Opal Luxury Time Products Ltd (OPAL) — shareholding pattern, promoter holding, financials and share price
About Opal Luxury Time Products Ltd (OPAL)
Opal Luxury Time Products Ltd operates in the Furniture, Home Furnishing industry, within the Consumer Durables sector. It trades on the NSE as OPAL and on the BSE under scrip code 500504. Its ISIN is INE520N01012.
Opal Luxury Time Products Limited is an India-based company engaged in the business of manufacturing, assembling and marketing of clocks, watches, their accessories and allied products.
Opal Luxury Time Products Limited specializes in the manufacturing and marketing of premium home décor items, primarily focused on wall and table clocks. With Opal as its flagship premium brand, and Caliber catering to the budget segment, the company targets diverse consumer needs in the timepiece market.
Founded in 2007 and transitioning to a public entity by 2012, Opal consistently works towards enhancing their product offerings by adopting advanced manufacturing techniques.
Listed peers in Furniture, Home Furnishing: Omfurn India Ltd, Tirupati Foam Ltd, Milestone Furniture Ltd, Shashwat Furnishing Solutions Ltd, Golden Carpets Ltd, Magenta Lifecare Ltd.
Valuation & Returns
At ₹43 a share, Opal Luxury Time Products Ltd (OPAL) was valued at a price-to-book of 4.29x on a book value of ₹10.03 per share. Solomo computes return on equity of -462.81% and return on capital employed of -71.25% from filed results.
- Industry P/E
- 50.62x
- P/B
- 4.29x
- EPS (TTM)
- ₹-18.26
- Book value / share
- ₹10.03
- ROE
- -462.81%
- ROCE
- -71.25%
- Debt / equity
- 5.17x
- Dividend yield
- 0%
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2018In the year ended Mar 2018, Opal Luxury Time Products Ltd (OPAL) reported revenue of ₹12.34 crore, net profit of ₹-6.13 crore and earnings per share of ₹-18.25. That compares with revenue of ₹23.03 crore and net profit of ₹-3.43 crore in Mar 2017. Figures are consolidated, as filed with the exchanges.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 25.31 | 26.18 | 26.13 | 23.03 | 12.34 |
| Net profit (₹ cr) | 0.38 | 0.43 | -0.09 | -3.43 | -6.13 |
| EPS (₹) | 1.13 | 1.28 | -0.27 | -10.21 | -18.25 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -12.28% | -21.28% | -46.17% |
| Profit growth | - | - | -78.72% |
Ownership Summary
Mar 2021As of Mar 2021, promoters hold 25.27% of Opal Luxury Time Products Ltd (OPAL). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2018.
Largest disclosed public shareholders in Mar 2021: BANK OF MAHARASHTRA 140%, INNOVENTIVE VENTURE LIMITED 112%, RBL BANK LIMITED 24.38%, SIDBI TRUSTEE COMPANY LIMITED A/C INDIA OPPORTUNITY FUND 18.01%, SAMEER GUJAR 12.89%, IDBI CAPITAL MARKET SERVICES LIMITED 12.56%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2021 | 25.27% | - | - | - | - |
| Mar 2020 | 25.27% | - | - | - | - |
| Sep 2019 | 25.27% | - | - | - | - |
| Jun 2019 | 25.27% | - | - | - | - |
| Mar 2019 | 25.27% | - | - | - | - |
| Dec 2018 | 25.27% | - | - | - | - |
| Sep 2018 | 25.27% | - | - | - | - |
| Jun 2018 | 25.27% | - | - | - | - |