Ovobel Foods (BSE 530741)₹200.70−14.80%Meat Products including Poultry
In the Mar 2026 quarter (standalone), Ovobel Foods reported sales of ₹65.17 Cr, up 35.6% from Mar 2025, and net profit of ₹14.02 Cr, up 133.3% year on year. For the year to Mar 2026, sales were ₹258 Cr and net profit ₹24.04 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.06 | 46.05 | 51.12 | 29.05 | 48.08 | 42.05 | 51.12 | 48.07 | 61.08 | 57.15 | 74.11 | 65.17 |
| Expenses | 36.15 | 35.11 | 51.19 | 32.10 | 45.17 | 40.13 | 54.16 | 41.14 | 56.23 | 50.22 | 72.26 | 52.16 |
| Operating Profit | 12.99 | 10.98 | 0.00 | −2.99 | 2.99 | 1.99 | −2.99 | 6.99 | 3.99 | 6.99 | 1.99 | 12.99 |
| OPM % | 27.0% | 24.1% | −0.3% | −10.9% | 6.0% | 3.6% | −6.0% | 15.1% | 7.1% | 13.1% | 2.5% | 21.1% |
| Other Income | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 2.01 | 3.01 | 2.01 | 1.01 | 3.01 | 4.01 | 7.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 |
| Profit before tax | 14.02 | 12.02 | 1.01 | −2.01 | 4.01 | 2.01 | −2.01 | 8.01 | 4.01 | 9.01 | 4.01 | 19.03 |
| Tax % | 25.1% | 26.1% | 24.1% | −25.0% | 26.1% | 29.1% | −30.0% | 27.0% | 25.0% | 26.1% | 27.1% | 26.1% |
| Net Profit | 11.02 | 9.01 | 0.00 | −2.01 | 3.01 | 2.01 | −1.01 | 6.01 | 3.01 | 6.01 | 3.01 | 14.02 |
| EPS (Rs) | 11.16 | 9.16 | 0.44 | −1.89 | 2.90 | 1.69 | −1.22 | 6.17 | 2.90 | 6.76 | 2.94 | 14.98 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 106 | 74.17 | 83.23 | 97.22 | 109 | 111 | 125 | 221 | 175 | 189 | 258 | 258 |
| Expenses | 107 | 80.25 | 92.27 | 102 | 111 | 117 | 125 | 171 | 153 | 181 | 231 | 231 |
| Operating Profit | −0.99 | −5.99 | −8.99 | −4.99 | −1.99 | −5.99 | 0.00 | 51.90 | 20.98 | 8.99 | 26.97 | 25.96 |
| OPM % | −1.1% | −8.0% | −11.0% | −4.7% | −2.0% | −6.0% | −0.1% | 23.0% | 12.1% | 4.6% | 11.1% | 10.1% |
| Other Income | 10.01 | 5.01 | 16.03 | 15.01 | 8.01 | 6.01 | 2.01 | 3.01 | 5.01 | 7.01 | 13.01 | 15.04 |
| Interest | 1.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 1.99 | 1.99 | 0.99 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 4.98 | 3.96 |
| Profit before tax | 6.01 | −3.01 | 5.01 | 8.01 | 4.01 | −3.01 | 0.00 | 53.04 | 24.02 | 12.01 | 34.05 | 36.06 |
| Tax % | 32.1% | 21.1% | 14.1% | 33.1% | 29.1% | −28.9% | 85.1% | 26.0% | 25.0% | 27.0% | 28.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 4.01 | −4.01 | 5.01 | 6.01 | 3.01 | −2.01 | 0.00 | 39.09 | 18.05 | 9.02 | 24.04 | 26.05 |
| EPS (Rs) | 3.99 | −3.35 | 4.32 | 5.39 | 2.60 | −1.73 | 0.03 | 40.97 | 18.86 | 9.56 | 25.70 | 27.58 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.99 | 9.97 | 9.99 | 9.99 | 9.97 | 9.98 | 9.97 | 9.98 | 9.97 | 9.97 | 9.97 | 9.97 |
| Reserves | −1.01 | 2.99 | 0.00 | 3.99 | 9.97 | 11.98 | 9.97 | 9.98 | 48.87 | 66.82 | 75.81 | 101 |
| Borrowings | 15.98 | 13.97 | 12.99 | 11.99 | 11.97 | 11.97 | 15.95 | 26.94 | 28.92 | 18.95 | 26.93 | 28.92 |
| Other Liabilities | 29.86 | 31.85 | 27.87 | 15.92 | 4.98 | 6.96 | 6.96 | 8.95 | 12.94 | 5.97 | 14.92 | 29.86 |
