Associated Ceramics Ltd (ASSOCER) — shareholding pattern, promoter holding, financials and share price
About Associated Ceramics Ltd (ASSOCER)
Associated Ceramics Ltd operates in the Other Construction Materials industry, within the Construction Materials sector. It trades on the NSE as ASSOCER and on the BSE under scrip code 531168. Its ISIN is INE771E01010.
Incorporated in 1970, Associated Ceramics Ltd manufactures and sells refractory items [1]
Associated Ceramics Limited is primarily engaged in the manufacture and sale of refractory items, providing materials essential for high-temperature industrial applications.
The company was incorporated on September 28, 1970, with a notable stake of 54.12% held by Ultraplus Housing Estate Pvt. Ltd, indicating strategic foundational support.
Listed peers in Other Construction Materials: Divyashakti Ltd, Lerthai Finance Ltd, Neelkanth Rockminerals Ltd, Shiva Granito Export Ltd, Inani Marbles & Industries Ltd, Jai Mata Glass Ltd.
Valuation & Returns
At ₹159 a share, Associated Ceramics Ltd (ASSOCER) was valued at a price-to-earnings ratio of 16.54x against an industry P/E of 12.61x and a price-to-book of 1.35x on a book value of ₹124.69 per share. Solomo computes return on equity of 8.07% and return on capital employed of 10% from filed results.
- P/E
- 16.54x
- Industry P/E
- 12.61x
- P/B
- 1.35x
- EPS (TTM)
- ₹10.16
- Book value / share
- ₹124.69
- ROE
- 8.07%
- ROCE
- 10%
- ROA
- 5.3%
- Debt / equity
- 0.12x
- Dividend yield
- 0%
- EBITDA margin
- 13.33%
- 52-week range
- ₹140 – ₹251
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Associated Ceramics Ltd (ASSOCER) reported revenue of ₹44.4 crore, net profit of ₹2.08 crore and earnings per share of ₹10.17. That compares with revenue of ₹41.83 crore and net profit of ₹2.16 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹9.25 crore and net profit ₹-0.19 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 38.37 | 55.8 | 40.54 | 41.83 | 44.4 |
| Net profit (₹ cr) | 4.18 | 4.58 | 0.86 | 2.16 | 2.08 |
| EPS (₹) | 20.44 | 22.4 | 4.21 | 10.56 | 10.17 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.69% | 4.42% | 3.01% | 3.43% |
| Profit growth | - | -7.89% | -19.80% | 151.16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 55.34% of Associated Ceramics Ltd (ASSOCER) (unchanged from the previous quarter). Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: JUGAL KISHORE RAMRICHPAL 4.65%, FASTSPEED ENTERPRISES PRIVATE LIMITED 3.8%, JAGMOHAN KHEMANI 3.42%, PAWANSHIV VINTRADE PRIVATE LIMITED 2.49%, ICHARAJ RETAILS PRIVATE LIMITED 2.48%, EXPRESS VYAPAAR PRIVATE LIMITED 2.45%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 55.34% | - | - | - | 44.66% |
| Mar 2026 | 55.34% | - | - | - | 44.66% |
| Dec 2025 | 55.34% | - | - | - | 44.66% |
| Sep 2025 | 55.34% | - | - | - | 44.66% |
| Jun 2025 | 55.34% | - | - | - | 44.66% |
| Mar 2025 | 55.34% | - | - | - | 44.66% |
| Dec 2024 | 55.34% | - | - | - | 44.66% |
| Sep 2024 | 55.35% | - | - | - | 44.65% |