{"id":20408,"date":"2025-08-05T11:02:55","date_gmt":"2025-08-05T11:02:55","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=20408"},"modified":"2026-01-08T12:05:32","modified_gmt":"2026-01-08T12:05:32","slug":"exxaro-tiles-vs-kajaria-tiles","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/","title":{"rendered":"Exxaro Tiles Vs Kajaria Tiles"},"content":{"rendered":"\n<p>As real estate and infrastructure projects are growing in India, the demand for tiles is also increasing continuously. The size of the Indian tiles market has reached around \u20b945,000 crore in 2024, and it may see further growth in the coming times. Many companies are active in this growing market, but names like Exxaro Tiles and Kajaria Ceramics are especially in the news.<\/p>\n\n\n\n<p>In this blog, we will compare these two companies and know their business model, financial performance and future plans so that you can understand the difference between the two and in which direction they are moving.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Exxaro_Tiles_Ltd_An_Overview\" title=\"Exxaro Tiles Ltd : An Overview\u00a0\">Exxaro Tiles Ltd : An Overview\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Kajaria_Ceramics_An_Overview\" title=\"Kajaria Ceramics : An Overview \u00a0\">Kajaria Ceramics : An Overview \u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Comparative_Analysis_Exxaro_Tiles_Vs_Kajaria_Tiles\" title=\"Comparative Analysis: Exxaro Tiles Vs Kajaria Tiles\">Comparative Analysis: Exxaro Tiles Vs Kajaria Tiles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Financial_Statements_Analysis\" title=\"Financial Statements Analysis\u00a0\">Financial Statements Analysis\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Key_Performance_Ratios_KPIs\" title=\"Key Performance Ratios (KPIs)\u00a0\">Key Performance Ratios (KPIs)\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Future_Plans_of_Exxaro_Tiles\" title=\"Future Plans of Exxaro Tiles\">Future Plans of Exxaro Tiles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Future_Plans_of_Kajaria_Ceramics\" title=\"Future Plans of Kajaria Ceramics\">Future Plans of Kajaria Ceramics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Who_is_Better_Exxaro_Tiles_vs_Kajaria_Ceramics\" title=\"Who is Better: Exxaro Tiles vs Kajaria Ceramics?\">Who is Better: Exxaro Tiles vs Kajaria Ceramics?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exxaro-tiles-vs-kajaria-tiles\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-exxaro-tiles-ltd-an-overview\"><span class=\"ez-toc-section\" id=\"Exxaro_Tiles_Ltd_An_Overview\"><\/span>Exxaro Tiles Ltd : An Overview\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.pocketful.in\/stocks\/exxaro-tiles-ltd\">Exxaro Tiles Ltd <\/a>is an emerging tiles manufacturing company in India, started in 2008. It is headquartered in Morbi, Gujarat, which is considered to be the largest tiles manufacturing hub in the country. The company launched its IPO in 2021 and since then it has been trading as a small-cap company in the stock market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-what-does-the-company-do\">What does the company do?<\/h3>\n\n\n\n<p>Exxaro mainly produces vitrified tiles and glazed vitrified tiles (GVT). Its products are mainly used in both residential and commercial segments. The company has a product portfolio of 1000+ designs and also exports its products to more than 24 states in India and more than 13 countries.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Recent Key Developments : <\/strong>In recent years, the company has increased its manufacturing capacity and also invested in technology. Along with this, the company has made its presence felt in new global markets, which has seen an increase in export revenue.<\/li>\n\n\n\n<li><strong>Role and Importance : <\/strong>Despite being a mid-sized brand, Exxaro is continuously growing and making a strong presence in the organized tiles sector of India. Its strong dealer network and range of modern designs make it competitive in the market.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-business-model-exxaro-tiles\">Business Model \u2013 Exxaro Tiles<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Manufacturing based operation :<\/strong> Exxaro operates on a completely in-house manufacturing model. It has two units in Pipli and Talodara in Gujarat, where tiles are made using automated technology.<\/li>\n\n\n\n<li><strong>Dealer and Distributor Network :<\/strong> The company has a network of 2000+ dealers and 10+ active distributors, who deliver its products to different parts of India.<\/li>\n\n\n\n<li><strong>Export Markets :<\/strong> Exxaro exports its tiles to countries like the US, Europe, Middle East and Africa.<\/li>\n\n\n\n<li><strong>Design and Innovation :<\/strong> The company&#8217;s business model focuses on constantly innovating new designs and sustainable technology to keep pace with changing consumer tastes.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-kajaria-ceramics-an-overview\"><span class=\"ez-toc-section\" id=\"Kajaria_Ceramics_An_Overview\"><\/span>Kajaria Ceramics : An Overview \u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.pocketful.in\/stocks\/kajaria-ceramics-ltd\">Kajaria Ceramics Ltd<\/a> is one of the largest and oldest tiles companies in India. It was started in 1985 and is headquartered in New Delhi. Over the past four decades, the company has achieved a leadership position in the Indian tiles industry. The company is a market leader in the organized segment and is counted among the top tiles manufacturing companies in the world.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-what-does-the-company-do-0\">What does the company do?