Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — FY2025 Earnings Presentation
26 slides from Rak Ceramics Pjsc's earnings presentation, February 2026
Slide 1: Earnings Presentation – Q4 & FY 2025 Results
EARNINGS PRESENTATION – Q4 & FY 2025 RESULTS FEBRUARY 2026
Slide 2: Agenda
Agenda 01 | Executive Summary 02 | Business Highlights 03 | Q4/FY 2025 Financial Results Update 04 | Trading Update 05 | Closing Remarks 06 | Appendix
Slide 3: Speakers
EARNINGS PRESENTATION Q4/FY 2025 Speakers Abdallah Massaad is Group CEO of RAK Pramod Kumar Chand is Group CFO of Ceramics and has more than 27 years RAK Ceramics. Mr. Chand has wide experience in ceramics manufacturing, experience in dealing with corporate sales management, product marketing financ
Slide 4: Disclaimer
EARNINGS PRESENTATION Q4/FY 2025 Disclaimer This information contained in the enclosed presentation summarizes preliminary assessed. No assurance can be given that future events will occur or that the and introductory information on RAK Ceramics PJSC (the Company). This company’s assumptions are cor
Slide 5: Business Highlights
Business Highlights Speaker: Abdallah Massaad Group CEO
Slide 6: Global Business Presence
EARNINGS PRESENTATION Q4/FY 2025 Global Business Presence Where we sell What we sell (Revenue Mix) Europe Rest of World 22% 9% Middle East 6% Tiles Sanitaryware 58% 14% KSA BANGLADESH Tableware Faucets Others 7% 7% India 10% 11% 14% 3% UAE 39% Capacity 118MN 5MN 36MN 2.6MN Square metres of tiles Pie
Slide 7: Q4 2025 Business Performance Highlight
EARNINGS PRESENTATION Q4/FY 2025 Q4 2025 Business Performance Highlight Segment Highlights Tiles & Sanitaryware Market Highlights ▪ UAE: Registered a strong 17.0% YoY revenue growth, supported by sustained momentum in the real estate sector and favorable market ▪ Tiles recorded declined in both volu
Slide 8: Key Challenges – Q4 2025
EARNINGS PRESENTATION Q4/FY 2025 Key Challenges – Q4 2025 Core Markets Key Challenges Our Actions • Our focus is on differentiating through premium products and Import of cheaper products has increased on account of free UAE trade agreements signed between UAE and other countries introducing high-te
Slide 9: Key Strategic Updates - 2025
EARNINGS PRESENTATION Q4/FY 2025 Key Strategic Updates - 2025 • We are focusing on operational cost-optimization • Our Tiles Division is undergoing an upgrade with strategy to strengthen margin resilience and drive cutting-edge technology to manufacture cost efficiencies. differentiated, large-forma
Slide 10: Q4 & FY 2025 Financial Performance Update
Q4 & FY 2025 Financial Performance Update Speaker: PK Chand Group CFO
Slide 11: Financial Snapshot – Q4 2025
EARNINGS PRESENTATION Q4/FY 2025 Financial Snapshot – Q4 2025 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 856.4M 39.1% AED 94.0M AED 65.8M 1.7% YoY 190bps YoY 14.5% YoY 2.5% YoY* * UAE Corporate tax impact 22.8m vs 7.9m in last year NET PROFIT After Minority EBITDA NET DEBT Net D
Slide 12: Financial Snapshot – FY 2025
EARNINGS PRESENTATION Q4/FY 2025 Financial Snapshot – FY 2025 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 3.28BN 40.0% AED 331.8M AED 248.5M 1.6% YoY 70 bps YoY 19.9% YoY 6.2% YoY* * UAE Corporate tax impact 69.8 vs 34.9m in last year NET PROFIT After Minority EBITDA NET DEBT Net
Slide 13: Revenue Highlights – Q4 2025
EARNINGS PRESENTATION Q4/FY 2025 Revenue Highlights – Q4 2025 MANAGEMENT COMMENTS TOTAL REVENUE (AED MN) • Q4 2025 revenue is at AED 856.4m, lower Quarterly Comparison Yearly Comparison by 1.7% year-on year. Q4 25 FY 2025 Q4 24 Q3 25 FY 2024 • Tiles revenue decreased by 4.9% at AED QoQ Amount Amount
