Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Q3 & 9M 2025 Earnings Presentation
25 slides from Rak Ceramics Pjsc's earnings presentation, November 2025
Slide 1: Earnings Presentation – Q3 & 9M 2025 Results
EARNINGS PRESENTATION – Q3 & 9M 2025 RESULTS NOVEMBER 2025
Slide 2: Agenda
Agenda 01 | Executive Summary 02 | Business Highlights 03 | Q3/9M 2025 Financial Results Update 04 | Trading Update 05 | Closing Remarks 06 | Appendix
Slide 3: Speakers
EARNINGS PRESENTATION Q3/9M 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 Q3/9M 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 Q3/9M 2025 Global Business Presence Where we sell What we sell (Revenue Mix) Europe Rest of World 23% 8% Middle East 6% Tiles Sanitaryware 57% 15% KSA BANGLADESH Tableware Faucets Others 8% 6% India 11% 11% 14% 3% UAE 38% Capacity 118MN 5MN 36MN 2.6MN Square metres of tiles Pie
Slide 7: Q3 2025 Business Performance Highlight
EARNINGS PRESENTATION Q3/9M 2025 Q3 2025 Business Performance Highlight Segment Highlights Tiles & Sanitaryware Market Highlights ▪ UAE: Registered a strong 6.7% YoY revenue growth, supported by sustained momentum in the real estate sector and favorable market ▪ Tiles revenue recorded growth in both
Slide 8: Key Challenges – Q3 2025
EARNINGS PRESENTATION Q3/9M 2025 Key Challenges – Q3 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 Q3/9M 2025 Key Strategic Updates - 2025 • Our Tiles Division is undergoing an upgrade with cutting- • We are enhancing our retail presence and edge technology to manufacture differentiated, large-format elevating the in-store experience to better engage UAE tiles catering to hi
Slide 10: Q3 & 9M 2025 Financial Performance Update
Q3 & 9M 2025 Financial Performance Update Speaker: PK Chand Group CFO
Slide 11: Financial Snapshot – Q3 2025
EARNINGS PRESENTATION Q3/9M 2025 Financial Snapshot – Q3 2025 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 824.9M 40.5% AED 86.6M AED 67.5M 2.8% YoY 70bps YoY 42.4% YoY 20.7% YoY* * UAE Corporate tax impact 17.3m vs 9.0m in last year NET PROFIT After Minority EBITDA NET DEBT Net D
Slide 12: Financial Snapshot – 9M 2025
EARNINGS PRESENTATION Q3/9M 2025 Financial Snapshot – 9M 2025 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 2.43BN 40.3% AED 237.8M AED 182.8M 2.8% YoY 20 bps YoY 22.2% YoY 7.6% YoY* * UAE Corporate tax impact 46.9m vs 23..0m in last year NET PROFIT After Minority EBITDA NET DEBT N
Slide 13: Revenue Highlights – Q3 2025
EARNINGS PRESENTATION Q3/9M 2025 Revenue Highlights – Q3 2025 MANAGEMENT COMMENTS TOTAL REVENUE (AED MN) • Q3 2025 revenue is at AED 824.9m, higher Quarterly Comparison Yearly Comparison by 2.8% year-on year. Q3 25 9M 2025 Q3 24 Q2 25 9M 2024 • Tiles revenue grew by 2.5% at AED 479.7 QoQ Amount Amou
Slide 14: Gross Profit Margin
EARNINGS PRESENTATION Q3/9M 2025 Gross Profit Margin MANAGEMENT COMMENTS Total Gross Margin (%) Tiles Gross Margin (%) • Q3 2025 Gross Profit Margin declined by 70bps year-on-year to 40.5%, primarily due to pricing pressure in the India and Bangladesh markets amid rising competition. However, for 9M
Slide 15: Profitability Bridge
EARNINGS PRESENTATION Q3/9M 2025 Profitability Bridge Q3 2025 vs Q3 2024 Profit Bridge (AEDM) 42.4% 8.7 8.4 2.4 9.1 9.5 (6.4) 86.6 (17.3) (1.7) (5.9) 60.8 67.5 Profit before tax Higher Gross Lower GP Lower variable Higher SG&A - Lower Finance Higher Other Others (trade Profit before UAE Corporate Re
Slide 16: Balance Sheet Highlights
EARNINGS PRESENTATION Q3/9M 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 increased by AED Inventories Trade Payab
Slide 17: Share Price Update
EARNINGS PRESENTATION Q3/9M 2025 Share Price Update Speaker: PK Chand Group CFO RAK Ceramics PJSC © 2025 All rights reserved 17
Slide 18: RAK Ceramics Share Price Movement
EARNINGS PRESENTATION Q3/9M 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 2.35 2.8 2.55 2.6 As of 10th Nov 2025 2.3 2.1 1.8 11-11-2024 04-12-2024 2
Slide 19: Closing Remarks
EARNINGS PRESENTATION Q3/9M 2025 Closing Remarks Speaker: Abdallah Massaad Group CEO RAK Ceramics PJSC © 2025 All rights reserved 19
Slide 20: 2025 Priorities
EARNINGS PRESENTATION Q3/9M 2025 2025 Priorities Market share growth KLUDI Transformation Retail Expansion & Business, Operations & and preservation Brand awareness Risk management Maintain healthy Transform KLUDI into a global Focus on strengthening retail Optimize operations competition across hig
Slide 21: Q&A
EARNINGS PRESENTATION Q3/9M 2025 Q&A Q&A RAK Ceramics PJSC © 2025 All rights reserved 21
Slide 22: Appendix
EARNINGS PRESENTATION Q3/9M 2025 APPENDIX RAK Ceramics PJSC © 2025 All rights reserved 22
Slide 23: Financial Highlights
EARNINGS PRESENTATION Q3/9M 2025 Financial Highlights Quarterly comparison Yearly Comparison 9M Q3 24 Q2 25 Q3 25 9M 2025 2024 QoQ YoY Amount in AED M Amount Amount Amount YoY Growth Amount Amount Growth Growth Revenue 802.5 826.8 824.9 2.8% -0.2% 2,361.2 2,428.2 2.8% Gross margin (%) 41.2% 40.6% 40
Slide 24: EBITDA Working
EARNINGS PRESENTATION Q3/9M 2025 EBITDA Working Quarterly comparison Yearly comparison Q3 24 Q2 25 Q3 25 9M 2024 9M 2025 Amount in AED M Amount Amount Amount Amount Amount Net profit/(loss) after tax 55.9 66.4 67.5 169.9 182.8 Tax 4.9 20.3 19.1 24.7 55.1 Interest- net 29.7 23.7 24.7 84.7 71.4 Deprec
Slide 25: 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
RAK Ceramics PJSC — Q3 & 9M 2025 Earnings Presentation on 6ix