Orient Ceratech Ltd

₹ 40.3 -3.01%

13 Apr - close price

orientabrasives.com BSE: 504879 NSE: ORIENTCER

About

Incorporated in 1974, Orient Ceratech Ltd
is in the business of production and trading
of aluminum refractories and monolithics
products, mining of bauxite ores and generation of power^[1]

Key Points

Business Overview:^[1]^[2]
OCL is a part of the Ashapura group and is promoted by Bombay Minerals Ltd. It is an ISO 9001-certified producer of Calcined and Fused Products in India. Company offers a wide range of Refractory and Monolithic products for the iron and steel industry. Company manufactures
and distributes specialty value-added ceramic goods like ceramic proppants for the oil and gas industry and ceramic solutions for the abrasives and refractory industries.

Website BSE NSE

Market Cap ₹ 481 Cr.
Current Price ₹ 40.3
High / Low ₹ 56.6 / 30.4
Stock P/E 27.5
Book Value ₹ 23.9
Dividend Yield 0.62 %
ROCE 5.95 %
ROE 3.47 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Company has reduced debt.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 24.1%

Cons

The company has delivered a poor sales growth of -0.78% over past five years.
Company has a low return on equity of 4.55% 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

Industrials Capital Goods Industrial Products Electrodes & Refractories

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
	51.16	81.15	69.12	82.99	80.45	84.42	99.78	72.83	74.17	85.85	100.12	115.52	94.51
	48.30	73.52	64.11	74.52	74.46	77.86	93.34	67.76	68.87	79.89	94.50	106.72	85.71
Operating Profit	2.86	7.63	5.01	8.47	5.99	6.56	6.44	5.07	5.30	5.96	5.62	8.80	8.80
OPM %	5.59%	9.40%	7.25%	10.21%	7.45%	7.77%	6.45%	6.96%	7.15%	6.94%	5.61%	7.62%	9.31%
	2.86	1.55	3.70	0.80	3.58	1.69	1.36	1.60	2.13	1.66	2.25	2.80	0.78
Interest	0.80	1.08	0.75	0.82	0.55	1.21	1.50	1.44	1.45	1.28	0.92	0.81	0.83
Depreciation	2.34	2.27	2.28	2.58	2.99	2.42	2.75	2.77	2.74	2.68	2.76	2.61	2.97
Profit before tax	2.58	5.83	5.68	5.87	6.03	4.62	3.55	2.46	3.24	3.66	4.19	8.18	5.78
Tax %	20.93%	8.75%	26.41%	23.68%	21.72%	19.70%	26.48%	28.86%	25.62%	21.86%	25.30%	25.43%	25.95%
	2.04	5.32	4.18	4.48	4.73	3.72	2.60	1.75	2.40	2.86	3.13	6.10	4.28
EPS in Rs	0.17	0.44	0.35	0.37	0.40	0.31	0.22	0.15	0.20	0.24	0.26	0.51	0.36
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	174	183	286	219	324	313	346	302	259	284	317	333	396
	149	153	239	198	292	273	301	272	242	264	290	309	367
Operating Profit	25	30	48	21	31	40	45	31	16	20	27	24	29
OPM %	15%	16%	17%	10%	10%	13%	13%	10%	6%	7%	9%	7%	7%
	1	1	2	1	4	1	1	2	6	9	10	7	7
Interest	3	3	3	5	6	9	9	6	3	4	4	7	4
Depreciation	13	11	9	8	10	11	10	11	10	10	10	11	11
Profit before tax	11	17	37	9	19	21	26	16	9	16	22	13	22
Tax %	33%	28%	36%	26%	12%	22%	22%	29%	21%	21%	23%	26%
	7	12	24	7	17	16	21	11	7	13	17	10	16
EPS in Rs	0.59	1.03	1.97	0.59	1.42	1.35	1.72	0.95	0.59	1.06	1.43	0.80	1.37
Dividend Payout %	34%	24%	13%	43%	18%	19%	9%	16%	26%	24%	17%	31%

