SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Orient Ceratech Ltd (ORIENTCER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504879 NSE: ORIENTCER Refractories | Small Cap | Orient Ceratech Share Price

₹38.61 -1.27 (-3.18%)

As on 04-Jun'26 16:59

Orient Ceratech Ltd (ORIENTCER)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504879 NSE: ORIENTCER Refractories | Small Cap | Orient Ceratech Share Price

₹38.61 -1.27 (-3.18%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹462 Cr.
Current Price
₹38.6
52-Week Low / High
₹34 / 57
TTM EPS
₹1.6
TTM Sales
₹405 Cr.
Book Value per Share
₹24.7
P/E Ratio
24.73
Lower than its 5-year historical median
Industry PE
46.5
Price to Book (P/B)
1.57
In line with its 5-year historical median
Price to Sales (P/S)
1.14
Lower than its 5-year historical median
EV/EBITDA
10.87
Lower than its 5-year historical median
Dividend Yield
0.81%
Profitability Efficiency
Return on Equity (ROE)
3.49%
Underperforms industry median
Return on Capital Employed (ROCE)
5.97%
Underperforms industry median
Return on Assets (ROA)
2.49%
Operating Profit Margin
7.1%
Net Profit Margin
2.89%
Gross Profit Margin
7.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
4.94%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-12.07%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-43.83%
Asset Quality
Promoter Holding
63.90%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹283 Cr.
Equity
₹12 Cr.
Face Value
₹1
All Time Low / High
₹0.08 / 72.40

Orient Ceratech stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

Quality

Not Good
Check detailed performance

Valuation

Fair

Check Valuation charts

Price Trend

Semi Strong
Check Price chart
Q.1 Is Orient Ceratech Ltd a good quality company?
Orient Ceratech Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Orient Ceratech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Orient Ceratech Ltd vs industry peers?
Orient Ceratech Ltd revenue CAGR is -0.78%, compared to the industry median CAGR of 4.42%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Orient Ceratech Ltd?
Promoters hold 63.90% of the Orient Ceratech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Orient Ceratech Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -1.3% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Orient Ceratech Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ20.5%6.3%10.2%10.8%12%7.8%4.3%7.1%8.8%6%-
Value Creation
Index ⓘ		0.5-0.6-0.3-0.2-0.1-0.4-0.7-0.5-0.4-0.6-

Growth Parameters ⓘ
Sales ⓘ286219324313346302259284317333405
Sales YoY Gr.--23.6%47.8%-3.3%10.5%-12.6%-14.4%9.7%11.7%4.9%-
Adj EPS ⓘ20.61.41.41.70.90.50.91.10.71.6
YoY Gr.--70.7%128.8%0%23.7%-44.3%-43%60.4%28.2%-40.4%-
BVPS (₹) ⓘ14.715.216.317.419.420.220.721.622.823.424.7
Adj Net
Profit ⓘ		24.17.116.216.219.911.26.410.213.17.819
Cash Flow from Ops. ⓘ8.921.614.39.940.829.51741.6-15.140.3-
Debt/CF from Ops. ⓘ4.12.54.37.71.312.20.4-3.81.1-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ1.7%-0.8%8.7%4.9%
Adj EPS ⓘ-11.8%-17.2%7%-40.4%
BVPSⓘ5.3%3.7%4.1%2.6%
Share Price 0.1% 8.4% 10.6% 10%

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		14.648.47.78.94.72.644.92.86.5
Op. Profit
Mgn % ⓘ		16.89.79.712.611.310.16.378.57.17.3
Net Profit
Mgn % ⓘ		8.43.355.25.83.72.53.64.12.34.6
Debt to
Equity ⓘ		0.20.30.30.40.20.10.20.10.20.20
Working Cap
Days ⓘ		17228723925522625230227828028094
Cash Conv.
Cycle ⓘ		10416311915315116717613112013662

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales286219324313346302259284317333
Operating Expenses ⓘ + 239198292274307272243264290309
Manufacturing Costs100759595917543367683
Material Costs7375139122150135148181162158
Employee Cost 22232626333022161924
Other Costs ⓘ 44253231333230303244
Operating Profit ⓘ 47213139393116202724
Operating Profit Margin (%) 16.6%9.6%9.6%12.3%11.3%10.1%6.1%7.0%8.5%7.1%
Other Income ⓘ + 2142826967
Exceptional Items ⓘ 0000-100040
Interest ⓘ 3569963447
Depreciation ⓘ 981011101110101011
Profit Before Tax ⓘ 379192126169162213
Tax ⓘ 13225652353
Profit After Tax 247171621117131710
PAT Margin (%) 8.3%3.2%5.3%5.2%5.9%3.8%2.7%4.5%5.4%2.9%
Adjusted EPS (₹)2.00.61.41.41.71.00.61.11.40.8
Dividend Payout Ratio (%)12.70%42.70%17.60%18.50%8.70%15.80%25.60%23.70%17.50%31.10%

