Risk factor
Very poor trading liquidity
Profitability factor
Good growth
About
Orient Ceratech Limited, established in 1971 and headquartered in Mumbai, India, primarily manufactures and trades aluminum refractories and monolithic products, serving both the Indian and international markets. The company's business activities are bifurcated into two main divisions: Alumina Refractory Products & Bauxite Ores, and Power Generation. In its core refractories segment, Orient Ceratech provides a diverse array of aluminous raw materials crucial for grinding wheel and refractory manufacturers. These include calcined bauxite, various types of fused alumina (brown, white, and pink), white fused mullite, fused zirconia mullite, fused alumina-magnesia spinel, high alumina refractory cement, and calcined bauxite aggregates. Additionally, the company supplies monolithic materials such as conventional, dense, and low cement castables, refractory mortars, and ceramic proppants. It also operates bauxite ore mines situated in Gujarat. Beyond its material production, the Power Generation segment is involved in producing and supplying wind energy to state electricity distribution companies in Rajasthan and Karnataka. The company was previously known as Orient Abrasives Limited until its name change in May 2023.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT