Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q3 FY2024 Earnings Presentation
14 slides from Somany Ceramics's earnings presentation, Feb 1, 2024
Slide 1: Exchange filing cover letter for Investor Update Q3 FY24
1st February, 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 Q3’FY24. Dear Sir/Madam, Pl
Slide 2: Somany Ceramics Limited Investor Update – Q3'FY24
SOMANY CERAMICS LIMITED Investor Update – Q3’Fy24 February 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 Domestic demand continued to be sluggish during Q3. The topline at INR 609 crores remained at an almost similar level. Our capacity utilization was also lower during the quarter. Despite the lower capacity utilisation, our relentless focus on cost optimization measures has proven effective i
Slide 5: Our recent Brand campaign
SOMANY SOMANY. MAX COVER [15 think beyond SOMANY | Bathware =
Slide 6: Performance Snapshot
Performance Snapshot Capacity Production Sales Mix (Standalone) Financial (Standalone) Tiles capacity of ~80 Tiles Production of Own manufacturing Sales declined by 2% to msm p.a. (including 11.94 msm; Own (31%), JVs (37%) & ₹ 597 crores dedicated outsource plants (6.08 msm) and Others (32%) PBT and
Slide 7: Sales Performance (Volume)
Sales Performance (Volume) Tiles Volume (msm) 48.07 16.15 15.75 46.29 3.81 10.87 13.56 4.40 5.94 16.75 15.88 5.55 6.40 18.67 18.63 5.80 Q3'Fy23 Q3'Fy24 9M'Fy23 9M'Fy24 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others Tiles Others Tiles Based on Standalone figures
Slide 8: Sales Performance (Value)
Sales Performance (Value) ₹ in crores 1815.86 1758.07 611.87 596.89 22.50 41.40 8.48 187.49 15.25 170.76 60.26 65.30 363.87 433.61 124.64 141.93 582.80 547.92 206.81 188.72 211.68 618.14 605.44 185.69 Q3'Fy23 Q3'Fy24 9M'Fy23 9M'Fy24 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others
Slide 9: Working Capital & Net Debt
Working Capital & Net Debt Standalone Consolidated 410 391 483 521 391 398 254 378 234 296 246 378 220 274 262 268 267 265 245 237 230 221 217 219 221 175 260 137 149 184 31 21 51 39 31 20 14 10 2 -2 Mar'21 Mar'22 Mar'23 Sep'23 Dec'23 Mar'21 Mar'22 Mar'23 Sep'23 Dec'23 Working Capital days Debtors W
Slide 10: Profit & Loss (Standalone)
Profit & Loss (Standalone) Particulars Q3'Fy24 Q3'Fy23 Growth 9M'Fy24 9M'Fy23 Growth Sales 597 612 -2.4% 1,816 1,758 3.3% EBIDTA 36 29 25.9% 120 102 17.8% EBIDTA margin 6.1% 4.7% 1.4% 6.6% 5.8% 0.8% Profit Before Tax 28 23 21.2% 102 86 18.8% PBT margin 4.7% 3.8% 0.9% 5.6% 4.9% 0.7% Exceptional Item
Slide 11: Profit & Loss (Consolidated)
Profit & Loss (Consolidated) Particulars Q3'Fy24 Q3'Fy23 Growth 9M'Fy24 9M'Fy23 Growth Sales 609 618 -1.5% 1,846 1,789 3.1% EBIDTA 59 41 45.5% 174 128 36.0% EBIDTA margin 9.7% 6.6% 3.1% 9.4% 7.1% 2.3% Profit Before Tax 32 16 100.7% 97 61 58.6% PBT margin 5.3% 2.6% 2.7% 5.2% 3.4% 1.8% Exceptional Ite
Slide 12: 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 13: Shareholding as on 30th Dec'23
Shareholding as on 30th Dec’23 Particulars 31st Dec’23 30th Sep’23 20.5% Promoters 54.8% 54.8% FII 1.4% 1.5% DII 23.3% 23.6% 54.8% 23.3% Others 20.5% 20.1% Equity Shares 4,24,74,208 4,24,74,208 1.4% Equity shares of ₹ 2/- each Promoters FII DII Others
Slide 14: 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