Kajaria Ceramics Limited · NSE:KAJARIACER
Kajaria Ceramics — Q1 FY27 Earnings Presentation
18 slides from Kajaria Ceramics's earnings presentation, Jul 31, 2026
Slide 1: Investor Update Q1 FY27
KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q1 FY27 31st July, 2026 KAJARIA CERAMICS LIMITED 1 of 18 INVESTOR UPDATE | Q1 FY27
Slide 2: Content
CONTENT Chairman’s Message Financial Performance – Q1 FY27 Subsidiaries Update Expansions on card Income Statement Shareholding Pattern Note: The Company has disclosed the plywood operations (Kajaria Plywood Pvt. Ltd.) separately as discontinued business but for ease of comparison, we ha
Slide 3: Chairman's Message
CHAIRMAN’S MESSAGE In Q1 FY27 we achieved 6% yoy volume growth due to very weak April. However, our consolidated revenue increased by 20% to Rs. 1328 crores, compared to the corresponding quarter last year, mainly due to price increase. EBITDA margin for Q1 FY27 stood at 19.60%. Buyback of 21,50,000
Slide 4: Tile Volume Data (Consolidated)
TILE VOLUME DATA (Consolidated) Production Growth (MSM) - Q1 FY27 Production Growth (MSM) - FY26 21.43 87.90 20.89 84.59 6.21 25.06 5.82 23.71 15.22 15.07 62.84 60.88 Q1 FY26 Q1 FY27 FY25 FY26 Own Manufacturing Subsidiaries Own Manufacturing Subsidiaries Sales Growth (MSM) – Q1 FY27 Sales Growth (MS
Slide 5: Revenue Growth (Consolidated)
REVENUE GROWTH (Consolidated) 4832.50 169.00 Rs. / Crores 4683.24 136.43 76.83 1328.08 386.20 413.64 92.21 363.47 45.05 110.53 275.67 91.02 48.17 2.14 94.51 315.51 261.21 121.50 1104.33 83.71 - 1055.20 110.53 1043.44- 24.92 91.47 91.47 91.47 91.47 1.59 289.40 Adheshives Adheshives Sanitary ware / Fa
Slide 6: Profitability (Consolidated)
PROFITABILITY (Consolidated) PBT* Rs. / Crores PAT 169.46 230.23 108.98 149.02 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 722.78 485.41 449.71 294.35 FY25 FY26 FY25 FY26 *Profit before share of profit /(loss) from JV, exceptional items and tax KAJARIA CERAMICS LIMITED 6 of 18 INVESTOR UPDATE | Q1 FY27
Slide 7: EBITDA/EBITDA Margin (Consolidated)
EBITDA/EBITDA Margin (Consolidated) Quarterly Progression 300 30% 263.52 260.33 250 25% 212.90 200.90 19.60 200 19.19 20% 184.63 Rs./ Crores 17.94% 17.20% 16.72% 150 15% 100 10% 50 5% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 EBITDA (Rs. / Crores) EBITDA Margin (%) KAJARIA CERAMICS LIMITED 7 of 18 INV
Slide 8: Key Ratios (Consolidated): Net Debt
KEY RATIOS (Consolidated) Net Debt (Rs. Crore) * Net Debt Equity(X) * Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 -236 -0.10 -349 -424 -0.13 -0.15 -0.25 -793 -0.30 -985 * Net of cash and cash equivalents KAJARIA CERAMICS LIMITED 8 of 18 INVESTOR UPDATE | Q1 FY27
Slide 9: Key Ratios (Consolidated): Working Capital, ROE, ROCE
KEY RATIOS (Consolidated) Working Capital (Rs. Crore) Return on Equity (Avg.) 21.51 635 643 628 667 653 641 17.06 16.71 592 564 15.57 15.57 544 551 368 310 302 320 277 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Debtors Inventory Creditors Working Capital (Days) ROCE (Avg.)
Slide 10: Subsidiaries
SUBSIDIARIES A. KAJARIA VITRIFIED PVT. LTD. Kajaria Vitrified Pvt. Ltd. is based in Morbi (Gujarat). Kajaria has 95% stake in the same. The company has annual capacity of 8.90 MSM of polished vitrified tiles. The Company has operated at optimum capacity during Q1 FY27. B. KAJARIA INFINITY PVT. LTD.
Slide 11: Subsidiaries: Kajaria Bathware
SUBSIDIARIES E. KAJARIA BATHWARE (P) LTD. (KBPL) Kajaria Bathware is a subsidiary of Kajaria Ceramics Ltd, in which Kajaria owns 85% and Aravali Investment Holdings (Aravali), Mauritius, a wholly-owned subsidiary of WestBridge Crossover Fund, LLC owns 15% stake (CCPS). The Board, at its meeting held
Slide 12: Subsidiaries: International and Nepal JV
SUBSIDIARIES F. KAJARIA INTERNATIONAL FZCO (wholly owned subsidiary) Kajaria International FZCO was established to expand its presence in the international market. The company has undertaken two joint ventures – one in UAE and the other in UK. As we realized that running expenses of showrooms in UK
Slide 13: Subsidiaries / Division: Adhesive Segment
SUBSIDIARIES / DIVISION H. ADHESIVE SEGMENT One manufacture facility for tile adhesives having capacity of 9000 MT per month is operational in Gailpur, Rajasthan. Kajaria Adhesive Private Limited (‘KAPL’), a wholly owned subsidiary of Kajaria Ceramics has put up one new manufacturing facility of til
Slide 14: Geographical Spread: Manufacturing Presence Overview
GEOGRAPHICAL SPREAD MANUFACTURING PRESENCE OVERVIEW – Tile Capacity 82.70 MSM* 35.95 MSM (Gailpur, Rajasthan) 6.50 MSM (Malootana, Rajasthan) 8.80 MSM* 5.10 MSM (Sikandrabad, U P) (Nawalparasi, Nepal) 6 MSM (Kajaria Surfaces (Keronite Tiles), Morbi, Gujarat) 4.75 MSM Production Capacity (MSM) 3.00 M
Slide 15: Expansions on card
Expansions on card….. Srikalahasti Plant (Andhra Pradesh) The Board, at its meeting held on 30 April 2026, considered a brownfield expansion at Srikalahasti at an approximate cost of ₹210 crore for putting up 10 MSM capacity of Glazed Vitrified Tiles. This expansion is expected to be completed by Ma
Slide 16: Income Statement
INCOME STATEMENT Financial highlights (Rs / Crores) Q1 FY27 Q1 FY26 Growth FY26 FY25 Growth Standalone Consolidated Standalone Consolidated Standalone Consolidated Standalone Consolidated Standalone Consolidated Standalone Consolidated Total Sales 1,190.08 1,328.08 1,007.32 1,104.33 18% 20% 4,374.31
Slide 17: Shareholding Pattern
SHAREHOLDING PATTERN As on 30th Jun. 2026 Equity Shares Outstanding– 159.27 millions Public / Others 14.48% Promoter Group 47.69% DII's 26.25% FII's 11.58% Promoter Group FII's DII's Public / Others KAJARIA CERAMICS LIMITED 17 of 18 INVESTOR UPDATE | Q1 FY27
Slide 18: About Us
ABOUT US Kajaria Ceramics is the largest manufacturer of ceramic/vitrified tiles in India. It has annual capacity of 82.70* mn. sq. meters presently, distributed across eight plants - one at Sikandrabad (Uttar Pradesh), one at Gailpur, one at Malootana (Rajasthan), three at Morbi (Gujarat), one at S