<\/h3>\n\n\n\n<p>Kajaria manufactures a wide range of tiles such as ceramic wall tiles, floor tiles, polished vitrified tiles (PVT) and glazed vitrified tiles (GVT). Its products are used in residential, commercial and infrastructure segments. The company has 10+ manufacturing units spread across India and has a total production capacity of 85+ million square meters per annum.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Recent Major Developments :<\/strong> In 2023\u201324, the company added new lines to its Panvel and Bulandshahr units and increased focus on sustainable tiles. Apart from this, the company has targeted a new young customer base by emphasizing on design innovation and digital branding.<\/li>\n\n\n\n<li><strong>Role and Importance :<\/strong> Kajaria is present in every part of India today and its 5000+ dealer network gives it exclusive reach. The company&#8217;s emphasis on brand value, quality control and innovation makes it different from other companies in the market.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-business-model-kajaria-ceramics\">Business Model \u2013 Kajaria Ceramics<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Manufacturing + Outsourcing Model :<\/strong> Kajaria&#8217;s business model is a hybrid model in which the company manufactures tiles itself as well as gets production done from outsourcing units. This increases both its capacity and scalability.<\/li>\n\n\n\n<li><strong>Strong Dealer Network and Retail Presence :<\/strong> The company has over 5000 dealers, 1500+ showrooms, and a strong presence in every state of India. Its network helps it reach every type of customer.<\/li>\n\n\n\n<li><strong>Export Strategy :<\/strong> Kajaria exports its tiles to 30+ countries, including the US, UK, Australia, and the Middle East.<\/li>\n\n\n\n<li><strong>Branding and Design :<\/strong> The company introduces hundreds of new designs every year and provides high quality and attractive products to customers as per the trend.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-comparative-analysis-exxaro-tiles-vs-kajaria-tiles\"><span class=\"ez-toc-section\" id=\"Comparative_Analysis_Exxaro_Tiles_Vs_Kajaria_Tiles\"><\/span>Comparative Analysis: Exxaro Tiles Vs Kajaria Tiles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">Exxaro Tiles<\/th><th class=\"has-text-align-center\" data-align=\"center\">Kajaria Ceramics Ltd<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Price (\u20b9)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">7.85<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,183<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Market Cap (\u20b9 Crores)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">351<\/td><td class=\"has-text-align-center\" data-align=\"center\">18,846<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>52-W High (\u20b9)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">11.6<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,579<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>52-W Low (\u20b9)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5.22<\/td><td class=\"has-text-align-center\" data-align=\"center\">745<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>FII Holdings as of June 2025<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">4.52%<\/td><td class=\"has-text-align-center\" data-align=\"center\">12.55%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>DII Holdings (as of June 2025)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.00%<\/td><td class=\"has-text-align-center\" data-align=\"center\">27.39%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Book Value (\u20b9)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">6.19<\/td><td class=\"has-text-align-center\" data-align=\"center\">172<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>PE Ratio<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">78.5<\/td><td class=\"has-text-align-center\" data-align=\"center\">53.6<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><em>(Data as of 5 August 2025)<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-financial-statements-analysis\"><span class=\"ez-toc-section\" id=\"Financial_Statements_Analysis\"><\/span>Financial Statements Analysis\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-income-statement-comparison\">Income statement Comparison<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">Exxaro Tiles<\/th><th class=\"has-text-align-center\" data-align=\"center\">Kajaria Ceramics Ltd<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Income<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">305<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,677<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Expenses<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">291<\/td><td class=\"has-text-align-center\" data-align=\"center\">4,174<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>EBIT<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">13<\/td><td class=\"has-text-align-center\" data-align=\"center\">455<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Net Profit<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0<\/td><td class=\"has-text-align-center\" data-align=\"center\">299<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(All values are in INR crores and the data is as of March 2025)<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-balance-sheet-comparison\">Balance Sheet Comparison\u00a0<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">Exxaro Tiles<\/th><th class=\"has-text-align-center\" data-align=\"center\">Kajaria Ceramics Ltd<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Liabilities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">187<\/td><td class=\"has-text-align-center\" data-align=\"center\">707<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Assets<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">297<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,818<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Fixed Assets<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">191<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,794<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Reserves &amp; Surplus<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">232<\/td><td class=\"has-text-align-center\" data-align=\"center\">2,728<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(All values are in INR crores and the data is as of March 2025)<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-cash-flow-statement-comparison\">Cash Flow Statement Comparison\u00a0<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">Exxaro Tiles<\/th><th class=\"has-text-align-center\" data-align=\"center\">Kajaria Ceramics Ltd<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash Flow from Operating Activities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">23<\/td><td class=\"has-text-align-center\" data-align=\"center\">500<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash Flow from Investing Activities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">-4<\/td><td class=\"has-text-align-center\" data-align=\"center\">-372<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash Flow from Financing Activities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">-17<\/td><td class=\"has-text-align-center\" data-align=\"center\">-208<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(All values are in INR crores and the data is as of March 2025)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-performance-ratios-kpis\"><span class=\"ez-toc-section\" id=\"Key_Performance_Ratios_KPIs\"><\/span>Key Performance Ratios (KPIs)\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">Exxaro Tiles<\/th><th class=\"has-text-align-center\" data-align=\"center\">Kajaria Ceramics Ltd<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Operating Profit Margin (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">4.66<\/td><td class=\"has-text-align-center\" data-align=\"center\">10.86<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Net Profit Margin (%)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">-0.04<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.45<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>ROE (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">-0.04<\/td><td class=\"has-text-align-center\" data-align=\"center\">10.72<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>ROCE (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">4.68<\/td><td class=\"has-text-align-center\" data-align=\"center\">16.51<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Debt to Equity (x)<\/strong><strong><\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.33<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.06<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(Data as of March 2025)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-future-plans-of-exxaro-tiles\"><span class=\"ez-toc-section\" id=\"Future_Plans_of_Exxaro_Tiles\"><\/span>Future Plans of Exxaro Tiles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The future plans of Exxaro tiles are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Focus on increasing production capacity : <\/strong>Exxaro Tiles is focusing on increasing its manufacturing capacity in the coming years. The company is upgrading its existing units located in Gujarat to improve automation and product quality.<\/li>\n\n\n\n<li><strong>Design and technology innovation : <\/strong>The company aims to work on more innovative and high-margin designs. For this, Exxaro is constantly investing in new ceramic design solutions and digital printing technology to attract the global customer base as well.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Expansion in the export market : <\/strong>Exxaro also wants to expand its international business. Currently, the company exports to 13+ countries, but now its target is to establish the brand in big markets like the USA, Europe and Middle East.<\/li>\n\n\n\n<li><strong>ESG and Sustainability Initiatives : <\/strong>The company is also working towards green energy and sustainable materials. In the coming time, the company plans to increase the use of solar energy and water recycling systems in its production.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-future-plans-of-kajaria-ceramics\"><span class=\"ez-toc-section\" id=\"Future_Plans_of_Kajaria_Ceramics\"><\/span>Future Plans of Kajaria Ceramics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The future plans of Kajaria Ceramics are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Establishment of new manufacturing units :<\/strong> Kajaria Ceramics is planning to take its production capacity to 100+ million square meters in the coming years. For this, the company is setting up new units in Maharashtra, Uttar Pradesh and Gujarat.<\/li>\n\n\n\n<li><strong>Sustainable tiles and technology : <\/strong>The company&#8217;s focus is now on eco-friendly and energy-efficient tiles. For this, Kajaria is setting up advanced kiln technology and digital printing lines which will reduce energy consumption and reduce carbon footprint.<\/li>\n\n\n\n<li><strong>Expansion of brand reach and dealer network : <\/strong>Kajaria is now creating new showrooms and distributor channels to increase its reach in small cities and towns. Its aim is to have a strong hold in the mid and lower tier markets as well.