Announced Thu, 30 Apr · 15:04 IST
Board approves Rs 297 cr buyback at Rs 1,380/share; 15.6% premium
KAJARIACER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-10.0%1-day move
₹1228.05
prior close
₹1193.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.0-1.5—-10.0-13.3-10.0-10.5-10.0-12.5-13.8-9.9-1.5—
Up moveDown movePending
AI summary
Kajaria Ceramics board approved buyback of up to 21.5 lakh shares (1.35% of capital) at Rs 1,380/share for up to Rs 296.70 cr — a 15.57% premium over NSE close. Promoters won't participate. Final dividend of Rs 6/share recommended, taking FY26 total to Rs 14 (vs Rs 9 in FY25). FY26 standalone revenue rose to Rs 4,374 cr (vs Rs 4,219 cr); PAT was Rs 457 cr. Board also approved Rs 210 cr Srikalahasti plant expansion and subsidiary investments.
Likely market impact
Buyback at 15.6% premium signals confidence. Higher total dividend (Rs 14 vs Rs 9) rewards shareholders. Subject to shareholder approval.