Obermatt

Kajaria Ceramics

NSI:KAJARIACER · INE217B01036
Building ProductsMedium

360

83
EV / EBIT19
Price / Owner Earnings25
Owner Earnings Yield45
Dividend Yield79
Price/Sales6
EV / Gross Profit22
Price/Book14
Return on Capital90
Cash Return on Capital87
Return on Equity74
EBIT Margin69
Gross Profitability89
Cash Conversion31
Owner Earnings Margin75
Sales growth51
Profit Growth57
Long-Term EPS Growth90
Reinvestment47
Price momentum53
Debt load82
Refinancing23
Debt Payback100
Liquidity84
Analyst ratings22
Opinion Changes29
Price Target Upside33
Market mood1
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Kajaria Ceramics generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryBuilding Products
SizeMedium
TypePublic Company
ExchangeBSE
Founded1985
Employees1,048
ISININE217B01036
Last UpdateApr 2, 2026
Index & Theme
Home ImprovementConstructionManufacturing

Description

Kajaria Ceramics Limited manufactures, sells, and distributes ceramic and vitrified wall and floor tiles. Business Segments The company operates through several business segments thoroughly reflecting its multifaceted approach to the ceramic tile m…

Analysis

Beloved champion

Kajaria Ceramics Limited sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 29.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 12% a year, against analyst forecasts of 16%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 17/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
12
2023202420252026

All-time high

67

Jan 2023

All-time low

12

Jun 2026

Average rank

36

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
6
45
22
15
Price/Earnings
13
34
24
11
Price/Book
14
29
14
9
Dividend Yield
79
57
42
48
Value (overall)
24
33
17
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →