Somany Ceramics Q2 FY26 Earnings Results

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.

 

Q2 FY26 Earnings Results

• Consolidated Revenue: ₹685 crore, up 13.6% QoQ from ₹606.34 crore in Q1 FY26 and a 2.8% increase YoY from ₹667.65 crore in Q2 FY25.​

• Profit Before Tax (PBT): ₹18.58 crore, up 63.1% QoQ but down 24.7% YoY from ₹24.68 crore in Q2 FY25.​

• Profit After Tax (PAT): ₹12.31 crore, a 67.5% increase QoQ from ₹7.35 crore in Q1 FY26 but down 29% YoY from ₹17.34 crore in Q2 FY25.​

• Earnings Per Share (EPS): ₹3.65, up 44.8% QoQ and down 12.7% YoY.​

• Tile volumes remained flat YoY at 17.8 million square meters.

• EBITDA margins were under pressure due to a combination of muted volumes, cost inflation, and a one-off impact, but management projects margin recovery in H2 FY26.​

• Key developments include approval of a draft scheme of amalgamation merging Somany Bathware, Somany Excel Vitrified, and SR Continental with Somany Ceramics, and acquisition of 51% stake in Dura Build Care.​

 

Management Commentary & Strategic Insights

• The management highlighted steady revenue growth despite challenging market conditions, including disruptions from weather and softer retail demand.​

• Emphasis on operational efficiencies and cost-optimization initiatives to stabilize margins.

• Export markets from the Morbi cluster are showing signs of recovery, aiding overall volume recovery and pricing discipline.

• The amalgamation plan aims to create operational synergies and unlock value across subsidiaries.

• Management expects EBITDA margin improvement of about 150 basis points in H2 FY26 as utilization rises and favorable operating environment continues.​​

 

 

Q1 FY26 Earnings Results

• Consolidated Revenue: ₹606.34 crore, up 4.4% YoY, down 18% QoQ from ₹739.11 crore in Q4 FY25.​

• Profit After Tax (PAT): ₹7.35 crore, down about 40% YoY and 78% QoQ from ₹33.88 crore in Q4 FY25.​

• EBITDA margin was around 8%, under pressure from increased operating expenses.​

• Tile volumes steady but realizations dipped slightly impacting topline.

• EPS was ₹2.52 showing decline from prior periods.

• Management focused on cost control and navigating challenging macroeconomic and weather-related headwinds

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.