Kajaria Ceramics Limited (KAJARIACER) - Net Assets

Latest as of September 2025: Rs29.98 Billion INR ≈ $324.19 Million USD

Based on the latest financial reports, Kajaria Ceramics Limited (KAJARIACER) has net assets worth Rs29.98 Billion INR (≈ $324.19 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs39.69 Billion ≈ $429.24 Million USD) and total liabilities (Rs9.71 Billion ≈ $105.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Kajaria Ceramics Limited (KAJARIACER) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs29.98 Billion
% of Total Assets	75.53%
Annual Growth Rate	17.09%
5-Year Change	45.34%
10-Year Change	180.67%
Growth Volatility	12.2

Kajaria Ceramics Limited - Net Assets Trend (2005–2025)

This chart illustrates how Kajaria Ceramics Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Kajaria Ceramics Limited market cap and net worth.

Annual Net Assets for Kajaria Ceramics Limited (2005–2025)

The table below shows the annual net assets of Kajaria Ceramics Limited from 2005 to 2025. Also explore KAJARIACER net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-03-31	Rs28.10 Billion ≈ $303.90 Million	+5.03%
2024-03-31	Rs26.76 Billion ≈ $289.36 Million	+11.28%
2023-03-31	Rs24.04 Billion ≈ $260.03 Million	+9.93%
2022-03-31	Rs21.87 Billion ≈ $236.53 Million	+13.12%
2021-03-31	Rs19.33 Billion ≈ $209.10 Million	+8.74%
2020-03-31	Rs17.78 Billion ≈ $192.29 Million	+8.36%
2019-03-31	Rs16.41 Billion ≈ $177.45 Million	+15.77%
2018-03-31	Rs14.17 Billion ≈ $153.27 Million	+13.28%
2017-03-31	Rs12.51 Billion ≈ $135.31 Million	+24.97%
2016-03-31	Rs10.01 Billion ≈ $108.27 Million	+24.61%
2015-03-31	Rs8.03 Billion ≈ $86.89 Million	+40.86%
2014-03-31	Rs5.70 Billion ≈ $61.68 Million	+46.86%
2013-03-31	Rs3.88 Billion ≈ $42.00 Million	+34.26%
2012-03-31	Rs2.89 Billion ≈ $31.29 Million	+28.94%
2011-03-31	Rs2.24 Billion ≈ $24.26 Million	+18.50%
2010-03-31	Rs1.89 Billion ≈ $20.48 Million	+22.24%
2009-03-31	Rs1.55 Billion ≈ $16.75 Million	+9.38%
2008-03-31	Rs1.42 Billion ≈ $15.31 Million	-0.72%
2007-03-31	Rs1.43 Billion ≈ $15.43 Million	+4.70%
2006-03-31	Rs1.36 Billion ≈ $14.73 Million	+13.68%
2005-03-31	Rs1.20 Billion ≈ $12.96 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kajaria Ceramics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 6079.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs21.76 Billion	79.29%
Common Stock	Rs159.30 Million	0.58%
Other Comprehensive Income	Rs3.68 Billion	13.40%
Other Components	Rs1.85 Billion	6.73%
Total Equity	Rs27.44 Billion	100.00%

Kajaria Ceramics Limited Competitors by Market Cap

The table below lists competitors of Kajaria Ceramics Limited ranked by their market capitalization.

Company	Market Cap
Datang International Power Generation Co. Ltd F:BJI	$2.07 Billion
Freehold Royalties Ltd. TO:FRU	$2.07 Billion
Timah Persero Tbk JK:TINS	$2.07 Billion
Extreme Networks Inc NASDAQ:EXTR	$2.07 Billion
PowerTECH Co. Ltd. A SHE:301369	$2.07 Billion
COMFORTDELGRO UNSP.ADR/20 F:VZ10	$2.07 Billion
Kruk SA WAR:KRU	$2.07 Billion
REMY UNSP.ADR 1/10/EO 16 F:RMC0	$2.07 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kajaria Ceramics Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 26,165,300,000 to 27,443,400,000, a change of 1,278,100,000 (4.9%).
Net income of 2,943,500,000 contributed positively to equity growth.
Dividend payments of 1,751,900,000 reduced retained earnings.
Share repurchases of 13,700,000 reduced equity.
New share issuances of 13,700,000 increased equity.
Other comprehensive income increased equity by 56,200,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs2.94 Billion	+10.73%
Dividends Paid	Rs1.75 Billion	-6.38%
Share Repurchases	Rs13.70 Million	-0.05%
Share Issuances	Rs13.70 Million	+0.05%
Other Comprehensive Income	Rs56.20 Million	+0.2%
Other Changes	Rs30.30 Million	+0.11%
Total Change	Rs-	4.88%

