SOMANYCERA

Somany Ceramics share price & financials

Price
₹522.55
Market cap
₹2.1k Cr
Sector
Consumer Durables
Calls analysed
6
Latest concall · Q1 FY27 · call held 12 Aug 2026

Somany Ceramics Limited Q1 FY27

EBITDA Margin 11.6%

What went well

  • EBITDA margin expanded by 3.6 percentage points to 11.6% due to operational efficiencies and JV performance.
  • Standalone capacity utilization significantly improved to 83% in Q1 FY27 from 72% in Q1 FY26.
  • Joint Ventures turned profitable, reporting INR3 crores profit compared to a INR10 crores loss in the prior year's Q1.

What to watch

  • Exports declined significantly by 50-60% from peak due to geopolitical reasons, expected to continue for Q2.
  • Gas prices remained extremely volatile, with marginal increases from June through August.
Read the full call →

What Somany Ceramics Limited does

Somany Ceramics manufactures and markets ceramic and vitrified tiles, sanitaryware, bath fittings and tile adhesives/construction chemicals, sold under the Somany brand through a pan-India dealer and showroom network as well as export markets. Production is spread across own plants and several joint-venture/subsidiary units concentrated in the Bahadurgarh (Haryana), Kadi/Ahmedabad (Gujarat), Morbi (Gujarat), Tirupati (Andhra Pradesh) and Derabassi (Punjab) clusters. The company earns through a mix of in-house manufacturing, outsourced/JV tie-up volumes and third-party sourced products, positioning itself as an end-to-end decor solutions provider for residential and commercial spaces. It also exports tiles to dozens of countries and has been expanding into adjacent categories such as bath fittings and construction chemicals.

Segments

  • Tiles
  • Sanitaryware
  • Bath Fittings
Manufacturing facilities (own + JV/subsidiary)
9 across India
Tiles installed capacity
~75 million sq. metres per annum (including own plants, JVs and dedicated outsource tie-ups)
Sanitaryware installed capacity
0.48 million pieces per annum
Bath fittings installed capacity
1.30 million pieces per annum
Active dealer network
2,880 dealers
Showrooms in India
514
Founded 1968Headquarters Kolkata, West Bengal (registered office); Noida, Uttar Pradesh (corporate office)Employees 4,226 (FY 2024-25) Company website

Guidance record · Q1 FY27

what the last two calls moved 17 tracked 3 delivered 4 missed 10 open
  • Ad Spend as % of Sales went quiet said Q4 FY25 Promised: about 2.5% Q1 FY27: The topic was not addressed or updated for the second consecutive quarter.
  • EBITDA Margin Improvement revised up said Q4 FY26 Promised: improve by at least 1.5% from FY26 level of 9.3% Q1 FY27: Achieved 11.6% EBITDA margin in Q1. Management revised guidance upwards: 'That's the target that we achieve 12% and more.'
  • Sales Growth delivered, diluted said Q4 FY25 Promised: high single digit, low double-digit kind of guidance Q4 FY26: Achieved 5% sales growth for FY26, in line with the revised guidance of 'decent single-digit growth'.

All 17 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 18.9%, net profit up 105.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue642 623 743 582 658 +2%647 +4%753 +1%692 +19%
EBITDA32 32 47 35 41 +28%44 +38%63 +34%61 +74%
Net profit18 23 28 17 23 +28%22 −4%37 +32%35 +106%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +18.0% 1Y

₹350₹400₹450₹500₹550Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q3 FY26 — 28 Jan 2026Q4 FY26 — 15 May 2026Q1 FY27 — 12 Aug 2026

1Y: ₹479.15 on 10 Sept 2025 → ₹565.2. High ₹570.1 (2 Sept 2026), low ₹338.5 (9 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−0.4%
12 Aug
Q4 FY26
−1.2%
15 May
Q3 FY26
+3.3%
28 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 2.2% a year over 3 years, FY23 to FY26. Operating margin held at 6.9%.

Year endingFY23FY24FY25FY26
Revenue₹2.5k Cr₹2.5k Cr₹2.6k Cr₹2.6k Cr
Operating profit₹173 Cr₹169 Cr₹140 Cr₹183 Cr
Operating margin7.0%6.7%5.4%6.9%
Interest₹31 Cr₹8 Cr₹8 Cr₹11 Cr
Depreciation₹61 Cr₹47 Cr₹53 Cr₹62 Cr
Net profit₹69 Cr₹104 Cr₹85 Cr₹99 Cr
Net margin2.8%4.1%3.3%3.8%
Cash from operations₹119 Cr₹312 Cr₹88 Cr₹169 Cr
Free cash flow₹88 Cr₹277 Cr₹28 Cr₹136 Cr
ROCE13.0%17.0%13.0%16.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹8 Cr₹8 Cr₹8 Cr₹8 Cr₹8 Cr₹8 Cr
Reserves₹608 Cr₹696 Cr₹775 Cr₹715 Cr₹777 Cr₹883 Cr
Borrowings₹262 Cr₹251 Cr₹222 Cr₹56 Cr₹327 Cr₹137 Cr
Other liabilities₹319 Cr₹375 Cr₹464 Cr₹659 Cr₹791 Cr₹618 Cr
Total liabilities₹1.2k Cr₹1.3k Cr₹1.5k Cr₹1.4k Cr₹1.9k Cr₹1.6k Cr
Fixed assets₹429 Cr₹414 Cr₹462 Cr₹449 Cr₹1.0k Cr₹529 Cr
Capital work in progress₹4 Cr₹44 Cr₹1 Cr₹8 Cr₹16 Cr₹7 Cr
Investments₹157 Cr₹155 Cr₹161 Cr₹320 Cr₹16 Cr₹393 Cr
Other assets₹608 Cr₹716 Cr₹845 Cr₹661 Cr₹823 Cr₹716 Cr
Total assets₹1.2k Cr₹1.3k Cr₹1.5k Cr₹1.4k Cr₹1.9k Cr₹1.6k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, DIIs trimmed −3.59 pp while the public added +3.40 pp. The shareholder count grew 2% to 31,895.

