NSE: CERA | BSE: 532443

Falling Comet

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5379.85 -79.30 (-1.45%)

50.14% Fall from 52W High

3,461 NSE+BSE Volume

NSE 09 Apr, 2025 1:50 PM (IST)

6,938.7

Market Cap

Below industry Median

0.5

Beta 1Year

Very 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.

24 Mar 2020

5379.85

-1.45%

Cera Sanitaryware (BUY): Demand environment anaemic but margins steady

Buy: Cera Sanitaryware Ltd.

Target

BOB Capital Markets Ltd.

We present key takeaways from our meeting with the management of Cera Sanitaryware (CRS).

Cera Sanitaryware Ltd. has lost -32.49% in the last 6 Months

Cera Sanitaryware Ltd.

23 Dec 2019

5379.85

-1.45%

Cera Sanitaryware (BUY): Near-term demand outlook remains challenging

Buy: Cera Sanitaryware Ltd.

BOB Capital Markets Ltd.

We recently hosted investor meetings with the Cera Sanitaryware (CRS) management.

Cera Sanitaryware Ltd. has lost -32.49% in the last 6 Months

Cera Sanitaryware Ltd.

14 Nov 2019

5379.85

-1.45%

Cera Sanitaryware (BUY): Weak product mix crimps margins

Buy: Cera Sanitaryware Ltd.

Target

BOB Capital Markets Ltd.

Cera Sanitaryware (CRS) reported tepid Q2FY20 standalone revenue of Rs 3.3bn (1.1% YoY), with the sanitaryware segment contracting 9% YoY.

Cera Sanitaryware Ltd. has lost -25.15% in the last 3 Months

Cera Sanitaryware Ltd.

18 Sep 2019

5379.85

-1.45%

Cera Sanitaryware (BUY): Margins resilient despite soft demand

Buy: Cera Sanitaryware Ltd.

BOB Capital Markets Ltd.

We recently met the management of Cera Sanitaryware (CRS) and present our key key takeaways.

Cera Sanitaryware Ltd. has lost -25.15% in the last 3 Months

Cera Sanitaryware Ltd.

02 Aug 2019

5379.85

-1.45%

Cera Sanitaryware (BUY): Insipid quarter

Buy: Cera Sanitaryware Ltd.

Target

BOB Capital Markets Ltd.

Cera Sanitaryware (CRS) reported subpar Q1FY20 standalone revenue of Rs 2.7bn, down 4.8% YoY, with the sanitaryware segment declining 12.7%.

Cera Sanitaryware Ltd. has lost -32.49% in the last 6 Months

Cera Sanitaryware Ltd.

24 Jun 2019

5379.85

-1.45%

First Light: Container Corp of India, Cera Sanitaryware

Buy: Cera Sanitaryware Ltd.

BOB Capital Markets Ltd.

We recently met Container Corp of India's (CCRI) management in Delhi. Key takeaways: (1) revenue target of Rs 250bn by FY25/FY26 (Rs 7bn in FY19), (2) IR's advance freight scheme likely to be EPS-accretive, (3) completion of Rewari-Palanpur stretch of WDFC now expected by end-FY20, (4) coastal shipping operations to be launched on the east coast, and (5) warehousing area...

Cera Sanitaryware Ltd. has lost -27.48% in the last 1 Year

Cera Sanitaryware Ltd.

16 May 2019

5379.85

-1.45%

Cera Sanitaryware (BUY): Above-expected performance

Buy: Cera Sanitaryware Ltd.

Target

BOB Capital Markets Ltd.

Cera Sanitaryware (CRS) reported above-estimated revenue growth of 14.5% YoY in Q4FY19 driven by 30%/22% growth in the tiles/faucet segments. Operating margins expanded 132bps YoY to 15.4% primarily due to lower other/employee expenses 217bps/118bps YoY, resulting in EBITDA/PAT growth of 25%/24% YoY. Management has guided for 13-14% revenue growth and ~15% margins in FY20. We increase FY20-FY21 PAT estimates by 4-5%...

Cera Sanitaryware Ltd. has lost -32.49% in the last 6 Months

Cera Sanitaryware Ltd.

11 Mar 2019

5379.85

-1.45%

Cera Sanitaryware

Not Rated: Cera Sanitaryware Ltd.

ICICI Securities Limited

We met the management of Cera Sanitaryware (Cera). The company primarily has businesses in sanitaryware, faucets and tiles. It also caters to other product categories viz. wellness, water heaters, etc. With 54% contribution to the topline, sanitaryware is the largest revenue-generating business for the company, followed by faucets (23%) and tiles (20%). Cera follows an asset-light JV model across business segments, with inhouse manufacturing facilities for high-value sanitaryware & faucets products while low-value products are outsourced. The company has a network of ~14,000 dealers and retailers across India. Revenues grew at...

Cera Sanitaryware Ltd. has lost -25.15% in the last 3 Months

Cera Sanitaryware Ltd.

27 Feb 2019

5379.85

-1.45%

Cera Sanitaryware

Buy: Cera Sanitaryware Ltd.

BOB Capital Markets Ltd.

Key takeaways from our meeting with the management of Cera Sanitaryware (CRS): (1) blended revenue growth of 12-13% going ahead with sanitaryware growing at 10-12%, tiles at ~10%, and faucets at 15-17% led by wider distribution; (2) blended operating margins sustainable at ~15% backed by sanitaryware at ~20%, with tile/faucet margins guided at ~10%/12-14%. We prune PAT estimates on below-expected tile growth guidance and revise our Dec'19 target price to Rs 3,120 (from Rs 3,255)....