ORIENT CERATECH LIMITED

About

Orient Ceratech Limited engages in the producing and trading of aluminum refractories and monolithic products in India. The company operates through Alumina Refactories & Monolithics Products & Bauxite Ores; and Power Generation segments. It offers various aluminous products, including White Fused Alumina, Dense White Fused Alumina, Brown Fused Alumina, White Fused Mullite, Fused Zirconia Mullite, Calcined Bauxite, Chamotte, and Mullite. In addition, the company provides conventional, low cement, ultra-low cement, refractory mortars, special, insulating, chrome base, zircon base, and delta castables, as well as neutral ramming mass (NRM), an alumina-based solution; ceramic and silica proppants; foundry sands and coatings; and synthetic aggregates. Further, it generates electricity through thermal power plant, furnace oil-based power plant, and windmills for state power distribution companies, as well as operates mines for bauxite ores located in Gujarat. It also exports its products. The company was formerly known as Orient Abrasives Limited and changed its name to Orient Ceratech Limited in May 2023. Orient Ceratech Limited was incorporated in 1971 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap522 Cr

P/E15.50

Div Yield0.80 %

Book Value₹25.30

52w High₹56.60

52w Low₹33.00

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	100.65	97.07	93.35	113.55	96.25	84.57	74.12	70.33	98.09	82.61	75.05	82.89	72.81
Expenses	84.43	85.65	81.72	100.84	88.45	75.39	67.87	63.24	89.77	74.67	66.91	71.80	65.98
Operating Profit	16.22	11.42	11.63	12.71	7.80	9.18	6.25	7.09	8.32	7.94	8.14	11.09	6.83
OPM %	16.12	11.76	12.46	11.19	8.10	10.85	8.43	10.08	8.48	9.61	10.85	13.38	9.38
Other Income	-0.25	1.03	-0.67	1.80	1.74	0.92	1.38	0.83	0.72	1.29	3.01	0.05	2.74
Depreciation	3.21	3.15	3.84	3.49	2.78	3.54	3.61	3.64	3.60	3.26	3.82	3.39	3.06
Interest	1.33	1.22	1.23	1.21	1.45	1.98	1.87	1.69	1.55	1.18	0.53	0.80	0.72
Profit before tax	11.43	8.08	5.89	9.81	5.31	4.58	2.15	2.59	3.89	4.79	6.80	6.95	5.79
Tax %	24.93	30.07	25.13	23.65	19.21	24.24	20.47	28.57	25.19	10.65	22.79	24.46	26.94
Net Profit	8.57	5.66	4.41	7.49	4.30	3.47	1.70	1.85	2.91	4.29	5.25	5.25	4.23
EPS in Rs	0.72	0.47	0.37	0.63	0.36	0.29	0.14	0.15	0.24	0.36	0.44	0.44	0.35

