KAJARIACERConsumer Durables

Kajaria Ceramics Limited

Ceramics · ISIN INE217B01036 · BSE 500233 · NSE EQ · FV ₹1
Last price
₹1,217
+0.11%today
What this company does

Kajaria Ceramics Limited operates in Ceramics, part of the Consumer Durables sector. It booked ₹1,328 cr of revenue in its latest quarter (Q1 FY27) and kept 12.8% of sales as profit. It is the largest of 8 Ceramics companies we track, by market value.

73out of 100
Equitytale Health Score
Solid

Healthier than 73% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns79

How much profit it earns on the money it employs

Balance sheet77

How much it owes, and whether earnings cover the interest

Cash quality85

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation58

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers
Strengths
Makes a profit
Sales up 20% vs last year
Profit up 55% vs last year
Promoters hold 48%
No promoter shares pledged
Strong 22% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in KAJARIACER?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,217 +0.11%
latest close · 2026-09-17
1-year return
+4.6%
52-wk low ₹88552-wk high ₹1,375
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio28.6Average
LowAverageHigh
P/B ratio6.33High
Below bookModerateHigh
EV / EBITDA17.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity22.1%Strong
WeakFairStrong ▸15%
Return on capital28.0%Strong
WeakFairStrong
Net margin12.8%Decent
ThinDecentStrong
EBITDA margin20.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.04Comfortable
LowModerateHigh ▸1
Interest cover47.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.97Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹19,390 cr
Book value
₹192
EPS
₹10.64
latest quarter
Net debt
₹74 cr
owes more than its cash
Enterprise value
₹19,464 cr
EBITDA
₹1,110 cr
annualised
EBIT
₹941 cr
annualised
Operating margin
17.7%
Return on assets
16.8%
Earnings yield
3.50%
P/S
3.65
Sales / share
₹333.5
Tax rate
26.2%
Face value
₹1
Shares
15.9 cr
Working capital
₹1,315 cr
Current assets
₹1,982 cr
Current liabilities
₹667 cr
Delivery %
54.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹171₹298, midpoint ₹246

