CEAT
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CEAT share price

Ceat Ltd.

NSE: CEATLTD BSE: 500878 SECTOR: Tyres & Allied  172k   648   86

2488.55
-15.25 (-0.61%)
NSE: Today, 01:34 PM

Price Summary

Today's High

₹ 2499.05

Today's Low

₹ 2448.45

52 Week High

₹ 2998.45

52 Week Low

₹ 1381.75

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 10066.21 Cr.

Enterprise Value

₹ 12078.81 Cr.

No. of Shares

4.05 Cr.

P/E

15.09

P/B

2.63

Face Value

₹ 10

Div. Yield

0.49 %

Book Value (TTM)

₹  947.85

CASH

₹ 53.13 Cr.

DEBT

₹ 2065.73 Cr.

Promoter Holding

47.21 %

EPS (TTM)

₹  164.95

Sales Growth

20.95%

ROE

6.35 %

ROCE

9.65%

Profit Growth

279.66 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Ceat Ltd.

Gripp ZOOM CZAR MILAZE SECURADRIVE BULAND AAYUSHMAAN MILE

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year20.95%
3 Year18.62%
5 Year12.63%

Profit Growth

1 Year279.66%
3 Year-2.8%
5 Year-5.84%

ROE%

1 Year6.35%
3 Year7.34%
5 Year8.22%

ROCE %

1 Year9.65%
3 Year9.72%
5 Year10.53%

Debt/Equity

0.6174

Price to Cash Flow

8.28

Interest Cover Ratio

2.14713018741633

CFO/PAT (5 Yr. Avg.)

3.95686839092073

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 47.21 0
Dec 2023 47.21 0
Sep 2023 47.21 0
Jun 2023 47.21 0
Mar 2023 47.21 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.6220086165848% for the Past 3 years.
  • Company’s PEG ratio is 0.0539450665065871.
  • The company has an efficient Cash Conversion Cycle of -30.9595461236431 days.
  • The company has a good cash flow management; CFO/PAT stands at 3.95686839092073.

 Limitations

  • The company has shown a poor profit growth of -2.79938929485894% for the Past 3 years.
  • Company has a poor ROE of 7.34439908623819% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 2711.07 2862.74 2921.18 3043.23 2948.97
Total Expenditure 2474.47 2492.16 2534.73 2585.85 2531.92
Operating Profit 236.6 370.58 386.45 457.38 417.05
Other Income 2.93 2.23 16.17 3.7 3.45
Interest 64.98 65.88 69.46 71.01 64.82
Depreciation 117.46 125.3 120.92 124.45 127.3
Exceptional Items -0.45 -8.56 0 0 0
Profit Before Tax 56.64 173.07 212.24 265.62 228.38
Tax 14.83 41.07 52.8 66.48 51.72
Profit After Tax 41.81 132 159.44 199.14 176.66
Adjusted EPS (Rs) 10.34 32.63 39.42 49.23 43.67

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 6831.3 6747.86 7572.79 9312.63 11263.26
Total Expenditure 6191.86 6030.14 6620.28 8615.31 10287.91
Operating Profit 639.44 717.72 952.51 697.32 975.35
Other Income 56.59 33.4 56.07 31.94 40.57
Interest 67.71 151.8 176.04 203.97 239.04
Depreciation 174.3 277.11 339.58 435.14 469.25
Exceptional Items -44.25 -29.84 -34.06 -12.91 -33.42
Profit Before Tax 409.77 292.37 458.9 77.24 274.21
Tax 120.86 67.76 45.26 22.91 67.94
Net Profit 288.91 224.61 413.64 54.33 206.27
Adjusted EPS (Rs.) 71.42 55.53 102.26 13.43 50.99

