Somany Home Innovation Ltd - 542905 - Fixes Record Date for Interim Dividend
Somany Home Innovation Ltd has informed BSE that the Company has fixed February 22, 2022 as the Record Date for the purpose of Payment of Interim Dividend.The Interim Dividend shall be paid on March 01, 2022 to the equity shareholders of the Company. Q3FY22 Quarterly Result Announced for Somany Home Innovation Ltd.
Household Appliances company Somany Home Innovation declares Q3FY22 result: Somany Home Innovation Limited Delivered Consolidated Revenue from Operations of Rs 649 crore, registering a growth of 26% in Q3 FY22 SHIL reported Consolidated Revenue from Operations of Rs 649 crore compared to Rs 517 crore in the same quarter last year, registering a growth of 26% on a YoY basis. EBITDA recorded a growth of 6% YoY and increased to Rs 62 crore in Q3 FY22. PBT grew by 5% YoY during the quarter. The Building Products Division continues to move from strength to strength, on the back of the strong performance of its businesses i.e. Sanitaryware, faucets, and plastic pipes & fittings businesses. The Building Products Segment delivered another robust quarter with Revenue from Operations and EBIT coming in at Rs 496 crore and Rs 46 crore respectively. Both Sanitaryware and Faucets businesses saw significant growth in their respective market shares, on the back of product and design leadership, brand salience, wide product portfolio, and distribution network. The plastic pipes and fittings business too saw growth in both revenue and volume owing to the wide acceptance of our brand and quality of the products. Revenue from Operations and EBIT for the Consumer Appliances business stood at Rs 131 crore and Rs 4 crore respectively in Q3 FY22. Consumer business profitability was impacted due to inflated input costs and slow market demand. Moreover, Q3 FY21 had benefited from a significant amount of pent-up demand, resulting in a higher base effect. The Consumer Appliances business implemented price hikes across most product categories in an effort to pass on some of the effects of the inflated input costs to consumers. The pressure on profitability is temporary in nature and the Company expects to continue to drive growth on the back of innovative product launches and investment in the brand and the distribution network. Commenting on the Company’s performance, Mr. Sandip Somany, Chairman, Somany Home Innovation Limited, said, “The Company registered encouraging growth on a consolidated basis in Q3FY22. Our Building Products Segment continues to deliver industry leading performance proving the efficacy of the strategy which we created at the start of the financial year. The Consumer Appliances Business was impacted during the quarter but we believe that the impact on the profitability is transient in nature, and our focus to further improve the efficiency of our operations will help us drive growth in the coming quarters. We will continue to focus on developing a range of new and connected products, which encapsulate innovation and aesthetics together, making an impact on the lives and homes of our customers.” Result PDF Somany Home Innovation Ltd - 542905 - Corporate Action-Board approves Dividend
the Board in its meeting held today has also declared Interim Dividend @ 25% i.e. Re.0.50 (Paise Fifty) per equity share of Rs.2/- each for the financial year 2021-2022. The Interim Dividend shall be paid on 1st March, 2022 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners as on 22nd February, 2022 which is the Record date fixed for the purpose of determining entitlement of the shareholders for such Interim Dividend. Somany Home Innovation Ltd - 542905 - Standalone And Consolidated Un-Audited Financial Results And Limited Review Report For The Third Quarter And Nine Months Ended 31St December, 2021 And Declaration Of Interim Dividend
we have enclosed herewith Standalone and Consolidated Un-audited Financial Results together with Segment wise Revenue, Results, Segment wise Assets and Liabilities for the third quarter and nine months ended 31st December, 2021, considered and approved by the Board of Directors in their meeting held on Thursday, 10th February, 2022 together with the Limited Review Report of the Statutory Auditors thereon. Further, the Board in its meeting held today has also declared Interim Dividend @ 25% i.e. Re.0.50 (Paise Fifty) per equity share of Rs.2/- each for the financial year 2021-2022. The Interim Dividend shall be paid on 1st March, 2022 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners as on 22nd February, 2022 which is the Record date fixed for the purpose of determining entitlement of the shareholders for such Interim Dividend. Somany Home Innovation Ltd - 542905 - Board Meeting Outcome for Standalone And Consolidated Un-Audited Financial Results And Limited Review Report For The Third Quarter And Nine Months Ended 31St December, 2021 And Declaration Of Interim Dividend
