KAJARIACER
Kajaria Ceramics Limited
NSE BSELast Traded Price
₹1196.9
-17.8 (-1.47%)
Open
₹1220
High
₹1226.9
Low
₹1192.4
Prev Close
₹1214.7
Industry
Ceramics
Market Cap
18849.31 Cr
Filing History
Recent corporate announcements and filings for KAJARIACER
Business Update
Positive
2026-10-30 16:14
- Kajaria Ceramics Limited subscribed to 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited on October 30, 2026.
- Acquisition cost is ₹1,21,49,565/- in cash consideration.
- Post-acquisition, the company holds a 19.77% equity stake in Sunsure.
- The investment aims to reduce power costs at the Gailpur and Malootana plants in Rajasthan by shifting to renewable solar and wind power.
Business Update
Positive
2026-10-29 18:56
Current scenario
- Q2 FY27 consolidated revenue grew 24% YoY to INR 1,468 crores supported by healthy volume and price hikes.
- Volume growth stood at 10% YoY, driven by strong domestic demand and market share gains across regions.
- Export demand remained subdued due to elevated freight rates and container availability issues.
Changes in trends
- Gas prices in Morbi rose significantly, forcing unorganized and Morbi players to hike prices by 35%-40%, while North and South prices increased by only 12%-13%, narrowing the price gap between Kajaria and unorganized players from 40% down to 20%-25%.
- Propane prices have also increased, reducing the cost advantage of propane over natural gas in the West.
Management Guidance & Outlook
- Management expects double-digit volume growth to continue for the next two quarters of FY27.
- EBITDA margins are expected to remain stable around current levels (~19.5%), with any extra benefits passed on to gain market share.
- Promoter salaries will continue to be foregone voluntarily.
Capex
- Brownfield expansion plans at Srikalahasti (increased to 12.5 MSM) and Gailpur (11 MSM) are on track, focused heavily on GVT tiles to improve cost efficiency and reduce outsourcing.
Growth Drivers
- Expansion in retail dealer network and deeper penetration into Tier 2 and Tier 3 cities.
- Strong growth momentum in Bathware and Adhesives segments, expected to be margin and ROCE accretive.
Business Update
Neutral
2026-10-29 18:17
- Kajaria Ceramics Limited subscribed to 4,50,00,000 Non-Convertible Redeemable Preference Shares (NCRPS) of Kerovit Global Private Limited (KGPL), a step-down wholly-owned subsidiary, for a cash consideration of ₹45 Crores on October 29, 2026.
- The objective of the subscription is to improve the debt-equity ratio of KGPL.
- KGPL reported a turnover of ₹36.11 Crores and a Loss After Tax of ₹31.65 Crores for the financial year ended March 31, 2026.
Business Update
Neutral
2026-10-26 13:51
- Audio recording of the Conference Call held on October 26, 2026, has been made available.
- The concall pertained to the Unaudited Financial Results for the quarter and half year ended September 30, 2026.
- Web link to access the recording has been uploaded to the company's website.
Routine
Neutral
2026-10-24 19:23
- Trading window for dealing in securities of Kajaria Ceramics will reopen 48 hours after declaration of financial results and interim dividend announced on October 24, 2026.
Business Update
Positive
2026-10-24 19:23
- Consolidated Revenue grew 24% YoY to ₹1,468 Cr driven by 10% volume growth and price hikes.
- EBITDA stood at ₹286.5 Cr with an EBITDA margin of 19.5%.
- Profit After Tax (PAT) increased significantly YoY to ₹253.88 Cr.
- Capacity expansion plans at Srikalahasti and Gailpur remain firmly on track.
- Net debt remained negative, indicating a strong net cash position.
Business Update
Positive
2026-10-24 19:13
- Approved ₹340 Cr expansion at Srikalahasti (+12.50 MSM tiles capacity) by June 2027
- Approved ₹180 Cr expansion at Gailpur (+11 MSM tiles capacity) by April 2027
- Approved ₹34 Cr to set up 9,000 MT/month tile adhesive plant in Durgapur by Dec 2027
- Declared interim dividend of ₹12 per share
Financials
Positive
2026-10-24 19:13
Q2 FY27 Standalone Revenue ₹1,331.90 Cr vs ₹1,079.09 Cr (▲23.4% YoY)
EBITDA ₹233.75 Cr vs ₹172.36 Cr (▲35.6% YoY)
PAT ₹166.28 Cr vs ₹120.72 Cr (▲37.7% YoY)
EBITDA Margin 17.55% vs 15.97% (▲158bps)
Approved Interim Dividend of ₹12 per equity share; Record date: October 29, 2026
Financials
Positive
2026-10-24 19:06
Q2 FY27 Standalone Revenue ₹1,331.90 Cr vs ₹1,079.09 Cr (▲23.4% YoY)
EBITDA ₹233.75 Cr vs ₹172.36 Cr (▲35.6% YoY)
PAT ₹166.28 Cr vs ₹120.72 Cr (▲37.7% YoY)
EBITDA Margin 17.55% vs 15.97% (▲158bps)
- Interim Dividend declared at ₹12 per equity share for FY 2026-27 (Record date: October 29, 2026).
