Somany Ceramics
446.40
-2.25(-0.50%)
Market Cap₹1,840.00 Cr
PE Ratio34.34
Company Performance:
1D-0.50%
1M-8.04%
6M+1.39%
1Y-36.55%
5Y+111.81%
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More news about Somany Ceramics
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
446.40
-2.25
(-0.50%)
1 Year Returns:-36.55%
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