Kajaria Ceramics Ltd Stock Analysis

BSE: 500233 | NSE: KAJARIACER | Ceramics/Marble/Granite/Sanitaryware | Mid Cap

BSE Share Price Jan 27, 18:01
1271.95 16.70 (1.33%)

DeciZen - Make an Informed Decision on Kajaria Ceramics

Overall Rating
See How?

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is Kajaria Ceramics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kajaria Ceramics Ltd is a good quality company.

2. Is Kajaria Ceramics Ltd undervalued or overvalued?

The key valuation ratios of Kajaria Ceramics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kajaria Ceramics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kajaria Ceramics Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Kajaria Ceramics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kajaria Ceramics Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 21.5%21.7%20.3%21.3%21.7%19.8%16.5%14.6%14.7%16.3%-
Value Creation Index 0.50.60.50.60.60.50.20.10.10.2-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 1,3131,5831,8362,1872,4132,5502,7112,9562,8082,7813,556
YoY Gr. Rt. %-20.6%16%19.1%10.4%5.6%6.3%9.1%-5%-1%-
Adj EPS 5.67.28.311.114.815.914.814.716.119.725.7
YoY Gr. Rt. %-29.1%14.9%34.6%32.6%8.1%-7.3%-0.7%9.5%22.2%-
BVPS (₹) 19.224.533.346.660.973.884.598.6107.5117.2135.5
Adj Net Profit 81.9106125177235253235233256313408
Cash Flow from Ops. 90.997.6166180316338238317224509-
Debt/CF from Ops. 3.13.31.41.40.90.60.70.40.60.2-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 8.7%2.9%0.9%-1%
Adj EPS 15%5.9%10%22.2%
BVPS 22.31411.69.1
Share Price 36.5% 16.8% 33.3% 49.7%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 32.532.92827.827.423.618.61615.517.520.3
Op. Profit Mgn % 15.815.615.616.319.119.616.915.414.918.517.9
Net Profit Mgn % 6.36.97.28.59.9108.48911.311.5
Debt to Equity 10.90.50.30.30.20.10.10.10.1-
Working Cap Days 938986891051071111131251210
Cash Conv. Cycle 152427283037646976750

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 20.30%

Sales growth is good in last 4 quarters at 53.13%

Sales growth has been subdued in last 3 years 0.86%

Net Profit has been subdued in last 3 years 9.96%

Latest Financials - Kajaria Ceramics Ltd.

Standalone Consolidated
TTM EPS (₹) 23.6 25.7
TTM Sales (₹ Cr.) 3,172 3,556
BVPS (₹.) 134.8 135.5
Reserves (₹ Cr.) 2,131 2,142
P/BV 9.31 9.26
PE 53.28 48.94
From the Market
52 Week Low / High (₹) 805.70 / 1379.00
All Time Low / High (₹) 1.41 / 1379.00
Market Cap (₹ Cr.) 19,984
Equity (₹ Cr.) 15.9
Face Value (₹) 1
Industry PE 40.3

Management X-Ray of Kajaria Ceramics :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Kajaria Ceramics Ltd

Kajaria Ceramics Limited is the largest manufacturer of ceramic and vitrified tiles in India. Equipped with cutting-edge technology, the company strive to deliver quality products and services to its customers. Its team of experts work around the clock to ensure that the quality of its product is never compromised.
 
In order to cater to the specific needs of its customers, the company produces various categories of tiles, including kitchen tiles, bathroom tiles, wall tiles, floor tiles and exterior wall tiles. It aims at producing tiles that complement the distinctive style of its customers and cater to the vast needs of Indian audience. All of its tiles are crafted with intense care using state-of-the-art technology to ensure that it live up to the expectations of its buyers. Choicest of materials are used to produce the company’s magnificent range of products. 

The company’s mesmerizing range of designer bathroom & kitchen floor and wall tiles have a luxurious appeal and seem to have been struck with afflatus. The premier collection is a showstopper and has the ability to make any dimension look grand. Every single piece of tile from the company’s range of designer bathroom & kitchen floor and wall tiles has a compelling aura. The matt finish tiles for kitchen from company’s collection fit perfectly with modern day designs while its rustic kitchen wall tiles blend easily with every surrounding.

Business area of the company

The company is the leader in the Indian tile industry. It has a manufacturing presence across regions. The company’s presence straddles across the entire tile value chain - ceramic wall and floor tiles, polished and glazed vitrified tiles -- providing customers with the widest choice in tiles across all price points.

Products:

  • Bathroom Tiles
  • Kitchen Tiles
  • Wall Tiles
  • Floor Tiles
  • Vitrified Tiles
  • Ceramic Tiles
  • Polished Vitrified Tiles
  • Eternity - Glazed Vitrified Tiles

Certifications

  • ISO - 9001:2008: For implementing a Quality Management System for the Manufacture and Supply of Ceramic Tiles.
  • OHSAS-18001: For implementing an Occupational Health & Safely Management System for the Manufacturing of Ceramic Tiles.
  • SA-8000: For implementing of Social Accountability Standards for the Manufacturing of Ceramic Tiles.
  • ISO-14001: For implementing an Environmental Management system for the Manufacturing of Ceramic Tiles.
  • ISO-22000:2005: For implementing a Food Safety Management System for the Manufacturing of Ceramic Tiles.
  • ISO-50001:2011: For Establishing, Implementing, Maintaining and Improving an Energy Management System for a systematic approach in achieving continual improvement of energy performance.
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