- Valuation
- ₹10,160 Cr

About Cera Sanitaryware Limited
Data last updated:
Cera Sanitaryware Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 17 July 1998 and has been in existence for over 28 years.
Cera Sanitaryware is part of the BSE 500 index. Its director Vikram Somany and family are #957 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L26910GJ1998PLC034400. Its GSTIN is 24AABCM9244N1Z4 (Gujarat). The company holds 30 GST registrations, of which 24 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532443 and NSE: CERA.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.45 Cr. It was formerly known as Madhusudan Oils and Fats Limited. It is led by directors including Vikram Somany (Managing Director) and Deepshikha Khaitan (Managing Director).
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9 GIDC Industrial Estate Kadi, Mehsana, Gujarat, India – 382715.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹2,050.12 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹209.26 Cr (net margin 10.2%) and EBITDA of ₹261.38 Cr (EBITDA margin 12.7%). The net worth stands at ₹1,472.34 Cr (up 9% YoY). Total assets are valued at ₹1,558.85 Cr (up 7.2% YoY).
The company has about 2,510 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CERA India. As per MCA filings, the company has open charges of ₹80 Cr and satisfied charges of ₹98.13 Cr on record. Court records list 424 cases involving the company, including 381 filed by the company and 43 filed against it; 175 cases are pending. The company has 55 deals on record (41 market trades, 10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.66 Cr; the latest was in June 2026. Its 4 peer companies in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Kohler India Corporation Private Limited with revenue of ₹2,417.4 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2020, listing 217 overdue payments to 23 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cera-india.com.
Company details
Recognitions & Rankings of Cera Sanitaryware
- #957 Vikram Somany & family ₹3,000 Cr
Contact details
Cera Sanitaryware Limited's registered office is in Mehsana, Gujarat. Its website is cera-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address9 GIDC Industrial Estate Kadi, Mehsana, Gujarat, India – 382715
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Cera Sanitaryware Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cera Sanitaryware operates one associated brand: CERA India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of sanitary-ware products | cera-india.com |
Business activity
The main business activities of Cera Sanitaryware are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cera Sanitaryware Limited, buy the company report.
Financials of Cera Sanitaryware Limited
FY 2025-26 filings availableCera Sanitaryware Limited reported revenue of ₹2,050.12 Cr (up 7% YoY) for FY 2025-26.
Financial Highlights
