ALFA Finder| 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
- ₹1,200.00
- Market cap
- ₹19,115 Cr
- Revenue (annual)
- ₹4,830 Cr
- Net profit (annual)
- ₹485.4 Cr
- P/E (TTM)
- 31.7×Sector 44.3×
- Promoter holding
- 46.74%-0.95% QoQ
- FII holding
- 12.05%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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Kajaria Ceramics Earnings Call Transcript: Key Takeaways
Kajaria delivered solid volume growth and margin expansion despite subdued exports from Morbi. Management remains optimistic about double-digit volume growth driven by domestic demand and capacity expansions.
- Call
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