Is Somany Ceramics a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Somany Ceramics Ltd is a below average quality company .

Is Somany Ceramics undervalued or overvalued?

The key valuation ratios of Somany Ceramics Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Somany Ceramics share price return in the past 10 years?

Somany Ceramics Ltd share price has appreciated 13.4% annually (CAGR) over the past ten years.

Is Somany Ceramics a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Somany Ceramics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Somany Ceramics Ltd - Stock Valuation and Financial Performance

Name: Somany Ceramics
Brand: Somany Ceramics

BSE: 531548 | NSE: SOMANYCERA | Ceramics/Marble/Granite/Sanitaryware | Small Cap

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Somany Ceramics Share Price

₹599.50 -3.30 -0.55%
as on 16-Apr'24 16:01

10 Year X-Ray of Somany Ceramics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	12.1%	14%	14.5%	13.8%	8.7%	6.8%	5.7%	8.2%	8.8%	7.4%	-
Value Creation Index ⓘ	-0.1	-0	0.0	0.0	-0.4	-0.5	-0.6	-0.4	-0.4	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,265	1,543	1,712	1,731	1,713	1,715	1,610	1,651	2,094	2,479	2,521
Sales YoY Gr.	-	22%	10.9%	1.1%	-1.1%	0.1%	-6.1%	2.5%	26.9%	18.3%	-
Adj EPS ⓘ	7.7	11.7	15.9	22.9	17.3	12.5	8.4	16.2	20.8	16.9	22
YoY Gr.	-	50.5%	36.5%	44%	-24.4%	-27.7%	-33.2%	93%	28.5%	-18.6%	-
BVPS (₹) ⓘ	57.5	66.4	101	123.7	137	144.7	143.1	150.9	171	184.7	175.1
Adj Net Profit ⓘ	30.1	45.2	67.4	97	73.4	53.1	35.5	68.6	88.2	71.8	90
Cash Flow from Ops. ⓘ	73.9	24.8	59.6	117	111	85.9	153	356	143	165	-
Debt/CF from Ops. ⓘ	2.3	7.8	4.1	4.2	4.9	6.7	3.3	1.2	3.3	3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.8%	7.7%	15.5%	18.3%
Adj EPS ⓘ	9.1%	-0.5%	26.4%	-18.6%
BVPSⓘ	13.8%	6.2%	8.9%	8%
Share Price	13.4%	7.3%	12.8%	15.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	16	18.8	19.6	20.4	13.3	8.9	5.8	11	12.9	9.5	12.3
Op. Profit Mgn % ⓘ	6.6	7	8.4	13.6	11.1	9.6	8.4	11.5	9.9	7.6	9.3
Net Profit Mgn % ⓘ	2.2	2.9	4	6.6	4.8	3.5	2.5	4.4	4.4	2.7	3.6
Debt to Equity ⓘ	0.8	0.7	0.6	1	0.9	0.9	0.8	0.7	0.7	0.6	-
Working Cap Days ⓘ	108	107	117	140	192	210	188	152	124	114	58
Cash Conv. Cycle ⓘ	28	31	38	60	100	102	97	68	40	34	6

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.30%

Sales growth is growing at healthy rate in last 3 years 15.46%

Net Profit is growing at healthy rate in last 3 years 26.42%

Debt to equity has declined versus last 3 years average to 0.62

Sales growth is not so good in last 4 quarters at 5.02%

Latest Financials - Somany Ceramics Ltd.

	Standalone	Consolidated
TTM EPS (₹)	24.6	22
TTM Sales (₹ Cr.)	2,484	2,521
BVPS (₹.) ⓘ	175.9	175.1
Reserves (₹ Cr.) ⓘ	713	710
P/BV ⓘ	3.42	3.44
PE ⓘ	24.46	27.30

From the Market
52 Week Low / High (₹)	507.70 / 818.00
All Time Low / High (₹)	3.02 / 973.80
Market Cap (₹ Cr.)	2,468
Equity (₹ Cr.)	8.2
Face Value (₹)	2
Industry PE ⓘ	43.8

Management X-Ray of Somany Ceramics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Somany Ceramics

