⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.

KAJARIACER - Fundamental Analysis: Financial Health & Valuation

Back to List

Rating: 4

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.0

Stock Code KAJARIACER Market Cap 15,332 Cr. Current Price 963 ₹ High / Low 1,322 ₹
Stock P/E 43.1 Book Value 174 ₹ Dividend Yield 0.93 % ROCE 16.8 %
ROE 10.8 % Face Value 1.00 ₹ DMA 50 963 ₹ DMA 200 1,050 ₹
Chg in FII Hold 0.09 % Chg in DII Hold 0.30 % PAT Qtr 106 Cr. PAT Prev Qtr 121 Cr.
RSI 52.6 MACD -8.49 Volume 8,20,877 Avg Vol 1Wk 5,10,261
Low price 745 ₹ High price 1,322 ₹ PEG Ratio -5.26 Debt to equity 0.04
52w Index 37.8 % Qtr Profit Var 33.3 % EPS 16.2 ₹ Industry PE 40.2

📊 Core Financials

  • Revenue & Profitability: PAT declined sequentially (₹121 Cr → ₹106 Cr), showing short-term weakness. EPS at ₹16.2 remains steady.
  • Margins: ROCE at 16.8% and ROE at 10.8% highlight moderate efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.04 indicates very low leverage and strong financial health.
  • Cash Flow: Stable operating performance supports cash generation, though margins are under pressure.

💹 Valuation Indicators

  • P/E: 43.1, slightly above industry average (40.2), suggesting premium valuation.
  • P/B: 5.53 (₹963 / ₹174), reflecting high market expectations.
  • PEG Ratio: -5.26, distorted due to earnings slowdown, making valuation less attractive.
  • Intrinsic Value: Current price ₹963 is near fair value; better entry closer to ₹745–880.

🏢 Business Model & Competitive Advantage

  • Leading player in ceramic tiles with strong brand recognition.
  • Diversified product portfolio catering to residential and commercial demand.
  • Low debt enhances resilience and long-term sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹745–880 range offers attractive entry.
  • Long-Term Holding: Suitable for investors seeking exposure to housing and infrastructure demand, though valuation premium warrants caution.


✅ Positive

  • Debt-to-equity ratio of 0.04 ensures financial stability.
  • Strong brand presence in ceramic tiles sector.
  • DII holdings increased by 0.30%, showing domestic institutional confidence.

⚠️ Limitation

  • Sequential PAT decline (₹121 Cr → ₹106 Cr).
  • High P/E (43.1) compared to industry average (40.2).
  • High P/B ratio reflects premium valuation.
  • PEG ratio (-5.26) indicates distorted valuation due to earnings slowdown.

📉 Company Negative News

  • Quarterly profit decline of -12.4% sequentially.
  • MACD (-8.49) suggests bearish momentum.
  • FII holdings decreased by 0.09%, showing reduced foreign investor confidence.

📈 Company Positive News

  • DII holdings increased by 0.30%, reflecting domestic institutional support.
  • Debt-free status enhances long-term stability.
  • RSI at 52.6 indicates neutral momentum, avoiding overbought/oversold extremes.

🏭 Industry

  • Industry P/E at 40.2, close to company’s P/E, indicating fair valuation.
  • Housing and infrastructure demand remain strong, supporting sector growth.

🔎 Conclusion

  • Kajaria Ceramics demonstrates moderate fundamentals with low debt and strong brand presence.
  • Valuation is slightly premium compared to industry, making entry less attractive at current levels.
  • Entry zone between ₹745–880 is favorable for long-term investors.
  • Overall, a fundamentally stable company with growth prospects, though short-term profit weakness and valuation premium warrant caution.

NIFTY 50 - Fundamental Stock Watchlist

NEXT 50 - Fundamental Stock Watchlist

MIDCAP - Fundamental Stock Watchlist

SMALLCAP - Fundamental Stock Watchlist