04-Nov-2026 17:13:22
SOMANYCERAAcquisition and merger
SOMANYCERA Q2 : CONS NET PROFIT UP 238% AT ₹41.56 CR (YOY), UP 21% (QOQ). STRONG (ON 1ST LOOK)
• Revenue up 25.6% at ₹860.65 Cr (YOY), up 14.8% (QOQ). • Ebitda up 78% at ₹101.89 Cr (YOY), up 13.5% (QOQ); margins 11.8% v 8.4% (YOY), 12.0% (QOQ). • Board approved acquisition of up to 25% more equity in Somany Sanitary Ware, raising stake from 51% to up to 76%. • Interim dividend of ₹6/share (300% on ₹2 face value) declared; record date 13 November 2026. • Caution: Q2 includes ₹2.37 Cr exceptional item for Haryana local area tax settlement. • Impact: Strong profit and Ebitda growth with higher margins and proposed stake increase in Somany Sanitary Ware; the exceptional tax settlement is a caveat.
Somany Ceramics Ltd
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