Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Kajaria Ceramics Earnings Call Transcript: Key Takeaways

Kajaria delivered a 20% revenue jump driven by aggressive price hikes to offset surging gas costs, shifting focus to high-volume projects.

Why this was an Alfa AlertRevenue guidance raised from 10.0% to 20.0% (+10pp).
Guidance and delivery
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
Highlights
Revenue growth20% YoY growth driven by pricing and project segment breakthroughs.
MarginsMargins expanded to 19.6%; targeted 18-19% for full year.
Order bookBreakthroughs with major builders providing strong volume visibility.
Demand visibilityStrong outlook for next 9 months with double-digit volume growth.
Management confidenceHigh; 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)
Source

Earnings Call Transcript filed with NSE, NSE: KAJARIACER. Summary written with AI assistance from the document.

Read the document ↗

Kajaria Ceramics Ltd: key numbers

Share price
₹1,218.10
Market cap
₹19,403 Cr
Revenue (annual)
₹4,830 Cr
Net profit (annual)
₹485.4 Cr
P/E (TTM)
35.5×Sector 45.9×
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 →
14:16 IST BSE
Annual General Meeting

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.

17:59 IST NSE
Other Announcement

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.

17:09 IST BSE
Acquisition

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
17:10 IST NSE
Partnership

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