Share Price and Basic Stock Data
Last Updated: November 22, 2025, 8:55 am
| PEG Ratio | -53.05 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Kajaria Ceramics Ltd, a prominent player in the ceramics industry, reported a market capitalization of ₹17,311 Cr and a stock price of ₹1,087. The company’s revenue from operations has shown a consistent upward trajectory, with sales increasing from ₹3,705 Cr in FY 2022 to ₹4,382 Cr in FY 2023. For FY 2024, sales further rose to ₹4,474 Cr, with trailing twelve months (TTM) sales standing at ₹4,666 Cr. Quarterly performance mirrored this trend, with sales reaching ₹1,208 Cr in March 2024, up from ₹1,205 Cr in March 2023. This growth trajectory highlights the company’s ability to capture market share amid a competitive landscape, where demand for tiles and sanitaryware remains robust. The consistent increase in sales reflects both strong operational execution and favorable industry conditions, positioning Kajaria well in a market that is expected to continue expanding, driven by urbanization and infrastructure development in India.
Profitability and Efficiency Metrics
Kajaria Ceramics reported a net profit of ₹366 Cr for FY 2025, down from ₹432 Cr in FY 2024 and ₹346 Cr in FY 2023. Despite the decline, the company’s operating profit margin (OPM) stood at a commendable 14.43% for FY 2025, although it has seen fluctuations from a high of 17% in the latest quarter to a low of 11% projected for March 2025. The interest coverage ratio (ICR) remained strong at 33.40x, indicating robust capacity to service debt. However, the return on equity (ROE) was recorded at 10.72%, down from 16.13% in the previous year, signaling a potential area of concern for investors. Kajaria’s cash conversion cycle (CCC) of 102 days reflects efficient management of working capital, although inventory turnover ratio at 1.86x suggests room for improvement in inventory management relative to industry peers. Overall, while profitability metrics exhibit strength, the declining ROE and net profit warrant close monitoring.
Balance Sheet Strength and Financial Ratios
The balance sheet of Kajaria Ceramics demonstrates a solid financial foundation, with total assets reported at ₹3,755 Cr and total liabilities at ₹3,539 Cr as of March 2025. The company’s reserves have increased to ₹2,728 Cr, providing a strong buffer against market volatility. Borrowings stood at ₹274 Cr, reflecting a low debt-to-equity ratio of 0.06, indicating a conservative capital structure and minimal financial risk. The current ratio of 2.57x suggests excellent liquidity, allowing the company to meet short-term obligations comfortably. Additionally, the price-to-book value (P/BV) ratio at 4.98x indicates that the market values the company at a premium relative to its book value. However, the decline in return on capital employed (ROCE) to 16.51% raises concerns about the efficiency of capital utilization. Overall, while the balance sheet is robust, the waning efficiency metrics could impact future growth prospects.
Shareholding Pattern and Investor Confidence
Kajaria Ceramics’ shareholding pattern reveals a stable but slightly declining trend in foreign institutional investment (FIIs), which stood at 11.57% as of March 2025, down from 18.57% in December 2022. Domestic institutional investors (DIIs) held 26.00% of the shares, indicating strong local support for the company. Promoters maintained a consistent stake of 47.61%, reflecting confidence in the company’s long-term prospects. The public shareholding increased to 14.82%, indicating rising retail investor interest. The total number of shareholders rose to 92,814, suggesting a broadening investor base. However, the decline in FII participation could signal caution among international investors regarding the company’s future growth trajectory. Overall, the stable promoter holding and increasing public interest provide a positive outlook for investor confidence, albeit with some caution from institutional investors.
