Cera Sanitaryware Ltd (CERA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532443 | NSE: CERA | Ceramics/Marble/Granite/Sanitaryware | Small Cap

Cera Sanitaryware Share Price

5,349.95 -51.20 -0.95%
as on 05-Dec'25 10:40

Cera Sanitaryware Ltd (CERA) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532443 | NSE: CERA | Ceramics/Marble/Granite/Sanitaryware | Small Cap

DeciZen - make an informed investing decision on Cera Sanitaryware

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Cera Sanitaryware stock performance -

Key Ratios
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P/E Ratio (SA):
29.69
Market Cap:
6,966.2 Cr.
52-wk low:
5,062
52-wk high:
8,010

Is Cera Sanitaryware Ltd an attractive stock to invest in?


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10 Year X-Ray of Cera Sanitaryware: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Cera Sanitaryware Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 30.8%32.3%26.9%27.2%19.3%16.5%21.8%26%25.1%23%-
Value Creation
Index
1.21.30.90.90.40.20.60.90.90.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9171,0111,1821,3441,2091,2021,4421,8031,8711,9151,935
Sales YoY Gr.-10.3%16.9%13.7%-10%-0.6%20%25.1%3.8%2.4%-
Adj EPS 62.779.976.588.89077.6117.4162.3182.7189.8181.9
YoY Gr.-27.5%-4.2%16.1%1.4%-13.8%51.4%38.2%12.6%3.9%-
BVPS (₹) 323.7403.2465.1538.3594.3672.3773.38991,032.31,044.61,062.7
Adj Net
Profit
81.510499.5115117101153211238245235
Cash Flow from Ops. 11611271.511412326297.9156228116-
Debt/CF from Ops. 0.30.30.30.20.10.10.20.10.10.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.5%9.6%9.9%2.4%
Adj EPS 13.1%16.1%17.4%3.9%
BVPS13.9%11.9%10.5%1.2%
Share Price 10.6% 10.7% -0.5% -30.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
21.12217.617.715.912.316.219.418.918.217.3
Op. Profit
Mgn %
15.416.914.514.213.512.515.416.31515.314.7
Net Profit
Mgn %
8.910.38.48.69.78.410.611.712.712.812.1
Debt to
Equity
0.10.1000000000
Working Cap
Days
1401431441431601439996103109119
Cash Conv.
Cycle
90859195105814240475890

Recent Performance Summary

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Latest Financials - Cera Sanitaryware Ltd.

Standalone Consolidated
TTM EPS (₹) 181.9 190.7
TTM Sales (₹ Cr.) 1,935 1,948
BVPS (₹.) 1,062.7 1,083.6
Reserves (₹ Cr.) 1,364 1,391
P/BV 5.08 4.98
PE 29.69 28.32
From the Market
52 Week Low / High (₹) 5062.00 / 8010.00
All Time Low / High (₹) 3.25 / 11499.65
Market Cap (₹ Cr.) 6,966
Equity (₹ Cr.) 6.5
Face Value (₹) 5
Industry PE 44.2

Management X-Ray of Cera Sanitaryware:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Cera Sanitaryware - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

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No data found!

Key Ratios of Cera Sanitaryware

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales9171,0111,1821,3441,2091,2021,4421,8031,8711,915
Operating Expenses 7768411,0111,1531,0471,0521,2211,5111,5911,625
Manufacturing Costs674863706851105138109118
Material Costs441481563646585647681822882910
Employee Cost 111118140156160144191211228242
Other Costs 157194245281234209244340372355
Operating Profit 141171171191162150221292280291
Operating Profit Margin (%) 15.4%16.9%14.4%14.2%13.4%12.5%15.3%16.2%15.0%15.2%
Other Income 10111116162223307563
Interest 5553445557
Depreciation 16182223333330303439
Exceptional Items 000000-6-5-2-2
Profit Before Tax 129158154180141134203282314306
Tax 46545465253354727560
Profit After Tax 83104100115116101149210239246
PAT Margin (%) 9.1%10.3%8.5%8.6%9.6%8.4%10.4%11.6%12.8%12.9%
Adjusted EPS (₹)64.279.977.188.589.277.9114.8161.2183.9191.1
Dividend Payout Ratio (%)14%15%16%15%15%17%30%31%33%34%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 4215246057007738741,0061,1691,3431,347
Share Capital 7777777776
Reserves 4155185986947668689991,1631,3361,341
Minority Interest0000000000
Debt26292418151219181616
Long Term Debt5000000000
Short Term Debt21292418151219181616
Trade Payables5776789484143193210182191
Others Liabilities 242231242277254253209258284287
Total Liabilities 7478619491,0891,1261,2831,4271,6561,8251,841

