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CEAT Share Price

(CEATLTD)

₹3024.550.64%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

CEAT Analyst Rating

based on 17 analysts

BUY

76.47%

Buy

11.76%

Hold

11.76%

Sell

Based on 17 analysts offering long term price targets for CEAT. An average target of ₹3471

Source: S&P Global Market Intelligence

CEAT Share analysis

CEAT price forecast by 17 analysts

Upside of14.76%

High

₹4000

Target

₹3471.00

Low

₹2350

CEAT target price ₹3471, a slight upside of 14.76% compared to current price of ₹3024.55. According to 17 analysts rating.

Source: S&P Global Market Intelligence

CEAT Performance

  • Day's Low

    Day's High

    ₹2,973.05
    Day's Price Range
    ₹3,048
  • 52 Week's Low

    52 Week's High

    ₹2,210.15
    52-Week Price Range
    ₹3,578.8
1 Month Return-2.16 %
3 Month Return+ 1.74 %
1 Year Return+ 19.96 %
Previous Close₹3,044.00
Open₹3,047.60
Volume83.37K
Upper Circuit-
Lower Circuit-
Market Cap₹12,313.01Cr

CEAT Key Statistics

P/E Ratio25.4
PEG Ratio-0.55
Market Cap₹12,313.01 Cr
P/B Ratio2.74
EPS157.05
Dividend Yield1.12
SectorTyres
ROE17.93

CEAT Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹12,313.01 Cr39.95%0.66₹635 Cr₹11,943 Cr
NA₹83.31 Cr-0.18%0.64NANA
NA₹273.26 Cr-5.8%0.77₹11 Cr₹170 Cr
BUY₹28,935.20 Cr32.05%0.64₹1,721 Cr₹25,377 Cr
NA₹228.68 Cr89.53%0.73NANA

About CEAT

CEAT Ltd is a leading tyre manufacturing and distribution company based in India. Incorporated in 1958, CEAT has since grown to become one of the largest tyre manufacturers in India, with a presence in over 100 countries.

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: ₹3024.55 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹12,313.01Cr as of today
Revenue: ₹3,299.90Cr as on December 2024 (Q4 24)
Net Profit: ₹91.61Cr as on December 2024 (Q4 24)
Listing date: 03 Nov, 1994
Chairperson Name: H V Goenka
OrganisationCEAT
Headquarters
IndustryTyres
E-voting on sharesClick here to vote
Ceat Tyres Share Price

Key events for CEAT Ltd

  • CEAT Reports Decline in Q3 Profit Amid Revenue Growth - 15 Jan, 2025

    CEAT Ltd's Q3 results show a 46.48% drop in net profit to Rs 97.03 crore, impacted by high raw material costs, despite an 11% revenue increase. The company plans a ₹400 crore capex to enhance production capacity.
  • CEAT Facility Joins WEF Global Lighthouse Network - 14 Jan, 2025

    CEAT's facility in Sriperumbudur has been recognized by the World Economic Forum for its innovative manufacturing transformation, deploying over 30 digital solutions to improve productivity and reduce emissions significantly.
  • Ceat Positioned for Growth Amid RM Inflation - 10 Jan, 2025

    Ceat is expected to achieve high single to early double-digit volume growth in FY25, focusing on high-margin segments like exports and PCR. Despite weak gross margins in 3QFY25, consistent price hikes and recent raw material corrections are anticipated to support margins from Q4-FY25. The broker maintains an 'Add' rating with a target price of ₹3,651, citing reasonable valuations and improved positioning.
  • CEAT Invests in Rubber Production Enhancement - 08 Jan, 2025

    CEAT Ltd and other tyre manufacturers are investing INR 100 crore in the Northeast and West Bengal to improve natural rubber production through training and infrastructure development under Project INROAD.
  • CEAT Invests in Tyresnmore to Maintain Ownership - 07 Jan, 2025

    CEAT Limited has approved a Rs 2.57 crore investment in its wholly-owned subsidiary, Tyresnmore, through a rights issue to maintain 100% ownership. The investment aims to strengthen CEAT's position in the auto ancillary sector.
  • CEAT Acquires Michelin's Off-Highway Tyre Business - 01 Jan, 2025

    CEAT has signed an agreement to acquire Michelin's Camso Off-Highway construction equipment tyre business, which is projected to enhance EPS by 7-8% in FY26.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.20% to 15.12% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, CEATLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CEATLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 47.21% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, CEATLTD stock has moved down by -1.9%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 154.16 Cr → 97.11 Cr (in ₹), with an average decrease of 20.6% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 3.30K Cr → 3.30K Cr (in ₹), with an average decrease of 0.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 16.93% to 16.40% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 18.76% to 16.65% in Sep 2024 quarter

