Murudesh.Ceramic

Why is Murudeshwar Ceramics Ltd falling/rising?

As of 27-Aug, Murudeshwar Ceramics Ltd's stock price is rising to 31.07, driven by strong performance against the Sensex and increased investor interest. The stock has outperformed its sector today and shows a positive short-term trend, despite being below longer-term moving averages.

As of 27-Aug, Murudeshwar Ceramics Ltd's stock price is rising, currently at 31.07, with a change of 0.07 (0.23%) increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 1.87% while the Sensex declined by 0.78%. Additionally, the stock has shown a positive performance today, outperforming its sector by 0.95%. <BR><BR>Investor participation has also increased, as indicated by a delivery volume of 16.6k on 26 August, which is up by 17.68% compared to the 5-day average delivery volume. This suggests a growing interest among investors, contributing to the stock's rise. Furthermore, the stock's price is currently higher than its 5-day and 20-day moving averages, indicating a short-term positive trend, although it remains below the longer-term moving averages of 50, 100, and 200 days. <BR><BR>Overall, the combination of recent positive performance relative to the market, increased investor participation, and favorable short-term moving averages supports the stock's rising price.

Which are the latest news on Murudesh.Ceramic?

Should I buy, sell or hold Murudeshwar Ceramics Ltd?

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 officers, responsible for the company's operations 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 is responsible for overseeing the company's operations and strategic direction.

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 189 Cr. As of June 2026, it reported net sales of 50 Cr and a net profit of 1 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>Murudeshwar Ceramics Ltd 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 June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 50 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 189 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 19.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 1.59%<BR>- Debt Equity: 0.36<BR>- Return on Equity: 2.84%<BR>- Price to Book: 0.50<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

Who are the peers of the Murudesh.Ceramic?

Murudesh.Ceramic's peers include Exxaro Tiles, Pil Italica Life, Superhouse Ltd, and others. It has average management risk and a 1-year return of -29.57%, better than Pil Italica Life but worse than Superhouse Ltd's 1.92%.

Peers: The peers of Murudesh.Ceramic are Exxaro Tiles, Pil Italica Life, Superhouse Ltd, Eleganz Interior, Master Component, EMA Partners, Polysil Irrigati, Rajshree Polypac, and Cool Caps.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eleganz Interior and Master Component, while Good management risk is found at EMA Partners and Superhouse Ltd. Average management risk is present at Murudesh.Ceramic, while Below Average management risk is noted for Exxaro Tiles, Pil Italica Life, Polysil Irrigati, Rajshree Polypac, and Cool Caps. Growth is Excellent at Master Component, Good at Eleganz Interior and EMA Partners, Average at Murudesh.Ceramic and Superhouse Ltd, and Below Average at Exxaro Tiles, Pil Italica Life, Polysil Irrigati, Rajshree Polypac, and Cool Caps. Capital Structure is Excellent at Eleganz Interior and EMA Partners, Good at Pil Italica Life and Master Component, Average at Superhouse Ltd, and Below Average at Exxaro Tiles, Murudesh.Ceramic, Polysil Irrigati, Rajshree Polypac, and Cool Caps.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Superhouse Ltd at 1.92%, while the peer with the lowest is Pil Italica Life at -41.67%. Murudesh.Ceramic's 1-year return of -29.57% is better than Pil Italica Life's but worse than Superhouse Ltd's. Additionally, Exxaro Tiles, Pil Italica Life, Murudesh.Ceramic, Polysil Irrigati, Rajshree Polypac, and Cool Caps all have negative six-month returns.

How big is Murudesh.Ceramic?

As of 14th August, Murudeshwar Ceramics Ltd has a market capitalization of 189.00 Cr, with recent net sales of 209.41 Cr and a net profit of 9.67 Cr.

As of 14th August, Murudeshwar Ceramics Ltd has a market capitalization of 189.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 209.41 Cr and a Net Profit of 9.67 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.

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.