Concealed world of ceramics: Here are few multi-cap stocks; Do you own any?
India stands as the second-largest producer of ceramic tiles globally, contributing to 7 per cent of the total production.
The ceramic industry has been around for about a hundred years and has grown a lot since then. It's become more modern by coming up with new ideas for products, making them better quality, and creating new designs. Now, it's a top-notch industry that can compete globally.
India stands as the second-largest producer of ceramic tiles globally, contributing to 7 per cent of the total production. The surge in housing demand constitutes a significant portion, representing 70 per cent of the overall tile demand in the country.The ceramic industry in India is also growing because people are buying more, and we're selling more to other countries, especially to places like the Middle East and Europe.
The real estate market is growing, and the government is starting new projects, which means more people will need things like toilets and sinks. This is good for the ceramic industry because people buy a lot of sanitary ware.
There's another part of the ceramic industry that's not as well-known, called technical ceramics. These are special types of ceramic materials that are really strong and can handle high temperatures and chemicals. They're used in lots of different industries because of their special properties.
In India, Morbi is a small town near Rajkot that makes most of the ceramic products. In fact, about 90 per cent of all the ceramic stuff made in India comes from there!
Morbi gets its main materials from Gujarat, Rajasthan, and other places, while Thangadh mostly uses what it finds nearby. In Gujarat, natural gas is the main fuel for making ceramics.
Some cool things happening in the ceramic tile world in India are nano technology, 3-D printing, and making really big tiles. These are some of the latest trends.
When it comes to sanitary ware, there are different kinds. The cheaper ones are usually made by small businesses, but the fancier ones are made by bigger companies.
Here are a few companies in the ceramic industry:
|
S.No.
|
Company Name
|
CMP
|
Market Cap. (Rs. Cr.)
|
P/E
|
EV/EBITDA
|
|
1
|
Somany Ceramics Ltd
|
629.6
|
2581.59
|
28.29
|
11.46
|
|
2
|
Manoj Ceramic Ltd
|
125
|
104.18
|
28.85
|
15.4
|
|
3
|
Cera Sanitaryware Ltd
|
7222.05
|
9392.89
|
40.49
|
27.29
|
|
4
|
Kajaria Ceramics Ltd
|
1209.05
|
19255.13
|
44.71
|
25.47
|
|
5
|
Murudeshwar Ceramics Ltd
|
53.1
|
321.49
|
48.35
|
13.27
|
|
6
|
Exxaro Tiles Ltd
|
102.59
|
459
|
154.57
|
20.27
|
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Overall, the ceramic industry in India is doing well and growing because of the demand for tiles and sanitary ware.
Disclaimer: The article is for informational purposes only and not investment advice.