CEAT Ltd
CEATLTDCEAT Ltd
CEATLTDPrice Chart
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
21.74 | 3.04 | 0.99% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.48 | 6.70 | 0.73% |
Forecast & Ratings
Detailed Forecast from 18 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
CEAT Limited is engaged in manufacturing and sale of automotive tires, tubes and flaps. The Company manufactures radials for a range of vehicles.
Investor Presentation
View olderPeers
Compare with peersMRF Ltd
Balkrishna Industries Ltd
Apollo Tyres Ltd
JK Tyre & Industries Ltd
Kesoram Industries Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 5,511.23 | 5,813.51 | 6,335.89 | 7,043.71 | 6,816.56 | 7,659.72 | 9,403.56 | 11,340.04 | 11,984.01 | 12,475.41 | ||||||||||
Raw Materials | 3,102.24 | 3,475.26 | 3,723.26 | 4,381.28 | 3,908.79 | 4,201.93 | 6,215.58 | 7,381.03 | 6,959.78 | 10,956.37 | ||||||||||
Power & Fuel Cost | 156.01 | 178.01 | 191.00 | 220.79 | 216.58 | 255.47 | 327.67 | 375.42 | 375.57 | |||||||||||
Employee Cost | 399.65 | 419.64 | 472.23 | 542.01 | 555.67 | 687.90 | 700.83 | 766.80 | 853.69 | |||||||||||
Selling & Administrative Expenses | 488.15 | 510.60 | 569.93 | 1,040.85 | 980.15 | 1,004.81 | 982.85 | 1,128.55 | 1,306.61 | |||||||||||
Operating & Other expenses | 569.18 | 531.71 | 739.91 | 197.00 | 420.65 | 507.33 | 439.60 | 722.69 | 853.77 | |||||||||||
EBITDA | 796.00 | 698.29 | 639.56 | 661.78 | 734.72 | 1,002.28 | 737.03 | 965.55 | 1,634.59 | 1,519.04 | ||||||||||
Depreciation/Amortization | 107.72 | 143.08 | 168.61 | 192.71 | 276.51 | 339.63 | 435.20 | 469.31 | 508.83 | 532.28 | ||||||||||
PBIT | 688.28 | 555.21 | 470.95 | 469.07 | 458.21 | 662.65 | 301.83 | 496.24 | 1,125.76 | 986.76 | ||||||||||
Interest & Other Items | 101.40 | 89.56 | 103.63 | 92.87 | 153.92 | 178.76 | 206.95 | 242.10 | 269.06 | 255.51 | ||||||||||
PBT | 586.88 | 465.65 | 367.32 | 376.20 | 304.29 | 483.89 | 94.88 | 254.14 | 856.70 | 731.25 | ||||||||||
Taxes & Other Items | 149.34 | 104.50 | 129.34 | 123.98 | 73.04 | 51.85 | 23.68 | 67.97 | 214.05 | 165.17 | ||||||||||
Net Income | 437.54 | 361.15 | 237.98 | 252.22 | 231.25 | 432.04 | 71.20 | 186.17 | 642.65 | 566.08 | ||||||||||
EPS | 108.17 | 89.28 | 58.83 | 62.35 | 57.17 | 106.81 | 17.60 | 46.02 | 158.87 | 139.95 | ||||||||||
DPS | 11.50 | 11.50 | 11.50 | 12.00 | 12.00 | 18.00 | 3.00 | 12.00 | 30.00 | 30.00 | ||||||||||
Payout ratio | 0.11 | 0.13 | 0.20 | 0.19 | 0.21 | 0.17 | 0.17 | 0.26 | 0.19 | 0.21 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
CEAT Ltd | 19.15 | 3.04 | 0.99% |
MRF Ltd | 26.56 | 3.31 | 0.15% |
Balkrishna Industries Ltd | 37.01 | 6.15 | 0.57% |
Apollo Tyres Ltd | 19.63 | 2.43 | 1.13% |
Price Comparison
Compare CEATLTD with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.11%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 2.91%
Top 5 Mutual Funds holding CEAT Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.6806% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months 0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 23/110 (+4) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.6915% | Percentage of the fund’s portfolio invested in the stock 0.44% | Change in the portfolio weight of the stock over the last 3 months 0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 60/78 (+4) |
Mirae Asset Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.2515% | Percentage of the fund’s portfolio invested in the stock 1.66% | Change in the portfolio weight of the stock over the last 3 months 0.21% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/94 (-1) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have CEAT Ltd
Events
Dividend Trend
No Trend In Dividends
CEATLTD has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.99%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.86 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 9, 2024
Dividend/Share
₹30.00
Ex DateEx Date
Aug 9, 2024
Cash Dividend
Ex DateEx DateJun 20, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Jun 20, 2023
Cash Dividend
Ex DateEx DateJun 10, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Jun 10, 2022
