Murudeshwar Ceramics Ltd

Murudesh.Ceramic Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Murudeshwar Ceramics Ltd

₹ 54.1 5.25%
29 Apr - close price
naveentile.com BSE: 515037 NSE : MURUDCERA
About

Incorporated in 1983, Murudeshwar
Ceramics Ltd manufacture and trades in wide range of Ceramic and Vitrified floor & Wall tiles[1]

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 328 Cr.
  • Current Price ₹ 54.1
  • High / Low ₹ 71.9 / 34.6
  • Stock P/E 49.0
  • Book Value ₹ 60.6
  • Dividend Yield 0.92 %
  • ROCE 4.65 %
  • ROE 1.92 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.89 times its book value
  • Debtor days have improved from 81.7 to 35.2 days.
  • Promoter holding has increased by 1.29% over last quarter.

Cons

  • Company has low interest coverage ratio.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
28.02 28.60 17.12 30.73 37.77 37.29 31.57 39.83 43.85 57.15 37.90 45.71 51.04
20.09 20.87 13.62 23.14 31.35 28.93 25.13 32.12 36.67 47.62 30.39 38.56 43.62
Operating Profit 7.93 7.73 3.50 7.59 6.42 8.36 6.44 7.71 7.18 9.53 7.51 7.15 7.42
OPM % 28.30% 27.03% 20.44% 24.70% 17.00% 22.42% 20.40% 19.36% 16.37% 16.68% 19.82% 15.64% 14.54%
0.17 1.00 0.08 0.12 0.47 0.75 0.05 0.09 0.09 0.76 0.07 0.08 0.03
Interest 3.67 5.02 2.65 3.68 2.94 4.02 2.76 3.65 2.89 4.07 2.96 2.53 2.34
Depreciation 2.42 2.43 2.40 2.45 2.44 2.98 2.52 2.59 2.61 3.37 2.76 2.77 2.75
Profit before tax 2.01 1.28 -1.47 1.58 1.51 2.11 1.21 1.56 1.77 2.85 1.86 1.93 2.36
Tax % 0.00% -317.97% 0.00% 1.27% 17.22% 61.61% 16.53% 7.69% 16.95% 4.91% 39.25% 37.82% 30.93%
2.01 5.36 -1.45 1.80 1.49 -0.28 1.09 1.52 1.47 2.62 1.13 1.26 1.67
EPS in Rs 0.42 1.02 -0.28 0.34 0.28 -0.05 0.19 0.26 0.25 0.45 0.20 0.22 0.29
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
80 122 170 192
72 96 140 160
Operating Profit 9 26 31 32
OPM % 11% 21% 18% 16%
1 1 1 1
Interest 16 13 13 12
Depreciation 10 10 11 12
Profit before tax -16 4 7 9
Tax % 26% 42% 10%
-12 2 7 7
EPS in Rs -2.27 0.39 1.14 1.16
Dividend Payout % 0% 0% 44%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 76%
Stock Price CAGR
10 Years: 13%
5 Years: 23%
3 Years: 40%
1 Year: 52%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 52 55 58 58
Reserves 278 284 292 292
85 83 120 118
56 54 71 86
Total Liabilities 472 476 541 554
297 298 297 291
CWIP 8 6 78 85
Investments 108 10 10 131
59 162 156 47
Total Assets 472 476 541 554

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
0 23 43
-6 -13 -82
6 -8 35
Net Cash Flow 0 3 -4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 144 66 35
Inventory Days 0 1,201 975
Days Payable 203 228
Cash Conversion Cycle 144 1,065 782
Working Capital Days 513 347 214
ROCE % 5%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.84% 69.84% 69.84% 71.28% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 72.65% 73.93%
0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.04% 0.00% 0.01% 0.02%
0.14% 0.14% 0.14% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
30.01% 30.01% 30.02% 28.71% 27.34% 27.30% 27.34% 27.35% 27.30% 27.34% 27.33% 26.03%
No. of Shareholders 19,28618,92818,88119,00618,76318,43521,14020,48120,27120,41321,30320,899

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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