Murudeshwar Ceramics Ltd.

BSE: MURUDCERA515037ISIN INE692B01014

Consumer Discretionary
Ceramics

Share price

₹27.99+1.49 (+5.62%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹43.90
52W low: ₹23.66
Off 52W high: -36.24%
1M return: -0.29%
3M return: -10.92%
6M return: -17.51%
1Y return: -35.15%
20D avg volume: 1,059
50 DMA: ₹28.53
200 DMA: ₹31.11

Key ratios Consolidated

Market cap: ₹169.47 Cr
Current price: ₹27.99
52W high / low: ₹43.90 / ₹23.66
Face value: ₹10.00
P/E: 17.51
P/B: 0.45
EPS (TTM): ₹1.60
Book value / share: ₹62.78
ROE: —
ROCE: 5.40%
Operating margin: —
Net margin: —
Debt / equity: 0.37
Net debt: ₹138.64 Cr
Interest cover: 2.11
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 237.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	50.09	62.64	51.11	45.57	46.15	66.40	50.15	42.85	43.47	—
	0.06	3.09	4.04	2.32	0.12	2.82	0.12	1.77	0.19	—
	50.16	65.74	55.15	47.89	46.27	69.22	50.27	44.62	43.67	—
	47.77	61.84	50.47	44.72	44.32	63.78	48.40	41.91	41.73	—
	9.70	8.83	9.23	8.47	9.45	15.69	10.07	8.88	9.12	—
	2.77	3.36	3.49	2.39	2.28	3.84	2.25	2.25	2.23	—
	7.66	9.24	8.68	6.15	7.20	9.61	7.16	6.84	6.01	—
	3.39	4.05	2.70	2.78	2.86	4.05	2.85	3.08	3.08	—
	3.86	4.86	3.36	3.37	3.37	4.38	3.38	3.37	3.37	—
	20.10	27.19	24.74	21.45	21.90	23.40	—	—	—	—
	2.39	3.89	4.68	3.17	1.95	5.43	1.87	2.71	1.94	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.39	3.89	4.68	3.17	1.95	5.43	1.87	2.71	1.94	—
	1.57	3.36	0.00	0.00	0.00	3.02	0.02	0.02	0.02	—
	0.81	1.58	4.09	3.19	1.93	3.25	1.67	2.91	2.01	—
	0.13	0.28	0.68	0.53	0.32	0.50	0.28	0.48	0.33	—
Key metrics
	9.64	12.80	10.74	9.32	8.18	13.86	8.10	9.16	8.39	—
	19.20%	20.40%	21.00%	20.50%	17.70%	20.90%	16.20%	21.40%	19.30%	—
	1.60%	2.50%	8.00%	7.00%	4.20%	4.90%	3.30%	6.80%	4.60%	—
	—	1.70%	—	1.30%	—	2.10%	—	—	—	—
	8.50%	-5.70%	1.90%	6.30%	6.20%	—	—	—	—	—
	-58.00%	-51.40%	144.90%	9.60%	-4.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	209.41	205.47	202.86	—
	9.51	9.56	4.91	—
	218.94	215.04	207.77	—
	204.80	201.34	195.82	—
	36.23	35.99	43.76	—
	12.01	11.51	10.57	—
	31.73	31.26	29.61	—
	12.92	12.39	13.06	—
	15.45	14.96	14.50	—
	93.48	95.28	85.32	—
	14.13	13.70	11.95	—
	0.00	0.00	0.00	—
	14.13	13.70	11.95	—
	4.93	4.99	4.10	—
	9.67	10.80	9.84	—
	1.62	1.82	1.59	—
Key metrics
	42.50	41.05	39.51	—
	20.30%	20.00%	19.50%	—
	4.62%	5.30%	4.90%	—
	—	5.40%	5.60%	—
	1.88%	1.30%	—	—
	-0.92%	9.80%	—	—
	—	-21.15	-0.65	—
	—	1.97	2.92	—
	—	0.37	0.28	—
	—	138.64	103.78	—
	—	237.0	213.4	—
Balance sheet
	—	615.90	569.92	—
	—	189.58	170.66	—
	—	1.50	0.68	—
	—	51.48	40.57	—
