Reliance Securities: Cera Sanitaryware - A Quality Play In Building Materials Space  
Bathroom in a private suite of Pallazzo Fendi in Rome, Italy (Photographer: Alessa Pierdomenico/Bloomberg)

Reliance Securities: Cera Sanitaryware - A Quality Play In Building Materials Space  

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.

Reliance Securities Report

Cera Sanitaryware Ltd. is one of the leading building material companies in India having pan-India presence.

It enjoys over approximately 12% market share in sanitaryware business with strong positioning in faucetware and tiles business.

It continues to focus on offering innovative products to create a niche position, particularly in premium segment.

The company has expanded its annual sanitaryware capacity from 2 million to 2.7 million pieces in FY11 to over 3.6 million pieces as of FY20-end.

Click on the attachment to read the full report:

Reliance Securiites Cera Sanitaryware Initiating Coverage.pdf

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