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Murudeshwar Ceramics

Murudeshwar Ceramics

NSE: MURUDCERABSE 515037Consumer DurablesCeramicswww.naveentile.com
TV Chart
31.99
0.25−0.78%
DAY31
₹31.99
34
52W25
₹31.99
48
Open32.41
Prev Close32.24
Bid31.97100
Ask32.02100
Volume35.3K16%vs 20D avg
Market Cap₹193.68 Cr
Promoter Hold.73.94%
Face Value₹10
Fwd P/E
PEG0.3
EV/EBITDA12.58
P/S0.94
ROA1.74%
Beta1.35
Div Payout27.47%
Valuation

Murudeshwar Ceramics Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Murudeshwar Ceramics Limited, framed against the sector median so the premium or discount is obvious at a glance.

Murudeshwar Ceramics Limited trades at a P/E of 16.94× and P/B of 0.50×, against the Consumer Durables sector median P/E of 33.96×.

Key MetricsLive · as of 24 Jun 2026
the price tag

Valuation

Market Cap
₹193.68 Cr
P/E Ratio
good16.94
P/B Ratio
good0.5
EPS
1.82
the engine

Profitability

ROE
watch2.87%
ROCE
watch5.23%
Net Margin
avg5.26%
Op Margin
watch8.04%
the trajectory

Growth

EPS YoY
watch-41.5%
Revenue YoY
watch-5.7%
Qtr Sales
avg6.17%
Qtr Profit
watch-3.98%
the balance sheet

Financial Health

Debt / Equity
good0.37
Book Value
72.02
Div Yield
avg1.56%
Promoter Hold.
good73.94%
Chart Patterns

Murudeshwar Ceramics Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Murudeshwar Ceramics Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Financials

Murudeshwar Ceramics Limited financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Murudeshwar Ceramics Limited, switchable between annual and quarterly views, consolidated or standalone.

Murudeshwar Ceramics Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,93,68,42,867.4 Cr and reported EPS of ₹1.82.

Period20222023202420252026
Revenue from Operations
123
172
186
203
205
Other Income
1
1
4
5
10
Total Income
124
173
191
208
215
Cost of Goods Sold (COGS)
34
44
44
53
47
Gross Profit
89
128
142
150
158
+Operating Expenses
63
97
112
115
127
EBITDA
26
31
30
35
31
+Non-Operating Expenses
24
24
23
28
27
Profit Before Tax (PBT)
4
7
11
12
14
+Tax Expense
2
2
5
4
5
Total Profit for Period
2
7
5
10
11
Net Profit (Owner's PAT)
2
7
5
10
11
Earnings Per Share (EPS)
0.30
1.19
0.87
1.63
1.78
Diluted Shares Outstanding (Nos.)
5
6
6
6
6
+Additional Disclosures
155
210
223
249
249
Sales Growth %
40.26
8.06
8.89
1.29
YoY Sales Growth %
40.26
8.06
8.89
1.29
Material Cost %
21
23
24
22
18
Employee Cost %
13
15
15
15
15
Other Cost %
39
42
45
42
46
OPM %
21
18
16
17
15
Tax %
42
27
47
34
36
Profit Growth %
313.73
-23.62
87.86
9.76
Gross Margin %
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
0.00
+Additional Fields
16
20
18
20
17
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Murudeshwar Ceramics segment analysis: revenue and profit mix.

Disclosed business segments at Murudeshwar Ceramics with their share of revenue and profit, switchable between consolidated and standalone reporting.

Murudeshwar Ceramics discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Murudeshwar Ceramics Limited.

Our AI distills the core fundamental drivers supporting Murudeshwar Ceramics Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.

Murudeshwar Ceramics Limited's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Murudeshwar Ceramics exhibits strong promoter confidence with a significant holding of 73.93%, which has remained stable over recent quarters, signaling long-term commitment and stability in leadership.

  • The company maintains a healthy financial structure with a low Debt-to-Equity ratio of 0.29, indicating prudent financial management and a reduced risk profile for potential investors.

  • Murudeshwar Ceramics demonstrated positive sales momentum, achieving a 6.17% increase in quarterly sales to ₹46.2 crore, indicating a growing demand for its products and market penetration.

  • The company offers a respectable dividend yield of 1.14%, providing investors with a consistent income stream and reflecting a commitment to shareholder returns, enhancing its appeal.

  • The broader 'Ceramics' industry, a key component of 'Consumer Durables,' is poised for growth driven by increasing urbanization, infrastructure development, and rising disposable incomes, boosting demand.

bear case

What can break it.

