Exxaro Tiles Ltd

About

Exxaro Tiles Ltd. (ETL) is engaged in the manufacturing of double charge vitrified tiles and glazed vitrified tiles used for flooring solutions. Its product basket consists of 1000+ designs and it is sold under its own brand "Exxaro". The company has a PAN India presence with 2000+ registered dealers across 24 states/union territories[1]

  • Market Cap 705 Cr.
  • Current Price 158
  • High / Low 168 / 120
  • Stock P/E 46.2
  • Book Value 31.2
  • Dividend Yield 0.00 %
  • ROCE 13.0 %
  • ROE 11.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.05 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Company has a low return on equity of 8.92% for last 3 years.
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Other Income
Interest
Depreciation
Profit before tax
Tax %
Net Profit
EPS in Rs

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
128 168 220 242 241 255
106 136 178 204 198 208
Operating Profit 22 32 42 39 43 47
OPM % 17% 19% 19% 16% 18% 19%
Other Income 1 1 2 2 3 5
Interest 7 12 13 17 20 21
Depreciation 4 8 12 15 14 14
Profit before tax 12 13 18 8 12 17
Tax % 3% 5% 3% 3% 7% 11%
Net Profit 11 12 18 8 11 15
EPS in Rs 3.56 3.74 5.30 2.42 3.36 4.54
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:%
5 Years:15%
3 Years:5%
TTM:6%
Compounded Profit Growth
10 Years:%
5 Years:6%
3 Years:-5%
TTM:36%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:%
Return on Equity
10 Years:%
5 Years:11%
3 Years:9%
Last Year:12%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
33 36 36 36 37 37
Reserves 38 61 86 97 87 102
Borrowings 58 148 154 141 171 158
44 98 108 100 95 76
Total Liabilities 172 340 382 372 387 369
76 200 197 186 172 159
CWIP 23 0 0 0 0 0
Investments 0 0 0 0 1 1
72 140 184 186 214 209
Total Assets 172 340 382 372 387 369

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
1 17 32 6 38
-109 -8 -2 -2 -2
109 -4 -36 -4 -34
Net Cash Flow 1 4 -6 -1 2

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 97 132 116 128 146 129
Inventory Days 85 206 230 172 540 451
Days Payable 87 181 134 124 357 220
Cash Conversion Cycle 94 158 212 175 329 360
Working Capital Days 91 117 128 129 186 192
ROCE % 13% 12% 9% 11% 13%

Shareholding Pattern

Numbers in percentages

Sep 2021
42.07
4.33
4.85
48.75

Documents