Kajaria Ceramics Declares Q2 FY25 Results, Remains Strong Player in Ceramics Industry

Despite the negative financial performance in the quarter ending September 2024, Kajaria Ceramics remains a strong player in the ceramics, marble, granite, and sanitaryware industry. The company has declared its financial results for the quarter on October 22, 2024, with a ‘Hold’ stock call by MarketsMOJO.

While the company’s score has fallen from -7 to -12 in the last three months, there are still some positive aspects to note. Kajaria Ceramics has shown a strong operating cash flow of Rs 601.65 crore annually in the last three years, indicating higher cash revenues from business operations.

However, there are some areas of concern based on the Sep 2024 financials. The company’s Profit Before Tax less Other Income (PBT) has fallen by -20.47% year on year, and the Profit After Tax (PAT) has also declined by -21.9% year on year. The Operating Profit (PBDIT) has been consistently falling in the last five quarters, and the Operating Profit Margin is at its lowest in the last five quarters, indicating a decline in efficiency.

The company’s Earnings per Share (EPS) has also decreased to Rs 5.29, showing a decline in profitability and lower earnings for shareholders. Despite these challenges, Kajaria Ceramics remains a largecap player in the industry and has the potential to bounce back in the future.