About Murudeshwar Ceramics Ltd 
Murudeshwar Ceramics Ltd
Micro Cap
Ceramics/Marble/Granite/Sanitaryware
Murudeshwar Ceramics Limited (MCL) was promoted in 1983 by R N Shetty and Associates along with the KSIIDC to manufacture 12,500 tpa of glazed ceramic tiles, using the single-firing process, at Krishnapur (near Hubli), Karnataka. MCL sourced the technical know-how for the project from Sacmi Imola, (SACMI), Italy, which also supplied the plant and machinery for the project. The Company is manufacturing and trading Ceramic and Vitrified floor & wall Tiles.
Company Coordinates 
Company Details
604/B Murudeshwar Bhavan, Gokul Road Hubli Karnataka : 580030
Registrar Details
Canbank Computer Services Ltd , R & T Center , J. P. Royale, 1st Floor, No.218,2nd Main Sampige Road, Malleshwaram, Bangalore
Capital Structure 
Present Equity Capital
INR 60.55 Cr
Number of Shares
6.05 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
14-Feb-2024
6.05
60.55
2850000
10
Conversion of Warrants
30-May-2022
5.77
57.70
2747389
10
Conversion of Warrants
20-May-2022
5.77
57.70
2747389
1
Conversion of Warrants
20-May-2022
5.77
57.70
2747389
10
Conversion of Warrants
12-Feb-2022
5.49
54.95
2616559
10
Conversion of Warrants
13-Jan-2021
5.23
52.33
4757390
10
Conversion of Warrants
31-Jul-2017
4.52
45.20
2250000
10
Conversion of Warrants
31-Jul-2017
4.52
45.20
2250000
10
Conversion of Warrants
24-Mar-2017
4.3
42.95
2140000
10
Allotment of Equity To Others
30-Jul-2013
4.08
40.81
2035000
10
Conversion of Warrants
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 3 Schemes (0.0%)
FIIs
Held by 1 FIIs (0.0%)
Promoter with highest holding
Murudeshwar Power Corporation Private Limited (38.26%)
Highest Public shareholder
Sangeetha S (1.9%)
Individual Investors Holdings
23.52%
Management
Designation
Remuneration
Satish R Shetty
Chairman & Managing Director
72.0 lacs
Sunil R Shetty
Director
0
Naveen R Shetty
Director
0
S S Hiremath
Independent Director
0
Annappayya Kundapur
Independent Director
0
Keremane Sankappa Shetty
Independent Director
0
Sarvani Alva
Independent Director
0
Karan Satish Shetty
Whole-time Director
35.42 lacs
Ashok Kumar
Company Sec. & Compli. Officer
0
Sathya Murthy Padaki
Independent Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase of Traded Goods
20.4959
0%
Purchase of Traded Goods
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Vitrified Tiles
63.17
52.30%
Sale of Services - Earth Work
37.42
30.98%
Vitrified Tiles - Traded
8.73
7.23%
Vitrified Tiles
Vitrified Tiles
Sale of Services - Earth Work
Sale of Services - Earth Work
Vitrified Tiles - Traded
Vitrified Tiles - Traded
Revenue and Profits:
Net Sales:
50 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
Ceramics/Marble/Granite/Sanitaryware
INR 196 Cr (Micro Cap)
25.00
25
0.00%
-0.05
2.11%
0.52