FY 2024-25 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,926 | 1,879 | 1,804 | 1,446 | 1,224 | 1,224 | 1,352 |
| Revenue growth | +2.5% | +4.2% | +24.7% | +18.1% | +0.1% | -9.5% | - |
| EBITDA | 298 | 302 | 288 | 223 | 158 | 165 | 198 |
| EBITDA margin | +15.5% | +16.1% | +16.0% | +15.4% | +12.9% | +13.5% | +14.7% |
| Profit before tax | 311 | 319 | 285 | 209 | 134 | 135 | 180 |
| Net profit | 246 | 239 | 212 | 155 | 100 | 113 | 115 |
| Net profit margin | +12.8% | +12.7% | +11.8% | +10.7% | +8.2% | +9.3% | +8.5% |
| EPS (₹) | 191.11 | 183.77 | 161.01 | 116.18 | 77.48 | 87.08 | 88.52 |
| Balance sheet | |||||||
| Total assets | 1,476 | 1,442 | 1,274 | 1,111 | 1,021 | 927 | 831 |
| Net worth | 1,354 | 1,346 | 1,173 | 1,015 | 892 | 792 | 722 |
| Total debt | 67.36 | 44.47 | 53.09 | 45.21 | 79.26 | 90.85 | 69.83 |
| Cash & bank | 31.65 | 37.20 | 26.19 | 24.26 | 10.41 | 2.14 | 11.02 |
| Net working capital | 400 | 291 | 275 | 239 | 140 | 269 | 267 |
| Cash flow | |||||||
| Cash from operations | 122 | 236 | 162 | 89.00 | 268 | 129 | 124 |
| Cash from investing | 127 | (143) | (105) | (71.90) | (242) | (79.72) | (110) |
| Cash from financing | (260) | (83.50) | (59.60) | (10.56) | (18.83) | (55.16) | (29.01) |
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 422 | 581 | 452 | 493 | 401 | 549 | 439 | 463 |
| Revenue growth (YoY) | +5.4% | +5.8% | +3.1% | +6.4% | -6.5% | - | - | - |
| Other income | 18.14 | 15.14 | 11.71 | 17.76 | 15.91 | 15.73 | 15.97 | 12.53 |
| EBITDA | 55.10 | 107 | 61.55 | 72.10 | 58.06 | 94.96 | 61.44 | 74.92 |
| EBITDA margin | +13.1% | +18.4% | +13.6% | +14.6% | +14.5% | +17.3% | +14.0% | +16.2% |
| Depreciation | 9.51 | 10.64 | 10.35 | 10.70 | 8.97 | 9.66 | 9.66 | 8.91 |
| Interest | 1.53 | 1.69 | 1.92 | 2.63 | 1.26 | 1.55 | 1.57 | 1.37 |
| Profit before tax | 62.20 | 109 | 60.99 | 76.53 | 63.74 | 99.48 | 66.18 | 77.17 |
| Tax | 15.15 | 23.18 | 14.62 | 7.91 | 16.28 | 23.77 | 14.66 | 19.78 |
| Net profit | 47.05 | 86.27 | 46.37 | 68.62 | 47.46 | 75.71 | 51.52 | 57.39 |
| EPS (₹) | 36.10 | 66.39 | 35.52 | 52.37 | 36.18 | 57.62 | 39.12 | 43.75 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,050 | 1,915 | 1,871 | 1,803 | 1,442 | 1,202 | 1,209 |
| Revenue growth | +7.0% | +2.4% | +3.8% | +25.1% | +20.0% | -0.6% | - |
| EBITDA | 261 | 289 | 293 | 287 | 216 | 150 | 162 |
| EBITDA margin | +12.8% | +15.1% | +15.6% | +15.9% | +15.0% | +12.5% | +13.4% |
| Profit before tax | 269 | 306 | 314 | 282 | 203 | 134 | 141 |
| Net profit | 209 | 246 | 239 | 213 | 153 | 101 | 116 |
| Net profit margin | +10.2% | +12.9% | +12.8% | +11.8% | +10.6% | +8.4% | +9.6% |
| EPS (₹) | 158.31 | 191.11 | 183.89 | 161.20 | 114.84 | 77.89 | 89.15 |
| Balance sheet | |||||||
| Total assets | 1,559 | 1,454 | 1,421 | 1,252 | 1,079 | 940 | 843 |
| Net worth | 1,472 | 1,350 | 1,343 | 1,169 | 1,006 | 874 | 773 |
| Total debt | 46.70 | 63.45 | 40.09 | 45.60 | 37.00 | 27.82 | 33.30 |
| Cash & bank | 48.06 | 26.20 | 34.12 | 25.32 | 24.14 | 9.84 | 1.60 |
