Kajaria Ceramics Limited, India’s largest manufacturer of ceramic and vitrified tiles, delivered a strong second quarter for FY26 with profit rising 58% year-on-year to ₹133 crore. The company achieved one of its best operational quarters in recent years, driven by disciplined cost control, process efficiency, and a renewed strategic focus under new leadership.
Revenue for the quarter stood at ₹1,844 crore, up 4% from last year. While topline growth remained moderate, Kajaria’s EBITDA margin expanded to 17.9%, the highest in several quarters. The company attributed this improvement to better raw material sourcing, higher capacity utilization, and tighter cost management across its plants and dealer network.
Under the new leadership of Managing Director Vivek Jhunjhunwala and Joint Managing Director Chetan Kajaria, the company has launched “Kajaria 2.0,” a transformation program focused on making the business leaner, faster, and more profitable. The renewed focus includes improving supply chain efficiency, optimizing manufacturing costs, and strengthening dealer relationships to enhance market reach.
Despite a subdued housing market, Kajaria reported steady demand across retail and project segments. The company’s premium product categories – especially glazed vitrified and polished tiles – performed well, supported by a recovery in urban demand and renovation activity. The management also highlighted improvements in working capital and consistent cash generation, reinforcing financial stability.
Kajaria continues to expand its distribution network, which now includes 1,900 dealers and over 7,500 touchpoints across India. The company also operates 11 manufacturing plants with an annual capacity of over 86 million square meters, giving it a strong presence across every major product category in the tile industry.
Leadership emphasized that efficiency and accountability remain at the heart of Kajaria 2.0. The company’s “lean and agile” approach is designed to drive operational excellence while maintaining a strong focus on customer satisfaction and brand leadership. Management also expects better growth in the second half of FY26 as housing demand picks up during the festive and construction seasons.
Kajaria Ceramics remains one of India’s most trusted brands in the building materials sector, known for its innovation, quality, and wide product range that includes wall tiles, floor tiles, and sanitaryware. Founded in 1988 by Chairman Ashok Kajaria, the company has built a reputation for reliability and craftsmanship, earning the trust of millions of homes and businesses across the country.
With a strong balance sheet, low debt, and consistent dividend payouts, Kajaria continues to attract investor confidence. The company’s focus on efficiency, profitability, and leadership renewal signals a new chapter of sustainable growth – positioning it as one of the strongest consumer-facing building material stocks in India.
