MarketFriction

Orient Bell Ltd

NSE ORIENTBELL · BSE 530365 · Ceramics
₹398.55 +0.00%
NSE close2026-10-01
52 week range246.55 - 434.95
Market cap₹594 Cr.
P/E28.0
Price band 20% Delivery 59.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales159.73162.28208.33148.14160.35160.81190.73140.23163.96166.44212.58200.97
Expenses154.44161.33196.56143.76152.84153.34182.11135.31154.76156.37197.53184.56
Operating Profit5.290.9511.774.387.517.478.624.929.2010.0715.0516.41
OPM %3.31%0.59%5.65%2.96%4.68%4.65%4.52%3.51%5.61%6.05%7.08%8.17%
Other Income0.750.310.530.550.490.511.160.610.520.510.031.01
Interest0.440.440.571.281.351.081.071.020.990.940.680.71
Depreciation5.045.505.505.695.715.635.505.395.395.366.145.49
Profit before tax0.56-4.686.23-2.040.941.273.21-0.883.344.288.2611.22
Tax %41.07%-25.64%25.84%-4.90%-19.15%31.50%24.61%-23.86%19.46%29.91%25.91%24.87%
Net Profit0.33-3.484.62-1.941.120.872.42-0.662.703.006.128.43
EPS in Rs0.23-2.393.17-1.330.770.591.65-0.451.842.044.165.73
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales685637655571492502654705674660683744
Expenses638581606534466469598658653632644693
Operating Profit475749372634574721283951
OPM %7%9%7%6%5%7%9%7%3.1%4.3%6%7%
Other Income2121253253322
Interest19137986422543
Depreciation171915172121212121232222
Profit before tax132547143113429031527
Tax %50%45%15%35%-160%35%9%25%79%27%26%
Net Profit614409773122021120
EPS in Rs4.609.5728.146.254.784.8921.5115.010.041.697.5913.77
Dividend Payout %11%5%2%8%0%10%5%7%1,216%30%13%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth0%6%-1%14%
Compounded Profit Growth6%14%-18%465%
Stock Price CAGR8%2%-5%38%
Return on Equity5%5%2%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414151515
Reserves168174167208217224233267292294296308
Borrowings166133110771016140169454631
Other Liabilities136134127133126120148155165199161167
Total Liabilities484455418431458419435452481553518521
Fixed Assets223209201196239233207207250296278262
CWIP110111013010
Investments2023236666666837
Other Assets240222193228213180222239222251231221
Total Assets484455418431458419435452481553518521
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity474251274164194434403447
Cash from Investing Activity-2-5-145-56-45-12-21-63-8-51
Cash from Financing Activity-48-37-37-3215-61-23-29-1333-5-20
Net Cash Flow-3-0-00-001201021-24
Free Cash Flow44383613-15602317-25-232843
CFO/OP105%93%96%82%118%253%69%90%90%193%117%129%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days505658707464675858716760
Inventory Days1231039011312212594971191147784
Days Payable1241188699101119147135153184122129
Cash Conversion Cycle49416384967115202312215
Working Capital Days-8213424150323139352923
ROCE %9%10%13%12%7%3%5%13%10%1%2%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.19%64.97%64.90%64.89%64.89%65.11%65.35%65.42%65.61%65.56%65.92%65.92%
FIIs0.06%0.10%0.06%0.17%0.22%0.31%0.26%0.22%0.18%0.18%0.19%0.21%
DIIs0.04%0.02%0.02%0.02%0.02%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public34.72%34.92%35.02%34.93%34.87%34.55%34.37%34.32%34.18%34.24%33.87%33.85%
No. of Shareholders16,08416,87717,51116,57216,09315,94815,60915,69515,51715,05214,67514,822

