Exxaro Tiles Ltd.

Exxaro Tiles Ltd.

6.47
INR
-0.31
(-4.57%)
0.10EPS
69.79P/E
2.99BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
5.39
5.34
7.69
8
7.04
6.73
6.74
6.75
7.61
Basic EPS, GAAP
0.2
0.25
0.46
0.45
0.16
0.05
- -
0.06
0.1
Free Cash Flow per Basic Share
0.85
0.1
1.1
0.5
-0.91
- -
0.35
0.53
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.26
3.6
4.05
5.96
6.13
6.19
6.19
6.25
- -
Tangible Book Value per Share
3.26
3.6
4.05
5.96
6.13
6.19
6.19
6.25
- -
Basic Weighted Avg Shares
447
447
332
407
447
447
447
447
427
Sales/Revenue/Turnover
2,413
2,389
2,551
3,253
3,149
3,011
3,016
3,020
3,252
Operating Margin (%)
9.99
12
13.76
10.76
5.63
5.04
4.37
4.59
4.95
Depreciation Expense
141
143
136
136
158
94
95
97
97
Net Income, GAAP
89
113
152
181
73
22
-1
28
41
Effective Tax Rate (%)
- -
7.48
11.29
30.77
28.25
29.55
107.03
29.02
25.07
Profit Margin (%)
3.7
4.71
5.97
5.56
2.31
0.75
-0.04
0.94
1.26
Working Capital
197
384
484
1,441
1,019
1,114
1,099
1,217
- -
LT Debt
850
831
664
220
289
214
159
227
- -
Total Equity
1,095
1,207
1,360
2,668
2,741
2,767
2,768
2,797
- -
Return on Invested Capital (%)
- -
9.74
10.56
7.81
3.79
2.91
-0.24
2.92
- -
Return on Capital (%)
- -
9.97
11.36
7.88
3.86
3.16
-0.25
2.85
- -
Return on Common Equity (%)
- -
9.78
11.86
8.99
2.69
0.82
-0.04
1.02
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
706
- -
LT Borrowings
- -
197
- -
LT Finance Leases
- -
29
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
447
447
447
Market Capitalization
3,682
2,774
2,993

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,963
- -
Cash, Cash Equivalents & STI
- -
59
- -
Accounts Receivable, Net
- -
1,024
- -
Inventories
- -
1,573
- -
Total Current Liabilities
- -
1,746
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
706
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.18%
1.06%
Free Cash Flow
- -
-4,502.39%
51.55%
Net Income, GAAP
- -
-528.37%
-2,426.38%
Sales/Revenue/Turnover
- -
4.04%
0.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
599
699
794
950
3,016
2026
649
690
711
999
3,020
2027
852
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.09
-0.01
0.03
0.08
- -
2026
0.02
0.03
0.01
- -
0.06
2027
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Mukeshkumar Babubhai Patel
Full Time Employees
506
Sector
Producer manufacturing
Industry
Building products
Address
Ganesh Glory11, D-Block Ahmedabad GJ India 382470
IPO Date
Aug 16, 2021
Business
Exxaro Tiles Limited manufactures and markets vitrified tiles primarily for flooring solutions in India and internationally. The company produces double charge vitrified tiles, glazed vitrified tiles, full body vitrified tiles, polished vitrified tiles, and full color body tiles under the Exxaro brand, including specific series such as Topaz, Galaxy, High Gloss, Callisto Marble eMarble, Spanzia Prima double charge, and Earthstone full color body; these products cater to residential flooring, bathrooms, kitchens, staircases, exteriors, porches, parking, commercial flooring, outdoor terraces, and landscaping applications for architects, interior designers, builders, developers, hotels, hospitals, educational institutions, government projects, and religious institutions. Exxaro Tiles operates manufacturing facilities in Gujarat with a nationwide distribution network, depots, warehouses, and supply chain segmented by zones, districts, and states, supplemented by outsourcing from Morbi to meet demand. Founded in 2007 as a partnership firm and incorporated in 2008 as Ricasil Ceramic Industries Private Limited, the company changed its name to Exxaro Tiles Limited in December 2020 and maintains headquarters at Ganesh Glory, Ahmedabad, Gujarat. In recent developments, Exxaro Tiles reports profit recovery with net profit of ₹1.20 crore in Q2 FY26, up 48% quarter-on-quarter, alongside revenue growth to ₹68.96 crore, improved operating cash flow of ₹23 crore in FY25, declining long-term debt to ₹15.88 crore, and bullish technical indicators as of November 2025, while focusing on organic growth without major acquisitions, partnerships, or strategic shifts.