Kajaria Ceramics sets Sept. 21 record date for ₹6/share final dividend
Kajaria Ceramics has proposed a ₹6-per-share FY26 final dividend, subject to shareholder approval at its Sept. 15 AGM. The tile maker is also investing up to ₹12.15 crore in captive renewable-power entities to reduce energy costs at its Rajasthan plants.
What happened
Kajaria Ceramics set September 21, 2026 as the record date for a Rs 6-per-share FY26 final dividend, pending AGM approval. It is also investing up to Rs 12.15
Key facts
- Rs 6 per equity share final dividend
- 600% payout on Re 1 face value
- September 21, 2026 record date
- September 15, 2026 AGM
- October 14, 2026 payment deadline
- Rs 12.15 crore renewable-power equity investment
- Q1 FY27 net profit Rs 169 crore, up 55% YoY
- Q1 FY27 revenue Rs 1,328 crore, up 20% YoY
Why this matters
Kajaria’s ₹12.15 crore commitment to captive renewable entities signals a targeted infrastructure partnership strategy focused on cost control rather than major expansion.
What to watch
- AGM voting outcome and confirmed dividend payment date.
- Actual renewable-project commissioning timeline and amount invested versus the ₹12.15 crore cap.
- Quarterly power-and-fuel cost as a percentage of sales, EBITDA margin, and management commentary on savings.
- Tile volume growth, realizations, dealer inventory levels, and housing/renovation demand trends.
- Any additional capex, debt increase, or working-capital build following the dividend payout.
- Obtain shareholder approval for the ₹6-per-share final dividend at the Sept. 15 AGM and process payment after the Sept. 21 record date.
- Deploy up to ₹12.15 crore into captive renewable-power entities and finalize plant-level power offtake arrangements.
- Measure renewable generation, captive-power utilization, and realized energy-cost savings at Rajasthan facilities.
- Use lower energy costs to defend dealer incentives or selectively improve pricing competitiveness without materially sacrificing margins.