Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Exxaro Tiles Limited specializes in the production and global distribution of vitrified tiles, offering them as flooring solutions throughout India and internationally. Under the 'Exxaro' brand, the company's product line encompasses double charge and glazed vitrified tiles, alongside wall tiles. Its extensive network of dealers and distributors ensures supply to a diverse clientele, including large-scale infrastructure projects covering residential complexes, commercial spaces, educational institutions, hospitality venues, healthcare facilities, government projects, religious establishments, and developers, in addition to serving individual private customers. The enterprise, which commenced operations in 2007, was formerly designated as Ricasil Ceramic Industries Private Limited before rebranding to Exxaro Tiles Limited in December 2020. Its headquarters are located in Himatnagar, India.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, of fair value on EV/EBI