3 Grey and White Cement, Largest Tile Maker and Tiles and Bath Products Stocks With a Strong Future Roadmap: JK Cement, Kajaria Ceramics and Somany Ceramics
- October 23, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
JK Cement, Kajaria Ceramics and Somany Ceramics: ROE of 9.6% to 15.8% and FY22 to FY26 revenue CAGR of 6.9% to 14.4%. Prices as of 22 Oct 2026.
Quick Answer
The three cement and tile stocks to watch are JK Cement, Kajaria Ceramics and Somany Ceramics. Their return on equity ranges from 9.6% to 15.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.9% to 14.4%. Kajaria Ceramics has the highest return on equity at 15.8%, while JK Cement has the fastest revenue growth at 14.4% a year. Prices are based on the 22 October 2026 close, and this article is educational, not investment advice.
Cement and tile stocks let investors follow companies that supply materials for construction and finishing. JK Cement, Kajaria Ceramics and Somany Ceramics cover grey and white cement, the largest tile maker and a tiles and bath products company.
This list covers three cement and tile stocks with complete current figures: JK Cement, Kajaria Ceramics and Somany Ceramics. Every figure comes from the latest reported financials and the 22 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Cement and Tile Stocks?
Cement and tile stocks are listed companies that make cement, ceramic and vitrified tiles and related products. Their earnings depend on volumes, pricing, fuel costs and dealer reach.
Cement and Tile Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| JK Cement | 4,858.5 | 37,671 | 40.1 | 29.1 | 14.1 | 0.88 |
| Kajaria Ceramics | 1,159.6 | 18,977 | 34.6 | 31.1 | 15.8 | 0.07 |
| Somany Ceramics | 551.75 | 2,367 | 23.4 | 31.1 | 9.6 | 0.44 |
On valuation, Somany Ceramics trades at a P/E below the industry P/E, while JK Cement and Kajaria Ceramics trade above it, which reflects the growth the market already expects. Readers comparing cement and tile stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Cement and Tile Stocks Have a Strong Roadmap in India?
Cement and tile stocks have a strong roadmap in India because housing, infrastructure and renovation spending keep lifting demand for building materials.
- Housing demand. New homes and renovations need cement and tiles.
- Infrastructure spending. Public projects lift cement consumption.
- Dealer reach. Wide networks bring products closer to buyers.
Why JK Cement Features Among These Cement and Tile Stocks
Among the cement and tile stocks on this list, JK Cement is a cement and building products company with plants in northern, western and southern India. It sells grey cement, white cement and wall putty, and it has a strong presence in the premium white cement segment.
The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1.
Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore.
Roadmap: The company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
What to watch: Track capacity additions, volume growth and realisation per tonne.
Why Kajaria Ceramics Features Among These Cement and Tile Stocks
Among the cement and ceramics company shares on this list, Kajaria Ceramics is India’s largest ceramic and vitrified tile maker, with plants across several states and a large dealer network.
Revenue rose from Rs 3,733 crore in FY22 to Rs 4,883 crore in FY26, a compound annual growth rate of 6.9%. Net profit grew from Rs 383 crore in FY22 to Rs 490 crore in FY26, which works out to a compound annual growth rate of 6.4%.
In the June 2026 quarter, revenue grew 20.5% year on year to Rs 1,345 crore, while net profit rose 55.0% to Rs 171 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 18,977 crore. The stock trades at a P/E of 34.6, above the industry P/E of 31.1.
Roadmap: The company has added capacity in tiles and widened into adhesives, sanitaryware and faucets, which allows it to sell more products to each customer. Demand from housing, redevelopment and commercial building supports tile volumes.
What to watch: Check the capacity utilisation in newer plants and growth in the bath products business.
Why Somany Ceramics Features Among These Cement and Tile Stocks
Among the three companies on this list, Somany Ceramics is a tiles and bath products company selling ceramic, vitrified and polished tiles, sanitaryware and faucets through a wide dealer and retail network across India.
In the June 2026 quarter, revenue grew 24.2% year on year to Rs 753 crore. Revenue rose from Rs 2,108 crore in FY22 to Rs 2,801 crore in FY26, a compound annual growth rate of 7.4%.
Net profit grew from Rs 58.0 crore in FY25 to Rs 74.1 crore in FY26, a rise of 27.7%. The company has a return on equity of 9.6%, a debt to equity ratio of 0.44 and a market capitalisation of Rs 2,367 crore. The stock trades at a P/E of 23.4, below the industry P/E of 31.1.
Roadmap: Housing activity, real estate completion and renovation work drive tile demand, and the company is widening its premium and large-format ranges. Its large dealer network and brand recall support sales in smaller cities.
What to watch: Check volume growth in premium tiles and fuel cost trends.
JK Cement vs Kajaria Ceramics vs Somany Ceramics on Key Financials
The table below sets the three cement and tile stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| JK Cement | 8,134 | 13,917 | 14.4% | 988 | 7.1% |
| Kajaria Ceramics | 3,733 | 4,883 | 6.9% | 490 | 10.0% |
| Somany Ceramics | 2,108 | 2,801 | 7.4% | 74.1 | 2.6% |
Kajaria Ceramics posts the highest return on equity in this group at 15.8%. JK Cement combines the largest FY26 revenue at Rs 13,917 crore with the fastest revenue growth, a 14.4% compound annual rate. A useful habit with cement and tile stocks is to check each new quarterly result against the capacity plans the company described earlier.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| JK Cement | 3,409 | 4,071 | 19.4% |
| Kajaria Ceramics | 1,116 | 1,345 | 20.5% |
| Somany Ceramics | 606 | 753 | 24.2% |
Key Risks to Check Before Investing in Cement and Tile Stocks
Every theme carries risks that deserve a check before any decision. For these cement and tile stocks, the main points are:
- Fuel costs. Power and fuel prices influence margins.
- Pricing. Regional competition can affect realisations.
- Demand cycles. Construction activity can vary with the season.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter cement and tile stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Cement and Tile Stocks
Cement and tile stocks reward investors who follow volumes, pricing and costs together. JK Cement, Kajaria Ceramics and Somany Ceramics each have a clear plan to expand. Based on the 22 October 2026 close, JK Cement trades at Rs 4,858.5, Kajaria Ceramics at Rs 1,159.6 and Somany Ceramics at Rs 551.75.
Download the Univest iOS App or Univest Android App to track cement and tile stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are cement and tile stocks?
Ans. Cement and tile stocks are listed companies that make cement, ceramic and vitrified tiles and related products. Their earnings depend on volumes, pricing, fuel costs and dealer reach. This list looks at three of them, JK Cement, Kajaria Ceramics and Somany Ceramics, using reported FY22 to FY26 financials and the 22 October 2026 closing prices.
Which cement and tile stocks are covered in this list?
Ans. This list covers JK Cement, Kajaria Ceramics and Somany Ceramics. Based on the 22 October 2026 close, JK Cement traded at Rs 4,858.5, Kajaria Ceramics at Rs 1,159.6 and Somany Ceramics at Rs 551.75. Their return on equity ranges from 9.6% to 15.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.9% to 14.4%.
Why do cement and tile stocks have a strong future roadmap in India?
Ans. Cement and tile stocks have a strong roadmap in India because housing, infrastructure and renovation spending keep lifting demand for building materials. The main drivers are as follows. Housing demand. New homes and renovations need cement and tiles. Infrastructure spending. Public projects lift cement consumption. Dealer reach. Wide networks bring products closer to buyers. Together these factors give the companies on this list a visible path for growth over the coming years.
How has JK Cement performed financially?
Ans. Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore. The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1. Looking ahead, the company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
How has Kajaria Ceramics performed financially?
Ans. Revenue rose from Rs 3,733 crore in FY22 to Rs 4,883 crore in FY26, a compound annual growth rate of 6.9%. Net profit grew from Rs 383 crore in FY22 to Rs 490 crore in FY26, which works out to a compound annual growth rate of 6.4%. In the June 2026 quarter, revenue grew 20.5% year on year to Rs 1,345 crore, while net profit rose 55.0% to Rs 171 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 18,977 crore. The stock trades at a P/E of 34.6, above the industry P/E of 31.1. Looking ahead, the company has added capacity in tiles and widened into adhesives, sanitaryware and faucets, which allows it to sell more products to each customer. Demand from housing, redevelopment and commercial building supports tile volumes.
How has Somany Ceramics performed financially?
Ans. Revenue rose from Rs 2,108 crore in FY22 to Rs 2,801 crore in FY26, a compound annual growth rate of 7.4%. Net profit grew from Rs 58.0 crore in FY25 to Rs 74.1 crore in FY26, a rise of 27.7%. In the June 2026 quarter, revenue grew 24.2% year on year to Rs 753 crore. The company has a return on equity of 9.6%, a debt to equity ratio of 0.44 and a market capitalisation of Rs 2,367 crore. The stock trades at a P/E of 23.4, below the industry P/E of 31.1. Looking ahead, housing activity, real estate completion and renovation work drive tile demand, and the company is widening its premium and large-format ranges. Its large dealer network and brand recall support sales in smaller cities.
What risks should investors check before buying cement and tile stocks?
Ans. Investors should check a few risks before buying cement and tile stocks. Fuel costs. Power and fuel prices influence margins. Pricing. Regional competition can affect realisations. Demand cycles. Construction activity can vary with the season. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of cement and tile stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 22 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.