Ceranitaryware (NSE:CERA) ROCE %: 26.36% (As of Mar. 2026)

What is Ceranitaryware ROCE %?

Ceranitaryware NSE:CERA -0.16% 88 ROCE % is 26.36% as of Mar. 2026. GuruFocus rates NSE:CERA with a GF Score™ of 88/100 and a GF Value™ of ₹7,944.52 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ceranitaryware's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.36%.

Ceranitaryware (NSE:CERA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ceranitaryware ROCE % Related Terms

Ceranitaryware ROCE % Historical Data

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The historical data trend for Ceranitaryware's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ceranitaryware ROCE % Chart

Ceranitaryware Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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20.16

24.20

23.62

21.18

17.87

Ceranitaryware Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															29.40	17.09	19.79	9.16	26.36

88GF Score

Cera Sanitaryware Ltd NSE:CERA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Ceranitaryware ROCE % Calculation

Ceranitaryware's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	2755.803	/	( ( (18629.668 - 3711.73)	+	(19582.029 - 3660.302) )	/ 2 )
	=	2755.803	/	( (14917.938	+	15921.727)	/ 2 )
	=	2755.803	/	15419.8325
	=	17.87 %

Ceranitaryware's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	4196.868	/	( ( (0 - 0)	+	(19582.029 - 3660.302) )	/ 1 )
	=	4196.868	/	( ( 0	+	15921.727 )	/ 1 )
	=	4196.868	/	15921.727
	=	26.36 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 26.36% mean?

Ceranitaryware (NSE:CERA) has a ROCE % of 26.36% as of Mar. 2026.

Is Ceranitaryware's ROCE % too high?

Ceranitaryware's current ROCE % is 26.36%. The Construction industry median ROCE % is 8.22. Ceranitaryware's value of 26.36% is 220.7% above this industry median. Overall, Ceranitaryware has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Ceranitaryware's ROCE % compare to TT and JCI?

Ceranitaryware's ROCE % of 26.36% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Ceranitaryware's value of 26.36% is 220.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Construction company?

The median ROCE % among Construction companies is 8.22, based on 1,749 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ceranitaryware's current ROCE % of 26.36% is 220.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceranitaryware's current ROCE % is 26.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ceranitaryware stock overvalued right now?

Based on GuruFocus' analysis, Ceranitaryware (NSE:CERA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹7,944.52, compared to a current price of ₹6,330.50 — trading 20.3% below its estimated fair value. The current ROCE % is 26.36% and 220.7% above the Construction industry median of 8.22. Ceranitaryware's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Ceranitaryware (NSE:CERA), the current ROCE % is 26.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ceranitaryware (NSE:CERA) Overvalued in 2026?

Based on GuruFocus' analysis, Ceranitaryware stock appears to be undervalued. The current stock price of ₹6,330.50 is trading 20.3% below its estimated GF Value™ of ₹7,944.52. GuruFocus considers Ceranitaryware to be Modestly Undervalued.

Key valuation signals for NSE:CERA:

ROCE %: 26.36%
GF Value™: ₹7,944.52 vs. price of ₹6,330.50 (20.3% below fair value)
GF Score™: 88/100 with 4 warning signs
Industry Position: 220.7% above the Construction median

No single metric tells the full story. See the NSE:CERA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ceranitaryware Business Description

Industry Industrials Construction

Comparable Companies NSE:FINPIPE BOM:500128 BOM:532486 BOM:542907 BOM:532369 BOM:532722 BOM:531761 BOM:531548 BOM:532888 BOM:541276 TT JCI CARR XPAR:SGO TSE:6367 XSWX:GEBN LII MAIR DUB:KRX MAS

Other Exchanges 532443:India

Address Ambli BRTS Road, ISKCON Cross Roads, 7th and 8th Floor, B Wing, Privilon, Ahmedabad, GJ, IND, 380 059

Website https://www.cera-india.com

Cera Sanitaryware Ltd manufactures, markets, and distributes building products. Some of its products include wash basins, flushing systems, bath accessories, quarter turn, overhead showers, health faucets, bathroom allied products, bathroom accessories, mirrors, and others. Geographically the company has operations only in India.

88GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6,330.50

Price

₹7,944.52

GF Value

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