Kajaria Ceramics Ltd
- Market Cap ₹ 18,938 Cr.
- Current Price ₹ 1,188
- High / Low ₹ 1,322 / 761
- Stock P/E 40.1
- Book Value ₹ 182
- Dividend Yield 0.76 %
- ROCE 23.1 %
- ROE 17.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 56.4%
Cons
- The company has delivered a poor sales growth of 11.6% over past five years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,233 | 2,443 | 2,528 | 2,581 | 2,726 | 2,572 | 2,523 | 3,299 | 3,971 | 4,103 | 4,219 | 4,374 | |
| 1,946 | 2,055 | 2,085 | 2,152 | 2,321 | 2,194 | 2,089 | 2,767 | 3,455 | 3,541 | 3,720 | 3,679 | |
| Operating Profit | 287 | 388 | 443 | 429 | 405 | 378 | 434 | 533 | 516 | 562 | 499 | 695 |
| OPM % | 13% | 16% | 18% | 17% | 15% | 15% | 17% | 16% | 13% | 14% | 12% | 16% |
| 1 | 21 | 21 | 19 | 34 | 49 | 50 | 43 | 50 | 69 | -54 | 58 | |
| Interest | 6 | 7 | 4 | 4 | 3 | 9 | 5 | 6 | 11 | 8 | 9 | 9 |
| Depreciation | 39 | 47 | 53 | 62 | 63 | 79 | 74 | 84 | 91 | 111 | 117 | 118 |
| Profit before tax | 243 | 355 | 407 | 382 | 373 | 339 | 406 | 485 | 463 | 512 | 319 | 626 |
| Tax % | 31% | 33% | 34% | 34% | 34% | 18% | 26% | 25% | 26% | 26% | 36% | 27% |
| 168 | 237 | 270 | 252 | 246 | 279 | 302 | 362 | 344 | 381 | 204 | 457 | |
| EPS in Rs | 10.60 | 14.92 | 17.00 | 15.87 | 15.47 | 17.54 | 18.97 | 22.76 | 21.63 | 23.95 | 12.82 | 28.68 |
| Dividend Payout % | 19% | 17% | 18% | 19% | 19% | 17% | 53% | 48% | 42% | 50% | 70% | 49% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 12% |
| 3 Years: | 3% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| TTM: | 68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| 1 Year: | 48% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 706 | 940 | 1,164 | 1,361 | 1,550 | 1,714 | 1,862 | 2,095 | 2,304 | 2,555 | 2,592 | 2,883 |
| 81 | 43 | 11 | 12 | 10 | 76 | 33 | 70 | 135 | 67 | 96 | 89 | |
| 392 | 460 | 469 | 443 | 472 | 389 | 397 | 511 | 505 | 535 | 568 | 575 | |
| Total Liabilities | 1,195 | 1,460 | 1,659 | 1,831 | 2,047 | 2,195 | 2,308 | 2,692 | 2,961 | 3,172 | 3,272 | 3,563 |
| 514 | 663 | 719 | 745 | 709 | 694 | 688 | 817 | 990 | 1,141 | 1,133 | 1,109 | |
| CWIP | 4 | 6 | 5 | 1 | 0 | 9 | 9 | 181 | 78 | 55 | 97 | 103 |
| Investments | 79 | 109 | 109 | 116 | 117 | 134 | 129 | 119 | 144 | 202 | 181 | 190 |
| 598 | 683 | 827 | 969 | 1,221 | 1,358 | 1,481 | 1,574 | 1,749 | 1,775 | 1,861 | 2,161 | |
| Total Assets | 1,195 | 1,460 | 1,659 | 1,831 | 2,047 | 2,195 | 2,308 | 2,692 | 2,961 | 3,172 | 3,272 | 3,563 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 | 305 | 262 | 199 | 291 | 235 | 452 | 362 | 218 | 551 | 455 | ||
| -70 | -215 | -135 | -114 | -285 | -139 | -245 | -239 | -132 | -215 | -327 | ||
| 63 | -91 | -84 | -57 | -63 | -104 | -202 | -110 | -110 | -256 | -209 | ||
| Net Cash Flow | 2 | -2 | 44 | 28 | -57 | -7 | 5 | 13 | -24 | 80 | -82 | |
| Free Cash Flow | -35 | 103 | 150 | 107 | 246 | 209 | 383 | 197 | 41 | 350 | 348 | |
| CFO/OP | 27% | 103% | 88% | 75% | 104% | 89% | 127% | 92% | 66% | 121% | 112% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 38 | 44 | 58 | 55 | 49 | 54 | 49 | 49 | 46 | 43 | 45 |
| Inventory Days | 62 | 62 | 69 | 76 | 83 | 95 | 58 | 70 | 76 | 65 | 63 | 51 |
| Days Payable | 55 | 65 | 61 | 56 | 68 | 53 | 51 | 52 | 46 | 49 | 52 | 48 |
| Cash Conversion Cycle | 39 | 35 | 52 | 77 | 70 | 92 | 62 | 66 | 79 | 63 | 55 | 48 |
| Working Capital Days | 15 | 18 | 31 | 47 | 46 | 51 | 40 | 32 | 42 | 42 | 33 | 31 |
| ROCE % | 36% | 41% | 38% | 30% | 25% | 21% | 22% | 24% | 20% | 20% | 17% | 23% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Dealers Number |
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| Tiles Sales Volume MSM |
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| Total Tile Production Capacity MSM |
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| Revenue Share - Retail % |
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Extracted by Screener AI
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 34m
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3h - Audio recording of April 30, 2026 conference call on audited Q4/FY26 financial results uploaded.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
7h - Revised Q4 FY26 investor update includes buyback, ₹50 crore CCPS acquisition, and ₹210 crore Srikalahasti expansion.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
8h - Q4 FY26 revenue rose 12% to Rs.1,373 crore; company announced buyback, 50 crore CCPS acquisition and 210 crore expansion.
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Opening Of Trading Window
8h - Trading window opens 48 hours after April 30, 2026 board outcome on results, dividend and buyback.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
Concalls
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Feb 2026Transcript PPT REC
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Dec 2025TranscriptPPT
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Mar 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Oct 2023TranscriptAI SummaryPPT REC
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Jul 2023Transcript PPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022TranscriptPPT
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Oct 2020TranscriptPPT
Product Portfolio
Their product portfolio includes ceramic wall & floor tiles, polished & glazed vitrified tiles, bath-ware solutions, and plywood & laminates. [1] In FY23, tiles accounted for ~88% of revenues while the rest of products accounted for ~12% of revenues[2]