# Morganite Crucible (India) share price (Morganite Crucible (India) Ltd, NSE: MORGANITE)

> Morganite Crucible (India) share price: ₹1,335.30 at the NSE close on 6 March 2026, the latest close in our records; up 2.9% in the year to that date. Morganite Crucible (India) (NSE: MORGANITE) is worth ₹748 crore, trades at a P/E of 30.2 and has closed between ₹1,228.40 and ₹1,713.85 over the past 52 weeks. > Morganite Crucible (India) Ltd's earnings have grown faster than its share price. Earnings per share grew +17.2% in a year while the price moved +2.9%. MORGANITE · Refractories · data as of 6 March 2026. Page: https://www.sectoralpha.in/stocks/morganite-crucible-indialtd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹1,335.30 (+2.9% in a year)
- P/E: 30.2× (higher than 60% of the last 10 years)
- Revenue (Dec 2025): ₹46.1 Cr (+3.2% on a year ago)
- Profit (Dec 2025): ₹5.6 Cr (−29.0% on a year ago)
- Operating margin: 30.8% (+7.3 points on a year ago)
- ROCE: 30%, FY25
- Profit that came in as cash: 149%, last 3 years

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Morganite Crucible (India) share price? Morganite Crucible (India) Ltd's share price was ₹1,335.30 at the close on 6 March 2026. It has been falling for 7 weeks. That is 10.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,228 and ₹1,714, and at that close it sat 22% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 19 weeks running. Over the last 10 years the share price moved +533% while the NIFTY 500 moved +260%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 24 October 2025. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Morganite Crucible (India) this quarter? Two changes stood out: best operating margin in 13 quarters and highest quarterly revenue in 13 quarters. 1. Best operating margin in 13 quarters Operating margin was 30.8% in the December 2025 quarter, against 23.5% a year earlier. 2. Highest quarterly revenue in 13 quarters Revenue of ₹46 crore in the December 2025 quarter is the highest of the last 13 quarters. ## What dividend does Morganite Crucible (India) pay? The NSE corporate-actions record has no dividend for Morganite Crucible (India) since 1 April 2021, so this page cannot show amounts per share. Yes. Morganite Crucible (India) Ltd paid out 100% of its profit as dividends in FY25, and it paid a dividend in 11 of its last 12 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Morganite Crucible (India)'s latest quarterly results? For October to December 2025 (the quarter ended 31 December 2025), Morganite Crucible (India) reported revenue of ₹46.1 crore, up 3.2% from ₹44.7 crore a year earlier, and a profit of ₹5.57 crore, down 29.0% from ₹7.85 crore. ### Morganite Crucible (India) results: October to December 2025 against a year earlier

| Measure | October to December 2025 | October to December 2024 | Change |
| --- | --- | --- | --- |
| Revenue | ₹46.1 crore | ₹44.7 crore | +3.2% |
| Profit | ₹5.57 crore | ₹7.85 crore | −29.0% |
| Earnings per share | ₹9.95 | ₹14.02 | −29.0% |
| Operating margin | 30.8% | 23.5% | +7.3 points |

The next results, for January to March 2026, are due by 30 May 2026: listed companies must publish quarterly results within 60 days of the quarter's end (the January to March quarter comes with the full-year accounts). (From the company's reported quarterly results (quarter ended 31 December 2025). Revenue and profit in ₹ crore.)

## What is the Morganite Crucible (India) share price history? Morganite Crucible (India) closed at ₹1,335.30 on 6 March 2026, up 2.9% from ₹1,298.00 a year earlier (7 March 2025) and up 61.6% over five years. Its highest weekly close since March 2016 was ₹1,925.15 on 18 October 2024. ### Morganite Crucible (India) share price: then and now