| Net working capital | 402 | 390 | 282 | 265 | 195 | 110 | 242 |
| Cash flow | |||||||
| Cash from operations | 212 | 116 | 228 | 156 | 97.85 | 262 | 123 |
| Cash from investing | (88.48) | 128 | (140) | (101) | (70.15) | (243) | (75.65) |
| Cash from financing | (115) | (258) | (79.70) | (58.65) | (21.01) | (12.54) | (53.32) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 486 | 624 | 499 | 488 | 407 | 578 | 449 | 490 |
| Revenue growth (YoY) | +19.5% | +8.0% | +11.1% | -0.4% | +2.2% | - | - | - |
| Other income | 21.29 | 16.94 | 11.41 | 16.56 | 18.60 | 15.77 | 12.09 | 18.37 |
| Total expenses | 437 | 526 | 466 | 421 | 354 | 474 | 390 | 420 |
| EBITDA | 49.22 | 97.93 | 32.59 | 67.13 | 53.07 | 104 | 59.41 | 69.59 |
| EBITDA margin | +10.1% | +15.7% | +6.5% | +13.8% | +13.0% | +18.0% | +13.2% | +14.2% |
| Depreciation | 9.42 | 9.94 | 9.79 | 9.83 | 9.09 | 10.18 | 9.77 | 10.14 |
| Interest | 1.27 | 1.41 | 1.97 | 1.64 | 1.44 | 1.60 | 1.83 | 2.53 |
| Profit before tax | 59.82 | 104 | 32.24 | 72.22 | 61.14 | 108 | 59.90 | 75.29 |
| Tax | 14.50 | 26.17 | 8.57 | 15.59 | 14.61 | 22.48 | 14.04 | 7.22 |
Financial Statements
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 422 | 581 | 452 | 493 | 401 | 549 | 439 | 463 |
| Revenue growth (YoY) | +5.4% | +5.8% | +3.1% | +6.4% | -6.5% | - | - | - |
| Other income | 18.14 | 15.14 | 11.71 | 17.76 | 15.91 | 15.73 | 15.97 | 12.53 |
| EBITDA | 55.10 | 107 | 61.55 | 72.10 | 58.06 | 94.96 | 61.44 | 74.92 |
| EBITDA margin | +13.1% | +18.4% | +13.6% | +14.6% | +14.5% | +17.3% | +14.0% | +16.2% |
| Depreciation | 9.51 | 10.64 | 10.35 | 10.70 | 8.97 | 9.66 | 9.66 | 8.91 |
| Interest | 1.53 | 1.69 | 1.92 | 2.63 | 1.26 | 1.55 | 1.57 | 1.37 |
| Profit before tax | 62.20 | 109 | 60.99 | 76.53 | 63.74 | 99.48 | 66.18 | 77.17 |
| Tax | 15.15 | 23.18 | 14.62 | 7.91 | 16.28 | 23.77 | 14.66 | 19.78 |
| Net profit | 47.05 | 86.27 | 46.37 | 68.62 | 47.46 | 75.71 | 51.52 | 57.39 |
| EPS (₹) | 36.10 | 66.39 | 35.52 | 52.37 | 36.18 | 57.62 | 39.12 | 43.75 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,926 | 1,879 | 1,804 | 1,446 | 1,224 | 1,224 | 1,352 |
| Revenue growth | +2.5% | +4.2% | +24.7% | +18.1% | +0.1% | -9.5% | - |
| Other income | 60.52 | 59.50 | 35.57 | 23.65 | 25.16 | 18.22 | 18.56 |
| Total expenses | 1,628 | 1,578 | 1,516 | 1,223 | 1,066 | 1,058 | 1,153 |
| Employee cost | 245 | 231 | 215 | 194 | 154 | 171 | 165 |
| EBITDA | 298 | 302 | 288 | 223 | 158 | 165 | 198 |
| EBITDA margin | +15.5% | +16.1% | +16.0% | +15.4% | +12.9% | +13.5% | +14.7% |
| Depreciation | 40.66 | 36.55 | 32.61 | 32.41 | 39.57 | 38.77 | 27.98 |
| Interest | 7.49 | 5.82 | 6.05 | 5.28 | 9.73 | 10.05 | 8.54 |
| Profit before tax | 311 | 319 | 285 | 209 | 134 | 135 | 180 |
| Tax | 62.00 | 77.54 | 73.84 | 56.01 | 34.01 | 24.34 | 65.19 |
| Net profit | 246 | 239 | 212 | 155 | 100 | 113 | 115 |
| Net profit margin | +12.8% | +12.7% | +11.8% | +10.7% | +8.2% | +9.3% | +8.5% |
