20-quarter listed-company comparison

Ceramics/Tiles/Sanitaryware Stocks in India

Ceramics/Tiles/Sanitaryware: Kajaria Ceramics Ltd owns the largest revenue base; Nitco Ltd has the fastest current growth.

01 · the index people search for

Nifty Ceramics/Tiles/Sanitaryware Index — Constituents & Performance

The Ceramics/Tiles/Sanitaryware companies below are the listed Indian Ceramics/Tiles/Sanitaryware universe this page tracks — the same constituent set people search for as the Nifty Ceramics/Tiles/Sanitaryware index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Ceramics/Tiles/Sanitaryware moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 20% behind NIFTY 500. Earnings across its companies grew 0% on average over the last four reported quarters — close to flat.

FADING · −3 in 4w✓Price down, no fundamental support2 of 6 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑1w · 4/6 >200d (+0) · 2/6 lead (−3) · EPS 6/6↑

Ceramics/Tiles/Sanitaryware, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Ceramics/Tiles/Sanitaryware outperforming NIFTY 500?

Ceramics/Tiles/Sanitaryware has underperformed NIFTY 500 by 6.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 4.6%. 4 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Nitco Ltd is the strongest against the sector itself at +6.5%. Readings are as of 2026-07-19.

+4.6%Sector vs NIFTY 500 · 13 weeks

-6.7%Sector vs NIFTY 500 · 52 weeks

4/6Stocks leading NIFTY 500

2/6Stocks leading sector

Sector metric: 13.9 as of 2026-07-19 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Ceramics/Tiles/Sanitaryware has underperformed NIFTY 500 by 6.7% over 52 weeks and 4.6% over 13 weeks. 4 of 6 covered companies beat NIFTY on Mansfield relative strength, while 2 of 6 beat the sector itself. Kajaria Ceramics Ltd leads with revenue of ₹5,055 crore, based on 6 of 6 comparable companies through Jun 2026.

Companies

complete canonical membership

Combined market value

₹34.8K Cr

Kajaria Ceramics Ltd

Revenue growing

5/6

positive TTM year-on-year growth

Beating NIFTY 500

4/6

positive Mansfield relative strength

Comparing 5 of 6

04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%

Kajaria Ceramics Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 100% evidence confidence.

How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Company	Score	Price stage	Growth & earnings/35	Capital efficiency/25	Valuation/20	Relative strength/20
1Kajaria Ceramics LtdKAJARIACER	69.6/100Favorable setup100% evidence	ASLEEP	28.8/35 Revenue 8.5% · PAT 72.3% · OPM change 3 pp 100% evidence	19.8/25 ROCE 23.3% · OPM 20% 100% evidence	9.7/20 P/E 32.7× · PEG 2 100% evidence	11.3/20 RS sector 4.3% · RS bench 6.7% · 1Y 2.4%9 of 12 weeks ahead 100% evidence
Exact sum: 28.8 + 19.8 + 9.7 + 11.3 = 69.6 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Somany Ceramics LtdSOMANYCERA	61.7/100Mixed-positive evidence77% evidence	TURNING	20.8/35 Revenue 4.9% · PAT 25.9% · OPM change 3 pp 83% evidence	16.2/25 ROCE 12.8% · OPM 11% 95% evidence	14.0/20 P/E 24× · PEG — 50% evidence	10.7/20 RS sector -1.3% · RS bench 6.6% · 1Y -8.9%8 of 10 weeks ahead 70% evidence
Exact sum: 20.8 + 16.2 + 14 + 10.7 = 61.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Nitco LtdNITCO	60.3/100Mixed-positive evidence78% evidence	BREAKING OUT	26.3/35 Revenue 72.4% · PAT 100% · OPM change 3.3 pp 65% evidence	5.8/25 ROCE 7.1% · OPM -3.2% 100% evidence	8.2/20 P/E 78.7× · PEG — 50% evidence	20.0/20 RS sector 6.5% · RS bench 8.6% · 1Y -19.6%12 of 12 weeks ahead 100% evidence
Exact sum: 26.3 + 5.8 + 8.2 + 20 = 60.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Cera Sanitaryware LtdCERA	47.2/100Mixed-negative evidence90% evidence	TURNING	9.3/35 Revenue 5.2% · PAT 6.9% · OPM change -5.1 pp 88% evidence	19.8/25 ROCE 22.4% · OPM 13.9% 100% evidence	8.4/20 P/E 32× · PEG 4.07 100% evidence	9.7/20 RS sector -5.9% · RS bench 7% · 1Y -7.4%10 of 10 weeks ahead 70% evidence
Exact sum: 9.3 + 19.8 + 8.4 + 9.7 = 47.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Hindware Home Innovation LtdHINDWAREAP	30.3/100Adverse evidence69% evidence	ASLEEP	15.7/35 Revenue -0.5% · PAT 43.5% · OPM change 1 pp 62% evidence	6.5/25 ROCE 7.1% · OPM 7% 95% evidence	5.1/20 P/E 1740× · PEG — 50% evidence	3.0/20 RS sector -20.4% · RS bench -18.3% · 1Y -13.5%5 of 10 weeks ahead 70% evidence
Exact sum: 15.7 + 6.5 + 5.1 + 3 = 30.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Asian Granito India LtdASIANTILES	26.3/100Adverse evidence75% evidence	BASING	13.2/35 Revenue 10.5% · PAT 100% · OPM change -6.9 pp 62% evidence	4.0/25 ROCE 3.1% · OPM -3.9% 95% evidence	7.3/20 P/E 77.7× · PEG — 50% evidence	1.8/20 RS sector -17.8% · RS bench -14.9% · 1Y -4.6%0 of 12 weeks ahead 100% evidence
Exact sum: 13.2 + 4 + 7.3 + 1.8 = 26.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

