Kajaria Ceramics Limited
Kajaria Ceramics Ltd is primarily engaged in manufacturing and trading of ceramic and vitrified tiles in India.It is the largest manufacturer of ceramic/ vitrified tiles in India and 8th largest in the world.
What Kajaria files
- Others91
- Investor Meet36
- Important30
- Updates24
- Dividend/Bonus16
- Board Meeting14
Kajaria Ceramics has urged physical shareholders to update mandatory PAN, KYC, bank details, and nominations with its RTA. The company highlighted that updating these details is essential for uninterrupted service requests, electronic dividend payouts, and facilitating share dematerialization.
Kajaria Ceramics acquired 44.12 lakh CCPS of its bathware subsidiary, KBPL, for Rs. 50 Cr from Aravali Investment Holdings. This makes KBPL 100% owned by Kajaria (equity & CCPS), consolidating its bathware business.
Kajaria Ceramics saw quarterly revenue jump 20% to 1,328 Cr, PAT up 55%, with 19.60% EBITDA margin. Completed 296.70 Cr share buyback. Announced two new tile capacity expansions for 375 Cr and acquired remaining Bathware subsidiary stake for 50 Cr, while closing UK operations.
Kajaria Ceramics announced strong Q1 results. The Board approved a 11 MSM tile capacity expansion at Gailpur for 165 Cr, funded by internal accruals. It also greenlit a 12.15 Cr investment in Sunsure Solarpark for captive solar/wind power, aiming to cut energy costs.
Kajaria Ceramics members have approved a share buyback of up to 2.15 million shares at Rs. 1380 per share, totaling Rs. 296.70 Cr. This buyback will acquire 1.35% of the company's existing equity capital via a Tender Offer.