Fixed Assets

Gross Block311368402445516521531549604653
Accumulated Depreciation85102122139165191210229250275
Net Fixed Assets 226266279305350330321320354378
CWIP 40511111171311
Investments 67119139212262513567669807702
Inventories132129161179204170288376359406
Trade Receivables188221268297221207164188201268
Cash Equivalents 5938231021024253426
Others Assets 69887474855363595750
Total Assets 7478619491,0891,1261,2831,4271,6561,8251,841

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 1161127211412326298156228116
PBT 129158154180141134203282314306
Adjustment 1613191229212422-25-41
Changes in Working Capital 0-7-48-214136-79-7714-92
Tax Paid -30-52-53-56-50-30-50-71-76-57
Cash Flow From Investing Activity -38-92-36-102-76-243-70-101-140128
Capex -24-54-48-42-41-9-13-34-61-27
Net Investments -18-4311-49-37-231-67-92-83151
Others 451-122-292544
Cash Flow From Financing Activity -48-20-34-27-53-13-21-59-80-258
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -5-5-5-2-2-3-3-3-3-2
Dividend Paid -8-12-16-16-340-17-46-65-78
Others -35-3-13-9-17-10-1-10-12-178
Net Cash Flow 30-01-15-677-38-14

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)21.62217.7517.6315.7412.315.8919.2819.0418.33
ROCE (%)30.8132.2926.8827.2219.2516.5421.7525.9525.0922.99
Asset Turnover Ratio1.381.321.321.321.0911.251.381.261.23
PAT to CFO Conversion(x)1.41.080.720.991.062.590.660.740.950.47
Working Capital Days
Receivable Days66717577786540303238
Inventory Days49454446585749576162
Payable Days44515049566490908175

Cera Sanitaryware Ltd Stock News

Cera Sanitaryware Ltd FAQs

The current trading price of Cera Sanitaryware on 05-Dec-2025 10:40 is ₹5,350.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Cera Sanitaryware stood at ₹6,966.2.
The latest P/E ratio of Cera Sanitaryware as of 04-Dec-2025 is 29.69.
The latest P/B ratio of Cera Sanitaryware as of 04-Dec-2025 is 5.08.
The 52-week high of Cera Sanitaryware is ₹8,010 and the 52-week low is ₹5,062.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cera Sanitaryware is ₹1,935 ( Cr.) .

About Cera Sanitaryware Ltd

Cera Sanitaryware Limited, premium bathroom solutions provider, has been in the forefront of innovation right from its inception in 1980. Some of Cera’s innovations in the past have become benchmark for the industry-like water-saving twin-flush coupled WCs, 4-litre flush WCs, one-piece WCs, etc.

An extensive product portfolio that includes high end showers, steam cubicles, and whirlpools, besides sanitaryware and faucets, has made CERA the primary choice of customers looking for stylish products in a contemporary lifestyle.

Advanced technology has been the forte of the company. Its state-of-the-art manufacturing plant has been following the highest standards of quality with an emphasis on sustainability since its inception in 1980. The CERA plant was the first to use natural gas - the purest fuel that gives extra sheen on products.

The company endeavors to provide complete bath solutions to its customers. Pursuing this objective, CERA has launched a range of elegant faucets, designed with style and expertise. A modern facility with latest machinery like automatic CNC Machines & automatic polishing, the plant is equipped with superior technology manufactures the avant-garde collection of eco-friendly single lever faucets apart from the normal Half Turn & Quarter Turn faucets.

Business area of the company

The Company is engaged in the business of manufacturing, selling and trading of building products and is having nonconventional wind & solar power for captive use in the State of Gujarat.

Awards & Accolades

  • 2011: Cera’s Snow White has been voted Product of the Year in the sanitaryware category for 2011.
  • 2012: India’s fastest growing sanitaryware company, has once again been voted Product of the Year in the Sanitaryware & Fittings category.
  • 2012: Cera bags power brand 2012 award.
  • 2012: Superior styling, sterling performance, enduring quality and trendsetting innovation of CERA faucets now makes it the No. 1 choice of discerning consumers across the country.
  • 2013: Cera bags power brand 2012 award.
  • 2013: Cera creates cerenity and thereby a new category.
  • 2014: Cera, India’s most preferred premium home solutions brand, has been adjudged as a Trusted Brand, in a consumer survey conducted by Reader’s Digest.
  • 2014: Conformity European is a standard of measure, which is set by European committee for standardization purposes. It includes human hygiene, customer’s safety and product safety besides other parameters and it is valid across 32countries across European Union.
  • 2014: Cera, India’s most preferred home solutions provider, has bagged The Economic Times A&D Top 100 Brands award. The winning brands are voted by 4000architects and interior designers based on popularity, quality and reputation besides other parameters.
  • 2015: Cera, the fastest growing home solutions leader, has been awarded the best mid-sized company, by Nav Gujarat Samay and Times of India.
  • 2015: Cera CMD Conferred Business Knights Award.
  • 2015: Cera has bagged the Business Standard Star SME of the Year award 2015.
  • 2016: Cera was awarded Trusted Brand for both Sanitaryware and Tiles by Reader’s Digest.
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