View Financial HealthOrient Ceratech 配当と自社株買い配当金 基準チェック /36Orient Ceratech配当を支払う会社であり、現在の利回りは0.62%で、収益によって十分にカバーされています。主要情報0.6%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向30%最近の配当と自社株買いの更新お知らせ • Sep 24Orient Ceratech Limited Approves Dividend for the Year Ended 31 March, 2025Orient Ceratech Limited in its Annual General Meeting held on September 23, 2025 approved to declare a dividend of 25% i.e. INR. 0.25/- (Twenty-Five paise) per Equity Share of the face value of INR. 1/- each, for the Financial Year ended 31 March, 2025.Declared Dividend • Sep 03Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.9% EPS decline seen over the last 5 years.Declared Dividend • Sep 08Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Upcoming Dividend • Sep 11Upcoming dividend of ₹0.25 per share at 0.7% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%).お知らせ • Sep 29Orient Abrasives Limited Approves Dividend for the Financial Year Ended 31st March, 2022Orient Abrasives Limited announced that at the Annual General Meeting held on September 26, 2022, approved to declare dividend at 15% that is INR 0.15 per Equity Shares face value of INR 1 each for the Financial Year ended 31st March, 2022.Upcoming Dividend • Sep 09Upcoming dividend of ₹0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (6.0%).すべての更新を表示Recent updatesお知らせ • 8hOrient Ceratech Limited to Report Q4, 2026 Results on May 27, 2026Orient Ceratech Limited announced that they will report Q4, 2026 results on May 27, 2026Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. MD & Director Manan Shah was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹40.35, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 63% over the past three years.Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: ₹0.37 (vs ₹0.14 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.37 (up from ₹0.14 in 3Q 2025). Revenue: ₹948.3m (up 28% from 3Q 2025). Net income: ₹44.1m (up 159% from 3Q 2025). Profit margin: 4.6% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 30Orient Ceratech Limited to Report Q3, 2026 Results on Feb 04, 2026Orient Ceratech Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 04, 2026New Risk • Dec 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹6.24b market cap, or US$69.5m).Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹52.13, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 83% over the past three years.Reported Earnings • Nov 11Second quarter 2026 earnings released: EPS: ₹0.63 (vs ₹0.15 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.63 (up from ₹0.15 in 2Q 2025). Revenue: ₹1.15b (up 65% from 2Q 2025). Net income: ₹74.9m (up 305% from 2Q 2025). Profit margin: 6.5% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 04Orient Ceratech Limited to Report Q2, 2026 Results on Nov 10, 2025Orient Ceratech Limited announced that they will report Q2, 2026 results on Nov 10, 2025お知らせ • Sep 24Orient Ceratech Limited Approves Dividend for the Year Ended 31 March, 2025Orient Ceratech Limited in its Annual General Meeting held on September 23, 2025 approved to declare a dividend of 25% i.e. INR. 0.25/- (Twenty-Five paise) per Equity Share of the face value of INR. 1/- each, for the Financial Year ended 31 March, 2025.New Risk • Sep 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (₹4.77b market cap, or US$54.3m).Declared Dividend • Sep 03Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.9% EPS decline seen over the last 5 years.お知らせ • Aug 29Orient Ceratech Limited, Annual General Meeting, Sep 23, 2025Orient Ceratech Limited, Annual General Meeting, Sep 23, 2025, at 11:30 Indian Standard Time.Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: ₹0.36 (vs ₹0.24 in 1Q 2025)First quarter 2026 results: EPS: ₹0.36 (up from ₹0.24 in 1Q 2025). Revenue: ₹997.0m (up 1.6% from 1Q 2025). Net income: ₹43.0m (up 48% from 1Q 2025). Profit margin: 4.3% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 30Orient Ceratech Limited to Report Q1, 2026 Results on Aug 07, 2025Orient Ceratech Limited announced that they will report Q1, 2026 results on Aug 07, 2025Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹41.55, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 54% over the past three years.Reported Earnings • May 29Full year 2025 earnings released: EPS: ₹0.83 (vs ₹1.59 in FY 2024)Full year 2025 results: EPS: ₹0.83 (down from ₹1.59 in FY 2024). Revenue: ₹3.31b (up 5.6% from FY 2024). Net income: ₹99.3m (down 48% from FY 2024). Profit margin: 3.0% (down from 6.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 21Orient Ceratech Limited to Report Q4, 2025 Results on May 28, 2025Orient Ceratech Limited announced that they will report Q4, 2025 results on May 28, 2025Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹31.78, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 20% over the past three years.New Risk • Feb 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (₹4.37b market cap, or US$50.3m).Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: ₹0.14 (vs ₹0.44 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.14 (down from ₹0.44 in 3Q 2024). Revenue: ₹754.9m (flat on 3Q 2024). Net income: ₹17.0m (down 68% from 3Q 2024). Profit margin: 2.3% (down from 7.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31Orient Ceratech Limited to Report Q3, 2025 Results on Feb 06, 2025Orient Ceratech Limited announced that they will report Q3, 2025 results on Feb 06, 2025New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹6.44b market cap, or US$75.9m).Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹53.83, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 108% over the past three years.Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0.44 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.15 (down from ₹0.44 in 2Q 2024). Revenue: ₹711.6m (down 14% from 2Q 2024). Net income: ₹18.5m (down 65% from 2Q 2024). Profit margin: 2.6% (down from 6.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 07Orient Ceratech Limited to Report Q2, 2025 Results on Nov 12, 2024Orient Ceratech Limited announced that they will report Q2, 2025 results on Nov 12, 2024Declared Dividend • Sep 08Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Sep 06Orient Ceratech Limited, Annual General Meeting, Sep 30, 2024Orient Ceratech Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time.Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.35 in 1Q 2024)First quarter 2025 results: EPS: ₹0.24 (down from ₹0.35 in 1Q 2024). Revenue: ₹988.1m (up 36% from 1Q 2024). Net income: ₹29.1m (down 31% from 1Q 2024). Profit margin: 2.9% (down from 5.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 06Orient Ceratech Limited to Report Q1, 2025 Results on Aug 14, 2024Orient Ceratech Limited announced that they will report Q1, 2025 results on Aug 14, 2024Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹49.54, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 92% over the past three years.Reported Earnings • May 18Full year 2024 earnings released: EPS: ₹1.59 (vs ₹1.19 in FY 2023)Full year 2024 results: EPS: ₹1.59 (up from ₹1.19 in FY 2023). Revenue: ₹3.16b (up 4.7% from FY 2023). Net income: ₹190.2m (up 34% from FY 2023). Profit margin: 6.0% (up from 4.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.お知らせ • May 11Orient Ceratech Limited to Report Q4, 2024 Results on May 16, 2024Orient Ceratech Limited announced that they will report Q4, 2024 results on May 16, 2024Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹58.55, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 147% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹62.57, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 183% over the past three years.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.21 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.44 (up from ₹0.21 in 3Q 2023). Revenue: ₹757.1m (up 38% from 3Q 2023). Net income: ₹52.5m (up 110% from 3Q 2023). Profit margin: 6.9% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 06Orient Ceratech Limited to Report Q3, 2024 Results on Feb 13, 2024Orient Ceratech Limited announced that they will report Q3, 2024 results on Feb 13, 2024Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹54.84, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 200% over the past three years.Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.17 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.44 (up from ₹0.17 in 2Q 2023). Revenue: ₹828.9m (up 22% from 2Q 2023). Net income: ₹52.5m (up 162% from 2Q 2023). Profit margin: 6.3% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 28Orient Ceratech Limited to Report Q2, 2024 Results on Nov 03, 2023Orient Ceratech Limited announced that they will report Q2, 2024 results on Nov 03, 2023Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹44.33, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 132% over the past three years.Recent Insider Transactions • Oct 01Non-Executive Independent Director recently bought ₹389k worth of stockOn the 27th of September, Ketan Shrimankar bought around 10k shares on-market at roughly ₹38.90 per share. This transaction increased Ketan's direct individual holding by 250x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹563k more in shares than they have sold in the last 12 months.Upcoming Dividend • Sep 11Upcoming dividend of ₹0.25 per share at 0.7% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%).お知らせ • Sep 02+ 1 more updateOrient Ceratech Limited, Annual General Meeting, Sep 25, 2023Orient Ceratech Limited, Annual General Meeting, Sep 25, 2023, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March 2023; to declare dividend; to appoint Director; to discuss Re-appointment of Mr. Manubhai Rathod; to discuss Re-appointment of Mrs. Neeta Shah as Independent Director of the Company; to approve existing as well as new Material Related Party Transaction(s) with Bombay Minerals Limited; to approve existing as well as new Material Related Party Transaction(s) with Ashapura Minechem Limited; and to consider Ratification of Cost Auditor's Remuneration.Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: ₹0.35 (vs ₹0.32 in 1Q 2023)First quarter 2024 results: EPS: ₹0.35 (up from ₹0.32 in 1Q 2023). Revenue: ₹738.5m (down 20% from 1Q 2023). Net income: ₹42.3m (up 10% from 1Q 2023). Profit margin: 5.7% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Jul 28Orient Abrasives Limited, Annual General Meeting, Aug 17, 2023Orient Abrasives Limited, Annual General Meeting, Aug 17, 2023, at 12:00 Indian Standard Time.お知らせ • Jul 26Orient Abrasives Limited to Report Q1, 2022 Results on Aug 03, 2023Orient Abrasives Limited announced that they will report Q1, 2022 results on Aug 03, 2023New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹4.38b market cap, or US$53.4m).Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₹36.84, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 103% over the past three years.Reported Earnings • May 23Full year 2023 earnings released: EPS: ₹1.19 (vs ₹0.57 in FY 2022)Full year 2023 results: EPS: ₹1.19 (up from ₹0.57 in FY 2022). Revenue: ₹3.10b (up 16% from FY 2022). Net income: ₹142.1m (up 107% from FY 2022). Profit margin: 4.6% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.お知らせ • May 17Orient Abrasives Limited to Report Q4, 2023 Results on May 22, 2023Orient Abrasives Limited announced that they will report Q4, 2023 results on May 22, 2023Board Change • Apr 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non-Executive Independent Director Ketan Shrimankar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹0.21 (vs ₹0.09 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.21 (up from ₹0.09 in 3Q 2022). Revenue: ₹550.5m (up 17% from 3Q 2022). Net income: ₹25.0m (up 140% from 3Q 2022). Profit margin: 4.5% (up from 2.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jan 27Orient Abrasives Limited to Report Q3, 2023 Results on Feb 03, 2023Orient Abrasives Limited announced that they will report Q3, 2023 results on Feb 03, 2023お知らせ • Nov 03Orient Abrasives Limited to Report Q2, 2023 Results on Nov 09, 2022Orient Abrasives Limited announced that they will report Q2, 2023 results on Nov 09, 2022お知らせ • Sep 29Orient Abrasives Limited Approves Dividend for the Financial Year Ended 31st March, 2022Orient Abrasives Limited announced that at the Annual General Meeting held on September 26, 2022, approved to declare dividend at 15% that is INR 0.15 per Equity Shares face value of INR 1 each for the Financial Year ended 31st March, 2022.