Cera Sanitaryware Ltd
NSE: CERA · Consumer Durables · sector
₹4,542.50NSE close 2026-10-26
Key numbers
Market cap₹5,859 cr
Price₹4,542.50
52w high / low₹6,740 / ₹4,461
P/E28.9xSector median 35.3x
P/B4.0xSector median 2.0x
Book value₹1,141.6
Dividend yield1.43%Sector median 3.37%
ROE14.4%Sector median 4.5%
ROCE18.6%Sector median 8.0%
OPM12.2%Sector median 8.8%
Debt / equity0.00xSector median 0.07x
EV/EBITDA19.5xSector median 19.5x
Interest cover43.5x
Current ratio4.26x
Sales growth 3y+4.5%Sector median +4.5%
Profit growth 3y-0.9%Sector median -0.9%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 6 companies in Consumer Durables (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹849 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹18 cr → ₹1 cr).
- Operating profit covered interest 43.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 27% of net profit in the last 12 months.
- Debtor days went from 39 (FY24) to 49 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹4,542.50 on 2026-10-26: -32.6% from the 52-week high, +1.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹8,250.20 · low ₹4,542.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 490 | 449 | 578 | 419 | 488 | 499 | 644 | 486 |
| EBITDA | 70 | 59 | 104 | 53 | 67 | 33 | 109 | 49 |
| OPM % | 14.2% | 13.2% | 18.0% | 12.7% | 13.8% | 6.5% | 16.9% | 10.1% |
| Other income | 18 | 12 | 16 | 19 | 17 | 11 | 6 | 21 |
| Net profit | 68 | 46 | 86 | 47 | 57 | 24 | 77 | 45 |
| EPS (₹) | 52.44 | 35.56 | 66.36 | 36.08 | 43.92 | 18.35 | 59.96 | 35.13 |
| Revenue YoY | -0.4% | +11.1% | +11.4% | +15.9% | ||||
| Profit YoY | -16.8% | -48.4% | -9.6% | -2.6% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,442 | 1,796 | 1,871 | 1,915 | 2,050 | 2,117 |
| EBITDA | 216 | 280 | 293 | 289 | 261 | 258 |
| Net profit | 149 | 210 | 239 | 246 | 204 | 203 |
| EPS (₹) | 114.84 | 161.20 | 183.89 | 190.40 | 158.31 | 157.36 |
| Revenue growth | +24.6% | +4.2% | +2.4% | +7.0% | +9.3% | |
| Profit growth | +40.4% | +14.1% | +3.1% | -17.2% | -17.5% | |
| Dividend / share (₹) | 13.00 | 20.00 | 50.00 | 60.00 | 65.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.5% | +11.3% | +9.3% |
| Net profit | -0.9% | +15.0% | -17.5% |
| EPS | -0.6% | +15.2% | – |
| Share price | – | -21.0% (2y) | -21.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,169 | 1,343 | 1,350 | 1,472 |
| Borrowings | – | 18 | 16 | 16 | 1 |
| Cash & equivalents | – | 660 | 810 | 698 | 849 |
| Total assets | – | 1,656 | 1,825 | 1,841 | 1,958 |
| Fixed assets | – | 320 | 353 | 378 | 331 |
| Capital work in progress | – | 17 | 13 | 11 | 7 |
| Investments | – | 34 | 32 | 30 | 14 |
| Receivables | – | 188 | 201 | 268 | 274 |
| Inventory | – | 376 | 359 | 406 | 396 |
| Payables | – | 210 | 182 | 191 | 220 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 98 | 156 | 228 | 116 | 212 |
| Cash from investing | -70 | -101 | -140 | 128 | -88 |
| Cash from financing | -21 | -59 | -80 | -258 | -115 |
| Capex | 14 | 35 | 63 | 28 | 21 |
| Free cash flow | 84 | 122 | 164 | 88 | 191 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 17.9% | 17.8% | 18.3% | 13.9% |
| ROCE % | – | 24.2% | 23.5% | 22.9% | 18.7% |
| Debtor days | – | 38 | 39 | 51 | 49 |
| Inventory days | – | 167 | 148 | 163 | 139 |
| Payable days | – | 93 | 75 | 77 | 77 |
| Cash conversion cycle (days) | – | 112 | 112 | 137 | 111 |
| Working capital days | – | 178 | 202 | 198 | 212 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.41% |
| FIIs | 15.55% |
| DIIs | 14.14% |
| of which Mutual funds | 13.31% |
| of which Insurance | 0.58% |
