---
title: "Ocean Agro Industries Ltd (519491) — Share Price, Financials & Analysis"
symbol: "519491"
company: "Ocean Agro Industries Ltd"
canonical: "https://tapetide.com/stocks/519491"
isin: "INE049J01010"
bse_code: "519491"
generated_at: "2026-10-13T10:59:32.087Z"
---

# Ocean Agro Industries Ltd (519491)

Canonical page: https://tapetide.com/stocks/519491

## Company

- **BSE Code:** 519491
- **ISIN:** INE049J01010
- **Stock Type:** EQUITY
- **Listed Since:** 2008-06-10
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** oceanagro.com

## About

Ocean Agro (India) Limited,incorporated in India, listed on the Bombay Stock Exchange Limited, the company is engaged in agro chemicals business.

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 139 to 74.6 days.
- Company's working capital requirements have reduced from 166 days to 59.4 days

### Weaknesses

- The company has delivered a poor sales growth of 0.16% over past five years.
- Company has a low return on equity of -33.5% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 139% | 30% | 25% |
| revenue growth | 15% | -2% | 0% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.07 | 6.82 | 5.99 | 2.75 | 5.24 | 5.75 | 5.19 | 3.72 |
| Expenses | 5.15 | 7.05 | 6.46 | 4.14 | 5.36 | 5.29 | 5.06 | 2.64 |
| Operating Profit | 0.92 | -0.23 | -0.47 | -1.39 | -0.12 | 0.46 | 0.13 | 1.08 |
| OPM % | 15.16 | -3.37 | -7.85 | -50.55 | -2.29 | 8 | 2.5 | 29.03 |
| Other Income | 0.01 | -0.35 | -0.41 | -8.29 | 0.02 | -0.01 | -0.02 | -0.74 |
| Interest | 0.11 | 0.11 | 0.11 | 0.16 | 0.12 | 0.12 | 0.07 | 0.08 |
| Depreciation | 0.1 | 0.08 | 0.09 | 0.13 | 0.11 | 0.3 | 0.01 | 0.02 |
| Profit before tax | 0.72 | -0.77 | -1.08 | -9.97 | -0.33 | 0.03 | 0.03 | 0.24 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.72 | -0.77 | -1.08 | -9.97 | -0.33 | 0.03 | 0.03 | 0.24 |
| EPS in Rs | 1.07 | -1.14 | -1.6 | -14.78 | -0.49 | 0.04 | 0.04 | 0.36 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 19.74 | 21.17 | 21.27 | 18.48 | 17.34 | 19.9 |
| Expenses | 18.51 | 19.74 | 19.62 | 17.42 | 18.72 | 18.35 |
| Operating Profit | 1.23 | 1.43 | 1.65 | 1.06 | -1.38 | 1.55 |
| OPM % | 6.23 | 6.75 | 7.76 | 5.74 | -7.96 | 7.79 |
| Other Income | -0.6 | -0.98 | -0.78 | -0.2 | -8.79 | -0.73 |
| Interest | 0.54 | 0.51 | 0.52 | 0.51 | 0.51 | 0.39 |
| Depreciation | 0.94 | 0.29 | 0.32 | 0.35 | 0.41 | 0.44 |
| Profit before tax | -0.85 | -0.35 | 0.03 | 0 | -11.09 | -0.01 |
| Tax % | 31.76 | 68.57 | 800 | — | 0 | 0 |
| Net Profit | -1.12 | -0.59 | -0.2 | -0.18 | -11.09 | -0.01 |
| EPS in Rs | -1.66 | -0.87 | -0.3 | -0.27 | -16.44 | -0.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.59 | 7.59 | 7.59 | 7.59 | 7.59 | 7.59 |
| Reserves | 11.6 | 10.9 | 10.66 | 10.45 | -0.75 | -0.75 |
| Borrowings | 3.66 | 3.52 | 3.55 | 3.88 | 5.45 | 6.22 |
| Other Liabilities | 2.09 | 2.84 | 3.69 | 3.63 | 3.14 | 3.1 |
| Total Liabilities | 24.94 | 24.85 | 25.49 | 25.55 | 15.43 | 16.16 |
| Fixed Assets | 4.87 | 5.01 | 5.22 | 5.38 | 5.38 | 5.15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20.07 | 19.84 | 20.27 | 20.17 | 10.05 | 11.01 |
| Total Assets | 24.94 | 24.85 | 25.49 | 25.55 | 15.43 | 16.16 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 0.74 | 1.09 | 0.41 | -1.08 | 0.07 |
| Cash from Investing Activity | — | -0.43 | -0.52 | -0.51 | -0.42 | -0.21 |
| Cash from Financing Activity | — | -0.58 | -0.5 | -0.22 | 1.28 | 0.14 |
| Net Cash Flow | — | -0.27 | 0.07 | -0.33 | -0.21 | 0 |
| Free Cash Flow | — | 0.31 | 0.57 | -0.1 | -1.5 | -0.14 |
| CFO/OP | — | 69 | 81 | 56 | 78 | 5 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 257.94 | 236.55 | 233.38 | 268.81 | 74.31 | 74.65 |
| Inventory Days | 269.78 | 295.12 | 502.13 | 510.56 | 744.09 | 797.1 |
| Days Payable | 23.8 | 37.31 | 117.54 | 119.09 | 190.25 | 120.77 |
| Cash Conversion Cycle | 503.92 | 494.36 | 617.97 | 660.28 | 628.15 | 750.97 |
| Working Capital Days | 305.46 | 273.79 | 264.61 | 304.17 | 134.3 | 59.43 |
| ROCE % | — | 5.17 | 6.12 | 3.25 | -8.24 | 8.92 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% |
| Public | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% |
| No. of Shareholders | 3631 | 3537 | 3409 | 3135 | 3104 |

### Quarterly

| Category | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% | 69.86% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0% | 0% |
| Public | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% | 30.14% | 30.13% | 30.14% | 30.14% |
| No. of Shareholders | 3550 | 3541 | 3537 | 3494 | 3474 | 3436 | 3409 | 3357 | 3317 | 3260 | 3135 | 3104 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 516.39 | Sell |
| EMA (10) | 517.99 | Sell |
| SMA (20) | 536.14 | Sell |
| EMA (20) | 529.68 | Sell |
| SMA (50) | 558.56 | Sell |
| EMA (50) | 565.1 | Sell |
| SMA (100) | 645.07 | Sell |
| EMA (100) | 614.46 | Sell |
| SMA (200) | 669.62 | Sell |
| EMA (200) | 682.98 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.52 | Neutral |
| MACD (12,26,9) | -15.49 | Sell |
| Stochastic (14,3,3) | 22.71 | Neutral |
| ADX (14) | 21.19 | Neutral |
| Williams %R (14) | -73.42 | Neutral |
| ATR (14) | 26.33 | High Volatility |
| ROC (12) | -7.06 | Sell |
| Stoch RSI (14) | 48.89 | Neutral |
| UO (7,14,28) | 45.52 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2024-08-09 | [Status Of E-Auction Under Insolvency And Bankruptcy Code, 2016.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f13689f1-bbc9-44c1-ac8d-5072603cd8f8.pdf) |
| 2024-08-07 | [NOTICE OF E-AUCTION SALE](https://www.bseindia.com/xml-data/corpfiling/AttachHis/420f09c2-b1d9-4593-90ed-3b8611b4c1d1.pdf) |
| 2024-08-07 | [Corporate Insolvency Resolution Process (CIRP)-Public Announcement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9871a6bd-07c5-4620-ba3f-e754cf82f340.pdf) |
| 2023-11-10 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c88a323a-55c7-4660-9e90-c9cb53f28a83.pdf) |
| 2023-10-26 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d69d63f-958e-4152-91af-10a911ed3add.pdf) |
| 2020-09-02 | [Delisting- Updates- Exit Letter Of Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f799050e-527c-4c4c-9ab7-e92323552680.pdf) |
| 2020-09-02 | [Delisting- Updates- Exit Letter Of Offer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f799050e-527c-4c4c-9ab7-e92323552680.pdf) |
| 2020-08-29 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63798218-7c04-4b1d-ba9b-d0bacb3dc2b8.pdf) |
| 2020-08-29 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63798218-7c04-4b1d-ba9b-d0bacb3dc2b8.pdf) |
| 2020-08-28 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9876db49-2313-416d-8ec9-762a19b2dae4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532678/77179532678.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532678/72861532678.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532678/66406532678.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532678/5326780319.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/519491/5194910319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532678/5326780318.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/519491/5194910318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532678/5326780317.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/519491/5194910317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532678/5326780316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Mar 2018 | [Concall - Mar 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/a8fe774e-1651-41f9-85db-7fba51d592e7.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:32.087Z.