MoneyWorks4Me

Kajaria Ceramics eyeing turnover of Rs 3,000 crore plus in three years

06 Nov 2013 Evaluate

Kajaria Ceramics is projecting a turnover of almost Rs 3,000 crore plus in three years i.e. from March 2013 to March 2016 for which it needs capex of approximately Rs 425-450 crore. Of the said amount, the company has raised Rs 150 crore through WestBridge and Rs 300 crore will be raised through internal accruals. The company sees a debt profile of almost Rs 300 crore by the end of March 2016.

Kajaria Ceramics manufactures more than 400 options of flooring solutions such as wall tiles, floor tiles, vitrified tiles and Spanish and Italian tiles. The tiles major market these products under the brand name Kajaria, Kerrogres, Eternity, Aparici, Saloni ceramica, Ergon and GRESPANIA Ceramica.

Peers