	—	114.58	108.68	—
	—	17.47	0.00	—
	—	390.24	349.05	—
	—	32.57	30.65	—
	—	135.73	127.26	—
	—	140.14	104.46	—
	—	65.41	64.84	—
	—	74.73	39.62	—
	—	380.09	372.08	—
Cash flow
	—	21.33	28.69	—
	—	-40.96	-24.47	—
	—	23.24	-16.16	—
	—	42.48	29.34	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	50.09	62.64	51.11	45.57	46.15	66.40	50.15	42.85	43.47	—
	0.06	3.09	4.04	2.32	0.12	2.82	0.12	1.77	0.19	—
	50.16	65.74	55.15	47.89	46.27	69.22	50.27	44.62	43.67	—
	47.77	61.84	50.47	44.72	44.32	63.78	48.40	41.91	41.73	—
	9.70	8.83	9.23	8.47	9.45	15.69	10.07	8.88	9.12	—
	2.77	3.36	3.49	2.39	2.28	3.84	2.25	2.25	2.23	—
	7.66	9.24	8.68	6.15	7.20	9.61	7.16	6.84	6.01	—
	3.39	4.05	2.70	2.78	2.86	4.05	2.85	3.08	3.08	—
	3.86	4.86	3.36	3.37	3.37	4.38	3.38	3.37	3.37	—
	20.10	27.19	24.74	21.45	21.90	23.40	—	—	—	—
	2.39	3.89	4.68	3.17	1.95	5.43	1.87	2.71	1.94	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.39	3.89	4.68	3.17	1.95	5.43	1.87	2.71	1.94	—
	1.57	3.36	0.00	0.00	0.00	3.02	0.02	0.02	0.02	—
	0.82	1.46	4.68	3.17	1.95	3.46	1.85	2.69	1.92	—
	0.13	0.28	0.77	0.52	0.32	0.53	0.31	0.45	0.32	—
Key metrics
	9.64	12.80	10.74	9.32	8.18	13.86	8.10	9.16	8.39	—
	19.20%	20.40%	21.00%	20.50%	17.70%	20.90%	16.20%	21.40%	19.30%	—
	1.60%	2.30%	9.20%	7.00%	4.20%	5.20%	3.70%	6.30%	4.40%	—
	—	1.70%	—	1.30%	—	2.10%	—	—	—	—
	8.50%	-5.70%	1.90%	6.30%	6.20%	—	—	—	—	—
	-57.90%	-57.80%	153.00%	17.80%	1.60%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	209.41	205.47	202.86	—
	9.51	9.56	4.91	—
	218.94	215.04	207.77	—
	204.80	201.34	195.82	—
	36.23	35.99	43.76	—
	12.01	11.51	10.57	—
	31.73	31.26	29.61	—
	12.92	12.39	13.06	—
	15.45	14.96	14.50	—
	93.48	95.28	85.32	—
	14.13	13.70	11.95	—
	0.00	0.00	0.00	—
	14.13	13.70	11.95	—
	4.93	4.99	4.10	—
	10.13	11.26	9.93	—
	1.70	1.90	1.60	—
Key metrics
	42.50	41.05	39.51	—
	20.30%	20.00%	19.50%	—
	4.84%	5.50%	4.90%	—
	—	5.40%	5.70%	—
	1.88%	1.30%	—	—
	1.81%	13.40%	—	—
	—	-20.68	-0.57	—
	—	1.94	2.90	—
	—	0.37	0.28	—
	—	138.64	103.78	—
	—	237.0	213.4	—
Balance sheet
	—	615.66	569.22	—
	—	189.58	170.66	—
	—	1.50	0.68	—
	—	51.48	40.57	—
	—	114.58	108.68	—
	—	17.47	0.00	—
	—	390.24	349.05	—
	—	32.57	30.65	—
	—	135.73	127.26	—
	—	140.14	104.46	—
	—	65.41	64.84	—
	—	74.73	39.62	—
	—	379.85	371.38	—
Cash flow
	—	21.80	28.77	—
	—	-41.43	-24.56	—
	—	23.24	-16.16	—
	—	42.48	29.34	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +1.88%
Profit YoY (TTM): +1.81%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +1.88%
Profit YoY (TTM): -0.92%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.96%

