Whalesbook
Cera Sanitaryware reported flat revenue of approximately Rs 4.9 billion in Q2 FY26, citing a weak retail environment and poor faucetware performance. Gross profit dipped 3.7%, and while EBITDA decline was managed, PAT fell 16.8% due to a one-time tax item from the previous year. The company aims for 10-12% growth in H2 FY26. Anand Rathi maintains a BUY rating with a 12-month target price of Rs 8,443, projecting revenue/earnings CAGR of 8.9%/11.8% from FY25-28.