Share Price and Basic Stock Data
Last Updated: January 2, 2026, 4:59 pm
| PEG Ratio | -4.02 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Associated Ceramics Ltd operates in the refractories industry and has reported a current market capitalization of ₹65.8 Cr with a share price of ₹219. The company has demonstrated fluctuating revenue trends over recent quarters. For instance, sales stood at ₹14.70 Cr in September 2022, dipped to ₹7.99 Cr in June 2023, but rebounded to ₹18.78 Cr by March 2023. The latest reported figure for September 2023 was ₹9.13 Cr, indicating a recovery phase. On an annual basis, the company reported total sales of ₹55.80 Cr for the fiscal year ending March 2023, which saw a decline to ₹40.54 Cr in March 2024, before rebounding to ₹41.83 Cr in March 2025. The trailing twelve months (TTM) revenue was ₹48.51 Cr, reflecting the company’s ability to stabilize its revenue streams amidst market fluctuations. Overall, the company’s revenue performance has shown resilience, albeit with periodic volatility that may require strategic focus to enhance growth stability.
Profitability and Efficiency Metrics
Associated Ceramics Ltd reported an operating profit margin (OPM) of 18.77%, demonstrating a solid profitability profile relative to the industry. The latest quarterly OPM for September 2023 was markedly high at 27.60%, showcasing the company’s capacity to manage costs effectively during that period. The net profit for the fiscal year ending March 2025 was ₹2.16 Cr, with earnings per share (EPS) of ₹10.56, indicating a recovery from the previous year where net profit was only ₹0.86 Cr. The interest coverage ratio (ICR) stood at a robust 21.36x, suggesting that the company is well-positioned to meet its interest obligations comfortably. However, it is essential to note that the company’s return on equity (ROE) is currently at 9.55%, which is below the typical industry standard, indicating room for improvement in shareholder returns. With a cash conversion cycle of 143.80 days, efficiency in managing working capital remains a focal point for operational improvement.
Balance Sheet Strength and Financial Ratios
The balance sheet of Associated Ceramics Ltd reflects a conservative financial structure, with total borrowings recorded at ₹2.14 Cr against total reserves of ₹23.61 Cr. This results in a debt-to-equity ratio of 0.06, indicating a low reliance on external debt, which is favorable in terms of financial stability. The company’s current ratio is reported at 1.01, suggesting adequate liquidity to cover short-term liabilities. The book value per share is ₹103.24, representing a solid foundation for equity valuation. The price-to-book value (P/BV) ratio is 2.16x, indicating that investors are willing to pay a premium for the company’s assets, reflecting confidence in its long-term value. The return on capital employed (ROCE) has improved to 10.78%, yet remains below optimal levels seen in the industry. This suggests that while the company is generating profits, there is potential for enhanced capital efficiency that could drive higher returns for shareholders.
Shareholding Pattern and Investor Confidence
As of the latest reports, promoters hold a significant 55.35% stake in Associated Ceramics Ltd, reflecting strong insider confidence in the company’s future prospects. Public shareholding constitutes 44.66%, with a notable increase in the number of shareholders from 484 in December 2022 to 1,504 by September 2025. This growth in shareholder base indicates rising interest and confidence among retail investors. However, the absence of foreign institutional investors (FIIs) may signal a lack of broader institutional interest, which could impact liquidity and market perception. The increasing number of shareholders is a positive indicator of increased retail participation, but the concentration of ownership among promoters could pose risks regarding governance and decision-making. Overall, the shareholding structure suggests a stable foundation, yet highlights the importance of enhancing broader investor engagement to foster liquidity and market confidence.
