Cera Sanitaryware Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth of 18% in Q3 2023 versus Q3 2022 indicates strong market demand.
Net profit increased significantly in the latest quarter, pointing to effective cost management.
Operating profit margin improved, showcasing better operational efficiency compared to previous quarters.

NEGATIVES

Profit decreased by 12% in Q4 2023 compared to Q3, indicating potential volatility.
Expenses rose sharply, impacting overall profitability despite revenue growth.
Tax rate increased in the latest quarter, which could affect net earnings moving forward.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	428.63	463.06	438.92	548.80	400.71	492.56	452.34	580.55	422.19
Expenses	358.24	386.59	377.48	453.84	342.65	420.46	390.79	472.41	367.09
Operating Profit	70.40	76.47	61.45	94.95	58.06	72.10	61.54	108.14	55.09
Other Income	15.28	12.53	15.97	15.73	15.91	17.76	11.71	15.14	18.14
Interest	1.33	1.37	1.57	1.55	1.26	2.63	1.92	1.69	1.53
Depreciation	8.32	8.91	9.66	9.67	8.96	10.71	10.35	10.64	9.51
Profit Before Tax	76.02	77.17	66.19	99.47	63.74	76.52	60.98	109.45	62.19
Tax	19.32	19.78	14.66	23.77	16.28	7.91	14.62	23.18	15.14
Net Profit	56.70	57.39	51.52	75.70	47.46	68.61	46.37	86.27	47.05
Eps in Rs	43.27	43.75	39.12	57.62	36.18	52.37	35.52	66.39	36.10