Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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

Exxaro Tiles listed one the BSE and the NSE at ₹126 a share, a 5 per cent per cent premium over the IPO price of ₹120. The stock closed the day at ₹132.25 a share on BSE and ₹132.30 on the NSE, up abo

Exxaro Tiles closes 10% higher

Exxaro Tiles made a healthy debut at the stock market on Monday.

Exxaro Tiles, Windlas Biotech Stocks Open at NSE, BSE: Check Latest Share Prices

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

Exxaro Tiles Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

News Video

Earnings With ET NOW | Healthy Q2, PAT jumps 20% | Himanshu Shah, Exxaro Tiles

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

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

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

Exxaro Tiles Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

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

News Video

Earnings With ET NOW | Healthy Q2, PAT jumps 20% | Himanshu Shah, Exxaro Tiles

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

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

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

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock