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Somany Ceramics Limited • Annual Report 2009-10
somanythngs2talkabt
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...