CERA Sanitaryware Ltd is India's fastest growing company in sanitaryware. It aims to maintain leadership while meeting increasing demand. CERA offers complete bath solutions including faucets and elegant designs. It was established in 1980 and has grown significantly. CERA uses latest technology and natural gas to produce high-quality products. It has a strong brand and market presence across India.
CERA Sanitaryware Ltd is India's fastest growing company in sanitaryware. It aims to maintain leadership while meeting increasing demand. CERA offers complete bath solutions including faucets and elegant designs. It was established in 1980 and has grown significantly. CERA uses latest technology and natural gas to produce high-quality products. It has a strong brand and market presence across India.
CERA Sanitaryware Ltd is India's fastest growing company in sanitaryware. It aims to maintain leadership while meeting increasing demand. CERA offers complete bath solutions including faucets and elegant designs. It was established in 1980 and has grown significantly. CERA uses latest technology and natural gas to produce high-quality products. It has a strong brand and market presence across India.
VIJIANADA SHANKAR R M PROFESSOR 1DT19MBA36 MBA DEPT MBA DSATM DSATM Objectives • CERA plans to maintain its leadership status in the industry, while catering to increasing demands with satisfaction. • CERA endeavors to provide complete bath solutions to its customers. Pursuing this objective, CERA has launched a range of elegant faucets, designed with style and expertise. About the organization • CERA was a division of Madhusudan Industries Limited, the parent company established in 1945, until CERA was hived off in 2001 as a separate Company. The company established in 1980 in Kadi in Mehsana District of North Gujarat, with a modest Capacity of 3 lac pieces production per annum .
Style. Innovation. Leadership.
• These three words capture the essence of CERA Sanitary ware Limited, India’s fastest growing company in the segment. Keeping the needs of the modern customer in mind, CERA opens the doorway to the world of style . • An extensive product portfolio that includes high end showers, steam cubicles, and whirlpools, besides sanitaryware and faucets, has made CERA the primary choice of customers looking for stylish products in a contemporary lifestyle. CERA’s constant innovations have given several path breaking contributions to the industry. Some of its innovations have become benchmarks for the industry–like water-saving twin-flush coupled WCs, 4-litre flush WCs, and one-piece WCs. •. About the organization • The CERA plant was the first to use natural gas – the purest fuel that gives extra sheen on products. Production capacity of Sanitary ware has raised from 2.70 million pieces to 3.0 million pieces per annum, CERA plans to maintain its leadership status in the industry, while catering to increasing demands with satisfaction • . A modern facility with latest machinery like automatic CNC machines & automatic polishing, the plant is equipped with superior technology manufactures the avant- garde collection of eco-friendly single lever faucets apart from the normal half turn & quarter turn faucets. • Growth has remained uninterrupted, only outperforming itself. CERA has grown at a robust 23.80% in 2014-15 when compared with 2013-14. For CERA, its responsibility does not end by manufacturing quality products. A team of over two hundred technicians across India provide prompt after-sales services to its customers. • CERA sanitary ware Ltd (formerly Madhusudan Oils and Fats Limited) is engaged in the business of manufacturing selling and trading of building products. The company's main product lines are sanitary ware Faucets ware and Bath ware. The company markets its products under the CERA brand. The company also operates wind & solar power units for captive use
• Profile • Name of the Industry : Sanitary ware Industry • Name of the Business : CERA SANITARYWARE LTD • Product/services (as per company) :Sanitary wares, CP fittings, kitchen sinks, bathroom fittings, shower cubicles/temples/ panels, bathtubs etc • Land : Gujarat • Chairman : Mr. Vikram Somany • Trade and Market : All over India • Email/Website: www.cera-india.com SWOT Analysis Strength: • CERA is Customer focused and Customer centric • Strong Brand promise - Built over 39 years • CERA Ltd as producing goods through high technology • CERA holds sizeable captive supplies of raw materials and to be self – sustainable. • Multi-layered Marketing Infrastructure and Activities • CERA has a highly equipped technology in manufacturing process. • Large-scale and optimized manufacturing • Weakness: • It has poor control of dust inside as well as outside the factory • Much rely on internal source of requirement • It has the conventional system in some of the operation which would increase the cost and the time as well. • • Opportunities: • Globalization of Indian economy bound to increase demand levels. • Separate upper segment range can be explore. • Upcoming construction sites in remote area. • Huge land availability for future expansion. • Strong financial position makes it possible for the company to adapt to new technology in its operation. • Threats: • The new plant that are set up the competitors. • Badbets/ non paying customers • Emergency of much advance technologies in the global market. • Increases of imports from china and other countries which gas effect an market prices. • Material cost increase Financial analysis • 1.Current Ratio 2 .Liquid Ratio: • CURRENT RATIO = CURRENT ASSETS LIQUIDITY RATIO = LIQUID ASSETS • CURRENT LIABILITIES LIQUID LIABILITIES •
YEAR CALCUL VALUE YEAR CALCUL VALUE
ATION ATION 2019 69385.43/31 2.21 2019 51467.8/314 1.64 435.45 35.45 2018 59371.37/27 2.12 43281.81/27 976.17 2018 1.55 976.17 • Equity Ratio DEBT-EQUITY RATIO • EQUITY RATIO = SHAREHOLDERS FUNDS • TOTAL ASSETS TOTAL LONG TERM DEBT/ • SHAREHOLDERS FUND YEAR CALCUL VALUE • ATION TOTAL ASSETS YEAR CALCULA VALUE TION 2019 70015.62/108 0.64 930.57 2019 27474.84/70 0.39 015.62 2018 60495.48/94 0.63 923.99 2018 24884.76/60 0.41 495.48 Conclusion • 1. Good inter departmental relation: There is a good inter departmental relation in CERA i.e all functional departments of the firm work towards the mission of the company. All the departments have their functional specification and work as per the standards. • • 2 Successful in brand building CERA is a very successful brand despite of the fact that there is a huge competition in the present market thanks to the aggressive marketing strategy adopted by the company. Today CERA is the powerful brand in the market and moving towards becoming the market leader. • • 3. Very healthy financial position: CERA is very successful in managing its finance, it has managed all its financial resources to the optimum level and has achieved some good results as revealed by the financial statement analysis. Recommendation • 1. More concentration towards South Indian market: CERA has not been able to explore the markets of Southern part of India even though it is a very successful brand in North India. It is suggested that MCL should spend more resources towards these untapped markets.
• 2. More promotional activities
Indian tile industry is witnessing a intense competition, there are many companies operating in this industry who are trying to get as much share as possible. CERA should spend a large part of their income towards promoting their product. • 3. Dealers network policy Company should rethink of dealer network policy for better accessibility and reach of products to the end users.