Orient Ceratech Ltd
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]
- Market Cap ₹ 435 Cr.
- Current Price ₹ 36.4
- High / Low ₹ 61.0 / 28.7
- Stock P/E 45.3
- Book Value ₹ 23.4
- Dividend Yield 0.69 %
- ROCE 5.67 %
- ROE 3.48 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
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.
- Dividend payout has been low at 13.7% of profits 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
174 | 183 | 286 | 219 | 324 | 313 | 346 | 302 | 259 | 284 | 317 | 333 | |
149 | 153 | 239 | 198 | 292 | 273 | 301 | 272 | 242 | 264 | 290 | 310 | |
Operating Profit | 25 | 30 | 48 | 21 | 31 | 40 | 45 | 31 | 16 | 20 | 27 | 23 |
OPM % | 15% | 16% | 17% | 10% | 10% | 13% | 13% | 10% | 6% | 7% | 9% | 7% |
1 | 1 | 2 | 1 | 4 | 1 | 1 | 2 | 6 | 9 | 10 | 7 | |
Interest | 3 | 3 | 3 | 5 | 6 | 9 | 9 | 6 | 3 | 4 | 4 | 6 |
Depreciation | 13 | 11 | 9 | 8 | 10 | 11 | 10 | 11 | 10 | 10 | 10 | 11 |
Profit before tax | 11 | 17 | 37 | 9 | 19 | 21 | 26 | 16 | 9 | 16 | 22 | 13 |
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 | |
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 |
Dividend Payout % | 34% | 24% | 13% | 43% | 18% | 19% | 9% | 16% | 26% | 24% | 17% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | -1% |
3 Years: | 9% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | -15% |
3 Years: | 9% |
TTM: | -31% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 14% |
3 Years: | 11% |
1 Year: | -28% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 |
27 | 29 | 36 | 53 | 61 | 76 | 54 | 31 | 38 | 15 | 58 | 46 | |
31 | 42 | 64 | 102 | 95 | 68 | 61 | 67 | 49 | 47 | 66 | 52 | |
Total Liabilities | 205 | 226 | 275 | 337 | 359 | 361 | 348 | 340 | 334 | 321 | 396 | 376 |
102 | 101 | 95 | 90 | 134 | 126 | 129 | 122 | 110 | 100 | 111 | 103 | |
CWIP | 1 | 1 | 6 | 34 | 1 | 3 | 1 | 0 | 0 | 0 | 3 | 25 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
101 | 124 | 174 | 213 | 224 | 232 | 218 | 217 | 224 | 220 | 277 | 244 | |
Total Assets | 205 | 226 | 275 | 337 | 359 | 361 | 348 | 340 | 334 | 321 | 396 | 376 |
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 |
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 | 167 | 195 |
Days Payable | 106 | 166 | 182 | 321 | 180 | 119 | 82 | 100 | 66 | 53 | 94 | 68 |
Cash Conversion Cycle | 327 | 415 | 276 | 339 | 190 | 312 | 219 | 234 | 187 | 151 | 164 | 212 |
Working Capital Days | 128 | 150 | 145 | 189 | 141 | 180 | 160 | 187 | 220 | 177 | 194 | 169 |
ROCE % | 8% | 11% | 21% | 6% | 10% | 11% | 13% | 8% | 4% | 7% | 7% | 6% |
Documents
Announcements
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Closure of Trading Window
2d - Trading window closed from July 1 till 48 hours post Q1 2025 financial results announcement.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY ended March 31, 2025; no violations or penalties reported.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Copies of Newspaper Publication - Extract of Audited Financial Results - 31.03.2025
-
Approved The Appointment Of Ms. Dipti Gohil, Practicing Company Secretary, As Secretarial Auditor Of The Company For A Period Of Five Consecutive Years Commencing From FY 2025-26 Upto FY 2029-30, Subject To Approval Of The Shareholders Of The Company
28 May - Audited FY25 results; 25% dividend recommended; 5% MD commission approved; new secretarial auditor appointed.
-
Audited Standalone & Consolidated Financial Results Of The Company For The Quarter And Year Ended On 31St March, 2025.
28 May - Audited FY25 results; 25% dividend recommended; 5% MD commission approved; Secretarial Auditor appointed.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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.