BSE:530365

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Executive Summary

Orient Bell Limited manufactures, trades in, and sells ceramic tiles in India and internationally.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Orient Bell's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 530365's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.6%

530365

0.8%

IN Building

1.8%

IN Market


1 Year Return

-67.1%

530365

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 530365 underperformed the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 530365 underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

530365IndustryMarket
7 Day-0.6%0.8%1.8%
30 Day-20.1%-8.6%-0.5%
90 Day-53.1%-35.8%-22.2%
1 Year-67.0%-67.1%-37.1%-39.6%-22.2%-23.7%
3 Year-78.7%-78.9%-28.1%-32.5%-12.1%-16.8%
5 Year-59.3%-59.9%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Orient Bell undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 530365 (₹53) is trading below our estimate of fair value (₹204.65)

Significantly Below Fair Value: 530365 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 530365 is poor value based on its PE Ratio (20.9x) compared to the Building industry average (8.1x).

PE vs Market: 530365 is poor value based on its PE Ratio (20.9x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 530365's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 530365 is good value based on its PB Ratio (0.5x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is Orient Bell forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Orient Bell has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Orient Bell performed over the past 5 years?

11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 530365 has high quality earnings.

Growing Profit Margin: 530365's current net profit margins (0.9%) are lower than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: 530365's earnings have grown by 11.9% per year over the past 5 years.

Accelerating Growth: 530365's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 530365 had negative earnings growth (-67.6%) over the past year, making it difficult to compare to the Building industry average (1.2%).


Return on Equity

High ROE: 530365's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Orient Bell's financial position?


Financial Position Analysis

Short Term Liabilities: 530365's short term assets (₹1.8B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 530365's short term assets (₹1.8B) exceed its long term liabilities (₹802.5M).


Debt to Equity History and Analysis

Debt Level: 530365's debt to equity ratio (25.8%) is considered satisfactory.

Reducing Debt: 530365's debt to equity ratio has reduced from 94% to 25.8% over the past 5 years.

Debt Coverage: 530365's debt is well covered by operating cash flow (92.4%).

Interest Coverage: 530365's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Orient Bell's current dividend yield, its reliability and sustainability?

0.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 530365's dividend (0.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).

High Dividend: 530365's dividend (0.94%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).


Stability and Growth of Payments

Stable Dividend: 530365's dividend payments have been volatile in the past 10 years.

Growing Dividend: 530365's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.7%), 530365's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Aditya Gupta (51yo)

2.17yrs

Tenure

Mr. Aditya Gupta has been Chief Executive Officer of Orient Bell Ltd since March 6, 2018. Mr. Gupta served as Vice President of Bharti Airtel Limited. He is an engineer and MBA from IIT Bombay and IIM Bang ...


CEO Compensation Analysis

Compensation vs Market: Aditya's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Insufficient data to compare Aditya's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Mahendra Daga
Chairmanno data₹20.42m30.18% 237.1m
Aditya Gupta
Chief Executive Officer2.17yrsno datano data
Madhur Daga
MD & Executive Director22.33yrs₹11.80m9.87% 77.6m
Himanshu Jindal
Chief Financial Officer1.42yrsno datano data
Yogesh Mendiratta
Company Secretary & Head of Legalno datano datano data
Anil Agarwal
Chief Operations Officerno datano datano data
Pinaki Nandy
Chief Sales Officer1.58yrsno datano data
Alok Agarwal
Chief Marketing Officer1.5yrsno datano data
Maria Castillo
Chief Product & Solution Designerno datano datano data
Yashpal Soni
General Manager of Materials7.17yrsno datano data

2.2yrs

Average Tenure

59yo

Average Age

Experienced Management: 530365's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mahendra Daga
Chairmanno data₹20.42m30.18% 237.1m
Madhur Daga
MD & Executive Director22.33yrs₹11.80m9.87% 77.6m
Kashinath Pai
Non-Executive Non Independent Director8.08yrs₹9.38m0.13% 990.0k
P. Mathai
Independent Non-Executive Director8.08yrs₹540.00kno data
Tanuja Joshi
Independent Non-Executive Director5.5yrs₹420.00kno data
Sameer Kamboj
Independent Non-Executive Director3.83yrs₹480.00kno data

8.1yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 530365's board of directors are considered experienced (8.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 530365 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Orient Bell Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orient Bell Limited
  • Ticker: 530365
  • Exchange: BSE
  • Founded: 1977
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹785.624m
  • Shares outstanding: 14.28m
  • Website: https://www.orientbell.com

Number of Employees


Location

  • Orient Bell Limited
  • IRIS House
  • 16, Business Centre
  • New Delhi
  • Delhi
  • 110046
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530365BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002
ORIENTBELLNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2002

Biography

Orient Bell Limited manufactures, trades in, and sells ceramic tiles in India and internationally. It offers digital, ceramic, and vitrified tiles for bedroom, lobby, outdoor area, office, retail and parking area, high traffic, corridor, classroom, ground area, façade, study room, bathroom, kitchen, landscape area, living and dining room, pool area, and terrace and balcony applications under the ORIENTBELL brand. Orient Bell Limited was incorporated in 1977 and is based in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 12:57
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
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.