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Somany Ceramics Ltd Stock Analysis

Small Cap
Evaluated by 1141 users | BSE: 531548 | NSE: SOMANYCERA |
Ceramics/Marble/Granite/Sanitaryware

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...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Somany Ceramics Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 13.77%14.12%15.22%12.05%13.96%14.48%13.83%8.73%6.84%5.66%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 7208791,0541,2651,5431,7121,7311,7131,7151,610
Y-o-Y Gr. Rt.-22.1%19.9%20%22%10.9%1.1%-1.1%0.1%-6.1%
Adjusted EPS (Rs.) 7.057.579.367.7411.6515.922.917.3212.538.37
Y-o-Y Gr. Rt.-7.4%23.7%-17.3%50.5%36.5%44%-24.4%-27.7%-33.2%
Book Value per Share (Rs.) 30.1136.4944.3757.5366.42101.03123.68137.02144.66143.1
Adjusted Net Profit 24.326.132.330.145.267.49773.453.135.5
Net Op. Cash Flow (Rs. Cr.) 23.578.670.773.924.859.611711185.9153
Debt to Cash Flow from Ops 7.592.122.32.327.754.14.244.876.673.26
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Somany Ceramics Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 9.4%0.9%-2.4%-6.1%
Adjusted EPS 1.9%-6.4%-28.5%-33.2%
Book Value per Share 18.916.65-1.1
Share Price 30.5% 3% -11.9% 346.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 26.0622.7423.1515.9818.7919.6420.3813.298.895.81
Operating Profit Margin (%) 9.538.618.186.637.018.4313.5611.129.618.36
Net Profit Margin (%) 3.382.973.122.192.93.996.584.793.52.48
Debt to Equity 1.721.321.060.770.740.570.950.930.930.82
Working Capital Days 125117112108107117140192210193
Cash Conversion Cycle 68553728313860100102100
Entity Percentage Holding
Promoters 54.77%
Institutions 18.95%
Non-Institutions 26.28%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Somany Ceramics Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Somany Ceramics Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Somany Ceramics Ltd's performance infers:

Somany Ceramics Ltd earnings have declined by -6.4%, whereas share price has appreciated 3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Somany Ceramics Ltd share prices over the last 10 years. Here is what we found out:

Somany Ceramics Ltd share price has appreciated 27.7% annually over the past ten years.

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

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.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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