Exxaro Tiles Ltd
Incorporated in 2008, Exxaro Tiles Ltd is a manufacturer and trader of refractory ceramic products[1]
- Market Cap ₹ 357 Cr.
 - Current Price ₹ 7.98
 - High / Low ₹ 11.6 / 5.22
 - Stock P/E 78.3
 - Book Value ₹ 6.19
 - Dividend Yield 0.00 %
 - ROCE 3.85 %
 - ROE 0.09 %
 - Face Value ₹ 1.00
 
Pros
- Stock is trading at 1.18 times its book value
 
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 | 309 | |
| 206 | 276 | 283 | 277 | 280 | 281 | |
| Operating Profit | 48 | 48 | 34 | 25 | 23 | 29 | 
| OPM % | 19% | 15% | 11% | 8% | 7% | 9% | 
| 4 | 1 | 2 | 2 | 0 | 0 | |
| Interest | 21 | 10 | 9 | 14 | 12 | 12 | 
| Depreciation | 14 | 14 | 16 | 9 | 10 | 10 | 
| Profit before tax | 17 | 26 | 10 | 3 | 2 | 8 | 
| Tax % | 11% | 31% | 28% | 30% | 107% | |
| 15 | 18 | 7 | 2 | -0 | 5 | |
| EPS in Rs | 0.45 | 0.40 | 0.16 | 0.05 | -0.00 | 0.12 | 
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | -2% | 
| TTM: | 8% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | -76% | 
| TTM: | 312% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | -18% | 
| 1 Year: | -19% | 
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 34 | 45 | 45 | 45 | 45 | 
| Reserves | 102 | 222 | 229 | 232 | 232 | 
| 161 | 57 | 94 | 97 | 92 | |
| 72 | 81 | 100 | 112 | 122 | |
| Total Liabilities | 369 | 405 | 468 | 486 | 491 | 
| 159 | 150 | 198 | 194 | 192 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | 
| Investments | 1 | -0 | 10 | 1 | -0 | 
| 209 | 255 | 259 | 291 | 299 | |
| Total Assets | 369 | 405 | 468 | 486 | 491 | 
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
- 
        
          Board Meeting Intimation for Prior Intimation Of Board Meeting Pursuant To Regulation 29(1) Of The SEBI (LODR) Regulations, 2015
          
            17h - Board meeting 08-Nov-2025 to approve unaudited Q2 and H1 results; trading window closed.
 - 
        
          Closure of Trading Window
          
            27 Sep - Trading window closed from 01 Oct 2025 until 48 hours after unaudited results for quarter/half-year ended 30 Sep 2025.
 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 27 Sep
 - 
        
          Shareholder Meeting / Postal Ballot-Outcome of AGM
          
            27 Sep - 18th AGM held Sep 27, 2025 via VC; directors present; e-voting conducted; results within two working days.
 - 
        
          Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
          
            6 Sep - CFO Himanshu Shah resigned effective 06 Sep 2025; resignation letter dated 07 Aug 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