| EPS (₹) | 191.11 | 183.77 | 161.01 | 116.18 | 77.48 | 87.08 | 88.52 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.45 | 6.50 | 6.50 | 6.50 | 27.27 | 27.27 | 27.27 |
| Reserves & surplus | 1,347 | 1,339 | 1,166 | 1,009 | 865 | 764 | 694 |
| Shareholders' funds (net worth) | 1,354 | 1,346 | 1,173 | 1,015 | 892 | 792 | 722 |
| Minority interest | 14.73 | 12.75 | 10.61 | 14.23 | 11.72 | 7.68 | 10.33 |
| Secured loans | 18.11 | 20.46 | 25.30 | 24.25 | 52.10 | 71.17 | 67.83 |
| Unsecured loans | 49.25 | 24.01 | 27.79 | 20.96 | 27.16 | 19.68 | 2.00 |
| Total debt | 67.36 | 44.47 | 53.09 | 45.21 | 79.26 | 90.85 | 69.83 |
| Total liabilities | 1,476 | 1,442 | 1,274 | 1,111 | 1,021 | 927 | 831 |
| Assets | |||||||
| Gross block | 674 | 632 | 575 | 551 | 633 | 624 | 539 |
| Net block | 399 | 374 | 339 | 337 | 415 | 439 | 385 |
| Capital work in progress | 10.83 | 12.96 | 16.97 | 0.68 | 1.33 | 0.53 | 19.54 |
| Investments | 697 | 802 | 663 | 562 | 474 | 228 | 178 |
| Inventories | 410 | 364 | 383 | 294 | 200 | 243 | 216 |
| Sundry debtors | 271 | 203 | 189 | 165 | 209 | 223 | 298 |
| Cash & bank balances | 31.65 | 37.20 | 26.19 | 24.26 | 10.41 | 2.14 | 11.02 |
| Loans & advances | 32.63 | 43.02 | 41.49 | 162 | 46.38 | 63.00 | 57.89 |
| Total current assets | 746 | 646 | 639 | 645 | 466 | 531 | 583 |
| Total current liabilities | 346 | 355 | 365 | 406 | 326 | 262 | 316 |
| Net working capital | 400 | 291 | 275 | 239 | 140 | 269 | 267 |
| Total assets | 1,476 | 1,442 | 1,274 | 1,111 | 1,021 | 927 | 831 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.00 | 11.29 | 13.90 | 7.36 | 0.83 | 6.66 | 21.67 |
| Net cash from operating activities | 122 | 236 | 162 | 89.00 | 268 | 129 | 124 |
| Net cash from investing activities | 127 | (143) | (105) | (71.90) | (242) | (79.72) | (110) |
| Net cash from financing activities | (260) | (83.50) | (59.60) | (10.56) | (18.83) | (55.16) | (29.01) |
| Net change in cash | (11.43) | 9.71 | (2.61) | 6.54 | 6.84 | (5.83) | (15.01) |
| Closing cash | 31.65 | 37.20 | 26.19 | 24.26 | 10.41 | 2.14 | 11.02 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.5% | +4.2% | +24.7% | +18.1% | +0.1% | -9.5% | - |
| EBITDA growth | -1.1% | +4.8% | +29.1% | +41.1% | -4.5% | -16.5% | - |
| PBT growth | -2.6% | +11.9% | +36.3% | +56.1% | -0.7% | -25.2% | +16.4% |
| Net income growth | +3.0% | +12.6% | +37.2% | +54.7% | -11.7% | -1.3% | - |
| Revenue CAGR (3Y) | +10.0% | +15.4% | +13.8% | +2.3% | +1.1% | +6.7% | +13.8% |
| EBITDA CAGR (3Y) | +10.2% | +24.1% | +20.3% | +4.0% | -3.8% | -2.0% | +12.0% |
| Profitability & leverage | |||||||
| Net income margin | +12.9% | +12.8% | +11.7% | +10.6% | +8.2% | +9.0% | +8.5% |
| Return on capital employed | +22.0% | +24.1% | +24.7% | +20.3% | +14.9% | +16.7% | +24.4% |
| Return on net worth | +18.4% | +19.2% | +19.3% | +16.2% | +12.2% | +15.0% | +17.6% |
| Debt / equity | 0.04 | 0.04 | 0.04 | 0.07 | 0.10 | 0.11 | 0.11 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.04 | 0.03 |
