KAJARIA CERAMICS LTD

In the Q1 FY27 Earnings Conference Call, management reported a 6% year-on-year volume growth and a 20% increase in consolidated revenue to INR 1,328 crores, primarily driven by higher selling prices due to fuel costs. The EBITDA margin improved to 19.60%. Management announced plans for a brownfield expansion of 10 million square meters at the Srikalahasti facility and an additional 11 million square meters at the Gailpur facility. The Bathware segment saw a 33% revenue growth, while the Adhesives business also showed significant growth. Management expressed confidence in achieving double-digit volume growth over the next nine months, attributing this to strengthened distribution and new project initiatives. The working capital cycle improved to 46 days, and management emphasized a focus on maintaining a lean working capital cycle. Overall, management conveyed optimism about sustaining quality growth and creating long-term value for stakeholders.

Management conveyed optimism about business growth and performance.