Orient Abrasives Limited Share Price and Company Fundamentals



Price
₹27.05
Change
-0.100 (-0.368%)
52 week
24.2 - 40.45

Last traded: Yesterday at 9:59 AM

Orient Abrasives Limited produces and trades in aluminum refractories and monolithic products in India. The company operates through two segments, Alumina Refactories & Monolithics Products & Bauxite Ores; and Power Generation. It offers various aluminous raw materials, including brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused zirconia mullite, fused alumina-magnesia spinnel, calcined bauxite, high alumina refractory cement, and calcined bauxite aggregates to the grinding wheel and refractory manufacturers. The company also provides monolithics, including conventional and LC castables, conventional dense castables, low cement castables, and refractory mortars; and ceramic proppants. In addition, it generates and sells wind power to state power distribution companies in Rajasthan and Karnataka. The company also exports its products. Orient Abrasives Limited was incorporated in 1971 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

47.11

PB ratio

1.30

Dividend yield

0.55%

Beta

0.58

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Websitehttps://www.orientabrasives.com
Mailing addressJeevan Udyog Building 2nd Floor 278, Dr D.N. Road Fort Mumbai 400001 India
Phone / Fax91 22 6665 1700 / 91 22 2207 9395

Dividends

Dividend yield

0.55%

Dividend amount

₹0.15

Payout ratio

26.32%

5Y Avg. yield

0.92%

Orient Abrasives Limited paid ₹0.15 dividend and the ex-dividend date was 15 Sept 2021.The dividend payout ratio is 26.32%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ORIENTABRA dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

ORIENTABRA's forward dividend amount is ₹0.15 and the forward dividend yield is 0.55%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Orient Abrasives Limited.

NameTitleAgeTotal Pay
Mr. Manubhai RathodCEO & Whole-Time Director534.48M
Mr. Manan Chetan ShahPres29
Mr. Vikash KhemkaChief Financial Officer
Ms. Seema SharmaCompany Sec. & Compliance Officer
Mrs. Usha RajgarhiaExport Mang.

Profitability and management effectiveness

Profit margin

2.57%

Operating margin

1.68%

Return on assets

0.82%

Return on equity

2.80%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Orient Abrasives Limited is and its enterprise value is .

The ORIENTABRA's stocks Beta value is 0.58 making it 42% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Orient Abrasives Limited (NSE:ORIENTABRA) Frequently Asked Questions

1. What is Orient Abrasives Limited's Stock Symbol?

Orient Abrasives Limited trades on NSE under the ticker symbol "ORIENTABRA".

2. What is Orient Abrasives Limited's stock price today?

One share of ORIENTABRA stock can currently be purchased for approximately ₹27.05.

3. How can I contact Orient Abrasives Limited?

Orient Abrasives Limited's mailing address is Jeevan Udyog Building 2nd Floor 278, Dr D.N. Road Fort Mumbai 400001 India. The company can be reached via phone at 91 22 6665 1700.

4. What is Orient Abrasives Limited's official website?

The official website of Orient Abrasives Limited is https://www.orientabrasives.com.