NaveenTile

Bengaluru, India Founded: 1983 • Age: 43 yrs Listed
Ceramic tiles are manufactured by NaveenTile in Bengaluru, India.

About NaveenTile

NaveenTile is a publicly listed company based in Bengaluru (India) founded in 1983. Ceramic tiles are manufactured by NaveenTile in Bengaluru, India. The company has 289 employees. Its website naveentile.com draws about 18 thousand monthly visits. Its Indian entity Murudeshwar Ceramics Limited reported revenue of β‚Ή215 Cr. NaveenTile offers products and services including Wall Tiles, Floor Tiles, Bathroom Tiles, and Kitchen Tiles. Its focus areas include Real Estate and Construction, Building Materials, Interiors and Flooring. Similar companies include Somany Ceramics, Simpolo and Varmora Granito; 2 of its 3 listed similar companies have raised funding.

Company details

NaveenTile was founded in 1983 and is headquartered in Bengaluru, India. Operations are centered on the production of ceramic tile products within the building materials sector. Manufacturing processes are conducted locally, with distribution handled through the domain naveentile.com. Leadership is provided by Managing Director Satish Shetty, whose DIN is 00037526. Focus remains on standard ceramic tile offerings for construction and interior applications across India.

  • Headquarters Bengaluru, India
  • Employees 289
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website naveentile.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Murudeshwar Ceramics Limited
Key Metrics
  • Market Cap
    ₹178 Cr

    MURUDCERA · NSE

  • Share Price
    ₹28.98

    -1.33% today

  • Revenue
    ₹205 Cr

    FY 2025-26 · +1.3% YoY

  • EBITDA
    ₹31.48 Cr

    Margin 15.3%

  • Net Profit
    ₹11.25 Cr

    FY 2025-26 · +13.3% YoY

  • P/E (TTM)
    18.4x

    P/B 0.5x

  • ROE
    3.0%

    ROCE 5.1%

  • Debt / Equity
    0.33

    Interest cover 75.0x

  • Employee Count
    289

Products & Services of NaveenTile

NaveenTile offers a comprehensive portfolio of products and services, including Wall Tiles, Floor Tiles, Bathroom Tiles, and Kitchen Tiles.

Wall Tiles
Building Materials

Tiles designed for wall surfaces in homes and exteriors.

Floor Tiles
Flooring

Durable tiles for indoor and outdoor flooring applications.

Bathroom Tiles
Sanitary Products

Specialized tiles for bathroom walls and floors.

Kitchen Tiles
Kitchenware

Tiles suitable for kitchen backsplashes and surfaces.

Board of directors of Murudeshwar Ceramics Limited (NaveenTile)

Murudeshwar Ceramics Limited is the primary company behind NaveenTile. The board of Murudeshwar Ceramics Limited currently have 8 directors; the longest-serving is Sunil Rama Shetty, appointed in 1993. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunil Rama Shetty
DIN 00037572
Director29 Nov 199332 yrs 11 moMurudeshwar Ceramics Limited
Naveen Rama Shetty
DIN 00058779
Director24 Nov 199530 yrs 11 moMurudeshwar Ceramics Limited
Satish Rama Shetty
DIN 00037526
Managing Director27 Jun 200719 yrs 4 moMurudeshwar Ceramics Limited
Karan Satish Shetty
DIN 08168200
Whole-time director10 Aug 20188 yrs 3 moMurudeshwar Ceramics Limited
Ravindra Bhandary
DIN 07646192
Director14 Feb 20242 yrs 8 moMurudeshwar Ceramics Limited
Vishwanath Shetty
DIN 10694435
Director01 Aug 20242 yrs 3 moMurudeshwar Ceramics Limited
Vittal Kadekar Menaka Shetty
DIN 10695560
Director01 Aug 20242 yrs 3 moMurudeshwar Ceramics Limited
Shakunthala Shetty
DIN 10704086
Director01 Aug 20242 yrs 3 moMurudeshwar Ceramics Limited

People of NaveenTile

1 people are tracked at NaveenTile (1 in leadership); the tracked headcount is 289.

