Ovobel Foods Ltd

Ovobel Foods Ltd (OVOBELE) is a micro-cap Food Products company valued at ₹298 crore operating in Meat Products on the NSE and BSE.

Recent price move

Ovobel Foods Ltd last traded at ₹310.95, modestly up 1.45% on the day.

Recent developments

2026-09-30: Promoter holding remained at 69.65%, with no changes in foreign or domestic institutional holdings. 2026-06-30: The company reported a strong quarterly result, with net profit reaching ₹15 crore, up 460.0% from ₹3 crore in the same quarter a year earlier.

Financial performance

The company's business has improved significantly, with annual revenue rising 36.1% and net profit surging 168.8% year-over-year. The latest quarter saw revenue and net profit jump 31.8% and 460.0% respectively compared to the same quarter a year earlier, driven by a sharp increase in net profit margin to 9.5% from 4.8%.

Valuation multiples

The stock trades at 12.1 times earnings, 2.17 times book value.

Things to watch

The company's profit growth has slowed in recent years, with a 14.5% decline in profit CAGR over the past three years. The stock is 12.4% below its 52-week high, and the company's market cap remains small at ₹291 crore.

Where it stands

Ovobel Foods Ltd has delivered strong revenue and profit growth in the latest quarter, with net profit margin expanding significantly. The company's market cap remains small, and its stock is trading below its 52-week high, but profit growth has decelerated in recent years.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.