お知らせ • Sep 22Orient Abrasives Limited Provides Status of Operations At the Plant of the Company Situated At PorbandarOrient Abrasives Limited announced that reference to Letters bearing ref .nos. Orient/stock Exch/Letter/261 dated 9th June, 2021 and Orient/stock Exch/Letter/264 dated 2 July 2021 and various updation vide Financial Results filed since then with stock exchange through which the Company from time to time has updated about the status of operations at the Plant of the Company situated at Porbandar, which was affected due to non-availability of the specialized grade Bauxite. ln this connection, it would like to inform that the Hon'ble lndustrial Tribunal, Jamnagar, has vide its order dated 15'h September, 2022, which the Company received on 20th September, 2022, approved the application filed by the Company for closing down the institution unit since September 30, 2021 for want of availability of aforementioned raw material, which was utilised for production of brown fused alumina and calcined bauxite.Upcoming Dividend • Sep 09Upcoming dividend of ₹0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (6.0%).お知らせ • Sep 04Orient Abrasives Limited Proposes Dividend for the Financial Year Ended March 31, 2022, Payable After September 26, 2022Orient Abrasives Limited proposed a dividend of 15% i.e. INR 0.15 per Equity Share of face value of INR 1 each, for the Financial Year ended 31st March, 2022. The Company's Transfer Books will remain closed from 20th September, 2022 to 26th September, 2022 (both days inclusive). The dividend, if declared, at the AGM, will be paid after 26 September, 2022, to those Members whose name appears on the register of Members of the Company on close of business hours on 19th September, 2022 (Record Date).お知らせ • Aug 26Orient Abrasives Limited, Annual General Meeting, Sep 26, 2022Orient Abrasives Limited, Annual General Meeting, Sep 26, 2022, at 16:00 Indian Standard Time.Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: ₹0.32 (vs ₹0.19 in 1Q 2022)First quarter 2023 results: EPS: ₹0.32 (up from ₹0.19 in 1Q 2022). Revenue: ₹928.1m (up 26% from 1Q 2022). Net income: ₹38.3m (up 72% from 1Q 2022). Profit margin: 4.1% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Jul 29Orient Abrasives Limited to Report Q1, 2023 Results on Aug 08, 2022Orient Abrasives Limited announced that they will report Q1, 2023 results on Aug 08, 2022Reported Earnings • May 28Full year 2022 earnings released: EPS: ₹0.57 (vs ₹0.95 in FY 2021)Full year 2022 results: EPS: ₹0.57 (down from ₹0.95 in FY 2021). Revenue: ₹2.67b (down 12% from FY 2021). Net income: ₹68.6m (down 40% from FY 2021). Profit margin: 2.6% (down from 3.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 26Orient Abrasives Limited Recommends Dividend for the Year Ended 31 March, 2022Orient Abrasives Limited at its board meeting held on May 24, 2022 recommended dividend at 15 % i.e. INR 0.15 per Equity Shares (face value of INR 1 each) of the Company for the year ended 31 March, 2022, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company.お知らせ • May 18Orient Abrasives Limited to Report Q4, 2022 Final Results on May 24, 2022Orient Abrasives Limited announced that they will report Q4, 2022 final results on May 24, 2022Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.36 (vs ₹0.36 in 3Q 2021). Revenue: ₹485.6m (down 45% from 3Q 2021). Net income: ₹10.4m (down 76% from 3Q 2021). Profit margin: 2.1% (down from 4.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹36.30, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 69% over the past three years.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS ₹0.12 (vs ₹0.19 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹724.8m (up 7.5% from 2Q 2021). Net income: ₹14.2m (down 39% from 2Q 2021). Profit margin: 2.0% (down from 3.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Jul 03Orient Abrasives Limited Updates on Its Operations of the Plant At PorbandarOrient Abrasives Limited announced that further to letter bearing reference no. Orient/Stock Exch/Letter/261 dated 9th June, 2021 regarding suspension of significant part of operations of the Plant of the Company situated at Porbandar, due to shortage of raw-material. In this connection, the company update that presently the Company is facing challenging situation in its business viz. non-availability of the specialized grade Bauxite, which is the main raw material in its production of refractory raw materials at its Porbandar Plant. The absence of a sustainable supply of the required raw material has made it extremely difficult for the Company to operate its plant, which has casted a dark shadow on its survival. the company would also like to earnestly submit that the Management has taken several initiatives to be able to sustain the operations and have always supported company's direct/indirect manpower without any retrenchment and layoffs, despite the Covid pandemic and the looming heavy financial pressure. However, considering the given set of challenges and despite taking several initiatives, it has become burdensome and completely un-viable for the Company to continue with the plant operations, hence, the management of the Company has decided to discontinue the operations and close-down its plant at Porbandar. the company are working with government authorities to obtain consent and following procedures to this effect. However, the company would like to reiterate that other quality refractory raw materials, ceramic products, and hydrocarbon-solutions of the Company, which are not dependent on the Porbandar Plant continue to do well.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 37% share price gain to ₹36.15, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 14% over the past three years.