# Kajaria Ceramics (KAJARIACER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/kajariacer

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,181
- Change: -2.06%
- As of: 2026-11-06
- 1D return: -2.06%
- 5D return: +6.47%
- 1M return: -2.45%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

Kajaria Ceramic’s technical setup on 2026-11-06 presents a conflict between short-term momentum and broader trend weakness. The stock closed at ₹1,181.0, following a moderate upward gap of +4.0% on 2026-11-05. While price remains above the 20-period EMA and SMA, it is below the 50-period moving averages and the daily Supertrend, which is bearish. Daily trend strength is weak (ADX 17.88), suggesting limited conviction despite the recent gap. Conversely, the weekly timeframe shows a bullish Supertrend and developing trend strength (ADX 23.54), with price holding above key weekly averages. Monthly indicators remain bearish with low ADX (11.21). The stock trades near the upper end of its 252-day range (+76.8%) but in the middle of shorter ranges. Immediate resistance lies at ₹1,198.5 (pivot) and ₹1,223.2 (high), while support is found at ₹1,159.58 and ₹1,156.4. Annualized volatility stands at +29.0%, with current drawdown at -9.8%. A break above ₹1,198.5 could signal alignment with weekly bullishness, whereas failure to hold above the 20-period EMA may reinforce daily bearish pressure.

- Trend Conflict: Daily structure is bearish (price below Supertrend and 50-period MAs; weak ADX 17.88), while weekly structure is bullish (price above Supertrend; developing ADX 23.54).
- Price Positioning: Closed at ₹1,181.0 after a +4.0% upward gap on 2026-11-05; trading near the top of the 252-day range (+76.8%) but mid-range for 20/50-day periods.
- Key Levels: Resistance at ₹1,198.5 (pivot, +1.48%) and ₹1,223.2 (high, +3.57%); Support at ₹1,159.58 (-1.81%) and ₹1,156.4 (-2.08%).
- Risk Profile: High annualized volatility (+29.0%) and significant maximum drawdown (-33.5%); current drawdown is -9.8%.

- Doji
- Morning Star
- Evening Star
- Inside Bar

### News Context

In the seven-day window leading to November 6, 2026, Kajaria Ceramics advanced its strategic energy and capital restructuring initiatives. On October 30, the company subscribed for 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited for Rs. 1,21,49,565, raising its stake to 19.77%. This investment is part of a tranche-based commitment up to Rs. 12.15 Crores designed to secure solar and wind power generation for plants in Gailpur and Malootana, Rajasthan, aiming to reduce operational power costs. Concurrently, on October 29, Kajaria subscribed to 4,50,00,000 Non-Convertible Redeemable Preference Shares (NCRPS) of its step-down wholly-owned subsidiary, Kerovit Global Private Limited (KGPL), for Rs. 45 Crores. These NCRPS carry a 0.25% dividend rate and are redeemable after ten years, with the primary objective stated as improving KGPL’s debt-equity ratio.

On the market front, the stock closed at ₹1,181.0 on November 6, reflecting a -2.1% daily decline and a -2.7% monthly return. Technical indicators show mixed signals: while the weekly Supertrend remains bullish, daily and monthly trends are bearish, with the price trading below key moving averages. The stock has gained +22.7% year-to-date but is currently experiencing a -9.8% drawdown from recent highs.

- Solar Investment: Kajaria holds a 19.77% stake in Sunsure Solarpark Fourty Three Private Limited following an October 30 subscription of 10,167 shares for Rs. 1,21,49,565, supporting a broader Rs. 12.15 Crore commitment for renewable energy security in Rajasthan.
- Subsidiary Capital Raise: The company invested Rs. 45 Crores in NCRPS of Kerovit Global Private Limited on October 29 to improve its subsidiary's debt-equity ratio; these shares are redeemable after ten years with a 0.25% dividend rate.
- Price Action: The stock closed at ₹1,181.0 on November 6, down -2.1% for the day and -2.7% for the month, despite a strong +22.7% year-to-date performance.
- Technical Context: Daily and monthly technical trends are bearish with negative slope indicators, contrasting with a weekly bullish Supertrend signal, while the stock trades near resistance levels around ₹1,181–₹1,198.

