RAK Ceramics Reports 15.5% Increase in Q3 Net Profit to AED 78 Million

Abu Dhabi:RAK Ceramics PJSC has announced robust financial results for the third quarter ending September 30, 2026, showcasing significant growth in net profit and revenue. The company reported a net profit after tax of AED 78.0 million for Q3 2026, marking a 15.5% year-over-year increase from AED 67.5 million in Q3 2025.

According to Wam, RAK Ceramics experienced a 4.4% year-over-year revenue increase in Q3 2026, reaching AED 861.5 million compared to AED 824.9 million in the same period of the previous year. The company's strong performance was attributed to rising demand across key regions such as the UAE, the Middle East, and India, allowing it to capture market share successfully.

The company maintained a gross profit margin of 40.3% for Q3 2026, which showed a slight decrease from 40.5% in Q3 2025. For the nine months ending September 30, 2026, the total revenue was AED 2,445.1 million, representing a 0.7% increase from AED 2,428.2 million in the same period of 2025, while the gross profit margin remained stable at 40.3%.

In terms of profitability, RAK Ceramics' profit before tax rose by 13.4% to AED 98.3 million in Q3 2026, compared to AED 86.6 million in Q3 2025. For the nine-month period of 2026, profit before tax was largely stable at AED 237.0 million, slightly down from AED 237.8 million in the prior year. The company's EBITDA for Q3 2026 increased by 4.7% to AED 175.7 million, while experiencing a modest decline of 0.8% for the nine-month period year-over-year.

Despite regional and supply chain challenges, RAK Ceramics continued to maintain operational continuity and leverage its regional manufacturing and distribution strengths to ensure product availability and customer service reliability. As of September 30, 2026, the company's net debt increased by 4.7% quarter-over-quarter, standing at AED 1.59 billion, with a net debt/EBITDA ratio of 2.56x.