Cera Sanitaryware - Vista Of Better Times Ahead: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.We are positive on Cera Sanitaryware Ltd. post our recent interaction with its management and continue to believe the company will be a significant beneficiary of the pick-up in demand from housing segment seen post pandemic. Cera Sanitaryware continues to focus on its two major product categories, viz. sanitaryware and faucetware, and has indicated expansion plans in both these segments to be finalised over the next one-two quarters.Management stated demand outlook remains robust and continues to be hopeful of doubling the turnover over the next four years with sustained operating margins of ~14-15%. Company indicated that if raw material cost increases in sanitaryware and faucetware persist, the same would be passed on with requisite price hikes. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Cera Sanitaryware - Vista Of Better Times Ahead: ICICI Securities

Cera Sanitaryware - Vista Of Better Times Ahead: ICICI Securities

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