| Interest cover | 2.91 | 2.19 | 2.37 | 2.77 | 8.21 | 7.93 | 5.02 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.95 | 3.10 | 3.20 | 2.44 | 1.95 | 2.11 | 2.62 |
| Inventory turnover | 4.98 | 5.04 | 5.35 | 5.86 | 5.53 | 5.33 | 6.60 |
| Debtors turnover | 8.13 | 9.59 | 10.23 | 7.73 | 5.66 | 4.70 | 4.77 |
| EPS (₹) | 191.11 | 183.77 | 161.01 | 116.18 | 77.48 | 87.08 | 88.52 |
| Dividend per share (₹) | 65.00 | 60.00 | 50.00 | 35.00 | 13.00 | 13.00 | 13.00 |
| Book value per share (₹) | 1,049.48 | 1,034.76 | 901.63 | 780.54 | 670.27 | 592.61 | 538.92 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 486 | 624 | 499 | 488 | 407 | 578 | 449 | 490 |
| Revenue growth (YoY) | +19.5% | +8.0% | +11.1% | -0.4% | +2.2% | - | - | - |
| Other income | 21.29 | 16.94 | 11.41 | 16.56 | 18.60 | 15.77 | 12.09 | 18.37 |
| Total expenses | 437 | 526 | 466 | 421 | 354 | 474 | 390 | 420 |
| EBITDA | 49.22 | 97.93 | 32.59 | 67.13 | 53.07 | 104 | 59.41 | 69.59 |
| EBITDA margin | +10.1% | +15.7% | +6.5% | +13.8% | +13.0% | +18.0% | +13.2% | +14.2% |
| Depreciation | 9.42 | 9.94 | 9.79 | 9.83 | 9.09 | 10.18 | 9.77 | 10.14 |
| Interest | 1.27 | 1.41 | 1.97 | 1.64 | 1.44 | 1.60 | 1.83 | 2.53 |
| Profit before tax | 59.82 | 104 | 32.24 | 72.22 | 61.14 | 108 | 59.90 | 75.29 |
| Tax | 14.50 | 26.17 | 8.57 | 15.59 | 14.61 | 22.48 | 14.04 | 7.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,050 | 1,915 | 1,871 | 1,803 | 1,442 | 1,202 | 1,209 |
| Revenue growth | +7.0% | +2.4% | +3.8% | +25.1% | +20.0% | -0.6% | - |
| Other income | 52.86 | 62.50 | 61.15 | 30.23 | 22.78 | 21.79 | 15.56 |
| Total expenses | 1,789 | 1,626 | 1,579 | 1,516 | 1,226 | 1,052 | 1,047 |
| Employee cost | 259 | 242 | 228 | 211 | 191 | 144 | 160 |
| EBITDA | 261 | 289 | 293 | 287 | 216 | 150 | 162 |
| EBITDA margin | +12.8% | +15.1% | +15.6% | +15.9% | +15.0% | +12.5% | +13.4% |
| Depreciation | 38.66 | 38.51 | 34.37 | 30.44 | 30.43 | 33.23 | 32.67 |
| Interest | 6.47 | 7.12 | 5.30 | 5.40 | 4.59 | 4.27 | 4.40 |
| Profit before tax | 269 | 306 | 314 | 282 | 203 | 134 | 141 |
| Tax | 64.92 | 59.61 | 75.03 | 72.07 | 53.92 | 32.94 | 24.66 |
| Net profit | 209 | 246 | 239 | 213 | 153 | 101 | 116 |
| Net profit margin | +10.2% | +12.9% | +12.8% | +11.8% | +10.6% | +8.4% | +9.6% |
| EPS (₹) | 158.31 | 191.11 | 183.89 | 161.20 | 114.84 | 77.89 | 89.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.45 | 6.45 | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 |
| Reserves & surplus | 1,469 | 1,346 | 1,336 | 1,163 | 999 | 868 | 766 |
| Shareholders' funds (net worth) | 1,472 | 1,350 | 1,343 | 1,169 | 1,006 | 874 | 773 |
| Secured loans | 0.87 | 15.54 | 16.29 | 18.29 | 16.77 | 12.43 | 15.16 |
| Unsecured loans | 45.83 | 47.91 | 23.80 | 27.31 | 20.23 | 15.39 | 18.14 |
| Total debt | 46.70 | 63.45 | 40.09 | 45.60 | 37.00 | 27.82 | 33.30 |
| Total liabilities | 1,559 | 1,454 | 1,421 | 1,252 | 1,079 | 940 | 843 |
| Assets | |||||||