Fundamentals

Market Cap₹ 594 Cr.
Current Price₹ 403
Stock P/E28.0
Book Value₹ 219
ROCE5.58 %
ROE3.80 %
Dividend Yield0.25 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)465%
Standalone figures.
Valuation
Market capRs 586 Cr
Enterprise valueRs 588 Cr
P/E (TTM)28.95x
Price to book1.82x
Price to sales0.79x
EV / EBITDA11.14x
EV / EBIT19.33x
EV / sales0.79x
Price to cash flow12.46x
Earnings yield3.45%
Dividend yield0.25%
P/E, 3-year average2869.77x
P/B, 3-year average1.29x
P/E, 5-year average1733.30x
P/B, 5-year average1.77x
Profitability
Operating margin (excl. other income)5.76%
Operating margin (incl. other income)5.99%
EBITDA margin7.10%
Pre-tax margin3.64%
Net profit margin2.72%
Net margin, latest quarter4.19%
ROE3.52%
ROCE5.25%
ROA2.15%
ROE, 3-year average1.45%
ROCE, 3-year average2.74%
ROA, 3-year average0.87%
ROE, 5-year average4.69%
ROCE, 5-year average6.31%
ROA, 5-year average2.86%
ROIC (approx.)6.97%
Tax rate25.65%
Other income / net worth0.48%
Growth
Sales growth (latest year)3.51%
Profit growth (latest year)350.00%
Sales CAGR, 3 years-1.05%
Sales CAGR, 5 years6.34%
Profit CAGR, 3 years-19.93%
Profit CAGR, 5 years9.71%
Sales growth QoQ-5.46%
Profit growth QoQ37.75%
Sales growth YoY (latest quarter)43.31%
Per share
EPS (TTM)Rs 13.77
EPS (latest year)Rs 7.59
EPS (latest quarter)Rs 5.73
EPS, 3-year averageRs 3.11
EPS, 5-year averageRs 9.17
Book value per shareRs 219.27
Sales per shareRs 505.73
Cash flow per shareRs 31.99
Free cash flow per shareRs 29.23
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 0.67
Dividend per share, 5-year averageRs 0.80
Dividends
Dividend payout13.17%
Dividend payout, 3-year average419.76%
Dividend payout, 5-year average254.12%
Efficiency
Asset turnover1.31x
Fixed asset turnover2.61x
Inventory turnover6.60x
Inventory days55 days
Debtor days60 days
Debtors turnover6.07x
Creditor days129 days
Cash conversion cycle15 days
Working capital days23 days
Leverage
Total debtRs 31 Cr
Cash and bankRs 29 Cr
Net debtRs 2 Cr
Debt to equity0.10x
Net debt / EBITDA0.03x
Interest coverage9.16x
Owners' fund to total sources61.95%
Debt to assets5.99%
Cash flow
Cash from Operating Activity (latest year)Rs 47 Cr
Cash from Investing Activity (latest year)Rs -51 Cr
Cash from Financing Activity (latest year)Rs -20 Cr
Net Cash Flow (latest year)Rs -24 Cr
Free cash flow (latest year)Rs 43 Cr
FCFE (approx.: FCF + change in debt)Rs 28 Cr
Cash from ops / profit, 5 years3.02x
Sales to cash flow14.52x
Statement figures
Net sales (TTM)Rs 744 Cr
Net sales (latest year)Rs 683 Cr
Sales (latest quarter)Rs 201 Cr
Operating profit excl. other income (latest year)Rs 39 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 53 Cr
PBDT (TTM)Rs 49 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 20 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 8 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 456 Cr
Total expenditure (latest year)Rs 644 Cr
Total income (latest year)Rs 685 Cr
Share capitalRs 15 Cr
ReservesRs 308 Cr
Shareholders' fundsRs 323 Cr
Total assetsRs 521 Cr
Net blockRs 262 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 37 Cr
ReceivablesRs 113 Cr
InventoryRs 69 Cr
Other liabilitiesRs 167 Cr
Shares outstanding (crore)1.47
Ownership
Promoter holding65.92% (+0.50 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 28.9 is at the 46th percentile of its own 8.8-year range (median 29.9, low 5.5, high 187.4).
P/B 1.82 is at the 58th percentile (median 1.67).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodORIENTBELLNifty 50Difference
1 week+1.9%-2.8% +4.7 pts
1 month+2.1%-6.8% +8.9 pts
3 months+24.8%-7.6% +32.4 pts
6 months+57.9%+0.4% +57.5 pts
1 year+30.3%-9.9% +40.2 pts
2 years+9.4%-13.6% +23.0 pts
3 years-15.3%+14.2% -29.5 pts
5 years+10.9%+27.9% -17.0 pts

