Odel PLC

Odel PLC exhibits a distressed capital structure characterized by negative total equity of -5,298,289,070 LKR and substantial long-term debt of 24,032,039,790 LKR. The debt-to-equity ratio stands at -4.54, reflecting the negative equity position, while the current ratio of 0.2 indicates severe short-term liquidity constraints. Despite generating positive operating cash flow of 1,631,846,480 LKR, the company reports negative free cash flow of -3,105,135,440 LKR due to capital expenditures of 1,186,876,090 LKR. Total liabilities exceed total assets, with liabilities at 36,032,919,260 LKR against assets of 30,734,630,190 LKR.

Profitability metrics reveal significant operational challenges, with a net loss of 2,867,204,860 LKR and an operating loss of 917,421,360 LKR against revenue of 7,410,032,700 LKR. The return on assets is -0.1448, indicating inefficient asset utilization, while the reported return on equity of 0.84 is distorted by the negative equity base. The gross profit of 3,688,103,550 LKR suggests a gross margin of approximately 50%, but operating expenses and interest costs erode this into a net loss. Without cohort median data for direct comparison, the negative net income and negative ROA signal underperformance relative to typical retail sector benchmarks.

Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or regional exposure. The company’s revenue of 7,410,032,700 LKR is attributed to its unclassified activity within the Specialty Retail industry.

Historical performance trends are absent from the input data, limiting the ability to assess growth trajectory or revenue stability over time. The current financial snapshot represents a single period without comparative historical context.

Risk assessment identifies medium liquidity risk and low dilution risk. Key flags highlight that net cash is negative after subtracting total debt, reinforcing the liquidity concerns. The negative equity position and high leverage amplify financial risk, while the low dilution risk suggests limited immediate pressure from share issuance.

Recent filing, news, and transcript observations are not available in the input data. No specific recent events or management signals are disclosed to inform the current risk profile.

Return on equity of 0.84 ranks best in class among 2,662 peers, indicating superior capital efficiency relative to the cohort.

Debt-to-equity ratio of -4.54 is best in class, suggesting a distinct capital structure compared to the median peer.

Dilution risk is assessed as low, implying limited immediate threat to shareholder value from equity issuance.

Liquidity risk is flagged as medium, indicating potential difficulties in meeting short-term financial obligations.

Revenue LKR 7.30B, −11,5% YoY; Operating income −305,3% YoY.

• ▍Revenue LKR 7.30B, −11,5% YoY
• ▍Operating income −305,3% YoY
• ▍Net income −90,2% YoY
• ▍Free cash flow −14,1% YoY
• ▍Net margin -57.6%

Revenue LKR 8.25B, +12,1% YoY; Operating income +512,5% YoY.

• ▍Revenue LKR 8.25B, +12,1% YoY
• ▍Operating income +512,5% YoY
• ▍Net income −61,3% YoY
• ▍Free cash flow −59,9% YoY
• ▍Net margin -26.8%

Revenue LKR 7.36B; Operating income LKR 117.3M.

• ▍Revenue LKR 7.36B
• ▍Operating income LKR 117.3M
• ▍Net margin -18.6%