Somany Ceramics Limited — Investor Meet, 31-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Somany Ceramics reported Q3 FY26 sales of INR 677 Cr (+6% YoY) with EBITDA at INR 62 Cr (+16% YoY), pushing margins to 9.2%. PAT nearly doubled to INR 18 Cr. Domestic demand shows signs of improvement, and the company projects a 1-1.5% EBITDA margin uplift in Q4. Losses from the Somany Max JV are reducing (INR 6 Cr in Q3) and are targeted to be under INR 10 Cr next year, with breakeven hoped for in 18 months. Debt has decreased to INR 231 Cr. Management maintains a positive outlook, citing expected benefits from cost control, value addition, and stable gas prices.