MarketFriction

Orient Ceratech Ltd

NSE ORIENTCER · BSE 504879 · Electrodes & Refractories
₹44.12 -1.74%
NSE close2026-10-01
52 week range34.00 - 56.64
Market cap₹535 Cr.
P/E15.9
Price band 20% Delivery 45.1%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales82.8975.0582.6198.0970.3374.1284.5796.25113.5593.3597.07100.65
Expenses71.8066.9174.6789.7763.2467.8775.3988.45100.8481.7285.6584.43
Operating Profit11.098.147.948.327.096.259.187.8012.7111.6311.4216.22
OPM %13.38%10.85%9.61%8.48%10.08%8.43%10.85%8.10%11.19%12.46%11.76%16.12%
Other Income0.053.011.290.720.831.380.921.741.80-0.671.03-0.25
Interest0.800.531.181.551.691.871.981.451.211.231.221.33
Depreciation3.393.823.263.603.643.613.542.783.493.843.153.21
Profit before tax6.956.804.793.892.592.154.585.319.815.898.0811.43
Tax %24.46%22.79%10.65%25.19%28.57%20.47%24.24%19.21%23.65%25.13%30.07%24.93%
Net Profit5.255.254.292.911.851.703.474.307.494.415.668.57
EPS in Rs0.440.440.360.240.150.140.290.360.630.370.470.72
Mar 2011Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales366268302313327397405
Expenses290250276278295355353
Operating Profit76182635324252
OPM %21%7%9%11%10%11%13%
Other Income4587442
Interest8344855
Depreciation13111214141214
Profit before tax5991824132935
Tax %21%21%21%22%25%26%
Net Profit4771419102226
EPS in Rs3.910.571.191.590.831.832.19
Dividend Payout %26%26%21%16%30%19%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%10%24%
Compounded Profit Growth%%23%211%
Stock Price CAGR4%10%6%26%
Return on Equity%6%6%9%
Mar 2011Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212121212
Reserves172236248264271290
Borrowings923815587240
Other Liabilities595652736374
Total Liabilities335341327406418416
Fixed Assets140147149160150152
CWIP16125269
Investments000000
Other Assets178193176241242255
Total Assets335341327406418416
Mar 2011Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity433244-142151
Cash from Investing Activity-37-34-13-24-23-8
Cash from Financing Activity-52-28374-40
Net Cash Flow1-02-213
Free Cash Flow6-629-37-443
CFO/OP74%191%183%-27%83%138%
Mar 2011Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7110288928671
Inventory Days213160142345387259
Days Payable1048063159139102
Cash Conversion Cycle180183167277334227
Working Capital Days126142143143162146
ROCE %8%8%6%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.58%63.58%63.58%63.58%63.58%63.58%63.58%63.58%63.58%63.90%63.90%63.90%
FIIs13.23%13.30%13.25%13.23%13.23%13.23%13.23%13.23%13.32%13.36%13.32%13.32%
Public23.18%23.12%23.18%23.19%23.19%23.19%23.18%23.20%23.10%22.74%22.78%22.78%
No. of Shareholders23,79425,36527,60926,92227,31227,77427,42727,20427,26727,08426,72226,226

