---
title: "Euro Ceramics Ltd (EUROCERA) — Share Price, Financials & Analysis"
symbol: "EUROCERA"
company: "Euro Ceramics Ltd"
canonical: "https://tapetide.com/stocks/EUROCERA"
isin: "INE649H01011"
nse_symbol: "EUROCERA"
bse_code: "532823"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T19:08:13.514Z"
---

# Euro Ceramics Ltd (EUROCERA)

Canonical page: https://tapetide.com/stocks/EUROCERA

## Company

- **NSE Symbol:** EUROCERA
- **BSE Code:** 532823
- **ISIN:** INE649H01011
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2007-03-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** eurocl.com

## About

Euro Ceramics is engaged in the Business of Marble and Real Estate.

## Latest Price

- **Price:** ₹1.05
- **Change:** 0 (0%)
- **Open:** ₹0
- **Day High:** ₹1.1
- **Day Low:** ₹1.05
- **Previous Close:** ₹1.05
- **Volume:** 0

## Key Insights

### Strengths

- Debtor days have improved from 301 to 53.2 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -23.8% over past five years.
- Contingent liabilities of Rs.46.9 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -6% | — | -2% |
| revenue growth | 11% | -5% | -24% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2006 | Sep 2006 | Dec 2006 | Mar 2007 | Jun 2007 | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 44.08 | 47.62 | 56.82 | 65.98 | 63.59 | 67.69 | 83.95 | 72.22 | 70.24 |
| Expenses | 31.32 | 30.89 | 39.62 | 44.36 | 46.98 | 44.52 | 65.03 | 55.67 | 53.19 |
| Operating Profit | 12.76 | 16.73 | 17.2 | 21.62 | 16.61 | 23.17 | 18.92 | 16.55 | 17.05 |
| OPM % | 28.95 | 35.13 | 30.27 | 32.77 | 26.12 | 34.23 | 22.54 | 22.92 | 24.27 |
| Other Income | 0.05 | 0.02 | 0.03 | 0.49 | 1.59 | 0.58 | 7.55 | -7.02 | 0.08 |
| Interest | 3.06 | 3.75 | 3.4 | 4.6 | 4.14 | 7.65 | 7.96 | 7.6 | 9.32 |
| Depreciation | 2.65 | 2.44 | 3.24 | 3.07 | 3.08 | 3.9 | 4.05 | 4.03 | 4.76 |
| Profit before tax | 7.1 | 10.56 | 10.59 | 14.44 | 10.98 | 12.2 | 14.46 | -2.1 | 3.05 |
| Tax % | 23.52 | 26.7 | 31.82 | 25.14 | 25.87 | 28.28 | 32.92 | -317.62 | -39.02 |
| Net Profit | 5.41 | 7.71 | 7.13 | 10.8 | 8.1 | 8.7 | 9.61 | 4.48 | 4.2 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 232 | 417 | 185 | 90 | 84 | 51 | 25 | 11 | 19 | 22 |
| Expenses | 206 | 300 | 209 | 121 | 89 | 50 | 41 | 23 | 33 | 45 |
| Operating Profit | 26 | 117 | -23 | -30 | -5 | 0 | -16 | -12 | -14 | -24 |
| OPM % | 11 | 28 | -13 | -34 | -6 | 0.4 | -64 | -115 | -70 | -109 |
| Other Income | 5 | 2 | 0 | 1 | 1 | -33 | 5 | 85 | 10 | -397 |
| Interest | 49 | 60 | 50 | 54 | 2 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 23 | 29 | 29 | 30 | 30 | 29 | 20 | 20 | 20 | 19 |
| Profit before tax | -41 | 29 | -103 | -113 | -36 | -62 | -32 | 52 | -24 | -440 |
| Tax % | 0 | 3 | 0 | 0 | 0 | 0 | -47 | 0 | 22 | 0 |
| Net Profit | -41 | 29 | -103 | -113 | -36 | -62 | -17 | 52 | -29 | -441 |
| EPS in Rs | — | — | -38.99 | -39.56 | -10.54 | -18.38 | -5.1 | 15.4 | -8.65 | -130.6 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17 | 17 | 26 | 29 | 34 | 34 | 34 | 34 | 34 | 34 |
| Reserves | 114 | 157 | 44 | -66 | -94 | -215 | -232 | -109 | -138 | -579 |
| Borrowings | 556 | 441 | 515 | 546 | 528 | 526 | 521 | 327 | 311 | 303 |
| Other Liabilities | 66 | 178 | 115 | 94 | 87 | 85 | 81 | 112 | 110 | 505 |
| Total Liabilities | 753 | 792 | 700 | 603 | 554 | 431 | 404 | 364 | 317 | 263 |
| Fixed Assets | 457 | 457 | 454 | 427 | 402 | 313 | 286 | 193 | 172 | 152 |
| CWIP | 42 | 31 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Other Assets | 251 | 302 | 240 | 169 | 151 | 116 | 116 | 170 | 144 | 111 |
| Total Assets | 753 | 792 | 700 | 603 | 554 | 431 | 404 | 364 | 317 | 263 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 74 | 103 | 26 | 42 | 9 | 1 | 3 | -215 | -3 | -1 |
| Cash from Investing Activity | -22 | -17 | -2 | -4 | 1 | 1 | 0 | 101 | 11 | 10 |
| Cash from Financing Activity | -58 | -87 | -20 | -44 | -10 | -2 | -1 | 110 | -9 | -8 |
| Net Cash Flow | -6 | -1 | 3 | -6 | 0 | 0 | 2 | -4 | -1 | 1 |
| Free Cash Flow | 51 | 85 | 23 | 39 | 9 | 1 | 3 | -115 | 7 | 5 |
| CFO/OP | 287 | 94 | -108 | -138 | -167 | 645 | -20 | 1733 | 19 | 5 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 137 | 74 | 103 | 79 | 59 | 94 | 267 | 639 | 210 | 53 |
| Inventory Days | 396 | 215 | 239 | 342 | 247 | 527 | 371 | 1077 | 380 | 58 |
| Days Payable | 152 | 117 | 184 | 262 | 228 | 455 | 438 | 1317 | 585 | 145 |
| Cash Conversion Cycle | 380 | 172 | 157 | 159 | 79 | 166 | 200 | 399 | 5 | -34 |
| Working Capital Days | 305 | -16 | -34 | -411 | -1850 | -3325 | -6765 | -12497 | -7025 | -13434 |
| ROCE % | 1 | 14 | -8 | -11 | -7 | -6 | -9 | 1 | -14 | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 10.5% | 10.5% | 10.5% | 10.5% | 10.09% |
| FIIs | 5.91% | 0.3% | 0.3% | 0.3% | 0.3% |
| DIIs | 8.61% | 5.47% | 4.08% | 3.76% | 3.03% |
| Public | 74.98% | 83.73% | 85.13% | 85.45% | 86.58% |
| No. of Shareholders | 7985 | 9297 | 9326 | 9216 | 5337 |