Cash Dividend
Ex DateEx DateAug 27, 2021
Dividend/Share
₹18.00
Ex DateEx Date
Aug 27, 2021
Cash Dividend
Ex DateEx DateMar 19, 2020
Dividend/Share
₹12.00
Ex DateEx Date
Mar 19, 2020
ITI Ltd, Indo Count Industries Ltd, Trident Ltd and Greaves Cotton Ltd are among the other gainers in the BSE's 'A' group today, 09 December 2024.CEAT Ltd surged 10.80% to Rs 3425.95 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 87058 shares were traded on the counter so far as against the average daily volumes of 3516 shares in the past one month. ITI Ltd soared 9.85% to Rs 352.9. The stock was the second biggest gainer in 'A' group. On the BSE, 21.01 lakh shares were traded on the counter so far as against the average daily volumes of 8.28 lakh shares in the past one month. Indo Count Industries Ltd spiked 8.96% to Rs 372.1. The stock was the third biggest gainer in 'A' group. On the BSE, 71957 shares were traded on the counter so far as against the average daily volumes of 21861 shares in the past one month. Trident Ltd spurt 8.66% to Rs 37.41. The stock was the fourth biggest gainer in 'A' group. On the BSE, 40.6 lakh shares were traded on the counter so far as against the average daily volumes of 7.1 lakh shares in the past one month. Greaves Cotton Ltd rose 7.51% to Rs 212.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.66 lakh shares were traded on the counter so far as against the average daily volumes of 1.89 lakh shares in the past one month. Powered by Capital Market - Live
The frontline indices pared most of the losses in mid-morning trade. The Nifty climbed above the 24,650 level. Media shares extended losses for the second consecutive trading session. At 11:26 IST, the barometer index, the S&P BSE Sensex, declined 12.85 points or 0.02% to 81,697.27. The Nifty 50 index lost 16.90 points or 0.07% to 24,660.90. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.40% and the S&P BSE Small-Cap index rallied 0.57%. The market breadth was strong. On the BSE, 2,469 shares rose and 1,432 shares fell. A total of 175 shares were unchanged. Buzzing Index: The Nifty Media index declined 1.11% to 2,054. The index slipped 1.44% in two consecutive trading sessions. PVR Inox (down 2.78%), Nazara Technologies (down 1.54%), Zee Entertainment Enterprises (down 1.42%), Tips Music (down 1.15%), Saregama India (down 0.86%) and Sun TV Network (down 0.4%) slipped. On the other hand, Dish TV India (up 2.57%),Hathway Cable & Datacom (up 1.44%) and Network 18 Media & Investments (up 0.82%) edged higher. Stocks in Spotlight: CEAT soared 9.68% after RPG group company has entered into a definitive agreement with associate companies of the Michelin Group (Michelin) to acquire the Camso brand's Off-Highway construction equipment tyre and tracks business. PC Jeweller gained 2.47% after the firm said that its board will meet on Wednesday, 11 December 2024, to approve the issuance of 5,17,11,462 equity shares by way of preferential allotment on a private placement basis. Biocon declined 2.76%. The company announced that it has received the establishment inspection report (EIR) from the U.S. Food and Drug Administration (USFDA) for its active pharmaceutical ingredient (API) facility located at Jigani Link Road, Bengaluru, Karnataka. Global Markets: Most Asian stocks slipped on Monday as investors grappled with South Korea's political turmoil and awaited fresh stimulus measures from China. Oil prices remained steady following the dramatic fall of the Syrian government. Investors are gearing up for a pivotal week, marked by a flurry of central bank decisions across four continents, a crucial meeting of Chinese officials, and the release of key US inflation data. This flurry of economic events will shape investment strategies for the remainder of 2024 and set the stage for 2025. Last Friday, US indices hit record highs on Friday, where technology stocks continued to push higher as stronger-than-expected nonfarm payrolls data did little to deter bets on a December rate cut. Markets were also seeking more cues on what President-elect Donald Trump's policies will entail for the U.S. in the coming years. The S&P 500 rose 