Kajaria Ceramics

Strong FY27 growth guidance, revival in the project segment and brownfield expansions are positives, while competition from Morbi players remains a key downside risk

Shrikant Chouhan of Kotak Securities recommends Kajaria Ceramics and Vedanta Aluminium as top stock picks, citing bullish breakouts, strong volume support, and positive technical indicators

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.52 per cent and 0.79 per cent higher, respectively

For cement manufacturers, the primary concern is the sudden spike in energy costs as the industry relies heavily on imported fuel, which is now becoming significantly more expensive

Higher crude prices are pushing up the cost of petrochemical-based inputs such as plastics, resins, insulation materials, and packaging, while also inflating fuel and logistics expenses

Anand Rathi has assigned 'Buy' ratings to most building material stocks, with Supreme Industries, Cera Sanitaryware, and Greenpanel Industries as its preferred picks

Elara Capital analyst Amit Purohit said some players in the sector could still deliver double-digit volume growth despite broader demand headwinds.

Kajaria Ceramics has terminated the concerned executive, filed a police complaint, initiated recovery efforts, and indicated it may commission a forensic review

MOFSL has initiated coverage on Century Plyboards with a 'Buy' rating and Cera Sanitaryware with a 'Neutral' stance

Emkay remains upbeat on Kajaria Ceramics, reiterating its Buy call, while Nuvama Institutional Equities takes a more measured stance, maintaining a Hold rating on the shares

Kajaria Ceramics' net profit advanced 58 per cent to ₹133 crore in Q2FY26 from ₹84 crore reported in the corresponding quarter of the previous fiscal year

Stocks to buy today: ICICI BANK has experienced a significant correction, dropping below its short-term EMA and entering oversold territory

The ceramics manufacturer reported a healthy rise of 21 per cent in profit after tax (PAT) to ₹108.98 crore during the quarter under review, as against ₹89.82 crore reported in Q1FY25

Nifty key levels: Positional trend remains bullish with support seen in the band of 24,900-25,000. The 25,200 level could offer resistance

Kajaria Ceramics, a leading manufacturer of ceramic and vitrified tiles, said it has exited its loss-making plywood business. The board of the company on Tuesday "approved to discontinue the operations of Kajaria Plywood, wholly owned subsidiary due to lack of strategic fit & continued losses", Kajaria Ceramics informed the bourses. The company has fully impaired its investment and loan to Kajaria Plywood, amounting to Rs 112.38 crore, and expects to close the plywood business by June 30, 2025. Kajaria Ceramics, on Tuesday, declared its results for the March quarter, in which its consolidated profit declined 58.6 per cent to Rs 43.18 crore, due to settlement with JV partners and vendors of the plywood business. It was at Rs 104.27 crore in the January-March period a year ago. "Profit after tax for Q4FY25 was Rs 43 crore as compared to Rs 102 crore in Q4FY24, mainly due to additional provision in plywood division for settlement with JV partners and vendors," said its Chairman Ashok

Shares of Somany Ceramics, Kajaria Ceramics and Cera Sanitaryware have underperformed the market by falling over 20 per cent thus far in 2025, as against a 3.6 per cent decline in BSE Sensex.

The company's consolidated net profit dropped more than 25 per cent to Rs 77.74 crore (nearly $9 million) in the quarter, falling short of analysts' average estimate of Rs 106 crore

Tiles demand has been sluggish in the world's most populous country, with strong construction activity in western, eastern, and central India countering weakness in northern and southern parts

The company said its consolidated net profit fell to Rs 89.82 crore ($10.7 million) in the quarter ended June 30 from Rs 108 crore a year ago

Kajaria Ceramics, India's top tile-maker by market value, is the first among its peers to report results for the January-March quarter