| Gross block | 674 | 655 | 605 | 556 | 531 | 521 | 516 |
| Net block | 372 | 380 | 356 | 320 | 321 | 330 | 350 |
| Capital work in progress | 7.20 | 10.72 | 12.96 | 16.97 | 0.58 | 0.60 | 0.53 |
| Investments | 815 | 702 | 807 | 669 | 567 | 513 | 262 |
| Inventories | 396 | 406 | 359 | 376 | 288 | 170 | 204 |
| Sundry debtors | 274 | 268 | 201 | 188 | 164 | 207 | 221 |
| Cash & bank balances | 48.06 | 26.20 | 34.12 | 25.32 | 24.14 | 9.84 | 1.60 |
| Loans & advances | 40.18 | 38.04 | 45.52 | 41.79 | 33.33 | 33.91 | 65.53 |
| Total current assets | 758 | 738 | 640 | 632 | 509 | 420 | 493 |
| Total current liabilities | 356 | 348 | 357 | 367 | 315 | 311 | 250 |
| Net working capital | 402 | 390 | 282 | 265 | 195 | 110 | 242 |
| Total assets | 1,559 | 1,454 | 1,421 | 1,252 | 1,079 | 940 | 843 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.12 | 17.92 | 10.42 | 13.78 | 7.10 | 0.34 | 6.07 |
| Net cash from operating activities | 212 | 116 | 228 | 156 | 97.85 | 262 | 123 |
| Net cash from investing activities | (88.48) | 128 | (140) | (101) | (70.15) | (243) | (75.65) |
| Net cash from financing activities | (115) | (258) | (79.70) | (58.65) | (21.01) | (12.54) | (53.32) |
| Net change in cash | 8.73 | (13.81) | 7.51 | (3.37) | 6.68 | 6.76 | (5.73) |
| Closing cash | 48.06 | 26.20 | 34.12 | 25.32 | 24.14 | 9.84 | 1.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.0% | +2.4% | +3.8% | +25.1% | +20.0% | -0.6% | - |
| EBITDA growth | -9.6% | -1.2% | +1.9% | +33.3% | +43.7% | -7.5% | - |
| PBT growth | -12.1% | -2.6% | +11.5% | +38.6% | +51.4% | -4.5% | -22.0% |
| Net income growth | -15.1% | +3.0% | +12.6% | +38.9% | +52.1% | -13.4% | - |
| Revenue CAGR (3Y) | +4.4% | +9.9% | +15.9% | +14.3% | +2.4% | +0.6% | +6.1% |
| EBITDA CAGR (3Y) | -3.1% | +10.3% | +25.0% | +21.0% | +4.2% | -4.2% | -1.7% |
| Profitability & leverage | |||||||
| Net income margin | +10.0% | +12.9% | +12.8% | +11.6% | +10.4% | +8.4% | +9.6% |
| Return on capital employed | +18.3% | +21.8% | +23.9% | +24.6% | +20.6% | +15.5% | +18.2% |
| Return on net worth | +14.5% | +18.3% | +19.0% | +19.3% | +15.9% | +12.3% | +15.7% |
| Debt / equity | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | 0.04 | 0.03 |
| Long-term debt / equity | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest cover | 2.90 | 2.84 | 2.05 | 2.10 | 2.48 | 3.66 | 3.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.09 | 3.04 | 3.22 | 3.32 | 2.74 | 2.32 | 2.52 |
| Inventory turnover | 5.12 | 5.01 | 5.09 | 5.43 | 6.30 | 6.42 | 6.30 |
| Debtors turnover | 7.57 | 8.16 | 9.61 | 10.24 | 7.78 | 5.62 | 4.67 |
| EPS (₹) | 158.31 | 191.11 | 183.89 | 161.20 | 114.84 | 77.89 | 89.15 |
| Dividend per share (₹) | 75.00 | 65.00 | 60.00 | 50.00 | 35.00 | 13.00 | 13.00 |
| Book value per share (₹) | 1,144.01 | 1,048.98 | 1,032.26 | 899.00 | 773.31 | 672.31 | 594.27 |
To see the full year-wise statements and ratios of Cera Sanitaryware Limited, buy the company report.
