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 ₹ 463 Cr.
- Current Price ₹ 38.7
- High / Low ₹ 57.5 / 28.7
- Stock P/E 27.3
- Book Value ₹ 24.4
- Dividend Yield 0.65 %
- ROCE 6.17 %
- ROE 3.54 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 22.3%
Cons
- Company has a low return on equity of 4.99% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 366 | 268 | 302 | 313 | 327 | 371 | |
| 290 | 250 | 276 | 278 | 295 | 333 | |
| Operating Profit | 76 | 18 | 26 | 35 | 32 | 37 |
| OPM % | 21% | 7% | 9% | 11% | 10% | 10% |
| 4 | 5 | 8 | 7 | 4 | 5 | |
| Interest | 8 | 3 | 4 | 4 | 8 | 7 |
| Depreciation | 13 | 11 | 12 | 14 | 14 | 14 |
| Profit before tax | 59 | 9 | 18 | 24 | 13 | 22 |
| Tax % | 21% | 21% | 21% | 22% | 25% | |
| 47 | 7 | 14 | 19 | 10 | 17 | |
| EPS in Rs | 3.91 | 0.57 | 1.19 | 1.59 | 0.83 | 1.42 |
| Dividend Payout % | 26% | 26% | 21% | 16% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 14% |
| 3 Years: | 10% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 172 | 236 | 248 | 264 | 271 | 280 |
| 92 | 38 | 15 | 58 | 72 | 47 | |
| 59 | 56 | 52 | 73 | 63 | 73 | |
| Total Liabilities | 335 | 341 | 327 | 406 | 418 | 412 |
| 140 | 147 | 149 | 160 | 150 | 168 | |
| CWIP | 16 | 1 | 2 | 5 | 26 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 178 | 193 | 176 | 241 | 242 | 242 | |
| Total Assets | 335 | 341 | 327 | 406 | 418 | 412 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 43 | 32 | 44 | -14 | 21 | |
| -37 | -34 | -13 | -24 | -23 | |
| -5 | 2 | -28 | 37 | 4 | |
| Net Cash Flow | 1 | -0 | 2 | -2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 71 | 102 | 88 | 92 | 86 |
| Inventory Days | 213 | 160 | 142 | 345 | 387 |
| Days Payable | 104 | 80 | 63 | 159 | 139 |
| Cash Conversion Cycle | 180 | 183 | 167 | 277 | 334 |
| Working Capital Days | 126 | 142 | 143 | 143 | 162 |
| ROCE % | 8% | 8% | 6% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Copy of Newspaper Publication- Extract of the Financial Results for September, 2025.
-
Setting Up Of A New Plant By The Wholly-Owned Subsidiary Of The Company.
10 Nov - Unaudited Q2/H1 FY2026 results; MD re-appointed from 12 Apr 2026; new subsidiary plant by Q4 FY2025–26.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
10 Nov - GIDC Porbandar eviction order (29 Oct 2025) over alleged Rs.2.51 Crore dues; company to appeal.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
10 Nov - Approved Q2/H1 Sep 30, 2025 results; H1 standalone net profit ₹922.48L; MD reappointment; subsidiary plant by Q4 FY25‑26.
-
Announcement under Regulation 30 (LODR)-Change in Management
10 Nov - Approved Q2 FY2025-26 results; MD re-appointed effective 12 Apr 2026; OAMPL plant operational by Q4 FY2025-26.
Annual reports
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Financial Year 2025
from bse
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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
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.