Somany Tiles

Somany Ceramics Limited • Annual Report 2009-10

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cont

ents

Management discussion & analysis 26

Managing Director’s overview 22

Chairman’s statement 18

Highlights 2009-10 4

Corporate identity 2

Corporate Governance report 47

Directors’ report 40

Somany the responsible corporate 39

Derisking the business 37

Analysis of financial statements 33

Business network 135

Financial statements 60

Auditor’s report 56

Rich in experience.

Young in attitude.

That’s Somany Ceramics Limited.

Somany Ceramics

Limited. Among

India’s leading

ceramic tile

manufacturers.

• A major player in India’s ceramic tile industry

• A part of HL Somany Group

• Incorporated in 1968 as Somany Pilkington’s Ltd., in collaboration

with the UK-based Pilkington Tiles; production started in November

1971

• Headquartered in New Delhi with two manufacturing facilities in

Gujarat and Haryana

• Possesses a combined annual production capacity of 16.70 mn sqm

• Production facilities certified for ISO 9001:2000 and Gujarat plant

certified for ISO 14001

• Offers the widest tile range (ceramic floor, wall, vitrified, porcelain and

imported)

• Products are marketed through a wide and deep distribution

network, spread on a pan-India basis covering all states, comprising a

prudent mix of dealers, sub-dealers and 15-owned showrooms

• A complete bathroom solution provider that markets sanitaryware

and faucets

• Equity shares are listed on the Bombay Stock Exchange and National

Stock Exchange (market capitalisation of Rs. 110.77 crore as on 31st

March, 2010)

2

Production

Promoter holding

15.11

mn sqm

62.21%

2009-10

31st March, 2010

Market share

6%

31st March, 2010

Team size

1,436

members

31st March, 2010

3

Highlights, 2009-10

Accelerating numbers

Revenue growth

EBIDTA growth

2008-09

2009-10

2008-09

2009-10

Rs. 462.77

Rs. 563.02

Rs. 43.54

Rs. 58.32...