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Company now has shifted towards premiumization by producing more of high value items
2. JEET - sanitaryware range aimed at JEET affordable segment, which is growing very fast.
3. ISVEA - The Italian luxury designer Sanitaryware, ISVEA, launched by CERA
ISVEA has now gained momentum in the market.
2 Faucetsware
Continuous launch of new designs has helped your company garner larger market share.
3 Bathware
1. Senator by CERA - response of SENATOR range was overwhelming.
4 Tiles Unit
6
Your company has entered into a Joint Venture with Anjani Tiles Joint Ventures Limited at
Andhra Pradesh with 51% Equity and 54% Preference Share holding in aggregate amounting
to 2933 Lakhs (Previous ` Year 2678 Lakhs) for producing Vitrified Floor Tiles of 10000 Sq. `
Mtr. per day. The commercial production of tiles from this plant has started from 1 April, 2016.
7 Packaging Unit
The Joint Venture unit for manufacture of corrugated boxes has been doing well. The capacity
utilization has increased considerably during the year. CERA holds an equity of 51%.
Installed capacity of NonConventional Energy unit of the Company now stands to 13.825
M.W. The non-conventional Wind and Solar Power has produced 178.06 lakhs KWH for
captive use.
Solutions brands this year too, with its topline growth @ 17%, while the market growth
is estimated to be around 10 – 12% only.
The government’s emphasis on affordable housing is a boon for your Company’s
growth in the coming years. Implementation of GST also helps your Company indirectly
as it minimises unhealthy price competition.
Anjani JV Revenue 86.4cr