  • The company's Return on Equity (ROE) stands at a low 2.69%, suggesting inefficiency in generating profits from shareholders' capital, which could be a concern for long-term value creation.

  • Murudeshwar Ceramics' Return on Capital Employed (ROCE) is modest at 5.23%, indicating that the company is not optimally utilizing its capital to generate profits, impacting overall operational efficiency.

  • The company experienced a slight decline in its latest quarterly profit, with a -3.98% variation, indicating potential challenges in maintaining profitability despite sales growth, requiring closer monitoring.

  • With a P/E ratio of 27.40 and a low ROE of 2.69%, the stock appears to be trading at a premium relative to its profitability, potentially indicating overvaluation compared to its intrinsic earnings power.

  • Murudeshwar Ceramics faces intense competition from larger, more established peers like Kajaria Ceramics (Market Cap ₹19385 Cr) and Somany Ceramics (Market Cap ₹1857 Cr), potentially limiting market share growth.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 22 (~0.6× the sector multiple of 34.0). The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Murudeshwar shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Murudeshwar — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Murudeshwar Ceramics Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Murudeshwar Ceramics Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Kajaria Ceramics Limited
₹1923531.45 Lakh Cr
Best Profit Growth
Asian Granito India Limited
497.00 %
Highest Dividend Yield
Murudeshwar Ceramics Limited
1.56 %
Technicals

Murudeshwar Ceramics Limited technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Murudeshwar Ceramics Limited — derived from the live tape, not yesterday's close.

Murudeshwar Ceramics Limited last traded at ₹31.99 with an intraday range of ₹31.11–₹33.6 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹31.99
LevelPrice (₹)Distance% Δ
R438.34+6.35+19.84%
R335.85+3.86+12.06%
R234.72+2.73+8.54%
R133.36+1.37+4.27%
PIVOT32.230.240.76%
CURRENT31.99
S125.89-6.10-19.08%
S228.38-3.61-11.30%
S329.74-2.25-7.02%
S430.87-1.12-3.51%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 32.11P: 32.23TC: 32.36
R1
R2
R3
R4
indicator
LTP: 31.99
PDH: 33.75
PDL: 32.11
● Market Sentiment

MURUDCERA is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 32.13 ~ 33.6

● Price Position

Trading Below opening range, showing Bearishness

Delivery & Volume

Murudeshwar Ceramics Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Murudeshwar Ceramics Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Murudeshwar Ceramics Limited stood at 56.3% of traded volume, against a 20-day average of 70.7%.

Avg Delivery (20D)70.7%-14.4 ppt latest vs avg
Highest Delivery97.9%on 04 Jun
Avg Volume (20D)41.9 K20-day run-rate
Conviction Trend↓ Weakening-14.4 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Murudeshwar Ceramics announcements: results, concalls, ratings, M&A.

Filings Murudeshwar Ceramics sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Murudeshwar Ceramics files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 22 documents below.

  1. 29 May 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Outcome of the Board Meeting held today, on May 29, 2026, and announcements pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure…

  2. 29 Apr 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Murudeshwar Ceramics Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

  3. 06 Apr 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Compliance Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.te…

  4. 25 Mar 2026Trading WindowView PDF

    Trading Window

    Murudeshwar Ceramics Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…

  5. 10 Mar 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Murudeshwar Ceramics Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any…

Corporate Actions

Murudeshwar Ceramics dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Murudeshwar Ceramics has declared, sequenced by announce and record date.

Murudeshwar Ceramics corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Murudeshwar Ceramics Limited: business, sector, key facts.

What Murudeshwar Ceramics Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Murudeshwar Ceramics Limited operates in the Ceramics industry under the Consumer Durables sector, listed as NSE: MURUDCERA, BSE: 515037.

MURUDCERA
Consumer Durables

Murudeshwar Ceramics Limited

NSE · MURUDCERA·BSE · 515037·www.naveentile.com

Murudeshwar Ceramics Ltd. is a prominent Indian manufacturer and trader of ceramic and vitrified tiles, catering to a global market that spans India, the Americas, and Europe. Their business model centers around the production and distribution of a wide range of tile products designed for diverse applications and aesthetic preferences.

The company's product portfolio is extensive and encompasses both wall and floor tiles. For wall tiles, they offer options specifically suited for bathrooms, kitchens, and outdoor spaces. They also produce digital wall tiles, showcasing advanced printing techniques for intricate designs. Their floor tile selection is equally diverse, featuring glazed and polished glazed vitrified tiles, double-charge tiles, soluble salt tiles, full-body tiles, and exterior tiles. This variety ensures they can meet the varied needs of different construction projects and interior design styles.

