Euro Ceremics share price

BSE: 532823Consumer Durables

Euro Ceremics Ltd · Face value ₹10 · Listed Mar 2007

Trading suspended since 28 May 2024

Last traded ₹1.11 on 15 Apr 2021

Latest announcements

Routine notices left out.

  1. Mar 2026

  2. Mar 2021

  3. Dec 2020

  4. Jul 2020

    • 25 Jul · Shareholding for the Period Ended June 30, 2020

      Shareholding Pattern for the Period Ended June 30, 2020. For more details, kindly Click ....

Share price history

Daily closes since Mar 2007, BSE closes Mar 2007 to Jul 2010, in Aug 2011, in Sep 2011, in Sep 2011, in Sep 2011, in Oct 2011, in Oct 2011, in Nov 2011, in Dec 2011, in Dec 2011, in Jan 2012, in Jan 2012, in Jan 2012, in Jan 2012, in Feb 2012, in Feb 2012, in Mar 2012, in Mar 2012, in Mar 2012, in Mar 2012, in Mar 2012, in Apr 2012, in Apr 2012, in Apr 2012, in Apr 2012, in Apr 2012, in May 2012, in May 2012, in May 2012, in May 2012, in May 2012, in May 2012, in Jun 2012, in Jun 2012, in Jun 2012, in Jun 2012, in Jul 2012, in Jul 2012, in Aug 2012, in Sep 2012, in Sep 2012, in Nov 2012, in Dec 2012, in Dec 2012, in Dec 2012, in Jan 2013, Apr 2013 to Aug 2013, Aug 2013 to Sep 2013, in Oct 2013, Oct 2013 to Nov 2013, in Nov 2013, Dec 2013 to Jan 2014, in Jan 2014, in Jan 2014, Jan 2014 to Feb 2014, in Feb 2014, in Feb 2014, in Feb 2014, in Feb 2014, in Feb 2014, in Apr 2014, in Apr 2014, in Jun 2014, in Jul 2014, Jul 2014 to Aug 2014, in Aug 2014, in Sep 2014, in Oct 2014, in Oct 2014, in Oct 2014, in Oct 2014, in Dec 2014, in Jan 2015, in Apr 2015, in Apr 2015, in May 2015, in May 2015, in May 2015, in Sep 2015, in Feb 2019, in Apr 2019, in Jun 2019, in Jul 2020, in Oct 2020, in Dec 2020 and in Apr 2021, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the quarter to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹5.09 Cr+27.0% on a year ago · −43.0% on the quarter before
Operating profit
−₹7.43 Cr
Net profit
−₹401 Cr
Earnings per share
−₹237.66
Operating margin
−146.1%
Net margin
−7,881.2%

From revenue to net profit, ₹ crore

  1. Revenue5.1
  2. Materials and goods−9.5
  3. Employee costs−0.7
  4. Other expenses−2.3
  5. Operating profit−7.4
  6. Depreciation−4.8
  7. Other income−6.8
  8. One-off items−382
  9. Finance costs−0.1
  10. Profit before tax−401
  11. Tax−0.1
  12. Net profit−401

Euro Ceremics results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2019. Results for the quarter to Jun 2019 were due by 14 Aug 2019, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
12−6.7Jun 1613−6.2Sep 1614−6.2Dec 163.971Mar 178.9−6.8Jun 172.4−4.9Sep 174.1−0.7Dec 174.0−17Mar 182.9−6.7Jun 184.61.3Sep 188.9−8.2Dec 185.1−401Mar 19
A loss in 10 of the 12 quarters shown

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
1,834.7%−7,881.2%1.6%3.1%1.7%−20.2%−19.8%6.1%−47.6%−242.8%−105.0%−168.8%−42.4%−146.1%−54.6%−46.8%−45.5%1,834.7%−76.5%−204.7%−16.1%−416.0%−228.4%28.1%−91.3%−7,881.2%Jun 16Dec 16Jun 17Dec 17Jun 18Dec 18Mar 19
₹ croreJun 2014Sep 2014Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019
Revenue from operations11101018151010–121314492443595
1110111814910–12131351126146121313
Materials and goods bought55611637–9562812115101010
Employee costs–––––––––––––––11111
Other expenses–––––––––––––––11122
Operating profit before depreciation0000101–000−1−20−2−10−3−8−4−7
Operating margin−0.2%1.4%−1.5%2.1%5.0%0.5%6.4%–1.6%3.1%1.7%−20.2%−19.8%6.1%−47.6%−242.8%−105.0%−168.8%−42.4%−146.1%
Depreciation and amortisation101010−1777–777555555555
Other income0002000–00010001191−7
Finance costs0000000–000000001000
Profit before one-off items and tax−10−10−104−6−7−6–−7−6−6−4−7−5−7−14−8−4−8−19
One-off items–−34–−1–––––––50––62150−382
Profit before tax−10−44−102−6−7−6–−7−6−646−7−5−1−11−71−8−401
–––––––––––––––50000
Tax rate–––––––––––––––––0.0%––
Net profit−10−44−102−6−7−6–−7−6−671−7−5−1−17−71−8−401
Other comprehensive income––––––––––––––––0000
Total comprehensive income––––––––––––––––−71−8−401
Net margin−92.0%−429.5%−96.2%11.6%−42.1%−69.1%−58.8%–−54.6%−46.8%−45.5%1,834.7%−76.5%−204.7%−16.1%−416.0%−228.4%28.1%−91.3%−7,881.2%
Earnings per share−₹2.95−₹13.08––––––−₹1.97−₹1.85−₹1.84₹21.13−₹2.01−₹1.46−₹0.19−₹4.94–₹0.38–−₹237.66
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the quarter to Mar 2016.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2017, the company's revenue for the year to Mar 2017, ₹11 Cr, differs from its quarters added, ₹43 Cr.

