Kajaria Ceramics Limited — Investor Meet, 03-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Kajaria Ceramics reported Q1 FY27 revenue up 20% to INR 1,328 Cr, with 6% volume growth and EBITDA margin at 19.6%. Management forecasts double-digit volume growth for the rest of FY27, targeting over INR 1,000 Cr EBITDA and 18-19% margins. A ~INR 400 Cr capex for FY27 includes new 10+11 million sq meter plants for cost-effective, high-quality products. The price gap with Morbi has narrowed, boosting demand. The company is aggressively expanding its retail network and project sales. Kerovit and Adhesives segments show robust growth. Management expresses confident sentiment on domestic market potential.