Cera Sanitaryware Limited - Quarterly Results - Second Quarter (September 2014) - SALES UP 26% YoY; NPT Up 48% YoY

Cera Sanitaryware Limited

Quarterly Results

Second Quarter (September 2014)

CERA SANITARYWARE LTD has performed well in the second quarter ended September 2014. The results are in the table below :

Results Table :

Cera Sanitary ware	30-Sep-14	30-Jun-14	Dif% QoQ	30-Sep-13	Dif% YoY
Net Sales	19959.83	16233.29	22.96	15876.32	25.72
Total Expenditure	17540.58	14153.65	23.93	14260.51	23
Profit  before Interest, Dep. & Taxes	2419.25	2079.64	16.33	1615.81	49.72
Net Profit	1575.26	1363.22	15.55	1062.41	48.27
Diluted EPS	12.45	10.77	15.6	8.4	48.21
Total Income	19959.83	16233.29	22.96	15876.32	25.72
Changes in inventories	-669.33	-1003.75	-33.32	286.93	-333.27
Cost of materials	1735.72	1684.96	3.01	1509.61	14.98
stock-in-trade	8346.28	6110.53	36.59	5890.53	41.69
Employee benefits	2392.23	2279.15	4.96	1804.67	32.56
Depreciation	344.37	334.73	2.88	309.45	11.28
Other expenses	5391.31	4748.03	13.55	4459.32	20.9
Total expenses	17540.58	14153.65	23.93	14260.51	23
Profit before tax	2399.29	2078.03	15.46	1622.64	47.86
Tax Expenses	824.03	714.81	15.28	560.23	47.09
Net Profit	1575.26	1363.22	15.55	1062.41	48.27
Face Value	5	5	0	5	0
Paid-up Equity	632.74	632.74	0	632.74	0
Reserves	0	21764	-100	0
Basic EPS	12.45	10.77	15.6	8.4	48.21
Public holding (%)	43.83	43.83	0	44.25	-0.95

Net Sales amounts to Rs.1899.60    Cr in Q2 FY 15; against Rs. 162.33  Cr  in Q1 FY 15 and Rs.158.76  crQ2 FY 14.

Profit from Operation is Rs.24.19 cr against Rs.20.79 cr in Q1 FY 15 and Rs.16.16 Cr in Q2 FY 14.

Profit Before Tax is Rs.23.99 Cr against Rs.20.78 cr    In Q1 FY 15 and Rs.16.23   Cr in Q2 FY 14.

Profit after Tax is Rs.15.75   Cr against Rs.13.63   Cr in Q1 FY 15 and Rs.10.62   Cr in Q2 FY 15. Net Profit Growth at 48.27% YoY is impressive.

Current MP is Rs.1688 against FV of Rs.5. Current Q.EPA is Rs.12.45. So, annualized EPS is Rs.49.8. PE Ratio works out to 33.9

	Ex-Date		Purpose
	13-Aug-2014	:	DIVIDEND RS 5/- PER SHARE
	20-Jun-2013	:	DIVIDEND RS.4 PER EQUITY SHARE
	23-Aug-2012	:	DIVIDEND-RS.3/- PER SHARE
	11-Aug-2011	:	DIVIDEND-RS.2.50 PER SHARE
	02-Sep-2010	:	BONUS 1:1

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CERA SANITARYWARE LTD - RESULTS - FOR Q1 FY 2014-15 (JUNE 2014) - SALES UP28%; NET PROFIT UP 22%

CERA SAITARYWARE LIMITED

QUARTERLY RESULTS 

FOR Q1 FY 2014-15

JUNE 2014

CERA SANITARYWARE has declared decent results for Q1 FY 14-15 ending June 14.

Net Sales have grown 28.23 % YoY while Net Profit has grown 22%.

On a FV of Rs.5, the annualized EPS for Q1 comes to Rs.43.09.

CERA has chosen Ms.Sonam Kapoor as its Brand Ambassador recently.

RESULTS TABLE

CERA -in Crs	Jun '14	Mar '14	Dif% QoQ	Dec '13	Sep '13	Jun '13	Dif% YoY
Net Sales	162.33	218.19	-25.6	160.15	158.76	126.59	28.23
Other Income	1.38	1.92	-28.13	1.15	1.68	1.39	-0.72
Interest	1.39	1.69	-17.75	1.71	1.61	1.43	-2.8
PBT	20.78	32.51	-36.08	16.59	16.23	17.07	21.73
Tax	7.15	13.18	-45.75	5.83	5.6	5.89	21.39
Net Profit	13.63	19.34	-29.52	10.76	10.62	11.18	21.91
Equity	6.33	6.33	0	6.33	6.33	6.33	0
Diluted EPS	10.77	15.28	-29.52	8.5	8.4	8.84	21.83

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