Somany Ceramics margin edges up as Q2 revenue grows 14.82% QoQ
Expenses grew 14.71%, while a lower tax rate helped net profit rise 21.41%; other income contributed negatively to pre-tax profit.
Filed 04 Nov 2026, 17:16 IST · after market close · Somany Ceramics Ltd (SOMANYCERA)
Key takeaways
- Consolidated revenue grew 14.82% QoQ, slightly ahead of 14.71% expense growth, lifting operating margin by 0.09 percentage points to 11.59%.
- Net profit rose 21.41% QoQ to Rs 41.56 cr as the tax rate fell 0.38 percentage points to 30.86%.
- At 11.59%, Somany Ceramics' operating margin was 0.32 percentage points below the 11.91% median for 223 reported Consumer Discretionary peers.
Price around the results
Revenue growth slightly outpaced costs in Q2
Somany Ceramics' consolidated revenue increased 14.82% QoQ, while expenses rose 14.71%. That narrow growth differential lifted operating profit by 15.67% and expanded operating margin by 0.09 percentage points to 11.59%.
Lower tax rate supported the profit increase
Profit before tax rose 20.75% QoQ, helped by a 0.17% decline in interest and a 1.89% decline in depreciation. The tax rate fell 0.38 percentage points to 30.86%, supporting the 21.41% increase in net profit and the 16.86% rise in EPS. Other income was negative and represented -0.33% of pre-tax profit, so it did not support earnings quality.
Margin remained below the peer median
The 11.59% operating margin was 0.32 percentage points below the 11.91% median among 223 reported Consumer Discretionary peers. Sequentially, margin improved from 11.50% in Q1FY27, but the available trend covers only the immediately preceding quarter.
Results were filed after the market close
The company filed its consolidated Q2FY27 results after market close on 4 Nov 2026. The market reaction is therefore not part of this results readout.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹861 cr | ₹750 cr | +14.82% |
| Other income | ₹-0 cr | ₹4 cr | — |
| Expenses | ₹761 cr | ₹663 cr | +14.71% |
| Operating profit | ₹100 cr | ₹86 cr | +15.67% |
| Operating margin (%) | 11.59% | 11.50% | — |
| Interest | ₹11 cr | ₹11 cr | -0.17% |
| Depreciation | ₹28 cr | ₹29 cr | -1.89% |
| Profit before tax | ₹60 cr | ₹50 cr | +20.75% |
| Tax | ₹19 cr | ₹16 cr | +19.29% |
| Net profit | ₹42 cr | ₹34 cr | +21.41% |
| EPS (₹) | ₹10.12 | ₹8.66 | +16.86% |
Operating margin of 11.59% compares with a Consumer Discretionary sector median of 11.91% across 223 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 11.59% in the next quarter.
- Whether expense growth remains below the 14.82% revenue growth recorded in Q2FY27.
- Whether the tax rate stays near 30.86% without relying on other income, which was -0.33% of pre-tax profit.