Outcome of BM held on 14.11.2025

Revenue growth above 20%Profit growth above 25%Negative operating cash flowResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+9.3%Reaction day

₹209.45

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+8.7% vs market

Other Construction Materials peers, median of 15sector+0.3%+9.0% vs sector

On the reaction day the stock moved 8.7 pts more than Nifty Microcap 250 and 9.0 pts more than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.3+0.6+8.7+0.3+9.0

Next day

+5.1-0.2+5.3-0.5+5.6

+4.6-0.4+4.9-1.3+5.9

+12.0-0.7+12.7-2.0+14.0

+5.0-2.2+7.3-2.2+7.3

+5.0-2.8+7.9-3.3+8.3

-2.0-1.4-0.5-4.0+2.0

15d

-6.9-7.0+0.1-9.3+2.4

+9.8-6.1+15.9-8.5+18.3

+2.6-9.2+11.9-5.6+8.3

-14.0-6.8-7.2-15.2+1.2

UpDownMarket · Nifty Microcap 250Sector · Other Construction Materials peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Associated Ceramics Ltd reported strong H1 FY26 (ended Sept 30, 2025) results with revenue from operations rising to ₹2,788.70 lakhs from ₹2,132.17 lakhs in H1 FY25, a growth of about 31%. Profit after tax jumped to ₹230.64 lakhs from ₹125.66 lakhs, nearly doubling year-on-year, with EPS at ₹11.28 versus ₹6.15. The board also approved the appointment of Mr. Umang Agarwal (DIN: 09720108) as Additional Executive Director, who is related to existing directors Mr. Arun Agarwal and Mr. Sharad Agarwal. The statutory auditor (Sanjay Gulab & Co.) issued an unmodified limited review report on the financials. However, operating cash flow turned negative at -₹85.88 lakhs compared to a positive ₹555.86 lakhs for the full FY25.

Likely market impact

Strong revenue and profit growth signal improving business momentum, particularly in the Refractory segment. However, the negative operating cash flow is a concern worth monitoring as it indicates working capital strain despite higher profits.