Board Meeting Outcome

Cera Sanitaryware Limited's Board of Directors meeting held on 4th November 2026 considered and approved several items:

Financial Results Approval

  • Approved unaudited financial results for quarter and half year ended 30th September 2026
  • Results were reviewed by the Audit Committee on the same date (4th November 2026)

Management Appointments

  • Re-appointment of Mr. Vikram Somany (DIN: 00048827) as Chairman and Managing Director for 5 years effective 1st July 2027, subject to shareholder approval
  • Re-appointment of Mr. Anandh Sundar (DIN: 10409065) as Independent Director for second term of five years effective 12th February 2027, subject to shareholder approval
  • Approved Postal Ballot Notice containing Special Resolutions for seeking member approval through remote e-voting for both director reappointments

Meeting Details

  • Meeting commenced at 11:40 a.m. and concluded at 12:15 p.m.
  • Disclosure made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015

Financial Results Summary

Quarterly Performance (Q2 FY27)

  • Revenue from Operations: ₹602.96 crore (vs ₹485.98 crore in Q1 FY27, ₹473.41 crore in Q2 FY26)
  • Other Income: ₹10.89 crore
  • Total Income: ₹613.85 crore
  • Profit Before Tax: ₹73.02 crore
  • Net Profit: ₹56.14 crore
  • Basic and Diluted EPS: ₹43.52

Half-Year Performance (H1 FY27)

  • Revenue from Operations: ₹1,088.94 crore (vs ₹880.21 crore in H1 FY26)
  • Other Income: ₹32.18 crore
  • Total Income: ₹1,121.12 crore
  • Profit Before Tax: ₹132.83 crore
  • Net Profit: ₹101.45 crore
  • Basic and Diluted EPS: ₹78.66

Comparative Figures

  • Previous year ended 31st March 2026: Revenue ₹1,988.21 crore, Net Profit ₹204.19 crore, EPS ₹158.31

Balance Sheet Highlights (as at 30th September 2026)

  • Total Assets: ₹20,043.27 lakh
  • Equity Share Capital: ₹6.45 crore (unchanged)
  • Other Equity: ₹14,634.00 lakh
  • Total Equity: ₹14,698.49 lakh
  • Non-current liabilities: ₹12.63 crore
  • Current liabilities: ₹39.82 crore

Cash Flow Statement (H1 FY27)

  • Net cash from operating activities: ₹142.76 crore
  • Net cash used in investing activities: ₹25.54 crore
  • Net cash used in financing activities: ₹106.51 crore
  • Net increase in cash & cash equivalents: ₹10.70 crore
  • Closing cash balance: ₹21.28 crore

Notes to Financial Results

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Company operates mainly in "Building Products" segment with substantially domestic sales
  • During FY26, company recognized ₹7.81 crore exceptional item for incremental liabilities towards past service cost relating to gratuity and leave benefits due to implementation of New Labour Codes
  • Statutory auditors (Singhi & Co.) conducted limited review and issued unmodified review report

Director Profiles

Mr. Vikram Somany

  • Chairman & Managing Director and Promoter since 2002
  • Holds B.Sc. degree and Fellow member of Chartered Management Institute FCMI (UK)
  • 50+ years experience, instrumental in making CERA prominent brand in sanitaryware and faucetware industries
  • Father of Mrs. Deepshikha Khaitan, Vice Chairman and Joint Managing Director

Mr. Anandh Sundar

  • Chartered Accountant (rank holder) and MBA from IIM Ahmedabad
  • 15+ years experience in corporate finance, strategy, fund raising, project management, risk management, and internal audit
  • Currently advises founders and boards of technology-led and early-stage companies