RAK Ceramics - Company Profile
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RAK Ceramics (RAK) is a designer and manufacturer of ceramic tiles and sanitary ware. It provides ceramic and gres porcelain tiles, bathroom and kitchen sanitary ware, faucets, tableware and mega slabs. RAK’s bathware and kitchen decorating products include washbasins, water closets, urinals, bidets, kitchen sinks, bathtubs, shower trays, furniture and kitchen accessories. The company undertakes various construction, civil and contracting projects for installation, execution and maintenance of mechanical and electrical works. It owns and manages manufacturing facilities in the UAE, Iran, India and Bangladesh. The company has an operational presence in Europe, the Middle East, Africa, the Americas and Asia-Pacific. RAK Ceramics is headquartered in Ras Al Khaimah, the UAE.
Headquarters
United Arab Emirates
Address
Al Jazeera Al Hamra , P.O. Box 4714, Ras Al Khaimah City
Website
www.rakceramics.com/uae
Telephone
971 7 2445046
Industry
Construction
Ticker Symbol & Exchange
RAKCEC (ABD)
Revenue (2022)
$941.6M
-1.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-3.9%
(2022 vs 2021)
Market Cap*
$692.7M
Net Profit Margin (2022)
XYZ
-2.3%
(2022 vs 2021)
* As of and is in US$
RAK Ceramics premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Wall Tiles | Civil Works and Contracting | RAK |
| Floor Tiles | Mechanical Works | RAK Sanit |
| Decor Tiles | Electrical Works | Klima |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Corporate Changes/Expansions | In May, the company announced to launch its design hub in London. |
| 2022 | Contracts/Agreements | In April, the company selected Al Ramz Corporation Investment and Development as its liquidity provider. |
| 2022 | Contracts/Agreements | In March, the company entered into an agreement to acquire 100% stake in KLUDI Group. |
Competitor Comparison
| Key Parameters | RAK Ceramics | Geberit AG | Prism Johnson Ltd | Somany Ceramics Ltd | Al Anwar Ceramic Tiles Company SAOG |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | Switzerland | India | India | Oman |
| City | Ras Al Khaimah City | Jona | Mumbai | Noida | Muscat |
| State/Province | - | - | Maharashtra | Uttar Pradesh | - |
| No. of Employees | - | 10,347 | 5,174 | 1,957 | 373 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Abdallah Massaad | Chief Executive Officer | Executive Board | 2012 | - |
| Pramod Kumar Chand | Chief Financial Officer | Senior Management | - | - |
| George Rabahie | Chief Legal Officer | Senior Management | - | - |
| Shakti Arora | Chief Procurement Officer | Senior Management | - | - |
| Vibhuti Bhushan | Chief - Audit, Risk, Compliance Officer | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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