MURUDCERA share price, P/E, ROE & financials

On 6 Nov 2026, Murudeshwar Ceramics was priced at ₹28.75, or 17.5× trailing earnings, against an industry P/E of 24.8×, and the shares are 31% below their 52-week high. Its ROCE of 4.9% is the lowest among the 7 largest Building Products & Equipment peers, and sales and net profit grew 6.0% and 19% a year over 3 years. Debt is 0.37× equity. It is a small-cap company with a market cap of ₹174 Cr, ranked 36th of 64 Building Products & Equipment companies by market cap; the shares fell 35% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹27.25
Day high: ₹28.95
Day low: ₹27.25
Prev. close: ₹28.27
Volume: 7.6K

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−34.5% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 17.5 vs industry 24.8.
GrowthSteady
Sales +6.0%, profit +19.5% a year over 3 years.
ProfitabilityWeak
ROCE 4.9% vs peer median 20.7%.
Balance sheetFair
Debt 0.37× equity, interest covered 2.4×, Piotroski 7 of 9.
Red flags3 to check
Return on equity is low at 3.0%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Building Products & Equipment

63 listed peers. Screen the industry

Small cap

₹174 Cr, #36 of 64 in its industry by size.

Defensive

Beta 0.36 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹209 Cr · profit ₹10 Cr

Market cap: ₹174 Cr; Small cap
P/E: 17.5; Industry 24.8
Price to book: 0.40; Peers 7.95
Dividend yield: 0.00%
ROE: 3.0%; Peers 18.7%
ROCE: 4.9%; Peers 20.7%
Debt to equity: 0.37; Debt ₹143 Cr
EPS (TTM): ₹1.64; Face value ₹10
OPM (TTM): 15.8%; Net margin 4.6%
Sales growth: +8.6%; Latest quarter vs a year ago
Profit growth: −58.1%; Latest quarter vs a year ago
Price to sales: 0.83; EV/EBITDA 9.6

Strengths

P/E of 17.5 against an industry P/E of 24.8.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 3.0%.
Quarterly profit down 58.1% on a year ago.
31% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Murudeshwar Ceramics

Murudeshwar Ceramics Ltd. manufactures and trades in ceramic and vitrified floor and wall tiles in India, the Americas, Europe, and internationally. The company offers wall tiles, such as bathroom, kitchen, and outdoor tiles; digital wall tiles; and floor tiles, including glazed and polished glazed vitrified, double charge, soluble salt, full body, and exterior tiles under the Naveen Ceramic Tiles and Naveen Diamontile brands. Murudeshwar Ceramics Ltd.…

Headquarters: Bengaluru
Employees: 321
Sector: Industrials
ISIN: INE692B01014
Website: naveentile.com

Price range

52 weeks

₹24.22₹41.86

Today

₹27.25₹28.95

Avg volume (3M): 16.1K
1-year return: minus 34.5%
From 52-week high: minus 31.3%

Peers · Building Products & Equipment

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
CPPLUSAditya Infotech	4,131.40	minus 0.94%	50,682	82.2	88.3	25.9%	14.5%	0.10	22.7%	plus 215.4%
SUPREMEINDSupreme Industries	3,156.90	minus 4.07%	40,118	35.5	25.0	19.6%	14.4%	0.01	6.8%	minus 15.4%
ASTRALAstral	1,253.60	minus 9.68%	33,678	59.3	31.1	17.6%	15.5%	0.08	8.4%	minus 5.4%
BLUESTARCOBlue Star	1,575.00	plus 0.19%	32,381	60.6	33.4	20.7%	6.6%	0.22	15.7%	minus 18.0%
GRINDWELLGrindwell Norton	1,919.10	minus 0.55%	21,248	46.0	34.1	21.0%	19.2%	0.02	6.6%	plus 16.8%
KAJARIACERKajaria Ceramics	1,180.70	minus 2.08%	18,554	31.1	21.0	21.0%	19.0%	0.13	3.3%	plus 3.3%
FINPIPEFinolex Industries	141.95	minus 1.95%	8,777	14.5	9.5	12.6%	17.5%	0.02	−2.4%	minus 23.1%
MURUDCERAMurudeshwar Ceramics	28.75	plus 1.70%	174	17.5	9.2	4.9%	15.8%	0.37	6.0%	minus 34.5%
Median of 7 peers	–	−1.95%	32,381	46.0	31.1	20.7%	15.5%	0.08	6.8%	−5.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
46.1	45.6	51.1	62.6	50.1
38.1	38.6	44.4	52.9	40.5
8.1	7	6.7	9.7	9.6
17.5%	15.4%	13.1%	15.5%	19.1%
0.1	2.3	4	3.1	0.1
2.9	2.8	2.7	4.1	3.4
3.4	3.4	3.4	4.9	3.9
1.9	3.2	4.7	3.9	2.4
–	–	–	62.5%	65.8%
1.9	3.2	4.1	1.6	0.8
0.32	0.53	0.68	0.30	0.13

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +6.0%
Profit CAGR 3Y: +19.5%
EPS CAGR 3Y: +19.4%
ROE: 3.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
172	186	202	205
–	+8.1%	+8.8%	+1.3%
141	152	164	169
30.8	34	38.8	36
17.9%	18.3%	19.2%	17.6%
−0.3	−0.8	−1.5	2.4
12.1	9.6	10.9	9.8
11.1	12	14.5	15
0	−0	0.1	0
7.4	11.5	11.9	13.7
10.4%	55.4%	16.9%	17.8%
6.6	5.1	9.9	11.3
–	minus 22.3%	+93.5%	+13.5%
1.07	0.88	1.59	1.82

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
57.7	60.5	60.5	60.5
296	305	312	320
131	123	119	158
55.6	59.7	78.8	77.7
541	548	570	616
374	371	386	413
78.5	10.6	37.7	24
–	–	–	11.5
0.5	1.2	0.7	1.5
88.1	166	146	166
541	548	570	616

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
42.7	31	28.7	12.8
−81.7	−5	−24.5	−32.5
34.7	−13.3	−16.2	23.2
−4.3	12.7	−11.9	3.6
−82.4	−9.6	−29.3	−42.5
−39.7	21.4	−0.7	−29.7
–	−2.9	−3	−3

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you