1. India Stocks

  2. •

    Industrials

  3. •

    Construction
Kajaria Ceramics Limited

Kajaria Ceramics Limited

KAJARIACER.NS
Kajaria Ceramics LimitedIN flagNational Stock Exchange of India
1,215.00
INR
+21.60
- -
193.52BMarket Cap
Kajaria Ceramics Limited
KAJARIACER.NS
(National Stock Exchange of India)

Recent

price

1,215.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
64.77
88.82
107.51
123.02
141.56
150.71
160.25
172.7
185.64
176.18
174.67
232.26
274.55
280.32
291
303.31
291.41
Revenue per Share
4.12
5.5
7.1
8.35
11.37
14.56
15.91
14.78
14.25
16.06
19.37
23.69
21.64
26.51
18.48
30.48
19.68
Basic EPS, GAAP
-0.5
1.07
-3.85
0.63
-5.78
2.49
12
5.38
19.97
6.32
24.91
9.85
4.01
18.68
17.61
33.68
- -
Free Cash Flow per Basic Share
0.58
1.16
1.45
1.73
2
2.4
3.01
2.99
3.62
7.23
10.01
8
9
9
11
12
- -
Dividend per Share
14.15
12.01
15.33
19.45
25.08
34.92
43.03
55.67
66.67
75.38
84.71
100.2
112.45
130.09
137.62
1
- -
Book Value per Share
14.94
19.24
25.89
37.82
51.53
65.08
77.8
88.28
102.55
111.15
120.9
136.74
148.87
165.89
174.37
194.53
- -
Tangible Book Value per Share
147
147
147
149
154
159
159
159
159
159
159
159
159
159
159
159
159
Basic Weighted Avg Shares
9,532
13,071
15,822
18,294
21,869
23,948
25,469
27,449
29,508
28,004
27,772
36,966
43,715
44,642
46,351
48,304
46,420
Sales/Revenue/Turnover
12.64
12.97
12.91
13.15
13.7
16.29
16.45
13.44
12.4
11.04
14.73
13.43
10.53
12.57
9.94
14.4
10.23
Operating Margin (%)
297
393
446
470
559
726
814
885
891
1,081
1,067
1,154
1,329
1,476
1,654
1,694
1,671
Depreciation Expense
607
809
1,045
1,242
1,756
2,313
2,528
2,350
2,266
2,553
3,080
3,770
3,445
4,221
2,944
4,854
3,135
Net Income, GAAP
31.97
31.74
31.63
34.05
31.88
34.56
35.96
35.66
36.11
18.86
25.16
24.98
25.14
24.44
28.07
28.23
27.79
Effective Tax Rate (%)
6.37
6.19
6.61
6.79
8.03
9.66
9.93
8.56
7.68
9.12
11.09
10.2
7.88
9.46
6.35
10.05
6.75
Profit Margin (%)
-1,329
-854
-948
-246
103
1,366
2,680
4,053
5,847
6,708
8,331
7,920
9,382
10,961
11,111
13,154
- -
Working Capital
1,016
917
893
851
964
1,421
1,155
594
314
449
467
480
798
1,126
1,442
1,213
- -
LT Debt
2,244
2,893
3,884
5,704
8,034
10,480
12,511
14,171
16,408
17,780
19,335
21,872
24,044
26,756
28,101
31,305
- -
Total Equity
18.53
23.15
21.9
20.95
21.97
21.23
18.97
15.48
13.94
13.55
15.31
16.87
13.76
15.24
11.09
15.5
- -
Return on Invested Capital (%)
18.97
21.43
24.92
24.65
29.57
30.62
28.74
24.45
19.76
20.28
21.23
22.65
18.2
18.85
12.37
35.2
138.58
Return on Capital (%)
31.66
42.01
51.95
48.25
51.89
49.09
40.81
29.95
23.3
22.62
24.21
25.63
20.35
21.86
13.81
43.97
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,296
- -
LT Borrowings
- -
714
- -
LT Finance Leases
- -
729
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
159
- -
Market Capitalization
184,605
136,803
172,199

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
18,186
- -
Cash, Cash Equivalents & STI
- -
4,424
- -
Accounts Receivable, Net
- -
5,702
- -
Inventories
- -
6,181
- -
Total Current Liabilities
- -
7,077
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,296
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.63%
10.15%
11.4%
Free Cash Flow
115.59%
66.34%
91.22%
Net Income, GAAP
10.29%
14.19%
64.91%
Sales/Revenue/Turnover
7.72%
12.31%
4.21%
Total Cash Common Dividend
20.8%
4.79%
9.1%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,642
11,216
11,518
12,310
44,642
2025
10,958
11,618
11,556
12,218
46,351
2026
11,027
11,683
13,734
- -
48,304

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.75
6.78
6.54
- -
26.51
2025
5.64
5.29
4.88
2.67
18.48
2026
6.84
5.51
9.78
- -
30.48

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9
2025
- -
- -
- -
- -
11
2026
- -
- -
- -
- -
12
Similar Companies
Everjoy Health Group Co., Ltd. (002162.SZ)
Daikin Industries,Ltd. (6367.T)
Plasson Industries Ltd (PLSNF)
Latham Group, Inc. (SWIM)
PT Mulia Industrindo Tbk (MLIA.JK)
Rockwool A/S (RKWAF)
Business
Kajaria Ceramics Limited, founded in 1988 and headquartered in New Delhi, India, manufactures and markets a wide range of ceramic and vitrified tiles; polished and glazed vitrified tiles; ceramic wall and floor tiles; large-format slabs like UniTerra and Gres tiles; bathware solutions including sanitaryware and faucets under the Kerovit brand; tile adhesives under Gresbond; and plywood and laminates, offering over 4,000 options in various sizes, colors, and textures for residential, commercial, and exterior applications. The company operates multiple production facilities across India with an aggregate annual capacity exceeding 90 million square meters, serving domestic markets through a network of over 1,600 dealers and 200 showrooms while exporting to international markets. Recent developments include board approvals in 2025 for increased investments in subsidiaries such as raising funding for Kajaria Plywood Private Limited to Rs115 crore and Kajaria Adhesive Private Limited to Rs23 crore for new manufacturing units in Rajasthan and Tamil Nadu; acquisition of additional equity shares in South Asian Ceramic Tiles Private Limited for Rs5.10 crore; ignition of a second sanitaryware tunnel kiln at Kerovit Global in Gujarat for high-end production; expansion of large-format tile capabilities with a new Gailpur plant and ties to 14 pan-India facilities; and openings of multiple experience centers and showrooms in cities like Bengaluru, Ludhiana, and Coimbatore to bolster distribution.