Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Q2 2026 Earnings Presentation
26 slides from Rak Ceramics Pjsc's earnings presentation, August 2026
Slide 1: Earnings Presentation – Q2 & H1 2026 Results
EARNINGS PRESENTATION – Q2 & H1 2026 RESULTS AUGUST 2026
Slide 2: Agenda
Agenda 01 | Executive Summary 02 | Business Highlights 03 | Q2 & H1 2026 Financial Results Update 04 | Trading Update 05 | Closing Remarks 06 | Appendix
Slide 3: Speakers
EARNINGS PRESENTATION Q2 & H1 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 fina
Slide 4: Disclaimer
EARNINGS PRESENTATION Q2 & H1 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 c
Slide 5: Business Highlights
Business Highlights Speaker: Abdallah Massaad Group CEO
Slide 6: Global Business Presence
EARNINGS PRESENTATION Q2 & H1 2026 Global Business Presence Where we sell What we sell (Revenue Mix) Europe Rest of World 22% 6% Middle East 5% Tiles Sanitaryware 58% 14% KSA BANGLADESH Tableware Faucets Others 8% 7% India 10% 10% 15% 3% UAE 42% Capacity 118MN 5MN 36MN 2.6MN Square metres of tiles P
Slide 7: Regional Conflict Update – Q2 Business Impact
REGIONAL CONFLICT UPDATE – Q2 BUSINESS IMPACT EARNINGS PRESENTATION Q2 & H1 2026 WHAT HAS CHANGED SINCE Q1 - IMPACT, RESPONSE & OUTLOOK Crisis management measures established in Q1 2026 continues to remain in place, with continued focus on strict cost control, liquidity management, logistics optimiz
Slide 8: Q2 2026 Business Performance Highlight
EARNINGS PRESENTATION Q2 & H1 2026 Q2 2026 Business Performance Highlight Segment Highlights Tiles & Sanitaryware Market Highlights ▪ UAE: Revenue increased by 22.7% YoY, driven by strong growth in the ▪ Tiles: Revenue grew 1.7% YoY to AED 482.5 million, supported by project and retail channels, dem
Slide 9: Key Strategic Updates – Q2 2026
EARNINGS PRESENTATION Q2 & H1 2026 Key Strategic Updates – Q2 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 f
Slide 10: Q2 & H1 2026 Financial Performance Update
Q2 & H1 2026 Financial Performance Update Speaker: PK Chand Group CFO
Slide 11: Financial Snapshot – Q2 2026
EARNINGS PRESENTATION Q2 & H1 2026 Financial Snapshot – Q2 2026 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 822.8M 41.0% AED 85.7M AED 68.3M 0.5% YoY 40 bps YoY 1.1% YoY 2.9% YoY NET PROFIT After Minority EBITDA NET DEBT Net Debt to EBITDA AED 66.3M AED 157.5M AED 1.52BN 2.48x 1.
Slide 12: Financial Snapshot – H1 2026
EARNINGS PRESENTATION Q2 & H1 2026 Financial Snapshot – H1 2026 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 1.58BN 40.2% AED 138.7M AED 106.5M 1.2% YoY 10 bps YoY 8.3% YoY 7.6% YoY NET PROFIT After Minority EBITDA NET DEBT Net Debt to EBITDA AED 102.2M AED 284.8M AED 1.52BN 2.48x
Slide 13: Revenue Highlights – Q2 2026
EARNINGS PRESENTATION Q2 & H1 2026 Revenue Highlights – Q2 2026 MANAGEMENT COMMENTS TOTAL REVENUE (AED MN) • Q2 2026 revenue stood at AED 822.8 million, with marginal decrease of 0.5% Quarterly Comparison Yearly Comparison year-on-year despite continued regional Q2 25 Q1 26 Q2 26 6M 2025 6M 2026 con
Slide 14: Gross Profit Margin
EARNINGS PRESENTATION Q2 & H1 2026 Gross Profit Margin MANAGEMENT COMMENTS Total Gross Margin (%) Tiles Gross Margin (%) • In Q2 2026, GP margin reached 41.0%, up 40bps YoY and 140bps above budget, driven by strong UAE sales despite raw material, energy and geopolitical cost pressures. Elevated cost
Slide 15: Profitability Bridge
EARNINGS PRESENTATION Q2 & H1 2026 Profitability Bridge Q2 2025 vs Q2 2026 Profit Bridge (AEDM) -1.1% 8.4 1.8 0.9 (5.6) (4.5) (0.1) (1.9) 86.7 85.7 (15.4) 68.3 (2.0) Profit before tax Higher Gross Lower var exp Impact frrom Higher SG&A - Higher Finance Higher other Others Profit before UAE Corporate
Slide 16: Balance Sheet Highlights
EARNINGS PRESENTATION Q2 & H1 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 increased by AED 29 Inventories Trade
Slide 17: Share Price Update
EARNINGS PRESENTATION Q2 & H1 2026 Share Price Update Speaker: PK Chand Group CFO RAK Ceramics PJSC © 2026 All rights reserved 17
Slide 18: Dividend Update
Dividend Update EARNINGS PRESENTATION Q2 & H1 2026 Management comments 30.0% In-line with its dividend policy commitment, the Board proposed to distribute interim cash dividend of 10 fils per share for first half of 2026 (AED 25.0% 99.4million). For 2025-2027, the following Dividend policy was appro
Slide 19: RAK Ceramics Share Price Movement
EARNINGS PRESENTATION Q2 & H1 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 2.40 2.8 2.6 As on 31.07.2026 2.3 2.1 1.8 01-08-2025 22-08-2025 15
Slide 20: Closing Remarks
EARNINGS PRESENTATION Q2 & H1 2026 Closing Remarks Speaker: Abdallah Massaad Group CEO RAK Ceramics PJSC © 2026 All rights reserved 20
Slide 21: 2026 Priorities
EARNINGS PRESENTATION Q2 & H1 2026 2026 Priorities Market share growth & preservation, Operational KLUDI Transformation Business, Operations & Retail Expansion & discipline Risk management Brand awareness Maintain strong foothold in UAE & GCC, Optimize operations Focus on strengthening and capture i
Slide 22: Q&A
EARNINGS PRESENTATION Q2 & H1 2026 Q&A Q&A RAK Ceramics PJSC © 2026 All rights reserved 22
Slide 23: Appendix
EARNINGS PRESENTATION Q2 & H1 2026 APPENDIX RAK Ceramics PJSC © 2026 All rights reserved 23
Slide 24: Financial Highlights
EARNINGS PRESENTATION Q2 & H1 2026 Financial Highlights Quarterly comparison Yearly Comparison Q2 25 Q1 26 Q2 26 6M 2025 6M 2026 QoQ YoY Amount in AED M Amount Amount Amount YoY Growth Amount Amount Growth Growth Revenue 826.8 760.7 822.8 -0.5% 8.2% 1,603.3 1,583.5 -1.2% Gross margin (%) 40.6% 39.4%
Slide 25: EBITDA Working
EARNINGS PRESENTATION Q2 & H1 2026 EBITDA Working Quarterly comparison Yearly comparison Q2 25 Q1 26 Q2 26 6M 2025 6M 2026 Amount in AED M Amount Amount Amount Amount Amount Net profit/(loss) after tax 66.4 38.2 68.3 115.2 106.5 Tax 20.3 14.8 17.4 36.0 32.2 Interest- net 23.7 21.5 23.5 46.8 45.0 Dep
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