- We wish to inform you that the Company has subscribed 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited on October 30, 2026, pursuant to the Shareholders Agreement. Consequently, the Company now holds 19.77% of equity shares of Sunsure Solarpark Fourty Three Private Limited. |SUBJECT: General Updates
- KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL
- SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-
- Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Company has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ( KGPL ), step-down wholly-owned subsidiary on October 29, 2026. Accordingly, KGPL will continue to be the step-down wholly-owned subsidiary of the Company. |SUBJECT: General Updates

### Official Filings

Kajaria Ceramics Limited disclosed several material corporate actions and financial updates in late October 2026. The company declared an interim dividend of Rs 12 per share with a record date of October 29, 2026. In terms of capital structure, it subscribed Rs 45 Crores for Non-Convertible Redeemable Preference Shares (NCRPS) in its step-down wholly-owned subsidiary, Kerovit Global Private Limited (KGPL), to improve the subsidiary's debt-equity ratio; these shares carry a 0.25% dividend rate and are redeemable after ten years. Additionally, the company invested Rs 1,21,49,565 to acquire a 19.77% stake in Sunsure Solarpark Fourty Three Private Limited as part of a commitment to secure renewable energy for its Rajasthan plants.

Financially, management reported Q2 FY27 consolidated revenue of INR 1,468 crores, up 24% year-on-year, with EBITDA margins expanding to 19.51% from 17.94% in the prior year period. Profit after tax rose to INR 190 crores from INR 133 crores. Expansion plans include commissioning the Srikalahasti brownfield expansion by June 2027 and progress on the Gailpur plant. Management cited subdued export demand due to freight rates but expects double-digit volume growth over the next two quarters.

- Dividend Declaration: Interim dividend of Rs 12 per share announced with a record date of October 29, 2026.
- Subsidiary Capital Injection: Rs 45 Crores invested in NCRPS of Kerovit Global Private Limited to improve debt-equity ratio; shares are redeemable after ten years at a 0.25% dividend rate.
- Q2 FY27 Financial Performance: Consolidated revenue reached INR 1,468 crores (+24% YoY); PAT increased to INR 190 crores from INR 133 crores; EBITDA margin expanded to 19.51%.
- Expansion & Outlook: Srikalahasti expansion (12.5 million sqm) targeted for commissioning by June 2027; management anticipates double-digit volume growth despite subdued export demand.

- [We wish to inform you that the Company has subscribed 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited on October 30, 2026, pursuant to the Shareholders Agreement. Consequently, the Company now holds 19.77% of equity shares of Sunsure Solarpark Fourty Three Private Limited. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_30102026155632_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261030_162715700.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Company has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ( KGPL ), step-down wholly-owned subsidiary on October 29, 2026. Accordingly, KGPL will continue to be the step-down wholly-owned subsidiary of the Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026180323_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261029_182934972.xml)
- [Transcript of Conference Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026183909_Transcript.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_689_WebXMLFile_20261029_185752241.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Fundamentals

Kajaria Ceramics delivered a robust Q2 FY2026-27, with revenue rising 24% year-on-year to ₹1,468 crore and net profit jumping to ₹191 crore. This follows a strong full-year Mar 2026 performance where sales grew 4% to ₹4,830 crore while net profit surged 62% to ₹487 crore, driven by operating leverage that expanded operating margins significantly. Earnings quality remains high, with Cash from Operating Activity reaching ₹664 crore in FY2026 and CFO/EBITDA conversion holding at 96%. The balance sheet shows manageable leverage; borrowings increased to ₹406 crore as of Sep 2026, primarily funding current asset growth including trade receivables which rose to ₹711 crore. Working capital efficiency improved, with the cash conversion cycle tightening to 92 days in Mar 2026 from 102 days a year prior. Return on Capital Employed (ROCE) rebounded sharply to 23% in Mar 2026, up from 17% in Mar 2025, indicating effective capital deployment despite stable fixed assets.

- Q2 FY2026-27 Revenue: ₹1,468 crore (+24% YoY); Net Profit: ₹191 crore.
- FY2026 Full-Year Sales: ₹4,830 crore (+4%); Net Profit: ₹487 crore (+62%).
- ROCE improved to 23% (Mar 2026) from 17% (Mar 2025); Cash Conversion Cycle tightened to 92 days.
- Borrowings rose to ₹406 crore (Sep 2026) supporting working capital expansion.

