Cera Sanitaryware Ltd
Cera Sanitaryware Ltd is engaged in the business of manufacturing, selling and trading of various kinds of building products. It also has non-conventional wind & solar power for captive use in the state of Gujarat.[1]
- Market Cap ₹ 8,918 Cr.
- Current Price ₹ 6,852
- High / Low ₹ 9,782 / 6,435
- Stock P/E 38.4
- Book Value ₹ 935
- Dividend Yield 0.73 %
- ROCE 25.8 %
- ROE 19.6 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 26.0%
Cons
- Stock is trading at 7.32 times its book value
- The company has delivered a poor sales growth of 8.73% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Ceramic Products Industry: Ceramics - Tiles / Sanitaryware
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
319 | 488 | 664 | 822 | 917 | 1,011 | 1,182 | 1,344 | 1,209 | 1,202 | 1,442 | 1,796 | 1,855 | |
266 | 412 | 569 | 703 | 776 | 841 | 1,014 | 1,152 | 1,045 | 1,052 | 1,220 | 1,510 | 1,568 | |
Operating Profit | 53 | 76 | 95 | 119 | 141 | 171 | 168 | 191 | 164 | 150 | 221 | 286 | 287 |
OPM % | 17% | 16% | 14% | 14% | 15% | 17% | 14% | 14% | 14% | 12% | 15% | 16% | 15% |
7 | 9 | 6 | 5 | 10 | 11 | 14 | 15 | 14 | 22 | 17 | 32 | 51 | |
Interest | 4 | 7 | 6 | 8 | 5 | 5 | 5 | 3 | 4 | 4 | 5 | 5 | 6 |
Depreciation | 8 | 9 | 12 | 15 | 16 | 18 | 22 | 23 | 33 | 33 | 30 | 30 | 33 |
Profit before tax | 48 | 68 | 82 | 101 | 129 | 158 | 154 | 180 | 141 | 134 | 203 | 282 | 300 |
Tax % | 34% | 32% | 37% | 33% | 36% | 34% | 35% | 36% | 18% | 25% | 27% | 26% | |
32 | 46 | 52 | 68 | 83 | 104 | 100 | 115 | 116 | 101 | 149 | 210 | 227 | |
EPS in Rs | 25.31 | 36.52 | 41.02 | 52.02 | 64.17 | 79.94 | 77.08 | 88.46 | 89.14 | 77.89 | 114.84 | 161.20 | 174.59 |
Dividend Payout % | 12% | 11% | 12% | 12% | 14% | 15% | 16% | 15% | 15% | 17% | 30% | 31% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 9% |
3 Years: | 14% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 22% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 21% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 16% |
3 Years: | 16% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 133 | 173 | 218 | 345 | 415 | 518 | 598 | 694 | 766 | 868 | 999 | 1,163 | 1,210 |
48 | 61 | 48 | 68 | 35 | 34 | 24 | 18 | 33 | 28 | 37 | 46 | 43 | |
108 | 139 | 181 | 224 | 290 | 302 | 320 | 371 | 320 | 381 | 385 | 441 | 442 | |
Total Liabilities | 295 | 380 | 453 | 644 | 747 | 861 | 949 | 1,089 | 1,126 | 1,283 | 1,427 | 1,656 | 1,702 |
90 | 125 | 152 | 215 | 226 | 266 | 279 | 305 | 350 | 330 | 321 | 320 | 334 | |
CWIP | 11 | 4 | 5 | 8 | 4 | 0 | 5 | 11 | 1 | 1 | 1 | 17 | 8 |
Investments | 1 | 1 | 12 | 48 | 67 | 119 | 139 | 212 | 262 | 513 | 567 | 669 | 738 |
192 | 249 | 284 | 374 | 449 | 475 | 525 | 561 | 512 | 440 | 539 | 649 | 621 | |
Total Assets | 295 | 380 | 453 | 644 | 747 | 861 | 949 | 1,089 | 1,126 | 1,283 | 1,427 | 1,656 | 1,702 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 42 | 63 | 41 | 116 | 112 | 72 | 114 | 123 | 262 | 98 | 156 | |
-15 | -36 | -48 | -117 | -38 | -92 | -36 | -102 | -76 | -243 | -70 | -101 | |
6 | 2 | -25 | 76 | -48 | -20 | -34 | -27 | -53 | -13 | -21 | -59 | |
Net Cash Flow | -5 | 9 | -10 | -1 | 30 | -0 | 1 | -15 | -6 | 7 | 7 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 52 | 62 | 59 | 72 | 75 | 80 | 83 | 81 | 67 | 63 | 42 | 38 |
Inventory Days | 281 | 160 | 125 | 120 | 109 | 98 | 104 | 101 | 128 | 96 | 154 | 167 |
Days Payable | 58 | 47 | 45 | 46 | 48 | 58 | 50 | 53 | 52 | 81 | 104 | 93 |
Cash Conversion Cycle | 275 | 176 | 139 | 145 | 137 | 120 | 136 | 129 | 142 | 78 | 92 | 112 |
Working Capital Days | 77 | 64 | 52 | 63 | 55 | 53 | 64 | 63 | 73 | 30 | 43 | 49 |
ROCE % | 31% | 35% | 35% | 32% | 30% | 31% | 26% | 27% | 19% | 16% | 22% | 26% |
Documents
Announcements
- Board Meeting Intimation for Consideration Of Audited Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024 And To Recommend Dividend, If Any On Equity Shares For The FY 2023-24 4h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2d
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 25 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015, For The Period Ended 31St March 2024. 19 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Nov 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Sep 2019TranscriptNotesPPT
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Jul 2019Transcript PPT
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May 2019TranscriptNotesPPT
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Jan 2019TranscriptPPT
Product Offerings
The company's products include various kinds of sanitaryware, faucetware, bath accessories, kitchen sinks, mirrors, ceramic tiles, modular kitchens, etc.[1] Its portfolio includes various aspects of price and design matrix for mass, mid, premium and luxury categories.[2]