| When | Close | Change to 6 Mar 2026 |
| --- | --- | --- |
| 1 week ago · 27 Feb 2026 | ₹1,310.20 | +1.9% |
| 1 month ago · 6 Feb 2026 | ₹1,449.80 | −7.9% |
| 6 months ago · 5 Sep 2025 | ₹1,672.75 | −20.2% |
| 1 year ago · 7 Mar 2025 | ₹1,298.00 | +2.9% |
| 3 years ago · 3 Mar 2023 | ₹879.25 | +51.9% |
| 5 years ago · 5 Mar 2021 | ₹826.05 | +61.6% |
| 10 years ago · 11 Mar 2016 | ₹211.00 | +532.8% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹211.00 | +532.8% |
| Highest weekly close since March 2016 · 18 Oct 2024 | ₹1,925.15 | −30.6% |
| Lowest weekly close since March 2016 · 23 Mar 2016 | ₹195.00 | +584.8% |
| 52-week high (weekly close) · 22 Aug 2025 | ₹1,713.85 | −22.1% |
| 52-week low (weekly close) · 28 Mar 2025 | ₹1,228.40 | +8.7% |

Weekly closing prices. Each change is the move from that price to the 6 Mar 2026 close. A day's intraday high or low can go beyond these weekly closes. (522 weekly closes from 11 March 2016 to 6 March 2026.)

## What is the latest news on Morganite Crucible (India)? 6 Mar 2026: Morganite Crucible (India) closed at ₹1,335.30, up 1.9% on the week and down 7.9% on the month. Results for October to December 2025: Revenue up 3.2% and profit down 29.0% on a year earlier. ## Which stock lists is Morganite Crucible (India) on? Morganite Crucible (India) is not on any of our India lists this week. ## Is Morganite Crucible (India) profitable? Morganite Crucible (India) Ltd earned ₹5.6 Cr of net profit in the Dec 2025 quarter, −29.0% on the same quarter a year earlier. Full-year FY25 profit was ₹28.0 Cr. Over 10 years profit has grown 16.7% a year on average. That is 12.1% of the quarter's revenue. The same quarter a year earlier earned ₹7.8 Cr. For the full year, FY25 profit was ₹28.0 Cr (+21.7% on the year before). Why profit moved: revenue changed +3.2% on a year earlier and the margin moved +7.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +63.4% and revenue +3.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Morganite Crucible (India) make, and is it growing? Morganite Crucible (India) Ltd reported ₹46.1 Cr of revenue in the Dec 2025 quarter, +3.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 6.9% a year on average. The last full year, FY25, came in at ₹174 Cr. The last four reported quarters add to ₹177 Cr. FY25 revenue was ₹174 Cr, +3.6% on the year before. Recent pace: the last four quarters grew +3.0% on average, against 6.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.0%, against +4.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −9.3%, against −3.6% a year (rolling over). ## How much of every ₹100 of sales does Morganite Crucible (India) keep? Morganite Crucible (India) Ltd's operating margin was 30.8% in the Dec 2025 quarter, 7.3 percentage points higher than the same quarter a year ago. Across 12 years it has been between 10.0% and 26.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +7.3 percentage points on the year while gross margin changed +3.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Morganite Crucible (India)'s profit turning into cash? Over the last 3 years, 149% of Morganite Crucible (India) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹25.0 Cr of operating cash against ₹28.0 Cr of profit. After ₹32.0 Cr of spending on assets, free cash was −₹7.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 149% of profit came in as cash: the cash cycle got 76 days shorter between FY20 and FY25, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building. ## Where does Morganite Crucible (India)'s cash go? Morganite Crucible (India) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 2 days in FY25, down from 78 days in FY20. It spent ₹57.0 Cr on assets over the last 3 years. Customers take 65 days to pay, and stock sits for 100 days on average. At FY25 sales of ₹174 Cr, each day of that cycle ties up about ₹0.5 Cr, so roughly ₹1.0 Cr is tied up in the business at any time. FY25: customers took 65 days to pay and stock sat for 100 days, about 3.3 months of sales sitting as stock, for a full cycle of 2 days, shorter than FY20's 78. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 100 days. Customers pay about 65 days after that. Suppliers are paid at 164 days. Together that makes the 2-day cycle. Spending on assets: ₹57.0 Cr over the last 3 years, against ₹25.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹4.0 Cr (FY25): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Morganite Crucible (India)'s P/E ratio, and how does it compare with its own history? Morganite Crucible (India) Ltd's P/E is 30.2×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 27.6×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Dec 2025 add up to ₹41.07. Why the multiple is where it is: over the past year earnings per share moved +17.2% while the price moved +2.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +10.1% a year; about +16.5% a year came from earnings growth and about −6.4 percentage points from the multiple (the market paying less); over 10 years the price moved +20.3% a year; about +13.4% a year came from earnings growth and about +6.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Morganite Crucible (India) share price assume? Worked out from its price on 13 June 2026, Morganite Crucible (India) Ltd's share price assumed profit growth of about 18.6% a year. Over the past 10 years its profit actually grew 16.7% a year. Today its P/E is 30.2×, higher than 60% of its own last 10 years. This is a one-day reading, taken on 13 June 2026. Every other number on this page, the multiple included, uses the latest price as of 6 March 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Morganite Crucible (India) business getting better or worse? Morganite Crucible (India) Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 30.0%; each line tells part of the story. This is based on 9 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Morganite Crucible (India) earn on its capital? Morganite Crucible (India) Ltd earned a ROCE of 30% in FY25. That is up from a low of 8% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 16.1% net margin and 1.02× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 16.1% net margin × 1.02× asset turnover × 1.29× leverage (assets divided by equity) ≈ 21.2% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. ## Does Morganite Crucible (India) have too much debt? Morganite Crucible (India) Ltd had ₹1.0 Cr of borrowings against ₹132 Cr of equity in FY25, so its debt is 0.01× its equity. Over 5 years borrowings went from ₹0.0 Cr to ₹1.0 Cr. Over the last 3 of those years it spent ₹57.0 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the Morganite Crucible (India) shareholding pattern? Domestic institutions raised their stake in Morganite Crucible (India) Ltd by 1.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 1.2% of the company. Foreign institutions moved +0.2 points over the same period, to 0.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.2 points over 8 quarters, to 1.2%; Foreign institutions: +0.2 points over 8 quarters, to 0.2%; Promoters: +0.0 points over 8 quarters, to 75.0%. Why the owners changed: domestic institutions drove it (+1.2 points). They raised their stake step by step. ## How far is Morganite Crucible (India) from balance-sheet trouble? For Morganite Crucible (India) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Morganite Crucible (India) rank in its industry? 52.5 out of 100, rank 8 of 8 in Refractories, with 40% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Morganite Crucible (India) Ltd scores 52.5 out of 100 against the 8 companies it is compared with in Refractories, ranking 8. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 20 + 21.6 + 10.9 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Morganite Crucible (India) compared with? Morganite Crucible (India) ranks 8 of 8 Refractories companies on the 4-Factor Sector Score, with 52.5 out of 100. 1. [Monolithisch India Ltd](https://www.sectoralpha.in/stocks/monolithisch-india-ltd) MONOLITH · leader · Sector-leading setup · 83% evidence 81.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.0/35 · Revenue 58.4% · Profit 100% · Operating margin change 10 points · 100% evidence Capital efficiency 19.0/25 · ROCE 34.8% · Operating margin 29% · 100% evidence Valuation 8.9/20 · P/E 78.9× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 64.5% · Lead over NIFTY 500 89.7% · 1 year 177.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 34 + 19 + 8.9 + 20 = 81.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Orient Ceratech Ltd](https://www.sectoralpha.in/stocks/orient-ceratech-ltd) ORIENTCER · losing its lead · Most evidence points up · 81% evidence 69.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 24.4% · Profit 100% · Operating margin change 8 points · 88% evidence Capital efficiency 11.3/25 · ROCE 10.4% · Operating margin 16.1% · 100% evidence Valuation 18.6/20 · P/E 13.8× · PEG 0.99 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.3% · 1 year 5.8% · 25% evidence · 8 of 11 weeks ahead Exact sum: 29.5 + 11.3 + 18.6 + 9.6 = 69 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Raghav Productivity Enhancers Ltd](https://www.sectoralpha.in/stocks/raghav-productivity-enhancers-ltd) RPEL · leader · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 38.2% · Profit 54.4% · Operating margin change 1 points · 100% evidence Capital efficiency 19.6/25 · ROCE 30.3% · Operating margin 30% · 100% evidence Valuation 2.5/20 · P/E 109× · PEG 2.31 · 100% evidence Relative strength 17.0/20 · Lead over its industry 36.4% · Lead over NIFTY 500 58.8% · 1 year 113% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.2 + 19.6 + 2.5 + 17 = 65.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Foseco Crucible (India) Ltd](https://www.sectoralpha.in/stocks/foseco-crucible-indialtd) leader · Evidence leans up · 72% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.3/35 · Revenue 2.3% · Profit -7.7% · Operating margin change 8 points · 95% evidence Capital efficiency 20.8/25 · ROCE 33.2% · Operating margin 36% · 95% evidence Valuation 11.8/20 · P/E 23× · PEG n/a · 50% evidence Relative strength 11.4/20 · Lead over its industry n/a · Lead over NIFTY 500 29.4% · 1 year 18.2% · 25% evidence · 12 of 12 weeks ahead Exact sum: 15.3 + 20.8 + 11.8 + 11.4 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [IFGL Refractories Ltd](https://www.sectoralpha.in/stocks/ifgl-refractories-ltd) IFGLEXPOR · quiet · Evidence leans down · 96% evidence 37.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue 15.4% · Profit 41.4% · Operating margin change -1 points · 88% evidence Capital efficiency 4.6/25 · ROCE 4.9% · Operating margin 7% · 100% evidence Valuation 13.4/20 · P/E 27.4× · PEG 0.5 · 100% evidence Relative strength 3.5/20 · Lead over its industry -26.1% · Lead over NIFTY 500 -10.3% · 1 year -34.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 16.4 + 4.6 + 13.4 + 3.5 = 37.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Vesuvius India Ltd](https://www.sectoralpha.in/stocks/vesuvius-india-ltd) VESUVIUS · quiet · Most evidence points down · 96% evidence 29.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.9/35 · Revenue 8.9% · Profit 2.8% · Operating margin change -1 points · 88% evidence Capital efficiency 12.3/25 · ROCE 21.3% · Operating margin 16% · 100% evidence Valuation 5.2/20 · P/E 28.6× · PEG 6.3 · 100% evidence Relative strength 1.0/20 · Lead over its industry -33.5% · Lead over NIFTY 500 -18.1% · 1 year -27% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.9 + 12.3 + 5.2 + 1 = 29.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [RHI Magnesita India Ltd](https://www.sectoralpha.in/stocks/rhi-magnesita-india-ltd) RHIM · quiet · Most evidence points down · 86% evidence 29.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.7/35 · Revenue 8.4% · Profit -80% · Operating margin change 3 points · 88% evidence Capital efficiency 5.1/25 · ROCE 6.5% · Operating margin 14% · 100% evidence Valuation 10.9/20 · P/E 38.4× · PEG n/a · 50% evidence Relative strength 4.5/20 · Lead over its industry -26.5% · Lead over NIFTY 500 -9.8% · 1 year -26.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 8.7 + 5.1 + 10.9 + 4.5 = 29.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Morganite Crucible (India) Ltd this page MORGANITE · Too little evidence to rank firmly · 40% evidence 52.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/43.75 · Revenue 3% · Profit -9.3% · Operating margin change 7.3 points · 45% evidence Capital efficiency 21.6/31.25 · ROCE 30.4% · Operating margin 30.8% · 57% evidence Valuation 10.9/25 · P/E 30.2× · PEG n/a · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 20 + 21.6 + 10.9 = 52.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Refractories](https://www.sectoralpha.in/sectors/refractories), all 8 compared on one page. ## Which companies are close to Morganite Crucible (India) in size? Morganite Crucible (India) is the 7th largest of 8 Refractories companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Vesuvius India, RHI Magnesita India, Monolithisch India, IFGL Refractories and Foseco Crucible (India). Just below it: Orient Ceratech. ### Refractories companies close in size