Outlook, Risks, and Final Insight
Looking ahead, Kajaria Ceramics is positioned to benefit from ongoing urbanization and infrastructural development in India, which is likely to sustain demand for its products. However, the company faces risks from declining profit margins and rising costs, which could pressure future earnings. The fluctuating ROE and net profit levels indicate potential challenges in maintaining profitability amid competitive pressures. Additionally, with interest rates potentially rising, the cost of borrowing may impact financial performance. The company must focus on improving operational efficiency and managing costs effectively to navigate these challenges. If Kajaria can enhance its ROE and maintain healthy sales growth, it will likely retain its market position. Conversely, failure to address these issues could lead to diminished investor confidence and market share erosion.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Kajaria Ceramics Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Exxaro Tiles Ltd | 382 Cr. | 8.66 | 11.6/5.22 | 71.8 | 6.21 | 0.00 % | 3.49 % | 0.26 % | 1.00 |
| Carysil Ltd | 2,877 Cr. | 1,012 | 1,072/482 | 35.5 | 199 | 0.24 % | 15.4 % | 14.5 % | 2.00 |
| Somany Ceramics Ltd | 1,797 Cr. | 437 | 737/395 | 31.5 | 191 | 0.69 % | 11.5 % | 8.17 % | 2.00 |
| Orient Bell Ltd | 414 Cr. | 280 | 350/215 | 63.3 | 217 | 0.18 % | 2.38 % | 0.90 % | 10.0 |
| Nitco Ltd | 1,966 Cr. | 86.2 | 164/85.0 | 13.2 | 0.00 % | 42.9 % | % | 10.0 | |
| Industry Average | 3,728.56 Cr | 861.62 | 42.27 | 200.53 | 0.45% | 12.44% | 14.63% | 6.10 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,008 | 1,078 | 1,091 | 1,205 | 1,064 | 1,122 | 1,152 | 1,208 | 1,096 | 1,179 | 1,156 | 1,222 | 1,103 |
| Expenses | 855 | 948 | 958 | 1,029 | 895 | 942 | 973 | 1,036 | 927 | 1,023 | 1,003 | 1,083 | 916 |
| Operating Profit | 154 | 129 | 133 | 176 | 169 | 179 | 178 | 172 | 169 | 156 | 152 | 138 | 187 |
| OPM % | 15% | 12% | 12% | 15% | 16% | 16% | 16% | 14% | 15% | 13% | 13% | 11% | 17% |
| Other Income | 8 | 4 | 7 | 6 | 9 | 8 | 11 | 15 | 5 | 10 | 4 | -11 | 12 |
| Interest | 4 | 3 | 8 | 7 | 5 | 4 | 5 | 5 | 3 | 5 | 7 | 6 | 5 |
| Depreciation | 32 | 34 | 33 | 34 | 31 | 36 | 39 | 42 | 42 | 41 | 40 | 43 | 44 |
| Profit before tax | 126 | 97 | 100 | 140 | 143 | 147 | 146 | 140 | 128 | 121 | 110 | 78 | 150 |
| Tax % | 26% | 29% | 26% | 21% | 24% | 25% | 26% | 25% | 28% | 29% | 28% | 44% | 26% |
| Net Profit | 93 | 69 | 74 | 111 | 109 | 111 | 108 | 104 | 92 | 86 | 79 | 43 | 110 |
| EPS in Rs | 5.80 | 4.39 | 4.67 | 6.78 | 6.75 | 6.78 | 6.54 | 6.43 | 5.64 | 5.29 | 4.88 | 2.67 | 6.84 |
Last Updated: August 1, 2025, 6:35 pm
Below is a detailed analysis of the quarterly data for Kajaria Ceramics Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,103.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,222.00 Cr. (Mar 2025) to 1,103.00 Cr., marking a decrease of 119.00 Cr..
- For Expenses, as of Jun 2025, the value is 916.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,083.00 Cr. (Mar 2025) to 916.00 Cr., marking a decrease of 167.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 187.00 Cr.. The value appears strong and on an upward trend. It has increased from 138.00 Cr. (Mar 2025) to 187.00 Cr., marking an increase of 49.00 Cr..
- For OPM %, as of Jun 2025, the value is 17.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Mar 2025) to 17.00%, marking an increase of 6.00%.
- For Other Income, as of Jun 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from -11.00 Cr. (Mar 2025) to 12.00 Cr., marking an increase of 23.00 Cr..
