Exxaro Tiles Ltd
Incorporated in 2008, Exxaro Tiles Ltd is a manufacturer and trader of refractory ceramic products[1]
- Market Cap ₹ 371 Cr.
- Current Price ₹ 8.27
- High / Low ₹ 11.6 / 5.22
- Stock P/E 54.9
- Book Value ₹ 6.23
- Dividend Yield 0.00 %
- ROCE 3.85 %
- ROE 0.09 %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.22% over last 3 years.
- Contingent liabilities of Rs.156 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Ceramics
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 254 | 325 | 317 | 301 | 303 | 308 | |
| 206 | 276 | 283 | 277 | 280 | 279 | |
| Operating Profit | 48 | 48 | 34 | 25 | 23 | 29 |
| OPM % | 19% | 15% | 11% | 8% | 7% | 9% |
| 4 | 1 | 2 | 2 | 0 | 1 | |
| Interest | 21 | 10 | 9 | 14 | 12 | 11 |
| Depreciation | 14 | 14 | 16 | 9 | 10 | 10 |
| Profit before tax | 17 | 26 | 10 | 3 | 2 | 9 |
| Tax % | 11% | 31% | 28% | 30% | 107% | |
| 15 | 18 | 7 | 2 | -0 | 7 | |
| EPS in Rs | 0.45 | 0.40 | 0.16 | 0.05 | -0.00 | 0.16 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -76% |
| TTM: | 301% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -11% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 34 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 102 | 222 | 229 | 232 | 232 | 234 |
| 161 | 57 | 94 | 97 | 92 | 88 | |
| 72 | 81 | 100 | 112 | 122 | 116 | |
| Total Liabilities | 369 | 405 | 468 | 486 | 491 | 483 |
| 159 | 150 | 198 | 194 | 192 | 194 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 1 | -0 | 10 | 1 | -0 | -0 |
| 209 | 255 | 259 | 291 | 299 | 289 | |
| Total Assets | 369 | 405 | 468 | 486 | 491 | 483 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 38 | 25 | 23 | 5 | 23 | |
| -2 | -9 | -67 | 6 | -5 | |
| -34 | -1 | 28 | -11 | -17 | |
| Net Cash Flow | 2 | 14 | -16 | 0 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 129 | 114 | 127 | 141 | 139 |
| Inventory Days | 451 | 357 | 433 | 516 | 502 |
| Days Payable | 220 | 180 | 253 | 303 | 306 |
| Cash Conversion Cycle | 361 | 291 | 307 | 355 | 335 |
| Working Capital Days | 62 | 140 | 113 | 130 | 127 |
| ROCE % | 12% | 6% | 5% | 4% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 7h
-
Announcement under Regulation 30 (LODR)-Change in Management
18 Nov - Board reappointed MD/WTDs (06 Jan 2026–05 Jan 2031); appointed Independent Director and CFO effective 18 Nov 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 14 Nov
-
Reply To The BSE Email Dated 07.11.2025
10 Nov - Denies YouTube claims of UAE/Saudi expansion, 1000% profit, and new Ajay Devgn endorsement; reiterates 5 MW solar project details.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov - Newspaper Publication of the result for the Quarter and half year ended on 30.09.2025
Business Overview:[1]
ETL is engaged in the manufacturing and marketing of vitrified tiles, with over 1,000 designs across 6 different sizes and a presence in 25 states and 6 countries.
Product Categories:[2]
a) Double Charge Vitrified Tiles
b) Glazed Vitrified Tiles
c) Full Body Vitrified Tiles
d) Wall Tiles
e) Parking Tiles