Orient Ceratech
- Market cap
- ₹ 462 Cr.
- P/E
- 13.8x
- P/B
- 1.61x
- 52-week range
- 34 – 56.64
- ROE
- 9%
- ROCE
- 11%
- Dividend yield
- 0.9%
- Debt / equity
- 0.13
- Sector
- Industrial Products
- Industry
- Electrodes & Refractories
- Listed on
- NSE, BSE
About
Orient Ceratech Limited is an India-based manufacturer of calcined and fused alumina products. 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 product categories include high alumina raw materials, monolithics and ceramic proppants. It manufactures a range of aluminous raw materials including brown fused alumina, white fused alumina, pink fused alumina, white fused mullite, fused alumina-magnesia spinnel, calcined bauxite and high alumina refractory cement. Its monolithics products include conventional & LC castables and refractory mortars. It manufactures and distributes specialty value-added ceramic goods like ceramic proppants for the oil and gas industry as well as ceramic solutions for the abrasives and refractory industries. Its ceramic proppants include intermediate-strength proppants and high-strength proppants.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Electrodes & Refractories: 16 companies →Orient Ceratech 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)13.8 against a typical 28.7: cheaper than most peers (1st = cheapest).4th of 16
- Sales growth+4.6% against a typical +5.7% from a year earlier.9th of 14
- Profit growth+99.3% against a typical +55.8% from a year earlier.2nd of 14
- Share price, 3 months−1.9% against a typical +3.4%.9th of 15
- Size₹ 462.1 Cr. market value against a typical ₹ 971.8 Cr. (1st = largest).9th of 15
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 Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | — | 8 Jul 2026 |
| Acuite | ACUITE A- | Stable | 6 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Jul 2026 | Withdrawn | — | — | CARE | — | |
| 11 Mar 2026 | Reaffirmed | CARE BBB+ | — | CARE | ₹ 79.52 Cr. | |
| 6 Mar 2026 | New rating | ACUITE A- | — | Acuite | ₹ 75 Cr. | |
| 1 Oct 2025 | ▼ Downgrade | CARE BBB+ | — | CARE | ₹ 79.52 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 4 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 10 Nov 2025 | Financial Results/Other business matters | To consider and approve the Unaudited financial results for the quarter and half year ended September 30, 2025 and other business matters |
| 7 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 28 May 2025 | Financial Results/Dividend/Other business matters | To consider and approve the Audited financial results for the quarter and year ended March 31, 2025 and to consider & recommend dividend, if any, for the FY 2024-2025 and other business matters. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 75 | 83 | 98 | 70 | 74 | 85 | 96 | 114 | 93 | 97 | 101 |
| Expenses | 72 | 67 | 75 | 90 | 63 | 68 | 75 | 88 | 101 | 82 | 86 | 84 |
| Operating Profit | 11 | 8 | 8 | 8 | 7 | 6 | 9 | 8 | 13 | 12 | 11 | 16 |
| OPM % | 13.4% | 10.9% | 9.6% | 8.5% | 10.1% | 8.4% | 10.9% | 8.1% | 11.2% | 12.5% | 11.8% | 16.1% |
| Other Income | 0 | 3 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | −1 | 1 | −0 |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 3 | 3 |
| Profit before tax | 7 | 7 | 5 | 4 | 3 | 2 | 5 | 5 | 10 | 6 | 8 | 11 |
| Tax % | 24.5% | 22.8% | 10.7% | 25.2% | 28.6% | 20.5% | 24.2% | 19.2% | 23.7% | 25.1% | 30.1% | 24.9% |
| Net Profit | 5 | 5 | 4 | 3 | 2 | 2 | 3 | 4 | 7 | 4 | 6 | 9 |
| EPS in Rs | 0.44 | 0.44 | 0.36 | 0.24 | 0.15 | 0.14 | 0.29 | 0.36 | 0.63 | 0.37 | 0.47 | 0.72 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 10%
- TTM
- 24%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 23%
- TTM
- 211%
- 10 Years
- 2%
- 5 Years
- 10%
- 3 Years
- 13%
- TTM
- —
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Orient Ceratech | ₹ 39.49 | ₹ 462 Cr. | 13.8x | 1.6x | 9% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Vikash Khemka
- Chief Financial Officer
- Manan Chetan Shah
- Managing Director, Whole Time Director
- Manubhai Rathod
- Whole Time Director - Operations
Prices are delayed and for information only. Nothing on this page is investment advice.