Cera Sanitaryware Limited
Cera Sanitaryware Limited is a prominent name in the Indian sanitaryware industry, renowned for its high-quality products and innovative designs. Established in 1980, the company has consistently set new benchmarks in the bathroom solutions segment, offering a comprehensive range of sanitaryware, faucets, wellness products, and kitchen sinks. Headquartered in Ahmedabad, Gujarat, Cera has carved a niche for itself with its commitment to excellence, sustainability, and customer satisfaction.
Cera Sanitaryware Share Price
As of February 22, 2025, Cera Sanitaryware ltd, is trading at 5817. On Friday, 21 Share price of Cera Sanitaryware closed at 5817 on NSE. It touched 52 week low 5815 on Friday. In August 2024, share of Cera Sanitaryware touched the all time high of 10,789. Current share price of the company is 5815, almost half from its all time high.
Cera Sanitaryware Share Performance in Past Five year
Over the past five years, Cera Sanitaryware’s share price has experienced notable fluctuations. Here’s a year-by-year breakdown:
- 2020: Cera Sanitaryware share opened at ₹2,673.73 on January 1 and closed at ₹3,326.44 on December 31, marking a 24.41% increase for the year.
- 2021: Starting at ₹3,290.15 on January 1, Cera Sanitaryware share price rose to ₹4,805.74 by December 31, reflecting a 46.06% gain.
- 2022: The year began with a share price of ₹4,806.78 on January 1 and ended at ₹5,207.35 on December 31, resulting in an 8.33% increase.
- 2023: On 2 January 2023 Cera Sanitaryware share price opened nearly ₹5200 and at the end of year 2023 share closed nearly at ₹7850. Stock gave almost 50 percent return in a year.
- 2024: The share price opened at ₹7,819.59 on January 1 and closed at ₹7,587 on December 31, indicating a slight decline of 2.98% for the year.
Cera Sanitaryware Financial Performance
In the quarter ending December 2024, Cera Sanitaryware reported a consolidated net profit of ₹45.81 crore, marking a 32.61% decrease from ₹68 crore in the previous period of the same financial year. The company’s sales during this quarter decrease by 8% to ₹452 crore, down from ₹493 crore in September 2024. For the full fiscal year ending March 2024, net profit saw a 14.14% rise to ₹239.00 crore, with sales increasing by 3.81% to ₹1,879.41 crore.
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Cera Sanitaryware Financial Highlights:
- Market Capitalization: ₹7514 crore as of February 22, 2025.
- Revenue (TTM): ₹1,852.14 crore.
- Earnings (TTM): ₹229.78 crore
- Promoters’ Ownership: 54.41%.
- 52-Week Range: ₹5815 to ₹10,789.95.
Key Financial Ratios of Cera Sanitaryware share:
- Price-to-Earnings (P/E) Ratio: 32 times, as of February 2025.
- Price-to-Book (P/B) Ratio: 5.93 times,
- Return on Equity (ROE): 19%
- Dividend Yield: 1.03%
Recent Developments in Cera Sanitaryware
On February 11, 2025, Cera Sanitaryware announced its standalone and consolidated unaudited financial results for the quarter and nine months ended December 31, 2024. The company has maintained a healthy dividend payout ratio of 31.3% and remains virtually debt-free, underscoring its robust financial health.
Peer Comparison:
In the ceramics and sanitaryware sector, Cera Sanitaryware’s key competitors include Somany Ceramics, Asian Granito, Nitco, and Orient Bell. Despite a higher P/B ratio, Cera’s P/E ratio is more favorable compared to its peers, indicating potential undervaluation relative to earnings.
As of December 2024, Cera Sanitaryware Limited’s shareholding pattern is as follows:
| Shareholder Category | Percentage Holding |
|---|---|
| Promoters | 54.41% |
| Foreign Institutional Investors (FII) | 22.17% |
| Mutual Funds | 5.65% |
| General Public | 12.30% |
| Others | 5.47% |
The promoter group holds a majority stake of 54.41% in the company. Notable entities and individuals within this group include:
- Vikram Investment Co. Ltd.: 22.27%
- Smiti Somany: 10.30%
- Vikram Somany: 7.26%
- Rekha Commercial Ltd.: 4.09%
- Trisure Promotions & Trading Ltd.: 3.72%
These figures indicate a stable promoter holding, reflecting confidence in the company’s prospects.
Cera Sanitaryware has demonstrated consistent financial growth over the past five years. Below is a summary of their key financial metrics:
| Financial Year | Total Revenue (₹ Cr) | Net Profit (₹ Cr) | Earnings Per Share (₹) |
|---|---|---|---|
| FY 2020 | 1,241.91 | 113.24 | 87.07 |
| FY 2021 | 1,249.49 | 100.78 | 77.49 |
| FY 2022 | 1,469.48 | 151.10 | 116.18 |
| FY 2023 | 1,838.87 | 209.38 | 160.99 |
| FY 2024 | 1,938.91 | 238.99 | 183.76 |
Cera Sanitaryware Company Overview
Cera Sanitaryware Limited was founded with the vision of providing high-quality and stylish bathroom solutions to Indian households. Over the years, the company has grown exponentially, becoming a household name in the sanitaryware industry. Its manufacturing facility, located in Kadi, Gujarat, is equipped with state-of-the-art technology and has a production capacity of millions of pieces annually.
Innovation and Sustainability
Cera Sanitaryware Limited is known for its focus on innovation and sustainable practices. The company integrates cutting-edge technology in its manufacturing processes to create products that are not only aesthetically appealing but also environmentally friendly. Cera has adopted green initiatives such as water-saving faucets, dual-flush technology in water closets, and the use of eco-friendly materials in its production.
Market Presence and Growth
With a strong distribution network of over 4000 dealers and 15,000 retailers across India, Cera has a significant market presence. The company has also expanded its footprint internationally, exporting products to several countries. In addition to its extensive network, Cera has established exclusive showrooms, called Cera Style Studios, to offer a premium shopping experience to its customers.
Cera Sanitaryware Product Portfolio
Cera offers an extensive range of products that cater to both residential and commercial needs. The company’s product line includes:
- Sanitaryware – Wash basins, water closets, urinals, bidets, and accessories.
- Faucets – Stylish and durable taps, mixers, showers, and allied products.
- Wellness Products – Steam showers, whirlpools, and bath tubs.
- Kitchen Sinks – Stainless steel, quartz, and granite kitchen sinks.
- Tiles – A variety of floor and wall tiles for different applications.
Conclusion
Cera Sanitaryware Limited stands out as a leader in the sanitaryware industry, thanks to its commitment to quality, innovation, and sustainability. With a strong market presence, an extensive product portfolio, and a customer-centric approach, the company is poised for continued growth and success in the coming years. Whether for residential or commercial spaces, Cera remains a preferred choice for stylish and durable bathroom solutions.
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