Oriental Aromatics: Growth in revenue, pressure on profitability

The presentation states the company manufactures aroma chemicals, synthetic camphor, fragrances, and flavours, supplying applications such as cosmetics, soaps and detergents, pharmaceuticals, incense sticks, and food products.

FY26 consolidated operational income is INR 10,308 million, EBITDA is INR 680 million (6.60% margin), and profit after tax is INR 32 million (0.31% margin), as shown in the historical consolidated income statement.

The presentation shows FY26 geographical sales split as 67% domestic and 33% international.

The presentation lists plants at Bareilly (Uttar Pradesh) and Vadodara (Gujarat) for aroma chemicals and camphor, Ambernath (Maharashtra) for flavours and fragrances, and Mahad (Maharashtra) for specialty aroma ingredients under a wholly owned subsidiary.

Bareilly produces over about 7,900 metric tons per annum of pine based chemicals and end products; Vadodara has end product capacity of about 6,200 metric tons per annum; Ambernath has about 6,000 metric tons per annum of fragrance and flavour; Mahad has 250 metric tons capacity for specialty aroma ingredients.

The financial performance section reports cash flow from operations of INR 1,418 million in FY24, INR -343 million in FY25, and INR 24 million in FY26; free cash flow is INR 428 million in FY24, INR -1,208 million in FY25, and INR -92 million in FY26.

The financial performance section reports net debt to equity of 0.30 times in FY24, 0.51 times in FY25, and 0.58 times in FY26.