O.P Chains (BSE 539116)₹30.90+4.75%Trading & Distributors
In the Mar 2026 quarter (standalone), O.P Chains reported sales of ₹1.94 Cr, down 76.3% from Mar 2025, and net profit of ₹1.12 Cr, down 60.0% year on year. For the year to Mar 2026, sales were ₹1.94 Cr and net profit ₹1.04 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 1.50 | 5.22 | 13.62 | 8.20 | 8.19 | 0.00 | 1.94 |
| Expenses | 1.32 | 4.23 | 12.09 | 5.90 | 5.90 | 0.09 | 2.00 |
| Operating Profit | 0.19 | 0.98 | 1.52 | 2.30 | 2.28 | −0.07 | −0.07 |
| OPM % | 12.1% | 19.0% | 11.1% | 28.0% | 28.0% | — | −3.1% |
| Other Income | 2.22 | 0.68 | 0.79 | 0.00 | 1.37 | 0.00 | 1.52 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2.42 | 1.69 | 2.32 | 2.30 | 3.68 | −0.09 | 1.48 |
| Tax % | 0.8% | 0.0% | 19.6% | 0.0% | 23.8% | 0.0% | 23.9% |
| Net Profit | 2.41 | 1.69 | 1.87 | 2.30 | 2.80 | −0.09 | 1.12 |
| EPS (Rs) | 3.49 | 2.46 | 2.71 | 3.33 | 4.06 | −0.11 | 1.61 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 259 | 69.35 | 48.26 | 24.32 | 24.53 | 14.83 | 0.97 | 0.98 | 1.50 | 13.62 | 8.19 | 1.94 |
| Expenses | 258 | 69.04 | 47.99 | 24.19 | 24.43 | 14.74 | 0.95 | 0.92 | 1.40 | 12.09 | 5.98 | 2.08 |
| Operating Profit | 0.38 | 0.27 | 0.20 | 0.07 | 0.06 | 0.08 | 0.03 | 0.07 | 0.11 | 1.52 | 2.20 | −0.15 |
| OPM % | 0.1% | 0.4% | 0.4% | 0.3% | 0.2% | 0.5% | 2.1% | 6.2% | 6.7% | 11.1% | 27.0% | −7.2% |
| Other Income | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.06 | 0.00 | 2.22 | 0.79 | 1.37 | 1.52 |
| Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.08 | 0.05 | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.29 | 0.21 | 0.19 | 0.06 | 0.07 | 0.07 | 0.10 | 0.07 | 2.34 | 2.32 | 3.60 | 1.40 |
| Tax % | 32.2% | 35.1% | 33.4% | 20.1% | 16.8% | 16.7% | 11.2% | 16.8% | 0.9% | 19.6% | 24.3% | 25.3% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.20 | 0.14 | 0.14 | 0.05 | 0.06 | 0.06 | 0.09 | 0.06 | 2.32 | 1.87 | 2.72 | 1.04 |
| EPS (Rs) | 0.39 | 0.18 | 0.18 | 0.05 | 0.06 | 0.06 | 0.11 | 0.06 | 3.36 | 2.71 | 3.95 | 1.49 |
| Dividend payout % | 0.0% | 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 | 5.02 | 6.87 | 6.88 | 6.88 | 6.87 | 6.88 | 6.88 | 6.87 | 6.88 | 6.88 | 6.88 | 6.88 |
| Reserves | 23.25 | 23.58 | 23.72 | 23.77 | 23.81 | 23.58 | 23.65 | 23.73 | 25.68 | 27.48 | 30.20 | 31.25 |
| Borrowings | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.01 | 0.02 | 0.03 | 0.04 | 0.08 | 0.06 | 0.03 | 0.03 | 0.03 | 0.48 | 0.94 | 0.40 |
| Total Liabilities | 28.31 | 30.47 | 30.63 | 30.69 | 30.76 | 30.52 | 30.56 | 30.63 | 32.59 | 34.84 | 38.02 | 38.53 |
| Fixed Assets | 0.17 | 0.11 | 0.08 | 0.05 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 27.21 | 27.22 | 27.75 | 28.24 | 28.20 | 27.67 | 27.50 | 27.35 | 18.79 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.93 | 3.14 | 2.80 | 2.40 | 2.53 | 2.83 | 3.06 | 3.28 | 13.80 | 34.84 | 38.02 | 38.53 |
| Inventories | 0.64 | 2.72 | 2.46 | 2.08 | 2.32 | 2.25 | 2.94 | 3.12 | 13.34 | 5.82 | 0.00 | 0.00 |
| Trade receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.00 | 0.00 | 0.00 | 16.05 | 15.06 | 14.99 |
| Cash & equivalents | 0.04 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.03 |
| Total Assets | 28.31 | 30.47 | 30.63 | 30.69 | 30.76 | 30.52 | 30.56 | 30.63 | 32.59 | 34.84 | 38.02 | 38.53 |
| 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 | 2.66 | −2.05 | 0.52 | 0.49 | −0.03 | −0.28 | −0.18 | −0.17 | −8.20 | −6.67 | 8.32 | −0.26 |
| Cash from investing activity | −2.52 | 0.00 | −0.50 | −0.47 | 0.01 | 0.25 | 0.16 | 0.17 | 8.14 | 6.63 | −8.27 | 0.27 |
| Cash from financing activity | −0.08 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash flow | 0.02 | −0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | −0.01 | 0.00 | 0.00 | 0.02 |
| Free cash flow | 2.70 | −2.05 | 0.52 | 0.50 | −0.03 | −0.28 | −0.16 | −0.17 | −8.21 | −6.68 | 8.32 | −0.26 |
| CFO / OP % | 715.9% | −750.1% | 256.9% | 612.0% | −140.1% | −371.1% | −800.1% | −250.1% | −8,170.1% | −441.1% | 375.9% | −471.1% |
| 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 | 0 | 0 | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 430 | 671 | 2,836 |
| Inventory days | 0 | 13 | 18 | 31 | 34 | 56 | 1,595 | 1,493 | 3,984 | 494 | 0 | 0 |
| Days payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Cash conversion cycle | 2 | 15 | 20 | 33 | 36 | 69 | 1,597 | 1,495 | 3,986 | 928 | 673 | 2,838 |
| Working capital days | 2 | 17 | 21 | 35 | 37 | 68 | 1,134 | 1,198 | 3,355 | 591 | 671 | 2,794 |
| ROCE % | 1.0% | 0.7% | 0.6% | 0.2% | 0.2% | 0.2% | 0.1% | 0.2% | 7.4% | 7.0% | 10.1% | 3.7% |
For the Mar 2026 quarter, O.P Chains reported sales of ₹1.94 Cr, down 76.3% year on year and net profit of ₹1.12 Cr, down 60.0% year on year. The operating margin was −3.1%.
O.P Chains' sales for the year to Mar 2026 were ₹1.94 Cr.
Net profit for the year to Mar 2026 was ₹1.04 Cr. Earnings per share over the same trailing period were ₹1.49.
O.P Chains reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.03 Cr.
Cash from operations was −₹0.26 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.26 Cr.