Smooth Tiles
Moneylife Digital Team 09 September 2010

Somany Ceramics earns a healthy RoE of 25% and the stock is reasonably priced

Somany Ceramics manufactures ceramic tiles from two plants in Haryana and Gujarat with a production capacity of 56,000sq mtr/day. It outsources 25,000sq mtr/day of low-end tile products to contractors in Gujarat. Ceramic tile-making requires high capital investment. Energy and distribution costs constitute a major...

Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
SINGLE ARTICLE
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
 
Get access to complete archives
Rs 5000 + GST
 
 
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback