Date: 26th August, 2026

Financial Results (Consolidated)

FY26 Performance:

  • Operational Income: ₹10,308 million
  • PBT: ₹107 million
  • EBITDA: ₹680 million
  • Net Profit: ₹32 million
  • EBITDA Margin: 6.60%
  • EPS: ₹0.98
  • ROCE: 4.85%
  • ROE: 0.48%

Q1 FY27 Performance:

  • Operational Income: ₹2,598 million
  • EBITDA: ₹198 million
  • EBITDA Margin: 7.62%
  • PBT: ₹53 million
  • Tax: ₹28 million
  • Profit After Tax: ₹25 million
  • PAT Margins: 0.96%
  • EPS: ₹0.75

Historical Consolidated Income Statement (₹ million):

| Metric | FY24 | FY25 | FY26 |

| Total Operational Income | 8,364 | 9,283 | 10,308 |

| Total Expenses | 7,894 | 8,349 | 9,628 |

| EBITDA | 470 | 934 | 680 |

| EBITDA Margin (%) | 5.62% | 10.06% | 6.60% |

| Other Income | 73 | 31 | 96 |

| Depreciation | 198 | 237 | 311 |

| Finance Cost | 204 | 252 | 358 |

| PBT | 141 | 476 | 107 |

| Tax | 50 | 133 | 75 |

| Profit After Tax | 91 | 343 | 32 |

| PAT Margin (%) | 1.09% | 3.69% | 0.31% |

| EPS | 2.71 | 10.20 | 0.98 |

Business Overview

Company Profile:

  • One of the largest Indian manufacturers of Aroma Chemicals, Camphor, Fragrances and Flavours
  • Integrated manufacturer of fragrances and flavours as well as aroma chemicals globally
  • Founded in 1955 by Mr. Keshavlal Bodani, now in third generation of family leadership
  • Evolved into a one-stop solution provider for the flavour and fragrance industry
  • Market Capitalization: ₹10,401 million as on 30th June, 2026

Business Mix:

  • Aroma Chemicals and Camphor: Pinene derivatives, petrochem derivatives, musk and sandalwood derivatives
  • Flavours and Fragrances: Innovative flavours and fragrance raw materials for FMCG companies

Geographical Sales (FY26):

  • Domestic: 33%
  • Export: 67%

Manufacturing Plants & Capacities

Aroma Chemicals and Camphor:

  • Bareilly, Uttar Pradesh: ~7,900 MTPA capacity, established 1964 with DuPont technology
  • Vadodara, Gujarat: ~6,200 MTPA capacity, established 1999 with multi-purpose plant added in 2018
  • Mahad, Maharashtra: 250 metric tons capacity, started operations November 2024 (through wholly owned subsidiary Oriental Aromatics & Sons Ltd.)

Flavours and Fragrances:

  • Ambernath, Maharashtra: ~6,000 MTPA capacity, started operations in 2014

R&D Facilities

  • Centre for Innovation at Mumbai: DSIR approved lab, 35-40 research associates
  • Process re-engineering lab at Vadodara: DSIR approved lab with pilot plant facility

Board of Directors

Key Management Personnel:

  • Mr. Dharmil A. Bodani: Chairman & Managing Director (DIN: 00618333)
  • Mr. Shyamal A. Bodani: Executive Director
  • Mr. Satish Kumar Ray: Executive Director-Operations

Independent Directors:

  • Mr. Cyrus J Mody: Non-Executive & Independent Director
  • Ms. Sapna U. Tulsiani: Non-Executive & Independent Director
  • Mr. Deepak R. Ramchandra: Non-Executive & Independent Director
  • Mr. John Gloster: Non-Executive & Independent Director

Key Milestones

  • 1955: Fragrances and Flavours business founded by Mr. Keshavlal Bodani
  • 1964: First Synthetic Camphor plant in Bareilly with technology from DuPont of USA
  • 2008: Acquired 57.66% controlling stake in Camphor & Allied Products Ltd. (CAPL)
  • 2017: Full amalgamation of Oriental Aromatics with CAPL
  • 2018: Name changed from CAPL to Oriental Aromatics Limited
  • 2023: Received Global Supplier Excellence award from Proctor & Gamble
  • 2024: Commissioned Specialty Aroma Chemical plants at Vadodara and new plant at Mahad
  • 2026: Achieved ₹1,000 crore revenue milestone for the first time

Market Information (as on 30th June, 2026)

  • Face Value: ₹5.00
  • CMP: ₹309.05
  • 52 Week H/L: ₹421.60/₹227.05
  • Average Net Turnover: ₹6.63 million
  • Market Capitalization: ₹10,400.64 million
  • Equity Shares Outstanding: 33.65 million

Industry Overview

Aroma Chemicals Market:

  • Global market size: USD 6.55 billion in 2025
  • Expected to reach USD 8.82 billion in 2029 at 7.7% CAGR
  • Terpenes & terpenoids segment expanding at 8.20% CAGR from 2025 to 2033

Flavours and Fragrances Market:

  • Global market value: USD 33.3 Billion in 2024
  • Expected to reach USD 44.6 Billion by 2033 at 3.15% CAGR
  • APAC dominated with ~32% revenue share in 2023
  • India flavors market reached ₹4,592 Crore in 2024, expected to reach ₹8,513 Crore by 2033 at 6.75% CAGR

Camphor Market:

  • Global market expected to reach USD 740 million by 2032 at 4.3% CAGR