Associated Ceramics Ltd

ASSOCEROther Construction Materials
190.00+0.00 (+0.00%)
As on 29 Jan 2026, 10:34 amMarket Closed

Fundamental Score

...

Associated Ceramics Ltd Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Poor

Return on Equity

9.55%
Poor

Return on Capital Employed

10.78%
Excellent

Operating Profit Margin (5Y)

13.95%
Poor

Dividend Yield

0.00%

Valuation Metrics

Excellent

Price to Earnings

20.20x

Market Capitalization

65.06 (Cr)

Industry P/E

37.66x

Growth Metrics

Excellent

YoY Quarterly Profit Growth

1655.56%
Excellent

YoY Quarterly Sales Growth

21.91%
Poor

Sales Growth (5Y)

4.36%
Poor

EPS Growth (5Y)

-7.82%
Poor

Profit Growth (5Y)

-7.82%

Financial Health

Excellent

Debt to Equity

0.08x
Excellent

Interest Coverage

14.76x
Good

Free Cash Flow (5Y)

15.53 (Cr)

Ownership Structure

Good

Promoter Holding

55.34%
Poor

FII Holding

0.00%
Poor

DII Holding

0.00%
Excellent

Pledged Percentage

0.00%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
55.34%
Promoter Holding
65.06 (Cr)
Market Cap

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Market Data Analysis & Educational Insights

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 if fundamentals support the business case.

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. This suggests positive business trajectory.

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. This indicates business expansion success.

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 and flexibility for growth investments.

Strong Interest Coverage (14.76x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.

Balanced Promoter Holding (55.34%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral, reducing forced-selling risk.

Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.

Risk Factors

6 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. Assess future growth catalysts.

Weak Earnings Growth (-7.82% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation. Consider growth catalysts and competitive positioning.

Stagnant Profit Growth (-7.82% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity. Assess transformation initiatives.

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. Assess capital allocation strategy.

Small Market Cap

Observation: Higher investment risk due to limited size.

Analysis: Small-cap stocks typically carry higher volatility and liquidity risks.

Financial Statements

Comprehensive financial data for Associated Ceramics Ltd

About ASSOCER

Business Overview

Associated Ceramics Limited manufactures and sells refractory products in India. It is also involved in the potter activities; sell and purchase of minerals and mineral products; and deals in cements, lime, and stone. The company was incorporated in 1970 and is based in Kolkata, India.

Company Details

Symbol:ASSOCER
Industry:Other Construction Materials
Sector:Other Construction Materials

Key Leadership

Mr. Arun Agarwal
MD & Whole Time Director
Mr. Sharad Agarwal
CFO & Executive Director
Umang Agarwal
Senior Executive

ASSOCER Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)9.55%
Return on Capital Employed10.78%
Operating Profit Margin (5Y)13.95%
Debt to Equity Ratio0.08
Interest Coverage Ratio14.76

Growth & Valuation

Sales Growth (5Y)4.36%
Profit Growth (5Y)-7.82%
EPS Growth (5Y)-7.82%
YoY Quarterly Profit Growth1655.56%
YoY Quarterly Sales Growth21.91%

Frequently Asked Questions

What is the current price of Associated Ceramics Ltd (ASSOCER)?

As of 29 Jan 2026, 10:34 am IST, Associated Ceramics Ltd (ASSOCER) is currently trading at ₹190.00. The stock has a market capitalization of ₹65.06 (Cr).

Is ASSOCER share price Overvalued or Undervalued?

ASSOCER is currently trading at a P/E ratio of 20.20x, compared to the industry average of 37.66x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.

What factors affect the Associated Ceramics Ltd share price?

Key factors influencing ASSOCER's price include its quarterly earnings growth (Sales Growth: 21.91%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Associated Ceramics Ltd a good stock for long-term investment?

Associated Ceramics Ltd shows a 5-year Profit Growth of -7.82% and an ROE of 9.55%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.08 before investing.

How does Associated Ceramics Ltd compare with its industry peers?

Associated Ceramics Ltd competes with major peers in the Other Construction Materials. Investors should compare ASSOCER's P/E of 20.20x and ROE of 9.55% against the industry averages to determine its competitive standing.

What is the P/E ratio of ASSOCER and what does it mean?

ASSOCER has a P/E ratio of 20.20x compared to the industry average of 37.66x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹20 for every ₹1 of annual earnings.

How is ASSOCER performing according to Bull Run's analysis?

ASSOCER has a Bull Run fundamental score of 51/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does ASSOCER belong to?

ASSOCER operates in the Other Construction Materials industry. This classification helps understand the competitive landscape and sector-specific trends affecting Associated Ceramics Ltd.

What is Return on Equity (ROE) and why is it important for ASSOCER?

ASSOCER has an ROE of 9.55%, which suggests challenges in generating returns from shareholders' equity. Return on Equity measures how efficiently Associated Ceramics Ltd generates profits from shareholders' equity.

How is ASSOCER's debt-to-equity ratio and what does it indicate?

ASSOCER has a debt-to-equity ratio of 0.08, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.

What is ASSOCER's dividend yield and is it a good dividend stock?

ASSOCER offers a dividend yield of 0.00%, which means you receive ₹0.00 annual dividend for every ₹100 invested.

How has ASSOCER grown over the past 5 years?

ASSOCER has achieved 5-year growth rates of: Sales Growth 4.36%, Profit Growth -7.82%, and EPS Growth -7.82%.

What is the promoter holding in ASSOCER and why does it matter?

Promoters hold 55.34% of ASSOCER shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is ASSOCER's market capitalization category?

ASSOCER has a market capitalization of ₹65 crores, placing it in the Small-cap category.

How volatile is ASSOCER stock?

ASSOCER has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for ASSOCER?

ASSOCER has a 52-week high of ₹N/A and low of ₹N/A.

What is ASSOCER's operating profit margin trend?

ASSOCER has a 5-year average Operating Profit Margin (OPM) of 13.95%, indicating the company's operational efficiency.

How is ASSOCER's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of 21.91% and YoY Profit Growth of 1655.56%.

What is the institutional holding pattern in ASSOCER?

ASSOCER has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the stock.