0.3% to 6,090.27 points on Friday, while the NASDAQ Composite rose 0.8% to 19,859.77 points, with both indexes eking out record highs. The Dow Jones Industrial Average lagged, falling 0.3% to 44,642.52 points. Nonfarm payrolls increased by 227,000 jobs last month, above the expected 202,000, after rising an upwardly revised 36,000 in October as the labor market reeled from Hurricanes Helene and Milton as well as a big strike at Boeing factories in the West Coast. Investors were waiting to see what a major regime change in Syria will entail for geopolitics in the Middle East, after rebel forces ousted President Bashar al-Assad and took control of Damascus, ending 13 years of civil war. Media reports said al-Assad had landed in Moscow, while Israeli forces had entered Syria. US investors are eagerly awaiting the release of consumer price index inflation data on Wednesday. This key economic indicator will provide further insights into the health of the US economy and the future trajectory of interest rates.Powered by Capital Market - Live
Camso is a premium brand in construction equipment tyre and tracks with strong equity in EU and North American aftermarket and OE segments. The transaction is expected to expand company's product portfolio in the Off-Highway Tyres (OHT) and tracks segments, which includes agriculture tyres and tracks, harvester tyres and tracks, power sports tracks and material handling tyres. The business has two manufacturing facilities located in Sri Lanka. Its revenue was $213 million for CY 2023. The Camso brand will be permanently assigned to CEAT across categories after a 3-year licensing period. It will give CEAT access to a global customer base including over 40 international OEMs and premium international OHT distributors. CEAT brings in the ability for Camso to expand to other segments such as agriculture tyres. Both brands are highly complementary in their positioning and capabilities. It is expected that the transaction will be completed tentatively within 6-9 months, or such period as may be mutually agreed, subject to satisfaction of closing conditions. The proposed transaction is for a consideration of about $225 million, subject to customary adjustments and applicable taxes. The tyres manufacturing company's consolidated net profit fell 41.4% to Rs 121.88 crore in Q2 FY25 as compared to Rs 208 crore posted in Q2 FY24. Revenue from operations increased 8.22% year on year (YoY) to Rs 3,304.53 crore in the quarter ended 30 September 2024. CEAT, the flagship company of RPG Enterprises, is one of India's leading tyre manufacturers and has a strong presence in global markets. CEAT produces more than 41 million high-performance tyres, catering to various segments like 2-3 wheelers, passenger and utility vehicles, commercial vehicles and off-highway vehicles. The counter hit all-time high at Rs 3,449.40 in intraday today.Powered by Capital Market - Live
Net profit of CEAT declined 41.40% to Rs 121.88 crore in the quarter ended September 2024 as against Rs 208.00 crore during the previous quarter ended September 2023. Sales rose 8.23% to Rs 3304.53 crore in the quarter ended September 2024 as against Rs 3053.32 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales3304.533053.32 8 OPM %10.9614.94 - PBDT299.28394.87 -24 PBT162.17270.38 -40 NP121.88208.00 -41 Powered by Capital Market - Live
CEAT will hold a meeting of the Board of Directors of the Company on 17 October 2024.Powered by Capital Market - Live
Surging shipping costs give companies a sinking feeling
CEAT announced that the Annual General Meeting (AGM) of the company will be held on 29 August 2024.Powered by Capital Market - Live
Ceat Q1 Results Review - Demand Outlook Remains Healthy: Motilal Oswal
Expect double-digit growth in int’l tyre biz despite price hike: CEAT
CEAT Tyres announces two-year partnership with Bayer 04 Leverkusen
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.21%, vs industry avg of 8.67%
Increasing Market Share
Over the last 5 years, market share increased from 10.72% to 11.97%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 20.57%, vs industry avg of 18.19%