- For Interest, as of Jun 2025, the value is 5.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6.00 Cr. (Mar 2025) to 5.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 44.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 43.00 Cr. (Mar 2025) to 44.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 150.00 Cr.. The value appears strong and on an upward trend. It has increased from 78.00 Cr. (Mar 2025) to 150.00 Cr., marking an increase of 72.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 44.00% (Mar 2025) to 26.00%, marking a decrease of 18.00%.
- For Net Profit, as of Jun 2025, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Mar 2025) to 110.00 Cr., marking an increase of 67.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 6.84. The value appears strong and on an upward trend. It has increased from 2.67 (Mar 2025) to 6.84, marking an increase of 4.17.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 5:03 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,836 | 2,187 | 2,413 | 2,550 | 2,711 | 2,956 | 2,808 | 2,781 | 3,705 | 4,382 | 4,474 | 4,635 | 4,666 |
| Expenses | 1,550 | 1,831 | 1,950 | 2,049 | 2,253 | 2,501 | 2,391 | 2,266 | 3,093 | 3,789 | 3,768 | 4,000 | 3,975 |
| Operating Profit | 287 | 355 | 463 | 500 | 457 | 455 | 417 | 515 | 612 | 593 | 706 | 636 | 691 |
| OPM % | 16% | 16% | 19% | 20% | 17% | 15% | 15% | 19% | 17% | 14% | 16% | 14% | 15% |
| Other Income | 1 | 0 | 5 | 11 | 11 | 8 | 23 | 15 | 26 | 25 | 35 | -14 | 20 |
| Interest | 41 | 29 | 34 | 34 | 24 | 16 | 20 | 11 | 13 | 22 | 17 | 20 | 24 |
| Depreciation | 47 | 56 | 73 | 81 | 89 | 89 | 108 | 107 | 115 | 133 | 148 | 165 | 169 |
| Profit before tax | 199 | 270 | 361 | 396 | 355 | 358 | 312 | 413 | 510 | 462 | 576 | 436 | 518 |
| Tax % | 34% | 32% | 35% | 36% | 36% | 36% | 19% | 25% | 25% | 25% | 25% | 31% | |
| Net Profit | 131 | 185 | 236 | 254 | 229 | 229 | 254 | 309 | 383 | 346 | 432 | 300 | 366 |
| 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 | 22.74 |
| Dividend Payout % | 21% | 18% | 17% | 19% | 20% | 21% | 19% | 52% | 46% | 42% | 45% | 49% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 41.22% | 27.57% | 7.63% | -9.84% | 0.00% | 10.92% | 21.65% | 23.95% | -9.66% | 24.86% | -30.56% |
| Change in YoY Net Profit Growth (%) | 0.00% | -13.65% | -19.94% | -17.47% | 9.84% | 10.92% | 10.74% | 2.29% | -33.61% | 34.52% | -55.41% |
Kajaria Ceramics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 6% |
| 3 Years: | -3% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 23% |
| 3 Years: | 3% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 13% |
Last Updated: September 5, 2025, 8:40 am
Balance Sheet
Last Updated: September 10, 2025, 1:55 pm
| Month | 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 |
| Borrowings | 236 | 243 | 294 | 213 | 170 | 120 | 166 | 126 | 165 | 250 | 239 | 274 |
| Other Liabilities | 410 | 575 | 653 | 652 | 619 | 677 | 557 | 530 | 699 | 751 | 684 | 737 |
| Total Liabilities | 1,176 | 1,559 | 1,918 | 2,040 | 2,140 | 2,372 | 2,437 | 2,525 | 2,986 | 3,328 | 3,539 | 3,755 |
| Fixed Assets | 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 |
| Other Assets | 443 | 621 | 790 | 854 | 977 | 1,200 | 1,206 | 1,313 | 1,573 | 1,798 | 1,815 | 1,895 |
| Total Assets | 1,176 | 1,559 | 1,918 | 2,040 | 2,140 | 2,372 | 2,437 | 2,525 | 2,986 | 3,328 | 3,539 | 3,755 |
Below is a detailed analysis of the balance sheet data for Kajaria Ceramics Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 16.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 16.00 Cr..
