Manoj Ceramic Ltd
Incorporated in 1991, Manoj Ceramic Limited trades in ceramic tiles and tile adhesives under the brand name "MCPL".[1]
- Market Cap ₹ 131 Cr.
- Current Price ₹ 95.7
- High / Low ₹ 228 / 90.0
- Stock P/E 10.7
- Book Value ₹ 103
- Dividend Yield 0.00 %
- ROCE 17.7 %
- ROE 16.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.93 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 163 days.
* 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
Consumer Discretionary Consumer Durables Consumer Durables Ceramics
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 36 | 43 | 74 | 96 | 164 | 180 | |
| 31 | 39 | 65 | 81 | 142 | 155 | |
| Operating Profit | 4 | 4 | 9 | 14 | 23 | 24 |
| OPM % | 12% | 9% | 12% | 15% | 14% | 14% |
| 2 | 2 | 1 | 1 | 0 | 0 | |
| Interest | 5 | 4 | 5 | 7 | 7 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 5 | 8 | 15 | 17 |
| Tax % | 68% | 24% | 26% | 28% | 29% | |
| 0 | 1 | 4 | 6 | 11 | 12 | |
| EPS in Rs | 5.33 | 63.33 | 245.33 | 7.30 | 9.46 | 10.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 119% |
| TTM: | 71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 8 | 11 | 15 |
| Reserves | 5 | 5 | 9 | 21 | 93 | 113 |
| 42 | 37 | 53 | 60 | 60 | 58 | |
| 13 | 14 | 16 | 16 | 26 | 26 | |
| Total Liabilities | 61 | 59 | 79 | 105 | 190 | 212 |
| 1 | 1 | 1 | 1 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 |
| 58 | 58 | 78 | 104 | 185 | 207 | |
| Total Assets | 61 | 59 | 79 | 105 | 190 | 212 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1 | 7 | -10 | -12 | -40 | |
| -1 | 1 | 1 | 1 | -8 | |
| 1 | -9 | 8 | 12 | 58 | |
| Net Cash Flow | 1 | -1 | -1 | 0 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 107 | 74 | 169 | 193 | 163 |
| Inventory Days | 414 | 347 | 140 | 128 | 136 |
| Days Payable | 187 | 142 | 84 | 59 | 53 |
| Cash Conversion Cycle | 333 | 279 | 225 | 262 | 246 |
| Working Capital Days | 192 | 108 | 139 | 185 | 240 |
| ROCE % | 12% | 18% | 20% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3m - One-to-one virtual analyst meeting on 27 November 2025 at 01:00 PM IST.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6h - Provosions of Regulation 30 of the Listing Regulations, enclosed herewith is the Transcript of the Earnings call held by the Company on Tuesday, 18th November, …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Nov - Audio recording of earnings call on 18 Nov 2025 for H1 FY2026 posted at mcplworld.com.
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Announcement under Regulation 30 (LODR)-Investor Presentation
18 Nov - Read with Schedule III of the SEBI (LODR) Regulations, 2015, we hereby enclose the Investor Presentation of the Company for half year ended on 30th …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
17 Nov - H1 FY26: Revenue ₹81.62 Cr, PAT ₹5.53 Cr; growth, exports expansion, showroom additions, rating upgraded to IVR BBB- / Positive.
Annual reports
Concalls
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Nov 2025Transcript PPT
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May 2025Transcript PPT REC
Business Division[1]
Ceramic tiles: Co. provides tiles through its dealer network, retail showrooms, export, and B2B sales to architects, builders, and contractors. The company gets tiles manufactured by a third-party manufacturer.