Orient Ceratech Limited, formerly known as Orient Abrasives Limited, was incorporated on November 12, 1971, and has established itself as a prominent manufacturer in India's specialty materials sector. The company is part of the Ashapura group and is promoted by Bombay Minerals Ltd, bringing decades of industry expertise and strong backing to its operations.
The company specializes in manufacturing and distributing specialty value-added ceramic goods like ceramic proppants for the oil and gas industry, and ceramic solutions for the abrasives and refractory industries. As an ISO 9001-certified producer of Calcined and Fused Products in India, Orient Ceratech maintains high quality standards across its product portfolio.
Orient Ceratech operates through multiple business verticals that serve critical industrial sectors. The company offers a wide range of Refractory and Monolithic products for the iron and steel industry, which forms a significant portion of its revenue stream. The company is principally engaged in the business of production and trading of Aluminum Refractories and Monolithics Products, mining of Bauxite Ores, and generation of Power (including windmill facilities).
The installed capacity of its plant for fused aluminum oxide grains is 21,000 MT (Megatons) and for calcined products is 74,250 MT. The company's segments include Alumina Refractories & Monolithics products & bauxite ores, and a Power division, providing diversified revenue sources and reducing dependence on any single market segment.
The company's products include High Alumina Raw Materials, Monolithics, and Ceramic Proppants, catering to various industrial applications including steel manufacturing, oil and gas exploration, and abrasive applications.
The company's manufacturing facilities are located in Porbandar, Gujarat, strategically positioned to serve both domestic and international markets. The company's manufacturing facilities are located at Porbandar (Gujarat) along with thermal power generation. It also operates bauxite mines located at various sites in Gujarat and windmill facilities in the States of Rajasthan and Karnataka.
The company has made significant investments in expanding its capacity and infrastructure. In 2019-2020, the company acquired a wind power plant of 1.75 MW in Gujarat for captive consumption at its Porbandar plant and increased production capacity by installing one more block furnace for fused product production. This expansion demonstrates the company's commitment to sustainable operations and meeting growing market demand.
Orient Ceratech Ltd has a market capitalisation of ₹493 crore as per recent data. The company's financial performance shows mixed trends across different quarters.
Recent Financial Results:
- For the quarter ended 2025, Orient Ceratech Ltd reported a profit of ₹3.47 crore on a total income of ₹85.49 crore.
- For the year ended 2024, Orient Ceratech Ltd had posted a profit of ₹19.02 crore on a total income of ₹313.37 crore.
- Orient Ceratech Ltd's net profit fell -67.62% year-on-year to ₹1.70 crore in Q3 FY2024-2025.
Key Financial Metrics:
- Market Capitalisation: ₹493 Crore
- Q3 FY2024-25 Profit: ₹3.47 Crore
- FY2024 Total Income: ₹313.37 Crore
- FY2024 Profit: ₹19.02 Crore
- Q3 FY2024-25 Profit Change (YoY): -67.62%
- Return on Equity (3-Year Average): 4.99%
- Stock P/E: 57.0
- Book Value: ₹23.7
- Dividend Yield: 0.54%
- ROCE: 5.90%
- ROE: 3.55%
The Orient Ceratech Ltd's 52-week high share price is ₹60.95 and the 52-week low share price is ₹28.93, indicating significant price volatility throughout the year. While the share price moved down by 21.04% on BSE in the last 12 months, it has shown strong long-term performance with a 55.10% increase over the last 3 years.
The stock belongs to the Materials sector & Metals - Diversified sub-sector, positioning it within a sector that serves fundamental industrial needs across various industries.
Promoter holding in Orient Ceratech Ltd stands at 63.58% as of Jun 2025, remaining stable from 63.58% as of Sep 2024. This high promoter holding indicates strong management confidence and control, providing stability to the company's strategic direction.
The company has been actively expanding its operations through strategic acquisitions and capacity enhancements. In 2020-21, the company acquired 100% Equity Shares of M/s Orient Advanced Materials Private Limited (formerly known as KMM Consultancy Private Limited), which became a wholly owned subsidiary. This acquisition likely strengthened the company's market position and expanded its product capabilities.
Orient Ceratech's focus on sustainable energy is evident through its investments in renewable power generation, particularly wind energy facilities, which not only support its manufacturing operations but also align with environmental sustainability goals.
Orient Ceratech Ltd declared a dividend of ₹0.25 on 16/05/2024. It declared a total dividend of ₹0.25 in the previous financial year (FY2024-2025). Last year, Orient Ceratech Ltd gave ₹0.50 for the full year, demonstrating the company's commitment to returning value to shareholders despite challenging market conditions.
Orient Ceratech Ltd represents a well-established player in India's specialty ceramics and refractory materials industry, with diversified operations spanning manufacturing, mining, and power generation. While the company faces near-term financial challenges reflected in declining profit margins, its strong infrastructure base, strategic positioning in essential industrial sectors, and stable promoter holding provide a foundation for potential recovery and growth.
