Cera Sanitaryware Limited (CERA) - Net Assets
Based on the latest financial reports, Cera Sanitaryware Limited (CERA) has net assets worth Rs13.71 Billion INR (≈ $148.22 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.14 Billion ≈ $196.14 Million USD) and total liabilities (Rs4.43 Billion ≈ $47.92 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Cera Sanitaryware Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.71 Billion |
| % of Total Assets | 75.57% |
| Annual Growth Rate | 21.13% |
| 5-Year Change | 54.88% |
| 10-Year Change | 212.84% |
| Growth Volatility | 14.97 |
Cera Sanitaryware Limited - Net Assets Trend (2003–2025)
This chart illustrates how Cera Sanitaryware Limited's net assets have evolved over time, based on quarterly financial data. Also explore Cera Sanitaryware Limited (CERA) total assets for the complete picture of this company's asset base.
Annual Net Assets for Cera Sanitaryware Limited (2003–2025)
The table below shows the annual net assets of Cera Sanitaryware Limited from 2003 to 2025. For live valuation and market cap data, see market value of Cera Sanitaryware Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs13.68 Billion ≈ $147.98 Million |
+0.72% |
| 2024-03-31 | Rs13.59 Billion ≈ $146.92 Million |
+14.81% |
| 2023-03-31 | Rs11.83 Billion ≈ $127.96 Million |
+14.95% |
| 2022-03-31 | Rs10.29 Billion ≈ $111.32 Million |
+16.52% |
| 2021-03-31 | Rs8.83 Billion ≈ $95.54 Million |
+13.49% |
| 2020-03-31 | Rs7.78 Billion ≈ $84.18 Million |
+9.44% |
| 2019-03-31 | Rs7.11 Billion ≈ $76.92 Million |
+16.15% |
| 2018-03-31 | Rs6.12 Billion ≈ $66.23 Million |
+12.93% |
| 2017-03-31 | Rs5.42 Billion ≈ $58.64 Million |
+23.97% |
| 2016-03-31 | Rs4.37 Billion ≈ $47.30 Million |
+24.36% |
| 2015-03-31 | Rs3.52 Billion ≈ $38.04 Million |
+57.03% |
| 2014-03-31 | Rs2.24 Billion ≈ $24.22 Million |
+24.77% |
| 2013-03-31 | Rs1.80 Billion ≈ $19.41 Million |
+28.97% |
| 2012-03-31 | Rs1.39 Billion ≈ $15.05 Million |
+24.76% |
| 2011-03-31 | Rs1.12 Billion ≈ $12.06 Million |
+26.03% |
| 2010-03-31 | Rs885.15 Million ≈ $9.57 Million |
+25.34% |
| 2009-03-31 | Rs706.19 Million ≈ $7.64 Million |
+20.07% |
| 2008-03-31 | Rs588.17 Million ≈ $6.36 Million |
+23.27% |
| 2007-03-31 | Rs477.14 Million ≈ $5.16 Million |
+68.82% |
| 2006-03-31 | Rs282.63 Million ≈ $3.06 Million |
+23.34% |
| 2005-03-31 | Rs229.15 Million ≈ $2.48 Million |
+7.49% |
| 2004-03-31 | Rs213.18 Million ≈ $2.31 Million |
+5.74% |
| 2003-03-31 | Rs201.62 Million ≈ $2.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cera Sanitaryware Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4190.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.50 Billion | 55.39% |
| Common Stock | Rs64.49 Million | 0.48% |
| Other Comprehensive Income | Rs13.47 Billion | 99.52% |
| Total Equity | Rs13.54 Billion | 100.00% |
Cera Sanitaryware Limited Competitors by Market Cap
The table below lists competitors of Cera Sanitaryware Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADITYA VISION LTD
NSE:AVL
|
$732.65 Million |
|
Finnair Oyj
HE:FIA1S
|
$732.74 Million |
|
Tropicana Corporation Bhd
KLSE:5401
|
$732.95 Million |
|
China Fortune Land Development Co Ltd
SHG:600340
|
$733.06 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
$732.50 Million |
|
Pexip Holding ASA
OL:PEXIP
|
$732.20 Million |
|
Koppers Holdings Inc
NYSE:KOP
|
$732.16 Million |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
$731.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cera Sanitaryware Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,457,868,000 to 13,535,818,000, a change of 77,950,000 (0.6%).
- Net income of 2,464,799,000 contributed positively to equity growth.
- Dividend payments of 780,352,000 reduced retained earnings.
- Share repurchases of 1,646,600,000 reduced equity.
- Other comprehensive income increased equity by 7,312,137,001.
