EXXARO

Exxaro Tiles financials

Market cap
₹285 Cr
Sector
Consumer Durables

What Exxaro Tiles Limited does

Exxaro Tiles Limited manufactures ceramic and vitrified tiles, including double-charged vitrified tiles (DCVT), full-body vitrified tiles, glazed vitrified tiles (GVT), large-format big slab GVT, wall tiles and parking tiles, at two plants in Gujarat (Padra, Vadodara and Talod, Sabarkantha). It sells through a pan-India dealer/touchpoint network spanning metro, Tier I, II and III cities, exports to multiple countries, and supplements its own production with volumes procured from outsourced manufacturing partners. A wholly owned subsidiary, Exxaro Ceramics Limited, trades in vitrified tiles.

Segments

  • Own Manufacturing
  • Outsourced production
Manufacturing plants
2 (Padra, Vadodara & Talod, Sabarkantha)
Installed production capacity (combined)
14.6 million sq. m per annum
Talod plant capacity
11 million sq. m per annum; India's largest single-roof glazed vitrified tile plant
Padra plant capacity
3.6 million sq. m per annum
Distribution touchpoints
2000+
Domestic presence
25 states
Founded 2008Headquarters Ahmedabad, Gujarat, India Company website

Quarterly results

Q1 FY27: revenue up 31.2%, net profit up 155.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue70 79 95 65 69 −1%71 −10%100 +5%85 +31%
EBITDA6 7 10 6 6 +7%7 −2%6 −41%7 +14%
Net profit-1 1 4 1 1 +290%1 −49%0 −94%2 +156%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −19.1% 1Y

₹6.0₹7.0₹8.0₹9.0₹10.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹7.89 on 10 Sept 2025 → ₹6.38. High ₹9.92 (6 Nov 2025), low ₹6 (17 Aug 2026).

Financials, as filed

Revenue fell 1.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 8.2%.

Year endingFY23FY24FY25FY26
Revenue₹315 Cr₹302 Cr₹304 Cr₹305 Cr
Operating profit₹31 Cr₹25 Cr₹23 Cr₹25 Cr
Operating margin10.0%8.1%7.5%8.2%
Interest₹9 Cr₹14 Cr₹12 Cr₹12 Cr
Depreciation₹16 Cr₹9 Cr₹10 Cr₹10 Cr
Net profit₹7 Cr₹2 Cr₹-0 Cr₹3 Cr
Net margin2.3%0.7%0.0%0.9%
Cash from operations₹23 Cr₹5 Cr₹23 Cr₹33 Cr
Free cash flow₹-41 Cr₹0 Cr₹16 Cr₹28 Cr
ROCE6.0%5.0%4.0%4.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹34 Cr₹45 Cr₹45 Cr₹45 Cr₹45 Cr₹45 Cr
Reserves₹102 Cr₹222 Cr₹229 Cr₹232 Cr₹234 Cr₹235 Cr
Borrowings₹161 Cr₹57 Cr₹94 Cr₹97 Cr₹88 Cr₹93 Cr
Other liabilities₹72 Cr₹81 Cr₹100 Cr₹112 Cr₹116 Cr₹115 Cr
Total liabilities₹369 Cr₹405 Cr₹468 Cr₹486 Cr₹483 Cr₹488 Cr
Fixed assets₹159 Cr₹150 Cr₹198 Cr₹194 Cr₹194 Cr₹190 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹0 Cr₹10 Cr₹1 Cr₹0 Cr₹0 Cr
Other assets₹209 Cr₹255 Cr₹259 Cr₹291 Cr₹289 Cr₹298 Cr
Total assets₹369 Cr₹405 Cr₹468 Cr₹486 Cr₹483 Cr₹488 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −0.50 pp while the public added +0.50 pp. The shareholder count shrank 5% to 56,209.

Promoters
42.1%
FIIs
4.0%
Public
53.9%

Since Jun 2025

  • FIIs −0.50 pp
  • Public +0.50 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Dec '23: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Mar '24: Promoters 42.1%, FIIs 4.2%, Public 53.8%.Jun '24: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Sep '24: Promoters 42.1%, FIIs 5.5%, Public 52.4%.Dec '24: Promoters 42.1%, FIIs 5.1%, Public 52.8%.Mar '25: Promoters 42.1%, FIIs 4.6%, Public 53.4%.Jun '25: Promoters 42.1%, FIIs 4.5%, Public 53.4%.Sep '25: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Dec '25: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Mar '26: Promoters 42.1%, FIIs 4.0%, Public 53.9%.Jun '26: Promoters 42.1%, FIIs 4.0%, Public 53.9%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Exxaro Tiles Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Dineshbhai Ramanlal Patel 16.88%unchanged
Kirankumar Bhikhalal Patel 10.51%unchanged
Patel Mukeshkumar B 7.01%unchanged
Rameshbhai Shivabhai Patel 6.99%unchanged
Dixitkumar Kacharabhai Patel 5.23%unchanged
Hitendrakumar Kacharabhai Patel 3.94%unchanged
Deep Health Ai India Limited 3.83%newly disclosed
Jigneshkumar Hasmukhbhai Patel 2.62%unchanged
Nexpact Limited FPI fund2.03%unchanged
Hiraben Kacharabhai Patel 1.78%unchanged
Sureshchandra Nathalal Patel 1.45%unchanged
Narsinhbhai Pashabhai Patel 1.35%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Exxaro Tiles Limited

Guides on how to read this kind of business and the numbers that matter.