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MURUDCERA · Murudeshwar Ceramics Ltd · Constr. - Supplies & Fixtures

MURUDCERA · Murudeshwar Ceramics Ltd · Constr. - Supplies & Fixtures

₹28.75+1.7%

As of 06 Nov close

52-week range

52wk low ₹24.2252wk high ₹43.9

34.5% below 52-week high

52-week range: as of 06 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old

Operating margin above its own averageProfit declined YoY for 2 straight quarters

Revenue (latest Q)

₹50 Cr

Revenue YoY

PAT YoY

-58.0%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

0.5

P/S (TTM)

0.9

Sector P/E

Not available from data source

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
MURUDCERA (this stock)200.5+4.6%+2.5%0.370.0%
Grindwell Norton54.98.3+13.8%+17.2%0.02+1.0%
Carborundum Universal106.55.9+3.9%+5.4%0.11+0.4%
Kajaria Ceramics35.36.2+10.8%+17.8%0.07+1.1%

Promoter

stable

FII

stable

MF

Not available from data source

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2025-26157 pages

Murudeshwar Ceramics Limited, a leading manufacturer of ceramic and vitrified tiles in India, reported satisfactory operational performance during FY2025-26, emphasizing quality, innovation, and market expansion. The company highlighted its commitment to corporate governance, with a well-structured board and compliance with regulatory requirements. It noted strong macroeconomic fundamentals in India, supported by urbanization and infrastructure development, which are expected to drive demand for its products. The report also mentioned the company's focus on improving productivity, optimizing resource utilization, and maintaining high manufacturing standards.

  • Commitment to quality and innovation in ceramic and vitrified tile manufacturing under the 'NAVEEN' brand.
  • Strong corporate governance with structured board committees and compliance with regulatory standards.
  • Management expects a positive outlook for the Indian ceramic tiles industry driven by urbanization, infrastructure development, and government initiatives.

Key takeaway: Murudeshwar Ceramics Limited is positioned to benefit from India's growing infrastructure and urbanization trends, supported by its commitment to quality, innovation, and strong corporate governance practices.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 18 Aug 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Default / Covenant Breach

1 occurrence

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)
View source filing →

The company has pending disputes with tax authorities under the CGST Act for FY 2019-20 and FY 2020-21, with demands of Rs.35,55,042 and Rs.11,04,444 respectively, and is appealing these decisions.

Routine disclosures

Contingent Liability

3 occurrences

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)· 5 passages
View source filing →

The Company has been sanctioned working capital limits exceeding rupees five crore with a consortium of banks, but the quarterly returns filed with banks do not agree with the company's books of account, showing discrepancies in current assets.

Earlier (1-3 years ago)

Annual Report22 Jul 2025 (FY2024-25)· 4 passages
View source filing →

The company has provided guarantees of Rs. 100 Crores during the year and Rs. 450 Crores as at the end of the year, as disclosed in the annual report.

Annual Report26 Aug 2024 (FY2023-24)· 3 passages
View source filing →

The company has contingent liabilities including claims not acknowledged as debt, guarantees, and letters of credit established with banks, as well as commitments related to estimated amounts of contracts remaining to be executed on capital account and not provided for tangible assets.

Related-Party Transaction

3 occurrences

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)· 2 passages
View source filing →

The company approved existing and new Material Related Party Transactions with RNS Infrastructure Limited (RNSIL) under SEBI regulations and the Companies Act, 2013 in its AGM for the years 2024-25, 2023-24, and 2022-23.

Earlier (1-3 years ago)

Annual Report22 Jul 2025 (FY2024-25)· 4 passages
View source filing →

The company approved Material Related Party Transactions with RNS Infrastructure Limited (RNSIL) as per SEBI regulations and the Companies Act, 2013.

Annual Report26 Aug 2024 (FY2023-24)· 4 passages
View source filing →

The company approved existing and new Material Related Party Transactions with RNS Infrastructure Limited (RNSIL) in accordance with SEBI regulations and the Companies Act, 2013.

Statutory dues in dispute

1 occurrence

Earlier (1-3 years ago)

Annual Report22 Jul 2025 (FY2024-25)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has pending disputes related to income tax and goods & service tax, with a total demand of Rs.35,00,000 as per the order under the CGST Act, 2017 for FY 2019-20.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

0.79% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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