NameRoleGroup
Managing DirectorLeadership
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IPO & Listings of NaveenTile

NaveenTile is a publicly listed company on the NSE with ticker symbol MURUDCERA in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 May 2004
  • Listed onNSE: MURUDCERA
  • Listed entityMurudeshwar Ceramics Limited
  • Exchange sectorProducer manufacturing
  • ISININE692B01014
  • Share price₹27.40 (-0.36% on the day) · 2026-10-14
  • Market capitalisation₹168 Cr
  • Price to earnings17.1
  • EPS (diluted, trailing year)₹1.60
  • Dividend yield1.8%
  • Volume (last session)2,414

Financials of NaveenTile

Exchange-reported figures of Murudeshwar Ceramics Limited, the listed company behind NaveenTile (NSE: MURUDCERA).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹205 Cr
+1.3% YoY
EBITDA
₹31.48 Cr
-9.0% YoY
Profit After Tax
₹11.25 Cr
+13.3% YoY
Net Worth
₹380 Cr
+2.2% YoY
Total Assets
₹526 Cr
+7.8% YoY
Total Debt
₹142 Cr
+32.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue205203186172123
Revenue growth+1.3%+8.9%+8.1%+40.3%-
EBITDA31.4834.6130.0830.8425.89
EBITDA margin+15.3%+17.1%+16.2%+17.9%+21.1%
Profit before tax13.6911.9611.487.383.73
Net profit11.259.935.226.612.03
Net profit margin+5.5%+4.9%+2.8%+3.8%+1.7%
EPS (β‚Ή)1.861.640.851.140.39
Balance sheet
Total assets526488476474423
Net worth380372366354340
Total debt14210811012082.77
Cash & bank6.052.4414.391.746.05
Net working capital119108111102122
Cash flow
Cash from operations12.8328.6930.9642.6623.14
Cash from investing(32.46)(24.47)(5.04)(81.66)(12.92)
Cash from financing23.24(16.16)(13.27)34.69(7.58)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.0962.6451.1145.5746.1566.4050.1542.85
Revenue growth (YoY)+8.5%-5.7%+1.9%+6.4%+6.2%---
Other income0.063.094.042.320.122.820.121.77
EBITDA9.579.716.717.008.0611.057.987.39
EBITDA margin+19.1%+15.5%+13.1%+15.4%+17.5%+16.6%+15.9%+17.2%
Depreciation3.864.863.363.373.374.383.383.37
Interest3.394.052.702.782.864.052.853.08
Profit before tax2.383.894.693.171.955.441.872.71
Tax1.572.430.000.000.001.970.020.02
Net profit0.811.464.693.171.953.471.852.69
EPS (β‚Ή)0.130.300.680.530.320.500.280.48
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue20520318617212380.49103
Revenue growth+1.3%+8.9%+8.1%+40.3%+52.7%-22.0%-
EBITDA31.4834.6130.0830.8425.898.9720.72
EBITDA margin+15.3%+17.1%+16.2%+17.9%+21.1%+11.1%+20.1%
Profit before tax13.6911.9611.487.383.73(15.95)3.30
Net profit11.259.935.226.612.03(11.87)1.70
Net profit margin+5.5%+4.9%+2.8%+3.8%+1.7%-14.8%+1.7%
EPS (β‚Ή)1.861.640.851.140.39(2.27)0.37
Balance sheet
Total assets526488475474422419416
Net worth380371365353339333334
Total debt14210811012082.7784.8079.33
Cash & bank6.052.4414.391.746.053.403.27
Net working capital119108111102122117119
Cash flow
Cash from operations13.2928.7730.8542.4023.630.4947.46
Cash from investing(32.92)(24.56)(4.93)(81.40)(12.50)(5.80)(18.00)
Cash from financing23.24(16.16)(13.27)34.69(8.49)5.44(29.22)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.0962.6451.1145.5746.1566.4050.1542.85
Revenue growth (YoY)+8.5%-5.7%+1.9%+6.4%+6.2%---
Other income0.063.094.042.320.122.820.121.77
Total expenses40.5252.9344.3838.5738.0955.3542.1835.46
EBITDA9.579.716.737.008.0611.057.977.39
EBITDA margin+19.1%+15.5%+13.2%+15.4%+17.5%+16.6%+15.9%+17.2%
Depreciation3.864.863.383.373.374.383.373.37
Interest3.394.052.702.782.864.052.853.08
Profit before tax2.383.894.693.171.955.441.872.71
Tax1.572.430.000.000.001.970.020.02

