New Delhi: ICICI Direct Research has given Buy rating on Kajaria Ceramics. The brokerage has projected the stock to reach the level of Rs 1,495 in three months. Kajaria Ceramics is one of the leading manufacturers of ceramic/vitrified tiles in the country. Kajaria Ceramics’s market capitalisation was recorded at Rs 23,338.46 crore after the closing of the markets on September 5, 2024.
The brokerage advised the stock market investors to buy the scrip in the range of Rs 1405-1438 with a target price of Rs 1495 in three months. It advised the Kajaria Ceramic shareholders to maintain the Stop Loss at Rs 1335. Kajaria Ceramics share price settled at Rs 1,465.45 on September 5, 2024.
Important aspects of Kajaria Ceramics stock
The latest PE ratio of Kajaria Ceramics as of 5th September stood at 57.28. The latest PB ratio of the tile making company is 0.11. Kajaria Ceramics share’s 52-week high is Rs 1,545 while the 52-week low is Rs 1,110.35. ICICI Direct has a ‘Buy’ on the stock for the long term.
Stock PE (TTM): 57.28
Promoter Holding: 47.49%
Book Value: 164.2945
ROCE: 21.87%
ROE: 17.48%
Jun 2024 (Cr.)
Mar 2024 (Cr.)
Dec 2023 (Cr.)
Sep 2023 (Cr.)
Jun 2023 (Cr.)
SALES
1001.75
1104.11
1024.27
1010.22
964.42
GROSS PROFIT
148
158.45
157.89
158.53
147.91
GROSS PROFIT MARGINS
83.44
85.47
82.19
83.51
84.31
OPERATING PROFIT
133.98
136.18
143.61
146.07
136.53
OP PROFIT MARGIN
11.78
11.65
12.73
13.13
13.34
INTEREST
1.56
2
2.22
1.41
2.54
PROFIT AFTER TAX
86.57
95.23
94.96
97.6
93.66
CASH PROFIT
118.12
127.02
124.64
124.85
115.48
EPS
5.44
5.98
5.96
6.13
5.88
Kajaria Ceramics Ltd Stocks comparison
Financials( ₹ in Cr)
Somany Ceramics
Kajaria Ceramics
Orient Bell
Cera Sanitary.
Asian Granito
Price
727.95
1465.45
373.75
9201.95
90.6
% Change
1.63
0.83
0.27
-1.64
2.1
Mcap ₹ Cr
2984.89
23338.46
545.49
11968.06
1148.31
Revenue TTM ₹ Cr
2604.52
4578.42
686.58
1879.41
1530.59
Net Profit TTM ₹ Cr
99.38
432.16
0.91
241.32
-19.91
PE TTM
32.03
57.28
0
52.66
0
1 Year Return
-0.26
0.14
-22.73
-0.77
35.02
ROCE
15.03
21.87
0.93
24.11
1.24
ROE
13.19
17.48
0.34
19.16
-1.49
The data mentioned in the table has been taken from ICICI Direct.
Kajaria Ceramics manufactures below-mentioned tiles:
Glazed Vitrified Tiles
Grestough Floor Tiles
Polished Vitrified Tiles
Ceramic Wall Tiles
Tile Adhesives
Wall Tiles
Bathroom Wall Tiles
Kitchen Wall Tiles
Outdoor Wall Tiles
Living Room Wall Tiles
Bedroom Wall Tiles
Wall Tiles for Commercial Spaces
Floor Tiles
Living Room Floor Tiles
Outdoor Floor Tiles
Bedroom Floor Tiles
Kitchen Floor Tiles
Bathroom Floor tiles
Floor Tiles for Commercial Spaces
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stock to invest in: ICICI Direct has stated that Kajaria Ceramics share price is expected to rise to the level of Rs 1,495 in three months. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
