Cera Sanitaryware Limited (532443) Earnings Call Transcripts

Cera Sanitaryware Limited's Latest Earnings Call - Q4 FY2026

Cera Sanitaryware Limited reported a strong Q4 FY '26 with revenues of INR 644 crores, reflecting an 11.4% year-over-year growth, driven primarily by improved demand in the Sanitaryware and Faucetware segments. However, EBITDA declined to INR 98 crores, resulting in an EBITDA margin of 15.2%, down from 18.3% in the previous year, due to elevated input costs and trade discounts. Management provided an optimistic outlook for FY '27, projecting overall revenue growth of 18% to 20%, supported by volume increases and price adjustments.

Reported metrics

Guidance from management

Management expects overall revenue growth of 18% to 20% for FY '27, with Sanitaryware growing at 12% and Faucetware at 18%. They indicated that the retail and project business will stabilize at 60% and 40%, respectively.

What management said

Okay. In case of Senator and Polipluz, we generated revenue in the region of INR 10.5 crores in the full year FY '26. And in Polipluz, we generated something like INR 8.5 crores banks combined generated total revenue of INR 19 crores approximately. And for FY '27, we are projecting that Senator should be able to generate roughly INR 40 crores, INR 45 crores and the Poly would be in the range of INR 30 crores to INR 3...

In the current quarter, like there was a kind of loss if you take into account the kind of publicity expenses that we have been putting in. And going forward in the FY '27 also, we'll have a lot of publicity being carved out for this particular segment, if I exclude the publicity expenses, then we'll be making a small profit. But if I take in the publicity expenses also, then it will be a little -- maybe not current ...

What analysts pressed on

Analysts expressed concerns regarding the continued pressure on margins due to elevated input costs and trade discounts. There were also questions about the sustainability of the recent demand recovery and the impact of geopolitical factors on supply chains.

Main topics on the call

• Revenue Growth — Cera Sanitaryware achieved revenue growth of 11.4% year-over-year, with Sanitaryware and Faucetware contributing 46% and 43% of total revenues, respectively. Management noted, "this performance further builds on the earl...
• Margin Pressure — The company faced margin pressure with EBITDA margins declining to 15.2% due to higher input costs and trade discounts. Management stated, "margins remaining below our normal range, largely on account of higher input cos...
• Future Guidance — Management provided guidance for FY '27, expecting revenue growth of 18% to 20%, with Sanitaryware projected to grow at 12% and Faucetware at 18%. They indicated, "we expect that the proportion of retail and project shou...
• Pricing Strategy — The company implemented price increases of 4% in Sanitaryware and 11% in Faucetware to offset rising input costs. Management mentioned, "we have taken a price increase of 16% in the case of Sanitaryware and 11% in the ca...

Read the full Cera Sanitaryware Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Cera Sanitaryware Limited earnings call transcripts on record, spanning February 6, 2020 to August 8, 2026. Based on this history, Cera Sanitaryware Limited reports quarterly. The most recent call on file is dated August 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

532443

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Building Products

Calls on record

25

First call

February 6, 2020

Most recent

August 8, 2026

Reporting cadence

quarterly