ASSOCER
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What does Associated Ceramics do?
Founded in 1970, Associated Ceramics Ltd. is an independent manufacturer of refractory products such as fire bricks, fire clay powder, and liquid binder. With over 34 years of experience, ACL supplies various refractories to heat containment industries.
Who are the competitors of Associated Ceramics?
Associated Ceramics major competitors are Lerthai Finance, SP Refractories, Raasi Refractories, Nilachal Refactories, Refractory Shapes, Orient Ceratech, Foseco Crucible Ind. Market Cap of Associated Ceramics is ₹43 Crs. While the median market cap of its peers are ₹90 Crs.
Is Associated Ceramics financially stable compared to its competitors?
Associated Ceramics seems to be less financially stable compared to its competitors. Altman Z score of Associated Ceramics is 2.8 and is ranked 5 out of its 8 competitors.
Does Associated Ceramics pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Associated Ceramics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Associated Ceramics allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Associated Ceramics balance sheet?
Balance sheet of Associated Ceramics is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Associated Ceramics improving?
Yes, profit is increasing. The profit of Associated Ceramics is ₹3.21 Crs for TTM, ₹2.16 Crs for Mar 2025 and ₹0.86 Crs for Mar 2024.
Is the debt of Associated Ceramics increasing or decreasing?
Yes, The net debt of Associated Ceramics is increasing. Latest net debt of Associated Ceramics is -₹0.42 Crs as of Sep-25. This is greater than Mar-25 when it was -₹5.76 Crs.
Is Associated Ceramics stock expensive?
Associated Ceramics is not expensive. Latest PE of Associated Ceramics is 13.26, while 3 year average PE is 34.13. Also latest EV/EBITDA of Associated Ceramics is 6.31 while 3yr average is 10.56.
Has the share price of Associated Ceramics grown faster than its competition?
Associated Ceramics has given lower returns compared to its competitors. Associated Ceramics has grown at ~-9.74% over the last 1yrs while peers have grown at a median rate of -3.9%
Is the promoter bullish about Associated Ceramics?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Associated Ceramics is 55.34% and last quarter promoter holding is 55.34%.
Are mutual funds buying/selling Associated Ceramics?
There is Insufficient data to gauge this.