お知らせ • Jun 05Orient Abrasives Limited (BSE:504879) agreed to acquire Orient Advanced Materials Private Limited from Manan Shah and Chetan Shah for INR 0.1 million.Orient Abrasives Limited (BSE:504879) agreed to acquire Orient Advanced Materials Private Limited from Manan Shah and Chetan Shah for INR 0.1 million on June 4, 2021. Under the term, Orient Abrasives Limited will acquire 0.01 million shares of Orient Advanced Materials Private Limited at INR 10 per share. Post completed, Orient Advanced Materials Private Limited will operates as a wholly-owned subsidiary of Orient Abrasives Limited. As of December 31, 2020, Orient Advanced Materials Private Limited reported turnover as nil. The transaction was approved by the board of directors of Orient Abrasives Limited on June 4, 2021.Reported Earnings • May 13Full year 2021 earnings released: EPS ₹0.95 (vs ₹1.72 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.04b (down 12% from FY 2020). Net income: ₹113.7m (down 45% from FY 2020). Profit margin: 3.7% (down from 5.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.お知らせ • May 12Orient Abrasives Limited Recommends Dividend for the Year Ended March 31, 2021Orient Abrasives Limited recommended a dividend at the rate of 15% that is INR 0.15 per Equity Shares face value of INR 1.00 each of the Company for the year ended 31st March, 2021, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹28.45, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 18x in the Metals and Mining industry in India. Total loss to shareholders of 20% over the past three years.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹24.95, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total loss to shareholders of 37% over the past three years.お知らせ • Feb 04Orient Abrasives Limited Announces Executive ChangesThe Board of Directors of Orient Abrasives Limited at its meeting held on February 2, 2021, approved the appointment of Mrs. Seema Gangawat as Company Secretary & Compliance Officer of the Company with effect from 2nd February, 2021, she will be considered as Key Managerial Personnel of the Company. Co-option of Mrs. Neeta Shah as an Additional Director (category - (Independent Woman Director)) for a term of three years with effect from 2nd February, 2021, subject To Approve the shareholders at the ensuing Annual General Meeting of the Company. Mrs. Neeta Shah has not been debarred from holding the office of director by virtue of SEBI order or any other such authority. Mrs. Neeta Shah is Bachelor of Arts and has completed Bachelor of Education. She has good exposure in Marketing and also been prominently involved in various social welfare activities. Ms. Seema Gangawat is qualified company secretary and post graduate in commerce field, additionally she has also completed LLB. She has over 13 years of experience in the field of statutory compliance management, Listing Compliances Advising management in strategic decisions in light of Corporate law.お知らせ • Feb 03Orient Abrasives Limited Announces Appointment of Vikash Khemka as Chief Financial OfficerThe Board of Directors of Orient Abrasives Limited at its meeting held on February 2, 2021, approved the appointment of Mr. Vikash Khemka as Chief Financial Officer of the Company with effect from 2 February 2021, he will be considered as Key Managerial Personnel of the Company. Mr. Vikash Khemka is Chartered accountant by profession and has 15 years of rich experience in the Finance & Accounts functions. His Wide experience consists of Financial Accounting& Controlling Financial Reporting, P&L Management, Taxation, Working Capital Fund Management.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS ₹0.36 (vs ₹0.38 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹891.4m (up 2.9% from 3Q 2020). Net income: ₹43.1m (down 6.3% from 3Q 2020). Profit margin: 4.8% (down from 5.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Jan 27Orient Abrasives Limited to Report Q3, 2021 Results on Feb 02, 2021Orient Abrasives Limited announced that they will report Q3, 2021 results on Feb 02, 2021Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹28.00, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 17x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 45%.Is New 90 Day High Low • Jan 04New 90-day high: ₹23.95The company is up 20% from its price of ₹19.90 on 06 October 2020. The Indian market is also up 20% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Metals and Mining industry, which is up 34% over the same period.お知らせ • Dec 23Orient Abrasives Limited Announces Resignation of Bimal Parmar, Company Secretary & Compliance OfficerOrient Abrasives Limited announced that Mr. Bimal Parmar, Company Secretary & Compliance Officer of the Company has resigned and relieved with effect from closing hours of 18 December, 2020.Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 16% share price gain to ₹23.60, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 18.2x. This compares to an average P/E of 14x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 52%.Is New 90 Day High Low • Dec 01New 90-day high: ₹23.45The company is up 21% from its price of ₹19.35 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period.お知らせ • Nov 12Orient Abrasives Limited, Annual General Meeting, Dec 03, 2020Orient Abrasives Limited, Annual General Meeting, Dec 03, 2020, at 15:00 Indian Standard Time.決済の安定と成長配当データの取得安定した配当: 504879の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 504879の配当金は過去10年間増加していません。配当利回り対市場Orient Ceratech 配当利回り対市場504879 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (504879)0.6%市場下位25% (IN)0.3%市場トップ25% (IN)1.5%業界平均 (Metals and Mining)1.6%アナリスト予想 (504879) (最長3年)n/a注目すべき配当: 504879の配当金 ( 0.62% ) はIndian市場の配当金支払者の下位 25% ( 0.3% ) よりも高くなっています。高配当: 504879の配当金 ( 0.62% ) はIndian市場の配当金支払者の上位 25% ( 1.5% ) と比較すると低いです。株主への利益配当収益カバレッジ: 504879の 配当性向 ( 30.1% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: 504879は低い 現金配当性向 ( 15.5% ) であるため、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YIN 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 18:37終値2026/05/21 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Orient Ceratech Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Anil BurraFirstCall Research
お知らせ • Sep 24Orient Ceratech Limited Approves Dividend for the Year Ended 31 March, 2025Orient Ceratech Limited in its Annual General Meeting held on September 23, 2025 approved to declare a dividend of 25% i.e. INR. 0.25/- (Twenty-Five paise) per Equity Share of the face value of INR. 1/- each, for the Financial Year ended 31 March, 2025.
