The ceramic industry is one of the top-performing sectors in the Indian stock market. China is the largest producer, consumer, and exporter of ceramic materials in the world. However, many people don’t know that the Indian ceramic industry is the second largest in the world after china. In this article, we will discuss the top ceramic stocks in India.
Below companies data is based on 15-03-2022
Table of Contents
Kajaria Ceramics Ltd
Kajaria ceramics is one of the top ceramic Companies in India. Its headquarters is in New Delhi. The company mainly deals with ceramic wall tiles, floor tiles, bathroom tiles, kitchen tiles, etc. Currently, the company has more than five manufacturing plants in India with a production capacity of 73 million square meters. In addition, the company has started a plywood business via Kajaria plywood.
The company has acquired prestigious Asia’s most promising brand award in the premium tiles category. Its manufacturing plants are located in Uttar Pradesh, Rajasthan, Rajasthan, Andhra Pradesh, Gujrat. Let us discuss the financial details of the company.
Company Details:
| Founder | Ashok Kajaria |
| Founded | 1988 |
| Market Cap | 21281 Cr |
| Share Price | Rs 980.1 |
| P/E Ratio | 52.1 |
| ROE | 15.93 |
| ROCE | 19.46 |
| Debt to Equity | 0.31 |
| Promoter Holding | 47.5 |
Somany Ceramics Ltd
Somany is one of the largest ceramic companies in India. The company was established by Shri H.L. Somany in the year 1969. It is an international company that deals with ceramic products like ceramic walls, floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitaryware, etc. The company has its manufacturing units in India, Africa, The Middle East, the UK, Russia, etc. In India, the company has its manufacturing units in Gujarat and Haryana.
Company Details:
| Founder | Shri H L Somany |
| Founded | 1969 |
| Market Cap | 3727 Crs |
| Share Price | Rs 662.2 |
| P/E Ratio | 37.59 |
| ROE | 7.64 |
| ROCE | 12.73 |
| Debt to Equity | 1.07 |
| Promoter Holding | 54.8 |
Nitco Limited
NITCO is one of the top ceramic companies in India. Pran Nath Talwar established the company in 1953 and is based in Mumbai. The company mainly deals with floor tiles, NITCO marble, etc. NITCO products can be used in bathrooms, living rooms, kitchens, bedrooms, etc. NITCO products are available in Nepal, Belgium, South Africa, Ireland, UAE, Bhutan, Uganda, Bahrain, Canada, Kenya, Ethiopia, Kenya, Zambia, Maldives, Australia, etc. In addition, NITCO has one of its manufacturing units in Italy.
Company Details:
| Founder | Vivek Prannath Talwar |
| Founded | 1953 |
| Market Cap | 231 Crs |
| Share Price | Rs 25.75 |
| P/E Ratio | – |
| ROE | 152.4 |
| ROCE | -21.45 |
| Debt to Equity | -11.28 |
| Promoter Holding | 53.0 |
Asian Granito India Ltd
Asian Granito India Ltd was established in the year 2000. It is one of the largest ceramic companies in India. The company has more than 300 showrooms in India. Asian Granito products are available in more than 50 countries.
The company started its first plant in Gujarat with a 4000 square meters per day production capacity. The company deals with manufacturing ceramic tiles, vitrified tiles, outdoor tiles, etc.
Company Details:
| Founder | Kamlesh Bhai Patel and Mukesh Bhai Patel |
| Founded | 2000 |
| Market Cap | 701 Crs |
| Share Price | Rs 101.9 |
| P/E Ratio | 4.18 |
| ROE | 8.69 |
| ROCE | 12.79 |
| Debt to Equity | 1.08 |
| Promoter Holding | 26.1 |
Cera Sanitaryware Limited
Cera Sanitaryware Limited was established in the year 1998, and it is based in Ahmedabad. The company deals with the manufacture of wall tiles, sanitaryware, wellness, kitchen sinks, mirrors, etc. Cera sells all their products under the brand names of Refinito, Ruvido, Elegante, Eterno, Fiore, and Lucido.
Company Details:
| Founder | Atul Sanghvi |
| Founded | 1998 |
| Market Cap | 6077 Crs |
| Share Price | Rs 4413.9 |
| P/E Ratio | 42.12 |
| ROE | 11.41 |
| ROCE | 11.79 |
| Debt to Equity | 0.56 |
| Promoter Holding | 54.5 |
Comparison of All Companies
| Kajaria | Somany | Nitco | Asian Granito | Cera Sanitaryware | |
| Market Cap (Cr.) | 21281 | 3727 | 231 | 701 | 6077 |
| Share Price | Rs 980.1 | Rs 662.2 | Rs 25.75 | Rs 101.9 | Rs 4413.9 |
| P/E Ratio | 52.1 | 37.59 | – | 4.18 | 42.12 |
| ROE % | 15.93 | 7.64 | 152.4 | 8.69 | 11.41 |
| ROCE % | 19.46 | 12.73 | -21.45 | 12.79 | 11.79 |
| Debt to Equity | 0.31 | 1.07 | -11.28 | 1.08 | 0.56 |
| Promoter Holding % | 47.5 | 54.8 | 53.0 | 26.1 | 54.5 |
