On 6 Nov 2026, OK Play India was priced at ₹2.89, or 48.2× trailing earnings, against an industry P/E of 24.9×, and the shares are 67% below their 52-week high. Sales grew 2.9% a year over 3 years, with ROCE of 5.4% and ROE of 1.8%. Debt is 0.66× equity. It is a small-cap company with a market cap of ₹105 Cr, ranked 6th of 11 Leisure companies by market cap; the shares fell 57% over the past year.
- ₹2.92
- ₹2.92
- ₹2.70
- ₹2.81
- 2.3 L
Health check
- ReturnsBehind
−56.9% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 48.2 vs industry 24.9.
- GrowthSteady
Sales +2.9% a year over 3 years.
- ProfitabilityWeak
ROCE 5.4% vs peer median 8.1%.
- Balance sheetStretched
Debt 0.66× equity, interest covered 1.1×, Piotroski 7 of 9.
- Red flags5 to check
Return on equity is low at 1.8%.
Small cap
Defensive
Key metrics
- Market cap
- ₹105 Cr
- Small cap
- P/E
- 48.2
- Industry 24.9
- Price to book
- 0.62
- Peers 1.68
- Dividend yield
- 0.00%
- ROE
- 1.8%
- Peers 5.9%
- ROCE
- 5.4%
- Peers 8.1%
- Debt to equity
- 0.66
- Debt ₹110 Cr
- EPS (TTM)
- ₹0.06
- OPM (TTM)
- 13.5%
- Net margin 1.2%
- Sales growth
- +11.2%
- Latest quarter vs a year ago
- Profit growth
- −86.1%
- Latest quarter vs a year ago
- Price to sales
- 0.52
- EV/EBITDA 7.7
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.8%.
- Quarterly profit down 86.1% on a year ago.
- P/E of 48.2 against an industry P/E of 24.9.
- 67% below its 52-week high.
- Interest coverage of only 2.1×.
About OK Play India
OK Play India Limited engages in the manufacture and sale of plastic molded products in India. The company offers plastic molded toys, school furniture, playground equipment, infrastructure and automotive products, point-of-purchase products, and electric vehicles, It also provides healthcare products, such as disinfection booths, as well as portable and foot-operated handwash stations. In addition, the company exports its products. It sells its products…
- Headquarters
- New Delhi
- Sector
- Consumer Cyclical
- ISIN
- INE870B01024
- Website
- okplay.in
Price range
- Avg volume (3M)
- 2.7 L
- 1-year return
- minus 56.9%
- From 52-week high
- minus 66.6%
Peers · Leisure
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WONDERLAWonderla Holidays | 476.75 | plus 0.26% | 3,026 | 29.3 | 1.68 | 5.8% | 4.6% | 33.8% | 6.4% | −18.1% | 0.44% | minus 17.0% |
| EMERALLEmerald Leisures | 284.35 | plus 3.78% | 427 | – | −5.08 | – | – | 41.7% | 4.0% | – | 0.00% | plus 26.7% |
| CSMLCOMPLETE SPORTS AND MANAGEMENT | 182.05 | minus 2.67% | 374 | 20.6 | 6.40 | 56.7% | 54.0% | 29.5% | 55.9% | 144.8% | 0.00% | plus 24.7% |
| NICCOPARNicco Parks & Resorts | 67.99 | plus 3.44% | 318 | 53.5 | 3.04 | – | 5.7% | 26.5% | −4.6% | – | 0.74% | minus 9.6% |
| KVTOYSK. V. Toys India | 210.15 | minus 7.57% | 132 | 12.3 | 2.41 | 19.2% | 27.4% | 7.0% | – | – | 0.00% | minus 37.5% |
| OKPLAOK Play India | 2.89 | plus 2.85% | 105 | 48.2 | 0.62 | 5.4% | 1.8% | 13.5% | 2.9% | – | 0.00% | minus 56.9% |
| CRAVATEXCravatex | 335.00 | minus 2.59% | 87 | 10.1 | 0.71 | 7.3% | 6.0% | −2.2% | −33.1% | −51.3% | 3.88% | minus 3.7% |
| COSCOCosco (India) | 185.10 | minus 1.07% | 77 | 66.8 | 1.49 | 8.1% | 2.0% | 3.4% | 7.4% | 13.9% | 0.00% | minus 23.5% |
| Median of 7 peers | – | −1.07% | 318 | 24.9 | 1.68 | 8.1% | 5.9% | 26.5% | 5.2% | −2.1% | 0.00% | −9.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41.2 | 38.9 | 51.8 | 65.9 | 45.8 | |
| 35.6 | 33.8 | 47.1 | 56.7 | 37.5 | |
| 5.6 | 5.1 | 4.7 | 9.1 | 8.3 | |
| 13.6% | 13.1% | 9.1% | 13.9% | 18.2% | |
| 0 | 0 | 6.7 | 0.8 | 0.1 | |
| 1.5 | 2.4 | 5.4 | 2.3 | 3.8 | |
| 3.4 | 5.2 | 4.5 | 4.7 | 4.5 | |
| −0.1 | −0.2 | −0 | −0.9 | −0 | |
| 0.6 | −2.7 | 1.4 | 2.1 | 0.1 | |
| – | −7.7% | −15.1% | −66.9% | – | |
| 0.6 | −2.9 | 1.6 | 3.6 | 0.1 | |
| 0.02 | -0.08 | 0.04 | 0.10 | – |
Profit & loss
- Sales CAGR 3Y
- +2.9%
- ROE
- 1.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 181 | 185 | 168 | 198 | |
| – | +1.7% | minus 9.1% | +17.9% | |
| 149 | 149 | 140 | 173 | |
| 32.2 | 35.9 | 27.7 | 24.6 | |
| 17.7% | 19.4% | 16.5% | 12.4% | |
| −1 | −0 | 7.3 | 7.5 | |
| 16.2 | 14.5 | 14.4 | 11.7 | |
| 12.2 | 14.3 | 15.2 | 17.7 | |
| 0 | −2.2 | −0.2 | −1.2 | |
| 2.9 | 4.8 | 5.2 | 1.5 | |
| 168.6% | 76.6% | 115.9% | −96.3% | |
| −2 | 1.1 | −0.8 | 2.9 | |
| -0.10 | 0.03 | -0.02 | 0.08 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19.2 | 29 | 35.8 | 36.3 | |
| 17.1 | 96.8 | 123 | 130 | |
| 143 | 111 | 150 | 110 | |
| 59.8 | 51.3 | 68.1 | 90.8 | |
| 239 | 288 | 377 | 368 | |
| 77.9 | 98.5 | 148 | 149 | |
| 0.5 | 0.5 | 0.5 | 0.5 | |
| 0.2 | 0.3 | 0.2 | 0.1 | |
| −0.5 | 0.5 | 0.2 | 5.5 | |
| 161 | 188 | 229 | 213 | |
| 239 | 288 | 377 | 368 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20.1 | 11.2 | 28.5 | 31.4 | |
| −7.7 | −32.1 | −64 | −14.8 | |
| −12.9 | 21.9 | 34.5 | −12.2 | |
| −0.5 | 1 | −1.1 | 4.3 | |
| −8.3 | −33.6 | −82.9 | −16 | |
| 11.8 | −22.4 | −54.4 | 15.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.