Organic Coatings

Why is Organic Coatings Ltd falling/rising?

As of 04-Aug, Organic Coatings Ltd's stock price is at 18.86, down 4.99%, and has significantly underperformed the Sensex, declining 9.33% over the past week and 28.99% year-to-date. The stock is trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 04-Aug, Organic Coatings Ltd's stock price is falling, currently at 18.86, which reflects a change of -0.99 or -4.99%. The stock has underperformed compared to the benchmark Sensex, which has gained 2.17% over the past week while Organic Coatings has declined by 9.33%. Over the past month, the stock has decreased by 15.99%, in contrast to the Sensex's modest increase of 0.86%. Year-to-date, the stock is down 28.99%, while the Sensex has only fallen by 7.97%. <BR><BR>Additionally, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 91.54% against the 5-day average, the overall performance today shows that the stock has underperformed its sector by 3.58%. These factors collectively contribute to the decline in Organic Coatings Ltd's stock price.

Which are the latest news on Organic Coatings?

Should I buy, sell or hold Organic Coatings Ltd?

How big is Organic Coatings?

As of 10th June, Organic Coatings Ltd has a market capitalization of 17.00 Cr and reported Net Sales of 28.09 Cr with a Net Profit loss of 3.26 Cr over the latest four quarters. Shareholder's Funds were 3.29 Cr and Total Assets were valued at 17.77 Cr as of March 2025.

As of 10th June, Organic Coatings Ltd has a market capitalization of 17.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Organic Coatings reported Net Sales of 28.09 Cr. However, the company experienced a loss of 3.26 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 3.29 Cr and Total Assets were valued at 17.77 Cr.

Who are in the management team of Organic Coatings?

The management team of Organic Coatings includes Abhay R Shah (Chairman & Managing Director), Ajay R Shah (Whole Time Director & CFO), Sudhir R Shah (Company Secretary & Compliance Officer), and independent directors Ashwini Lad, Dipak Kantilal Kanabar, and Ashwinkumar Raval.

The management team of Organic Coatings includes the following individuals:<BR><BR>1. **Abhay R Shah** - Chairman & Managing Director<BR>2. **Ajay R Shah** - Whole Time Director & CFO<BR>3. **Sudhir R Shah** - Company Secretary & Compliance Officer<BR>4. **Ashwini Lad** - Independent Director<BR>5. **Dipak Kantilal Kanabar** - Independent Director<BR>6. **Ashwinkumar Raval** - Independent Director<BR><BR>If you need more specific information about their roles or contributions, feel free to ask!

Who are the peers of the Organic Coatings?

Peers of Organic Coatings include Machhar Industri, Daikaffil Chem, Vikram Aroma, AMS Polymers, C J Gelatine, Pratiksha Chem., Indo Euro Indch., Omkar Spl.Chem., and Unitech Internat. AMS Polymers shows the best growth and returns, while Daikaffil Chem has the lowest performance metrics.

Peers: The peers of Organic Coatings are Machhar Industri, Daikaffil Chem, Vikram Aroma, AMS Polymers, C J Gelatine, Pratiksha Chem., Indo Euro Indch., Omkar Spl.Chem., and Unitech Internat.<BR><BR>Quality Snapshot: Below Average management risk is observed at Machhar Industri, Daikaffil Chem, Vikram Aroma, AMS Polymers, Organic Coatings, Pratiksha Chem., Indo Euro Indch., Unitech Internat, and the rest. Average management risk is found at C J Gelatine, while Omkar Spl.Chem. does not qualify. Growth is rated as Good for AMS Polymers, while Below Average growth is noted for Machhar Industri, Daikaffil Chem, Vikram Aroma, Organic Coatings, C J Gelatine, Pratiksha Chem., Indo Euro Indch., and Unitech Internat, with the rest having Below Average growth. Capital Structure is Excellent for AMS Polymers, Good for Machhar Industri and Indo Euro Indch., Average for Vikram Aroma, and Below Average for the remaining peers.<BR><BR>Return Snapshot: AMS Polymers has the highest 1-year return at 132.83%, while Daikaffil Chem has the lowest at -74.19%. Organic Coatings has a 1-year return of 14.79%, which is significantly higher than Daikaffil Chem but lower than AMS Polymers. Additionally, the six-month returns are negative for Daikaffil Chem, Vikram Aroma, Indo Euro Indch., Omkar Spl.Chem., and Unitech Internat.

