diff --git a/charts/stable/odoo/Chart.yaml b/charts/stable/odoo/Chart.yaml
index 20b523a281f..6875e1fe28b 100644
--- a/charts/stable/odoo/Chart.yaml
+++ b/charts/stable/odoo/Chart.yaml
@@ -41,5 +41,5 @@ sources:
   - https://github.com/odoo/docker
   - https://github.com/truecharts/charts/tree/master/charts/stable/odoo
 type: application
-version: 20.3.15
+version: 20.3.16
 
diff --git a/charts/stable/odoo/values.yaml b/charts/stable/odoo/values.yaml
index aa14aa684fa..0f2772069d7 100644
--- a/charts/stable/odoo/values.yaml
+++ b/charts/stable/odoo/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: public.ecr.aws/docker/library/odoo
   pullPolicy: IfNotPresent
-  tag: 18.0@sha256:9ed1354116ba4ffe674a459d65180ce22ccd05bb714fbc8474be5692e8192dd0
+  tag: 18.0@sha256:6dc919e23f5dbed19f92caa427728a367acf1a02403fadeee8bd1fd2e7aec8ba
 securityContext:
   container:
     readOnlyRootFilesystem: false