05 · what price has already done

Market action

Kajaria Ceramics Ltd has the strongest one-year price move in Ceramics/Tiles/Sanitaryware at +2.4%. Nitco Ltd leads on Mansfield relative strength against NIFTY at +8.6%. 4 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Kajaria Ceramics Ltd has the highest Revenue among the 6 Ceramics/Tiles/Sanitaryware companies compared here, at ₹5,055 crore. Somany Ceramics Ltd is next at ₹2,789 crore. Nitco Ltd has the highest Revenue growth at 72.4%, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Kajaria Ceramics Ltd is the scale leader at ₹5,055 crore, 81.2% ahead of Somany Ceramics Ltd. Nitco Ltd's growth is 72.4% from a ₹542 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderKajaria Ceramics Ltd · ₹5,055 crore

Gap81.2% versus #2 · Somany Ceramics Ltd

Persistence8/8 recent comparable periods

Coverage6/6 companies · 100 observations

Investor read: Kajaria Ceramics Ltd is the scale benchmark; Nitco Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Kajaria Ceramics Ltd's growth falls below Nitco Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenuelargest

1Kajaria Ceramics Ltd KAJARIACER₹5.1K Cr

2Somany Ceramics Ltd SOMANYCERA⚠ unverified₹2.8K Cr

3Hindware Home Innovation Ltd HINDWAREAP⚠ unverified₹2.5K Cr

4Cera Sanitaryware Ltd CERA₹1.9K Cr

5Asian Granito India Ltd ASIANTILES⚠ unverified₹1.8K Cr

Revenue growthfastest growers

1Nitco Ltd NITCO72%

2Asian Granito India Ltd ASIANTILES⚠ unverified11%

3Kajaria Ceramics Ltd KAJARIACER8.5%

4Cera Sanitaryware Ltd CERA5.2%

5Somany Ceramics Ltd SOMANYCERA⚠ unverified4.9%

Revenue · company comparison

6/6 level · 6/6 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Company	Revenue	Revenue growth	Reported
Kajaria Ceramics Ltd KAJARIACER	₹1.3K Cr	20%	Jun 2026
Somany Ceramics Ltd SOMANYCERA⚠ unverified	₹818 Cr	6.4%	Mar 2026
Hindware Home Innovation Ltd HINDWAREAP⚠ unverified	₹663 Cr	-5.2%	Mar 2026
Cera Sanitaryware Ltd CERA	₹645 Cr	11%	Mar 2026
Asian Granito India Ltd ASIANTILES⚠ unverified	₹538 Cr	4.5%	Mar 2026
Nitco Ltd NITCO	₹152 Cr	63%	Mar 2026

