Cera Sanitaryware Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Vikram Somany

Chief executive officer

₹84.2m

Total compensation

CEO salary percentage	89.2%
CEO tenure	23yrs
CEO ownership	17.6%
Management average tenure	3.1yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vikram Somany's remuneration changed compared to Cera Sanitaryware's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹2b
Jun 30 2024	n/a	n/a	₹2b
Mar 31 2024	₹84m	₹75m	₹2b
Dec 31 2023	n/a	n/a	₹2b
Sep 30 2023	n/a	n/a	₹2b
Jun 30 2023	n/a	n/a	₹2b
Mar 31 2023	₹76m	₹67m	₹2b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹2b
Jun 30 2022	n/a	n/a	₹2b
Mar 31 2022	₹73m	₹66m	₹2b
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹1b
Jun 30 2021	n/a	n/a	₹1b
Mar 31 2021	₹50m	₹46m	₹1b
Dec 31 2020	n/a	n/a	₹922m
Sep 30 2020	n/a	n/a	₹907m
Jun 30 2020	n/a	n/a	₹956m
Mar 31 2020	₹55m	₹48m	₹1b
Dec 31 2019	n/a	n/a	₹1b
Sep 30 2019	n/a	n/a	₹1b
Jun 30 2019	n/a	n/a	₹1b
Mar 31 2019	₹57m	₹51m	₹1b
Mar 31 2018	₹58m	₹52m	₹1b

Compensation vs Market: Vikram's total compensation ($USD996.90K) is above average for companies of similar size in the Indian market ($USD355.52K).

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

CEO

Vikram Somany (75 yo)

23yrs

Tenure

₹84,233,000

Compensation

Shri. Vikram Somany, B.Sc., FCMI (U.K.), has been the Chairman and Managing Director at Cera Sanitaryware Limited since August 13, 2008. Shri. Somany served as the Non-Executive Chairman of Madhusudan Indu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vikram Somany	Chairman & MD	no data	₹84.23m	17.57% ₹ 15.7b
Deepshikha Khaitan	Non Executive Director & Joint MD	4.6yrs	₹35.97m	2.6% ₹ 2.3b
Vikas Kothari	Chief Financial Officer	1.6yrs	₹10.84m	no data
Anupam Gupta	Executive Director & Executive Director of Technical	3.1yrs	₹38.47m	no data
Hemal Sadiwala	Company Secretary & Compliance Officer	4.6yrs	₹2.89m	no data
Rahul Jain	President of Marketing	1.8yrs	no data	no data
Sandeep Abraham	President of Sales	no data	no data	no data
N. Jaydeep	General Manager	no data	₹6.80m	no data
G. Chowdary	Asst. General Manager	no data	₹4.62m	no data
Deepak Chaudhary	General Manager of Finance & Audit	no data	no data	no data

3.1yrs

Average Tenure

56yo

Average Age

Experienced Management: 532443's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vikram Somany	Chairman & MD	23yrs	₹84.23m	17.57% ₹ 15.7b
Deepshikha Khaitan	Non Executive Director & Joint MD	10.7yrs	₹35.97m	2.6% ₹ 2.3b
Anupam Gupta	Executive Director & Executive Director of Technical	3.1yrs	₹38.47m	no data
Surendra Baid	Non Executive Independent Director	6.6yrs	₹580.00k	no data
Akriti Jain	Non-Executive Independent Director	6yrs	₹580.00k	no data
Ravi Bhamidipaty	Non-Executive Independent Director	2.3yrs	₹580.00k	no data
Anandh Sundar	Non-Executive Independent Director	less than a year	₹510.00k	no data

6.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 532443's board of directors are considered experienced (6 years average tenure).

