| EBITDA Margin: guided vs achieved | 19.60% achieved Guided 18.00%–19.00%, 3.2% above the top of the range; confirmed by management |
|---|---|
| Revenue guidance | 10.0% → 20.0% Raised by 10.0 percentage points |
| Management target | Revenue 20.0% FY27 |
| Revenue growth | 20% YoY growth driven by pricing and project segment breakthroughs. |
|---|---|
| Margins | Margins expanded to 19.6%; targeted 18-19% for full year. |
| Order book | Breakthroughs with major builders providing strong volume visibility. |
| Demand visibility | Strong outlook for next 9 months with double-digit volume growth. |
| Management confidence | High; very bullish on domestic demand and market share gains. |
Growth
Revenue grew 20% to ₹1,328 Cr, while EBITDA margins expanded 288bps to 19.6% despite input volatility.
Outlook
Management guides for double-digit volume growth and ₹1,000 Cr+ EBITDA for FY27.
Risks
High sensitivity to gas price volatility at Morbi and potential project execution delays.
Last quarter's promises, checked
Delivered
- Guided 18-19% EBITDA Margin → delivered 19.6% (= BEAT)
- Guided double-digit volume growth → delivered 11% (= BEAT)
- Guided working capital reduction → delivered 14-day improvement (= BEAT)
Partly delivered
- Guided 12-15% price realization increase → delivered 11% price-led growth (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: KAJARIACER. Summary written with AI assistance from the document.
Kajaria Ceramics Ltd: key numbers
- Share price
- ₹1,226.20
- Market cap
- ₹19,533 Cr
- Revenue (annual)
- ₹4,830 Cr
- Net profit (annual)
- ₹485.4 Cr
- P/E (TTM)
- 35.8×Sector 45.6×
- Promoter holding
- 47.69%+0.00% QoQ
- FII holding
- 11.58%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kajaria Ceramics Ltd
All →Kajaria Ceramics Annual General Meeting
Kajaria Ceramics held its 40th AGM on September 15, 2026, approving a Rs. 6 per-share final dividend. Two directors were re-appointed by rotation.
Kajaria Ceramics Other Announcement
Kajaria Ceramics Limited is informing shareholders holding shares in physical mode to furnish their PAN and KYC details in compliance with SEBI master circulars.
Kajaria Ceramics Acquisition Worth ₹12.15 Cr
Kajaria Ceramics signed a shareholders' agreement to acquire equity in Sunsure Solarpark Fourty Three for ₹12.15 Crore. This secures captive solar and wind power supply.
- Value
- ₹12.15 Cr
Kajaria Ceramics Partnership
Kajaria Ceramics entered a shareholders' agreement with Sunsure Energy to source solar and wind power, involving an equity contribution of up to ₹12.15 Crore.
- Value
- ₹12.15 Cr
Kajaria Ceramics Other Announcement
Kajaria Ceramics Limited has submitted its Business Responsibility & Sustainability Report for the financial year 2025-26. This report forms a mandated part of the company's annual disclosure.
Kajaria Ceramics Annual General Meeting
Kajaria Ceramics Limited has scheduled its 40th Annual General Meeting for September 15, 2026. The company proposed a final dividend of Rs. 6 per equity share.