Share Price and Basic Stock Data
Last Updated: January 28, 2026, 4:49 pm
| PEG Ratio | -3.59 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Associated Ceramics Ltd operates in the refractory industry, primarily offering products essential for high-temperature applications. The company’s stock is priced at ₹205, with a market capitalization of ₹61.5 Cr. Over the past fiscal year, the company reported a significant sales increase, with total revenue standing at ₹55.80 Cr for the year ended March 2023. However, quarterly sales showed volatility, peaking at ₹18.78 Cr in March 2023 and declining to ₹7.99 Cr in June 2023 before recovering to ₹9.13 Cr in September 2023. The trailing twelve months (TTM) revenue amounted to ₹48.51 Cr, reflecting a resilient demand despite recent fluctuations. The company’s operational performance has seen variations, with operating profit margins (OPM) recorded at 18.77% in the latest reporting period, indicating healthy profitability relative to industry averages.
Profitability and Efficiency Metrics
Profitability metrics for Associated Ceramics Ltd demonstrate a mixed performance. The return on equity (ROE) stood at 9.55%, while the return on capital employed (ROCE) was reported at 10.8%, indicating a moderate efficiency in utilizing shareholder funds and capital. The company’s net profit for the fiscal year ending March 2025 was ₹2.16 Cr, translating to an earnings per share (EPS) of ₹7.19. Operating profit margins have exhibited resilience, with the latest OPM recorded at 13.70%, though it has shown fluctuations throughout the year. The interest coverage ratio (ICR) remained robust at 21.36x, suggesting that the company is comfortably able to meet its interest obligations. However, the cash conversion cycle (CCC) increased to 143.80 days, indicating potential inefficiencies in managing working capital, which could impact liquidity.
Balance Sheet Strength and Financial Ratios
Associated Ceramics Ltd’s balance sheet reflects a conservative capital structure, with borrowings amounting to ₹2.14 Cr against total reserves of ₹23.61 Cr, resulting in a low debt-to-equity ratio of 0.06. This indicates a strong equity base and minimal reliance on external debt, which enhances financial stability. The book value per share was reported at ₹103.24, suggesting that the stock is trading at a price-to-book value (P/BV) of 2.16x, higher than many peers in the sector. The current ratio stood at 1.01, demonstrating adequate short-term liquidity. The company has maintained a steady growth in reserves, which increased from ₹21.49 Cr in March 2022 to ₹23.61 Cr by September 2025. However, the rising inventory days, reported at 189.34, could signal challenges in inventory management.
Shareholding Pattern and Investor Confidence
The shareholding structure of Associated Ceramics Ltd is dominated by promoters, holding 55.35% of the equity as of September 2025. The public holds a significant stake of 44.66%, indicating a balanced distribution of ownership. Over the past year, the number of shareholders has increased substantially, from 484 in December 2022 to 1,504 by September 2025, reflecting growing investor interest and confidence in the company. The absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) suggests that the company remains primarily in the hands of retail and promoter shareholders. This pattern may indicate potential volatility in stock price movements, as retail investors typically react more sensitively to market changes. However, the consistent promoter holding can provide stability and a long-term vision for the company.
Outlook, Risks, and Final Insight
Looking ahead, Associated Ceramics Ltd faces both opportunities and challenges. The company’s strong fundamentals, characterized by low debt levels and a solid equity base, position it favorably for potential growth in the refractory sector, which is expected to benefit from industrial expansion. However, risks include the high cash conversion cycle, which could strain liquidity if not managed effectively, and the recent volatility in quarterly sales figures, which could indicate underlying demand issues. Furthermore, the lack of institutional investment may limit access to capital for future expansion. In light of these factors, the company must focus on enhancing operational efficiency and exploring avenues for revenue diversification to mitigate risks and capitalize on growth opportunities in the coming years.
