Here is the updated list of top Tiles companies in India based on their market cap as on 2020. They are counted among the best tiles brand in the nation. We have listed made in India tiles that is not only used domestic but also export to other countries.
Red or white clay is the main component of ceramic tiles. The clay is burnt in a kiln and formed into ceramic tiles. Ceramic tiles find usage in floors, counter-tops, and walls. A special glaze covers the tile and also protects it. The tile becomes more durable and remains stain-free. The color and pattern of the tiles is also a result of this glaze.
Usage of ceramic tiles
Ceramic tiles are not unduly expensive. They are also aesthetically appealing. That’s the reason why they find wide usage in interior decoration and also in low-traffic areas. Some common areas where ceramic tiles are used are:
- Flooring – this is where ceramic tiles are used the most. Most residential buildings and office buildings, too, use them for flooring. These tiles are inexpensive, easy to maintain, and come in a variety of patterns.
- Walls – internal and external walls are also places where ceramic tiles are used extensively. Decorative patterns on internal walls make the room look lively and attractive. Ceramic tiles on external walls ensure a cooling effect as these tiles don’t absorb heat.
- Walkways – Ceramic tiles are used as a topping agent in garden pathways and parks. These make the paths look attractive and pleasing to the eyes of walkers.
- Patios – the lesser price of ceramic tiles as compared to stone are one of the primary reasons why the former are used in patios. These tiles come in a host of patterns and are also water-resistant. This makes them more in-demand in areas with wetter climates.
- Kitchen counters – kitchen tops tend to get dirty, so they need to have easy cleaning facility. That’s why ceramic tiles are an obvious choice for kitchen counters. They can be cleaned without difficulty and are also water resistant. But care should be taken so that they don’t chip away.
Advantages of ceramic tiles
- They are easy to maintain
- They are water resistant
- They are durable
- They don’t cause allergies
Ceramic Tiles Industry Overview in India
As in 2017, the ceramic tiles industry in India stands valued at Rs 250 billion. It is expected to have a CAGR of 13% and reach Rs 501 billion by 2023. Wall tiles make up more than 50% of the market share. The 2nd place is held by floor tiles with a market share of 23%. Industrial tiles and vitrified tiles make up the remaining share.
India is engaged in both import and export of ceramic tiles. The main import origins are Italy, Spain, and China. India exports ceramic tiles to several countries, main among them being Saudi Arabia and Mexico.
Some industry snapshots:
- India holds the second position in the world as far as ceramic tiles manufacturing is concerned. It accounts for 7% of the total tiles produced globally.
- A town in Gujarat named Morbi is the world’s 2nd largest tile manufacturing cluster. More than 90% of India’s ceramic tiles are produced here.
- Rising demand from many countries are set to give a positive thrust to India’s ceramic tiles production.
- Increased application of technology is helping to produce tiles with better quality, more varied designs, and higher durability.
There are 15 to 20 major players in the market that account for almost 40% of the market. The remaining market is unorganized, where smaller and regional players operate. 70% of the demand for ceramic tiles comes from the residential sector, while commercial establishments account for the rest.
List of Top Tiles Companies in India
Kajaria Ceramic
With 8 plants across 4 states, Kajaria Ceramics holds the top position among the manufacturers of ceramic tiles in India. Equipped with the latest technology including the application of robotics, the company ensures zero error in the processes. It has close to 3,000 options in ceramic tiles for every range of customer.
- Market Cap (Rs Cr.): 7,075.18
- Book Value (Rs): 108.83
- Face Value (RS): 1.00
- Turnover (Rs. In Lakhs): 280.00
Profit and loss (in Rs. Cr.)
- March 2020: 253.53
- March 2019: 228.75
- March 2018: 228.60
- March 2017: 253.81
CERA Sanitary
Since its inception in 1980, the company has been driven by the search for newer styles through continuous innovation. Helmed by a strong leadership, the company has emerged as among the leading players of ceramic products in India. Over the years, CERA has also launched HD digital wall tiles with matching floor tiles and has outgrown itself year on year.
- Market Cap (Rs Cr.): 3,269.35
- Book Value (Rs): 594.26
- Face Value (RS): 5.00
- Turnover (Rs. In Cr.): 153.00
Profit and loss (in Rs. Cr.)
- March 2020: 110.54
- March 2019: 115.10
- March 2018: 106.12
- March 2017: 100.14
HSIL
The origins of the company go back to 1960. It began as Hindustan Twyfords Ltd. and became HSIL in 2009. Today, the much-awarded company is among India’s top 500 companies. It has two exclusive plants manufacturing ceramic products with a combined annual capacity of more than 4 million pieces.