1. [Vesuvius India Ltd](https://www.sectoralpha.in/stocks/vesuvius-india-ltd) ₹7,314 crore
2. [RHI Magnesita India Ltd](https://www.sectoralpha.in/stocks/rhi-magnesita-india-ltd) ₹7,192 crore
3. [Monolithisch India Ltd](https://www.sectoralpha.in/stocks/monolithisch-india-ltd) ₹2,796 crore
4. [IFGL Refractories Ltd](https://www.sectoralpha.in/stocks/ifgl-refractories-ltd) ₹1,176 crore
5. [Foseco Crucible (India) Ltd](https://www.sectoralpha.in/stocks/foseco-crucible-indialtd) ₹1,032 crore
6. Morganite Crucible (India) Ltd ₹748 crore
7. [Orient Ceratech Ltd](https://www.sectoralpha.in/stocks/orient-ceratech-ltd) ₹467 crore

[All 8 Refractories companies, largest first](https://www.sectoralpha.in/sectors/refractories#all-companies)

### Companies close in size in other industries

1. [Sandesh Ltd](https://www.sectoralpha.in/stocks/sandesh-ltd) ₹749 crore · Newspaper
2. [Kokuyo Camlin Ltd](https://www.sectoralpha.in/stocks/kokuyo-camlin-ltd) ₹748 crore · Printing & Stationery
3. Morganite Crucible (India) Ltd ₹748 crore
4. [Neetu Yoshi Ltd](https://www.sectoralpha.in/stocks/neetu-yoshi-ltd) ₹747 crore · Castings - Steel/Alloy
5. [Tandhan Industries Ltd](https://www.sectoralpha.in/stocks/tandhan-industries-ltd) ₹747 crore · Miscellaneous

## What else do people ask about Morganite Crucible (India)? ### What were Morganite Crucible (India)'s latest quarterly results? Morganite Crucible (India) Ltd reported revenue of ₹46.1 Cr and net profit of ₹5.6 Cr for the Dec 2025 quarter. Revenue rose 3.2% and profit fell 29.0% compared with a year earlier. Earnings per share were ₹9.95. The operating margin was 30.8%, 7.3 percentage points higher than a year earlier (as of 6 March 2026). ### What is Morganite Crucible (India)'s market cap? Morganite Crucible (India) Ltd's market capitalisation is ₹748 Cr at a share price of ₹1,335.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 6 March 2026). ### How is Morganite Crucible (India) performing? Morganite Crucible (India) Ltd's share price has been falling for 7 weeks. In its latest quarter, revenue rose 3.2% and profit fell 29.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 19 weeks running (as of 6 March 2026). ### Will Morganite Crucible (India)'s share price go up? This page does not forecast Morganite Crucible (India) Ltd's share price. What it shows instead: the share price is ₹1,335.30, and it has been falling for 7 weeks. Its P/E of 30.2× is higher than 60% of its own last 10 years (as of 6 March 2026). ### Who owns Morganite Crucible (India)? Promoters own 75.0% of Morganite Crucible (India) Ltd, foreign institutions 0.2%, domestic institutions 1.2% and the public 23.6% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.2 percentage points over 8 quarters (as of 6 March 2026). ### Where is Morganite Crucible (India) in its business cycle? Morganite Crucible (India) Ltd's FY25 operating margin was 24.0%, against a 12-year range of 10.0% to 26.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 30.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 6 March 2026). ### What could break the Morganite Crucible (India) story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 6 March 2026). ### Is Morganite Crucible (India) a stock worth studying right now? What the numbers show: Morganite Crucible (India) Ltd's earnings have grown faster than its share price. Earnings per share grew +17.2% in a year while the price moved +2.9%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 6 March 2026). This is research, not advice. We’re not SEBI-registered.