Kajaria Ceramics
Kajaria Ceramics Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Kajaria Ceramics Limited, framed against the sector median so the premium or discount is obvious at a glance.
Kajaria Ceramics Limited trades at a P/E of 39.47× and P/B of 6.25×, against the Consumer Durables sector median P/E of 33.96×.
Valuation
Profitability
Growth
Financial Health
Kajaria Ceramics Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Kajaria Ceramics Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Kajaria Ceramics Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Kajaria Ceramics Limited, switchable between annual and quarterly views, consolidated or standalone.
Kajaria Ceramics Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,92,35,31,44,633 Cr and reported EPS of ₹30.66.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,783 | 2,956 | 2,808 | 2,781 | 3,705 | 4,382 | 4,578 | 4,635 | 4,830 |
| Other Income | 11 | 18 | 24 | 21 | 28 | 34 | 46 | 43 | 53 |
| Total Income | 2,793 | 2,974 | 2,832 | 2,802 | 3,733 | 4,416 | 4,625 | 4,678 | 4,883 |
| Cost of Goods Sold (COGS) | 1,060 | 1,146 | 1,101 | 1,247 | 1,555 | 1,807 | 1,977 | 1,966 | 2,067 |
| Gross Profit | 1,722 | 1,810 | 1,707 | 1,534 | 2,150 | 2,575 | 2,601 | 2,670 | 2,763 |
| +Operating Expenses | 1,266 | 1,360 | 1,291 | 1,025 | 1,539 | 1,983 | 1,902 | 2,043 | 1,898 |
| EBITDA | 456 | 449 | 416 | 509 | 611 | 592 | 700 | 626 | 865 |
| +Non-Operating Expenses | 113 | 100 | 128 | 117 | 128 | 147 | 169 | 185 | 149 |
| Profit Before Tax (PBT) | 355 | 358 | 312 | 413 | 510 | 463 | 577 | 483 | 683 |
| +Tax Expense | 127 | 129 | 59 | 104 | 127 | 116 | 143 | 136 | 193 |
| Profit/Loss from Discontinued Ops | — | — | — | — | — | — | — | -48 | -3 |
| Total Profit for Period | 229 | 229 | 254 | 309 | 383 | 346 | 432 | 300 | 487 |
| Less: Non-controlling Interests | -6 | 2 | -2 | 1 | 6 | 2 | 10 | 6 | 2 |
| Net Profit (Owner's PAT) | 235 | 227 | 255 | 308 | 377 | 345 | 422 | 294 | 485 |
| Earnings Per Share (EPS) | 14.78 | 14.25 | 16.06 | 19.36 | 23.68 | 21.64 | 26.50 | 18.48 | 30.48 |
| Diluted Shares Outstanding (Nos.) | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| +Additional Disclosures | 3,492 | 3,760 | 3,618 | 3,637 | 4,783 | 5,753 | 6,034 | 6,119 | 6,233 |
| Sales Growth % | — | 6.24 | -5.01 | -0.97 | 33.24 | 18.26 | 4.48 | 1.24 | 4.21 |
| YoY Sales Growth % | — | 6.24 | -5.01 | -0.97 | 33.24 | 18.26 | 4.48 | 1.24 | 4.21 |
| Material Cost % | 26 | 27 | 26 | 21 | 22 | 23 | 21 | 23 | 21 |
| Employee Cost % | 11 | 12 | 13 | 12 | 11 | 11 | 11 | 12 | 11 |
| Other Cost % | 34 | 34 | 33 | 25 | 31 | 35 | 31 | 32 | 28 |
| OPM % | 16 | 15 | 15 | 18 | 16 | 14 | 15 | 14 | 18 |
| Tax % | 36 | 36 | 19 | 25 | 25 | 25 | 25 | 28 | 28 |
| Profit Growth % | — | -3.57 | 12.69 | 20.64 | 22.38 | -8.62 | 22.53 | -30.27 | 64.91 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 368 | 360 | 308 | 402 | 495 | 459 | 552 | 461 | 696 |
Kajaria Ceramics segment analysis: revenue and profit mix.
Disclosed business segments at Kajaria Ceramics with their share of revenue and profit, switchable between consolidated and standalone reporting.
Kajaria Ceramics discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Kajaria Ceramics Limited.
