Somany Ceramics' Q1 FY 2025-26 Quarterly Results

Result Summary

• Somany Ceramics Ltd reported a 18.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.4%.
• Its expenses for the quarter were down by 13.9% QoQ and up 5.8% YoY.
• The net profit decreased 78.3% QoQ and decreased 40.0% YoY.
• The earnings per share (EPS) of Somany Ceramics Ltd stood at 2.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Somany Ceramics Ltd is a prominent player in the ceramic industry, primarily involved in the manufacturing and distribution of ceramic tiles, sanitary ware, and bath fittings. The company operates in the building materials sector, serving a diverse clientele that includes both residential and commercial markets. As of the last known update, Somany Ceramics has been focusing on expanding its product line and enhancing its distribution network to capture a larger market share in the highly competitive ceramics industry. However, specific recent major developments in the company are not available, and thus, further details on recent strategic initiatives are not provided in the available information.

Revenue

In the first quarter of FY26, Somany Ceramics Ltd reported a total income of ₹606.34 crores. This represents an 18.0% decrease from the fourth quarter of FY25, where the total income was ₹739.11 crores. Compared to the first quarter of FY25, which recorded a total income of ₹580.67 crores, there is a year-over-year increase of 4.4%. The company has thus shown a modest increase in revenue over the past year despite a significant quarter-over-quarter decline. These figures suggest changes in sales volume or pricing strategies that have impacted the revenue figures for the current quarter.

Profitability

The financial performance in terms of profitability for Somany Ceramics Ltd in Q1FY26 shows a profit before tax of ₹11.39 crores, which marks a significant decline of 77.9% from the previous quarter's ₹51.60 crores. Compared to Q1FY25, where the profit before tax was ₹18.38 crores, there is a 38.0% year-over-year decrease. The profit after tax for Q1FY26 is ₹7.35 crores, down 78.3% from Q4FY25's ₹33.88 crores and 40.0% from Q1FY25's ₹12.26 crores. The earnings per share for Q1FY26 stand at ₹2.50, reflecting a decrease of 66.7% from the previous quarter and 16.7% from the corresponding quarter last year. These metrics indicate a downturn in profitability over both quarterly and yearly comparisons.

Operating Metrics

In terms of operating expenses, the total expenses for Somany Ceramics Ltd in Q1FY26 were ₹594.95 crores, which represents a decrease of 13.9% from Q4FY25 when expenses were ₹690.78 crores. Compared to Q1FY25, which had expenses of ₹562.29 crores, there is a 5.8% year-over-year increase. The tax expenses have also decreased significantly in Q1FY26 to ₹4.04 crores from ₹17.72 crores in Q4FY25, indicating a 77.2% quarter-over-quarter decline, and a 34.0% decline from Q1FY25's ₹6.12 crores. These operating metrics reflect changes in cost management and tax liabilities over the periods considered.