Real estate slowdown didn’t affect sales much: Ayush Bagla, Cera Sanitaryware
  • WebDesk BTVI
  • Jun 07 2019

Ayush Bagla, Director of Cera Sanitaryware, reveals what is keeping the company upbeat in spite of the slowdown in real estate space. Bagla says the sales growth has been in the range of 12-15% with debt level near zero. He adds that nearly 72% of its sales comes from retail, while only 28% comes from institutional sales. He says the firm expects to touch over Rs 1500 crore in FY20 after touching Rs 1350 of topline in FY19.