Outlook, Risks, and Final Insight
Looking ahead, Associated Ceramics Ltd faces a mixed outlook characterized by both opportunities and challenges. The recent recovery in sales and profitability metrics indicates a potential for growth, particularly if the company can stabilize its operations and manage costs effectively. However, risks include the volatility in revenue and the company’s relatively low ROE compared to sector averages, which may deter potential investors. Additionally, the reliance on a concentrated promoter stake poses governance risks that could affect strategic decision-making. To enhance its market positioning, the company should focus on diversifying its investor base and improving operational efficiencies to boost profitability. If the company successfully navigates these challenges, it could leverage its strong foundation and favorable market dynamics to achieve sustainable growth in the refractories sector. Conversely, failure to address these risks may hinder its ability to capitalize on market opportunities.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Morganite Crucible (India) Ltd | 865 Cr. | 1,545 | 1,964/1,170 | 34.2 | 242 | 3.17 % | 30.4 % | 21.4 % | 5.00 |
| Associated Ceramics Ltd | 65.8 Cr. | 219 | 264/177 | 20.4 | 86.2 | 0.00 % | 10.8 % | 9.55 % | 10.0 |
| Vesuvius India Ltd | 9,772 Cr. | 481 | 647/356 | 40.1 | 75.0 | 0.30 % | 25.5 % | 19.3 % | 1.00 |
| IFGL Refractories Ltd | 1,540 Cr. | 214 | 340/163 | 51.8 | 158 | 1.64 % | 5.71 % | 3.94 % | 10.0 |
| Industry Average | 4,059.00 Cr | 614.75 | 36.63 | 140.30 | 1.28% | 18.10% | 13.55% | 6.50 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14.70 | 12.74 | 18.78 | 7.99 | 9.13 | 13.31 | 10.13 | 8.95 | 12.37 | 9.35 | 11.27 | 12.81 | 15.08 |
| Expenses | 14.29 | 9.71 | 16.29 | 7.97 | 6.61 | 11.32 | 9.76 | 6.50 | 11.37 | 7.52 | 10.86 | 11.13 | 12.25 |
| Operating Profit | 0.41 | 3.03 | 2.49 | 0.02 | 2.52 | 1.99 | 0.37 | 2.45 | 1.00 | 1.83 | 0.41 | 1.68 | 2.83 |
| OPM % | 2.79% | 23.78% | 13.26% | 0.25% | 27.60% | 14.95% | 3.65% | 27.37% | 8.08% | 19.57% | 3.64% | 13.11% | 18.77% |
| Other Income | 0.04 | 0.03 | 0.47 | 0.13 | 0.08 | 0.08 | 0.45 | 0.01 | 0.03 | 0.02 | 1.32 | 0.17 | 0.18 |
| Interest | 0.10 | 0.13 | 0.03 | 0.04 | 0.05 | 0.12 | 0.14 | 0.05 | 0.06 | 0.11 | 0.12 | 0.06 | 0.05 |
| Depreciation | 0.23 | 0.23 | 0.89 | 0.59 | 1.23 | 0.97 | 0.77 | 0.83 | 0.84 | 0.88 | 0.86 | 0.82 | 0.86 |
| Profit before tax | 0.12 | 2.70 | 2.04 | -0.48 | 1.32 | 0.98 | -0.09 | 1.58 | 0.13 | 0.86 | 0.75 | 0.97 | 2.10 |
| Tax % | 0.00% | 0.00% | 77.94% | -25.00% | 25.76% | 25.51% | 444.44% | 25.95% | 23.08% | 23.26% | 66.67% | 25.77% | 25.24% |
| Net Profit | 0.13 | 2.70 | 0.44 | -0.35 | 0.98 | 0.72 | -0.49 | 1.17 | 0.09 | 0.66 | 0.25 | 0.73 | 1.58 |
| EPS in Rs | 0.43 | 8.99 | 1.46 | -1.16 | 3.26 | 2.40 | -1.63 | 3.89 | 0.30 | 2.20 | 0.83 | 2.43 | 5.26 |
Last Updated: December 28, 2025, 12:16 am
Below is a detailed analysis of the quarterly data for Associated Ceramics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 15.08 Cr.. The value appears strong and on an upward trend. It has increased from 12.81 Cr. (Jun 2025) to 15.08 Cr., marking an increase of 2.27 Cr..
