Murudeshwar Ceramics Limited (MURUDCERA) - Net Assets
Based on the latest financial reports, Murudeshwar Ceramics Limited (MURUDCERA) has net assets worth Rs3.74 Billion INR (≈ $40.47 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.85 Billion ≈ $63.24 Million USD) and total liabilities (Rs2.11 Billion ≈ $22.77 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Murudeshwar Ceramics Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.74 Billion |
| % of Total Assets | 63.99% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | 11.69% |
| 10-Year Change | 18.15% |
| Growth Volatility | 4.89 |
Murudeshwar Ceramics Limited - Net Assets Trend (2006–2025)
This chart illustrates how Murudeshwar Ceramics Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Murudeshwar Ceramics Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Murudeshwar Ceramics Limited (2006–2025)
The table below shows the annual net assets of Murudeshwar Ceramics Limited from 2006 to 2025. For live valuation and market cap data, see Murudeshwar Ceramics Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.72 Billion ≈ $40.24 Million |
+1.80% |
| 2024-03-31 | Rs3.66 Billion ≈ $39.53 Million |
+3.24% |
| 2023-03-31 | Rs3.54 Billion ≈ $38.29 Million |
+4.19% |
| 2022-03-31 | Rs3.40 Billion ≈ $36.75 Million |
+2.00% |
| 2021-03-31 | Rs3.33 Billion ≈ $36.03 Million |
-0.35% |
| 2020-03-31 | Rs3.34 Billion ≈ $36.15 Million |
+0.37% |
| 2019-03-31 | Rs3.33 Billion ≈ $36.02 Million |
-1.56% |
| 2018-03-31 | Rs3.38 Billion ≈ $36.59 Million |
+3.10% |
| 2017-03-31 | Rs3.28 Billion ≈ $35.49 Million |
+4.21% |
| 2016-03-31 | Rs3.15 Billion ≈ $34.06 Million |
+1.73% |
| 2015-03-31 | Rs3.10 Billion ≈ $33.48 Million |
+0.56% |
| 2014-03-31 | Rs3.08 Billion ≈ $33.29 Million |
+1.24% |
| 2013-03-31 | Rs3.04 Billion ≈ $32.89 Million |
+1.10% |
| 2012-03-31 | Rs3.01 Billion ≈ $32.53 Million |
+2.94% |
| 2011-03-31 | Rs2.92 Billion ≈ $31.60 Million |
+16.00% |
| 2010-03-31 | Rs2.52 Billion ≈ $27.24 Million |
-5.73% |
| 2009-03-31 | Rs2.67 Billion ≈ $28.90 Million |
-0.39% |
| 2008-03-31 | Rs2.68 Billion ≈ $29.01 Million |
+9.90% |
| 2007-03-31 | Rs2.44 Billion ≈ $26.40 Million |
+12.53% |
| 2006-03-31 | Rs2.17 Billion ≈ $23.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Murudeshwar Ceramics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19368600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs193.69 Million | 5.21% |
| Common Stock | Rs605.45 Million | 16.27% |
| Other Comprehensive Income | Rs1.46 Billion | 39.27% |
| Other Components | Rs1.46 Billion | 39.25% |
| Total Equity | Rs3.72 Billion | 100.00% |
Murudeshwar Ceramics Limited Competitors by Market Cap
The table below lists competitors of Murudeshwar Ceramics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aneka Jaringan Holdings Bhd
KLSE:0226
|
$21.80 Million |
|
JPEL Private Equity Ltd
LSE:JPEL
|
$21.81 Million |
|
Termorex
WAR:TRR
|
$21.81 Million |
|
PolTREG S.A.
WAR:PTG
|
$21.82 Million |
|
Youngsin Metal Industrial Co. Ltd
KQ:007530
|
$21.79 Million |
|
Karya Bersama Anugerah Pt
JK:KBAG
|
$21.79 Million |
|
Pulsenmore Ltd. Ordinary Shares
NASDAQ:PLSM
|
$21.78 Million |
|
Moong Pattana International Public Company Limited
BK:MOONG
|
$21.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Murudeshwar Ceramics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,655,003,000 to 3,720,755,000, a change of 65,752,000 (1.8%).
- Net income of 98,396,000 contributed positively to equity growth.
