Kajaria Ceramics Ltd (KAJARIACER) Q2FY27 Concall Summary - Sep-2026 Qtr
Key Takeaways
- Management will maintain a narrower price gap of 20-25% versus Morbi players, prioritizing market share and absolute EBITDA over higher percentage margins.
- Major capacity expansions in Srikalahasti (12.5 MSM) and Gailpur (11 MSM) are on track and focused on cost-efficient, high-volume GVT production.
- The company guides for sustained double-digit volume growth and stable EBITDA margins around 19.5%, with no further price hikes planned.
Performance Overview
- Achieved a strong 10% year-on-year volume growth, attributed to better demand and market share gains.
- Consolidated revenue saw a significant 24% year-on-year increase, supported by healthy volumes and price hikes.
- EBITDA margin improved to 19.5% for the quarter, reflecting better operational efficiency and pricing strategy.
- Capacity expansion plans at Srikalahasti (12.5 MSM) and Gailpur (11 MSM) are progressing as scheduled.
- Growth was broad-based across all regions and end-user segments, including both retail and project sales.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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Tone & Disclosure
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