Cera Sanitaryware Limited , a leading player in the sanitaryware industry, has announced its financial results for the first quarter, revealing a mixed performance with revenue growth but a slight decline in profitability.

Revenue Growth

The company reported a revenue of Rs 419.42 crore for Q1, marking a 5.38% increase from Rs 398.01 crore in the corresponding quarter of the previous year. This growth in revenue indicates a positive trend in the company's sales and market presence.

Profitability Metrics

Despite the increase in revenue, Cera Sanitaryware experienced a marginal decline in its profitability metrics:

• Net Profit: The company's net profit for Q1 stood at Rs 46.53 crore, down by 1.06% from Rs 47.05 crore in the same quarter last year.
• EBITDA: Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) decreased to Rs 55.10 crore from Rs 58.10 crore year-over-year.
• EBITDA Margin: The EBITDA margin compressed to 13.1% from 14.5% in the same quarter last year.

Financial Performance Overview

Other Key Highlights

• The Board of Directors approved the unaudited financial results at their meeting.
• The company's consolidated results show a similar trend, with revenue growth and a slight dip in profitability.
• Cera Sanitaryware maintains a strong balance sheet with a robust equity position.

Investors and analysts will be watching closely to see how the company addresses the profitability challenges while continuing to drive revenue growth in the coming quarters. The management's strategies to improve operational efficiency and maintain market share will be crucial in determining the company's performance for the rest of the fiscal year.

Cera Sanitaryware Limited , a prominent player in the sanitaryware industry, has announced the re-appointment of Mr. Ravi Bhamidipaty as an Independent Director for a second term. This decision, approved by the company's Board of Directors, marks a continuation of Mr. Bhamidipaty's tenure on the board.

Key Details of the Re-appointment

• Term: Three consecutive years
• Effective Date: August 4, 2025
• Approval Process: Recommended by the Nomination and Remuneration Committee
• Final Approval: Subject to shareholder approval

About Ravi Bhamidipaty

Mr. Ravi Bhamidipaty brings a wealth of experience and expertise to Cera Sanitaryware's board:

Professional Qualifications

• Chartered Accountant (CA)
• Company Secretary (CS)
• Chartered Financial Analyst (CFA)
• Cost and Works Accountant (ICWA)
• B.Com (Gold medalist)

Experience and Expertise

• Years of Experience: 40 years in various financial and management roles
• Areas of Expertise:
  • Corporate Finance
  • Debt Syndication
  • Equity Placement
  • Mergers and Acquisitions
  • Governance Risk & Control
  • Strategy and Planning

Career Highlights

• Previous Roles: Served as Chief Financial Officer at companies including Ashima, Sembawang, and Adani Port
• Current Occupation: Provides management and financial consultancy services

Additional Information

The re-appointment of Mr. Bhamidipaty aligns with Cera Sanitaryware's commitment to maintaining strong corporate governance. His extensive experience in finance, strategy, and governance is expected to continue providing valuable insights to the company's board.

Cera Sanitaryware Limited made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's shareholders will have the final say on this re-appointment in an upcoming meeting.