Fundamentals

Market Cap₹ 535 Cr.
Current Price₹ 45.6
Stock P/E15.9
Book Value₹ 25.3
ROCE11.4 %
ROE9.13 %
Dividend Yield0.77 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)211%
Consolidated figures.
Valuation
Market capRs 528 Cr
Enterprise valueRs 560 Cr
P/E (TTM)20.20x
Price to book2.13x
Price to sales1.30x
EV / EBITDA10.39x
EV / EBIT13.92x
EV / sales1.38x
Price to cash flow16.57x
Earnings yield4.95%
Dividend yield0.34%
Profitability
Operating margin (excl. other income)6.63%
Operating margin (incl. other income)8.65%
EBITDA margin13.32%
Pre-tax margin8.70%
Net profit margin6.46%
Net margin, latest quarter8.51%
ROE3.18%
ROCE4.17%
ROA2.03%
ROIC (approx.)11.35%
Tax rate21.13%
Other income / net worth2.18%
Growth
Sales growth (latest year)-26.86%
Profit growth (latest year)-85.32%
Sales growth QoQ3.69%
Profit growth QoQ51.41%
Sales growth YoY (latest quarter)4.57%
Profit growth YoY (latest quarter)99.30%
Per share
EPS (TTM)Rs 2.18
EPS (latest year)Rs 0.57
EPS (latest quarter)Rs 0.72
Book value per shareRs 20.69
Sales per shareRs 33.81
Cash flow per shareRs 2.66
Free cash flow per shareRs 3.59
Dividend per share (latest year)Rs 0.15
Dividends
Dividend payout26.24%
Efficiency
Asset turnover0.79x
Fixed asset turnover1.82x
Inventory turnover3.05x
Inventory days120 days
Debtor days102 days
Debtors turnover3.56x
Creditor days102 days
Cash conversion cycle227 days
Working capital days146 days
Leverage
Total debtRs 38 Cr
Cash and bankRs 6 Cr
Net debtRs 32 Cr
Debt to equity0.15x
Net debt / EBITDA0.59x
Interest coverage8.06x
Current ratio (filing 2026-03-31)3.07x
Quick ratio (filing 2026-03-31)1.49x
Trade payables (filing 2026-03-31)Rs 50 Cr
Owners' fund to total sources72.62%
Debt to assets11.07%
Cash flow
Cash from Operating Activity (latest year)Rs 32 Cr
Cash from Investing Activity (latest year)Rs -34 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 43 Cr
FCFE (approx.: FCF + change in debt)Rs -12 Cr
Cash from ops / profit, 5 years1.86x
Sales to cash flow8.40x
Statement figures
Net sales (TTM)Rs 405 Cr
Net sales (latest year)Rs 268 Cr
Sales (latest quarter)Rs 101 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 54 Cr
PBDT (TTM)Rs 49 Cr
Profit before tax (TTM)Rs 35 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 26 Cr
Net profit (latest year)Rs 7 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 14 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 194 Cr
Total expenditure (latest year)Rs 250 Cr
Total income (latest year)Rs 273 Cr
Share capitalRs 12 Cr
ReservesRs 236 Cr
Shareholders' fundsRs 248 Cr
Total assetsRs 341 Cr
Net blockRs 147 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 75 Cr
InventoryRs 64 Cr
Other liabilitiesRs 56 Cr
Shares outstanding (crore)11.97
Ownership
Promoter holding63.90% (+0.32 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodORIENTCERNifty 50Difference
1 week-5.8%-2.8% -3.0 pts
1 month+2.1%-6.8% +8.9 pts
3 months+9.2%-7.6% +16.8 pts
6 months+28.0%+0.4% +27.6 pts
1 year+19.3%-9.9% +29.2 pts
2 years-17.9%-13.6% -4.3 pts
3 years+16.1%+14.2% +1.9 pts
5 years+52.9%+27.9% +25.0 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 6% vs sales -27% in 2026
lookProfit leans on other income Other income was 62% of pre-tax profit in 2026
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 ₹101 Cr +4.6% vs Jun 2025. Net profit ₹9 Cr +99.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-17Dividend - Re 0.35 Per Share
2025-09-16Dividend - Rs 0.25 Per Share
2024-09-23Dividend - Re 0.25 Per Share
2024-09-23Annual General Meeting
2023-09-18Dividend - Re 0.25 Per Share
2023-09-18Annual General Meeting
2022-09-16Annual General Meeting/Dividend - Rs 0.15 Per Share
2021-09-15 Dividend - Rs 0.15 Per Share
2021-09-15 Annual General Meeting
2020-11-25 Dividend - Rs 0.15 Per Share
2020-11-25 Annual General Meeting