- For Reserves, as of Mar 2025, the value is 2,728.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,601.00 Cr. (Mar 2024) to 2,728.00 Cr., marking an increase of 127.00 Cr..
- For Borrowings, as of Mar 2025, the value is 274.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 239.00 Cr. (Mar 2024) to 274.00 Cr., marking an increase of 35.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 737.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 684.00 Cr. (Mar 2024) to 737.00 Cr., marking an increase of 53.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 3,755.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,539.00 Cr. (Mar 2024) to 3,755.00 Cr., marking an increase of 216.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,717.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,638.00 Cr. (Mar 2024) to 1,717.00 Cr., marking an increase of 79.00 Cr..
- For CWIP, as of Mar 2025, the value is 109.00 Cr.. The value appears strong and on an upward trend. It has increased from 68.00 Cr. (Mar 2024) to 109.00 Cr., marking an increase of 41.00 Cr..
- For Investments, as of Mar 2025, the value is 34.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2024) to 34.00 Cr., marking an increase of 16.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,895.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,815.00 Cr. (Mar 2024) to 1,895.00 Cr., marking an increase of 80.00 Cr..
- For Total Assets, as of Mar 2025, the value is 3,755.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,539.00 Cr. (Mar 2024) to 3,755.00 Cr., marking an increase of 216.00 Cr..
Notably, the Reserves (2,728.00 Cr.) exceed the Borrowings (274.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 51.00 | 112.00 | 169.00 | 287.00 | 287.00 | 335.00 | 251.00 | 389.00 | 447.00 | 343.00 | 467.00 | 362.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | 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 | 51 | 45 |
| Inventory Days | 98 | 151 | 189 | 168 | 150 | 147 | 189 | 119 | 122 | 127 | 111 | 126 |
| Days Payable | 78 | 120 | 144 | 121 | 102 | 112 | 88 | 66 | 78 | 70 | 61 | 69 |
| Cash Conversion Cycle | 54 | 65 | 87 | 96 | 108 | 94 | 152 | 110 | 94 | 107 | 101 | 102 |
| Working Capital Days | -6 | -0 | 17 | 31 | 43 | 41 | 57 | 51 | 36 | 45 | 47 | 42 |
| ROCE % | 32% | 33% | 34% | 31% | 25% | 23% | 18% | 21% | 24% | 20% | 21% | 17% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Kotak Emerging Equity Fund - Regular Plan | 5,753,155 | 2.15 | 725.67 | 5,753,155 | 2025-04-22 17:25:29 | 0% |
| Mirae Asset Large Cap Fund | 2,644,144 | 0.97 | 333.52 | 2,644,144 | 2025-04-22 15:56:56 | 0% |
| SBI Large & Midcap Fund | 2,594,826 | 2.09 | 327.3 | 2,594,826 | 2025-04-22 15:56:56 | 0% |
| DSP Mid Cap Fund | 2,039,666 | 1.78 | 257.27 | 2,039,666 | 2025-04-22 15:56:56 | 0% |
| Mirae Asset Midcap Fund | 1,451,346 | 1.55 | 183.07 | 1,451,346 | 2025-04-22 17:25:29 | 0% |
| DSP Small Cap Fund | 1,339,013 | 1.43 | 168.9 | 1,339,013 | 2025-04-22 15:56:56 | 0% |
| Invesco India Contra Fund | 1,292,075 | 1.47 | 162.98 | 1,292,075 | 2025-04-22 17:25:29 | 0% |
| Mirae Asset Emerging Bluechip Fund | 1,231,657 | 0.55 | 155.36 | 1,231,657 | 2025-04-22 17:25:29 | 0% |
