Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q1 FY2025 Earnings Presentation
12 slides from Somany Ceramics's earnings presentation, Aug 1, 2024
Slide 1: Exchange covering letter for Investor Update Q1 FY2024-25
01st August, 2024 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy (NSE) Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai — 400 001 Mumbai — 400 051 Scrip Code: 531548 Symbol: SOMANYCERA Sub: Investor Update for the Q1/FY2024-25. Dear Sir/Madam
Slide 2: Investor Update – Q1'FY25
SOMANY CERAMICS LIMITED Investor Update – Q1’Fy25 August 01, 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Somany Ceramics Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Message
Message Our sales volume remained flat during Q1 as compared to corresponding quarter of last year primarily on account of subdued market demand which further got impacted by election in the country. However, we have been maintaining our operating margin at 8.5% on YoY basis primarily on account of
Slide 5: Performance Snapshot
Performance Snapshot Capacity Production Sales Mix Financial Tiles capacity of ~80 Tiles Production of Own manufacturing Sales remained flattish msm p.a. (including 12.54 msm; Own (30%), JVs (41%) & at ₹ 576 crores dedicated outsource plants (6.01 msm) and Others (29%) Operating margin tie ups) JVs
Slide 6: Sales Performance
Sales Performance Tiles Volume (msm) Sale Value (INR crores) 584.11 -1% 575.86 15.69 15.55 14.18 18.12 57.86 60.53 3.98 3.91 125.45 120.95 5.23 6.10 175.88 203.65 6.48 5.54 210.74 172.61 Q1'Fy24 Q1'Fy25 Q1'Fy24 Q1'Fy25 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others Tiles Bathware
Slide 7: Working Capital & Net Debt
Working Capital & Net Debt Standalone Consolidated 559 483 487 391 347 373 389 378 262 254 274 234 311 337 296 230 260 268 275 221 237 192 199 149 21 20 39 31 13 8 -7 -2 Mar'22 Mar'23 Mar'24 Jun'24 Mar'22 Mar'23 Mar'24 Jun'24 Working Capital days Debtors Working Capital days Debtors Inventories Trad
Slide 8: Profit & Loss (Standalone)
Profit & Loss (Standalone) Particulars Q1'Fy25 Q1'Fy24 Growth FY 24 FY 23 Growth Sales 559 577 -3.1% 2,525 2,426 4.1% EBIDTA 29 40 -27.8% 169 147 15.3% EBIDTA margin 5.1% 6.8% -1.7% 6.7% 6.0% 0.7% Profit Before Tax 21 35 -38.6% 143 123 16.2% PBT margin 3.8% 6.0% -2.2% 5.7% 5.1% 0.6% Exceptional Item
Slide 9: Profit & Loss (Consolidated)
Profit & Loss (Consolidated) Particulars Q1'Fy25 Q1'Fy24 Growth FY 24 FY 23 Growth Sales 576 584 -1.4% 2,577 2,465 4.6% EBIDTA 49 51 -3.2% 253 189 34.2% EBIDTA margin 8.5% 8.7% -0.2% 9.8% 7.7% 2.2% Profit Before Tax 18 25 -26.6% 145 95 52.4% PBT margin 3.2% 4.3% -1.1% 5.6% 3.9% 1.8% Exceptional Item
Slide 10: Pan India Manufacturing Facilities
Pan India Manufacturing Facilities 1.30 mn pcs @ Derabassi, Punjab (Faucet) 23.32 MSM @ Bahadurgarh, Haryana (Tiles) Tiles Adhesive @ Bahadurgarh, Haryana 10.13 MSM @ Ahmedabad, Tiles Adhesive Gujarat (Tiles) @ Ahmedabad, Gujarat 21.04 MSM @ Morbi, Gujarat (Tiles) 7.08 MSM @ Tirupati, Andhra Pradesh
Slide 11: Shareholding as on 30th Jun'24
Shareholding as on 30th Jun’24 Particulars 30th Jun’24 31st Mar’24 19.9% Promoters 55.0% 55.0% FII 1.6% 1.3% DII 23.5% 23.8% 55.0% 23.5% Others 19.9% 19.9% Equity Shares 4,10,03,620 4,10,03,620 1.6% Equity shares of ₹ 2/- each Promoters FII DII Others
Slide 12: For further information, please contact
For further information, please contact: Mr. Kumar Sunit, Head – Strategy & Investor Relations kumar.sunit@somanyceramics.com www.somanyceramics.com CIN - L40200WB1968PLC224116