TickerSutra

NSE: SOMANYCERA · BSE: 531548 · ISIN INE355A01028

Somany Ceramics Limited stock analysis

Somany Ceramics Limited ranks #1703 in the TickerSutra evidence-ranked universe with a score of 51/100 and 95% data confidence. The latest captured fundamentals show ROCE of 12.8%, quarterly sales growth of 24.0% and quarterly profit growth of 242.7%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE51/100

Monitor only

#1703 of 5,430 ranked equities
Market capitalisation₹2,286.27cr
ROCE12.8%
Quarterly sales growth24.0%
Quarterly profit growth242.7%
P/E ratio20.8×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Strong CFO/EBITDA of 0.96×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹2,095cr₹207cr₹93cr10.0%
2023₹2,479cr₹189cr₹67cr8.0%
2024₹2,605cr₹253cr₹99cr10.0%
2025₹2,659cr₹222cr₹58cr8.0%
2026₹2,790cr₹258cr₹74cr9.0%
TTM₹2,935cr₹296cr₹101cr10.0%
Debt / equity0.44×
CFO / EBITDA0.96×
Operating margin10.0%
Free cash flow₹197cr
Sales CAGR · 3Y4.0%
Profit CAGR · 3Y3.4%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Pricing pressureHigh severity · 2 mentions
Risk easing

At the same time, locating production facilities closer to key regional markets reduces freight exposure and partially offsets cost pressures from logistics and energy. Product Premiumization Product premiumization addresses one of the Company’s most persistent competitive challenges, which is, pricing pressure from the unorganized sector and smaller manufacturers concentrated in Morbi. The Company is steadily moving

Demand slowdownHigh severity · 1 mention
Risk easing

FINANCIAL HIGHLIGHTS AND STATE OF AFFAIRS The summary of the Company’s financial statements, both on a standalone and consolidated basis, for FY 2025-26 as compared to the previous FY i.e. Nevertheless, despite weak demand conditions, especially in the first half of the FY, the Company recorded an increase in revenue by 2.8% to ` 2,64,029.86 Lakhs from ` 2,56,942.13 Lakhs in the previous FY. The Profit before Depreci

Pricing commentaryHigh severity · 4 mentions
Watch

Key Risk Area Context Risk Level Mitigation Measures In a volatile global and domestic economic environment, shifts in demand, currency fluctuations, and policy changes can directly influence business performance. Rising input and operational costs may compress margins, especially when price increases cannot be fully passed on to customers. Rapidly evolving environmental, financial, and operational regulations can im

Capacity expansion plansHigh severity · 8 mentions
Positive catalyst

Manufactured Capital Somany’s manufactured capital rests on its manufacturing facilities, production technologies, and logistics network, collectively enabling consistent quality, scale, and operational reliability. Continuous investments in automation, process optimization, and capacity expansion strengthen manufacturing capability and accelerate product development. By embedding smart manufacturing practices and en

Export market updatesHigh severity · 5 mentions
Constructive

By managing working capital efficiently, we have minimized our consolidated inventory levels and achieved a lean nine-day working capital cycle, aligning our production output precisely with real-time domestic market demand. 19 Message from the Managing Director Our market presence continued to strengthen structurally across both domestic and international markets during the year. Internationally, we proudly serve cu

Niche productsHigh severity · 1 mention
Positive catalyst

The Company is steadily moving its portfolio up the value chain, reducing exposure to commodity tiles and deepening its presence in higher-value categories with stronger realization potential. This includes expanding in segments such as Large-Format slabs, GVTs, and other specialized products featuring advanced textures, premium finishes, and functional innovations like anti-bacterial coatings. Beyond tiles, the stra

Raw material inflationModerate severity · 5 mentions
Risk easing

It contributes to the nation’s economic development through capital optimization and disciplined financial planning. Somany continues to improve productivity and process efficiency, while safeguarding margins against fuel and raw material cost volatility. This discipline has enabled Somany to sustain growth, consolidate its market position, and maintain a strong balance sheet.

Margin expansionModerate severity · 1 mention
Execution risk

We generally see a strong quarter-on-quarter drop when it comes to Q1. This time, we have seen strong improvement in margins. What's really leading to this change?

Regulatory updatesModerate severity · 53 mentions
Constructive

On the social front, the Company seeks to further strengthen employee development, foster inclusive growth, and expand its community impact. These efforts are underpinned by a robust governance framework that promotes ethical conduct, regulatory compliance, and continuous improvement. 6 Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met Somany

Management confidenceModerate severity · 2 mentions
Constructive

But currently, we are very confident of showing the 11-plus percent margins, which we showed last quarter and this quarter. So that is something which is we are confident. And we do believe that we are doing everything possible to go beyond 12%.

Regulatory approvalLow severity · 12 mentions
Watch

It promotes the use of alternative materials such as biomass fuel and industrial waste, including granite and marble sludge, to reduce environmental impact, conserve natural resources, and support sustainable supply chain practices. The Company implements its CSR initiatives through an annual action plan approved by the CSR Committee and the Board. Its community development efforts focus on healthcare, education, san

Institutional interestLow severity · 1 mention
Watch

The said section can be accessed at the web link: Means of Communication. Analyst / Investor calls The schedule of analyst and institutional investor meetings and presentations made to analysts/investors are intimated to the stock exchanges and are also hosted on the website of the Company. The transcripts of quarterly earnings conference calls are also available on the website of the Company at www.somanyceramics.co

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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