Cera's 10.13% operating margin trails sector median in Q1FY27
Standalone net profit was Rs 45.31 cr, while Rs 21.29 cr of other income contributed to reported profit.
Filed 07 Aug 2026, 12:17 IST · Cera Sanitaryware Ltd (CERA)
Key takeaways
- Cera Sanitaryware reported standalone net profit of Rs 45.31 cr in Q1FY27, with EPS at Rs 35.13.
- Operating margin was 10.13%, 2.98 percentage points below the 13.11% median for 122 Consumer Discretionary peers that have reported.
- Profit included Rs 21.29 cr of other income against operating profit of Rs 49.22 cr.
Price around the results
Standalone profit included a sizeable non-operating contribution
Cera Sanitaryware reported standalone operating profit of Rs 49.22 cr and net profit of Rs 45.31 cr in Q1FY27. Other income of Rs 21.29 cr contributed to profit before tax of Rs 59.81 cr, so reported earnings included a material non-operating component. Interest was Rs 1.27 cr and depreciation was Rs 9.42 cr.
Operating margin lagged the Consumer Discretionary peer median
Cera's operating margin was 10.13%, compared with a 13.11% median among 122 Consumer Discretionary peers that have reported the same quarter. The company was 2.98 percentage points below that median and ranked 42nd from the bottom. With no sequential or year-on-year driver data, the quarter does not show whether revenue growth or cost growth caused the margin position.
No quarter-on-quarter or year-on-year direction is available
The reported standalone figures provide a Q1FY27 snapshot, but no sequential or year-on-year comparison is available here. There is also no multi-quarter trend to establish whether the 10.13% operating margin represents an improvement or a continuation of a prior move. The results were filed on 7 August 2026 at 12:17 IST, before the market close.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹486 cr |
| Other income | ₹21 cr |
| Expenses | ₹437 cr |
| Operating profit | ₹49 cr |
| Operating margin (%) | 10.13% |
| Interest | ₹1 cr |
| Depreciation | ₹9 cr |
| Profit before tax | ₹60 cr |
| Tax | ₹15 cr |
| Net profit | ₹45 cr |
| EPS (₹) | ₹35.13 |
Operating margin of 10.13% compares with a Consumer Discretionary sector median of 13.11% across 122 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves above or below 10.13% next quarter.
- Whether other income remains near Rs 21.29 cr.
- Whether EPS stays near Rs 35.13.