### Bear Case

As of November 6, 2026, Kajaria Ceramics (NSE) exhibits technical weakness across daily and monthly timeframes, signaling a cautious near-term setup. The stock closed at ₹1,181.0, down from the previous close of ₹1,205.8, with the Supertrend indicator flashing bearish signals on both daily and monthly charts. Momentum indicators reflect this pressure: the Average Directional Index (ADX) is low at 17.88 on the daily chart, suggesting weak trend strength, while the 20-day Exponential Moving Average slope has turned negative (-0.07). Although the weekly trend remains bullish, the divergence between shorter-term bearishness and longer-term positivity highlights instability. Price action faces immediate resistance just above the current level at ₹1,181.1, with limited upside room before encountering significant barriers at ₹1,198.5 and ₹1,223.2. On the downside, support lies closer at ₹1,159.58 and ₹1,156.4, offering a narrower buffer against further declines. Volatility remains elevated, with an annualized volatility of +29.0% and an ATR percentage of 3.11%, indicating substantial price swings. The stock is currently in a -9.8% drawdown from its recent peak, though it has recovered significantly year-to-date (+22.7%). Investors should monitor whether the price can sustain levels above ₹1,156.4 to prevent deeper corrections toward the next support zone at ₹1,139.0.

- Daily and monthly Supertrend indicators are bearish as of November 6, 2026, with the stock closing at ₹1,181.0 below the prior day's ₹1,205.8.
- Momentum is weakening: ADX stands at 17.88 (low trend strength) and the 20-day EMA slope is negative (-0.07), contrasting with a still-bullish weekly trend.
- Immediate resistance is tight at ₹1,181.1 (0.01% above), while key support levels are clustered lower at ₹1,159.58 and ₹1,156.4.
- Volatility is high with annualized volatility at +29.0% and an ATR of 3.11%; the stock is currently in a -9.8% drawdown.

- [We wish to inform you that the Company has subscribed 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited on October 30, 2026, pursuant to the Shareholders Agreement. Consequently, the Company now holds 19.77% of equity shares of Sunsure Solarpark Fourty Three Private Limited. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_30102026155632_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261030_162715700.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Company has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ( KGPL ), step-down wholly-owned subsidiary on October 29, 2026. Accordingly, KGPL will continue to be the step-down wholly-owned subsidiary of the Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026180323_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261029_182934972.xml)
- [Transcript of Conference Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026183909_Transcript.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_689_WebXMLFile_20261029_185752241.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### FAQs

**What corporate actions has Kajaria Ceramics announced recently?**

On October 29, 2026, the Board declared an interim dividend of Rs 12 per share with a record date of October 29, 2026. Additionally, on October 30, 2026, the Company subscribed to 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited for Rs 1,21,49,565, raising its stake to 19.77%.

**Why is Kajaria Ceramics investing in solar and wind power projects?**

The investment in Sunsure Solarpark Fourty Three Private Limited is part of a tranche-based commitment up to Rs 12.15 Crores. The objective is to secure solar and wind power generation for the Company’s plants in Gailpur and Malootana, Rajasthan, specifically aimed at reducing power costs.

**How does the recent capital infusion into Kerovit Global Private Limited affect ownership?**

On October 29, 2026, Kajaria Ceramics subscribed to 4,50,00,000 Non-Convertible Redeemable Preference Shares (NCRPS) of its step-down wholly-owned subsidiary, Kerovit Global Private Limited (KGPL), for Rs 45 Crores. This transaction improves KGPL’s debt-equity ratio, and KGPL continues to remain a step-down wholly-owned subsidiary.

**What are the current technical levels and performance metrics for the stock?**

As of November 6, 2026, the stock closed at ₹1,181.00, down from a previous close of ₹1,205.80. Key resistance levels are noted at ₹1,181.10 and ₹1,198.50, while support exists at ₹1,159.58 and ₹1,156.40. The stock has gained +22.7% year-to-date but faces a current drawdown of -9.8%.

