Rak Ceramics Pjsc · ADX:RAKCEC
Rak Ceramics Pjsc — Arqaam Capital 13th Annual MENA Investor Conference 2026
40 slides from Rak Ceramics Pjsc's conference presentation, June 2026
Slide 1: Arqaam Capital 13th Annual MENA Investor Conference
INVESTOR PRESENTATION – 2026 ARQAAM CAPITAL 13TH ANNUAL MENA INVESTOR CONFERENCE RAK Ceramics | June 2026 RAK Ceramics PJSC © 2026 All rights reserved 1
Slide 2: Contents
INVESTOR PRESENTATION – 2026 Contents 1 Company Overview 2 Segmental Overview 3 Business Update 4 Sustainability Overview 5 Financial Highlights 6 Stock Profile RAK Ceramics PJSC © 2026 All rights reserved 2
Slide 3: Company Overview
INVESTOR PRESENTATION – 2026 COMPANY OVERVIEW RAK Ceramics PJSC © 2026 All rights reserved 3
Slide 4: RAK Ceramics at a glance
INVESTOR PRESENTATION – 2026 RAK Ceramics at a glance Leading lifestyle brand offering premium home, bath & kitchen solutions Shareholding Structure +30 YEARS ~ 12,000 24.0% 35.2% Ceramic expertise Global workforce 6.4% 12.0% 15.6% 6.9% ~US$ 700MN ~US$ 1BN H.H. Sheikh Saud Bin Saqr Al Qasimi RAK Gov
Slide 5: Eras of RAK Ceramics
INVESTOR PRESENTATION – 2026 Eras of RAK Ceramics 1990-2000 | FOUNDATION 1989 1991 1993 2000 Founded by H.H. Sheikh First tile plant First sanitaryware plant Tile plant set-up in Saud Bin Saqr Al Qasimi, operational with annual operational with annual Bangladesh with annual Ruler of Ras Al Khaimah.
Slide 6: Manufacturing Process
INVESTOR PRESENTATION – 2026 Manufacturing Process 118MN 5MN 36MN 2.6MN Square metres of tiles Pieces of sanitaryware Pieces of tableware Pieces of faucets and taps GERMANY GLOBAL PRODUCTION LAYOUT AUSTRIA 24 plants worldwide IRAN HUNGARY INDIA BANGLADESH UAE 15 Tiles Plant 4 Sanitaryware Plant UAE
Slide 7: Our Philosophy
INVESTOR PRESENTATION – 2026 Our Philosophy To become the world’s leading lifestyle solution provider for home, bath & kitchen solutions LIFESTYLE BRAND INNOVATION HIGH-END QUALITY SUSTAINABILITY We are globally recognized Innovation is at the heart of We are known for our wide We operate in harmony
Slide 8: Segmental Overview
INVESTOR PRESENTATION – 2026 SEGMENTAL OVERVIEW RAK Ceramics PJSC © 2026 All rights reserved 8
Slide 9: Product offering
INVESTOR PRESENTATION – 2026 Product offering TILES SANITARYWARE We offer one of the largest Complete solutions provider collection of Ceramic and Gres offering products designed Porcelain wall and floor tiles, to suit all budgets and tastes super-sized slabs in the with accessories and industry. Ou
Slide 10: Tiles
INVESTOR PRESENTATION – 2026 Tiles RAK Ceramics offers one of the largest collections of high quality Ceramic and Gres TILES Porcelain Wall and Floor Tiles and Super-Sized Slabs in the industry. 5,000 SANITARYWARE 10x10 The current number 135x305 Our Smallest tile. of production Our largest tile. mo
Slide 11: Sanitaryware
INVESTOR PRESENTATION – 2026 Sanitaryware RAK Ceramics is internationally recognized for the high quality of its sanitaryware. This TILES quality comes from carefully selected premium raw materials that ensure a perfect finish of the products. SANITARYWARE 15,616 100 DAYS 100% Sanitaryware pieces Th
Slide 12: Tableware
INVESTOR PRESENTATION – 2026 Tableware Ceramic tableware Industry added a new chapter with launch of RAK Porcelain LLC in TILES United Arab Emirates. This company quickly went on to become the World’s leading supplier of professional grade Porcelain tableware in HORECA Industry SANITARYWARE 2005 100
Slide 13: Faucets
INVESTOR PRESENTATION – 2026 Faucets Kludi GmbH & Co. KG – founded in 1926 in the Sauerland region of Germany – TILES manufacturing high-quality faucets & fittings for bathrooms and kitchens 100 Top 100 Years of 170 100 Innovators SANITARYWARE Inventions Patents In German Experience SME sector TABLE
Slide 14: Business Update
INVESTOR PRESENTATION – 2026 BUSINESS UPDATE RAK Ceramics PJSC © 2026 All rights reserved 14
Slide 15: Business Highlight – Q1 2026
