Kajaria Q3 results, COO retirement, subsidiary stake acquisitions
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 1.6 pts more than Nifty Smallcap 250 and 0.1 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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Q3 standalone revenue Rs 1,053 cr vs Rs 1,050 cr YoY; PAT Rs 93 cr vs Rs 80 cr. Consolidated revenue Rs 1,168 cr, PAT Rs 86 cr. Consolidated exceptional loss Rs 39.64 cr includes Rs 18.30 cr Labour Code provision and Rs 19.36 cr embezzlement at Kerovit Global step-down sub. Board to make Kajaria Adhesives and Kajaria Surfaces wholly-owned subs via small stake buys. COO and Company Secretary Ram Chandra Rawat to superannuate March 31, 2026, replaced by internal appointee Vinit Kumar from April 1, 2026.
Standalone Q3 grew modestly; consolidated PAT hurt by Labour Code costs and step-down sub fraud. Smooth internal KMP succession. Sub buys consolidate control. Largely neutral.