Somany Ceramics (Initiating Coverage): Geared for growth. BUY
We expect the tightened working capital and healthy operating profits to keep the balance sheet in check during FY22-24E, despite a higher expected...
283 Views
Somany Ceramics: Strong All-Round Show
Covid to impact Q1; mid teen growth guidance for FY22 Volume growth was led by strong traction in tier II, III and below cities, aiding capacity...
134 Views
Somany Ceramics (BUY): Strong operational performance, BUY remains
SOMC reported consolidated Q4FY21 revenue growth of 59% YoY with tile volumes up 52% off a low base due to the national lockdown last year
297 Views
India Building Materials: Tile Makers Face Double Whammy
50 new plants in the unorganized sector to manufacture premium GVT tiles has created massive oversupply in the face of weak demand GVT...
295 Views
Sector Capsule - Indian Ceramic Tiles & Sanitaryware
In this note we review the q3-FY18 and 9M-FY18 performance of the following listed companies in the Indian Ceramic Tiles and Sanitaryware Industry...
323 Views