Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Q1 2026 Earnings Presentation
24 slides from Rak Ceramics Pjsc's earnings presentation, May 2026
Slide 1: Earnings Presentation – Q1 2026 Results
EARNINGS PRESENTATION – Q1 2026 RESULTS MAY 2026
Slide 2: Agenda
Agenda 01 | Executive Summary 02 | Business Highlights 03 | Q1 2026 Financial Results Update 04 | Trading Update 05 | Closing Remarks 06 | Appendix
Slide 3: Speakers
EARNINGS PRESENTATION Q1 2026 Speakers Abdallah Massaad is Group CEO of RAK Pramod Kumar Chand is Group CFO of Ceramics and has more than 28 years RAK Ceramics. Mr. Chand has wide experience in ceramics manufacturing, experience in dealing with corporate sales management, product marketing finance m
Slide 4: Disclaimer
EARNINGS PRESENTATION Q1 2026 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 correc
Slide 5: Business Highlights
Business Highlights Speaker: Abdallah Massaad Group CEO
Slide 6: Global Business Presence
EARNINGS PRESENTATION Q1 2026 Global Business Presence Where we sell What we sell (Revenue Mix) Europe Rest of World 25% 6% Middle East 4% Tiles Sanitaryware 57% 14% KSA BANGLADESH Tableware Faucets Others 9% 7% India 11% 10% 16% 3% UAE 38% Capacity 118MN 5MN 36MN 2.6MN Square metres of tiles Pieces
Slide 7: Impact of Regional Conflict on Our Business
IMPACT OF REGIONAL CONFLICT ON OUR BUSINESS EARNINGS PRESENTATION Q1 2026 March 2026 IMPACT, RESPONSE & OUTLOOK Centralized crisis management established, with strict cost control (Opex & Capex), enhancing liquidity management, logistics optimization, across the Group and direct all sales efforts to
Slide 8: Q1 2026 Business Performance Highlight
EARNINGS PRESENTATION Q1 2026 Q1 2026 Business Performance Highlight Segment Highlights Tiles & Sanitaryware Market Highlights ▪ UAE: Revenue increased by 0.5% YoY, demonstrating resilience despite ▪ Tiles revenue declined by -3.9% YoY at AED 431.2 Mn, on account of regional geopolitical challenges,
Slide 9: Key Strategic Updates – Q1 2026
EARNINGS PRESENTATION Q1 2026 Key Strategic Updates – Q1 2026 • We are focusing on operational cost-optimization • We remain focused on enhancing our product strategy to strengthen margin resilience and drive portfolio and integrating technology to meet rising cost efficiencies. global demand for co
Slide 10: Q1 2026 Financial Performance Update
Q1 2026 Financial Performance Update Speaker: PK Chand Group CFO
Slide 11: Financial Snapshot – Q1 2026
EARNINGS PRESENTATION Q1 2026 Financial Snapshot – Q1 2026 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 760.7M 39.4% AED 53.0M AED 38.2M 2.0% YoY 30 bps YoY 17.9% YoY 21.9% YoY (Other operating income is lower by AED 6.1m on account of lower provisions write- back and lower gain o
Slide 12: Revenue Highlights – Q1 2026
EARNINGS PRESENTATION Q1 2026 Revenue Highlights – Q1 2026 MANAGEMENT COMMENTS TOTAL REVENUE (AED MN) • Q1 2026 revenue stood at AED 760.7 Quarterly Comparison million, declining 2.0% year-on-year due Q1 25 Q4 25 Q1 26 to ongoing regional conflicts, trade QoQ barriers, and supply chain disruptions.
Slide 13: Gross Profit Margin
EARNINGS PRESENTATION Q1 2026 Gross Profit Margin MANAGEMENT COMMENTS Total Gross Margin (%) Tiles Gross Margin (%) • In Q1 2026, the gross profit margin decreased by 30 basis points year-over-year to 39.4%, primarily attributed to underutilization of manufacturing facilities in the UAE and India re
Slide 14: Profitability Bridge
EARNINGS PRESENTATION Q1 2026 Profitability Bridge Q1 2025 vs Q1 2026 Profit Bridge (AEDM) -6.6% 11.2 5.8 (8.0) 0.3 64.5 (0.2) * 56.6 (6.3) (2.4) (12.0) 53.0 (13.0) (1.8) 38.2 Profit before Lower one-off Like for Like Lower Gross Lower GP Lower freight Higher Fixed Lower Lower Others Profit before U
Slide 15: Balance Sheet Highlights
EARNINGS PRESENTATION Q1 2026 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 4.0 Inventories Trade Paya
Slide 16: Share Price Update
EARNINGS PRESENTATION Q1 2026 Share Price Update Speaker: PK Chand Group CFO RAK Ceramics PJSC © 2026 All rights reserved 16
Slide 17: RAK Ceramics Share Price Movement
EARNINGS PRESENTATION Q1 2026 RAK Ceramics Share Price Movement RAK Ceramics (RAKCEC) Share Price Performance (AED- LTM) AED RAK CERAMICS (RAKCEC) SHARE PRICE PERFORMANCE (AED) WAP 2.49 3.3 52 week high 2.68 3.1 52 week low 2.21 2.43 2.8 2.6 As on 7th May 2026 2.3 2.1 1.8 08-05-2025 29-05-2025 23-06
Slide 18: Closing Remarks
EARNINGS PRESENTATION Q1 2026 Closing Remarks Speaker: Abdallah Massaad Group CEO RAK Ceramics PJSC © 2026 All rights reserved 18
Slide 19: 2026 Priorities
EARNINGS PRESENTATION Q1 2026 2026 Priorities Market share growth & preservation, Operational KLUDI Transformation Business, Operations & Retail Expansion & discipline Risk management Brand awareness Maintain strong foothold in UAE & Optimize operations Focus on strengthening GCC, and capture increm
Slide 20: Q&A
EARNINGS PRESENTATION Q1 2026 Q&A Q&A RAK Ceramics PJSC © 2026 All rights reserved 20
Slide 21: Appendix
EARNINGS PRESENTATION Q1 2026 APPENDIX RAK Ceramics PJSC © 2026 All rights reserved 21
Slide 22: Financial Highlights
EARNINGS PRESENTATION Q1 2026 Financial Highlights Quarterly comparison Q1 25 Q4 25 Q1 26 QoQ Amount in AED M Amount Amount Amount YoY Growth Growth Revenue 776.5 856.4 760.7 -2.0% -11.2% Gross margin (%) 39.7% 39.1% 39.4% -0.3% 0.3% EBITDA 135.6 159.6 127.3 -6.1% -20.2% Profit before tax 64.5 94.0
Slide 23: EBITDA Working
EARNINGS PRESENTATION Q1 2026 EBITDA Working Quarterly comparison Q1 25 Q4 25 Q1 26 Amount in AED M Amount Amount Amount Net profit/(loss) after tax 48.9 65.8 38.2 Tax 15.7 28.2 14.8 Interest- net 23.0 24.3 21.5 Depreciation & amortization 51.9 55.8 54.1 Gain on valuation of land - (11.6) - (Gain) o
Slide 24: 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