As of 6 Nov 2026, Orient Bell trades at 25.5× trailing earnings, above the industry P/E of 24.8×, and the shares are 18% below their 52-week high. Its ROCE of 5.2% is the lowest among the 7 largest Building Products & Equipment peers, and sales and net profit fell 0.6% and 18% a year over 3 years. It has almost no debt, and its dividend yield is 0.3%. It is a small-cap company with a market cap of ₹538 Cr, ranked 22nd of 64 Building Products & Equipment companies by market cap; the shares rose 26% over the past year.
- ₹373.45
- ₹373.45
- ₹359.10
- ₹373.45
- 10K
Health check
- ReturnsAhead
+26.3% over a year, better than 6 of 7 peers.
- Price tagIn line
P/E 25.5 vs industry 24.8.
- GrowthShrinking
Sales −0.6%, profit −17.9% a year over 3 years.
- ProfitabilityWeak
ROCE 5.2% vs peer median 20.7%.
- Balance sheetSolid
Debt 0.09× equity, interest covered 5.8×, Piotroski 8 of 9.
- Red flags1 to check
Return on equity is low at 3.9%.
Small cap
Defensive
Key metrics
- Market cap
- ₹538 Cr
- Small cap
- P/E
- 25.5
- Industry 24.8
- Price to book
- 1.63
- Peers 7.95
- Dividend yield
- 0.27%
- ROE
- 3.9%
- Peers 18.7%
- ROCE
- 5.2%
- Peers 20.7%
- Debt to equity
- 0.09
- Debt ₹31 Cr
- EPS (TTM)
- ₹14.31
- Face value ₹10
- OPM (TTM)
- 6.8%
- Net margin 2.8%
- Sales growth
- +42.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.71
- EV/EBITDA 9.8
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 42.8% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.9%.
About Orient Bell
Orient Bell Limited manufactures, trades in, and sells ceramic, wall, and floor tiles in India and internationally. The company also offers bathroom, kitchen, room, marble, vitrified, flexi, and subway tiles. It sells its products through channel partners. The company was incorporated in 1977 and is headquartered in New Delhi, India.
- Headquarters
- New Delhi
- Employees
- 781
- Sector
- Industrials
- ISIN
- INE607D01018
- Website
- orientbell.com
Price range
- Avg volume (3M)
- 37.6K
- 1-year return
- plus 26.3%
- From 52-week high
- minus 17.5%
Peers · Building Products & Equipment
| 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% |
| ORIENTBELLOrient Bell | 364.45 | minus 2.41% | 538 | 25.5 | 14.1 | 5.2% | 6.8% | 0.09 | −0.6% | plus 26.3% |
| Median of 7 peers | – | −1.95% | 32,381 | 46.0 | 31.1 | 20.7% | 15.5% | 0.08 | 6.8% | −5.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 142 | 164 | 167 | 213 | 203 | |
| 137 | 155 | 157 | 198 | 186 | |
| 5 | 9.3 | 10.3 | 15 | 16.6 | |
| 3.5% | 5.7% | 6.1% | 7.0% | 8.2% | |
| 0.9 | 1 | 0.8 | 1.5 | 0.8 | |
| 1 | 1 | 0.9 | 0.7 | 0.7 | |
| 5.4 | 5.4 | 5.4 | 6.1 | 5.5 | |
| – | – | – | −1.3 | – | |
| −0.6 | 3.9 | 4.7 | 8.4 | 11.2 | |
| 34.8% | 17.3% | 28.1% | 25.6% | 25.4% | |
| −0.4 | 3.2 | 3.4 | 6.2 | 8.3 | |
| -0.25 | 2.16 | 2.30 | 4.22 | 5.63 |
Profit & loss
- Sales CAGR 3Y
- −0.6%
- Profit CAGR 3Y
- −17.9%
- EPS CAGR 3Y
- −18.0%
- ROE
- 3.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 700 | 669 | 667 | 687 | |
| – | minus 4.3% | minus 0.4% | +3.1% | |
| 656 | 651 | 640 | 650 | |
| 43.7 | 18.4 | 26.5 | 37.5 | |
| 6.3% | 2.7% | 4.0% | 5.5% | |
| 1.4 | 1.7 | 0.3 | 2.6 | |
| 1.9 | 1.8 | 4.4 | 3.4 | |
| 21.1 | 21.4 | 22.5 | 22.3 | |
| 7.7 | 4.3 | 3.9 | 2 | |
| 29.9 | 1.1 | 3.8 | 16.4 | |
| 24.7% | 19.3% | 24.7% | 24.0% | |
| 22.5 | 0.9 | 2.8 | 12.4 | |
| – | minus 95.9% | +211.6% | +337.0% | |
| 15.29 | 0.62 | 1.93 | 8.43 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 14.5 | 14.6 | 14.7 | 14.7 | |
| 296 | 298 | 301 | 314 | |
| 8.7 | 45.3 | 45.9 | 31.2 | |
| 162 | 196 | 167 | 164 | |
| 481 | 554 | 529 | 524 | |
| 253 | 296 | 279 | 262 | |
| 2.8 | 0.1 | 0.9 | 0.4 | |
| 13 | – | 2.5 | 2.5 | |
| 3.2 | 13.3 | 34.3 | 39.6 | |
| 209 | 244 | 213 | 219 | |
| 481 | 554 | 529 | 524 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 34.4 | 39.7 | 33.7 | 47.7 | |
| −21 | −63 | −7.9 | −51.9 | |
| −13.4 | 33.4 | −4.7 | −19.8 | |
| −0 | 10.1 | 21.1 | −24 | |
| −60.3 | −64.2 | −6.5 | −5.5 | |
| −25.9 | −24.5 | 27.2 | 42.2 | |
| −1.4 | −1.4 | −0.7 | −0.7 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 4.7% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.