What does Organic Coatings do?

Organic Coatings Ltd manufactures and exports printing inks and industrial coatings, operating in the Specialty Chemicals industry as a Micro Cap company. As of March 2026, it reported net sales of 10 Cr and a net profit of -1 Cr, with a market cap of INR 17 Cr.

Overview:<BR>Organic Coatings Ltd engages in the manufacture, marketing, and export of printing inks and industrial coatings, operating within the Specialty Chemicals industry and classified as a Micro Cap company.<BR><BR>History:<BR>Founded in 1965, Organic Coatings commenced commercial production at its Vadodara Plant for printing inks in July 2011. The fiscal year 2014-15 marked the first year of full operations at the Baroda facility following the disposal of the Thane Unit. The most recent quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 10 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 9.19 <BR>Return on Equity: -326.00% <BR>Price to Book: 16.54<BR><BR>Contact Details:<BR>Address: Unit 405 Atlanta Estate Premis, Vith Bhatti Goregaon (East) Mumbai Maharashtra : 400063 <BR>Tel: 91-22-29276921/29272114 <BR>Email: organiccoatingsltd@organiccoatingsl <BR>Website: http://www.organic-coatings.com

Are Organic Coatings Ltd latest results good or bad?

Organic Coatings Ltd's latest results are concerning, showing a 51.50% revenue growth but a net loss of ₹0.85 crores, marking the seventh consecutive quarter of losses. Despite some revenue improvement, persistent operational challenges and a significant year-to-date stock decline indicate ongoing financial distress.

The latest results for Organic Coatings Ltd indicate a challenging financial situation. While the company reported a significant year-on-year revenue growth of 51.50% in Q4 FY26, reaching ₹9.62 crores, it simultaneously posted a net loss of ₹0.85 crores, which is an increase in losses compared to the previous year. This marks the seventh consecutive quarter of operating losses, highlighting persistent fundamental issues within the business.<BR><BR>The operating margin, although improved from -9.88% in Q3 FY26 to -4.99% in Q4 FY26, remains deeply negative, suggesting that the company is struggling to achieve profitability despite the revenue growth. Additionally, the company's return on equity is alarmingly low at -173.37%, indicating severe erosion of shareholder value.<BR><BR>Moreover, the stock has experienced a significant decline of 28.84% year-to-date, reflecting investor skepticism regarding the company's ability to achieve sustainable profitability. The overall financial health of Organic Coatings is concerning, characterized by high leverage and a lack of institutional interest, which further complicates its outlook.<BR><BR>In summary, while there are some positive signs in revenue growth, the underlying operational challenges and persistent losses suggest that the latest results are more indicative of distress than improvement.

When is the next results date for Organic Coatings Ltd?

The next results date for Organic Coatings Ltd is 30 May 2026.

The next results date for Organic Coatings Ltd is scheduled for 30 May 2026.

How has been the historical performance of Organic Coatings?

Organic Coatings has shown fluctuating net sales, increasing from 22.90 Cr in March 2023 to 28.96 Cr in March 2025, but faced declining profitability with a negative operating profit of -0.08 Cr and a profit after tax of -2.10 Cr in March 2025. The company also experienced a decrease in total assets and liabilities, indicating ongoing financial challenges despite sales growth.

Answer:<BR>The historical performance of Organic Coatings shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Organic Coatings reported net sales of 28.96 Cr in March 2025, an increase from 26.83 Cr in March 2024 and 22.90 Cr in March 2023. However, the total operating income followed a similar pattern, reaching 28.96 Cr in March 2025, up from 26.83 Cr in the previous year. The raw material costs also increased significantly, amounting to 21.63 Cr in March 2025 compared to 17.68 Cr in March 2024. Despite the rise in sales, the company faced a total expenditure of 29.09 Cr in March 2025, leading to an operating profit (PBDIT) of -0.08 Cr, a decline from 1.91 Cr in March 2024. The profit before tax further deteriorated to -2.10 Cr in March 2025, down from -0.47 Cr in March 2024. Consequently, the profit after tax also fell to -2.10 Cr in March 2025, compared to -0.47 Cr in the previous year. The company's total assets decreased to 17.77 Cr in March 2025 from 19.12 Cr in March 2024, while total liabilities also dropped to 17.77 Cr from 19.12 Cr. The cash flow from operating activities remained stagnant at 0.00 Cr in March 2025, indicating challenges in generating cash from core operations. Overall, Organic Coatings has experienced a decline in profitability and asset values, despite some growth in sales.