<\/li>\n\n\n\n<li><strong>Expansion in international markets : <\/strong>Kajaria has registered good growth in exports in the past years. Now the company wants to further strengthen its brand in the US, Australia and Africa. For this, it is working on country-specific marketing and B2B partnerships.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-who-is-better-exxaro-tiles-vs-kajaria-ceramics\"><span class=\"ez-toc-section\" id=\"Who_is_Better_Exxaro_Tiles_vs_Kajaria_Ceramics\"><\/span>Who is Better: Exxaro Tiles vs Kajaria Ceramics?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The comparison between the two companies based on different criteria is given below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Company size and market position : <\/strong>Kajaria Ceramics is a large cap company that has been leading the industry for over four decades, while Exxaro Tiles is a small cap and relatively new company. Kajaria has a stronger market share in terms of size and experience.<\/li>\n\n\n\n<li><strong>Product range and segments : <\/strong>Kajaria has a presence in almost every tile segment ceramic, PVT, GVT while Exxaro focuses primarily on vitrified and glazed tiles. Kajaria appears to be slightly ahead in terms of product diversity.<\/li>\n\n\n\n<li><strong>Manufacturing structure : <\/strong>Exxaro relies entirely on in-house manufacturing while Kajaria operates on a hybrid model (in-house + outsourcing). This gives Kajaria the flexibility to scale, while Exxaro has an advantage in quality control.<\/li>\n\n\n\n<li><strong>Distribution Network and Brand Reach : <\/strong>Kajaria has a large distribution network with 5000+ dealers and 1500+ showrooms across almost every corner of India. Exxaro\u2019s network is growing continuously but is comparatively limited at the moment.<\/li>\n\n\n\n<li><strong>Financial Strength and Growth : <\/strong>Kajaria has consistently strong revenue growth, good margins and stable cash flow, which makes it financially stable. Exxaro is in a growth phase and has the potential to accelerate in the coming years, but its track record so far is limited.<\/li>\n\n\n\n<li><strong>Future Direction : <\/strong>Both companies are focusing on innovation, design and sustainability. While Kajaria is pursuing a large-scale global expansion strategy, Exxaro is also making inroads into new markets.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Kajaria Ceramics and Exxaro Tiles are both playing a significant role in the Indian tile industry. Kajaria has remained a market leader due to its strong brand value, diverse product range and strong distribution network. Exxaro is an emerging company that is making its mark on the basis of innovation and rapid growth. From an investment or business perspective, it is important to understand the difference between the two. One is a symbol of experience, the other is a story of possibilities. Both have different strengths and that is what makes them special.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-motors-vs-maruti-suzuki-analysis-of-auto-stocks\/\">Tata Motors vs Maruti Suzuki<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-steel-vs-jsw-steel\/\">Tata Steel vs. JSW Steel<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/apollo-hospitals-vs-fortis-healthcare\/\">Apollo Hospitals vs Fortis Healthcare:<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/tata-steel-vs-jsw-steel\/\">Tata Steel vs. JSW Steel<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mrf-vs-apollo-tyres\/\">MRF vs Apollo Tyres<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What kind of company is Exxaro Tiles?<\/h3><p class=\"saswp-faq-answer-text\">Exxaro Tiles is an Indian company that mainly manufactures vanity and glazed vitrified tiles.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is special about Kajaria Ceramics?<\/h3><p class=\"saswp-faq-answer-text\">Kajaria Ceramics is India&#8217;s largest tile manufacturer with a strong brand value and product range.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is Exxaro Tiles on a growth stage?<\/h3><p class=\"saswp-faq-answer-text\">Yes, Exxaro Tiles is a growing company that is constantly expanding its plants and market network.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which has stronger brand value between Exxaro Tiles and Kajaria Ceramics?<\/h3><p class=\"saswp-faq-answer-text\">Kajaria Ceramics has stronger and stable brand value and market hold.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Which company, Exxaro or Kajaria, is more active in the international market?<\/h3><p class=\"saswp-faq-answer-text\">Kajaria Ceramics has a larger and better developed international network, while Exxaro Tiles is also gradually expanding its presence in the global market.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>As real estate and infrastructure projects are growing in India, the demand for tiles is also increasing continuously. The size of the Indian tiles market has reached around \u20b945,000 crore in 2024, and it may see further growth in the coming times. Many companies are active in this growing market, but names like Exxaro Tiles [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":20411,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-20408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exxaro Tiles vs Kajaria Ceramics Comparison 2026<\/title>\n<meta name=\"description\" content=\"Compare Exxaro Tiles and Kajaria Ceramics in 2026 based on business models, financials, growth plans, and performance to make 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