List Of Top Tiles Company in India | Detailed View

Here is the list of Top Tiles Company in India based on market capitalization on 2020

  • Kajaria Ceramics Ltd
  • Cera Sanitaryware Ltd
  • Asian Granito India Ltd
  • Somany Ceramics Ltd
  • HSIL Ltd
  • Nitco Ltd
  • Orient Bell Ltd
  • Murudeshwar Ceramics Ltd

List of Top Tiles Company in India

#1. Kajaria Ceramics Ltd

Kajaria ceramics ltd is the largest Tiles company in India with a market cap of  6,422 Cr. in 2020

IndustryTiles
Founded1985
Chairman & MDAshok Kajaria

Kajaria Ceramics Ltd was incorporated in 1985 as a manufacturer of floor and wall tiles by Mr. Ashok Kajaria.

It started its operations in 1988 with a capacity of 1 million sqm (MSM) per annum at its ceramic tiles manufacturing facility at Sikanderabad (UP).

Today, Kajaria Ceramics is the largest manufacturer of ceramic and vitrified tiles in India and 9th largest tile company in the world

It has increased its capacity from 1 mn. sq. mtrs to 73 mn. sq. mtrs. in the last 30 years and offers more than 2800 options in ceramic wall & floor tiles, designer tiles, and much more.

MANUFACTURING PLANTS

The company have total eight plants

  • Sikandrabad in Uttar Pradesh
  • Gailpur & Malootana in Rajasthan
  • Vijayawada & Srikalahasti in Andhra Pradesh
  • Three plants in Gujarat

BUSINESS SEGMENTS

1. Ceramics Wall & Floor Tiles

  • Capacity (MSM) : 28.10
  • SKUs : 2,000
  • Sales Volume (MSM) : 38.35

2. Polished Vitrified Tiles

  • Capacity (MSM) : 22.40
  • SKUs : 215
  • Sales Volume (MSM) : 25.37

3. Glazed Vitrified Tiles

  • Capacity (MSM) : 17.50
  • SKUs : 1,096
  • Sales Volume (MSM) : 16.59

4. Kajaria Bathware
5. Kajaria Plywood

REVENUE MIX BY BUSINESS SEGMENTS

Kajaria ceramics ltd-Tiles company in india revenue mix

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  6,752 Cr.
  • Current Price:  424.75
  • 52 weeks High / Low  605.75 / 295.40
  • Book Value:  107.84
  • Stock P/E: 26.44
  • Dividend Yield: 0.71 %
  • ROCE: 23.87 %
  • ROE: 15.94 %
  • Sales Growth (3Yrs): 7.00 %

KAJARIA CERAMICS LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales7362,57213.33%
Profit3627922.72%
Share Price28.57424.5730.98%

#2. Cera Sanitaryware Ltd

Cera Sanitaryware Ltd is the second largest Tiles company in India with a market cap of 2,956 Cr.

Industry Ceramics-Tiles/ Sanitaryware
Founded1980
Chairman & MDVikram Somany

Cera Sanitaryware ltd was incorporated as Madhusudan Oils and Fats Ltd (MOFL) in 1998.

It has established a presence in the sanitary ware industry through its ‘CERA’ brand.

It is Ranked as the second-largest player in the organized domestic sanitary ware industry (approximately 25% market share).

CSL has a Pan-India marketing and distribution network with about 1,400 dealers and 14,000 sub-dealers for the retail market in addition to direct institutional sales to various construction companies.

BUSINESS SEGMENTS

  • Sanitaryware
  • Faucetsware
  • Tiles
Cera Sanitaryware ltd tiles company in india revenue mix

PRODUCT PORTFOLIO

  • JEET
  • CERA Style Fix
  • BIM Products
  • Sanitaryware
  • Faucets
  • Tiles
  • Vitrified Wall Tiles
  • Allied

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  2,956 Cr.
  • Current Price:  2,273
  • 52 weeks High / Low  3014.95 / 1986.00
  • Book Value:  594.26
  • Stock P/E: 25.50
  • Dividend Yield: 0.57 %
  • ROCE: 27.16 %
  • ROE: 17.59 %
  • Sales Growth (3Yrs): 13.57 %

CERA SANITARYWARE LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales1911,20920.27%
Profit2011619.22%
Share Price126.38227333.50%

#3. Asian Granito India Ltd

Asian Granito India Ltd is the third largest Tiles company in India with a market cap of 777.31 Cr. in 2020

IndustryCeramics-Tiles/ Sanitaryware
Founded1995
Chairman & MDKamlesh Patel

Asian Granito India Limited was incorporated in 2002 as a manufacturer of ceramic tiles by Mr. Kamlesh Patel and Mr. Mukesh Patel.