- Approved capex of ₹340 Cr to expand Srikalahasti facility by 12.50 MSM tiles by June 2027.
- Approved revised capex of ₹180 Cr for Gailpur facility (11 MSM tiles expansion) by April 2027.
- Approved ₹34 Cr investment for a new tile adhesive unit at Durgapur by December 2027.
Financials
Positive
2026-10-24 19:06
Q2 FY27 Standalone Revenue ₹1,332Cr vs ₹1,079Cr (▲23% YoY)
EBITDA ₹234Cr vs ₹172Cr (▲36% YoY)
PAT ₹166Cr vs ₹121Cr (▲38% YoY)
EBITDA Margin 17.5% vs 16.0% (▲158bps)
Declared Interim Dividend of ₹12 per share (Record Date: Oct 29, 2026)
Approved ₹554 Cr total capex for capacity expansions at Srikalahasti, Gailpur, and a new facility at Durgapur
Financials
Neutral
2026-10-24 19:03
- Board of Directors approved Unaudited Financial Results for the quarter and half year ended September 30, 2026.
- Detailed financial tables were not provided in the filing extract.
Business Update
Neutral
2026-10-21 18:50
- Kajaria Ceramics Limited has scheduled an institutional investor meet on October 27-28, 2026, in Mumbai.
- The event is organized by Nuvama Institutional Equities.
- No Unpublished Price Sensitive Information (UPSI) will be shared during the meetings.
Business Update
Neutral
2026-10-21 18:50
Concall Schedule
Concall Date: October 27-28, 2026
Concall Time: Not specified
Business Update
Neutral
2026-10-21 16:27
Concall Schedule
Concall Date: October 26, 2026
Concall Time: 9:00 AM (IST)
Purpose: To discuss 2QFY27 results.
Routine
Neutral
2026-10-21 12:39
- Kajaria Ceramics Limited clarified that media reports regarding the potential acquisition of Asian Granito India Limited are speculative.
- The company confirmed it is not in any discussions, negotiations, or plans to acquire Asian Granito India Limited.
- The company remains focused on its core strategic growth initiatives.
Business Update
Neutral
2026-10-19 12:53
Concall Schedule
Concall Date: October 24, 2026
Concall Time: 7:00 PM (IST)
Routine
Neutral
2026-09-26 15:52
- Trading window for dealing in securities will be closed from October 1, 2026.
- It will reopen 48 hours after declaration of financial results for the quarter and half year ending September 30, 2026.
Routine
Neutral
2026-09-10 18:06
- Filing on mandatory PAN & KYC updates for physical shareholders as per SEBI Master Circular dated February 6, 2026. Non-compliant folios will be restricted from services and dividend payments from April 1, 2024. A special window for dematerialization of physical shares is open until February 4, 2027.
Business Update
Positive
2026-09-02 17:05
- Kajaria Ceramics Limited approved an investment of up to ₹12.15 Crores in the equity shares of Sunsure Solarpark Fourty Three Private Limited.
- This investment is for captive consumption of solar and wind power at the Company's plants in Gailpur and Malootana, Rajasthan, aimed at reducing power costs and promoting environment-friendly energy.
Business Update
Positive
2026-08-06 18:41
- Kajaria Ceramics acquired 44,11,764 Compulsorily Convertible Preference Shares (CCPS) of its wholly-owned subsidiary, Kajaria Bathware Private Limited (KBPL), from Aravali Investment Holdings for ₹50 Crores on August 6, 2026.
- This acquisition makes KBPL 100% owned (equity and CCPS) by Kajaria Ceramics, consolidating full control.
- KBPL, a bathware manufacturer, reported a turnover of ₹413.64 Crores for FY26.
Business Update
Neutral
2026-08-05 14:35
- Investor Conference Schedule
- Conference Date: August 11-12, 2026
- Conference Details: Nuvama India Conference 2026 (SG Edition) in Singapore, involving one-on-one/group meetings with investors.
- Attendees: Mr. Chetan Kajaria (Vice Chairman) and Mr. Sanjeev Agarwal (Chief Financial Officer).
