NSE: SOMANYCERA | BSE: 531548

Mid-range Performer

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558.25 -1.25 (-0.22%)

36.02% Fall from 52W High

23,192 NSE+BSE Volume

NSE 25 Jun, 2025 3:31 PM (IST)

2,289.4

Market Cap

Above industry Median

0.9

Beta 1Year

Low volatility

Somany Ceramics Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SOMANYCERA, BSE:531548 Somany Ceramics Ltd.

Somany Ceramics Ltd.

09 Sep 2019

558.25

-0.22%

Somany Ceramics

Hold: Somany Ceramics Ltd.

Recommendation Target

ICICI Securities Limited

Somany Ceramics has informed the stock exchanges that a cheque of | 26.2 crore issued in favour of the company by its stock broker Mentor has bounced owing to insufficient funds. Somany has issued demand notices for repayment to Mentor as per requirements of the applicable law. In view of default by Mentor, Somany has filed a case against Mentor and its directors with Haryana Police. Non recovery of these funds could lead the...

Somany Ceramics Ltd. has an average target of 675.50 from 4 brokers.

Somany Ceramics Ltd.

06 Aug 2019

558.25

-0.22%

Somany Ceramics

Buy: Somany Ceramics Ltd.

Target

ICICI Securities Limited

Share of GVT in product portfolio rises to 22% in Q1FY20 Somany's sales volumes grew 8.0% YoY to 11.9 MSM despite several operational challenges faced by the company in Q1FY20: a) lower inventory offtake at dealers' level due to lower end-user demand amid liquidity squeeze in the economy; b) stricter credit control measures by the company that further impacted sales (| 25-30 crore impact); c) two JVs were shut in May, 2019 for refurbishment. The effect of all these trickled down to the overall operating performance of Somany that reported ~80% utilisation in...

Somany Ceramics Ltd. has an average target of 675.50 from 4 brokers.

Somany Ceramics Ltd.

05 Aug 2019

558.25

-0.22%

Somany Ceramics (BUY): Decent volume growth but lower margins

Buy: Somany Ceramics Ltd.

Target

BOB Capital Markets Ltd.

Somany Ceramics (SOMC) reported in-line consolidated revenue growth of 3.9% YoY in Q1FY20 to Rs 3.95bn, as tile volumes grew 8% YoY.

Somany Ceramics Ltd. has lost -28.38% in the last 1 Year

Somany Ceramics Ltd.

05 Aug 2019

558.25

-0.22%

Somany Ceramics -1QFY20 Result Update

Hold: Somany Ceramics Ltd.

Recommendation Target

Reliance Securities

Somany Ceramics Ltd. is trading below its 200 day SMA of 566.7

Somany Ceramics Ltd.

19 Jun 2019

558.25

-0.22%

EARNINGS UPDATE-SOMANY 4QFY19

Buy: Somany Ceramics Ltd.

Target

Chola Wealth Direct

Sector: Construction Material /Mid-Cap | Earnings Update 4QFY19 Background: Somany Ceramics Ltd (SCL) was incorporated in 1969, and is now the third largest organised tiles manufacturer in India. Company, currently has installed capacity of 51 MSM and through outsourcing model has access to 9 MSM of additional capacity. Company also has capacity to produce 1.8mn pcs of sanitary ware products. Company's has two own manufacturing plant in Kassar, Haryana (19.63 MSM) and Kadi, Gujarat (6.65MSM). Company's has seven subsidiaries / Associate plants located in Gujarat with a capacity of 29MSM. In FY18, SCL has sold 49.52 MSM and we have estimated total industry market share of ~6.3% (volume), while it has...

Somany Ceramics Ltd. is trading below its 200 day SMA of 566.7

Somany Ceramics Ltd.

23 May 2019

558.25

-0.22%

Somany Ceramics

Buy: Somany Ceramics Ltd.

Target

ICICI Securities Limited

To increase share of GVT in product portfolio Somany's sales volumes grew 3.3% YoY to 51.2 MSM in Q4FY19 despite conscious credit monitoring. The 3.5 MSM Andhra GVT plant was commissioned in March, 2019 and is expected to reach 100% utilisation in Q2FY20E. Secondly, Somany is upgrading Kadi plant (| 30 crore capex) to augment manufacturing of value-added products and is expected to be operational by November, 2019. With new capacities being added and share of value-added products expected to increase, the management has guided...

Somany Ceramics Ltd. has gained 16.87% in the last 1 Month

Somany Ceramics Ltd.

22 May 2019

558.25

-0.22%

Somany Ceramics (BUY): Tepid quarter but guidance upbeat

Buy: Somany Ceramics Ltd.

BOB Capital Markets Ltd.

Somany Ceramics (SOMC) reported a 4% YoY dip in Q4FY19 consolidated revenue to Rs 5.2bn with tile volumes falling 3.3%. Consolidated operating margins rose 210bps YoY to 13.6% due to higher gross margins (+198bps), aiding EBITDA/PBT growth of 13.4%/16.6% YoY. Management has guided for double-digit volume growth in tiles, with stronger margins in FY20. We trim...

Somany Ceramics Ltd. has an average target of 675.50 from 4 brokers.

Somany Ceramics Ltd.

18 Feb 2019

558.25

-0.22%

EARNINGS UPDATE-SOMANY 3QFY19

Buy: Somany Ceramics Ltd.

Target

Chola Wealth Direct

Somany Ceramics Ltd. has gained 29.02% in the last 3 Months

Somany Ceramics Ltd.

18 Feb 2019

558.25

-0.22%

Somany Ceramics -3QFY19 Result Update

Somany Ceramics Ltd.

Reliance Securities

Somany Ceramics Ltd. is trading above its 150 day SMA of 523.1

Somany Ceramics Ltd.

13 Feb 2019

558.25

-0.22%

Somany Ceramics

Buy: Somany Ceramics Ltd.

ICICI Securities Limited

EBITDA margin expanded 150 bps QoQ to 8.2% in Q3FY19 as the company took a price hike across product portfolio in Q3FY19 PAT grew 2x QoQ to | 9.2 crore (above our expectation of | 8.5 crore) mainly on account of higher-than-expected EBITDA margin Clocks 8.0% YoY volume growth in Q3FY19 Somany Ceramics' (Somany) sales volumes grew 8.0% YoY (6.2% QoQ) to 12.77 MSM in Q3FY19 despite credit control measures implemented by the company from Q1FY19. The Andhra Pradesh plant (3.9 MSM GVT...

Somany Ceramics Ltd. has gained 29.02% in the last 3 Months

Is Somany Ceramics Ltd. worth buying?

72 Votes:

Buy 76.39%

Sell 15.28%

Hold 8.33%

RESEARCH REPORTS

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