Promoters
55.2%
FIIs
1.4%
DIIs
19.4%
Public
24.0%

Since Jun 2025

  • DIIs −3.59 pp
  • Public +3.40 pp
  • Promoters +0.18 pp

How it drifted, 12 quarters

Over this window DIIs fell from 23.6% to 19.4% — −4.2 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 54.8%, FIIs 1.4%, DIIs 23.6%, Public 20.1%.Dec '23: Promoters 54.8%, FIIs 1.4%, DIIs 23.3%, Public 20.5%.Mar '24: Promoters 55.0%, FIIs 1.3%, DIIs 23.8%, Public 19.8%.Jun '24: Promoters 55.0%, FIIs 1.6%, DIIs 23.5%, Public 19.8%.Sep '24: Promoters 55.0%, FIIs 1.8%, DIIs 23.5%, Public 19.7%.Dec '24: Promoters 55.0%, FIIs 1.6%, DIIs 23.6%, Public 19.8%.Mar '25: Promoters 55.0%, FIIs 1.5%, DIIs 23.6%, Public 19.9%.Jun '25: Promoters 55.0%, FIIs 1.4%, DIIs 23.0%, Public 20.6%.Sep '25: Promoters 55.0%, FIIs 1.0%, DIIs 23.2%, Public 20.8%.Dec '25: Promoters 55.0%, FIIs 0.9%, DIIs 23.0%, Public 21.1%.Mar '26: Promoters 55.2%, FIIs 1.3%, DIIs 21.6%, Public 21.8%.Jun '26: Promoters 55.2%, FIIs 1.4%, DIIs 19.4%, Public 24.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Somany Ceramics Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Abhishek Somany- Trustee Of Shakthi Family Trust 23.83%unchanged
Shrivatsa Somany - Trustee Of Sanrakshith Family Trust 10.25%unchanged
Shreekant Somany- Trustee Of Srijan Family Trust 10.25%unchanged
Kotak Small Cap Fund Mutual fund6.90%unchanged
Abhishek Somany Huf (Karta: Abhishek Somany) 4.52%unchanged
HSBC Small Cap Fund - HSBC Value Fund Mutual fund3.79%unchanged
Franklin Build India Fund - Franklin India Focused Equity Fund Mutual fund3.10%−1.01 pp
Nippon Life India Trustee Ltd-A/C Nippon India Flexi Cap Fund And Nippon India Value Fund Mutual fund2.84%−0.32 pp
Anjana Somany 2.56%unchanged
ICICI Prudential Housing Opportunities Fund - ICICI Prudential Equity & Debt Fund Mutual fund1.72%newly disclosed
Minal Somany 1.63%unchanged
Sanjeev Vinodchandra Parekh 1.55%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in SOMANYCERA

Filings to Aug 2026

0 new, 0 added, 1 trimmed, 0 sold out — net −1.56 L shares (−15.0%).

Held by funds
₹49 Cr
2 schemes
Biggest holder
Nippon India Flexi Cap Fund
₹33 Cr · 0.3% of that fund
SchemeHoldingLast month
Nippon India Flexi Cap Fund Nippon India Mutual Fund₹33 Crheld
Nippon India Value Fund Nippon India Mutual Fund₹16 Cr−1.56 L

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 1 trimmed — net −1.56 L shares (−15.0%)

Funds are sitting on
-7%
vs est. average cost
Held by funds
₹49 Cr
2 schemes · ≈ 2.2% of the company
Biggest holder
Nippon India Flexi Cap Fund
₹33 Cr · 0.3% of that fund

Shares held by these funds −10%

Aug '23 10.39 L shares Jul '26

What the price assumes

Fair

To justify its price of ₹565, this stock must grow earnings at 13% every year for 7 years. Our analysis caps realistic growth at ~12%. At that growth it is worth ₹512 — downside of 9%.

Growth the price implies
13.4% a year
for 7 years, fading to 4%
It has actually compounded at
12.6% a year
net profit, FY23–FY26 · EPS 11.5%
The gap
0.0 pp
-9% downside if it only repeats history
Price today ₹565.2 Value at the reference growth ₹512.49

Change the assumptions yourself →

All earnings calls (5)

Read the Q1 FY27 call →

Learn to analyse Somany Ceramics Limited

Guides on how to read this kind of business and the numbers that matter.