Business Update
Positive
2026-08-03 17:43
- Management is confident of achieving double-digit volume growth for the next nine months of FY27, with full-year FY27 revenue growth expected to be 20%+, driven by 10% volume and 10% value.
- Full-year FY27 EBITDA margin is guided at 18-19%, targeting over ₹1,000 crores in EBITDA.
- Planned Capex for FY27 is approximately ₹400 crores, including a 10 MSM brownfield expansion at Srikalahasti (₹210 Cr) and an 11 MSM line at Gailpur, Rajasthan (₹165 Cr), which are expected to deliver cost and opex efficient, high-quality products.
- The company acquired the remaining 15% stake in its Bathware brand 'Kerovit', which is scaling with purpose and expects 35-40% value growth for the year.
- The Adhesives business is on track for faster growth, driven by a shift towards branded products due to narrowing price differentials between organized and unorganized players.
- Strategic focus includes strengthening distribution, expanding the dealer network, and aggressively pursuing projects for growth, with exports remaining less than 1% of turnover.
- Working capital cycle improved by 5 days to 46 days as of June 30, 2026.
Business Update
Neutral
2026-07-31 20:14
- Audio recording of the Conference Call held on July 31, 2026, concerning the Unaudited Financial Results for the quarter ended June 30, 2026, has been submitted to the exchanges.
- The recording is available on the Company's website via the provided web-link.
Routine
Neutral
2026-07-31 14:36
- Trading Window for Kajaria Ceramics Limited opened after 48 hours from the announcement of Unaudited Financial Results for the quarter ended June 30, 2026.
- The Board Meeting to declare these results was held on July 31, 2026.
Financials
Positive
2026-07-31 14:33
- Consolidated Revenue ₹1328.08 Cr vs ₹1104.33 Cr (▲20.26% YoY)
- EBITDA ₹260.33 Cr vs ₹184.63 Cr (▲40.99% YoY)
- PAT ₹169.46 Cr vs ₹108.98 Cr (▲55.49% YoY)
- EBITDA Margin 19.60% vs 16.72% (▲288bps)
- Company completed a buyback of 21,50,000 equity shares for ₹296.70 crore.
- Announced further brownfield expansion of 11 MSM at Gailpur (Rajasthan) facility.
Financials
Positive
2026-07-31 14:23
- Board approved Unaudited Financial Results for the quarter ended June 30, 2026.
- Approved expansion of Gailpur manufacturing facility by 11 MSM tiles capacity at a cost of ₹165 Cr, expected by April 2027.
- Approved investment of ₹12.15 Cr in Sunsure Solarpark for captive solar and wind power consumption.
Financials
Positive
2026-07-31 14:20
- Standalone Revenue ₹1,190.08Cr vs ₹1,007.32Cr (▲18.14% YoY)
- EBITDA ₹219.22Cr vs ₹145.96Cr (▲50.19% YoY)
- PAT ₹155.77Cr vs ₹99.67Cr (▲56.28% YoY)
- EBITDA Margin 18.42% vs 14.49% (▲393bps)
- Approved expansion of Gailpur manufacturing facility by 11 MSM tiles at a cost of ₹165 Cr, expected by April 2027.
- Approved investment of ₹12.15 Cr in Sunsure Solarpark for captive solar and wind power, aiming to reduce power costs, to be completed in approx. 15 months.
Financials
Positive
2026-07-31 14:17
- Consolidated Revenue from Operations ₹1,328.08 Cr vs ₹1,102.74 Cr (▲20.43% YoY)
- EBITDA ₹278.64 Cr vs ₹201.00 Cr (▲38.63% YoY)
- PAT ₹171.03 Cr vs ₹110.31 Cr (▲55.04% YoY)
- EBITDA Margin 20.98% vs 18.23% (▲275bps)
- Approved expansion of manufacturing facility at Gailpur (Rajasthan) by 11 MSM tiles annual capacity for ₹165 Cr, expected by April 2027.
- Approved investment of upto ₹12.15 Cr in Sunsure Solarpark Fourty Three Private Limited for solar and wind power captive consumption to reduce power costs.
Governance
Negative
2026-07-27 17:57
CRITICAL RED FLAG DETECTED
- Mr. Ashish Goel, Chief Human Resources Officer (CHRO) and part of the Senior Management, has resigned from the Company.
- His resignation is due to personal/health reasons and is effective from July 27, 2026.
Business Update
Neutral
2026-07-23 17:17
- Concall Schedule
- Concall Date: Friday, July 31, 2026
- Concall Time: 4:30 p.m. (IST)
- To discuss the company's financial results for the quarter ended June 30, 2026 (1QFY27).
