CEAT
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CEAT share price

Ceat Ltd.

NSE: CEATLTD BSE: 500878 SECTOR: Tyres & Allied  211k   704   89

3100.60
-7.90 (-0.25%)
BSE: Today, 04:00 PM

Price Summary

Today's High

₹ 3145

Today's Low

₹ 3092.55

52 Week High

₹ 3262.2

52 Week Low

₹ 2180.2

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 12541.96 Cr.

Enterprise Value

₹ 14100.24 Cr.

No. of Shares

4.05 Cr.

P/E

21.57

P/B

3.04

Face Value

₹ 10

Div. Yield

0.97 %

Book Value (TTM)

₹  1018.74

CASH

₹ 34.69 Cr.

DEBT

₹ 1592.97 Cr.

Promoter Holding

47.21 %

EPS (TTM)

₹  143.75

Sales Growth

5.59%

ROE

17.93 %

ROCE

20.65%

Profit Growth

217.21 %

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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.

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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 Year5.59%
3 Year16.24%
5 Year11.73%

Profit Growth

1 Year217.21%
3 Year16.52%
5 Year17.76%

ROE%

1 Year17.93%
3 Year8.67%
5 Year9.62%

ROCE %

1 Year20.65%
3 Year12.02%
5 Year12.01%

Debt/Equity

0.4032

Price to Cash Flow

7.28

Interest Cover Ratio

4.2544

CFO/PAT (5 Yr. Avg.)

3.79291761903229

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 47.21 0.00
Jun 2024 47.21 0.00
Mar 2024 47.21 0.00
Dec 2023 47.21 0.00
Sep 2023 47.21 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 16.5157934417438% for the Past 3 years.
  • The company has shown a good revenue growth of 16.2357296117345% for the Past 3 years.
  • Company’s PEG ratio is 0.0993039380364052.
  • The company has an efficient Cash Conversion Cycle of -47.6025 days.
  • The company has a good cash flow management; CFO/PAT stands at 3.79291761903229.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.68611174091072.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 3043.23 2948.97 2979.22 3168.2 3298.13
Total Expenditure 2585.85 2531.92 2584.42 2786.67 2931.72
Operating Profit 457.38 417.05 394.8 381.53 366.41
Other Income 3.7 3.45 2.95 6.04 19.72
Interest 71.01 64.82 60.57 61.29 66.46
Depreciation 124.45 127.3 135.69 131.65 136.99
Exceptional Items 0 0 -42.51 7.46 -0.03
Profit Before Tax 265.62 228.38 158.98 202.09 182.65
Tax 66.48 51.72 39.92 52.85 46.14
Profit After Tax 199.14 176.66 119.06 149.24 136.51
Adjusted EPS (Rs) 49.23 43.67 29.43 36.89 33.75

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 6747.86 7572.79 9312.63 11263.26 11892.6
Total Expenditure 6030.14 6620.28 8615.31 10287.91 10237.5
Operating Profit 717.72 952.51 697.32 975.35 1655.1
Other Income 33.4 56.07 31.94 40.57 26.85
Interest 151.8 176.04 203.97 239.04 265.86
Depreciation 277.11 339.58 435.14 469.25 508.36
Exceptional Items -29.84 -34.06 -12.91 -33.42 -42.51
Profit Before Tax 292.37 458.9 77.24 274.21 865.22
Tax 67.76 45.26 22.91 67.94 210.92
Net Profit 224.61 413.64 54.33 206.27 654.3
Adjusted EPS (Rs.) 55.53 102.26 13.43 50.99 161.76

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 40.45 40.45 40.45 40.45 40.45
Total Reserves 2720.15 3124.29 3109.82 3305.15 3910.67
Borrowings 1640.78 1341.04 1719.16 1440.56 956.6
Other N/C liabilities 465.66 390.11 471.19 576.64 639.78
Current liabilities 2265.5 3025.57 3626.89 4107.43 4281.1
Total Liabilities 7132.54 7921.46 8967.51 9470.23 9828.6
Assets
Net Block 4159.52 4763.18 5328.94 6095.95 6246.23
Capital WIP 983.94 702.88 761.59 509.31 659.11
Intangible WIP 17.81 25 46.61 27.48 24.4
Investments 110.83 118.11 126.02 130.27 155.73
Loans & Advances 93.51 108.34 120.94 67.21 116.91
Other N/C Assets 4.74 3.43 3.08 2.24 2.13
Current Assets 1762.19 2200.52 2580.33 2637.77 2624.09
Total Assets 7132.54 7921.46 8967.51 9470.23 9828.6
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 292.37 458.9 77.24 274.21 865.22
Adjustment 418.4 508.15 628.13 685.08 754.46
Changes in Assets & Liabilities 272.08 429.97 -58.24 211.52 261.95
Tax Paid -14.52 -45.85 -14.8 44.42 -157.72
Operating Cash Flow 968.33 1351.17 632.33 1215.23 1723.91
Investing Cash Flow -1127.74 -626.18 -950.22 -859.97 -873.88
Financing Cash Flow 125.88 -727.88 311.33 -318.02 -868.07
Net Cash Flow -33.53 -2.89 -6.56 37.24 -18.04

