NSE: CERA | BSE: 532443

Mid-range Performer

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6333.00 46.00 (0.73%)

32.64% Fall from 52W High

22,212 NSE+BSE Volume

NSE 02 Sep, 2025 3:31 PM (IST)

8,168

Market Cap

Above industry Median

0.9

Beta 1Year

Low volatility

Cera Sanitaryware Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for CERA, BSE:532443 Cera Sanitaryware Ltd.

Cera Sanitaryware Ltd.

07 Aug 2023

6333.00

0.73%

Growth pace softens due to subdued performance, outlook remains resilient

Hold: Cera Sanitaryware Ltd.

Target

Bonanza

Cera Sanitaryware reported a muted performance, slightly missing our estimates. It registered a Revenue growth of 8% to ? 428.9 Cr led by healthy replacement demand, with Sanitaryware / Faucetware / Tiles divisions growing at 6% / 11% / 8% respectively. The EBITDA / PAT witnessed a robust growth by 38% / 42% respectively, with EBITDA / PAT margins expanding by 431bps / 318bps at 20% / 13.2% respectively owing to the easing prices of Raw materials.

Cera Sanitaryware Ltd. has an average target of 8177.83 from 6 brokers.

Cera Sanitaryware Ltd.

05 Aug 2023

6333.00

0.73%

Muted quarter; outlook remains healthy

Hold: Cera Sanitaryware Ltd.

Target

ICICI Securities Limited

In Q1FY24, Cera Sanitaryware (CRS) reported consolidated revenue growth of 8% YoY with sanitaryware/faucetware segments growing ~7%/8% YoY, while tiles revenue grew 11% YoY. Operating margin expanded 59bps YoY (flat QoQ) due to lower raw material cost (-133bps/-140bps YoY/QoQ), partly negated by higher employee expenses (+92bps YoY), resulting in EBIDTA/APAT growth of 12%/43% YoY, respectively.

Cera Sanitaryware Ltd. has an average target of 8177.83 from 6 brokers.

Cera Sanitaryware Ltd.

04 Aug 2023

6333.00

0.73%

Cera Sanitaryware: Q1FY24 Result Review

Hold: Cera Sanitaryware Ltd.

Recommendation Target

IDBI Capital

Cera Sanitaryware Ltd. has an average target of 8177.83 from 6 brokers.

Cera Sanitaryware Ltd.

25 May 2023

6333.00

0.73%

On a high growth path

Hold: Cera Sanitaryware Ltd.

ICICI Securities Limited

CRS plans to continue operating in primarily three segments i.e sanitaryware, faucetware and tiles and has no plans to diversify into newer areas as of now. The focus of the company will mainly remain on sanitaryware and faucetware segments.

Cera Sanitaryware Ltd. has lost -31.29% in the last 1 Year

Cera Sanitaryware Ltd.

15 May 2023

6333.00

0.73%

“Stellar performance, premium valuations”

Hold: Cera Sanitaryware Ltd.

Recommendation Target

Bonanza

Cera delivered an impressive set of numbers for quarter ended Mar’23 with Revenue growth of 20.9% YoY led by robust growth in the Sanitaryware and Faucetware by 18% and 29% respectively. The EBITDA recorded a healthy growth by 29% at ? 114 Cr during Q4FY23 over ? 88.28 Cr in Q3FY23.

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

12 May 2023

6333.00

0.73%

Good operational performance; outlook remains healthy

Accumulate: Cera Sanitaryware Ltd.

Target

ICICI Securities Limited

Cera Sanitaryware (CRS) has reported better than expected consolidated revenue growth of 20.9% YoY (4-year CAGR of 6.3%) to ~Rs5.3bn (+16.3% QoQ) on a low base with sanitaryware/faucetware revenue growing 18%/29% YoY, while tiles revenue grew 14% YoY in Q4FY23.

Cera Sanitaryware Ltd. has an average target of 8177.83 from 6 brokers.

Cera Sanitaryware Ltd.

11 May 2023

6333.00

0.73%

CERA SANITARYWARE LT

Buy: Cera Sanitaryware Ltd.

Prabhudas Lilladhar

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

29 Mar 2023

6333.00

0.73%

Demand and margin outlook remains healthy

Accumulate: Cera Sanitaryware Ltd.

ICICI Securities Limited

We recently interacted with the management of Cera Sanitaryware (CRS). Following are the key takeaways: 1) Demand scenario remains healthy for core categories of sanitaryware and faucetware with both being driven by residential housing and home improvement markets primarily from tier 2 and below cities.

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

24 Feb 2023

6333.00

0.73%

Demand trends remain healthy

Accumulate: Cera Sanitaryware Ltd.

Recommendation

ICICI Securities Limited

Our interaction with dealers and industry participants indicates that demand trends for Cera Sanitaryware’s (CRS) core products (faucetware, sanitaryware) remain healthy in Q4FY23-TD. Demand continues to be driven by traction in the residential housing and home improvement markets.

Cera Sanitaryware Ltd. is trading below all available SMAs

Cera Sanitaryware Ltd.

06 Feb 2023

6333.00

0.73%

Good performance; outlook remains healthy

Buy: Cera Sanitaryware Ltd.

Target

ICICI Securities Limited

Cera Sanitaryware (CRS) reported in-line standalone revenue growth of 17.8% YoY in Q3FY23 with sanitaryware / faucetware revenues growing 19% / 12% YoY, while tile revenues grew 34% YoY on a low base.

Cera Sanitaryware Ltd. has lost -31.29% in the last 1 Year

Is Cera Sanitaryware Ltd. worth buying?

109 Votes:

Buy 72.48%

Sell 19.27%

Hold 8.26%

RESEARCH REPORTS

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Buy SEE REPORTS >

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