Cera Sanitaryware Ltd

Q4 FY25Consumer Durables

Cera Sanitaryware Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹5,866

Market cap₹8.1K Cr

P/E38.8

Updated23 Aug 2026

Read4 min read

The short version

The Company aims for revenue of Rs. Cera Sanitaryware aims for revenue of Rs.

From Cera Sanitaryware Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

The Company aims for revenue of Rs. 2,900 crore by FY27, contingent on market conditions improving (Page 10).
Growth targets assume market growth of 7-8% in Sanitaryware and 12-13% in Faucetware, with Cera outperforming by 6-7% (Page 10).
Project business has grown from 30% to 40% of revenues and is expected to gain momentum, providing stable growth (Pages 8, 15).
Retail demand has been sluggish but is expected to revive, supporting overall revenue growth (Pages 8, 15).
Premiumization through brands like Senator and Luxe is planned to drive higher-value sales (Page 13).
Faucetware segment showed resilient 10% growth in Q4 FY25, indicating positive volume trends (Page 9).

2 more points management made on revenue & sales performance

Profitability & Margins

Cera Sanitaryware aims for revenue of Rs. 2,900 crore by FY27, contingent on market recovery and retail demand improving.
Management expects project business growth to continue, with project share around 40%, and retail stabilizing, which will support margin sustainability.
Margins are guided to remain in the 15%-16% range, supported by operational efficiencies and cost management.
Discounts are expected to stabilize or improve (reduce) going forward, aiding margin improvement.
The company anticipates outperforming market growth by 6%-7% once market conditions improve.
Profitability growth is expected to be sustainable, based on enhanced production overhead and marketing efficiency.

2 more points management made on profitability & margins

See what Cera Sanitaryware Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

FY25 CAPEX: Rs. 22.84 crore on manufacturing infrastructure, retail experience centers, IT/digital backbone, display enhancements, and brand initiatives supporting premiumization.
FY26 CAPEX guidance: Rs. 24 crore focused on routine investments and targeted brand development initiatives.
Sanitaryware CAPEX: Land purchased; construction CAPEX on hold, with decisions reviewed quarterly based on demand; no construction started as of March 31, 2025.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

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4₹1.7K Cr

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

As of the Q4 FY25 earnings call, there are no specific mentions of new fundraising through debt or equity.
The company has completed land acquisition for future capacity expansion but has currently put the construction CAPEX on hold, evaluating it quarterly based on demand.
No plans were stated to commence construction or raise funds for large-scale CAPEX at this time.

2 more points management made on fundraising & capital structure

See what Cera Sanitaryware Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Project business has been growing steadily, constituting about 40% of revenues in Q4 FY25, up from 30% two years ago.
The project pipeline remains strong, with confidence expressed in meeting growth targets as retail demand improves.
Deliveries in larger projects typically take place over 2-3 years, with about 50% happening in the first year and the remainder in the next year.
Real estate cycles typically span 3-4 years; projects started in FY21 or FY22 are nearing completion in FY25 or FY26.

2 more points management made on order book & pipeline

Cera Sanitaryware Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹644 Cr, net profit ₹77 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Cera Sanitary.'s management said in earlier quarters

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Frequently Asked Questions

What were Cera Sanitaryware Ltd Q4 FY25 results?

The Company aims for revenue of Rs. Cera Sanitaryware aims for revenue of Rs.

What is Cera Sanitaryware Ltd share price analysis?

Cera Sanitaryware Ltd currently shows a neutral. The stock trades at a P/E of 38.8 with a market cap of ₹8,118 Cr. Investors should review the full earnings analysis for detailed insights.

Is Cera Sanitaryware Ltd planning capital expenditure?

FY25 CAPEX: Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.