- [We wish to inform you that the Company has subscribed 10,167 equity shares of Sunsure Solarpark Fourty Three Private Limited on October 30, 2026, pursuant to the Shareholders Agreement. Consequently, the Company now holds 19.77% of equity shares of Sunsure Solarpark Fourty Three Private Limited. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_30102026155632_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261030_162715700.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [Pursuant to the provisions of the Listing Regulations, we wish to inform you that the Company has subscribed 4,50,00,000 Non-Convertible Redeemable Preference Shares of Kerovit Global Private Limited ( KGPL ), step-down wholly-owned subsidiary on October 29, 2026. Accordingly, KGPL will continue to be the step-down wholly-owned subsidiary of the Company. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026180323_Disclosure.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261029_182934972.xml)
- [Transcript of Conference Call |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026183909_Transcript.pdf)
- [KAJARIA CERAMICS LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_689_WebXMLFile_20261029_185752241.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 12 PER SHARE |FACE VALUE:1 |RECORD DATE:29-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,198.5
- Risk regime: Price Risk Currently Contained

### Support levels
- 1159.584375
- 1095.6875
- 1007.0666015625

### Resistance levels
- 1238.75
- 1259.9580078125
- 1293.8

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.06% |
| return_10 | +3.91% |
| return_1m | -2.70% |
| return_1y | +3.44% |
| return_20 | -2.45% |
| return_3m | +0.48% |
| return_5 | +6.47% |
| return_6m | +6.32% |
| return_since_start | +0.74% |
| return_ytd | +22.66% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -33.51% |
| annualized_volatility | +28.99% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Kajaria Ceramics Q2 FY2026-27: Revenue rises 24% YoY

Kajaria Ceramics reported consolidated revenue from operations of ₹1,468 crore for the quarter ended 30 September 2026, up 23.8% year on year and 10.6% quarter on quarter. Profit for the period increased 42.3% year on year to ₹190.7 crore, while diluted EPS from continuing and discontinued operations was ₹11.99, up from ₹10.63 in Q1 FY2026-27.

## Revenue and expenses

Revenue from operations rose from ₹1,328 crore in Q1 FY2026-27 and ₹1,186 crore in Q2 FY2025-26. The sequential increase extended the rise from ₹1,168 crore in Q3 FY2025-26 to ₹1,373 crore in Q4 FY2025-26, followed by a dip in Q1 and a new high in Q2 FY2026-27.

Total expenses increased 10.3% quarter on quarter to ₹1,230 crore, slightly below revenue growth. The largest identified items were purchases of stock in trade at ₹329 crore and materials consumed at ₹288 crore. Employee benefit expense was ₹141 crore and depreciation, depletion and amortisation expense was ₹43 crore.

## Profit, tax and earnings

Profit before exceptional items and tax rose 10.3% quarter on quarter to ₹254 crore from ₹230 crore in Q1 FY2026-27, and was 40.1% above Q2 FY2025-26. An exceptional charge of ₹1.55 crore brought profit before tax to ₹252 crore. Finance costs were ₹5.28 crore, compared with ₹5 crore in the previous quarter.

Tax expense was ₹64 crore, up from ₹60 crore in Q1 FY2026-27. Profit for the period was ₹190.7 crore, including ₹188.2 crore from continuing operations and an ₹11 lakh loss from discontinued operations; the share of profit of associates and joint ventures was ₹2.61 crore. Basic EPS from continuing and discontinued operations was ₹12.02, versus ₹10.64 in Q1; diluted EPS was ₹11.99, against ₹10.63.

The board declared an interim dividend of ₹8 per equity share for FY2026-27. Trailing twelve-month EPS was ₹37.95.

## Balance sheet and investment base

At 30 September 2026, total assets stood at ₹4,192 crore, compared with ₹4,029 crore at 31 March 2026. Non-current assets declined from ₹2,047 crore to ₹1,905 crore over the same dates. Property, plant and equipment was ₹1,508 crore, down from ₹1,535 crore, while capital work in progress increased from ₹119 crore to ₹122 crore.

Current assets rose to ₹2,288 crore from ₹1,982 crore at 31 March 2026. Current financial assets increased to ₹1,655 crore from ₹1,393 crore, while trade receivables rose to ₹711 crore from ₹628 crore. These movements show a larger current-asset base alongside the increase in revenue and earnings.