Our AI distills the core fundamental drivers supporting Kajaria Ceramics Limited, the risks that threaten it, and the exact valuation or growth triggers that should make you re-evaluate.
Kajaria Ceramics Limited's investment case rests on 8 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
Kajaria Ceramics shows strong financial health with an 11.20% ROE and 17.10% ROCE, indicating efficient capital use and robust operational efficiency in generating shareholder returns.
The company maintains a very low debt-to-equity ratio of 0.10, reflecting a conservative financial strategy and minimal financial risk, providing a solid base for future growth.
A significant promoter holding of 47.6% demonstrates strong confidence in the company's future, aligning management interests with shareholders and potentially reducing takeover risks.
Kajaria Ceramics reported robust quarterly profit growth of 58.40%, showcasing strong operational performance and effective cost management, leading to substantial earnings generation.
Operating in the "Consumer Durables" sector, the company benefits from rising disposable incomes and urbanization, creating sustained demand and market expansion for ceramic products.
What can break it.
The stock's P/E ratio of 48.00 is high compared to peers like Somany Ceramics (31.38), suggesting potential overvaluation which could limit future capital appreciation for investors.
FII holding has declined from 19.58% (June 2022) to 11.57% (Sept 2025), indicating a consistent reduction in confidence from major overseas investors over time.
Net profit dropped significantly to 43.00 Cr in March 2025, despite a recovery to 134.00 Cr. Such volatility raises concerns about the consistency and predictability of future profitability.
The current stock price of 1210.00 is below its 52-week high of 1322.00, indicating a lack of strong upward momentum and suggesting potential resistance or negative market sentiment.
The "Ceramics" industry is highly competitive with players like Somany Ceramics. Intense competition could lead to pricing pressures and market share erosion, impacting profitability.
What would change my mind.
Trim if P/E re-rates above 51 (~1.5× the sector multiple of 34.0). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 12%. The operating engine is no longer compounding capital efficiently.
Kajaria Ceramics Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Kajaria Ceramics Limited is highlighted for quick read-across.
Quick Compare
Kajaria Ceramics Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Kajaria Ceramics Limited — derived from the live tape, not yesterday's close.
Kajaria Ceramics Limited last traded at ₹1,207.7 with an intraday range of ₹1,180.1–₹1,214 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹1207.70| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1288.90 | +81.20 | +6.72% |
| R3 | 1255.00 | +47.30 | +3.92% |
| R2 | 1234.50 | +26.80 | +2.22% |
| R1 | 1221.10 | +13.40 | +1.11% |
| PIVOT | 1200.60 | -7.10 | -0.59% |
| CURRENT | 1207.70 | — | — |
| S1 | 1119.40 | -88.30 | -7.31% |
| S2 | 1153.30 | -54.40 | -4.50% |
| S3 | 1166.70 | -41.00 | -3.39% |
| S4 | 1187.20 | -20.50 | -1.70% |
KAJARIACER is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 1191 ~ 1205.8
Trading Above opening range, showing Bullishness
Kajaria Ceramics Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Kajaria Ceramics Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Kajaria Ceramics Limited stood at 64.2% of traded volume, against a 20-day average of 57.9%.
Kajaria Ceramics announcements: results, concalls, ratings, M&A.
Filings Kajaria Ceramics sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Kajaria Ceramics files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 166 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Schedule of Investor Meet
Record Date
Kajaria Ceramics Limited has informed the Exchange that Record date for the purpose of Buyback is 29-Jun-2026.
Copy of Newspaper Publication
Newspaper Publication: Special Window for transfer and dematerialisation of physical shares
Copy of Newspaper Publication
Publication of Notice for transfer of equity shares to Investor Education and Protection Fund ( IEPF )
Disclosure under SEBI Takeover Regulations
Kajaria Ceramics Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…
Kajaria Ceramics dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Kajaria Ceramics has declared, sequenced by announce and record date.
Kajaria Ceramics corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Kajaria Ceramics Limited: business, sector, key facts.
What Kajaria Ceramics Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Kajaria Ceramics Limited operates in the Ceramics industry under the Consumer Durables sector, listed as NSE: KAJARIACER, BSE: 500233.
