Financial Performance
Somany Ceramics Limited reported strong financial results for FY 2025-26, with standalone net profit growing 16% to ₹990.9 crore (₹9,909.38 lakhs) and revenue increasing 2.8% to ₹2,640.3 crore (₹2,64,029.86 lakhs). On a consolidated basis, revenue rose 4.9% to ₹2,78,983.85 lakhs while profit attributable to owners surged 35.2% to ₹8,119.12 lakhs. Basic EPS improved to ₹19.80 from ₹14.65 in the previous year.
Dividend and Corporate Actions
The Board recommended a final dividend of ₹2 per equity share, following an interim dividend of ₹4 per share already paid, bringing the total dividend to ₹6 per share for FY26. The company will hold its 58th Annual General Meeting on 12 August 2026 through video conferencing, with the record date for dividend set for 5 August 2026 if approved.
Strategic Developments and Operations
Key strategic moves included the acquisition of a 51% majority stake in Dura Build Care Private Limited, entering the building solutions and waterproofing market. The company expanded its market presence to 3,061 active dealers and 533 exclusive franchise showrooms, while manufacturing capacity reached 56.59 million square meters per annum across 10 facilities. The company received Great Place to Work® certification with a 97% score and won multiple brand awards.
ESG and Sustainability Performance
ESG initiatives were comprehensive with ₹249 lakhs CSR expenditure benefiting approximately 194,000 people across healthcare, sanitation, and education programs. Environmental metrics included 196,029 KL water consumption with Zero Liquid Discharge systems, 119,775 MT CO2 emissions, and 100% renewable biofuel usage. The company maintained 3.50 MWp captive solar capacity with additional 9.9 MWp secured.
Governance and Compliance
The Board comprises 8 directors (2 executive, 5 independent, 1 non-executive non-independent) with four meetings held during the year. Secretarial Audit Report contained no qualifications, and statutory auditors Singhi & Co. were reappointed for a second term. The company filed a Scheme of Amalgamation with NCLT Kolkata for merger of three wholly-owned subsidiaries.
Financial Position and Key Metrics
Standalone balance sheet showed total assets of ₹1,64,558.63 lakhs with net PP&E of ₹66,639.92 lakhs and cash equivalents of ₹12,470.66 lakhs. Accounts payable days improved to 48.83 days from 51.08 days, while sales concentration to dealers/distributors reached 87.21% of total sales. Supplier financing arrangements totaled ₹13,175.16 lakhs as of year-end.
Audit and Regulatory Matters
Key audit matters focused on trade receivables valuation (₹34,261.42 lakhs) and inventory impairment assessment (₹21,372.05 lakhs). Contingent liabilities totaled ₹3,759.78 lakhs including tax and duty disputes. The financial statements were prepared in accordance with Indian Accounting Standards and ESG reporting complied with SEBI Circular requirements.