Somany Ceramics guides EBITDA margin to 11.3% in FY27, targets 100 bps more in FY28

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapAnalyst Day Multiyear TargetsInvestor Communications View source PDF Explain this filing

SOMANYCERA · price

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AI summary

Somany Ceramics held an investor meet in Mumbai on Sept 11, 2026. Management guided EBITDA margins from 9.3% to about 11.3% in FY27 with another 100 bps targeted in FY28. Growth drivers include higher own plant utilization (77% to 90%), JV turnaround worth Rs 35 to 40 crore PBT swing, 9 plus MSM GVT capacity addition at Rs 220 crore capex, and bathware business rising from Rs 319 crore to Rs 500 crore by FY28. Debt to EBITDA improved to 0.97x in FY26. Q1 FY27 industry ceramic exports de-grew 39% YoY due to sharp gas price spike.

Likely market impact

Positive signal on margin expansion and multi-year growth roadmap, though gas price uncertainty remains a near-term industry risk.