Cera Sanitaryware Management

Management criteria checks 3/4

Key information

Recent management updates

Cera Sanitaryware Limited, Annual General Meeting, Jul 11, 2024

Cera Sanitaryware Limited Announces Board Resignations

Cera Sanitaryware Limited Announces Resignation of Ayush Bagla as Executive Director, Effective 31 March 2024

Cera Sanitaryware Limited, Annual General Meeting, Jul 06, 2023

Cera Sanitaryware Limited Appoints Vikas Kothari as Chief Financial Officer, with Effect from April 1, 2023

Cera Sanitaryware Limited Announces Retirement of Rajesh B. Shah as Chief Financial Officer, Effective 31 March, 2023

Recent updates

Price target decreased by 8.4% to ₹8,349

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Cera Sanitaryware Limited to Report Q2, 2025 Results on Nov 12, 2024

Price target increased by 9.6% to ₹9,136

New minor risk - Earnings quality

First quarter 2025 earnings: EPS and revenues miss analyst expectations

Cera Sanitaryware Limited (BSE:532443) announces an Equity Buyback for 108,333 shares, representing 0.83% for INR 1,300 million.

Investor sentiment improves as stock rises 19%

Full year 2024 earnings: EPS exceeds analyst expectations

Cera Sanitaryware Limited to Report Q1, 2025 Results on Aug 14, 2024

Dividend increased to ₹60.00

Cera Sanitaryware Limited, Annual General Meeting, Jul 11, 2024

Full year 2024 earnings: EPS exceeds analyst expectations

Cera Sanitaryware Limited to Report Q4, 2024 Results on May 13, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Cera Sanitaryware Limited Announces Board Resignations

Cera Sanitaryware Limited to Report Q3, 2024 Results on Feb 12, 2024

Cera Sanitaryware Limited Announces Resignation of Ayush Bagla as Executive Director, Effective 31 March 2024

Second quarter 2024 earnings released: EPS: ₹43.75 (vs ₹39.02 in 2Q 2023)

Cera Sanitaryware Limited to Report Q2, 2024 Results on Nov 01, 2023

Price target increased by 7.6% to ₹8,230

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Cera Sanitaryware Limited to Report Q1, 2024 Results on Aug 03, 2023

Cera Sanitaryware Limited Approves to Declare Dividend for the Financial Year 2022-23

Upcoming dividend of ₹50.00 per share at 0.6% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 13% to ₹7,216

Cera Sanitaryware Limited, Annual General Meeting, Jul 06, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Cera Sanitaryware Limited Appoints Vikas Kothari as Chief Financial Officer, with Effect from April 1, 2023

Cera Sanitaryware Limited Announces Retirement of Rajesh B. Shah as Chief Financial Officer, Effective 31 March, 2023

Price target increased to ₹5,892

Second quarter 2023 earnings: EPS exceeds analyst expectations

Cera Sanitaryware Limited to Report Q2, 2023 Results on Nov 07, 2022

Cera Sanitaryware Limited Approves the Appointment of Shri Ravi Bhamidipaty as an Additional Director - Independent

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Cera Sanitaryware Limited to Report Q1, 2023 Results on Aug 04, 2022

Cera Sanitaryware Limited Approves to Declare Special Dividend for the Financial Year 2021-22

Upcoming dividend of ₹35.00 per share

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Cera Sanitaryware Limited Recommends Final Dividend for the Year Ended March 31, 2022

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Insufficient new directors

Price target increased to ₹5,063

Second quarter 2022 earnings released: EPS ₹33.10 (vs ₹18.93 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Insider recently sold ₹1.3m worth of stock

An unknown buyer agreed to acquire Anjani Tiles Limited from Cera Sanitaryware Limited (BSE:532443).

Upcoming dividend of ₹13.00 per share

Full year 2021 earnings released: EPS ₹77.48 (vs ₹87.08 in FY 2020)

Price target increased to ₹4,162

Full year 2021 earnings released: EPS ₹77.48 (vs ₹87.08 in FY 2020)

Price target increased to ₹3,758

Cera Sanitaryware Limited Announces Resignation of Jugal Kishore Taparia as Independent Director

Cera Sanitaryware Limited to Report Q3, 2021 Results on Feb 02, 2021

Insider recently sold ₹2.4m worth of stock

New 90-day high: ₹3,438

Price target raised to ₹2,778

New 90-day high: ₹2,987

Revenue beats expectations, earnings disappoint

Second quarter 2021 earnings released: EPS ₹18.93

New 90-day high: ₹2,694

Cera Sanitaryware Limited(BSE:532443) dropped from S&P Global BMI Index

New 90-day high - ₹2,579

New 90-day high - ₹2,355