Kajaria Ceramics Ltd
- Market Cap ₹ 16,935 Cr.
- Current Price ₹ 1,065
- High / Low ₹ 1,579 / 745
- Stock P/E 49.6
- Book Value ₹ 172
- Dividend Yield 1.13 %
- ROCE 16.8 %
- ROE 12.8 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 45.2%
Cons
- The company has delivered a poor sales growth of 10.5% 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 SmallCap BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,836 | 2,187 | 2,413 | 2,550 | 2,711 | 2,956 | 2,808 | 2,781 | 3,705 | 4,382 | 4,578 | 4,635 | |
1,550 | 1,831 | 1,950 | 2,049 | 2,253 | 2,501 | 2,391 | 2,266 | 3,093 | 3,789 | 3,880 | 4,009 | |
Operating Profit | 287 | 355 | 463 | 500 | 457 | 455 | 417 | 515 | 612 | 593 | 698 | 626 |
OPM % | 16% | 16% | 19% | 20% | 17% | 15% | 15% | 19% | 17% | 14% | 15% | 14% |
1 | 0 | 5 | 11 | 11 | 8 | 23 | 15 | 26 | 25 | 46 | -5 | |
Interest | 41 | 29 | 34 | 34 | 24 | 16 | 20 | 11 | 13 | 22 | 21 | 20 |
Depreciation | 47 | 56 | 73 | 81 | 89 | 89 | 108 | 107 | 115 | 133 | 148 | 165 |
Profit before tax | 199 | 270 | 361 | 396 | 355 | 358 | 312 | 413 | 510 | 462 | 576 | 436 |
Tax % | 34% | 32% | 35% | 36% | 36% | 36% | 19% | 25% | 25% | 25% | 25% | 31% |
131 | 185 | 236 | 254 | 229 | 229 | 254 | 309 | 383 | 346 | 432 | 300 | |
EPS in Rs | 8.22 | 11.05 | 14.56 | 15.91 | 14.78 | 14.25 | 16.06 | 19.36 | 23.68 | 21.64 | 26.50 | 18.48 |
Dividend Payout % | 21% | 18% | 17% | 19% | 20% | 21% | 19% | 52% | 46% | 42% | 45% | 49% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 8% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | -3% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 24% |
3 Years: | 4% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 16% |
3 Years: | 15% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 514 | 725 | 956 | 1,159 | 1,335 | 1,559 | 1,698 | 1,853 | 2,106 | 2,311 | 2,601 | 2,728 |
236 | 243 | 294 | 213 | 170 | 120 | 166 | 126 | 165 | 250 | 239 | 274 | |
410 | 575 | 653 | 652 | 619 | 677 | 557 | 530 | 699 | 751 | 684 | 738 | |
Total Liabilities | 1,176 | 1,559 | 1,918 | 2,040 | 2,140 | 2,372 | 2,437 | 2,525 | 2,986 | 3,328 | 3,539 | 3,756 |
692 | 860 | 1,121 | 1,177 | 1,145 | 1,078 | 1,195 | 1,192 | 1,150 | 1,447 | 1,638 | 1,717 | |
CWIP | 41 | 78 | 8 | 8 | 18 | 93 | 27 | 15 | 263 | 82 | 68 | 109 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 5 | 0 | 2 | 18 | 34 |
443 | 621 | 790 | 854 | 977 | 1,200 | 1,206 | 1,313 | 1,573 | 1,798 | 1,815 | 1,896 | |
Total Assets | 1,176 | 1,559 | 1,918 | 2,040 | 2,140 | 2,372 | 2,437 | 2,525 | 2,986 | 3,328 | 3,539 | 3,756 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
166 | 180 | 316 | 338 | 238 | 317 | 224 | 509 | 426 | 296 | 602 | 501 | |
-151 | -263 | -267 | -140 | -136 | -261 | -90 | -296 | -298 | -182 | -298 | -372 | |
-13 | 87 | -39 | -168 | -72 | -114 | -140 | -205 | -120 | -135 | -216 | -209 | |
Net Cash Flow | 2 | 5 | 10 | 30 | 30 | -58 | -6 | 9 | 7 | -22 | 88 | -80 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 33 | 35 | 41 | 49 | 61 | 59 | 52 | 57 | 51 | 50 | 49 | 45 |
Inventory Days | 98 | 151 | 189 | 168 | 150 | 147 | 189 | 119 | 122 | 127 | 106 | 115 |
Days Payable | 78 | 120 | 144 | 121 | 102 | 112 | 88 | 66 | 78 | 70 | 59 | 63 |
Cash Conversion Cycle | 54 | 65 | 87 | 96 | 108 | 94 | 152 | 110 | 94 | 107 | 97 | 97 |
Working Capital Days | 16 | 21 | 34 | 39 | 54 | 49 | 71 | 61 | 48 | 60 | 56 | 52 |
ROCE % | 32% | 33% | 34% | 31% | 25% | 23% | 18% | 21% | 24% | 20% | 21% | 17% |
Documents
Announcements
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Commencement Of Commercial Production
30 May - New tile adhesive plant in Rajasthan begins commercial production with 36,000 tonnes annual capacity.
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Grant Of Options Under Kajaria Employee Stock Option Scheme 2015
30 May - Grant of 5 lakh ESOPs at Rs.800 exercise price with 3-year vesting schedule.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 May - In continuation of our letter dated May 27, 2025 we enclose copies of the advertisements published on May 28, 2025, in the Financial Express (English) …
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
27 May - Postal ballot for appointment of Mrs. Ambika Sharma as Independent Director for five years from March 30, 2025.
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Disclosure Pursuant To The SEBI (LODR) Regulations, 2015 ('The Listing Regulations')
15 May - Kajaria Ceramics provides INR 6.87 Cr SBLC for JV's NPR 86 Cr working capital facility in Nepal.
Annual reports
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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
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Financial Year 2011
from bse
Concalls
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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 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Oct 2023TranscriptNotesPPT 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
The company's product portfolio mainly 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]