Murudesh.Ceramic

Which are the latest news on Murudesh.Ceramic?

Why is Murudeshwar Ceramics Ltd falling/rising?

As of 13-Jun, Murudeshwar Ceramics Ltd's stock price has risen to 31.35, but it has underperformed its sector and shows weak financial indicators, raising concerns about the sustainability of this increase. Despite a recent uptick, the stock's long-term decline and reduced investor participation suggest potential challenges ahead.

As of 13-Jun, Murudeshwar Ceramics Ltd is experiencing a rise in its stock price, currently at 31.35, reflecting an increase of 0.65 or 2.12%. This uptick comes after two consecutive days of gains, during which the stock has risen by 1.57%. However, it is important to note that despite this recent increase, the stock has underperformed against its sector by 1.46% today and has shown negative returns over longer periods, such as a decline of 33.00% over the past year.<BR><BR>The stock is trading below its moving averages across various time frames, indicating a potential struggle to maintain upward momentum. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 32.77% compared to the five-day average, which may suggest a lack of confidence among investors.<BR><BR>While the ceramics sector has gained by 2.42%, Murudeshwar Ceramics Ltd's overall performance remains concerning due to its weak financial indicators, including a poor EBIT to Interest ratio of 1.43 and low profitability reflected in a Return on Equity of 1.87%. Furthermore, the company has reported negative results in its recent financials, with a substantial decline in profit before tax and profit after tax.<BR><BR>In summary, while the stock is currently rising, the broader context of its long-term underperformance, weak financial health, and declining investor interest raises questions about the sustainability of this upward movement.

How big is Murudesh.Ceramic?

As of 10th June, Murudeshwar Ceramics Ltd has a market capitalization of 194.00 Cr, with recent Net Sales of 205.47 Cr and a Net Profit of 10.79 Cr.

As of 10th June, Murudeshwar Ceramics Ltd has a market capitalization of 194.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 205.47 Cr and a Net Profit of 10.79 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 372.08 Cr and Total Assets of 569.92 Cr.

Who are in the management team of Murudesh.Ceramic?

The management team of Murudesh.Ceramic includes Chairman & Managing Director Satish R Shetty, Directors Sunil R Shetty and Naveen R Shetty, along with several independent directors and key executives, ensuring effective governance and strategic direction.

The management team of Murudesh.Ceramic includes the following individuals:<BR><BR>1. **Satish R Shetty** - Chairman & Managing Director<BR>2. **Sunil R Shetty** - Director<BR>3. **Naveen R Shetty** - Director<BR>4. **S S Hiremath** - Independent Director<BR>5. **Annappayya Kundapur** - Independent Director<BR>6. **Keremane Sankappa Shetty** - Independent Director<BR>7. **Sarvani Alva** - Independent Director<BR>8. **Karan Satish Shetty** - Whole-time Director<BR>9. **Ashok Kumar** - Company Secretary & Compliance Officer<BR>10. **Sathya Murthy Padaki** - Independent Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and strategic direction of the company.

Should I buy, sell or hold Murudeshwar Ceramics Ltd?

Who are the peers of the Murudesh.Ceramic?

Murudesh.Ceramic's peers include Exxaro Tiles, Global Surfaces, Pil Italica Life, and others, with varying management risks and growth rates. Its 1-year return is -36.47%, better than Global Surfaces (-61.94%) but worse than EMA Partners (0.00%).

Peers: The peers of Murudesh.Ceramic are Exxaro Tiles, Global Surfaces, Pil Italica Life, Superhouse Ltd, OK Play India, EMA Partners, Cool Caps, Eleganz Interior, and Essen Speciality.<BR><BR>Quality Snapshot: Below Average management risk is observed at Exxaro Tiles, Global Surfaces, OK Play India, and the rest. Average management risk is found at Murudesh.Ceramic and Superhouse Ltd. Good management risk is noted at Pil Italica Life and Eleganz Interior, while Excellent management risk is seen at EMA Partners. Below Average growth is present at Exxaro Tiles, Global Surfaces, Murudesh.Ceramic, Superhouse Ltd, OK Play India, Cool Caps, and the rest. Good growth is noted at EMA Partners, Pil Italica Life, and Eleganz Interior, while Capital Structure is Good at Pil Italica Life, Excellent at EMA Partners and Eleganz Interior, and Below Average at the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is EMA Partners at 0.00%, while the peer with the lowest is Global Surfaces at -61.94%. Murudesh.Ceramic's 1-year return of -36.47% is better than Global Surfaces but worse than EMA Partners. Additionally, peers with negative six-month returns include Exxaro Tiles, Global Surfaces, Pil Italica Life, Murudesh.Ceramic, OK Play India, and Essen Speciality.

What does Murudesh.Ceramic do?

Murudeshwar Ceramics Ltd manufactures vitrified and ceramic tiles and is categorized as a micro-cap company with a market cap of INR 194 Cr. As of March 2026, it reported net sales of 63 Cr and a net profit of 2 Cr.

Overview:<BR>Murudeshwar Ceramics Ltd is a pioneer in manufacturing world-class vitrified and ceramic tiles, operating within the diversified consumer products industry and categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 1983 and was promoted by R N Shetty and Associates along with the KSIIDC. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 63 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 194 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 1.54%<BR>- Debt Equity: 0.36<BR>- Return on Equity: 2.84%<BR>- Price to Book: 0.52<BR><BR>Contact Details:<BR>Address: 604/B Murudeshwar Bhavan, Gokul Road Hubli Karnataka : 580030<BR>Tel: 91-0836-2331615-18<BR>Email: investor@naveentile.com<BR>Website: http://www.naveentile.com

Are Murudeshwar Ceramics Ltd latest results good or bad?

Murudeshwar Ceramics Ltd's latest results are concerning, with a 51.38% decline in net profit and a 5.66% drop in net sales year-on-year, alongside rising input costs and a high effective tax rate of 62.47%, indicating significant operational challenges and poor financial performance.

The latest results for Murudeshwar Ceramics Ltd are concerning. In the quarter ending March 2026, the company reported a consolidated net profit of ₹1.58 crores, which is a significant decline of 51.38% year-on-year. Additionally, net sales decreased by 5.66% compared to the same quarter last year, indicating weakening demand or competitive pressures in the ceramic tiles market.<BR><BR>The operating margin also fell to 15.50%, down from 16.64% a year earlier, reflecting rising input costs and competitive pricing challenges. Furthermore, the effective tax rate was alarmingly high at 62.47%, which is far above the corporate tax norm and has raised questions about the sustainability of the company's earnings.<BR><BR>Overall, the financial performance highlights serious operational challenges, including a heavy reliance on non-operating income, which constituted a large portion of profits. Given these factors, the results can be characterized as poor, raising concerns about the company's ability to generate sustainable profitability moving forward.

Is Murudesh.Ceramic overvalued or undervalued?

As of November 13, 2025, Murudesh.Ceramic is considered attractive but undervalued, with a PE ratio of 24.26, a price-to-book value of 0.65, and an EV to EBITDA ratio of 10.75, significantly lower than peers like Kajaria Ceramics and Cera Sanitary, while also underperforming the Sensex with a year-to-date return of -21.12%.

As of 13 November 2025, the valuation grade for Murudesh.Ceramic has moved from very attractive to attractive, indicating a shift in perception regarding its investment potential. The company is currently assessed as undervalued, given its price-to-earnings (PE) ratio of 24.26, a price-to-book value of 0.65, and an EV to EBITDA ratio of 10.75. These ratios suggest that the company is trading at a discount compared to its earnings and book value.<BR><BR>In comparison with peers, Murudesh.Ceramic's PE ratio is significantly lower than that of Kajaria Ceramics, which stands at 46.03, and Cera Sanitary, which has a PE of 30.01. This highlights Murudesh.Ceramic's relative undervaluation in the market. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -21.12% compared to the Sensex's 8.11%, reinforcing the notion that the stock may be undervalued.

How has been the historical performance of Murudesh.Ceramic?

Murudesh.Ceramic has demonstrated consistent growth in net sales and profitability over the past five years, with net sales increasing from INR 80.49 crore in March 2021 to INR 202.86 crore in March 2025, and profit after tax rising from a loss of INR 11.87 crore to a profit of INR 9.92 crore. Despite increased leverage, the company has maintained positive cash flow from operating activities.

Answer:<BR>The historical performance of Murudesh.Ceramic shows a consistent growth trajectory in net sales and profitability over the past five years.<BR><BR>Breakdown:<BR>Murudesh.Ceramic's net sales have steadily increased from INR 80.49 crore in March 2021 to INR 202.86 crore in March 2025. This growth is reflected in the total operating income, which rose from INR 80.49 crore in March 2021 to INR 202.86 crore in March 2025. The company's operating profit (PBDIT) also demonstrated a positive trend, climbing from INR 10.23 crore in March 2021 to INR 39.51 crore in March 2025, despite fluctuations in operating profit margins. Profit before tax improved significantly from a loss of INR 15.95 crore in March 2021 to a profit of INR 11.95 crore in March 2025, while profit after tax reached INR 9.92 crore in March 2025, up from a loss of INR 11.87 crore in March 2021. The company's total assets increased from INR 475.74 crore in March 2022 to INR 569.92 crore in March 2025, indicating a solid asset base. However, total debt has also risen from INR 81.04 crore in March 2021 to INR 104.45 crore in March 2025, reflecting increased leverage. Cash flow from operating activities has remained positive, although net cash inflow/outflow showed some volatility, with a net outflow of INR 11 crore in March 2025. Overall, Murudesh.Ceramic has shown resilience and growth in its financial performance over the years.

