Board recommended Final Dividend
KAJARIACER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts less than Nifty Smallcap 250 and 3.1 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kajaria Ceramics board meeting on April 30, 2026 approved multiple items. The company recommended a final dividend of Rs 6 per share for FY26, making total dividend Rs 14 per share (including Rs 8 interim), up 56% from Rs 9 in previous year. Standalone net profit more than doubled to Rs 456.77 crore vs Rs 204.14 crore last year, with revenue from operations at Rs 4,374.31 crore. The board also approved a buyback of up to 21.50 lakh shares (1.35% of capital) at Rs 1,380 per share for Rs 296.70 crore total. Other approvals include Rs 210 crore expansion at Srikalahasti plant, Rs 45 crore subscription to preference shares of Kerovit Global, and Rs 50 crore acquisition of CCPS from Kajaria Bathware. Statutory auditors gave unmodified opinion on results.
The buyback at Rs 1,380 represents 15.57% premium over market price, providing direct return to shareholders. The 56% increase in total dividend and more than doubled profit signals strong financial health, which could be positive for the stock price.