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5315

Somany Ceramics BSE:531548 Stock Report

Last Price

₹577.75

Market Cap

₹24.5b

7D

-3.5%

1Y

-21.6%

Updated

27 Sep, 2022

Data

Company Financials +
531548 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends3/6

531548 Stock Overview

Somany Ceramics Limited engages in the manufacture and sale of ceramic tiles and related products in India.

Somany Ceramics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Somany Ceramics
Historical stock prices
Current Share Price₹577.75
52 Week High₹952.45
52 Week Low₹512.50
Beta1.27
1 Month Change-10.73%
3 Month Change3.35%
1 Year Change-21.59%
3 Year Change193.65%
5 Year Change-31.66%
Change since IPO3,731.24%

Recent News & Updates

Shareholder Returns

531548IN BuildingIN Market
7D-3.5%-4.0%-3.7%
1Y-21.6%1.1%-1.9%

Return vs Industry: 531548 underperformed the Indian Building industry which returned 1.1% over the past year.

Return vs Market: 531548 underperformed the Indian Market which returned -1.9% over the past year.

Price Volatility

Is 531548's price volatile compared to industry and market?
531548 volatility
531548 Average Weekly Movement2.7%
Building Industry Average Movement5.9%
Market Average Movement5.8%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.7%

Stable Share Price: 531548 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 531548's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19681,888Shreekant Somanyhttps://www.somanyceramics.com

Somany Ceramics Limited engages in the manufacture and sale of ceramic tiles and related products in India. It offers ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitaryware, and bath fittings, as well as tile laying solutions. The company provides its products under the Somany Duragress, Somany Durastone, Somany Glostra, Somany Vistoso, Somany Vitro, Somany Slipshield, Somany VC Shield, Somany Signature, and Somany French Collection brand names.

Somany Ceramics Fundamentals Summary

How do Somany Ceramics's earnings and revenue compare to its market cap?
531548 fundamental statistics
Market Cap₹24.46b
Earnings (TTM)₹1.05b
Revenue (TTM)₹23.24b

23.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
531548 income statement (TTM)
Revenue₹23.24b
Cost of Revenue₹15.85b
Gross Profit₹7.38b
Other Expenses₹6.34b
Earnings₹1.05b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)24.69
Gross Margin31.78%
Net Profit Margin4.51%
Debt/Equity Ratio65.6%

How did 531548 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

12%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 531548 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531548?

Other financial metrics that can be useful for relative valuation.

531548 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA12.5x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 531548's PE Ratio compare to its peers?

531548 PE Ratio vs Peers
The above table shows the PE ratio for 531548 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average28.3x
526951 Stylam Industries
26.9xn/a₹18.1b
538979 Greenlam Industries
39.4x31.6%₹39.2b
500128 Electrosteel Castings
5.9xn/a₹20.5b
531761 Apollo Pipes
41.1xn/a₹20.1b
531548 Somany Ceramics
23.4x25.0%₹24.5b

Price-To-Earnings vs Peers: 531548 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (28.3x).


Price to Earnings Ratio vs Industry

How does 531548's PE Ratio compare vs other companies in the IN Building Industry?

Price-To-Earnings vs Industry: 531548 is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the Indian Building industry average (23.3x)


Price to Earnings Ratio vs Fair Ratio

What is 531548's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

531548 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ratio24.7x

Price-To-Earnings vs Fair Ratio: 531548 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the estimated Fair Price-To-Earnings Ratio (24.7x).


Share Price vs Fair Value

What is the Fair Price of 531548 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531548 (₹577.75) is trading above our estimate of fair value (₹56.67)

Significantly Below Fair Value: 531548 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Somany Ceramics forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


25.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 531548's forecast earnings growth (25% per year) is above the savings rate (6.8%).

Earnings vs Market: 531548's earnings (25% per year) are forecast to grow faster than the Indian market (18.5% per year).

High Growth Earnings: 531548's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 531548's revenue (12.2% per year) is forecast to grow faster than the Indian market (10.4% per year).

High Growth Revenue: 531548's revenue (12.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 531548's Return on Equity is forecast to be low in 3 years time (18.7%).


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Past Performance

How has Somany Ceramics performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


15.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 531548 has high quality earnings.

Growing Profit Margin: 531548's current net profit margins (4.5%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 531548's earnings have grown by 15.4% per year over the past 5 years.

Accelerating Growth: 531548's earnings growth over the past year (24.6%) exceeds its 5-year average (15.4% per year).

Earnings vs Industry: 531548 earnings growth over the past year (24.6%) exceeded the Building industry 22.1%.


Return on Equity

High ROE: 531548's Return on Equity (13.1%) is considered low.


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Financial Health

How is Somany Ceramics's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 531548's short term assets (₹7.9B) exceed its short term liabilities (₹6.8B).

Long Term Liabilities: 531548's short term assets (₹7.9B) exceed its long term liabilities (₹2.8B).


Debt to Equity History and Analysis

Debt Level: 531548's net debt to equity ratio (40.6%) is considered high.

Reducing Debt: 531548's debt to equity ratio has reduced from 81.7% to 65.6% over the past 5 years.

Debt Coverage: 531548's debt is well covered by operating cash flow (28.6%).