To strengthen their brand presence and market reach, Murudeshwar Ceramics Ltd. markets its tiles under two key brand names: Naveen Ceramic Tiles and Naveen Diamontile. These brands likely represent different product lines or cater to distinct market segments, allowing for targeted marketing and customer appeal. The use of multiple brands suggests a strategic approach to capture a broader consumer base and build brand recognition across varied price points and design aesthetics.

Established in 1983 and headquartered in Bengaluru, India, Murudeshwar Ceramics Ltd. boasts significant experience in the ceramic tile industry. Their longevity suggests a successful track record in manufacturing, distribution, and adapting to market trends. Their international presence further highlights their ability to compete effectively on a global scale and meet the demands of international markets with varying preferences and regulatory requirements.

company facts
Employees
SectorConsumer Durables
HeadquartersBengaluru, India
Market Cap₹193.68 Cr
Listed OnNSE
leadership14 on record
Mr. Ashok Kumar
Compliance Officer, Company Secretary
Mr. Ashok Kumar
Company Secretary & Compliance Officer
Mr. Karan Satish Shetty
Whole Time Director
Mr. Karan Shetty
Whole Time Director
Mr. Mahantesh A. Mukare
General Manager of Marketing
Mr. Narayan Manjunath Hegde
VP of Finance & CFO
Mr. Naveen Shetty
Director
Mr. Satish Rama Shetty
MD & Chairman
Mr. Satish Shetty
Executive Chairman of the Board, Managing Director, Chief Executive Officer
Mr. Sunil Shetty
Non-Executive Director
Mr. Y. Vikram Hegde
Vice President of Production
Mukul Agrawal
Executive
§ ∞ · Plainly Answered

Questions investors ask about Murudeshwar Ceramics Limited (MURUDCERA).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Murudeshwar Ceramics Limited (MURUDCERA)?

The current share price of Murudeshwar Ceramics Limited (MURUDCERA) is ₹31.99. Today, the stock has declined by ₹0.25 (0.78%), trading in a range of ₹31.11 to ₹33.6. The stock opened at ₹32.41 with a trading volume of 35,298 shares.

02Is Murudeshwar Ceramics Limited stock a good investment for long-term?

Murudeshwar Ceramics Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,93,68,42,867.4 crores, P/E ratio of 16.94, ROE of 2.87%, and ROCE of 5.23%. The dividend yield stands at 1.56%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Murudeshwar Ceramics Limited stock?

The 52-week high price of Murudeshwar Ceramics Limited (MURUDCERA) is ₹48.25, while the 52-week low is ₹25.16. Currently trading at ₹31.99, the stock is 29.6% away from its 52-week low and 33.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Murudeshwar Ceramics Limited stock at the current price?

Whether to buy Murudeshwar Ceramics Limited stock at ₹31.99 depends on multiple factors. The stock is currently trading with a P/E ratio of 16.94 and P/B ratio of 0.50. Today's performance shows a loss of 0.78%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Murudeshwar Ceramics Limited and when is the next dividend?

Murudeshwar Ceramics Limited offers a dividend yield of 1.56%, which means for every ₹100 invested at the current price of ₹31.99, you can expect to receive approximately ₹1.56 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Murudeshwar Ceramics Limited?

Murudeshwar Ceramics Limited's key financial metrics include: P/E Ratio: 16.94, P/B Ratio: 0.50, ROE: 2.87%, ROCE: 5.23%, Dividend Yield: 1.56%, EPS: ₹1.82, Book Value: ₹72.02, and Debt-to-Equity: 0.37. The company's market cap stands at ₹1,93,68,42,867.4 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Murudeshwar Ceramics Limited stock performing today in the market?

Murudeshwar Ceramics Limited stock opened at ₹32.41 and is currently trading at ₹31.99, showing a decline of ₹0.25 (0.78%). The intraday high is ₹33.6 and low is ₹31.11. The trading volume stands at 35,298 shares, indicating moderate market participation today.

08What is the P/E ratio of Murudeshwar Ceramics Limited and what does it indicate?

Murudeshwar Ceramics Limited has a Price-to-Earnings (P/E) ratio of 16.94, which means investors are willing to pay ₹16.94 for every ₹1 of earnings. With an EPS of ₹1.82, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Murudeshwar Ceramics Limited (MURUDCERA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.