Restile Ceramics Ltd - Stock Valuation and Financial Performance

Restile Ceramics, established in 1986, is a pioneer in vitrified tile and in the business of flooring tiles holds excellent reputation in the industry. Its first commercial production commenced in 1991. The company holds the distinction of bringing the vitrified tiles technology for the first time in the country. Since then, the company has introduced innovative range of products in the market. Staying ahead in the technological advancement is the motto of Restile.

The company employs the best practices and highest quality standards in the industry. While it works constantly on quality up-gradation, the company is known for introducing innovative product range on frequent intervals.

Restile is the only brand in Indian market to make 100% of its production as full body vitrified tile in right earnest. The competition is fierce affecting the quality standards in general, but at RESTILE quality comes first, the stand vindicated by the numerous repeat purchases from reputed clients across all the sectors viz. Retail, I.T., Banking, Hospitality, Education, Genneral Engineering, Manufacturing & Industrial, Food & Beverages, Pharma & Health Care, Govt. Institutions and so on..

Restile was launched as Fully Vitrified Unglazed and Polished Monolithic floor tiles in smooth, rough as well as Mirror Polished finishes and commenced commercial production during 1991 with an initial installed capacity of 5,40,000 sq mtrs. per annum and subsequently ramped up 34,00,000 sq. mtrs per annum at Hyderabad, Andhra Pradesh.

Restile has further enhanced its product portfolio by adding MARBOGRANIT range of Bell Granito Ceramica Limited from Baroda, Gujarat Unit, making total capacity 52,50,000 sq. mtrs per annum.

At Restile, market looks forward for the innovation on regular intervals. The new products will be no less than the contemporary product in European markets.

Product range of the company includes:

• Mirror stone-These tiles come in mirror finish which is far superior to all other tiles including natural stones including marble and granite. These tiles are pre-polished and ready to use. It has high glossy finish with true reflective properties.
• Impacta-These tiles which are heavy duty, fully vitrified, acid and alkali resistant ,are produced under strict quality controls at the modern plant of Restile at Hyderabad, using very superior quality raw materials. The process involves fine milling, spray drying, dry pressing at high pressures, firing under high temperature under defined process parameters to ensure homogeneous, dense and non-porous tiles.
• PearlRock-It finish with silky smooth surface, pampers your senses, a caring touch that gives you homely feel. The tiles are best to use in the area where you used to walk on a bare feet like bedroom, kitchen, living room etc. It has a pearly glow for the rich look comparing to fully polished tiles, which is now become common and falls short of that rich feel.
• Granamite- Fullbody design tiles come in the rich eloquence of granite and the understated elegance of plain finish. Its matt finished smooth surface prevents skids and skips . Granamite is the original form of vitrified tiles, which retain all basic characteristics of fully homogeneous vitrified tiles. Granamite range is acknowledged by professionals of the industry as the toughest flooring material for medium to high traffic areas.
• MARBOGRANIT- It is a well established brand exclusively for original marble admirers as this is the better alternative to natural marble. A wonderful recreation of marble and granite in a unique and absolutely original form. A collection of natural marble designs with high glossy finish surface. It took years of experience and superior technology from Italy to capture the beauty of nature on the vitrified surface.
• GRIPMAX- Restile launches another fully vitrified surface, a surface most suitable for vehicle ramps, swimming pool areas, porch, exterior wall application etc. GRIPMAX comes in variety of textures and finishes.

Clientele

Some of Restile's premier customers include: Hyundai, ICICI Bank, A P Gas Power, Cadbury India, Reserve Bank of India, Indorama Synthetic, Dr Reddy’s, Parle, Pepsi, Bajaj Coca Cola and many more.