Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q2 FY2025 Earnings Presentation
13 slides from Somany Ceramics's earnings presentation, Oct 29, 2024
Slide 1: Exchange filing cover letter for Investor Update Q2/FY2024-25
29th October, 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 Q2/FY2024-25. Dear Sir/Mada
Slide 2: Investor Update – Q2'FY25
SOMANY CERAMICS LIMITED Investor Update – Q2’Fy25 October 29, 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 The demand scenario continues to remain soft and continuous decline in exports has exerted further pressure on the domestic market. This has impacted our capacity utilization significantly, which decreased to 77% in Q2 from 81% in Q1. However, we reported a volume growth of 2.6% in Q2. Despi
Slide 5: Performance Snapshot
Performance Snapshot Capacity Production Sales Mix Financial Tiles capacity of ~80 Tiles Production of Own manufacturing Sales grew by 1.4% to msm p.a. (including 11.83 msm; Own (28%), JVs (39%) & ₹ 662 crores dedicated outsource plants (5.58 msm) and Others (33%) Operating margin tie ups) JVs (6.25
Slide 6: Sales Performance
Sales Performance Tiles Volume (msm) 33.05 1% 33.36 17.81 17.36 9.16 9.17 5.18 5.25 11.06 12.68 5.84 6.58 12.83 11.51 6.34 5.98 Q2'Fy24 Q2'Fy25 H1'Fy24 H1'Fy25 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others Tiles Others Tiles
Slide 7: Sales Performance (Value)
Sales Performance (Value) ₹ in crores 652.61 661.52 1237.38 1236.72 17.63 23.32 31.81 41.44 63.55 70.10 121.41 130.63 166.36 158.38 291.81 279.33 196.14 372.02 224.65 428.30 208.93 419.67 357.68 185.07 Q2'Fy24 Q2'Fy25 H1'Fy24 H1'Fy25 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others
Slide 8: Working Capital & Net Debt
Working Capital & Net Debt Standalone Consolidated 436 559 516 483 391 347 370 262 286 274 378 234 311 337 296 304 230 260 268 221 237 192 194 149 21 20 39 31 13 8 -7 -3 Mar'22 Mar'23 Mar'24 Sep'24 Mar'22 Mar'23 Mar'24 Sep'24 Working Capital days Debtors Working Capital days Debtors Inventories Trad
Slide 9: Profit & Loss (Standalone)
Profit & Loss (Standalone) Particulars Q2'Fy25 Q2'Fy24 Growth H1'Fy25 H1'Fy24 Growth Sales 639 642 (0.4%) 1,198 1,219 (1.7%) EBIDTA 32 44 (26.7%) 61 84 (27.3%) EBIDTA margin 5.1% 6.9% (1.8%) 5.1% 6.9% (1.8%) Profit Before Tax 25 39 (36.8%) 46 74 (37.6%) PBT margin 3.9% 6.1% (2.2%) 3.8% 6.1% (2.2%) E
Slide 10: Profit & Loss (Consolidated)
Profit & Loss (Consolidated) Particulars Q2'Fy25 Q2'Fy24 Growth H1'Fy25 H1'Fy24 Growth Sales 662 653 1.4% 1,237 1,237 0.1% EBIDTA 56 64 (12.7%) 105 115 (8.5%) EBIDTA margin 8.5% 9.8% (1.4%) 8.5% 9.3% (0.8%) Profit Before Tax 25 39 (37.3%) 43 64 (33.1%) PBT margin 3.7% 6.0% (2.3%) 3.5% 5.2% (1.7%) Ex
Slide 11: 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 12: Shareholding as on 30 Sep'24
Shareholding as on 30 Sep’24 th Particulars 30th Sep’24 30th Jun’24 19.7% Promoters 55.0% 55.0% FII 1.8% 1.6% DII 23.5% 23.5% 55.0% 23.5% Others 19.7% 19.9% Equity Shares 4,10,03,620 4,10,03,620 1.8% Equity shares of ₹ 2/- each Promoters FII DII Others
Slide 13: 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