Kajaria Ceramics (500233) Q4 22/23 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 22/23 earnings summary
16 Oct, 2026Executive summary
FY23 sales volume reached 101.71 MSM, up 11% YoY; consolidated revenue rose 18% to ₹4,381.93 crore, surpassing ₹4,000 crore.
Higher gas costs weighed on profitability despite volume growth and a richer value-added tile mix.
Financial highlights
Consolidated EBITDA was ₹591.93 crore vs ₹611 crore in FY22; net profit was ₹344.50 crore vs ₹376.98 crore.
Consolidated PBT was ₹462.46 crore vs ₹510.17 crore; EPS was ₹21.64 vs ₹23.69.
EBITDA margin was 13.51% vs 16.48%; net profit margin was 7.86% vs 10.17%.
Outlook and guidance
Lower inflation and gas prices, recently commissioned capacity, biomass fuel substitution and scale benefits are expected to support improved profitability.
Real-estate activity, infrastructure investment and growth in Tier 2 and 3 cities are expected to support medium-term tile demand.
Latest events from Kajaria Ceramics
- Margins improved on value-added tiles as expansion targets 100 MSM capacity by 2020.500233
Q4 16/17 - Profitability rebounded as lower gas costs supported growth investment and capacity expansion.500233Q4 23/24
- Record FY22 growth met fuel-cost pressure as capacity and demand opportunities expanded.500233Q4 21/22
- Volume grew, but fuel inflation and GVT price pressure cut margins and profit.500233Q4 17/18
- Profit and cash flow rebounded in FY21; capacity expansion targets FY22 growth.500233Q4 20/21
- March lockdown cut revenue, but tax relief lifted profit as operations rebounded.500233Q4 19/20
- Revenue rose 9%, while gas costs pressured profit; bathware and cash generation strengthened.500233Q4 18/19
- FY15 profits outpaced sales as capacity expansion and product mix lifted margins.500233Q4 14/15
- Capacity-led growth lifted FY16 EBITDA and PAT 31% amid competitive pressure.500233Q4 15/16