- Universal Access Number: +91 22 6280 1224/+91 22 7115 8125.
Ownership
Positive
2026-07-22 15:45
- Kajaria Ceramics Limited has completed the extinguishment of 21,50,000 Equity Shares of Re. 1/- each following its buyback offer.
- The extinguishment reduces the total paid-up equity share capital from 15,92,93,050 shares to 15,71,43,050 shares.
- The buyback process was in compliance with SEBI Buyback Regulations.
Ownership
Positive
2026-07-20 12:43
- Kajaria Ceramics Limited completed its buyback, acquiring 21,50,000 equity shares at ₹1,380 each.
- A total of ₹296.70 Crores was utilized for the buyback.
- The extinguishment of the bought-back shares is underway and expected to be completed by July 27, 2026.
Ownership
Positive
2026-07-01 11:49
- Kajaria Ceramics Limited announced a buyback of upto 21,50,000 equity shares, representing 1.35% of its total paid-up equity capital.
- The buyback is through a tender offer at a price of ₹1,380 per share, for an aggregate maximum amount not exceeding ₹296.70 crores.
- The Record Date for eligible shareholders was June 29, 2026.
- The Buyback Offer opens on July 3, 2026, and closes on July 9, 2026.
Ownership
Neutral
2026-06-27 11:51
- Allotment of 20,760 equity shares of Re. 1 each at Rs. 980 per share under Kajaria Employee Stock Option Scheme 2015 on June 27, 2026.
- Post-allotment, the paid-up share capital increased from 15,92,72,290 to 15,92,93,050 equity shares.
Ownership
Neutral
2026-06-27 11:48
- Kajaria Ceramics allotted 20,760 equity shares of Re. 1 face value at Rs. 980 each, under its ESOP Scheme 2015 on June 27, 2026.
- Post-allotment, the paid-up capital increased from 15,92,72,290 to 15,92,93,050 equity shares.
Routine
Neutral
2026-06-26 17:08
- The trading window for dealing in Kajaria Ceramics Limited securities will close from July 1, 2026.
- It will reopen 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
Ownership
Positive
2026-06-25 10:55
- Kajaria Ceramics Limited announced a buyback of up to 21,50,000 fully paid-up equity shares (1.35% of total paid-up capital as of March 31, 2026).
- The buyback offer price is ₹1380 per equity share, through a tender offer process.
- The aggregate buyback amount will not exceed ₹296.70 crores (excluding transaction costs).
- The Board of Directors approved the buyback on April 30, 2026, and shareholders approved it via special resolution on June 22, 2026.
- Promoters and Promoter Group have expressed their intention not to participate in the buyback.
Governance
Positive
2026-06-24 11:18
- Kajaria Ceramics Limited declared Postal Ballot results on April 20, 2026.
- Both resolutions for re-appointment of Independent Directors (Ms. Rita Bhartia, Mr. Devendra Kumar Gupta) were passed.
- All resolutions received 100% votes in favour.
Governance
Positive
2026-06-23 12:51
- Special Resolution for buyback of upto 21.50 lakh equity shares at ₹1380 per share (totaling ₹296.70 Cr) passed via postal ballot by Kajaria Ceramics Limited.
- The resolution received 97.82% of votes in favour.
Governance
Positive
2026-06-23 12:41
- Kajaria Ceramics Limited announced the passing of a Special Resolution by Postal Ballot on June 23, 2026.
- The resolution approves the buyback of up to 21,50,000 Equity Shares at ₹1380 per share, amounting to approximately ₹296.70 crores, through a Tender Offer route.
- The resolution was passed with a requisite majority, with 97.82% of votes cast in favour.
Business Update
Neutral
2026-06-17 14:26
- Investor Meet Schedule
- Meet Date: June 22-23, 2026
- Location: Mumbai
- Participants: Chairman Mr. Ashok Kajaria and CFO Mr. Sanjeev Agarwal
- Note: No Unpublished Price Sensitive Information (UPSI) will be shared.
Ownership
Positive
2026-06-16 16:24
- Record Date for proposed Buyback fixed as June 29, 2026.
- Company plans to buy back up to 2,150,000 Equity Shares at ₹1380 per share via tender offer.
Routine
Neutral
2026-06-09 14:20
- Kajaria Ceramics Limited published a notice on June 09, 2026, in Business Standard (English & Hindi), regarding the transfer of unclaimed equity shares and unpaid dividends for seven consecutive years or more to the IEPF Authority.
- The due date for transfer is September 17, 2026.