Declared Dividend • Sep 03Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.9% EPS decline seen over the last 5 years.
Declared Dividend • Sep 08Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Upcoming Dividend • Sep 11Upcoming dividend of ₹0.25 per share at 0.7% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%).
お知らせ • Sep 29Orient Abrasives Limited Approves Dividend for the Financial Year Ended 31st March, 2022Orient Abrasives Limited announced that at the Annual General Meeting held on September 26, 2022, approved to declare dividend at 15% that is INR 0.15 per Equity Shares face value of INR 1 each for the Financial Year ended 31st March, 2022.
Upcoming Dividend • Sep 09Upcoming dividend of ₹0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (6.0%).
お知らせ • 8hOrient Ceratech Limited to Report Q4, 2026 Results on May 27, 2026Orient Ceratech Limited announced that they will report Q4, 2026 results on May 27, 2026
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. MD & Director Manan Shah was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹40.35, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 63% over the past three years.
Reported Earnings • Feb 05Third quarter 2026 earnings released: EPS: ₹0.37 (vs ₹0.14 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.37 (up from ₹0.14 in 3Q 2025). Revenue: ₹948.3m (up 28% from 3Q 2025). Net income: ₹44.1m (up 159% from 3Q 2025). Profit margin: 4.6% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 30Orient Ceratech Limited to Report Q3, 2026 Results on Feb 04, 2026Orient Ceratech Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 04, 2026
New Risk • Dec 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹6.24b market cap, or US$69.5m).
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₹52.13, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 83% over the past three years.
Reported Earnings • Nov 11Second quarter 2026 earnings released: EPS: ₹0.63 (vs ₹0.15 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.63 (up from ₹0.15 in 2Q 2025). Revenue: ₹1.15b (up 65% from 2Q 2025). Net income: ₹74.9m (up 305% from 2Q 2025). Profit margin: 6.5% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 04Orient Ceratech Limited to Report Q2, 2026 Results on Nov 10, 2025Orient Ceratech Limited announced that they will report Q2, 2026 results on Nov 10, 2025
お知らせ • Sep 24Orient Ceratech Limited Approves Dividend for the Year Ended 31 March, 2025Orient Ceratech Limited in its Annual General Meeting held on September 23, 2025 approved to declare a dividend of 25% i.e. INR. 0.25/- (Twenty-Five paise) per Equity Share of the face value of INR. 1/- each, for the Financial Year ended 31 March, 2025.
New Risk • Sep 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (₹4.77b market cap, or US$54.3m).
Declared Dividend • Sep 03Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 16th September 2025 Payment date: 23rd October 2025 Dividend yield will be 0.6%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (30% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 67% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.9% EPS decline seen over the last 5 years.
お知らせ • Aug 29Orient Ceratech Limited, Annual General Meeting, Sep 23, 2025Orient Ceratech Limited, Annual General Meeting, Sep 23, 2025, at 11:30 Indian Standard Time.
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: ₹0.36 (vs ₹0.24 in 1Q 2025)First quarter 2026 results: EPS: ₹0.36 (up from ₹0.24 in 1Q 2025). Revenue: ₹997.0m (up 1.6% from 1Q 2025). Net income: ₹43.0m (up 48% from 1Q 2025). Profit margin: 4.3% (up from 3.0% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 30Orient Ceratech Limited to Report Q1, 2026 Results on Aug 07, 2025Orient Ceratech Limited announced that they will report Q1, 2026 results on Aug 07, 2025
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹41.55, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 54% over the past three years.
Reported Earnings • May 29Full year 2025 earnings released: EPS: ₹0.83 (vs ₹1.59 in FY 2024)Full year 2025 results: EPS: ₹0.83 (down from ₹1.59 in FY 2024). Revenue: ₹3.31b (up 5.6% from FY 2024). Net income: ₹99.3m (down 48% from FY 2024). Profit margin: 3.0% (down from 6.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 21Orient Ceratech Limited to Report Q4, 2025 Results on May 28, 2025Orient Ceratech Limited announced that they will report Q4, 2025 results on May 28, 2025
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹31.78, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 20% over the past three years.
New Risk • Feb 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.3% net profit margin). Market cap is less than US$100m (₹4.37b market cap, or US$50.3m).
Reported Earnings • Feb 07Third quarter 2025 earnings released: EPS: ₹0.14 (vs ₹0.44 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.14 (down from ₹0.44 in 3Q 2024). Revenue: ₹754.9m (flat on 3Q 2024). Net income: ₹17.0m (down 68% from 3Q 2024). Profit margin: 2.3% (down from 7.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31Orient Ceratech Limited to Report Q3, 2025 Results on Feb 06, 2025Orient Ceratech Limited announced that they will report Q3, 2025 results on Feb 06, 2025
New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹6.44b market cap, or US$75.9m).
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹53.83, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 108% over the past three years.
