Somany Ceramics has received approval from the National Company Law Tribunal (NCLT) for the merger of its subsidiaries, including Somany Bathware, Excel Vitrified, and SR Continental, consolidating them under the parent company.
Somany Ceramics Limited
SOMANYCERAPrice History
Recent Discussions
HDFC Securities maintains a positive outlook on Somany Ceramics, setting the target price at Rs. 530, indicating continued optimism towards the company's growth prospects.
Somany Ceramics plans to enhance its earnings before interest, taxes, depreciation, and amortization (EBITDA) by 1.5%, focusing on expanding their product offerings in the bathware and adhesives sectors.
Somany Ceramics has earmarked an investment of ₹8 crore to acquire equity shares in Vintage Tiles, with the funds intended for enhancing both solar power and manufacturing plants.
Somany Ceramics has announced a recommended Rs. 2 per share final dividend for the upcoming fiscal year, while also planning an Rs. 8 crore investment in its subsidiary Vintage Tiles. For the next financial year, the company has appointed a new internal auditor.
Somany Ceramics reported a 6% growth in Q4 revenue, reaching INR 812 crore, while EBITDA margin significantly improved to 11.4%. The profit after tax (PAT) stood at INR 37 crore for the quarter.
Somany Ceramics proposes a significant interim dividend of Rs. 4 per share (doubling the current value), but it requires shareholder approval at the upcoming meeting on May 4, 2026.
Somany Ceramics has declared a Rs 4 interim dividend per share, offering shareholders a payout amidst ongoing operations.
Somany Ceramics has announced a dividend of INR 4 per share for the fiscal year 2025-2026, offering investors a partial return on their investments.
Somany Ceramics has pushed back the deadline for selling its stake in an associated company to February 2027, and this new schedule comes with a revised repayment plan that takes into account applicable interest rates.
Somany Ceramics Ltd is set to convene a board meeting on May 4, 2026, to deliberate on declaring an interim dividend for the fiscal year 2025-26. Shareholders' entitlement to the interim dividend will be determined based on their shareholdings as of May 8, 2026, subject to board approval.
The National Company Law Tribunal (NCLT) in Kolkata has approved the merger plan of Somany Ceramics Ltd, which includes its subsidiaries. The shareholder and unsecured creditor meetings for Somany Ceramics have been scheduled for June 13, 2026, to be held via video conferencing.
The Indian government's promise of a 70% increase in LPG supply has positively impacted shares of Kajaria Ceramics and Somany Ceramics, with a jump of 5% and 3% respectively. This move is expected to bring cost stability and potential margin growth for the tile manufacturing majors due to assured access to raw materials.
CRISIL has affirmed Somany Ceramics' credit rating, keeping their standing unchanged. For detailed information, visit Somany Ceramics' official website.