Kajaria Ceramics Q4 FY26: Profit up 266%, buyback plan

Q4 FY26 results: the headline numbers

Kajaria Ceramics reported a strong March 2026 quarter on a consolidated basis, with revenue and profit both rising year-on-year. Net sales for Q4 FY26 came in at ₹1,373.35 crore, up 12.4% from ₹1,221.85 crore in Q4 FY25. Quarterly net profit was reported at ₹155.75 crore for Q4 FY26 versus ₹42.52 crore a year earlier, translating into a 266.3% rise. Separately, another reported figure put consolidated net profit at ₹156.56 crore in Q4 FY26 compared with ₹43.18 crore in Q4 FY25, a 262.57% jump. The company released audited financial results for the quarter ended March 31, 2026.

Revenue: steady growth, higher than the prior quarter

On a sequential basis, revenue from operations also improved compared with the December 2025 quarter. The consolidated quarterly table shared for Kajaria Ceramics shows net sales/ income from operations of ₹1,168.26 crore in Dec 2025, rising to ₹1,373.35 crore in Mar 2026. The same table lists total income from operations at ₹1,373.35 crore for Mar 2026, mirroring the net sales figure. Year-on-year, the revenue increase was broadly consistent across the different result summaries, which also referenced revenue of about ₹1,373 crore versus about ₹1,222 crore in Q4 FY25. These figures position Q4 FY26 as the company’s strongest quarter in the cited three-quarter set (Dec 2025, Mar 2025, Mar 2026) on the revenue line.

Profit: sharp year-on-year jump in Q4

Profit growth in Q4 FY26 materially outpaced revenue growth in the reported numbers. Consolidated PAT was stated as ₹155.75 crore in Q4 FY26, up from ₹42.52 crore in Q4 FY25. Another summary of the same quarter cited PAT at ₹156.56 crore, compared with ₹43.18 crore in the prior-year quarter. The reported EPS also moved up sharply, with Kajaria Ceramics’ EPS rising to ₹9.78 in Mar 2026 from ₹2.67 in Mar 2025. The magnitude of the increase in PAT, alongside the rise in EPS, was the key highlight of the quarter.

Operating performance: EBITDA and margins improved

Kajaria Ceramics’ quarterly operating performance was presented using multiple profitability lines in the supplied data. One set of consolidated quarterly numbers reported EBITDA at ₹275.97 crore in Q4 FY26, up 82.97% from ₹150.83 crore in Q4 FY25. Another audited summary table reported consolidated EBITDA at ₹263.52 crore in Q4 FY26 versus ₹122.81 crore in Q4 FY25, alongside an EBITDA margin of 19.19% in Q4 FY26 versus 10.01% in Q4 FY25. A separate “Particulars” table also showed OPM at 19.19% for Q4 FY26 compared with 11.32% in Q4 FY25. Across these disclosures, the common message is a meaningful year-on-year improvement in operating profitability in the March 2026 quarter.

FY26 snapshot: revenue up 4%, profit up about 63%-65%

For the full year FY26, the company’s consolidated revenue was reported at ₹4,830.36 crore, up 4.21% from ₹4,635.07 crore in FY25. Another line item in the same data set put total income growth at 4.39% to ₹4,883.22 crore for FY26. On profit, consolidated net profit for FY26 was reported at ₹487 crore in one summary, while another table put FY26 net profit at ₹485.41 crore versus ₹294.35 crore in FY25, a 64.91% rise. The FY26 performance also included standalone disclosures, with full-year standalone total income at ₹4,453.60 crore and standalone net profit at ₹456.77 crore.

Volumes: Q4 sales volume rose 11%

Alongside financials, Kajaria Ceramics reported volume growth for the quarter. Total sales volume was stated at 33.51 MSM in Q4 FY26 compared with 30.11 MSM in Q4 FY25, indicating an 11% increase. The volume figure provides additional context to the 12% plus revenue growth reported for the quarter. The company’s disclosures positioned the March 2026 quarter as a period of stronger operating momentum compared with the year-ago base.

Shareholder actions: first-ever buyback and dividend announcements

The board approved the company’s first-ever share buyback, with the buyback size reported at ₹296.7 crore in one summary and about ₹297 crore in another. On dividends, the company declared a ₹6 per share final dividend in one update. Separately, another summary said the company recommended a ₹14 per share dividend. Both items were reported alongside the Q4 FY26 results announcement and form a major part of the shareholder return narrative in the provided information.

Stock performance: mixed in the short term, strong over 12 months

Kajaria Ceramics shares closed at ₹1,187.65 on April 29, 2026 on the NSE, as per the provided data. The stock delivered a -2.42% return over the last six months, while posting a 47.63% gain over the last 12 months. These return figures give context to how the market has priced the company over different horizons leading into the results period. The data indicates that longer-term performance was positive despite a softer recent half-year.

Key figures at a glance

What to watch next

Investors will track the next set of quarterly updates for confirmation of the improved operating metrics and how shareholder actions progress after the buyback approval. The company’s audited Q4 FY26 release also places focus on full-year consolidation trends, where revenue growth was modest but profit growth was substantially higher. Any subsequent announcements on timelines and terms related to the buyback and dividends will be key near-term reference points for the stock.