Somany Ceramics Ltd
Somany Ceramics Ltd is engaged in manufacturing and trading of complete decor solutions, its products include ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary-ware, bath fittings and allied products.[1]
- Market Cap ₹ 2,931 Cr.
- Current Price ₹ 715
- High / Low ₹ 819 / 561
- Stock P/E 29.8
- Book Value ₹ 176
- Dividend Yield 0.42 %
- ROCE 14.5 %
- ROE 13.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 4.07 times its book value
- Company has a low return on equity of 11.4% over last 3 years.
- Dividend payout has been low at 15.0% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ceramic Products Industry: Ceramics - Tiles / Sanitaryware
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,043 | 1,251 | 1,525 | 1,685 | 1,731 | 1,713 | 1,715 | 1,610 | 1,651 | 2,095 | 2,479 | 2,591 | |
957 | 1,169 | 1,417 | 1,541 | 1,497 | 1,523 | 1,550 | 1,477 | 1,460 | 1,888 | 2,290 | 2,338 | |
Operating Profit | 86 | 82 | 108 | 144 | 234 | 189 | 165 | 133 | 191 | 207 | 189 | 253 |
OPM % | 8% | 7% | 7% | 9% | 14% | 11% | 10% | 8% | 12% | 10% | 8% | 10% |
2 | 3 | 7 | 4 | 13 | 10 | 5 | -15 | -7 | 13 | 13 | 9 | |
Interest | 20 | 19 | 21 | 22 | 39 | 40 | 46 | 49 | 40 | 30 | 40 | 46 |
Depreciation | 20 | 22 | 27 | 28 | 31 | 41 | 44 | 59 | 62 | 64 | 68 | 73 |
Profit before tax | 48 | 44 | 68 | 97 | 177 | 118 | 80 | 10 | 83 | 126 | 93 | 143 |
Tax % | 32% | 39% | 33% | 32% | 35% | 33% | 34% | -104% | 27% | 26% | 28% | 30% |
32 | 28 | 47 | 68 | 115 | 79 | 53 | 20 | 61 | 93 | 67 | 99 | |
EPS in Rs | 9.28 | 7.43 | 11.94 | 15.27 | 23.16 | 16.62 | 10.93 | 3.54 | 13.45 | 20.88 | 16.83 | 23.63 |
Dividend Payout % | 13% | 20% | 17% | 15% | 12% | 16% | 18% | 57% | 18% | 14% | 18% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 16% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 13% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 10% |
3 Years: | 15% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 146 | 216 | 250 | 420 | 516 | 572 | 605 | 598 | 632 | 718 | 778 | 712 |
162 | 171 | 191 | 243 | 497 | 541 | 574 | 529 | 460 | 512 | 534 | 378 | |
306 | 353 | 335 | 372 | 422 | 518 | 477 | 416 | 452 | 550 | 682 | 886 | |
Total Liabilities | 621 | 747 | 784 | 1,044 | 1,443 | 1,639 | 1,664 | 1,552 | 1,554 | 1,788 | 2,003 | 1,984 |
200 | 241 | 264 | 381 | 527 | 648 | 713 | 778 | 759 | 752 | 1,015 | 1,121 | |
CWIP | 9 | 3 | 1 | 6 | 56 | 28 | 25 | 6 | 9 | 227 | 47 | 10 |
Investments | 9 | 55 | 47 | 108 | 119 | 114 | 68 | 34 | 90 | 60 | 32 | 15 |
403 | 449 | 473 | 549 | 741 | 849 | 859 | 734 | 696 | 749 | 908 | 839 | |
Total Assets | 621 | 747 | 784 | 1,044 | 1,443 | 1,639 | 1,664 | 1,552 | 1,554 | 1,788 | 2,003 | 1,984 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
71 | 74 | 25 | 60 | 117 | 111 | 86 | 153 | 356 | 143 | 165 | 393 | |
-40 | -104 | -38 | -192 | -131 | -110 | -89 | -15 | -90 | -255 | -91 | -123 | |
-28 | 39 | -6 | 131 | 10 | -10 | 27 | -153 | -139 | 64 | -21 | -356 | |
Net Cash Flow | 4 | 9 | -19 | -1 | -4 | -9 | 24 | -15 | 128 | -49 | 52 | -85 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 63 | 62 | 69 | 90 | 107 | 89 | 63 | 49 | 41 | 40 | 48 |
Inventory Days | 71 | 44 | 55 | 50 | 114 | 148 | 142 | 200 | 125 | 119 | 147 | 106 |
Days Payable | 95 | 87 | 84 | 72 | 84 | 133 | 113 | 105 | 94 | 114 | 141 | 170 |
Cash Conversion Cycle | 37 | 20 | 33 | 46 | 119 | 123 | 118 | 158 | 80 | 47 | 45 | -17 |
Working Capital Days | 31 | 22 | 31 | 39 | 80 | 89 | 91 | 89 | 55 | 37 | 31 | 9 |
ROCE % | 22% | 17% | 20% | 21% | 24% | 14% | 11% | 7% | 12% | 12% | 9% |
Documents
Announcements
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 1d
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Announcement under Regulation 30 (LODR)-Change in Management
25 May - Mr. Siddharath Bindra (DIN: 01680498), Independent Director of the Company would be completing his second and final term as an Independent Director on May 25, …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
21 May - Annual Secretarial Compliance Report issued by M/s. Pinchaa & Co., Company Secretaries for the Financial Year ended 31st March, 2024. The report may also be …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
17 May - In reference to our earlier letters dated 6th May, 2024 & 15th May, 2024 and pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015, …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023TranscriptPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Aug 2016TranscriptNotesPPT
Product Offerings Revenue Break-up FY23
The company's product portfolio comprises ceramic tiles (34%), polished vitrified tiles (26%), glazed vitrified tiles (29%), sanitary ware (6%), and bath fittings (4%). [1]