Somany Ceramics Q4FY26: Consolidated Revenue Rises 6% YoY, Net Profit at 378M Rupees
Somany Ceramics reported Q4FY26 consolidated net profit of 378M rupees versus 213M rupees YoY, with revenue at 8.1B rupees versus 7.7B rupees YoY. EBITDA stood at 923M rupees against 625M rupees in the prior year period, with EBITDA margin improving to 10.13% from 8.16%. Full-year FY26 consolidated sales reached INR 2,771 crore, up 4.8% YoY, while net debt declined sharply to INR 105 crore from INR 225 crore.
*this image is generated using AI for illustrative purposes only.
Somany Ceramics Limited delivered a resilient performance in Q4FY26, with consolidated revenue growing 6% year-on-year to INR 812 crore (8.1B rupees). Consolidated net profit for the quarter stood at 378M rupees versus 213M rupees in the same period last year. EBITDA came in at 923M rupees against 625M rupees YoY, with EBITDA margin at 10.13% compared to 8.16% in Q4FY25. The company maintained stable production levels despite external headwinds, supported by a diversified manufacturing footprint and uninterrupted operations across its North and South manufacturing facilities.
Q4FY26 Operational Highlights
Tiles production in Q4FY26 stood at 11.65 msm, comprising 6.42 msm from own plants and 5.23 msm from JVs. Capacity utilisation during the quarter was healthy across segments:
- 82% in tiles
- 83% in sanitaryware
- Optimum capacity in faucets
Total tiles volume grew 2% YoY in Q4FY26, as detailed below:
| Category: | Q4FY25 (msm) | Q4FY26 (msm) |
|---|---|---|
| Own Manufacturing | 6.53 | 6.94 |
| JVs (Tiles) | 5.78 | 6.13 |
| Others Tiles | 8.10 | 7.75 |
| Total | 20.41 | 20.82 |
For the full year FY26, total tiles volume also grew 2% YoY to 72.11 msm from 70.85 msm in FY25.
Consolidated Financial Performance
The following table presents the consolidated Profit & Loss performance for Q4FY26 and FY26:
| Particulars: | Q4FY26 | Q4FY25 | Growth | FY26 | FY25 | Growth |
|---|---|---|---|---|---|---|
| Sales (INR crore) | 812 | 766 | 6.0% | 2,771 | 2,643 | 4.8% |
| EBITDA (INR crore) | 92 | 62 | 47.8% | 258 | 221 | 16.7% |
| EBITDA Margin | 10.13% | 8.16% | +1.97% | 9.3% | 8.4% | +0.9% |
| Profit Before Tax (INR crore) | 58 | 25 | 131.0% | 114 | 87 | 30.6% |
| PBT Margin | 7.1% | 3.3% | +3.8% | 4.1% | 3.3% | +0.8% |
| PBT after Exceptional Item (INR crore) | 54 | 25 | 117.0% | 109 | 85 | 27.5% |
| Profit After Tax (INR crore) | 37 | 19 | 99.9% | 74 | 58 | 27.8% |
| PAT – Controlling Interest (INR crore) | 38 | 21 | 77.3% | 81 | 60 | 35.2% |
| EPS (INR) | 9.23 | 5.20 | 77.5% | 19.80 | 14.65 | 35.2% |
Standalone Financial Performance
On a standalone basis, Somany Ceramics also recorded meaningful improvement. Sales grew 0.9% YoY to INR 748 crore in Q4FY26, while EBITDA surged 35.8% to INR 63 crore, with EBITDA margin expanding to 8.5% from 6.3% in Q4FY25. Standalone PAT rose 31.7% YoY to INR 37 crore, with EPS of INR 9.15 for the quarter.