How has been the historical performance of Murudesh.Ceramic?

Murudesh.Ceramic has shown consistent growth in net sales and profitability over the past five years, with net sales rising from INR 80.49 crore in March 2021 to INR 202.86 crore in March 2025, and profit after tax improving from a loss of INR 11.87 crore to a profit of INR 9.92 crore. The company's total assets increased from INR 475.74 crore to INR 569.92 crore during the same period.

Answer:<BR>The historical performance of Murudesh.Ceramic shows a consistent growth trajectory in net sales and profitability over the past five years.<BR><BR>Breakdown:<BR>Murudesh.Ceramic's net sales increased from INR 80.49 crore in March 2021 to INR 202.86 crore in March 2025, reflecting a strong upward trend. Total operating income followed a similar pattern, rising from INR 80.49 crore to INR 202.86 crore during the same period. The company's operating profit (PBDIT) also showed significant growth, climbing from INR 10.23 crore in March 2021 to INR 39.51 crore in March 2025. Profit before tax improved from a loss of INR 15.95 crore in March 2021 to a profit of INR 11.95 crore in March 2025, while profit after tax rose from a loss of INR 11.87 crore to a profit of INR 9.92 crore over the same timeframe. The earnings per share (EPS) increased from a loss of INR 2.27 to a profit of INR 1.63, indicating improved shareholder value. Total assets grew from INR 475.74 crore in March 2021 to INR 569.92 crore in March 2025, while total liabilities also increased from INR 81.04 crore to INR 104.45 crore, reflecting the company's expansion. Cash flow from operating activities showed a positive trend, reaching INR 28 crore in March 2025, although the net cash inflow/outflow turned negative at INR -11 crore for the same period. Overall, Murudesh.Ceramic has demonstrated robust growth in sales and profitability, alongside a steady increase in assets and liabilities.

When is the next results date for Murudesh.Ceramic?

The next results date for Murudesh.Ceramic is 12 November 2025.

The next results date for Murudesh.Ceramic is scheduled for 12 November 2025.

What is the technical trend for Murudesh.Ceramic?

As of May 12, 2025, Murudesh.Ceramic's technical trend is mildly bearish, with daily moving averages indicating short-term weakness, while weekly indicators show a mildly bullish stance, and monthly indicators remain bearish.

As of 12 May 2025, the technical trend for Murudesh.Ceramic has changed from bearish to mildly bearish. The weekly MACD and KST indicate a mildly bullish stance, while the monthly MACD and KST remain bearish. The daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. Overall, the current technical stance is mildly bearish, with key indicators being the daily moving averages and the monthly MACD.

Who are the top shareholders of the Murudesh.Ceramic?

The top shareholders of Murudesh.Ceramic include Murudeshwar Power Corporation Private Limited with 38.26%, individual investors with 23.52%, and Sangeetha S as the highest public shareholder at 1.9%. There are no pledged promoter holdings reported.

The top shareholders of Murudesh.Ceramic include the promoters, with Murudeshwar Power Corporation Private Limited holding the largest stake at 38.26%. Individual investors collectively own 23.52% of the shares, while the highest public shareholder is Sangeetha S, who holds 1.9%. Additionally, there are three mutual funds and one foreign institutional investor, but they hold negligible stakes at 0.0%. There are no pledged promoter holdings reported.

Has Murudesh.Ceramic declared dividend?

Yes, Murudeshwar Ceramics Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 14, 2023. However, the dividend yield is 0%, and total returns have varied significantly across different periods.

Murudeshwar Ceramics Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 14 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -20.3%, the dividend return was 0%, resulting in a total return of -20.3%.<BR><BR>Over the past year, the price return was -1.94%, the dividend return was 0%, leading to a total return of -1.94%.<BR><BR>In the 2-year period, the price return was -5.96%, the dividend return was 1.08%, culminating in a total return of -4.88%.<BR><BR>For the 3-year period, the price return was 63.47%, the dividend return was 2.27%, resulting in a total return of 65.74%.<BR><BR>In the last 4 years, the price return was 69.94%, the dividend return was 1.77%, leading to a total return of 71.71%.<BR><BR>Over the past 5 years, the price return was 192.1%, the dividend return was 2.89%, resulting in a total return of 194.99%.<BR><BR>Overall, while Murudeshwar Ceramics Ltd has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant fluctuations, with a notable increase in returns over longer periods despite recent declines in shorter terms.