CERA2023-07-012023-09-30 CERA2023-07-012023-09-30 CERA2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member CERA2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member CERA2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532443 CERA NOTLISTED Cera Sanitaryware Limited Equity 2023-04-01 2024-03-31 2023-11-01 2023-10-20 INR Lakhs Half yearly 11:30:00 12:30:00 2023-11-01 2023-11-01 true Cash Flow Indirect Not applicable Single segment Building Products 2023-07-01 2023-09-30 Unaudited Standalone 4616080000.00 130072000.00 4746152000.00 549153000.00 1624082000.00 9406000.00 576796000.00 12373000.00 83275000.00 1113937000.00 3969022000.00 777130000.00 -15557000.00 761573000.00 165154000.00 27541000.00 192695000.00 0.00 568878000.00 0.00 0.00 0.00 0.00 568878000.00 -5810000.00 563068000.00 0.00 0.00 65029000.00 5 43.74 43.74 0.00 0.00 43.74 43.74 CERA SANITARYWARE LIMITED Notes to the Statement of Unaudited Standalone Financial Results for the Quarter and Six months ended 30th September, 2023: 1) These unaudited standalone financial results of the Company for the quarter and six months ended 30th September, 2023 have been reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on 1st November, 2023. The Statutory Auditors of the Company have carried out a limited review of the unaudited standalone financial results for the quarter and six months ended 30th September, 2023 and have issued an unmodified review report on these unaudited standalone financial results. 2) The above unaudited standalone financial results have been prepared in accordance with the recognition and measurement principles of the Companies Indian Accounting Standards (“Ind AS”) as prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended thereafter and other recognized accounting practices and policies to the extent applicable. 3) The Company operates mainly in manufacturing of “Building Products” and all other activities are incidental thereto which have similar risk and return. Further, the sales are substantially in the domestic market. Accordingly, there are no separate reportable segments as required under Ind AS 108 “Operating Segment”. 4) The Company acquired share capital worth Rs. 806 Lakhs for 26% stake in M/s Milo Tile LLP ( Milo ) in FY 2018-19. During FY 2022-23 Milo had been unable to maintain product quality parameters which has forced the Company to discontinue procuring tiles from Milo, and raise claims based on inferior quality products supplied by Milo. As a matter of abundant caution, during the quarter, the Company has fully provided impairment of its investment in Milo (net of payables) to the tune of Rs. 655.57 Lakhs (including Rs. 500 Lakhs already provided in FY 2022-23) as an “Exceptional Item”. Without prejudice to the above, the Company is taking all necessary steps for recovery of its Equity investment including legal recourse. Milo has not provided the financial results since 1st April 2022 due to which the Profit / (Loss) for the said period could not be included in the above unaudited standalone financial results of the Company. 5) Figures of the previous period have been regrouped / reclassified / restated wherever considered necessary. By Order of the Board of Directors For Cera Sanitaryware Limited Anupam Gupta Executive Director (Technical) (DIN: 09290890) Date : 1st November, 2023 Place : Ahmedabad Single segment 2023-04-01 2023-09-30 Unaudited Standalone 8887990000.00 287150000.00 9175140000.00 1057597000.00 3075728000.00 -16025000.00 1144557000.00 24210000.00 161046000.00 2198440000.00 7645553000.00 1529587000.00 -15557000.00 1514030000.00 322583000.00 58820000.00 381403000.00 0.00 1132627000.00 0.00 0.00 0.00 0.00 1132627000.00 -7681000.00 1124946000.00 0.00 0.00 65029000.00 5 87.09 87.09 0.00 0.00 87.09 87.09 Other Expenses 1113937000.00 Other Expenses 2198440000.00 3338274000.00 77692000.00 0.00 0.00 5089000.00 0.00 0.00 0.00 326539000.00 0.00 0.00 26139000.00 352678000.00 0.00 67624000.00 3841357000.00 3725238000.00 7055949000.00 1737295000.00 136809000.00 77035000.00 0.00 35134000.00 9042222000.00 13164000.00 393992000.00 13174616000.00 0.00 0.00 17015973000.00 65029000.00 12101777000.00 12166806000.00 12166806000.00 0.00 0.00 466987000.00 466987000.00 98804000.00 419886000.00 0.00 0.00 985677000.00 187976000.00 1851186000.00 1326875000.00 3366037000.00 290029000.00 207424000.00 0.00 0.00 3863490000.00 0.00 0.00 4849167000.00 17015973000.00 In the Assets side, due to non-availability of separate row for Right of use Assets, the amount of Rs. 2179.78 Lakhs have been clubbed with Property, Plant and Equipment. In the Equity & Liabilities side, due to non-availability of separate row for Non -Current Liabilities- Lease Liabilities and Current Liabilities- Lease Liabilities the amount of Rs. 1715.53 Lakhs and Rs. 667.38 Lakhs have been clubbed with to Non- Current Liabilities- Other financial liabilities and Current Liabilities-Other financial liabilities, respectively. 24210000.00 38853000.00 121808000.00 0.00 31060000.00 0.00 -4809000.00 0.00 0.00 -248808000.00 0.00 -1547000.00 0.00 161046000.00 15557000.00 77570000.00 0.00 177981000.00 0.00 -361000.00 0.00 17226000.00 0.00 -243872000.00 0.00 0.00 11152000.00 -1351000.00 -9285000.00 131978000.00 1646008000.00 0.00 0.00 0.00 388786000.00 0.00 1257222000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -202535000.00 -9371000.00 1049846000.00 1390000000.00 0.00 0.00 0.00 0.00 0.00 586000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16393000.00 0.00 0.00 0.00 -517511000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4570000.00 0.00 48775000.00 650294000.00 12572000.00 0.00 0.00 -707071000.00 32640000.00 0.00 32640000.00 104169000.00 136809000.00