Sonam Ltd. – Company Report
1. Company Overview
Sonam Ltd., originally incorporated in 2001 as Sonam Clock Private Limited in Morbi, Gujarat, is a leading Indian manufacturer specializing in horological products, primarily wall clocks, table clocks, and clock components. The company transitioned to a public limited company in 2018 and was rebranded as Sonam Ltd. in September 2023. It is India’s second-largest clock company, with a broad nationwide footprint and growing export orientation.
Sonam caters to both corporate and retail segments, supplying its extensive range of products under the brand names Sonam, Lotus, LEXY, and ampm. Its ISO 9001-certified production facility in Morbi ensures strong quality control. As of August 2025, the company is publicly listed with a market capitalization of approximately ₹2,020 crore, reinforcing its legacy as a reliable and innovative player in the Indian clock industry.
- Incorporated: 2001
- Headquarters: Morbi, Gujarat, India
- Certifications: ISO 9001
- Manufacturing Facility: Morbi (strategic production hub)
- Employees: Estimated <200 (2025)
- Listed on: NSE/BSE
- Market Cap (Aug 2025): ~₹2,020 crore
- Brands: Sonam, Lotus, LEXY, ampm
2. Products and Services
Sonam Ltd. offers an extensive and diverse horological product portfolio:
Wall Clocks:
- Classy dial clocks, designer clocks, picture and gold dial clocks, economy clocks
- Pendulum clocks, sweep clocks, musical clocks, night glow clocks, antique clocks
- Regular office clocks
Table and Alarm Clocks:
- Alarm timepieces, desk/table clocks, corporate-branded clocks
- Rotating pendulum musical clocks, light sensor clocks
- Customized gifting clocks
Technological and Specialty Offerings:
- LED digital clocks, LCD clocks
- Clock movements (quartz), check/correct calculators
Corporate Gifting & Customization:
- Tailor-made clocks with branding for bulk/corporate gifting
Distribution & Market Reach:
- Over 35,000 retailers across India
- Presence in select international markets
3. Recent News and Financial Performance
Recent Developments
- Rebranded to Sonam Ltd. in September 2023 for broader corporate appeal.
- Expanded product lines with new variants and clock components.
- Executed a stock split in 2024 to enhance retail participation.
- Continued focus on automation and R&D-driven innovation.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹103.81 crore |
| Net Profit | ₹6.33 crore |
| Operating Profit Margin (OPM) | 12% |
| Earnings Per Share (EPS) | ₹1.58 |
| Return on Equity (ROE) | 11% |
| Debt / Equity | Moderate & Stable |
| Dividend | Not declared |