Kajaria Ceramics Ltd

Kajaria Ceramics Q3 FY26: Margins Improve 442 bps YoY Despite Flat Revenue 📊

• Consolidated Q3 FY26 revenue flat at ₹1,168 crores vs Q3 FY25

• No growth in tile volume reported; plywood sales discontinued due to division closure

• EBITDA margin improved to 17.20% in Q3 FY26, up 442 basis points from 12.78% in Q3 FY25

• EBITDA margin declined 74 basis points sequentially from Q2 FY26 due to discounts

• Profit After Tax (PAT) increased 13% year-over-year to ₹87.72 crores

• Converted Gailpur plant unit (9.10 MSM annual capacity) from Ceramic Floor Tiles to Glazed Vitrified Tiles

• Total consolidated production capacity stands at 87.80 MSM across various plants

• Subsidiaries Kajaria Vitrified and Kajaria Infinity operated at optimum capacity in Q3 FY26

• Kajaria International DMCC operations closed due to high costs and unprofitability

• Exceptional items included financial fraud loss of ₹19.36 crores and gratuity/LE costs of ₹18.30 crores