Table of Contents
Tiles ( Building Tiles) are thin slabs of brick earth, burnt in a kiln.
These are very thinner than bricks and have a high tendency to crack and twist in drying and burning than normal bricks and are more responsible for breakage.
Therefore, great care is needed in their manufacture. They should be dried in the shade, burnt, and cooled gradually in specially-made kilns.
India ranks in the top 3 list of countries in terms of tile production in the world.
1. Top Tiles Company in India
The list of top tiles companies in India is as follows.
a. Kajaria Ceramics Ltd.
b. Somany Ceramics Ltd.
c. HSIL Ltd.
d. HR Johnson tiles.
e. Grindwell Norton Ltd.
f. Asian Granito India Ltd.
g. Cera Sanitaryware Limited.
h. Orient Bell.
i. Nitco Limited.
j. Simpolo Tiles
a. Details of Kajaria Ceramics Ltd.
| Established Years | 1985 |
| Corporate Office | Delhi, India |
| Revenue | Rs 2,999 Cr. |
| Capacity | 68 MSM |
| Market Share | 6.30% |
| Employees | 2588 |
| Market Cap | 9962.64 Cr. |
| Stock P/E | 35.09 |
| Dividend Yield | 0.48% |
| ROCE | 23.87% |
| ROE | 15.94% |
| Sales Growth (3 Yrs) | 7.00% |
| Promoter holding | 34.93% |
| Debt to equity | 0.08 |
| Price to book value | 5.76 |
b. Details of Somany Ceramics Ltd.
| Established Years | 1969 |
| Corporate Office | Uttar Pradesh, India |
| Revenue | Rs 1,733 Cr. |
| Capacity | 52 MSM |
| Market Share | 4.80% |
| Employees | 2267 |
| Market Cap | 1139.58 Cr. |
| Stock P/E | 16.05 |
| Dividend Yield | 0.74% |
| ROCE | 11.81% |
| ROE | 8.92% |
| Sales Growth (3 Yrs) | -2.38% |
| Promoter holding | 51.47% |
| Debt to equity | 0.94 |
| Price to book value | 1.44 |
c. Details of HSIL Ltd.
| Established Years | 1960 |
| Corporate Office | Haryana, India |
| Revenue | Rs 1,879.37 Cr. |
| Capacity | 7.2 MSM |
| Market Share | – |
| Employees | 4198 |
| Market Cap | 719.31 Cr. |
| Stock P/E | 18.83 |
| Dividend Yield | 2.90% |
| ROCE | 6.77% |
| ROE | 4.53% |
| Sales Growth (3 Yrs) | 11.41% |
| Promoter holding | 48.93% |
| Debt to equity | 0.78 |
| Price to book value | 0.57 |
d. Details of Johnson Tiles.
| Established Years | 1901 |
| Corporate Office | Mumbai, India |
| Revenue | Rs 1822 Cr. |
| Capacity | – |
| Market Share | – |
| Employees | – |
| Market Cap | 4009.24Cr. |
| Stock P/E | – |
| Dividend Yield | – |
| ROCE | – |
| ROE | – |
| Sales Growth (3 Yrs) | – |
| Promoter holding | – |
| Debt to equity | – |
| Price to book value | – |
e. Details of Grindwell Norton Ltd.
| Established Years | 1941 |
| Corporate Office | Maharashtra, India |
| Revenue | Rs 1,628 Cr. |
| Capacity | 20 MSM |
| Market Share | 4.70% |
| Employees | 1956 |
| Market Cap | 6,559.61 Cr. |
| Stock P/E | 36.21 |
| Dividend Yield | 1.27% |
| ROCE | 21.59% |
| ROE | 14.97% |
| Sales Growth (3 Yrs) | 11.57% |
| Promoter holding | 58.32% |
| Debt to equity | 0 |
| Price to book value | 5 |
f. Details of Asian Granito India Ltd.
| Established Years | 1995 |
| Corporate Office | Ahmedabad, India |
| Revenue | Rs 1,260 Cr. |
| Capacity | 35.76 MSM |
| Market Share | 3.30% |
| Employees | 2334 |
| Market Cap | 940.34 Cr. |
| Stock P/E | 34.12 |
| Dividend Yield | 0.23% |
| ROCE | 10.08% |
| ROE | 4.89% |
| Sales Growth (3 Yrs) | 6.09% |
| Promoter holding | 34.11% |
| Debt to equity | 0.8 |
| Price to book value | 1.57 |
g. Details of Cera Sanitaryware Ltd.