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 40.45 40.45 40.45 40.45 40.45
Total Reserves 2710.59 2720.15 3124.29 3109.82 3305.15
Borrowings 1002.72 1640.78 1341.04 1719.16 1440.56
Other N/C liabilities 249.15 465.66 390.11 471.19 576.64
Current liabilities 2058.95 2265.5 3025.57 3626.89 4107.43
Total Liabilities 6061.86 7132.54 7921.46 8967.51 9470.23
Assets
Net Block 2846.31 4159.52 4763.18 5328.94 6095.95
Capital WIP 718.89 983.94 702.88 761.59 509.31
Intangible WIP 30.55 17.81 25 46.61 27.48
Investments 313.01 110.83 118.11 126.02 130.27
Loans & Advances 186.61 93.51 108.34 120.94 67.21
Other N/C Assets 2.25 4.74 3.43 3.08 2.24
Current Assets 1964.24 1762.19 2200.52 2580.33 2637.77
Total Assets 6061.86 7132.54 7921.46 8967.51 9470.23
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 409.77 292.37 458.9 77.24 274.21
Adjustment 207.05 418.4 508.15 628.13 685.08
Changes in Assets & Liabilities -5.71 272.08 429.97 -58.24 211.52
Tax Paid -78.36 -14.52 -45.85 -14.8 44.42
Operating Cash Flow 532.75 968.33 1351.17 632.33 1215.23
Investing Cash Flow -1052.08 -1127.74 -626.18 -950.22 -859.97
Financing Cash Flow 503.95 125.88 -727.88 311.33 -318.02
Net Cash Flow -15.38 -33.53 -2.89 -6.56 37.24

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 47.21 47.21 47.21 47.21 47.21
anant vardhan goenka 0.04 0.04 0.04 0.04 0.04
harshvardhan goenka - - - 0.33 0.33
instant holdings limited 29.51 29.51 29.51 29.51 29.51
stel holdings limited 3.66 3.66 3.66 3.66 3.66
summit securities limited... 2.59 2.59 2.59 2.59 2.59
swallow associates llp 11.09 11.09 11.09 11.09 11.09
harsh vardhan goenka 0.33 0.33 0.33 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 52.79 52.79 52.79 52.79 52.79
india opportunities growt... 4.41 4.41 4.41 4.41 4.41
investor education and pr... 0.78 0.83 - - 0.82
llp 0.11 0.03 0.02 0.07 0.12
mirae asset large & midca... - - - 9.95 9.91
mukul mahavir agrawal 1.24 1.24 1.24 1.24 1.24
stichting depositary apg ... - 1.02 1.38 1.47 1.41
the new india assurance c... 1.63 1.63 1.60 1.60 1.54
bnp paribas financial mar... - - - 1.34 -
investor education and pr... - - 0.83 0.83 -
amansa holdings private l... 8.84 8.83 6.93 - -
bnp paribas arbitrage - o... - - 1.04 - -
mirae asset emerging blue... 8.69 8.99 9.95 - -
government pension fund g... 1.86 1.09 - - -
pgim india trustees priva... 1.96 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Ceat informs about details of loss of certificate 15 Mar 2024, 5:18PM Ceat informs about company updates23 Feb 2024, 5:13PM Ceat selected as official partner for IPL by BCCI23 Feb 2024, 12:58PM Ceat reports over 5-fold jump in Q3 consolidated net profit25 Jan 2024, 2:46PM CEAT gets approval for capital expenditure plan of Rs 572 crore25 Jan 2024, 10:59AM CEAT - Quaterly Results24 Jan 2024, 5:55PM CEAT - Quaterly Results24 Jan 2024, 5:55PM CEAT - Quaterly Results24 Jan 2024, 5:55PM Ceat invests Rs 300 lakh in Tyresnmore Online22 Dec 2023, 9:59AM CEAT informs about issuance of letter of confirmation5 Dec 2023, 4:23PM Ceat informs about disclosure 2 Nov 2023, 10:42AM Ceat reports many fold jump in Q2 consolidated net profit17 Oct 2023, 11:41AM CEAT - Quaterly Results16 Oct 2023, 6:24PM CEAT - Quaterly Results16 Oct 2023, 6:24PM CEAT - Quaterly Results16 Oct 2023, 6:24PM Ceat incorporates Wholly-owned Subsidiary in Brazil4 Oct 2023, 9:48AM CEAT informs about disclosure25 Sep 2023, 5:27PM CEAT informs about disclosure31 Aug 2023, 10:03AM CEAT informs about disclosure5 Aug 2023, 12:46PM Ceat inks share purchase agreement with Tyresnmore Online5 Aug 2023, 11:11AM CEAT lines up capex of around Rs 750 crore for ongoing fiscal31 Jul 2023, 12:46PM Ceat gets nod to raise up to Rs 500 crore through NCDs26 Jul 2023, 11:08AM Ceat reports many fold jump in Q1 consolidated net profit26 Jul 2023, 10:30AM CEAT - Quaterly Results25 Jul 2023, 5:55PM CEAT - Quaterly Results25 Jul 2023, 5:55PM CEAT - Quaterly Results25 Jul 2023, 5:55PM CEAT informs about loss of share certificate14 Jul 2023, 4:52PM CEAT to make further investment in Tyresnmore Online9 Jun 2023, 9:50AM CEAT’s division gets 5 star rating for Ambernath facility in British Safety Council Audit12 May 2023, 12:41PM Ceat informs about newspaper publication 5 May 2023, 4:52PM Ceat reports over 5-fold jump in Q4 consolidated net profit5 May 2023, 10:46AM CEAT - Quaterly Results4 May 2023, 6:28PM CEAT - Quaterly Results4 May 2023, 6:28PM CEAT’s Division inks agreement with CNH Industrial to supply agricultural radial tires 16 Mar 2023, 2:58PM CEAT informs about loss of share certificate9 Mar 2023, 2:53PM CEAT informs about analyst meet27 Feb 2023, 3:04PM Ceat turns black in Q3FY2327 Jan 2023, 2:31PM CEAT - Quaterly Results25 Jan 2023, 5:40PM CEAT - Quaterly Results25 Jan 2023, 5:40PM CEAT - Quaterly Results25 Jan 2023, 5:40PM CEAT informs about loss of share certificate29 Nov 2022, 5:14PM Ceat reports 85% fall in Q2 consolidated net profit8 Nov 2022, 11:29AM CEAT - Quaterly Results7 Nov 2022, 3:39PM CEAT - Quaterly Results7 Nov 2022, 3:39PM CEAT - Quaterly Results7 Nov 2022, 3:39PM Ceat informs about earnings call1 Nov 2022, 12:26PM Ceat informs about rescheduling of board meeting29 Oct 2022, 4:01PM Cyient reports 35% fall in Q2 consolidated net profit14 Oct 2022, 11:58AM CEAT invests in Taabi Mobility 13 Oct 2022, 6:06PM CEAT raises Rs 150 crore via NCDs20 Sep 2022, 9:09AM

