Orient Ceratech Ltd

Orient Ceratech Ltd

40.63
INR
+0.20
(+0.49%)
2.35EPS
18.19P/E
4.75BMarket Cap
Orient Ceratech Ltd
NSE:ORIENTCER
(National Stock Exchange of India)

Recent

price

40.63

P/E

ratio

18.19

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
30.58
13.97
15.21
14.57
15.29
23.94
18.24
26.94
25.66
28.93
25.25
22.2
25.19
26.11
27.12
33.41
33.88
Revenue per Share
3.91
0.76
1.33
0.59
1.03
1.97
0.59
1.42
1.35
1.72
0.95
0.57
1.19
1.59
0.83
1.83
2.18
Basic EPS, GAAP
1.55
0.54
2.45
1.06
0.17
-0.1
-0.69
-0.5
0.02
2.67
2.13
-0.61
2.34
-3.51
-0.36
3.33
- -
Free Cash Flow per Basic Share
2
0.07
0.23
0.41
0.24
0.3
0.3
0.3
0.3
0.3
0.15
0.15
0.15
0.26
0.26
0.26
- -
Dividend per Share
15.35
11.01
11.93
12.29
12.98
14.94
15.22
17.01
18.07
19.44
20.24
20.69
21.76
23.04
23.65
25.25
- -
Book Value per Share
15.33
11.01
11.93
12.29
12.98
14.9
15.09
16.9
17.98
19.37
20.2
20.67
21.75
23.03
23.64
25.24
- -
Tangible Book Value per Share
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
120
Basic Weighted Avg Shares
3,659
1,671
1,820
1,743
1,829
2,864
2,183
3,223
3,071
3,458
3,022
2,657
3,014
3,123
3,244
3,997
4,058
Sales/Revenue/Turnover
-84.82
11.14
12.94
7.35
10.8
13.64
6.04
7.43
9.78
9.21
6.44
3.7
5.57
7.11
6.66
8.03
7.9
Operating Margin (%)
130
123
127
127
106
90
80
95
109
103
111
114
119
135
144
181
177
Depreciation Expense
468
91
159
71
123
236
70
170
162
206
114
69
142
190
99
219
261
Net Income, GAAP
27.6
27.32
22.66
33.25
28.18
36.32
25.69
12.09
21.94
21.54
28.78
21.18
21.5
21.84
24.86
22.72
22.37
Effective Tax Rate (%)
12.8
5.47
8.76
4.05
6.73
8.24
3.21
5.27
5.27
5.94
3.76
2.58
4.72
6.09
3.06
5.47
6.44
Profit Margin (%)
445
200
379
453
512
836
690
869
1,058
1,189
1,295
1,102
1,249
1,287
1,511
1,679
- -
Working Capital
322
130
90
30
- -
- -
57
131
114
73
16
- -
55
148
367
218
- -
LT Debt
1,837
1,317
1,428
1,470
1,553
1,787
1,821
2,035
2,162
2,325
2,422
2,475
2,603
2,757
2,830
3,021
- -
Total Equity
-104.57
4.62
9.32
4.28
7.06
11.92
4.3
8.36
7.85
8.34
5.01
2.65
4.77
6.88
4.8
6.79
- -
Return on Invested Capital (%)
24.44
7.03
9.32
5.19
8.08
12.93
4.43
8.68
7.97
9.44
5.59
3.11
5.99
6.96
4.28
7.31
- -
Return on Capital (%)
28.03
5.8
11.62
4.87
8.14
14.14
3.89
8.81
7.71
9.16
4.79
2.8
5.6
7.1
3.55
7.47
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
178
- -
LT Borrowings
- -
218
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
120
Market Capitalization
5,919
4,123
4,746

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,471
- -
Cash, Cash Equivalents & STI
- -
99
- -
Accounts Receivable, Net
- -
768
- -
Inventories
- -
1,253
- -
Total Current Liabilities
- -
793
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
178
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.43%
4.54%
6.75%
Free Cash Flow
1,173.26%
-397.84%
-1,035.35%
Net Income, GAAP
22.34%
34.74%
120.22%
Sales/Revenue/Turnover
5.12%
6.41%
23.18%
Total Cash Common Dividend
- -
- -
0.22%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
981
700
741
846
3,244
2026
963
1,136
934
982
3,997
2027
1,006
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.24
0.15
0.14
0.29
0.83
2026
0.36
0.63
0.37
0.47
1.83
2027
0.71
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.26
2026
- -
- -
- -
- -
0.26
2027
- -
- -
- -
- -
- -
Business
Orient Ceratech Ltd manufactures and markets aluminum refractories, monolithics, high alumina raw materials, ceramic proppants, and related products for steel, oil and gas, abrasives, refractories, and construction industries. Core offerings include brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused alumina-magnesia spinel, calcined bauxite, high alumina refractory cement; monolithics such as conventional and low-cement castables, refractory mortars, and neutral ramming mass; and ceramic proppants encompassing intermediate-strength and high-strength variants for hydraulic fracturing. The company operates manufacturing facilities in Porbandar and Bhuj, Gujarat, with captive bauxite and kaolin resources, and maintains a global distribution network across Europe, the Middle East, Africa, Asia, and Australia, serving clients in countries including China, UAE, Oman, South Korea, and Indonesia. Incorporated in 1971 and headquartered at Lawrence & Mayo House, 3rd Floor, Dr. D.N. Road, Fort, Mumbai, India, Orient Ceratech functions as a key entity within the Ashapura Group of Industries, which acquired it in 2015. Recent developments encompass a name change from Orient Abrasives Ltd. to Orient Ceratech Ltd. effective July 31, 2023; a ₹50 crore capital expenditure in FY25 for acquisition and expansion of a chamotte plant from a group entity, doubling capacity in one of its top product lines and reaching trial run stage by Q1FY26; and debt increase to ₹75 crore as of March 31, 2025, partly to fund the expansion, alongside ₹10 crore unsecured loan repayment in Q1FY26.