Kajaria Ceramics Limited is a prominent player in the Indian ceramic tile industry, specializing in the manufacturing, sale, and distribution of a wide range of ceramic and vitrified wall and floor tiles. Their product portfolio caters to diverse needs, encompassing both domestic and international markets. The company operates primarily through two segments: Tiles and Others. The core business, the Tiles segment, focuses on producing high-quality ceramic and vitrified tiles under its flagship brand, Kajaria, along with other prominent brands like GresBond and Eternity.
The company's extensive product line includes a variety of ceramic and vitrified tile options for both wall and floor applications. This includes polished vitrified tiles, glazed vitrified tiles, and more specialized offerings to meet the diverse requirements of its customer base. In addition to tiles, Kajaria Ceramics also provides a range of complementary products crucial to tile installation and maintenance. This includes tile adhesives, epoxy and unsanded grout, and tile cleaners, thus offering a comprehensive solution to its customers.
Beyond its core tile business, the "Others" segment encompasses the manufacturing and sale of sanitary ware and faucets. This diversification broadens its product offerings and strengthens its presence in the broader home improvement and construction sectors. Furthermore, Kajaria engages in the trading of plywood and laminates, further expanding its reach within the construction materials supply chain. This strategy allows them to offer a more complete range of products to contractors and builders.
Kajaria Ceramics serves a broad customer base that includes individual homeowners, professional architects and interior designers, contractors, builders, and major corporate and government entities. The company’s international reach extends to approximately 35 countries, demonstrating its significant presence in the global market. This wide-ranging customer base highlights the versatility and appeal of Kajaria's products across diverse market segments and geographic locations.
Established in 1985 and headquartered in New Delhi, India, Kajaria Ceramics Limited has a long history of success within the Indian and international ceramics industry. Their continued growth and diversification indicate a commitment to innovation and expansion within the ever-evolving building materials market. Their integrated approach, encompassing manufacturing, distribution, and a broad product range, positions them strategically for continued success.
Questions investors ask about Kajaria Ceramics Limited (KAJARIACER).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Kajaria Ceramics Limited (KAJARIACER)?
The current share price of Kajaria Ceramics Limited (KAJARIACER) is ₹1,207.7. Today, the stock has gained by ₹14.60 (1.22%), trading in a range of ₹1,180.1 to ₹1,214. The stock opened at ₹1,195 with a trading volume of 6,02,392 shares.
02Is Kajaria Ceramics Limited stock a good investment for long-term?
Kajaria Ceramics Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,92,35,31,44,633 crores, P/E ratio of 39.47, ROE of 16.50%, and ROCE of 17.10%. The dividend yield stands at 0.99%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Kajaria Ceramics Limited stock?
The 52-week high price of Kajaria Ceramics Limited (KAJARIACER) is ₹1,321.9, while the 52-week low is ₹869.6. Currently trading at ₹1,207.7, the stock is 74.8% away from its 52-week low and 8.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Kajaria Ceramics Limited stock at the current price?
Whether to buy Kajaria Ceramics Limited stock at ₹1,207.7 depends on multiple factors. The stock is currently trading with a P/E ratio of 39.47 and P/B ratio of 6.25. Today's performance shows a gain of 1.22%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Kajaria Ceramics Limited and when is the next dividend?
Kajaria Ceramics Limited offers a dividend yield of 0.99%, which means for every ₹100 invested at the current price of ₹1,207.7, you can expect to receive approximately ₹0.99 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Kajaria Ceramics Limited?
Kajaria Ceramics Limited's key financial metrics include: P/E Ratio: 39.47, P/B Ratio: 6.25, ROE: 16.50%, ROCE: 17.10%, Dividend Yield: 0.99%, EPS: ₹30.66, Book Value: ₹192.5, and Debt-to-Equity: 0.07. The company's market cap stands at ₹1,92,35,31,44,633 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Kajaria Ceramics Limited stock performing today in the market?
Kajaria Ceramics Limited stock opened at ₹1,195 and is currently trading at ₹1,207.7, showing a gain of ₹14.60 (1.22%). The intraday high is ₹1,214 and low is ₹1,180.1. The trading volume stands at 6,02,392 shares, indicating moderate market participation today.
08What is the P/E ratio of Kajaria Ceramics Limited and what does it indicate?
Kajaria Ceramics Limited has a Price-to-Earnings (P/E) ratio of 39.47, which means investors are willing to pay ₹39.47 for every ₹1 of earnings. With an EPS of ₹30.66, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Kajaria Ceramics Limited (KAJARIACER) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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