Case study

CERA

Cera Sanitaryware Limited

Worth a closer look1y model +7.0%

Each stock's 10,000-path forecast, rendered as light.

58Score

Cera Sanitaryware Limited (CERA) Stock Analysis & Case Study

Is CERA a good buy? The data-driven verdict.

Cera Sanitaryware Limited (CERA) trades at ₹6,062,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, Cera Sanitaryware Limited (CERA) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 31.6× earnings, ROE of 18.2%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

CERA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹7,818 Cr
Current price
₹6,062
P/E ratio
31.6×
P/B ratio
5.78×
Book value
₹1,049
Dividend yield
1.24%
ROCE
22.4%
ROE
18.2%
Piotroski F-Score
6/8

How CERA ranks against the 2,373 companies in our screener

Is CERA overvalued? CERA P/E vs peers

CERA trades at 31.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

CERA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of CERA history (9%/yr drift, 31%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
CERA 2027₹4,318₹6,489₹9,751+7%
CERA 2028₹3,928₹6,946₹12,281+15%
CERA 2029₹3,769₹7,435₹14,665+23%
CERA 2030₹3,580₹7,958₹17,691+31%
CERA 2031₹3,477₹8,518₹20,870+41%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability CERA goes up, or doubles?

58%
Higher in 1 year
Modelled chance the price is above today in 12 months
68%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹12,124 within 5 years

The bull case for CERA

  • CERA's return on equity of 18.2% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • CERA's return on capital employed of 22.4% ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹14,665.

The bear case & risks

  • CERA's P/E of 31.6x is lower than 44% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹3,769.

CERA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years CERA compounded at 9%/year with annualized volatility of 31%. That volatility implies a 1-year 80% range of ₹4,318-₹9,751, the honest backbone behind any single price target.

CERA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.0%
80% range₹4,318-₹9,751
P(price ↑)58%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
22.6%
80% range₹3,769-₹14,665
P(price ↑)65%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
40.5%
80% range₹3,477-₹20,870
P(price ↑)68%
P(price 2×)31%

CERA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
CERA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds CERA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the CERA price target & forecast page.

CERA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. CERA scores 6/8, mixed financial health.

CERA MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy CERA with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha29.91%3.3×
GrowwCHEAPEST29.88%3.3×
Dhan29.91%3.3×
Kotak Neo34.97%2.9×
Paytm Money29.95%3.3×
Pocketful30.02%3.3×
Anand Rathi29.91%3.3×
Bajaj Broking31.00%3.2×
Share IndiaCHEAPEST29.88%3.3×

Compare every broker on the CERA MTF page.

About Cera Sanitaryware Limited: sector, index & market-cap context

Cera Sanitaryware Limited (CERA) is a small-cap NSE-listed company, with a market capitalisation of ₹7,818 Cr. See more stocks on our screener.

How the CERA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Cera Sanitaryware Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

CERA analysis, FAQs

Is Cera Sanitaryware Limited (CERA) a good buy?

On the numbers, Cera Sanitaryware Limited (CERA) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 31.6× earnings, ROE of 18.2%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is CERA overvalued or undervalued?

CERA trades at 31.6× earnings, premium versus the ~22× long-run Nifty average.

What is the CERA share price target for 2031?

CERA's probability-weighted 2031 median target is ₹8,518, with an 80% range of ₹3,477-₹20,870 (10,000-path Monte-Carlo).

What is the probability CERA doubles in 5 years?

The modelled probability of CERA reaching ₹12,124 (2×) within 5 years is 31%.

What is the bull case for CERA?

CERA's return on equity of 18.2% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. CERA's return on capital employed of 22.4% ranks in the 85th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in CERA?

CERA's P/E of 31.6x is lower than 44% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on CERA