Who are the top shareholders of the Organic Coatings?

The top shareholders of Organic Coatings include promoter Abhay Rajnikant Shah with 8.04% and public shareholder Abhinav Deepak Sadarangani with 11%. Individual investors collectively hold 65.08% of the shares, with no institutional or pledged promoter holdings reported.

The top shareholders of Organic Coatings include Abhay Rajnikant Shah, who is the promoter with the highest holding at 8.04%. Additionally, the highest public shareholder is Abhinav Deepak Sadarangani, holding 11%. Overall, individual investors hold a significant portion of the company, accounting for 65.08% of the shares. There are no institutional holdings or pledged promoter holdings reported.

Is Organic Coatings overvalued or undervalued?

As of June 2, 2025, Organic Coatings is considered a risky investment due to its negative PE ratio of -6.88, ROE of -211.00%, and an EV to EBITDA ratio of -24.72, indicating overvaluation and poor performance compared to peers like Sudarshan Chemicals and Ultramarine Pigments, despite a recent 1-month return of 22.12%.

As of 2 June 2025, the valuation grade for Organic Coatings has moved from fair to risky, indicating a significant shift in its financial outlook. The company is currently overvalued, as evidenced by its negative PE ratio of -6.88 and an alarming ROE of -211.00%. Additionally, the EV to EBITDA ratio stands at -24.72, further highlighting the company's struggles in generating earnings relative to its enterprise value.<BR><BR>When compared to peers, Organic Coatings' valuation metrics starkly contrast with those of Sudarshan Chemicals, which has a PE ratio of 71.32, and Ultramarine Pigments, with a PE of 20.04. This disparity suggests that Organic Coatings is not only underperforming but also mispriced relative to its competitors. Despite a strong recent performance with a 1-month return of 22.12% compared to the Sensex's 3.84%, the fundamental ratios indicate that investors should approach this stock with caution.

What is the technical trend for Organic Coatings?

As of May 7, 2025, the technical trend for Organic Coatings is mildly bearish, influenced by daily moving averages and the monthly MACD, despite some bullish signals on the weekly MACD and Bollinger Bands.

As of 7 May 2025, the technical trend for Organic Coatings has changed from does not qualify to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly. Daily moving averages reflect a mildly bearish position. The KST is mildly bullish weekly but mildly bearish monthly, and Dow Theory indicates a mildly bearish trend on the weekly timeframe with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Has Organic Coatings declared dividend?

Organic Coatings Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 16, 2010. However, the dividend yield is 0%, as it did not contribute to returns in recent periods, despite significant price appreciation over the long term.

Organic Coatings Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: Sep-16-2010<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -34.44%, the dividend return was 0%, resulting in a total return of -34.44%.<BR><BR>For the 1-year period, the price return was 15.56%, the dividend return was 0%, leading to a total return of 15.56%.<BR><BR>In the 2-year period, the price return was 125.04%, with a dividend return of 0%, resulting in a total return of 125.04%.<BR><BR>During the 3-year period, the price return was 74.16%, the dividend return was 0%, culminating in a total return of 74.16%.<BR><BR>For the 4-year period, the price return was 154.99%, with a dividend return of 0%, leading to a total return of 154.99%.<BR><BR>In the 5-year period, the price return was 564.84%, and the dividend return was 0%, resulting in a total return of 564.84%.<BR><BR>Overall, Organic Coatings Ltd has declared a dividend, but the dividend yield remains at 0%, indicating that while there was a dividend declaration, it did not contribute to returns in the recent periods. The total returns over various periods show significant price appreciation, particularly over the longer term.