Integrated Filing — IndAS



General information about company

Scrip Code 500233
NSE Symbol KAJARIACER
MSEI Symbol NOTLISTED
ISIN INE217B01036
Name of company KAJARIA CERAMICS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 24-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 24-10-2026   17:30:00
End date and time of board meeting 24-10-2026   18:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,46,826.00 2,79,634.00
Other income 1,576.00 3,290.00
Total income 1,48,402.00 2,82,924.00
2 Expenses
(a) Cost of materials consumed 28,818.00 54,099.00
(b) Purchases of stock-in-trade 32,908.00 59,134.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,160.00) 543.00
(d) Employee benefit expense 14,077.00 28,029.00
(e) Finance costs 528.00 1,028.00
(f) Depreciation, depletion and amortisation expense 4,310.00 8,534.00
(f) Other Expenses
1 Power and fuel 29,777.00 56,822.00
2 Other expenses 13,745.00 26,308.00
Total other expenses 43,522.00 83,130.00
Total expenses 1,23,003.00 2,34,497.00
3 Total profit before exceptional items and tax 25,399.00 48,427.00
4 Exceptional items (155.00) (155.00)
5 Total profit before tax 25,244.00 48,272.00
6 Tax expense
7 Current tax 6,405.00 12,440.00
8 Deferred tax 17.00 14.00
9 Total tax expenses 6,422.00 12,454.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 18,822.00 35,818.00
12 Profit (loss) from discontinued operations before tax (11.00) (16.00)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax (11.00) (16.00)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 261.00 373.00
16 Total profit (loss) for period 19,072.00 36,175.00
17 Other comprehensive income net of taxes (13.00) (23.00)
18 Total Comprehensive Income for the period 19,059.00 36,152.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 18,952.00 35,898.00
Total profit or loss, attributable to non-controlling interests 120.00 277.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 18,939.00 35,875.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 120.00 277.00
21 Details of equity share capital
Paid-up equity share capital 1,571.00 1,571.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 12.03 22.67
Diluted earnings (loss) per share from continuing operations 12 22.63
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.01 -0.01
Diluted earnings (loss) per share from discontinued operations -0.01 -0.01
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 12.02 22.66
Diluted earnings (loss) per share from continuing and discontinued operations 11.99 22.62
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above consolidated financial results the Statement, Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 24 October 2026 and subjected to a limited review by the statutory auditors. 2 The above results have been prepared in accordance with the Indian Accounting Standards Ind AS as notified under the Companies Indian Accounting Standards Rules, 2015 as amended, specified under section 133 of the Companies Act, 2013. 3 The Board of Directors have declared an interim dividend of Rs. 8 per equity share of face value of Re. 1 each for the financial year 2026 27. 4 The Board of Directors, at its meeting held on 24 October 2026, approved setting up a greenfield manufacturing facility at Durgapur, West Bengal for tiles adhesive products, with production capacity of 9,000 MT per month, at an approximate cost of Rs. 34 crore, which is expected to be completed by December 2027. 5 The Board has approved the revision in the proposed expansion at the Srikalahasti, Andhra Pradesh facility, earlier approved at its meeting held on 30th April 2026, from 10 MSM to 12.5 MSM capacity of Glazed Vitrified Tiles, with the approximate investment revised from Rs. 210 crores to Rs. 340 crores, which is expected to be completed by June 2027. 6 The Board of Directors, at its meeting held on 30 April 2026, approved the buyback of up to 21,50,000 fully paid-up equity shares of face value Re. 1 each at a price of Rs. 1,380 per share, for an aggregate amount not exceeding Rs. 296.70 crores. The shareholders approved the buyback through postal ballot. During the quarter ended 30 September 2026, the Holding Company completed the buyback. It paid the buyback consideration to the eligible shareholders and extinguished 21,50,000 equity shares. All procedural and regulatory compliances relating to the buyback have been completed. 7 During the quarter ended 30 September 2026, the Holding Company acquired the entire 44,11,764 Compulsorily Convertible Preference Shares, CCPS of Kajaria Bathware Private Limited, KBPL, a subsidiary, from Aravali Investment Holdings for a consideration of Rs. 50.00 crore. KBPL is now a wholly owned subsidiary, with 100 percent of its equity shares and CCPS held by the Holding Company. 8 Exceptional items of Rs. 1.55 crores for the quarter and half year ended 30 September 2026 represents provision for impairment loss recognised by Kajaria International FZCO, wholly owned subsidiary in respect of the loan given to its joint venture, Kajaria RMF Trading LLC. 9 The Group had discontinued the operations of Kajaria Plywood Private Limited, KPPL, a wholly owned subsidiary due to lack of strategic fit and continued losses in FY 2024 25. The related incomes and expenses have been disclosed under discontinued operations. The particulars of discontinued operations are provided in signed copy of Financial Results. 10 The Holding Company holds an investment in Kajaria UKP Limited, a joint venture, through its wholly owned subsidiary. Kajaria UKP Limited is currently under liquidation, and the Holding Company no longer exercises joint control over the entity. Accordingly, the Holding Company has not consolidated the financial results of Kajaria UKP limited in the consolidated financial results. 11 Figures of previous period year have been regrouped rearranged wherever necessary. The impact of the same is not material to the users of the consolidated financial results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,50,778.00
Capital work-in-progress 12,171.00
Investment property 0.00
Goodwill 3,194.00
Other intangible assets 47.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 3,910.00
Non-current financial assets
Non-current investments 367.00
Trade receivables, non-current 0.00
Loans, non-current 386.00
Other non-current financial assets
1 Other financial assets 3,403.00
Total of other non-current financial assets 3,403.00
Total non-current financial assets 4,156.00
Deferred tax assets (net) 42.00
Other non-current assets
1 Other non-current assets 5,054.00
2 Non-current tax assets (net) 365.00
3 Right-of-use assets 10,750.00
Total of other non-current assets 16,169.00
Total non-current assets 1,90,467.00
2 Current assets
Inventories 57,967.00
Current financial asset
Current investments 0.00
Trade receivables, current 71,116.00
Cash and cash equivalents 1,362.00
Bank balance other than cash and cash equivalents 77,115.00
Loans, current 15,637.00
Other current financial assets
Total of other current financial assets 220.00
Total current financial assets 1,65,450.00
Current tax assets (net)
Other current assets
1 Other current assets 5,341.00
Total of other current assets 5,341.00
Total current assets 2,28,758.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4,19,225.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,571.00
Other equity 2,98,172.00
Total equity attributable to owners of parent 2,99,743.00
Non controlling interest 5,780.00
Total equity 3,05,523.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4,570.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilities 7,253.00
Total of other non-current financial liabilities 7,253.00
Total non-current financial liabilities 11,823.00
Provisions, non-current 1,006.00
Deferred tax liabilities (net) 10,042.00
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 22,871.00
Current liabilities
Current financial liabilities
Borrowings, current 25,990.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 14,898.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 20,758.00
Total Trade payable 35,656.00
Other current financial liabilities
1 Lease liabilities 2,741.00
2 Other financial liabilities 12,516.00
Total of other current financial liabilities 15,257.00
Total current financial liabilities 76,903.00
Other current liabilities 8,999.00
1 Other current liabilities 8,999.00
Total of other current liabilities 8,999.00
Provisions, current 3,594.00
Current tax liabilities (Net) 1,335.00
Deferred government grants, Current
Total current liabilities 90,831.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,13,702.00
Total equity and liabilites 4,19,225.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) See accompanying notes to the consolidated financial results