Reported Earnings • Nov 14Second quarter 2025 earnings released: EPS: ₹0.15 (vs ₹0.44 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.15 (down from ₹0.44 in 2Q 2024). Revenue: ₹711.6m (down 14% from 2Q 2024). Net income: ₹18.5m (down 65% from 2Q 2024). Profit margin: 2.6% (down from 6.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 07Orient Ceratech Limited to Report Q2, 2025 Results on Nov 12, 2024Orient Ceratech Limited announced that they will report Q2, 2025 results on Nov 12, 2024
Declared Dividend • Sep 08Dividend of ₹0.25 announcedDividend of ₹0.25 is the same as last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (16% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Sep 06Orient Ceratech Limited, Annual General Meeting, Sep 30, 2024Orient Ceratech Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time.
Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹0.24 (vs ₹0.35 in 1Q 2024)First quarter 2025 results: EPS: ₹0.24 (down from ₹0.35 in 1Q 2024). Revenue: ₹988.1m (up 36% from 1Q 2024). Net income: ₹29.1m (down 31% from 1Q 2024). Profit margin: 2.9% (down from 5.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 06Orient Ceratech Limited to Report Q1, 2025 Results on Aug 14, 2024Orient Ceratech Limited announced that they will report Q1, 2025 results on Aug 14, 2024
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹49.54, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 92% over the past three years.
Reported Earnings • May 18Full year 2024 earnings released: EPS: ₹1.59 (vs ₹1.19 in FY 2023)Full year 2024 results: EPS: ₹1.59 (up from ₹1.19 in FY 2023). Revenue: ₹3.16b (up 4.7% from FY 2023). Net income: ₹190.2m (up 34% from FY 2023). Profit margin: 6.0% (up from 4.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year.
お知らせ • May 11Orient Ceratech Limited to Report Q4, 2024 Results on May 16, 2024Orient Ceratech Limited announced that they will report Q4, 2024 results on May 16, 2024
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹58.55, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 147% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹62.57, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 183% over the past three years.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.21 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.44 (up from ₹0.21 in 3Q 2023). Revenue: ₹757.1m (up 38% from 3Q 2023). Net income: ₹52.5m (up 110% from 3Q 2023). Profit margin: 6.9% (up from 4.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 06Orient Ceratech Limited to Report Q3, 2024 Results on Feb 13, 2024Orient Ceratech Limited announced that they will report Q3, 2024 results on Feb 13, 2024
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ₹54.84, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 200% over the past three years.
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: ₹0.44 (vs ₹0.17 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.44 (up from ₹0.17 in 2Q 2023). Revenue: ₹828.9m (up 22% from 2Q 2023). Net income: ₹52.5m (up 162% from 2Q 2023). Profit margin: 6.3% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 28Orient Ceratech Limited to Report Q2, 2024 Results on Nov 03, 2023Orient Ceratech Limited announced that they will report Q2, 2024 results on Nov 03, 2023
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹44.33, the stock trades at a trailing P/E ratio of 36.3x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 132% over the past three years.
Recent Insider Transactions • Oct 01Non-Executive Independent Director recently bought ₹389k worth of stockOn the 27th of September, Ketan Shrimankar bought around 10k shares on-market at roughly ₹38.90 per share. This transaction increased Ketan's direct individual holding by 250x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹563k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Sep 11Upcoming dividend of ₹0.25 per share at 0.7% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%).
お知らせ • Sep 02+ 1 more updateOrient Ceratech Limited, Annual General Meeting, Sep 25, 2023Orient Ceratech Limited, Annual General Meeting, Sep 25, 2023, at 15:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31 March 2023; to declare dividend; to appoint Director; to discuss Re-appointment of Mr. Manubhai Rathod; to discuss Re-appointment of Mrs. Neeta Shah as Independent Director of the Company; to approve existing as well as new Material Related Party Transaction(s) with Bombay Minerals Limited; to approve existing as well as new Material Related Party Transaction(s) with Ashapura Minechem Limited; and to consider Ratification of Cost Auditor's Remuneration.
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: ₹0.35 (vs ₹0.32 in 1Q 2023)First quarter 2024 results: EPS: ₹0.35 (up from ₹0.32 in 1Q 2023). Revenue: ₹738.5m (down 20% from 1Q 2023). Net income: ₹42.3m (up 10% from 1Q 2023). Profit margin: 5.7% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Jul 28Orient Abrasives Limited, Annual General Meeting, Aug 17, 2023Orient Abrasives Limited, Annual General Meeting, Aug 17, 2023, at 12:00 Indian Standard Time.
お知らせ • Jul 26Orient Abrasives Limited to Report Q1, 2022 Results on Aug 03, 2023Orient Abrasives Limited announced that they will report Q1, 2022 results on Aug 03, 2023
New Risk • Jul 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹4.38b market cap, or US$53.4m).
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improves as stock rises 30%After last week's 30% share price gain to ₹36.84, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 103% over the past three years.
