NSE: KAJARIACER | BSE: 500233

Mid-range Performer

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1183.60 -10.20 (-0.85%)

56.00% Gain from 52W Low

43,185 NSE+BSE Volume

NSE 26 Sep, 2025 1:00 PM (IST)

18,851.5

Market Cap

Market Leader

0.7

Beta 1Year

Very Low volatility

Kajaria Ceramics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KAJARIACER, BSE:500233 Kajaria Ceramics Ltd.

Kajaria Ceramics Ltd.

15 Mar 2018

1183.60

-0.85%

We are positive on the company backed by increasing demand from increase in per capita income and spend on home improvement At CMP of Rs. 573.4 KCL is trading at a P/E multiple of 37.3x and 29.4x to its FY18E and FY19E earnings, respectively. On the basis of estimates. we...

Kajaria Ceramics Ltd. is trading above its 200 day SMA of 1044.4

Kajaria Ceramics Ltd.

07 Feb 2018

1183.60

-0.85%

Kajaria Ceramics Ltd - Q3FY18 Result Update - Higher utlization levels to improve margins

Buy: Kajaria Ceramics Ltd.

Target

Religare

Kajaria Ceramics reported weak Q3FY18 result, wherein Revenue increased by 9%, but Net profit declined 1.5% on yoy basis. The overall sales growth was in line with volume growth of 10%; however profit was impacted due to surge in gas prices and lower capacity utilization.

Kajaria Ceramics Ltd. has gained 32.90% in the last 6 Months

Kajaria Ceramics Ltd.

07 Feb 2018

1183.60

-0.85%

Result Update:Kajaria Ceramics

Hold: Kajaria Ceramics Ltd.

Recommendation Target

Axis Direct

Volume grew 10% YoY (flat QoQ) largely on a low base of Q3FY17 (due to demonetization). We believe construction activity will remain subdued in near term; thus, expect volume growth to revert to sub-10% YoY in coming quarters.

Kajaria Ceramics Ltd. has an average target of 1261.20 from 10 brokers.

Kajaria Ceramics Ltd.

05 Feb 2018

1183.60

-0.85%

Kajaria Ceramics - 3QFY18 Result Update

Kajaria Ceramics Ltd.

Reliance Securities

Kajaria Ceramics Ltd. is trading below its 30 day SMA of 1236.5

Kajaria Ceramics Ltd.

02 Feb 2018

1183.60

-0.85%

Kajaria Ceramics Ltd Q3FY18 results comment

Results Update: Kajaria Ceramics Ltd.

HDFC Securities

Kajaria Ceramics Ltd Q3FY18 results comment Revenue fell by 1.5% to Rs. 661.16 Cr in Q3FY18 when compared to the previous quarter. On the other hand, it increased by 8.98% when compared with Q3FY17.

Kajaria Ceramics Ltd. has gained 32.90% in the last 6 Months

Kajaria Ceramics Ltd.

02 Feb 2018

1183.60

-0.85%

Kajaria Ceramics

Hold: Kajaria Ceramics Ltd.

Target

ICICI Securities Limited

Kajaria Ceramics' (Kajaria) sales volumes grew 10.1% YoY to 17.55 MSM, marginally better than our estimate of 17.3 MSM The topline grew 9.0% YoY to | 661.2 crore (our expectation of | 667.2 crore) mainly on account of strong volume growth EBITDA margin fell 200 bps YoY to 16.6%(our expectation: 18.2%) due to higher power & fuel costs (18.3% in Q3FY18 vs. 16.6% in Q3FY17) The bottomline declined 1.4% YoY at | 54.3 crore (our expectation: | 61.1 crore) mainly on account of EBITDA margin contraction...

Kajaria Ceramics Ltd. has gained 32.90% in the last 6 Months

Kajaria Ceramics Ltd.

09 Nov 2017

1183.60

-0.85%

Result Update Q2FY18 Kajaria Ceramics Ltd

Buy: Kajaria Ceramics Ltd.

Religare

Kajaria Ceramic Ltd.'s (KCL) Q2FY18 result was below our expectation. Net Sales declined by 4.9% YoY on account of muted volume growth. EBITDA and PAT were down by 3.2% YoY and 8.3% YoY respectively.

Kajaria Ceramics Ltd. has an average target of 1261.20 from 10 brokers.

Kajaria Ceramics Ltd.

06 Nov 2017

1183.60

-0.85%

KAJARIA CERAMIC

Accumulate: Kajaria Ceramics Ltd.

Geojit Research

Kajaria Ceramics (Kajaria) is the largest manufacturer of ceramic/vitrified tiles in India. It has an annual aggregate capacity of 63.90 mn. sq. meters (MSM). Constant product innovation and expansion of product range has made Kajaria a dominant player in the ceramic & vitrified tiles industry with a market share of ~10%. To further scale up its business, Kajaria has moved up the value-chain to emerge as a...

Kajaria Ceramics Ltd. is trading below its 30 day SMA of 1236.5

Kajaria Ceramics Ltd.

31 Oct 2017

1183.60

-0.85%

Kajaria Ceramics - 2QFY18 Result Update

Buy: Kajaria Ceramics Ltd.

Reliance Securities

Kajaria Ceramics has reported a muted set of numbers in 2QFY18 mainly due to transitionary impact of GST roll-out. While its consolidated net sales grew by 6.7% YoY to Rs6.7bn vs. our estimate of Rs6.9bn, net profit came in largely flat at Rs630mn vs. our estimate of Rs656mn, and EBITDA margins contracted by 190bps YoY to 18.2%. Despite near-term headwinds, we believe that Kajaria Ceramics is comfortably placed to benefit from increasing share of organised tiles industry in GST regime. Being the market leader, the Company has made concerted efforts to create and enhance its brand strength, improve productmix and build a strong product pipeline. Expecting the Company to report 12.2% revenue and 18.8% earnings CAGR through FY17-19E, we maintain our BUY recommendation on the...

Kajaria Ceramics Ltd. has gained 32.90% in the last 6 Months

Kajaria Ceramics Ltd.

31 Oct 2017

1183.60

-0.85%

Kajaria Ceramic

Buy: Kajaria Ceramics Ltd.

Kotak Securities

Revenue for Q2FY18 was ahead of our estimates led by 5% YoY volume improvement and 2% YoY pricing improvement. Operating margins were under pressure due to higher power and other costs. Net profit performance on YoY basis was impacted by fall in margins. Going ahead, we expect company to improve its market share by capturing the market share of unorganized players as well as with improvement in product mix. Its enhanced presence in Tier 2/3/4 cities, strong dealer network, value added products as well as improvement in capacity utilization of its JV plants are expected to aid revenue growth going forward....

Kajaria Ceramics Ltd. has gained 32.90% in the last 6 Months

Is Kajaria Ceramics Ltd. worth buying?

178 Votes:

Buy 78.65%

Sell 15.73%

Hold 5.62%

RESEARCH REPORTS

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