| Established Years | 1980 |
| Corporate Office | Ahmedabad, India |
| Revenue | Rs 1,330 Cr. |
| Capacity | 3.0 MSM |
| Market Share | – |
| Employees | 2587 |
| Market Cap | 3947.67 Cr. |
| Stock P/E | 41.11 |
| Dividend Yield | 0.43% |
| ROCE | 19.25% |
| ROE | 17.59% |
| Sales Growth (3 Yrs) | 13.83% |
| Promoter holding | 54.75% |
| Debt to equity | 0.03 |
| Price to book value | 4.93 |
h. Details of Orient Bell Ltd.
| Established Years | 1977 |
| Corporate Office | Delhi, India |
| Revenue | Rs 492.26 Cr. |
| Capacity | 30 MSM |
| Market Share | – |
| Employees | – |
| Market Cap | 198.46 Cr. |
| Stock P/E | 0.00 |
| Dividend Yield | 0.00% |
| ROCE | 345.00% |
| ROE | – |
| Sales Growth (3 Yrs) | – |
| Promoter holding | – |
| Debt to equity | – |
| Price to book value | 0.86 |
I. Details of Nitco Ltd.
| Established Years | 1953 |
| Corporate Office | Maharashtra, India |
| Revenue | Rs 607 Cr. |
| Capacity | 18 MSM |
| Market Share | 6% |
| Employees | 1300 |
| Market Cap | 145.87 Cr. |
| Stock P/E | 0.00 |
| Dividend Yield | 0.00% |
| ROCE | -4.25% |
| ROE | -17.17% |
| Sales Growth (3 Yrs) | -13.64% |
| Promoter holding | 53.00% |
| Debt to equity | 2.86 |
| Price to book value | -0.95 |
j. Details of Simpolo Tiles Ltd.
| Established Years | 1977 |
| Corporate Office | Morbi, India |
| Revenue | Rs 735 Cr. |
| Capacity | 6.6 MSM |
| Market Share | – |
| Employees | – |
| Market Cap | 5.56 Cr. |
| Stock P/E | – |
| Dividend Yield | – |
| ROCE | – |
| ROE | – |
| Sales Growth (3 Yrs) | – |
| Promoter holding | – |
| Debt to equity | – |
| Price to book value | – |
2. Top 20+ Tile Brands in India
Top Tiles Company In India are listed below with their location as follows:
| Sr.No. | Tile Brands in India | Location |
| 1 | Kajaria Ceramics Ltd | Delhi, India |
| 2 | Somany Ceramics Ltd | Uttar Pradesh, India |
| 3 | Grindwell Norton Ltd | Maharashtra, India |
| 4 | Asian Granito India Ltd | Ahmedabad, India |
| 5 | Cera Ceramic Tiles | Ahmedabad, India |
| 6 | HSIL Ltd | Haryana, India |
| 7 | Nitco Limited | Maharashtra, India |
| 8 | Johnson Tiles | Mumbai, India |
| 9 | Bajaj Tiles | Ahmedabad, India |
| 10 | Simpolo Tiles | Morbi, India |
| 11 | Orient Bell | Delhi, India |
| 12 | Swastik Tiles | Mehsana, India |
| 13 | Varmora | Morbi, India |
| 14 | Pokarna | Telangana, India |
| 15 | Divyashakti | Telangana, India |
| 16 | Murudeshwar Cer | Hubli, India |
| 17 | Elegant Marble | Maharashtra, India |
| 18 | Aro Granite | Tamil Nadu, India |
| 19 | Pacific Ind | Karnataka, India |
| 20 | Oriental Trimex | New Delhi, India |
| 21 | Inani Marbles | Rajasthan, India |
| 22 | Restile Ceramic | Vadodra, India |
| 23 | Madhav Marbles | Rajasthan, India |
| 24 | Solid Stone | Mumbai, India |
| 25 | Regency Ceramic | Hyderabad, India |
3. Top 50 Tile Companies in India
The top tiles Company In India are as follows:
| Sr. No. | Company in India |
| 1 | Simpolo Vitrified Ltd |
| 2 | Kajaria Ceramics Ltd |
| 3 | Rak Ceramics India Pvt. Ltd. |
| 4 | Somany Ceramics Limited |
| 5 | H.& R. Johnson (India) Ltd. |
| 6 | Asian Granito India Ltd. |
| 7 | Metrocity Tiles Pvt. Ltd. |
