Kajaria Ceramics Ltd

AI
Kajaria Ceramics Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Kajaria Ceramics Ltd

₹ 1,201 3.58%
05 Nov 3:50 p.m.
kajariaceramics.com BSE: 500233 NSE: KAJARIACER
About

Kajaria Ceramics Ltd is primarily engaged in manufacturing and trading of ceramic and vitrified tiles in India.[1] It is the largest manufacturer of ceramic/ vitrified tiles in India and 8th largest in the world.[2]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 18,867 Cr.
  • Current Price ₹ 1,201
  • High / Low ₹ 1,276 / 870
  • Stock P/E 29.7
  • Book Value ₹ 191
  • Dividend Yield 1.18 %
  • ROCE 23.4 %
  • ROE 17.9 %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has been maintaining a healthy dividend payout of 46.6%

Cons

  • Promoter holding has decreased over last quarter: -0.95%
  • The company has delivered a poor sales growth of 11.7% 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.

Peer comparison

Consumer Discretionary Consumer Durables Consumer Durables Ceramics

Part of BSE 500 Nifty 500 BSE Consumer Discretionary BSE SmallCap Select Index BSE 250 SmallCap Index

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
1,122 1,152 1,208 1,096 1,179 1,156 1,222 1,103 1,186 1,168 1,373 1,328 1,468
942 973 1,036 927 1,023 1,003 1,083 916 973 968 1,110 1,068 1,182
Operating Profit 179 178 172 169 156 152 138 187 213 200 263 260 287
OPM % 16% 16% 14% 15% 13% 13% 11% 17% 18% 17% 19% 20% 20%
8 11 15 5 10 4 -11 12 15 -28 9 18 17
Interest 4 5 5 3 5 7 6 5 6 6 6 5 5
Depreciation 36 39 42 42 41 40 43 44 42 42 42 42 43
Profit before tax 147 146 140 128 121 110 78 150 181 125 224 231 255
Tax % 25% 26% 25% 28% 29% 28% 44% 26% 26% 31% 30% 26% 25%
111 108 104 92 86 79 43 110 134 86 157 171 191
EPS in Rs 6.78 6.54 6.43 5.64 5.29 4.88 2.67 6.84 8.35 5.51 9.78 10.64 12.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
2,187 2,413 2,550 2,711 2,956 2,808 2,781 3,705 4,382 4,474 4,635 4,830 5,338
1,831 1,950 2,049 2,253 2,501 2,391 2,266 3,093 3,789 3,768 4,000 3,962 4,327
Operating Profit 355 463 500 457 455 417 515 612 593 706 635 869 1,011
OPM % 16% 19% 20% 17% 15% 15% 19% 17% 14% 16% 14% 18% 19%
0 5 11 11 8 23 15 26 25 35 -14 3 15
Interest 29 34 34 24 16 20 11 13 22 17 20 23 22
Depreciation 56 73 81 89 89 108 107 115 133 148 165 169 169
Profit before tax 270 361 396 355 358 312 413 510 462 576 436 680 835
Tax % 32% 35% 36% 36% 36% 19% 25% 25% 25% 25% 31% 28%
185 236 254 229 229 254 309 383 346 432 300 487 604
EPS in Rs 11.05 14.56 15.91 14.78 14.25 16.06 19.36 23.68 21.64 26.50 18.48 30.48 37.99
Dividend Payout % 18% 17% 19% 20% 21% 19% 52% 46% 42% 45% 49% 46%
Compounded Sales Growth
10 Years: 7%
5 Years: 12%
3 Years: 3%
TTM: 14%
Compounded Profit Growth
10 Years: 8%
5 Years: 11%
3 Years: 14%
TTM: 58%
Stock Price CAGR
10 Years: 7%
5 Years: -1%
3 Years: -3%
1 Year: -1%
Return on Equity
10 Years: 17%
5 Years: 16%
3 Years: 15%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 16 16 16 16 16 16 16 16 16 16 16 16 16
Reserves 725 956 1,159 1,335 1,559 1,698 1,853 2,106 2,311 2,601 2,728 3,050 2,982
243 294 213 170 120 166 126 165 250 239 274 229 406
575 653 652 619 677 557 530 699 751 684 737 733 789
Total Liabilities 1,559 1,918 2,040 2,140 2,372 2,437 2,525 2,986 3,328 3,539 3,755 4,027 4,192
860 1,121 1,177 1,145 1,078 1,195 1,192 1,150 1,447 1,638 1,717 1,675 1,648
CWIP 78 8 8 18 93 27 15 263 82 68 109 119 122
Investments 0 0 0 0 0 10 5 0 2 18 34 39 43
621 790 854 977 1,200 1,206 1,313 1,573 1,798 1,815 1,895 2,195 2,380
Total Assets 1,559 1,918 2,040 2,140 2,372 2,437 2,525 2,986 3,328 3,539 3,755 4,027 4,192

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
180 316 338 238 317 224 509 426 296 602 501 664
-263 -267 -140 -136 -261 -90 -296 -298 -182 -298 -372 -336
87 -39 -168 -72 -114 -140 -205 -120 -135 -216 -209 -290
Net Cash Flow 5 10 30 30 -58 -6 9 7 -22 88 -79 37
Free Cash Flow -84 47 195 100 203 103 408 162 87 323 305 563
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 73% 90% 93% 80% 99% 78% 118% 91% 71% 105% 97% 96%

Ratios

Consolidated / View Standalone

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 35 41 49 61 59 52 57 51 50 51 45 47
Inventory Days 151 189 168 150 147 189 119 122 127 111 126 105
Days Payable 120 144 121 102 112 88 66 78 70 61 69 61
Cash Conversion Cycle 65 87 96 108 94 152 110 94 107 101 102 92
Working Capital Days -0 17 31 43 41 57 51 36 45 47 42 42
ROCE % 33% 34% 31% 25% 23% 18% 21% 24% 20% 21% 17% 23%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total Tile Sales Volume
MSM

Log in to view insights

Please log in to see hidden values.

Login
Total Tile Manufacturing Capacity excl. Nepal JV
MSM
Number of Operative Dealers
count
Outsourced Tile Sales Volume
MSM
Own Manufacturing Tile Production Volume
MSM
Adhesive Production Capacity
MT per month

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

10 Recently
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
47.49% 47.49% 47.49% 47.49% 47.49% 47.49% 47.49% 47.61% 47.69% 47.69% 47.69% 46.74%
18.33% 19.18% 16.21% 16.07% 16.04% 15.79% 12.55% 11.57% 11.66% 10.23% 11.58% 12.05%
25.53% 24.91% 27.83% 28.39% 27.91% 27.68% 27.39% 26.00% 26.30% 27.47% 26.24% 26.08%
8.66% 8.43% 8.46% 8.05% 8.57% 9.06% 12.57% 14.82% 14.34% 14.60% 14.48% 15.11%
No. of Shareholders 74,77780,08183,28077,58782,46289,56793,31092,81491,38892,8311,25,20086,701

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls