Analysts/Institutional Investor Meet/Con. Call Updates

17th August, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy (NSE) Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai — 400 001 Mumbai — 400 051 Scrip Code: 531548 Symbol: SOMANYCERA Subject: Transcript of the Earnings Conference Call for Q1 FY 2026‐27 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Please find enclosed the Transcript of the Earnings Conference Call held on Wednesday, 12th August, 2026 on the Financial Performance of the Company for the Quarter ended 30th June, 2026. The aforesaid information may also be accessed on the website of the Company www.somanyceramics.com. This is for your information & records. Thanking you, Yours faithfully, For Somany Ceramics Limited Anuj Kalia Company Secretary & Compliance Officer Membership No.: A31850 Encl: as above SOMANY CERAMICS LIMITED | Corporate Office: F-36, Sector-6, Noida, 201301 (U.P.), India Registered Office: 2, Red Cross Place, Kolkata - 700 001 | Tel: (033) 22487406/5913 Corporate Identity Number (CIN): L40200WB1968PLC224116 T: 0120 - 4627900 | customer.care@somanyceramics.com | www.somanyceramics.com | 1800-1030-004 “Somany Ceramics Limited Q1 FY27 Results Conference Call” August 12, 2026 MANAGEMENT: MR. ABHISHEK SOMANY – MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER – SOMANY CERAMICS LIMITED MR. SHRIVATSA SOMANY – HEAD-BATHWARE – SOMANY CERAMICS LIMITED MR. AMEYA SOMANY – JOINT PRESIDENT – SOMANY CERAMICS LIMITED MR. SAILESH RAJ KEDAWAT – CHIEF FINANCIAL OFFICER – SOMANY CERAMICS LIMITED MODERATOR: MR. NAVIN AGARWAL – SKP SECURITIES LIMITED Page 1 of 13 Somany Ceramics Limited August 12, 2026 Moderator: Good afternoon, ladies and gentlemen. Welcome to Somany Ceramics Limited Q1 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Navin Agarwal, Head, Institutional Equities at SKP Securities Limited. Thank you, and over to you, sir. Navin Agarwal: Good afternoon, ladies and gentlemen. It's my pleasure to welcome you on behalf of Somany Ceramics and SKP Securities to this financial results conference call. We have with us Mr. Abhishek Somany, MD and CEO; Mr. Shrivatsa Somany, Head, Bathware; Mr. Ameya Somany, DGM; and Mr. Sailesh Raj Kedawat, CFO. We'll have the opening remarks from Mr. Somany followed by a Q&A session. Thank you, and over to you, Mr. Somany. Abhishek Somany: Yes. Good afternoon, ladies and gentlemen. Welcome to the earnings call of FY26-'27 Q1. As you can see, our sales has grown moderately by about 3%, whereas the value has grown by 24%. The sales growing only at 3% is due to April, we did not get a certain segment which we were generally buying from Morbi. As you all know that Morbi was shut for the entire 1.5 months. So we missed a couple of percent of sales, but it would be made up this quarter very handsomely. As a result of capacity utilization, our EBITDA margins have gone up on operational efficiencies, both on capacity utilization in our plants and also on the JV performances. So EBITDA margins go up by 3.6% to 11.6% for the quarter. Capacity utilization in the JVs and very, very significantly in our own plants have gone up. The gas price has been extremely volatile. I had mentioned that in the earnings call for the FY26, but the gas price since then has been extremely volatile. Every month, there have been a small increases in gas price. Fortunately, we've been able to pass on all the gas price increase until now. So the current price increase has been between 16% and 18%. Other than that, the demand of May and June has been pretty decent. July also has been not bad considering that there's been rains in many parts of the country. Morbi operations have completely started. They have resumed 100% production on very expensive gas, which is on -- which is being supplied by GEL, formerly known as GSPCL. The price is significantly higher, and they have also priced it in as far as their pricing is concerned. The only negative in the quarter has been from a Morbi perspective is exports has been down due to geopolitical reasons, the export is down a good 50%, 60% from the peak. That's been a little bit of a downer for the quarter, and this would continue probably for this quarter until it starts settling, until the freight starts settling. We have been healthily growing in our sanitaryware, bath fitting and the building materials division also. Again, there's been a large expansion, which we've taken place in the building materials -- sorry, in the construction chemical space. We have added capacity in South and also Page 2 of 13 Somany Ceramics Limited August 12, 2026 we have added a very large capacity in the North, which has gone on stream only last month. So effects of that will be seen partly in this quarter and mostly next quarter. Advertising spends are in line. Receivables are in line. We've only bettered our receivables. Stocks, we've been able to reduce our stock fairly significantly due to Morbi not being running. That's been a big booster for clearing out old stock and also reducing a large amount of inventory which we were carrying from the past. Our debtor days, inventory days, creditor days are all healthy. Working capital days also have come down from 17 to 12 days. Overall, we are extremely bullish of the future outlook. Because of that, we have announced setting up a 9 million square meter plant -- 9-plus million square meter plant in the South, which would be up and ready by in the next 12 to 15 months. This would give us a potential revenue of about INR350 crores. Other than that, we are taking many more steps, which are all work in progress to augment further capacity by about 4 million to 5 million in our existing lines in Bahadurgarh in -- which is in Haryana and in Gujarat and in Morbi and also in the South. All put together, we will be adding another 4 million to 5 million for the mid -- this will be ready from mid-quarter 3 and would be completely in place in quarter 4. This would add, not only capacity, but also will add value-added mix. I have been maintaining that our JVs were not performing to our expectation last year. This year, they have all started performing, and they will only perform better going forward. Again, one of the JVs we've taken up a fairly significant capacity increase -- I'm sorry, not capacity increase. We've taken a significant value-add increase by balancing equipment. It doesn't come at a large cost, but that will further value add our products. So from a product point of view and volume point of view, we are looking good for the future. And we maintain that the EBITDA margins delivered in this quarter would be maintained, and we are trying to better our EBITDA margins, which we have delivered in last quarter and on this quarter. So, on EBITDA and on value volume, things are looking very, very positive going forward. I would stop here, and I would take any Q&As going forward. Thank you so much. Moderator: Thank you very much. We will now begin the question-and-answer session. Your first question comes from the line of Sneha from Nuvama. Sneha: Congratulations on great set of numbers. Coming to your margins itself, which is pretty surprising. We generally see a strong quarter-on-quarter drop when it comes to Q1. This time, we have seen strong improvement in margins. What's really leading to this change? And how structural of a change it is in terms of these numbers remaining from Q2? That's the first one. Abhishek Somany: Sneha, I think this is because of capacity utilization being much, much better than last quarter. So if you see same time [Showing first 8,000 characters — download PDF for full document]