Somany Ceramics Ltd
NSE:SOMANYCERA
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Somany Ceramics Ltd
NSE:SOMANYCERA
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IN |
Somany Ceramics Ltd
Somany Ceramics Ltd. engages in the manufacturing and trading of ceramic products. The company is headquartered in Noida, Uttar Pradesh. The firm is engaged in manufacturing ceramic/vitrified wall and floor tiles. The company operates through Ceramic Tiles and Allied products segment. The company offers a range of products include ceramic tile, floor tiles, polished vitrified tiles, digital tiles, wall tiles, wall claddings, sanitary ware, bathroom fittings, and tile laying solutions. Its wall and floor tiles categories include ceramic, duragres, wall cladding-Novaclad, durastone, and polished vitrified. The company offers wall and floor tiles for bedroom, living room, kitchen, bathroom, kid’s room, outdoor and terrace wall cladding. Its allied products include body of hi-flow divertor, body of regular divertor, brass beauty solution, cloth liner and echo bottle trap round. Its tile laying solutions include Ezy Fix, and EZY Grout. Its brands include Somany Duragress, Somany Durastone, Somany Glostra, Somany Vistoso, Somany Vitro, Somany Slipshield and Somany Signature.
Somany Ceramics Ltd. engages in the manufacturing and trading of ceramic products. The company is headquartered in Noida, Uttar Pradesh. The firm is engaged in manufacturing ceramic/vitrified wall and floor tiles. The company operates through Ceramic Tiles and Allied products segment. The company offers a range of products include ceramic tile, floor tiles, polished vitrified tiles, digital tiles, wall tiles, wall claddings, sanitary ware, bathroom fittings, and tile laying solutions. Its wall and floor tiles categories include ceramic, duragres, wall cladding-Novaclad, durastone, and polished vitrified. The company offers wall and floor tiles for bedroom, living room, kitchen, bathroom, kid’s room, outdoor and terrace wall cladding. Its allied products include body of hi-flow divertor, body of regular divertor, brass beauty solution, cloth liner and echo bottle trap round. Its tile laying solutions include Ezy Fix, and EZY Grout. Its brands include Somany Duragress, Somany Durastone, Somany Glostra, Somany Vistoso, Somany Vitro, Somany Slipshield and Somany Signature.
Sales Growth: Somany Ceramics reported 6% sales growth in Q3, with consolidated sales reaching INR 677 crores.
Margin Improvement: EBITDA margin improved by 80 basis points to 9.2%, and gross margins rose by 2.2% from the previous quarter.
Profit Surge: PAT doubled year-on-year from INR 9 crores to INR 18 crores, and PBT rose by 28%.
Max Plant Losses: Losses at the Max plant reduced to INR 6 crores in Q3, and management expects losses to fall below INR 10 crores next year, aiming for breakeven within 18 months.
Debt Reduction: Total outside debt fell from INR 288 crores to INR 231 crores year-to-date; further repayments will bring debt down to INR 50 crores by the end of FY '28.
Stable Gas Prices: Gas prices remained largely stable across plants, and management expects this trend to continue.
Steady Guidance: Company maintained its guidance for single-digit growth for the year and expects EBITDA margin to improve by 1% to 1.5% in Q4.