Compounded Sales Growth
10 Years:	6%
5 Years:	-1%
3 Years:	9%
TTM:	20%

Compounded Profit Growth
10 Years:	-3%
5 Years:	-15%
3 Years:	9%
TTM:	67%

Stock Price CAGR
10 Years:	-2%
5 Years:	13%
3 Years:	18%
1 Year:	25%

Return on Equity
10 Years:	6%
5 Years:	4%
3 Years:	5%
Last Year:	3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	12	12	12	12	12	12	12	12	12	12	12	12	12
Reserves	135	143	163	170	192	204	221	230	236	247	260	267	274
	27	29	36	53	61	76	54	31	38	15	58	46	31
	31	42	64	102	95	68	61	67	49	47	66	52	70
Total Liabilities	205	226	275	337	359	361	348	340	334	321	396	376	387
	102	101	95	90	134	126	129	122	110	100	111	103	123
CWIP	1	1	6	34	1	3	1	0	0	0	3	25	0
Investments	0	0	0	0	0	0	0	0	0	0	5	5	5
	101	124	174	213	224	232	218	217	224	220	277	244	259
Total Assets	205	226	275	337	359	361	348	340	334	321	396	376	387

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	15	11	9	22	14	10	41	30	17	42	-15	40
	-3	-10	-9	-31	-22	-10	-11	3	-20	-11	-24	-19
	-13	-2	1	9	7	4	-34	-30	3	-28	37	-21
Net Cash Flow	-0	-0	1	-1	-0	4	-4	2	-0	2	-2	0
Free Cash Flow	13	2	-1	-8	-6	3	32	26	19	42	-35	16
CFO/OP	80%	61%	23%	111%	58%	33%	108%	104%	114%	228%	-36%	193%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	59	70	103	121	95	96	98	126	106	89	91	85
Inventory Days	374	511	355	540	275	335	202	208	147	115	175	213
Days Payable	106	166	182	321	180	119	82	100	66	53	98	74
Cash Conversion Cycle	327	415	276	339	190	312	219	234	187	151	168	223
Working Capital Days	91	99	98	111	91	109	115	152	166	165	145	131
ROCE %	8%	11%	21%	6%	10%	11%	13%	8%	4%	7%	7%	6%

Insights

In beta

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Headcount / Number of Employees
Number

		xxx	xxx	xxx	xxx	xxx	xx	xxx	xxx	xxx
xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx	xxx,xxx	xxx,xxx			xx,xxx	xx,xxx
xx	xx	xx	xx	xx	xx	xx				xx
xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx				xx.xx
xx,xxx	x,xxx	x,xxx	xx,xxx	x,xxx					xx,xxx	xx,xxx
xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx						xx,xxx
				xx.xx	xx.xx	xx.xx			xx.xx	xx.xx
xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx
xx,xxx	xx,xxx	xx,xxx	xx,xxx	xx,xxx
									xxx,xxx	xxx,xxx

Please log in to see hidden values.

Installed Capacity - Alumina Refractories & Monolithics
MT

Power Generation Capacity - Thermal
MW

Power Generation Capacity - Wind
MW

Production Volume - Alumina Refractories & Monolithics
MT

Installed Capacity - Calcined Bauxite / Abrasive Grains
MT

Overall Capacity Utilization
%

Production Volume - Calcined Bauxite
MT

Production Volume - Fused Aluminum Oxide Grains
MT

Sales Volume - Bauxite Ores
MT

Shareholding Pattern

Numbers in percentages

12 Recently

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.90%	63.90%
	13.23%	13.23%	13.30%	13.25%	13.23%	13.23%	13.23%	13.23%	13.23%	13.32%	13.36%	13.32%
	23.18%	23.18%	23.12%	23.18%	23.19%	23.19%	23.19%	23.18%	23.20%	23.10%	22.74%	22.78%
No. of Shareholders	24,221	23,794	25,365	27,609	26,922	27,312	27,774	27,427	27,204	27,267	27,084	26,722

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	63.35%	63.56%	63.59%	61.49%	63.58%	63.58%	63.58%	63.58%	63.58%	63.90%
	13.20%	13.23%	13.23%	13.23%	13.23%	13.23%	13.23%	13.25%	13.23%	13.32%
	0.05%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	23.40%	23.16%	23.18%	25.28%	23.19%	23.19%	23.19%	23.18%	23.18%	22.78%
No. of Shareholders	12,729	14,758	14,689	14,630	16,044	27,072	24,507	27,609	27,427	26,722

* 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.

Click on the line-items to see the names of individual entities.

Orient Ceratech Ltd

Orient Ceratech Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings