Kajaria Ceramics, a prominent tile manufacturer, has announced a significant final dividend for the financial year ended March 31, 2026. The company's board recommended a payout of Rs 6 per equity share, translating to a substantial 600% dividend based on its Re 1 face value per share.
Key Dates for Shareholders
Shareholders looking to receive this dividend should note the crucial dates. Kajaria Ceramics has officially set Monday, September 21, 2026, as the 'Record Date'. This date will determine which shareholders are eligible to receive the final dividend. Only those whose names appear in the company's Register of Members or Beneficial Owners as of this date will qualify.
The final dividend recommendation will be put to a vote at the company's 40th Annual General Meeting (AGM), scheduled for Tuesday, September 15, 2026. If approved by the shareholders at the AGM, the dividend payment will be processed on or before October 14, 2026.
Recent Company Performance and Strategic Moves
In recent market activity, Kajaria Ceramics shares closed at Rs 1,236.50 on Friday, experiencing a 1.95% decline. Despite this short-term dip, the stock has shown robust growth, gaining 28.36% year-to-date in 2026.
Beyond its financial payouts, Kajaria Ceramics is also focusing on sustainability and cost efficiency. The company recently entered into a shareholders' agreement with Sunsure Solarpark Fourty Three Pvt Ltd and Sunsure Energy Pvt Ltd. This partnership aims to generate and supply solar and wind power to its Gailpur and Malootana manufacturing facilities in Rajasthan, significantly reducing power costs.
Financially, Kajaria Ceramics reported strong first-quarter results for FY27. Consolidated net profit attributable to owners saw a 55% year-on-year increase, reaching Rs 169 crore compared to Rs 109 crore in Q1 FY26. Revenue from operations also climbed 20% year-on-year to Rs 1,328 crore from Rs 1,103 crore in the corresponding period.