Board of directors of Cera Sanitaryware Limited
Cera Sanitaryware has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Somany Also directs: Asopalav Plantations Pvt Ltd, Birla Brothers Pvt Ltd | Managing Director | 13 Aug 2008 | 18 Years 2 Months | Current |
| Deepshikha Khaitan Also directs: Indian Council of Sanitaryware Manufactures, Star Agrocom Pvt.Ltd. | Managing Director | 29 Mar 2014 | 12 Years 6 Months | Current |
| Ravi Bhamidipaty Also directs: TCT Ventures Private Limited, Epigral Advanced Materials Limited, Svelte Developers Private Limited and 2 more | Director | 04 Aug 2022 | 4 Years 2 Months | Current |
| Surendra Singh Baid Also directs: Harshriti Ventures LLP | Director | 18 Apr 2018 | 8 Years 6 Months | Current |
| Akriti Jain Also directs: Universal Petro-Chemicals Ltd | Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Anupam Gupta | Whole-Time Director | 15 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Cera Sanitaryware Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kohler India Corporation Private Limited | ₹2,417.4 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Hindware Limited | ₹2,207.2 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Cera Sanitaryware Limitedthis company | ₹2,050.12 Cr (FY 2026) | ₹209.26 Cr | 10.2% | 7.0% | 2,510 | Mehsana, Gujarat, India |
| Simpolo Vitrified Private Limited | ₹1,695.83 Cr (FY 2024) | 18.0% | Ahmedabad, Gujarat, India | |||
| Asian Granito India Limited | ₹1,567.7 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Cera Sanitaryware Limited, buy the company report.
Auditor
Cera Sanitaryware Limited is audited by Singhi & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2025 | 302049E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.40%, foreign institutional investors hold 15.40%, domestic institutional investors hold 14.10% and retail and other public shareholders hold 16.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.40% | 54.40% | 54.40% | 54.40% |
| Public | 45.60% | 45.60% | 45.60% | 45.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2007 | 10039743 | State Bank of India | ₹80 Cr | Open | |
| 21 Oct 2019 | 100296484 | Others | ₹23.62 Lakh | Satisfied | |
| 17 Jan 2015 | 10547260 | State Bank of India | ₹4.75 Cr | Satisfied | |
| 18 Nov 2014 | 10539323 | Kotak Mahindra Bank Limited | ₹9.72 Cr | Satisfied | |
| 26 Jul 2011 | 10298723 | Yes Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Cera Sanitaryware Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Cera Sanitaryware Limited has 55 deals on record (41 market trades, 10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.66 Cr; the latest was in June 2026.
Deals on record (5 of 55)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹82.2 Cr | Buyer: Goldman Sachs Funds - Goldman Sachs India Equity Portfolio Seller: HDFC Life Insurance Company Limited |
| Aug 2010 | Market trade | ₹2.43 Cr | Buyer: Akshi Finance Private Limited Seller: Akshi Finance Private Limited |
| Aug 2010 | Market trade | ₹1.22 Cr | Buyer: Akshi Finance Private Limited Seller: Akshi Finance Private Limited |
| Jul 2010 | Market trade | ₹10.6 Cr | Seller: Deeplok Builders Pvt Ltd , Daulat Financial Services Pvt Ltd , an individual |
| Apr 2010 | Market trade | ₹1.87 Cr | Buyer: Sainath Herbal Care Marketing Private Limited |
To see the full deal history of Cera Sanitaryware Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cera Sanitaryware Limited has 424 court cases on record: 381 filed by Cera Sanitaryware, 43 filed against it. 175 cases are pending and 249 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 361 | 22 | 163 |
| High courts | 61 | 21 | 12 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 424)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Messers Sunsilk Ceramics Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed by the company against Kunal Structure (India) Pvt. Ltd. and 4 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Lois Industries Pvt Ltd and 4 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed by the company against Nirmal Lifestyle Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Prayas Interiors Tiles and Ceramics Organisation Pvt Ltd and 2 others | Disposed |
To see the full case history of Cera Sanitaryware Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Cera Sanitaryware Limited was last rated by Care on 02 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Sep 2022 |
To see the full credit ratings and regulatory alerts of Cera Sanitaryware Limited, buy the company report.
