Conference Call with Cera Sanitaryware Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Household Appliances company Cera Sanitaryware announced Q2FY26 results Revenue from Operations: Rs 4,879 million against Rs 4,900 million during Q2FY25, change -0.4%. EBITDA: Rs 671 million against Rs 696 million during Q2FY25, change -3.6%. EBITDA Margin: 13.8% for Q2FY26. PAT: Rs 566 million against Rs 681 million during Q2FY25, change -16.9%. EPS: Rs 43.92 for Q2FY26. Vikram Somany, Chairman & Managing Director, said: “Amidst a backdrop of soft consumer demand, CERA delivered a resilient performance in Q2 FY26, marked by encouraging developments across key business segments. Sanitaryware and Faucetware together accounted for 47% and 40% of total revenues, respectively. Project sales accounted for 39% of the topline and maintained a healthy momentum. We remain confident that retail demand will gradually improve and normalize over time, supported by underlying market fundamentals and our strategic initiatives. During the quarter, the Company advanced its brand architecture with promising advancements in Senator and the recently launched Polipluz. For Senator, we remain firmly on track toward our FY26 flagship rollout target of 45-50 stores, with 28 stores already operational. Both brands are now backed by dedicated teams, with the onboarding process nearly complete. In Polipluz, team ramp-up and on-ground activation have progressed well, supported by focused promotional efforts. Early market feedback for both brands has been favorable, reflecting growing acceptance and confidence in their differentiated positioning. Additionally, during the quarter, we made strong progress on our Dealer Management System (DMS) initiative, which will enhance visibility, accountability, and data-led decision-making across our channel network. Our continued emphasis on cost optimization is delivering measurable results, reinforcing our ability to sustain margins amid a challenging demand environment. CERA has consistently undertaken strategic initiatives to sharpen its product portfolio, refine its market engagement strategy, and accelerate innovation across product categories. These timely actions — underpinned by the credibility and execution strength of a four-decade legacy — position the Company to capture growth with greater agility and scale as the industry demand cycle begins to turn upward. With our strong fundamentals, proven execution capabilities, and clear strategic direction, we are confident of capitalizing on emerging macro demand tailwinds and driving sustainable value creation for all stakeholders.” Result PDF