- For Expenses, as of Sep 2025, the value is 12.25 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.13 Cr. (Jun 2025) to 12.25 Cr., marking an increase of 1.12 Cr..
- For Operating Profit, as of Sep 2025, the value is 2.83 Cr.. The value appears strong and on an upward trend. It has increased from 1.68 Cr. (Jun 2025) to 2.83 Cr., marking an increase of 1.15 Cr..
- For OPM %, as of Sep 2025, the value is 18.77%. The value appears strong and on an upward trend. It has increased from 13.11% (Jun 2025) to 18.77%, marking an increase of 5.66%.
- For Other Income, as of Sep 2025, the value is 0.18 Cr.. The value appears strong and on an upward trend. It has increased from 0.17 Cr. (Jun 2025) to 0.18 Cr., marking an increase of 0.01 Cr..
- For Interest, as of Sep 2025, the value is 0.05 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.06 Cr. (Jun 2025) to 0.05 Cr., marking a decrease of 0.01 Cr..
- For Depreciation, as of Sep 2025, the value is 0.86 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.82 Cr. (Jun 2025) to 0.86 Cr., marking an increase of 0.04 Cr..
- For Profit before tax, as of Sep 2025, the value is 2.10 Cr.. The value appears strong and on an upward trend. It has increased from 0.97 Cr. (Jun 2025) to 2.10 Cr., marking an increase of 1.13 Cr..
- For Tax %, as of Sep 2025, the value is 25.24%. The value appears to be improving (decreasing) as expected. It has decreased from 25.77% (Jun 2025) to 25.24%, marking a decrease of 0.53%.
- For Net Profit, as of Sep 2025, the value is 1.58 Cr.. The value appears strong and on an upward trend. It has increased from 0.73 Cr. (Jun 2025) to 1.58 Cr., marking an increase of 0.85 Cr..
- For EPS in Rs, as of Sep 2025, the value is 5.26. The value appears strong and on an upward trend. It has increased from 2.43 (Jun 2025) to 5.26, marking an increase of 2.83.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:09 am
| Metric | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.51 | 16.64 | 25.07 | 19.52 | 16.74 | 27.38 | 33.79 | 31.25 | 38.37 | 55.80 | 40.54 | 41.83 | 48.51 |
| Expenses | 24.34 | 15.90 | 22.93 | 20.71 | 16.91 | 24.17 | 29.56 | 26.67 | 32.28 | 48.16 | 35.59 | 36.10 | 41.76 |
| Operating Profit | 2.17 | 0.74 | 2.14 | -1.19 | -0.17 | 3.21 | 4.23 | 4.58 | 6.09 | 7.64 | 4.95 | 5.73 | 6.75 |
| OPM % | 8.19% | 4.45% | 8.54% | -6.10% | -1.02% | 11.72% | 12.52% | 14.66% | 15.87% | 13.69% | 12.21% | 13.70% | 13.91% |
| Other Income | 0.16 | 0.24 | 0.08 | 0.37 | 0.70 | 0.30 | 0.75 | 0.97 | 0.37 | 0.61 | 0.74 | 1.37 | 1.69 |
| Interest | 0.63 | 0.09 | 0.45 | 1.09 | 0.89 | 0.47 | 0.41 | 0.22 | 0.12 | 0.51 | 0.41 | 0.38 | 0.34 |
| Depreciation | 0.91 | 0.61 | 1.09 | 1.79 | 1.56 | 1.33 | 1.27 | 1.13 | 0.99 | 1.57 | 3.56 | 3.41 | 3.42 |
| Profit before tax | 0.79 | 0.28 | 0.68 | -3.70 | -1.92 | 1.71 | 3.30 | 4.20 | 5.35 | 6.17 | 1.72 | 3.31 | 4.68 |
| Tax % | 31.65% | 17.86% | 239.71% | -14.05% | 4.17% | -10.53% | 1.52% | -7.86% | 21.68% | 25.77% | 50.58% | 34.74% | |
| Net Profit | 0.54 | 0.23 | -0.94 | -3.16 | -2.00 | 1.88 | 3.26 | 4.54 | 4.18 | 4.58 | 0.86 | 2.16 | 3.22 |
| EPS in Rs | 1.80 | 0.77 | -3.13 | -10.52 | -6.66 | 6.26 | 10.85 | 15.11 | 13.91 | 15.24 | 2.86 | 7.19 | 10.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -508.70% | -236.17% | 36.71% | 194.00% | 73.40% | 39.26% | -7.93% | 9.57% | -81.22% | 151.16% |
| Change in YoY Net Profit Growth (%) | 0.00% | 272.53% | 272.88% | 157.29% | -120.60% | -34.14% | -47.19% | 17.50% | -90.79% | 232.39% |
Associated Ceramics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 4% |
| 3 Years: | 3% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 43% |
| 5 Years: | -8% |
| 3 Years: | -20% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| Last Year: | 10% |
Last Updated: September 5, 2025, 2:26 pm
Balance Sheet
Last Updated: December 4, 2025, 2:26 am
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 |
| Reserves | 14.12 | 14.36 | 13.38 | 9.66 | 7.65 | 9.53 | 12.79 | 17.32 | 21.49 | 18.33 | 19.18 | 21.30 | 23.61 |
| Borrowings | 6.09 | 4.99 | 14.09 | 13.79 | 12.02 | 3.50 | 5.77 | 7.55 | 5.14 | 16.07 | 16.76 | 6.50 | 2.14 |
| Other Liabilities | 8.28 | 8.00 | 7.74 | 7.36 | 5.30 | 8.86 | 7.46 | 4.47 | 4.67 | 10.63 | 9.32 | 15.57 | 9.81 |
| Total Liabilities | 30.77 | 29.63 | 37.49 | 33.09 | 27.25 | 24.17 | 28.30 | 31.62 | 33.58 | 47.31 | 47.54 | 45.65 | 37.84 |
| Fixed Assets | 6.52 | 5.49 | 13.74 | 12.66 | 11.12 | 10.14 | 9.74 | 10.77 | 10.95 | 25.29 | 25.07 | 22.67 | 21.29 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.10 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.13 | 0.25 | 0.25 | 0.59 | 0.56 | 0.99 | 0.66 | 1.37 | 1.69 | 1.55 | 1.80 | 2.27 | 2.27 |
| Other Assets | 24.12 | 23.89 | 23.50 | 19.84 | 15.57 | 13.04 | 17.90 | 19.48 | 16.84 | 20.47 | 20.67 | 20.71 | 14.28 |
| Total Assets | 30.77 | 29.63 | 37.49 | 33.09 | 27.25 | 24.17 | 28.30 | 31.62 | 33.58 | 47.31 | 47.54 | 45.65 | 37.84 |
Below is a detailed analysis of the balance sheet data for Associated Ceramics Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 2.28 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.28 Cr..
- For Reserves, as of Sep 2025, the value is 23.61 Cr.. The value appears strong and on an upward trend. It has increased from 21.30 Cr. (Mar 2025) to 23.61 Cr., marking an increase of 2.31 Cr..
- For Borrowings, as of Sep 2025, the value is 2.14 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 6.50 Cr. (Mar 2025) to 2.14 Cr., marking a decrease of 4.36 Cr..
- For Other Liabilities, as of Sep 2025, the value is 9.81 Cr.. The value appears to be improving (decreasing). It has decreased from 15.57 Cr. (Mar 2025) to 9.81 Cr., marking a decrease of 5.76 Cr..
- For Total Liabilities, as of Sep 2025, the value is 37.84 Cr.. The value appears to be improving (decreasing). It has decreased from 45.65 Cr. (Mar 2025) to 37.84 Cr., marking a decrease of 7.81 Cr..
- For Fixed Assets, as of Sep 2025, the value is 21.29 Cr.. The value appears to be declining and may need further review. It has decreased from 22.67 Cr. (Mar 2025) to 21.29 Cr., marking a decrease of 1.38 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 2.27 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2.27 Cr..
