Ovobel Foods

Ovobel Foods

161.65
-2.35
(-1.43%)
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Key Fundamentals
Add Ratio
Market Cap
172.20 Cr
EPS
9.53
PE Ratio
18.74
Dividend Yield
0.00 %
52 Week High
179.00
52 Week Low
56.70
PB Ratio
1.96
Debt to Equity
0.29
Forecast For
Actual

Company News

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neutral
Five acquirers - M P Satish Babu, Sharad M S, Sukanya Satish, Syed Fahad, and Bhavihal Gurusiddappa Channappa - have launched an open offer to acquire 2,730,208 equity shares of Ovobel Foods Limited at Rs. 49.41 per share, representing 26% of the company's total paid-up and voting share capital. The offer period runs from February 8, 2021 to February 22, 2021. The Committee of Independent Directors has recommended the offer as fair and reasonable, noting that the offer price complies with SEBI regulations. The acquirers have deposited 100% of the required amount in an escrow account. Three of the acquirers - Sharad M S, Syed Fahad, and Bhavihal Gurusiddappa Channappa - were appointed as additional directors on Ovobel Foods' board on December 11, 2020. The company's shares are listed on BSE and are considered infrequently traded under SEBI regulations.
neutral
Ovobel Foods Limited has scheduled an Extraordinary General Meeting for November 11, 2025, to seek shareholder approval for two related party transactions. The first involves transactions with Ashraya Farms for purchase of eggs and sale of crushed egg shell powder valued at Rs 30,000 lakhs per year, representing 159.08% of the company's turnover of Rs 18,858.69 lakhs. The second transaction involves leasing 9.175 acres of land from Managing Director Mysore Satish Sharad for 30 years, requiring a refundable deposit of Rs 1.26 crore and annual rent of Rs 5,000. Ashraya Farms has been supplying eggs to the company for over 28 years and became a related party in 2021. The promoter group holds 68.94% of the company's paid-up share capital. Both transactions require ordinary resolution approval and will be conducted at arm's length basis.
neutral
Ovobel Foods Limited held its 33rd Annual General Meeting on September 30, 2025, through video conferencing. Based on the scrutinizer's report, shareholders approved 5 out of 7 resolutions with requisite majority. The approved resolutions included adoption of audited financial statements for the year ended March 31, 2025 (99.83% votes in favor), re-appointment of director Syed Fahad (99.83% in favor), appointment of Suman Bajoria as secretarial auditor for five years from 2025-26 to 2029-30 (99.83% in favor), re-appointment of Mysore Satish Sharad as Managing Director (60.97% in favor), and appointment of Sukanya Satish as Non-Executive Promoter Director (60.96% in favor). Two resolutions failed to pass: approval for related party transactions with Ashray Farms and lease of land from Mysore Satish Sharad, both receiving only 6.19% votes in favor. The meeting had 6,552 shareholders on record date with 47 shareholders attending through video conferencing.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,538.00
#1 2,153.20
37.86
3,351.20
-11.28
#1 117
-78.99
62.45
31.23
1,579.40
17.77
#1 5,214.40
7.25
88
-14.29
55.36
419.35
1,126.40
20.07
511.90
-28.17
35
#1 188.37
77.21
161.65
#4 172.20
#3 18.74
#5 196.00
#4 -20.02
#4 9
0.00
61.05
167.00
62.70
#1 -30.28
836.20
#1 71.11
6
-90.80
68.00
Growth Rate
Revenue Growth
-20.02 %
Net Income Growth
-53.87 %
Cash Flow Change
-46.69 %
ROE
-64.58 %
ROCE
-63.22 %
EBITDA Margin (Avg.)
-39.94 %

Yearly Financial Results

Annual Financials
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
Revenue
107
115
81
100
112
117
117
127
225
180
196
209
Expenses
92
107
81
92
102
111
117
125
170
154
180
192
EBITDA
15
8
-1
8
10
6
-1
2
55
26
16
17
Operating Profit %
7 %
-1 %
-8 %
-11 %
-5 %
-2 %
-6 %
-0 %
23 %
12 %
5 %
5 %
Depreciation
0
1
1
1
1
1
1
1
1
1
2
3
Interest
1
2
1
1
1
1
1
1
1
1
2
2
Profit Before Tax
13
6
-3
5
8
4
-3
0
53
24
12
12
Tax
4
2
1
1
3
1
-1
0
14
6
3
4
Net Profit
9
4
-4
5
6
3
-2
0
39
18
9
9
EPS in ₹
8.78
3.98
-3.34
4.31
5.38
2.59
-1.72
0.02
40.86
18.83
9.53
17.00

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
56
61
51
42
37
42
44
56
101
103
128
Fixed Assets
2
3
5
4
4
3
4
3
3
13
28
Current Assets
52
57
42
36
32
36
38
51
87
72
64
Capital Work in Progress
0
0
0
0
0
0
0
0
0
0
3
Investments
0
0
0
0
0
0
0
0
9
9
0
Other Assets
53
58
46
38
34
38
40
53
89
81
97
Total Liabilities
56
61
51
42
37
42
44
56
101
103
128
Current Liabilities
44
44
39
27
16
18
21
32
39
24
38
Non Current Liabilities
2
3
2
1
1
1
1
4
3
2
4
Total Equity
10
14
10
15
20
23
21
20
59
77
86
Reserve & Surplus
-1
3
-0
4
10
12
10
11
49
67
76
Share Capital
11
11
11
11
11
11
11
10
10
10
10

