Cera Sanitaryware Ltd
NSE:CERA
Income Statement
Earnings Waterfall
Cera Sanitaryware Ltd
Revenue
|
18.6B
INR
|
Cost of Revenue
|
-8.6B
INR
|
Gross Profit
|
10B
INR
|
Operating Expenses
|
-7.4B
INR
|
Operating Income
|
2.6B
INR
|
Other Expenses
|
-334.8m
INR
|
Net Income
|
2.3B
INR
|
Income Statement
Cera Sanitaryware Ltd
Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 259
N/A
|
2 430
+8%
|
2 568
+6%
|
2 732
+6%
|
2 946
+8%
|
3 194
+8%
|
3 453
+8%
|
3 834
+11%
|
4 301
+12%
|
4 879
+13%
|
5 239
+7%
|
5 713
+9%
|
6 035
+6%
|
6 637
+10%
|
6 994
+5%
|
7 403
+6%
|
7 894
+7%
|
8 217
+4%
|
2 818
-66%
|
6 142
+118%
|
9 346
+52%
|
13 515
+45%
|
13 409
-1%
|
13 379
0%
|
13 428
+0%
|
12 237
-9%
|
10 985
-10%
|
10 932
0%
|
10 838
-1%
|
12 243
+13%
|
13 015
+6%
|
13 714
+5%
|
14 601
+6%
|
14 458
-1%
|
16 056
+11%
|
16 275
+1%
|
16 809
+3%
|
18 033
+7%
|
18 352
+2%
|
18 823
+3%
|
18 634
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(877)
|
(987)
|
(1 059)
|
(1 129)
|
(1 240)
|
(1 350)
|
(1 468)
|
(1 678)
|
(1 959)
|
(2 370)
|
(2 592)
|
(2 911)
|
(3 105)
|
(3 640)
|
(3 511)
|
(3 680)
|
(3 947)
|
(4 479)
|
(1 181)
|
(2 660)
|
(4 069)
|
(6 967)
|
(6 027)
|
(6 038)
|
(6 171)
|
(6 418)
|
(5 122)
|
(5 276)
|
(5 429)
|
(6 924)
|
(6 492)
|
(6 792)
|
(6 936)
|
(7 691)
|
(7 811)
|
(7 704)
|
(7 947)
|
(8 246)
|
(8 337)
|
(8 685)
|
(8 607)
|
|
Gross Profit |
1 382
N/A
|
1 442
+4%
|
1 509
+5%
|
1 604
+6%
|
1 706
+6%
|
1 844
+8%
|
1 985
+8%
|
2 155
+9%
|
2 343
+9%
|
2 509
+7%
|
2 647
+6%
|
2 802
+6%
|
2 929
+5%
|
2 997
+2%
|
3 484
+16%
|
3 722
+7%
|
3 948
+6%
|
3 738
-5%
|
1 638
-56%
|
3 482
+113%
|
5 277
+52%
|
6 549
+24%
|
7 383
+13%
|
7 341
-1%
|
7 257
-1%
|
5 819
-20%
|
5 863
+1%
|
5 656
-4%
|
5 409
-4%
|
5 319
-2%
|
6 523
+23%
|
6 922
+6%
|
7 665
+11%
|
6 768
-12%
|
8 245
+22%
|
8 571
+4%
|
8 862
+3%
|
9 787
+10%
|
10 016
+2%
|
10 138
+1%
|
10 028
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(995)
|
(1 051)
|
(1 124)
|
(1 202)
|
(1 290)
|
(1 388)
|
(1 496)
|
(1 600)
|
(1 726)
|
(1 850)
|
(1 952)
|
(2 110)
|
(2 245)
|
(2 169)
|
(2 620)
|
(2 778)
|
(2 920)
|
(2 705)
|
(1 327)
|
(2 762)
|
(4 159)
|
(4 840)
|
(5 729)
|
(5 762)
|
(5 723)
|
(4 535)
|
(4 916)
|
(4 733)
|
(4 507)
|
(4 133)
|
(5 145)
|
(5 338)
|
(5 842)
|
(4 802)
|
(5 855)
|
(6 159)
|
(6 355)
|
(7 183)
|
(7 344)
|
(7 388)
|
(7 425)
|
|
Selling, General & Administrative |
(302)
|
(323)
|
(343)
|
(368)
|
(400)
