Murudeshwar Ceramics Ltd
Incorporated in 1983, Murudeshwar
Ceramics Ltd manufacture and trades in wide range of Ceramic and Vitrified floor & Wall tiles[1]
- Market Cap ₹ 207 Cr.
- Current Price ₹ 34.0
- High / Low ₹ 70.9 / 30.1
- Stock P/E 26.6
- Book Value ₹ 60.7
- Dividend Yield 1.47 %
- ROCE 4.78 %
- ROE 1.45 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.56 times its book value
- Company has been maintaining a healthy dividend payout of 34.2%
- Debtor days have improved from 44.7 to 32.6 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.33% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ceramic Products Industry: Ceramics - Tiles / Sanitaryware
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
80 | 122 | 170 | 184 | 188 | |
72 | 96 | 140 | 154 | 157 | |
Operating Profit | 9 | 26 | 31 | 30 | 32 |
OPM % | 11% | 21% | 18% | 17% | 17% |
1 | 1 | 1 | 4 | 6 | |
Interest | 16 | 13 | 13 | 11 | 12 |
Depreciation | 10 | 10 | 11 | 12 | 14 |
Profit before tax | -16 | 4 | 7 | 11 | 12 |
Tax % | -26% | 42% | 10% | 55% | |
-12 | 2 | 7 | 5 | 8 | |
EPS in Rs | -2.27 | 0.39 | 1.14 | 0.85 | 1.28 |
Dividend Payout % | 0% | 0% | 44% | 59% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 29% |
3 Years: | 8% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 52 | 55 | 58 | 61 | 61 |
Reserves | 278 | 285 | 296 | 305 | 307 |
85 | 83 | 120 | 110 | 105 | |
56 | 53 | 67 | 73 | 86 | |
Total Liabilities | 472 | 476 | 541 | 548 | 558 |
297 | 298 | 297 | 361 | 355 | |
CWIP | 8 | 6 | 78 | 10 | 27 |
Investments | 108 | 10 | 10 | 10 | 131 |
59 | 162 | 156 | 167 | 46 | |
Total Assets | 472 | 476 | 541 | 548 | 558 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
0 | 23 | 43 | 31 | |
-6 | -13 | -82 | -5 | |
6 | -8 | 35 | -13 | |
Net Cash Flow | 0 | 3 | -4 | 13 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 144 | 66 | 35 | 33 |
Inventory Days | 0 | 1,201 | 975 | 954 |
Days Payable | 203 | 228 | 205 | |
Cash Conversion Cycle | 144 | 1,065 | 782 | 781 |
Working Capital Days | 513 | 347 | 214 | 191 |
ROCE % | 4% | 5% | 5% |
Documents
Announcements
- Closure of Trading Window 25 Mar
-
Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015.
18 Mar - Company fined for non-compliance with SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Credit Rating
27 Feb - Crisil upgrades Murudeshwar Ceramics' long-term rating.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Copy of the newspaper publication for results for the quarter and nine months ended 31.12.2024.
-
Integrated Filing (Financial)
10 Feb - Unaudited financial results for Q3 FY2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
MCL is a part of RN Shetty Group.It is an ISO: 9001-2000 certified manufacturer of glazed ceramic floor tiles, vitrified porcelain, and
natural granite slabs, which It sells directly to real estate entities and through retail sales channels.