CEAT

Who are in the management team of CEAT?

As of March 2023, the management team of CEAT includes H V Goenka (Chairman), Arnab M Banerjee (Managing Director & CEO), and several non-executive and independent directors, ensuring a diverse governance structure.

As of March 2023, the management team of CEAT includes the following individuals:<BR><BR>1. H V Goenka - Chairman (Non-Executive)<BR>2. Paras K Chowdhary - Director<BR>3. Anant Vardhan Goenka - Vice Chairman<BR>4. Atul C Choksey - Non-Executive & Independent Director<BR>5. Mahesh S Gupta - Non-Executive & Independent Director<BR>6. H Khaitan - Non-Executive & Independent Director<BR>7. Arnab M Banerjee - Managing Director & CEO<BR>8. Ranjit V Pandit - Non-Executive & Independent Director<BR>9. Pierre E Cohade - Non-Executive & Non-Independent Director<BR>10. Vallari Gupte - Company Secretary & Compliance Officer<BR>11. Priya Sukumar Nair - Non-Executive & Independent Director<BR><BR>This team encompasses a mix of executive and non-executive roles, contributing to the governance and strategic direction of the company.

What does CEAT do?

CEAT Ltd is a mid-cap company specializing in high-performance tyres for various vehicles, with a market cap of Rs 15,169 Cr and a net profit of 99 Cr reported for March 2025. Established in 1958, it has key financial metrics including a P/E ratio of 30.00 and a dividend yield of 0.81%.

Overview:<BR>CEAT Ltd is a mid-cap company in the Tyres & Rubber Products industry, specializing in the manufacturing of high-performance tyres for various vehicles.<BR><BR>History:<BR>CEAT was established in 1958 as Ceat Tyres of India Ltd in collaboration with Tata Group. The latest quarterly results report net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3,421 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 99 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 15,169 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 30.00<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.81%<BR>- Debt-Equity: 0.48<BR>- Return on Equity: 11.31%<BR>- Price to Book: 3.44<BR><BR>Contact Details:<BR>Address: 463 Dr Annie Besant Road, Worli Mumbai Maharashtra : 400030<BR>Tel: 91-22-24930621<BR>Email: investors@ceat.in<BR>Website: http://www.ceattyres.in

Has CEAT declared dividend?

Yes, CEAT Ltd has declared a dividend of 300% (₹30 per share) with an ex-date of August 9, 2024. The company has shown strong price appreciation, with total returns of 309.71% over the past 5 years.

CEAT Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 300%<BR>- Amount per share: 30<BR>- Ex-date: 09 Aug 24<BR><BR>Dividend Yield: 0.81%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, CEAT Ltd experienced a price return of 21.08%, with no dividend return, resulting in a total return of 21.08%.<BR><BR>Over the past year, the company achieved a price return of 53.44% and a dividend return of 1.19%, leading to a total return of 54.63%.<BR><BR>In the 2-year period, CEAT Ltd saw a price return of 97.54% and a dividend return of 2.05%, culminating in a total return of 99.59%.<BR><BR>For the last 3 years, the price return was 277.79% with a dividend return of 4.62%, resulting in a total return of 282.41%.<BR><BR>In the 4-year period, the company recorded a price return of 181.5% and a dividend return of 4.67%, leading to a total return of 186.17%.<BR><BR>Finally, over the past 5 years, CEAT Ltd achieved a price return of 302.85% and a dividend return of 6.86%, resulting in a total return of 309.71%.<BR><BR>Overall, CEAT Ltd has declared a substantial dividend, and the total returns across various periods indicate strong performance, particularly in price appreciation, which has significantly outpaced the dividend returns.

Who are the peers of the CEAT?

CEAT's peers include MRF, Balkrishna Industries, Apollo Tyres, JK Tyre & Industries, TVS Srichakra, Goodyear India, Tolins Tyres, Indag Rubber, and Modi Rubber. CEAT has a 1-year return of 51.96%, with varying management risks and growth prospects among its peers.