The quarter to Jun 2018 was restated in the company's filing of 23 Nov 2018. The table shows the restated figures.

Segment results by quarter

Standalone, ₹ crore, quarters to Mar 2019.

  • Tiles

    Revenue, ₹ crore
    Profit, ₹ crore
  • Realty

    Revenue, ₹ crore
    Profit, ₹ crore
  • Sanitaryware

    Revenue, ₹ crore
    Profit, ₹ crore
  • Aluminium Sections

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreJun 2018Sep 2018Dec 2018Mar 2019
Revenue of all businesses3495
Company revenue, as in its results3595
Revenue3455
Profit−7−12−9−9
Margin−280.2%−273.2%−185.2%−191.9%
Assets165154145136
Liabilities127119118104
Capital employed39352732
Revenue0040
Revenue0000
00–0
––0–
Profit is before tax and finance costs, the way companies report their segments.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
203−40Mar 10241−60Mar 11176−93Mar 1289−107Mar 1377−35Mar 1450−62Mar 1556−12Mar 161152Mar 1720−29Mar 1822−41524Mar 19
A loss in 9 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
488.1%−1,925.4%13.9%11.0%−11.8%−31.4%−13.7%0.6%−2.6%−116.8%−65.4%−105.3%−19.4%−24.7%−52.8%−120.8%−45.7%−124.8%−21.9%488.1%−143.0%−1,925.4%Mar 10Mar 12Mar 14Mar 16Mar 18Mar 19

The years either side of a change of basis do not compare. From the year to Mar 2012, the company's revenue for that year, ₹176 Cr, differs from its quarters added, ₹179 Cr. From the year to Mar 2017, the company's revenue for that year, ₹11 Cr, differs from its quarters added, ₹43 Cr.

Results for the year to Mar 2019

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue22
  2. Materials and goods−35
  3. Employee costs−3.1
  4. Other expenses−6.4
  5. Operating profit−23
  6. Depreciation−19
  7. Other income+3.9
  8. One-off items−376
  9. Finance costs−0.4
  10. Profit before tax−414
  11. Tax−0.1
  12. Net profit−415

What the company owns

  • Plant, investments and other assets₹155 Cr
  • Inventory₹5 Cr
  • Receivables₹3 Cr
  • Cash and bank₹1 Cr

What pays for it: net worth and liabilities

  • Other liabilities₹128 Cr
  • Borrowings₹24 Cr
  • Owed to suppliers₹12 Cr

Euro Ceremics business segments, year to Mar 2019

A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them. A segment at a loss has no share of profit.

Revenue by segment

₹22 CrTotal
  • Tiles₹16.4 Cr76.4% of total
  • Realty₹4.1 Cr18.9% of total
  • Sanitaryware₹1.0 Cr4.7% of total

Profit by segment

  • Realty₹1.12 Cr100.0% of total

Segment results by year

Standalone, ₹ crore, years to March.

