Stock Report

Kajaria Ceramics Reports Strong Q1 FY27 Growth with Consolidated Net Profit Up 55% YoY

Posted On : 2026-07-31 22:52:00( TIMEZONE : IST )

India's largest manufacturer of ceramic and vitrified tiles, Kajaria Ceramics Limited, has published its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company demonstrated significant growth across its top-line and bottom-line numbers, driven by strong tile demand and expanded revenues in allied product segments.

Consolidated Performance Overview

On a consolidated level, Kajaria Ceramics reported revenue from operations of Rs. 1,328.08 crore for Q1 FY27, representing a 20.43% year-over-year expansion compared to Rs. 1,102.74 crore in Q1 FY26 (quarter ended June 30, 2025). Total consolidated income reached Rs. 1,346.22 crore, boosted by an other income contribution of Rs. 17.14 crore.

                  Consolidated Revenue Performance
                          (Rs. in Crores)

    1,400 ┬────────────────────────────────────────────────────────
          │                                           ┌──────────┐
    1,300 ┼───────────────────────────┌──────────┐    │ 1,328.08 │
          │                           │ 1,373.35 │    │          │
    1,200 ┼───────────┌──────────┐    │          │    │          │
          │           │ 1,102.74 │    │          │    │          │
    1,100 ┴───────────┴──────────┴────┴──────────┴────┴──────────┴─
                       Q1 FY26         Q4 FY26         Q1 FY27

Expenses and Profitability Breakdown

Total consolidated expenses for the quarter stood at Rs. 1,114.94 crore, compared to Rs. 964.71 crore in the corresponding period of the previous year. Major cost heads included:

Power and Fuel Expenses: Rs. 270.45 crore (up from Rs. 223.95 crore in Q1 FY26)

Purchases of Stock-in-Trade: Rs. 262.26 crore (up from Rs. 220.72 crore in Q1 FY26)

Cost of Materials Consumed: Rs. 252.81 crore (compared to Rs. 259.38 crore in Q1 FY26)

Employee Benefits Expense: Rs. 139.52 crore (vs. Rs. 136.01 crore in Q1 FY26)

Depreciation & Amortization: Rs. 42.24 crore

Finance Costs: Rs. 5.00 crore

Bottom-Line Highlights

Profit Before Tax (Continuing Operations): Climbed 52.07% year-over-year to Rs. 231.40 crore, compared to Rs. 152.17 crore in Q1 FY26.

Tax Provision: Stood at Rs. 60.32 crore (current tax of Rs. 60.35 crore and deferred tax credit of Rs. 0.03 crore).

Net Profit for the Period (Total Operations): Advanced 55.05% year-over-year to Rs. 171.03 crore, up from Rs. 110.31 crore in Q1 FY26 and Rs. 156.56 crore in Q4 FY26.

Attributable Profit: Profit attributable to owners of the parent company stood at Rs. 169.46 crore, while Non-Controlling Interests accounted for Rs. 1.57 crore.

Earnings Per Share (EPS): Basic and diluted EPS for continuing and discontinued operations combined rose to Rs. 10.64 per share (face value Rs. 1/- each), compared to Rs. 6.84 in Q1 FY26.

Segment-Wise Performance Analysis

Tiles Segment

The flagship Tiles division maintained its position as the key growth engine, generating Rs. 1,159.40 crore in segment revenue during Q1 FY27, up 17.54% YoY from Rs. 986.35 crore in Q1 FY26. Segment results (profit before tax, finance costs, and unallocables) for Tiles surged 46.62% YoY to Rs. 197.42 crore, compared to Rs. 134.65 crore in Q1 FY26.

Others (Allied Products)

Segment revenue from allied products and other businesses surged 44.93% year-over-year to Rs. 168.68 crore (up from Rs. 116.39 crore in Q1 FY26). Segment results more than doubled to Rs. 20.72 crore, up from Rs. 8.57 crore in the same period last year.

Standalone Performance Summary

On a standalone basis, Kajaria Ceramics posted revenue from operations of Rs. 1,190.08 crore in Q1 FY27, marking an 18.14% year-over-year increase over Rs. 1,007.32 crore in Q1 FY26.

Total Standalone Income: Rs. 1,212.39 crore (vs. Rs. 1,025.96 crore in Q1 FY26)

Total Expenses: Rs. 1,002.99 crore (vs. Rs. 891.90 crore in Q1 FY26)

Profit Before Tax: Reached Rs. 209.40 crore, expanding 56.20% YoY from Rs. 134.06 crore in Q1 FY26.

Net Profit After Tax: Rose 56.28% YoY to Rs. 155.77 crore, compared to Rs. 99.67 crore in Q1 FY26 and Rs. 143.35 crore in Q4 FY26.

Standalone EPS: Stood at Rs. 9.78 per share (Basic) and Rs. 9.77 per share (Diluted).

Financial Position

As of June 30, 2026:

Total Consolidated Assets: Stood at Rs. 4,279.29 crore (comprising Tiles assets of Rs. 2,665.41 crore, Allied segment assets of Rs. 465.67 crore, and Unallocable assets of Rs. 1,148.21 crore).

Total Consolidated Liabilities: Came in at Rs. 975.27 crore.

Paid-Up Share Capital: Remained at Rs. 15.93 crore (Equity shares of face value Rs. 1/- each).

Consolidated Other Equity: Recorded at Rs. 3,049.65 crore as per the preceding fiscal year balance sheet.

Shares of Kajaria Ceramics Limited was last trading in BSE at Rs. 1197.35 as compared to the previous close of Rs. 1191.80. The total number of shares traded during the day was 46275 in over 2335 trades.

The stock hit an intraday high of Rs. 1231.95 and intraday low of 1180.00. The net turnover during the day was Rs. 55963220.00.