Murudeshwar Ceramics Ltd
Incorporated in 1983, Murudeshwar
Ceramics Ltd manufacture and trades in wide range of Ceramic and Vitrified floor & Wall tiles[1]
- Market Cap ₹ 194 Cr.
- Current Price ₹ 32.0
- High / Low ₹ 51.0 / 23.7
- Stock P/E 17.2
- Book Value ₹ 62.7
- Dividend Yield 1.55 %
- ROCE 5.21 %
- ROE 3.00 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.52 times its book value
- Company has delivered good profit growth of 24.2% CAGR over last 5 years
Cons
- Company has a low return on equity of 2.40% over last 3 years.
- Debtor days have increased from 65.8 to 91.4 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 115 | 105 | 119 | 126 | 103 | 80 | 122 | 170 | 184 | 202 | 205 | |
| 107 | 88 | 79 | 88 | 97 | 82 | 71 | 96 | 140 | 154 | 167 | 174 | |
| Operating Profit | 31 | 27 | 26 | 32 | 29 | 21 | 9 | 26 | 31 | 30 | 35 | 31 |
| OPM % | 22% | 24% | 25% | 26% | 23% | 20% | 11% | 21% | 18% | 17% | 17% | 15% |
| 1 | 1 | 1 | 1 | 2 | 9 | 1 | 1 | 1 | 4 | 5 | 10 | |
| Interest | 21 | 20 | 17 | 19 | 16 | 16 | 16 | 13 | 13 | 11 | 13 | 12 |
| Depreciation | 9 | 7 | 8 | 9 | 9 | 10 | 10 | 10 | 11 | 12 | 14 | 15 |
| Profit before tax | 2 | 2 | 2 | 5 | 5 | 3 | -16 | 4 | 7 | 11 | 12 | 14 |
| Tax % | 15% | 7% | 47% | 4% | 9% | 47% | -26% | 42% | 10% | 55% | 17% | 18% |
| 2 | 2 | 1 | 5 | 5 | 2 | -12 | 2 | 7 | 5 | 10 | 11 | |
| EPS in Rs | 0.42 | 0.38 | 0.31 | 1.09 | 1.01 | 0.37 | -2.27 | 0.39 | 1.14 | 0.85 | 1.64 | 1.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 44% | 59% | 31% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 21% |
| 3 Years: | 6% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 24% |
| 3 Years: | 19% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 4% |
| 3 Years: | -10% |
| 1 Year: | -30% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41 | 41 | 43 | 45 | 48 | 48 | 52 | 55 | 58 | 61 | 61 | 61 |
| Reserves | 269 | 274 | 285 | 277 | 285 | 287 | 281 | 284 | 296 | 304 | 311 | 319 |
| 109 | 103 | 100 | 104 | 93 | 79 | 85 | 83 | 120 | 110 | 108 | 142 | |
| 38 | 49 | 50 | 49 | 48 | 59 | 54 | 53 | 67 | 73 | 90 | 93 | |
| Total Liabilities | 456 | 467 | 477 | 475 | 474 | 473 | 472 | 475 | 540 | 548 | 569 | 616 |
| 278 | 278 | 309 | 302 | 298 | 306 | 297 | 298 | 297 | 361 | 349 | 390 | |
| CWIP | 0 | 19 | 2 | 5 | 1 | 2 | 8 | 6 | 78 | 10 | 38 | 24 |
| Investments | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 9 |
| 174 | 166 | 163 | 165 | 171 | 161 | 163 | 162 | 156 | 167 | 173 | 192 | |
| Total Assets | 456 | 467 | 477 | 475 | 474 | 473 | 472 | 475 | 540 | 548 | 569 | 616 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 46 | 23 | 5 | 15 | 47 | 0 | 24 | 42 | 31 | 29 | 22 | |
| -4 | -25 | -20 | -4 | -1 | -18 | -6 | -12 | -81 | -5 | -25 | -41 | |
| -32 | -19 | -4 | -3 | -15 | -29 | 5 | -8 | 35 | -13 | -16 | 23 | |
| Net Cash Flow | -1 | 2 | -1 | -2 | -1 | 0 | 0 | 3 | -4 | 13 | -12 | 4 |
| Free Cash Flow | 30 | 20 | 2 | 0 | 13 | 29 | -6 | 16 | -40 | 22 | -1 | -21 |
| CFO/OP | 117% | 172% | 84% | 13% | 49% | 227% | 10% | 94% | 142% | 106% | 79% | 65% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 131 | 106 | 107 | 100 | 134 | 146 | 145 | 66 | 35 | 33 | 73 | 91 |
| Inventory Days | 806 | 1,409 | 1,624 | 1,421 | 759 | 779 | 1,240 | 1,201 | 975 | 954 | 744 | 881 |
| Days Payable | 182 | 322 | 335 | 249 | 112 | 184 | 223 | 203 | 228 | 205 | 210 | 251 |
| Cash Conversion Cycle | 756 | 1,193 | 1,395 | 1,272 | 781 | 741 | 1,162 | 1,065 | 782 | 781 | 608 | 722 |
| Working Capital Days | 157 | 139 | 141 | 167 | 187 | 164 | 204 | 152 | 78 | 61 | 74 | 85 |
| ROCE % | 5% | 5% | 5% | 6% | 5% | 5% | -0% | 4% | 5% | 5% | 5% | 5% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Tile Production Volume Square Meters |
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| Number of Permanent Employees Count |
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| Annual Production Capacity Square Meters |
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| Capacity Utilization % |
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| Number of Company Owned Showrooms Count |
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| Number of Depots Count |
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Extracted by Screener AI
Documents
Announcements
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Results - Financial Results For The Quarter And Year Ended March 31, 2026
29 May - Board approved audited Q4/FY26 results on 29 May 2026; standalone net profit ₹145.94 lakh.
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Board Meeting Outcome for Outcome Of The Board Meeting Held Today, On May 29, 2026, And Announcements Pursuant To Regulation 30 Of The SEBI (SEBI) Regulations, 2015 And Submission Of Financial Results For The Quarter And Year Ended March 31, 2026.
29 May - Board approved audited standalone and consolidated results for quarter and year ended 31 March 2026, with unmodified audit opinion.
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Update on board meeting
15 May - Board meeting rescheduled to 29 May 2026 to approve Q4 and FY26 audited results.
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Board Meeting Intimation for Notice Of The Board Meeting Scheduled To Be Held On Wednesday, 20Th Day Of May, 2026.
27 Apr - Board meeting on 20 May 2026 to approve audited standalone and consolidated FY2026 results.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Compliance certificate under Regulation 74(5) for quarter ended 31 March 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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
from bse
Business Overview:[1]
MCL is a part of RN Shetty Group.It is an ISO: 9001-2000 certified manufacturer of glazed ceramic floor tiles, vitrified porcelain, and
natural granite slabs, which It sells directly to real estate entities and through retail sales channels.