CEAT Stock Price Analysis and Quick Research Report. Is CEAT an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). CEAT has a PE ratio of 14.9587248316045 which is low and comparatively undervalued .

  • Share Price: - The current share price of CEAT is Rs 2467.5. One can use valuation calculators of ticker to know if CEAT share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. CEAT has ROA of 2.23747595963497 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. CEAT has a Current ratio of 0.642194754384128 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. CEAT has a ROE of 6.35080443420204 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. CEAT has a D/E ratio of 0.6174 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. CEAT has an Inventory turnover ratio of 9.34481599940264 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - CEAT has reported revenue growth of 20.9460700145931 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of CEAT for the current financial year is 8.65957103005702 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for CEAT is Rs 12 and the yield is 0.4786 %.

Last Updated on:
Brief about CEAT

Ceat Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Welcome to the Ceat Ltd. stock analysis page, designed for long-term stock investors seeking in-depth analysis of this renowned company. Ceat Ltd. is a prominent Indian tire manufacturing company that offers a wide range of high-quality tires for various vehicles. In this comprehensive stock analysis, we will delve into various key aspects of Ceat Ltd.'s financial performance and provide valuable insights for potential investors.

Ceat Ltd. Share Price:

Understanding the share price trends of Ceat Ltd. is essential for long-term investors exploring potential investment opportunities. By closely analyzing the movement of the company's share price over time, investors can identify trends, compare performance with industry peers, and evaluate growth potential. Our website offers pre-built screening tools that enable efficient analysis of Ceat Ltd.'s share price trends, allowing investors to develop insightful investment strategies. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions.