## Key Takeaway

Kajaria delivered strong year-on-year revenue and profit growth, with expenses growing more slowly than revenue and pre-exceptional profit increasing sequentially. Total assets and current assets rose from March, while non-current assets declined. The ₹8 interim dividend adds a shareholder return alongside improved quarterly earnings.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +46.74%
- FII holding: +12.05%
- DII holding: +26.08%
- Mutual fund holding: +21.45%
- Retail holding: +8.79%
- Promoter pledged: +0.00%

### Major reported shareholders

- RK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF RISHI KAJARIA FAMILY PRIVATE TRUST) — +16.46% (Trusts)
- CK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF CHETAN KAJARIA FAMILY PRIVATE TRUST) — +15.32% (Trusts)
- VK TRUSTEES PRIVATE LIMITED (IN ITS CAPACITY AS SOLE TRUSTEE OF VERSHA KAJARIA FAMILY PRIVATE TRUST) — +8.23% (Trusts)
- SBI ELSS TAX SAVER FUND — +6.55%
- KOTAK BALANCED ADVANTAGE FUND — +3.71%
- FRANKLIN INDIA MID CAP FUND — +2.20%
- NIPPON LIFE INDIA TRUSTEE LTD - A/C NIPPON INDIA MULTI CAP FUND — +2.04%
- HSBC MUTUAL FUND - HSBC FLEXI CAP FUND — +1.81%
- UTI CHILDREN'S EQUITY FUND — +1.69%
- SMALLCAP WORLD FUND, INC — +1.68%

## Official filings

- 2026-10-30 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_30102026155632_Disclosure.pdf)
- 2026-10-30 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261030_162715700.xml)
- 2026-10-29 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-29 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-29 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026180323_Disclosure.pdf)
- 2026-10-29 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_689_WebXMLFile_20261029_182934972.xml)
- 2026-10-29 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_29102026183909_Transcript.pdf)
- 2026-10-29 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_689_WebXMLFile_20261029_185752241.xml)
- 2026-10-28 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: Kajaria Ceramics Limited - Ex-Date: 29-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_26102026134213_Recording_Con_Call.pdf)
- 2026-10-26 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_689_WebXMLFile_20261026_135120284.xml)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026185755_Outcome.pdf)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026190344_Outcome.pdf)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026190215_Outcome.pdf)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026190749_Outcome.pdf)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026191047_Outcome.pdf)
- 2026-10-24 — Press Release: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026191859_Investor_Release.pdf)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KAJARIACER_24102026192156_Opening_TW.pdf)
- 2026-10-24 — Financial Results Filing: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1745468_24102026084758_WEB.xml)
- 2026-10-24 — Financial Results Filing: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1745469_24102026084847_WEB.xml)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_689_WebXMLFile_20261024_205240531.xml)
- 2026-10-24 — Generic Announcement: Kajaria Ceramics Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_689_WebXMLFile_20261024_210001339.xml)