- Market Cap (Rs Cr.): 457.27
- Book Value (Rs): 173.85
- Face Value (RS): 2.00
- Turnover (Rs. In Cr.): 255.00
Profit and loss (in Rs. Cr.)
- March 2020: 48.42
- March 2019: 70.47
- March 2018: 74.76
- March 2017: 103.01
Somany Ceramics
For the last 50 years, Somany Ceramics is an established name in the Indian ceramics industry. It is a renowned ceramic tiles manufacturer of India. It also exports its products to several countries across Asia, Africa, and Europe. In its 60 million sq mt production space, the company manufactures ceramic wall and floor tiles, digital tiles, glazed vitrified tiles, and other products.
- Market Cap (Rs Cr.): 667.69
- Book Value (Rs): 137.74
- Face Value (RS): 2.00
- Turnover (Rs. In Cr): 171.00
Profit and loss (in Rs. Cr.)
- March 2020: 19.50
- March 2019: 53.25
- March 2018: 79.10
- March 2017: 115.03
Asian Granito
Ever since it began operations in 2000, Asian Granito India Ltd (AGL) has become one of the largest companies in its segment in India. With a presence in over 70 countries, the company has grown more than 40 times since birth. Led by a competent management team, the company operates more than 3,00,000 sq mt of production facility, manufacturing varieties of tiles.
- Market Cap (Rs Cr.): 833.27
- Book Value (Rs): 142.41
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 129.00
Profit and loss (in Rs. Cr.)
- March 2020: 43.51
- March 2019: 18.74
- March 2018: 54.36
- March 2017: 47.87
Pokarna
Founded in 1991, Pokarna is a premium manufacturer of finished granite and related products. It is also India’s largest exporter and among the top in Asia of granite products, shipping to more than 12 countries. It manufactures more than 75 varieties in its state-of-the-art manufacturing facilities. The company sources the best quality raw materials both from within India, and abroad.
- Market Cap (Rs Cr.): 412.82
- Book Value (Rs): 42.43
- Face Value (RS): 2.00
- Turnover (Rs. In Cr.): 90.00
Profit and loss (in Rs. Cr.)
- March 2020: 70.73
- March 2019: 80.68
- March 2018: 42.24
- March 2017: 70.26
Orientbell
The company has been at the forefront of providing tiling solutions to the Indian market since the 1970s. Today, it is among the largest of its kind in the country. With continuous innovation and a search for excellence in service, Orientbell produces a wide range of tiles of many colors and designs, suitable for both indoor and outdoor usage in domestic and commercial units.
- Market Cap (Rs Cr.): 140.03
- Book Value (Rs): 166.27
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 43.00
Profit and loss (in Rs. Cr.)
- March 2020: 6.83
- March 2019: 8.90
- March 2018: 40.05
- March 2017: 13.58
NITCO
Within the NITCO group, the NITCO Wall and Floor Tiles Division is into manufacturing of tiles. The company offers a vast range of tiles of various dimensions, numbering more than a thousand. All the designs are inspired by nature and are available in different types of finishes – wood, marble, natural, and many more. The company is also among the top exporter in its category. Its product reaches more than 40 countries globally.
- Market Cap (Rs Cr.): 133.66
- Book Value (Rs): 7.70
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 25.00
Profit and loss (in Rs. Cr.)
- March 2020: -72.20
- March 2019: -60.06
- March 2018: 184.76
- March 2017: -33.55
Divyashakti
The company was started in 1993. Ever since then, Divyashakti Granites has had a steady growth manufacturing granite and related products for the Indian and overseas markets. It has assumed a leadership position in its segment in the country. It sources raw material from within India and a number of other countries. Divyashakti applies the latest in manufacturing technology to produce its top-class products.
- Market Cap (Rs Cr.): 46.21
- Book Value (Rs): 104.37
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 9.00
Profit and loss (in Rs. Cr.)
- March 2020: 7.47
- March 2019: 5.15
- March 2018: 4.82
- March 2017: 9.48
Elegant Marble
The company began its journey in 1984 and is an established name today in the production of marble, granite, and tiles. Its hi-tech factory in Rajasthan produces the best quality marble and granite slabs, and tiles in a .5 million sq ft production facility. The company has been instrumental in providing superior quality products to its customers all the while.
- Market Cap (Rs Cr.): 24.34
- Book Value (Rs): 190.46
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 3.00
Profit and loss (in Rs. Cr.)
- March 2020: 1.47
- March 2019: 3.27
- March 2018: 4.37
- March 2017: 5.95
Aro Granite
Aro Granite began manufacturing activities in 1991. It produces exquisite tiles from a 3,60,000 sq mtrs manufacturing capacity. The entire manufacturing is done via the best-in-class imported machinery, operated by qualified and trained personnel. Aro Granite manufactures tiles of 6 types of finishes. For its single-minded focus on quality, the company has earned the trust of its ever-growing list of customers, both in India and abroad.
