Orient Bell Ltd

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NSEBSE

365.95-5.05 (-1.36%)

03:40 PM,4th Mar 2024

365.50-3.80 (-1.03%)

04:01 PM,4th Mar 2024

BSE : 530365

NSE : ORIENTBELL

Sector : Consumer

ISIN Code : INE607D01018

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Last Updated: Mar 04 2024 | 04:01 PM IST

Market Cap (₹ Cr)

533

Turnover (₹ Cr)

0.02

Volume (Shares)

5355

Face Value

10

52-WK High

639.00

52-WK High Date

19 May 2023

52-WK Low

349.95

52-WK Low Date

15 Feb 2024

All Time High

822.15

All Time High Date

20 Jul 2022

All Time Low

13.00

All Time Low Date

28 Oct 2008

Orient Bell Ltd

Orient Bell Ltd (Formerly known Orient Ceramics & Industries Ltd) was incorporated on 18 May 1977 and is presently engaged into the manufacturing trading and selling of ceramic and floor tiles. It was promoted by K C Kejriwal in collaboration with AGRDB Germany to manufacture ceramic tiles. The erstwhile collaborators and the Indian promoters were unable to produce any saleable tiles. The company was then taken over by Somany-Pilkingtons in 1981 under the rehabilitation package from IFCI and has since repaid all its dues under the deal. Somany-Pilkingtons sold off its holdings in 1993 and Mahendra K Daga has since been at the helm of affairs.In 1998-99 the company introduced India's largest wall tiles measuring 400mm x 300mm. A new mono-firing unit was commissioned during 2000-2001.By commissioning this unit the total installed capacity of Ceramic Tiles rose upto 95000 TPA.The company issued fully paid Bonus Shares of Rs.2.34 crores in September 2000. The company's diversification plan includes trading of other building productslike sanitary waresbathroom fittings and designer tiles.During the year 2005-06 the installed capacity was raised by 20000 M.T. to 120000 M.T. and the production was 120883 M.T.The new high end product line of 'ORVIT' tiles was introduced commercially in 2008. Orient Ceramics acquired a majority stake in Bell Ceramics in December 2010 for a total enterprise valuation of around Rs 115 Crore. Orient Ceramics held 68.31% in Bell including shares acquired through Public Offer. On 30th March 2012 both companies merged to form Orient Bell Limited. The shareholders of Bell Ceramics Limited were allotted one share of Orient Bell Limited for every four shares of Bell Ceramics Limited. i.e. 1:4. The amalgamation of Bell Ceramics Limited which was acquired and made subsidiary by Company in 2010-11 was implemented and effective on 30.03.2012. And as a result the name was renamed as Orient Bell Limited with effect from 15.03.2012.The Company launched India's first online tile market for builders architects interior designers and tile retailers/sellers in 2013. Further it launched Orient International which is engaged in the import of luxury and high-end tiles from Spain Italy and Turkey; launcheddigitally printed tiles under Brand Orient in 2013. The Company's new Tile Manufacturing line at Sikandrabad (U.P.) Plant was made operational in FY 2018-19. In Q2 FY18-19 it launched ~400 new SKUs; Fusion series New Horizons & Third Fire were launched; to improve product display 47 new Orient Bell Tiles Boutiques (OBTBs) were also added during FY 2018-19 in high population density towns.The Company increased the network by adding 365 new channel partners apart from continuing investments for adding/refreshing displays - net 55 new Orientbell Tile Boutiques (OBTB) were added during FY 2022. The modernization work of the MP-1 wall plant at Sikandrabad (U.P.) was completed during the 3rd quarter of the financial year 2021-22 which added 0.7 MSM to the installed capacity. It added net 67 OBTBs (display showrooms) in FY 2023.

Orient Bell Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

533

EPS - TTM (₹) [S]

1.08

P/E Ratio (X) [S]

1.74

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 18 Jul 2023
Dividend Yield (%) 0.27
Book Value Share (₹) [S]209.81
P/B Ratio (₹) [S]1.74
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

364.50

371.35

Week Low/High

361.30

392.00

Month Low/High

349.95

392.00

Year Low/High

349.95

639.00

All time Low/High

3.33

822.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-3.23%-3.68%1.491.28%
1 Month-0.80%-0.60%2.482.52%
3 Month-8.25%-8.18%7.278.31%
6 Month-24.32%-24.34%12.5614.73%
1 Year-28.49%-28.15%23.5127.35%
3 Year64.32%64.18%45.2948.57%

Company Info

Company Information

Chairman & Wholetime Director : Mahendra K Daga

Managing Director : Madhur Daga

Director : K M Pai

Independent Director : P M Mathai

Independent Director : Tanuja Joshi

Independent Director : Sameer Kamboj

Company Sec. & Compli. Officer : Yogesh Mendiratta.

Registered Office: 8 Industrial Area, Bulandshahr District,Sikandrabad,Uttar Pradesh-203205 Ph: 91-5735-222203/22424

Email:

URL:http://www.orientbell.com