Cera Sanitaryware Ltd — earnings calls

Cera Sanitaryware reported Q1 FY27 revenue of Rs 486 crore, up 19.5% year-on-year, with growth driven mainly by volumes across both Sanitaryware and Faucetware segments. EBITDA margin declined to 10.1% from 13.1% a year earlier, which management attributed to one-time and transitional factors including a wage settlement provision, lower fixed-cost absorption from a single-kiln operation, and delayed pricing effects on project orders. Management reiterated its full-year revenue growth guidance of 18% to 20% and EBITDA margin guidance of 13.5% to 14% for FY27.

Cera Sanitaryware reported Q4 FY26 revenue of Rs 644 crore, up from Rs 578 crore in Q4 FY25, with EBITDA margin declining to 15.2% from 18.3% a year earlier due to elevated brass input costs and higher trade discounts. Management implemented price increases across sanitaryware and faucetware in March and April to offset input cost inflation, and outlined plans for FY27 including growth targets for the core business and the Senator and Polipluz brands. The company also discussed gas supply disruptions affecting the unorganized sector in Morbi and steps taken to internalize certain product categories.