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Trades about 22% below its sector, cheaper than its peers on earnings.
Somany Ceramics Limited is an Indian enterprise focused on the manufacturing and supply of ceramic tiles and related offerings. The company's comprehensive product lineup features various ceramic options for walls and floors, polished and glazed vitrified tiles, as well as sanitaryware, bath fittings, and complete tile laying solutions. These products are distributed under well-known brand names, including Somany Duragress, Somany Durastone, Somany Glostra, Somany Vistoso, Somany Vitro, Somany Slipshield, Somany VC Shield, Somany Signature, and Somany French Collection. Somany Ceramics serves a wide array of clients, such as financial institutions, corporations, defense organizations, property developers, academic institutions, hospitals, hotels, IT companies, shopping malls, residential projects, and retail businesses. In addition to its significant presence in the Indian market, the company also engages in exporting its products globally. It leverages a vast sales network comprising 10,000 customer touchpoints, which includes 3,000 dealers and 383 exclusive showrooms. The company was founded in 1968 and is headquartered in Noida, India.
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