āagman

Not investment advice. Data and computed figures, for information only.

Cera Sanitaryware Ltd

NSE: CERA
₹5,046.00
−₹7.00 (−0.14%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2025
Market Cap
₹6,452 Cr
CMP
₹5,046.00
52-wk High / Low
₹6,740 / 4,461
P/E
26.1
P/B
4.8
Book Value
₹1,049.0
Div Yield
1.50%
ROCE
22.0%
ROE
18.2%
Face Value
₹5
D/E
0.05

Price−15.4% over 1Y

āagman read

Computed by āagman
Derived from 10 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹2,124
√(22.5 × EPS × book value per share)
ROIC
14.7%
vs 12.3% sector median
Cash flow to profit
0.49
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−143
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.1%
ROE × earnings retention ratio
ROE stability
2.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +1.22DII −0.11
Latest quarter vs the previous one
Cash-accrual divergence
6.8%
of assets
Low = accruals track cash flow
Strengths
+PE of 26.1x is below the sector median of 38.5x
Watch-outs
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2025
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales397416458536429463439549401493452581422
Expenses334348383445358387377454343420391472367
Operating Profit636875907076619558726210855
OPM %15.9%16.3%16.4%16.8%16.3%16.4%13.9%17.3%14.5%14.6%13.7%18.6%13.0%
Other Income−111134151116161618121418
Interest1112112213222
Depreciation8898891010911101110
Profit before tax546978847677669964776110962
Net Profit40515763575752764769468647
EPS (₹)30.3639.0243.3848.2543.2743.7539.1257.6136.1852.7135.5266.3936.10

Profit & Loss

As of 30 Jun 2025
Consolidated · ₹ Cr · 10 years + TTM
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales9171,0091,1851,3521,2241,2241,4461,8101,8791,9261,948
Expenses7768331,0081,1531,0571,0661,2171,5101,5761,6241,651
Operating Profit141176177199167158229301304302297
OPM %15.4%17.4%14.9%14.7%13.6%12.9%15.8%16.6%16.2%15.7%15.2%
Other Income1015141817251823585761
Interest510109101056678
Depreciation1622272839403233374141
Profit before tax129158155180135134209285319311309
Net Profit83100106115111100153211241249248
EPS (₹)64.1778.2379.3388.5187.0877.48116.18161.00183.76191.11190.72

Balance Sheet

As of 30 Jun 2025
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Jun 2025
Equity Capital6666666666—
Reserves4145165996947648651,0091,1661,3391,347—
Borrowings67102969111210045534467—
Other Liabilities316320343399337406491451455442—
Total Liabilities8049451,0451,1911,2191,3781,5521,6771,8461,863—
Fixed Assets230345360385439415337339374399—
CWIP650520111171311—
Investments4791109178228474562663802697—
Other Assets461509572608552487652657656757—
Total Assets8049451,0451,1911,2191,3781,5521,6771,8461,863—

Cash Flows

As of 31 Mar 2025
Consolidated · ₹ Cr
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity1141027512412926889162236122
Cash from Investing Activity−83−102−41−110−80−242−72−105−143127
Cash from Financing Activity01−34−29−55−19−11−60−84−260
Net Cash Flow3101−15−677−310−11

Ratios

As of 31 Mar 2025
10 periods
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
ROCE %—29.024.025.017.015.021.026.025.022.0
ROE %—————————18.2
EPS (₹)64.1778.2379.3388.5187.0877.48116.18161.00183.76191.11
Book Value (₹)—————————1,049.0
Face Value (₹)—————————5
P/E—————————26.1
Div Yield %—————————1.50
NPM %9.09.88.88.48.98.010.511.512.412.6
OPM %15.017.015.015.014.013.016.017.016.016.0
D/E0.160.200.160.130.150.110.040.050.030.05
P/B—————————4.8

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+10.0%
3 years+10.0%
TTM+5.0%
Compounded profit growth
5 years+17.0%
3 years+17.0%
TTM+7.0%
Stock price CAGR
10 years+7.0%
5 years−2.0%
3 years−17.0%
Last year−16.0%
Return on equity
10 years18.0%
5 years17.0%
3 years19.0%
Last year18.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.75%54.75%54.75%54.75%54.48%54.48%54.48%54.48%54.48%54.41%54.41%54.41%
FIIs6.91%6.91%8.13%7.56%14.26%15.44%19.92%18.03%21.93%20.58%14.20%15.42%
DIIs13.73%13.73%9.17%10.62%10.18%10.39%9.98%9.73%6.61%6.93%14.18%14.07%
Government————————————
Public24.61%24.61%27.95%27.07%21.08%19.69%15.62%17.77%16.98%18.06%17.18%16.08%
No. of shareholders18,79818,79821,66222,56317,02317,03020,30339,21334,8041,56,9051,41,0061,31,617
Change since Jun 2023 (pp)
Promoters −0.34FIIs +8.51DIIs +0.34Public −8.53

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Newspaper PublicationAnnouncement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-Earnings Call TranscriptLink Of Audio Recording Of Q1 FY2027 Earnings Conference Call Held On 8Th August, 2026
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingMar 2026TranscriptMar 2026PPTNov 2025TranscriptAug 2025TranscriptAug 2025PPT

Corporate actions

As of 7 Jul 2026
7 Jul 2026DIVIDENDDividend - Rs 75 Per Share—
1 Jul 2025DIVIDENDDividend - Rs 65 Per Sh—
25 Jun 2024DIVIDENDAnnual General Meeting/Dividend - Rs 60 Per Share—
20 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Rs 50 Per Share—
13 Jun 2022DIVIDENDAnnual General Meeting/Dividend - Rs 20 Per Share/ Special Dividend - Rs 15 Per Share—
16 Jul 2021DIVIDEND Dividend - Rs 13 Per Share—
26 Feb 2020DIVIDEND Interim Dividend-Rs 13 Per Share—
12 Jul 2019DIVIDEND Annual General Meeting/ Dividend - Rs 13 Per Share—
14 Aug 2018DIVIDEND Annual General Meeting/Dividend- Rs 12 Per Share—
10 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 12/- Per Share—
14 Jul 2016DIVIDEND Dividend - Rs 9/- Per Share—
16 Jul 2015DIVIDENDDividend - Rs 6.25 Per Share—
13 Aug 2014DIVIDENDDividend Rs 5/- Per Share—
20 Jun 2013DIVIDENDDividend Rs.4 Per Equity Share—
23 Aug 2012DIVIDENDDividend-Rs.3/- Per Share—
11 Aug 2011DIVIDENDDividend-Rs.2.50 Per Share—
2 Sep 2010BONUSBonus 1:1—
26 Jul 2010DIVIDENDDividend-Rs.2.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman