Oceanic Foods

Who are in the management team of Oceanic Foods?

As of March 2020, the management team of Oceanic Foods includes Ajesh Vinodrai Patel (Chairman & Wholetime Director), Tulan V Patel (Managing Director & CEO), and several independent directors: Nitesh Chandrakant Kotecha, Vaidehi Jagdish Majithia, and Rashmikant Dhirajlal Makwana, along with Company Secretary Krishna Subhashbhai Adhyaru and Additional Director Mazhar Shaikh.

As of March 2020, the management team of Oceanic Foods includes:<BR><BR>1. Ajesh Vinodrai Patel - Chairman & Wholetime Director<BR>2. Nitesh Chandrakant Kotecha - Independent Director<BR>3. Vaidehi Jagdish Majithia - Independent Director<BR>4. Rashmikant Dhirajlal Makwana - Independent Director<BR>5. Krishna Subhashbhai Adhyaru - Company Secretary<BR>6. Tulan V Patel - Managing Director & CEO<BR>7. Mazhar Shaikh - Additional Director<BR><BR>These individuals play key roles in the governance and management of the company.

What does Oceanic Foods do?

Oceanic Foods Ltd is a micro-cap company in the FMCG sector, incorporated in 1994, with recent quarterly net sales of 43 Cr and a net profit of 2 Cr as of March 2025. The company has a market cap of Rs 57 Cr and key financial metrics include a P/E ratio of 11.00 and a return on equity of 12.80%.

Overview: <BR>Oceanic Foods Ltd operates in the Fast-Moving Consumer Goods (FMCG) sector and is categorized as a micro-cap company.<BR><BR>History: <BR>Oceanic Foods Limited was incorporated in 1994 as "Gujarat Oceanic Foods Private Limited" and later changed its name to "Oceanic Foods Private Limited" on January 18, 1994. The company was converted into a public limited entity and rebranded as "Oceanic Foods Limited" on August 22, 2016. The most recent quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 43 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 57 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 54 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.86 <BR>Return on Equity: 12.80% <BR>Price to Book: 1.46 <BR><BR>Contact Details: <BR>Address: Opp Brooke Bond Factory, PN Marg Jamnagar Gujarat : 361002 <BR>Tel: 91-0288-2757366/77 <BR>Email: accounts@oceanicfoods.com <BR>Website: http://www.oceanicfoods.com

What is the bonus history of the Oceanic Foods?

Oceanic Foods issued a 2:1 bonus on June 27, 2019, with a record date of June 28, 2019, meaning shareholders received one additional share for each share held on that date.

Oceanic Foods has a bonus history that includes a 2:1 bonus issue announced on June 27, 2019. The record date for this bonus was June 28, 2019. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about Oceanic Foods or need further details, feel free to ask!

Has Oceanic Foods declared dividend?

Yes, Oceanic Foods Ltd has declared a 1% dividend, amounting to 0.1 per share, but the dividend yield is 0%. Total returns have varied significantly, with a notable 117.4% return over two years, while other periods showed mixed or negative performance.

Oceanic Foods Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -0.31%, the dividend return was 0%, resulting in a total return of -0.31%.<BR><BR>For the 1 year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>Over the 2 years period, the price return was 117.4%, the dividend return was 0%, which resulted in a total return of 117.4%.<BR><BR>In the 3 years period, the price return was 2.3%, the dividend return was 0%, culminating in a total return of 2.3%.<BR><BR>For the 4 years period, the price return was -13.92%, the dividend return was 0%, resulting in a total return of -13.92%.<BR><BR>In the 5 years period, the price return was 25.9%, the dividend return was 0%, leading to a total return of 25.9%.<BR><BR>Overall, while Oceanic Foods has declared a dividend, the dividend yield remains at 0%. The total returns show significant variability, with a strong performance over two years but negative returns in other periods, indicating mixed financial performance.

Who are the peers of the Oceanic Foods?

Oceanic Foods' peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, NHC Foods, Norben Tea, Italian, and Walpar Nutrition, with varying management risks and growth rates. Norben Tea has the highest 1-year return at 225.68%, while NHC Foods has the lowest at -32.76%.

