Q1 2025 Somany Ceramics Ltd Earnings Call Transcript
Key Points
- Receivables improved, reducing by five days.
- Capacity utilization increased YoY from 70% to 81%.
- Operating margins were maintained at 8.5% despite cost pressures.
- Gas prices remained stable, aiding cost management.
- Sanitaryware and faucets segments showed high utilization rates of 96% and 90%, respectively.
- Sales volume and value were flat due to muted demand and extended elections.
- Average realization declined slightly quarter-on-quarter.
- Operating margins slightly decreased from 8.7% YoY to 8.5%.
- Capacity utilization declined from Q4's 89% to 81%.
- Increased costs due to annual increments and other factors.
Good day, ladies and gentlemen. Welcome to Somany Ceramics Limited Q1 FY25 results conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Navin Agarwal, Head, Institutional Equities, at SKP Securities. Thank you, and over to you, sir.
Good afternoon, ladies and gentlemen. On behalf of Somany Ceramics Limited and SKP Securities, it's my pleasure to welcome you to this financial results conference call. We have with us Mr. Abhishek Somany, MD and CEO; Mr. Shrivatsa Somany; Mr. Ameya Somany; Mr. Sailesh Raj Kedawat, CFO; and Mr. Kumar Sunit, Head, Strategy and IR. We'll have the opening remarks from Mr. Somany, followed by a Q&A session.
Thank you, and over to you, Abhishek-ji.
Good afternoon, ladies and gentlemen. Thank you for coming on to our Q1 FY25 conference call. So as you
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