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/Madam,

Please find enclosed herewith Investor update of Somany Ceramics Limited regarding
performance of the Company during the Quarter and Half Year ended on 30th
September, 2024.

The Investor update may also be accessed on the website of the Company
www.somanyceramics.com.

This is for your information & records.

Thanking you,

Yours faithfully,
For Somany Ceramics Limited
Digitally signed
by Ambrish Julka
Ambrish Julka Date: 2024.10.29
16:40:21 +05'30'

Ambrish Julka
Sr. GM (Legal) and Company Secretary
M No.: F4484

Encl: as above

SOMANY CERAMICS LIMITED | Corporate Office: F-36, Sector-6, Noida, 201301 (U.P.), India
Registered Office: 2, Red Cross Place, Kolkata - 700 001 | Tel: (033) 22487406/5913
Corporate Identity Number (CIN): L40200WB1968PLC224116
T: 0120 - 4627900 | customer.care@somanyceramics.com | www.somanyceramics.com | 1800-1030-004
SOMANY CERAMICS LIMITED

Investor Update – Q2’Fy25

October 29, 2024

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 securities, and shall
not form the basis or be relied on in connection with any contract or binding commitment whatsoever.

Safe Harbor
No offering of securities of the Company will be made except by means of a statutory offering
document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the
Company considers reliable, but the Company makes no representation or warranty, express or implied,
whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and
reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may
not contain all of the information that you may consider material. Any liability in respect of the contents
of, or any omission from, this Presentation is expressly excluded.

This presentation contains certain forward looking statements concerning the Company’s future
business prospects and business profitability, which are subject to a number of risks and uncertainties
and the actual results could materially differ from those in such forward looking statements. The risks
and uncertainties relating to these statements include, but are not limited to, risks and uncertainties
regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and
international), economic growth in India and abroad, ability to attract and retain highly skilled
professionals, time and cost over runs on contracts, our ability to manage our international operations,
government policies and actions regulations, interest and other fiscal costs generally prevailing in the
economy. The Company does not undertake to make any announcement in case any of these forward
looking statements become materially incorrect in future or update any forward looking statements
made from time to time by or on behalf of the Company.
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.

Despite lower capacity utilisation, we maintained our operating margin at

8.5% driven by efficient cost management, operational resilience and
changing product mix.

Sales in Q2 increased by 1.4%, reaching INR 662 crores compared to INR 653
crores in the corresponding quarter last year. Profit Before Tax (PBT) stood
at INR 25 crores, while Profit After Tax (PAT) was INR 17 crores for the
quarter.

Looking ahead, we remain optimistic about the improving domestic demand

particularly driven by growth in the real estate sector and should benefit
the tile industry going forward including the second half of the current
fiscal.

Wishing you and your family a very happy and prosperous Diwali !!!
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 msm) maintained @ 8.5%
Sanitaryware capacity Capacity Utilisation in PBT and PAT stood at ₹
of 0.48 mn pcs p.a. Q2 stood at: 25 and ₹ 17 crores
(excluding outsource • 77% in tiles respectively
tie ups) • 82% in sanitaryware
Bath fittings capacity at • 102% in faucets
1.30 mn pcs p.a.
(excluding outsource
tie ups)
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

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 Tiles Bathware Others Tiles Bathware
Others Others

Based on Standalone figures

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 Trade payable Inventories Trade payable

308 257
37 280 267
31
0.04 0.05 -0.07 -0.04

Mar'22 Mar'23 Mar'24 Sep'24

0.39 0.39 0.36 0.36

-29
-50
Mar'22 Mar'23 Mar'24 Sep'24

Net Debt Net Debt Equity ratio Net Debt Net Debt Equity ratio

Figures in INR crores; Working Capital days excluding investments & cash balance, short term borrowings, capital creditors
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%)

Exceptional Item - - - - 3 -
PBT after Exceptional
25 39 (36.8%) 46 70 (34.7%)
Item
Tax expenses 6 9 (31.6%) 12 17 (31.4%)

Profit after tax 18 30 (38.4%) 34 53 (35.7%)

EPS (Rs.) 4.46 6.99 (36.2%) 8.32 12.49 (33.4%)

Figures in ₹ crores
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%)
Exceptional Item - - - - 7 -
PBT after Exceptional
25 39 (37.3%) 43 58 (25.4%)
Item
Tax expenses 7 10 (25.4%) 13 16 (14.2%)
Profit after tax 17 30 (41.2%) 30 42 (29.6%)
PAT - Controlling Interest 17 29 (41.5%) 29 44 (32.9%)
EPS (Rs.) 4.19 6.90 (39.3%) 7.19 10.33 (30.4%)

Figures in ₹ crores
 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
(Tiles)

0.48 mn pcs @ Morbi, Gujarat

(Sanitaryware)*

*Note - Capacity of sanitaryware plant is restated on account of change in product mix

Shareholding as on 30th Sep’24

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

For further information, please contact:

Mr. Kumar Sunit, Head – Strategy & Investor Relations

kumar.sunit@somanyceramics.com

www.somanyceramics.com CIN - L40200WB1968PLC224116