Peers: The peers of Oceanic Foods are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, NHC Foods, Norben Tea, Italian, and Walpar Nutrition.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, and Britannia Inds., while Good management risk is found at Hind. Unilever and Godrej Consumer, and the rest. Below Average management risk is seen at NHC Foods, Norben Tea, and Walpar Nutrition, while Average management risk is present at Italian. Growth is Good for NHC Foods and Walpar Nutrition, while Average growth is noted at Nestle India, and the rest show Below Average growth. Capital Structure is Excellent for Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, while Oceanic Foods, NHC Foods, Norben Tea, Italian, and Walpar Nutrition have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Norben Tea at 225.68%, while NHC Foods has the lowest at -32.76%. Oceanic Foods does not have a 1-year return available for comparison. Additionally, NHC Foods and Walpar Nutrition have negative six-month returns.

What is the technical trend for Oceanic Foods?

As of May 16, 2025, Oceanic Foods shows a mildly bullish trend supported by bullish MACD and KST indicators, despite some short-term weakness indicated by the RSI and moving averages.

As of 16 May 2025, the technical trend for Oceanic Foods has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift in sentiment, while the monthly MACD also confirms this bullish stance. However, the weekly RSI is bearish, indicating some short-term weakness. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting a potential for upward movement. Moving averages on the daily chart remain mildly bearish, which could be a concern for short-term traders. The KST is mildly bullish weekly and bullish monthly, reinforcing the overall positive outlook. Dow Theory shows a mildly bullish trend on the weekly chart, but no clear trend on the monthly. Overall, the current stance is mildly bullish, driven primarily by the bullish MACD and KST indicators, despite some mixed signals from the RSI and moving averages.

Who are the top shareholders of the Oceanic Foods?

The top shareholder of Oceanic Foods is Ajesh V. Patel, holding 74.07%, followed by Ritaben Chandrakant Sadaria with 3.23%. Individual investors collectively own 24.45%, with no holdings from mutual funds or foreign institutional investors.

The top shareholders of Oceanic Foods include Ajesh V. Patel, who is the promoter with the highest holding at 74.07%. The next significant public shareholder is Ritaben Chandrakant Sadaria, holding 3.23%. Additionally, individual investors collectively hold 24.45% of the shares. There are currently no holdings by mutual funds or foreign institutional investors.

How big is Oceanic Foods?

As of 24th July, Oceanic Foods Ltd has a market capitalization of 66.00 Cr, with recent net sales of 142.35 Cr and a net profit of 4.95 Cr. The latest balance sheet shows shareholder's funds of 33.77 Cr and total assets of 66.33 Cr.

As of 24th July, Oceanic Foods Ltd has a market capitalization of 66.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Oceanic Foods reported Net Sales of 142.35 Cr and a Net Profit of 4.95 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 33.77 Cr and Total Assets of 66.33 Cr.

When is the next results date for Oceanic Foods?

The next results date for Oceanic Foods is 11 August 2025.

The next results date for Oceanic Foods is scheduled for 11 August 2025.

Is Oceanic Foods overvalued or undervalued?

As of September 23, 2025, Oceanic Foods is considered very attractive and undervalued with a PE ratio of 14.84, strong performance with a 48.37% year-to-date return, and significantly lower PE compared to peers like Hindustan Unilever and Nestle India, making it a compelling investment opportunity in the FMCG sector.

As of 23 September 2025, the valuation grade for Oceanic Foods has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 14.84, an EV to EBITDA of 9.76, and a ROE of 14.25%. In comparison to its peers, Oceanic Foods stands out with a significantly lower PE ratio than Hindustan Unilever, which has a PE of 55.64, and Nestle India, which has a PE of 74.77, reinforcing the notion of its undervaluation.<BR><BR>The company's performance has been impressive, with a year-to-date return of 48.37%, significantly outperforming the Sensex's return of 5.07% over the same period. This strong performance, combined with its favorable valuation metrics, suggests that Oceanic Foods is well-positioned in the FMCG sector, making it an attractive investment opportunity.

Are Oceanic Foods latest results good or bad?

Oceanic Foods' latest results show record sales and profits, with a 34.90% year-on-year revenue growth. However, concerns about low operating margins and negative cash flow suggest caution for investors regarding the sustainability of this growth.

