Somany Ceramics
417.20
-2.30(-0.55%)
Market Cap₹1,711.05 Cr
PE Ratio37.58
Company Performance:
1D-0.55%
1M-6.11%
6M-9.21%
1Y-42.18%
5Y+39.11%
View Company Insightsright
More news about Somany Ceramics
15Sept 25
Somany Ceramics Boosts Stake in Subsidiary with Rs 30 Crore Investment
Somany Ceramics has invested Rs 30 crores in its subsidiary, Somany Max Private Limited (SMPL), through a rights issue. The company acquired 3 crore additional equity shares at Rs 10 per share, increasing its stake from 80% to 85.71%. This investment aims to address SMPL's future cash flow requirements for loan repayment and support capital expenditure for the plant. SMPL, incorporated in 2022, specializes in manufacturing large format tiles and slabs, with its turnover growing from Rs 1,560.24 lakhs in 2023-24 to Rs 11,004.53 lakhs in 2024-25. The share allotment was completed on September 15, 2025, without requiring governmental or regulatory approvals.
05Sept 25
Somany Ceramics Reports Robust Q1 FY2023 Financial Results
Somany Ceramics announced robust financial results for Q1 FY2023. Standalone revenue reached Rs. 2,06,050.00 lakhs with a net profit of Rs. 2,626.00 lakhs. Consolidated revenue was Rs. 2,10,788.00 lakhs with a net profit of Rs. 1,936.00 lakhs. The company granted 3,50,102 stock options to employees under the Employee Stock Options Plan, 2021. Results were approved by the Board on August 10, 2022, after review by statutory auditors.
22Aug 25
Somany Ceramics Resumes Partial Operations at Kassar Plant Following Gas Supply Restoration
Somany Ceramics has partially restored operations at its Kassar plant in Bahadurgarh, Haryana, following the resumption of natural gas supply after a disruption in GAIL's Gauna-Bawana pipeline. The company is exploring options to mitigate the disruption and gradually increase production. All other manufacturing locations remain fully operational, and sales are not expected to be impacted. Somany Ceramics is committed to keeping stakeholders informed of further developments.
18Aug 25
Somany Ceramics Reports 4% Revenue Growth Amid Capacity Utilization Challenges in Q1
Somany Ceramics reported a 4% year-on-year revenue growth for Q1, with consolidated revenue at Rs. 601.00 crores. Sales volume increased by 3%, but capacity utilization dropped from 81% to 77%. The company faced challenges including low utilization at the Max plant and a kiln shutdown at the sanitaryware plant. GVT segment showed strength, increasing to 40% of revenue. The company launched a joint venture with Durabuild for construction chemicals and is implementing measures to improve capacity utilization. Management maintains guidance of high single-digit revenue growth and expects 1-1.5% EBITDA margin expansion.
17Aug 25
Somany Ceramics Halts Kassar Plant Operations Due to GAIL Gas Supply Disruption
Somany Ceramics has temporarily suspended operations at its Kassar plant in Bahadurgarh, Haryana, due to an unexpected disruption in gas supply from GAIL India Limited. The disruption was caused by a gas leakage incident on GAIL's Gauna-Bawana pipeline, attributed to heavy rainfall and flood-like conditions. Despite the shutdown, Somany Ceramics assures that sales will not be affected due to sufficient stock availability. All other plants of the company remain fully operational. GAIL has initiated restoration work, and Somany Ceramics is monitoring the situation closely.
13Aug 25
Somany Ceramics to Invest Up to 500 Million Rupees in Somany Max Private
Somany Ceramics plans to invest up to 500 million rupees in its subsidiary, Somany Max Private Limited (SMPL), through equity share subscription. The investment aims to support SMPL's cash flow needs for loan repayment and capital expenditure. SMPL, specializing in large format tiles and slabs, has shown significant growth since its inception. Somany Ceramics reported a 4.4% year-on-year increase in consolidated revenue to 6,013.70 million rupees for Q1 FY2025-26, with an EBITDA of 480 million rupees and a profit after tax of 70 million rupees.
15Jul 25
Somany Ceramics Completes 51% Stake Acquisition in Dura Build Care
Somany Ceramics Limited has completed the acquisition of a 51% equity stake in Dura Build Care Private Limited (DBCPL) for ₹10.30 crore. The company purchased 11,04,886 equity shares, making DBCPL a subsidiary of Somany Ceramics. This strategic move aims to expand Somany's presence in the building materials sector. The acquisition details were disclosed in compliance with SEBI regulations.
08May 25
Somany Ceramics Forecasts Strong Growth and Margin Improvement
Somany Ceramics has provided an optimistic outlook for the current fiscal year, projecting growth in the high single-digit to double-digit range. The company also anticipates an improvement in EBITDA margins by 1.00% to 1.50%. This positive guidance was shared during a recent conference call, indicating management's confidence in the company's strategic initiatives and market positioning. The projections suggest a potential recovery in the ceramics and building materials sector.
07May 25
Somany Ceramics: Q4 Profit Drops 31% Despite Revenue Growth
Somany Ceramics' Q4 FY25 results show revenue growth of 4.61% to ₹772.00 crore, but profitability declined significantly. EBITDA decreased by 17.74% to ₹65.40 crore, with EBITDA margin contracting to 8.47%. Net profit fell 31.82% to ₹21.00 crore. The company cited subdued demand, pricing pressure, and lower capacity utilization as key challenges.
31Mar 25
Somany Ceramics Completes Divestment of 51% Stake in Amora Tiles
Somany Ceramics Limited has completed the divestment of its 51% stake in Amora Tiles Private Limited (ATPL) for ₹92.82 crore. This action, announced on March 31, 2025, results in ATPL no longer being a subsidiary of Somany Ceramics. The divestment was executed in compliance with SEBI regulations and follows the company's earlier announcement on January 15, 2025. Shareholders can find more information on Somany Ceramics' official website.
26Mar 25
Somany Ceramics Bolsters Subsidiary with ₹102 Million Investment
Somany Ceramics Limited has invested ₹102 million in its subsidiary, Sudha Somany Ceramics Private Limited (SSCPL), through a rights issue of 11% Cumulative Redeemable Preference Shares. The investment aims to maintain Somany's 60% stake in SSCPL while providing capital for efficient operations, debt repayment, and growth. SSCPL, operating in the tile and sanitaryware sector, has shown consistent growth with turnover increasing from ₹11,939.58 lakhs in FY 2021-22 to ₹21,890.40 lakhs in FY 2023-24.
Somany Ceramics
417.20
-2.30
(-0.55%)
1 Year Returns:-42.18%
Industry Peers
Kajaria Ceramics
1,060.20
(-0.79%)
NITCO Tiles
82.81
(+1.00%)
Somany Ceramics
417.20
(-0.55%)
Asian Granito
63.62
(-0.66%)
Orient Bell
281.80
(+1.09%)
Exxaro Tiles
8.19
(-1.56%)
Manoj Ceramic
104.55
(-100.00%)
Regency Ceramics
44.68
(+3.26%)
Restile Ceramics
7.28
(+0.97%)