Kajaria Ceramics Ltd Stock Analysis

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

BSE Share Price 29-Sep-2023 18:02
1324.95 -2.95 (-0.22%)

DeciZen - Make an Informed Decision on Kajaria Ceramics

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Kajaria Ceramics Price Chart

P/E Ratio (CD):
58.66
Market Cap:
21,100.9 Cr.
52-wk low:
1,006.4
52-wk high:
1,522
Bole Toh?

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 Somewhat overvalued zone.

3. Is Kajaria Ceramics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kajaria Ceramics Ltd is likely to Fall 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
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 20.3%21.3%21.7%19.8%16.5%14.6%14.7%16.3%17.8%14.8%-
Value Creation Index 0.50.60.60.50.20.10.10.20.30.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,8362,1872,4132,5502,7112,9562,8082,7813,7054,3824,438
YoY Gr. Rt. %-19.1%10.4%5.6%6.3%9.1%-5%-1%33.2%18.3%-
Adj EPS 8.311.114.815.914.814.716.119.723.721.922.6
YoY Gr. Rt. %-34.6%32.6%8.1%-7.3%-0.7%9.5%22.2%20.7%-7.5%-
BVPS (₹) 33.346.660.973.884.598.6107.5117.2133.2145.6152.4
Adj Net Profit 125177235253235233256313378349360
Cash Flow from Ops. 166180316338238317224509426296-
Debt/CF from Ops. 1.41.40.90.60.70.40.60.20.30.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.2%10.1%16%18.3%
Adj EPS 11.5%8.2%10.9%-7.5%
BVPS17.8%11.5%10.7%9.3%
Share Price 26.9% 28.3% 34.1% 10.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 2827.827.423.618.61615.517.518.915.715.2
Op. Profit Mgn % 15.616.319.219.616.915.414.918.516.513.513.7
Net Profit Mgn % 7.28.59.9108.48911.310.388.1
Debt to Equity 0.50.30.30.20.10.10.10.10.10.1-
Working Cap Days 868910510711111312511695990
Cash Conv. Cycle 272830376469767055570

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.99%

Net Profit is growing at healthy rate in last 3 years 10.90%

Return on Equity has declined versus last 3 years average to 15.20%

Sales growth is not so good in last 4 quarters at 6.94%

Latest Financials - Kajaria Ceramics Ltd.

Standalone Consolidated
TTM EPS (₹) 21.6 22.6
TTM Sales (₹ Cr.) 4,021 4,438
BVPS (₹.) 151 152.4
Reserves (₹ Cr.) 2,389 2,411
P/BV 8.77 8.69
PE 61.22 58.66
From the Market
52 Week Low / High (₹) 1006.40 / 1522.00
All Time Low / High (₹) 1.41 / 1522.00
Market Cap (₹ Cr.) 21,101
Equity (₹ Cr.) 15.9
Face Value (₹) 1
Industry PE 51.1

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Kajaria Ceramics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Kajaria Ceramics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kajaria Ceramics on 29-Sep-2023 18:02 is : 1,325.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-Sep-2023 18:02 the market cap of Kajaria Ceramics stood at ₹ 21,100.9.
The latest PE ratio of Kajaria Ceramics as of 29-Sep-2023 18:02 is 61.22.
The latest PB ratio of Kajaria Ceramics as of 29-Sep-2023 18:02 is 8.77
The 52-week high of Kajaria Ceramics is ₹ 1,522 and the 52-week low is ₹ 1,006.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Kajaria Ceramics is ₹ 4,021 ( Cr.) .

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.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now