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Tiles 1,28,487.00 2,44,427.00
2 Others 18,339.00 35,207.00
Total Segment Revenue 1,46,826.00 2,79,634.00
Less: Inter segment revenue
Revenue from operations 1,46,826.00 2,79,634.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Tiles 22,528.00 42,270.00
2 Others 1,823.00 3,895.00
Total Profit before tax 24,351.00 46,165.00
i. Finance cost 528.00 1,028.00
ii. Other Unallocable Expenditure net off Unallocable income (1,576.00) (3,290.00)
Profit before tax 25,399.00 48,427.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Tiles 2,71,477.00 2,71,477.00
2 Others 48,994.00 48,994.00
Total Segment Asset 3,20,471.00 3,20,471.00
Un-allocable Assets 98,754.00 98,754.00
Net Segment Asset 4,19,225.00 4,19,225.00
4 Segment Liabilities
Segment Liabilities
1 Tiles 60,588.00 60,588.00
2 Others 10,891.00 10,891.00
Total Segment Liabilities 71,479.00 71,479.00
Un-allocable Liabilities 42,223.00 42,223.00
Net Segment Liabilities 1,13,702.00 1,13,702.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Other business segment primarily relates to adhesive, bathware and sanitaryware business, which is not separately reportable.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement of defined benefit plans 30.00 60.00
Total Amount of items that will not be reclassified to profit and loss 30.00 60.00
2 Income tax relating to items that will not be reclassified to profit or loss 7.00 15.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign opearations (36.00) (68.00)
Total Amount of items that will be reclassified to profit and loss (36.00) (68.00)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (13.00) (23.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 48,272.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,028.00
Adjustments for decrease (increase) in inventories (2,821.00)
Adjustments for decrease (increase) in trade receivables, current (8,188.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,277.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 5,974.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 8,534.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 155.00
Adjustments for provisions, current 779.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (77.00)
Adjustments for dividend income 0.00
Adjustments for interest income 2,906.00
Adjustments for share-based payments 483.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (16.00)
Other adjustments for non-cash items (88.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 1,580.00
Net cash flows from (used in) operations 49,852.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 12,749.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 37,103.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 501.00
Purchase of property, plant and equipment 9,994.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 15,501.00
Cash receipts from repayment of advances and loans made to other parties 632.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 2,942.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 9,074.00
Net cash flows from (used in) investing activities (12,346.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 29,730.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 17,872.00
Repayments of borrowings 344.00
Payments of lease liabilities 1,680.00
Dividends paid 9,429.00
Interest paid 678.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,000.00)
Net cash flows from (used in) financing activities (28,989.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (4,232.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (4,232.00)
Cash and cash equivalents cash flow statement at beginning of period 5,594.00
Cash and cash equivalents cash flow statement at end of period 1,362.00