The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Oriental Aromatics Ltd is an India-based company, which is an integrated manufacturer of flavors, fragrance as well as specialty aroma chemicals. The Company operates through Fine Chemicals segment. Its products include fragrance, flavor, aroma chemicals, and camphor. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
Oriental Aromatics is scored on the general / industrial framework. It keeps a thin 0.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.73×) — worth a closer look. Free cash flow is worth about -0.6% of its market value.
Over the last 3 years revenue compounded at 7%/yr and profit at -45%/yr. Book value has been broadly flat (2.1%/yr). Return on equity is a weak 1.6%. In the latest quarter profit fell 37% versus the prior quarter.
At 498× earnings, the stock sits at the 100th percentile of its own 3.4-year range — the expensive end of where it has historically traded. Today's price already implies ~38%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 89% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 160.42 | — | — |
| P/B | 2.48 | 2.69 | better |
| EV/EBITDA | 26.54 | 10.45 | worse |
| ROE | 1.55 | — | — |
| ROCE | 4.89 | — | — |
| ROA | 0.8 | — | — |
| Quick Ratio | 0.73 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
7% CAGR — growing but slowly.
Revenue is outpacing profit (7% vs -45%) — costs are rising faster than the top line. The latest year saw a -90% swing — check if it's a one-off or structural.
Operating margin has compressed from 3% to 1% — costs or competition are eating into profitability.
ROE at 1% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -45% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 9% QoQ — could be seasonality or a genuine slowdown.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 37% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.4y median.
Promoters hold 74.2% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.