- For Other Assets, as of Sep 2025, the value is 14.28 Cr.. The value appears to be declining and may need further review. It has decreased from 20.71 Cr. (Mar 2025) to 14.28 Cr., marking a decrease of 6.43 Cr..
- For Total Assets, as of Sep 2025, the value is 37.84 Cr.. The value appears to be declining and may need further review. It has decreased from 45.65 Cr. (Mar 2025) to 37.84 Cr., marking a decrease of 7.81 Cr..
Notably, the Reserves (23.61 Cr.) exceed the Borrowings (2.14 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -3.92 | -4.25 | -11.95 | -14.98 | -12.19 | -0.29 | -1.54 | -2.97 | 0.95 | -8.43 | -11.81 | -0.77 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98.86 | 73.26 | 59.40 | 121.92 | 124.07 | 37.33 | 51.63 | 91.92 | 29.30 | 38.99 | 54.47 | 43.28 |
| Inventory Days | 254.44 | 605.87 | 316.46 | 253.16 | 331.45 | 207.83 | 166.51 | 163.69 | 246.15 | 145.79 | 145.43 | 189.34 |
| Days Payable | 100.30 | 126.86 | 95.58 | 113.88 | 123.58 | 113.31 | 51.59 | 54.62 | 60.57 | 68.85 | 72.51 | 88.82 |
| Cash Conversion Cycle | 253.00 | 552.28 | 280.28 | 261.20 | 331.94 | 131.84 | 166.55 | 200.99 | 214.88 | 115.93 | 127.39 | 143.80 |
| Working Capital Days | 206.11 | 236.90 | 120.40 | 77.79 | 70.86 | 40.26 | 69.02 | 108.04 | 77.81 | 20.41 | -80.76 | -30.54 |
| ROCE % | 6.33% | 4.36% | -9.37% | -4.03% | 12.88% | 20.36% | 17.96% | 19.62% | 20.31% | 5.69% | 10.78% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 10.56 | 4.19 | 22.38 | 18.32 | 19.86 |
| Diluted EPS (Rs.) | 10.56 | 4.19 | 22.38 | 18.32 | 19.86 |
| Cash EPS (Rs.) | 24.39 | 19.33 | 26.89 | 22.66 | 24.80 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 103.24 | 93.95 | 124.09 | 103.65 | 85.74 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 103.24 | 93.95 | 124.09 | 104.06 | 85.79 |
| Revenue From Operations / Share (Rs.) | 183.57 | 177.48 | 244.20 | 167.94 | 136.76 |
| PBDIT / Share (Rs.) | 30.86 | 24.67 | 34.44 | 28.26 | 23.80 |
| PBIT / Share (Rs.) | 15.91 | 9.09 | 27.58 | 23.92 | 18.86 |
| PBT / Share (Rs.) | 14.47 | 7.55 | 27.00 | 23.39 | 18.39 |
| Net Profit / Share (Rs.) | 9.45 | 3.75 | 20.02 | 18.32 | 19.86 |
| PBDIT Margin (%) | 16.80 | 13.89 | 14.10 | 16.82 | 17.40 |
| PBIT Margin (%) | 8.66 | 5.12 | 11.29 | 14.24 | 13.79 |
| PBT Margin (%) | 7.88 | 4.25 | 11.05 | 13.92 | 13.44 |
| Net Profit Margin (%) | 5.14 | 2.11 | 8.20 | 10.90 | 14.52 |
| Return on Networth / Equity (%) | 9.15 | 3.99 | 16.13 | 17.67 | 23.16 |
| Return on Capital Employeed (%) | 14.47 | 9.20 | 20.51 | 21.02 | 19.73 |
| Return On Assets (%) | 4.72 | 1.80 | 10.26 | 12.46 | 14.35 |
| Total Debt / Equity (X) | 0.06 | 0.32 | 0.22 | 0.13 | 0.28 |
| Asset Turnover Ratio (%) | 0.90 | 0.88 | 1.43 | 1.18 | 1.04 |
| Current Ratio (X) | 1.01 | 0.82 | 1.28 | 2.22 | 1.99 |
| Quick Ratio (X) | 0.54 | 0.54 | 0.47 | 0.79 | 1.03 |
| Inventory Turnover Ratio (X) | 5.04 | 2.45 | 2.97 | 2.33 | 1.77 |
| Interest Coverage Ratio (X) | 21.36 | 15.98 | 23.19 | 68.69 | 24.63 |
| Interest Coverage Ratio (Post Tax) (X) | 7.54 | 3.43 | 13.87 | 45.81 | 21.04 |
| Enterprise Value (Cr.) | 48.72 | 163.29 | 10.79 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 1.16 | 4.03 | 0.19 | 0.00 | 0.00 |
