CEAT Ltd Analyst Rating
based on 18 analysts
73.68%
Buy
15.79%
Hold
10.53%
Sell
Based on 18 analysts offering long term price targets for CEAT Ltd. An average target of ₹3236.06
Source: S&P Global Market Intelligence
CEAT Ltd Share analysis
CEAT Ltd price forecast by 18 analysts
Upside of18.27%
High
₹3959
Target
₹3236.06
Low
₹2350
CEAT Ltd target price ₹3236.06, a slight upside of 18.27% compared to current price of ₹2737.2. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
CEAT Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.66%
Forecast
Actual
Including amortisation and stock based compensations
CEAT Ltd EPS growth forecast
EPS estimate Q1, FY2026:20.76%
Forecast
Actual
Source: S&P Global Market Intelligence
CEAT Ltd Performance
Day's Low
Day's High
₹2,701.05₹2,767.0552 Week's Low
52 Week's High
₹2,061₹3,263
| Returns % | |
| 1 Month Return | -7.6 % |
| 3 Month Return | + 7.25 % |
| 1 Year Return | + 30.68 % |
| Market Stats | |
| Previous Close | ₹2,736.15 |
| Open | ₹2,710.15 |
| Volume | 58.88K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹11,067.75Cr |
CEAT Ltd Key Statistics
| P/E Ratio | 19.55 |
| PEG Ratio | 1.78 |
| Market Cap | ₹11,067.75 Cr |
| P/B Ratio | 2.74 |
| EPS | 157.05 |
| Dividend Yield | 1.12 |
| Sector | Tyres |
| ROE | 17.93 |
CEAT Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹11,067.75 Cr | 34.52% | 0.66 | ₹635 Cr | ₹11,943 Cr | |
| BUY | ₹10,714.18 Cr | 88.39% | 0.72 | ₹811 Cr | ₹15,001 Cr | |
| NA | ₹77.18 Cr | -1.48% | 0.64 | NA | NA | |
| BUY | ₹30,815.10 Cr | 33.96% | 0.64 | ₹1,721 Cr | ₹25,377 Cr | |
| ₹2,893.14 Cr | 20.34% | 0.72 | ₹107 Cr | ₹3,173 Cr |
CEAT Ltd Mutual Fund Holdings
About CEAT Ltd
CEAT has a wide range of operations, including manufacturing, retailing, and distribution of tyres for cars, motorcycles, and commercial vehicles. The company also produces tyres for specialty vehicles, such as tractors, earthmovers, and off-road vehicles. CEAT's top products include radial tyres, all-terrain tyres, and tubeless tyres, as well as a range of accessories such as tyre tubes, rims, and wheel covers.
The company's popular brands include CEAT, Milaze, Zoom, and Gripp. CEAT has also recently launched the "CEAT SecuraDrive" range of tyres, which are designed to provide superior performance and safety in all conditions. The company has also developed a range of eco-friendly tyres, which are designed to reduce fuel consumption and emissions.
Share Price: ₹2737.20 per share as on 05 Nov, 2024 04:01 PM
Market Capitalisation: ₹11,067.75Cr as of today
Revenue: ₹3,304.53Cr as on September 2024 (Q3 24)
Net Profit: ₹115.83Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: H V Goenka
| Organisation | CEAT Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for CEAT Ltd
CEAT Faces Margin Pressure Amid Input Cost Volatility - 21 Oct, 2024
CEAT's Q2FY25 results show increased revenue but declining margins due to higher input costs. Analysts maintain Hold rating, with target prices adjusted amid ongoing challenges.
CEAT Anticipates Relief from High Rubber Prices - 20 Oct, 2024
CEAT Ltd's CEO forecasts easing raw material costs in the second half of the fiscal year, with continued double-digit growth in aftermarket and recovery in international business despite previous challenges.
CEAT Reports Significant Profit Decline in Q2 - 18 Oct, 2024
CEAT Ltd reported a 41.5% decline in Q2 profit to ₹121.5 crore, despite an 8.2% revenue increase. The stock fell over 6% following the results, reflecting concerns over declining margins and rising commodity costs. The company plans to implement selective price increases to improve margins amid these challenges.