| Public (non-institutions) | 15.85% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.41% | 54.41% | 54.41% | 54.41% | 54.41% | 54.41% | 54.41% | 54.41% |
| Promoter group | % |
|---|---|
| Vikram Investment Company Private Limited | 22.27% |
| Smiti Somany | 10.30% |
| Vikram Somany | 7.26% |
| Rekha Commercial Private Limited | 4.09% |
| Trisure Promotions & Tradings Private Limited | 3.72% |
| Deepshikha Khaitan | 2.60% |
| Suvinay Trading & Investment Co. Ltd. | 2.48% |
| Pooja Jain Somany | 1.55% |
| Madhusudan Industries Limited | 0.14% |
| Public holders above 1% | % |
|---|---|
| Nalanda India Equity Fund Limited | 9.51% |
| Canara Robeco Mutual Fund A/C Canara Robeco Small CAP Fund, Canara Robeco Mutual Fund A/C Canara Robeco Multi CAP Fund, Canara Robeco Mutual Fund A/C Canara Robeco Conservative Hybrid Fund | 3.19% |
| HSBC Mutual Fund - HSBC Small CAP Fund | 2.82% |
| UTI Value Fund, Uti-dividend Yield Fund, UTI Small CAP Fund, UTI Elss TAX Saver Fund, UTI Conservative Hybrid Fund Mirae Asset Small CAP Fund | 2.81% |
| Sajan Kumar Pasari | 1.71% |
| Mirae Asset Multicap Fund, Mirae Asset Flexi CAP Fund, Mirae Asset Nifty Total Market Index Fund | 1.43% |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | 1.24% |
1,27,063 shareholders. Pledged: 0.00% of promoter shares.
Peers in Consumer Durables
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CERA | ₹5,859 cr | 28.9x | 4.0x | 14.4% | 18.6% | 12.2% | +4.5% | 1.43% |
| LAOPALA | ₹1,570 cr | 16.9x | 1.9x | 11.3% | 15.2% | 36.7% | -11.9% | 5.31% |
| VOEPL | ₹1,562 cr | 98.2x | 3.8x | 3.6% | 8.4% | 10.1% | – | – |
| HINDWAREAP | ₹1,350 cr | – | 1.8x | -0.8% | 7.5% | 7.5% | -4.4% | – |
| SWISSMLTRY | ₹295 cr | 41.7x | 2.2x | 5.3% | 7.2% | 3.8% | +28.6% | – |
| ATLASCYCLE | ₹60 cr | – | 0.2x | -2.2% | -2.1% | -107.2% | +58.6% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-07 | Dividend | Dividend - Rs 75 Per Share |
| 2025-07-01 | Dividend | Dividend - Rs 65 Per Sh |
| 2024-08-16 | Buyback | Buy Back |
| 2024-06-25 | Dividend | Annual General Meeting/Dividend - Rs 60 Per Share |
| 2023-06-20 | Dividend | Annual General Meeting/Dividend - Rs 50 Per Share |
| 2022-06-13 | Dividend | Annual General Meeting/Dividend - Rs 20 Per Share/ Special Dividend - Rs 15 Per Share |
| 2021-07-16 | Dividend | Dividend - Rs 13 Per Share |
| 2020-02-26 | Dividend | Interim Dividend-Rs 13 Per Share |
| 2019-07-12 | Dividend | Annual General Meeting/ Dividend - Rs 13 Per Share |
| 2018-08-14 | Dividend | Annual General Meeting/Dividend- Rs 12 Per Share |
| 2017-07-10 | Dividend | Annual General Meeting/Dividend - Rs 12/- Per Share |
| 2016-07-14 | Dividend | Dividend - Rs 9/- Per Share |
| 2015-07-16 | Dividend | Dividend - Rs 6.25 Per Share |
| 2014-08-13 | Dividend | Dividend Rs 5/- Per Share |
| 2013-06-20 | Dividend | Dividend Rs.4 Per Equity Share |
| 2012-08-23 | Dividend | Dividend-Rs.3/- Per Share |
| 2011-08-11 | Dividend | Dividend-Rs.2.50 Per Share |
| 2010-09-02 | Bonus | Bonus 1:1 |
| 2010-07-26 | Dividend | Dividend-Rs.2.50 Per Share |
| 2009-08-28 | Dividend | Dividend-Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing and Trading: Manufacturing and Trading of Sanitaryware, Faucetware, Tiles, Bathroom Accessories & Allied products.
| Sector | Consumer Discretionary |
| Industry | Consumer Durables |
| Sub-industry | Sanitary Ware |
| Symbol | CERA |
| BSE code | 532443 |
| ISIN | INE739E01017 |
| Face value | ₹5.0 |
| Incorporated | 1998-07-17 |
| Website | www.cera-india.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.