CERANSECera Sanitaryware Limited· Ceramics And SanitarywareLowNeutral
Announced Thu, 14 May · 18:06 IST

Cera Sanitaryware Limited has informed the Exchange about Transcript of the Earnings Conference Call held on 9th May, 2026

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

CERA · price

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹5725.00
prior close
₹5745.00
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AI summary

Cera Sanitaryware reported Q4 FY26 revenue of INR 644 crore, up 11.4% YoY, driven by volume growth of 12% and improved product mix. EBITDA margin declined to 15.2% from 18.3% YoY due to elevated brass input costs (up 29% YoY), higher trade discounts, and pre-operating expenses for new brands Senator and Polipluz. Management guided for FY27 revenue growth of 18-20%, with sanitaryware growing 12% and faucetware growing 18%. They expect EBITDA margins to sustain at 14-15% as price hikes and discount control measures take effect. The company has INR 853 crore in cash and plans INR 43-45 crore capex for FY27, including a greenfield sanitaryware plant. Senator and Polipluz generated INR 19 crore combined revenue in FY26 and are targeted to reach INR 70-80 crore in FY27.

Likely market impact

The company is navigating input cost pressures through calibrated price hikes while investing in new brands. With strong cash reserves and improving retail demand, the focus on margin recovery through price increases and discount management should support profitability, though near-term margin pressure persists.