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KAJARIACER
targets sustained double-digit volume growth for the full year. Market Position: Narrowing price gap with unorganized Morbi market (now 20%-25%) expected to enhance branded players’ market share. Diversification: Expansion in non-tile segments; adhesive business aims for INR 400 crores revenue next fiscal. Capacity Expansion: GVT capacity at Srikalahasti (12.5 MSM) and Gailpur (11 MSM) to be completed by June and April 2027 respectively. New Facilities: Adhesive plant in Durgapur (9,000 MT/month) planned by December 2027, with an investment of INR 34 crores.
Guidance: Company targets sustained double-digit volume growth for the full year.
Market Position: Narrowing price gap with unorganized Morbi market (now 20%-25%) expected to enhance branded players’ market share.
Diversification: Expansion in non-tile segments; adhesive business aims for INR 400 crores revenue next fiscal.
Capacity Expansion: GVT capacity at Srikalahasti (12.5 MSM) and Gailpur (11 MSM) to be completed by June and April 2027 respectively.
New Facilities: Adhesive plant in Durgapur (9,000 MT/month) planned by December 2027, with an investment of INR 34 crores.#FundamentalViews#EquityResearch#WatchOutFor#MacroViews#StockInNews
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