2019-09-19 Annual General Meeting/Dividend - Rs 0.25 Per Share
2018-09-18 Annual General Meeting/Dividend- Re 0.25 Per Share
2017-09-07 Dividend - Re 0.25 Per Share
2017-09-07 Annual General Meeting
2016-09-16 Annual General Meeting/Dividend - Re 0.25 Per Share
2015-09-21 Annual General Meeting/Dividend Re 0.25 Per Share
2014-09-15Annual General Meeting / Final Dividend - Re 0.20/- Per Share
2013-07-09Annual General Meeting And Final Dividend Re.0.35 Per Share
2012-09-13Annual General Meeting And Dividend Re.0.20 Per Share
2011-11-11Scheme Of Arrangement
2011-11-11Inferred from price: close fell to 0.337x overnight, no NSE action on record0.3333
2011-09-15Annual General Meeting
2011-03-14Interim Dividend - Re. 1/- Per Share (Purpose Revised)
2010-07-16Annual General Meeting And Dividend Re.1/- Per Share
2009-08-12Bonus 1:10.5000
2009-06-30Agm/Div-Rs.1.30 Per Share
2008-07-07Agm/Dividend - 90%
2007-07-06Agm/Final Dividend-70%
2006-06-20Agm/Dividend-70%
DateTypeWhat it says
2026-09-24ResignationResignation of Director/KMP/SMP
2026-09-24ResignationResignation of Director/KMP/SMP
2026-09-24Board meeting outcomeOutcome of Board Meeting held on September 24, 2026.
2026-09-24Shareholder meetingVoting results.
2026-09-24Shareholder meetingProceedings of Annual General Meeting held on September 24, 2026
2026-09-02Record DateRecord date for the purpose of Dividend is 17-Sep-2026.
2026-09-02UpdatesLetter to Shareholders whose Email addresses are not registered.
2026-09-02Shareholder meetingAnnual General Meeting, Annual Report 2025-2026 Record Date & Remote E-Voting.
2026-08-06Board meeting outcomeORIENT CERATECH LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-30Shareholder meetingVoting results.
2026-07-30Shareholder meetingProceedings of Postal Ballot
2026-07-02Credit Rating- OthersCredit Rating- Others
2026-07-01General UpdatesGeneral Updates
2026-06-30Shareholder meetingNotice of Postal Ballot
2026-06-29Disclosure under SEBI TakeovORIENT CERATECH LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-06-18Closure of operationsClosure of operations
2026-06-09General UpdatesGeneral Updates
2026-06-05Disclosure under SEBI TakeovCURA GLOBAL HOLDINGS LIMITED has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (...
2026-05-27AppointmentRe-Appointment for second term of Mr Ketan Shrimankar as Non- Executive Independent Director of the company w.e.f. August 11, 2026.
2026-05-27General UpdatesSale of Thermal Power Station (Power Division)
2026-05-27DividendBoard of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 0.35 per equity share.
2026-05-27Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-05-27Board meeting outcomeORIENT CERATECH LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-08ResignationResignation of Mrs Seema Sharma as Company Secretary & Compliance Officer of the company w.e.f. April 07, 2026.
2026-03-12Credit Rating- RevisionCredit Rating- Revision
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
2021-03-19NCLTOrient Abrasives Ltd Vs MPR Refractories Ltd
2020-10-19NCLATOrient Abrasives Ltd VS Fairmate Chemicals Pvt Ltd
2020-02-27NCLTOrient Abrasives Ltd Vs MPR Refractories 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 Ceratech Ltd?

Orient Ceratech Ltd (ORIENTCER) has a market capitalisation of Rs 535 Cr. at the 2026-10-01 close.

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

Orient Ceratech Ltd trades at a P/E of 15.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Orient Ceratech Ltd's latest quarterly results?

In the Jun 2026 quarter, Orient Ceratech Ltd sales was Rs 101 Cr (+4.6% vs Jun 2025) and net profit was Rs 9 Cr.

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

The 52-week high is Rs 56.64 and the 52-week low is Rs 34.00.

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