ALFA Finder| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | 20% YoY growth achieved in Q1FY27. |
|---|---|
| Margins | EBITDA margin at 19.6%; target 18-19% for full year. |
| Demand visibility | Strong domestic outlook; double-digit volume growth expected for next 9 months. |
| Management confidence | High, citing strong project breakthroughs and distribution network. |
Growth
Revenue grew 20% YoY; Tiles segment up 18%, Bathware up 33%. Volume growth stood at 6%.
Outlook
Guided for double-digit volume growth and 20% value growth in FY27. Announced INR 400 crore total capex.
Risks
High gas price volatility in Morbi; labor shortages during elections; potential demand softness in real estate cycles.
Last quarter's promises, checked
Delivered
- Guided 18-19% margin → delivered 19.19% (= BEAT)
- Guided inventory reduction → cycle improved by 14 days (= BEAT)
- Guided 11% volume growth → delivered 11% (= BEAT)
Partly delivered
- Guided 18-19% margin floor → delivered 19.6% in Q1FY27 (= BEAT)
Earnings Call Transcript filed with BSE, 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.
More from Kajaria Ceramics Ltd
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- Value
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Kajaria Ceramics Capital Structure Change
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Kajaria Ceramics Capital Structure Change
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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
- Guides 10% growth
Kajaria Ceramics Capacity Expansion: ₹34 Cr Investment
Kajaria Ceramics will build a Rs.34 Crore tile adhesive plant in Durgapur, adding 9,000 MT monthly capacity. Completion is targeted by December 2027.
- Value
- ₹34.00 Cr
- Execution
- Expected to be set up by December 2027
- tile adhesive manufacturing capacity
- 9000.0 MT per month
Kajaria Ceramics Capacity Expansion: ₹340 Cr Investment
Kajaria Ceramics' board approved a 12.50 MSM per annum glazed vitrified tile capacity addition at ₹340 Crore. Completion is expected by June 2027, financed through internal accruals and debt.
- Value
- ₹340.0 Cr
- Execution
- Expected to be completed by June 2027
- glazed vitrified tile manufacturing capacity
- 12.5 MSM per annum