OVOBELE

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ovobel Foods latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are majorly tied in miscellaneous assets

Balance sheet of Ovobel Foods is strong. It shouldn't have solvency or liquidity issues.

No, profit is decreasing. The profit of Ovobel Foods is ₹1.42 Crs for TTM, ₹17.89 Crs for Mar 2024 and ₹38.82 Crs for Mar 2023.

Yes, The debt of Ovobel Foods is increasing. Latest debt of Ovobel Foods is ₹0.71 Crs as of Sep-24. This is greater than Mar-24 when it was -₹34.63 Crs.

Ovobel Foods is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Ovobel Foods is 45.41, while 3 year average PE is 9.33. Also latest EV/EBITDA of Ovobel Foods is 0.0 while 3yr average is 35.06.

Ovobel Foods has given better returns compared to its competitors. Ovobel Foods has grown at ~29.81% over the last 6yrs while peers have grown at a median rate of 20.22%

Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Ovobel Foods is 68.42% and last quarter promoter holding is 68.42%.

The mutual fund holding of Ovobel Foods is stable. The current mutual fund holding in Ovobel Foods is 0.01% while previous quarter holding is 0.01%.