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.0962.6451.1145.5746.1566.4050.1542.85
Revenue growth (YoY)+8.5%-5.7%+1.9%+6.4%+6.2%---
Other income0.063.094.042.320.122.820.121.77
EBITDA9.579.716.717.008.0611.057.987.39
EBITDA margin+19.1%+15.5%+13.1%+15.4%+17.5%+16.6%+15.9%+17.2%
Depreciation3.864.863.363.373.374.383.383.37
Interest3.394.052.702.782.864.052.853.08
Profit before tax2.383.894.693.171.955.441.872.71
Tax1.572.430.000.000.001.970.020.02
Net profit0.811.464.693.171.953.471.852.69
EPS (β‚Ή)0.130.300.680.530.320.500.280.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue205203186172123
Revenue growth+1.3%+8.9%+8.1%+40.3%-
Other income9.564.914.441.001.42
Total expenses17416815614297.03
Employee cost31.2629.6127.4425.1515.44
EBITDA31.4834.6130.0830.8425.89
EBITDA margin+15.3%+17.1%+16.2%+17.9%+21.1%
Depreciation14.9614.5012.0011.1010.28
Interest12.3913.0611.0413.3613.30
Profit before tax13.6911.9611.487.383.73
Tax2.432.026.360.771.57
Net profit11.259.935.226.612.03
Net profit margin+5.5%+4.9%+2.8%+3.8%+1.7%
EPS (β‚Ή)1.861.640.851.140.39
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital60.5560.5560.5557.7054.95
Reserves & surplus320312305292284
Shareholders' funds (net worth)380372366354340
Minority interest0.000.000.000.000.00
Secured loans13395.9110411577.84
Unsecured loans9.7611.716.255.424.93
Total debt14210811012082.77
Total liabilities526488476474423
Assets
Gross block498441439363353
Net block390349361297298
Capital work in progress23.8737.5310.4578.336.07
Investments9.479.9410.029.919.66
Inventories115109116118112
Sundry debtors51.4840.5716.4316.4622.09
Cash & bank balances6.052.4414.391.746.05
Loans & advances17.4618.9717.3817.2819.30
Total current assets190171164153160
Total current liabilities70.3262.4253.3151.5637.73
Net working capital119108111102122
Total assets526488476474423
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash2.4414.391.746.053.40
Net cash from operating activities12.8328.6930.9642.6623.14
Net cash from investing activities(32.46)(24.47)(5.04)(81.66)(12.92)
Net cash from financing activities23.24(16.16)(13.27)34.69(7.58)
Net change in cash3.61(11.95)12.65(4.31)2.64
Closing cash6.052.4414.391.746.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+1.3%+8.9%+8.1%+40.3%-
EBITDA growth-9.0%+15.1%-2.5%+19.1%-
PBT growth+14.5%+4.2%+55.6%+97.9%+9997.0%
Net income growth+13.3%+90.2%-21.0%+225.6%-
Revenue CAGR (3Y)+6.0%+18.2%---
EBITDA CAGR (3Y)+0.7%+10.2%---
Profitability & leverage
Net income margin+5.5%+4.9%+2.8%+3.8%+1.8%
Return on capital employed+5.1%+5.2%+4.7%+4.6%+4.0%
Return on net worth+3.0%+2.7%+1.4%+1.9%+0.6%
Debt / equity0.330.300.320.290.24
Long-term debt / equity0.160.120.140.110.05
Interest cover75.0064.9461.0667.6885.20
Efficiency & per share
Fixed asset turnover0.440.460.460.480.35
Inventory turnover1.841.811.591.501.10
Debtors turnover4.467.1211.338.945.56
EPS (β‚Ή)1.861.640.851.140.39
Dividend per share (β‚Ή)0.000.500.500.500.00
Book value per share (β‚Ή)62.7861.4560.3760.6761.62
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue50.0962.6451.1145.5746.1566.4050.1542.85
Revenue growth (YoY)+8.5%-5.7%+1.9%+6.4%+6.2%---
Other income0.063.094.042.320.122.820.121.77
Total expenses40.5252.9344.3838.5738.0955.3542.1835.46
