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Somany Ceramics

Somany Ceramics is an Indian company that manufactures ceramic tiles and allied products.[1][2]

History

The company was founded in 1968 as Somany Pilkington's Ltd (SPL) by Shri H L Somany and later renamed to Somany Ceramics in 1971 after the family purchased PTP's stake in SPL.[3][4][5] Its first production unit was set up in Kassar, Haryana and commenced production in 1971.[6][7] In 1981, the company established its second plant in Kadi, Gujarat.[8][9] In 1995, Somany Ceramics was listed on the Bombay Stock Exchange.[10]

In 2019, the company announced bollywood actor Salman Khan as its brand ambassador.[11][12] In 2020, the company forayed into water heater segment.[13] In February 2023, Somany Ceramics collaborated with Murarka Group to setup a manufacturing facility in Nepal.[14][15] The current CEO of the company is Abhishek Somany.[16] Currently, the company has a manufacturing capacity of 75 million sq-mtr annually and exports to over 80 countries across 6 continents.[17]

Research and development

In 1996, the company was recognized by the Government of India for its research and development department.[18] In 1998, it became the first tile company to receive ISO 9002 certification before receiving ISO 14001 certification in 1999 for environment-friendly facilities.[19][20]

References

  1. ^ "SOMANY Ceramics launches SOMANY MAX Glazed Vitrified Tiles Collection". APN News. 2024-03-12. Retrieved 2024-07-27.
  2. ^ www.ETRealty.com. "Somany Ceramics eyes pan India expansion of sanitaryware biz". ET RealEstate ETRealty.com. Retrieved 2024-07-27.
  3. ^ "Company Overview". www.somanyceramics.com. Retrieved 2024-07-27.
  4. ^ "Buy Somany Ceramics, target price Rs 850: JM Financial". The Economic Times. 2023-04-11. ISSN 0013-0389. Retrieved 2024-07-27.
  5. ^ "Rating Rationale". www.crisil.com. Retrieved 2024-09-19.
  6. ^ "Somany Ceramics augments captive power generation capacity at its Kassar plant". Business Standard. 2013-01-21. Retrieved 2024-07-27.
  7. ^ "Somany Ceramics Summary: Latest Updates and Details". India Infoline. Retrieved 2024-07-27.
  8. ^ "Somany Ceramics to invest Rs 70 cr on capex". BusinessLine. 2011-10-10. Retrieved 2024-07-27.
  9. ^ "Somany Ceramics annual profit jumps by 134%". Business Standard. 2013-01-21. Retrieved 2024-07-27.
  10. ^ "Somany Ceramics Share Price Today: Live NSE/BSE Somany Ceramics Stock Price, Performance, Financials, Returns, Share Holdings". financialexpress. Retrieved 2024-07-27.
  11. ^ afaqs! (2022-10-12). "SOMANY extends its association with Salman Khan for another 2 years". afaqs!. Retrieved 2024-08-01.
  12. ^ www.ETBrandEquity.com. "Somany ceramics launches new TVC campaign with brand ambassador Salman Khan - ET BrandEquity". ETBrandEquity.com. Retrieved 2024-08-01.
  13. ^ www.ETHospitalityWorld.com. "Somany Ceramics forays into water heater segment - ET HospitalityWorld". ETHospitalityWorld.com. Retrieved 2024-08-01.
  14. ^ "Somany Ceramics gains on joint venture for tile-making facility in Nepal". Money Control. 2023-08-23. Retrieved 2024-08-01.
  15. ^ www.ETRealty.com. "Somany Ceramics to invest Rs 62.5 crore to set up manufacturing facility in Nepal - ET RealEstate". ETRealty.com. Retrieved 2024-08-01.
  16. ^ Law, Abhishek (2023-06-16). "Somany Ceramics capacity addition on track across 11 plants". BusinessLine. Retrieved 2024-08-01.
  17. ^ "Somany Ceramics expands presence with Grande Store launch in Hissar - Construction Week India". 2024-07-16. Retrieved 2024-09-19.
  18. ^ "Somany?s tile variant gets first patent". Financialexpress. 2009-07-09. Retrieved 2024-07-27.
  19. ^ "Anti-bacterial tiles from Somany". The New Indian Express. 2012-05-16. Retrieved 2024-07-27.
  20. ^ "Somany Design Studio Drives into Lucknow to Showcase the Best of the Tiles and Sanitaryware from the Brand". Money Control. 2016-10-26. Retrieved 2024-07-27.