Friday, June 14, 2013


Cera is the third largest player in the Indian sanitaryware market after Hindustan Sanitaryware (HSIL) and Parryware (EID Parry).

Financial results for year 2012-13

  • Revenues of 487 cr and net profit of 46 cr
  • Dividend of Rs 4 up from Rs 3 as compared to last year
  • Company had performed pretty well in last 10 yr - CAGR Revenue of 28 % ,CAGR profit of 43% and ROE of 24
  • EPS was 36.51 up from 25.32 a year back (up 44.91%)
The stock had performed pretty well in the past. With the real estate sector going through a turmoil ,the company which is is dependant on construction activity can take a hit. But as per the latest results it looks like the company is not impacted till now. The same progress can keep the stock flaring up to further higher levels.

P.S: I am invested in this stock. Please do your due diligence before making your investment