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Opto Circuits (I) Ltd. Key Financial Ratios

NSE:OPTOCIRCUI | PHARMACEUTICALS

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Profitability Margins

2-year trend showing gross, operating, and net profit margins

FY 2019 - FY 2020

Understanding Profitability Margins

In FY 2020, Opto Circuits (I) Ltd. posted a gross margin of 57.9%, an operating margin of 10.4%. Gross Margin = (Revenue - COGS) / Revenue; Operating Margin = EBIT / Revenue; Net Margin = Net Income / Revenue. Typical healthy ranges: Gross 20-40%, Operating 10-20%, Net 5-10%+. Consistent or improving margins indicate strong competitive positioning.

Company Performance

2-year trend showing revenue, gross profit, and net profit

FY 2019 - FY 2020

Opto Circuits (I) Ltd.'s revenue declined 29.1% to 1.81B in FY2020, with net losses deepening 2,738.6% to -13.68B.

Understanding Company Performance

In FY 2020, Opto Circuits (I) Ltd.'s revenue declined by 29.1% year-over-year. Revenue is total income from operations. Gross Profit is revenue minus cost of goods. Net Profit is the bottom line after all expenses. Consistent growth across all three signals a healthy, expanding business.

Return on Equity (ROE)

2-year trend showing shareholder returns

FY 2019 - FY 2020

Opto Circuits (I) Ltd.'s ROE of 1,590.3% in FY2020 indicates excellent capital efficiency.

Understanding Return on Equity (ROE)

In FY 2020, Opto Circuits (I) Ltd. reported an ROE of 1,590.3%. ROE = (Net Income / Shareholders' Equity) x 100. Measures how efficiently the company turns equity into profit. Above 15% is generally strong; above 25% is excellent. Very high ROE may signal high leverage — check alongside debt levels.

Net Income vs Free Cash Flow

2-year trend comparing profitability with cash generation

FY 2019 - FY 2020

Opto Circuits (I) Ltd. reported a net loss but generated positive free cash flow in FY2020, suggesting operational cash generation despite accounting losses.

Understanding Net Income vs Free Cash Flow

In FY 2020, Opto Circuits (I) Ltd.'s free cash flow exceeded net income. Free Cash Flow = Operating Cash Flow - Capital Expenditure. When FCF exceeds net income, it suggests high-quality, cash-backed earnings. Persistent gaps may indicate aggressive accounting or heavy capex needs.

Net Income vs Operating Cash Flow

2-year trend comparing profitability with cash from operations

FY 2019 - FY 2020

Opto Circuits (I) Ltd. reported a net loss but generated positive operating cash flow in FY2020, suggesting core operations remain cash-positive despite accounting losses.

Understanding Net Income vs Operating Cash Flow

In FY 2020, Opto Circuits (I) Ltd.'s operating cash flow exceeded net income. Operating Cash Flow is the actual cash from core operations. OCF exceeding net income signals strong cash collection. OCF trailing net income may indicate aggressive revenue recognition or working capital issues.

Leverage Ratios

Measure a company's financial leverage, liquidity, and ability to meet financial obligations.

Current Ratio Analysis

2-year trend showing short-term liquidity position

FY 2019 - FY 2020

Opto Circuits (I) Ltd.'s current ratio of 0.16x in FY2020 indicates liquidity risk — current liabilities significantly exceed coverage capacity.

Understanding Current Ratio

In FY 2020, Opto Circuits (I) Ltd. reported a current ratio of 0.16. Current Ratio = Current Assets / Current Liabilities. Measures short-term liquidity. A ratio of 1.5-3.0 is generally healthy; below 1.0 signals liquidity risk; above 3.0 may indicate underutilized assets.

Interest Coverage Ratio Analysis

2-year trend showing ability to service debt

FY 2019 - FY 2020

Opto Circuits (I) Ltd.'s interest coverage ratio of 0.7x in FY2020 indicates difficulty covering interest payments — high financial stress.

Understanding Interest Coverage Ratio

In FY 2020, Opto Circuits (I) Ltd. reported an interest coverage ratio of 0.7x. Interest Coverage = EBIT / Interest Expense. Shows how many times operating profit covers interest payments. Above 5x is comfortable; below 1.5x signals potential difficulty servicing debt.

Debt-to-Equity Ratio Analysis

2-year trend showing financial leverage and capital structure

FY 2019 - FY 2020

Opto Circuits (I) Ltd. has negative equity in FY2020, indicating accumulated losses exceed equity — a significant financial risk.

Understanding Debt-to-Equity Ratio

In FY 2020, Opto Circuits (I) Ltd. reported a debt-to-equity ratio of -11.48. Debt-to-Equity = Total Debt / Total Equity. Below 1.0 is conservative; 1.0-2.0 is moderate; above 2.0 indicates higher financial risk. Capital-intensive industries naturally carry higher ratios.

Total Debt Analysis

2-year trend showing total debt with year-over-year changes

FY 2019 - FY 2020

Opto Circuits (I) Ltd.'s debt increased 25.7% YoY in FY2020 — rising leverage demands close monitoring.

Understanding Total Debt

In FY 2020, Opto Circuits (I) Ltd.'s total debt increased by 25.7% year-over-year. Total Debt includes short-term debt, long-term loans, debentures, and capital leases. YoY changes (shown as percentages) reveal whether the company is leveraging up or deleveraging.

Shares Outstanding

Year-over-year change in diluted shares outstanding

Opto Circuits (I) Ltd.'s diluted shares increased 3.7% YoY in FY2020 — share dilution.

Over 2 years (FY2019–FY2020), diluted shares increased 3.7% from 289.98M to 300.63M, indicating cumulative dilution.

Understanding Shares Outstanding

In FY 2020, Opto Circuits (I) Ltd.'s diluted shares increased by 3.7% year-over-year. Diluted Shares accounts for stock options, warrants, and convertibles. Positive YoY change means dilution (red); negative means buybacks (green). Consistent dilution above 5% annually is a red flag.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: FY 2020