Associated Ceramic Peer Comparison

BSE: 531168

₹164.00

₹6.00 (3.80%)

As on 16-Oct-2026IST

Market cap

₹34 Cr

Revenue (TTM)

₹41 Cr

P/E Ratio

19.1

P/B Ratio

1.3

Div. Yield

0 %

Edit

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Market cap (₹ Cr)	34	8,351	8,335	1,317	1,060
Revenue (₹ Cr)	41	2,134	315	1,953	178
Net Profit (₹ Cr)	1.76	256.13	70.49	40.95	23.24
Net Margin (%)	4.28	11.68	22.18	2.09	12.39
RoE (%)	6.79	15.01	26.80	3.91	23.64
Price to Earnings	19.05	32.60	118.24	32.16	45.60
Price-To-Book	1.29	4.78	29.60	1.10	7.04

Income Statement (₹ Cr)

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Operating Revenue	40.65	2,133.83	314.77	1,952.61	178.05
Total Income	41.08	2,193.71	317.84	1,962.11	187.55
Total Expenditure	35.73	1,777.58	220.81	1,815.61	123.18
EBITDA	4.92	356.25	93.96	137.00	54.87
Depreciation	2.91	69.06	7.07	74.03	11.44
EBIT	2.00	287.19	86.89	62.97	43.44
Interest	0.15	1.23	0.65	14.13	0.18
Other Income	0.43	59.88	3.07	9.50	9.50
Exceptional Items	0.01	0.00	0.00	-5.23	-19.82
Profit before Tax	2.29	345.84	89.32	53.11	32.93
Provision for Tax	0.53	89.71	18.83	12.16	9.69
Profit after Tax	1.76	256.13	70.49	40.95	23.24

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Shareholder's Funds	25.73	1,748.74	281.58	1,174.91	140.16
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	1.31	44.09	8.77	75.31	0.82
Current Liabilities	12.18	421.99	38.60	422.73	28.04
Total Liabilities	45.66	2,707.30	231.21	1,762.52	170.30

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Non-Current Assets	22.31	602.56	111.37	623.30	70.73
Current Assets	16.91	1,486.77	198.66	988.68	91.29
Total Assets	45.66	2,707.30	231.21	1,762.52	170.30
Total Debt*	1.50	0.00	7.08	202.35	0.00
Net Current Assets	4.74	1,064.78	160.06	565.95	63.25
Contingent Liabilities	0.08	43.71	0.09	11.68	0.35

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Cash From Operating Activities	5.56	177.46	38.68	28.28	25.29
Cash Flow from Investing Activities	1.80	-17.58	-29.85	-37.16	-29.45
Cash from Financing Activities	-5.87	-30.17	-4.60	-3.84	-24.07
Net Cash Inflow / Outflow	1.49	129.71	4.23	-12.72	-28.23

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
ROCE (%)	13.79	23.15	26.43	5.84	30.42
ROE (%)	6.79	15.01	26.80	3.91	23.64
ROA (%)	4.15	12.13	24.07	2.49	13.70
EBIT Margin (%)	4.93	13.46	27.60	3.22	24.39
Net Margin (%)	4.28	11.68	22.18	2.09	12.39
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Revenue Growth (%)	-11.24	8.91	38.23	15.37	2.43
EBIT Growth (%)	33.44	1.47	53.76	44.23	49.20
Net Profit Growth (%)	2.44	2.17	55.04	40.53	-8.57
EPS Growth (%)	2.01	-86.80	55.01	-4.65	28.18
Book Value Growth (%)	10.00	16.28	22.12	3.26	2.69

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Price / Earnings	19.13	32.60	118.23	29.09	32.52
Price / Book Value	1.29	4.78	29.60	1.10	7.04
Dividend Yield (%)	0.00	0.36	0.06	1.18	0.66
EV/EBITDA	6.38	21.81	88.24	10.16	18.63
Market Cap (₹ Cr)	45.55	9,764.30	2,406.82	1,263.41	687.90

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Debt to Equity	0.00	0.00	0.01	0.03	0.00
Short term debt to equity ratio	0.06	--	--	0.13	--
Current Ratio	1.39	3.52	5.15	2.34	3.26
Quick Ratio	0.69	2.76	3.38	1.37	2.49
Interest Coverage	15.87	282.17	139.05	4.76	179.97

	Associated Ceramic	Vesuvius India	Raghav Enhancers	IFGL Refractories	Morganite Crucible
Debtors to sales (%)	7.99	24.39	24.87	21.77	14.29
Asset Turnover	0.96	1.01	1.07	1.19	1.05
Receivable days	47.92	75.37	83.11	75.56	60.64
Inventory Days	72.44	47.09	56.88	77.88	39.88
Payable days	79.52	102.85	98.72	91.59	143.14
Cash Conversion Cycle	40.84	19.62	41.27	61.85	-42.62

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.