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 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
stel holdings limited 3.66 3.66 3.66 - 3.66
summit securities limited... 2.59 2.59 2.59 - 2.59
swallow associates llp 11.09 11.09 11.09 - 11.09
instant holdings limited ... - - - 29.51 -
stel holdings limited - - - 3.66 -
summit securities limited... - - - 2.59 -
swallow associates llp - - - 11.09 -
harshvardhan goenka - 0.33 0.33 - -
harsh vardhan goenka 0.33 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 52.79 52.79 52.79 52.79 52.79
hdfc mutual fund - hdfc s... - - - - 2.66
india opportunities growt... - - - - 4.41
investor education and pr... 0.83 0.83 - 0.82 0.82
life insurance corporatio... - - - 1.28 1.28
llp 0.02 0.07 0.12 0.08 0.09
mirae asset nifty 500 mul... - - - - 9.36
mukul mahavir agrawal 1.24 1.24 1.24 1.24 1.11
sundaram mutual fund - su... - - - - 1.01
the new india assurance c... 1.60 1.60 1.54 1.54 1.51
india opportunities growt... 4.41 4.41 4.41 4.41 -
mirae asset multicap fund... - - - 9.94 -
stichting depositary apg ... 1.38 1.47 1.41 1.05 -
investor education and pr... - - 0.82 - -
mirae asset large & midca... - 9.95 9.91 - -
bnp paribas financial mar... - 1.34 - - -
amansa holdings private l... 6.93 - - - -
bnp paribas arbitrage - o... 1.04 - - - -
mirae asset emerging blue... 9.95 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

CEAT informs about issuance of letter of confirmation 19 Nov, 5:28 PM CEAT informs about earnings call transcript 19 Oct, 1:00 PM CEAT informs about newspaper publication 19 Oct, 12:25 PM CEAT reports 43% fall in Q2 consolidated net profit 18 Oct, 10:39 AM CEAT - Quaterly Results 17 Oct, 7:33 PM CEAT - Quaterly Results 17 Oct, 7:33 PM CEAT informs about loss of share certificate 10 Oct, 10:35 AM CEAT commissions new line for rolling out truck and bus radials at Chennai plant 11 Sep, 6:25 PM Ceat informs about details of loss of certificate 7 Aug, 12:52 PM CEAT informs about press release 2 Aug, 2:28 PM Ceat informs about newspaper publication 27 Jul, 3:35 PM Ceat informs about GST order 23 Jul, 1:08 PM Ceat reports 7% rise in Q1 consolidated net profit 19 Jul, 11:00 AM CEAT - Quaterly Results 18 Jul, 6:20 PM CEAT - Quaterly Results 18 Jul, 6:20 PM CEAT - Quaterly Results 18 Jul, 6:20 PM Ceat informs about details of loss of certificate 17 Jul, 12:31 PM CEAT gets nod to invest in Cleanwin Energy Five LLP 17 Jun, 5:35 PM Ceat informs about loss of share certificate 14 Jun, 1:58 PM CEAT informs about issuance of letter of confirmation 14 Jun, 12:26 PM Ceat informs about disclosure 7 Jun, 5:19 PM CEAT informs about loss of share certificate 4 Jun, 5:24 PM CEAT reports 23% fall in Q4 consolidated net profit 3 May, 2:09 PM CEAT informs about related party transactions 3 May, 10:04 AM CEAT - Quaterly Results 2 May, 7:36 PM CEAT - Quaterly Results 2 May, 7:36 PM Ceat informs about loss of certificate 26 Apr, 4:19 PM Ceat informs about details of loss of certificate 15 Mar, 5:18 PM Ceat informs about company updates 23 Feb, 5:13 PM Ceat selected as official partner for IPL by BCCI 23 Feb, 12:58 PM Ceat reports over 5-fold jump in Q3 consolidated net profit 25 Jan, 2:46 PM CEAT gets approval for capital expenditure plan of Rs 572 crore 25 Jan, 10:59 AM CEAT - Quaterly Results 24 Jan, 5:55 PM CEAT - Quaterly Results 24 Jan, 5:55 PM CEAT - Quaterly Results 24 Jan, 5:55 PM Ceat invests Rs 300 lakh in Tyresnmore Online 22 Dec, 9:59 AM CEAT informs about issuance of letter of confirmation 5 Dec, 4:23 PM Ceat informs about disclosure 2 Nov, 10:42 AM Ceat reports many fold jump in Q2 consolidated net profit 17 Oct, 11:41 AM CEAT - Quaterly Results 16 Oct, 6:24 PM CEAT - Quaterly Results 16 Oct, 6:24 PM CEAT - Quaterly Results 16 Oct, 6:24 PM Ceat incorporates Wholly-owned Subsidiary in Brazil 4 Oct, 9:48 AM CEAT informs about disclosure 25 Sep, 5:27 PM CEAT informs about disclosure 31 Aug, 10:03 AM CEAT informs about disclosure 5 Aug, 12:46 PM Ceat inks share purchase agreement with Tyresnmore Online 5 Aug, 11:11 AM CEAT lines up capex of around Rs 750 crore for ongoing fiscal 31 Jul, 12:46 PM Ceat gets nod to raise up to Rs 500 crore through NCDs 26 Jul, 11:08 AM Ceat reports many fold jump in Q1 consolidated net profit 26 Jul, 10:30 AM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse CEAT . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 21.5933913043478 which is high and comparatively overvalued .

  • Share Price: - The current share price of CEAT is Rs 3104.05. 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 6.7807 % 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 0.6129 .

  • 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 17.9341 % .(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 Debt to Equity ratio of 0.4032 which means that the company has low proportion of debt in its capital.

  • Sales growth: - CEAT has reported revenue growth of 5.5875 % which is poor 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 13.9170576661117 %.

  • 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 30 and the yield is 0.967 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of CEAT is Rs 143.75 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of CEAT in Ticker for free. Also, one can get the intrinsic value of CEAT by using Valuation Calculators, which are available with a Finology ONE subscription. 

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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