RAK Ceramics PJSC
AADX:RAKCEC2.29
AED
-0.02
(-0.87%)
ISIN
AER000301013
Return %
Stock
S&P 500
1Y
-10.20
14.20
3Y
-3.78
81.12
5Y
-16.12
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Abdallah Massaad
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Ras Al Khaimah United Arab Emirates
- IPO Date
- Oct 13, 2003
- Website
- corporate.rakceramics.com
- Similar Companies
- Business
- RAK Ceramics PJSC is a United Arab Emirates-based company engaged in the manufacturing and distribution of ceramic and porcelain lifestyle solutions. Founded in 1989 and headquartered in Ras Al Khaimah, United Arab Emirates, the company operates across four primary business segments: Tiles, Sanitaryware, Faucets, and Tableware. The company's core product portfolio encompasses a comprehensive range of architectural and interior ceramics, including ceramic and gres porcelain floor and wall tiles, anti-bacterial tiles, high-gloss rectified porcelain, and large-format porcelain slabs marketed under the Maximus Mega Slab brand; sanitaryware fixtures, such as wall-hung and floor-mounted water closets, washbasins, bidets, bathtubs, and vanity systems; bathroom and kitchen faucets, shower systems, concealed thermostats, and brassware accessories marketed under the RAK Ceramics and KLUDI brands; and vitrified porcelain tableware, hollowware, drinkware, and cutlery designed for the hospitality, food service, and retail sectors under the RAK Porcelain and Cookplay brands. Additionally, the company provides specialized architectural surfaces, hidden induction cooking systems under the CookingRAK brand, designer bathroom collections developed in collaboration with international designers, and complementary installation materials. RAK Ceramics operates manufacturing facilities across the United Arab Emirates, India, Bangladesh, and Europe, serving institutional, commercial, residential, and hospitality clients in over 150 countries through distribution hubs and subsidiaries across the Middle East, Europe, North America, South America, Asia, and Australia. In recent corporate developments, RAK Ceramics has expanded its global footprint and product integration through strategic acquisitions, partnerships, and operational enhancements. The company consolidated full ownership of RAK Porcelain by acquiring the remaining minority stake, making it a wholly-owned subsidiary, and expanded its designer tableware business through the acquisition of Spanish tableware brand Cookplay (Bankook Design Chambre, S.L.). The group has also fully integrated German faucet and sanitary fittings manufacturer KLUDI Group to strengthen its European manufacturing base and sanitaryware engineering capabilities. In addition, RAK Ceramics entered into an exclusive global licensing agreement with luxury fashion brand Roberto Cavalli to produce and market high-end ceramic tiles and bathroom suites. To support operational modernization, the company launched an enterprise-wide cloud and digital transformation initiative and commissioned an industrial carbon capture facility in Ras Al Khaimah to advance sustainable manufacturing operations.