Ceat Ltd. Balance Sheet:

Analyzing Ceat Ltd.'s balance sheet is crucial for evaluating the company's overall financial health and growth potential. The balance sheet provides insights into the company's liquidity, debt levels, and current ratio. By utilizing our pre-built screening tools, investors can compare Ceat Ltd.'s balance sheet with industry peers and evaluate potential investment opportunities for long-term growth.

Ceat Ltd. Annual Report:

Ceat Ltd.'s annual reports provide valuable information for long-term investors seeking a comprehensive understanding of the company's performance. Our website provides downloadable copies of Ceat Ltd.'s annual reports, enabling investors to delve into the information provided and develop insights into potential investment opportunities. Additionally, we offer premium feature tools, such as DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont Analysis, which provide more in-depth analysis for investors to make well-informed decisions about their long-term investment strategies.

Ceat Ltd. Dividend:

For long-term stock investors seeking consistent returns, understanding Ceat Ltd.'s dividend payout history is vital. Assessing the consistency and growth potential of the company's dividend payouts is essential. On our website, you can find information on Ceat Ltd.'s dividend payouts, enabling analysis and comparison with industry peers. Our pre-built screening tools are designed to help investors identify potential investment opportunities and make informed decisions about their long-term investments.

Ceat Ltd. Quarterly Results:

Analyzing Ceat Ltd.'s quarterly results is fundamental for long-term investors seeking a comprehensive understanding of the company's performance over time. Our website offers quick access to detailed analysis of Ceat Ltd.'s quarterly results, enabling investors to evaluate potential investment opportunities accurately. Additionally, we provide downloadable copies of Ceat Ltd.'s quarterly reports on our website, allowing investors to perform more in-depth analysis and gain valuable insights.

Ceat Ltd. Stock Price:

Ceat Ltd.'s stock price is a crucial factor governing the company's long-term growth potential. Analyzing the trends in Ceat Ltd.'s stock price over time and comparing its performance with industry peers is critical for long-term investors seeking potential investment opportunities. Our website offers pre-built screening tools that enable quick analysis and identification of potential long-term investment opportunities, empowering investors to make well-informed decisions about their investment strategies. Our website provides pre-built screening tools to help investors analyze stock prices and performance.

Ceat Ltd. Price Chart:

Graphical representation of Ceat Ltd.'s stock price trends is highly beneficial for long-term investors seeking potential investment opportunities. By utilizing the price charts available on our website and combining them with our pre-built screening tools, investors can gain valuable insights into the company's performance and growth potential for long-term investments.

Ceat Ltd. News:

Staying updated with the latest news and market developments is critical for long-term stock investors. Our website features timely articles and events related to Ceat Ltd.'s stock market performance, enabling investors to stay up-to-date on the latest developments and make informed decisions about potential investment opportunities.

Ceat Ltd. Concall Transcripts:

Analyzing Ceat Ltd.'s con call transcripts provides long-term investors with critical insights into the company's future guidance, strategic initiatives, and financial performance. On our website, you can access Ceat Ltd.'s con call transcripts as downloadable documents for in-depth analysis. Additionally, our premium feature tools, including DCF Analysis and Earnings multiple approaches, can help investors analyze the information provided in the transcripts and develop valuable insights for their long-term investment strategies.

Ceat Ltd. Investor Presentations:

Ceat Ltd.'s investor presentations offer a wealth of information for long-term investors interested in the company's growth potential. Our website provides downloadable copies of Ceat Ltd.'s investor presentations, allowing investors to analyze detailed information and gain insights for long-term investment strategies. Utilizing our premium feature tools, such as BVPS Analysis and DuPont Analysis, investors can dive deeper into the information presented and make well-informed decisions.

Ceat Ltd. Promoters and Shareholders:

Understanding the promoters and shareholders of Ceat Ltd. is crucial for long-term investors. Our website provides detailed information about the company's promoters and shareholders, facilitating in-depth analysis and informed decision-making. By utilizing our pre-built screening tools, investors can analyze Ceat Ltd.'s shareholding patterns and identify potential long-term growth opportunities.

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