Reported Earnings • May 23Full year 2023 earnings released: EPS: ₹1.19 (vs ₹0.57 in FY 2022)Full year 2023 results: EPS: ₹1.19 (up from ₹0.57 in FY 2022). Revenue: ₹3.10b (up 16% from FY 2022). Net income: ₹142.1m (up 107% from FY 2022). Profit margin: 4.6% (up from 2.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
お知らせ • May 17Orient Abrasives Limited to Report Q4, 2023 Results on May 22, 2023Orient Abrasives Limited announced that they will report Q4, 2023 results on May 22, 2023
Board Change • Apr 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Non-Executive Independent Director Ketan Shrimankar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹0.21 (vs ₹0.09 in 3Q 2022)Third quarter 2023 results: EPS: ₹0.21 (up from ₹0.09 in 3Q 2022). Revenue: ₹550.5m (up 17% from 3Q 2022). Net income: ₹25.0m (up 140% from 3Q 2022). Profit margin: 4.5% (up from 2.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jan 27Orient Abrasives Limited to Report Q3, 2023 Results on Feb 03, 2023Orient Abrasives Limited announced that they will report Q3, 2023 results on Feb 03, 2023
お知らせ • Nov 03Orient Abrasives Limited to Report Q2, 2023 Results on Nov 09, 2022Orient Abrasives Limited announced that they will report Q2, 2023 results on Nov 09, 2022
お知らせ • Sep 29Orient Abrasives Limited Approves Dividend for the Financial Year Ended 31st March, 2022Orient Abrasives Limited announced that at the Annual General Meeting held on September 26, 2022, approved to declare dividend at 15% that is INR 0.15 per Equity Shares face value of INR 1 each for the Financial Year ended 31st March, 2022.
お知らせ • Sep 22Orient Abrasives Limited Provides Status of Operations At the Plant of the Company Situated At PorbandarOrient Abrasives Limited announced that reference to Letters bearing ref .nos. Orient/stock Exch/Letter/261 dated 9th June, 2021 and Orient/stock Exch/Letter/264 dated 2 July 2021 and various updation vide Financial Results filed since then with stock exchange through which the Company from time to time has updated about the status of operations at the Plant of the Company situated at Porbandar, which was affected due to non-availability of the specialized grade Bauxite. ln this connection, it would like to inform that the Hon'ble lndustrial Tribunal, Jamnagar, has vide its order dated 15'h September, 2022, which the Company received on 20th September, 2022, approved the application filed by the Company for closing down the institution unit since September 30, 2021 for want of availability of aforementioned raw material, which was utilised for production of brown fused alumina and calcined bauxite.
Upcoming Dividend • Sep 09Upcoming dividend of ₹0.15 per shareEligible shareholders must have bought the stock before 16 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (6.0%).
お知らせ • Sep 04Orient Abrasives Limited Proposes Dividend for the Financial Year Ended March 31, 2022, Payable After September 26, 2022Orient Abrasives Limited proposed a dividend of 15% i.e. INR 0.15 per Equity Share of face value of INR 1 each, for the Financial Year ended 31st March, 2022. The Company's Transfer Books will remain closed from 20th September, 2022 to 26th September, 2022 (both days inclusive). The dividend, if declared, at the AGM, will be paid after 26 September, 2022, to those Members whose name appears on the register of Members of the Company on close of business hours on 19th September, 2022 (Record Date).
お知らせ • Aug 26Orient Abrasives Limited, Annual General Meeting, Sep 26, 2022Orient Abrasives Limited, Annual General Meeting, Sep 26, 2022, at 16:00 Indian Standard Time.
Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: ₹0.32 (vs ₹0.19 in 1Q 2022)First quarter 2023 results: EPS: ₹0.32 (up from ₹0.19 in 1Q 2022). Revenue: ₹928.1m (up 26% from 1Q 2022). Net income: ₹38.3m (up 72% from 1Q 2022). Profit margin: 4.1% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Jul 29Orient Abrasives Limited to Report Q1, 2023 Results on Aug 08, 2022Orient Abrasives Limited announced that they will report Q1, 2023 results on Aug 08, 2022
Reported Earnings • May 28Full year 2022 earnings released: EPS: ₹0.57 (vs ₹0.95 in FY 2021)Full year 2022 results: EPS: ₹0.57 (down from ₹0.95 in FY 2021). Revenue: ₹2.67b (down 12% from FY 2021). Net income: ₹68.6m (down 40% from FY 2021). Profit margin: 2.6% (down from 3.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 26Orient Abrasives Limited Recommends Dividend for the Year Ended 31 March, 2022Orient Abrasives Limited at its board meeting held on May 24, 2022 recommended dividend at 15 % i.e. INR 0.15 per Equity Shares (face value of INR 1 each) of the Company for the year ended 31 March, 2022, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company.
お知らせ • May 18Orient Abrasives Limited to Report Q4, 2022 Final Results on May 24, 2022Orient Abrasives Limited announced that they will report Q4, 2022 final results on May 24, 2022
Reported Earnings • Feb 09Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.36 (vs ₹0.36 in 3Q 2021). Revenue: ₹485.6m (down 45% from 3Q 2021). Net income: ₹10.4m (down 76% from 3Q 2021). Profit margin: 2.1% (down from 4.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹36.30, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 69% over the past three years.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS ₹0.12 (vs ₹0.19 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹724.8m (up 7.5% from 2Q 2021). Net income: ₹14.2m (down 39% from 2Q 2021). Profit margin: 2.0% (down from 3.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 03Orient Abrasives Limited Updates on Its Operations of the Plant At PorbandarOrient Abrasives Limited announced that further to letter bearing reference no. Orient/Stock Exch/Letter/261 dated 9th June, 2021 regarding suspension of significant part of operations of the Plant of the Company situated at Porbandar, due to shortage of raw-material. In this connection, the company update that presently the Company is facing challenging situation in its business viz. non-availability of the specialized grade Bauxite, which is the main raw material in its production of refractory raw materials at its Porbandar Plant. The absence of a sustainable supply of the required raw material has made it extremely difficult for the Company to operate its plant, which has casted a dark shadow on its survival. the company would also like to earnestly submit that the Management has taken several initiatives to be able to sustain the operations and have always supported company's direct/indirect manpower without any retrenchment and layoffs, despite the Covid pandemic and the looming heavy financial pressure. However, considering the given set of challenges and despite taking several initiatives, it has become burdensome and completely un-viable for the Company to continue with the plant operations, hence, the management of the Company has decided to discontinue the operations and close-down its plant at Porbandar. the company are working with government authorities to obtain consent and following procedures to this effect. However, the company would like to reiterate that other quality refractory raw materials, ceramic products, and hydrocarbon-solutions of the Company, which are not dependent on the Porbandar Plant continue to do well.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 37% share price gain to ₹36.15, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 14% over the past three years.
