Sonam Q2 FY27 Share Price & Earnings Call Analysis

₹71.92+4.19% today
Market cap
₹288 Cr
P/E
32.00
ROE
10.89%
PEG
1.45
Price to sales
1.45
Debt to equity
0.30
52W high / low
₹78.0 / ₹38.3
Sales growth (5Y)
16.52%
EBITDA margin
8.48%
Net profit margin
4.28%
Promoter holding
57.73%
Sales (last year)
₹200 Cr

Incorporated in 2001, Sonam Ltd is engaged in manufacturing & trading of Horological items, Clocks, Clock Movements and related items.[1]

Guidance scorecard · Q2 FY27 call

What Sonam Ltd's management guided
and where it ranks in Consumer Durables

#37of 84 in
Consumer Durables

RevenueQ1 FY27 call

20–40%
  • Management expects sustainable revenue growth of 25% to 30% for the full year, following a strong Q1 growth of 75.6%.
  • For the next quarter, revenue is anticipated to be around Rs. 40 to Rs. 50 crores, contingent on monsoon and market conditions in tier two and three cities.
  • Festival season is expected to maintain steady demand, similar to Q1 levels.
  • New product launches are planned monthly, with a focus on innovative and premium clock designs to capture wider markets.
  • The company aims to shift towards value products priced between Rs. 5,000 and Rs. 10,000, targeting higher margins.

2 more points from Sonam Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Sonam Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Jayeshbhai Shah highlighted the existing manufacturing capacity utilization at 60%-70%, implying current capacity suffices for near-term demand.
  • When queried about replication of Sonam's manufacturing setup, it was estimated that setting up a similar plant today would require an investment exceeding Rs. 200 crores, indicating significant capital commitment and established assets.
  • The company focuses on continuous new product development and innovation rather than expanding manufacturing capacity aggressively.

2 more points from Sonam Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

None planned

See what Sonam Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

  • For the next quarter, Sonam Limited expects revenue around Rs. 40 crores to Rs. 50 crores minimum.
  • The revenue projection depends on factors such as the monsoon season and the market situation in tier two and tier three cities.
  • With the upcoming festival season, the company anticipates maintaining revenue levels similar to those achieved in the 1st quarter.
Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Consumer Durables
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Consumer Durables companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹151 Cr13.8
240%+Up 0–2%₹2,267 Cr12.2
340%+Up 0–2%₹1,934 Cr16.9
440%+Flat₹2,338 Cr39.6
540%+Flat₹1,975 Cr20.8
640%+Flat₹528 Cr16.7

Financials of Sonam Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Sonam Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +72.47%72.41%72.28%71.89%54.29%55.15%55.95%57.12%57.27%57.55%58.12%57.73%
FIIs +0.00%0.00%0.00%0.00%0.21%0.42%0.01%0.00%0.02%0.26%0.00%0.09%
Public +27.53%27.59%27.72%28.11%45.50%44.43%44.04%42.88%42.71%42.19%41.88%42.18%
No. of Shareholders1,5962,1753,1635,7528,2158,5228,5127,9547,5006,9256,5946,815

Financials of Sonam Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +24.6223.3722.2822.6724.4725.2831.7137.9031.3238.1263.6566.57129.39
Expenses +21.4319.7819.1220.0821.7521.3028.9035.3429.0834.2157.9961.45123.56
Operating Profit3.193.593.162.592.723.982.812.562.243.915.665.125.83
OPM %12.96%15.36%14.18%11.42%11.12%15.74%8.86%6.75%7.15%10.26%8.89%7.69%4.51%
Other Income +0.230.180.240.360.260.270.460.460.130.20-0.080.260.73
Interest0.890.870.470.530.510.590.450.550.430.460.640.620.84
Depreciation0.850.430.740.660.670.680.670.690.710.730.650.710.75
Profit before tax1.682.472.191.761.802.982.151.781.232.924.294.054.97
Tax %28.57%23.89%23.74%33.52%25.00%29.19%20.93%25.84%26.83%25.00%32.40%25.68%24.55%
Net Profit +1.191.891.681.171.342.121.701.320.902.202.903.003.76
EPS in Rs0.300.470.420.290.330.530.420.330.220.550.720.750.94

Financials of Sonam Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +33353851656080878388104171298
Expenses +3033354457537279747592157277
Operating Profit32478788912121421
OPM %9%7%10%14%12%11%10%9%11%14%12%8%7%
Other Income +1410000111111
Interest2222222223223
Depreciation1111112223333
Profit before tax131454445791016
Tax %33%22%34%28%29%29%20%19%18%26%27%28%
Net Profit +03134333466712
EPS in Rs0.140.930.301.010.920.710.860.851.001.381.581.832.96
Dividend Payout %0%0%0%0%14%0%0%0%0%0%0%0%

Financials of Sonam Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital2557101010102020202020
Reserves4345151834383237435158
Borrowings +19191917142429302622182130
Other Liabilities +47781010111387152227
Total Liabilities2934353749618491868696115135
Fixed Assets +12141414151546525451504948
CWIP00001130200000
Investments000000000031010
Other Assets +17212123323437373236435677
Total Assets2934353749618491868696115135

Financials of Sonam Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +15394451087106
Cash from Investing Activity +-1-3-2-1-3-12-8-9-2-1-4-7
Cash from Financing Activity +-1-2-1-8-193-2-7-6-61
Net Cash Flow-0-0-00-000-0-000-0
Free Cash Flow02181-9026694
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit40%206%87%142%74%79%69%142%102%74%104%60%

Financials of Sonam Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days313168545264402332383517
Inventory Days1742051691331631581081391169613294
Days Payable3357046465419351024038
Cash Conversion Cycle17117823614116816812912713913112874
Working Capital Days33112785957553537535243
ROCE %17%12%21%20%13%10%9%9%13%13%14%

Guidance history

How Sonam Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%FlatPlannedNone planned—
Q4 FY26 call →20–40%FlatPlanned—Rising
Q4 FY26 call →20–40%Up 0–2%Planned—Rising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

Others in Consumer Durables this season

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    Revenue from Operations for Q2 FY27: INR 8,618 million, up 7.5% YoY. Key investor presentation takeaways from Bata India Ltd's Q2 FY27 investor presentation — a

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    Q2 FY27 Operational Revenue: INR 2,247 Mn, up 54.9% YoY (Q2 FY26: INR 1,451 Mn) (Page 32, 28) . Key investor presentation takeaways from RBZ Jewellers Ltd's Q2

  • Global Surfaces (Q2 FY27)

    Q2-FY27 revenue from operations was INR 599 Mn, a 10.7% increase YoY from INR 541 Mn in Q2-FY26 (Page 21). Key investor presentation takeaways from Global Surfa

  • Kabra Jewels (Q2 FY27)

    356 crore, up 14% YoY . Key results statement takeaways from Kabra Jewels Ltd's Q2 FY27 results statement — and how it ranks against sector peers.