CEAT Reports Declining Profits Amid Revenue Growth - 17 Oct, 2024
CEAT Ltd reported a significant decline in Q2 profits, down 42% year-on-year, despite an 8.2% increase in revenue. The company also announced plans for a subsidiary in Indonesia. High raw material costs impacted profitability, leading to missed profit estimates.
CEAT Ltd Shares Decline Amid Market Pressure - 04 Oct, 2024
CEAT Ltd shares have experienced a decline over the last two days, falling by 4.35%. On Friday, the stock dropped 2.8% to an intraday low of Rs 2,985.75 on the NSE.
CEAT Ltd Takes Legal Action Against Apollo Tyres - 22 Sep, 2024
CEAT Ltd has approached the court regarding an Apollo Tyres commercial that allegedly depicts its CrossDRIVE AT Tyre as worn out, while comparing it to a new Apollo APTERRA AT2 tyre. CEAT's trademark is also featured in the advertisement.
Insights on CEAT Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 4 quarters, 2.96K Cr → 3.30K Cr (in ₹), with an average increase of 3.5% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, CEATLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.20% to 15.12% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Bengal & Assam Company Ltd has given 371.1% return, outperforming this stock by 254.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 47.21% of holdings in Sep 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 154.16 Cr → 121.88 Cr (in ₹), with an average decrease of 20.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 16.93% to 16.40% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, CEATLTD stock has moved down by -1.4%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 18.76% to 16.65% in Sep 2024 quarter
CEAT Ltd Financials
Index Inclusions
CEAT Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 47.21% | 0.00 | |
| Foreign Institutions | 16.65% | ||
| Mutual Funds | 15.12% | 23.85 | |
| Retail Investors | 16.4% | ||
| Others | 4.63% |
CEAT Ltd Key Indicators
CEAT Ltd Valuation
CEAT Ltd in the last 5 years
Lowest (10.32x)
March 24, 2020
Today (19.55x)
November 4, 2024
Industry (28.50x)
November 4, 2024
Highest (351.64x)
December 2, 2022
CEAT Ltd Earnings and Dividends
CEAT Ltd Earnings Results
CEAT Ltd’s net profit fell -41.4% since last year same period to ₹121.88Cr in the Q2 2024-2025. On a quarterly growth basis, CEAT Ltd has generated -20.94% fall in its net profits since last 3-months.
Read More about Earnings ResultsCEAT Ltd Dividends May,2024
In the quarter ending March 2024, CEAT Ltd has declared dividend of ₹30 - translating a dividend yield of 1.54%.
Read More about Dividends
CEAT Ltd Technicals Summary
Bearish
Neutral
Bullish
CEAT Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on CEAT Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy CEAT Ltd shares.
CEAT Ltd (CEATLTD) share price today is ₹2737.2
CEAT Ltd is listed on NSE
CEAT Ltd is listed on BSE
- Today’s highest price of CEAT Ltd is ₹2767.05.
- Today’s lowest price of CEAT Ltd is ₹2701.05.
PE Ratio of CEAT Ltd is 19.55
PE ratio = CEAT Ltd Market price per share / CEAT Ltd Earnings per share
Today’s traded volume of CEAT Ltd(CEATLTD) is 58.88K.
Today’s market capitalisation of CEAT Ltd(CEATLTD) is ₹11067.75Cr.
| CEAT Ltd(CEATLTD | Price |
|---|---|
52 Week High | ₹3263 |
52 Week Low | ₹2061 |
CEAT Ltd(CEATLTD) share price is ₹2737.2. It is down -16.11% from its 52 Week High price of ₹3263
CEAT Ltd(CEATLTD) share price is ₹2737.2. It is up 32.81% from its 52 Week Low price of ₹2061
| CEAT Ltd(CEATLTD | Returns |
|---|---|
1 Day Returns | 1.05% |
1 Month Returns | -7.6% |
3 Month Returns | 7.25% |
1 Year Returns | 30.68% |