- Market Cap (Rs Cr.): 41.16
- Book Value (Rs): 118.62
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 28.00
Profit and loss (in Rs. Cr.)
- March 2020: 9.71
- March 2019: 1.17
- March 2018: 0.66
- March 2017: 12.62
Pacific Industries Ltd
Pacific Industries Ltd started production in 1989. Today, it has established itself as a top manufacturer of granite slabs and tiles. The company is also heavily into exports. It has 4 manufacturing facilities and has established its presence in 40 countries. The company’s constant focus is on producing durable, elegant, and cost-effective products that can add the maximum value to the customers. The company tolerates no compromise in manufacturing processes or customer service.
- Market Cap (Rs Cr.): 43.06
- Book Value (Rs): 260.27
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 24.00
Profit and loss (in Rs. Cr.)
- March 2020: 0.19
- March 2019: 1.30
- March 2018: 0.83
- March 2017: 0.34
Oriental Trimex
The ISO 9001:2000 certified Oriental Trimex began its journey 1996. The company sources the best quality marbles from countries like Italy, Spain, Turkey, etc. and processes them into excellent labs and tiles for the Indian market. Imported machineries employ the latest technology in the manufacturing process, ensuring the best output. It has a customer base running into many thousands and it’s still growing.
- Market Cap (Rs Cr.): 28.23
- Book Value (Rs): 28.18
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 32.00
Profit and loss (in Rs. Cr.)
- March 2020: 2.05
- March 2019: 0.81
- March 2018: 7.68
- March 2017: 0.72
Madhav Marbles
Since 1989, Madhav Marbles has been into production of top quality granite and marble. Today, it’s a reputed company in its field, into manufacturing and also exports. It sources the raw material from the granite-rich Salem area in Tamil Nadu & Udaipur (Rajasthan), and processes it with the help of the best imported machinery. The company has an installed capacity of 6,00,000 sq mtrs. Customer relationship maintenance is the main pillar that supports the continuous growth of the company.
- Market Cap (Rs Cr.): 22.28
- Book Value (Rs): 146.13
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 18.00
Profit and loss (in Rs. Cr.)
- March 2020: 2.18
- March 2019: 4.61
- March 2018: 1.80
- March 2017: 5.21
Solid Stone Company Ltd
Solid Stone Company Ltd is a top-level manufacturer of marbles and granite in India. It is one of the first among its peers to enjoy a listing in the prestigious Bombay Stock Exchange. The company has operations in USA, UK, and the Middle East, besides India. With a range of exotic and high quality products, Solid Stone Company Ltd is a name to reckon with both in India and abroad.
- Market Cap (Rs Cr.): 16.68
- Book Value (Rs): 40.37
- Face Value (RS): 10.00
- Turnover (Rs. In Cr.): 11.00
Profit and loss (in Rs. Cr.)
- March 2020: 0.70
- March 2019: 0.68
- March 2018: 1.22
- March 2017: 0.82
15 Leading Tiles Companies in India
| Sl. No. | Company | Establishment | Head office | Website |
| 1 | Kajaria Ceramic | 1985 | New Delhi | https://www.kajariaceramics.com/ |
| 2 | Cera Sanitary | 1980 | Ahmedabad | https://www.cera-india.com/ |
| 3 | HSIL | 1960 | Gurugram | https://www.hindwarehomes.com/ |
| 4 | Somany Ceramics | 1968 | Noida | https://www.somanyceramics.com/ |
| 5 | Asian Granito | 2000 | Ahmedabad | https://www.aglasiangranito.com/ |
| 6 | Pokarna | 1991 | Telangana | https://www.pokarna.com/ |
| 7 | Orient Bell | 1977 | New Delhi | https://www.orientbell.com/ |
| 8 | Nitco | 1953 | Mumbai | https://www.nitco.in/ |
| 9 | Divyashakti | 1993 | Telangana | https://www.divyashakti.com/ |
| 10 | Elegant Marble | 1984 | Mumbai | https://www.elegantmarbles.com/ |
| 11 | Aro Granite | 1988 | New Delhi | https://www.arotile.com/ |
| 12 | Pacific Industries Ltd | 1989 | Bedla Udaipur | https://www.pacificindustriesltd.com/ |
| 13 | Oriental Trimex | 1996 | New Delhi | http://www.orientaltrimex.com/ |
| 14 | Madhav Marbles | 1947 | Udaipur RJ | https://www.madhavmarbles.com/ |
| 15 | Solid Stone | 1950 | Mumbai | http://www.solid-stone.com/ |