Peers: The peers of CEAT are MRF, Balkrishna Inds, Apollo Tyres, JK Tyre & Indust, TVS Srichakra, Goodyear India, Tolins Tyres, Indag Rubber, and Modi Rubber.<BR><BR>Quality Snapshot: Excellent management risk is observed at MRF and Goodyear India, while Good management risk is found at Balkrishna Inds, Apollo Tyres, CEAT, JK Tyre & Indust, and the rest. Average management risk is present at TVS Srichakra, Tolins Tyres, and Indag Rubber, while Below Average management risk is seen at Modi Rubber. Growth is Excellent at Apollo Tyres, Good at MRF, CEAT, and the rest, Average at Balkrishna Inds, JK Tyre & Indust, and Tolins Tyres, and Below Average at TVS Srichakra, Indag Rubber, Modi Rubber, and the rest. Capital Structure is Excellent at MRF and Goodyear India, Good at Tolins Tyres and Indag Rubber, Average at CEAT, and Below Average at JK Tyre & Indust, TVS Srichakra, Modi Rubber, and the rest.<BR><BR>Return Snapshot: CEAT has a 1-year return of 51.96%, which is higher than the lowest return of -19.79% from Balkrishna Inds and lower than the highest return of 36.90% from Modi Rubber. Additionally, peers with negative six-month returns include JK Tyre & Indust, TVS Srichakra, Goodyear India, and Indag Rubber.

Who are the top shareholders of the CEAT?

The top shareholders of CEAT include Instant Holdings Limited with 29.51%, mutual funds with 17.6%, foreign institutional investors at 15.27%, and the Mirae Asset Nifty Total Market Index Fund holding 9.31%. Individual investors own 13.46% of the shares.

The top shareholders of CEAT include several key players. The majority of the shares are held by promoters, with Instant Holdings Limited being the largest individual promoter, holding 29.51%. In terms of institutional investors, mutual funds collectively hold 17.6% through 25 different schemes, while foreign institutional investors (FIIs) have a stake of 15.27% across 159 entities. The highest public shareholder is the Mirae Asset Nifty Total Market Index Fund, which holds 9.31%. Additionally, individual investors account for 13.46% of the shareholding.

How big is CEAT?

As of 24th July, CEAT Ltd has a market capitalization of 13,956.00 Cr, with net sales of 13,554.46 Cr and a net profit of 430.93 Cr for the latest four quarters. Shareholder's funds are 4,042.61 Cr, and total assets are 9,994.50 Cr as of March 2024.

As of 24th July, CEAT Ltd has a market capitalization of 13,956.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, CEAT reported net sales of 13,554.46 Cr and a net profit of 430.93 Cr.<BR><BR>For the latest annual period ending March 2024, CEAT's shareholder's funds amounted to 4,042.61 Cr, while total assets were reported at 9,994.50 Cr.

When is the next results date for CEAT?

The next results date for CEAT is 17 October 2025.

The next results date for CEAT is scheduled for 17 October 2025.

How has been the historical performance of CEAT?

CEAT has experienced steady growth in net sales, increasing from INR 6,778.83 crore in March 2020 to INR 13,217.87 crore in March 2025, but profitability has declined, with profit before tax falling from INR 835.90 crore in March 2024 to INR 621.60 crore in March 2025 due to rising raw material costs and decreased operating margins. Total assets and liabilities have both increased, indicating growth in financial position but also higher borrowing.

Answer:<BR>The historical performance of CEAT shows a steady growth in net sales and profits over the years, with some fluctuations in margins and expenses.<BR><BR>Breakdown:<BR>CEAT's net sales have increased significantly from INR 6,778.83 crore in March 2020 to INR 13,217.87 crore in March 2025, reflecting a consistent upward trend. Total operating income followed a similar trajectory, reaching INR 13,217.87 crore in March 2025, up from INR 6,778.83 crore in March 2020. However, the raw material costs have also risen, from INR 3,872.96 crore in March 2020 to INR 8,318.83 crore in March 2025, impacting the operating profit margin, which decreased from 13.83% in March 2024 to 11.15% in March 2025. Operating profit (PBDIT) peaked at INR 1,671.96 crore in March 2024 but fell to INR 1,491.69 crore in March 2025. Profit before tax showed a decline from INR 835.90 crore in March 2024 to INR 621.60 crore in March 2025, while profit after tax also decreased from INR 614.48 crore to INR 449.57 crore in the same period. The total assets of CEAT increased from INR 7,352.25 crore in March 2020 to INR 11,212.39 crore in March 2025, indicating growth in the company's financial position. However, total liabilities also rose from INR 7,352.25 crore to INR 11,212.39 crore during the same period, reflecting increased borrowing. The cash flow from operating activities decreased from INR 1,719.00 crore in March 2024 to INR 1,091.00 crore in March 2025, contributing to a net cash outflow of INR 7.00 crore in March 2025. Overall, while CEAT has shown growth in sales and assets, profitability and cash flow have faced challenges in recent years.

