Exxaro Tiles Ltd. (EXXARO) AI Stock Analysis

Exxaro Tiles Ltd.

(NSE:EXXARO)

Select Model

Rating:53.5Neutral

Price Target:INR 6.00▼(-4.15% Downside)

Action:reiterated

Date:08/29/26

The overall score sits in the low-50s because profitability and revenue trends are weak and cash flows have been volatile, even though the balance sheet has strengthened significantly with lower leverage and stable assets. Technicals show recent price strength that appears extended and at risk of near-term pullbacks, while the very high P/E without visible income support leaves the valuation demanding for a cyclical, low-return business.

Positive Factors

Moderate LeverageA moderate debt-to-equity profile gives Exxaro greater financial resilience than its more leveraged FY2021 position. Stable equity supporting the asset base can preserve borrowing capacity and provide flexibility to sustain operations or fund measured growth through construction cycles.

Negative Factors

Weak Revenue TrendFlat-to-declining revenue, capped by a sharp FY2026 reduction, signals weak recent demand or execution momentum in the core tile business. Sustained top-line pressure can limit operating leverage, reduce scale benefits, and make a durable earnings recovery more difficult.

Exxaro Tiles Ltd. (EXXARO) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 2.80B
Dividend Yield: ―
Average Volume (3M): 96.86K
Price to Earnings (P/E): 65.8
Beta (1Y): 0.73
Revenue Growth: 19.48%
EPS Growth: -66.65%
Country: India
Employees: 506
Sector: General
Sector Strength: 55
Industry: Construction Materials

Exxaro Tiles Ltd. Business Overview & Revenue Model

Company Description

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 an...

Exxaro Tiles Ltd. Financial Statement Overview

Summary

Revenue and net profit margins have weakened and become volatile, but a much lower debt-to-equity ratio, stable assets, growing equity, and a recent rebound in free cash flow support a mid-range financial score.

Income Statement

42Neutral

Balance Sheet

68Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	3.25B	3.05B	3.05B	3.01B	3.15B	3.25B
Gross Profit	395.34M	403.73M	844.60M	302.01M	766.91M	798.37M
EBITDA	267.45M	256.42M	237.15M	260.14M	335.33M	486.67M
Net Income	40.94M	28.31M	-1.22M	22.46M	72.72M	181.01M
Balance Sheet
Total Assets	0	4.88B	4.91B	4.86B	4.68B	4.05B
Cash, Cash Equivalents and Short-Term Investments	59.00M	59.00M	47.59M	40.06M	34.36M	191.20M
Total Debt	0	932.80M	921.65M	974.52M	939.55M	568.57M
Total Liabilities	-2.80B	2.08B	2.14B	2.10B	1.93B	1.38B
Stockholders Equity	2.80B	2.80B	2.77B	2.77B	2.74B	2.67B
Cash Flow
Free Cash Flow	79.49M	122.29M	161.40M	-710.00K	-408.32M	202.18M
Operating Cash Flow	150.00M	214.57M	232.91M	52.74M	232.12M	247.72M
Investing Cash Flow	-69.50M	-197.44M	-47.54M	57.33M	-667.01M	-92.28M
Financing Cash Flow	-91.43M	-19.80M	-172.54M	-107.18M	278.03M	-14.47M

Exxaro Tiles Ltd. Technical Analysis

Technical Analysis SentimentPositive

Last Price6.26

Price Trends

50DMA6.30Positive

100DMA6.40Negative

200DMA6.70Negative

Market Momentum

MACD0.00Negative

RSI52.96Neutral

STOCH35.38Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EXXARO, the sentiment is Positive. The current price of 6.26 is above the 20-day moving average (MA) of 6.20, below the 50-day MA of 6.30, and below the 200-day MA of 6.70, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 52.96 is Neutral, neither overbought nor oversold. The STOCH value of 35.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:EXXARO.

Exxaro Tiles Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:EXXARO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:KAJARIACER	70Outperform	INR 174.30B	29.88	―	1.59%	14.20%	66.86%
IN:SOMANYCERA	68Neutral	INR 22.30B	21.36	―	1.08%	9.32%	82.85%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ORIENTBELL	55Neutral	INR 5.10B	24.70	―	0.28%	13.22%	387.47%
IN:ASIANTILES	54Neutral	INR 13.59B	61.18	―	―	18.50%	-67.27%
IN:EXXARO	54Neutral	INR 2.75B	65.83	―	―	19.48%	-66.65%
IN:NITCO	49Neutral	INR 17.32B	-58.49	―	―	28.75%	98.71%

* General Sector Average

Performance Comparison

IN:EXXARO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:EXXARO	Exxaro Tiles Ltd.	6.32	-1.89	-23.02%
IN:ASIANTILES	Asian Granito India Limited	46.52	-20.64	-30.73%
IN:KAJARIACER	Kajaria Ceramics Limited	1134.35	-14.63	-1.27%
IN:NITCO	Nitco Limited	72.93	-27.87	-27.65%
IN:ORIENTBELL	Orient Bell Limited	358.60	66.33	22.69%
IN:SOMANYCERA	Somany Ceramics Limited	556.15	116.61	26.53%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026

Exxaro Tiles Ltd. AI Stock Analysis