## News and market events

- 2026-10-28 — MONEYCONTROL: **Kajaria Ceramics Q2 FY27 -- Cost advantage drives market share gains** — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/kajaria-ceramics-q2-fy27-cost-advantage-drives-market-share-gains-14061968.html)
- 2026-10-28 — Mint: **Sunteck Realty, Radico Khaitan, WeWork India, Supreme Industries, Kajaria: Jefferies sees up to 64% upside; target price** — Jefferies India has reduced target price in Suntech Realty, Supreme Industries shares — [Source](https://www.livemint.com/market/stock-market-news/sunteck-realty-radico-khaitan-wework-india-supreme-industries-kajaria-jefferies-sees-up-to-64-upside-target-price-11793118823438.html)
- 2026-10-27 — MONEYCONTROL: **Buy Kajaria Ceramics; target of Rs 1325: Prabhudas Lilladher** — Buy Kajaria Ceramics; target of Rs 1325: Prabhudas Lilladher Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jio IPO Listing Date Israel Elections 2026 live Microsoft Buyout news Gyanesh Kumar Benjamin Netanyahu Noel Tata Ather Share Price Anthropic IPO News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loan — [Source](https://www.moneycontrol.com/news/business/earnings/buy-kajaria-ceramics-target-of-rs-1325-prabhudas-lilladher-2-14061107.html)
- 2026-10-26 — News18: **From Infosys To RailTel: 6 Stocks Announce Dividends; Check Amounts, Record Dates** — Infosys, CRISIL, Supreme Petrochem, Hypersoft Technologies, RailTel Corporation of India and Kajaria Ceramics have announced interim dividends and their latest quarterly results — [Source](https://www.news18.com/business/markets/from-infosys-to-railtel-6-stocks-announce-dividends-check-amounts-record-dates-shil-ws-l-10397809.html)
- 2026-10-21 — CNBC-TV18: **Kajaria Ceramics denies plan to acquire Asian Granito India** — Kajaria Ceramics has denied plans to acquire rival Asian Granito India, dismissing media reports as speculation. The company said it remains focused on its existing growth plans. — [Source](https://www.cnbctv18.com/business/kajaria-ceramics-denies-plan-to-acquire-asian-granito-india-20016061.htm)
- 2026-10-12 — MONEYCONTROL: **Ranveer Singh becomes brand ambassador for Kajaria's Gresbond** — Ranveer Singh, Ranveer Singh Gresbond, Kajaria Ceramics, Gresbond by Kajaria, Tile Expert Ka Tile Adhesive, Ranveer Singh brand ambassador, Kajaria new campaign, Kartik Kajaria — [Source](https://www.moneycontrol.com/entertainment/ranveer-singh-becomes-brand-ambassador-for-kajaria-s-gresbond-article-14050184.html)
- 2026-09-29 — MONEYCONTROL: **Sequoia Capital, Peak XV Partners sell over 4% stake in Mamaearth parent; Goldman Sachs, BNP Paribas offload 1.67% stake in BSE** — Bulk Deals,Honasa Consumer,BSE,360 ONE WAM,Capital Small Finance Bank,Kajaria Ceramics,Centum Electronics — [Source](https://www.moneycontrol.com/news/business/markets/sequoia-capital-peak-xv-partners-sell-over-4-stake-in-mamaearth-parent-goldman-sachs-bnp-paribas-offload-1-67-stake-in-bse-14041351.html)
- 2026-09-29 — CNBC-TV18: **Varmora Granito IPO listing: Grey market points to muted debut; key details to track** — The Gujarat-based tiles and bathware manufacturer’s IPO was open for subscription from September 22 to September 24 and received bids for 5.34 crore shares against 3.39 crore shares on offer. The issue was subscribed 1.58 times. — [Source](https://www.cnbctv18.com/market/varmora-granito-ipo-listing-today-share-price-debuts-premium-discount-gmp-grey-market-muted-key-details-20000449.htm)
- 2026-09-22 — CNBC-TV18: **Varmora Granito IPO opens September 22: What investors need to know** — Varmora Granito manufactures and sells ceramic and vitrified tiles, bathware and related products under the Varmora brand. Its product portfolio includes glazed vitrified tiles, polished vitrified tiles and ceramic tiles, with the company increasingly focused on premium products. GVT and technical products accounted for 84.19% of tile revenue in FY26. — [Source](https://www.cnbctv18.com/market/varmora-granito-ipo-subscription-opens-september-22-gmp-price-band-what-investors-need-to-know-19995142.htm)
- 2026-09-22 — BUSINESSTODAY: **Varmora Granito IPO opens today: Should you subscribe? Check price band, review, fresh GMP & more** — Varmora Granito, Varmora Granito IPO, Varmora Granito IPO dates, Varmora Granito IPO details, Varmora Granito IPO price band, Varmora Granito IPO gmp, Varmora Granito IPO latest gmp, Varmora Granito IPO grey market premium, Varmora Granito IPO listing, Varmora Granito IPO brokerage review, Varmora Granito IPO review, Varmora Granito IPO analyst review — [Source](https://www.businesstoday.in/markets/ipo-corner/story/varmora-granito-ipo-opens-today-should-you-subscribe-check-price-band-review-fresh-gmp-more-556926-2026-09-22)
