Cera Sanityware's bottom line increases in Q3FY16

Cera Sanityware declared its Q3FY16. The company's revenue increased by 11.58 per cent to Rs 234 crore in Q3FY16 as compared to the same period in previous financial year. Its total expenditure increased by 10.11 per cent to Rs 198 crore in Q3FY16 on a yearly basis.

Cera Sanitywares' EBITDA rose by 20.5 per cent to Rs 35.74 crore in Q3FY16 as compared to the same period in previous fiscal year. The company's EBITDA margin expanded by 113 basis points to 15.3 per cent in Q3FY16 on a yearly basis. It’s PAT also increased by 24.32 per cent to Rs 20 crore in Q3FY16 as compared to same period in previous financial year. Cera Sanityware's PAT margin expanded by 88 basis points to 8.6 per cent in Q3FY16 on a yearly basis.

Considering nine month financials, Cera Sanityware earned 653 crore revenue in 9MFY16 with a growth of 14.33 per cent on a yearly basis. The company's EBITDA too increased by 14.38 per cent to Rs 93 crore in 9MFY16 as compared to the same period in previous financial year. It’s PAT also increased by 17.81 per cent to Rs 53.65 crore in 9MFY16 on a yearly basis.

The share price of Cera Sanityware declined by 1.48 per cent on bourses in early trades; and is trading at Rs 1725.6 on an intraday basis.

Cera Sanitaryware offers home solutions. The company is engaged in providing a range of bath solutions. It markets products, such as kitchen sinks and mirrors, besides products, such as shower cubicles, shower panels, steam cubicles, whirlpools; and imports and markets wellness range under the brand name CERA. Cera Sanityware also offers an array of stylish wall and floor tiles. The range includes digital wall tiles with matching floor tiles; digital glazed vitrified tiles, and vitrified tiles with nano technology.