Exxaro Tiles Ltd. has been beating the average growth of its industry year after year by delivering a CAGR of 25.71%. That’s well ahead of their 3-year average growth, which is 10.08%.
Exxaro Tiles Ltd Q4 Earnings
Exxaro Tiles Ltd has reported Consolidated financial results for the period ended March 31, 2023.
QoQ:-
- The firm recorded total revenue of Rs. 94.1114 crores for the fiscal year that ended on March 31, 2023, up from Rs. 84.7615 crores for the fiscal year that ended on December 31, 2022.
- The firm reported a net profit/(loss) of Rs. 1.1023 crores for the fiscal year that ended on March 31, 2023, compared to Rs. 3.7183 crores for the fiscal year that ended on December 31, 2022.
YoY:-
- The firm recorded total revenue of Rs. 94.1114 crores for the fiscal year that ended on March 31, 2023, down from Rs. 98.9396 crores for the fiscal year that ended on March 31, 2022.
- The firm reported a net profit/(loss) of Rs.1.1023 crores for the fiscal year that ended on March 31, 2023, down from Rs.7.4959 crores for the fiscal year that ended on March 31, 2022.
EBITDA stands at Rs. 9.80 crore in March 2023 down 36.61% from Rs. 15.46 crore in March 2022.
Financial Position of Exxaro Tiles Ltd
EXXARO TILES LTD is in a good financial position. This report summarizes the company’s assets and liabilities, as well as its equity, making it easier for stakeholders to understand the current status
Although Exxaro Tiles is a company with high debt and high-interest payments in comparison to its earnings,but the low Price-to-Earnings ratio and decrease in provisions have reduced worry among investors.
When | Maximum Price | Minimum Price |
May 2023 | 125 | 110 |
June 2023 | 120 | 100 |
July 2023 | 142.3339821 | 129.3945292 |
August 2023 | 156.5673803 | 142.3339821 |
September 2023 | 164.3957493 | 149.4506812 |
October 2023 | 156.5673803 | 142.3339821 |
November 2023 | 172.2241183 | 156.5673803 |
December 2023 | 175.6686007 | 159.6987279 |
When | Maximum Price | Minimum Price |
January 2024 | 177.443031 | 161.3118464 |
February 2024 | 182.9309598 | 166.3008725 |
March 2024 | 185.7167104 | 168.8333731 |
April 2024 | 168.8333731 | 153.4848847 |
May 2024 | 140.6944776 | 127.9040706 |
June 2024 | 168.8333731 | 153.4848847 |
July 2024 | 177.2750418 | 161.1591289 |
August 2024 | 195.002546 | 177.2750418 |
September 2024 | 204.7526733 | 186.1387939 |
October 2024 | 195.002546 | 177.2750418 |
November 2024 | 200.8526223 | 182.593293 |
December 2024 | 204.8696748 | 186.2451589 |
The Exxaro Tiles Share Target for 2024 predicts a year with moderate price swings. The maximum price forecast for January 2024 is INR 177.44 and the minimum price is INR 161.31.
The following months, February to April, predict a steady increase with a maximum forecast of INR 185.71 in March 2024.
However, the forecast for May 2024 predicts a dip with a minimum price of INR 127.90. The trend is expected to pick up again in June 2024 with a minimum forecast of INR 153.48.
The rest of the year predicts a stable increase with a maximum forecast of INR 204.75 in September 2024 and a minimum forecast of INR 182.59 in November 2024.
The forecast for December 2024 predicts a stable end to the year with a minimum forecast of INR 186.25.
When | Maximum Price | Minimum Price |
January 2025 | 194.6261911 | 176.932901 |
February 2025 | 184.8948815 | 168.0862559 |
March 2025 | 194.1396256 | 176.4905687 |
April 2025 | 173.3389514 | 157.5808649 |
May 2025 | 188.4119037 | 171.2835488 |
June 2025 | 207.2530941 | 188.4119037 |
July 2025 | 197.3838991 | 179.4399083 |
August 2025 | 179.4399083 | 163.1271894 |
September 2025 | 188.4119037 | 171.2835488 |
October 2025 | 179.4399083 | 163.1271894 |
November 2025 | 188.4119037 | 171.2835488 |
December 2025 | 201.600737 | 183.2733972 |
Exxaro share price target at 2025 reaches its maximum value of Rs.201, which is way less than the previous years growth. Though 2025 share price is not a great increase in value, it is a great time to buy at lower price since it indicates huge increase in upcoming years.
