Murudeshwar Ceramics Ltd. manufactures and sells ceramic and vitrified tiles in India, the Americas, South America, Europe, and internationally.
Excellent balance sheet and fair value.
Share Price & News
How has Murudeshwar Ceramics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MURUDCERA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MURUDCERA exceeded the Indian Building industry which returned -12.2% over the past year.
Return vs Market: MURUDCERA exceeded the Indian Market which returned 2.6% over the past year.
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
1 week ago | Simply Wall StIs Murudeshwar Ceramics (NSE:MURUDCERA) Headed For Trouble?
2 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Murudeshwar Ceramics Ltd.'s (NSE:MURUDCERA) P/E Ratio
2 months ago | Simply Wall StMurudeshwar Ceramics (NSE:MURUDCERA) Seems To Be Using An Awful Lot Of Debt
Is Murudeshwar Ceramics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MURUDCERA (₹15.85) is trading below our estimate of fair value (₹336.43)
Significantly Below Fair Value: MURUDCERA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MURUDCERA is poor value based on its PE Ratio (63.2x) compared to the IN Building industry average (14.2x).
PE vs Market: MURUDCERA is poor value based on its PE Ratio (63.2x) compared to the Indian market (14x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MURUDCERA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MURUDCERA is good value based on its PB Ratio (0.3x) compared to the IN Building industry average (0.7x).
How is Murudeshwar Ceramics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Murudeshwar 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.
- Examine whether Murudeshwar Ceramics is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Murudeshwar Ceramics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Murudeshwar Ceramics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MURUDCERA has high quality earnings.
Growing Profit Margin: MURUDCERA's current net profit margins (1.7%) are lower than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: MURUDCERA's earnings have grown significantly by 32.5% per year over the past 5 years.
Accelerating Growth: MURUDCERA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MURUDCERA had negative earnings growth (-63.5%) over the past year, making it difficult to compare to the Building industry average (-14.1%).
Return on Equity
High ROE: MURUDCERA's Return on Equity (0.5%) is considered low.
How is Murudeshwar Ceramics's financial position?
Financial Position Analysis
Short Term Liabilities: MURUDCERA's short term assets (₹1.6B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: MURUDCERA's short term assets (₹1.6B) exceed its long term liabilities (₹299.2M).
Debt to Equity History and Analysis
Debt Level: MURUDCERA's debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: MURUDCERA's debt to equity ratio has reduced from 35.1% to 23.1% over the past 5 years.
Debt Coverage: MURUDCERA's debt is well covered by operating cash flow (61.2%).
Interest Coverage: MURUDCERA's interest payments on its debt are not well covered by EBIT (0.7x coverage).
What is Murudeshwar Ceramics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MURUDCERA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MURUDCERA'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 MURUDCERA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MURUDCERA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MURUDCERA is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MURUDCERA's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Satish Shetty (58 yo)
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
Compensation vs Market: Satish's total compensation ($USD96.12K) is above average for companies of similar size in the Indian market ($USD49.12K).
Compensation vs Earnings: Satish's compensation has been consistent with company performance over the past year.
|MD, CEO & Executive Director||no data||₹7.20m||2.33% |
|Whole Time Director||2yrs||₹3.31m||0.021% |
|Non-Executive & Non-Independent Director||no data||no data||2.34% |
|Non-Executive & Non-Independent Director||24.75yrs||no data||2.33% |
|Non-Executive & Non-Independent Chairman||no data||no data||0.42% |
|Non-Executive & Independent Director||12.08yrs||₹80.00k||0.0048% |
|Independent Non-Executive Director||9.33yrs||₹100.00k||no data|
|Non-Executive & Independent Director||8.25yrs||₹100.00k||no data|
|Non-Executive & Independent Director||6.08yrs||₹70.00k||no data|
|Additional Independent Director||1.75yrs||₹26.00k||no data|
Experienced Board: MURUDCERA's board of directors are considered experienced (8.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Murudeshwar Ceramics Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Murudeshwar Ceramics Ltd.
- Ticker: MURUDCERA
- Exchange: NSEI
- Founded: 1983
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹751.668m
- Shares outstanding: 47.57m
- Website: https://www.naveentiles.co.in
Number of Employees
- Murudeshwar Ceramics Ltd.
- Naveen Complex
- 7th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|515037||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 1994|
|MURUDCERA||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 1994|
Murudeshwar Ceramics Ltd. manufactures and sells ceramic and vitrified tiles in India, the Americas, South America, Europe, and internationally. It offers wall tiles, such as bathroom, kitchen, and outdoor ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 12:46|
|End of Day Share Price||2020/08/10 00:00|
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.