📊 Kajaria Ceramics Q4 FY25 Results Analysis 📈

📊 Kajaria Ceramics Q4 FY25 Results Analysis 📈

💡 Recent Insights & Highlights

• Soft demand 📉: 2% YoY tile volume growth in Q4, 6% in FY25 (115 MSM).
  
  

• Margin pressure ⚖️: EBITDA margin fell to 10% in Q4 (vs 13.86% YoY) due to bathware losses, UK operations, and plywood provisions.
  
  

• Profit decline 💸: Consolidated PAT dropped 58% YoY to ₹43 Cr in Q4; FY25 PAT fell 30% to ₹294 Cr.
  
  

• Plywood exit 🚪: Discontinued operations led to ₹112 Cr exceptional loss in Q4.
  
  

📦 Volume Growth

📋 Consolidated Income Statement

📊 Key Ratios

• Interest Coverage (ICR) 🏦: 13.46x (Q4), 19.03x (FY25)
  
  

• PE Ratio (CMP ₹798) 📊: ~43.2x (based on FY25 EPS of ₹18.48)
  
  

📊 Consolidated Balance Sheet KPIs

💵 Consolidated Cash Flow Statement & Ratios

🔮 Near-Term & Short-Term Outlook

• Cost optimization 🔧: Plans to streamline expenses to improve margins.
  
  

• Expansions 🏭: Adhesive plant in Gailpur (operational by June 2025).
  
  

• Subsidiaries 🏢: Bathware expected to turn profitable in FY26; UK operations scaled down.
  
  

📢 Disclosure: Forward-looking statements involve risks like demand fluctuations and operational challenges1.

All data sourced from Kajaria Ceramics’ Investor Release (May 6, 2025).