- 2026-09-22 — Economic Times: **Can Varmora Granito IPO deliver long-term growth for high-risk investors?** — Varmora Granito is gearing up for a ₹320 crore IPO aimed at funding capital projects and addressing outstanding debts. Following the offering, the promoter's stake will shrink to 47 percent. However, potential risks related to geopolitical tensions and export market concentration are evident. While revenue saw modest growth, the EBITDA margin improved significantly, prompting investors to monitor post-listing developments due to valuation concerns. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/can-varmora-granito-ipo-deliver-long-term-growth-for-high-risk-investors/articleshow/134399879.cms)
- 2026-09-17 — MONEYCONTROL: **Varmora Granito IPO to hit Dalal Street on September 22, price band set at Rs 140-148 per share** — Varmora Granito IPO opening date,Varmora Granito IPO date,Varmora Granito IPO size,Varmora Granito IPO price band,Varmora Granito IPO allotment date,Varmora Granito IPO listing date,Varmora Granito IPO news,Varmora Granito IPO details — [Source](https://www.moneycontrol.com/news/business/ipo/varmora-granito-ipo-to-hit-dalal-street-on-september-22-price-band-set-at-rs-140-148-per-share-14031696.html)
- 2026-09-05 — BUSINESSTODAY: **600% dividend stock: Check dividend per share, record date, payment date and other key details** — Kajaria Ceramics, Kajaria Ceramics dividend, 600% dividend, dividend stock, Rs 6 dividend, final dividend FY26, record date, payment date, dividend per share, Kajaria Ceramics share price, Kajaria Ceramics dividend record date, Kajaria Ceramics AGM, Kajaria Ceramics Q1 results, Kajaria Ceramics shares — [Source](https://www.businesstoday.in/markets/stocks/story/600-dividend-stock-check-dividend-per-share-record-date-payment-date-and-other-key-details-553409-2026-09-05)
- 2026-09-04 — Mint: **600% dividend stock: Check amount per share, record date, payment timeline - Do you own?** — Kajaria Ceramics has set September 21, 2026, as the record date for its  ₹6 final dividend per share for FY26, pending approval at the AGM on September 15. The company also announced a  ₹296.7 crore share buyback and aims to reduce power costs with renewable energy. — [Source](https://www.livemint.com/market/stock-market-news/600-dividend-stock-kajaria-ceramics-share-price-check-amount-per-share-record-date-payment-timeline-do-you-own-11788502317637.html)
- 2026-07-31 — CNBC-TV18: **Q1 Results LIVE Updates: Dixon tech revenue up 21%, tops Street; Maruti Suzuki profit beats estimates** — Q1 Results LIVE Updates: Four Nifty companies, ITC, Maruti Suzuki, Sun Pharma and Bajaj Finserv report results today to round off this week dominated by earnings. Broader market names like Dixon Tech, Indian Oil, Glenmark Pharma, GMDC, ABB India, SJVN, GAIL and NALCO among many others will also be reporting their results. The big result reactions of the day include the likes of Swiggy, Mazagon Dock, Thermax, Bajaj Finance's earnings call and upgrades among others. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sun-pharma-itc-maruti-suzuki-bajaj-finserv-tata-steel-swiggy-share-price-liveblog-19958383.htm)
- 2026-07-31 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty at 24,400; GAIL, Century Ply up 3% after results** — Sensex Today | Stock Market Live Updates: We are the last half the week's trade, and the Indian markets are trading on a cautious note. The Nifty is looking to close the week in green, and is trading around 24,300. The Nifty Bank is trying to hold it together, now up around 100 points, moving around 57,250. TCS, Infosys and Wipro are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-infosys-banks-tata-steel-swiggy-sun-pharma-mdl-bajaj-fin-share-price-liveblog-19958369.htm)

## Business profile

**Strategic vision:** Manufactures and supplies ceramic and vitrified tiles.

### Business segments
- **Ceramic and Vitrified Tiles:** Manufactures ceramic wall and floor tiles, glazed vitrified tiles, and polished vitrified tiles in over 4,000 design options.
- **Faucets, Sanitaryware, and Adhesives:** Offers faucets, sanitaryware, and tile adhesives as part of its product portfolio.

### Competitive strengths
- Extensive manufacturing infrastructure across India and Nepal.
- Broad product portfolio with numerous design options.
- Established domestic and international distribution channels.
- Adoption of advanced manufacturing technologies.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/kajariacer
Markdown representation: https://faxioms.com/stocks/kajariacer?render=md