---
title: "Opto Circuits (India) Ltd (OPTOCIRCUI) — Share Price, Financials & Analysis"
symbol: "OPTOCIRCUI"
company: "Opto Circuits (India) Ltd"
canonical: "https://tapetide.com/stocks/OPTOCIRCUI"
isin: "INE808B01016"
nse_symbol: "OPTOCIRCUI"
bse_code: "532391"
sector: "Healthcare"
industry: "Healthcare Equipment & Supplies"
generated_at: "2026-09-13T18:44:40.277Z"
---

# Opto Circuits (India) Ltd (OPTOCIRCUI)

Canonical page: https://tapetide.com/stocks/OPTOCIRCUI

## Company

- **NSE Symbol:** OPTOCIRCUI
- **BSE Code:** 532391
- **ISIN:** INE808B01016
- **Sector:** Healthcare
- **Industry:** Healthcare Equipment & Supplies
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** optocircuits.com

## About

Incorporated in 1992, Opto Circuits (India) Ltd 
is engaged in the manufacturing and trading of invasive and non-invasive medical equipment.

## Latest Price

- **Price:** ₹1.8
- **Change:** 0 (0%)
- **Open:** ₹1.8
- **Day High:** ₹1.85
- **Day Low:** ₹1.8
- **Previous Close:** ₹1.8
- **Volume:** 0
- **As Of:** 2022-05-23T04:29:55+00:00

## Key Insights

### Weaknesses

- The company has delivered a poor sales growth of -65.4% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 651% | -11% | 80% |
| revenue growth | -97% | -87% | -65% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Dec 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 27 | 23 | 8 | 23 | 8 | 8 | 1 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 14 | 13 | 8 | 15 | 10 | 6 | 3 | 1 | 2 | 1 | 1 | 14 |
| Operating Profit | 13 | 10 | 0 | 8 | -2 | 2 | -2 | -1 | -2 | -1 | -1 | -14 |
| OPM % | 48 | 45 | 2.8 | 34 | -22 | 22 | -349 | -1117 | -2244 | -1444 | -4350 | -69550 |
| Other Income | 0 | 0 | -856 | 1 | -350 | 0 | 2 | 0 | 0 | 0 | 0 | -142 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 10 | 8 | -856 | 9 | -352 | 1 | -1 | -2 | -2 | -1 | -1 | -155 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 10 | 8 | -856 | 9 | -352 | 1 | -1 | -2 | -2 | -1 | -1 | -155 |
| EPS in Rs | 0.34 | 0.28 | -28.48 | 0.29 | -11.72 | 0.05 | -0.02 | -0.06 | -0.07 | -0.04 | -0.03 | -5.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 699 | 263 | 146 | 77 | 50 | 63 | 105 | 63 | 8 | 0 |
| Expenses | 423 | 148 | 93 | 53 | 35 | 43 | 63 | 46 | 12 | 18 |
| Operating Profit | 276 | 115 | 53 | 23 | 15 | 20 | 42 | 17 | -4 | -17 |
| OPM % | 39 | 44 | 36 | 31 | 30 | 32 | 40 | 27 | -45 | -6924 |
| Other Income | -2 | -2 | -187 | 0 | -362 | 0 | 3 | -1204 | 2 | -141 |
| Interest | 22 | 54 | 58 | 32 | 8 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 7 | 8 | 10 | 10 | 9 | 9 | 9 | 3 | 1 | 0 |
| Profit before tax | 245 | 52 | -201 | -18 | -364 | 10 | 35 | -1192 | -3 | -159 |
| Tax % | 2 | 18 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 241 | 42 | -202 | -18 | -364 | 10 | 35 | -1192 | -3 | -159 |
| EPS in Rs | 9.95 | 1.74 | -8.32 | -0.74 | -15.02 | 0.35 | 1.16 | -39.63 | -0.09 | -5.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 242 | 242 | 242 | 242 | 242 | 288 | 301 | 301 | 301 | 301 |
| Reserves | 1212 | 1254 | 1043 | 1025 | 650 | 836 | 876 | -262 | -264 | -423 |
| Borrowings | 814 | 881 | 887 | 710 | 714 | 549 | 530 | 489 | 478 | 482 |
| Other Liabilities | 207 | 146 | 253 | 282 | 96 | 102 | 118 | 131 | 106 | 68 |
| Total Liabilities | 2475 | 2524 | 2424 | 2258 | 1702 | 1774 | 1824 | 659 | 620 | 428 |
| Fixed Assets | 121 | 113 | 95 | 85 | 78 | 69 | 60 | 12 | 11 | 11 |
| CWIP | 1 | 1 | 0 | 102 | 102 | 157 | 158 | 0 | 0 | 0 |
| Investments | 382 | 382 | 382 | 382 | 382 | 437 | 447 | 202 | 202 | 20 |
| Other Assets | 1971 | 2028 | 1948 | 1689 | 1141 | 1112 | 1159 | 445 | 407 | 397 |
| Total Assets | 2475 | 2524 | 2424 | 2258 | 1702 | 1774 | 1824 | 659 | 620 | 428 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -93 | -16 | 56 | 335 | 57 | 47 | 42 | 21 | -5 | -3 |
| Cash from Investing Activity | -19 | 0 | 0 | -49 | -56 | -1 | -11 | 19 | 2 | -2 |
| Cash from Financing Activity | 69 | 16 | -56 | -285 | -4 | -46 | -30 | -41 | 2 | 5 |
| Net Cash Flow | -43 | 0 | -1 | 1 | -2 | 0 | 0 | -1 | 0 | 0 |
| Free Cash Flow | -147 | -16 | 56 | 333 | 56 | 46 | 41 | 21 | -3 | -3 |
| CFO/OP | -32 | -5 | 106 | 1427 | 382 | 231 | 101 | 127 | 124 | 19 |

