Kajaria Ceramics reported its strongest full-year financial performance in recent memory for FY26, with consolidated revenue growing 4% to ₹4,830.36 crore and Profit After Tax surging 65% to ₹487 crore, according to audited results announced April 30, 2026. Q4 FY26 was the standout quarter – consolidated revenue grew 12% year-on-year to ₹1,373.35 crore, while EBITDA margins expanded sharply to 19.19% from 10.01% in the same period last year, and quarterly PAT jumped 266% to ₹155.75 crore. The results were driven by an 11% tile volume growth, cost optimisation, and a structural benefit from the Morbi disruption — which compressed output from unorganised cluster players and redirected demand toward organised, multi-plant manufacturers. The company also approved a ₹210 crore expansion at its Srikalahasti plant in Andhra Pradesh, targeting 10 MSM of additional capacity by March 2027, alongside investments in bathware and tile adhesives.
What this means for the trade: A 65% PAT jump from India’s largest tile manufacturer during a year of severe industry disruption confirms that organised, multi-plant players are structurally insulated from cluster-level shocks – a performance gap that will only widen as Morbi continues its recovery at elevated input costs.
