What we do Manoj Ceramic Ltd is a leading company in wholesale, retail, marketing, exporting of ceramic and porcelain tiles, artificial and natural stones, adhesives, sanitary ware and faucets. |
Founded in 2,006 |
Market share Strong regional presence in India with growing international footprint; expanding exports via UK subsidiary and Dubai center aiming for 20% revenue from exports. |
Problem solved Addresses demand for diverse, innovative, quality ceramic and tile products across retail, B2B, and export markets with integrated digital customer experience. |
Top clients or who we serve Serves retail customers, architects, builders, contractors through showrooms, dealer networks, B2B and export channels spanning India, Africa, Middle East, UK. |
Key management Dhruv Manoj Rakhasiya (Managing Director; MBA from Coventry University), Akash Manoj Rakhasiya (Executive Director; MBA University Canada West), Pankaj Shantilal Rakhasiya (CFO). |
Our journey and innovations Founded in 1991 as trading firm, evolved to public listed company in 2019, expanded retail and export footprint, incorporated AI-powered digital visualization platform MCPL Studio. |
Where we operate India with distribution hubs in Mumbai, Pune, Bangalore, Morbi and international presence via subsidiaries in UK, Dubai, U.S.; exports to Africa and GCC region. |
Top products or what we offer Wide range of ceramic and porcelain tiles, exotic stones, quartz surfaces, adhesives, sanitary ware and faucets; innovative AI visualization tools for customization. |
Top brands MCPL Studio AI-powered platform; multiple proprietary tile designs across sizes and finishes; Jaquar partnership for premium sanitaryware; Dubai Display Centre flagship. |
Raw materials needed Ceramic raw materials, quartz stones, natural and artificial marble and granite, adhesives chemical compounds. |
Raw materials supplier Mainly sourced from manufacturers in Morbi region and other reputed tile and material producers. |
Recurring vs cyclical contribution Revenue primarily from recurring wholesale and retail sales; export projects introduce cyclical large contracts; growing digital engagement enhances recurring business. |
Our industry position Established player with over 35 years in ceramic industry; strong presence in western India; fast-growing exporter with expanding international footprint. |
Financial highlights FY25 revenue Rs 164.3 Cr with net profit Rs 10.91 Cr; 45% CAGR revenue growth over 3 years; EBITDA margin near 14%; robust profit and margin expansion. |
Geographical revenue split Majority revenue from India (~99%), with emerging contribution from UK and African export markets increasing steadily. |
Order book Not explicitly disclosed, but growing export contracts and dealer network expansions indicate strong order pipeline. |
Whats driving growth Export expansion via global subsidiaries, digital transformation with AI studio, strong dealer and retail network growth, premium product launches, and sovereign partnerships. |
Our future plans Target CAGR 25-30% for next 3 years focusing on export growth to 20% revenue share, adding warehouses, launching premium products, expanding digital platforms. |
Our green promise Adopted multiple energy conservation measures; environment friendly steps to reduce energy consumption in production and operations. |
Our people and values Employing about 114 staff, emphasizing diversity with 14 females; values integrity, innovation, and customer-centricity supported by sound governance. |
Key challenges ahead Scaling exports with operational efficiency, managing credit risk amid dealer expansion, competitive pressures in ceramic sector, maintaining innovation pace. |
Interesting facts Incorporated India's first trading firm in the tile sector in 1991, launched AI-driven design platform MCPL Studio, awarded sovereign export partnerships in Africa. |
Risks and strategy Mitigates credit risk via trade credit insurance, diversifies markets and products, invests in technology-led customer engagement, strong governance to navigate market volatility. |
