Investment of upto Rs. 8 Crores by way of subscription/acquisition of equity shares in M/s. Vintage Tiles Private Limited , an Associate of the Company, in one or more tranches from time to time.
SOMANYCERA · price
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Somany Ceramics board approved multiple items on May 15, 2026 including audited Q4 and full-year FY2026 results. Standalone revenue stood at Rs 2,627 crore with net profit of Rs 99 crore, while consolidated revenue was Rs 2,770 crore with net profit of Rs 74 crore. The board recommended a final dividend of Rs 2 per share (100% payout) subject to shareholder approval at the AGM. Additionally, the company approved investment of up to Rs 8 crore in Vintage Tiles Private Limited (VTPL), an associate company engaged in manufacturing polished vitrified tiles. The investment will be in cash, made on an arm's length basis, and will fund VTPL's solar power plant setup and manufacturing plant upgradation. VTPL reported turnover of Rs 116 crore in FY26.
The investment in the associate strengthens Somany's vertical integration in tiles manufacturing while funding clean energy infrastructure. The strong FY26 results with ~15% standalone profit growth and dividend declaration are positive signals for shareholders.