| UTI Mid Cap Fund | 912,321 | 1.32 | 115.08 | 912,321 | 2025-04-22 15:56:56 | 0% |
| HSBC Small Cap Fund - Regular Plan | 841,200 | 0.92 | 106.1 | 841,200 | 2025-04-22 17:25:29 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 18.48 | 26.51 | 21.64 | 23.69 | 19.37 |
| Diluted EPS (Rs.) | 18.47 | 26.48 | 21.62 | 23.68 | 19.37 |
| Cash EPS (Rs.) | 29.17 | 36.49 | 30.10 | 31.29 | 26.12 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 172.27 | 167.96 | 151.03 | 137.38 | 121.52 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 172.27 | 167.96 | 151.03 | 137.38 | 121.52 |
| Revenue From Operations / Share (Rs.) | 290.96 | 287.41 | 275.25 | 232.74 | 174.79 |
| PBDIT / Share (Rs.) | 41.99 | 46.83 | 39.30 | 40.09 | 33.32 |
| PBIT / Share (Rs.) | 31.61 | 37.54 | 30.95 | 32.85 | 26.62 |
| PBT / Share (Rs.) | 30.35 | 36.21 | 29.05 | 32.05 | 25.94 |
| Net Profit / Share (Rs.) | 18.79 | 27.20 | 21.75 | 24.04 | 19.42 |
| NP After MI And SOA / Share (Rs.) | 18.48 | 26.50 | 21.64 | 23.68 | 19.36 |
| PBDIT Margin (%) | 14.43 | 16.29 | 14.27 | 17.22 | 19.06 |
| PBIT Margin (%) | 10.86 | 13.05 | 11.24 | 14.11 | 15.22 |
| PBT Margin (%) | 10.43 | 12.59 | 10.55 | 13.76 | 14.84 |
| Net Profit Margin (%) | 6.45 | 9.46 | 7.90 | 10.32 | 11.10 |
| NP After MI And SOA Margin (%) | 6.35 | 9.21 | 7.86 | 10.17 | 11.07 |
| Return on Networth / Equity (%) | 10.72 | 16.13 | 14.80 | 17.76 | 16.48 |
| Return on Capital Employeed (%) | 16.51 | 20.78 | 19.08 | 22.46 | 20.48 |
| Return On Assets (%) | 7.83 | 11.91 | 10.34 | 12.62 | 12.19 |
| Long Term Debt / Equity (X) | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.06 | 0.06 | 0.08 | 0.06 | 0.05 |
| Asset Turnover Ratio (%) | 1.27 | 1.33 | 1.34 | 1.26 | 1.07 |
| Current Ratio (X) | 2.57 | 2.64 | 2.25 | 2.20 | 2.81 |
| Quick Ratio (X) | 1.70 | 1.85 | 1.50 | 1.50 | 2.00 |
| Inventory Turnover Ratio (X) | 1.86 | 1.78 | 1.62 | 1.78 | 1.15 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 33.95 | 41.59 | 33.77 | 51.64 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 25.14 | 30.02 | 25.86 | 38.35 |
| Earning Retention Ratio (%) | 0.00 | 66.05 | 58.41 | 66.23 | 48.36 |
| Cash Earning Retention Ratio (%) | 0.00 | 74.86 | 69.98 | 74.14 | 61.65 |
| Interest Coverage Ratio (X) | 33.40 | 35.32 | 28.03 | 50.14 | 49.50 |
| Interest Coverage Ratio (Post Tax) (X) | 18.35 | 21.52 | 16.87 | 31.07 | 29.84 |
| Enterprise Value (Cr.) | 13329.96 | 18137.81 | 16673.61 | 15973.29 | 14421.34 |
| EV / Net Operating Revenue (X) | 2.88 | 3.96 | 3.81 | 4.31 | 5.19 |
| EV / EBITDA (X) | 19.93 | 24.32 | 26.65 | 25.03 | 27.20 |
| MarketCap / Net Operating Revenue (X) | 2.95 | 4.02 | 3.83 | 4.37 | 5.29 |
| Retention Ratios (%) | 0.00 | 66.04 | 58.40 | 66.22 | 48.35 |
| Price / BV (X) | 4.98 | 7.04 | 7.21 | 7.64 | 7.87 |
| Price / Net Operating Revenue (X) | 2.95 | 4.02 | 3.83 | 4.37 | 5.29 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Kajaria Ceramics Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 18.48. This value is within the healthy range. It has decreased from 26.51 (Mar 24) to 18.48, marking a decrease of 8.03.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.47. This value is within the healthy range. It has decreased from 26.48 (Mar 24) to 18.47, marking a decrease of 8.01.
- For Cash EPS (Rs.), as of Mar 25, the value is 29.17. This value is within the healthy range. It has decreased from 36.49 (Mar 24) to 29.17, marking a decrease of 7.32.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 172.27. It has increased from 167.96 (Mar 24) to 172.27, marking an increase of 4.31.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 172.27. It has increased from 167.96 (Mar 24) to 172.27, marking an increase of 4.31.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 290.96. It has increased from 287.41 (Mar 24) to 290.96, marking an increase of 3.55.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 41.99. This value is within the healthy range. It has decreased from 46.83 (Mar 24) to 41.99, marking a decrease of 4.84.
- For PBIT / Share (Rs.), as of Mar 25, the value is 31.61. This value is within the healthy range. It has decreased from 37.54 (Mar 24) to 31.61, marking a decrease of 5.93.
- For PBT / Share (Rs.), as of Mar 25, the value is 30.35. This value is within the healthy range. It has decreased from 36.21 (Mar 24) to 30.35, marking a decrease of 5.86.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 18.79. This value is within the healthy range. It has decreased from 27.20 (Mar 24) to 18.79, marking a decrease of 8.41.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 18.48. This value is within the healthy range. It has decreased from 26.50 (Mar 24) to 18.48, marking a decrease of 8.02.
- For PBDIT Margin (%), as of Mar 25, the value is 14.43. This value is within the healthy range. It has decreased from 16.29 (Mar 24) to 14.43, marking a decrease of 1.86.
- For PBIT Margin (%), as of Mar 25, the value is 10.86. This value is within the healthy range. It has decreased from 13.05 (Mar 24) to 10.86, marking a decrease of 2.19.
- For PBT Margin (%), as of Mar 25, the value is 10.43. This value is within the healthy range. It has decreased from 12.59 (Mar 24) to 10.43, marking a decrease of 2.16.
- For Net Profit Margin (%), as of Mar 25, the value is 6.45. This value is within the healthy range. It has decreased from 9.46 (Mar 24) to 6.45, marking a decrease of 3.01.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 6.35. This value is below the healthy minimum of 8. It has decreased from 9.21 (Mar 24) to 6.35, marking a decrease of 2.86.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.72. This value is below the healthy minimum of 15. It has decreased from 16.13 (Mar 24) to 10.72, marking a decrease of 5.41.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.51. This value is within the healthy range. It has decreased from 20.78 (Mar 24) to 16.51, marking a decrease of 4.27.
- For Return On Assets (%), as of Mar 25, the value is 7.83. This value is within the healthy range. It has decreased from 11.91 (Mar 24) to 7.83, marking a decrease of 4.08.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.02.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.06. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.06.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.27. It has decreased from 1.33 (Mar 24) to 1.27, marking a decrease of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 2.57. This value is within the healthy range. It has decreased from 2.64 (Mar 24) to 2.57, marking a decrease of 0.07.
- For Quick Ratio (X), as of Mar 25, the value is 1.70. This value is within the healthy range. It has decreased from 1.85 (Mar 24) to 1.70, marking a decrease of 0.15.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.86. This value is below the healthy minimum of 4. It has increased from 1.78 (Mar 24) to 1.86, marking an increase of 0.08.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 33.95 (Mar 24) to 0.00, marking a decrease of 33.95.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 25.14 (Mar 24) to 0.00, marking a decrease of 25.14.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 66.05 (Mar 24) to 0.00, marking a decrease of 66.05.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 74.86 (Mar 24) to 0.00, marking a decrease of 74.86.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 33.40. This value is within the healthy range. It has decreased from 35.32 (Mar 24) to 33.40, marking a decrease of 1.92.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 18.35. This value is within the healthy range. It has decreased from 21.52 (Mar 24) to 18.35, marking a decrease of 3.17.
- For Enterprise Value (Cr.), as of Mar 25, the value is 13,329.96. It has decreased from 18,137.81 (Mar 24) to 13,329.96, marking a decrease of 4,807.85.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.88. This value is within the healthy range. It has decreased from 3.96 (Mar 24) to 2.88, marking a decrease of 1.08.
- For EV / EBITDA (X), as of Mar 25, the value is 19.93. This value exceeds the healthy maximum of 15. It has decreased from 24.32 (Mar 24) to 19.93, marking a decrease of 4.39.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.95. This value is within the healthy range. It has decreased from 4.02 (Mar 24) to 2.95, marking a decrease of 1.07.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 66.04 (Mar 24) to 0.00, marking a decrease of 66.04.
- For Price / BV (X), as of Mar 25, the value is 4.98. This value exceeds the healthy maximum of 3. It has decreased from 7.04 (Mar 24) to 4.98, marking a decrease of 2.06.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.95. This value is within the healthy range. It has decreased from 4.02 (Mar 24) to 2.95, marking a decrease of 1.07.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Kajaria Ceramics Ltd:
- Net Profit Margin: 6.45%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.51% (Industry Average ROCE: 12.44%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.72% (Industry Average ROE: 13.16%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 18.35
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.7
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 42.8 (Industry average Stock P/E: 38.04)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.06
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 6.45%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Ceramics/Tiles/Sanitaryware | SF-11, Second Floor, JMD Regent Plaza, Gurgaon Haryana 122001 | investors@kajariaceramics.com http://www.kajariaceramics.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ashok Kajaria | Chairman & Managing Director |
| Mr. Chetan Kajaria | Joint Managing Director |
| Mr. Rishi Kajaria | Joint Managing Director |
| Mr. Dev Datt Rishi | Non Executive Director |
| Mr. Rajender Mohan Malla | Independent Director |
| Dr. Lalit Kumar Panwar | Independent Director |
| Mr. Sudhir Bhargava | Independent Director |
| Mr. Ambika Sharma | Independent Director |
FAQ
What is the intrinsic value of Kajaria Ceramics Ltd?
Kajaria Ceramics Ltd's intrinsic value (as of 22 November 2025) is 711.47 which is 34.00% lower the current market price of 1,078.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 17,162 Cr. market cap, FY2025-2026 high/low of 1,322/745, reserves of ₹2,728 Cr, and liabilities of 3,755 Cr.
What is the Market Cap of Kajaria Ceramics Ltd?
The Market Cap of Kajaria Ceramics Ltd is 17,162 Cr..
What is the current Stock Price of Kajaria Ceramics Ltd as on 22 November 2025?
The current stock price of Kajaria Ceramics Ltd as on 22 November 2025 is 1,078.
What is the High / Low of Kajaria Ceramics Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Kajaria Ceramics Ltd stocks is 1,322/745.
What is the Stock P/E of Kajaria Ceramics Ltd?
The Stock P/E of Kajaria Ceramics Ltd is 42.8.
What is the Book Value of Kajaria Ceramics Ltd?
The Book Value of Kajaria Ceramics Ltd is 184.
What is the Dividend Yield of Kajaria Ceramics Ltd?
The Dividend Yield of Kajaria Ceramics Ltd is 0.83 %.
What is the ROCE of Kajaria Ceramics Ltd?
The ROCE of Kajaria Ceramics Ltd is 17.1 %.
What is the ROE of Kajaria Ceramics Ltd?
The ROE of Kajaria Ceramics Ltd is 11.2 %.
What is the Face Value of Kajaria Ceramics Ltd?
The Face Value of Kajaria Ceramics Ltd is 1.00.