INVESTOR PRESENTATION – 2026 Business Highlight – Q1 2026 UAE: Achieved 0.5% YoY KSA: Revenue declined 8.7% revenue growth driven by the YoY reflecting a deliberate booming real estate sector and shift from volume-driven to favorable market dynamics. . higher-value tiles to improve ▪ Tiles revenue d
Slide 16: Impact of Regional Conflict on Our Business
IMPACT OF REGIONAL CONFLICT ON OUR BUSINESS INVESTOR PRESENTATION – 2026 March 2026 IMPACT, RESPONSE & OUTLOOK Centralized crisis management established, with strict cost control (Opex & Capex), enhancing liquidity management, logistics optimization, across the Group and direct all sales efforts to
Slide 17: Marketing updates - 2025
INVESTOR PRESENTATION – 2026 Marketing updates - 2025 Presence and Footprint Launch of the new rakceramics.com Strong relations with the 13 New Showrooms opened in 2024 website. Website metrics: 8% increase majority of the specialized adding to total of 45 showrooms in total users, 52% increase in o
Slide 18: Key Strategic Updates - 2026
INVESTOR PRESENTATION – 2026 Key Strategic Updates - 2026 • We are focusing on operational cost-optimization • Our Tiles Division is undergoing an upgrade with strategy to strengthen margin resilience and drive cutting-edge technology to manufacture cost efficiencies. differentiated, large-format ti
Slide 19: 2026 Priorities
INVESTOR PRESENTATION – 2026 2026 Priorities Market share growth & preservation, Operational KLUDI Transformation Business, Operations & Retail Expansion & discipline Risk management Brand awareness Maintain strong foothold in UAE & Optimize operations Focus on strengthening GCC, and capture increme
Slide 20: Sustainability Overview
INVESTOR PRESENTATION – 2026 SUSTAINABILITY OVERVIEW RAK Ceramics PJSC © 2026 All rights reserved 20
Slide 21: Sustainability updates - 2025
INVESTOR PRESENTATION – 2026 Sustainability updates - 2025 Continua Technology at MC5 RAK Ceramics’ Environmental Carbon Innovation Partnership: Advancing Zero-Emission Logistics Empowering Emirati Talent: RAK Factory: Sustainable Innovation Stewardship and Biodiversity Launch of UAE’s First Industr
Slide 22: Sustainability Highlights - 2025
INVESTOR PRESENTATION – 2026 Sustainability Highlights - 2025 RAK Ceramics PJSC © 2026 All rights reserved 22
Slide 23: Financial Highlights
INVESTOR PRESENTATION – 2026 FINANCIAL HIGHLIGHTS RAK Ceramics PJSC © 2026 All rights reserved 23
Slide 24: Financial Snapshot – Q1 2026
INVESTOR PRESENTATION – 2026 Financial Snapshot – Q1 2026 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 760.7M 39.4% AED 53.0M AED 38.2M 2.0% YoY 30 bps YoY 17.9% YoY 21.9% YoY NET PROFIT After Minority EBITDA NET DEBT Net Debt to EBITDA AED 35.6M AED 127.3M AED 1.56BN 2.53x 23.0%
Slide 25: Profitability Bridge
INVESTOR PRESENTATION – 2026 Profitability Bridge Q1 2025 vs Q1 2026 Profit Bridge (AEDM) -6.6% 11.2 17.9% 5.8 (8.0) 0.3 64.5 (0.2) 56.6 (6.3) (2.4) (12.0) 53.0 (13.0) (1.8) 38.2 Profit before Lower one-off Like for Like Lower Gross Lower GP Lower freight Higher Fixed Lower Lower Others Profit befor
Slide 26: Financial Snapshot – FY 2025
INVESTOR PRESENTATION – 2026 Financial Snapshot – FY 2025 PROFIT BEFORE TAX NET PROFIT AFTER TAX REVENUE GROSS MARGIN AED 3.28BN 40.0% AED 331.8M AED 248.5M 1.6% YoY 70 bps YoY 19.9% YoY 6.2% YoY* * UAE Corporate tax impact 69.8 vs 34.9m in last year NET PROFIT After Minority EBITDA NET DEBT Net Deb
Slide 27: Revenue Highlights – Q1 2026
INVESTOR PRESENTATION – 2026 Revenue Highlights – Q1 2026 MANAGEMENT COMMENTS TOTAL REVENUE (AED MN) • Q1 2026 revenue stood at AED 760.7 million, declining 2.0% year-on-year due Yearly Comparison to ongoing regional conflicts, trade 3M 2025 3M 2026 FY 2024 FY 2025 barriers, and supply chain disrupt
Slide 28: Revenue Contribution – FY 2025
INVESTOR PRESENTATION – 2026 Revenue Contribution – FY 2025 REVENUE CONTRIBUTION BY TILES & SANITARYWARE REVENUE TOTAL REVENUE CONTRIBUTION BY SEGMENT 2025% CONTRIBUTION BY REGION 2025% REGION 2025 % 14.0% 3.0% 7.2% 9.3% 6.8%2.5% 6.7% 11.0% 13.7% 40.5% 39.1% 21.7% 58.0% 14.0% 14.0% 10.3% 5.4% 9.8% 5
