Board approves 300% interim dividend, stake purchase in subsidiary and Q2 results
Interim dividend of 300%, i.e. Rs. 6/- per share; record date 13th November 2026.
By ScoutQuest · · 2 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Total income | 86,282 | 68,885 | +25.3% | 75,310 | +14.6% |
| Profit before tax | 6,011 | 1,858 | +224% | 4,978 | +20.8% |
| Profit after tax | 4,156 | 1,231 | +238% | 3,423 | +21.4% |
| Total comprehensive income | 4,034 | 1,316 | +207% | 3,423 | +17.8% |
| Basic EPS | 10.12 | 3.65 | +177% | 8.66 | +16.9% |
- Total income
- Latest 86,282
- Profit after tax
- Latest 4,156
- PAT YoY growth
- Year ago 1,231 (+238%)
- Period
- Quarter Ended 30.09.2026
Also decided at the meeting
- Declared interim dividend @ 300% i.e. Rs. 6/- per share of Rs. 2/- each for FY 2026-27; record date Friday, 13th November, 2026; payable within 30 days of declaration.
- Approved acquisition of up to 25% of paid-up equity (upto 24,75,000 shares) of subsidiary Somany Sanitary Ware Private Limited, raising stake from 51% to up to 76%, for cash, within 120 days.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional item: settlement amount of Rs. 237 lakhs under Haryana One Time Settlement Scheme for Recovery of Outstanding Dues, 2026 (local area development / entry tax dispute) recognised as exceptional item.
Three decisions came out of the Board meeting held on 4th November 2026, along with the company's reviewed financial results for the quarter and half-year ended 30th September 2026.
Interim dividend
- The Board declared an interim dividend of 300%, that is Rs. 6/- per share, for the financial year 2026-27.
- It will be paid to shareholders whose names appear in the Register of Members and/or depositories on Friday, 13th November 2026, the record date fixed by the company for this purpose.
Deepening its holding in the sanitaryware subsidiary
- The Board approved acquisition of up to 25% of the paid-up equity share capital of M/s. Somany Sanitary Ware Private Limited, a subsidiary, by way of purchase of up to 24,75,000 equity shares from its existing shareholders.
- On completion, the company's shareholding in the subsidiary will increase from 51% to up to 76%.
- The purchase is to be made in one or more tranches from time to time, so the timing and the final stake depend on how those purchases are completed.
- The subsidiary is already part of the consolidated group, so this transaction raises ownership closer to full control rather than adding a new business.
Financial results and the auditor's review
- The Board considered and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th September 2026, together with the statement of assets and liabilities and the cash flow statement.
- M/s. Singhi & Co., the statutory auditors, issued a Limited Review Report. Their conclusion is unmodified: nothing came to their attention that causes them to believe the statements are not prepared in accordance with the applicable accounting standards or that they contain any material misstatement.
- For the quarter, Revenue from operations was 77,840 on a standalone basis and 85,353 on a consolidated basis (both as printed, Rs. in lakhs).
- The review report notes that interim results of certain subsidiaries were reviewed by other auditors, and states that the conclusion is not modified in respect of that matter.
What a shareholder can take away
- The dividend is a cash payout to eligible shareholders; the 13th November 2026 record date decides who is eligible.
- The results are unaudited but have been reviewed by the statutory auditors and approved by the Board; they are interim numbers, not the full-year audited accounts.
- The stake purchase is approved as an "up to" transaction to be carried out in one or more tranches, so the final holding will depend on the purchases actually made.
Also from Somany Ceramics
Somany Ceramics to buy up to 24,75,000 shares (25%) of subsidiary Somany Sanitary Ware, raising stake from 51% to 76%
4 Nov 2026
Record date for interim dividend fixed at 13-Nov-2026; board also approves stake increase in subsidiary
4 Nov 2026
Board approves 300% interim dividend of Rs. 6/- per share, to raise subsidiary stake to up to 76%
4 Nov 2026
More numbers
- Interim dividend rate300%
- Interim dividend per shareRs. 6/-
- Stake to be acquired in Somany Sanitary Ware (up to)25%
- Equity shares to be purchased (up to)24,75,000
- Existing shareholding in the subsidiary51%
- Shareholding after acquisition (up to)76%
- Standalone Revenue from operations, quarter ended 30.09.2026 (Rs. in lakhs)77,840
- Consolidated Revenue from operations, quarter ended 30.09.2026 (Rs. in lakhs)85,353
- Total income, latest quarter86,282 (Rs. in lakhs)
- Total income, year-ago quarter68,885 (Rs. in lakhs)
- Total income, previous quarter75,310 (Rs. in lakhs)
- Total comprehensive income, latest quarter4,034 (Rs. in lakhs)
- Total comprehensive income, year-ago quarter1,316 (Rs. in lakhs)
- Total comprehensive income, previous quarter3,423 (Rs. in lakhs)
- Profit after tax, latest quarter4,156 (Rs. in lakhs)
- Profit after tax, year-ago quarter1,231 (Rs. in lakhs)
- Profit after tax, previous quarter3,423 (Rs. in lakhs)
- Profit before tax, latest quarter6,011 (Rs. in lakhs)
- Profit before tax, year-ago quarter1,858 (Rs. in lakhs)
- Profit before tax, previous quarter4,978 (Rs. in lakhs)
- interim_dividend_per_shareRs. 6/-
- exceptional_item_settlementRs. 237 lakhs
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