Full 20-quarter history · every available company

Revenue · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹399 Cr

Mar 2023₹456 Cr

Jun 2023₹335 Cr

Sep 2023₹401 Cr

Dec 2023₹371 Cr

Mar 2024₹424 Cr

Jun 2024₹360 Cr

Sep 2024₹384 Cr

Dec 2024₹366 Cr

Mar 2025₹515 Cr

Jun 2025₹388 Cr

Sep 2025₹407 Cr

Dec 2025₹462 Cr

Mar 2026₹538 Cr

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021₹403 Cr

Dec 2021₹404 Cr

Mar 2022₹410 Cr

Jun 2022₹397 Cr

Sep 2022₹416 Cr

Dec 2022₹458 Cr

Mar 2023₹536 Cr

Jun 2023₹429 Cr

Sep 2023₹463 Cr

Dec 2023₹439 Cr

Mar 2024₹549 Cr

Jun 2024₹401 Cr

Sep 2024₹493 Cr

Dec 2024₹452 Cr

Mar 2025₹581 Cr

Jun 2025₹422 Cr

Sep 2025₹488 Cr

Dec 2025₹499 Cr

Mar 2026₹645 Cr

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹713 Cr

Mar 2023₹768 Cr

Jun 2023₹623 Cr

Sep 2023₹693 Cr

Dec 2023₹693 Cr

Mar 2024₹772 Cr

Jun 2024₹600 Cr

Sep 2024₹630 Cr

Dec 2024₹594 Cr

Mar 2025₹699 Cr

Jun 2025₹531 Cr

Sep 2025₹676 Cr

Dec 2025₹640 Cr

Mar 2026₹663 Cr

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021₹974 Cr

Dec 2021₹1.1K Cr

Mar 2022₹1.1K Cr

Jun 2022₹1.0K Cr

Sep 2022₹1.1K Cr

Dec 2022₹1.1K Cr

Mar 2023₹1.2K Cr

Jun 2023₹1.1K Cr

Sep 2023₹1.1K Cr

Dec 2023₹1.2K Cr

Mar 2024₹1.2K Cr

Jun 2024₹1.1K Cr

Sep 2024₹1.2K Cr

Dec 2024₹1.2K Cr

Mar 2025₹1.2K Cr

Jun 2025₹1.1K Cr

Sep 2025₹1.2K Cr

Dec 2025₹1.2K Cr

Mar 2026₹1.4K Cr

Jun 2026₹1.3K Cr

Nitco Ltd · NITCO

Sep 2021₹90 Cr

Dec 2021₹120 Cr

Mar 2022₹123 Cr

Jun 2022₹91 Cr

Sep 2022₹74 Cr

Dec 2022₹113 Cr

Mar 2023₹106 Cr

Jun 2023₹92 Cr

Sep 2023₹81 Cr

Dec 2023₹80 Cr

Mar 2024₹72 Cr

Jun 2024₹70 Cr

Sep 2024₹66 Cr

Dec 2024₹85 Cr

Mar 2025₹94 Cr

Jun 2025₹150 Cr

Sep 2025₹108 Cr

Dec 2025₹132 Cr

Mar 2026₹152 Cr

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹622 Cr

Mar 2023₹679 Cr

Jun 2023₹587 Cr

Sep 2023₹655 Cr

Dec 2023₹612 Cr

Mar 2024₹738 Cr

Jun 2024₹579 Cr

Sep 2024₹666 Cr

Dec 2024₹645 Cr

Mar 2025₹769 Cr

Jun 2025₹604 Cr

Sep 2025₹685 Cr

Dec 2025₹682 Cr

Mar 2026₹818 Cr

Jun 2026—

Revenue growth · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-7.0%

Mar 2024-7.0%

Jun 20247.5%

Sep 2024-4.2%

Dec 2024-1.4%

Mar 202521%

Jun 20257.8%

Sep 20256.0%

Dec 202526%

Mar 20264.5%

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202274%

Sep 20223.2%

Dec 202213%

Mar 202331%

Jun 20238.1%

Sep 202311%

Dec 2023-4.2%

Mar 20242.4%

Jun 2024-6.5%

Sep 20246.5%

Dec 20243.0%

Mar 20255.8%

Jun 20255.2%

Sep 2025-1.0%

Dec 202510%

Mar 202611%

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-2.7%

Mar 20240.5%

Jun 2024-3.7%

Sep 2024-9.1%

Dec 2024-14%

Mar 2025-9.5%

Jun 2025-12%

Sep 20257.3%

Dec 20257.7%

Mar 2026-5.2%

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202279%

Sep 202211%

Dec 20222.2%

Mar 20239.4%

Jun 20235.6%

Sep 20234.1%

Dec 20235.6%

Mar 20240.3%

Jun 20243.0%

Sep 20245.1%

Dec 20240.4%

Mar 20251.2%

Jun 20250.6%

Sep 20250.6%

Dec 20251.0%

Mar 202612%

Jun 202620%

Nitco Ltd · NITCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 202214%

Sep 2022-18%

Dec 2022-5.8%

Mar 2023-14%

Jun 20231.6%

Sep 20238.8%

Dec 2023-29%

Mar 2024-32%

Jun 2024-24%

Sep 2024-18%

Dec 20245.1%

Mar 202530%

Jun 2025114%

Sep 202563%

Dec 202556%

Mar 202663%

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-1.6%

Mar 20248.7%

Jun 2024-1.4%

Sep 20241.7%

Dec 20245.4%

Mar 20254.2%

Jun 20254.3%

Sep 20252.9%

Dec 20255.7%

Mar 20266.4%

Jun 2026—

07 · compare level, then change

Operating Economics & Margin Trend

Kajaria Ceramics Ltd has the highest OPM among the 6 Ceramics/Tiles/Sanitaryware companies compared here, at 20%. Cera Sanitaryware Ltd is next at 13.9%. Nitco Ltd has the highest Margin change at +3.3 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Kajaria Ceramics Ltd leads opm at 20%; Nitco Ltd leads margin change at +3.3 percentage points.

LeaderKajaria Ceramics Ltd · 20%

Gap43.9% versus #2 · Cera Sanitaryware Ltd

Persistence5/8 recent comparable periods

Coverage6/6 companies · 115 observations

Investor read: Kajaria Ceramics Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

OPMhighest

1Kajaria Ceramics Ltd KAJARIACER20%

2Cera Sanitaryware Ltd CERA14%

3Somany Ceramics Ltd SOMANYCERA⚠ unverified11%

4Hindware Home Innovation Ltd HINDWAREAP⚠ unverified7.0%

5Nitco Ltd NITCO-3.2%

Margin changefastest expanders

1Nitco Ltd NITCO+3.3 pp

2Kajaria Ceramics Ltd KAJARIACER+3.0 pp

3Somany Ceramics Ltd SOMANYCERA⚠ unverified+3.0 pp

4Hindware Home Innovation Ltd HINDWAREAP⚠ unverified+1.0 pp

5Cera Sanitaryware Ltd CERA−5.1 pp

Operating margin · company comparison

6/6 level · 6/6 change

All-company data · latest reported quarter

Company	OPM	Margin change	Reported
Kajaria Ceramics Ltd KAJARIACER	20%	+3.0 pp	Jun 2026
Cera Sanitaryware Ltd CERA	14%	−5.1 pp	Mar 2026
Somany Ceramics Ltd SOMANYCERA⚠ unverified	11%	+3.0 pp	Mar 2026
Hindware Home Innovation Ltd HINDWAREAP⚠ unverified	7.0%	+1.0 pp	Mar 2026
Nitco Ltd NITCO	-3.2%	+3.3 pp	Mar 2026
Asian Granito India Ltd ASIANTILES⚠ unverified	-3.9%	−6.9 pp	Mar 2026

