Cera Sanitaryware Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Future growth expectations for CERA Sanitaryware Ltd. as per the Q2 FY26 earnings call are: - **Full-year revenue growth guidance:** 7% to 8% growth for FY26 overall. - **H2 FY26 growth:** Anticipated 10% to 12% revenue growth, improving from 2% in H1. - **Segment-specific growth:** - Faucetware: Expected 8% to 10% revenue growth for full year FY26. - Sanitaryware showed marginal growth (approx. 1.4% in Q2). - **New brands Senator and Polipluz:** - Targeting INR 45-50 crore revenue in H2 FY26. - Forecasted combined revenue of INR 150 crore by FY27. - **Volume and price dynamics:** Volume growth remains key, but price increases are moderate and lagged due to project contracts. - **Operational efficiencies and cost optimization:** Ongoing efforts expected to support margin stability amid market demand fluctuations. Overall, the company is cautiously optimistic about demand revival in H2 FY26 and beyond.

The transcript does not explicitly mention the current or expected order book or pending orders figures for CERA Sanitaryware Ltd. However, key related points include: - Project sales accounted for 39% of the topline in Q2 FY26. - The company continues to benefit from strong relationships across the developer ecosystem, enabling participation in larger and more complex projects. - Steady order inflows from the real estate sector and sustained construction activity support healthy traction in the B2B (project) segment. - The company views the project business as an important growth pillar, balancing softness in retail demand. - The contribution from the project business is expected to remain around 39%-40% for FY26. - Demand in retail is showing some green shoots with expectations of growth in H2 FY26, potentially affecting order inflows positively. No specific numerical order book or pending orders value is disclosed in the transcript.