Slide 14: Gross Profit Margin
EARNINGS PRESENTATION Q4/FY 2025 Gross Profit Margin MANAGEMENT COMMENTS Total Gross Margin (%) Tiles Gross Margin (%) • Q4 2025 Gross Profit Margin grew by 190 bps year-on-year to 39.1%, primarily driven by higher sales in UAE market. In FY 2025, the Gross Profit Margin improved by 70 bps year- on-
Slide 15: Profitability Bridge
EARNINGS PRESENTATION Q4/FY 2025 Profitability Bridge Q4 2025 vs Q4 2024 Profit Bridge (AEDM) 14.6% 9.1 16.3 4.0 18.7 (5.6) 2.8 (33.3) 94.0 (22.8) 82.1 (5.4) 65.8 Profit before Lower Gross Higher GP Lower variable Fixed SG&A - Lower Finance Higher Other Others Profit before UAE Corporate Rest of wor
Slide 16: Balance Sheet Highlights
EARNINGS PRESENTATION Q4/FY 2025 Balance Sheet Highlights MANAGEMENT COMMENTS WORKING CAPITAL CYCLE (AED MN) WORKING CAPITAL (DAYS) Trade receivables Other receivables Other payables Trade receivables Other receivables Other payables • Overall working capital decreased by AED 89.0 Inventories Trade
Slide 17: Share Price Update
EARNINGS PRESENTATION Q4/FY 2025 Share Price Update Speaker: PK Chand Group CFO RAK Ceramics PJSC © 2026 All rights reserved 17
Slide 18: Dividend Update
Dividend Update EARNINGS PRESENTATION Q4/FY 2025 Management comments 30.0% In-line with its dividend policy commitment, the Board proposed to distribute annual cash dividend of 10 fils per share for second half of 2025 (AED 25.0% 99.4million). For 2025-2027, the following Dividend policy was approve
Slide 19: RAK Ceramics Share Price Movement
EARNINGS PRESENTATION Q4/FY 2025 RAK Ceramics Share Price Movement RAK Ceramics (RAKCEC) Share Price Performance (AED- LTM) AED RAK CERAMICS (RAKCEC) SHARE PRICE PERFORMANCE (AED) WAP 2.50 3.3 52 week high 2.68 3.1 52 week low 2.33 2.63 2.8 2.6 As of 11th Feb 2026 2.3 2.1 1.8 12-02-2025 05-03-2025 2
Slide 20: Closing Remarks
EARNINGS PRESENTATION Q4/FY 2025 Closing Remarks Speaker: Abdallah Massaad Group CEO RAK Ceramics PJSC © 2026 All rights reserved 20
Slide 21: 2026 Priorities
EARNINGS PRESENTATION Q4/FY 2025 2026 Priorities Market share growth KLUDI Transformation Business, Operations & Retail Expansion & and preservation Risk management Brand awareness Maintain strong foothold in UAE Optimize operations Transform KLUDI into a global enhancing efficiencies Focus on stren
Slide 22: Q&A
EARNINGS PRESENTATION Q4/FY 2025 Q&A Q&A RAK Ceramics PJSC © 2026 All rights reserved 22
Slide 23: Appendix
EARNINGS PRESENTATION Q4/FY 2025 APPENDIX RAK Ceramics PJSC © 2026 All rights reserved 23
Slide 24: Financial Highlights
EARNINGS PRESENTATION Q4/FY 2025 Financial Highlights Quarterly comparison Yearly Comparison Q4 24 Q3 25 Q4 25 FY 2024 FY 2025 QoQ YoY Amount in AED M Amount Amount Amount YoY Growth Amount Amount Growth Growth Revenue 870.9 824.9 856.4 -1.7% 3.8% 3,232.0 3,284.6 1.6% Gross margin (%) 37.2% 40.5% 39
Slide 25: EBITDA Working
EARNINGS PRESENTATION Q4/FY 2025 EBITDA Working Quarterly comparison Yearly comparison Q4 24 Q3 25 Q4 25 FY 2024 FY 2025 Amount in AED M Amount Amount Amount Amount Amount Net profit/(loss) after tax 64.2 67.5 65.8 234.1 248.5 Tax 17.8 19.1 28.2 42.6 83.3 Interest- net 26.1 24.7 24.3 110.8 95.8 Depr
Slide 26: Thank You
Thank You CONTACT US If you have any questions or require further information, please visit corporate.rakceramics.com or contact investor relations team at ir@rakceramics.com