Exxaro Tiles Limited
NSE: EXXARO · Ceramics · sector
₹6.26NSE close 2026-10-26
Key numbers
Market cap₹280 cr
Price₹6.26
52w high / low₹10 / ₹6
P/E69.5xSector median 28.7x
P/B1.0xSector median 1.6x
Book value₹6.2
Dividend yield–Sector median 0.81%
ROE1.5%Sector median 4.6%
ROCE4.7%Sector median 5.0%
OPM7.9%Sector median 7.3%
Debt / equity0.32xSector median 0.29x
EV/EBITDA14.1xSector median 12.0x
Interest cover1.4x
Current ratio1.70x
Sales growth 3y-1.3%Sector median +5.9%
Profit growth 3y-27.0%Sector median +4.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 11 companies in Ceramics (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹90 cr (FY26): borrowings are higher by ₹84 cr.
- Operating profit covered interest 1.4x in the last 12 months.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 35% of net profit in the last 12 months.
- Debtor days went from 141 (FY24) to 123 (FY26).
- No dividend in the last 5 financial years.
- Price ₹6.26 on 2026-10-26: -39.4% from the 52-week high, +4.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹9.99 · low ₹5.88
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 79 | 95 | 65 | 69 | 71 | 100 | 85 |
| EBITDA | 5 | 7 | 10 | 6 | 6 | 7 | 6 | 7 |
| OPM % | 7.8% | 8.7% | 10.2% | 9.4% | 9.2% | 9.5% | 5.7% | 8.2% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Net profit | -1 | 1 | 4 | 1 | 1 | 1 | 0 | 2 |
| EPS (₹) | -0.01 | 0.03 | 0.08 | 0.02 | 0.03 | 0.01 | 0.00 | 0.05 |
| Revenue YoY | -1.3% | -10.5% | +5.2% | +31.2% | ||||
| Profit YoY | – | -49.2% | -94.3% | +155.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 325 | 317 | 302 | 304 | 305 | 325 |
| EBITDA | 48 | 33 | 25 | 22 | 25 | 26 |
| Net profit | 18 | 7 | 2 | -0 | 3 | 4 |
| EPS (₹) | 0.45 | 0.16 | 0.05 | 0.00 | 0.06 | 0.09 |
| Revenue growth | -2.5% | -4.9% | +0.8% | +0.2% | +5.2% | |
| Profit growth | -59.8% | -69.1% | -105.3% | – | -16.8% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.3% | – | +5.2% |
| Net profit | -27.0% | – | -16.8% |
| EPS | -28.3% | – | – |
| Share price | – | -17.9% (2y) | -20.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 274 | 277 | 277 | 280 |
| Borrowings | – | 94 | 97 | 92 | 90 |
| Cash & equivalents | – | 3 | 4 | 5 | 6 |
| Total assets | – | 468 | 486 | 491 | 488 |
| Fixed assets | – | 198 | 194 | 192 | 190 |
| Capital work in progress | – | – | 0 | – | – |
| Investments | – | 10 | 1 | 0 | 0 |
| Receivables | – | 110 | 117 | 115 | 102 |
| Inventory | – | 132 | 155 | 164 | 157 |
| Payables | – | 77 | 91 | 100 | 90 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 25 | 23 | 5 | 23 | 33 |
| Cash from investing | -9 | -67 | 6 | -5 | -19 |
| Cash from financing | -1 | 28 | -11 | -17 | -14 |
| Capex | 5 | 64 | 5 | 7 | 9 |
| Free cash flow | 20 | -41 | -0 | 16 | 24 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 2.7% | 0.8% | 0.0% | 1.0% |
| ROCE % | – | 5.3% | 4.7% | 3.7% | 4.3% |
| Debtor days | – | 127 | 141 | 138 | 123 |
| Inventory days | – | 433 | 516 | 502 | 458 |
| Payable days | – | 253 | 303 | 306 | 262 |
| Cash conversion cycle (days) | – | 307 | 354 | 334 | 319 |
| Working capital days | – | 117 | 135 | 132 | 146 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 42.07% |
| FIIs | 4.02% |
| Public (non-institutions) | 53.91% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 42.07% | 42.07% | 42.07% | 42.07% | 42.07% | 42.07% | 42.07% | 42.07% |
| Promoter group | % |
|---|---|
| Dineshbhai Ramanlal Patel | 16.88% |
| Kirankumar Bhikhalal Patel | 10.51% |
| Patel Mukeshkumar B | 7.01% |
| Rameshbhai Shivabhai Patel | 6.99% |
| Kailashben Sureshchandra Patel | 0.66% |
| Dineshkumar Revabhai Patel | 0.02% |
| Rakeshbhai Shivabhai Patel | 0.00% |
| Public holders above 1% | % |
|---|---|
| Dixitkumar Kacharabhai Patel | 5.23% |
| Hitendrakumar Kacharabhai Patel | 3.94% |
| Deep Health AI India Limited | 3.92% |
| Jigneshkumar Hasmukhbhai Patel | 2.62% |
| Nexpact Limited | 2.03% |
| Hiraben Kacharabhai Patel | 1.78% |
| Sureshchandra Nathalal Patel | 1.45% |
| Narsinhbhai Pashabhai Patel | 1.35% |
| Bridge India Fund | 1.34% |
| Hashmukhbhai Parshottamdas Patel | 1.28% |
| Colourshine Hosiery Private Limited | 1.12% |
| Rounak Lohia | 1.07% |
| RAJ Kumar Patni | 1.01% |
56,698 shareholders. Pledged: – of promoter shares.
Peers in Ceramics
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| KAJARIACER | ₹17,816 cr | 32.6x | 5.8x | 18.8% | 24.5% | 17.7% | +3.3% | 1.07% |
| VARMORA | ₹2,780 cr | – | 2.4x | – | – | – | – | – |
| SOMANYCERA | ₹2,272 cr | 21.4x | 2.7x | 13.2% | 17.7% | 9.9% | +4.0% | 0.54% |
| NITCO | ₹1,642 cr | – | 4.5x | -9.4% | -2.8% | -7.3% | +12.2% | – |
| ASIANTILES | ₹1,368 cr | 60.7x | 0.9x | 0.9% | 2.2% | 4.7% | +5.9% | – |
| ORIENTBELL | ₹524 cr | 24.8x | 1.6x | 6.5% | 8.6% | 6.6% | -0.7% | 0.14% |
| EXXARO | ₹280 cr | 69.5x | 1.0x | 1.5% | 4.7% | 7.9% | -1.3% | – |
| MURUDCERA | ₹151 cr | 15.4x | 0.4x | 2.6% | 5.2% | 15.8% | +6.0% | 2.00% |
| MCPL | ₹93 cr | 7.2x | 0.8x | 11.3% | 20.1% | 12.1% | – | – |
| RESTILE | ₹83 cr | 76.5x | – | – | -2.1% | 4.2% | +41.9% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-12-13 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Ceramics |
| Sub-industry | Ceramics |
| Symbol | EXXARO |
| BSE code | 543327 |
| ISIN | INE0GFE01026 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.