we have enclosed herewith Standalone and Consolidated Un-audited Financial Results together with Segment wise Revenue, Results, Segment wise Assets and Liabilities for the third quarter and nine months ended 31st December, 2021, We have also enclosed herewith a copy of the Press Release pertaining to the financial performance of the Company for the third quarter ended 31st December, 2021. Further, the Board in its meeting held today has also declared Interim Dividend @ 25% i.e. Re.0.50 (Paise Fifty) per equity share of Rs.2/- each for the financial year 2021-2022. The Interim Dividend shall be paid on 1st March, 2022 to the equity shareholders of the Company, whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners as on 22nd February, 2022 which is the Record date fixed for the purpose of determining entitlement of the shareholders for such Interim Dividend. Somany Home Innovation Ltd - 542905 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that Monarch Networth Capital has arranged a Conference Call for investors and analysts on Friday, 11th February, 2022 at 4:00 PM (IST) to discuss the financial and operating performance and business outlook of the Company for the third quarter and nine months ended 31st December, 2021, with the Management of the Company. The invitation along with dial-in details to attend this conference call is enclosed herewith. The Company has engaged Citigate Dewe Rogerson Communications Private Limited as an Investor Relations Advisor and in case of any query, you may call Mr. Gavin Desa on +91 98206 37649 or Mr. Kshitij Sharma on +91 98331 98439 or write to [email protected] / [email protected]. You are requested to take this information on records. Somany Home Innovation Ltd - 542905 - Board to consider Q3 results & Interim Dividend on Feb 10, 2022
Somany Home Innovation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2022, for considering, inter-alia, the following matters:1. Standalone and Consolidated Un-audited Financial Results together with Segment wise Revenue and Results, Segment wise Assets and Liabilities for the third quarter and nine months ended December 31, 2021.2. Declaration of Interim Dividend on equity shares, if any, for the financial year 2021-2022. Somany Home Innovation Ltd - 542905 - Board Meeting Intimation for Board Meeting Intimation Pursuant To Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Somany Home Innovation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2022 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that 31st meeting of the Board of Directors of the Company will be held on Thursday, 10th February, 2022 at 301-302, 3rd Floor, Park Centra, Sector-30, Gurugram-122001 for considering, inter-alia, the following matters: 1. Standalone and Consolidated Un-audited Financial Results together with Segment wise Revenue and Results, Segment wise Assets and Liabilities for the third quarter and nine months ended 31st December, 2021. 2. Declaration of Interim Dividend on equity shares, if any, for the financial year 2021-2022. 3. Other usual routine matters including any other matter brought before the Board with the kind consent of the Chairman. You are requested to take this information on records. Somany Home Innovation Ltd - 542905 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that the management of the Company has organized a Conference Call for investors and analysts on Tuesday, January 18, 2022, at 3:30 PM (IST) to discuss the proposed acquisition of the Building Products Manufacturing Undertaking by Brilloca Limited (a wholly owned subsidiary of the Company), from HSIL Limited on a slump sale basis. The invitation to attend this Conference Call is enclosed herewith. The Company has engaged Citigate Dewe Rogerson Communications Private Limited as an Investor Relations Advisor and in case of any query, you may call Mr. Gavin Desa on +91 98206 37649 or Mr. Kshitij Sharma on +91 98331 98439 or write to [email protected] / [email protected]. You are requested to take the above information on your record. Somany Home Innovation Ltd - 542905 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 W.R.T. Acquisition Of Business Undertaking By Brilloca Limited, A Wholly Owned Subsidiary Of The Company, On A Slump Sale Basis
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the 'Listing Regulations'), read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 ('September 9, 2015 Circular'), we hereby inform the stock exchanges that the Board of the Company, at its meeting held today, has taken note of the approval granted by the board of directors of Brilloca Ltd., a wholly owned subsidiary of the Company, for the acquisition of the building products manufacturing undertaking of HSIL Limited , on a slump sale basis. The details required under Regulation 30 of the Listing Regulations read with the September 9, 2015 Circular are enclosed as 'Annexure A'. Further, the intimation shared by Brilloca with the Company, in relation to the proposed acquisition of the BPD Undertaking of HSIL, is enclosed as 'Annexure B'. Also enclosed is a press note that is being released for this transaction.