### Ratios

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 305 | 854 | 1613 | 4 | 39 | 69 | 81 | 139 | 179 | 0 |
| Inventory Days | 336 | 1341 | 1943 | 3660 | 2459 | 394 | 237 | 475 | 1149 | 470 |
| Days Payable | 52 | 114 | 670 | 1827 | 173 | 292 | 289 | 792 | 4188 | 775 |
| Cash Conversion Cycle | 589 | 2082 | 2887 | 1837 | 2324 | 171 | 29 | -179 | -2860 | -305 |
| Working Capital Days | 495 | 1396 | 2023 | -1806 | -4111 | -2519 | -1474 | -2753 | -21186 | -671060 |
| ROCE % | 13 | 5 | 2 | 1 | 0 | 1 | 2 | 1 | -1 | 6 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Dec 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 24.91% | 21.53% | 19.3% | 19.48% | 18.52% |
| FIIs | 0.15% | 0.17% | 0.74% | 0.91% | 0.96% |
| DIIs | 1.87% | 1.57% | 0.8% | 0.6% | 0.02% |
| Public | 73.06% | 76.73% | 79.15% | 79.01% | 80.5% |
| No. of Shareholders | 99573 | 90309 | 85890 | 83095 | 96217 |

### Quarterly

| Category | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 21.53% | 21.53% | 21.56% | 20.95% | 19.3% | 19.48% | 19.48% | 19.48% | 19.48% | 19.48% | 18.52% | 18.52% |
| FIIs | 0.17% | 0.48% | 0.45% | 0.59% | 0.74% | 0.73% | 0.69% | 0.83% | 0.91% | 0.92% | 0.94% | 0.96% |
| DIIs | 1.57% | 1.56% | 1.3% | 1.28% | 0.8% | 0.81% | 0.61% | 0.82% | 0.6% | 0.61% | 0.02% | 0.02% |
| Public | 76.73% | 76.43% | 76.69% | 77.18% | 79.15% | 78.98% | 79.22% | 78.87% | 79.01% | 79% | 80.52% | 80.5% |
| No. of Shareholders | 90309 | 88361 | 87366 | 86786 | 85890 | 84869 | 84699 | 83805 | 83095 | 94119 | 95828 | 96217 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1464.56 | Buy |
| EMA (10) | 1480.15 | Buy |
| SMA (20) | 1465.63 | Buy |
| EMA (20) | 1473.92 | Buy |
| SMA (50) | 1482.54 | Buy |
| EMA (50) | 1466.12 | Buy |
| SMA (100) | 1430.48 | Buy |
| EMA (100) | 1438.39 | Buy |
| SMA (200) | 1394.36 | Buy |
| EMA (200) | 1400.39 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.77 | Neutral |
| MACD (12,26,9) | 3.58 | Buy |
| Stochastic (14,3,3) | 66.35 | Neutral |
| ADX (14) | 19.33 | Neutral |
| Williams %R (14) | -8.7 | Sell |
| ATR (14) | 61.02 | High Volatility |
| ROC (12) | 9.37 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 58.46 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2024-05-03 | [Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7615e925-dde1-4e69-ab5d-145a7725cf95.pdf) |
| 2024-05-03 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc409012-f064-4c79-bca4-b45fc8958934.pdf) |
| 2024-04-29 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=666e5bda-da4d-4466-ac72-08d23cd3b664.pdf) |
| 2024-03-07 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f03b45a-faba-4be5-8e9a-a71705538a8d.pdf) |
| 2024-02-09 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8f17a8f-cbfd-48ec-8ac7-ff7c8e4b5345.pdf) |
| 2024-01-23 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=186ed7fa-ee95-4d6e-8b34-9bb17f265b86.pdf) |
| 2023-12-29 | [Corporate Insolvency Resolution Process (CIRP)-Invitation of Resolution Plan](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f92b69e8-b478-4a7c-a614-9c2acdbf4fa8.pdf) |
| 2023-12-21 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41329b37-e932-43e2-961c-0ab424d3c19e.pdf) |
| 2023-12-21 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9931577c-e132-4cc1-aa4b-adde4d20571c.pdf) |
| 2023-12-21 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3e6fb1a-7c60-4667-9a47-9aca4b1a77cc.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb 2024 - Approval of resolution plans by CoC members. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 9 Feb 2024 - Approval of resolution plans by CoC members.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8f17a8f-cbfd-48ec-8ac7-ff7c8e4b5345.pdf) |
| 7 Mar 2024 - Approval for extension of CIRP period by 30 days. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 7 Mar 2024 - Approval for extension of CIRP period by 30 days.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f03b45a-faba-4be5-8e9a-a71705538a8d.pdf) |
| 3 May 2024 - Non-submission of Corporate Governance Report due to insolvency. | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) 3 May 2024 - Non-submission of Corporate Governance Report due to insolvency.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc409012-f064-4c79-bca4-b45fc8958934.pdf) |
| 3 May 2024 - Approval of resolution plan under insolvency process. | [Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal 3 May 2024 - Approval of resolution plan under insolvency process.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7615e925-dde1-4e69-ab5d-145a7725cf95.pdf) |
| 29 Apr 2024 - Update on Corporate Insolvency Resolution Process. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 29 Apr 2024 - Update on Corporate Insolvency Resolution Process.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/666e5bda-da4d-4466-ac72-08d23cd3b664.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_OPTOCIRCUI_2010_2011_11052012020404.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_OPTOCIRCUI_2009_2010_11052012020412.zip) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/68181532391.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532391/5323910313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:44:40.277Z.