Holder	Type	Holding	Previous	Change
MURUDESHWAR POWER CORPORATION PRIVATE LIMITED	Promoter Group	38.26%	—	—
RNS INFRASTRUCTURE LIMITED	Promoter Group	21.23%	—	—
SATISH RAMA SHETTY	Promoter	3.82%	—	—
NAVEEN MECHANISED CONSTRUCTION COMPANY PRIVATE LIMITED	Promoter Group	3.56%	—	—
SANGEETHA S	Public	1.90%	—	—
SUNIL R SHETTY	Promoter	1.05%	—	—
NAVEEN RAMA SHETTY	Promoter	1.05%	—	—
MAMTHA SUDESH HEGDE	Promoter Group	1.03%	—	—
SAMTHA ABHAYANAND SHETTY	Promoter Group	1.03%	—	—
GEETA SANDIP MALLI	Promoter Group	1.03%	—	—
SHOBHA JEEVAN SHETTY	Promoter Group	1.03%	—	—
RAMA NAGAPPA SHETTY (on behalf of R N SHETTY FAMILY TRUST)	Promoter Group	0.29%	—	—
KOLKEBAIL JEEVAN SHETTY	Promoter Group	0.06%	—	—
SANDIP MALLI KAIDALE	Promoter Group	0.06%	—	—
BILLADI SUDESH HEGDE	Promoter Group	0.06%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Kajaria Ceramics Ltd	18,214	1,159.05	30.13	21.00%	+14.20% TTM	+64.95% TTM	-0.71%
Varmora Granito Limited	3,042	134.60	49.02 FY26	—	+4.59% FY26	+79.04% FY26	—
Somany Ceramics Limited	2,338	570.00	23.16	12.70%	+9.32% TTM	+90.22% TTM	+28.08%
Nitco Ltd.	2,014	79.72	-55.54	6.00%	+27.47% TTM	+94.10% TTM	-20.91%
ASIAN GRANITO INDIA LIMITED	1,321	44.57	-1,552.80	3.30%	+24.29% TTM	-102.15% TTM	-33.64%
Orient Bell Limited	563	381.55	26.65	5.00%	+13.22% TTM	+390.02% TTM	+30.13%
Exxaro Tiles Limited	282	6.31	47.35	5.10%	+19.48% TTM	-11.69% TTM	-23.14%
Murudeshwar Ceramics Ltd.	169	27.99	17.51	5.40%	+1.88% TTM	-0.92% TTM	-35.15%
Manoj Ceramic Limited	127	92.04	—	15.90%	—	—	-13.13%
Restile Ceramics Ltd. S	78	7.95	-795.00	0.20%	+290.48% TTM	+86.75% TTM	-6.58%
Regency Ceramics Ltd S	77	29.10	-3.15	-123.60%	+163.72% TTM	-888.71% TTM	-40.60%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve In terms of Regulation ....2 Nov 2026 · Board Meeting / Board Meeting
Please find attached Compliance Certificate for the quarter ended 30.09.2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached the details of TWC.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached voting results and Scrutiniser''s Report for the 43rd Annual General Meeting held today on 18th September, 2026.18 Sep 2026 · AGM/EGM / AGM
Please find attached the details of outcome of the 43rd Annual General Meeting held today on 18th September, 2018.18 Sep 2026 · AGM/EGM / AGM
We wish to inform you that the 43rd Annual General Meeting of the Company will be held on Friday, 18th September, 2026 at 3:00 P.M. at Hotel Naveen, Unkal Lake, Hubballi - Dharwad Highway, ....18 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find attached the Notice of 43rd Annual General Meeting scheduled to be held on 18th September, 2018 at 3:00 P.M.18 Aug 2026 · AGM/EGM / AGM
We wish to inform you for Book Closure from 11.09.2026 to 18.09.2026 for the purpose of 43rd Annual General Meeting. please find attached details for the same.13 Aug 2026 · Corp. Action / Book Closure
Please find attached the details of 43rd Annual General Meeting scheduled to be held on 18th September, 2026 at 3:00 P.M.13 Aug 2026 · Company Update / General
Please find attached Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.12 Aug 2026 · Result / Financial Results
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting ....12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve In terms of Regulation ....1 Aug 2026 · Board Meeting / Board Meeting
Please find attached the compliance certificate under regulation 74(5) of the SEBI(DP) Regulations, 20189 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached the details letter for closure of Trading Window for the quarter ending June 30, 2026.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached results and other relevant certificates.29 May 2026 · Result / Financial Results
In terms of Regulation 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....29 May 2026 · Board Meeting / Outcome of Board Meeting
The Board Meeting to be held on 20/05/2026 has been revised to 29/05/2026 The Board Meeting to be held on 20/05/2026 has been revised to 29/05/202615 May 2026 · Company Update / Board Meeting Rescheduled
Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/05/2026 ,inter alia, to consider and approve In terms of Regulation ....27 Apr 2026 · Board Meeting / Board Meeting
Please find attached the subject Compliance Certificate .6 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
This is to inform you that the Trading Window for the quarter ending March 31, 2026 will remain closed from 1st April, 2026 and same will be opened after expiry of 48 hours from the date ....25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satish Rama Shetty10 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shri Naveen Rama Shetty4 Mar 2026 · Insider Trading / SAST / Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011
Please find attached the results.14 Feb 2026 · Result / Financial Results
Please find attached the financial results for the quarter ended 31.12.202613 Feb 2026 · Result / Financial Results
In terms of Regulation 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....13 Feb 2026 · Board Meeting / Outcome of Board Meeting
Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve In terms of Regulation ....30 Jan 2026 · Board Meeting / Board Meeting
Please find attached the revised covering letter along with Compliance Certificate under Regulation 74 (5) of DP Reg. 2018. Please read for the quarter ended 31st December, 2025 instead ....10 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
For more detail, Please refer to the attached Compliance Certificate.10 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer to attached file.25 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Please attached results for more details.12 Nov 2025 · Result / Financial Results
In terms of Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company has considered ....12 Nov 2025 · Board Meeting / Outcome of Board Meeting
Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve This is to inform you ....28 Oct 2025 · Board Meeting / Board Meeting
Please find attached compliance certificate in terms of Regulation 74(5) of SEBI(DP) Regulations, 2018.8 Oct 2025 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached details letter.19 Sep 2025 · Insider Trading / SAST / Closure of Trading Window
Please find attached voting results along with scrutinizer report25 Aug 2025 · AGM/EGM / AGM
Please find attached outcome of 42nd Annual General Meeting held today on 25th August, 2025.25 Aug 2025 · AGM/EGM / AGM
Please find attached results for more details.13 Aug 2025 · Result / Financial Results
In terms of Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company has considered ....13 Aug 2025 · Board Meeting / Outcome of Board Meeting
Murudeshwar Ceramics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2025 ,inter alia, to consider and approve This is to inform you ....28 Jul 2025 · Board Meeting / Board Meeting
Please find enclosed the Notice of 42nd Annual General Meeting along with Integrated Annual Report for the financial year 2024-25 comprising the standalone and consolidated audited financial ....22 Jul 2025 · Others / Reg. 34 (1) Annual Report

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	14 Aug 2025	14 Aug 2025	—
Final Dividend - Rs. - 0.5000	13 Sep 2024	—	—

Board meetings

12 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results