Cera Sanitaryware Ltd
CERACera Sanitaryware Ltd
CERA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 46.42 | 7.85 | 0.73% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 52.22 | 7.26 | 0.45% |
Forecast & Ratings
Detailed Forecast from 15 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Cera Sanitaryware Limited is engaged in the business of manufacturing, marketing and distribution of sanitaryware, faucetware and trading in tiles and other bathroom products.
Peers
Compare with peersKajaria Ceramics Ltd
Somany Ceramics Ltd
Global Surfaces Ltd
Nitco Ltd
Orient Bell Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 927.21 | 1,023.10 | 1,199.82 | 1,370.11 | 1,241.91 | 1,249.49 | 1,469.48 | 1,838.87 | 1,938.91 | 1,911.62 | ||||||||||
Raw Materials | 447.45 | 436.36 | 554.10 | 629.18 | 578.21 | 580.76 | 787.12 | 893.50 | 875.26 | 1,562.11 | ||||||||||
| Power & Fuel Cost | 31.26 | 34.88 | 54.25 | 57.10 | 58.43 | 37.58 | 44.79 | 60.63 | 35.56 | |||||||||||
| Employee Cost | 111.01 | 124.80 | 149.31 | 165.46 | 170.74 | 153.68 | 193.62 | 214.66 | 230.94 | |||||||||||
| Selling & Administrative Expenses | 125.54 | 148.72 | 200.38 | 236.34 | 187.87 | 168.66 | 198.71 | 279.32 | 310.37 | |||||||||||
| Operating & Other expenses | 60.71 | 88.19 | 49.96 | 65.22 | 62.97 | 125.59 | -1.41 | 67.23 | 125.56 | |||||||||||
EBITDA | 151.24 | 190.15 | 191.82 | 216.81 | 183.69 | 183.22 | 246.65 | 323.53 | 361.22 | 349.51 | ||||||||||
| Depreciation/Amortization | 16.32 | 22.15 | 27.14 | 27.98 | 38.77 | 39.57 | 32.41 | 32.61 | 36.55 | 37.20 | ||||||||||
| PBIT | 134.92 | 168.00 | 164.68 | 188.83 | 144.92 | 143.65 | 214.24 | 290.92 | 324.67 | 312.31 | ||||||||||
| Interest & Other Items | 5.46 | 9.85 | 9.76 | 8.54 | 10.05 | 9.73 | 5.28 | 6.05 | 5.82 | 5.75 | ||||||||||
| PBT | 129.46 | 158.15 | 154.92 | 180.29 | 134.87 | 133.92 | 208.96 | 284.87 | 318.85 | 306.56 | ||||||||||
| Taxes & Other Items | 46.00 | 56.41 | 51.75 | 65.16 | 21.63 | 33.14 | 57.86 | 75.49 | 79.86 | 76.79 | ||||||||||
| Net Income | 83.46 | 101.74 | 103.17 | 115.13 | 113.24 | 100.78 | 151.10 | 209.38 | 238.99 | 229.77 | ||||||||||
| EPS | 64.17 | 78.23 | 79.33 | 88.52 | 87.07 | 77.49 | 116.18 | 160.99 | 183.76 | 176.67 | ||||||||||
| DPS | 9.00 | 12.00 | 12.00 | 13.00 | 13.00 | 13.00 | 35.00 | 50.00 | 60.00 | 60.00 | ||||||||||
| Payout ratio | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.17 | 0.30 | 0.31 | 0.33 | 0.34 |
Company Updates
Annual report
PDFPeers & Comparison
IndustrialsBuilding Products - Ceramics
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Cera Sanitaryware Ltd | 44.63 | 7.85 | 0.73% |
| Kajaria Ceramics Ltd | 56.72 | 8.95 | 0.80% |
| Somany Ceramics Ltd | 30.80 | 3.55 | 0.41% |
| Global Surfaces Ltd | 49.09 | 2.76 | — |
Price Comparison
Compare CERA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Cera Sanitaryware Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HSBC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7487% | Percentage of the fund’s portfolio invested in the stock 1.09% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 28/107 (+2) |
Canara Robeco Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.5331% | Percentage of the fund’s portfolio invested in the stock 1.35% | Change in the portfolio weight of the stock over the last 3 months -0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/101 (-5) |
UTI Small Cap Fund - Direct Growth Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3985% | Percentage of the fund’s portfolio invested in the stock 0.94% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/95 (-2) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Dividend Cuts
CERA has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.73%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.32 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 25, 2024
Dividend/Share
₹60.00
Ex DateEx Date
Jun 25, 2024
Cash Dividend
Ex DateEx DateJun 20, 2023
Dividend/Share
₹50.00
Ex DateEx Date
Jun 20, 2023
Cash Dividend
Ex DateEx DateJun 13, 2022
Dividend/Share
₹20.00
Ex DateEx Date
Jun 13, 2022
Cash Dividend
Ex DateEx DateJun 13, 2022
Dividend/Share
₹15.00
Ex DateEx Date
Jun 13, 2022
Cash Dividend
Ex DateEx DateJul 16, 2021
Dividend/Share
₹13.00
Ex DateEx Date
Jul 16, 2021
Net profit of Cera Sanitaryware declined 16.38% to Rs 47.06 crore in the quarter ended June 2024 as against Rs 56.28 crore during the previous quarter ended June 2023. Sales declined 6.51% to Rs 400.71 crore in the quarter ended June 2024 as against Rs 428.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales400.71428.63 -7 OPM %14.4916.42 - PBDT72.7184.34 -14 PBT63.7476.02 -16 NP47.0656.28 -16 Powered by Capital Market - Live
Cera Sanitaryware will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Cera Sanitaryware approves Rs 130 crore buyback at 27% premium. Check record date
Cera Sanitaryware shares rise 5% in a sinking market, here’s why
Board of Cera Sanitaryware approves share buyback upto Rs 130 cr
Cera Sanitaryware has fixed 16 August 2024 as record date for buyback of equity shares. Powered by Capital Market - Live
The Board of Cera Sanitaryware at its meeting held on 05 August 2024 has approved buyback of up to 108333 fully paid-up equity shares of face value of Rs 5 each by the company at a price of Rs 12,000 per share payable for cash for a total consideration of Rs 130 crore. Powered by Capital Market - Live
Cera Sanitaryware Board Approves Rs 130-Crore Buyback
Cera Sanitaryware board OKs buyback proposal upto Rs 130 cr
The price for buyback is fixed at Rs 12,000 per share, representing a 12.04% premium to Friday's closing price of Rs 8,925.45 on the BSE. The company will buyback upto 1,08,333 fully paid-up equity shares of face value Rs 5 each, representing 9.68% and 9.66% of the total paid-up equity share capital and free reserves (including securities premium account) as per the latest audited standalone financial statements and audited consolidated financial statements of the company for the financial year ended 31 March 2024. The board has fixed Friday, 16th August, 2024 as the Record Date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback. Cera Sanitaryware is mainly engaged in manufacturing of ceramic sanitary ware and faucet ware along with trading of of sanitary ware, faucet ware, ceramic tiles, kitchen sinks and bath wellness products. The company's standalone net profit increased 19.21% to Rs 75.03 crore in Q4 FY24 as against Rs 62.94 crore posted in Q4 FY23. Revenue from operations increased 2.47% year on year (YoY) to Rs 546.63 crore in the quarter ended 31 March 2024. The scrip rose 0.77% to Rs 8,994.40 on the BSE.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 7.19%, vs industry avg of 6.87%
Decreasing Market Share
Over the last 5 years, market share decreased from 18.37% to 17.41%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 15.73%, vs industry avg of 11.3%