More Stories

Informist, Thursday, Aug. 6, 2026

By Utthara E. S.

MUMBAI – Cera Sanitaryware Ltd. is expected to report an increase in revenue for the June quarter, driven by higher sales realisation on account of supply chain disruption caused by the war in the Middle East.

The company is expected to report a net profit of INR 486 million for the June quarter, up almost 5% from INR 465 million in the year-ago quarter, according to the average of estimates from seven brokerages. The highest estimate for the company's net profit is INR 522 million from 360 ONE Capital Market Pvt. Ltd. and the lowest is INR 450 million from Axis Securities Ltd.

The company's net sales are expected to rise 13% on year to INR 4.7 billion for the June quarter from INR 4.2 billion in the year-ago quarter, according to the average of estimates. The highest estimate for net sales is INR 4.8 billion from ICICI Securities Ltd. and the lowest is INR 4.6 billion from IDBI Capital Market Services Ltd.

The company's revenue growth will be supported by a 17% on-year increase in sales in the faucet business and a 14% on-year increase in sales in the sanitary business, according to Prabhudas Lilladher Pvt. Ltd.

The company is expected to report earnings before interest, tax, depreciation, and amortisation of INR 621 million in the June quarter, up 17% from 530 million in the year-ago quarter, according to the average of five estimates. The highest estimate for EBITDA is INR 657 million from IDBI Capital and the lowest is INR 569 million from ICICI Securities.

Cera Sanitaryware's EBITDA margin is expected to be between 13.0% and 14.2% for the June quarter, up from 12.7% in the year-ago quarter, according to the average of six estimates. The highest estimate for the EBITDA margin is 14.2% from IDBI Capital and the lowest is 13% from Axis Securities and Anand Rathi Share and Stock Brokers Ltd.

The building material sector is expected to report a second consecutive quarter of strong sales growth driven by market share gains and higher realisation, Anand Rathi said. Demand is expected to be healthy only for a few segments of the industry due to the shutdown of the Morbi ceramics industry in the June quarter, which stopped production across the board.

Cera Sanitaryware manufactures and sells bathroom and building products. It provides sanitaryware, faucets, bath accessories, kitchen sinks, wellness products, and floors and tiles. The company will detail its June quarter earnings Friday. Investors will track the company's industry outlook, new product launches, and updates on capacity addition, IDBI Capital said.

Thursday, shares of Cera Sanitaryware ended at INR 6,324.50 apiece on the National Stock Exchange. The shares are up over 9% since the company announced its March quarter earnings on May 8.

Of the seven research reports on the company available with Informist, five have a "buy" recommendation on the stock with an average target price of INR 6,915, which is 9% higher than the closing price Thursday. One brokerage has a "hold" recommendation on the stock with a target price of INR 5,284 and one has a "sell" recommendation on the stock with a target price of INR 5,450.

The following are the Apr-Jun earnings estimates for Cera Sanitaryware Ltd. from seven brokerages in the descending order of the estimates of net profit, in INR million:

End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Pankaj Aher

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.