Associated Ceramics Ltd Stock Price Today (NSE: ASSOCER)
Fundamental Score
Associated Ceramics Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Associated Ceramics Ltd share price today is ₹162.25, up +0.00% on NSE/BSE as of 17 June 2026. Associated Ceramics Ltd (ASSOCER) is a Small-cap company in the Other Construction Materials sector with a market capitalisation of ₹65.06 (Cr). The 52-week high for ASSOCER share price is ₹251.00 and the 52-week low is ₹140.00. At a P/E ratio of 20.20x, ASSOCER is currently trading below its industry average P/E of 37.66x. The company has a Return on Equity (ROE) of 9.55% and a debt-to-equity ratio of 0.08.
Associated Ceramics Ltd Share Price Chart — NSE/BSE Historical Performance
Associated Ceramics Ltd share price chart: 0.55% return over the past month. 52-week high ₹251.00, 52-week low ₹140.00.
Associated Ceramics Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹172.20 | ₹175.90 | ₹172.20 | ₹175.85 | 67.00 (Cr) | |
| ₹176.95 | ₹176.95 | ₹173.95 | ₹173.95 | 7.00 (Cr) | |
| ₹173.95 | ₹173.95 | ₹173.95 | ₹173.95 | 1.00 (Cr) | |
| ₹177.85 | ₹177.85 | ₹174.50 | ₹174.50 | 2.00 (Cr) | |
| ₹170.25 | ₹177.90 | ₹165.00 | ₹174.25 | 288.00 (Cr) | |
| ₹170.25 | ₹170.25 | ₹170.00 | ₹170.25 | 193.00 (Cr) | |
| ₹168.95 | ₹173.25 | ₹166.25 | ₹170.25 | 43.00 (Cr) | |
| ₹176.00 | ₹176.00 | ₹169.05 | ₹175.00 | 55.00 (Cr) | |
| ₹175.15 | ₹176.90 | ₹171.50 | ₹176.90 | 74.00 (Cr) | |
| ₹181.75 | ₹181.75 | ₹180.50 | ₹180.50 | 27.00 (Cr) |
Associated Ceramics Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹172.20 | ₹175.90 | ₹172.20 | ₹175.85 | +2.12% | |
| ₹184.35 | ₹190.85 | ₹165.00 | ₹173.95 | -5.64% | |
| ₹179.10 | ₹190.00 | ₹164.35 | ₹179.90 | +0.45% | |
| ₹180.50 | ₹208.90 | ₹140.00 | ₹191.55 | +6.12% | |
| ₹197.90 | ₹235.00 | ₹170.65 | ₹192.00 | -2.98% | |
| ₹216.00 | ₹221.15 | ₹175.80 | ₹180.10 | -16.62% | |
| ₹234.80 | ₹234.80 | ₹180.25 | ₹216.00 | -8.01% | |
| ₹199.00 | ₹244.00 | ₹193.45 | ₹216.50 | +8.79% | |
| ₹235.00 | ₹239.25 | ₹177.10 | ₹211.70 | -9.91% | |
| ₹220.00 | ₹246.80 | ₹218.50 | ₹234.80 | +6.73% | |
| ₹241.70 | ₹250.95 | ₹209.95 | ₹230.55 | -4.61% | |
| ₹198.25 | ₹251.00 | ₹182.50 | ₹236.95 | +19.52% |
AI Research Briefing
Powered by Gemini · 2026-04-15
Micro-cap construction play with deteriorating financials and high cyclical risk; avoid until clear signs of turnaround.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Associated Ceramics' share price 89% from its previous close. The stock's 52-week high is and the 52-week low is
CORE STORY (THE REAL GAME)
Associated Ceramics is a play on the cyclical nature of the construction and infrastructure sectors in India, manufacturing and selling refractory products. It's a small player attempting to capitalize on the broader construction upswing, but faces stiff competition and inherent SME risks.
- Housing sector showing strong tailwinds
- Infrastructure development initiatives
- Shift towards premium housing
- Significant order wins in refractory products
- Government infrastructure spending announcements
- Turnaround in quarterly financial performance
- Micro/SME cap: liquidity risk
- Q3 FY26 net profit fell 106.06% YoY
- Cyclical industry: vulnerable to economic downturns
No FII/DII activity reported. Promoter holding stable at 55.34%.