| 8 | Sunheart Vitrified Tiles |
| 9 | Orient Bell Limited |
| 10 | Qutone Granito Pvt. Ltd. |
| 11 | Varmora Granito Pvt. Ltd. |
| 12 | Kripton Granito Pvt. Ltd. |
| 13 | Nitco Tiles Ltd |
| 14 | Sakar Granito (India) Pvt. Ltd. |
| 15 | Fusion Granito Pvt. Ltd. |
| 16 | Kera Vitrified LLP |
| 17 | Sparron Vitrified LLp |
| 18 | Accord Vitrified Pvt.Ltd |
| 19 | Lizzart Granito LLP |
| 20 | Clay Stone Granito Pvt.Ltd |
| 21 | Sisam Granito LLP |
| 22 | Millennium Tiles LLP |
| 23 | Itoli Granito LLP |
| 24 | Cruso Granito Pvt. Ltd. |
| 25 | Bonza Vitrified Pvt.Ltd |
| 26 | Renite Vitrified LLP |
| 27 | Lavish Granito Pvt. Ltd. |
| 28 | Segam Tiles Pvt. Ltd. |
| 29 | Letina Ceramic |
| 30 | Sega Granito LTP |
| 31 | Crevita Granito Pvt. Ltd. |
| 32 | Maps Granito Pvt. Ltd. |
| 33 | Simanto Vitrified LLP |
| 34 | Scientifica Tiles LLP |
| 35 | Livenza Granito LLP |
| 36 | Nobel Wall Tiles |
| 37 | Ramos Ceramic Pvt. Ltd. |
| 38 | Vento Ceramic |
| 39 | Olivia Ceramics Pvt.Ltd |
| 40 | Sunshine Tiles Co Pvt. Ltd( Sunheart) |
| 41 | Big Tiles |
| 42 | Italake Ceramic Pvt. Ltd. |
| 43 | Savino Ceramic Pvt. Ltd. |
| 44 | Letina Ceramic |
| 45 | Dunexo Ceramic Pvt. Ltd. |
| 46 | Alient Ceramic Pvt. Ltd. |
| 47 | Calypso Ceramic Pvt. Ltd. |
| 48 | Arrone Ceramic |
| 49 | Rey Cera Creation PVT. LTD. |
| 50 | Shravya Ceramic LLP |
4. Top 10+ Tiles Brand in India 2019-2020 As per Revenue
The top tiles Company In India as per revenue are as follows:
| Sr.No. | Tiles Brand in India | Revenue |
| 1 | Kajaria Ceramics Ltd | Rs 2,523.18 Cr |
| 2 | HSIL Ltd | Rs 1,852.29 Cr |
| 3 | HR Johnson tiles | Rs 1822.00 Cr |
| 4 | Somany Ceramics Ltd | Rs 1,733.00 Cr |
| 5 | Cera Sanitaryware Limited | Rs 1,330.00 Cr |
| 6 | Asian Granito India Ltd | Rs 1,260.00 Cr |
| 7 | Simpolo Tiles | Rs 735.00 Cr |
| 8 | Nitco Limited | Rs 607.00 Cr |
| 9 | Varmora | Rs 500.00 Cr |
| 10 | Orient Bell | Rs 492.26 Cr |
| 11 | Swastik Tiles | Rs 242.92 Cr |
| 12 | Grindwell Norton Ltd | Rs 1,628.00 Cr |
| 13 | Bajaj Tiles | Rs 75.00 Cr |
5. Top 5 Tiles Companies in India Revenue Comparison
The revenue comparison of top tiles Company In India are as follows:
6. Top 10 Tiles Manufacturers in India As per Plant Capacity
| Tiles Company in India | Revenue 2022 | Revenue 2021 | Revenue 2020 | Revenue 2019 | Revenue 2018 | Revenue 2017 | |
| 1 | Kajaria Ceramics Ltd | Rs 3296.53 Cr. | Rs 2780.00 Cr. | Rs 2808.00 Cr. | Rs 2956.00 Cr. | Rs 2710.00 Cr. | Rs 2549.00 Cr. |
| 2 | HSIL Ltd | Rs 1430.43 Cr. | Rs 1852.00 Cr. | Rs 1859.37 Cr. | Rs 2709.54 Cr. | Rs 2259.23 Cr. | Rs 2076.17 Cr. |
| 3 | Somany Ceramics Ltd | Rs 2073.80 Cr. | Rs 1650.00 Cr. | Rs 1610.00 Cr. | Rs 1715.01 Cr. | Rs 1712.82 Cr. | Rs 1730.03 Cr. |
| 4 | Cera Sanitaryware Ltd | Rs 1441.00 Cr. | Rs 1224.00 Cr. | Rs 1223.00 Cr. | Rs 1351.00 Cr. | Rs 1199.79 Cr. | Rs 1008.10 Cr. |
| 5 | Asian Granito India Ltd | Rs 1292.00 Cr. | Rs 1224.00 Cr. | Rs 1186.62 Cr. | Rs 1155.62 Cr. | Rs 1068.50 |
| Sr.No. | Tiles Manufacturers in India | Capacity (Million Sq. M) |
| 1 | Kajaria Ceramics Ltd | 68.00 MSM |
| 2 | Somany Ceramics Ltd | 52.00 MSM |
