Shares of Somany Ceramics, Kajaria Ceramics and Cera Sanitaryware have underperformed the market by falling over 20 per cent thus far in 2025, as against a 3.6 per cent decline in BSE Sensex.
While strong exports are expected to help stabilise domestic market prices, the surge in gas prices over the past couple of months may have impacted margins in the second half of FY24
SHIL, which operates under segments such as consumer appliances, home retail solutions and furniture and kitchen fittings business, had reported a revenue of Rs 451.44 crore in FY 2019-20
While for SHIL, 98 per cent of business comes directly from consumers, for HSIL, 30 per cent of the business is dependent on large institutional buyers like builders, hospitals, hotels, among others