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Kajaria Ceramics Q4 Results: IDBI Capital Downgrades Rating To 'Hold', Cuts Target Price Post Subdued Earnings
Near term challenges outweighs Kajaria Ceramics' valuation comfort, hence IDBI Capital downgrades to 'Hold' rating on the stock.
07 May 2025, 10:20 AM IST 
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Kajaria Ceramics reported mere 2% YoY increase in sales volume at 30.1 MSM, while net sales realization was down by 2% over Q4 FY24 to Rs 361/Sqm. (Photo Source: Company website)
Kajaria’s FY25 earnings were marred by subdued domestic demand and poor performance of sanitaryware segment. The brokerage will closely monitor demand revival of the industry in near future. The company is poised to benefit from incremental capacity, strengthened distribution network and superior pricing power over organized peers.
