Kajaria Ceramics Q1 Net Profit Rises 56% YoY

Standalone Financial Results for Quarter Ended June 30, 2026 (₹ in crores):

Total Income: ₹1,212.39 (Q1 2026) vs ₹1,025.96 (Q1 2025) - 18.2% increase YoY
Revenue from Operations: ₹1,190.08 (Q1 2026) vs ₹1,007.32 (Q1 2025)
Other Income: ₹22.31 (Q1 2026) vs ₹18.64 (Q1 2025)
Total Expenses: ₹1,002.99 (Q1 2026) vs ₹891.90 (Q1 2025)
Profit Before Tax: ₹209.40 (Q1 2026) vs ₹134.06 (Q1 2025) - 56.2% increase YoY
Tax Expense: ₹53.63 (Q1 2026) vs ₹34.39 (Q1 2025)
Profit for the Period: ₹155.77 (Q1 2026) vs ₹99.67 (Q1 2025) - 56.3% increase YoY
Basic EPS: ₹9.78 (Q1 2026) vs ₹6.26 (Q1 2025)
Diluted EPS: ₹9.77 (Q1 2026) vs ₹6.25 (Q1 2025)
Paid-up Equity Share Capital: ₹15.93 crores (face value ₹1 per share)

Consolidated Financial Results for Quarter Ended June 30, 2026 (₹ in crores):

Total Income: ₹1,346.22 (Q1 2026) vs ₹1,116.98 (Q1 2025)
Revenue from Operations: ₹1,328.08 (Q1 2026) vs ₹1,102.74 (Q1 2025)
Other Income: ₹17.14 (Q1 2026) vs ₹13.24 (Q1 2025)
Total Expenses: ₹1,114.94 (Q1 2026) vs ₹964.71 (Q1 2025)
Profit Before Tax: ₹231.40 (Q1 2026) vs ₹152.17 (Q1 2025)
Tax Expense: ₹60.32 (Q1 2026) vs ₹39.61 (Q1 2025)
Profit for the Period: ₹171.08 (Q1 2026) vs ₹112.56 (Q1 2025)
Basic EPS: ₹10.64 (Q1 2026) vs ₹6.98 (Q1 2025)
Diluted EPS: ₹10.63 (Q1 2026) vs ₹6.98 (Q1 2025)

Investment Amount: Up to ₹12.15 crores in equity shares
Industry: Renewable energy generation (solar and wind power)
Status: Not commenced commercial production
Related Party Transaction: Not a related party transaction; promoter/promoter group/group companies have no interest
Purpose: To reduce power costs at Gailpur and Malootana (Rajasthan) plants by shifting to cost-effective and environmentally friendly solar and wind power
Captive Use: Investment required under Electricity Act as captive user
Government Approvals: Not applicable
Completion Timeline: Approximately 15 months
Consideration: Cash consideration
Expected Shareholding: Below 20% on completion (percentage equivalent to Contracted Capacity ratio)
Company Background: Incorporated January 7, 2025; no commercial production yet; presence in India

Buyback Update: The Board had previously approved (April 30, 2026) buyback of up to 21,50,000 equity shares (face value ₹1 each) at ₹1,380 per share for aggregate amount not exceeding ₹296.70 crores, approved by shareholders. Subsequent to quarter ended June 30, 2026, the company paid buyback consideration to eligible shareholders, while certain procedural and regulatory compliances remain in progress.
Discontinued Operations: The group discontinued operations of Kajaria Plywood Private Limited (wholly owned subsidiary) in FY 2024-25 due to lack of strategic fit and continued losses.
Segment Information: Business falls within single segment (Ceramics & Tiles); other businesses (adhesive, bath/ware, sanitaryware) are not separately reportable.

The consolidated results include the following entities:

1. Kajaria Bathware Private Limited (Subsidiary)

2. Kajaria International FZCO (Subsidiary)

3. South Asian Ceramics Tiles Private Limited (Subsidiary)

4. Kajaria Surfaces Private Limited (Subsidiary)

5. Kajaria Adhesive Private Limited (Subsidiary)

6. Kajaria Sanitaryware Private Limited (Step down subsidiary)

7. Kerovit Global Private Limited (Step down subsidiary)

8. Kajaria RMF Trading LLC (Joint Venture)

9. Kajaria Ramesh Tiles Limited (Joint Venture)

Eight subsidiaries with total revenues of ₹223.73 crores and net profit after tax of ₹9.71 crores were reviewed by other auditors
Two joint ventures with share of net profit after tax of ₹1.12 crores were reviewed by other auditors
One subsidiary and two joint ventures located outside India; financial results converted from local GAAP to Indian accounting principles by management