Market cap
₹33 Cr
Revenue (TTM)
₹41 Cr
P/E Ratio
18.5
P/B Ratio
1.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -1.99 | -29.26 | -11.24 | -9.15 | 4.06 |
| EBIT | 214.41 | -36.20 | 33.44 | -20.84 | -7.33 |
| Net Profit | 310.73 | -44.71 | 2.01 | -14.23 | -14.61 |
| EPS | 314.66 | -43.68 | 2.45 | -15.52 | -13.51 |
| Book Value | -- | -- | 10.00 | -0.27 | 11.60 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 6.62 | 8.84 | 4.93 | 5.53 | 3.44 |
| Net Margin
| 5.06 | 8.02 | 4.28 | 4.98 | 2.07 |
| Return on equity
| 10.29 | 15.29 | 6.79 | 9.69 | 3.47 |
| Return on Capital
| 13.57 | 15.74 | -- | 13.79 | 6.56 |
| Return on Assets
| 5.92 | 9.15 | 4.15 | 4.63 | 1.81 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.06 | 0.33 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
13.79
|
6.56
|
20.36
|
19.48
|
|
Peer Median
|
--
|
26.88
|
17.45
|
--
|
10.79
|
ROE
6.79
Lower than Peers by 10.39
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
6.79
|
9.69
|
3.47
|
17.72
|
19.40
|
|
Peer Median
|
17.18
|
21.06
|
12.85
|
--
|
8.16
|
ROA
4.15
Lower than Peers by 2.64
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
4.15
|
4.63
|
1.81
|
11.31
|
12.84
|
|
Peer Median
|
6.79
|
16.14
|
6.71
|
--
|
5.64
|
EBIT Margin
4.93
Lower than Peers by 2.10
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
4.93
|
5.53
|
3.44
|
10.88
|
13.26
|
|
Peer Median
|
7.03
|
17.67
|
10.90
|
--
|
7.88
|
Net Margin
4.28
Lower than Peers by 1.60
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
4.28
|
4.98
|
2.07
|
8.11
|
10.79
|
|
Peer Median
|
5.88
|
14.86
|
7.28
|
--
|
6.20
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
13.29
|
10.89
|
11.01
|
13.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-11.24
Lower than Peers by 18.34
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
-11.24
|
3.43
|
-27.32
|
45.41
|
22.80
|
|
Peer Median
|
7.09
|
16.35
|
2.54
|
--
|
20.78
|
EBIT Growth
33.44
Higher than Peers by 34.41
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
33.44
|
66.33
|
-77.00
|
19.28
|
46.55
|
|
Peer Median
|
-0.96
|
0.17
|
-10.16
|
--
|
-3.56
|
Net Profit Growth
2.01
Higher than Peers by 4.31
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
2.01
|
152.04
|
-81.28
|
9.33
|
-7.80
|
|
Peer Median
|
-2.30
|
-0.17
|
-9.15
|
--
|
22.55
|
EPS Growth
2.45
Higher than Peers by 24.85
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
2.45
|
152.04
|
-81.28
|
9.33
|
3.03
|
|
Peer Median
|
-22.40
|
-16.66
|
-17.30
|
--
|
1,254.17
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
10.00
|
-24.49
|
19.44
|
20.07
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
0.06
|
0.33
|
0.21
|
0.12
|
|
Peer Median
|
--
|
0.04
|
0.03
|
--
|
0.03
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
0.06
|
0.33
|
0.21
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.39
Lower than Peers by 0.95
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
1.39
|
1.01
|
0.83
|
1.23
|
2.22
|
|
Peer Median
|
2.34
|
2.18
|
1.73
|
--
|
2.93
|
Quick Ratio
0.69
Lower than Peers by 0.82
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
0.69
|
0.54
|
0.54
|
0.56
|
0.80
|
|
Peer Median
|
1.51
|
2.54
|
1.80
|
--
|
2.31
|
Interest Coverage
15.87
Higher than Peers by 4.31
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
15.87
|
9.48
|
5.19
|
13.17
|
46.17
|
|
Peer Median
|
11.56
|
65.10
|
7.52
|
--
|
41.44
|
Operating Efficiency
Debtors to sales
7.99
Lower than Peers by 15.00
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
7.99
|
11.83
|
14.92
|
10.68
|
8.02
|
|
Peer Median
|
22.99
|
22.99
|
24.31
|
--
|
27.58
|
Asset Turnover
0.96
Lower than Peers by 0.04
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
0.96
|
0.90
|
0.86
|
1.38
|
1.18
|
|
Peer Median
|
1.00
|
1.05
|
0.99
|
--
|
1.05
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
47.92
|
54.04
|
29.55
|
52.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
72.44
|
82.17
|
71.74
|
96.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
79.52
|
90.27
|
51.78
|
66.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
40.84
|
45.94
|
49.51
|
81.75
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
18.47
Lower than Peers by 19.47
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
18.47
|
21.10
|
168.11
|
0.63
|
--
|
|
Peer Median
|
37.94
|
42.90
|
33.92
|
--
|
39.40
|
Price / Book Value
1.26
Lower than Peers by 0.05
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
1.26
|
1.95
|
6.78
|
0.10
|
--
|
|
Peer Median
|
1.30
|
5.61
|
2.74
|
--
|
3.76
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.06
|
0.33
|
0.04
|
--
|
0.30
|
EV/EBITDA
6.24
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
6.24
|
6.10
|
25.70
|
1.27
|
0.94
|
|
Peer Median
|
--
|
29.38
|
29.13
|
--
|
19.13
|
Market Cap
33
Lower than Peers by 1,521
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Associated Ceramic
|
33
|
46
|
144
|
3
|
--
|
|
Peer Median
|
1,554
|
1,238
|
474
|
--
|
739
|