Exxaro Tiles Ltd. (EXXARO) AI Stock Analysis

• Market Cap: ₹3.67B
• Dividend Yield: N/A
• Average Volume (3M): 104.24K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 0.90
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹10.50 ▲(14.13% Upside)

Exxaro Tiles Ltd. receives a score of 67, driven primarily by its solid technical analysis, indicating bullish momentum. However, financial performance concerns, particularly in profitability and cash flow, weigh down the score. The high P/E ratio also suggests valuation concerns, and the lack of a dividend yield limits its attractiveness to certain investors.

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: Positive
• Last Price: 9.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EXXARO, the sentiment is Positive. The current price of 9.2 is above the 20-day moving average (MA) of 8.17, above the 50-day MA of 8.19, and above the 200-day MA of 7.93, indicating a bullish trend. The MACD of 0.35 indicates Negative momentum. The RSI at 61.18 is Neutral, neither overbought nor oversold. The STOCH value of 59.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	70 Outperform	₹1.61B	15.37	―	8.98%	-76.65%	-76.77%
EXXARO	67 Neutral	₹3.67B	22.88	―	―	12.19%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MURUDCERA	61 Neutral	₹2.61B	26.78	―	1.24%	7.12%	55.77%
REGENCERAM	49 Neutral	₹1.30B	41.77	―	―	574.56%	―

Exxaro Tiles Ltd. Corporate Events

Exxaro Tiles Announces AGM Voting Results

Exxaro Tiles Limited has announced the results of its 18th Annual General Meeting (AGM) held on September 27, 2025. The meeting, conducted via video conferencing, included resolutions that were voted on through remote e-voting and e-voting during the AGM. The scrutinizer, Vasant Patel & Associates, provided a consolidated report on the voting outcomes, which has been made available on the company’s website. This announcement underscores Exxaro Tiles’ commitment to transparency and regulatory compliance in its corporate governance practices.

Exxaro Tiles Announces 18th AGM and Key Appointments

Exxaro Tiles Limited has announced its 18th Annual General Meeting (AGM), scheduled for September 27, 2025, to be conducted via video conferencing. Key agenda items include the adoption of audited financial statements, reappointment of directors, and the reappointment of M/s. H B Kalaria & Associates as statutory auditors for another five-year term. This meeting reflects the company’s ongoing commitment to governance and transparency, potentially impacting its operational strategies and stakeholder relations positively.