NSE: SOMANYCERA | BSE: 531548

Mid-range Performer

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468.35 -0.20 (-0.04%)

36.70% Fall from 52W High

11,479 NSE+BSE Volume

NSE 25 Sep, 2025 12:12 PM (IST)

1,920.8

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.

12 Aug 2016

468.35

-0.04%

Somany Ceramics: In-line; Volume growth disappoints; Strong margins l

Buy: Somany Ceramics Ltd.

Motilal Oswal

Somany reported revenue growth of 5% YoY to INR 411cr, below our estimate of INR448cr on account of lower than expected volume growth of 3.5% YoY. However, EBITDA margin expanded by 200 bps YoY to 8.1% (above our expectation of 7.7%), mainly on account of lower gas costs & higher share of own manufacturing. As a result, EBITDA grew by 39% YoY to INR 33.5cr which, coupled with higher other income led to PAT growth of 71% YoY to INR 17.9cr as against our estimate of INR19.0cr. We expect EBITDA margin to improve going ahead on account of increasing share of value added mix, lower...

Somany Ceramics Ltd. has lost -34.37% in the last 1 Year

Somany Ceramics Ltd.

10 Aug 2016

468.35

-0.04%

Somany Ceramics

Hold: Somany Ceramics Ltd.

Recommendation Target

ICICI Securities Limited

Somany Ceramics’ (Somany) revenue growth was subdued at 5.3% to | 411.4 crore and was below our estimate of | 472 crore largely on account of subdued volume growth of 3.5% YoY to 11.1 million square metre (MSM) (vs. our estimate of 12.4 MSM). The EBITDA margin expanded 194 bps YoY to 7.5% mainly on account of lower power & fuel costs as a percentage of sales (8.0% in Q1FY17 vs. 11.8% in Q1FY16) following the fall in natural gas prices.PAT grew robustly by 74.1% YoY to | 17.9 crore and was marginally below our estimate of | 19.1 crore owing to subdued topline growth. ICICI Securities Limited do not see any upside and downgrade to HOLD. They value stock at 25x FY18E EPS (at ~17% discount to Kajaria in line with historical average) & ascribe a TP of | 582.

Somany Ceramics Ltd. has an average target of 603.67 from 3 brokers.

Somany Ceramics Ltd.

18 Jul 2016

468.35

-0.04%

Somany Ceramics Ltd: Multiple triggers to drive 12 % CAGR in organiz

Buy: Somany Ceramics Ltd.

Motilal Oswal

Multiple triggers to drive 12% CAGR in organized tile industry: (i) Government policy reforms like Swachh Bharat Abhiyaan, 100 smart cities, Housing for all by 2022, real estate bill, implementation of GST, (ii) Tile penetration is at just 11% in India with bulk of the houses having mud and cement flooring, (iii) shift towards value added vitrified tiles, (iv) Anti-dumping duty of USD 1.37/sq.m on imports from China, imposed in March 2016 is likely to get extended which shall translate to higher growth for domestic manufacturers. The growth of the tiles industry (size currently pegged at INR255bn) has decelerated from 20% CAGR in FY10-FY14 to 9% over FY14-16 largely due to the sustained slowdown in real estate, particularly in metros and tier-1 cities. However with structural drivers discussed above, we expect the organised tiles industry growth to accelerate to a CAGR of 12% over the next two years. Motilal Oswal value Somany at 24.2x FY18E earnings (a 15% discount to Kajaria) and arrive at a target price of INR 700.

Trendlyne has 5 reports on SOMANYCERA updated in the last year from 4 brokers with an average target of Rs 494.3. Brokers have a rating for SOMANYCERA with 1 price upgrade in past 6 months.

Somany Ceramics Ltd. is trading below all available SMAs

Somany Ceramics Ltd.

26 May 2016

468.35

-0.04%

Somany Ceramics

Buy: Somany Ceramics Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Somany Ceramics' (Somany) topline grew 12.7% YoY to | 513.5 crore (vs. our estimate of | 492.8 crore) mainly driven by volume growth of...

Somany Ceramics Ltd. has lost -34.37% in the last 1 Year

Somany Ceramics Ltd.

23 Mar 2016

468.35

-0.04%

Somany update 23March2016

Somany Ceramics Ltd.

Phillip Capital

it to expand sales volumes and subsequent cash flows have helped it to deleverage. SCL believesmostofitsfuturegrowthwillcomethroughJVsduetolowinvestmentneedsvis visagreenfieldexpansion.Thus,itexpectstogeneratebetterreturnsthroughlowercapital...