|
(431)
|
(471)
|
(508)
|
(542)
|
(580)
|
(614)
|
(656)
|
(703)
|
(1 813)
|
(805)
|
(864)
|
(912)
|
(2 259)
|
(398)
|
(804)
|
(1 211)
|
(4 101)
|
(1 668)
|
(1 683)
|
(1 700)
|
(3 716)
|
(1 618)
|
(1 572)
|
(1 504)
|
(3 352)
|
(1 651)
|
(1 759)
|
(1 900)
|
(4 092)
|
(1 978)
|
(2 053)
|
(2 093)
|
(2 147)
|
(2 226)
|
(2 254)
|
(2 282)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(63)
|
(65)
|
(69)
|
(73)
|
(74)
|
(77)
|
(80)
|
(81)
|
(89)
|
(94)
|
(101)
|
(112)
|
(120)
|
(122)
|
(128)
|
(131)
|
(139)
|
(155)
|
(62)
|
(131)
|
(200)
|
(280)
|
(309)
|
(335)
|
(362)
|
(388)
|
(393)
|
(397)
|
(401)
|
(396)
|
(376)
|
(358)
|
(354)
|
(324)
|
(299)
|
(300)
|
(291)
|
(326)
|
(334)
|
(341)
|
(352)
|
|
Other Operating Expenses |
(631)
|
(662)
|
(713)
|
(762)
|
(815)
|
(879)
|
(945)
|
(1 012)
|
(1 095)
|
(1 175)
|
(1 237)
|
(1 342)
|
(1 421)
|
(225)
|
(1 687)
|
(1 783)
|
(1 869)
|
(282)
|
(866)
|
(1 827)
|
(2 748)
|
(446)
|
(3 753)
|
(3 745)
|
(3 661)
|
(415)
|
(2 905)
|
(2 764)
|
(2 602)
|
(373)
|
(3 117)
|
(3 221)
|
(3 588)
|
(366)
|
(3 578)
|
(3 806)
|
(3 971)
|
(4 696)
|
(4 784)
|
(4 793)
|
(4 790)
|
|
Operating Income |
387
N/A
|
392
+1%
|
385
-2%
|
402
+4%
|
417
+4%
|
457
+10%
|
489
+7%
|
555
+14%
|
617
+11%
|
659
+7%
|
695
+6%
|
693
0%
|
685
-1%
|
828
+21%
|
864
+4%
|
944
+9%
|
1 027
+9%
|
1 032
+0%
|
311
-70%
|
720
+132%
|
1 118
+55%
|
1 709
+53%
|
1 653
-3%
|
1 579
-4%
|
1 534
-3%
|
1 283
-16%
|
947
-26%
|
923
-3%
|
902
-2%
|
1 186
+32%
|
1 378
+16%
|
1 584
+15%
|
1 823
+15%
|
1 966
+8%
|
2 390
+22%
|
2 413
+1%
|
2 507
+4%
|
2 604
+4%
|
2 671
+3%
|
2 750
+3%
|
2 603
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(26)
|
(27)
|
(7)
|
(15)
|
(28)
|
(40)
|
(45)
|
(54)
|
(61)
|
(71)
|
(73)
|
(73)
|
(70)
|
(37)
|
(64)
|
(65)
|
(70)
|
(60)
|
(18)
|
(36)
|
(54)
|
42
|
(93)
|
(99)
|
(105)
|
54
|
(99)
|
(98)
|
(96)
|
114
|
(86)
|
(75)
|
(72)
|
169
|
(35)
|
(37)
|
(32)
|
(60)
|
(63)
|
(62)
|
(64)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(54)
|
(57)
|
0
|
0
|
(50)
|
(50)
|
(66)
|
(66)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
|
Total Other Income |
28
|
51
|
53
|
66
|
74
|
69
|
75
|
68
|
72
|
90
|
88
|
88
|
80
|
34
|
61
|
60
|
63
|
49
|
23
|
70
|
119
|
58
|
195
|
196
|
197
|
27
|
220
|
217
|
261
|
33
|
240
|
267
|
226
|
11
|
156
|
191
|
270
|
387
|
515
|
534
|
562
|
|
Pre-Tax Income |
389
N/A
|
415
+7%
|
430
+4%
|
452
+5%
|
462
+2%
|
485
+5%
|
