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SFP RESEARCH

14th Feb · SEBI-Registered Analyst

Cera Sanitaryware Ltd.

CERA
makes sanitaryware, faucets, and tiles, positioned in the mid‑to‑premium housing segment. ​ It benefits from housing, renovation, and shift from unorganized to branded products. ​ Asset‑light outsourcing and brand strength support high ROCE. ​ Risks are housing slowdown, input‑cost inflation, and increasing competition from larger building‑products players. ​

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