Valuation of Orient Ceratech - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 175182195208233242248259272279
Share Capital ⓘ 12121212121212121212
Reserves ⓘ 163170183196221230236247260267
Debt +36525772502736135341
Long Term Debt06131172061511
Short Term Debt3647446143253673930
Minority Interest0000000000
Trade Payables37666840343727264432
Others Liabilities ⓘ 27373841323424232724
Total Liabilities ⓘ 275337359361348340334321396377

Fixed Assets

Net Fixed Assets ⓘ +9590134126129122110100111103
Gross Block208211264250259259252252273275
Accumulated Depreciation113121130124130137142151161172
CWIP ⓘ 634131000325
Investments ⓘ 0000000055
Inventories71111105112837760577892
Trade Receivables817284829310475697977
Cash Equivalents 326121086655
Others Assets ⓘ 192830263228848811570
Total Assets ⓘ 275337359361348340334321396377

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 922141041301742-1540
PBT ⓘ 379192126169162213
Adjustment ⓘ 11151423201797513
Changes in Working Capital ⓘ -37-1-16-312-1122-3720
Tax Paid ⓘ -2-2-4-3-7-2-2-4-5-6
Cash Flow From Investing Activity ⓘ + -9-31-22-10-113-20-11-24-19
Capex -10-30-20-7-9-420-20-24
Net Investments -0-1-2-3-3621-71
Others ⓘ 1-00001-24-1234
Cash Flow From Financing Activity ⓘ + 1974-34-303-2837-21
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ 0611-2-4-6-4-2-2-4
Interest Paid ⓘ -3-4-5-8-8-5-2-3-3-6
Dividend Paid ⓘ -4-4-3-4-4-2-2-2-3-3
Others ⓘ 810517-18-1811-2145-8
Net Cash Flow ⓘ 1-1-04-42-02-20

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.283.9298.029.334.792.874.996.443.49
ROCE (%)20.476.2510.1910.7612.047.794.267.088.795.97
Asset Turnover Ratio1.240.790.940.870.980.880.770.870.880.86
PAT to CFO Conversion(x)0.383.140.820.631.952.732.433.23-0.884
Working Capital Days
Receivable Days68115.2087.2096.6092.40119.20126.6092.6085.1085.60
Inventory Days80.80136.80120.10126.10102.8096.6096.107577.7093.40
Payable Days145.30249.80176.50162.108995.6078.3053.3078.6087.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Orient Ceratech Ltd FAQs

The current trading price of Orient Ceratech on 04-Jun-2026 16:59 is ₹38.61.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Orient Ceratech stood at ₹461.9 Cr

The latest P/E ratio of Orient Ceratech as of 03-Jun-2026 is 24.73.

The latest P/B ratio of Orient Ceratech as of 03-Jun-2026 is 1.57.

The 52-week high of Orient Ceratech is ₹56.58 and the 52-week low is ₹34.01.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Orient Ceratech is ₹405 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Orient Ceratech Ltd is a below average quality company.

The key valuation ratios of Orient Ceratech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Orient Ceratech Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Orient Ceratech Ltd

Orient Ceratech (formerly known as ‘Orient Abrasives Limited’) is a public limited company domiciled in India and incorporated on November 12, 1971 under the provisions of the Companies Act. The registered office of the company is located at Mumbai. The equity shares of the Company are listed on Bombay Stock Exchange (BSE) as well as National Stock Exchange (NSE). Orient Ceratech was acquired in 2015 by the Ashapura Group of Industries. With its extensive Bauxite mine integration and captive resources of premium raw material, the company has grown significantly over the years to become India's largest producer of Ceramic Proppants, High Performance Castables, and Refractory Raw Materials. With ISO 9001 certification and strong management, the company is recognized for its quality offerings worldwide.

The company is principally engaged in the business of production and trading of aluminum refractories and monolithics products, mining of bauxite ores and generation of power (including windmill facilities).  Its comprehensive range of refractory raw materials and castables products caters to industries such as Iron & Steel making, Refractory, Abrasives, Roads & Constructions, Foundry, and Ferroalloy, having a large domestic and international clientele. Supported by an in-house R&D facility, it continually innovates and enhances its product offerings, ensuring superior product development and technical services for continuous improvement. Using high-quality in-house raw materials, Orient Ceratech is the preferred choice for quality products. Orient Ceratech's global footprint extends across Europe, the Middle East, Africa, Asia, and Australia. Its distribution networks and clientele span China, UAE, Guinea, Belgium, Oman, South Korea, Malaysia, and Indonesia. It prides itself on being the preferred choice for quality products worldwide.

Business area of the company

The company is principally engaged in the business of production and trading of aluminum refractories and monolithics products, mining of bauxite ores and generation of power (including windmill facilities).  

Products of the company

  • Ceramic Raw Materials
  • High Performance Castables
  • Proppants
  • Foundry Sands & Coatings
  • Synthetic Aggregates
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×