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹201 Cr +43.3% vs Jun 2025. Net profit ₹8 Cr +1377.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-24Dividend - Re 1 Per Share
2025-07-21Annual General Meeting/Dividend - Rs 0.50 Per Share
2024-07-30Annual General Meeting/Dividend - Re 0.50 Per Share
2023-07-18Annual General Meeting/Dividend - Re 1 Per Share
2022-07-13Annual General Meeting/Dividend - Rs 1 Per Share
2021-07-16 Annual General Meeting/Dividend - Rs 0.50 Per Share
2020-08-05 Annual General Meeting
2019-07-16 Annual General Meeting/Dividend - Rs 0.50 Per Share
2018-09-14 Annual General Meeting/Dividend Re 0.50 Per Share
2017-09-13 Annual General Meeting/Dividend - Re 0.50 Per Share
2016-09-06 Annual General Meeting/Dividend Re 0.50 Per Share
2015-09-23 Annual General Meeting/Dividend - Re 0.50 Per Share
2014-09-19Annual General Meeting And Dividend Re.0.50 Per Share
2013-09-18Annual General Meeting / Dividend - Rs 1.50/- Per Share
2012-09-18Annual General Meeting And Dividend Rs.1.50 Per Share
2011-08-24Annual General Meeting And Dividend Rs.2/- Per Share
2010-08-20Annual General Meeting And Dividend Rs.2/- Per Share
2009-09-10Agm/Div-Rs.1.50 Per Share
2008-09-05Agm/Dividend - 5%
2007-09-10Agm/Dividend-10%
DateTypeWhat it says
2026-09-24Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to onemeeting with Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-09-10Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to onemeeting with Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-09-09Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to one meetingwith Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-09-07Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to one meetingwith Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-09-03Concall / analyst meetSchedule of meet
2026-09-01Granting/withdrawal/surrendePursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015, this is to inform that un...
2026-08-24Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to onemeeting with Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-08-18Concall / analyst meetTranscript ofEarnings Call held on 11th August, 2026 post announcement of unaudited financial results ofthe Company for the quarter ended June 30, 202...
2026-08-14Concall / analyst meetIn this regard, we wish to inform you that the company officials will be having one to onemeeting with Analyst(s)/Investor(s) [Participant(s)] virtual...
2026-08-12Director changeChange in Director(s) of the company.
2026-08-12Shareholder meetingVoting results.
2026-08-11Concall / analyst meetLink of Recording
2026-08-11Concall / analyst meetLink of Recording
2026-08-11Shareholder meetingProceedings of Annual General Meeting held on August 11, 2026
2026-08-11Investor PresentationInvestor Presentation
2026-08-11Board meeting outcomeOutcome of Board Meeting held on August 11, 2026.
2026-08-11Board meeting outcomeOrient Bell Limited has submitted to the Exchange, the Unaudited financial results (Consolidated and Standalone) for the period ended Jun 30, 2026.
2026-08-06Concall / analyst meetPlease find attached the schedule and dial-in detail for group Conference Call to be held on Tuesday, 11th August, 2026 at 05:00 p.m. (IST) post submi...
2026-08-06General UpdatesThe Compensation Committee of the Company has in supersession of its decision dated 04/08/2026 regarding grant of 68,000 ESOPs, approved the revised g...
2026-08-04General UpdatesGeneral Updates
2026-07-28Director changeChange in Director(s) of the company.
2026-07-28CessationCessation of Mr. Sameer Kamboj as Non- Executive Independent Director of the company w.e.f. July 26, 2026.
2026-07-17General UpdatesLetter communication to shareholders
2026-07-17Shareholder meetingNotice of Annual General Meeting to be held on August 11, 2026
2026-07-15Record DateRecord date for the purpose of Dividend & Meeting is 24-Jul-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-02-09NCLTOrient Bell Ltd Vs Supertech Ltd
2020-12-16NCLTOrient Bell Ltd. Vs Ansal Hosing and Construction Ltd.
2020-03-13NCLTOrient Bell Ltd. Vs Ansal Hosing and Construction Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Orient Bell Ltd?

Orient Bell Ltd (ORIENTBELL) has a market capitalisation of Rs 594 Cr. at the 2026-10-01 close.

What is the P/E ratio of Orient Bell Ltd?

Orient Bell Ltd trades at a P/E of 28.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Orient Bell Ltd's latest quarterly results?

In the Jun 2026 quarter, Orient Bell Ltd sales was Rs 201 Cr (+43.3% vs Jun 2025) and net profit was Rs 8 Cr.

What is the 52-week high and low of Orient Bell Ltd?

The 52-week high is Rs 434.95 and the 52-week low is Rs 246.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03