & Chemicals Limited

OCCL.NS
Oriental Carbon & Chemicals LimitedIN flagNational Stock Exchange of India
233.34
INR
+0.45
- -
2.33BMarket Cap
Oriental Carbon & Chemicals Limited
OCCL.NS
(National Stock Exchange of India)

Recent

price

233.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
122.09
153.69
211.56
279.11
321.31
336.7
301.96
322.01
358.24
422.33
387.18
381.13
444.14
536.13
84.4
104.64
107.02
Revenue per Share
28.61
36.3
30.55
26.84
39.32
46.9
48.1
49.76
55.19
73.45
73.21
79.08
43.11
48.69
49.53
10.48
6.12
Basic EPS, GAAP
14.79
-22.52
-42.03
7.4
28.17
50.34
16.55
10.6
30.69
68.9
64.24
6.61
6.37
82.69
76.3
2.4
- -
Free Cash Flow per Basic Share
4
3.5
4
5
5
8
8.5
8.5
10
11.07
12
10
17
14
14.18
7.65
- -
Dividend per Share
10.01
10.01
10.01
111.3
137.58
174.27
220.03
259.56
302.71
364.5
430.66
501.99
531.36
564.42
609.42
242.49
- -
Book Value per Share
90.11
121.68
145.42
185.5
216.72
250.02
294.91
334.02
377.8
408.13
475.69
548.39
579.24
625.32
664.16
295.26
- -
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
1,257
1,582
2,178
2,874
3,308
3,467
3,109
3,315
3,688
4,320
3,868
3,808
4,437
5,356
843
1,045
1,068
Sales/Revenue/Turnover
29.19
-5.71
24.24
16.44
17.79
15.6
20.14
21.71
23.99
25.01
22.48
27.75
14.67
16.04
18.13
8.98
9.6
Operating Margin (%)
47
50
71
121
129
164
203
169
182
203
214
221
242
294
32
39
41
Depreciation Expense
295
374
315
276
405
483
495
512
568
751
731
790
431
486
495
105
61
Net Income, GAAP
14.05
15.13
29.31
26.26
19.19
17.82
21.19
28.88
28.7
27.59
9.48
17.34
27.05
23.87
11.44
48.76
26.15
Effective Tax Rate (%)
23.43
23.62
14.44
9.61
12.24
13.93
15.93
15.45
15.41
17.39
18.91
20.75
9.71
9.08
58.69
10.02
5.72
Profit Margin (%)
445
610
408
457
531
633
543
837
970
1,366
1,800
1,872
1,332
1,598
4,748
1,080
- -
Working Capital
186
7
811
818
663
441
214
636
687
717
1,021
1,187
1,003
794
3
12
- -
LT Debt
928
1,253
1,507
1,925
2,245
2,588
3,048
3,447
3,898
4,182
4,758
5,484
5,792
6,255
6,640
2,956
- -
Total Equity
31.19
-6.46
20.87
12.98
15.19
13.39
13.25
11.95
13.08
14.76
13.34
12.81
6.32
8.39
1.86
1
- -
Return on Invested Capital (%)
102.02
200.7
72.93
16.29
20.25
22.16
18.64
15.69
14.98
16.32
14.23
12.25
5.96
6.88
6.64
1.81
25.89
Return on Capital (%)
285.68
362.51
305.08
44.24
31.6
30.08
24.4
20.75
19.63
21.95
18.21
16.96
8.34
8.89
8.44
2.46
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
18
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
12
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
10
- -
Market Capitalization
2,236
1,577
2,372

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
1,261
- -
Cash, Cash Equivalents & STI
- -
957
- -
Accounts Receivable, Net
- -
56
- -
Inventories
- -
141
- -
Total Current Liabilities
- -
181
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
18
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.45%
-4.09%
-55.48%
Free Cash Flow
120.07%
200.05%
-96.86%
Net Income, GAAP
-5.52%
-20.33%
-78.84%
Sales/Revenue/Turnover
-1.04%
-4.92%
23.99%
Total Cash Common Dividend
- -
-1.82%
-46.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
191
201
182
1,238
843
2025
187
321
296
241
1,045
2026
209
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.31
10.08
6.8
- -
49.53
2025
7.79
0.2
1.86
- -
10.48
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
14.18
2025
- -
- -
- -
- -
7.65
2026
- -
- -
- -
- -
- -
Business
Oriental Carbon & Chemicals Limited (OCCL.NS), now operating as OCCL Limited and part of AG Ventures Limited following a corporate spin-off and name change approved by the Ministry of Corporate Affairs in June 2025, manufactures insoluble sulphur, a key vulcanizing agent for the tyre and rubber industries; it also produces sulphuric acid, oleum, single super phosphate, sodium silico fluoride and stabilised liquid sulphur. The company offers customized and value-added grades of insoluble sulphur tailored to the requirements of major global tyre manufacturers, leveraging over 25 years of production expertise with technology from partners like Sanshin Chemical Industry Co., Japan. Founded in 1978 as Dharuhera Chemicals Limited and headquartered in Noida, Uttar Pradesh, India, with manufacturing facilities in Dharuhera, Haryana, and Mundra, Gujarat, OCCL serves customers across more than 21 countries, deriving approximately 80% of revenues from repeat business and holding about 60% share of the Indian market. OCCL focuses on the chemicals segment of the materials industry, targeting tyre manufacturers, rubber processors and related sectors with high-performance, import-substitute products that enhance tyre durability and quality. In recent developments, the company completed a spin-off of its operations into OCCL Limited in July 2024, with a record date of July 1, 2024, and a distribution ratio of five OCCL Limited shares for every one share of Oriental Carbon & Chemicals; this followed approvals from the National Company Law Appellate Tribunal in May 2024. OCCL reported net profit of Rs. 8.69 crore for Q2 FY26 ended September 30, 2025, reflecting ongoing operational performance amid tyre industry demand. The company maintains a history of capacity expansions, including brownfield additions at Mundra in 2016-2017 and prior phases since 2005, supporting sustained growth in insoluble sulphur output.