お知らせ • Jun 05Orient Abrasives Limited (BSE:504879) agreed to acquire Orient Advanced Materials Private Limited from Manan Shah and Chetan Shah for INR 0.1 million.Orient Abrasives Limited (BSE:504879) agreed to acquire Orient Advanced Materials Private Limited from Manan Shah and Chetan Shah for INR 0.1 million on June 4, 2021. Under the term, Orient Abrasives Limited will acquire 0.01 million shares of Orient Advanced Materials Private Limited at INR 10 per share. Post completed, Orient Advanced Materials Private Limited will operates as a wholly-owned subsidiary of Orient Abrasives Limited. As of December 31, 2020, Orient Advanced Materials Private Limited reported turnover as nil. The transaction was approved by the board of directors of Orient Abrasives Limited on June 4, 2021.
Reported Earnings • May 13Full year 2021 earnings released: EPS ₹0.95 (vs ₹1.72 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.04b (down 12% from FY 2020). Net income: ₹113.7m (down 45% from FY 2020). Profit margin: 3.7% (down from 5.9% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
お知らせ • May 12Orient Abrasives Limited Recommends Dividend for the Year Ended March 31, 2021Orient Abrasives Limited recommended a dividend at the rate of 15% that is INR 0.15 per Equity Shares face value of INR 1.00 each of the Company for the year ended 31st March, 2021, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹28.45, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 18x in the Metals and Mining industry in India. Total loss to shareholders of 20% over the past three years.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹24.95, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total loss to shareholders of 37% over the past three years.
お知らせ • Feb 04Orient Abrasives Limited Announces Executive ChangesThe Board of Directors of Orient Abrasives Limited at its meeting held on February 2, 2021, approved the appointment of Mrs. Seema Gangawat as Company Secretary & Compliance Officer of the Company with effect from 2nd February, 2021, she will be considered as Key Managerial Personnel of the Company. Co-option of Mrs. Neeta Shah as an Additional Director (category - (Independent Woman Director)) for a term of three years with effect from 2nd February, 2021, subject To Approve the shareholders at the ensuing Annual General Meeting of the Company. Mrs. Neeta Shah has not been debarred from holding the office of director by virtue of SEBI order or any other such authority. Mrs. Neeta Shah is Bachelor of Arts and has completed Bachelor of Education. She has good exposure in Marketing and also been prominently involved in various social welfare activities. Ms. Seema Gangawat is qualified company secretary and post graduate in commerce field, additionally she has also completed LLB. She has over 13 years of experience in the field of statutory compliance management, Listing Compliances Advising management in strategic decisions in light of Corporate law.
お知らせ • Feb 03Orient Abrasives Limited Announces Appointment of Vikash Khemka as Chief Financial OfficerThe Board of Directors of Orient Abrasives Limited at its meeting held on February 2, 2021, approved the appointment of Mr. Vikash Khemka as Chief Financial Officer of the Company with effect from 2 February 2021, he will be considered as Key Managerial Personnel of the Company. Mr. Vikash Khemka is Chartered accountant by profession and has 15 years of rich experience in the Finance & Accounts functions. His Wide experience consists of Financial Accounting& Controlling Financial Reporting, P&L Management, Taxation, Working Capital Fund Management.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS ₹0.36 (vs ₹0.38 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹891.4m (up 2.9% from 3Q 2020). Net income: ₹43.1m (down 6.3% from 3Q 2020). Profit margin: 4.8% (down from 5.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Jan 27Orient Abrasives Limited to Report Q3, 2021 Results on Feb 02, 2021Orient Abrasives Limited announced that they will report Q3, 2021 results on Feb 02, 2021
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹28.00, the stock is trading at a trailing P/E ratio of 25.1x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 17x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 45%.
Is New 90 Day High Low • Jan 04New 90-day high: ₹23.95The company is up 20% from its price of ₹19.90 on 06 October 2020. The Indian market is also up 20% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Metals and Mining industry, which is up 34% over the same period.
お知らせ • Dec 23Orient Abrasives Limited Announces Resignation of Bimal Parmar, Company Secretary & Compliance OfficerOrient Abrasives Limited announced that Mr. Bimal Parmar, Company Secretary & Compliance Officer of the Company has resigned and relieved with effect from closing hours of 18 December, 2020.
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 16% share price gain to ₹23.60, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 18.2x. This compares to an average P/E of 14x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 52%.
Is New 90 Day High Low • Dec 01New 90-day high: ₹23.45The company is up 21% from its price of ₹19.35 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period.
お知らせ • Nov 12Orient Abrasives Limited, Annual General Meeting, Dec 03, 2020Orient Abrasives Limited, Annual General Meeting, Dec 03, 2020, at 15:00 Indian Standard Time.