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Cera SanitarywareBSE:532443 Stock Report

Market Cap

₹72.6b

7D

6.0%

1Y

122.5%

Updated

17 Oct, 2021

Data

Company Financials +
532443 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends4/6

532443 Overview

Cera Sanitaryware Limited manufactures, sells, trades in, and outsources sanitary ware and faucet ware products in India.

Rewards

Earnings are forecast to grow 27.78% per year

Risk Analysis

532443 passed our risk checks.

Cera Sanitaryware Competitors

Shankara Building Products

BSE:540425

₹13.7b

Price History & Performance

Summary of all time highs, changes and price drops for Cera Sanitaryware
Historical stock prices
Current Share Price₹5,580.40
52 Week High₹2,493.65
52 Week Low₹5,699.00
Beta0.41
1 Month Change24.68%
3 Month Change25.53%
1 Year Change122.52%
3 Year Change132.97%
5 Year Change116.69%
Change since IPO26,316.10%

Recent News & Updates

Shareholder Returns

532443IN BuildingIN Market
7D6.0%3.1%2.3%
1Y122.5%145.5%68.3%

Return vs Industry: 532443 underperformed the Indian Building industry which returned 148.1% over the past year.

Return vs Market: 532443 exceeded the Indian Market which returned 68.3% over the past year.

Price Volatility

Is 532443's price volatile compared to industry and market?
532443 volatility
532443 Beta0.41
Industry Beta0.72
Market Beta1

Stable Share Price: 532443 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532443's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19802,473Atul Sanghvihttps://www.cera-india.com

Cera Sanitaryware Limited manufactures, sells, trades in, and outsources sanitary ware and faucet ware products in India. It offers sanitary ware products, including EWC’s, wash basins, cisterns, seat covers, urinals, electronic flushing systems, water saving products, bath accessories, and kids range products, as well as special needs products. The company also provides faucets comprising single lever faucets, foot operated faucets, quarter and half turn faucets, sensor and touch faucets, showers, health faucets, bathroom allied products and accessories, and other auxiliary products and special needs faucets; and wellness products consisting of steam shower rooms, shower cubicles and partitions, bath tubs and whirlpool, fillers, shower panels, indoor swimming pools, and pressure pumps.

Cera Sanitaryware Fundamentals Summary

How do Cera Sanitaryware's earnings and revenue compare to its market cap?
532443 fundamental statistics
Market Cap₹72.58b
Earnings (TTM)₹1.13b
Revenue (TTM)₹13.06b

64.5x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532443 income statement (TTM)
Revenue₹13.06b
Cost of Revenue₹6.50b
Gross Profit₹6.56b
Expenses₹5.44b
Earnings₹1.13b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 26, 2021

Earnings per share (EPS)86.52
Gross Margin50.23%
Net Profit Margin8.62%
Debt/Equity Ratio9.5%

How did 532443 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

15%

Payout Ratio

Valuation

Is Cera Sanitaryware undervalued compared to its fair value and its price relative to the market?

64.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532443 (₹5580.4) is trading above our estimate of fair value (₹1698.87)

Significantly Below Fair Value: 532443 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532443 is poor value based on its PE Ratio (64.5x) compared to the Indian Building industry average (32.4x).

PE vs Market: 532443 is poor value based on its PE Ratio (64.5x) compared to the Indian market (22.2x).


Price to Earnings Growth Ratio

PEG Ratio: 532443 is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: 532443 is overvalued based on its PB Ratio (8.3x) compared to the IN Building industry average (2x).


Future Growth

How is Cera Sanitaryware forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

27.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532443's forecast earnings growth (27.8% per year) is above the savings rate (6.7%).

Earnings vs Market: 532443's earnings (27.8% per year) are forecast to grow faster than the Indian market (19.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532443's revenue (17.4% per year) is forecast to grow faster than the Indian market (12.9% per year).

High Growth Revenue: 532443's revenue (17.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 532443's Return on Equity is forecast to be low in 3 years time (17.5%).


Past Performance

How has Cera Sanitaryware performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532443 has high quality earnings.

Growing Profit Margin: 532443's current net profit margins (8.6%) are higher than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: 532443's earnings have declined by 1.3% per year over the past 5 years.

Accelerating Growth: 532443's earnings growth over the past year (21%) exceeds its 5-year average (-1.3% per year).

Earnings vs Industry: 532443 earnings growth over the past year (21%) underperformed the Building industry 113.4%.


Return on Equity

High ROE: 532443's Return on Equity (12.8%) is considered low.


Financial Health

How is Cera Sanitaryware's financial position?


Financial Position Analysis

Short Term Liabilities: 532443's short term assets (₹9.0B) exceed its short term liabilities (₹3.7B).

Long Term Liabilities: 532443's short term assets (₹9.0B) exceed its long term liabilities (₹1.2B).


Debt to Equity History and Analysis

Debt Level: 532443's debt to equity ratio (9.5%) is considered satisfactory.

Reducing Debt: 532443's debt to equity ratio has reduced from 15.3% to 9.5% over the past 5 years.

Debt Coverage: 532443's debt is well covered by operating cash flow (320.2%).

Interest Coverage: 532443's interest payments on its debt are well covered by EBIT (23x coverage).


Balance Sheet


Dividend

What is Cera Sanitaryware current dividend yield, its reliability and sustainability?

0.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532443's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.33%).

High Dividend: 532443's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).


Stability and Growth of Payments

Stable Dividend: 532443's dividends per share have been stable in the past 10 years.

Growing Dividend: 532443's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15%), 532443's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 532443's dividends in 3 years are forecast to be well covered by earnings (16.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Atul Sanghvi (59 yo)

2.42yrs

Tenure

₹25,615,000

Compensation

Mr. Atul Sanghvi has been the Chief Executive Officer at Cera Sanitaryware Limited since May 14, 2019. Mr. Sanghvi served as the Chief Operating Officer of Cera Sanitaryware Limited since October 10, 2012....


CEO Compensation Analysis

Compensation vs Market: Atul's total compensation ($USD341.52K) is about average for companies of similar size in the Indian market ($USD382.06K).

Compensation vs Earnings: Atul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 532443's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: 532443's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532443 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cera Sanitaryware Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cera Sanitaryware Limited
  • Ticker: 532443
  • Exchange: BSE
  • Founded: 1980
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹72.578b
  • Shares outstanding: 13.01m
  • Website: https://www.cera-india.com

Number of Employees


Location

  • Cera Sanitaryware Limited
  • Privilon
  • 7th & 8th Floors
  • Ahmedabad
  • Gujarat
  • 380059
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 12:04
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.