RAK Ceramics, one of the world’s leading lifestyle ceramics brands, reported strong financial results for the third quarter ended September 30, 2026.
RAK Ceramics achieved revenue growth and double-digit profit growth supported by strong demand across the UAE, Middle East and India.
The group continued to capture market share opportunities in key markets, while disciplined execution and proactive management actions helped maintain operational continuity despite regional and supply chain disruptions, it said.
The group’s strong regional manufacturing and distribution footprint remained a key competitive advantage, enabling consistent product availability and reliable customer service. Continued focus on operational efficiency, market expansion and customer engagement further strengthened the Group’s position across its core markets.
Overall, the quarter demonstrated RAK Ceramics’ ability to translate market opportunities into profitable growth while effectively navigating a challenging operating environment.
In Q3 2026, total revenue was AED861.5 million, an increase of 4.4% YoY from AED824.9 million in Q3 2025. For the nine months ended September 30, 2026 (9M 2026), total revenue stood at AED2,445.1 million, an increase of 0.7% YoY compared with AED2,428.2 million in 9M 2025.
In Q3 2026, gross profit margin was 40.3%, compared to 40.5% in Q3 2025. For 9M 2026, gross profit margin remained stable at 40.3%, in line with 9M 2025.
In Q3 2026, profit before tax increased by 13.4% YoY to AED98.3 million, compared to AED86.6 million in Q3 2025. For 9M 2026, profit before tax was broadly stable at AED237.0 million, compared with AED237.8 million in 9M 2025.
In Q3 2026, net profit after tax increased by 15.5% YoY to AED78.0 million, from AED67.5 million in Q3 2025. For 9M 2026, net profit after tax increased by 1.0% YoY to AED184.5 million, compared with AED182.7 million in 9M 2025.
In Q3 2026, EBITDA increased by 4.7% YoY to AED175.7 million from AED167.9 million in Q3 2025. For 9M 2026, EBITDA declined by 0.8% YoY to AED460.5 million, compared to AED464.3 million in 9M 2025.
Net debt stood at AED1.59 billion as at September 30, 2026, an increase of 4.7% QoQ. Net debt/EBITDA increased to 2.56x from 2.48x as at June 30, 2026.
Abdallah Massaad, Group Chief Executive Officer of RAK Ceramics, said: “We delivered a strong performance in Q3 2026, with revenue growth and double-digit profit growth despite continued geopolitical uncertainty, supply chain disruptions and elevated logistics costs. Strong demand in the UAE, Middle East and India, together with disciplined execution, supported our performance and enabled us to capture further market share opportunities in key markets.
“Our regional manufacturing footprint, strong brand and diversified product portfolio continue to be important competitive advantages. During the quarter, we remained close to our customers and responded quickly to changing market conditions, using local sourcing, alternative logistics routes and inventory buffers to maintain supply and service levels.
“Looking ahead, we remain focused on building on this momentum. We will stay agile in monitoring the evolving geopolitical and operating environment and respond proactively to changing market conditions. We will continue to strengthen our position in our core markets, improve operational performance across the Group and progress our value creation initiatives in Europe, India and Bangladesh. At the same time, we continue to invest in our future growth, including our new facility in Saudi Arabia, retail expansion and higher-value product categories. We remain confident in RAK Ceramics’ long-term growth prospects and our ability to deliver sustainable value for our shareholders.” - TradeArabia News Service

