Top 10 Tiles Companies in India 2023

Here we can see about the Top Tiles Companies in India and also the best tile Manufacturer Before that take a look at the tiles Industry.

China is the world’s largest producer, consumer, and exporter of ceramic tiles. India strengthened its position as the world’s second-largest tile producer and consumer country. Production Stood at 1,080 million sq.m, while domestic consumption Stood at 760 million sq.m.

Read more about Tiles Sector in India 2022 | Indian Tile Industry

List of Top Tiles Companies in India | Best tiles manufacturers

Here is the list of Top 10 Tiles Company in India. The list is ranked based on the revenue of the company in the year 2020.

1.Kajaria Ceramics Ltd

Kajaria is one of the best tiles brand in India. Headquartered at New Delhi, India, the Company’s presence, straddles across the entire tile value chain – ceramic wall and floor tiles, polished and glazed vitrified tiles. It is the largest in the list of top 10 tiles company in India 2023.

Kajaria is one of the best tile brands in India. The Company showcases its tiles pan-India, through its extensive and entrenched dealer network, providing customers with the widest choice in tiles across all price points. It is the Largest tiles company in India by Total Sales.

• Sales₹ 4,438 Cr.
• Operating profit₹ 608 Cr.
• Net profit₹ 362 Cr.
• Sales last year₹ 4,382 Cr.
• EBIDT last year₹ 627 Cr.
• Capacity: 68 MSM
• Market Share: 6.3%
• Employees: 2588

The Company is spearheaded by the visionary entrepreneur, Mr. Ashok Kajaria, and his sons Mr. Chetan Kajaria and Mr. Rishi Kajaria, and ably supported by the management team comprising of experienced and efficient professionals. It is one of the best tiles manufacturers in India.

• Total Assets₹ 3,328 Cr.
• Reserves₹ 2,311 Cr.
• Debt₹ 250 Cr.
• Debt to equity0.11
• Dividend yield0.68 %
• Face value₹ 1.00
• ROE 5Yr16.8 %
• ROCE19.7 %
• ROCE 3Yr21.6 %
• Return on equity15.8 %

In addition to tiles, Kajaria, through its subsidiary Kajaria Bathware, has a presence in bathroom solutions – sanitaryware and faucets – which are marketed under the ‘Kerovit’ brand. The Company has also entered into the plywood business through Kajaria Plywood (a subsidiary). Its products are marketed under the ‘KajariaPLY’ brand.

2.Somany Ceramics Ltd

Founded in 1969 by late Shri H. L. Somany, Somany Ceramics is an internationally acclaimed organization that specializes in ceramics and allied products segment. One of the best tiles in India.

In the last four decades, Somany Ceramics has established itself as an unchallenged leader in the Indian Ceramic Industry with a significant presence in India, Africa, The Middle East, United Kingdom, and Russia. It is one of the best tiles brand in India.

• Sales₹ 2,506 Cr.
• Operating profit₹ 194 Cr.
• Net profit₹ 60.1 Cr.
• Sales last year₹ 2,479 Cr.
• EBIDT last year₹ 198 Cr.
• Capacity: 52 MSM
• Market Share: 4.8 %
• Employees: 2267

The company has manufacturing plants in Kadi (Gujarat) and Kassar (Haryana), India and other joint venture plants, generating a total production capacity of 60 million square meters annually. It is the second-largest tiles company in India

• Total Assets₹ 2,003 Cr.
• Reserves₹ 778 Cr.
• Debt₹ 534 Cr.
• Debt to equity0.68
• Dividend yield0.43 %
• Face value₹ 2.00
• ROE 5Yr9.30 %
• ROCE9.37 %
• ROCE 3Yr11.0 %
• Return on equity8.57 %

Somany is a complete décor solutions provider and its extensive range of products include – Ceramic Wall and Floor Tiles, Polished Vitrified Tiles, Glazed Vitrified Tiles, Digital Tiles, Sanitaryware and Bath Fittings as well as Tile Laying Solutions. One of the best tile brands in India.

3.Grindwell Norton Ltd

Grindwell Norton (GNO), a company listed on the Bombay and National Stock Exchanges, pioneered the manufacture of grinding wheels in India in 1941. It is the Third best tiles company in India by total sales. In 1990, Saint-Gobain acquired Norton Company, USA, worldwide and thereby became a shareholder in GNO.

• Sales₹ 2,572 Cr.
• Operating profit₹ 504 Cr.
• Net profit₹ 366 Cr.
• Sales last year₹ 2,541 Cr.
• EBIDT last year₹ 538 Cr.
• Market Share: 4.7 %
• Employees: 1956

In 1996, Saint-Gobain increased its equity stake, making GNO its first majority-owned subsidiary in India. One of the best tiles brand in India.

Today, GNO’s businesses include: Abrasives, Ceramic Materials Businesses (Silicon Carbide and Performance Ceramics & Refractories), Performance Plastics and ADFORS. It is the Third largest tiles company in India in terms of market share.

• Total Assets₹ 2,406 Cr.
• Reserves₹ 1,750 Cr.
• Debt₹ 51.4 Cr.
• Debt to equity0.03
• Dividend yield0.68 %
• Face value₹ 5.00
• ROE 5Yr17.8 %
• ROCE27.6 %
• ROCE 3Yr25.4 %
• Return on equity20.7 %

The Saint-Gobain Country Head office, INDEC (the captive India IT Development Centre for the Saint-Gobain Group globally) and CertainTeed are also part of GNO. GNO’s subsidiary, Saint-Gobain Ceramic Materials Bhutan Pvt. Ltd., manufactures Silicon Carbide. The Group currently holds 51.66% of the equity capital of GNO.

