Organic Coatings

What does Organic Coatings do?

Organic Coatings Ltd manufactures and exports printing inks and industrial coatings, operating primarily in the specialty chemicals sector. As of March 2025, it reported net sales of 6 Cr and a net loss of 1 Cr, with a market cap of Rs 14 Cr.

Overview: <BR>Organic Coatings Ltd engages in the manufacture, marketing, and export of printing inks, industrial coatings, and allied products within the specialty chemicals industry, categorized 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 Baroda following the disposal of the Thane Unit. The latest reported quarter is March 2025, with sales and profit figures available.<BR><BR>Financial Snapshot: <BR>Net Sales: 6 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 14 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 31 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 10.20 <BR>Return on Equity: -211.00% <BR>Price to Book: 14.24 <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

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.

Who are the peers of the Organic Coatings?

Peers of Organic Coatings include Pidilite Inds., SRF, Gujarat Fluoroch, and others. SRF has the highest 1-year return at 30.49%, while Organic Coatings has a return of 9.80%.

Peers: The peers of Organic Coatings are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Indo Euro Indch., Pratiksha Chem., AMS Polymers, and C J Gelatine.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds. and SRF, while Average management risk is found at Himadri Special, Gujarat Fluoroch, and Pratiksha Chem., and the rest. Below Average management risk is noted at Indo Euro Indch. and AMS Polymers, while Deepak Nitrite has Excellent growth, Himadri Special has Good growth, and the rest have Average or Below Average growth. Capital Structure is Excellent for Pidilite Inds. and Deepak Nitrite, Good for Gujarat Fluoroch and Himadri Special, Average for Pratiksha Chem., and Below Average for C J Gelatine and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SRF at 30.49%, while the lowest is Deepak Nitrite at -9.64%. Organic Coatings has a 1-year return of 9.80%, which is higher than Deepak Nitrite but lower than SRF. Additionally, peers with negative six-month returns include Deepak Nitrite, Indo Euro Indch., C J Gelatine, and Himadri Special.

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.

Who are in the management team of Organic Coatings?

As of March 2022, 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 three Independent Directors: Ashwini Lad, Dipak Kantilal Kanabar, and Ashwinkumar Raval.

As of March 2022, 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>This team oversees the operations and governance of the company.

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.

How big is Organic Coatings?

As of 24th July, Organic Coatings Ltd has a market capitalization of 19.00 Cr and reported Net Sales of 28.96 Cr with a Net Profit loss of 2.11 Cr over the latest 4 quarters. Shareholder's Funds are 1.19 Cr, and Total Assets are valued at 19.12 Cr as of March 2024.

As of 24th July, Organic Coatings Ltd has a market capitalization of 19.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Organic Coatings reported Net Sales of 28.96 Cr. However, the company experienced a loss of 2.11 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at 1.19 Cr, while Total Assets were valued at 19.12 Cr.

When is the next results date for Organic Coatings?

The next results date for Organic Coatings is 11 August 2025.

The next results date for Organic Coatings is scheduled for 11 August 2025.

Are Organic Coatings latest results good or bad?

Organic Coatings' latest results are disappointing, with a 39.28% decline in net sales and a negative Profit After Tax of Rs -1.63 crore, leading to a 'Strong Sell' rating and indicating ongoing financial challenges.

Organic Coatings has reported disappointing financial results for the quarter ending June 2025. The company experienced a significant decline in key metrics, with net sales for the last six months at Rs 13.42 crore, marking a year-on-year decrease of 39.28%. This decline indicates challenges in maintaining revenue levels.<BR><BR>Additionally, the Profit After Tax (PAT) was recorded at Rs -1.63 crore, also reflecting a year-on-year decline of 39.28%, suggesting ongoing struggles with profitability. The operating profit before depreciation, interest, and taxes (PBDIT) fell to Rs -0.47 crore, the lowest in the last five quarters, highlighting operational difficulties.<BR><BR>Overall, the financial score for Organic Coatings has dropped to -11 from -7 over the past three months, indicating a continued negative trajectory in its financial performance. The stock is currently rated as a 'Strong Sell,' which further emphasizes the unfavorable outlook for the company. In summary, the latest results for Organic Coatings are indeed bad, reflecting significant challenges across various financial metrics.

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.

Should I buy, sell or hold Organic Coatings Ltd?

Which are the latest news on Organic Coatings?

Why is Organic Coatings Ltd falling/rising?

As of 03-Feb, Organic Coatings Ltd's stock price is declining, currently at 22.89, reflecting a 0.48% decrease. The stock has underperformed its sector and has seen significant declines over various time frames, indicating short-term challenges despite strong long-term growth.

As of 03-Feb, Organic Coatings Ltd's stock price is falling, currently at 22.89, which reflects a decrease of 0.11 or 0.48%. The stock has been on a downward trend, having underperformed its sector by 4.99% today and experiencing a consecutive decline for the last seven days, resulting in a total drop of 9.24% during this period. <BR><BR>In terms of broader performance, the stock has shown significant declines over various time frames, including a 12.50% drop over the past month and a 13.82% decline year-to-date. This contrasts sharply with its impressive one-year performance of 91.23% and a three-year increase of 252.15%, indicating that while the stock has had strong long-term growth, it is currently facing short-term challenges.<BR><BR>Additionally, the stock's liquidity appears to be decreasing, with delivery volume on February 2 falling by 69.05% compared to the five-day average. This decline in investor participation may further contribute to the stock's downward pressure. Overall, the combination of recent poor performance, lower investor engagement, and sector dynamics suggests that Organic Coatings Ltd is currently experiencing a decline in its stock price.