It is the fourth-largest player in the Indian tile industry and accounts for approximately ~3-4% of the Indian tile market, wherein the share of organized players is expected to be close to ~40%.

The company has a total of 6500 dealer/sub-dealers and 302 exclusive showrooms pan India.

It has ten manufacturing facilities (including three facilities of subsidiaries) in Gujarat.

PRODUCT PORTFOLIO

  • Ceramic Wall & Floor Tiles
  • Polished & Double Charge Vitrified Tiles
  • Glazed Vitrified Tiles
  • Engineered Marble
  • Outdoor Vitrified Tiles
  • Quartz
  • Sanitary ware

BUSINESS SEGMENTS

  • Tiles
  • Marble & Quartz

REVENUE MIX BY PRODUCT(%)

Asian Granito ltd Revenue mix(%)

DOMESTIC & INTERNATIONAL SALES BREAK-UP(%)

asian granito ltd DOMESTIC & INTERNATIONAL SALES BREAK-UP(%)

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  777.31 Cr.
  • Current Price:  258.35
  • 52 weeks High / Low  275.00 / 109.15
  • Book Value:  167.00
  • Stock P/E: 18.43
  • Dividend Yield: 0.23 %
  • ROCE: 8.94 %
  • ROE: 4.89 %
  • Sales Growth (3Yrs): 6.09 %

ASIAN GRANITO INDIA LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales3781,01310.36%
Profit19304.67%
Share Price57.73258.3516.17%

#4. Somany Ceramics Ltd

Somany Ceramics Ltd is the 4th largest Tiles company in India with a market cap of 767.72 Cr. in 2020

IndustryCeramics-Tiles/ Sanitaryware
Founded1968
ChairmanShreekant Somany
MDAbhishek Somany

Somany Ceramics Ltd was incorporated in 1968 as a manufacturer of ceramic tiles, by Mr. H L Somany in collaboration with Pilkington’s of U.K as a widely held company.

It is one of the leading players in the domestic tiles industry with a four-decade-long track record of operations, a well-recognized brand, and a pan-India distribution reach.

The Company’s 11 state-of-the-art manufacturing units across the entire country possess an installed capacity of

  • 53 million square meters (MSM) of tiles
  • 1.15 million pieces of sanitaryware per annum
  • 0.65 million pieces of bath fittings per annum.

The Company has a robust distribution network of more than 8,000 touch-points which comprises ~2,000 active dealers, ~6,000 sub-dealers and 328 showrooms/ display centres.

PRODUCT PORTFOLIO

The Company has a diversified product portfolio ranging from ceramic wall and floor tiles, polished vitrified tiles, and glazed vitrified tiles to sanitaryware and bath fittings.

BRANDS

  • Somany Duragress
  • Somany Durastone
  • Somany Glostra
  • Somany Vistoso
  • Somany Vitro
  • Somany Slipshield
  • Somany VC Shield
  • Somany Signature
  • Somany French Collection

BUSINESS SEGMENTS

  • Tiles
  • Sanitaryware
  • Bath fittings

REVENUE BREAK-UP(%)

Somany ceramics ltd-tiles company in india revenue mix(%)

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  767.72 Cr.
  • Current Price:  124.90
  • 52 weeks High / Low  397.80 / 76.85
  • Book Value:  98.66
  • Stock P/E: 18.64
  • Dividend Yield: 1.60 %
  • ROCE: 11.81 %
  • ROE: 8.92 %
  • Sales Growth (3Yrs): 0.60 %

SOMANY CERAMICS LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales5371,61011.61%
Profit2015-2.84%
Share Price30.70124.9015.06%

#5. HSIL Ltd

HSIL Ltd is the 5th largest Tiles company in India with a market cap of 394.30 Cr. in 2020

IndustryCeramics-Tiles/ Sanitaryware
Founded1960
Chairman & MDRajendra Kumar Somany

HSIL Ltd, incorporated in February 1960 to introduce vitreous china ceramic sanitary ware in India and diversified into the manufacture of glass containers through the acquisition of Associated Glass Industries Limited (AGI) in 1981.

HSIL is one of the leading glass container manufacturers in India. HSIL is also a leading manufacturer of sanitaryware products in India and is the second-largest faucet player in the domestic market.