Book Value vs Market Value Analysis

This analysis compares Kajaria Ceramics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 6.98x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 129.92x to 6.98x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs9.26	Rs1202.70	x
2007-03-31	Rs9.69	Rs1202.70	x
2008-03-31	Rs9.62	Rs1202.70	x
2009-03-31	Rs10.52	Rs1202.70	x
2010-03-31	Rs12.87	Rs1202.70	x
2011-03-31	Rs15.12	Rs1202.70	x
2012-03-31	Rs19.17	Rs1202.70	x
2013-03-31	Rs24.52	Rs1202.70	x
2014-03-31	Rs34.28	Rs1202.70	x
2015-03-31	Rs47.96	Rs1202.70	x
2016-03-31	Rs58.03	Rs1202.70	x
2017-03-31	Rs73.74	Rs1202.70	x
2018-03-31	Rs84.80	Rs1202.70	x
2019-03-31	Rs99.03	Rs1202.70	x
2020-03-31	Rs107.81	Rs1202.70	x
2021-03-31	Rs117.51	Rs1202.70	x
2022-03-31	Rs133.32	Rs1202.70	x
2023-03-31	Rs146.05	Rs1202.70	x
2024-03-31	Rs164.11	Rs1202.70	x
2025-03-31	Rs172.23	Rs1202.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kajaria Ceramics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.73%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.35%
• Asset Turnover: 1.23x
• Equity Multiplier: 1.37x
Recent ROE (10.73%) is below the historical average (18.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	21.95%	8.58%	0.78x	3.28x	Rs162.80 Million
2007	5.68%	1.87%	0.71x	4.26x	Rs-61.67 Million
2008	5.42%	1.85%	0.70x	4.17x	Rs-64.87 Million
2009	9.70%	2.99%	0.81x	4.03x	Rs-4.66 Million
2010	18.94%	4.87%	1.13x	3.42x	Rs169.18 Million
2011	27.28%	6.37%	1.15x	3.72x	Rs384.44 Million
2012	29.02%	6.23%	1.43x	3.25x	Rs536.41 Million
2013	28.96%	6.60%	1.51x	2.90x	Rs684.24 Million
2014	33.16%	8.03%	1.86x	2.22x	Rs1.23 Billion
2015	23.70%	8.03%	1.40x	2.10x	Rs1.02 Billion
2016	25.01%	9.59%	1.26x	2.07x	Rs1.39 Billion
2017	21.51%	9.92%	1.25x	1.74x	Rs1.35 Billion
2018	17.39%	8.67%	1.27x	1.58x	Rs998.41 Million
2019	14.39%	7.66%	1.25x	1.51x	Rs690.80 Million
2020	14.89%	9.09%	1.15x	1.42x	Rs839.03 Million
2021	16.48%	11.08%	1.10x	1.35x	Rs1.21 Billion
2022	17.76%	10.17%	1.24x	1.41x	Rs1.65 Billion
2023	14.81%	7.86%	1.32x	1.43x	Rs1.12 Billion
2024	16.13%	9.43%	1.26x	1.35x	Rs1.60 Billion
2025	10.73%	6.35%	1.23x	1.37x	Rs199.16 Million

Industry Comparison

This section compares Kajaria Ceramics Limited's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $4,121,211,856
Average return on equity (ROE) among peers: 12.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kajaria Ceramics Limited (KAJARIACER)	Rs29.98 Billion	21.95%	0.32x	$2.07 Billion
Ahlada Engineers Limited (AHLADA)	$364.77 Million	22.18%	2.99x	$5.22 Million
Apollo Pipes Limited (APOLLOPIPE)	$2.30 Billion	10.41%	0.70x	$258.16 Million
Aro Granite Industries Limited (AROGRANITE)	$691.66 Million	21.99%	1.08x	$3.83 Million
Beardsell Limited (BEARDSELL)	$394.84 Million	-1.02%	2.13x	$10.18 Million
Bigbloc Construction Limited (BIGBLOC)	$470.25 Million	34.20%	1.42x	$61.86 Million
Blue Star Limited (BLUESTARCO)	$7.58 Billion	16.23%	2.49x	$3.41 Billion
Cera Sanitaryware Limited (CERA)	$6.12 Billion	16.85%	0.71x	$787.10 Million
Electrosteel Castings Limited (ELECTCAST)	$17.06 Billion	-1.58%	1.54x	$490.58 Million
Everest Industries Limited (EVERESTIND)	$3.48 Billion	0.36%	1.46x	$70.73 Million
Exxaro Tiles Limited (EXXARO)	$2.74 Billion	2.65%	0.71x	$30.24 Million

About Kajaria Ceramics Limited

NSE:KAJARIACER India Building Products & Equipment

Market Cap

$2.07 Billion

Rs191.56 Billion INR

Market Cap Rank

#6072 Global

#273 in India

Share Price

Rs1202.70

Change (1 day)

-1.19%

52-Week Range

Rs883.65 - Rs1261.60

All Time High

Rs1543.53