Does The Data Make Kajaria Ceramics Limited (NSE:KAJARIACER) An Attractive Investment? – Simply Wall St

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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Kajaria Ceramics Limited (NSE:KAJARIACER), it is a highly-regarded dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Kajaria Ceramics here.

Flawless balance sheet average dividend payer

KAJARIACER’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that KAJARIACER has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. KAJARIACER seems to have put its debt to good use, generating operating cash levels of 2.53x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NSEI:KAJARIACER Historical Debt, April 24th 2019

For those seeking income streams from their portfolio, KAJARIACER is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 0.5%.

NSEI:KAJARIACER Historical Dividend Yield, April 24th 2019

Next Steps:

For Kajaria Ceramics, I’ve compiled three important factors you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for KAJARIACER’s future growth? Take a look at our free research report of analyst consensus for KAJARIACER’s outlook.
  2. Historical Performance: What has KAJARIACER’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of KAJARIACER? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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