Cera Sanitaryware reports flat numbers for Q4FY18

Cera Sanitaryware standalone revenue for the quarter came in at Rs. 360.9 crore, registering 10.9 per cent yoy increase.

The company's EBITDA for the quarter fell by 1.8 per cent yoy to Rs. 50.9 crore with a corresponding margin contraction of 182 bps. EBITDA margin for the quarter stood at 14.1 per cent.

The PAT for the quarter came in at Rs. 30.6 crore, yoy decline of 6.2 per cent.

In fiscal year 2018, Cera’s revenue increased 12.6 per cent yoy to Rs. 1,193 crore. While EBITDA for the year remained flat at Rs. 171 crore with corresponding margin contraction of 180 bps. EBITDA margin for full year stood at 14.3 per cent. However, the net profit for the period decreased marginally by 3.6 per cent to Rs. 100 crore.

Meanwhile, the stock of Cera responded negatively to this result. The stock for closed for the day at Rs. 3,097 per share, down by 3.8 per cent.