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HomeStocksOther Industrial ProductsAssociated Coaters Ltd

Associated Coaters Ltd Stock Price Today (NSE: ASSOCIATED)

Associated Coaters Ltd

ASSOCIATEDOther Industrial Products
₹98.00+₹0.00 (+0.00%)↑
As on 18 Mar 2026, 10:12 am ISTMarket Closed

Fundamental Score

...

Associated Coaters Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Associated Coaters Ltd share price today is ₹98.00, up +0.00% on NSE/BSE as of 18 March 2026. Associated Coaters Ltd (ASSOCIATED) is a Small-cap company in the Other Industrial Products sector with a market capitalisation of ₹15.10 (Cr). The 52-week high for ASSOCIATED share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 13.25x, ASSOCIATED is currently trading below its industry average P/E of 28.18x. The company has a Return on Equity (ROE) of 25.12% and a debt-to-equity ratio of 0.01.

Associated Coaters Ltd Share Price Chart — NSE/BSE Historical Performance

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

Returns & Performance

Excellent

ROE

25.12%
Excellent

ROCE

32.62%

OPM (5Y)

N/A

Div Yield

0.00%

Associated Coaters Ltd Valuation Check

Excellent

P/E Ratio

13.25x
Poor

Industry P/E

28.18x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

15.10 (Cr)

Growth Engine

Excellent

Profit Growth (Q)

20.00%
Excellent

Sales Growth (Q)

40.27%

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.01x
Excellent

Int. Coverage

145.00x

Free Cash Flow (5Y)

-0.83 (Cr)

Shareholding

Excellent

Promoter

68.79%
Poor

FII

0.00%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Associated Coaters Share Price: A Conservative Value Investor's Perspective

In the Other Industrial Products sector, a key trend is the increasing demand for specialized coatings that enhance product durability and performance. This has created opportunities for companies with strong technical expertise and efficient operations. This analysis examines the Associated Coaters share price (₹89.160004) from the viewpoint of a conservative value investor, emphasizing capital safety and long-term sustainability. With a PE ratio of 13.25, Associated Coaters appears potentially undervalued relative to the broader market, but further investigation is crucial.

One of the most attractive aspects of Associated Coaters is its Return on Capital Employed (ROCE) of 32.62%. This indicates a high level of efficiency in generating profits from invested capital. A consistently high ROCE, like this, can contribute to a wider economic moat. Meaning the company can protect its competitive position, as it can reinvest earnings at high rates and create barriers to entry for competitors.

Comparing Associated Coaters with its sector peers is essential. Consider AMEYA PRECISION EN. While both companies operate within the same industry, discerning differences in management quality and capital allocation decisions requires careful scrutiny of annual reports and management commentary. A company with disciplined management can navigate economic cycles more effectively, preserving shareholder value during downturns.

This financial analysis is based on publicly available data and is intended for informational purposes only. It forms a small part of a more comprehensive 80-parameter fundamental audit, meticulously verified by Sweta Mishra. This thorough evaluation delves into various factors, including financial health, competitive positioning, and growth prospects, to provide a holistic assessment of Associated Coaters. No opinion on the buying or selling of shares has been provided in this observational analysis.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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

Associated Coaters Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASSOCIATED across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (25.12%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (32.62%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 13.25 vs Industry: 28.18)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (20.00%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (40.27%)

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: 0.01)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (145.00x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (68.79%)

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

2 factors identified

Negative Free Cash Flow (₹-0.83 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

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 Coaters Ltd Financial Statements

Comprehensive financial data for Associated Coaters Ltd including income statement, balance sheet and cash flow

About ASSOCIATED (Associated Coaters Ltd)

Associated Coaters Ltd (ASSOCIATED) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Other Industrial Products sector with a current market capitalisation of ₹15.10 (Cr). Associated Coaters Ltd has delivered a Return on Equity (ROE) of 25.12% and a ROCE of 32.62%. The debt-to-equity ratio stands at 0.01, reflecting the company's capital structure. Investors tracking ASSOCIATED share price can monitor key metrics including P/E ratio, promoter holding of 68.79%, and quarterly earnings growth.

Company Details

Symbol:ASSOCIATED
Industry:Other Industrial Products
Sector:Other Industrial Products
Website:https://associatedcoaters.in

Key Leadership

Mr. Jagjit Singh Dhillon
MD, CFO & Director
Mr. Harbhajan Singhthethi
Executive Chairman & Whole-Time Director
Ms. Heenal Hitesh Rathod
Company Secretary & Compliance Officer

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ASSOCIATED Share Price: Frequently Asked Questions

What is the current share price of Associated Coaters Ltd (ASSOCIATED)?

As of 18 Mar 2026, 10:12 am IST, Associated Coaters Ltd share price is ₹98.00. The ASSOCIATED stock has a market capitalisation of ₹15.10 (Cr) on NSE/BSE.

Is ASSOCIATED share price Overvalued or Undervalued?

ASSOCIATED share price is currently trading at a P/E ratio of 13.25x, compared to the industry average of 28.18x. Based on this relative valuation, the Associated Coaters Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of ASSOCIATED share price?