Full 20-quarter history · every available company

OPM · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 20218.9%

Dec 20218.5%

Mar 20226.1%

Jun 20221.7%

Sep 2022-0.2%

Dec 2022-7.0%

Mar 2023-10%

Jun 20232.9%

Sep 20235.0%

Dec 20230.4%

Mar 20244.7%

Jun 20244.4%

Sep 20243.8%

Dec 20243.6%

Mar 20253.0%

Jun 20256.0%

Sep 20259.0%

Dec 202510%

Mar 2026-3.9%

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 202115%

Dec 202116%

Mar 202219%

Jun 202216%

Sep 202216%

Dec 202216%

Mar 202317%

Jun 202316%

Sep 202317%

Dec 202314%

Mar 202417%

Jun 202414%

Sep 202415%

Dec 202414%

Mar 202519%

Jun 202513%

Sep 202512%

Dec 20258.3%

Mar 202614%

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 20218.0%

Dec 20218.2%

Mar 20229.0%

Jun 20228.6%

Sep 20227.8%

Dec 20227.0%

Mar 202311%

Jun 202310%

Sep 202311%

Dec 20237.0%

Mar 202410%

Jun 20247.0%

Sep 20244.7%

Dec 20245.0%

Mar 20256.0%

Jun 20259.0%

Sep 20258.0%

Dec 20258.0%

Mar 20267.0%

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 202119%

Dec 202117%

Mar 202215%

Jun 202215%

Sep 202212%

Dec 202212%

Mar 202315%

Jun 202316%

Sep 202316%

Dec 202316%

Mar 202414%

Jun 202415%

Sep 202413%

Dec 202413%

Mar 202511%

Jun 202517%

Sep 202518%

Dec 202517%

Mar 202619%

Jun 202620%

Nitco Ltd · NITCO

Sep 2021-9.8%

Dec 2021-5.5%

Mar 2022-12%

Jun 2022-8.1%

Sep 2022-16%

Dec 2022-2.0%

Mar 2023-15%

Jun 2023-5.4%

Sep 2023-2.7%

Dec 2023-18%

Mar 2024-30%

Jun 2024-15%

Sep 2024-19%

Dec 2024-5.9%

Mar 2025-6.6%

Jun 202533%

Sep 2025-13%

Dec 2025-4.6%

Mar 2026-3.2%

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 202112%

Dec 202111%

Mar 20228.2%

Jun 20228.0%

Sep 20226.8%

Dec 20227.0%

Mar 20239.0%

Jun 20239.0%

Sep 202310%

Dec 202310%

Mar 202411%

Jun 20248.0%

Sep 20248.0%

Dec 20248.0%

Mar 20258.0%

Jun 20258.0%

Sep 20258.0%

Dec 20259.0%

Mar 202611%

Jun 2026—

Margin change · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021−3.1 pp

Dec 2021−4.4 pp

Mar 2022−3.4 pp

Jun 2022−7.4 pp

Sep 2022−9.1 pp

Dec 2022−15.5 pp

Mar 2023−16.1 pp

Jun 2023+1.2 pp

Sep 2023+5.2 pp

Dec 2023+7.4 pp

Mar 2024+14.7 pp

Jun 2024+1.5 pp

Sep 2024−1.2 pp

Dec 2024+3.2 pp

Mar 2025−1.7 pp

Jun 2025+1.6 pp

Sep 2025+5.2 pp

Dec 2025+6.4 pp

Mar 2026−6.9 pp

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021+2.5 pp

Dec 2021+2.8 pp

Mar 2022+3.3 pp

Jun 2022+6.5 pp

Sep 2022+0.8 pp

Dec 2022−0.5 pp

Mar 2023−2.2 pp

Jun 20230.0 pp

Sep 2023+1.0 pp

Dec 2023−2.0 pp

Mar 20240.0 pp

Jun 2024−2.0 pp

Sep 2024−2.0 pp

Dec 20240.0 pp

Mar 2025+2.0 pp

Jun 2025−1.0 pp

Sep 2025−3.3 pp

Dec 2025−5.7 pp

Mar 2026−5.1 pp

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021−1.4 pp

Dec 2021−1.9 pp

Mar 2022−1.5 pp

Jun 2022+5.6 pp

Sep 2022−0.2 pp

Dec 2022−1.2 pp

Mar 2023+2.0 pp

Jun 2023+1.4 pp

Sep 2023+3.2 pp

Dec 2023+0.0 pp

Mar 2024−1.0 pp

Jun 2024−3.0 pp

Sep 2024−6.3 pp

Dec 2024−2.0 pp

Mar 2025−4.0 pp

Jun 2025+2.0 pp

Sep 2025+3.3 pp

Dec 2025+3.0 pp

Mar 2026+1.0 pp

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021−1.6 pp

Dec 2021−4.5 pp

Mar 2022−5.0 pp

Jun 2022+0.9 pp

Sep 2022−6.5 pp

Dec 2022−5.2 pp

Mar 2023−0.1 pp

Jun 2023+0.8 pp

Sep 2023+4.0 pp

Dec 2023+4.0 pp

Mar 2024−1.0 pp

Jun 2024−1.0 pp

Sep 2024−3.0 pp

Dec 2024−3.0 pp

Mar 2025−3.0 pp

Jun 2025+2.0 pp

Sep 2025+5.0 pp

Dec 2025+4.0 pp

Mar 2026+8.0 pp

Jun 2026+3.0 pp

Nitco Ltd · NITCO

Sep 2021+4.0 pp

Dec 2021−1.7 pp

Mar 2022+7.2 pp

Jun 2022+4.0 pp

Sep 2022−5.7 pp

Dec 2022+3.5 pp

Mar 2023−3.5 pp

Jun 2023+2.7 pp

Sep 2023+12.8 pp

Dec 2023−15.6 pp

Mar 2024−14.8 pp

Jun 2024−10.0 pp

Sep 2024−16.7 pp

Dec 2024+11.6 pp

Mar 2025+23.5 pp

Jun 2025+48.4 pp

Sep 2025+6.6 pp

Dec 2025+1.4 pp

Mar 2026+3.3 pp

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021+0.5 pp

Dec 2021−1.8 pp

Mar 2022−7.6 pp

Jun 2022+1.0 pp

Sep 2022−5.3 pp

Dec 2022−4.0 pp

Mar 2023+0.8 pp

Jun 2023+1.0 pp

Sep 2023+3.2 pp

Dec 2023+3.0 pp

Mar 2024+2.0 pp

Jun 2024−1.0 pp

Sep 2024−2.0 pp

Dec 2024−2.0 pp

Mar 2025−3.0 pp

Jun 20250.0 pp

Sep 20250.0 pp

Dec 2025+1.0 pp

Mar 2026+3.0 pp

Jun 2026—

08 · compare level, then change

Profit Scale & Acceleration

Kajaria Ceramics Ltd has the highest Net profit among the 6 Ceramics/Tiles/Sanitaryware companies compared here, at ₹548 crore. Cera Sanitaryware Ltd is next at ₹248 crore. The same company also holds the highest Profit growth, at 72.3%. 6 of 6 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Kajaria Ceramics Ltd leads with ₹548 crore of TTM profit, 121% above Cera Sanitaryware Ltd. Kajaria Ceramics Ltd shows 72.3% growth from a ₹548 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderKajaria Ceramics Ltd · ₹548 crore

Gap121% versus #2 · Cera Sanitaryware Ltd

Persistence5/8 recent comparable periods

Coverage6/6 companies · 100 observations

Investor read: Kajaria Ceramics Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profitlargest

