Cera Sanitaryware reported a decline in consolidated earnings for the quarter ended March 31, 2026, impacted by weaker operating performance and margin contraction. Revenue from operations rose 11.39% year-on-year (YoY) to ₹643.82 crore from ₹577.97 crore, while net profit declined 9.63% YoY to ₹77.34 crore from ₹85.58 crore.
Total income for the quarter stood at ₹650.10 crore compared to ₹593.74 crore in the corresponding quarter last year. Total expenses increased to ₹557.25 crore from ₹484.17 crore, driven by higher raw material, employee and other operational costs.
At the operating level, EBITDA stood at ₹97.92 crore for the quarter, compared to ₹105.58 crore in the year-ago period, registering a decline of 7.26%. EBITDA margin contracted to 15.21% from 18.27%, reflecting pressure on profitability despite higher revenue.
Finance costs declined to ₹1.41 crore from ₹1.60 crore, while depreciation and amortisation expense stood at ₹9.94 crore compared to ₹10.18 crore a year ago.
Profit before tax stood at ₹103.51 crore compared to ₹108.07 crore in the corresponding quarter last year. Earnings per share (EPS) came in at ₹59.96 versus ₹66.36 in the year-ago quarter.
The Board has recommended a dividend of ₹75 per fully paid-up equity share of face value ₹5 each, translating to a 1500% payout for the financial year ended March 31, 2026. The dividend, if approved by shareholders at the ensuing Annual General Meeting, will be dispatched or remitted within 30 days from the date of declaration.
Cera Sanitaryware is engaged in manufacturing and marketing sanitaryware, faucets, tiles and wellness products across the building materials and home improvement segments.
Overall, the company reported healthy revenue growth during the March quarter, although rising operating expenses weighed on margins and profitability.