Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Cera Sanitaryware Limited

NSE: CERASanitary Ware

Share price

₹5,002.50

+1.07% close of 9 Oct 2026

Market cap ₹6,369 CrP/E 29.3 (as of 8 Oct 2026)

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

67

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,369 Cr

P/E ratio

29.3

P/B ratio

4.3

ROCE

19.2%

ROE

14.5%

Dividend yield

1.5%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹6,661.5052-week low ₹4,524.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.0% over the past year, and 17.9% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 16.7% to 12.5% over the last four years.

Whether it grew faster than its sector

It grew 17.9% a year against a sector median of 11.3% — 6.7 percentage points faster.

Room to re-rate, or risk of de-rating

At 29.3× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 45.5×, across 5 companies. It is against its own five-year median of 36.1×, the 13th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Cera Sanitaryware Limited — this one-1%/yr29.3×—
Titan Company17%/yr66.5×₹3.9
Asian Paints2%/yr45.5×₹22.8
LG Electronics India Limited8%/yr64.1×₹8.0
Dixon Technologies (India) Limited41%/yr40.5×₹0.99
Havells India16%/yr38.7×₹2.4

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies across the whole Consumer Durables sector, it ranks 44 of 153 on returns, 30 of 145 on growth, 51 of 156 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 19.2% on capital, ahead of 71% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹810 crore of cash from the business, spent ₹154 crore on plant and equipment, and returned ₹533 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 95 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 37 days for its cash to waiting 61 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue grew 15.2% while profit fell 3.6% as first-quarter margins were hit by temporary costs.

Announced 7 Aug 2026 · Standalone · Unaudited

Revenue

₹486 Cr

Revenue vs last year

+15.2%

Net profit

₹45 Cr

Profit vs last year

-3.6%

Net margin

9.3%

EPS

₹35.13

Earnings call transcript · 8 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,369 Cr
Prev close
₹5,002.50
52w High
₹6,740
52w Low
₹4,461
Enterprise value
₹6,384 Cr
Beta
0.9
Price CAGR 1y
-17.0%
Price CAGR 3y
-15.0%
Price CAGR 5y
-1.0%
Price CAGR 10y
7.0%

Ratios

Return on assets
10.4%
PEG ratio
-30.8
P/E ratio
29.3
P/B ratio
4.3
EV / EBITDA
23.9
Industry P/E
32.3
ROCE
19.2%
ROCE 5y average
22.8%
ROE
14.5%
Debt / Equity
0.0
Interest coverage
45.8
Dividend yield
1.5%
ROE 3y average
17.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹2,050 Cr
Annual profit
₹204 Cr
Operating margin
13.0%
Net profit margin
10.0%
EBITDA margin
13.1%
Sales growth 3y
4.4%
Sales growth 5y
11.3%
Profit growth 3y
-1.0%
Profit growth 5y
16.0%
EPS
₹158
Sales growth TTM
9.0%
Profit growth TTM
-17.0%
Dividend payout
47.0%

Quarter P&L

Sales latest quarter
₹486 Cr
Profit latest quarter
₹45 Cr
YoY quarterly sales growth
19.4%
YoY quarterly profit growth
-4.3%
OPM latest quarter
10.0%

Balance Sheet

Book Value
₹1,227
Face Value
₹5.0
Total debt
₹47 Cr
Total cash
₹48 Cr
Borrowings
₹47 Cr
Reserves / Equity
244.3

Cash Flow

Operating cash flow
₹212 Cr
Free cash flow
₹192 Cr
FCF yield
2.9%
Net cash flow
₹9 Cr

Shareholding

Promoter holding
54.4%
FII holding
15.4%
DII holding
14.1%
Public holding
16.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Cera Sanitary.5,038.5031.46,4831.4945.3-2.6486.019.519.3
Hindware Home In170.191,4260.004.4-78.7625.317.77.1
Ganga Bath Fitt.21.6037.5480.000.9-17.618.317.36.0
Median2,604.3431.43,9550.7424.8-40.7555.618.613.2

Competes with: Hindware Home Innovation Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales427461437547398490449578407488499624486
Expenses358387377455342420390472354421448526437
Material Cost646064717283
Change in Inventories28-10-16-20593.56
Purchases of Stock-in-Trade193149192198220177
Employee Cost606565705978
Other Expenses12610411512913595
Operating Profit687459925670591065367519849
OPM %16161417141413181314101610
Other Income16111616161812141917-71721
Exceptional items (within Other Income)-1.5000-18110
Interest1111132212211
Depreciation8899810101091010109
Profit before tax7576659863756010861723210460
Tax %25252223251023212422272524
Net Profit56575175476846864757247745
EPS in Rs43443958365336663644186035
Diluted EPS in Rs663644186035

