Kajaria Q3 FY26 results, makes 2 units wholly-owned, flags Rs 20 cr fraud

Exceptional ItemRelated Party TransactionsEbitda Margin ExpansionResults View source PDF Explain this filing

KAJARIACER · price

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Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹882.40

prior close

₹903.05

announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.9%+0.6% vs market

Ceramics peers, median of 10sector+0.2%+1.2% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 1.2 pts more 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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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Ceramics peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kajaria Ceramics Q3 FY26: standalone revenue Rs 1,053 cr, PAT Rs 93 cr, up 17% YoY. Consolidated revenue Rs 1,168 cr, PAT Rs 86 cr. Board made Kajaria Adhesive and Kajaria Surfaces fully owned units for combined about Rs 1.45 cr; both related party deals with promoter group, done at arms length. Exceptional items of Rs 39.6 cr include Rs 19.4 cr loss from a fraud by ex-CFO of Kajaria Bathware at Kerovit Global and Rs 16 cr Labour code provision. Nine month consolidated PAT grew 29% YoY.

Likely market impact

Q3 PAT up 17% YoY on steady revenue. Small acquisitions normalize unit ownership. Rs 20 cr subsidiary fraud loss and Rs 16 cr Labour code provision weigh on reported PAT.