Orient Bell Limited

Orient Bell Limited

ORIENTBELL.BO
Orient Bell LimitedIN flagBombay Stock Exchange
319.90
INR
+3.95
- -
4.73BMarket Cap
Orient Bell Limited
ORIENTBELL.BO
(Bombay Stock Exchange)

Recent

price

319.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
316.94
518.78
422.67
431.08
507.69
482.92
451.24
460.06
399.67
343.69
349.12
452.11
484.13
460.61
457.33
- -
465.49
Revenue per Share
11.97
12.78
7.25
1.49
3.5
4.43
10.66
28.18
6.52
4.99
5.36
22.36
15.56
0.63
1.95
- -
8.42
Basic EPS, GAAP
-4.73
31.23
17.7
31.72
32.31
25.91
25.24
8.31
-11.95
41.88
6.74
10.95
-17.92
-16.87
18.51
- -
- -
Free Cash Flow per Basic Share
2.33
2.33
1.74
1.75
0.58
0.57
0.6
0.6
0.6
0.62
0.02
0.5
1
1
0.5
- -
- -
Dividend per Share
10
36.36
32.97
33.89
36.76
67.46
79.85
106.63
112.02
115.73
121.46
143.12
157.26
156.77
158
- -
9.97
Book Value per Share
128.98
160.24
128.77
129.84
132.6
115.54
129.14
156.37
163.15
167.49
173.8
197.75
214.68
215.35
216.85
- -
222.79
Tangible Book Value per Share
11
11
14
14
14
15
14
14
14
14
14
14
14
15
15
- -
15
Basic Weighted Avg Shares
3,338
5,463
5,737
5,851
6,932
7,025
6,358
6,539
5,694
4,906
5,000
6,507
6,996
6,695
6,666
6,870
6,870
Sales/Revenue/Turnover
7.86
5.6
6.86
4.7
4.66
6.95
6.77
5.27
3.5
1.25
2.74
5.51
3.24
-0.45
1.13
2.51
2.51
Operating Margin (%)
125
190
186
194
178
171
191
150
165
206
206
206
211
214
225
223
223
Depreciation Expense
126
135
98
20
48
64
150
400
93
71
77
322
225
9
28
124
124
Net Income, GAAP
24.51
- -
43.6
55.82
53.34
50.33
42.79
15.4
34.17
- -
32.82
8.41
24.74
19.26
24.68
24.04
24.04
Effective Tax Rate (%)
3.78
2.46
1.71
0.35
0.69
0.92
2.36
6.13
1.63
1.45
1.54
4.95
3.21
0.14
0.43
1.81
1.81
Profit Margin (%)
-600
-90
-195
-59
-46
51
271
777
671
700
934
934
755
755
832
987
987
Working Capital
567
966
827
885
620
531
466
274
451
412
305
65
44
430
303
167
167
LT Debt
1,452
1,692
1,754
1,766
1,813
1,682
1,820
2,224
2,326
2,396
2,493
2,848
3,102
3,130
3,161
3,288
3,288
Total Equity
12.11
- -
6.28
3.49
4.57
7.78
8.23
9.78
4.14
- -
3.13
11.11
5.47
-0.72
1.58
3.63
3.63
Return on Invested Capital (%)
21.99
- -
3.27
5.52
6.8
5.8
9.61
20.11
5.96
- -
4.9
16.19
10.45
0.93
2.34
9.43
9.43
Return on Capital (%)
119.73
55.12
23.7
4.47
9.95
8.69
14.26
30.33
5.97
4.38
4.53
16.94
10.38
0.4
1.24
10.14
10.14
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
148
- -
145
LT Borrowings
229
- -
161
LT Finance Leases
1
- -
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
- -
15
Market Capitalization
4,223
4,696
3,739

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,291
- -
2,443
Cash, Cash Equivalents & STI
334
- -
598
Accounts Receivable, Net
1,113
- -
1,127
Inventories
759
- -
652
Total Current Liabilities
1,377
- -
1,456
Payables & Accruals
- -
- -
- -
ST Debt
148
- -
145
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.11%
5.82%
4.03%
Free Cash Flow
-121.16%
-72.01%
56.28%
Net Income, GAAP
94.92%
148.34%
337.2%
Sales/Revenue/Turnover
0.45%
7.19%
3.06%
Total Cash Common Dividend
283.34%
585.03%
0.51%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,432
1,587
1,610
2,067
6,695
2025
1,472
1,593
1,619
1,981
6,666
2026
1,421
1,641
1,674
2,134
6,870

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.9
0.48
-2.31
- -
0.63
2025
-1.28
0.66
0.66
1.88
1.95
2026
-0.25
2.17
2.31
4.24
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
Business
Orient Bell Limited manufactures and markets ceramic and vitrified tiles under the Orientbell brand; its product portfolio encompasses glazed wall tiles, floor tiles, digital vitrified tiles, polished vitrified tiles, double charged vitrified tiles, and designer series including wooden, marble, stone, and 3D designs, complemented by adhesives such as Masterbond; the company offers over 3,000 unique designs and 4,000 SKUs distributed through more than 2,000 channel partners, exclusive Orient Bell Tile Boutiques (OBTBs), and online visualization tools like TriaLook. Incorporated on May 18, 1977, as Orient Ceramics and Industries Limited and renamed Orient Bell Limited following the 2010 acquisition of Bell Ceramics, the company maintains its headquarters in New Delhi with manufacturing facilities in Sikandrabad, Uttar Pradesh; Hoskote, Karnataka; and Dora, Gujarat, achieving a total installed capacity of approximately 42.4 million square meters annually including joint ventures; it also utilizes outsourced facilities in Morbi, Gujarat. Operations span the domestic Indian market across residential, commercial, and institutional segments, emphasizing sustainability through zero-waste water release, process waste recycling, and renewable energy initiatives. Recent developments include the FY24 commissioning of GVT Line 2 at the Dora plant ahead of schedule adding 3.3 million square meters capacity to target southern and western markets; addition of 70 new OBTBs to enhance retail reach; strategic renewable energy Power Purchase Agreement with Sunsure Solarpark Sixteen Private Limited for the Sikandrabad plant; consolidation of banking with State Bank of India alongside existing lenders; and maintenance of associate relationships with Proton Granito Private Limited and Corial Ceramic Private Limited.