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8229171,0111,1821,3441,2091,2021,4421,8031,8711,9152,0502,097
Expenses7037768411,0141,1521,0451,0521,2201,5101,5771,6221,7811,832
Material Cost247266
Change in Inventories-3213
Purchases of Stock-in-Trade695759
Employee Cost242259
Other Expenses473483
Operating Profit119141171168191164150221293295293269265
OPM %14151714141412151616151313
Other Income5101114151422172559594548
Exceptional items (within Other Income)-1.50-7.81
Interest855534455576.476
Depreciation15161822233333303034393939
Profit before tax101129158154180141134203282314306269268
Tax %333634353618252726241924
Net Profit6883104100115116101149210239246204203
EPS in Rs52648077888978115161184191158157
Diluted EPS in Rs190158
Dividend Payout %121415161515173031333447

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
11%
3 years
4%
TTM
9%

Compounded profit growth

10 years
10%
5 years
16%
3 years
-1%
TTM
-17%

Stock price CAGR

10 years
7%
5 years
-1%
3 years
-15%
1 year
-17%

Return on equity

10 years
17%
5 years
18%
3 years
17%
Last year
15%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital66666666666.456.45
Reserves3454155185986947668689991,1631,3361,3441,466
Borrowings683534241833283746406347
Other Liabilities224290302320371320381385441443427439
Total Liabilities6447478619491,0891,1261,2831,4271,6561,8251,8411,958
Fixed Assets215226266279305350330321320356380372
CWIP8405111111713117
Investments4867119139212262513567669807702815
Other Assets374449475525561512440539649649749764
Total Assets6447478619491,0891,1261,2831,4271,6561,8251,8411,958

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity411161127211412326298156228116212
Cash from Investing Activity-117-38-92-36-102-76-243-70-101-140128-88
Cash from Financing Activity76-48-20-34-27-53-13-21-59-80-258-115
Net Cash Flow-130-01-15-677-38-149
Free Cash Flow-4392582473822538512316789192

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days727580838167634238395149
Inventory Days1201099810410112896154167148163139
Days Payable4648585053528110493757777
Cash Conversion Cycle1451371201361291427892112112137111
Working Capital Days434743565866303743446561
ROCE %323031262719162226252219

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters545454545454545454545454
FIIs212122212322211716151415
DIIs8.388.386.617.306.066.266.931214141414
Public161717171717181616171716
Others00000.010.010.030.020.020.040.040.02
No. of Shareholders42,31634,87834,80433,1231,78,7141,65,5761,56,9051,52,0961,47,9871,46,5311,41,0061,31,617

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -16.9% (₹6,023.00 → ₹5,002.50)Brick size ₹129.68 (fixed)Bricks 51
₹6,000₹5,003Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹5,002.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.09cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

81,93,445inr

2026-03-31

News

News and filings about Cera Sanitaryware Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • brass
  • china clay
  • feldspar
  • glaze / ceramic colours
  • plaster of paris
  • zamak (zinc alloy)

Depends on the price of

  • Natural gas
  • copper
  • zinc

Buys from

  • M & B Engineering Limited · pre-engineered buildings / self-supported steel roofing / structural steel
  • R K Swamy Limited · integrated marketing services; carried-forward seed (IPO RHP client list). The FY26 AR nam…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Sanitary Ware
Classification
Consumer Durables › Sanitary Ware
ISIN
INE739E01017

Plants

  • CERA Kadi manufacturing facility · Kadi, Gujarat
  • CERA captive wind and solar power units (Gujarat)
  • Packcart Packaging LLP unit · Gujarat
  • Race Polymer Arts LLP unit · Balol, Mehsana district, Gujarat

News impact

Big market events that reach Cera Sanitaryware Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

7 Jul 2026unspecified₹75
1 Jul 2025unspecified₹65
25 Jun 2024unspecified₹60
20 Jun 2023unspecified₹50
13 Jun 2022unspecified₹20
13 Jun 2022special₹15
16 Jul 2021unspecified₹13
26 Feb 2020interim₹13

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
8 Jun 2026HDFC STANDARD LIFE INSURANCE COMPANY LTDSELL1,50,000₹5,480.00
8 Jun 2026GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIOBUY1,18,478₹5,480.00

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
23 Sep 2026Cera Sanitaryware Employees Welfare Trust · TrustBUY2,1501.21
18 Sep 2026Cera Sanitaryware Employees Welfare Trust · TrustBUY2,3351.30

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.