Q2 profit up 118%; Rs12 dividend and Rs554 crore expansion

Revenue growth above 20%Profit growth above 25%EBITDA margin expansionExceptional itemResults View source PDF Explain this filing

KAJARIACER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.6%Reaction day

₹1137.80

prior close

₹1165.10

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.1%-2.7% vs market

Ceramics peers, median of 10sector+2.3%-3.8% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Smallcap 250 and 3.8 pts less than its Ceramics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.4

10m

-3.4

15m

-2.2

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+1.1-2.7+2.3-3.8

Next day

+0.8+3.3-2.5+3.9-3.1

-2.0+3.7-5.7+3.0-5.0

-2.9+4.4-7.3+3.5-6.3

-2.9+2.3-5.2+2.0-4.9

-1.1+3.7-4.8+3.6-4.7

+1.2+6.2-5.0+9.2-8.1

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

Standalone Q2 revenue rose 23.4% to Rs 1,331.90 crore and profit after tax rose to Rs 166.28 crore from Rs 76.31 crore. H1 revenue rose 20.9% to Rs 2,521.98 crore and profit after tax rose 46.1% to Rs 322.05 crore. A Rs 5.09 crore exceptional loss was recorded. The board declared a Rs 12 interim dividend and approved Rs 554 crore for expansion, adding 23.5 million square metres of tiles and a 9,000 tonne per month adhesive plant.

Likely market impact

Strong profit growth and the dividend may support the stock, while Rs 554 crore of expansion could lift capacity but increase execution and funding needs.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹1,468 Cr	₹1,186 Cr	+23.8%
Operating profit	₹238.2 Cr	₹165.8 Cr	+43.7%
Profit after tax	₹190.7 Cr	₹134.0 Cr	+42.3%
EBITDA margin	19.4%	18.0%	+1.4 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.