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.
Q3 FY26 Earnings Results
- Revenue from Operations: Consolidated ₹685 cr, +5.7% YoY vs ₹666 cr, +13.35% QoQ vs ₹604 cr; standalone ₹644 cr (+3.8% YoY), driven by festive demand and channel offtake despite subdued real estate/renovation activity.
- EBITDA: Consolidated ₹62 cr (+16% YoY), margin 9.09% (expansion on cost management); operating profit/net sales ratio peaked, reflecting efficiency amid flat YoY revenue.
- PAT: Consolidated ₹18 cr (+93.5% YoY vs ₹10 cr), +67.5% QoQ; standalone ₹22 cr (−3.5% YoY); 9M revenue ₹1,980 cr (+4.5% YoY), PAT ₹43 cr (+12% YoY), EPS ₹10.57 (+12% YoY).
- Other key metrics: 9M consolidated net income ₹43.4 cr (+12% YoY); Morbi exports expected ₹19,500 cr FY26 (+9% YoY, absorbing capacity); tile segment resilient with volume stability.
Management Commentary & Strategic Decisions
- Sequential revenue recovery masks YoY weakness from soft demand; profitability surge via operational efficiencies and cost control; optimistic on industry absorption.
- Strategic moves: Expect Morbi export growth to stabilize capacity; focus on decor solutions, channel expansion; no specific dividends/guidance updates noted.
Q2 FY26 Earnings Results
- Revenue from Operations: Consolidated ₹685 cr (+2.8% YoY vs ₹667 cr, +13.6% QoQ vs ₹606 cr); H1 growth modest amid industry headwinds.
- EBITDA: Improved margins on cost discipline.
- PAT: ₹12.31 cr (−29% YoY vs ₹17 cr, +67.5% QoQ vs ₹7.35 cr), EPS ₹3.65 (−13% YoY); H1 PAT impacted by pricing pressures.
- Other key metrics: Q1 PAT ₹7.35 cr (−40% YoY); strategic acquisitions noted for portfolio strengthening.
Management Commentary Q2
- Topline steady despite competitive pricing; cost management aided margins.
- Strategic moves: Acquisitions to bolster decor range; navigating soft demand via efficiency.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.