1Kajaria Ceramics Ltd KAJARIACER₹548 Cr

2Cera Sanitaryware Ltd CERA₹248 Cr

3Somany Ceramics Ltd SOMANYCERA⚠ unverified₹73 Cr

4Nitco Ltd NITCO₹29 Cr

5Asian Granito India Ltd ASIANTILES⚠ unverified₹10 Cr

Profit growthfastest growers

1Kajaria Ceramics Ltd KAJARIACER72%

2Somany Ceramics Ltd SOMANYCERA⚠ unverified26%

3Cera Sanitaryware Ltd CERA6.9%

Net profit · company comparison

6/6 level · 3/6 change

All-company data · latest reported quarter

Company	Net profit	Profit growth	Reported
Kajaria Ceramics Ltd KAJARIACER	₹171 Cr	55%	Jun 2026
Cera Sanitaryware Ltd CERA	₹77 Cr	-10%	Mar 2026
Somany Ceramics Ltd SOMANYCERA⚠ unverified	₹37 Cr	95%	Mar 2026
Nitco Ltd NITCO	₹-8 Cr	—	Mar 2026
Hindware Home Innovation Ltd HINDWAREAP⚠ unverified	₹-19 Cr	-1,133%	Mar 2026
Asian Granito India Ltd ASIANTILES⚠ unverified	₹-33 Cr	240%	Mar 2026

Full 20-quarter history · every available company

Net profit · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹-27 Cr

Mar 2023₹-48 Cr

Jun 2023₹-4 Cr

Sep 2023₹-3 Cr

Dec 2023₹-8 Cr

Mar 2024₹-5 Cr

Jun 2024₹-2 Cr

Sep 2024₹5 Cr

Dec 2024₹-4 Cr

Mar 2025₹-5 Cr

Jun 2025₹7 Cr

Sep 2025₹17 Cr

Dec 2025₹19 Cr

Mar 2026₹-33 Cr

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021₹43 Cr

Dec 2021₹43 Cr

Mar 2022₹53 Cr

Jun 2022₹40 Cr

Sep 2022₹51 Cr

Dec 2022₹57 Cr

Mar 2023₹63 Cr

Jun 2023₹57 Cr

Sep 2023₹57 Cr

Dec 2023₹52 Cr

Mar 2024₹76 Cr

Jun 2024₹47 Cr

Sep 2024₹69 Cr

Dec 2024₹46 Cr

Mar 2025₹86 Cr

Jun 2025₹47 Cr

Sep 2025₹57 Cr

Dec 2025₹24 Cr

Mar 2026₹77 Cr

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹8 Cr

Mar 2023₹23 Cr

Jun 2023₹1 Cr

Sep 2023₹20 Cr

Dec 2023₹5 Cr

Mar 2024₹3 Cr

Jun 2024₹-4 Cr

Sep 2024₹-16 Cr

Dec 2024₹-18 Cr

Mar 2025₹-31 Cr

Jun 2025₹-29 Cr

Sep 2025₹5 Cr

Dec 2025₹4 Cr

Mar 2026₹-19 Cr

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021₹119 Cr

Dec 2021₹125 Cr

Mar 2022₹97 Cr

Jun 2022₹93 Cr

Sep 2022₹69 Cr

Dec 2022₹74 Cr

Mar 2023₹111 Cr

Jun 2023₹109 Cr

Sep 2023₹111 Cr

Dec 2023₹108 Cr

Mar 2024₹104 Cr

Jun 2024₹92 Cr

Sep 2024₹86 Cr

Dec 2024₹79 Cr

Mar 2025₹43 Cr

Jun 2025₹110 Cr

Sep 2025₹134 Cr

Dec 2025₹86 Cr

Mar 2026₹157 Cr

Jun 2026₹171 Cr

Nitco Ltd · NITCO

Sep 2021₹-27 Cr

Dec 2021₹-31 Cr

Mar 2022₹-37 Cr

Jun 2022₹-39 Cr

Sep 2022₹-36 Cr

Dec 2022₹-34 Cr

Mar 2023₹-42 Cr

Jun 2023₹-33 Cr

Sep 2023₹-32 Cr

Dec 2023₹-45 Cr

Mar 2024₹-53 Cr

Jun 2024₹-44 Cr

Sep 2024₹-35 Cr

Dec 2024₹-660 Cr

Mar 2025₹-3 Cr

Jun 2025₹47 Cr

Sep 2025₹1 Cr

Dec 2025₹-12 Cr

Mar 2026₹-8 Cr

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022₹11 Cr

Mar 2023₹24 Cr

Jun 2023₹13 Cr

Sep 2023₹30 Cr

Dec 2023₹23 Cr

Mar 2024₹34 Cr

Jun 2024₹12 Cr

Sep 2024₹17 Cr

Dec 2024₹10 Cr

Mar 2025₹19 Cr

Jun 2025₹7 Cr

Sep 2025₹12 Cr

Dec 2025₹17 Cr

Mar 2026₹37 Cr

Jun 2026—

Profit growth · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025240%

Dec 2025—

Mar 2026—

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022233%

Sep 202219%

Dec 202233%

Mar 202319%

Jun 202343%

Sep 202312%

Dec 2023-8.8%

Mar 202421%

Jun 2024-18%

Sep 202421%

Dec 2024-12%

Mar 202513%

Jun 20250.0%

Sep 2025-17%

Dec 2025-48%

Mar 2026-10%

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023-36%

Mar 2024-87%

Jun 2024-500%

Sep 2024-180%

Dec 2024-460%

Mar 2025-1,133%

Jun 2025—

Sep 2025—

Dec 2025—

Mar 2026—

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022127%

Sep 2022-42%

Dec 2022-41%

Mar 202314%

Jun 202317%

Sep 202361%

Dec 202346%

Mar 2024-6.3%

Jun 2024-16%

Sep 2024-23%

Dec 2024-27%

Mar 2025-59%

Jun 202520%

Sep 202556%

Dec 20258.9%

Mar 2026265%

Jun 202655%

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023109%

Mar 202442%

Jun 2024-7.7%

Sep 2024-43%

Dec 2024-57%

Mar 2025-44%

Jun 2025-42%

Sep 2025-29%

Dec 202570%

Mar 202695%

Jun 2026—

09 · compare level, then change

Return On Capital Employed

Kajaria Ceramics Ltd has the highest ROCE among the 6 Ceramics/Tiles/Sanitaryware companies compared here, at 23.3%. Cera Sanitaryware Ltd is next at 22.4%. Nitco Ltd has the highest ROCE change at +13.2 percentage points, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Kajaria Ceramics Ltd leads ROCE at 23.3%, 0.9 percentage points above Cera Sanitaryware Ltd. Nitco Ltd has the strongest latest improvement at +13.2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderKajaria Ceramics Ltd · 23.3%

