11/5/2026, 12:47:01 pm

Cera Sanitaryware target revised to Rs 7429, says Prabhudas Lilladher

Prabhudas Lilladher maintain our 'BUY' rating for Cera Sanitaryware (CRS). The company reported double-digit revenue growth in Q4FY26, guiding for an 18-20% revenue growth in FY27. With price hikes, EBITDA margin is expected to remain stable at 14-15% in FY27. Prabhudas Lilladher upgrade FY27/FY28 earnings estimates, maintaining a target price of INR 7,429 (based on 30x Mar'28 earnings).