More Than 1200% Return; First Share Target ₹212; Second Share Target ₹232
Multibagger Stock: There is an Indian toy manufacturing company whose shares have given returns of more than 1200 percent to investors in just 4 years. This share is of OK Play India.
OK Play India is among the top toy manufacturing companies in India. On February 16, shares of OK Play India touched a new 52-week high of Rs 187.05 on BSE during the day.
Following the closing of trading, the price of the share was 184 rupees. This represents an increase of this amount by 3.28 percent.
According to BSE data, the share of OK Play India was at the level of Rs 14 on December 13, 2019. On 16 February 2024, the share price closed at Rs 184 on BSE.
This is how the share price has risen by 1214 percent over the last four years and has increased by 65 days.
If someone had invested Rs 50,000 in OK Play India shares for Rs 14 and held the shares till now, then his investment would have converted into Rs 6.57 lakh.
Whereas if someone had invested Rs 1 lakh then this amount would have become Rs 13.14 lakh. Experts set a First Share Target ₹212 and Second Share Target ₹232.
How Old Is OK Play India?
The company was started in the year 1988 as Aquapure Containers Private Limited, which manufactured storage water tanks.
In 1992, it purchased the British toy company OK Play. After this, in the year 1993, the name of Aquapure Container was changed to OK Play India and it started manufacturing toys.
In 1994 the company brought its IPO. OK Play India also manufactures school furniture and playground equipment for children.
What Is The Financial Position Of OK Play India?
Capitalization on the market of this company is 534 crores. As of January 29, 2014, promoters’ stake in OK Play India was 44.82 percent and the public’s was 55.18 percent.
OK Play India’s total revenue on a consolidated basis declined year-on-year to Rs 41 crore in the December 2023 quarter. The revenue in the same quarter last year was Rs 47 crore.
Whereas the net profit was recorded at Rs 1.06 crore. A year ago the profit was Rs 4.48 crore.
About OK Play India Ltd Company
OK Play India Limited, a company based in India deals with indoor and outdoor toys, school furniture, and healthcare products.
The Company produces plastic-molded products, ranging from automotive components and electric vehicles to children’s play equipment, and furniture for schools, among others.
The company is also involved in the manufacturing of infrastructure, automotive products, point-of-purchase products, and electric vehicles.
The products offered by the Company include toys, such as Ride-Ons, Games, Vehicles, and Sports, and indoor, such as Easels, Funstations, Rockers, See Saw, Slides, Swings, etc.
Fundamental Analysis of OK Play India Ltd
Market Cap | ₹ 487 Cr. |
Current Price | ₹ 184 |
52-wk High | ₹ 187 |
52-wk Low | ₹ 67.0 |
Stock P/E | — |
Book Value | ₹ 30.5 |
Dividend | 0.00 % |
ROCE | 11.3 % |
ROE | -5.59 % |
Face Value | ₹ 10.0 |
P/B Value | 6.03 |
OPM | 6.03 |
EPS | ₹ -0.34 |
Debt | ₹ 84.3 Cr. |
Debt to Equity | 0.93 |
OK Play India Ltd Shareholding Pattern
Promoters Holding | |
Dec 2022 | 59.92% |
Mar 2023 | 51.83% |
June 2023 | 49.14% |
Sept 2023 | 45.52% |
Dec 2023 | 44.82% |
FII Holding | |
Dec 2022 | 0.19% |
Mar 2023 | 13.51% |
June 2023 | 19.64% |
Sept 2023 | 19.95% |
Dec 2023 | 19.64% |
DII Holding | |
Dec 2022 | 0.03% |
Mar 2023 | 0.03% |
June 2023 | 0.02% |
Sept 2023 | 0.02% |
Dec 2023 | 0.02% |
Public Holding | |
Dec 2022 | 39.86% |
Mar 2023 | 34.64% |
June 2023 | 31.18% |
Sept 2023 | 34.50% |
Dec 2023 | 35.53% |
OK Play India Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹153 Cr |
2020 | ₹76 Cr |
2021 | ₹90 Cr |
2022 | ₹98 Cr |
2023 | ₹178 Cr |
Last 5 Years’ Net Profit:
2019 | ₹6 Cr |
2020 | ₹-4 Cr |
2021 | ₹-8 Cr |
2022 | ₹-8 Cr |
2023 | ₹-0 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | — |
2020 | — |
2021 | — |
2022 | — |
2023 | — |
Last 10 Years’ Profit Growth:
10 Years: | — |
5 Years: | — |
3 Years: | 7% |
Current Year: | -102% |
Last 10 years’ Return on Equity (ROE):
10 Years: | -3% |
5 Years: | -5% |
3 Years: | -13% |
Last Year: | -+6% |
Sales Growth Over 10 Years:
10 Years: | 11% |
5 Years: | 5% |
3 Years: | 32% |
Current Year: | 5% |
Conclusion
This article is a complete guide about OK Play India Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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