KCKajaria Ceramics500233Dividend news update

Rs. 12 interim dividend; board approves revised tile capacity expansion and new Durgapur adhesive plant

Board approved unaudited results (standalone and consolidated) for the quarter/half year ended September 30, 2026.

By ScoutQuest · Sat 24 Oct 2026, 7:14 PM IST · 2 min read

Interim dividend

Rs. 12 per equity share of Re. 1 each for FY 2026-27

Dividend record date

October 29, 2026

Srikalahasti expansion

add 12.50 MSM tiles a year, Rs. 340 Crores, by June 2027

One board meeting produced a dividend, the quarterly numbers and three factory decisions.

What the board approved

• The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reviewed by the statutory auditors.
• An interim dividend of Rs. 12 per equity share of Re. 1 each for the financial year 2026-27. The record date for deciding who is entitled is Thursday, October 29, 2026, and payment is to be made on or before November 22, 2026.

Srikalahasti, Andhra Pradesh

• Revised production capacity and revised cost approved for expanding this plant by 12.50 MSM (million square metres) of tiles a year.
• Estimated investment: Rs. 340 Crores. Expected completion: June 2027.
• Stated reason: to cater to the southern market in India.
• Mode of financing: internal accruals / banks, mainly LC (letters of credit).

Gailpur, Rajasthan

• Revised cost approved for expanding this plant by 11 MSM of tiles a year.
• Estimated investment: Rs. 180 Crores. Expected completion: April 2027.
• Stated reason: to meet demand in the northern market in India.
• Mode of financing: internal accruals / banks, mainly LC.

Durgapur, West Bengal: new tile adhesive plant

• A new manufacturing facility for tile adhesive with capacity of 9000 MT (metric tonnes) per month.
• Estimated investment: Rs. 34 Crores. Expected to be set up by December 2027.
• Stated reason: to feed the eastern India market for tile adhesive.
• The company's existing tile adhesive plant at Gailpur, also of 9000 MT per month capacity, is currently using 71% of that capacity, which is the backdrop for adding a second site.

Why the funding line matters

All three projects are to be financed through internal accruals or bank facilities, mainly letters of credit. That is the company's stated mode; the actual split between the two is not part of the disclosure.

How to read this

• The dividend is a cash return to shareholders; the record date fixes who is eligible, so shares must be held on that date to qualify.
• Capacity additions raise future output, but they are forward-looking: the completion dates are April 2027, June 2027 and December 2027 respectively.
• The wording 'revised' for both tile plants means the board re-approved the capacity/cost figures for expansions it had announced earlier (letters dated April 30, 2026 and July 31, 2026), so this is an update to existing plans rather than an entirely new set of projects, except Durgapur which is a new facility.
• The capacity being added is large relative to a single year's sales for a tiles company, so execution and demand conditions will decide the eventual benefit.
• For a novice: MSM is million square metres (a measure of tiles produced), MT is metric tonnes (a measure of adhesive produced), and LC means letter of credit, a bank instrument used to pay for equipment and inputs.

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