NSEI:MURUDCERA

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet and fair value.


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

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


Market Performance


7 Day Return

-2.2%

MURUDCERA

6.6%

IN Building

2.4%

IN Market


1 Year Return

11.2%

MURUDCERA

-10.3%

IN Building

5.1%

IN Market

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.


Shareholder returns

MURUDCERAIndustryMarket
7 Day-2.2%6.6%2.4%
30 Day-8.4%9.2%5.2%
90 Day30.5%20.7%21.1%
1 Year11.2%11.2%-7.1%-10.3%7.0%5.1%
3 Year-59.1%-59.1%-10.1%-15.6%4.8%-0.2%
5 Year-30.0%-30.0%58.6%44.0%30.4%20.7%

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 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: 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).


Next Steps

Future Growth

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

34.6%

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.


Next Steps

Past Performance

How has Murudeshwar Ceramics performed over the past 5 years?

32.5%

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.


Next Steps

Financial Health

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).


Balance Sheet


Next Steps

Dividend

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.


Next Steps

Management

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

8.8yrs

Average board tenure


CEO

Satish Shetty (58 yo)

no data

Tenure

₹7,200,000

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

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.


Board Members

NamePositionTenureCompensationOwnership
Satish Shetty
MD, CEO & Executive Directorno data₹7.20m2.33%
₹ 17.5m
Karan Shetty
Whole Time Director2yrs₹3.31m0.021%
₹ 154.8k
Sunil Shetty
Non-Executive & Non-Independent Directorno datano data2.34%
₹ 17.6m
Naveen Shetty
Non-Executive & Non-Independent Director24.75yrsno data2.33%
₹ 17.5m
Rama Shetty
Non-Executive & Non-Independent Chairmanno datano data0.42%
₹ 3.2m
Shivabasayya Hiremath
Non-Executive & Independent Director12.08yrs₹80.00k0.0048%
₹ 36.3k
Annappayya Kundapur
Independent Non-Executive Director9.33yrs₹100.00kno data
Sankappa Shetty
Non-Executive & Independent Director8.25yrs₹100.00kno data
Sarvani Alva
Non-Executive & Independent Director6.08yrs₹70.00kno data
Sathya Padaki
Additional Independent Director1.75yrs₹26.00kno data

8.8yrs

Average Tenure

76yo

Average Age

Experienced Board: MURUDCERA's board of directors are considered experienced (8.8 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

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


Key Information

  • 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


Location

  • Murudeshwar Ceramics Ltd.
  • 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 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:46
End of Day Share Price2020/08/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.