BSE:531548

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Executive Summary

Somany Ceramics Limited manufactures and sells ceramic tiles and related products in India.


Snowflake Analysis

Average dividend payer and fair value.

Share Price & News

How has Somany Ceramics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531548's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

9.1%

531548

0.8%

IN Building

1.8%

IN Market


1 Year Return

-77.8%

531548

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 531548 underperformed the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 531548 underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

531548IndustryMarket
7 Day9.1%0.8%1.8%
30 Day-12.4%-8.6%-0.5%
90 Day-50.1%-35.8%-22.2%
1 Year-77.3%-77.8%-37.1%-39.6%-22.2%-23.7%
3 Year-87.0%-87.4%-28.1%-32.5%-12.1%-16.8%
5 Year-72.7%-73.8%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

How volatile is Somany Ceramics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Somany Ceramics undervalued compared to its fair value and its price relative to the market?

3.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 531548 (₹95.35) is trading below our estimate of fair value (₹98.93)

Significantly Below Fair Value: 531548 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 531548 is poor value based on its PE Ratio (8.3x) compared to the Building industry average (8.1x).

PE vs Market: 531548 is good value based on its PE Ratio (8.3x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: 531548 is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: 531548 is overvalued based on its PB Ratio (0.7x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is Somany Ceramics forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

33.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 531548's forecast earnings growth (33.6% per year) is above the savings rate (7.2%).

Earnings vs Market: 531548's earnings (33.6% per year) are forecast to grow faster than the Indian market (16.8% per year).

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

Revenue vs Market: 531548's revenue (6.7% per year) is forecast to grow slower than the Indian market (7.2% per year).

High Growth Revenue: 531548's revenue (6.7% 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 (8.8%).


Next Steps

Past Performance

How has Somany Ceramics performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531548 has a large one-off loss of ₹365.8M impacting its December 31 2019 financial results.

Growing Profit Margin: 531548's current net profit margins (2.7%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 531548's earnings have declined by -6.4% per year over the past 5 years.

Accelerating Growth: 531548's earnings growth over the past year (0.5%) exceeds its 5-year average (-6.4% per year).

Earnings vs Industry: 531548 earnings growth over the past year (0.5%) underperformed the Building industry 1.2%.


Return on Equity

High ROE: 531548's Return on Equity (8.1%) is considered low.


Next Steps

Financial Health

How is Somany Ceramics's financial position?


Financial Position Analysis

Short Term Liabilities: 531548's short term assets (₹8.5B) exceed its short term liabilities (₹6.3B).

Long Term Liabilities: 531548's short term assets (₹8.5B) exceed its long term liabilities (₹3.1B).


Debt to Equity History and Analysis

Debt Level: 531548's debt to equity ratio (80.5%) is considered high.

Reducing Debt: 531548's debt to equity ratio has increased from 73.1% to 80.5% over the past 5 years.

Debt Coverage: 531548's debt is not well covered by operating cash flow (15.1%).

Interest Coverage: 531548's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Next Steps

Dividend

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

2.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 531548's dividend (2.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).

High Dividend: 531548's dividend (2.1%) is low compared to the top 25% of dividend payers in the Indian market (3.7%).


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.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.5%), 531548's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 531548's dividends in 3 years are forecast to be well covered by earnings (20.8% payout ratio).


Next Steps

Management

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

5.2yrs

Average board tenure


CEO

Shreekant Somany (71yo)

no data

Tenure

₹44,241,685

Compensation

Mr. Shreekant K. Somany, BSc, serves as the Chairman and Managing Director of Somany Ceramics Limited. Mr. Somany has over 36 years experience of business and Ceramic Industry. He has been an Independent & ...


CEO Compensation Analysis

Compensation vs Market: Shreekant's total compensation ($USD583.31K) is above average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Shreekant's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Shreekant Somany
Chairman & MDno data₹44.24mno data
Abhishek Somany
Joint MD & Whole Time Director18.67yrs₹53.93m8.13% 476.3m
Anjana Somany
Whole Time Director5.17yrs₹2.69m1.76% 103.4m
Rameshwar Thakur
Independent Director2yrs₹30.00kno data
Salil Singhal
Independent Director17.83yrs₹575.00kno data
Ghanshyambhai Trivedi
Non-Executive Non Independent Director2.67yrs₹390.41k0.0032% 190.5k
Ravinder Nath
Independent Director16.67yrs₹555.00kno data
Rumjhum Chatterjee
Independent Director1.67yrs₹15.00kno data
Siddharath Bindra
Independent Director6yrs₹590.00k0.044% 2.6m
Tuljaram Maheshwari
Non-Executive Non Independent Director1yr₹11.52mno data

5.2yrs

Average Tenure

68.5yo

Average Age

Experienced Board: 531548's board of directors are considered experienced (5.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45%.


Top Shareholders

Company Information

Somany Ceramics Limited's company bio, 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
  • Market Cap: ₹5.861b
  • Shares outstanding: 61.47m
  • Website: https://www.somanyceramics.com

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

Biography

Somany Ceramics Limited manufactures and sells 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 also exports its products to various countries in Europe, the Middle East, Asia, and Africa. It operates 322 showrooms/display centers. The company was founded in 1968 and is headquartered in Noida, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 15:31
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.