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-2
-3
0
0
1
0
-1
6
0
-5
1
Investing Activities
-7
1
4
0
-0
-0
-2
-0
-41
-1
-9
Operating Activities
8
-2
-3
1
3
1
-1
-5
41
7
4
Financing Activities
-2
-1
-1
-1
-1
-0
3
11
0
-11
6

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
14.14 %
14.14 %
68.78 %
68.78 %
68.78 %
69.25 %
69.25 %
69.25 %
76.54 %
75.08 %
70.13 %
68.71 %
68.71 %
68.71 %
68.42 %
68.42 %
68.42 %
68.95 %
69.24 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
DIIs
9.53 %
9.53 %
9.53 %
9.53 %
9.53 %
9.53 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
0.01 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
72.78 %
72.77 %
17.96 %
17.95 %
18.02 %
17.50 %
17.44 %
17.42 %
19.38 %
20.71 %
23.77 %
25.01 %
25.12 %
25.13 %
25.87 %
25.52 %
25.33 %
25.12 %
24.56 %
Others
3.55 %
3.56 %
3.73 %
3.74 %
3.67 %
3.72 %
13.31 %
13.33 %
4.08 %
4.21 %
6.09 %
6.28 %
6.17 %
6.16 %
5.70 %
6.05 %
6.24 %
5.93 %
6.18 %
No of Share Holders
1,889
1,897
1,900
1,904
1,914
1,873
1,896
1,904
2,478
3,658
5,551
6,736
6,888
6,753
6,548
6,624
6,558
6,550
6,372

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
11 Nov 2025 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
11 Nov 2025 139.95 164.00
19 Mar 2024 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
19 Mar 2024 233.10 225.00
30 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Aug 2024 209.40 201.20
13 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Nov 2024 145.90 125.35
07 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Feb 2025 85.20 78.09
27 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
27 May 2025 87.39 79.24
05 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Aug 2025 130.25 139.35
30 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Sept 2025 170.25 139.30

Announcements

Newspaper Notice Of EGM To Be Held On 11 November 2025Oct 21, 2025
Extraordinary General Meeting On 11 November 2025Oct 18, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 03, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportOct 03, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Closure of Trading WindowSep 25, 2025
33RD AGM Notice Newspaper PublicationSep 08, 2025
33RD Annual General Meeting Of The Company On 30 September 2025Sep 05, 2025
Reg. 34 (1) Annual Report.Sep 05, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On 04 September 2025Sep 04, 2025
Clarification On Price Movement Ref L/SURV/ONL/PV/AJ/ 2025-2026 / 3063 Sep 02, 2025
Clarification sought from Ovobel Foods LtdSep 01, 2025
Newspaper Publication Of Q1 June 2025 ResultsAug 07, 2025
Board Meeting Outcome for Outcome Of Board Meeting Q1 June 2025 ResultsAug 05, 2025
Q1 June 2025 Unaudited Financial ResultsAug 05, 2025
Board Meeting Intimation for Board Meeting For June 2025 Q1 Unaudited ResultsJul 28, 2025
Closure of Trading WindowJun 27, 2025
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
Newspaper Advertisement - Regulation 47 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations. 2015 ("SEBI Listing Regulations") - Newspaper Publication Of Audited Financial Results As On 31 March 2025May 29, 2025
Board Meeting Outcome for Outcome Of Board MeetingMay 27, 2025
Audited Financial Results For The Quarter And Year Ended 31 March 2025May 27, 2025
Board Meeting Intimation for Board Meeting For Audited Financial Results As On 31 March 2025 On 27 May 2025May 20, 2025
Copy Of Report Filed With SEBI Under Regulation 10(7) Of SEBI (SAST) Regulations 2011 For Shares Acquired Under Regulation 10(1)(A)(Ii) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011Apr 26, 2025
Correction Of Pincode In Registered Office AddressApr 02, 2025
General Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 26, 2025
Closure of Trading WindowMar 26, 2025
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Mar 19, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 19, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 19, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 19, 2025
Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Mar 19, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 18, 2025
Integrated Filing (Financial)Mar 06, 2025
Intimation Of Change Of Registered Office Address Of The Company With Effect From 21 Feb 2025Feb 20, 2025
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations 2011Feb 15, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2025
Board Meeting Outcome for OutcomeFeb 07, 2025
Dec 2024 ResultsFeb 07, 2025
Board Meeting Intimation for BM For 3Rd Quarter Results To Be Held On 07.02.2025Jan 29, 2025
Closure of Trading WindowDec 27, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateDec 16, 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Dec 09, 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Dec 06, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 22, 2024
Board Meeting Outcome for Outcome Of BMNov 13, 2024
Quarter Ended 30 Sep 2024 UFRNov 13, 2024
Board Meeting Intimation for BM For Q2 Results To Be Held On 13/11/2024Nov 05, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 05, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateOct 22, 2024
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011Sep 27, 2024

Technical Indicators

RSI(14)
Neutral
63.22
ATR(14)
Volatile
10.23
STOCH(9,6)
Neutral
60.07
STOCH RSI(14)
Overbought
89.93
MACD(12,26)
Bullish
3.42
ADX(14)
Weak Trend
17.15
UO(9)
Bearish
49.73
ROC(12)
Uptrend And Accelerating
22.21
WillR(14)
Neutral
-31.98