| EV / EBITDA (X) | 6.91 | 28.97 | 1.37 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 1.21 | 3.97 | 0.05 | 0.00 | 0.00 |
| Price / BV (X) | 2.16 | 7.50 | 0.11 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 1.21 | 3.97 | 0.05 | 0.00 | 0.00 |
| EarningsYield | 0.04 | 0.01 | 1.41 | 0.00 | 0.00 |
After reviewing the key financial ratios for Associated Ceramics Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 10.56. This value is within the healthy range. It has increased from 4.19 (Mar 24) to 10.56, marking an increase of 6.37.
- For Diluted EPS (Rs.), as of Mar 25, the value is 10.56. This value is within the healthy range. It has increased from 4.19 (Mar 24) to 10.56, marking an increase of 6.37.
- For Cash EPS (Rs.), as of Mar 25, the value is 24.39. This value is within the healthy range. It has increased from 19.33 (Mar 24) to 24.39, marking an increase of 5.06.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 103.24. It has increased from 93.95 (Mar 24) to 103.24, marking an increase of 9.29.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 103.24. It has increased from 93.95 (Mar 24) to 103.24, marking an increase of 9.29.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 183.57. It has increased from 177.48 (Mar 24) to 183.57, marking an increase of 6.09.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 30.86. This value is within the healthy range. It has increased from 24.67 (Mar 24) to 30.86, marking an increase of 6.19.
- For PBIT / Share (Rs.), as of Mar 25, the value is 15.91. This value is within the healthy range. It has increased from 9.09 (Mar 24) to 15.91, marking an increase of 6.82.
- For PBT / Share (Rs.), as of Mar 25, the value is 14.47. This value is within the healthy range. It has increased from 7.55 (Mar 24) to 14.47, marking an increase of 6.92.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 9.45. This value is within the healthy range. It has increased from 3.75 (Mar 24) to 9.45, marking an increase of 5.70.
- For PBDIT Margin (%), as of Mar 25, the value is 16.80. This value is within the healthy range. It has increased from 13.89 (Mar 24) to 16.80, marking an increase of 2.91.
- For PBIT Margin (%), as of Mar 25, the value is 8.66. This value is below the healthy minimum of 10. It has increased from 5.12 (Mar 24) to 8.66, marking an increase of 3.54.
- For PBT Margin (%), as of Mar 25, the value is 7.88. This value is below the healthy minimum of 10. It has increased from 4.25 (Mar 24) to 7.88, marking an increase of 3.63.
- For Net Profit Margin (%), as of Mar 25, the value is 5.14. This value is within the healthy range. It has increased from 2.11 (Mar 24) to 5.14, marking an increase of 3.03.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.15. This value is below the healthy minimum of 15. It has increased from 3.99 (Mar 24) to 9.15, marking an increase of 5.16.
- For Return on Capital Employeed (%), as of Mar 25, the value is 14.47. This value is within the healthy range. It has increased from 9.20 (Mar 24) to 14.47, marking an increase of 5.27.