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Somany Ceramics

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	1,265	1,543	1,712	1,731	1,713	1,715	1,610	1,651	2,094	2,479
Operating Expenses ⓘ	1,183	1,436	1,569	1,497	1,527	1,552	1,479	1,461	1,888	2,293
Manufacturing Costs	225	271	286	463	491	504	478	403	646	832
Material Costs	749	904	977	643	637	654	599	718	836	971
Employee Cost	83	101	123	192	217	228	239	225	257	301
Other Costs ⓘ	127	159	183	199	181	167	163	115	149	188
Operating Profit ⓘ	81	108	143	234	186	163	131	189	206	186
Operating Profit Margin (%)	6.4%	7.0%	8.3%	13.5%	10.9%	9.5%	8.2%	11.5%	9.8%	7.5%
Other Income ⓘ	3	8	9	17	18	19	13	14	14	17
Interest ⓘ	19	21	22	39	40	46	49	40	30	40
Depreciation ⓘ	22	27	28	31	41	44	59	62	64	68
Exceptional Items ⓘ	0	0	-4	-4	-4	-12	-26	-18	0	-2
Profit Before Tax ⓘ	44	68	97	177	118	80	10	83	126	93
Tax ⓘ	17	22	31	61	39	27	-10	22	33	26
Profit After Tax	27	46	66	115	79	53	20	61	93	67
PAT Margin (%)	2.1%	3.0%	3.8%	6.6%	4.6%	3.1%	1.2%	3.7%	4.5%	2.7%
Adjusted EPS (₹)	7.4	11.9	15.3	23.2	16.6	10.9	3.5	13.4	20.9	16.8
Dividend Payout Ratio (%)	20%	17%	15%	12%	16%	18%	57%	18%	14%	18%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	223	258	428	524	581	613	606	641	726	784
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	216	250	420	516	572	605	598	632	718	776
Minority Interest	4	5	20	83	96	90	94	100	108	108
Debt	147	162	209	440	477	511	445	373	428	446
Long Term Debt	71	77	120	178	165	237	197	151	175	185
Short Term Debt	76	85	89	262	312	273	248	221	254	261
Trade Payables	178	208	201	164	233	202	173	184	260	378
Others Liabilities ⓘ	194	233	272	365	410	408	245	406	446	360
Total Liabilities ⓘ	747	866	1,130	1,576	1,797	1,823	1,563	1,703	1,969	2,075
Fixed Assets
Gross Block	449	494	633	560	710	811	930	967	1,018	1,320
Accumulated Depreciation	209	231	252	32	62	98	153	208	266	304
Net Fixed Assetsⓘ	241	264	381	527	648	713	778	759	752	1,015
CWIP ⓘ	3	1	6	56	28	25	6	9	227	47
Investmentsⓘ	55	47	108	119	114	68	34	90	60	32
Inventories	91	136	139	221	260	255	328	245	274	391
Trade Receivables	215	259	317	427	504	418	280	221	237	268
Cash Equivalents	35	15	18	24	14	40	20	149	149	155
Others Assetsⓘ	109	143	161	202	229	305	117	230	271	167
Total Assets ⓘ	747	866	1,130	1,576	1,797	1,823	1,563	1,703	1,969	2,075

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	74	25	60	117	111	86	153	356	143	165
PBT ⓘ	44	68	97	177	118	80	10	83	126	93
Adjustment ⓘ	40	43	47	63	73	75	133	116	84	105
Changes in Working Capital ⓘ	3	-65	-60	-73	-48	-38	26	183	-33	-9
Tax Paid ⓘ	-13	-22	-24	-49	-33	-32	-15	-25	-35	-25
Cash Flow From Investing Activity ⓘ	-104	-38	-192	-131	-110	-89	-15	-90	-255	-91
Capex	-59	-51	-136	-105	-130	-156	-66	-41	-268	-172
Net Investments	-44	10	-60	-26	6	97	18	-75	-7	70
Others ⓘ	-1	3	4	-1	14	-30	34	27	20	11
Cash Flow From Financing Activityⓘ	39	-6	131	10	-10	27	-153	-139	64	-21
Net Proceeds from Shares ⓘ	54	0	117	6	4	10	0	0	0	0
Net Proceeds from Borrowing ⓘ	10	13	44	8	-8	88	-53	-47	21	16
Interest Paid ⓘ	-18	-20	-22	-40	-40	-41	-48	-40	-31	-38
Dividend Paid ⓘ	-5	-7	-9	-12	-14	-14	-17	-10	0	-13
Others ⓘ	-1	8	1	47	48	-16	-34	-42	74	14
Net Cash Flow ⓘ	9	-19	-1	-4	-9	24	-15	128	-49	52