| 3 | Asian Granito India Ltd | 35.76 MSM |
| 4 | Orient Bell | 30.00 MSM |
| 5 | Grindwell Norton Ltd | 20.00 MSM |
| 6 | Nitco Limited | 18.00 MSM |
| 7 | HSIL Ltd | 7.20 MSM |
| 8 | Simpolo Tiles | 6.60 MSM |
| 9 | Varmora | 3.20 MSM |
| 10 | Cera Sanitaryware Limited | 3.00 MSM |
7. Top Tiles Company Name As per Rating
| Sr.No. | Tiles Brand Name List | Rating As Per Revenu | Rating As Per Capcitiy | Rating As Market Cap | Average Rating |
| 1 | Kajaria Ceramics Ltd | 1 | 1 | 1 | 1.00 ⭐ |
| 2 | Somany Ceramics Ltd | 4 | 2 | 5 | 3.67 ⭐ |
| 3 | HR Johnson tiles | 3 | 8 | 3 | 4.67 ⭐ |
| 4 | HSIL Ltd | 2 | 5 | 7 | 4.67 ⭐ |
| 5 | Grindwell Norton Ltd | 5 | 8 | 2 | 5.00 ⭐ |
| 6 | Asian Granito India Ltd | 7 | 3 | 6 | 5.33 ⭐ |
| 7 | Cera Sanitaryware Ltd | 6 | 8 | 4 | 6.00 ⭐ |
| 8 | Orient Bell | 10 | 7 | 4 | 7.00 ⭐ |
| 9 | Nitco Limited | 9 | 4 | 9 | 7.33⭐ |
| 10 | Simpolo Tiles | 8 | 6 | 10 | 8.00 ⭐ |
8. Best Tile Brands in India As Per Market Cap
| Best Tiles Brand in India | Market Cap in Percentage |
|---|---|
| Kajaria Ceramics Ltd | 36.05 |
| Grindwell Norton Ltd | 23.74 |
| Johnson Tiles | 14.51 |
| Cera Sanitaryware Limited | 14.29 |
| Somany Ceramics Ltd | 4.13 |
| Asian Granito India Ltd | 3.4 |
| HSIL Ltd | 2.6 |
| Orient Bell | 0.72 |
| Nitco Limited | 0.53 |
| Simpolo Tiles | 0.02 |
| Sr.No. | Best Tiles Brand in India | Market Cap | Market Cap in Percentage |
| 1 | Kajaria Ceramics Ltd | 9962.64 Cr. | 36.05 % |
| 2 | Grindwell Norton Ltd | 6,559.61 Cr. | 23.74 % |
| 3 | HR Johnson tiles | 4009.24Cr. | 14.51 % |
| 4 | Cera Sanitaryware Limited | 3947.67 Cr. | 14.29 % |
| 5 | Somany Ceramics Ltd | 1139.58 Cr. | 4.13 % |
| 6 | Asian Granito India Ltd | 940.34 Cr. | 3.4 % |
| 7 | HSIL Ltd | 719.31 Cr. | 2.6 % |
| 8 | Orient Bell | 198.46 Cr. | 0.72 % |
| 9 | Nitco Limited | 145.87 Cr. | 0.53 % |
| 10 | Simpolo Tiles | 5.56 Cr. | 0.02 % |
9. Best Tiles Company in India As Per Growth
| Sr.No. | Best Tiles Company in India | Sales Growth (3 Yrs) |
| 1 | Cera Sanitaryware Limited | 13.83% |
| 2 | Grindwell Norton Ltd | 11.57% |
| 3 | HSIL Ltd | 11.41% |
| 4 | Kajaria Ceramics Ltd | 7.00% |
| 5 | Asian Granito India Ltd | 6.09% |
10. Top 10 Brand Tiles in India As Per Product
The top tiles in India as per product are as follows:
| Sr.No. | Brand Tiles in India | Product |
| 1 | Kajaria Ceramics Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 2 | Somany Ceramics Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 3 | HSIL Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 4 | Johnson Tiles | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 5 | Grindwell Norton Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 6 | Asian Granito India Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 7 | Cera Sanitaryware Ltd | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 8 | Nitco Limited | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 9 | Simpolo Tiles | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
| 10 | Orient Bell | Vitrified Tiles, Ceramic Tiles, Floor Tiles, Wall Tiles |
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