Gap4% versus #2 · Cera Sanitaryware Ltd

Persistence3/8 recent comparable periods

Coverage6/6 companies · 90 observations

Investor read: Kajaria Ceramics Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

ROCEhighest

1Kajaria Ceramics Ltd KAJARIACER23%

2Cera Sanitaryware Ltd CERA22%

3Somany Ceramics Ltd SOMANYCERA⚠ unverified13%

4Hindware Home Innovation Ltd HINDWAREAP⚠ unverified7.1%

5Nitco Ltd NITCO7.1%

ROCE changefastest improvers

1Nitco Ltd NITCO+13.2 pp

2Kajaria Ceramics Ltd KAJARIACER+6.0 pp

3Hindware Home Innovation Ltd HINDWAREAP⚠ unverified+5.2 pp

4Somany Ceramics Ltd SOMANYCERA⚠ unverified+0.6 pp

5Asian Granito India Ltd ASIANTILES⚠ unverified0.0 pp

Return on capital · company comparison

6/6 level · 6/6 change

All-company data · latest reported quarter

Company	ROCE	ROCE change	Reported
Kajaria Ceramics Ltd KAJARIACER	21%	+6.0 pp	Jun 2026
Cera Sanitaryware Ltd CERA	15%	−2.9 pp	Mar 2026
Somany Ceramics Ltd SOMANYCERA⚠ unverified	12%	+0.6 pp	Mar 2026
Hindware Home Innovation Ltd HINDWAREAP⚠ unverified	9.6%	+5.2 pp	Mar 2026
Nitco Ltd NITCO	4.1%	+13.2 pp	Mar 2026
Asian Granito India Ltd ASIANTILES⚠ unverified	1.5%	0.0 pp	Mar 2026

Full 20-quarter history · every available company

ROCE · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 202114%

Dec 2021—

Mar 20228.3%

Jun 2022—

Sep 20222.4%

Dec 2022—

Mar 2023-7.6%

Jun 2023—

Sep 2023-6.0%

Dec 2023-3.0%

Mar 20240.3%

Jun 20241.0%

Sep 20240.1%

Dec 20241.2%

Mar 20251.5%

Jun 20251.8%

Sep 20253.2%

Dec 20255.5%

Mar 20261.5%

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 202115%

Dec 2021—

Mar 202218%

Jun 2022—

Sep 202221%

Dec 2022—

Mar 202321%

Jun 202326%

Sep 202321%

Dec 202325%

Mar 202418%

Jun 202423%

Sep 202418%

Dec 202423%

Mar 202518%

Jun 202522%

Sep 202517%

Dec 2025—

Mar 202615%

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 202128%

Dec 2021—

Mar 202221%

Jun 2022—

Sep 202217%

Dec 2022—

Mar 202315%

Jun 2023—

Sep 202316%

Dec 202316%

Mar 202413%

Jun 202412%

Sep 20245.3%

Dec 20246.5%

Mar 20254.4%

Jun 2025-1.0%

Sep 20256.7%

Dec 20252.2%

Mar 20269.6%

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 202124%

Dec 2021—

Mar 202221%

Jun 2022—

Sep 202220%

Dec 2022—

Mar 202318%

Jun 2023—

Sep 202319%

Dec 202323%

Mar 202422%

Jun 202421%

Sep 202413%

Dec 202418%

Mar 202515%

Jun 202516%

Sep 202516%

Dec 202518%

Mar 202621%

Jun 2026—

Nitco Ltd · NITCO

Sep 2021-41%

Dec 2021—

Mar 2022511%

Jun 2022—

Sep 202277%

Dec 2022—

Mar 202340%

Jun 2023—

Sep 202322%

Dec 2023-34%

Mar 202421%

Jun 2024-40%

Sep 202422%

Dec 2024-382%

Mar 2025-9.1%

Jun 2025-171%

Sep 20254.2%

Dec 202512%

Mar 20264.1%

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 202118%

Dec 2021—

Mar 202213%

Jun 2022—

Sep 202212%

Dec 2022—

Mar 202311%

Jun 2023—

Sep 202313%

Dec 202314%

Mar 202416%

Jun 202416%

Sep 202415%

Dec 202414%

Mar 202512%

Jun 202511%

Sep 202510%

Dec 202511%

Mar 202612%

Jun 2026—

ROCE change · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−11.5 pp

Dec 2022—

Mar 2023−15.9 pp

Jun 2023—

Sep 2023−8.4 pp

Dec 2023—

Mar 2024+7.9 pp

Jun 2024—

Sep 2024+6.1 pp

Dec 2024+4.2 pp

Mar 2025+1.2 pp

Jun 2025+0.8 pp

Sep 2025+3.1 pp

Dec 2025+4.3 pp

Mar 20260.0 pp

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+6.4 pp

Dec 2022—

Mar 2023+3.3 pp

Jun 2023—

Sep 2023−0.2 pp

Dec 2023—

Mar 2024−2.7 pp

Jun 2024−3.3 pp

Sep 2024−3.0 pp

Dec 2024−1.9 pp

Mar 2025−0.6 pp

Jun 2025−1.0 pp

Sep 2025−1.4 pp

Dec 2025—

Mar 2026−2.9 pp

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−11.2 pp

Dec 2022—

Mar 2023−5.5 pp

Jun 2023—

Sep 2023−1.4 pp

Dec 2023—

Mar 2024−1.7 pp

Jun 2024—

Sep 2024−10.3 pp

Dec 2024−9.3 pp

Mar 2025−8.9 pp

Jun 2025−12.9 pp

Sep 2025+1.4 pp

Dec 2025−4.3 pp

Mar 2026+5.2 pp

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−3.5 pp

Dec 2022—

Mar 2023−3.5 pp

Jun 2023—

Sep 2023−1.2 pp

Dec 2023—

Mar 2024+4.0 pp

Jun 2024—

Sep 2024−6.3 pp

Dec 2024−4.7 pp

Mar 2025−7.1 pp

Jun 2025−4.9 pp

Sep 2025+3.3 pp

Dec 2025−0.1 pp

Mar 2026+6.0 pp

Jun 2026—

Nitco Ltd · NITCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022+117.7 pp

Dec 2022—

Mar 2023−471.0 pp

Jun 2023—

Sep 2023−55.0 pp

Dec 2023—

Mar 2024−19.3 pp

Jun 2024—

Sep 2024−0.1 pp

Dec 2024−348.2 pp

Mar 2025−29.7 pp

Jun 2025−130.6 pp

Sep 2025−17.6 pp

Dec 2025+393.9 pp

Mar 2026+13.2 pp

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022−5.5 pp

Dec 2022—

Mar 2023−1.9 pp

Jun 2023—

Sep 2023+0.4 pp

Dec 2023—

Mar 2024+5.0 pp

Jun 2024—

Sep 2024+1.9 pp

Dec 2024−0.5 pp

Mar 2025−4.3 pp

Jun 2025−5.0 pp

Sep 2025−4.4 pp

Dec 2025−2.5 pp

Mar 2026+0.6 pp

Jun 2026—

10 · compare level, then change

Valuation Against Growth & Quality

Kajaria Ceramics Ltd has the lowest PEG among the 6 Ceramics/Tiles/Sanitaryware companies compared here, at 2×. Cera Sanitaryware Ltd is next at 4.07×. Somany Ceramics Ltd has the lowest P/E at 24×, so level and change sit with different companies. 2 of 6 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Kajaria Ceramics Ltd has the lowest comparable PEG at 2×, 50.9% below Cera Sanitaryware Ltd. Only 2 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderKajaria Ceramics Ltd · 2×

Gap50.9% versus #2 · Cera Sanitaryware Ltd

Persistence0/8 recent comparable periods

Coverage2/6 companies · 21 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

PEGlowest PEG

1Kajaria Ceramics Ltd KAJARIACER2.0

2Cera Sanitaryware Ltd CERA4.1

P/Elowest P/E

1Somany Ceramics Ltd SOMANYCERA⚠ unverified24.0

2Cera Sanitaryware Ltd CERA32.0

3Kajaria Ceramics Ltd KAJARIACER32.7

4Asian Granito India Ltd ASIANTILES⚠ unverified77.7

5Nitco Ltd NITCO78.7

Valuation · company comparison

2/6 level · 6/6 change

All-company data · latest reported quarter

Company	PEG	P/E	Reported
Cera Sanitaryware Ltd CERA	4.1	24.2	Mar 2026
Kajaria Ceramics Ltd KAJARIACER	2.0	36.6	Jun 2026
Nitco Ltd NITCO	—	53.6	Mar 2026
Somany Ceramics Ltd SOMANYCERA⚠ unverified	—	23.7	Mar 2026
Hindware Home Innovation Ltd HINDWAREAP⚠ unverified	—	78.9	Mar 2026
Asian Granito India Ltd ASIANTILES⚠ unverified	—	31.9	Mar 2026

