Murudeshwar Ceramics Ltd
Murudeshwar Ceramics Limited (MCL) is engaged in the business of manufacturing and selling a wide range of Ceramic and Vitrified tiles which are marketed under its brand name NAVEEN. [1]
- Market Cap ₹ 276 Cr.
- Current Price ₹ 47.8
- High / Low ₹ 52.8 / 27.0
- Stock P/E 41.1
- Book Value ₹ 60.6
- Dividend Yield 1.04 %
- ROCE 4.66 %
- ROE 1.92 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.79 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 82.0 to 35.2 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.32% 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
178 | 144 | 145 | 138 | 115 | 105 | 119 | 126 | 103 | 80 | 122 | 170 | 179 | |
136 | 112 | 114 | 107 | 88 | 79 | 88 | 97 | 82 | 71 | 96 | 140 | 147 | |
Operating Profit | 42 | 31 | 31 | 31 | 27 | 26 | 32 | 29 | 21 | 9 | 26 | 31 | 32 |
OPM % | 24% | 22% | 21% | 22% | 24% | 25% | 26% | 23% | 20% | 11% | 21% | 18% | 18% |
1 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 9 | 1 | 1 | 1 | 1 | |
Interest | 24 | 22 | 21 | 21 | 20 | 17 | 19 | 16 | 16 | 16 | 13 | 13 | 14 |
Depreciation | 17 | 9 | 9 | 9 | 7 | 8 | 9 | 9 | 10 | 10 | 10 | 11 | 11 |
Profit before tax | 3 | 1 | 2 | 2 | 2 | 2 | 5 | 5 | 3 | -16 | 4 | 7 | 8 |
Tax % | -42% | 6% | 22% | 15% | 7% | 47% | 4% | 9% | 47% | 26% | 42% | 10% | |
4 | 1 | 1 | 2 | 2 | 1 | 5 | 5 | 2 | -12 | 2 | 7 | 7 | |
EPS in Rs | 1.02 | 0.22 | 0.29 | 0.42 | 0.38 | 0.31 | 1.09 | 1.01 | 0.37 | -2.27 | 0.39 | 1.14 | 1.16 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 44% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 7% |
3 Years: | 18% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 6% |
3 Years: | 57% |
TTM: | 45% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 49% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 39 | 41 | 41 | 41 | 43 | 45 | 48 | 48 | 52 | 55 | 58 | |
Reserves | 262 | 264 | 267 | 269 | 274 | 281 | 275 | 285 | 287 | 281 | 283 | 292 |
136 | 133 | 124 | 109 | 103 | 100 | 104 | 93 | 79 | 85 | 83 | 120 | |
44 | 42 | 31 | 38 | 49 | 54 | 51 | 48 | 59 | 54 | 54 | 71 | |
Total Liabilities | 479 | 479 | 463 | 456 | 467 | 477 | 475 | 474 | 473 | 472 | 475 | 540 |
279 | 277 | 280 | 278 | 278 | 309 | 302 | 298 | 306 | 297 | 298 | 297 | |
CWIP | 2 | 2 | 2 | 0 | 19 | 2 | 5 | 1 | 2 | 8 | 6 | 78 |
Investments | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 9 | 9 |
194 | 196 | 178 | 174 | 166 | 163 | 165 | 171 | 161 | 163 | 162 | 156 | |
Total Assets | 479 | 479 | 463 | 456 | 467 | 477 | 475 | 474 | 473 | 472 | 475 | 540 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
30 | 27 | 36 | 36 | 46 | 23 | 5 | 15 | 47 | 0 | 24 | 42 | |
-6 | -7 | -11 | -4 | -25 | -20 | -4 | -1 | -18 | -6 | -12 | -81 | |
-24 | -20 | -24 | -32 | -19 | -4 | -3 | -15 | -29 | 5 | -8 | 35 | |
Net Cash Flow | -0 | -0 | 1 | -1 | 2 | -1 | -2 | -1 | 0 | 0 | 3 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 77 | 97 | 93 | 131 | 106 | 107 | 100 | 134 | 146 | 145 | 66 | 35 |
Inventory Days | 925 | 1,296 | 847 | 806 | 1,409 | 1,624 | 1,421 | 759 | 779 | 1,240 | 1,201 | 975 |
Days Payable | 163 | 239 | 113 | 182 | 322 | 335 | 249 | 112 | 184 | 223 | 203 | 228 |
Cash Conversion Cycle | 839 | 1,154 | 827 | 756 | 1,193 | 1,395 | 1,272 | 781 | 741 | 1,162 | 1,065 | 782 |
Working Capital Days | 311 | 393 | 369 | 361 | 382 | 141 | 167 | 187 | 164 | 517 | 347 | 214 |
ROCE % | 6% | 5% | 5% | 5% | 5% | 5% | 6% | 5% | 5% | -0% | 4% | 5% |
Documents
Announcements
- Closure of Trading Window 9h
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 22 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 22 Sep
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Aug - Copy of Newspaper Publication for Notice of 40th Annual General Meeting (AGM) and Book Closure and confimation for completion of dispatch of Notice of AGM.
- Intimation For Closure Of Share Transfer Books And Register Of Members, "Cut-Off Date" And 'Record Date' For The Purpose Of AGM And Dividend Payment. 28 Aug
Annual reports
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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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Financial Year 2011
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Product Portfolio
Floor Tiles: In this category the Co provides a wide range of Ceramic Tiles, Double Charge, Exterior Tiles, Full Body, Glazed Vitrified Tiles, Polished Glazed Vitrified Tiles, and Soluble Salt. [1]
Wall Tiles: Under this the Co provides contemporary style to modern trend tiles for bathroom tiles, kitchen tiles, and outdoor tiles. [2]
Wall Tiles: These are best for bathroom tiles and kitchen tiles for home [3]