- Other factors decreased equity by 7,272,034,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.46 Billion | +18.21% |
| Dividends Paid | Rs780.35 Million | -5.77% |
| Share Repurchases | Rs1.65 Billion | -12.16% |
| Other Comprehensive Income | Rs7.31 Billion | +54.02% |
| Other Changes | Rs-7.27 Billion | -53.72% |
| Total Change | Rs- | 0.58% |
Book Value vs Market Value Analysis
This analysis compares Cera Sanitaryware Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 199.79x to 5.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs26.29 | Rs5252.60 | x |
| 2007-03-31 | Rs36.69 | Rs5252.60 | x |
| 2008-03-31 | Rs45.22 | Rs5252.60 | x |
| 2009-03-31 | Rs54.30 | Rs5252.60 | x |
| 2010-03-31 | Rs68.06 | Rs5252.60 | x |
| 2011-03-31 | Rs85.77 | Rs5252.60 | x |
| 2012-03-31 | Rs107.01 | Rs5252.60 | x |
| 2013-03-31 | Rs138.02 | Rs5252.60 | x |
| 2014-03-31 | Rs172.20 | Rs5252.60 | x |
| 2015-03-31 | Rs277.35 | Rs5252.60 | x |
| 2016-03-31 | Rs323.68 | Rs5252.60 | x |
| 2017-03-31 | Rs399.87 | Rs5252.60 | x |
| 2018-03-31 | Rs465.65 | Rs5252.60 | x |
| 2019-03-31 | Rs538.92 | Rs5252.60 | x |
| 2020-03-31 | Rs592.61 | Rs5252.60 | x |
| 2021-03-31 | Rs670.26 | Rs5252.60 | x |
| 2022-03-31 | Rs780.53 | Rs5252.60 | x |
| 2023-03-31 | Rs901.62 | Rs5252.60 | x |
| 2024-03-31 | Rs1034.75 | Rs5252.60 | x |
| 2025-03-31 | Rs1045.61 | Rs5252.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cera Sanitaryware Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.41%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.38x
- Recent ROE (18.21%) is above the historical average (17.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.04% | 3.42% | 0.78x | 2.63x | Rs-5.97 Million |
| 2004 | 7.56% | 3.18% | 0.85x | 2.79x | Rs-5.21 Million |
| 2005 | 10.44% | 3.92% | 0.94x | 2.83x | Rs998.80K |
| 2006 | 20.87% | 7.38% | 0.99x | 2.87x | Rs30.73 Million |
| 2007 | 19.00% | 8.50% | 0.87x | 2.56x | Rs42.95 Million |
| 2008 | 17.09% | 7.85% | 0.87x | 2.51x | Rs41.67 Million |
| 2009 | 18.56% | 8.22% | 0.97x | 2.33x | Rs60.47 Million |
| 2010 | 22.16% | 10.25% | 1.00x | 2.16x | Rs107.60 Million |
| 2011 | 23.79% | 10.92% | 1.02x | 2.14x | Rs153.85 Million |
| 2012 | 23.02% | 10.03% | 1.08x | 2.12x | Rs181.18 Million |
| 2013 | 25.74% | 9.47% | 1.29x | 2.12x | Rs282.56 Million |
| 2014 | 23.18% | 7.82% | 1.46x | 2.02x | Rs295.09 Million |
| 2015 | 19.24% | 8.24% | 1.28x | 1.83x | Rs324.94 Million |
| 2016 | 19.83% | 8.94% | 1.16x | 1.91x | Rs413.66 Million |
| 2017 | 19.08% | 9.86% | 1.03x | 1.89x | Rs472.01 Million |
| 2018 | 17.04% | 8.76% | 1.13x | 1.73x | Rs426.15 Million |
| 2019 | 16.42% | 8.56% | 1.13x | 1.70x | Rs450.32 Million |
| 2020 | 14.69% | 9.35% | 0.99x | 1.58x | Rs361.80 Million |
| 2021 | 11.56% | 8.23% | 0.89x | 1.58x | Rs136.00 Million |
| 2022 | 14.88% | 10.48% | 0.93x | 1.53x | Rs495.81 Million |
| 2023 | 17.86% | 11.61% | 1.08x | 1.43x | Rs921.41 Million |
| 2024 | 17.76% | 12.72% | 1.02x | 1.37x | Rs1.04 Billion |
| 2025 | 18.21% | 12.41% | 1.07x | 1.38x | Rs1.11 Billion |
Industry Comparison
This section compares Cera Sanitaryware Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,938,625,903
- Average return on equity (ROE) among peers: 13.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cera Sanitaryware Limited (CERA) | Rs13.71 Billion | 7.04% | 0.32x | $732.50 Million |
| Ahlada Engineers Limited (AHLADA) | $128.29 Million | 17.65% | 2.34x | $6.34 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.07 Billion | 9.31% | 0.57x | $214.97 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.23 Billion | 9.18% | 1.03x | $4.43 Million |
| Beardsell Limited (BEARDSELL) | $709.61 Million | 11.59% | 1.26x | $11.03 Million |
| Bigbloc Construction Limited (BIGBLOC) | $1.09 Billion | 28.25% | 1.70x | $74.03 Million |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $3.96 Billion |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $548.14 Million |
| Everest Industries Limited (EVERESTIND) | $2.50 Billion | 21.15% | 1.09x | $65.00 Million |
| Exxaro Tiles Limited (EXXARO) | $1.21 Billion | 9.33% | 2.21x | $33.72 Million |
About Cera Sanitaryware Limited
Cera Sanitaryware Limited manufactures, sells, and trades in building material products in India. The company offers sanitaryware comprising toilets, wash basins, cistern, seat covers, and fittings; faucets, showers, health faucets, and accessories; floor and wall tiles; shower partitions; kitchen sinks; and vanity cabinets and mirrors under the Senator, CERA Luxe, and CERA brands. It also export… Read more