BSE:515037

Stock Analysis Report

Murudeshwar Ceramics

Executive Summary

Murudeshwar Ceramics Limited manufactures and sells tiles in India, the Americas, South America, Europe, and internationally.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • Murudeshwar Ceramics has significant price volatility in the past 3 months.
  • Murudeshwar Ceramics is not covered by any analysts.

Similar Companies

Share Price & News

How has Murudeshwar Ceramics's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

BSE:515037

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-52.9%

BSE:515037

-12.8%

IN Building

-12.1%

IN Market

515037 underperformed the Building industry which returned -13% over the past year.

515037 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

515037IndustryMarket
7 Day-4.8%-1.3%-0.7%
30 Day-17.2%-8.3%-4.6%
90 Day-24.3%-10.8%-4.3%
1 Year-52.9%-52.9%-12.3%-12.8%-10.3%-12.1%
3 Year-45.7%-45.7%16.3%14.2%18.9%12.8%
5 Year-41.3%-41.3%84.7%78.5%37.6%24.7%

Price Volatility Vs. Market

How volatile is Murudeshwar Ceramics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Murudeshwar Ceramics undervalued based on future cash flows and its price relative to the stock market?

16.96x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Murudeshwar Ceramics to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Murudeshwar Ceramics to establish if it is available at substantial discount.


Price Based on Earnings

Murudeshwar Ceramics is good value based on earnings compared to the IN Building industry average.

Murudeshwar Ceramics is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Murudeshwar Ceramics, we can't assess if its growth is good value.


Price Based on Value of Assets

Murudeshwar Ceramics is good value based on assets compared to the IN Building industry average.


Next Steps

Future Growth

How is Murudeshwar Ceramics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Murudeshwar Ceramics is high growth as no revenue estimate data is available.

Murudeshwar Ceramics's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Murudeshwar Ceramics's revenue growth to the India market average as no estimate data is available.

Murudeshwar Ceramics's earnings growth is expected to exceed the India market average.

Murudeshwar Ceramics's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Murudeshwar Ceramics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Murudeshwar Ceramics performed over the past 5 years?

32.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Murudeshwar Ceramics has delivered over 20% year on year earnings growth in the past 5 years.

Murudeshwar Ceramics's 1-year earnings growth is less than its 5-year average (0.9% vs 32.2%)

Murudeshwar Ceramics's earnings growth has not exceeded the IN Building industry average in the past year (0.9% vs 0.9%).


Return on Equity

Murudeshwar Ceramics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Murudeshwar Ceramics used its assets less efficiently than the IN Building industry average last year based on Return on Assets.


Return on Capital Employed

Murudeshwar Ceramics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Murudeshwar Ceramics's financial position?


Financial Position Analysis

Murudeshwar Ceramics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Murudeshwar Ceramics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Murudeshwar Ceramics's level of debt (28.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (40.4% vs 28.7% today).

Debt is not well covered by operating cash flow (5.2%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.8x debt.


Next Steps

Dividend

What is Murudeshwar Ceramics's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Murudeshwar Ceramics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Murudeshwar Ceramics's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Murudeshwar Ceramics has not reported any payouts.

Unable to verify if Murudeshwar Ceramics's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Murudeshwar Ceramics has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Murudeshwar Ceramics's salary, the management and board of directors tenure and is there insider trading?

7.5yrs

Average board tenure


CEO

Satish Shetty (57yo)

₹6,030,000

Compensation

Mr. Satish Rama Shetty serves as the Chief Executive Officer of Murudeshwar Ceramics Ltd., and has been its Managing Director since 1997. Shri. Shetty has taken a very active part in every expansion and di ...


CEO Compensation Analysis

Satish's remuneration is higher than average for companies of similar size in India.

Satish's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

7.5yrs

Average Tenure

72.5yo

Average Age

The tenure for the Murudeshwar Ceramics board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Satish Shetty (57yo)

    MD, CEO & Executive Director

    • Compensation: 6.03m
  • N. Hegde

    VP of Finance & CFO

    • Compensation: 1.50m
  • Karan Shetty (26yo)

    Whole Time Director

    • Tenure: 1.0yrs
  • Mukul Agrawal

    Executive

  • Ashok Kumar

    Company Secretary & Compliance Officer

    • Tenure: 1.0yrs

Board Members

  • Satish Shetty (57yo)

    MD, CEO & Executive Director

    • Tenure: 31.7yrs
    • Compensation: 6.03m
  • Naveen Shetty (51yo)

    Non-Executive Director

    • Tenure: 23.8yrs
  • Sunil Shetty (54yo)

    Non-Executive Director

  • Sathya Padaki (83yo)

    Additional Independent Director

    • Tenure: 0.8yrs
  • Rama Shetty (91yo)

    Non Executive Chairman

  • Karan Shetty (26yo)

    Whole Time Director

    • Tenure: 1.0yrs
  • Shivabasayya Hiremath (82yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: 60.00k
  • Annappayya Kundapur (73yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: 85.00k
  • Sarvani Alva (78yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: 44.00k
  • Sankappa Shetty (72yo)

    Independent Director

    • Tenure: 6.9yrs
    • Compensation: 85.00k

Company Information

Murudeshwar Ceramics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Murudeshwar Ceramics Limited
  • Ticker: 515037
  • Exchange: BSE
  • Founded: 1983
  • Industry: building products
  • Sector: capital goods
  • Market Cap: ₹666.035m
  • Shares outstanding: 47.57m
  • Website: Click here

Number of Employees


Location

  • Murudeshwar Ceramics Limited
  • Naveen Complex
  • 7th Floor
  • Bengaluru
  • Karnataka
  • 560001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
515037BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 1994
MURUDCERANSEI (National Stock Exchange of India)YesEquity SharesININRDec 1994

Biography

Murudeshwar Ceramics Limited manufactures and sells tiles in India, the Americas, South America, Europe, and internationally. The company offers vitrified, wall, cegres, durapave, ceramic floor, and somers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:40
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.