Skip to content

    Cera Sanitaryware Limited

    Maker of CERA, CERA Luxe, Senator and Polipluz sanitaryware, faucets and bath products, sold pan-India.

    Consumer Durables
    Consumer Discretionary
    View CERA earnings calls
    ₹6,448
    +15.66% from avg

    Overview

    Price

    ₹6,448

    Market Cap

    ₹8.0k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital66666666
    Reserves7668689991.2k1.3k1.3k1.4k1.5k
    Borrowings3328374640636047
    Other Liabilities320381385441443427383439
    Total Liabilities1.1k1.3k1.4k1.7k1.8k1.8k1.8k2.0k
    AssetsFixed Assets350330321320356380375372
    CWIP11117131197
    Investments262513567669807702712815
    Other Assets512440539649649749718764
    Total Assets1.1k1.3k1.4k1.7k1.8k1.8k1.8k2.0k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating11412326298156228116212
    Cash from Investing-102-76-243-70-101-140128-88
    Cash from Financing-27-53-13-21-59-80-258-115
    SummaryCapital Expenditure
    Free Cash Flow73822538512316789192
    FCF Margin

    Valuation

    Assumptions

    Current — CERA
    Price
    ₹6,448
    EPS (TTM)
    ₹158.32
    PE (TTM)
    40.7
    Profit growth
    -0.8%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (39.7×) and current (40.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹6,448
    vs
    Fair value · 15% return
    ₹2,487
    61%Overvalued

    At -0.8% growth and a 40× exit, ₹6448 only delivers your return if you pay ₹2,487. The price is currently baking in 18% growth.

    EPS grows -0.8%/yr for 5 years, then fades to 6% over 2, exits at 40×.

    YearGrowthEPS (₹)
    FY27-0.8%157.05
    FY28-0.8%155.80
    FY29-0.8%154.55
    FY30-0.8%153.31
    FY31-0.8%152.09
    FY322.6% ·fade156.04
    FY336.0% ·fade165.40

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Cera Sanitaryware Limited

    Guides on how to read this kind of business and the numbers that matter.