Kajaria Ceramics Limited manufactures and sells ceramic and vitrified tiles under the Kajaria Eternity brand in India.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Kajaria Ceramics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500233's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500233 underperformed the Indian Building industry which returned -39.6% over the past year.
Return vs Market: 500233 underperformed the Indian Market which returned -23.7% over the past year.
Price Volatility Vs. Market
How volatile is Kajaria Ceramics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StKajaria Ceramics Limited (BOM:500233): Should The Recent Earnings Drop Worry You?
2 years ago | Simply Wall StTop Growth Stocks To Buy
2 years ago | Simply Wall StTop Growth Stocks To Buy
Is Kajaria Ceramics undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500233 (₹315.8) is trading above our estimate of fair value (₹154.82)
Significantly Below Fair Value: 500233 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500233 is poor value based on its PE Ratio (18.5x) compared to the Building industry average (8.1x).
PE vs Market: 500233 is poor value based on its PE Ratio (18.5x) compared to the Indian market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: 500233 is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: 500233 is overvalued based on its PB Ratio (3x) compared to the IN Building industry average (0.6x).
How is Kajaria Ceramics forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500233's forecast earnings growth (7.2% per year) is below the savings rate (7.2%).
Earnings vs Market: 500233's earnings (7.2% per year) are forecast to grow slower than the Indian market (16.8% per year).
High Growth Earnings: 500233's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500233's revenue (4.8% per year) is forecast to grow slower than the Indian market (7.2% per year).
High Growth Revenue: 500233's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500233's Return on Equity is forecast to be low in 3 years time (14.8%).
How has Kajaria Ceramics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500233 has high quality earnings.
Growing Profit Margin: 500233's current net profit margins (9.1%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: 500233's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: 500233's earnings growth over the past year (20%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: 500233 earnings growth over the past year (20%) exceeded the Building industry 1.2%.
Return on Equity
High ROE: 500233's Return on Equity (15.7%) is considered low.
How is Kajaria Ceramics's financial position?
Financial Position Analysis
Short Term Liabilities: 500233's short term assets (₹11.8B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: 500233's short term assets (₹11.8B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 500233's debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: 500233's debt to equity ratio has reduced from 27.8% to 6.1% over the past 5 years.
Debt Coverage: 500233's debt is well covered by operating cash flow (319%).
Interest Coverage: 500233's interest payments on its debt are well covered by EBIT (90.8x coverage).
What is Kajaria Ceramics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500233's dividend (0.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 500233's dividend (0.95%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).
Stability and Growth of Payments
Stable Dividend: 500233's dividends per share have been stable in the past 10 years.
Growing Dividend: 500233's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), 500233's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500233's dividends in 3 years are forecast to be well covered by earnings (27.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ashok Kajaria (72yo)
Mr. Ashok K. Kajaria, B.Sc., BSME, has been the Chairman and Joint Managing Director of Kajaria Ceramics Limited since April 1, 2011. Mr. Kajaria served as Managing Director of Kajaria Ceramics Limited. He ...
CEO Compensation Analysis
Compensation vs Market: Ashok's total compensation ($USD595.34K) is about average for companies of similar size in the Indian market ($USD479.53K).
Compensation vs Earnings: Ashok's compensation has been consistent with company performance over the past year.
|Chairman & MD||9.08yrs||₹45.15m||1.9% ₹934.6m|
|Joint MD & Executive Director||12.83yrs||₹49.47m||17.68% ₹8.7b|
|Joint MD & Executive Director||10.83yrs||₹49.47m||18.54% ₹9.1b|
|Independent Non-Executive Director||12.92yrs||₹400.00k||no data|
|Independent Non-Executive Director||21.5yrs||₹360.00k||0.012% ₹5.8m|
|Non-Executive Director||5.33yrs||₹180.00k||0.00039% ₹192.2k|
|Independent Non-Executive Director||8.33yrs||₹200.00k||no data|
|Independent Non-Executive Director||5.17yrs||₹240.00k||no data|
Experienced Board: 500233's board of directors are considered experienced (10 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kajaria Ceramics Limited's company bio, employee growth, exchange listings and data sources
- Name: Kajaria Ceramics Limited
- Ticker: 500233
- Exchange: BSE
- Founded: 1985
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹49.277b
- Shares outstanding: 158.96m
- Website: https://www.kajariaceramics.com
- Kajaria Ceramics Limited
- Mohan Co-operative Industrial Estate
- J-1/B-1 (Extn.)
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500233||BSE (Mumbai Stock Exchange)||INR1||IN||INR||No data|
|500233||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 1995|
|KAJARIACER||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Feb 1995|
Kajaria Ceramics Limited manufactures and sells ceramic and vitrified tiles under the Kajaria Eternity brand in India. Its products include ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, adhesives for ceramic and vitrified tiles, and unsanded grout. The company markets its products through a network of dealers, such as Kajaria Eternity World, Kajaria Galaxy, and Kajaria Eternity Boutique chains, as well as Kajaria Prima Plus showrooms. It also exports its products to approximately 35 countries. Kajaria Ceramics Limited was incorporated in 1985 and is headquartered in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:55|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.