LIXIL Posts 23 Per Cent Rise in Core Earnings
Company News

LIXIL Posts 23 Per Cent Rise in Core Earnings

LIXIL Corporation reported a 22.9 per cent increase in core earnings to ¥38.5 billion for the fiscal year ended 31 March 2026, supported by resilient international operations and strong growth across the India, Middle East and Africa (IMEA) region.

The company posted consolidated revenue of ¥1,510.7 billion, up 0.4 per cent year on year, while EBITDA rose by ¥7.1 billion to ¥121.6 billion. Net profit attributable to owners of the parent increased to ¥8.1 billion, aided by improved operating performance and lower corporate income tax expenses.

International business revenue grew to ¥520.9 billion, driven by contributions from Europe, India and the Middle East. The IMEA region emerged as one of LIXIL's strongest-performing markets, with revenue rising 15 per cent and core earnings increasing 4.3 times year on year. The growth was attributed to continued momentum for the GROHE brand and sustained demand across India and the Middle East.

In India, GROHE continued to expand its presence in the premium bathroom segment through a portfolio of design-led, technology-driven and sustainable solutions aligned with the premiumisation trend in the housing market. Revenue from LIXIL Water Technology's international business remained stable at ¥492.5 billion, while core earnings increased 31.2 per cent to ¥21.8 billion, supported by favourable product mix and growth in Europe and IMEA.

"In the fiscal year ending March 2026, we achieved year-on-year growth in both revenue and profit despite the business environment remaining more challenging than anticipated. Core earnings exceeded our initial forecast," said Kinya Seto, CEO, LIXIL. "Our strategic initiatives, including structural reforms and our shift to high-value-added products, are progressing and steadily yielding results."

Looking ahead, LIXIL has maintained its year-end dividend forecast for FYE2026 at ¥45 per share and expects its annual dividend for FYE2027 to remain unchanged at ¥90 per share. For the fiscal year ending March 2027, the company has projected revenue of ¥1,600 billion, core earnings of ¥45 billion and net profit of ¥12 billion as it continues to focus on innovation, supply chain resilience and sustainable growth across key markets.

LIXIL Corporation reported a 22.9 per cent increase in core earnings to ¥38.5 billion for the fiscal year ended 31 March 2026, supported by resilient international operations and strong growth across the India, Middle East and Africa (IMEA) region.The company posted consolidated revenue of ¥1,510.7 billion, up 0.4 per cent year on year, while EBITDA rose by ¥7.1 billion to ¥121.6 billion. Net profit attributable to owners of the parent increased to ¥8.1 billion, aided by improved operating performance and lower corporate income tax expenses.International business revenue grew to ¥520.9 billion, driven by contributions from Europe, India and the Middle East. The IMEA region emerged as one of LIXIL's strongest-performing markets, with revenue rising 15 per cent and core earnings increasing 4.3 times year on year. The growth was attributed to continued momentum for the GROHE brand and sustained demand across India and the Middle East.In India, GROHE continued to expand its presence in the premium bathroom segment through a portfolio of design-led, technology-driven and sustainable solutions aligned with the premiumisation trend in the housing market. Revenue from LIXIL Water Technology's international business remained stable at ¥492.5 billion, while core earnings increased 31.2 per cent to ¥21.8 billion, supported by favourable product mix and growth in Europe and IMEA.In the fiscal year ending March 2026, we achieved year-on-year growth in both revenue and profit despite the business environment remaining more challenging than anticipated. Core earnings exceeded our initial forecast, said Kinya Seto, CEO, LIXIL. Our strategic initiatives, including structural reforms and our shift to high-value-added products, are progressing and steadily yielding results.Looking ahead, LIXIL has maintained its year-end dividend forecast for FYE2026 at ¥45 per share and expects its annual dividend for FYE2027 to remain unchanged at ¥90 per share. For the fiscal year ending March 2027, the company has projected revenue of ¥1,600 billion, core earnings of ¥45 billion and net profit of ¥12 billion as it continues to focus on innovation, supply chain resilience and sustainable growth across key markets.

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement