Cera Sanitaryware Limited has announced a robust start to FY27, with revenue from operations growing by 19.5% year-on-year to INR 486 crore in the first quarter. Both the Sanitaryware and Faucetware segments contributed significantly to this growth. The company maintained its revenue growth guidance of 18% to 20% for the full fiscal year, supported by positive demand and strategic initiatives.
Cera Sanitaryware Reports Strong Q1 FY27 Performance
Cera Sanitaryware Limited has posted a strong performance for the first quarter of FY27 (ended June 30, 2026), with total revenue from operations reaching INR 486 crore, a significant increase of 19.5% compared to INR 407 crore in Q1 FY25. The company highlighted that this growth was predominantly volume-driven, with healthy traction observed in both the project and retail segments.
Segmental Performance and Outlook
The Sanitaryware business contributed 47% of the revenue, growing by 14%, while the Faucetware segment accounted for 40%, experiencing a growth of 25%. Tiles contributed 11%, and the Wellness segment declined by 7%. The core categories of Sanitaryware and Faucetware together represented 87% of the total revenues. The company reiterated its full-year revenue growth guidance of 18% to 20%, expressing confidence in sustaining growth momentum supported by improving demand conditions and strategic investments.
Financial Highlights and Strategy
Profit after tax for the quarter stood at INR 45 crore, compared to INR 47 crore in the corresponding quarter of the previous year. EBITDA margins were reported at 10.1%, a moderation from 13.1% in Q1 FY26, attributed to certain one-time and transitional factors expected not to recur beyond Q2. The company plans a capital expenditure outlay of approximately INR 43 crore for FY27, focusing on Faucetware capacity expansion, manufacturing efficiencies, and digital initiatives. Additionally, a comprehensive brand-building program with an investment of approximately INR 85 crore is planned for the year.
Future Guidance
Cera Sanitaryware is projecting full-year EBITDA margins in the range of 13.5% to 14%. The company is closely monitoring raw material price trends, particularly brass, and evaluating the need for further price adjustments. Management also discussed plans for expanding its greenfield sanitaryware capacity and is reviewing its shelved expansion plans based on sustained demand growth.
Source: BSE