Full 20-quarter history · every available company

PEG · reported quarter history

Cera Sanitaryware Ltd · CERA

Sep 20213.1

Dec 20211.1

Mar 20220.8

Jun 20220.6

Sep 2022—

Dec 20220.8

Mar 20231.0

Jun 20231.3

Sep 20231.8

Dec 20231.8

Mar 20242.8

Jun 20243.7

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025—

Sep 20254.1

Dec 2025—

Mar 2026—

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 20211.7

Dec 2021—

Mar 2022—

Jun 20221.7

Sep 20223.6

Dec 2022—

Mar 20233.9

Jun 2023—

Sep 2023—

Dec 20231.3

Mar 20241.5

Jun 20242.5

Sep 20244.5

Dec 2024—

Mar 2025—

Jun 2025—

Sep 2025—

Dec 2025—

Mar 20262.0

Jun 2026—

P/E · reported quarter history

Asian Granito India Ltd · ASIANTILES⚠ unverified

Sep 202118.7

Dec 202112.1

Mar 20229.8

Jun 20226.3

Sep 20228.7

Dec 202226.1

Mar 202322.9

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024-114.6

Sep 2024-4,969.5

Dec 2024157.9

Mar 202523.0

Jun 202528.3

Sep 2025129.0

Dec 2025119.2

Mar 202631.9

Jun 2026—

Cera Sanitaryware Ltd · CERA

Sep 202157.2

Dec 202147.7

Mar 202243.1

Jun 202234.1

Sep 202238.8

Dec 202235.6

Mar 202340.9

Jun 202346.9

Sep 202348.2

Dec 202343.0

Mar 202438.1

Jun 202447.2

Sep 202445.8

Dec 202438.8

Mar 202531.0

Jun 202535.7

Sep 202532.2

Dec 202527.0

Mar 202624.2

Jun 2026—

Hindware Home Innovation Ltd · HINDWAREAP⚠ unverified

Sep 202138.7

Dec 202136.7

Mar 202231.9

Jun 202221.9

Sep 202228.2

Dec 202235.3

Mar 202339.2

Jun 202375.5

Sep 202391.3

Dec 202375.5

Mar 202459.2

Jun 202486.3

Sep 202472.3

Dec 202465.8

Mar 2025—

Jun 2025—

Sep 2025-37.9

Dec 2025-43.3

Mar 202678.9

Jun 2026—

Kajaria Ceramics Ltd · KAJARIACER

Sep 202152.2

Dec 202150.6

Mar 202238.5

Jun 202238.8

Sep 202244.8

Dec 202248.3

Mar 202350.1

Jun 202357.2

Sep 202357.6

Dec 202351.7

Mar 202442.7

Jun 202452.8

Sep 202457.0

Dec 202445.8

Mar 202537.2

Jun 202551.6

Sep 202553.5

Dec 202538.7

Mar 202635.0

Jun 202636.6

Nitco Ltd · NITCO

Sep 2021—

Dec 2021—

Mar 2022—

Jun 2022—

Sep 2022—

Dec 2022—

Mar 2023—

Jun 2023—

Sep 2023—

Dec 2023—

Mar 2024—

Jun 2024—

Sep 2024—

Dec 2024—

Mar 2025—

Jun 2025-5.2

Sep 2025-4.4

Dec 2025—

Mar 202653.6

Jun 2026—

Somany Ceramics Ltd · SOMANYCERA⚠ unverified

Sep 202131.9

Dec 202132.9

Mar 202224.2

Jun 202226.5

Sep 202222.1

Dec 202223.5

Mar 202331.7

Jun 202341.5

Sep 202341.8

Dec 202336.3

Mar 202426.3

Jun 202435.8

Sep 202431.9

Dec 202433.5

Mar 202525.1

Jun 202538.3

Sep 202531.3

Dec 202529.6

Mar 202623.7

Jun 2026—

11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Ceramics/Tiles/Sanitaryware comparison names 6 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 1 of the 5 ranked sections has fewer than three usable current readings.

Keep these limits visible

A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
Thin comparisons: Valuation have fewer than three usable current readings.

12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 6 Ceramics/Tiles/Sanitaryware companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company

Market dataThrough 2026-07-31 · weekly price and relative-strength history

Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.

Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.

Source standing3 cross-checked · 3 unverified · 0 withheld, of 6 graded companies.

How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Ceramics/Tiles/Sanitaryware company comparison FAQs

These 24 answers restate the Ceramics/Tiles/Sanitaryware comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the Ceramics/Tiles/Sanitaryware sector outperforming NIFTY 500?

Which Ceramics/Tiles/Sanitaryware company is largest by revenue?

Kajaria Ceramics Ltd leads with revenue of ₹5,055 crore, based on 6 of 6 comparable companies through Jun 2026.

Which Ceramics/Tiles/Sanitaryware company is growing fastest?

Nitco Ltd has the fastest current revenue growth at 72.4%, across 6 of 6 comparable companies.

Which Ceramics/Tiles/Sanitaryware company has the strongest 4-Factor Sector Score?

Kajaria Ceramics Ltd ranks first at 69.6/100 with 100% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Ceramics/Tiles/Sanitaryware company has the lowest comparable PEG?

Kajaria Ceramics Ltd has the lowest comparable PEG at 2, among 2 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Ceramics/Tiles/Sanitaryware comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty Ceramics/Tiles/Sanitaryware index?

The Nifty Ceramics/Tiles/Sanitaryware index tracks India's listed Ceramics/Tiles/Sanitaryware companies as a single basket. This page follows the same 6 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Ceramics/Tiles/Sanitaryware sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Ceramics/Tiles/Sanitaryware stocks in India?

Ranked by this page's four-factor score, Kajaria Ceramics Ltd places first among 6 listed Ceramics/Tiles/Sanitaryware companies, followed by Somany Ceramics Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Ceramics/Tiles/Sanitaryware stocks are listed in India?

This comparison covers 6 listed Ceramics/Tiles/Sanitaryware companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Ceramics/Tiles/Sanitaryware company is the biggest?

Kajaria Ceramics Ltd is the largest, with trailing-twelve-month revenue of ₹5,055 crore, ahead of Somany Ceramics Ltd at ₹2,789 crore. That covers 6 of 6 companies with comparable reporting through Jun 2026.

Which Ceramics/Tiles/Sanitaryware company has the best profit margins?

Kajaria Ceramics Ltd has the highest operating margin at 20%, from 6 of 6 comparable companies. Nitco Ltd shows the biggest recent improvement, at +3.3 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Ceramics/Tiles/Sanitaryware company makes the most profit?

Kajaria Ceramics Ltd earns the most, at ₹548 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. Kajaria Ceramics Ltd has the fastest profit growth at 72.3%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Ceramics/Tiles/Sanitaryware company earns the highest return on capital?

Kajaria Ceramics Ltd leads on return on capital employed at 23.3%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Ceramics/Tiles/Sanitaryware stock is the cheapest?

On PEG — where a LOWER number is cheaper — Kajaria Ceramics Ltd screens cheapest at 2×. Only 2 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Ceramics/Tiles/Sanitaryware sector beating the market?

Ceramics/Tiles/Sanitaryware has underperformed NIFTY 500 by 6.7% over the last 52 weeks and 4.6% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Ceramics/Tiles/Sanitaryware stock has the strongest price momentum?

Nitco Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Ceramics/Tiles/Sanitaryware company scores highest for research priority?

Kajaria Ceramics Ltd scores 69.6 out of 100 with 100% evidence confidence, from 28.8 points on growth and earnings, 19.8 on capital efficiency, 9.7 on valuation and 11.3 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Ceramics/Tiles/Sanitaryware companies does this comparison cover, and over what period?

It compares 6 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Ceramics/Tiles/Sanitaryware sector?

The 6 Ceramics/Tiles/Sanitaryware companies on this page carry ₹34,789 crore of combined market value. Kajaria Ceramics Ltd is the largest at ₹18,830 crore, about 54% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

What is the Ceramics/Tiles/Sanitaryware sector's P/E ratio?

The median price-to-earnings ratio across the 6 Ceramics/Tiles/Sanitaryware companies on this page is 77.7×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-05.

How is the Ceramics/Tiles/Sanitaryware sector performing?

4 of the 6 covered Ceramics/Tiles/Sanitaryware companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 6.7% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.