Slide 29: Gross Profit Margin Trend - Q1 2026
INVESTOR PRESENTATION – 2026 Gross Profit Margin Trend - Q1 2026 TOTAL GROSS MARGINS (%) TILES GROSS MARGINS (%) 36.2% 37.9% 39.3% 40.0% 39.7% 39.4% 37.9% 40.8% 41.2% 41.0% 41.2% 36.1% 36.6% 35.1% 2021 2022 2023 2024 2025 Q1 25 Q1 26 2021 2022 2023 2024 2025 Q1 25 Q1 26 SANITARYWARE GROSS MARGINS (%
Slide 30: UAE Operations - Q1 2026
UAE Operations- Q1 2026 INVESTOR PRESENTATION – 2026 MANAGEMENT COMMENTS TOTAL REVENUE (AED BN) GROSS PROFIT MARGIN (%) • In Q1 2026 revenue decreased by -3.6% at AED 422M , primarily due to ongoing regional conflict, trade barriers for exports and disruption in supply chain. Strong demand in the UA
Slide 31: Bangladesh Operations - Q1 2026
Bangladesh Operations - Q1 2026 INVESTOR PRESENTATION – 2026 MANAGEMENT COMMENTS REVENUE (AED MN) GROSS PROFIT MARGIN (%) • The Bangladesh economy is positioned for recovery after the national elections held in February 2026, with the newly formed government expected to revive stalled public-sector
Slide 32: Indian Operations - Q1 2026
INVESTOR PRESENTATION – 2026 Indian Operations - Q1 2026 MANAGEMENT COMMENTS REVENUE (AED MN) GROSS PROFIT MARGIN (%) • The Indian market remained strong despite supply issues from a gas crisis in Morbi, which caused plant shutdowns. Inventory buffers helped maintain service and meet extra demand. 4
Slide 33: Tableware performance trend - Q1 2026
INVESTOR PRESENTATION – 2026 Tableware performance trend - Q1 2026 MANAGEMENT COMMENTS REVENUE (AED MN) GROSS PROFIT MARGIN (%) • Tableware division revenue declined 8.3% due to regional conflicts and export restrictions. • Gross margins rose 340 bps YoY, driven by premium product sales. • Profit be
Slide 34: Kludi Group performance trend - Q1 2026
INVESTOR PRESENTATION – 2026 Kludi Group performance trend - Q1 2026 MANAGEMENT COMMENTS REVENUE (AED MN) GROSS PROFIT MARGIN (%) • In the Kludi Group, Q1 2026 revenue increased by 10.3% to AED 120.5 Mn, driven primarily by strong performance in the European markets. Gross margin improved by 30 bps
Slide 35: Balance Sheet Evolution – Mar 2026
INVESTOR PRESENTATION – 2026 Balance Sheet Evolution – Mar 2026 MANAGEMENT COMMENTS WORKING CAPITAL CYCLE (DAYS) RETURN ON EQUITY (%) • Overall working capital decreased by AED 4.0 176 191 183 180 172 million at 1.40 billion in Q1 2026 compared to 145 85 86 94 90 87 Q4 2025. 84 • Trade receivables d
Slide 36: EBITDA Working
INVESTOR PRESENTATION – 2026 EBITDA Working Quarterly comparison Q1 25 Q4 25 Q1 26 Amount in AED M Amount Amount Amount Net profit/(loss) after tax 48.9 65.8 38.2 Tax 15.7 28.2 14.8 Interest- net 23.0 24.3 21.5 Depreciation & amortization 51.9 55.8 54.1 Gain on valuation of land - (11.6) - (Gain) on
Slide 37: Stock Profile
INVESTOR PRESENTATION – 2026 STOCK PROFILE RAK Ceramics PJSC © 2026 All rights reserved 37
Slide 38: RAK Ceramics Share Price Movement
INVESTOR PRESENTATION – 2026 RAK Ceramics Share Price Movement RAK Ceramics (RAKCEC) Share Price Performance (AED) AED RAK CERAMICS (RAKCEC) SHARE PRICE PERFORMANCE (AED) WAP 2.49 3.3 3.1 52 week high 2.68 2.8 2.6 2.38 52 week low 2.21 2.3 2.1 As of 02th June 2026 1.8 CURRENT VALUATION (AED M) LTM T
Slide 39: Dividend Update
INVESTOR PRESENTATION – 2026 Dividend Update MANAGEMENT COMMENTS Historical annual Dividend paid (%) • For 2025-2027, the following Dividend policy has been approved by the Share Holders in the Annual General Meeting. • “RAK Ceramics is committed to returning capital to shareholders via a sustainabl
Slide 40: Thank You
INVESTOR PRESENTATION – 2026 Thank You CONTACT US If you have any questions or require further information, please visit corporate.rakceramics.com or contact investor relations team at [email protected] RAK Ceramics PJSC © 2026 All rights reserved 40
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