Dashboard
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 9.28% and Operating profit at -17.81% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 13.42% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 9.28% and Operating profit at -17.81% over the last 5 years
3
With ROE of -5.30%, it has a Very Expensive valuation with a 0.82 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
10.77%
0%
10.77%
6 Months
44.14%
0%
44.14%
1 Year
58.12%
0%
58.12%
2 Years
61.47%
0%
61.47%
3 Years
34.88%
0%
34.88%
4 Years
16.19%
0%
16.19%
5 Years
72.21%
0%
72.21%
Oil Refineries Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
9.28%
EBIT Growth (5y)
-17.81%
EBIT to Interest (avg)
3.12
Debt to EBITDA (avg)
3.29
Net Debt to Equity (avg)
0.34
Sales to Capital Employed (avg)
2.51
Tax Ratio
31.29%
Dividend Payout Ratio
64.73%
Pledged Shares
0
Institutional Holding
0.10%
ROCE (avg)
15.12%
ROE (avg)
13.42%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.82
EV to EBIT
57.19
EV to EBITDA
8.31
EV to Capital Employed
0.87
EV to Sales
0.33
PEG Ratio
NA
Dividend Yield
0.72%
ROCE (Latest)
1.52%
ROE (Latest)
-5.30%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
Shareholding Snapshot : Sep 2019
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.1%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
6,054.10
5,301.00
14.21%
Operating Profit (PBDIT) excl Other Income
233.90
426.00
-45.09%
Interest
84.20
120.30
-30.01%
Exceptional Items
43.70
120.30
-63.67%
Consolidate Net Profit
-25.00
224.40
-111.14%
Operating Profit Margin (Excl OI)
11.30%
49.70%
-3.84%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is 14.21% vs 33.39% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -111.14% vs 45.05% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
20,146.90
27,918.00
-27.84%
Operating Profit (PBDIT) excl Other Income
676.00
1,469.60
-54.00%
Interest
365.60
403.50
-9.39%
Exceptional Items
562.20
59.20
849.66%
Consolidate Net Profit
162.10
418.30
-61.25%
Operating Profit Margin (Excl OI)
-1.70%
28.50%
-3.02%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is -27.84% vs -9.06% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -61.25% vs -72.22% in Dec 2024






