CERA

OVERVALUED

Cera Sanitaryware Limited

Consumer Durables · NSE

38.9% vs fair value

52W Low

4,461

+28.2% from low

52W High

7,275

-21.4% from high

News sentiment
11 bull17 neu9 bear

Valuation Gauge

OVERVALUED-38.9% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹5,719

Fair Value

₹4,118

Fair Value Analysis

₹4,118

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Consumer Durables sector companies | Sector-cheap: P/E at 13th percentile vs sector peers. | CAUTION: ROCE declining (latest 21.3%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Cash Flow Analysis

40% weight

₹5,666

Balance Sheet Value

30% weight

₹2,079

Growth Valuation

30% weight

₹4,092

Price vs Market

CERA
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

7.6 / 10

Profitability

8/10

ROE of 14.4% is acceptable for Consumer Durables sector (benchmark: 18%)

Debt & Leverage

10/10

D/E ratio of 0.0x is well within the Consumer Durables sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 30.4x trades at a 40% discount to Consumer Durables sector median (51x) — attractively valued

Cash Flow

4/10

FCF margin of 4.9% — thin cash generation, watch capex trends

Earnings Growth

8/10

5yr EPS CAGR of 17.7% is in line with the Consumer Durables sector average of 16.9%

Dividend

6/10

Dividend yield of 1.3% provides moderate shareholder returns

Company Health Timeline

10-year financial health at a glance

FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
100
88
100
100
88
88
100
100
88
88
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

3.4%

Free cash flow / market cap

Revenue Growth (YoY)

+37.3%

Year-on-year revenue change

Profit Growth (YoY)

+59.7%

Year-on-year PAT change

Operating Cash Flow

₹122 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹184.8

P/E Ratio

30.4x

P/B Ratio

5.4x

ROE

14.4%

ROCE

21.3%

Debt / Equity

0.03x

Beta

Div Yield

1.3%

FCF (Cr)

₹93 Cr

Revenue (Cr)

₹1,886 Cr

EPS Growth 5Y

17.7%

Mkt Cap (Cr)

₹7,266 Cr

52W High

₹7,275

52W Low

₹4,461.1

Book Value/Share

₹1,039.3

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹1.9K Cr₹297 Cr15.0%₹248 Cr₹190.72
2025-03-31₹1.9K Cr₹302 Cr16.0%₹249 Cr₹191.11
2024-03-31₹1.9K Cr₹304 Cr16.0%₹241 Cr₹183.76
2023-03-31₹1.8K Cr₹301 Cr17.0%₹211 Cr₹161.00
2022-03-31₹1.4K Cr₹229 Cr16.0%₹153 Cr₹116.18
2021-03-31₹1.2K Cr₹158 Cr13.0%₹100 Cr₹77.48
2020-03-31₹1.2K Cr₹167 Cr14.0%₹111 Cr₹87.08
2019-03-31₹1.4K Cr₹199 Cr15.0%₹115 Cr₹88.51
2018-03-31₹1.2K Cr₹177 Cr15.0%₹106 Cr₹79.33
2017-03-31₹1.0K Cr₹176 Cr17.0%₹100 Cr₹78.23
2016-03-31₹917 Cr₹141 Cr15.0%₹83 Cr₹64.17

Compounded Growth Rates

Sales Growth

3Y+2.5%
5Y+9.7%
10Y+7.8%

Profit Growth

3Y+5.5%
5Y+19.9%
10Y+11.6%

EPS Growth

3Y+5.8%
5Y+19.7%
10Y+11.5%

Peer Comparison

Consumer Durables
StockPriceFair ValueMoS%P/EROESignal

Senco Gold Limited

₹348₹913.6+61.9%11.422.8%FAIRLY_VALUED

PC Jeweller Limited

₹8.4₹17.2+51.2%11.99.1%FAIRLY_VALUED

Bata India

₹690.9₹1,308.2+47.2%5015.0%FAIRLY_VALUED

P N Gadgil Jewellers Limited

₹526₹864.8+39.2%19.723.3%UNDERVALUED

Whirlpool of India Limited

₹845₹1,119.4+24.5%32.68.2%UNDERVALUED

Bajaj Electricals

₹335.6₹382.9+12.3%126.46.6%FAIRLY_VALUED

Kalyan Jewellers India Limited

₹352₹317.2-11.0%2724.3%FAIRLY_VALUED

Cello World Limited

₹381.2₹295.9-28.8%28.414.7%OVERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

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