Company R.A.K. Ceramics

Equities

RAKCEC

AER000301013

Construction Supplies & Fixtures

Market Closed - Abu Dhabi Securities Exchange 06:55:00 2024-04-26 EDT 5-day change 1st Jan Change
2.71 AED +0.37% Intraday chart for R.A.K. Ceramics +0.74% +1.50%

Business Summary

Ras Al Khaimah Ceramics PSC is a United Arab Emirates-based company, which is engaged in the manufacturing and sale of a variety of ceramic products including tiles, bathroom sets and sanitary wares. The Company operates through four segments: Ceramic products includes manufacture and sale of ceramic wall and floor tiles, gres porcellanato and bathware products; Contracting segment includes construction projects and civil works; Other industrial segment engages in the manufacturing and distribution of power, table ware, paints, plastic, mines and faucets, as well as Other segment includes others Company’s operations, such as trading, travel, warehousing and trading in catering and turnkey contracting projects.

Sales per Business

AED in Million2022Weight2023Weight Delta
Ceramics
84.4 %
3,101 88.2 % 2,917 84.4 % -5.95%
Faucets
12.5 %
277 7.9 % 431 12.5 % +55.91%
Other Industrial
2.7 %
124 3.5 % 94 2.7 % -24.03%
Others
0.4 %
15 0.4 % 15 0.4 % +2.49%

Sales per region

AED in Million2022Weight2023Weight Delta
Middle East
47.6 %
1,700 48.3 % 1,644 47.6 % -3.26%
Europe
23.2 %
698 19.8 % 803 23.2 % +15.15%
Asian Countries
22.0 %
908 25.8 % 759 22.0 % -16.38%
Others
7.3 %
212 6.0 % 251 7.3 % +18.36%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 03-12-31
Director of Finance/CFO 77 -
Chief Tech/Sci/R&D Officer - 22-02-28
Chief Tech/Sci/R&D Officer - 16-06-30
Compliance Officer - 13-12-31
Investor Relations Contact - 21-12-31
General Counsel - 15-06-21
Sales & Marketing - -
Corporate Officer/Principal 63 12-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 21-05-31
Director/Board Member - 16-01-31
Director/Board Member - 15-03-31
Director/Board Member - 15-06-30
Director/Board Member - -
Chairman - 21-07-31
Director/Board Member - 22-10-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 993,703,958 663,512,032 ( 66.77 %) 0 66.77 %

Shareholders

NameEquities%Valuation
Falcone Investments LLC
20.51 %
203,797,746 20.51 % 155 M AED
AlRajhi Partners llc
8.320 %
82,676,167 8.320 % 63 M AED
Emirate of Ras Al Khaimah (United Arab Emirates)
5.022 %
49,899,386 5.022 % 38 M AED
Al Hamra Group
3.252 %
32,312,277 3.252 % 25 M AED
NN Investment Partners (Middle East) Ltd.
0.4966 %
4,935,066 0.4966 % 4 M AED
LHV Asset Management AS
0.4753 %
4,722,929 0.4753 % 4 M AED
ADCB Asset Management Ltd.
0.0956 %
950,000 0.0956 % 724 366 AED
S-Bank Fund Management Ltd.
0.0874 %
868,219 0.0874 % 662 008 AED
First Abu Dhabi Bank PJSC (Investment Management)
0.0507 %
503,509 0.0507 % 383 921 AED
Dimensional Fund Advisors Ltd.
0.0448 %
444,867 0.0448 % 339 207 AED

Holdings

NameEquities%Valuation
291,586,431 68.13% 84,487,168 $

Company contact information

Ras Al Khaimah Ceramic Co.

Al Jazzera Al Hamra

, Ras Al Khaimah

+971 7 246 7000

http://www.rakceramics.com
address R.A.K. Ceramics(RAKCEC)

Group companies

NameCategory and Sector
Building Products
RAK Ceramics India Pvt Ltd.
Gryphon Ceramics Pvt Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
2.71 AED
Average target price
3.655 AED
Spread / Average Target
+34.87%
Consensus

Quarterly revenue - Rate of surprise

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