Clay Craft India Ltd
Incorporated in July 1994, Clay Craft
India Ltd. is a manufacturer of bone
China crockery and ceramic tableware.[1]
- Market Cap ₹ 362 Cr.
- Current Price ₹ 176
- High / Low ₹ 224 / 144
- Stock P/E 12.5
- Book Value ₹ 136
- Dividend Yield 0.00 %
- ROCE 20.0 %
- ROE 17.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 Houseware
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 74 | 115 | 145 | 145 | 151 | 179 | |
| Sales growth | +55% | +26% | -0% | +4% | +18% | |
| 58 | 87 | 112 | 116 | 115 | 137 | |
| Operating Profit | 16 | 28 | 33 | 29 | 36 | 42 |
| OPM % | 22% | 24% | 23% | 20% | 24% | 24% |
| 1 | 1 | 2 | 2 | 2 | 5 | |
| Interest | 2 | 2 | 4 | 5 | 4 | 4 |
| Depreciation | 3 | 3 | 4 | 6 | 6 | 6 |
| Profit before tax | 13 | 24 | 27 | 19 | 28 | 36 |
| Tax % | 33% | 31% | 28% | 30% | 20% | 25% |
| 9 | 17 | 20 | 14 | 23 | 27 | |
| EPS in Rs | 5.79 | 11.24 | 13.44 | 9.18 | 15.48 | 17.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 7% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 11% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 3 | 15 | 21 |
| Reserves | 64 | 80 | 99 | 112 | 137 | 152 | 259 |
| 16 | 28 | 66 | 47 | 48 | 50 | 55 | |
| 27 | 38 | 33 | 25 | 31 | 36 | 46 | |
| Total Liabilities | 112 | 151 | 202 | 189 | 218 | 253 | 381 |
| 38 | 60 | 99 | 105 | 106 | 104 | 105 | |
| CWIP | 0 | 4 | 3 | 2 | 0 | 2 | 8 |
| Investments | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| 71 | 84 | 97 | 78 | 108 | 143 | 265 | |
| Total Assets | 112 | 151 | 202 | 189 | 218 | 253 | 381 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 20 | 25 | 12 | 25 | 28 | 26 | |
| -11 | -33 | -44 | -14 | -24 | -20 | |
| -1 | 10 | 34 | -24 | -3 | -2 | |
| Net Cash Flow | 8 | 2 | 2 | -13 | 0 | 4 |
| Free Cash Flow | 20 | -4 | -30 | 15 | 23 | 20 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 125% | 92% | 65% | 106% | 97% | 96% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 72 | 46 | 40 | 31 | 32 | 35 |
| Inventory Days | 475 | 348 | 597 | 463 | 482 | 531 |
| Days Payable | 74 | 38 | 46 | 7 | 29 | 40 |
| Cash Conversion Cycle | 472 | 357 | 591 | 487 | 485 | 526 |
| Working Capital Days | 89 | 40 | 35 | 78 | 71 | 66 |
| ROCE % | 26% | 22% | 15% | 19% | 20% |
Insights
In beta| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Actual Production tonnes |
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| Capacity Utilization percent |
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| Installed Capacity tonnes per annum |
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| Number of Distributors count |
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| Product SKUs count |
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Extracted by Screener AI
Documents
Announcements
-
Investor Presentation
- Investor presentation for H1FY27 results; revenue rose 9% to Rs 927.2 million, PAT rose 16.6%; Manda facility targeted by February 2027.
-
Monitoring Agency Report
- CARE report for quarter ended 30 Sep 2026 shows no IPO fund deviation or variation.
-
Statement of deviation(s) or variation(s) under Reg. 32
- CARE report for Q2FY27 shows no IPO fund deviation; Rs 30.75 crore utilized, Rs 41.22 crore unutilized.
-
General Updates
- Clay Craft appointed M/s. Pinchaa & Co. as Secretarial Auditors for FY 2026-27 on 5 November 2026.
-
Outcome of Board Meeting
- Board approved H1 FY2027 unaudited results on 5 Nov 2026; profit rose to Rs 1,156.62 lakh.
Business Overview[1]
Clay Craft India Ltd is a ceramic table
ware manufacturer engaged in the design, development, manufacturing and distribution
of ceramic tableware products. The company serves retail consumers, institutional buyers, corporate customers, government departments and the HoReCa (Hotel, Restaurant & Catering) segment.