India's building materials sector is positioned for potential sustained growth, supported by urbanization and infrastructure development.
Free Cash Flow 5Y: ₹15.53 Cr - Profit converting to cash, but needs to be monitored.
Dependent on sustained growth in construction and infrastructure. Monitor quarterly results for signs of turnaround. 3-6 month thesis: Avoid until clearer growth trajectory.
Primary Thesis Risk
Cyclical downturn and poor Q3 performance could crush the stock.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Associated Ceramics Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Associated Ceramics Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ASSOCER across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Attractive Valuation (P/E: 20.20 vs Industry: 37.66)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (1655.56%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (21.91%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (14.76x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (55.34%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
5 factors identified
Below-Average Return on Equity (9.55%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Limited Growth History (4.36% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-7.82% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-7.82% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Associated Ceramics Ltd vs Other Construction Materials Peers
Peer Comparison - Other Construction Materials
Compare Associated Ceramics Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Associated Ceramics LtdAssociated Cera...Selected✓ ASSOCER • 531168 | 51/100 | ₹162.25₹162 | ₹65.06₹65.06 | 20.20Average 20.2 Average | 9.55%Poor 9.55% Poor | 10.78%Average 10.78% Average | 0.08Excellent 0.1 Excellent | -7.82%Poor -7.82% Poor | 4.36%Average 4.36% Average | 0.00% |
Midwest Gold LimitedMidwest Gold Li... MIDWEST • 526570 | 2/100 | ₹4749.20₹4749 | ₹4333.22₹4333.22 | — — | — — | — — | 1.89Average 1.9 Average | — — | — — | 0.00% |
Ramco Industries LtdRamco Industrie... RAMCOIND • 532369 | 45.7/100 | ₹311.35₹311 | ₹2843.18₹2843.18 | 12.31Average 12.3 Average | 4.37%Poor 4.37% Poor | 3.61%Poor 3.61% Poor | 0.04Excellent 0.0 Excellent | 1.85%Average 1.85% Average | 11.23%Good 11.23% Good | 0.31% |
ArisInfra Solutions LimitedArisInfra Solut... ARISINFRA • 544419 | 25.2/100 | ₹103.08₹103 | ₹1074.98₹1074.98 | 60.29Average 60.3 Average | 1.48%Poor 1.48% Poor | 12.26%Average 12.26% Average | 0.08Excellent 0.1 Excellent | — — | — — | 0.00% |
Everest Industries LtdEverest Industr... EVERESTIND • 508906 | 8.5/100 | ₹391.15₹391 | ₹821.18₹821.18 | — — | -1.10%Poor -1.10% Poor | 0.75%Poor 0.75% Poor | 0.54Good 0.5 Good | — — | 6.03%Good 6.03% Good | 0.48% |
VISHNUSURYA PROJECVISHNUSURYA PRO... VISHNUINFR • | 33.3/100 | ₹173.25₹173 | ₹406.30₹406.30 | 13.24Average 13.2 Average | — — | — — | 0.42Excellent 0.4 Excellent | 74.47%Excellent 74.47% Excellent | 43.25%Excellent 43.25% Excellent | 0.61% |
Nidhi Granites LtdNidhi Granites ... NIDHGRN • 512103 | 11.5/100 | ₹354.80₹355 | ₹330.32₹330.32 | 92.01Average 92.0 Average | 14.01%Average 14.01% Average | 16.57%Good 16.57% Good | 0.11Excellent 0.1 Excellent | — — | — — | 0.00% |
Marble City India LtdMarble City Ind... MARBLE • 531281 | 15/100 | ₹92.68₹93 | ₹317.56₹317.56 | 66.44Average 66.4 Average | — — | — — | 1.62Average 1.6 Average | — — | — — | 0.00% |
Sahyadri Industries LtdSahyadri Indust... SAHYADRI • 532841 | 49.3/100 | ₹279.60₹280 | ₹278.03₹278.03 | 15.02Average 15.0 Average | 5.27%Poor 5.27% Poor | 7.12%Poor 7.12% Poor | 0.09Excellent 0.1 Excellent | -6.04%Poor -6.04% Poor | 16.33%Excellent 16.33% Excellent | 0.39% |
Divyashakti LimitedDivyashakti Lim... DIVSHKT • 526315 | 22.9/100 | ₹47.69₹48 | ₹56.07₹56.07 | 21.65Average 21.6 Average | 1.58%Poor 1.58% Poor | 2.18%Poor 2.18% Poor | 0.00Excellent 0.0 Excellent | -19.41%Poor -19.41% Poor | 1.21%Average 1.21% Average | 3.66% |
Ravi Leela Granites LtdRavi Leela Gran... RALEGRA • 526095 | 40.4/100 | ₹37.45₹37 | ₹48.18₹48.18 | 12.26Average 12.3 Average | -23.28%Poor -23.28% Poor | -0.74%Poor -0.74% Poor | 2.73Poor 2.7 Poor | — — | 5.40%Good 5.40% Good | 0.00% |
Top Other Construction Materials Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Midwest Gold Limited share price4333.22 Cr
- Ramco Industries Ltd share price2843.18 Cr
- ArisInfra Solutions Limited share price1074.98 Cr
