Q1 2025 Kajaria Ceramics Ltd Earnings Call Transcript
Key Points
- Tile volumes grew by 7.8% year-over-year to 26.98 billion square meters despite softness in domestic demand.
- Consolidated revenue for the quarter increased by 5% to INR1,114 crores compared to the same period last year.
- The recently acquired ceramide unit in Morbi is expected to achieve optimum capacity utilization by Q4 FY25.
- India's tile exports experienced a 26% growth in FY24, reaching INR20,175 crores.
- The company anticipates low double-digit volume growth for the current financial year, driven by extensive branding and distribution efforts.
- PAT for the quarter decreased by 16% to INR90 crores compared to INR108 crores in Q1 FY24.
- Working capital days increased to 59 days from 58 days as of March 31, 2024.
- Gas prices remained high, impacting overall costs.
- The bathware segment's EBIT margin declined due to the new plant's initial low production.
- Freight rates have increased significantly due to geopolitical issues, affecting export margins.
Ladies and gentlemen, good day, and welcome to the Q1 FY25 results conference call of the Kajaria Ceramics Limited hosted by Equirus Securities. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Pranav Mehta from Equirus Securities. Thank you and over to you, Mr. Pranav.
On behalf of Equirus Securities, I welcome you all to the 1Q 2025 post-result con call with the management of Kajaria Ceramics. And on the management side, we have Mr. Ashok Kajaria, Chairman and Managing Director, Mr. Chetan Kajaria, Joint Managing Director, Mr. Rishi Kajaria, Joint Managing Director, Sanjeev Agarwal, CFO, Mr. Kartik Kajaria, Head Additives division, and Mr. Neerat Shah, DVP, Strategy and IR. I'll now hand over the call to Ashok, sir, for his opening remarks, post which we'll open up the floor for question and answer. Over to you, Mr. Ashok sir.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