| Particulars: | Q4FY26 | Q4FY25 | Growth | FY26 | FY25 | Growth |
|---|---|---|---|---|---|---|
| Sales (INR crore) | 748 | 741 | 0.9% | 2,628 | 2,560 | 2.6% |
| EBITDA (INR crore) | 63 | 47 | 35.8% | 184 | 139 | 32.1% |
| EBITDA Margin | 8.5% | 6.3% | +2.2% | 7.0% | 5.4% | +1.6% |
| Profit Before Tax (INR crore) | 53 | 37 | 43.5% | 138 | 103 | 33.3% |
| Profit After Tax (INR crore) | 37 | 28 | 31.7% | 99 | 86 | 15.6% |
| EPS (INR) | 9.15 | 6.94 | 31.8% | 24.16 | 20.89 | 15.7% |
Sales Value Breakdown
Consolidated sales value for Q4FY26 and FY26 across categories is presented below:
| Category: | Q4FY25 (INR crore) | Q4FY26 (INR crore) |
|---|---|---|
| Own Manufacturing | 198.35 | 214.57 |
| Others Tiles | 211.94 | 227.05 |
| Others | 233.57 | 233.37 |
| Bathware | 94.09 | 99.80 |
| Others | 27.91 | 37.18 |
| Total | 765.86 | 811.97 |
For the full year, total consolidated sales value grew 5% to INR 2,770.51 crore in FY26 from INR 2,643.31 crore in FY25, with Bathware contributing INR 318.90 crore versus INR 295.76 crore in FY25.
Balance Sheet and Working Capital
The company's consolidated balance sheet reflects continued deleveraging. Total consolidated debt declined to INR 251 crore as of March 2026 from INR 302 crore in March 2025. Consolidated net debt reduced sharply to INR 105 crore from INR 225 crore, with the net debt-to-equity ratio improving to 0.12 from 0.29.
Consolidated Working Capital & Net Debt Trend (INR crore):
| Metric: | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|
| Working Capital Days | 31 | 8 | 13 | 9 |
| Debtors | 378 | 347 | 369 | 334 |
| Inventories | 391 | 287 | 334 | 352 |
| Trade Payable | 268 | 337 | 338 | 301 |
| Net Debt | 308 | 257 | 225 | 105 |
| Net Debt Equity Ratio | 0.39 | 0.36 | 0.29 | 0.12 |
On a standalone basis, net debt improved further to INR -123 crore as of March 2026, with a net debt-to-equity ratio of -0.14, reflecting a net cash position.
Manufacturing Footprint and Capacity
As of March 31, 2026, Somany Ceramics operates Pan India manufacturing facilities across Punjab, Gujarat, Haryana, and Andhra Pradesh. Key capacity details include:
- Tiles capacity: ~75 msm p.a. (including dedicated outsource tie-ups)
- Sanitaryware capacity: 0.48 mn pcs p.a. (excluding outsource tie-ups)
- Bath fittings capacity: 1.30 mn pcs p.a. (excluding outsource tie-ups)
Shareholding Pattern
As of March 31, 2026, the shareholding pattern of Somany Ceramics stood as follows, with total equity shares of 4,10,12,806 of ₹2/- each:
| Shareholder Type: | 31st Mar'26 | 31st Dec'25 |
|---|---|---|
| Promoters | 55.2% | 55.0% |
| FII | 1.3% | 0.9% |
| DII | 21.6% | 23.0% |
| Others | 21.9% | 21.0% |
The company's focus remains on driving sustainable and profitable growth through product-mix improvement, higher capacity utilisation, disciplined working-capital management, and stronger free cash flow generation.
Historical Stock Returns for Somany Ceramics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.06% | -6.18% | +2.15% | +1.03% | -4.85% | +1.93% |
With net debt reduced to INR 105 crore and a standalone net cash position, how might Somany Ceramics deploy its strengthened balance sheet — through capacity expansion, acquisitions, or shareholder returns in FY27?
Given that tiles volume grew only 2% YoY despite healthy capacity utilisation of 82%, what pricing and product-mix strategies could Somany pursue to accelerate revenue growth beyond volume gains?
As the Bathware segment contributed INR 318.90 crore in FY26, what is the realistic growth trajectory for this division, and could it become a more significant revenue driver relative to the core tiles business?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
