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Name of Company | OK Play |
BSE Code | 526415 |
NSE Code |
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ICICI Code | |
Established | 1988 |
My Take | Disike |
Headquarters | |
Promoters | Rajan Handa |
Story | At Rs. 30, the market cap is 47 Cr. Annual revenues of FY09 are 37 Cr. Setup as aquapure containers to manufacture water storage tanks. Acquired a british toy manufacturing company called OK play in 1992 and changed its name to OK PLAY India. Also got into an agreement with Purform, NZ to manufacture mannequins on their behalf. |
Sector | Plastics |
Sub-sector | Gifts, mannequins, Toys, auto related plastics (tanks, seats). |
Website | |
Positives | Superb website, 66% promoter holding, |
Negatives | Wavery results, No bonus/dividends, Almost flat growth since FYo6 till FY10. They claim to be in toys, mannequins, auto plastics but they are not providing segment wise revenue. In an interview with moneycontrol, Rajan says they make plastic parts for 7 million in FY06. Even a Rs.100 cost per piece would have got revenues up to 70 Crores – but annual revenue was 40 Cr. |
Peers | Hanung toys |
News |
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May 16, 2010
OK Play 526415
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