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- VISHNUSURYA PROJEC share price406.30 Cr
Associated Ceramics Ltd PE Ratio History
Historical price-to-earnings ratio for ASSOCER — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹4.19 | ₹225.90 | 53.9x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Associated Ceramics Ltd Quarterly Performance
Latest quarterly metrics for ASSOCER — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
21.91%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
1655.56%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
4.36%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-7.82%
Compounded annual net profit growth over 5 years
Associated Ceramics Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for ASSOCER — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Associated Ceramics Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Associated Ceramics Ltd (ASSOCER) — sourced from NSE/BSE filings.
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About ASSOCER (Associated Ceramics Ltd)
Associated Ceramics Ltd is a cornerstone of the Indian construction materials sector, specializing in the production of high-performance ceramic solutions for demanding industrial ...applications. With decades of experience, ASSOCER is a renowned manufacturer of advanced refractory products, engineered to withstand extreme temperatures and corrosive environments. Our commitment to innovation ensures that we consistently deliver materials that meet the evolving needs of industries such as steel, cement, and power generation. Beyond refractories, ASSOCER actively engages in the sourcing and distribution of essential minerals and mineral products, playing a crucial role in the supply chain for various manufacturing processes. We strive to provide quality material for our customers. ASSOCER's operations extend beyond ceramic manufacturing to include strategic involvement in the wider construction materials market. We actively participate in the trade of cements, lime, and stone, essential components in building and infrastructure development. This diversified approach allows ASSOCER to contribute to a broad spectrum of construction projects, from residential buildings to large-scale industrial complexes. Our commitment to quality and reliability is underpinned by rigorous testing and adherence to industry standards. By combining our expertise in ceramics with a comprehensive understanding of construction materials, ASSOCER provides comprehensive solutions for its clients. We pride ourselves in maintaining a strong commitment to customer satisfaction and environmental sustainability, ensuring we remain a responsible and reliable partner in the construction industry. Founded in 1970 and headquartered in Kolkata, India, Associated Ceramics Ltd has established a lasting legacy of quality, reliability, and innovation. We constantly strive to improve the products we offer. Our longstanding presence in the Indian market is a testament to our enduring commitment to serving our customers. We constantly adapt to meet the changing needs of industries across the nation. With a focus on continuous improvement and a deep understanding of our customers' needs, ASSOCER is positioned to remain a key player in the Indian construction materials landscape for years to come. As we move forward, we remain committed to our core values and vision for providing innovative solutions.
Company Details
Key Leadership
Corporate Events
Latest News
ASSOCER Share Price: Frequently Asked Questions
What is the current share price of Associated Ceramics Ltd?
Associated Ceramics Ltd (ASSOCER) trades at ₹162.25 on NSE and BSE. Market cap ₹65.06 (Cr). Educational data only.
What is the P/E ratio of Associated Ceramics Ltd?
Associated Ceramics Ltd has a P/E of 20.20x vs industry average 37.66x.
What is the Bull Run score for Associated Ceramics Ltd?
Associated Ceramics Ltd has a Bull Run score of 51/100 based on 25+ financial parameters.
Does Associated Ceramics Ltd pay dividends?
Associated Ceramics Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Associated Ceramics Ltd?
Associated Ceramics Ltd has ROE of 9.55%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Associated Ceramics Ltd?
Associated Ceramics Ltd has debt-to-equity of 0.08.
Is Associated Ceramics Ltd a good investment?
Bull Run gives Associated Ceramics Ltd a score of 51/100. This is not investment advice — consult a SEBI-registered advisor.