4.Asian Granito India Ltd

Asian Granito is one of the largest manufacturers of Ceramic tiles, Vitrified tiles, Outdoor tiles, Engineered Marble and Quartz stone in India. Headquartered in Ahmedabad, Gujarat, India. It is one of the top 10 tiles companies in India. It is among top ceramic companies in India

Established in the year 2000, the AGL has emerged as one of the largest ceramic companies in India in a short span of 18 years. Today it has emerged as one of India’s largest groups, with a global footprint across more than 58 countries. It is one of the best tiles manufacturers India.

• Sales₹ 1,587 Cr.
• Operating profit₹ -63.8 Cr.
• Net profit₹ -86.2 Cr.
• Sales last year₹ 1,563 Cr.
• EBIDT last year₹ -51.3 Cr.
• Capacity: 35.76 MSM
• Market Share: 3.3 %
• Employees: 2,334

Its capacity has grown 40 fold in a span of just 18 years, it is India’s fastest growing Ceramic Wall & Floor Tile, Glazed Vitrified Tiles, Polished Vitrified Tiles, Composite Marble and Quartz Company and among the world’s 50 most profitable Ceramic tile Companies.

• Total Assets₹ 1,922 Cr.
• Reserves₹ 1,129 Cr.
• Debt₹ 227 Cr.
• Debt to equity0.18
• Dividend yield0.00 %
• Face value₹ 10.0
• ROE 5Yr3.25 %
• ROCE-6.43 %
• ROCE 3Yr5.19 %
• Return on equity-6.68 %

AGL has an extensive marketing and distribution network which comprises of more than 6000+ Dealers and Sub-Dealers and more than 243+ Exclusive Dealer Showrooms covering each and every state of the country, this helps the company to promote its range of products to the consumers.

5.Cera Sanitaryware Limited

Cera Sanitaryware Limited was incorporated in the year 1998 to provide consumers a complete architect and designer solution. Headquartered in Ahmedabad, the company manufactures products that include floor and wall tiles, sanitaryware, faucets, wellness, kitchen sinks, mirrors, and personal care. It is among top tiles company in India

• Sales₹ 1,835 Cr.
• Operating profit₹ 301 Cr.
• Net profit₹ 228 Cr.
• Sales last year₹ 1,804 Cr.
• EBIDT last year₹ 327 Cr.
• Employees: 2587

The company sells its floor tiles under the brand name of Refinito, Ruvido, Elegante, Eterno, Fiore, and Lucido through its wide sales network of more than 4000 retailers across the country. One of the best tiles brand in India.

• Total Assets₹ 1,677 Cr.
• Reserves₹ 1,166 Cr.
• Debt₹ 53.1 Cr.
• Debt to equity0.05
• Dividend yield0.61 %
• Face value₹ 5.00
• ROE 5Yr16.0 %
• ROCE25.5 %
• ROCE 3Yr20.7 %
• Return on equity19.4 %

6. HSIL Ltd (BUILDING PRODUCTS DIVISION)

Set up in 1960 as Hindustan Twyfords Ltd, with a technical collaboration with Twyfords UK, to introduce vitreous china sanitaryware in India. The company was subsequently renamed Hindustan Sanitaryware and Industries Limited in 1969 and HSIL Limited in 2009. It is among top ceramic companies in India

• Revenue: Rs 1,223.2 Cr ( Only BUILDING PRODUCTS DIVISION)
• Capacity: 7.2 MSM
• Employees: 4198 (include all division)

The product offerings were further expanded to include home furniture, soft furnishings, home decor and accessories, wall fashion, modular kitchens and modular wardrobes by launching a chain of large retail format stores under the brand ‘EVOK’.

• Dividend Yield: 6.26 %
• ROCE: 7.03 %
• ROE: 4.53 %
• Sales Growth (3Yrs): 11.41 %
• Promoter holding: 48.93 %
• Debt to equity: 0.78

HSIL Limited is among India’s top 500 companies as listed in the ‘Fortune India 500’ 2018 list. Currently, HSIL has four distinct business segments, namely the Building Products Division (BPD), Consumer Products Division (CPD), Retail Division and Packaging Products Division (PPD).

7.Nitco Limited

Nitco is among the top tiles brand in India. Nitco Limited is one of the oldest tile manufacturing companies in India which was established in the year 1953 by Pran Nath Talwar. It is the list of top 10 tiles companies in India 2019.

The Company is headquartered in Mumbai, India. Its pan-India presence is facilitated through 22 offices. It is one of the best tiles manufacturers India.

• Sales₹ 385 Cr.
• Operating profit₹ -34.9 Cr.
• Net profit₹ -146 Cr.
• Sales last year₹ 384 Cr.
• EBIDT last year₹ -32.8 Cr.
• Employees: 1300

Its strong distribution network comprises more than 1100 direct dealers. The Company exports tiles to countries like Belgium, The Netherlands, Muscat, Saudi Arabia, Bahrain, Qatar, Oman, and other European and African countries. It is one of the best tiles companies in India

• Total Assets₹ 818 Cr.
• Reserves₹ -421 Cr.
• Debt₹ 732 Cr.

Some of its most selling floor tiles are Ceramic, Glazed Vitrified, Vitrified DCH, Vitrified Heavy duty and Vitrified SST. It is among top ceramic companies in India.

No	Company Name
1	Kajaria Ceramics Ltd
2	Somany Ceramics Ltd
3	Grindwell Norton Ltd
4	Asian Granito India Ltd
5	Cera Sanitaryware Limited
6	HSIL Ltd (BUILDING PRODUCTS DIVISION)
7	Nitco Limited

Which brand is best for tiles?

Based on Turnover and Capacity Kajaria Ceramics Limited is Best Brand for Tiles which has the highest sales of Rs 4438 Cr with Capacity of 78 MSM.