BSE:532823

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • Euro Ceramics has significant price volatility in the past 3 months.
  • Euro Ceramics's last earnings update was 322 days ago.
  • Euro Ceramics is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

BSE:532823

-1.3%

IN Building

-0.7%

IN Market


1 Year Return

-40.1%

BSE:532823

-12.8%

IN Building

-12.1%

IN Market

532823 underperformed the Building industry which returned -13% over the past year.

532823 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

532823IndustryMarket
7 Day0%-1.3%-0.7%
30 Day-5.0%-8.3%-4.6%
90 Day-24.5%-10.8%-4.3%
1 Year-40.1%-40.1%-12.3%-12.8%-10.3%-12.1%
3 Year-80.1%-80.1%16.3%14.2%18.9%12.8%
5 Year-83.5%-83.5%84.7%78.5%37.6%24.7%

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 based on future cash flows and its price relative to the stock 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 expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Building 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?

-253.8%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Euro Ceramics does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Euro Ceramics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Euro Ceramics's 1-year growth to the IN Building industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Euro Ceramics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Euro Ceramics has efficiently used its assets last year compared to the IN Building industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Euro Ceramics improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Euro Ceramics's financial position?


Financial Position Analysis

Euro Ceramics's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

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


Debt to Equity History and Analysis

Euro Ceramics has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Euro Ceramics's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Euro Ceramics has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Euro Ceramics has less than a year of cash runway based on current free cash flow.

Euro Ceramics has less than a year of cash runway if free cash flow continues to grow at historical rates of 41.5% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

Unable to evaluate Euro 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 Euro Ceramics has not reported any payouts.

Unable to verify if Euro 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 Euro 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 Euro Ceramics's salary, the management and board of directors tenure and is there insider trading?

5.2yrs

Average management tenure


CEO

Nenshi Shah (59yo)

3.5yrs

Tenure

₹1,200,000

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

Nenshi's remuneration is about average for companies of similar size in India.

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


Management Age and Tenure

5.2yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Euro Ceramics management team is over 5 years, this suggests they are a seasoned and experienced team.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Nenshi Shah (59yo)

    Chief Executive Officer

    • Tenure: 3.5yrs
    • Compensation: 1.20m
  • Paresh Shah (50yo)

    Chief Financial Officer

    • Tenure: 5.2yrs
    • Compensation: 1.20m
  • Kumar Shah (60yo)

    Director of Procurement & Projects

    • Compensation: 200.00k
  • Talakshi Nandu (69yo)

    Director of Operations

    • Compensation: 200.00k
  • Viral Nandu (34yo)

    Chairman

  • Pratik Shah (38yo)

    Compliance Officer

    • Tenure: 6.0yrs

Board Members

  • Viral Nandu (34yo)

    Chairman

    • Tenure: 2.9yrs
  • Lata Mehta (51yo)

    Independent Director

  • Dhaval Gada (30yo)

    Independent Director

  • Gautam Pandit (61yo)

    Additional Independent Director

    • Tenure: 2.3yrs

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: ₹50.944m
  • Shares outstanding: 33.74m
  • Website: Click here

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, san ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:45
End of Day Share Price2019/08/02 00:00
Earnings2018/03/31
Annual Earnings2018/03/31


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.