MSME payment delays
Cera Sanitaryware Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 217 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Supreme Packaging | |||
| Supreme Corrupack | |||
| Ashapura Chinaclay Co LLP | |||
| Oditi Appliances LLP | |||
| Pymen Cable Corporation |
To see the full MSME payment records of Cera Sanitaryware Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cera Sanitaryware Limited has a workforce of 2,510 employees on its EPFO records as of Oct 08, 2025, across 2 active EPFO establishments.
GST
Cera Sanitaryware has 30 GST registrations: 24 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM9244N1Z4 | Gujarat | Active | 01 Jul 2017 |
| 24AABCM9244N2Z3 | Gujarat | Active | 06 Jan 2025 |
| 02AABCM9244N1ZA | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCM9244N1Z8 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cera Sanitaryware Limited, buy the company report.
Recent activity
Cera Sanitaryware Limited has 42 board changes on record since 1998: 25 appointments and 17 cessations. The latest: Ayush Bagla ceased to be Whole-Time Director on 31 Mar 2024.
61 earlier events are in the company report.
News
Frequently asked questions
Cera Sanitaryware is an active public limited company based in Mehsana, Gujarat, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 17 July 1998 (28+ years old) and is registered under CIN L26910GJ1998PLC034400. Listed on BSE: 532443 and NSE: CERA.
Cera Sanitaryware reported revenue of ₹2,050.12 Cr for FY 2025-26 (up 7% YoY) based on standalone financials.
Cera Sanitaryware has 7 current directors:
- Vikram Somany - Managing Director
- Deepshikha Khaitan - Managing Director
- Anupam Gupta - Whole-Time Director
- Ravi Bhamidipaty - Director
- Surendra Singh Baid - Director
- Akriti Jain - Director
- Anandh Sundar - Director
The latest financial statements of Cera Sanitaryware on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cera Sanitaryware is 24AABCM9244N1Z4, registered in Gujarat. The company has 30 GST registrations in all, of which 24 are active and 6 are cancelled or inactive. Other active GSTINs include 24AABCM9244N2Z3 (Gujarat), 02AABCM9244N1ZA (Himachal Pradesh), 03AABCM9244N1Z8 (Punjab).
The CIN (Corporate Identification Number) of Cera Sanitaryware is L26910GJ1998PLC034400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Cera Sanitaryware is a listed company as per MCA records. Its shares are listed on both BSE (code: 532443) and NSE (symbol: CERA).
Cera Sanitaryware has 424 court cases on record: 381 filed by the company and 43 filed against it. 175 are pending. Most are in the district courts.
Cera Sanitaryware was incorporated on 17 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cera Sanitaryware has 55 deals on record (41 market trades, 10 secondary share transfers, 4 funding rounds), with disclosed funding of ₹82.66 Cr; the latest was in June 2026.
The peers of Cera Sanitaryware by revenue are Kohler India Corporation Private Limited, Hindware Limited, Simpolo Vitrified Private Limited, Asian Granito India Limited, all in the Manufacturing industry (Ceramics, Sanitaryware and Tiles), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ayush Bagla ceased to be Whole-Time Director on 31 Mar 2024. Lalit Kumar Bohania ceased to be Director on 31 Mar 2024. Sajan Kumar Pasari ceased to be Director on 31 Mar 2024. Cera Sanitaryware has 42 board changes on record in total.