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Kajaria Ceramics Ltd.

BSE: 500233 Sector: Consumer
NSE: KAJARIACER ISIN Code: INE217B01036
BSE 00:00 | 20 Jul 418.90 -10.80
(-2.51%)
OPEN

430.05

HIGH

440.00

LOW

415.05

NSE 00:00 | 20 Jul 419.20 -11.35
(-2.64%)
OPEN

429.70

HIGH

441.25

LOW

414.40

OPEN 430.05
PREVIOUS CLOSE 429.70
VOLUME 50934
52-Week high 768.00
52-Week low 415.05
P/E 26.15
Mkt Cap.(Rs cr) 6,661
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 430.05
CLOSE 429.70
VOLUME 50934
52-Week high 768.00
52-Week low 415.05
P/E 26.15
Mkt Cap.(Rs cr) 6,661
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kajaria Ceramics Ltd. (KAJARIACER) - Company History

Kajaria Ceramics, started by Mr. Ashok Kajaria, a technocrat from California University in technical collaboration with Todagres, Spain (second-largest maker of tiles in the world), is the largest manufacturer and exporter of floor and wall tiles in India. It manufactures Glazed Tiles and Listello Tiles under the Kajaria brand name. It uses the latest Monoporosa technology, which is available in Europe, for producing the floor and wall tiles. It was imported in 1998. KCL came out with a public issue in Sep.'88 to set up a factory at Sikandrabad, Uttar Pradesh. The Commercial production of this unit is commenced in Aug.'88. KCL has expanded the capacity in stages all this years. Started with mere 12000 tpa in 1988, the total installed capacity (of both the units at sikandrabad and Alwar) has jumped to 160000 tpa by 1999. In 1995 the company has increased the total capacity of Sikandarabad unit to 80000 tpa and in 1998-99 the company completed the new unit for manufacturing floor and wall tiles at Village Gailpur in Alwar District of Rajasthan at a cost of Rs.98 crores thus increasing the total capacity to 150000 tpa. Now in 2000-01, the total capacity stood at 160000 tpa. KCL becomes the first ceramic tile company in India to be accredited with the ISO 9002. KCL which has won the prestigious Capexil Special Export award (given for the highest export made in a year) three times in succession in 1992, 1993, 1994 & 1997 has also baged it again for the year 1999-2000. It exports to the Europe, west Asia and SAARC countries and it has plans to tap the export potential in Australia, South Africa, Vietnam, North America and Singapore. KCL is adopting an nowel strategy/ concept i.e. mock bathrooms, kitchens, and living rooms in organized retailing. It has also pumped in Rs.25 million in Kajaria Plus Ltd, thus making this marketing company of ceramic products it's subsidiary. In Feb 2001, the company has also entered the Australian Market by floating a subsidiary company in Australia, M/s Kajaria Ceramics (Aus) Pty Ltd with an initial investment of Rs.10.86 Million. The company has expanded the installed capacity of Ceramic Tiles during the financial year 2003-04 by 2300000 SqM and with this expansion,the total capacity has risen to 13800000 SqM.