### Quarterly

| Category | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.5% | 10.09% |
| FIIs | 4.59% | 3.19% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| DIIs | 6.45% | 6.45% | 5.47% | 4.21% | 4.21% | 4.08% | 4.08% | 4.08% | 4.08% | 4.08% | 3.76% | 3.03% |
| Public | 78.46% | 79.87% | 83.73% | 84.99% | 84.99% | 85.13% | 85.13% | 85.13% | 85.13% | 85.13% | 85.45% | 86.58% |
| No. of Shareholders | 8321 | 8629 | 9297 | 9565 | 9423 | 9378 | 9326 | 9257 | 9264 | 9253 | 9216 | 5337 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 19.08 | Buy |
| EMA (10) | 19.09 | Buy |
| SMA (20) | 20.11 | Sell |
| EMA (20) | 19.79 | Sell |
| SMA (50) | 21.17 | Sell |
| EMA (50) | 21.02 | Sell |
| SMA (100) | 22.73 | Sell |
| EMA (100) | 22.33 | Sell |
| SMA (200) | 24.42 | Sell |
| EMA (200) | 24.29 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.33 | Neutral |
| MACD (12,26,9) | -0.86 | Sell |
| Stochastic (14,3,3) | 33.33 | Neutral |
| ADX (14) | 20.93 | Neutral |
| Williams %R (14) | -57.11 | Neutral |
| ATR (14) | 1.51 | High Volatility |
| ROC (12) | -6.63 | Sell |
| Stoch RSI (14) | 97.44 | Sell |
| UO (7,14,28) | 47.37 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-03-26 | [Corporate Action-Outcome of Capital Reduction](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58464e8a-a6d6-4c84-bd81-6d027a5213b1.pdf) |
| 2026-03-26 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95d40ab9-f053-40a6-bd32-0ae3c55d97cf.pdf) |
| 2021-03-10 | [Closure of Factory - Liquidation Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=AED19DF1-6E1B-4140-92E5-E615A4183A12-131728.pdf) |
| 2021-03-10 | [Liquidation of Euro Ceramics Ltd](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8A7CED15-90AB-42A4-89A0-31ECC96734EA-131931.pdf) |
| 2020-03-05 | [Reg. 34 (1) Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c29446a3-421e-495f-91da-03c0d77f6adf.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 26 Mar - NCLT ordered extinguishment of paid-up capital and delisting; Jaquar buyer; order dated 13 Aug 2025. | [Corporate Action-Outcome of Capital Reduction 26 Mar - NCLT ordered extinguishment of paid-up capital and delisting; Jaquar buyer; order dated 13 Aug 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/58464e8a-a6d6-4c84-bd81-6d027a5213b1.pdf) |
| 26 Mar - NCLT approved sale of Euro Ceramics to Jaquar for Rs 42.9 crore; liabilities extinguished, assets transferred. | [Announcement under Regulation 30 (LODR)-Allotment 26 Mar - NCLT approved sale of Euro Ceramics to Jaquar for Rs 42.9 crore; liabilities extinguished, assets transferred.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95d40ab9-f053-40a6-bd32-0ae3c55d97cf.pdf) |
| 10 Mar 2021 - National Company Law Tribunal Mumbai (Court) has vide its order dated: December 01, 2020 in M.A. 3841 in CP (IB) 66 / MB / 2018 … | [Liquidation of Euro Ceramics Ltd 10 Mar 2021 - National Company Law Tribunal Mumbai (Court) has vide its order dated: December 01, 2020 in M.A. 3841 in CP (IB) 66 / MB / 2018 …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8A7CED15-90AB-42A4-89A0-31ECC96734EA-131931.pdf) |
| — | [Closure of Factory - Liquidation Order 10 Mar 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/AED19DF1-6E1B-4140-92E5-E615A4183A12-131728.pdf) |
| — | [Reg. 34 (1) Annual Report 5 Mar 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c29446a3-421e-495f-91da-03c0d77f6adf.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_EUROCERA_2010_2011_11102011033232.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_EUROCERA_2009_2010_08042011105554.zip) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230312.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:08:13.514Z.