BSE:532823

Stock Analysis Report

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Executive Summary

Euro Ceramics Limited manufactures and sells marbles and tiles in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 532823 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

532823

0.8%

IN Building

1.8%

IN Market


1 Year Return

-70.3%

532823

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 532823 underperformed the Indian Building industry which returned -38.1% over the past year.

Return vs Market: 532823 underperformed the Indian Market which returned -23.2% over the past year.


Shareholder returns

532823IndustryMarket
7 Day0%0.8%1.8%
30 Day-8.1%-8.6%-0.5%
90 Dayn/a-35.8%-22.2%
1 Year-70.3%-70.3%-37.1%-39.6%-22.2%-23.7%
3 Year-95.2%-95.2%-28.1%-32.5%-12.1%-16.8%
5 Year-88.6%-88.6%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Euro Ceramics undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Euro Ceramics is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Euro Ceramics has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 532823’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Euro Ceramics regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is Euro Ceramics 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 Euro Ceramics 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 Euro Ceramics performed over the past 5 years?

-1409.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 532823 is currently unprofitable.

Growing Profit Margin: 532823 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 532823's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 532823's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532823 is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (1.2%).


Return on Equity

High ROE: 532823's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Euro Ceramics's financial position?


Financial Position Analysis

Short Term Liabilities: 532823 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 532823 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 532823 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 532823's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 532823 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 532823 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532823's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 532823's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 532823's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532823's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532823's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Nenshi Shah (59yo)

4.25yrs

Tenure

₹1,100,000

Compensation

Mr. Nenshi Ladhabhai Shah has been the Chief Executive Officer of Euro Ceramics Ltd. since February 22, 2016. Mr. Shah founded Euro Ceramics Ltd. and served as its Managing Director from December 1, 2005 t ...


CEO Compensation Analysis

Compensation vs Market: Nenshi's total compensation ($USD14.47K) is below average for companies of similar size in the Indian market ($USD50.03K).

Compensation vs Earnings: Nenshi's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Nenshi Shah
Chief Executive Officer4.25yrs₹1.10m4.81% 924.3k
Paresh Shah
Chief Financial Officer5.92yrs₹1.10m0.88% 168.6k
Viral Nandu
Chairman3.67yrsno datano data
Talakshi Nandu
Director of Operationsno data₹200.00k0.90% 173.7k
Pratik Shah
Compliance Officer6.75yrsno data0.48% 91.8k
Kumar Shah
Director of Procurement & Projectsno data₹200.00k0.83% 160.1k

5.9yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 532823's management team is seasoned and experienced (5.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Euro Ceramics Limited
  • Ticker: 532823
  • Exchange: BSE
  • Founded: 2002
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹19.230m
  • Shares outstanding: 33.74m
  • Website: https://eurovitrified.com

Location

  • Euro Ceramics Limited
  • 208, Sangam Arcade
  • 2nd Floor
  • Mumbai
  • Maharashtra
  • 400056
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532823BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2007
EUROCERANSEI (National Stock Exchange of India)YesEquity SharesININRMar 2007

Biography

Euro Ceramics Limited manufactures and sells marbles and tiles in India. It operates through Calcareous Tiles/Mable, Sanitaryware, and Other divisions. The company offers vitrified and porcelain tiles, sanitary ware products, composite marbles, an wall tiles, as well as agglomerated marbles and aluminum extruded sections. Its vitrified tiles are used in applications, such as commercial complexes, residential, retail, IT parks, etc. The company also exports its products. Euro Ceramics Limited was incorporated in 2002 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/25 12:58
End of Day Share Price2020/05/13 00:00
Earnings2019/03/31
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.