Interest Coverage: 531548's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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Dividend

What is Somany Ceramics's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.52%

Current Dividend Yield

Dividend Yield vs Market

Somany Ceramics Dividend Yield vs Market
How does Somany Ceramics dividend yield compare to the market?
SegmentDividend Yield
Company (Somany Ceramics)0.5%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Building)0.5%
Analyst forecast in 3 Years (Somany Ceramics)0.6%

Notable Dividend: 531548's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 531548's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.64%).


Stability and Growth of Payments

Stable Dividend: 531548's dividend payments have been volatile in the past 10 years.

Growing Dividend: 531548's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.2%), 531548's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 531548 is paying a dividend but the company has no free cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average board tenure


CEO

Shreekant Somany (74 yo)

no data

Tenure

₹29,872,000

Compensation

Mr. Shreekant K. Somany, BSc, serves as the Non-Independent Executive Chairman and Managing Director of Somany Ceramics Limited. Mr. Somany has over many years’ experience of business and Ceramic Industry....


CEO Compensation Analysis

Shreekant Somany's Compensation vs Somany Ceramics Earnings
How has Shreekant Somany's remuneration changed compared to Somany Ceramics's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

₹1b

Mar 31 2022₹30m₹30m

₹887m

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹987m

Jun 30 2021n/an/a

₹842m

Mar 31 2021₹15m₹15m

₹570m

Dec 31 2020n/an/a

₹174m

Sep 30 2020n/an/a

-₹4m

Jun 30 2020n/an/a

-₹144m

Mar 31 2020₹35m₹30m

₹150m

Dec 31 2019n/an/a

₹484m

Sep 30 2019n/an/a

₹472m

Jun 30 2019n/an/a

₹453m

Mar 31 2019₹44m₹30m

₹463m

Dec 31 2018n/an/a

₹482m

Sep 30 2018n/an/a

₹556m

Jun 30 2018n/an/a

₹720m

Mar 31 2018₹73m₹34m

₹704m

Mar 31 2017₹44m₹26m

₹982m

Mar 31 2016₹32m₹23m

₹647m

Compensation vs Market: Shreekant's total compensation ($USD366.21K) is above average for companies of similar size in the Indian market ($USD241.61K).

Compensation vs Earnings: Shreekant's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: 531548's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of 531548?
Owner TypeNumber of SharesOwnership Percentage
State or Government177,8220.4%
Institutions7,573,79117.8%
General Public8,933,04821.0%
Individual Insiders10,118,61923.8%
Private Companies15,670,92836.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 78.91% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
23.73%
Shakthi Family Trust
10,080,055₹5.8b0%no data
14.77%
Abhishek Somany
6,271,503₹3.6b0%no data
10.21%
Srijan Family Trust
4,337,872₹2.5b0%no data
6.45%
Kotak Mahindra Asset Management Company Limited
2,741,540₹1.6b3.38%0.12%
4.36%
Franklin Resources, Inc.
1,850,000₹1.1b0%0.01%
3.94%
L&T Investment Management Limited
1,671,613₹965.8m0%0.22%
2.55%
Anjana Somany
1,084,468₹626.6m0%no data
1.93%
Mitesh Mehta
820,000₹473.8m0%no data
1.93%
New Mark Capital India Fund I
819,206₹473.3m0%no data
1.62%
Minal Somany
690,108₹398.7m0%no data
1.11%
Kotak Mahindra Old Mutual Life Insurance Ltd., Asset Management Arm
470,748₹272.0m0%0.21%
1.04%
Sanjeev Parekh
443,023₹256.0m0%no data
1.02%
Kirtivardhan Finvest Services Limited
433,795₹250.6m0%no data
0.79%
DHFL Pramerica Asset Managers Private Limited
334,907₹193.5m0%0.12%
0.71%
Aanvi Somany
300,000₹173.3m0%no data
0.56%
Shreekant Somany
239,076₹138.1m0%no data
0.47%
Anushree Chopra
201,407₹116.4m0%no data
0.42%
Investor Education and Protection Fund (IEPF)
177,822₹102.7m0%no data
0.34%
Dimensional Fund Advisors LP
145,193₹83.9m0.77%no data
0.33%
HSBC Global Asset Management (UK) Limited
140,000₹80.9m0%no data
0.19%
Sundaram Asset Management Company Ltd.
78,863₹45.6m0%0.01%
0.15%
Ameya Somany
65,000₹37.6m0%no data
0.14%
Victory Capital Management Inc.
58,135₹33.6m0%no data
0.078%
Acadian Asset Management LLC
33,231₹19.2m-0.03%no data
0.071%
IDBI Asset Management Limited
30,000₹17.3m0%0.05%

Company Information

Somany Ceramics Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Somany Ceramics Limited
  • Ticker: 531548
  • Exchange: BSE
  • Founded: 1968
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: ₹24.459b
  • Shares outstanding: 42.47m
  • Website: https://www.somanyceramics.com

Number of Employees


Location

  • Somany Ceramics Limited
  • F-36, Sector-6
  • Noida
  • Uttar Pradesh
  • 201301
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531548BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1999
SOMANYCERANSEI (National Stock Exchange of India)YesEquity SharesININRSep 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.