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 | 744 Cr. | 1,328 | 1,964/1,170 | 29.4 | 242 | 3.69 % | 30.4 % | 21.4 % | 5.00 |
| Associated Ceramics Ltd | 58.8 Cr. | 196 | 264/177 | 18.2 | 86.2 | 0.00 % | 10.8 % | 9.55 % | 10.0 |
| Vesuvius India Ltd | 9,679 Cr. | 477 | 647/356 | 39.7 | 75.0 | 0.30 % | 25.5 % | 19.3 % | 1.00 |
| IFGL Refractories Ltd | 1,246 Cr. | 173 | 340/163 | 41.9 | 158 | 2.03 % | 5.71 % | 3.94 % | 10.0 |
| Industry Average | 3,889.67 Cr | 543.50 | 32.30 | 140.30 | 1.51% | 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 |
|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 10.56 | 4.19 | 22.38 | 18.32 |
| Diluted EPS (Rs.) | 10.56 | 4.19 | 22.38 | 18.32 |
| Cash EPS (Rs.) | 24.39 | 19.33 | 26.89 | 22.66 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 103.24 | 93.95 | 124.09 | 103.65 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 103.24 | 93.95 | 124.09 | 104.06 |
| Revenue From Operations / Share (Rs.) | 183.57 | 177.48 | 244.20 | 167.94 |
| PBDIT / Share (Rs.) | 30.86 | 24.67 | 34.44 | 28.26 |
| PBIT / Share (Rs.) | 15.91 | 9.09 | 27.58 | 23.92 |
| PBT / Share (Rs.) | 14.47 | 7.55 | 27.00 | 23.39 |
| Net Profit / Share (Rs.) | 9.45 | 3.75 | 20.02 | 18.32 |
| PBDIT Margin (%) | 16.80 | 13.89 | 14.10 | 16.82 |
| PBIT Margin (%) | 8.66 | 5.12 | 11.29 | 14.24 |
| PBT Margin (%) | 7.88 | 4.25 | 11.05 | 13.92 |
| Net Profit Margin (%) | 5.14 | 2.11 | 8.20 | 10.90 |
| Return on Networth / Equity (%) | 9.15 | 3.99 | 16.13 | 17.67 |
| Return on Capital Employeed (%) | 14.47 | 9.20 | 20.51 | 21.02 |
| Return On Assets (%) | 4.72 | 1.80 | 10.26 | 12.46 |
| Total Debt / Equity (X) | 0.06 | 0.32 | 0.22 | 0.13 |
| Asset Turnover Ratio (%) | 0.90 | 0.88 | 1.43 | 1.18 |
| Current Ratio (X) | 1.01 | 0.82 | 1.28 | 2.22 |
| Quick Ratio (X) | 0.54 | 0.54 | 0.47 | 0.79 |
| Inventory Turnover Ratio (X) | 5.04 | 2.45 | 2.97 | 2.33 |
| Interest Coverage Ratio (X) | 21.36 | 15.98 | 23.19 | 68.69 |
| Interest Coverage Ratio (Post Tax) (X) | 7.54 | 3.43 | 13.87 | 45.81 |
| Enterprise Value (Cr.) | 48.72 | 163.29 | 10.79 | 0.00 |
| EV / Net Operating Revenue (X) | 1.16 | 4.03 | 0.19 | 0.00 |
| EV / EBITDA (X) | 6.91 | 28.97 | 1.37 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 1.21 | 3.97 | 0.05 | 0.00 |
| Price / BV (X) | 2.16 | 7.50 | 0.11 | 0.00 |
| Price / Net Operating Revenue (X) | 1.21 | 3.97 | 0.05 | 0.00 |
| EarningsYield | 0.04 | 0.01 | 1.41 | 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: 18.2 (Industry average Stock P/E: 32.3)
- 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 28 January 2026) is ₹116.05 which is 40.79% lower the current market price of ₹196.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹58.8 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 58.8 Cr..
What is the current Stock Price of Associated Ceramics Ltd as on 28 January 2026?
The current stock price of Associated Ceramics Ltd as on 28 January 2026 is ₹196.
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 18.2.
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.