Orient Bell Limited
NSE: ORIENTBELL · Ceramics · sector
₹357.15NSE close 2026-10-26
Key numbers
Market cap₹524 cr
Price₹357.15
52w high / low₹442 / ₹247
P/E24.8xSector median 28.7x
P/B1.6xSector median 1.6x
Book value₹223.9
Dividend yield0.14%Sector median 0.81%
ROE6.5%Sector median 4.6%
ROCE8.6%Sector median 5.0%
OPM6.6%Sector median 7.3%
Debt / equity0.09xSector median 0.29x
EV/EBITDA9.9xSector median 12.0x
Interest cover9.3x
Current ratio1.68x
Sales growth 3y-0.7%Sector median +5.9%
Profit growth 3y-17.9%Sector median +4.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Ceramics (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹59 cr vs borrowings ₹30 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 9.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 16% of net profit in the last 12 months.
- Debtor days went from 71 (FY24) to 60 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹357.15 on 2026-10-26: -19.2% from the 52-week high, +44.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹420.10 · low ₹236.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 163 | 198 | 143 | 165 | 169 | 215 | 204 |
| EBITDA | 8 | 7 | 9 | 5 | 9 | 10 | 14 | 17 |
| OPM % | 4.7% | 4.6% | 4.3% | 3.5% | 5.6% | 6.1% | 6.4% | 8.1% |
| Other income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net profit | 1 | 1 | 3 | -0 | 3 | 3 | 6 | 8 |
| EPS (₹) | 0.67 | 0.66 | 1.88 | -0.26 | 2.17 | 2.31 | 4.24 | 5.66 |
| Revenue YoY | +3.0% | +3.6% | +8.3% | +42.6% | ||||
| Profit YoY | +228.9% | +249.5% | +126.2% | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 654 | 705 | 674 | 667 | 691 | 752 |
| EBITDA | 56 | 47 | 21 | 25 | 38 | 50 |
| Net profit | 32 | 22 | 1 | 3 | 12 | 21 |
| EPS (₹) | 22.36 | 15.56 | 0.63 | 1.94 | 8.46 | 14.38 |
| Revenue growth | +7.8% | -4.3% | -1.2% | +3.7% | +13.2% | |
| Profit growth | -30.2% | -96.0% | +212.1% | +337.7% | +390.0% | |
| Dividend / share (₹) | 0.50 | 1.00 | 1.00 | 0.50 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.6% | +6.6% | +13.2% |
| Net profit | -17.9% | +10.1% | +390.0% |
| EPS | -18.4% | +9.6% | – |
| Share price | – | +6.1% (2y) | +24.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 310 | 313 | 316 | 329 |
| Borrowings | – | 2 | 41 | 44 | 30 |
| Cash & equivalents | – | 3 | 13 | 34 | 59 |
| Total assets | – | 481 | 554 | 529 | 524 |
| Fixed assets | – | 245 | 293 | 277 | 260 |
| Capital work in progress | – | 3 | 0 | 1 | 0 |
| Investments | – | 0 | 0 | 13 | 2 |
| Receivables | – | 111 | 131 | 131 | 113 |
| Inventory | – | 86 | 89 | 62 | 65 |
| Payables | – | 115 | 149 | 111 | 106 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 56 | 34 | 40 | 33 | 48 |
| Cash from investing | -25 | -21 | -63 | -8 | -52 |
| Cash from financing | -29 | -13 | 33 | -5 | -20 |
| Capex | 28 | 60 | 64 | 6 | 6 |
| Free cash flow | 28 | -26 | -25 | 27 | 42 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.2% | 0.3% | 0.9% | 3.8% |
| ROCE % | – | 10.1% | 0.6% | 2.3% | 5.3% |
| Debtor days | – | 58 | 71 | 72 | 60 |
| Inventory days | – | 114 | 110 | 71 | 78 |
| Payable days | – | 153 | 184 | 129 | 127 |
| Cash conversion cycle (days) | – | 19 | -3 | 14 | 11 |
| Working capital days | – | 39 | 41 | 46 | 52 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.74% |
| FIIs | 0.31% |
| DIIs | 0.21% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.02% |
| Public (non-institutions) | 33.74% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.11% | 65.34% | 65.42% | 65.61% | 65.56% | 65.92% | 65.92% | 65.74% |
| Promoter group | % |
|---|---|
| Mahendra Kumar Daga | 21.23% |
| Good Team Investment and Trading Co PVT Ltd | 16.69% |
| Sarla Daga | 15.51% |
| Freesia Investment and Trading Company Limited | 4.23% |
| Mahendra Kumar Daga (HUF) | 3.22% |
| Madhur Daga | 2.28% |
| Roma Monisha Sakraney Daga | 0.85% |
| Alfa Mercantile Ltd. | 0.79% |
| Morning Glory Leasing and Finance Limited | 0.61% |
| Iris Designs Private Limited | 0.32% |
| Public holders above 1% | % |
|---|---|
| Equity Intelligence India Private Limited | 3.82% |
| Vijaya S | 2.50% |
| Updesh Kumar Kaushal | 1.47% |
14,491 shareholders. Pledged: 0.00% of promoter shares.
Peers in Ceramics
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| KAJARIACER | ₹17,816 cr | 32.6x | 5.8x | 18.8% | 24.5% | 17.7% | +3.3% | 1.07% |
| VARMORA | ₹2,780 cr | – | 2.4x | – | – | – | – | – |
| SOMANYCERA | ₹2,272 cr | 21.4x | 2.7x | 13.2% | 17.7% | 9.9% | +4.0% | 0.54% |
| NITCO | ₹1,642 cr | – | 4.5x | -9.4% | -2.8% | -7.3% | +12.2% | – |
| ASIANTILES | ₹1,368 cr | 60.7x | 0.9x | 0.9% | 2.2% | 4.7% | +5.9% | – |
| ORIENTBELL | ₹524 cr | 24.8x | 1.6x | 6.5% | 8.6% | 6.6% | -0.7% | 0.14% |
| EXXARO | ₹280 cr | 69.5x | 1.0x | 1.5% | 4.7% | 7.9% | -1.3% | – |
| MURUDCERA | ₹151 cr | 15.4x | 0.4x | 2.6% | 5.2% | 15.8% | +6.0% | 2.00% |
| MCPL | ₹93 cr | 7.2x | 0.8x | 11.3% | 20.1% | 12.1% | – | – |
| RESTILE | ₹83 cr | 76.5x | – | – | -2.1% | 4.2% | +41.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-24 | Dividend | Dividend - Re 1 Per Share |
| 2025-07-21 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2024-07-30 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2023-07-18 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-07-13 | Dividend | Annual General Meeting/Dividend - Rs 1 Per Share |
| 2021-07-16 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2020-08-05 | Other | Annual General Meeting |
| 2019-07-16 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2017-09-13 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2016-09-06 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2015-09-23 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2014-09-19 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2013-09-18 | Dividend | Annual General Meeting / Dividend - Rs 1.50/- Per Share |
| 2012-09-18 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
| 2011-08-24 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2010-08-20 | Dividend | Annual General Meeting And Dividend Rs.2/- Per Share |
| 2009-09-10 | Other | Agm/Div-Rs.1.50 Per Share |
| 2008-09-05 | Dividend | Agm/Dividend - 5% |
| 2007-09-10 | Dividend | Agm/Dividend-10% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Ceramics |
| Sub-industry | Ceramics |
| Symbol | ORIENTBELL |
| BSE code | 530365 |
| ISIN | INE607D01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.