The 52-week high of ASSOCIATED share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Associated Coaters Ltd share price?

Key factors influencing ASSOCIATED share price include quarterly earnings growth (Sales Growth: 40.27%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

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

Associated Coaters Ltd shows a 5-year Profit Growth of N/A% and an ROE of 25.12%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.01 before investing in ASSOCIATED shares.

How does Associated Coaters Ltd compare with its industry peers?

Associated Coaters Ltd competes with major peers in the Other Industrial Products. Investors should compare ASSOCIATED share price P/E of 13.25x and ROE of 25.12% against the industry averages to determine competitive standing.

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

ASSOCIATED share price has a P/E ratio of 13.25x compared to the industry average of 28.18x. Investors pay ₹13 for every ₹1 of annual earnings.

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

ASSOCIATED has a Bull Run fundamental score of 52.7/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does ASSOCIATED belong to?

ASSOCIATED operates in the Other Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Associated Coaters Ltd share price.

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

ASSOCIATED has an ROE of 25.12%, which indicates excellent management efficiency. ROE measures how efficiently Associated Coaters Ltd generates profits from shareholders capital.

How is ASSOCIATED debt-to-equity ratio and what does it indicate?

ASSOCIATED has a debt-to-equity ratio of 0.01, which indicates conservative financing with low financial risk.

What is ASSOCIATED dividend yield and is it a good dividend stock?

ASSOCIATED offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Associated Coaters Ltd shares.

How has ASSOCIATED share price grown over the past 5 years?

ASSOCIATED has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

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

Promoters hold 68.79% of ASSOCIATED shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Associated Coaters Ltd.

What is ASSOCIATED market capitalisation category?

ASSOCIATED has a market capitalisation of ₹15 crores, placing it in the Small-cap category.

How volatile is ASSOCIATED stock?

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

What is ASSOCIATED operating profit margin trend?

ASSOCIATED has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is ASSOCIATED quarterly performance?

Recent quarterly performance shows Associated Coaters Ltd YoY Sales Growth of 40.27% and YoY Profit Growth of 20.00%.

What is the institutional holding pattern in ASSOCIATED?

ASSOCIATED has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Associated Coaters Ltd stock.

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Frequently Asked Questions about Associated Coaters Ltd

What is the current share price of Associated Coaters Ltd?

Associated Coaters Ltd (ASSOCIATED) is currently trading at ₹98.00 per share on NSE and BSE. Associated Coaters Ltd is a Small-cap company with a market capitalisation of ₹15.10 (Cr). Prices are updated daily. This is for educational purposes only and does not constitute investment advice.

What is the P/E ratio of Associated Coaters Ltd?

Associated Coaters Ltd (ASSOCIATED) has a Price-to-Earnings (P/E) ratio of 13.25x. This ratio indicates how much investors are paying for every rupee of earnings. A lower P/E compared to the industry average may indicate undervaluation. This is informational data only.

What is the market capitalisation of Associated Coaters Ltd?

Associated Coaters Ltd has a market capitalisation of ₹15.10 (Cr), classifying it as a Small-cap stock. Market cap is calculated as current share price × total outstanding shares and is used for peer group comparisons.

What is the Bull Run score for Associated Coaters Ltd?

Associated Coaters Ltd has a Bull Run fundamental score of 52.7/100. This AI-generated score evaluates the stock across 25+ parameters including profitability, growth, debt levels, and valuations. A higher score indicates stronger fundamentals.

Does Associated Coaters Ltd pay dividends?

Associated Coaters Ltd has a dividend yield of 0.00%. Dividend yield shows annual dividend income as a percentage of the current share price. This is historical data and future dividends are not guaranteed.

What is the ROE of Associated Coaters Ltd?

Associated Coaters Ltd has a Return on Equity (ROE) of 25.12%. ROE measures how effectively a company uses shareholder equity to generate profits. A higher ROE generally indicates better management efficiency.

What is the debt-to-equity ratio of Associated Coaters Ltd?

Associated Coaters Ltd has a debt-to-equity ratio of 0.01. A lower ratio generally indicates lower financial risk. This metric helps assess how much of the company's operations are funded by debt versus shareholder equity.

How does Associated Coaters Ltd compare to other Other Industrial Products sector stocks?

Associated Coaters Ltd operates in the Other Industrial Products sector in India. With a P/E of 13.25x and ROE of 25.12%, you can compare it with peers in the same sector using Bull Run's stock screener. Use the sector page to view all Other Industrial Products companies ranked by fundamentals.

Where can I buy Associated Coaters Ltd shares?

Associated Coaters Ltd shares are listed on NSE and BSE and can be purchased through any SEBI-registered stockbroker in India. You will need a demat account and trading account. Popular brokers include Zerodha, Upstox, Angel One, and ICICI Direct. Bull Run does not offer brokerage services.

Is Associated Coaters Ltd a good investment?

Bull Run provides data-driven fundamental scores for Associated Coaters Ltd to help you research the stock. The composite score of 52.7/100 is based on financials including P/E 13.25x, ROE 25.12%, and debt-to-equity 0.01. Bull Run is not a SEBI-registered advisor — this is not investment advice. Please consult a financial advisor before investing.