CERAConsumer Durables

Cera Sanitaryware Limited

Sanitary Ware · ISIN INE739E01017 · BSE 532443 · NSE EQ · FV ₹5
Last price
₹5,592
-0.96%today
What this company does

Cera Sanitaryware Limited operates in Sanitary Ware, part of the Consumer Durables sector. It booked ₹422 cr of revenue in its latest quarter (Q1 FY26) and kept 11.0% of sales as profit.

The Company is engaged in the business of manufacturing, selling and trading of building material products and is having non-conventional wind farm & solar power for captive use in the State of Gujarat. 2.
In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 25–41 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
38

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet78

How much it owes, and whether earnings cover the interest

Cash quality60

Whether reported profit actually arrives as cash

Growth & consistency62

Whether sales and profit have grown, and how steadily

Valuation46

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthyPriced in line with peers
Strengths
Makes a profit
Sales up 5% vs last year
Promoters hold 54%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in CERA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 9% a year, it would become
₹19.11 lakh

The slider starts at 9%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹5,592 -0.96%
latest close · 2026-09-17
1-year return
+20.9%
52-wk low ₹3,51552-wk high ₹6,494
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio38.7High
LowAverageHigh
P/B ratio5.33High
Below bookModerateHigh
EV / EBITDA24.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.8%Fair
WeakFairStrong ▸15%
Return on capital17.1%Strong
WeakFairStrong
Net margin11.0%Decent
ThinDecentStrong
EBITDA margin17.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover41.8×Strong
RiskyOkayStrong ▸5×
Current ratio3.82Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,212 cr
Book value
₹1,049
EPS
₹36.10
latest quarter
Net debt
₹9 cr
owes more than its cash
Enterprise value
₹7,221 cr
EBITDA
₹293 cr
annualised
EBIT
₹255 cr
annualised
Operating margin
15.1%
Return on assets
10.0%
Earnings yield
2.58%
P/S
4.27
Sales / share
₹1,309.4
Tax rate
24.3%
Face value
₹5
Shares
1.3 cr
Working capital
₹1,048 cr
Current assets
₹1,419 cr
Current liabilities
₹371 cr
Delivery %
51.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹1,274₹1,463, midpoint ₹1,368

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY26 (consolidated)
Revenue from Operations₹422 cr
Other Income₹18 cr
Total Income₹440 cr
Cost of Materials₹68 cr
Purchases of Stock-in-Trade₹141 cr
Inventory Change (±)₹-11 cr
Employee Benefit Expense₹65 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹10 cr
Other Expenses₹103 cr
Total Expenses₹378 cr
Profit before Tax₹62 cr
Tax Expense₹15 cr
Net Profit₹47 cr
Net margin on total income10.7%
Where the money goes · Q1 FY26
% of total income
Materials + stock-in-trade₹198 cr45.0%
Employee benefit expense₹65 cr14.9%
Finance costs₹2 cr0.3%
Depreciation & amortisation₹10 cr2.2%
Other expenses₹103 cr23.5%
Tax expense₹15 cr3.4%
Profit for the period₹47 cr10.7%
Total income ₹440 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY25Q4 FY25Q1 FY26
Revenue452 cr581 cr422 cr
Total income464 cr596 cr440 cr
Expenses403 cr485 cr378 cr
Profit before tax61 cr109 cr62 cr
Tax15 cr23 cr15 cr
Net profit (owners' share)46 cr86 cr47 cr
Net margin (owners' share, on revenue)10.1%14.7%11.0%
EPS (₹)35.5266.3936.10
YoY (latest quarter): total income +5.7% · net profit -1.1%
Balance sheet & cash flow · as of Mar 2025
Debt-free
Total assets
₹1,863 cr
Shareholder equity
₹1,354 cr
parent shareholders
Total debt
₹18 cr
Cash
₹10 cr
Cash flow · H1 FY25
Operating
₹66 cr
Investing
₹188 cr
Financing
₹-254 cr
Peer comparison
Consumer Durables · by market value (sector-level match)
CompanyPriceMarket capP/E
Titan Company Limited₹4,841₹4.30 L cr60.4
Asian Paints Limited₹2,454₹2.35 L cr38.2
LG Electronics India Limited₹1,653₹1.12 L cr43.0
Dixon Technologies (India) Limited₹13,290₹81,202 cr28.2
Havells India Limited₹1,092₹68,534 cr59.0
Kalyan Jewellers India Limited₹581₹60,049 cr43.0
Berger Paints (I) Limited₹449₹52,307 cr32.3
Voltas Limited₹1,135₹37,546 cr43.9
Blue Star Limited₹1,553₹31,930 cr77.8
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.34%
trailing 12 months
Dividend / share (TTM)
₹75
Last dividend
₹75
ex 7 Jul 2026
ActionDetailEx-date
Dividend₹75 / share7 Jul 2026
Dividend₹65 / share1 Jul 2025
BuybackBuy Back16 Aug 2024
Dividend₹60 / share25 Jun 2024
Dividend₹50 / share20 Jun 2023
Dividend₹20 / share13 Jun 2022
Who owns it · 2026-06-30
No pledge
Promoter
54.4%
FII / Foreign
15.4%
DII / Domestic
14.1%
Retail / others
16.1%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldCera Sanitaryware Employees Welfare Trust · Other111 · ₹55525 Feb 26
SoldCera Sanitaryware Employees Welfare Trust · Other59 · ₹3.0 L18 Feb 26
BoughtCera Sanitaryware Employees Welfare Trust · Other1,243 · ₹65.8 L23 Dec 25
Bulk / block deals
short · NSE1322 Jun 26
SoldHDFC STANDARD LIFE INSURANCE COMPANY LTD · NSE1.50 L @ ₹5,4808 Jun 26
BoughtGOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO · NSE1.18 L @ ₹5,4808 Jun 26
Stake changes
SoldHDFC Life Insurance Co. Ltd.→ 0.00% · 1.50 L8 Jun 26
SoldHDFC Life Insurance Co. Ltd.→ 0.00% · 1.50 L8 Jun 26
SoldVikram Somany · promoter→ 54.41% · 67,3794 Sep 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 11 Sep 2025
See the official result
1
Re-appointment of Mr. Ravi Bhamidipaty as an Independent Director of the Company for second term.
Backed by 96% of shareholders other than promotersneeded 75%
33.59 L votes for, 1.40 L against · 4% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 54.4% between them · as of 2026-06-30
VIKRAM INVESTMENT COMPANY PRIVATE LIMITED22.27%
SMITI SOMANY10.30%
VIKRAM SOMANY7.26%
REKHA COMMERCIAL PRIVATE LIMITED4.09%
TRISURE PROMOTIONS & TRADINGS PRIVATE LIMITED3.72%
DEEPSHIKHA KHAITAN2.60%
SUVINAY TRADING & INVESTMENT CO. LTD.2.48%
POOJA JAIN SOMANY1.55%
Business done with them
FY2025 · 1 of the group
The company paid ₹20.1 L to companies in the promoter group last year — about 0.0% of its ₹1,926 cr revenue.
MADHUSUDAN INDUSTRIES LIMITED
Leases As Lessee · As per below
also owns 0.14% of the company
₹1 cr
company received
MADHUSUDAN INDUSTRIES LIMITED
Paid them for services · As per below
also owns 0.14% of the company
₹20.1 L
company paid

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.