| Total Liabilities | 55.82 | 60.78 | 50.85 | 41.89 | 36.89 | 41.89 | 43.85 | 55.85 | 99.70 | 103 | 128 | 169 |
| Fixed Assets | 1.99 | 2.99 | 4.99 | 3.99 | 3.99 | 2.99 | 3.99 | 2.99 | 2.99 | 12.96 | 27.89 | 30.89 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.01 | 1.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.99 | 8.99 | 0.00 | 34.92 |
| Other Assets | 52.83 | 57.79 | 45.86 | 37.90 | 33.90 | 37.90 | 39.86 | 52.86 | 88.72 | 80.76 | 96.73 | 101 |
| Inventories | 6.28 | 8.04 | 12.71 | 9.12 | 10.65 | 13.68 | 12.50 | 17.70 | 18.05 | 25.07 | 32.63 | 37.76 |
| Trade receivables | 12.71 | 17.35 | 10.90 | 11.94 | 6.96 | 7.53 | 9.39 | 11.54 | 17.79 | 7.96 | 10.83 | 15.08 |
| Cash & equivalents | 21.65 | 12.86 | 6.04 | 6.47 | 7.89 | 8.14 | 8.86 | 14.89 | 47.80 | 26.92 | 10.95 | 8.25 |
| Total Assets | 55.82 | 60.78 | 50.85 | 41.89 | 36.89 | 41.89 | 43.85 | 55.85 | 99.70 | 103 | 128 | 169 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 7.99 | −2.01 | −3.01 | 1.01 | 3.01 | 1.01 | −1.01 | −4.99 | 41.02 | 6.99 | 4.01 | 30.01 |
| Cash from investing activity | −7.02 | 1.01 | 4.01 | 0.00 | 0.00 | 0.00 | −2.01 | 0.00 | −41.14 | −1.01 | −9.03 | −26.08 |
| Cash from financing activity | −1.99 | −0.99 | −0.99 | −0.99 | −0.99 | 0.00 | 2.99 | 10.98 | 0.00 | −10.98 | 5.99 | −0.99 |
| Net cash flow | −1.01 | −3.01 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 6.01 | 0.00 | −5.01 | 1.01 | 4.01 |
| Capex | 0.46 | 0.70 | 3.41 | 0.33 | 0.50 | 0.56 | 1.25 | 0.35 | 0.58 | 15.31 | 15.19 | 6.57 |
| Free cash flow | 8.02 | −3.01 | 0.00 | 1.01 | 2.01 | 0.00 | −2.01 | −5.02 | 40.17 | −8.03 | −11.04 | 24.10 |
| CFO / OP % | 132.1% | 40.1% | 45.1% | −24.9% | −108.9% | −113.9% | 16.1% | 7,014.1% | 100.1% | 70.1% | 75.1% | 144.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 47 | 60 | 54 | 52 | 26 | 25 | 31 | 34 | 29 | 17 | 21 | 21 |
| Inventory days | 31 | 37 | 73 | 46 | 49 | 58 | 50 | 66 | 48 | 76 | 84 | 74 |
| Days payable | 15 | 14 | 7 | 13 | 14 | 6 | 11 | 10 | 6 | 4 | 8 | 5 |
| Cash conversion cycle | 62 | 82 | 120 | 85 | 60 | 76 | 69 | 89 | 70 | 88 | 95 | 89 |
| Working capital days | −52 | −1 | −14 | 10 | 30 | 33 | 24 | 13 | 0 | 44 | 28 | 97 |
| ROCE % | 89.9% | 28.9% | −7.0% | 24.9% | 31.9% | 13.9% | −4.0% | 2.0% | 80.9% | 27.9% | 12.9% | 27.9% |
For the Mar 2026 quarter, Ovobel Foods reported sales of ₹65.17 Cr, up 35.6% year on year and net profit of ₹14.02 Cr, up 133.3% year on year. The operating margin was 21.1%.
Ovobel Foods' sales for the year to Mar 2026 were ₹258 Cr; over the last twelve months they were ₹258 Cr.
Net profit for the year to Mar 2026 was ₹24.04 Cr, and ₹26.05 Cr over the last twelve months. Earnings per share over the same trailing period were ₹27.58.
Ovobel Foods reported borrowings of ₹28.92 Cr at Mar 2026, against cash and equivalents of ₹8.25 Cr.
Cash from operations was ₹30.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹24.10 Cr.