- For Return On Assets (%), as of Mar 25, the value is 4.72. This value is below the healthy minimum of 5. It has increased from 1.80 (Mar 24) to 4.72, marking an increase of 2.92.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.06. This value is within the healthy range. It has decreased from 0.32 (Mar 24) to 0.06, marking a decrease of 0.26.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.90. It has increased from 0.88 (Mar 24) to 0.90, marking an increase of 0.02.
- For Current Ratio (X), as of Mar 25, the value is 1.01. This value is below the healthy minimum of 1.5. It has increased from 0.82 (Mar 24) to 1.01, marking an increase of 0.19.
- For Quick Ratio (X), as of Mar 25, the value is 0.54. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 24) which recorded 0.54.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.04. This value is within the healthy range. It has increased from 2.45 (Mar 24) to 5.04, marking an increase of 2.59.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 21.36. This value is within the healthy range. It has increased from 15.98 (Mar 24) to 21.36, marking an increase of 5.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 7.54. This value is within the healthy range. It has increased from 3.43 (Mar 24) to 7.54, marking an increase of 4.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 48.72. It has decreased from 163.29 (Mar 24) to 48.72, marking a decrease of 114.57.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.16. This value is within the healthy range. It has decreased from 4.03 (Mar 24) to 1.16, marking a decrease of 2.87.
- For EV / EBITDA (X), as of Mar 25, the value is 6.91. This value is within the healthy range. It has decreased from 28.97 (Mar 24) to 6.91, marking a decrease of 22.06.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.21. This value is within the healthy range. It has decreased from 3.97 (Mar 24) to 1.21, marking a decrease of 2.76.
- For Price / BV (X), as of Mar 25, the value is 2.16. This value is within the healthy range. It has decreased from 7.50 (Mar 24) to 2.16, marking a decrease of 5.34.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.21. This value is within the healthy range. It has decreased from 3.97 (Mar 24) to 1.21, marking a decrease of 2.76.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.04, marking an increase of 0.03.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Associated Ceramics Ltd:
- Net Profit Margin: 5.14%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 14.47% (Industry Average ROCE: 18.1%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.15% (Industry Average ROE: 13.55%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 7.54
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.54
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 20.4 (Industry average Stock P/E: 36.63)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.06
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.14%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Refractories | 17, Ganesh Chandra Avenue, 4th Floor, Kolkata West Bengal 700013 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Arun Agarwal | Managing Director |
| Mr. Sharad Agarwal | Executive Director |
| Mrs. Sumana Bose | Independent Director |
| Mr. Abhishek Agarwal | Independent Director |
| Mr. Nitesh Singh | Independent Director |
FAQ
What is the intrinsic value of Associated Ceramics Ltd?
Associated Ceramics Ltd's intrinsic value (as of 05 January 2026) is ₹137.03 which is 37.43% lower the current market price of ₹219.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹65.8 Cr. market cap, FY2025-2026 high/low of ₹264/177, reserves of ₹23.61 Cr, and liabilities of ₹37.84 Cr.
What is the Market Cap of Associated Ceramics Ltd?
The Market Cap of Associated Ceramics Ltd is 65.8 Cr..
What is the current Stock Price of Associated Ceramics Ltd as on 05 January 2026?
The current stock price of Associated Ceramics Ltd as on 05 January 2026 is ₹219.
What is the High / Low of Associated Ceramics Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Associated Ceramics Ltd stocks is ₹264/177.
What is the Stock P/E of Associated Ceramics Ltd?
The Stock P/E of Associated Ceramics Ltd is 20.4.
What is the Book Value of Associated Ceramics Ltd?
The Book Value of Associated Ceramics Ltd is 86.2.
What is the Dividend Yield of Associated Ceramics Ltd?
The Dividend Yield of Associated Ceramics Ltd is 0.00 %.
What is the ROCE of Associated Ceramics Ltd?
The ROCE of Associated Ceramics Ltd is 10.8 %.
What is the ROE of Associated Ceramics Ltd?
The ROE of Associated Ceramics Ltd is 9.55 %.
What is the Face Value of Associated Ceramics Ltd?
The Face Value of Associated Ceramics Ltd is 10.0.