The plant’s installed capacity is about 11 million sq. mtrs per year, up from 9.6 MSMS before.

Exxaro Tiles commences commercial production of Big Slab Glazed Vitrified Tiles

Exxaro Tiles Consolidated June 2022 Net Sales at Rs 67.59 crore, up 31.93% Y-o-Y

The company will subscribe to 10,000 equity shares (100%) of Exxaro Ceramic at the face value of Rs10 each aggregating to Rs1 lakh in cash.

Exxaro Tiles incorporates new wholly-owned subsidiary company; Stock trades flat

Exxaro Tiles reported a rise in revenue at Rs 89.4 crore vs Rs 60.9 crore, up 47%. It recorded EBITDA at Rs 13.6 crore as compared to Rs 11.2 crore. The company’s PAT jumped 20% to Rs 5.6 crore from Rs 4.7 crore. Speaking to ET NOW, Himanshu Shah, Chief Financial Officer, Exxaro Tiles says healthy demand was seen in Q2. Growth in volumes drove Q2 numbers, he adds. He expects steady Q3 & Q4 volume & demand growth. He talks about the current demand from the real estate sectors and about the price hike taken so far by the company. Watch the full interview here to know more.
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Earnings With ET NOW | Healthy Q2, PAT jumps 20% | Himanshu Shah, Exxaro Tiles

The proposed wholly owned subsidiary company to be incorporated in India shall carry out business in the field of Ceramic Industries.

Exxaro Tiles board approves incorporation of wholly-owned subsidiary; Stock dips

Exxaro Tiles board nods incorporation of wholly-owned subsidiary; Stock dips

Exxaro Tiles standalone net profit rises 19.83% in the September 2021 quarter

BWR expects that ETL’s business risk profile will be maintained over the medium term.

Brickwork reaffirms ratings on Exxaro Tiles’ bank facilities; Stocks gains over 1.5%

Shares of Exxaro Tiles managed to buck the trend, soaring close to 10%

Stocks tank as anchor lock-in ends; Krsnaa, Windlas and Devyani shed 3-4%

BSE has announced price band revision for seven companies including Exxaro Tiles and Kemistar Corporation effective today

Stocks to watch: Axis Bank, L&T, NHPC, Jindal Steel, Bank of Baroda

Shares of Devyani International listed at a premium of more than 56% to their offer price while the other three companies that debuted alongside — Krsnaa Diagnostics, Exxaro Tiles and Windlas Biotech-had lacklustre showing through the first public trading

Devyani lists at 56% premium to IPO price, others witness muted debuts

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Exxaro Tiles Ltd is a manufacturer of ceramic wall and floor tiles. The Company was founded in January 2008 and is located in Himatnagar, India.

Exxaro Tiles Ltd