CEAT Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹2,963.14Cr (-)₹2,991.85Cr (↑0.97%)₹3,192.82Cr (↑6.72%)₹3,304.53Cr (↑3.50%)₹3,299.90Cr (↓0.14%)
Net Income₹173.11Cr (-)₹92.87Cr (↓46.35%)₹148.89Cr (↑60.32%)₹115.83Cr (↓22.20%)₹91.61Cr (↓20.91%)
Net Profit Margin5.84% (-)3.10% (↓46.92%)4.66% (↑50.32%)3.51% (↓24.68%)2.78% (↓20.80%)
Value in ₹ crore
Details2021202220232024
Total Assets₹7,907.30Cr (-)₹8,960.90Cr (↑13.32%)₹9,469.13Cr (↑5.67%)₹9,828.45Cr (↑3.79%)
Total Liabilities₹4,742.56Cr (-)₹5,810.63Cr (↑22.52%)₹6,123.53Cr (↑5.38%)₹5,877.33Cr (↓4.02%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹968.33Cr (-)₹1,351.17Cr (↑39.54%)₹632.33Cr (↓53.20%)₹1,215.23Cr (↑92.18%)₹1,723.91Cr (↑41.86%)

Index Inclusions

Nifty Smallcap 250

₹16,700.50

-0.04 (-7.4%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

S&P BSE 250 SmallCap

₹6,677.71

-0.04 (-2.74%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

CEAT Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
47.21%
0.00
Foreign Institutions
16.65%
-11.25
Mutual Funds
15.12%
23.85
Retail Investors
16.4%
-3.13
Others
4.63%
-5.54

CEAT Key Indicators

Details20202021202220232024
Return On Equity %8.1513.962.077.117.93
Details20202021202220232024
Return On Assets %3.145.460.791.976.54
Details20202021202220232024
Book Value Per Share (₹)718.89819.85809.1850.34999.41
Details20202021202220232024
Earning Per Share (₹)56.88106.8717.4545.09157.05

CEAT Valuation

CEAT in the last 5 years

  • Overview

  • Trends

Lowest (10.32x)

March 24, 2020

Today (25.40x)

January 17, 2025

Industry (26.79x)

January 17, 2025

Highest (351.64x)

December 2, 2022

LowHigh

CEAT Earnings and Dividends

  • CEAT Ltd Earnings Results

    CEAT Ltd’s net profit fell -46.49% since last year same period to ₹97.11Cr in the Q3 2024-2025. On a quarterly growth basis, CEAT Ltd has generated -20.32% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • CEAT Ltd Dividends May,2024

    In the quarter ending March 2024, CEAT Ltd has declared dividend of ₹30 - translating a dividend yield of 1.39%.

    Read More about Dividends

CEAT Technicals Summary

Bearish

Neutral

Bullish

Bearish

CEAT Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on CEAT Ltd

CEAT Ltd share price today stands at ₹3024.55, Open. ₹3047.6 ; Previous Close. ₹3044 ; High. ₹3048 ; Low. ₹2973.05 ; 52 Week High. ₹3578.8 ; 52 Week Low: ₹2210.15.

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CEAT Ltd is listed on NSE

CEAT Ltd is listed on BSE

  • Today’s highest price of CEAT Ltd is ₹3048.
  • Today’s lowest price of CEAT Ltd is ₹2973.05.

PE Ratio of CEAT Ltd is 25.4

PE ratio = CEAT Ltd Market price per share / CEAT Ltd Earnings per share

Today’s traded volume of CEAT Ltd(CEATLTD) is 83.37K.

Today’s market capitalisation of CEAT Ltd(CEATLTD) is ₹12313.01Cr.

CEAT Ltd(CEATLTDPrice
52 Week High
₹3578.8
52 Week Low
₹2210.15

CEAT Ltd(CEATLTD) share price is ₹3024.55. It is down -15.49% from its 52 Week High price of ₹3578.8

CEAT Ltd(CEATLTD) share price is ₹3024.55. It is up 36.85% from its 52 Week Low price of ₹2210.15

CEAT Ltd(CEATLTDReturns
1 Day Returns
-19.45%
1 Month Returns
-2.16%
3 Month Returns
1.74%
1 Year Returns
19.96%