Kajaria Ceramics Ltd.

KAJARIACER

₹1032.7

-2.13% (-22.5)

Market Cap

₹16,430 Cr.

P/E

55.82

About

Kajaria Ceramics Limited, the largest manufacturer of ceramic and vitrified tiles in India, leads the industry with cutting-edge technology and a wide range of products. With a strong manufacturing pr… Read more

Kajaria Ceramics Limited, the largest manufacturer of ceramic and vitrified tiles in India, le… Read more

Low

759

52W Range

High

1579

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	1,121	1,177	1,145	1,078	1,195	1,192	1,150	1,447	1,638	1,617
Shareholders Funds	972	1,175	1,351	1,575	1,714	1,869	2,122	2,327	2,617	2,744
Profit & Loss
Operating Profit	457	496	456	449	416	509	611	592	700	613
Net Sales	2,413	2,550	2,711	2,956	2,808	2,781	3,705	4,382	4,578	4,679
Cash flow
Cash from Operating Activity	316	338	238	317	224	509	426	296	602	501
Net Capex (est)	269	142	138	114	121	101	263	208	278	196
Ratios
ROCE (%)	30.53	28.95	23.75	21.20	17.29	20.50	22.47	18.82	20.82	—
ROE (%)	23.73	21.51	17.39	14.39	14.89	16.48	17.76	14.81	16.13	—

Forensics

11 Yes

Positive for this company

2 Neutral

Neutral for this company

4 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
ROCE Strength

Roce of the company is consistently strong
Balance Sheet Strength

Balance sheet of the company is strong. but it might have issues paying it suppliers
ROE

Roe has decreased vs 10 year trend
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile

Market Share

15 %

(as of Dec 21)

Source/Historic

Tiles Segment Market Share

Revenue mix

Product Wise Break-Up

Operating Profit Break-Up

Tiles Break-Up - Tiles

Manufacturing Break-Up - Tiles

Asset Break-Up - Segment Wise

Operational Metrics

Quarterly Sales Volume - Tiles (Mn Sqm)

Kajaria Ceramics Ltd.

Quarterly Sales Volume - Tiles (Mn Sqm)
Source
Manufacturing Capacity - Tiles (Mn Sqm/Year)
Source
Capacity Utilization - Sanitaryware (%)
Source
Manufacturing Capacity - Faucets (Million Pieces)
Source
Manufacturing Capacity - Sanitaryware (Million Pieces)
Source
Capacity Utilization - Tiles (%)
Source
Realization/Sqm - Tiles (Rs/Sqm)
Source
Manufacturing Capacity - Vitrified Tiles (Mn Sqm/Year)
Source
Manufacturing Capacity - Glazed Vitrified Tiles (Mn Sqm/Year)
Source
Manufacturing Capacity - Ceramic Tiles (Mn Sqm/Year)
Source
Advertisement Spend as a % of Total Sales (%)
Source

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Kajaria Ceramics	1,064.8	57.07	16,799	47.48	1.13	20.82	16.13
Cera Sanitaryware	6,477.5	33.66	8,296	54.41	5.79	22.27	17.76
Nitco	137.49	0.00	3,130	16.23	30.3	23.98	31.82
Carysil	880.1	39.9	2,543	41.37	7.16	21.17	16.35
Somany Ceramics	476.95	32.44	1,949	55.01	4.27	16.88	13.45
Asian Granito India	58.59	31.49	867	33.52	11.33	1.15	-0.97
Orient Bell	244.61	126.69	360	65.34	-4.84	0.58	0.29
Exxaro Tiles	8.68	0.00	369	42.07	19.07	5.65	0.81

Brands

Kajaria Tiles

Corporate Actions

Consolidated DividendSplit

DATE

DETAILS

2024, Nov 04

Dividend Dividend of Rs.5 per share

2024, Aug 30

Dividend Dividend of Rs.6 per share

2023, Nov 02

Dividend Dividend of Rs.6 per share

2023, Sep 05

Dividend Dividend of Rs.3 per share

2023, Feb 08

Dividend Dividend of Rs.6 per share

Suppliers

Shankara Building Products Ltd.

Customers

Hero MotoCorp Ltd.
Kesoram Industries Ltd.
Mahindra & Mahindra Ltd.
Maruti Suzuki India Ltd.
Sundram Fasteners Ltd.
Tata Motors Ltd.
Honda
Skoda
Toyota
Volkswagen

Showing 5 of 10

FAQs on Kajaria Ceramics Ltd. Business

What does Kajaria Ceramics do?

Kajaria Ceramics Limited, the leader in Indian tile industry, offers a wide range of ceramic and vitrified tiles across all price points, leveraging cutting-edge technology for quality products.

Who are the competitors of Kajaria Ceramics?

Kajaria Ceramics major competitors are Cera Sanitaryware, Nitco, Carysil, Somany Ceramics, Asian Granito India, Orient Bell, Exxaro Tiles.
Market Cap of Kajaria Ceramics is ₹16,799 Crs.
While the median market cap of its peers are ₹1,949 Crs.

Is Kajaria Ceramics financially stable compared to its competitors?

Kajaria Ceramics seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

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Investor Presentation	May	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec	Mar Jun Sep Dec
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Discussions & Analysis

Kajaria Ceramics Ltd.

View the discussion on ValuePickr

Kajaria Ceramics Ltd Analysis - LNPR

Building Materials

Tiles and Building Material Sector - An Overview - PPFAS

Cement Fibre Products - Industry & the risks - Anish Moonka

Decoding Plastic Pipes industry in India - PPFAS

Masterclass in Building Materials - G2G Ajay

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Who Exactly Is Buying Expensive Mumbai Real Estate - Aman Goel

Factors driving 'co-working' spaces - PPFAS

Tiles & Sanitaryware

Segments and Companies in the Tile Sector - Capital Mind

Different Types of Tiles - Morbi Tiles

A Look At The Morbi Cluster in Gujarat - Aditya Kondawar

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Raw Material

Kajaria Ceramics Ltd.

Kajaria Ceramics Ltd.

About

Timeline

Company Timeline

11 Yes

2 Neutral

4 No

0 No Data

Accounting & Shareholding

Contingent Liabilities

Depreciation Effect

Other Income

Pledge

Revenue Recognition

Promoter Holding

Retail Holding

Price & Performance

Capex vs ROCE

Share price

Working Capital

Current vs Historic Valuation

Debt

ROCE Strength

Balance Sheet Strength

ROE

Sales Growth

Margin Stability

Product Wise Break-Up

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Operating Profit Break-Up

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Tiles Break-Up - Tiles

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Manufacturing Break-Up - Tiles

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Asset Break-Up - Segment Wise

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Quarterly Sales Volume - Tiles (Mn Sqm)

Quarterly Sales Volume - Tiles (Mn Sqm)

What does Kajaria Ceramics do?

Who are the competitors of Kajaria Ceramics?

Is Kajaria Ceramics financially stable compared to its competitors?

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