EBITDA9.579.716.737.008.0611.057.977.39
EBITDA margin+19.1%+15.5%+13.2%+15.4%+17.5%+16.6%+15.9%+17.2%
Depreciation3.864.863.383.373.374.383.373.37
Interest3.394.052.702.782.864.052.853.08
Profit before tax2.383.894.693.171.955.441.872.71
Tax1.572.430.000.000.001.970.020.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue20520318617212380.49103
Revenue growth+1.3%+8.9%+8.1%+40.3%+52.7%-22.0%-
Other income9.564.914.441.001.421.268.51
Total expenses17416815614297.0371.5282.45
Employee cost31.2629.6127.4425.1515.4412.1812.36
EBITDA31.4834.6130.0830.8425.898.9720.72
EBITDA margin+15.3%+17.1%+16.2%+17.9%+21.1%+11.1%+20.1%
Depreciation14.9614.5012.0011.1010.2810.259.93
Interest12.3913.0611.0413.3613.3015.9316.00
Profit before tax13.6911.9611.487.383.73(15.95)3.30
Tax2.432.026.360.771.57(4.07)1.56
Net profit11.259.935.226.612.03(11.87)1.70
Net profit margin+5.5%+4.9%+2.8%+3.8%+1.7%-14.8%+1.7%
EPS (β‚Ή)1.861.640.851.140.39(2.27)0.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital60.5560.5560.5557.7054.9552.3447.58
Reserves & surplus319311304292283278287
Shareholders' funds (net worth)380371365353339333334
Secured loans13395.9110411577.8479.9875.08
Unsecured loans9.7611.716.255.424.934.824.25
Total debt14210811012082.7784.8079.33
Total liabilities526488475474422419416
Assets
Gross block498441439363353342342
Net block390349361297298297306
Capital work in progress23.8737.5310.4578.336.077.692.05
Investments9.249.249.249.249.243.903.90
Inventories11510911611811210499.72
Sundry debtors51.4840.5716.4316.4622.0931.6541.07
Cash & bank balances6.052.4414.391.746.053.403.27
Loans & advances17.4618.9717.3817.2819.3015.8013.84
Total current assets190171164153160155158
Total current liabilities70.3262.4253.3151.5637.7338.7538.79
Net working capital119108111102122117119
Total assets526488475474422419416
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.4414.391.746.053.403.273.03
Net cash from operating activities13.2928.7730.8542.4023.630.4947.46
Net cash from investing activities(32.92)(24.56)(4.93)(81.40)(12.50)(5.80)(18.00)
Net cash from financing activities23.24(16.16)(13.27)34.69(8.49)5.44(29.22)
Net change in cash3.61(11.95)12.65(4.31)2.640.130.24
Closing cash6.052.4414.391.746.053.403.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+1.3%+8.9%+8.1%+40.3%+52.7%-22.0%-
EBITDA growth-9.0%+15.1%-2.5%+19.1%+188.6%-56.7%-
PBT growth+14.5%+4.2%+55.6%+97.9%+9998.0%--37.1%
Net income growth+13.3%+90.2%-21.0%+225.6%+117.1%-798.2%-
Revenue CAGR (3Y)+6.0%+18.2%+32.3%+18.7%-0.8%-12.3%-0.7%
EBITDA CAGR (3Y)+0.7%+10.2%+49.7%+14.2%-3.4%-34.3%-7.7%
Profitability & leverage
Net income margin+5.5%+4.9%+2.8%+3.8%+1.8%-14.8%+1.7%
Return on capital employed+5.2%+5.2%+4.8%+4.6%+4.1%0.0%+4.6%
Return on net worth+3.0%+2.7%+1.4%+1.9%+0.6%-3.6%+0.5%
Debt / equity0.330.300.320.290.250.250.26
Long-term debt / equity0.160.120.140.110.050.040.05
Interest cover75.0064.9461.0667.6885.20-1,244.53148.29
Efficiency & per share
Fixed asset turnover0.440.460.460.480.350.240.31
Inventory turnover1.841.811.591.501.130.791.03
Debtors turnover4.467.1211.338.944.572.212.37
EPS (β‚Ή)1.861.640.851.140.39(2.27)0.37
Dividend per share (β‚Ή)0.000.500.500.500.000.000.00
Book value per share (β‚Ή)62.7461.3460.2460.5561.5463.1970.26