- Dividend payments of 30,273,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs98.40 Million | +2.64% |
| Dividends Paid | Rs30.27 Million | -0.81% |
| Other Comprehensive Income | Rs-1.00K | -0.0% |
| Other Changes | Rs-2.37 Million | -0.06% |
| Total Change | Rs- | 1.80% |
Book Value vs Market Value Analysis
This analysis compares Murudeshwar Ceramics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.30x to 0.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs109.90 | Rs33.28 | x |
| 2007-03-31 | Rs106.00 | Rs33.28 | x |
| 2008-03-31 | Rs116.50 | Rs33.28 | x |
| 2009-03-31 | Rs116.04 | Rs33.28 | x |
| 2010-03-31 | Rs109.39 | Rs33.28 | x |
| 2011-03-31 | Rs83.47 | Rs33.28 | x |
| 2012-03-31 | Rs77.56 | Rs33.28 | x |
| 2013-03-31 | Rs78.41 | Rs33.28 | x |
| 2014-03-31 | Rs75.43 | Rs33.28 | x |
| 2015-03-31 | Rs75.85 | Rs33.28 | x |
| 2016-03-31 | Rs77.16 | Rs33.28 | x |
| 2017-03-31 | Rs76.40 | Rs33.28 | x |
| 2018-03-31 | Rs74.85 | Rs33.28 | x |
| 2019-03-31 | Rs70.01 | Rs33.28 | x |
| 2020-03-31 | Rs70.27 | Rs33.28 | x |
| 2021-03-31 | Rs68.32 | Rs33.28 | x |
| 2022-03-31 | Rs61.84 | Rs33.28 | x |
| 2023-03-31 | Rs62.10 | Rs33.28 | x |
| 2024-03-31 | Rs58.45 | Rs33.28 | x |
| 2025-03-31 | Rs62.32 | Rs33.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Murudeshwar Ceramics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.85%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.53x
- Recent ROE (2.64%) is above the historical average (1.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.98% | 12.47% | 0.41x | 2.13x | Rs21.36 Million |
| 2007 | 12.18% | 11.88% | 0.50x | 2.05x | Rs53.20 Million |
| 2008 | 9.93% | 10.62% | 0.48x | 1.96x | Rs-1.98 Million |
| 2009 | 0.07% | 0.09% | 0.38x | 1.86x | Rs-265.39 Million |
| 2010 | -6.08% | -11.06% | 0.29x | 1.86x | Rs-404.97 Million |
| 2011 | 1.81% | 2.85% | 0.39x | 1.63x | Rs-239.24 Million |
| 2012 | 1.25% | 2.11% | 0.37x | 1.59x | Rs-263.08 Million |
| 2013 | 0.28% | 0.58% | 0.30x | 1.57x | Rs-295.71 Million |
| 2014 | 0.38% | 0.81% | 0.31x | 1.50x | Rs-296.17 Million |
| 2015 | 0.56% | 1.25% | 0.30x | 1.47x | Rs-292.38 Million |
| 2016 | 0.50% | 1.37% | 0.25x | 1.48x | Rs-299.20 Million |
| 2017 | 0.73% | 2.27% | 0.22x | 1.45x | Rs-304.24 Million |
| 2018 | 1.45% | 4.13% | 0.25x | 1.42x | Rs-289.11 Million |
| 2019 | 1.44% | 3.82% | 0.27x | 1.42x | Rs-285.14 Million |
| 2020 | 0.52% | 1.69% | 0.22x | 1.41x | Rs-316.84 Million |
| 2021 | -3.56% | -14.77% | 0.17x | 1.42x | Rs-451.88 Million |
| 2022 | 0.63% | 1.75% | 0.26x | 1.40x | Rs-318.33 Million |
| 2023 | 1.94% | 3.98% | 0.32x | 1.53x | Rs-285.46 Million |
| 2024 | 1.40% | 2.76% | 0.34x | 1.50x | Rs-314.22 Million |
| 2025 | 2.64% | 4.85% | 0.36x | 1.53x | Rs-273.68 Million |
Industry Comparison
This section compares Murudeshwar Ceramics Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,828,013,013
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Murudeshwar Ceramics Limited (MURUDCERA) | Rs3.74 Billion | 10.98% | 0.56x | $21.79 Million |
| Ahlada Engineers Limited (AHLADA) | $128.29 Million | 17.65% | 2.34x | $6.34 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.07 Billion | 9.31% | 0.57x | $214.97 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.23 Billion | 9.18% | 1.03x | $4.43 Million |
| Beardsell Limited (BEARDSELL) | $709.61 Million | 11.59% | 1.26x | $11.03 Million |
| Bigbloc Construction Limited (BIGBLOC) | $1.09 Billion | 28.25% | 1.70x | $74.03 Million |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $3.96 Billion |
| Cera Sanitaryware Limited (CERA) | $11.83 Billion | 17.70% | 0.42x | $732.50 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $548.14 Million |
| Everest Industries Limited (EVERESTIND) | $2.50 Billion | 21.15% | 1.09x | $65.00 Million |
| Exxaro Tiles Limited (EXXARO) | $1.21 Billion | 9.33% | 2.21x | $33.72 Million |
About Murudeshwar Ceramics Limited
Murudeshwar Ceramics Ltd. manufactures and trades in ceramic and vitrified floor and wall tiles in India, the Americas, Europe, and internationally. The company offers wall tiles, such as bathroom, kitchen, and outdoor tiles; digital wall tiles; and floor tiles, including glazed and polished glazed vitrified, double charge, soluble salt, full body, and exterior tiles under the Naveen Ceramic Tile… Read more