Is CEAT overvalued or undervalued?

As of October 31, 2025, CEAT is fairly valued with a PE ratio of 31.10 and strong performance metrics, having outpaced the Sensex with a year-to-date return of 24.39%, despite a shift in its valuation grade from attractive to fair.

As of 31 October 2025, CEAT's valuation grade has moved from attractive to fair, indicating a shift in its market perception. The company is currently fairly valued, with a PE ratio of 31.10, an EV to EBITDA of 11.35, and a Price to Book Value of 3.73. In comparison to its peers, MRF has a higher PE ratio of 37.27 and an EV to EBITDA of 16.77, while Apollo Tyres presents a more attractive valuation with a PE of 30.4 and an EV to EBITDA of 10.02.<BR><BR>Despite CEAT's fair valuation, its recent stock performance has outpaced the Sensex, with a year-to-date return of 24.39% compared to the Sensex's 7.42%. This performance, alongside its solid ROCE of 14.13% and ROE of 11.31%, suggests that while CEAT is fairly valued, it is still a strong player in the tyre industry.

Is CEAT technically bullish or bearish?

As of December 2, 2025, CEAT's technical trend is bullish, supported by strong indicators like MACD and Bollinger Bands, despite some mildly bearish signals from Dow Theory and OBV.

As of 2 December 2025, the technical trend for CEAT has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend in both time frames. Daily moving averages are bullish, further reinforcing the positive outlook. However, the Dow Theory shows a mildly bearish signal on the weekly chart, while the monthly chart indicates no trend. The KST is bullish on both weekly and monthly charts, and the OBV shows a mildly bearish stance weekly but bullish monthly. Overall, the strength of the bullish indicators outweighs the bearish signals, suggesting a solid bullish sentiment for CEAT.

Are CEAT Ltd latest results good or bad?

CEAT Ltd's Q4 FY26 results are strong, with a net profit increase of 145.10% year-on-year and net sales growth of 23.34%. However, concerns about modest return on equity and high financial leverage warrant caution for investors.

CEAT Ltd's latest results for Q4 FY26 can be considered good overall, showcasing strong financial performance. The company reported a consolidated net profit of ₹243.85 crores, which is a remarkable increase of 145.10% year-on-year and 56.54% quarter-on-quarter. Additionally, net sales reached ₹4,218.89 crores, reflecting a year-on-year growth of 23.34% and a slight sequential increase of 1.49%.<BR><BR>The operating margin also improved significantly, reaching 14.05%, marking the highest level in recent quarters. This improvement is attributed to better product mix and operational efficiencies, despite challenges from volatile raw material prices. The profit after tax margin increased to 5.65%, up from 2.73% in the same quarter last year.<BR><BR>However, there are some underlying concerns. The company's return on equity remains modest at 11.47%, and it carries a net debt-to-equity ratio of 0.66, indicating a level of financial leverage that could raise questions about capital efficiency. Additionally, the stock has shown bearish technical signals recently, with foreign institutional investors reducing their holdings.<BR><BR>In summary, while CEAT's quarterly results demonstrate strong revenue growth and profitability improvements, investors should be cautious due to concerns about capital efficiency and market dynamics.

Should I buy, sell or hold CEAT Ltd?

Why is CEAT Ltd falling/rising?

As of 03-Jun, CEAT Ltd's stock price is at 3,183.55, down 1.21%, with significant declines over the past week and month, and a year-to-date drop of 16.62%. Despite strong long-term growth in sales and profits, the stock is underperforming and trading below its moving averages, indicating negative market sentiment.

As of 03-Jun, CEAT Ltd's stock price is falling, currently at 3,183.55, reflecting a decrease of 39.0 points or 1.21%. This decline is evident in the stock's performance over various periods, with a 1-week drop of 3.39% and a 1-month decrease of 7.66%. Year-to-date, the stock has fallen by 16.62%, which is more significant than the Sensex's decline of 12.76% during the same timeframe. <BR><BR>Today's performance indicates that CEAT underperformed its sector by 1.74%, and it is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume on June 2 falling by 50.69% compared to the 5-day average. <BR><BR>Despite these negative indicators, the company has shown strong long-term growth, with net sales increasing at an annual rate of 15.55% and a net profit growth of 58.16%. However, the recent stock price decline contrasts with these positive financial results, suggesting that current market sentiment may not fully reflect the company's underlying performance.

Which are the latest news on CEAT?