Top Ceramic Stocks in India – 2022

ceramics stocks

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

Kajaria Ceramics Ltd

kajaria

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
Founded1988
Market Cap21281 Cr
Share PriceRs 980.1
P/E Ratio52.1
ROE15.93
ROCE19.46
Debt to Equity0.31
Promoter Holding47.5

Somany Ceramics Ltd

somany

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
Founded1969
Market Cap3727 Crs
Share PriceRs 662.2
P/E Ratio37.59
ROE7.64
ROCE12.73
Debt to Equity1.07
Promoter Holding54.8

Nitco Limited

NITCO

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
Founded1953
Market Cap231 Crs
Share PriceRs 25.75
P/E Ratio
ROE152.4
ROCE-21.45
Debt to Equity-11.28
Promoter Holding53.0

Asian Granito India Ltd

Asian Granito India

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
Founded2000
Market Cap701 Crs
Share PriceRs 101.9
P/E Ratio4.18
ROE8.69
ROCE12.79
Debt to Equity1.08
Promoter Holding26.1

Cera Sanitaryware Limited

Cera

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
Founded1998
Market Cap6077 Crs
Share PriceRs 4413.9
P/E Ratio42.12
ROE11.41
ROCE11.79
Debt to Equity0.56
Promoter Holding54.5

Comparison of All Companies

KajariaSomanyNitcoAsian GranitoCera Sanitaryware
Market Cap (Cr.)2128137272317016077
Share PriceRs 980.1Rs 662.2Rs 25.75Rs 101.9Rs 4413.9
P/E Ratio52.137.594.1842.12
ROE %15.937.64152.48.6911.41
ROCE %19.4612.73-21.4512.7911.79
Debt to Equity0.311.07-11.281.080.56
Promoter Holding %47.554.853.026.154.5
investobull
Investobull.com is a one stop place for all Finance resources We write on Finance , Trading , Investments and Economics. Follow us on Twitter , facebook and Youtube