Oceanic Foods' latest results present a mixed picture. On one hand, the company achieved record quarterly sales of ₹44.87 crores in Q2 FY26, marking a significant milestone with a net profit of ₹1.65 crores, which is the highest quarterly profit to date. This reflects a strong revenue growth trajectory, with a year-on-year increase of 34.90% for FY25.<BR><BR>However, the profitability metrics reveal some concerns. The operating margin of 8.06% is below the company's historical average, indicating increasing cost pressures. Additionally, the profit after tax (PAT) margin of 3.83% is considered thin, suggesting limited profitability relative to sales. <BR><BR>Furthermore, the company has faced challenges with cash flow, reporting negative operating cash flow of ₹8.00 crores in FY25, primarily due to significant working capital outflows. This raises questions about the sustainability of its growth, as the company has been relying on debt to fund operations.<BR><BR>In summary, while Oceanic Foods has demonstrated impressive revenue growth and achieved record sales and profits, the underlying operational efficiency and cash flow challenges indicate that the results are not entirely positive. Investors should approach with caution, weighing the strong growth against the profitability and cash flow concerns.

Should I buy, sell or hold Oceanic Foods?

How has been the historical performance of Oceanic Foods?

Oceanic Foods has shown consistent growth in net sales and profitability, with net sales increasing from 85.70 Cr in Mar'23 to 142.36 Cr in Mar'25, and profit after tax rising to 4.95 Cr from 3.02 Cr in the same period. However, rising raw material costs and negative cash flow from operating activities indicate challenges despite overall financial growth.

Answer:<BR>The historical performance of Oceanic Foods shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Oceanic Foods has demonstrated significant growth in net sales, increasing from 85.70 Cr in Mar'23 to 142.36 Cr in Mar'25. Other operating income also rose, reaching 4.74 Cr in Mar'25 from 3.23 Cr in Mar'23. Total operating income followed this upward trend, climbing to 147.10 Cr in Mar'25 from 88.93 Cr in Mar'23. However, raw material costs surged to 119.40 Cr in Mar'25, up from 63.32 Cr in Mar'23, impacting the overall expenditure, which increased to 136.63 Cr in Mar'25 from 83.25 Cr in Mar'23. Despite these rising costs, operating profit (PBDIT) improved to 10.56 Cr in Mar'25 from 5.80 Cr in Mar'23, indicating enhanced operational efficiency. Profit before tax also increased to 6.35 Cr in Mar'25 from 4.14 Cr in Mar'23, leading to a profit after tax of 4.95 Cr in Mar'25, up from 3.02 Cr in Mar'23. The earnings per share (EPS) rose to 4.4 in Mar'25 from 2.68 in Mar'23, reflecting strong profitability growth. On the balance sheet, total assets grew to 90.76 Cr in Mar'25 from 41.81 Cr in Mar'23, while total liabilities increased to 90.76 Cr from 41.81 Cr, indicating a significant expansion in the company's financial base. Cash flow from operating activities showed a negative trend, with a cash outflow of 8.00 Cr in Mar'25 compared to a positive inflow of 16.00 Cr in Mar'23, highlighting challenges in cash generation despite overall profitability.

Why is Oceanic Foods Ltd falling/rising?

As of 18-Jan, Oceanic Foods Ltd's stock price is rising, currently at 68.37, with a 5.54% gain over the last two days. Strong financial results and attractive valuation metrics support this upward trend, despite a recent decline in investor participation.

As of 18-Jan, Oceanic Foods Ltd's stock price is rising, as indicated by a slight increase of 0.01 (0.01%) to a current price of 68.37. The stock has shown a positive performance trend, gaining 5.54% over the last two days. This upward movement is supported by the company's strong financial results, having declared positive results for the last nine consecutive quarters, including record high figures in PBDIT, PBT, and net sales.<BR><BR>Additionally, the stock has outperformed the benchmark Sensex over various periods, notably generating a return of 46.25% over the past year, compared to the Sensex's 8.47%. The stock's long-term performance is also impressive, with a 115% increase over three years, significantly surpassing the benchmark's 39.07% gain. Despite a recent decline in investor participation, as evidenced by a 55.31% drop in delivery volume, the stock remains liquid enough for trading.<BR><BR>The company's attractive valuation, with a return on capital employed (ROCE) of 15.2 and a PEG ratio of 0.2, suggests that it is trading at a discount compared to its peers. This combination of strong financial performance, attractive valuation, and historical outperformance contributes to the stock's rising price.

Which are the latest news on Oceanic Foods?