Kajaria Ceramics Share Price

The key financial highlights of the company's performance for Q2 FY 2018-19, ended 30 September 2018, are as follows:

1. The company recorded an increase of 8.1% in the revenue and stood at Rs.725.31 crore, as against Rs.671.23 crore for the same period in the previous year.
2. The company's net profit registered a decline of 21.2% YoY and stood at Rs.50.2 crore against Rs. 63.7 crore in Q2 FY18.
3. The EBITDA (Earnings before interest, taxes, depreciation, and amortization) also declined by 10.7% YoY and stood at Rs.108.91 crore, as against Rs.122.02 crore in Q2 FY18. The company's EBITDA margin also declined YoY by 316bps and stood at 15%.
4. The company's other income also registered a decrease by 306% and stood at Rs.4.59 crore.
5. In this quarter, the company's sales recorded an increase 11% YoY to 19.54MSM, as against 17.68MSM for the same period in the previous year.
6. Kajaria Ceramics acquired a 30% stake in Kajaria Floera thereby making it a wholly owned subsidiary.
7. The company's tiles segment registered a 6.3% YoY growth and stood at Rs.678.68 crore, as compared to Rs.638.18 crore in Q2FY18.
8. Sales grew by 11% yoy to 19.54MSM in Q2FY19 against 17.68 in Q2FY18.

Q1 FY 2018-19

The key financial highlights of the company's performance for Q1 FY 2018-19, ended 30 June 2018, are as follows:

1. The company recorded a 7.2% decline in the net profit which stood at Rs.45.4 crore, as against Rs.50.98 crore last year. The decline in the net profit was attributed to higher power and fuel cost.
2. The company's revenue from operations registered a growth of 4.6% and stood at Rs.657 crore YoY with volume growth at 9%. The Bathware segment of the company registered 69% increase in the revenue.
3. The company's finance cost was down by 46.5% YoY and stood at Rs.4.17 crore.
4. The revenues from the tile segment stood at Rs.617 crore, as against Rs.605 crore for Q1 FY18.
5. The EBITDA was down by 7.2% YoY and stood at Rs.96.8 crore, as against Rs.104.3 crore. At the same time, EBITDA margin was also down by 188bps to 14.7%.

FY 2017-18

The key financial highlights of the company's performance for the full FY 2017-18, ended 31 March 2018, are as follows:

1. The company recorded a 7% decline in its standalone profit after tax (PAT) for the financial year 2017-18. The net profit stood at Rs.252.32 crore as compared to Rs.270.16 crore.
2. The debt-equity ratio of the company was down and stood at 0.12x, as against 0.17x as on 31 March 2017.
3. The company's net income also slipped by 3% and stood at Rs.2651.76 crore as against Rs.2745.45 crore for FY17.

Kajaria Ceramics Ltd. Stock Trends in 2018

1. The opening price of the stock at the beginning of January 2018 stood at Rs.730 on NSE. The scrip fell throughout the month and stood at Rs.675. In the month of February, the stock price fell further by around 55 points and ended the month at Rs.572. The scrip was stable and did not change much in the month of March, however, it fell again in April and stood at Rs.550.
2. In the month of May, the stock price was stable and changed marginally. The scrip fell in June by around 70 points and stood at Rs.482 by the end of the month. In July, the scrip continued to fall further and reached Rs.435. The scrip picked up the pace in the month of August and stood at Rs.495 towards the end.
3. In September, the price of the stock continued its downfall and declined by around 90 points. By the end of September, the scrip stood at Rs.381. The stock increased marginally in October and ended the month at Rs.389. In November, the scrip picked up the pace and almost reached Rs.455.

Kajaria Ceramics Ltd. Stock Trends in 2016 and 2017

1. The opening price of the stock at the beginning of January 2016 was Rs.491 on NSE. The scrip decreased by around 20 points by the end of the month. In the month of February, the stock price fell even further and reached Rs.443. The scrip picked up the pace in March and ended the month at Rs.474. In April, the stock price increased even further by around 60 points and stood at Rs.536 towards the end.
2. In the month of May, the price of the stock was up by 25 points and it increased even further and crossed Rs.600 in June. The scrip increased marginally in July and ended the month at Rs.620. In the month of August, the stock price remained stable and did not change much.
3. The scrip increased further and almost hit Rs.700 towards the end of September. The stock price decreased by around 115 points toward the end in October and ended the month at Rs.586. In November the price of the stock fell further in by 110 points and stood at Rs.535 towards the end. In December, the price of the stock went down further and stood at Rs.444.
4. The opening price of the stock at the beginning of January 2017 was Rs.468 on NSE. The scrip increased throughout the month by around 125 points and reached Rs.592. The stock price remained stable in February and ended the month at Rs.575. In the month of March, the scrip increased marginally and reached Rs.569 towards the end. The stock price picked up the pace in April and reached Rs.660 by the end of the month.
5. In the month of May, the scrip changed marginally while it fell even further in June and reached Rs.652. The price of the stock was stable in the month of July and stood at Rs.658. In the month of August, the scrip picked up the pace and crossed Rs.700.
6. In the month of September, the stock price increased further and reached Rs.751. The scrip decreased marginally in October and stood at Rs.684 towards the end. In November, the stock price increased further and reached Rs.733. The scrip was stable in December and ended the month at Rs.714.

Should you invest in Kajaria Ceramics Ltd.?

1. In FY 2017-18, Kajaria Ceramics Ltd. achieved a turnover of Rs.2,711 crore.
2. The company's share price has also gradually increased in the past two years. Moreover, the stock has not witnessed any unusual fluctuations and has been consistent.
3. You could invest in Kajaria Ceramics Ltd. stock on a long-term basis. However, it is strongly advised to do thorough research on the stock before investing your hard-earned money in the stock market as it is volatile in nature.

Company Information

Kajaria Ceramics Ltd. was founded in 1985. The company has an annual aggregate capacity of 68 mn. sq. meters. The company 11 plants across India in cities like Gujarat, Uttar Pradesh, Rajasthan and Andhra Pradesh. Kajaria Ceramics offers over 2800 options in designer tiles, ceramic wall, floor tiles, vitrified tiles, among others. All the aforementioned tiles are suitable for bathrooms, living rooms, kitchen, corridors and so on. They also come in an array of colours and textures.

Management of the Company

Mr. Ashok Kajaria - Chairman & Managing Director

He has more than 30 years of experience in the tiles industry, global marketing and business related to construction industry. Ashok has completed B.Sc from BSME (British Schools in the Middle East (BSME).

Listings in NSE, BSE, and Indices

The stocks of Kajaria Ceramics Ltd. are available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and Bombay Stock Exchange (BSE).

1. BSE: 500233
2. NSE: KAJARIACER
3. ISIN: INE217B01036
4. Sector: Computers - Ceramics and Granite

The company forms a part of important indices like:

1. Nifty 500
2. Nifty Midcap 150
3. Nifty MidSmallcap 400
4. Nifty Smallcap 100
5. S&P BSE 150 MidCap Index
6. S&P BSE 250 LargeMidCap Index
7. S&P BSE 400 MidSmallCap Index
8. S&P BSE 500
9. S&P BSE AllCap
10. S&P BSE Consumer Discretionary Goods & Services
11. S&P BSE MidSmallCap
12. S&P BSE SmallCap
13. S&P BSE SmallCap Select Index

Corporate Office

1/B1 (Extn.), Mohan Co - op Industrial Estate

(Opp. Badarpur Thermal Power Station),

Mathura Road , New Delhi - 110 044

Phone: +91-11-2694 6409

Fax: +91-11-2694 6407, 2694 9544

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The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.