Somany Ceramics
465.15
-9.75(-2.05%)
Market Cap₹1,907.56 Cr
PE Ratio32.78
Company Performance:
1D-2.05%
1M-12.71%
6M+5.90%
1Y-36.10%
5Y+195.99%
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More news about Somany Ceramics
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
465.15
-9.75
(-2.05%)
1 Year Returns:-36.10%
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