---
title: "OTIS Elevator Company (India) Ltd (OTIS) — Share Price, Financials & Analysis"
symbol: "OTIS"
company: "OTIS Elevator Company (India) Ltd"
canonical: "https://tapetide.com/stocks/OTIS"
generated_at: "2026-10-13T12:45:51.305Z"
---

# OTIS Elevator Company (India) Ltd (OTIS)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** otis.com

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 116%

### Weaknesses

- Earnings include an other income of Rs.86.9 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -3% | 11% | 22% |
| revenue growth | 20% | 18% | 14% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 693 | 834 | 734 | 928 | 884 | 945 | 1046 | 1242 | 1412 | 1698 |
| Expenses | 582 | 707 | 799 | 868 | 858 | 830 | 941 | 1124 | 1223 | 1511 |
| Operating Profit | 111 | 127 | -64 | 60 | 26 | 115 | 105 | 118 | 188 | 187 |
| OPM % | 16 | 15 | -9 | 6 | 2.9 | 12 | 10 | 10 | 13 | 11 |
| Other Income | 27 | 45 | 74 | 92 | 79 | 179 | 94 | 111 | 108 | 87 |
| Interest | 0 | 1 | 1 | 0 | 3 | 2 | 1 | 0 | 1 | 3 |
| Depreciation | 10 | 6 | 8 | 10 | 10 | 17 | 14 | 13 | 10 | 12 |
| Profit before tax | 128 | 165 | 1 | 141 | 92 | 274 | 184 | 216 | 286 | 259 |
| Tax % | 36 | 35 | -792 | 27 | 36 | 26 | 34 | 35 | 38 | 33 |
| Net Profit | 82 | 108 | 11 | 104 | 58 | 202 | 122 | 140 | 179 | 173 |
| Dividend Payout % | 0 | 0 | 111 | 11 | 71 | 9 | 53 | 80 | 149 | 119 |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 483 | 591 | 588 | 678 | 688 | 868 | 928 | 938 | 613 | 221 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 501 | 480 | 767 | 835 | 951 | 965 | 1031 | 1119 | 1223 | 1191 |
| Total Liabilities | 996 | 1083 | 1366 | 1525 | 1651 | 1845 | 1971 | 2068 | 1848 | 1424 |
| Fixed Assets | 27 | 24 | 45 | 45 | 86 | 77 | 72 | 63 | 59 | 77 |
| CWIP | 0 | 0 | 12 | 35 | 6 | 3 | 0 | 0 | 12 | 3 |
| Investments | 10 | 11 | 11 | 11 | 11 | 6 | 1 | 1 | 1 | 0 |
| Other Assets | 959 | 1047 | 1299 | 1433 | 1547 | 1760 | 1898 | 2003 | 1776 | 1344 |
| Total Assets | 996 | 1083 | 1366 | 1525 | 1651 | 1845 | 1971 | 2068 | 1848 | 1424 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 114 | 9 | 107 | -5 | 73 | 52 | 63 | 92 | 140 | 75 |
| Cash from Investing Activity | -3 | 68 | -46 | 8 | 59 | 171 | 47 | -510 | 573 | 15 |
| Cash from Financing Activity | 0 | 0 | 0 | -14 | -14 | -48 | -78 | -135 | -510 | -570 |
| Net Cash Flow | 111 | 77 | 61 | -11 | 118 | 175 | 33 | -552 | 203 | -480 |
| Free Cash Flow | 107 | 7 | 63 | -33 | 53 | 49 | 59 | 89 | 122 | 55 |
| CFO/OP | 154 | 55 | -252 | 53 | 478 | 100 | 163 | 177 | 116 | 91 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 80 | 67 | 74 | 89 | 101 | 109 | 113 | 96 | 77 | 71 |
| Inventory Days | 84 | 80 | 144 | 97 | 78 | 95 | 70 | 66 | 79 | 55 |
| Days Payable | 138 | 84 | 145 | 104 | 92 | 115 | 143 | 130 | 190 | 158 |
| Cash Conversion Cycle | 27 | 62 | 73 | 82 | 87 | 89 | 39 | 32 | -34 | -31 |
| Working Capital Days | -91 | -73 | -99 | -71 | -117 | -122 | -131 | -96 | -73 | -41 |
| ROCE % | 30 | 31 | 0 | 22 | 15 | 34 | 21 | 23 | 37 | 61 |

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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 2026-10-13T12:45:51.305Z.