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2011
Sales	397.00	327.00	313.00	302.00	268.00	366.00
Expenses	355.00	295.00	278.00	276.00	250.00	290.00
Operating Profit	42.00	32.00	35.00	26.00	18.00	76.00
OPM %	11.00	10.00	11.00	9.00	7.00	21.00
Other Income	4.00	4.00	7.00	8.00	5.00	4.00
Interest	5.00	8.00	4.00	4.00	3.00	8.00
Depreciation	12.00	14.00	14.00	12.00	11.00	13.00
Profit before tax	29.00	13.00	24.00	18.00	9.00	59.00
Tax %	26.00	25.00	22.00	21.00	21.00	21.00
Net Profit	22.00	10.00	19.00	14.00	7.00	47.00
EPS in Rs	1.83	0.83	1.59	1.19	0.57	3.91
Dividend Payout %	19.00	30.00	16.00	21.00	26.00	26.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2011
Equity Capital	12.00	12.00	12.00	12.00	12.00	12.00
Reserves	290.00	271.00	264.00	248.00	236.00	172.00
Borrowings	40.00	72.00	58.00	15.00	38.00	92.00
Other Liabilities	74.00	63.00	73.00	52.00	56.00	59.00
Total Liabilities	416.00	418.00	406.00	327.00	341.00	335.00
Fixed Assets	152.00	150.00	160.00	149.00	147.00	140.00
CWIP	9.00	26.00	5.00	2.00	1.00	16.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	255.00	242.00	241.00	176.00	193.00	178.00
Total Assets	416.00	418.00	406.00	327.00	341.00	335.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2011
Cash from Operating Activity	51.00	21.00	-14.00	44.00	32.00	43.00
Cash from Investing Activity	-8.00	-23.00	-24.00	-13.00	-34.00	-37.00
Cash from Financing Activity	-40.00	4.00	37.00	-28.00	2.00	-5.00
Net Cash Flow	3.00	1.00	-2.00	2.00	0.00	1.00
Free Cash Flow	43.00	-4.00	-37.00	29.00	-6.00	6.00
CFO/OP %	138.00	83.00	-27.00	183.00	191.00	74.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2011
Debtor Days	71.00	86.00	92.00	88.00	102.00	71.00
Inventory Days	259.00	387.00	345.00	142.00	160.00	213.00
Days Payable	102.00	139.00	159.00	63.00	80.00	104.00
Cash Conversion Cycle	227.00	334.00	277.00	167.00	183.00	180.00
Working Capital Days	146.00	162.00	143.00	143.00	142.00	126.00
ROCE %	11.00	6.00	8.00	8.00	—	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	63.90	63.90	63.90	63.58	63.58	63.58	63.58	63.58	63.58	63.58	63.58	63.58
FIIs	13.32	13.32	13.36	13.32	13.23	13.23	13.23	13.23	13.23	13.25	13.30	13.23
Public	22.78	22.78	22.74	23.10	23.20	23.18	23.19	23.19	23.19	23.18	23.12	23.18
No. of Shareholders	26,226	26,722	27,084	27,267	27,204	27,427	27,774	27,312	26,922	27,609	25,365	23,794

Corporate Actions

28 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	16 Sep 2025	16 Sep 2025	—	0.25
Dividend	23 Sep 2024	23 Sep 2024	—	0.25
Other	23 Sep 2024	—	—	—	Annual General Meeting
Dividend	18 Sep 2023	18 Sep 2023	—	0.25
Other	18 Sep 2023	—	—	—	Annual General Meeting
Dividend	16 Sep 2022	—	—	0.15
Dividend	15 Sep 2021	16 Sep 2021	—	0.15
Other	15 Sep 2021	—	—	—	Annual General Meeting
Dividend	25 Nov 2020	26 Nov 2020	—	0.15
Other	25 Nov 2020	—	—	—	Annual General Meeting
Dividend	19 Sep 2019	—	—	0.25
Dividend	18 Sep 2018	—	—	0.25
Dividend	07 Sep 2017	09 Sep 2017	—	0.25
Other	07 Sep 2017	—	—	—	Annual General Meeting
Dividend	16 Sep 2016	—	—	0.25
Dividend	21 Sep 2015	—	—	0.25
Dividend	15 Sep 2014	—	—	0.20
Dividend	09 Jul 2013	—	—	0.35
Dividend	13 Sep 2012	—	—	0.20
Other	11 Nov 2011	14 Nov 2011	—	—	Scheme of Arrangement
Other	15 Sep 2011	—	—	—	Annual General Meeting
Dividend	14 Mar 2011	15 Mar 2011	—	1.00
Dividend	16 Jul 2010	—	—	1.00
Bonus	12 Aug 2009	13 Aug 2009	1:1	—
Dividend	30 Jun 2009	—	—	1.30
Dividend	07 Jul 2008	—	—	0.90
Dividend	06 Jul 2007	—	—	0.70
Dividend	20 Jun 2006	—	—	0.70