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What is the Associated Ceramics Ltd (ASSOCER) share price today?

Associated Ceramics Ltd (ASSOCER) is trading at ₹170.35 on the BSE, down 0.44% on the day. Source: DocStoX.

What is the PE ratio of Associated Ceramics Ltd?

Associated Ceramics Ltd has a price-to-earnings (PE) ratio of 16.1 in the Commodities sector.

What is the market capitalisation of Associated Ceramics Ltd?

Associated Ceramics Ltd has a market capitalisation of approximately ₹35 crore.

Associated Ceramics Ltd

ASSOCER·BSE·Commodities

₹170.35▼ -0.75 (-0.44%)

Commodities · Other Construction Materials

A steady, established business

Day₹169.00

₹178.95

52W₹140

₹25127%

Open

₹170.00

High

₹178.95

Low

₹169.00

Prev Close

₹171.10

Volume

VWAP

₹169.74

Snapshot

Key fundamentals

Market Cap

₹35 Cr

P/E Ratio

16.13Fair

P/B Ratio

1.37

EPS

₹10.56

Book Value

₹124.69

ROE

9.15%Average

ROCE

10.78%Decent

Dividend Yield

0.00%

Debt / Equity

0.12Low

Face Value

₹10.00

52W High

₹251.00

52W Low

₹140.00

Sector

Commodities

Industry

Other Construction Materials

Avoid

None moatHigh uncertainty

Fair value estimate

₹110

▼ 35.6%downside

Trading at ₹170 — 36% above our estimate

BearFair valueBull

₹89₹110₹126

/100

Business quality — Watch the fundamentals

Growth 50Profitability 19Efficiency 14Valuation 89

Plain English

Our view

A steady, established business
Low debt relative to equity

Strengths

Low debt relative to equity
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

9% ROE fading to 13% over ~3 yrs, on ₹125 book

₹119

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹89

Analyst target

No analyst coverage

—

Blended fair value₹110

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

16.1Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

9.2%Average

Above 15% is considered healthy for Indian equities

ROCE

10.8%Decent

Above 18% means capital is working hard

Debt/Eq

0.12Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹35 Cr

P/B

1.37

EPS

₹10.56

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Attractive

P/E 16.1×

Growth

Shrinking

-7% rev CAGR

Profitability

Modest

9.2% ROE

Financial health

Rock solid

D/E 0.12

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹15,786 Cr

Trades12

VWAP₹169.74

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

-7.3%

+7.3%

10Y

+5.9%

Profit

-25.7%

-16.2%

10Y

—

EPS

-49.7%

-28.4%

10Y

—

Profile

Pros

Company has reduced debt.
Debtor days have improved from 41.5 to 26.7 days.

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
The company has delivered a poor sales growth of 7.28% over past five years.
Company has a low return on equity of 7.46% over last 3 years.

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

55%

Promoter

Promoters

55.3%0.00

Public

29.1%0.00

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

15.6%

Total shareholders

1,492

Quarterly trend

Ownership over time

Q1 FY27

Promoter55.34%

Public29.09%

Others15.57%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1970, Associated Ceramics Ltd manufactures and sells refractory items[1]