Sonam declared an interim dividend of Re 0.30 per equity share on July 23, 2026, rewarding shareholders ahead of the financial year 2026-27. The Board of Directors approved the distribution during a meeting that commenced at 10:30 a.m. and concluded at 11:00 a.m. This declaration ensures eligible members receive returns on their investment, with payments scheduled for disbursement by August 21, 2026.

The company notified the National Stock Exchange of India Ltd regarding the outcome under Regulation 30 and Regulation 43 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, pursuant to Regulation 42 of the same regulations, Sonam fixed Tuesday, August 4, 2026, as the record date to determine the list of eligible members for the interim dividend payment.

Dividend Details

The following table outlines the key parameters of the interim dividend declaration:

Jayesh Chhabildas Shah, Chairman & Managing Director, signed the intimation letter submitted to the exchange. The company, formerly known as Sonam Clock Limited, operates from its registered office in Morbi, Gujarat. The dividend applies to equity shares bearing a face value of ₹5 each.

Sonam Limited reported a robust start to FY27 with revenue from operations increasing by 75.65% to ₹6,656.96 lakhs in Q1, driven by strong operational performance and new product launches. The clock manufacturer achieved a profit after tax (PAT) of ₹300.15 lakhs, marking a 126.99% surge from the previous year's corresponding quarter. EBITDA stood at ₹538.45 lakhs, registering a growth of 78.02%, while margins improved to 8.06% for EBITDA and 4.49% for PAT.

The financial performance was underpinned by the successful introduction of several innovative clock models, including premium designer wall clocks, digital calendar clocks, and modern lifestyle clocks. Management stated that these launches were strategically planned to cater to evolving consumer preferences and strengthen the company's presence across premium and value segments.

Financial Performance

The company’s focus on operational efficiency and disciplined cost management resulted in significant margin expansion during the quarter. The following table summarizes the key financial metrics for Q1 FY27:

Operational Outlook and Guidance

During the analyst meet held on July 20, 2026, Chairman & Managing Director Jayeshbhai Chhabildas Shah provided insights into the company's future trajectory. Despite the high growth in Q1, the management reiterated its full-year revenue growth guidance of 25% to 30%, noting that the exceptional quarterly performance was aided by a strategic stock of raw material acquired prior to price increases.

Capacity utilization for the quarter was reported between 60% and 70%. Looking ahead, the company expects revenue for the next quarter to be around ₹40 crores to ₹50 crores, contingent on the monsoon situation and demand in tier two and tier three cities.

Strategic Initiatives

sonam is actively pivoting towards a value-driven strategy, aiming to sell clocks in the range of ₹5,000 to ₹10,000 by the financial year 2027-28. This shift is intended to enhance margins and reduce reliance on volume-based sales. The company is also expanding its B2C presence through e-commerce platforms like Flipkart and Amazon, launching new products monthly.

To mitigate raw material price volatility, the company follows a 12-month procurement plan, purchasing materials six to seven months in advance of anticipated price hikes. This strategy, combined with in-house manufacturing capabilities, is expected to protect margins against inflationary pressures.