  • Tiles

    Revenue, ₹ crore
    Profit, ₹ crore
  • Realty

    Revenue, ₹ crore
    Profit, ₹ crore
  • Sanitaryware

    Revenue, ₹ crore
    Profit, ₹ crore
  • Aluminium Sections

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2019
Revenue of all businesses22
Company revenue, as in its results22
Revenue16
Profit−37
Margin−227.6%
Return on capital−118.6%
Assets136
Liabilities104
Capital employed32
Revenue4
Revenue1
0
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue from operations20324117689775056112022
175215197116874957233444
Materials and goods bought781039533542528112335
Employee costs–––––––––3
Other expenses–––––––––6
Operating profit before depreciation2827−21−28−110−1−12−13−23
Operating margin13.9%11.0%−11.8%−31.4%−13.7%0.6%−2.6%−116.8%−65.4%−105.3%
Materials, % of revenue–––––––––161.5%
Employee costs, % of revenue–––––––––14.3%
Other expenses, % of revenue–––––––––29.5%
Depreciation and amortisation23292930302927202019
Operating profit after depreciation5−2−50−58−40−29−28−32−33−42
Other income0141732214
Finance costs45594650211100
Profit before one-off items and tax−40−60−93−107−35−27−28−31−32−39
One-off items–––––−36–508−376
Profit before tax−40−60−93−107−35−62−2819−24−414
––0–0–−15–50
Net profit−40−60−93−107−35−62−1252−29−415
Other comprehensive income–––––––––0
Total comprehensive income–––––––––−415
Net margin−19.4%−24.7%−52.8%−120.8%−45.7%−124.8%−21.9%488.1%−143.0%−1,925.4%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018 they do not, so they are left blank.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019
−494
Share capital34
Reserves−527
24
654
Liabilities due after a year4
Total assets164
154
10
Net debt23
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Earnings per share−₹38.46−₹13.00–−₹3.64₹15.47−₹8.60−₹245.72
Diluted earnings per share−₹34.35−₹13.00–−₹3.64₹15.47−₹8.60−₹245.72
Market cap at the year end (₹ crore)14.711.3–10.121.8––

Ratios

Standalone, years to March.

RatioMar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue growth−6.5%18.8%–−49.8%−13.5%−35.1%12.6%–89.9%6.1%
Operating profit growth−29.3%−5.5%––––––––
Return on equity–––––––––84.0%
Interest cover0.1–––––––––
Receivable days–––––––––47
Inventory days–––––––––57
Payable days–––––––––127
Cash conversion cycle, days–––––––––−23
Working capital days–––––––––−10,591
Asset turnover–––––––––0.13
Assets per rupee of net worth–––––––––−0.33
Sales per rupee of plant–––––––––0.14
Plant being built, % of plant in use–––––––––0.0%
Interest cover is left blank for the years to Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019: operating profit after depreciation is a loss, and a loss covers no interest bill. Revenue growth is left blank for the years to Mar 2012 and Mar 2017: between the two periods the company restated its earlier figures, so the two are on different bases and the change is not worked out. Debt to equity is left blank for the year to Mar 2019: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the year to Mar 2019: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2010, Mar 2011, Mar 2012, Mar 2013, Mar 2014, Mar 2015, Mar 2016, Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2019.

Return on assets, latest year
−253.1%
Measure10 years5 years3 years
Operating margin, average−32.2%−57.9%−95.8%
Net margin, average−199.0%−345.4%−526.8%

Where the return came from

Yearly rates to Mar 2019, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−72.8%––0.0%
3 years−22.4%––0.0%
5 years−18.7%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Euro Ceremics dividend calendar

Each payment in the month it went ex, as declared, ₹ a share at the time. Years running counted to the year to Mar 2019.

Dividends by the month each went ex
YearJanFebMarAprMayJunJulAugSepOctNovDecIn the year
2008₹0.75₹0.75

Interim or final dividendSpecial dividendNone that month

Euro Ceremics dividend history

Every payment with its ex-date and record date, year by year.

2008

  • Jul15Tue

    ₹0.75Interim

    Ex-date 15 Jul 2008 · record date 16 Jul 2008

    0.77%of the price

Grouped by the calendar year each went ex, so a year's total here can differ from the year it was paid for above. Of the price is the dividend as a share of the close on the session before its ex-date.

Euro Ceremics share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
2021BSE close1.11−32.7%1.851.00
2020BSE close1.65+230.0%3.090.20
2019BSE close0.50−73.7%1.900.35
20181.90−74.3%9.551.70
20177.40+15.6%14.455.85
20166.40+5.8%9.652.70
2015BSE close6.05+24.7%8.552.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2021 close is its last trade, on 15 Apr 2021.

Recent sessions

The 10 trading days to 15 Apr 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
15 Apr 20211.211.211.111.111.132,203
13 Apr 20211.101.101.051.051.06965
12 Apr 20211.151.151.101.101.147,157
9 Apr 20211.201.201.151.151.15408
8 Apr 20211.151.201.151.201.179,982
7 Apr 20211.151.201.151.201.167,683
6 Apr 20211.101.151.051.151.079,701
5 Apr 20211.151.151.101.101.102,050
1 Apr 20211.101.151.101.151.10771
31 Mar 20211.201.201.151.151.151,041
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
17 Jul 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
16 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
13 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
11 Sep 2014Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
28 Nov 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Nov 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
21 Oct 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
11 Oct 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
27 Aug 2013Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
22 Aug 2013Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
532823
ISIN
INE649H01011
Industry
Consumer Durables
Former symbols
EUROCERA
CIN
L26914MH2002PLC135548
Corporate identity number, the registrar of companies' code for it
Incorporated
2002
Registered office
208, Sangam Arcade, Vallabhbhai Road, Vile Parle (West), Mumbai 400056, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments