Kajaria Ceramics Ltd
About
With a combined annual capacity of 93.10 million sq. mt. across its 9 plants, Kajaria Ceramics is the largest ceramic/vitrified tile manufacturer in India. Two of its plants are located in Rajasthan, three in Gujarat, one each in Uttar Pradesh, Andhra Pradesh, and Telangana, and another in Nepal. It is the only Indian tile company to be awarded the ‘Superbrand’ distinction thirteen times in a row and only the sixth Indian company across all industries to do so. It offers over 3000 options in ceramic wall tiles, floor tiles, polished and glazed vitrified tiles, sanitaryware and faucets, and tile adhesives. These offerings are used in various household spaces such as bathrooms, living rooms, study rooms, corridors, kitchens, and more. Kajaria’s products are exported to more than 35 countries across the world, including Germany, Yemen, Taiwan, Australia, and the USA.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4610 2.3% | 4507 18.4% | 3807 42.7% | 2669 -8.5% | 2917 -3.1% | 3011 10.1% | 2735 7.2% | 2552 2.5% | 2490 8.9% | 2286 26.7% | 1804 12.3% | 1607 20.3% | 1336 40.8% | 949 28.0% | 742 13.3% | 655 - |
| Net Operating Income (INR Cr) | 4578 4.48% | 4382 18.26% | 3705 33.24% | 2781 -0.97% | 2808 -5.01% | 2956 9.06% | 2711 6.31% | 2550 5.64% | 2413 10.36% | 2187 19.09% | 1836 15.98% | 1583 20.58% | 1313 37.74% | 953 0.00% | 736 10.63% | 665 32.83% |
| Profit (INR Cr) | 422 22.5% | 345 -8.6% | 377 22.4% | 308 20.7% | 255 12.7% | 227 -3.6% | 235 -7.1% | 253 9.3% | 231 31.7% | 176 41.4% | 124 18.9% | 105 29.2% | 81 33.4% | 61 69.1% | 36 302.8% | 9 - |
| Assets (INR Cr) | 2919 9.1% | 2676 12.9% | 2371 14.1% | 2078 5.5% | 1970 11.4% | 1768 10.8% | 1595 8.2% | 1475 9.1% | 1351 27.8% | 1057 29.6% | 816 13.7% | 717 25.0% | 574 11.1% | 517 14.2% | 452 -7.2% | 487 - |
| Net Worth (INR Cr) | 2617 12.5% | 2327 9.6% | 2122 13.6% | 1869 9.0% | 1714 8.9% | 1575 16.6% | 1351 15.0% | 1175 20.9% | 972 31.2% | 741 39.9% | 530 46.7% | 361 27.9% | 282 26.8% | 223 0.0% | 189 16.8% | 162 4.6% |
| Employee Cost (INR Cr) | 505 9.5% | 461 13.1% | 408 25.6% | 325 -9.0% | 357 3.3% | 345 8.8% | 318 10.0% | 289 14.4% | 252 21.7% | 207 21.1% | 171 25.6% | 136 27.3% | 107 40.9% | 76 27.0% | 60 21.8% | 49 - |
| Interest Cost (INR Cr) | 21 | 22 | 13 | 11 | 20 | 16 | 24 | 34 | 34 | 29 | 41 | 46 | 49 | 30 | 42 | 58 |
| Cash & Bank Balance (INR Cr) | 514 | 394 | 424 | 443 | 225 | 252 | 82 | 52 | 22 | 11 | 6 | 4 | 7 | 4 | 4 | 8 |
| Total Debt (INR Cr) | 239 | 250 | 165 | 126 | 166 | 120 | 170 | 213 | 294 | 243 | 236 | 320 | 278 | 288 | 263 | 325 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 9.2% | 7.6% | 9.9% | 11.5% | 8.8% | 7.5% | 8.6% | 9.9% | 9.3% | 7.7% | 6.9% | 6.5% | 6.1% | 6.4% | 4.8% | 1.4% |
| Profit As % Of Assets | 14.5% | 12.9% | 15.9% | 14.8% | 13.0% | 12.8% | 14.7% | 17.1% | 17.1% | 16.6% | 15.2% | 14.6% | 14.1% | 11.7% | 7.9% | 1.8% |
| Profit As % Of Networth | 16.1% | 14.8% | 17.8% | 16.5% | 14.9% | 14.4% | 17.4% | 21.5% | 23.8% | 23.7% | 23.5% | 29.0% | 28.7% | 27.2% | 18.9% | 5.5% |
| Interest Cost to EBITDA % | 3.0% | 3.8% | 2.4% | 2.1% | 4.7% | 3.5% | 5.3% | 6.9% | 7.5% | 8.4% | 14.5% | 18.8% | 23.6% | 20.4% | 37.0% | 61.4% |
| Debt to Equity Ratio | 0.09 | 0.11 | 0.08 | 0.07 | 0.10 | 0.08 | 0.13 | 0.18 | 0.30 | 0.33 | 0.45 | 0.89 | 0.99 | 1.29 | 1.39 | 2.01 |
| RONW | 17.5% | 15.6% | 19.2% | 17.2% | 15.4% | 15.6% | 18.1% | 23.6% | 27.6% | 29.1% | 28.6% | 31.8% | 31.9% | 27.1% | 20.4% | 5.6% |
| ROCE | 21.9% | 19.8% | 24.2% | 21.6% | 18.4% | 23.1% | 25.9% | 32.2% | 34.8% | 33.9% | 32.3% | 31.6% | 30.9% | 23.1% | 20.0% | 14.5% |