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,328 cr
Other Income₹17 cr
Total Income₹1,345 cr
Cost of Materials₹253 cr
Purchases of Stock-in-Trade₹262 cr
Inventory Change (±)₹17 cr
Employee Benefit Expense₹140 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹42 cr
Other Expenses₹396 cr
Total Expenses₹1,115 cr
Profit before Tax₹230 cr
Tax Expense₹60 cr
Share of JV / Associates₹1 cr
Net Profit₹171 cr
Net margin on total income12.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹532 cr39.5%
Employee benefit expense₹140 cr10.4%
Finance costs₹5 cr0.4%
Depreciation & amortisation₹42 cr3.1%
Other expenses₹396 cr29.4%
Tax expense₹60 cr4.5%
Profit for the period₹171 cr12.7%
Total income ₹1,345 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,168 cr1,373 cr1,328 cr
Total income1,180 cr1,386 cr1,345 cr
Expenses1,015 cr1,158 cr1,115 cr
Profit before tax126 cr224 cr230 cr
Tax39 cr67 cr60 cr
Net profit (owners' share)88 cr156 cr169 cr
Net margin (owners' share, on revenue)7.5%11.3%12.8%
EPS (₹)5.539.7810.64
YoY (latest quarter): total income +20.5% · net profit +55.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹4,029 cr
Shareholder equity
₹3,066 cr
parent shareholders
Total debt
₹130 cr
Cash
₹56 cr
Cash flow · H1 FY26
Operating
₹221 cr
Investing
₹-225 cr
Financing
₹-6 cr
Peer comparison
Ceramics · by market value
CompanyPriceMarket capP/E
Kajaria Ceramics Limitedthis company₹1,217₹19,390 cr28.6
Somany Ceramics Limited₹566₹2,320 cr16.3
Nitco Limited₹86₹2,067 cr
Asian Granito India Limited₹50₹1,481 cr46.3
Orient Bell Limited₹387₹569 cr17.1
Exxaro Tiles Limited₹6₹280 cr31.3
Murudeshwar Ceramics Limited₹29₹173 cr55.1
Regency Ceramics Limited₹35₹93 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.66%
trailing 12 months
Dividend / share (TTM)
₹8
Last dividend
₹8
ex 24 Oct 2025
ActionDetailEx-date
BuybackBuy Back of Shares29 Jun 2026
Dividend₹8 / share24 Oct 2025
Dividend₹4 / share12 Sep 2025
Dividend₹5 / share4 Nov 2024
Dividend₹6 / share30 Aug 2024
Dividend₹6 / share2 Nov 2023
Who owns it · 2026-06-30
No pledge
Promoter
47.7%
FII / Foreign
11.6%
DII / Domestic
26.3%
Retail / others
14.5%
Promoter stake up 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRISHI KAJARIA · Promoter Group30,000 · ₹2.9 cr24 Dec 25
BoughtRISHI KAJARIA · Promoter Group50,000 · ₹5.2 cr12 Dec 25
BoughtVERSHA DEVI KAJARIA · Promoter Group50,000 · ₹5.2 cr9 Dec 25
Bulk / block deals
short · NSE133 Aug 26
short · NSE924 Jul 26
short · NSE10010 Jul 26
Stake changes
BoughtSBI Mutual fund under its Various Schemes→ 7.60% · 50.95 L31 Jul 25
SoldKotak Mahindra Mutual Fund→ 2.42% · 62.25 L31 Jul 25
SoldMirae Asset Mutual Fund→ 0.00% · 56,44028 Jul 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 15 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2026 and Reports of Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
5.28 cr votes for, 26 against · 0% of mutual funds and other big investors said no
2
To declare a final dividend of Rs. 6 per equity share
Backed by 100% of shareholders other than promotersneeded 50%
5.30 cr votes for, 19 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Chetan Kajaria (DIN: 00273928), who retires by rotation at this Annual General Meeting and being eligible has offered himself for re-appointment
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
5.23 cr votes for, 6.71 L against · 1% of mutual funds and other big investors said no
4
To appoint a Director in place of Mr. Rishi Kajaria (DIN: 00228455), who retires by rotation at this Annual General Meeting and being eligible has offered himself for re-appointment
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
5.23 cr votes for, 6.71 L against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 17 named members
owning 47.7% between them · as of 2026-06-30
CK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF CHETAN KAJARIA FAMILY PRIVATE TRUST)16.24%
RK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF RISHI KAJARIA FAMILY PRIVATE TRUST)16.24%
VK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF VERSHA KAJARIA FAMILY PRIVATE TRUST)8.12%
RISHI KAJARIA1.25%
A. K. KAJARIA (HUF) (KARTA A K KAJARIA)1.24%
VERSHA DEVI KAJARIA1.15%
CHETAN KAJARIA0.90%
ASHOK KUMAR KAJARIA0.66%
Business done with them
FY2025 · 9 of the group
The company paid ₹30 cr to companies in the promoter group last year — about 0.7% of its ₹4,635 cr revenue and received ₹5 cr back from them.
Rishi Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 1.25% of the company
₹8 cr
company paid
Chetan Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.90% of the company
₹7 cr
company paid
Ashok Kumar Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.66% of the company
₹7 cr
company paid
Chetan Kajaria
Sold property or assets to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.90% of the company
₹5 cr
company received
Rishi Kajaria
Bought property or assets from them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 1.25% of the company
₹3 cr
company paid
Versha Devi Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 1.15% of the company
₹2 cr
company paid
Kartik Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.28% of the company
₹1 cr
company paid
Shikha Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.38% of the company
₹66 L
company paid
Rasika Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.36% of the company
₹63 L
company paid
Vedant Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.28% of the company
₹50 L
company paid
Parth Kajaria
Other payments to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.28% of the company
₹50 L
company paid
Ashok Kumar Kajaria
Sold property or assets to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.66% of the company
₹18 L
company received
Versha Devi Kajaria
Sold property or assets to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 1.15% of the company
₹5 L
company received
Chetan Kajaria
Contribution made to them · Desciption of nature of related party transaction is mentioned along with line item with foot note, if required.
also owns 0.90% of the company
₹1 L
company paid

The company also transacted with 20 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.