M

Murudeshwar Ceramics Ltd.

MURUDCERANSE
Market snapshot · 2026-08-10 20:02 UTC

31.52

+₹0.42 (+1.35%)

MARKET CAP

₹190.84 Cr

STOCK P/E

17.3x

52W HIGH

₹47.50

52W LOW

₹25.16

BOOK VALUE

₹72.02

EPS

₹1.82

ROE

2.87%

SECTOR

Industrials

DEBT/EQUITY

37.49

VOLUME

31,404

P/B RATIO

0.44x

PEG RATIO

Sector

Industrials

Themes

Building Products - CeramicsSangeetha S Portfolio
D
Dividend
₹44.15₹39.84₹35.53₹31.22₹26.91VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Murudeshwar Ceramics is an Indian manufacturer and trader of ceramic and vitrified tiles. Wall tiles, including bathroom, kitchen, outdoor, and digital products, broaden its offering. Floor tiles, spanning glazed, polished vitrified, double-charge, soluble-salt, full-body, and exterior ranges, remain core products. Naveen Ceramic Tiles and Naveen Diamontile provide brand platforms across domestic and international markets. With no major recent development, revenue growth remained limited at 1.3%, though improving margins supported 9.8% profit growth. ROE is low at 2.9%, indicating weak capital productivity despite improving margins. Debt/equity of 37.49 implies extreme leverage, which materially distorts and pressures returns on equity. The stock trades at 17.1 times earnings, broadly fair for 1.3% revenue growth but not compelling given leverage and low ROE. Neutral sentiment reflects limited near-term catalysts and an open question around converting margin improvement into meaningful growth.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for MURUDCERA.

Coverage check

Price Forecast

Current
₹31.52
High Target
Median Target
Low Target
Now₹31.52Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹23.39 - ₹35.1880%
6M₹19.56 - ₹34.8380%
12M₹14.37 - ₹32.5180%
Realized vol: +31.8% · Drift: -32.7%

Revenue Forecast

₹ Cr
Mar '26Current₹63.0
Sep 2026 ETrend estimate range
High₹50.4Base₹46.7Low₹42.9
Jun '25: ₹46.0 · Sep '25: ₹46.0 · Dec '25: ₹51.0 · Mar '26: ₹63.0 · Sep '26: ₹46.7 · Dec '26: ₹51.8
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E46.046.051.063.046.751.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹0.24
Sep 2026 ETrend estimate range
High₹0.79Base₹0.70Low₹0.62
Jun '25: ₹0.32 · Sep '25: ₹0.52 · Dec '25: ₹0.77 · Mar '26: ₹0.24 · Sep '26: ₹0.70 · Dec '26: ₹1.04
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E0.320.520.770.240.701.04
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
50%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Weakening

Fundamentals institutional score is 9 using EVA spread proxy -9.1%; growth durability 13.8.

Valuation

Attractive relative to peers

Valuation institutional score is 90 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Mixed Momentum

Technicals institutional score is 62 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Mixed. valuation provide support, while fundamentals remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersTechnical Structure Mixed Momentum

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score62%
Fundamental Score9%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 27.9% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.35). Confidence: 79%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Strongly Undervalued

5Y Average

20.98

Current

17.09

Overvalued

28.15

Undervalued

18.99

EV/EBITDA
Strongly Undervalued

5Y Average

11.65

Current

9.62

Overvalued

13.38

Undervalued

9.07

P/B
Strongly Undervalued

5Y Average

0.58

Current

0.44

Overvalued

0.66

Undervalued

0.49

Peers & Comparison

Sector: Industrials · Theme: Building Products - Ceramics

Building Products - Ceramics Peers8 peers
Avg P/E: 50.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
EXXARO TILES LIMITED
EXXAROBuilding Products - Ceramics
+31.3%1.3%
69.1x
Premium
+37% vs avg
-18.3%
REGENCY CERAMICS LTD.
REGENCERAMBuilding Products - Ceramics
+60.5%-62.3%
-33.3%
ORIENT BELL LIMITED
ORIENTBELLBuilding Products - Ceramics
+8.3%1.8%
38.7x
Undervalued
-23% vs avg
+10.6%
SOMANY CERAMICS LIMITED
SOMANYCERABuilding Products - Ceramics
+6.4%2.9%
25.3x
Undervalued
-50% vs avg
-5.4%
CERA SANITARYWARE LTD
CERABuilding Products - Ceramics
+12.8%10.0%
38.1x
Undervalued
-25% vs avg
-5.1%
KRUPALU METALS LTD
KRUPALU METALS LTDBuilding Products - Ceramics
OMNIPOTENT INDUSTRIES LTD
OMNIPOTENT INDUSTRIES LTDBuilding Products - Ceramics
NITCO LIMITED
NITCOBuilding Products - Ceramics
+51.1%5.2%
81.4x
Premium
+61% vs avg
-23.9%
WHY THESE PEERS

Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹63 CrMar 2026

Latest net profit

₹1.46 CrMar 2026

Latest EPS

₹0.24Mar 2026

Net margin

15.5%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%5.0%10.0%15.0%20.0%0.00 Cr20 Cr40 Cr60 Cr80 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr20 Cr40 Cr60 Cr80 Cr₹0₹0₹0₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr20 Cr40 Cr60 Cr80 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-250 Cr0.00 Cr250 Cr500 Cr750 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +57.1537.9045.7151.0451.6643.4742.8550.1566.4046.1545.5751.1162.64
Expenses +47.6230.3938.5643.6243.6535.2835.4542.1855.3638.1038.5744.3852.93
Operating Profit9.537.517.157.428.018.197.407.9711.048.057.006.739.71
OPM %16.68%19.82%15.64%14.54%15.51%18.84%17.27%15.89%16.63%17.44%15.36%13.17%15.50%
Other Income +0.760.070.080.034.270.191.770.122.820.122.324.043.09
Interest4.072.962.532.343.213.083.082.854.052.862.782.704.05
Depreciation3.372.762.772.753.723.373.373.374.383.373.373.384.86
Profit before tax2.851.861.932.365.351.932.721.875.431.943.174.693.89
Tax %4.91%39.25%37.82%30.93%77.94%1.04%0.74%1.07%36.28%-0.00%-0.00%-0.00%62.47%
Net Profit +2.701.121.201.631.171.922.701.853.461.953.174.681.46
EPS in Rs0.470.190.210.280.190.320.450.310.570.320.520.770.24
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +73.93%73.93%73.93%73.93%73.93%
FIIs +0.03%0.03%
Public +26.04%26.06%26.02%26.07%26.05%
Others0.01%0.02%0.02%
Jun 2026
Promoters +
Public +
Others

Events Timeline

Board Meeting Intimation for Notice Of The Board Meeting Scheduled To Be Held On Wednesday, August 12, 2026.

Aug 01, 2026PDFCompany Reports Open

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Jul 09, 2026PDFCompany Reports Open

Closure of Trading Window

Jun 25, 2026PDFCompany Reports Open

Results - Financial Results For The Quarter And Year Ended March 31, 2026

May 29, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of The Board Meeting Held Today, On May 29, 2026, And Announcements Pursuant To Regulation 30 Of The SEBI (SEBI) Regulations, 2015 And Submission Of Financial Results For The Quarter And Year Ended March 31, 2026.

May 29, 2026PDFCompany Reports Open