Orient Bell Ltd
NSE:ORIENTBELL
Orient Bell Ltd
Orient Bell Ltd. is a holding company, which engages in the manufacture of ceramic tiles. The company is headquartered in New Delhi, Delhi and currently employs 853 full-time employees. The company went IPO on 2007-02-14. The firm's ceramic tiles include wall tiles and floor tiles. Its vitrified tiles include glazed vitrified (GVT), full body vitrified, double charge and polished vitrified (PVT) tiles. Its wall and floor tiles are available in various colors, such as beige, black, blue and brown. The firm also offers bathroom tiles, kitchen tiles, room tiles, marble tiles, wooden tiles and others. Its products include PGVT Calacatta Natura, GFT BDF Rustic Arc Jaiselmer, DGVT Hardstone Brown, ODH Amelia Decor HL, EHM Slump Block Cotto, ODH Bottichino Beige, ODH Jagna HL, GFT SPH Sawtooth Blue HL, ODH Piano Floral HL, ODH Diamond Cross HL, GFT SPH Geometric Gray HL, ODH Trapezoid Blue HL, PGVT Brown Streak Binaco, DGVT Rio Wood, Lara Gold and others. Its manufacturing facilities are situated at Sikandrabad (Uttar Pradesh), Dora (Gujarat) and Hoskote (Karnataka).
Orient Bell Ltd. is a holding company, which engages in the manufacture of ceramic tiles. The company is headquartered in New Delhi, Delhi and currently employs 853 full-time employees. The company went IPO on 2007-02-14. The firm's ceramic tiles include wall tiles and floor tiles. Its vitrified tiles include glazed vitrified (GVT), full body vitrified, double charge and polished vitrified (PVT) tiles. Its wall and floor tiles are available in various colors, such as beige, black, blue and brown. The firm also offers bathroom tiles, kitchen tiles, room tiles, marble tiles, wooden tiles and others. Its products include PGVT Calacatta Natura, GFT BDF Rustic Arc Jaiselmer, DGVT Hardstone Brown, ODH Amelia Decor HL, EHM Slump Block Cotto, ODH Bottichino Beige, ODH Jagna HL, GFT SPH Sawtooth Blue HL, ODH Piano Floral HL, ODH Diamond Cross HL, GFT SPH Geometric Gray HL, ODH Trapezoid Blue HL, PGVT Brown Streak Binaco, DGVT Rio Wood, Lara Gold and others. Its manufacturing facilities are situated at Sikandrabad (Uttar Pradesh), Dora (Gujarat) and Hoskote (Karnataka).
Revenue Growth: Orient Bell reported a 3.4% year-on-year increase in Q3 FY'26 revenue, with 9-month revenue up 1.1% to INR 474 crores.
Profitability: Q3 EBITDA surged 35% year-on-year to INR 10.8 crores, and profit before tax rose to INR 4.7 crores from INR 1.4 crores last year.
Cost Efficiency: Manufacturing costs dropped 4.5% (normalized), supporting higher margins even as some savings were passed to customers.
Segment Mix: Vitrified tiles now make up 61% of sales (GVT at 44%), indicating continued premiumization.
Exports & Market Outlook: Industry exports up 8% (April–November), and management is optimistic about demand from both exports and domestic construction activity.
Strong Balance Sheet: Net debt nearly zero (INR 0.1 crores); working capital cycle remains healthy at 31 days.
Retail Focus & Digitization: Retail remains a key focus, with investments in digital tools and distribution, and over 40% of sales coming from OBTB stores.
