Murudeshwar Ceramics Limited (MURUDCERA) AI Stock Analysis

• Market Cap: ₹2.57B
• Dividend Yield: 1.14%
• Average Volume (3M): 6.32K
• Price to Earnings (P/E): 26.0
• Beta (1Y): 1.24
• Revenue Growth: 7.12%
• EPS Growth: 55.77%
• Country: IN
• Employees: 302
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction
• EPS (TTM): 0.32
• Shares Outstanding: 60,545,260
• 10 Day Avg. Volume: 7,104
• 30 Day Avg. Volume: 6,320
• PEG Ratio: 0.21
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.94
• P/FCF Ratio: -18.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: ₹45.00 ▲(2.13% Upside)

Murudeshwar Ceramics Limited's overall stock score reflects its solid financial performance and growth potential, tempered by technical indicators suggesting bearish momentum and a relatively high valuation. The company's rising debt and cash flow fluctuations are areas of concern that need addressing.

Murudeshwar Ceramics Limited Business Overview & Revenue Model

Company Description

Murudeshwar Ceramics Limited (MURUDCERA) is a prominent player in the ceramics industry, specializing in the manufacture of high-quality ceramic tiles and sanitary ware. The company operates primarily in the construction and interior design sectors, providing a diverse range of products that cater to both residential and commercial markets. With a focus on innovation and quality, Murudeshwar Ceramics has established a strong brand presence and is known for its commitment to sustainability and customer satisfaction.

How the Company Makes Money

Murudeshwar Ceramics Limited generates revenue primarily through the sale of ceramic tiles and sanitary ware products. The company has a well-defined revenue model that includes direct sales to wholesalers, distributors, and retailers, as well as online sales through its e-commerce platform. Key revenue streams include bulk orders from construction companies and developers, retail sales in home improvement stores, and exports to international markets. Additionally, strategic partnerships with architects and interior designers enhance its market reach and brand visibility. Factors contributing to its earnings include a growing demand for high-quality ceramics in the construction industry, effective marketing strategies, and a focus on product innovation to meet changing consumer preferences.

Murudeshwar Ceramics Limited Financial Statement Overview

Summary

Murudeshwar Ceramics Limited shows solid revenue growth and profitability improvements. The balance sheet is strong with a healthy equity base, but rising debt levels and cash flow fluctuations pose potential risks. Overall, the company exhibits growth potential but needs to manage leverage and cash flow stability.

Income Statement

Murudeshwar Ceramics Limited has shown a commendable growth trajectory in total revenue over the years, with a notable increase from 2021 to 2025. The gross profit margin and net profit margin indicate profitability, with gross profit margin consistently above 20%. However, the net profit margin, though improved, remains relatively low. The positive trajectory in revenue growth rate and EBITDA margin reflects operational efficiency improvements, although EBIT margin shows some volatility.

Balance Sheet

The balance sheet reflects a stable equity position with a strong equity ratio above 60%. A moderate debt-to-equity ratio indicates managed financial leverage. However, the increasing total debt over the years poses potential risk. Return on Equity (ROE) has shown improvement, suggesting better utilization of equity, although it remains modest.

Cash Flow

Cash flow analysis shows fluctuations in free cash flow with significant negative values in recent years. Although operating cash flow remains positive, indicating core business strength, the free cash flow to net income ratio reflects inconsistency. The company needs to address capital expenditures to stabilize free cash flow trends.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.06B	2.03B	1.86B	1.72B	1.23B	804.20M
Gross Profit	1.20B	430.48M	1.30B	1.27B	853.42M	472.62M
EBITDA	392.94M	395.05M	331.01M	318.32M	253.88M	78.00M
Net Income	99.34M	98.40M	51.28M	68.58M	21.47M	-118.75M
Balance Sheet
Total Assets	0.00	5.70B	5.48B	5.41B	4.76B	4.72B
Cash, Cash Equivalents and Short-Term Investments	6.79M	24.43M	12.49M	17.38M	60.47M	34.04M
Total Debt	0.00	1.08B	1.23B	1.20B	911.97M	911.25M
Total Liabilities	-3.72B	1.98B	1.83B	1.87B	1.36B	1.39B
Stockholders Equity	3.72B	3.72B	3.66B	3.54B	3.40B	3.33B
Cash Flow
Free Cash Flow	0.00	-100.87M	213.88M	-397.12M	137.78M	-78.75M
Operating Cash Flow	0.00	192.52M	309.58M	426.59M	231.41M	4.90M
Investing Cash Flow	0.00	-250.54M	-50.37M	-816.58M	-129.23M	-58.01M
Financing Cash Flow	0.00	-61.45M	-132.69M	346.90M	-75.76M	54.44M

Murudeshwar Ceramics Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 44.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MURUDCERA, the sentiment is Positive. The current price of 44.06 is above the 20-day moving average (MA) of 42.32, above the 50-day MA of 43.11, and above the 200-day MA of 40.55, indicating a bullish trend. The MACD of -0.15 indicates Negative momentum. The RSI at 57.55 is Neutral, neither overbought nor oversold. The STOCH value of 13.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MURUDCERA.

Murudeshwar Ceramics Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEARDSELL	72 Outperform	―	―	―	0.29%	10.88%	29.03%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MURUDCERA	61 Neutral	₹2.57B	25.98	―	1.14%	7.12%	55.77%
KAKATCEM	54 Neutral	₹1.10B	―	―	2.00%	-41.81%	-1195.95%
REGENCERAM	44 Neutral	₹1.22B	39.41	―	―	539.31%	―
APCL	41 Neutral	₹3.64B	―	―	―	-22.32%	-46.02%
PRAKASHSTL	38 Underperform	₹922.25M	57.91	―	―	-18.48%	-95.69%

Murudeshwar Ceramics Limited Corporate Events

Murudeshwar Ceramics Reports Strong Shareholder Support at 42nd AGM

Murudeshwar Ceramics Limited held its 42nd Annual General Meeting on August 25, 2025, where key resolutions were passed with overwhelming support from shareholders. The resolutions included the adoption of financial statements, reappointment of directors, declaration of dividends, and approval of various company policies. The voting results, scrutinized by a practicing company secretary, showed high approval rates for all resolutions, indicating strong shareholder confidence in the company’s management and strategic direction.