518
+7%
|
570
+10%
|
628
+10%
|
678
+8%
|
711
+5%
|
709
0%
|
695
-2%
|
824
+19%
|
861
+5%
|
939
+9%
|
1 021
+9%
|
1 009
-1%
|
316
-69%
|
754
+139%
|
1 182
+57%
|
1 803
+53%
|
1 756
-3%
|
1 676
-5%
|
1 627
-3%
|
1 349
-17%
|
1 068
-21%
|
1 042
-2%
|
1 067
+2%
|
1 339
+25%
|
1 532
+14%
|
1 775
+16%
|
1 977
+11%
|
2 090
+6%
|
2 454
+17%
|
2 567
+5%
|
2 746
+7%
|
2 849
+4%
|
3 073
+8%
|
3 156
+3%
|
3 035
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(143)
|
(150)
|
(156)
|
(162)
|
(153)
|
(165)
|
(175)
|
(192)
|
(212)
|
(216)
|
(229)
|
(231)
|
(230)
|
(305)
|
(318)
|
(344)
|
(372)
|
(333)
|
(112)
|
(262)
|
(418)
|
(652)
|
(637)
|
(551)
|
(491)
|
(243)
|
(151)
|
(188)
|
(188)
|
(340)
|
(382)
|
(427)
|
(488)
|
(560)
|
(652)
|
(683)
|
(740)
|
(738)
|
(794)
|
(815)
|
(747)
|
|
Income from Continuing Operations |
246
|
266
|
275
|
290
|
310
|
320
|
344
|
378
|
416
|
462
|
481
|
477
|
465
|
519
|
544
|
595
|
649
|
677
|
204
|
493
|
764
|
1 151
|
1 119
|
1 125
|
1 136
|
1 105
|
917
|
854
|
879
|
999
|
1 151
|
1 348
|
1 489
|
1 529
|
1 802
|
1 884
|
2 006
|
2 111
|
2 279
|
2 341
|
2 288
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(3)
|
3
|
0
|
9
|
15
|
10
|
27
|
40
|
52
|
44
|
8
|
(17)
|
(37)
|
(42)
|
(19)
|
(24)
|
(23)
|
(16)
|
(16)
|
(17)
|
(18)
|
(20)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(2)
|
(1)
|
1
|
(1)
|
1
|
0
|
0
|
2
|
3
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
246
N/A
|
266
+8%
|
275
+3%
|
290
+6%
|
310
+7%
|
320
+4%
|
344
+7%
|
378
+10%
|
416
+10%
|
462
+11%
|
481
+4%
|
477
-1%
|
465
-3%
|
519
+12%
|
544
+5%
|
595
+9%
|
649
+9%
|
677
+4%
|
205
-70%
|
490
+140%
|
767
+57%
|
1 151
+50%
|
1 128
-2%
|
1 138
+1%
|
1 144
+1%
|
1 133
-1%
|
956
-16%
|
907
-5%
|
923
+2%
|
1 008
+9%
|
1 135
+13%
|
1 314
+16%
|
1 447
+10%
|
1 511
+4%
|
1 779
+18%
|
1 861
+5%
|
1 993
+7%
|
2 094
+5%
|
2 262
+8%
|
2 324
+3%
|
2 268
-2%
|
|
EPS (Diluted) |
19.22
N/A
|
20.9
+9%
|
21.62
+3%
|
22.85
+6%
|
24.17
+6%
|
25.22
+4%
|
27.07
+7%
|
29.96
+11%
|
32.72
+9%
|
36.37
+11%
|
38.2
+5%
|
37.88
-1%
|
36.6
-3%
|
39.92
+9%
|
42.79
+7%
|
46.83
+9%
|
51.08
+9%
|
52.07
+2%
|
15.72
-70%
|
37.67
+140%
|
59.03
+57%
|
88.52
+50%
|
86.75
-2%
|
87.53
+1%
|
88
+1%
|
87.15
-1%
|
73.54
-16%
|
69.75
-5%
|
70.96
+2%
|
77.53
+9%
|
87.32
+13%
|
101.09
+16%
|
111.33
+10%
|
116.23
+4%
|
136.8
+18%
|
143.13
+5%
|
153.26
+7%
|
161.01
+5%
|
173.92
+8%
|
178.65
+3%
|
174.39
-2%
|