Exxaro Tiles Ltd. (EXXARO) AI Stock Analysis

• Market Cap: ₹3.48B
• Dividend Yield: N/A
• Average Volume (3M): 104.24K
• Price to Earnings (P/E): 19.4
• Beta (1Y): 0.84
• Revenue Growth: 12.19%
• EPS Growth: N/A
• Country: IN
• Employees: 856
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction
• EPS (TTM): 0.03
• Shares Outstanding: 447,410,700
• 10 Day Avg. Volume: 80,285
• 30 Day Avg. Volume: 104,241
• PEG Ratio: 20.44
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.86
• P/FCF Ratio: 16.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹9.00 ▲(11.80% Upside)

Exxaro Tiles Ltd. has a balanced score driven by a solid technical outlook and a stable financial structure, despite profitability challenges. The valuation is moderate, but the lack of dividend yield may deter some investors. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Strong Equity Position

A strong equity position with a manageable debt-to-equity ratio indicates financial stability, providing a solid foundation for future growth and resilience against market fluctuations.

Improved Operating Cash Flow

Improved operating cash flow suggests better operational efficiency, enhancing the company's ability to reinvest in growth opportunities and manage financial obligations.

Healthy Gross Profit Margin

A healthy gross profit margin reflects efficient production and pricing strategies, which can support long-term profitability and competitive positioning in the market.

Negative Factors

Profitability Challenges

Negative net profit margin highlights profitability challenges, which could impact the company's ability to sustain operations and invest in future growth.

Inconsistent Revenue Growth

Inconsistent revenue growth can undermine financial stability and investor confidence, making it crucial for the company to stabilize and enhance its revenue streams.

Erratic Free Cash Flow Growth

Erratic free cash flow growth and a concerning free cash flow to net income ratio suggest potential cash generation issues, which could limit the company's ability to fund operations and growth initiatives.

Exxaro Tiles Ltd. Business Overview & Revenue Model

Company Description

Exxaro Tiles Limited manufactures and markets vitrified tiles used for flooring solutions in India and internationally. The company offers double charge and glazed vitrified, and wall tiles under the Exxaro brand name. It supplies its products through dealer-distribution network for infrastructure related projects, including residential, commercial, educational institutions, hotels, hospitals, government, religious institutions, builders/developers, etc.; and to private customers. 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 Himatnagar, India.

How the Company Makes Money

Exxaro Tiles Ltd. generates revenue primarily through the sale of its ceramic and porcelain tiles. The company's revenue model is based on direct sales to consumers, retailers, and construction companies, allowing it to tap into multiple market segments. Key revenue streams include wholesale distribution, retail sales, and contract sales for large-scale projects. Additionally, Exxaro may engage in partnerships with builders and architects to supply tiles for specific developments, enhancing its market reach. The company's focus on innovation and sustainability also attracts environmentally conscious consumers, contributing to its earnings. Seasonal promotions and strategic marketing efforts further bolster its sales during peak construction periods.

Exxaro Tiles Ltd. Financial Statement Overview

Summary

Exxaro Tiles Ltd. shows a mixed financial performance. The income statement highlights profitability challenges with a negative net profit margin. The balance sheet is strong with a manageable debt-to-equity ratio, but declining stockholders' equity is a concern. Cash flow improvements are noted, yet erratic free cash flow growth and negative net income pose risks.

Income Statement

Exxaro Tiles Ltd. has shown a mixed performance in its income statement. The gross profit margin is relatively healthy, indicating efficient production and pricing strategies. However, the net profit margin turned negative in the latest year due to a loss in net income, highlighting profitability challenges. Revenue growth rate has been inconsistent, with a decline in recent years. The EBIT and EBITDA margins show some stability, but the overall profitability is under pressure.

Balance Sheet

The balance sheet reveals a strong equity position with a manageable debt-to-equity ratio, reflecting financial stability. However, the decline in stockholders' equity over time signals potential risks. The equity ratio is robust, indicating a solid foundation of equity financing. Despite these strengths, the company faces challenges with increasing liabilities and decreasing total assets.

Cash Flow

Cash flow analysis shows that Exxaro Tiles Ltd. has improved its operating cash flow significantly, indicating better operational efficiency. However, free cash flow growth is erratic, and the free cash flow to net income ratio is concerning due to negative net income. The company needs to enhance its cash generation capabilities to ensure long-term sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.10B	3.05B	3.01B	3.15B	3.25B	2.54B
Gross Profit	1.04B	844.60M	302.01M	947.37M	798.37M	814.06M
EBITDA	290.11M	237.15M	260.14M	335.33M	486.67M	520.55M
Net Income	49.23M	-1.22M	22.46M	72.72M	181.01M	152.23M
Balance Sheet
Total Assets	0.00	4.91B	4.86B	4.68B	4.05B	3.69B
Cash, Cash Equivalents and Short-Term Investments	47.59M	47.59M	40.06M	34.36M	191.20M	52.47M
Total Debt	0.00	921.65M	974.52M	939.55M	568.57M	1.61B
Total Liabilities	-2.77B	2.14B	2.10B	1.93B	1.38B	2.33B
Stockholders Equity	2.77B	2.77B	2.77B	2.74B	2.67B	1.36B
Cash Flow
Free Cash Flow	0.00	161.40M	-710.00K	-408.32M	202.18M	364.44M
Operating Cash Flow	0.00	232.91M	52.74M	232.12M	247.72M	377.86M
Investing Cash Flow	0.00	-47.54M	57.33M	-667.01M	-92.28M	-17.11M
Financing Cash Flow	0.00	-172.54M	-107.18M	278.03M	-14.47M	-344.23M

Exxaro Tiles Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EXXARO, the sentiment is Negative. The current price of 8.05 is above the 20-day moving average (MA) of 7.93, below the 50-day MA of 8.25, and above the 200-day MA of 7.92, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 32.33 is Neutral, neither overbought nor oversold. The STOCH value of 17.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EXXARO.

Exxaro Tiles Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCCL	72 Outperform	₹1.29B	12.32	―	10.99%	-76.65%	-76.77%
EXXARO	67 Neutral	₹3.48B	19.44	―	―	12.19%	―
ORIENTCER	65 Neutral	₹5.60B	33.03	―	0.60%	13.78%	18.58%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MURUDCERA	56 Neutral	₹2.06B	20.48	―	1.44%	10.18%	28.03%
REGENCERAM	49 Neutral	₹1.27B	88.12	―	―	574.56%	―

Exxaro Tiles Ltd. Corporate Events

Exxaro Tiles Confirms Full Demat Shareholding, Regulation 74(5) Not Applicable for Q4 2025

Exxaro Tiles Limited informed the stock exchanges that it has obtained the requisite confirmation under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. The company’s RTA, Bigshare Services Pvt Ltd, certified that the regulation is not applicable for the period because all of Exxaro’s shares are held in demat form and no requests for dematerialisation or rematerialisation were received during the quarter, underscoring a fully dematerialised shareholding structure and streamlined compliance obligations for stakeholders.