Similar companies to NaveenTile

NaveenTile has 3 listed similar companies in our database, 2 of them funded. They include Somany Ceramics, Simpolo and Varmora Granito.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
somanyceramics.com1969Noida, India$8M1,963
Ceramic tiles are manufactured by Somany Ceramics in India.
simpolo.com1977Morbi, India$65.96M
Vitrified tiles and bathware products are manufactured for diverse applications.
varmora.com2003Mumbai, India4
Ceramic flooring tiles are manufactured for construction applications.
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Web traffic of NaveenTile

The website of NaveenTile (naveentile.com) receives about 17.9K visits a month.

  • Monthly visits
    17.9K

    ▲ 316.5% vs previous month

Similar websites

Websites whose visitors overlap most with NaveenTile. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
simero.in
100%
11.4K#1,633,342View details
adminvitrified.com
99%
#11,186,670View details
titaniumvitrified.com
94%
View details

Top companies in Building Materials

3 companies that operate in the same segment as NaveenTile (Building Materials) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, IndiaUSD 1.44 B9,047
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, IndiaUSD 3.87 B10
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, India
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Related news about Naveentile

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Frequently Asked Questions about NaveenTile

NaveenTile was founded in 1983.

NaveenTile is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

NaveenTile has 289 employees.

The primary company behind NaveenTile, Murudeshwar Ceramics Limited, reported revenue of β‚Ή215 Cr for FY 2026, up 1% year on year.

NaveenTile was founded in 1983 and is headquartered in Bengaluru, India. Operations are centered on the production of ceramic tile products within the building materials sector. Manufacturing processes are conducted locally, with distribution handled through the domain naveentile.com. Leadership is provided by Managing Director Satish Shetty, whose DIN is 00037526. Focus remains on standard ceramic tile offerings for construction and interior applications across India.

NaveenTile's top competitors include Somany Ceramics, Simpolo and Varmora Granito.

NaveenTile offers Wall Tiles, Floor Tiles, Bathroom Tiles, and Kitchen Tiles.

Yes, NaveenTile is publicly traded on NSE under the ticker symbol MURUDCERA.

NaveenTile operates through Murudeshwar Ceramics Limited.

The legal entities of NaveenTile currently have 10 directors, including Satish Rama Shetty, Karan Satish Shetty, Narayan Manjunath Hegde and others.

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