Kajaria Ceramics

Kajaria Ceramics delivered a strong Q4 FY26 with 12% revenue growthCurrent reported value: 12% revenue growth. No comparable prior figure is available in the source record. to ₹1,373Current reported value: 1,373. No comparable prior figure is available in the source record. crore and PAT surging 216%Current reported value: PAT surging 216%. No comparable prior figure is available in the source record. to ₹136 crore, driven by 11% volume growthCurrent 11% volume growth. Reported change: +11% YoY. and 918 bps EBITDA margin expansionCurrent reported value: 918 bps EBITDA margin expansion. No comparable prior figure is available in the source record. to 19.19%. The volume recovery followed a nine-month channel realignment, with momentum building from January. The Morbi gas crisis created a structural tailwind: Morbi plants faced 35-40% cost increases, while Kajaria's multi-location plants and 30% biofuel mix in the north provide a cost advantage. Management guided for 18-19% EBITDA marginsCurrent reported value: 18-19% EBITDA margins. No comparable prior figure is available in the source record. going forward but declined volume guidance. Key risks include potential supply disruption from Morbi outsourcing partners and volatile gas prices. Overall, the company is well-positioned to gain market share in FY27.