Orient Bell

NSE: ORIENTBELLBSE: 530365
Compare with peers
₹ 359.50▼ 4.6 (−1.26%)28 Oct, 03:29 pm IST
Market cap
₹ 513 Cr.
P/E
23.3x
P/B
1.64x
52-week range
246.55 – 442
ROE
4%
ROCE
6%
Dividend yield
0.3%
Debt / equity
0.09
Sector
Consumer Durables
Industry
Ceramics
Listed on
NSE, BSE

About

Orient Bell Limited is an India-based company, which is engaged in the manufacturing, trading and selling of ceramic and floor tiles. It offers various tile categories, which include floor tiles, wall tiles, bathroom tiles, kitchen tiles, living room tiles, marble tiles, wooden tiles, vitrified tiles, ceramic tiles and others. It also offers products, such as germ-free tiles, forever tiles, cool tiles, non-digital tiles, kerinox tiles, anti-static tiles, carving tiles and GVT endless tiles. It offers various different finishes, matte finish and glossy finish tiles. The tiles are also available in various sizes, ranging from large 800x2400 mm to small 200x300 mm to plank-sized 200x1200 mm. Available in a variety of designs, such as wooden, stone, 3D, marble, and others, the tiles are also available in a plethora of different colors. It also offers ODG Juno Multi DK, EHM Stone Brick Cotto, EHM Stone Brick Beige, EHM Stone Brick Brown, and EHM Slump Block Brown.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Ceramics: 10 companies →

Orient Bell against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)23.3 against a typical 43.6: cheaper than most peers (1st = cheapest).4th of 10
  • Sales growth+43.3% against a typical +34% from a year earlier.4th of 10
  • Share price, 3 months+14.5% against a typical −3.3%.2nd of 10
  • Size₹ 513.1 Cr. market value against a typical ₹ 395.9 Cr. (1st = largest).5th of 10

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A- by CRISIL
A-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil A-Stable26 Oct 2026
India Ratings——18 Sep 2026
Credit rating actions
RatingDetails
26 Oct 2026
Reaffirmed
Crisil A-—CRISIL₹ 236.15 Cr.
18 Sep 2026
Reaffirmed
——India Ratings₹ 200 Cr.
21 Apr 2026
Rating action
Crisil A-—CRISIL₹ 236.15 Cr.
20 Mar 2026
Rating action
——India Ratings₹ 200 Cr.

Research by Minerva Capital Research Solutions

Our research team's work on Orient Bell

Also covered in

Sector note · 4 Aug 2025Premium
Premium

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Aug 2026Financial ResultsTo consider and approve the financial results (Standalone and Consolidated) for the period ended Jun 30, 2026.
19 May 2026Financial Results/Dividend(i) Intimation regarding the next meeting of Board of Directors of the Company, interalia, to consider and approve Audited (Standalone & Consolidated) financial results for the quarter/ year ended 31.03.2026. (ii) Recommendation of Dividend, if any.
27 Jan 2026Financial ResultsIntimation regarding the next meeting of Board of Directors of the Company, interalia, to consider and approve Unaudited (Standalone & Consolidated) financial results for the quarter and nine months ended 31st December, 2025.
11 Nov 2025Financial ResultsThis is to inform you that in terms of the provisions of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the next Meeting of Board of Directors of the Company is scheduled to be held on Tuesday, 11th November, 2025, inter-alia, to consider and approve the following:1. Reg. 29(1)(a): Unaudited (Standalone & Consolidated) Financial Results for the quarter and half year ended 30th September, 2025;In view of the above, the trading window which is already closed from 01st October, 2025 will remain closed till the expiry of 48 hours from the declaration of unaudited financial results of the Company for the quarter and half year ended 30th September, 2025.
5 Aug 2025Financial ResultsIntimation regarding the next meeting of Board of Directors of the Company, interalia, to consider and approve Unaudited (Standalone & Consolidated) financial results for the quarter ended 30.06.2025.
22 May 2025Financial Results/DividendThis is to inform you that in terms of the provisions of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the next Meeting of Board of Directors of the Company is scheduled to be held on Thursday, 22nd May, 2025, inter-alia, to consider and approve the following:1. Reg 29(1)(a) : Audited (Standalone & Consolidated) Financial Results for the quarter and year ended 31.03.2025. 2. Reg 29(1)(e) : To decide & recommend dividend, if any, to the members for the Financial Year ended on 31.03.2025.In view of the above, the trading window which is already closed from 01st April, 2025 will remain closed till the expiry of 48 hours from the declaration of audited financial results of the Company for the quarter and year ended 31st March, 2025.This is for your kind information and record please.

Share price

1Y change +17.75%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales160162208148160161191140164166213201
Expenses154161197144153153182135155156198185
Operating Profit5112487959101516
OPM %3.3%0.6%5.7%3%4.7%4.7%4.5%3.5%5.6%6.1%7.1%8.2%
Other Income101101111101
Interest001111111111
Depreciation566666655565
Profit before tax1−56−2113−134811
Tax %41.1%−25.6%25.8%−4.9%−19.2%31.5%24.6%−23.9%19.5%29.9%25.9%24.9%
Net Profit0−35−2112−13368
EPS in Rs0.23−2.393.17−1.330.770.591.65−0.451.842.044.165.73

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
0%
5 Years
6%
3 Years
−1%
TTM
14%
Compounded Profit Growth
10 Years
6%
5 Years
14%
3 Years
−18%
TTM
465%
Stock Price CAGR
10 Years
9%
5 Years
2%
3 Years
−9%
TTM
—
Return on Equity
10 Years
5%
5 Years
5%
3 Years
2%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
65.92%
+0.5 pts in a year
FIIs
0.21%
−0.01 pts in a year
DIIs
0.03%
0 pts in a year
Public
33.85%
−0.47 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 23.3xEPS (12 months) ₹ 15.01Median P/E 36.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Orient Bell₹ 359.50₹ 513 Cr.23.3x1.6x4%—
Grindwell Norton₹ 1,858.00₹ 20,572 Cr.55.4x9.1x17.4%13.6%
Carborundum Universal₹ 1,031.30₹ 19,647 Cr.71.3x5.2x5.2%3.2%
Kajaria Ceramics₹ 1,137.65₹ 17,896 Cr.38x6.4x16.8%10.2%
Century Plyboards (India)₹ 636.25₹ 14,165 Cr.65.9x6.8x10.6%5%
Jindal SAW₹ 233.30₹ 14,864 Cr.17.4x1.4x—3.3%

Management

Mahendra Kumar Daga
Executive Chairman of the Board and Whole Time Director
Aditya Gupta
Chief Executive Officer
Anuj Arora
Chief Financial Officer
Yogesh Mendiratta
Compliance Officer, Company Secretary and Head - Legal
Madhur Daga
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.