About
Exxaro Tiles Limited manufactures and trades vitrified tiles used for flooring solutions in India and internationally. The company offers double charged, flat glazed, and full body vitrified tiles under the Exxaro brand. It company supplies its products through dealer network for infrastructure related projects, including residential, commercial, educational institutions, hotels, hospitals, government, religious institutions, builders/developers, etc. The company was formerly known as Ricasil Ceramic Industries Private Limited and changed its name to Exxaro Tiles Limited in December 2020. Exxaro Tiles Limited was founded in 2007 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap295 Cr
P/E71.90
Div Yield0.00 %
Book Value₹6.25
52w High₹10.30
52w Low₹5.71
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73.79 | 83.19 | 68.56 | 66.92 | 63.16 | 91.09 | 79.00 | 69.72 | 59.83 | 79.77 | 65.26 | 82.53 | 74.13 |
| Expenses | 67.69 | 77.34 | 62.17 | 60.97 | 57.43 | 82.12 | 72.58 | 63.99 | 59.68 | 72.22 | 63.86 | 74.83 | 66.23 |
| Operating Profit | 6.10 | 5.85 | 6.39 | 5.95 | 5.73 | 8.97 | 6.42 | 5.73 | 0.15 | 7.55 | 1.40 | 7.70 | 7.90 |
| OPM % | 8.27 | 7.03 | 9.32 | 8.89 | 9.07 | 9.85 | 8.13 | 8.22 | 0.25 | 9.46 | 2.15 | 9.33 | 10.66 |
| Other Income | 0.13 | 0.31 | 0.16 | 0.20 | 0.04 | 0.33 | 0.14 | 0.39 | 0.20 | 0.78 | 0.48 | 0.63 | 0.39 |
| Depreciation | 2.42 | 2.42 | 2.46 | 2.41 | 2.38 | 2.35 | 2.41 | 2.41 | 2.35 | 2.34 | -1.98 | 4.55 | 4.46 |
| Interest | 2.74 | 3.16 | 3.56 | 2.53 | 2.71 | 2.86 | 2.96 | 3.16 | 2.98 | 3.78 | 3.46 | 3.43 | 3.55 |
| Profit before tax | 1.07 | 0.58 | 0.53 | 1.21 | 0.68 | 4.09 | 1.19 | 0.55 | -4.98 | 2.21 | 0.40 | 0.35 | 0.28 |
| Tax % | 11.21 | 46.55 | 32.08 | 23.14 | 27.94 | 27.38 | 24.37 | 170.91 | -14.26 | 45.70 | -70.00 | 34.29 | 39.29 |
| Net Profit | 0.95 | 0.31 | 0.37 | 0.94 | 0.50 | 2.97 | 0.91 | -0.39 | -4.27 | 1.20 | 0.68 | 0.23 | 0.17 |
| EPS in Rs | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.07 | 0.02 | -0.01 | -0.10 | 0.03 | 0.02 | 0.01 | 0.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 282.00 | 299.00 | 301.00 | 317.00 | 325.00 | 254.00 | 241.00 | 242.00 | 220.00 | 168.00 | 128.00 |
| Expenses | 258.00 | 277.00 | 277.00 | 283.00 | 276.00 | 206.00 | 198.00 | 204.00 | 178.00 | 136.00 | 106.00 |
| Operating Profit | 24.00 | 21.00 | 25.00 | 33.00 | 48.00 | 48.00 | 43.00 | 39.00 | 42.00 | 32.00 | 22.00 |
| OPM % | 8.00 | 7.00 | 8.00 | 11.00 | 15.00 | 19.00 | 18.00 | 16.00 | 19.00 | 19.00 | 17.00 |
| Other Income | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 4.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 12.00 | 12.00 | 14.00 | 9.00 | 10.00 | 21.00 | 20.00 | 17.00 | 13.00 | 12.00 | 7.00 |
| Depreciation | 10.00 | 10.00 | 9.00 | 16.00 | 14.00 | 14.00 | 14.00 | 15.00 | 12.00 | 8.00 | 4.00 |
| Profit before tax | 3.00 | 1.00 | 3.00 | 10.00 | 26.00 | 17.00 | 12.00 | 8.00 | 18.00 | 13.00 | 12.00 |
| Tax % | 30.00 | 193.00 | 30.00 | 28.00 | 31.00 | 11.00 | 7.00 | 3.00 | 3.00 | 5.00 | 3.00 |
| Net Profit | 2.00 | -1.00 | 2.00 | 7.00 | 18.00 | 15.00 | 11.00 | 8.00 | 18.00 | 12.00 | 11.00 |
| EPS in Rs | 0.05 | -0.02 | 0.05 | 0.16 | 0.40 | 0.45 | 0.34 | 0.24 | 0.53 | 0.37 | 0.36 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 45.00 | 45.00 | 45.00 | 45.00 | 45.00 | 34.00 | 34.00 | 34.00 | 34.00 | 33.00 | 32.00 |
| Reserves | 234.00 | 231.00 | 232.00 | 229.00 | 222.00 | 102.00 | 87.00 | 97.00 | 86.00 | 61.00 | 38.00 |
| Borrowings | 94.00 | 90.00 | 97.00 | 94.00 | 57.00 | 161.00 | 174.00 | 144.00 | 157.00 | 151.00 | 60.00 |
| Other Liabilities | 103.00 | 118.00 | 112.00 | 100.00 | 81.00 | 72.00 | 92.00 | 97.00 | 105.00 | 95.00 | 43.00 |
| Total Liabilities | 475.00 | 484.00 | 486.00 | 468.00 | 405.00 | 369.00 | 387.00 | 372.00 | 382.00 | 340.00 | 172.00 |
| Fixed Assets | 190.00 | 191.00 | 194.00 | 198.00 | 150.00 | 159.00 | 172.00 | 186.00 | 197.00 | 200.00 | 76.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.00 |
| Investments | 0.00 | 0.00 | 1.00 | 10.00 | 0.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 285.00 | 292.00 | 291.00 | 259.00 | 255.00 | 209.00 | 214.00 | 186.00 | 184.00 | 140.00 | 72.00 |
| Total Assets | 475.00 | 484.00 | 486.00 | 468.00 | 405.00 | 369.00 | 387.00 | 372.00 | 382.00 | 340.00 | 172.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 31.00 | 24.00 | 5.00 | 23.00 | 25.00 | 38.00 | 6.00 | 32.00 | 17.00 | 1.00 |
| Cash from Investing Activity | -19.00 | -5.00 | 6.00 | -67.00 | -9.00 | -2.00 | -2.00 | -2.00 | -8.00 | -109.00 |
| Cash from Financing Activity | -11.00 | -19.00 | -11.00 | 28.00 | -1.00 | -34.00 | -4.00 | -36.00 | -4.00 | 109.00 |
| Net Cash Flow | 1.00 | -1.00 | 0.00 | -16.00 | 14.00 | 2.00 | -1.00 | -6.00 | 4.00 | 1.00 |
| Free Cash Flow | 26.00 | 16.00 | 1.00 | -41.00 | 20.00 | 36.00 | 4.00 | 29.00 | 8.00 | -108.00 |
| CFO/OP % | 130.00 | 119.00 | 23.00 | 78.00 | 65.00 | 84.00 | 18.00 | 84.00 | 41.00 | 5.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 117.00 | 134.00 | 141.00 | 127.00 | 114.00 | 129.00 | 146.00 | 128.00 | 116.00 | 132.00 | 97.00 |
| Inventory Days | 548.00 | 516.00 | 516.00 | 433.00 | 357.00 | 451.00 | 540.00 | 172.00 | 230.00 | 206.00 | 85.00 |
| Days Payable | 275.00 | 302.00 | 303.00 | 253.00 | 180.00 | 220.00 | 357.00 | 124.00 | 134.00 | 181.00 | 87.00 |
| Cash Conversion Cycle | 390.00 | 348.00 | 355.00 | 307.00 | 291.00 | 361.00 | 329.00 | 175.00 | 212.00 | 158.00 | 94.00 |
| Working Capital Days | 150.00 | 127.00 | 130.00 | 113.00 | 140.00 | 62.00 | 53.00 | 46.00 | 44.00 | 51.00 | 38.00 |
| ROCE % | 4.00 | 3.00 | 5.00 | 6.00 | 12.00 | 13.00 | 11.00 | 9.00 | 12.00 | 13.00 | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 13 Dec 2024 | 13 Dec 2024 | 10:1 | — |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update8 Apr from crisil
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Rating update31 Mar from infomerics
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Rating update5 Mar from infomerics
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Rating update14 Aug 2025 from crisil
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Rating update30 Dec 2024 from crisil
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Rating update21 Aug 2024 from crisil