Kajaria Ceramics Announces Capacity Expansions and Interim Dividend
India: Kajaria Ceramics Limited's Board of Directors approved the company's unaudited financial results for the quarter and half-year ended 30 September 2026 at a meeting concluded on 24 October 2026. The board also declared an interim dividend of INR 12 per equity share (approximately USD 0.14), with 29 October 2026 set as the record date for determining shareholder eligibility. Dividend payments are expected to be completed by 22 November 2026.
The company also approved expansions at its tile manufacturing facilities in Srikalahasti, Andhra Pradesh, and Gailpur, Rajasthan. The Srikalahasti facility will add 12.5 million square metres of annual production capacity at an estimated investment of INR 340 crore (approximately USD 38.6 million), with completion targeted for June 2027. The Gailpur facility will add 11 million square metres at an estimated investment of INR 180 crore (approximately USD 20.5 million), with completion expected by April 2027. In addition, Kajaria plans to establish a tile adhesive manufacturing facility in Durgapur, West Bengal, with monthly capacity of 9,000 metric tonnes. The project is expected to cost INR 34 crore (approximately USD 3.9 million) and be completed by December 2027.
Source: Investy Wise
