Cera Sanitaryware Q2 FY27 Results: Standalone Net Profit ₹56.14 Crore on Total Income of ₹614 Crore
- Earnings
- Building products (sanitaryware)
Reviewed byKeshav SehgalBlacklitt Research
Cera Sanitaryware (NSE: CERA) reported standalone total income of ₹613.85 crore and net profit of ₹56.14 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026. The results are unaudited and were approved by the Board on 4 Nov 2026.
Key highlights
Standalone
The company on its own, without its subsidiaries
- Total income: ₹613.85 crore, up 25.3% YoY and 21.0% QoQ
- Net profit and EPS: ₹56.14 crore, down 0.9% YoY and up 23.9% QoQ; basic EPS ₹43.52
- Other income: ₹10.89 crore, down 34.2% YoY and 48.8% QoQ
- Exceptional item: ₹7.81 crore in the year ended 31 Mar 2026, not in the quarter's figures
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 613.85 | 489.97 | +25.3% | 507.27 | +21.0% | |
| Revenue from operations | 602.96 | 473.41 | +27.4% | 485.98 | +24.1% |
| Other income | 10.89 | 16.56 | -34.2% | 21.29 | -48.8% |
| 56.14 | 56.65 | -0.9% | 45.31 | +23.9% | |
| Profit before tax | 73.02 | 72.23 | +1.1% | 59.81 | +22.1% |
| Finance costs | 1.38 | 1.64 | -15.8% | 1.27 | +8.9% |
| Depreciation | 9.77 | 9.83 | -0.6% | 9.42 | +3.6% |
| Tax expense | 16.88 | 15.59 | +8.3% | 14.50 | +16.4% |
| Net profit margin | 9.14% | 11.56% | -2.42 pp | 8.93% | +0.21 pp |
| EPS, basic (₹) | 43.52 | 43.92 | -0.9% | 35.13 | +23.9% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Income grew faster than profit this quarter. Revenue from operations rose 27.4% YoY, while net profit fell 0.9% YoY, and profit before tax rose only 1.1%. Tax expense rose 8.3% YoY to ₹16.88 crore, which is 23.1% of profit before tax of ₹73.02 crore.
Other income fell to ₹10.89 crore, 14.9% of profit before tax, from ₹16.56 crore a year earlier. Finance costs of ₹1.38 crore are only 0.2% of total income, so borrowing is a small line in this quarter's statement.
Against the previous quarter, net profit rose 23.9%, a little ahead of the 21.0% rise in total income. The net profit margin was 9.14%, against 11.56% in Q2 FY26 and 8.93% in Q1 FY27.
The notes say the company recognised ₹7.81 crore of estimated liabilities for gratuity and leave past service cost after the New Labour Codes took effect on 21 Nov 2025, shown under exceptional items for the year ended 31 Mar 2026. The company continues to monitor the rules and may account for any additional impact.
The auditors, Singhi & Co., issued an unmodified limited review report on the quarter and half year. The company operates mainly in building products and reports no separate segments. Dividends paid in the half year ended 30 Sep 2026 totalled ₹96.71 crore.
Inference
The filing reports the Board's approval of re-appointments of Vikram Somany as Chairman and Managing Director for five years from 1 Jul 2027, and of Anandh Sundar as Independent Director for a second five-year term from 12 Feb 2027, both subject to member approval through a postal ballot. The cut-off date and e-voting period have not yet been announced.
The filing does not say whether the Labour Code rules will bring further liabilities, and it does not give a reason for the exceptional item's absence from the current quarter's figures.
Filed with BSE on . Reference: Original filing (PDF)
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