Year WISE (in INR)
|
Maximum Price | Minimum Price |
2026 | 237.8888696 | 214.0999827 |
2027 | 287.8455322 | 259.060979 |
2028 | 345.4146387 | 310.8731748 |
2029 | 407.5892736 | 366.8303463 |
2030 | 440.1964155 | 396.176774 |
The Exxaro Tiles Share Price Target will reach maximum of Rs. 440 in the year 2030. If you are looking for a long term investment, Exxaro tiles is a great option to invest in.
How did Exxaro Tiles company get so successful and what is their focus?
In a nutshell, this company’s success can be attributed to its focus on providing quality products and excellent customer service.
Manufactured in India, they are involved in the production of vitrified tiles and other products related to tiles. The company started out as a partnership firm in 2007-08 and have been active in the manufacturing of frit, and eventually became one of major manufacturers of vitrified tiles.
They’re different from most other distributors because they have had a large dealer network for many years. As of this date, they have 2,000 registered dealers with them. They also supply products for large infrastructure-related projects. Over the past decade of their operation, they sold to various companies for residential, commercial, educational institution, hotels, hospitals, government, religious institutions and more.
They believe their strict focus on quality, the introduction of new designs to meet evolving customer preferences and state-of-the-art manufacturing locations have all helped them establish a place for themselves in the ceramic industry. The company has 27 physical locations across India, and 13 physical locations internationally.
Exxaro Tiles are an Indian company centered in Gujarat. They have two factories, Padra and Talod (which together measure at 1.32 million square meters). Their Unit II is the largest plant for making glazed vitrified tiles in the country. Over time, they have continued investing into their infrastructure to support their product portfolio and increase distribution.
They have an R&D department that designs new products, a rigorous quality assurance system, the experience and creativity to design modern displays, and broad distribution channels. They have six display center in six cities and two marketing offices, one in Delhi and one in Morbi, to help them reach their growth goals.
The Patel family manages and controls the major affairs of the business with their considerable experience in the industry. They believe their success is due to sustained efforts over many years in important aspects of the business, such as product portfolio, process improvements, relationships with dealers and increased scale of operations.
FAQ
How to analyze Exxaro Tiles stock?
When you’re looking for a specific type of stock to invest in, it can be difficult to quickly find information about that company. Exxaro Tiles stock can be easily analyzed by using the following: The company’s trailing 12-month P/E is 71.63, the price-to-book ratio is 1.91; and its earnings are 1.63 per share.
The high for Exxaro Tiles’ share was INR 150, and the low was 98.65.
The maximum value Exxaro tiles can reach in 2030 is 440 INR.
Exxaro’s target price for 2023 is going high at Rs175.66, which means if you’re interested in getting a jump on your project window, now is the time.
What is the Exxaro tiles price target in 2025?
Exxaro has been a solid investment all along, and it’s reached its greatest value of Rs.201 in the future. This is a good time to invest in the share by buying low as it is expected to reach an even higher value in the near future.
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Conclusion
Exxaro Tiles provides good customer service and they have a wide selection of colors and sizes. You can depend on them to deliver excellent customer service and keep strengthening their product line.
What did we learn?
- 1 Exxaro Tiles Ltd Q4 Earnings
- 2 Financial Position of Exxaro Tiles Ltd
- 3 Exxaro Tiles Share Target 2023: Will it touch INR 150?
- 4 Exxaro Tiles Share Price Forecast for 2024
- 5 Exxaro Tiles Share Price Prediction 2025
- 6 2026 – 2030 Exxaro Tiles Share Price Predictions
- 7 How did Exxaro Tiles company get so successful and what is their focus?
- 8 FAQ
- 9 Conclusion