Oen India Unlisted Share
About Oen India Unlisted Share
OEN India is a Public Limited Company, incorporated on March 8, 1968, and registered with the Registrar of Companies, Ernakulam, Kerala. With an authorized equity share capital of ₹10,00,00,000 and a paid-up capital of ₹5,09,92,600, the company has established itself as a leader in the design and manufacture of custom electromechanical components.
Core Business:
OEN India specializes in manufacturing a wide range of electromechanical components tailored to meet specific customer requirements. The product portfolio includes:
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Automotive Relays
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Power Relays
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Industrial Relays
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Telecommunication and Signal Relays
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Socket Relay Modules
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Rotary Switches
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Other Switches
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Tools and Moulds
Manufacturing Excellence:
The company boasts robust infrastructure that includes:
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A fabrication unit for pressed and plastic molded parts
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Advanced electroplating facilities
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A state-of-the-art R&D laboratory
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A fully equipped tool room
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Dedicated quality assurance and testing labs
Financial Highlight
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Revenue Growth: OEN India’s revenue rose by 14% from ₹25,617 lakh in 2023 to ₹29,177 lakh in 2024.
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Declining Profit Margins: Net Profit Margin dropped from 9.79% in 2023 to 7.17% in 2024.
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Rising Costs: Employee benefits and material costs significantly increased, impacting overall profitability.
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EBITDA and OPM Fall: EBITDA dipped to ₹4,028 lakh with a lower operating margin of 13.81% in 2024.
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Asset Expansion: Total assets grew to ₹30,494 lakh, driven by higher fixed assets and receivables.
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Increased Borrowings: Borrowings more than doubled from ₹1,211 lakh in 2023 to ₹2,845 lakh in 2024.
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Lower Earnings Per Share: EPS decreased from ₹49.34 in 2023 to ₹40.75 in 2024, reflecting reduced profitability.
Pros
- Revenue Growth: Strong year-on-year revenue growth indicates healthy demand and business expansion.
- Asset Base Strength: Increase in fixed assets and receivables reflects operational scaling and business confidence.
- Other Income Stability: Continued contribution from other income supports overall profitability during operational cost pressure.
Cons
- Margin Erosion: Decline in gross and net profit margins suggests rising costs are outpacing revenue growth.
- Higher Debt: Significant rise in borrowings could increase interest burden and financial risk.
- Falling EPS: Decrease in earnings per share may impact investor sentiment and shareholder value.