BUSINESS SEGMENTS

Building Products Division :

  • Leading sanitaryware player in India
  • One of the leading faucet players in India
  • Up to 4.2 Mn Pieces p.a. of sanitaryware capacity
  • 3 Mn Pieces p.a. of faucet capacity
  • 30,000 tonnes of Plastic pipes and fittings p.a. capacity
  • 135+ Distributors supported by 14,000+ retail outlets for plastic pipes and fittings business

Consumer Product Division

  • Among top 3 players in the kitchen chimney segment
  • 9,650+ Retail touchpoints
  • 750+ Distribution Points

Packaging Product Division

  • One of the leading glass container manufacturers in India
  • 1,600 Tonnes per day glass containers capacity

Retail Division

  • 25 Owned and franchise large format retails stores under EVOK brand

REVENUE BREAK-UP(%)

HSIL Ltd Revenue mix(%)

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  394.30 Cr.
  • Current Price:  54.40
  • 52 weeks High / Low  71.90 / 32.70
  • Book Value:  173.84
  • Stock P/E: 23.54
  • Dividend Yield: 5.51 %
  • ROCE: 7.03 %
  • ROE: 4.53 %
  • Sales Growth (3Yrs): 11.41 %

HSIL LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales7711,6728.05%
Profit4017-8.20%
Share Price23.0254.408.98%

#6. Nitco Ltd

 Nitco Ltd is the 6th largest Tiles company in India with a market cap of 118.93 Cr. in 2020

IndustryCeramics-Tiles/ Sanitaryware
Founded1953
Chairman & MDMr. Vivek Talwar

Nitco Limited is engaged in the production and marketing of ceramic tiles (wall and floor), Naturoc (gres porcelain tiles), vitrified tiles, marble, as well as real estate development.

It has an extensive and well-established network of 1000 direct dealers and 5000 sub-dealers. The company has 11 exclusive display centers under the brand name ‘Le Studio’ as well as 175 exclusive showrooms operating as a franchise, known as ‘Le Studio Express’ (LSE) and ‘Nitco Look’.

MANUFACTURING UNITS

  • Marble Division is located in Silvassa (Dadra and Nagar Haveli)
  • Ceramics Tiles Division is located in Alibaug(Maharashtra)
  • Vitrified & Wall Tiles is located in Morbi(Gujarat) and Mosaic Tiles division in Alibaug(Maharashtra)

BUSINESS SEGMENTS

  • Vitrified Tiles
  • Ceramic Tiles
  • Marble
  • Other Operating Revenue
Nitco Limited revenue mix business segments wise

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  118.93 Cr.
  • Current Price:  16.55
  • 52 weeks High / Low  34.25 / 10.75
  • Book Value:  8.87
  • Stock P/E:
  • Dividend Yield: 0.00 %
  • ROCE: -3.82 %
  • ROE: -19.80 %
  • Sales Growth (3Yrs): -10.49 %

NITCO LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales4054621.33%
Profit-9-70
Share Price45.3816.55-9.59%

#7. Orient Bell Ltd

Orient Bell Ltd is the 7th largest Tiles company in India with a market cap of 109.94 Cr. in 2020

IndustryCeramics-Tiles/ Sanitaryware
Founded1977
ChairmanMahendra K Daga
Managing DirectorMadhur Daga

Orient Bell Ltd manufactures glazed ceramic wall, floor, and vitrified tiles under the Orient Bell brand.

With a capacity of 29 million square meters, It is one of the leading organized tiles manufacturers in India. After the acquisition of Bell Ceramic Ltd in 2010, it has become a pan-India player with plants in the northern, southern, and western regions. 

Facilities are in Sikanderabad (Uttar Pradesh), Dora (Gujarat), and Hoskote (Karnataka).

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  110.30 Cr.
  • Current Price:  77.15
  • 52 weeks High / Low  155.00 / 48.75
  • Book Value:  166.72
  • Stock P/E: 16.08
  • Dividend Yield: 0.65 %
  • ROCE: 3.43 %
  • ROE: 2.92 %
  • Sales Growth (3Yrs): -8.25 %

ORIENT BELL LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales2414927.40%
Profit117-4.42%
Share Price49.9477.15-17.84%

#8. Murudeshwar Ceramics Ltd

Incorporated in 1983, Murudeshwar Ceramics Ltd is a publicly listed company promoted by Mr. R N Shetty and his family members.

IndustryCeramics-Tiles/ Sanitaryware
Founded1983
CEO & MDSatish R Shetty

The company manufactures glazed ceramic floor tiles, vitrified porcelain, and natural granite slabs, and is one of the leading players in South India.

Products are marketed under the Naveen brand, with sales directly to real estate entities and through retail sales channels. 

CURRENT YEAR FINANCIAL DATA

  • Market Cap:  76.59 Cr.
  • Current Price:  16.10
  • 52 weeks High / Low  25.80 / 8.00
  • Book Value:  70.27
  • Stock P/E: 44.02
  • Dividend Yield: 0.00 %
  • ROCE: 5.01 %
  • ROE: 1.45 %
  • Sales Growth (3Yrs): 3.04 %

MURUDESHWAR CERAMICS LTD PERFORMANCE IN THE LAST 10 YEARS

Year20102020CAGR 
Growth(%)
Sales130103-2.30%
Profit-152-4.42%
Share Price26.7616.10-17.84%

All financial data tahen from www.screener.in

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