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	14.09	19.08	19.11	24.16	14.32	8.92	3.2	9.72	13.67	8.86
ROCE (%)	17.48	20.99	21.25	25.45	14.78	10.93	5.15	11.33	13.76	10.75
Asset Turnover Ratio	1.95	2.01	1.81	1.41	1.04	0.95	0.98	1.04	1.18	1.27
PAT to CFO Conversion(x)	2.74	0.54	0.91	1.02	1.41	1.62	7.65	5.84	1.54	2.46
Working Capital Days
Receivable Days	53	53	58	71	97	98	77	54	39	36
Inventory Days	29	26	28	34	50	55	64	61	44	47
Payable Days	83	78	76	103	114	122	114	91	97	120

Somany Ceramics Ltd Stock News

Somany Ceramics Ltd FAQs

What is the share price of Somany Ceramics?

Company share prices are keep on changing according to the market conditions. The closing price of Somany Ceramics on 16-Apr-2024 16:01 is ₹599.5.

What is the market cap of Somany Ceramics?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2024 16:01 the market cap of Somany Ceramics stood at ₹2,467.6.

What is the P/E ratio of Somany Ceramics?

The latest P/E ratio of Somany Ceramics as of 16-Apr-2024 16:01 is 24.46.

What is the P/B ratio of Somany Ceramics?

The latest P/B ratio of Somany Ceramics as of 16-Apr-2024 16:01 is 3.42.

What is the 52-week high and low of Somany Ceramics?

The 52-week high of Somany Ceramics is ₹818.0 and the 52-week low is ₹507.7.

What is the TTM revenue of Somany Ceramics?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Somany Ceramics is ₹2,484 ( Cr.) .

About Somany Ceramics Ltd

Somany Ceramics, founded in 1969 by late H. L. Somany, is an internationally acclaimed organization that specializes in ceramics and allied products segment. In the last four decades, Somany Ceramics has established itself as an unchallenged leader in the Indian Ceramic Industry with significant presence in India, Africa, The Middle East, United Kingdom and Russia. The company has manufacturing plants in Kadi (Gujarat) and Kassar (Haryana), India and other joint venture plants.

Business area of the company

Somany is a complete décor solutions provider and its extensive range of products include - Ceramic Wall and Floor Tiles, Polished Vitrified Tiles, Glazed Vitrified Tiles, Digital Tiles, Sanitaryware and Bath Fittings as well as Tile Laying Solutions.

Products

Floor Tiles
Wall Tiles
Sanitaryware
Bath Fittings
Catalogues

Milestones

1968: Inception by Late Hira Lall Somany.
1971: Technical collaboration with Pilkington’s Tile Holdings, UK; First unit at Kassar, Haryana started commercial production with a capacity of 0.52 msm.
1981: Set up second unit in Kadi, Gujarat.
1994: Indian promoters bought over all the equity shares held by Pilkington.
1996: Received Government recognition for R&D facility - a first in the Indian tile industry.
2000: Received Export House award.
2007: Changed the name of the Company to Somany Ceramics Ltd.; Ventured into sanitary ware space.
2009: Received patent for its product - VC shield, India’s highest abrasion resistant tiles - a first in Indian tile industry.
2010: Commissioned first GVT manufacturing facility; Widened the Bath ware vertical by adding bath fitting products.
2011: Re-branded the Company with a changed logo; received prestigious Power Brand award for its perception, performance and brand recall.
2012: Received the Indian Power Brands Award second time in a row; Launched Digital tiles.
2014: Secured sanitary ware manufacturing facility; Received Corporate Technical Achievement Award form American Ceramic Society (ACerS) for VC Shield.
2017: Launched TVC campaign to reinforce brand visibility across digital, radio and print media.
2018: Secured bath-fitting manufacturing facility.
2019: Commissioned first manufacturing facility in South India; Endorsed ‘Salman Khan’ as brand ambassador.