CEAT Ltd Analyst Rating
based on 18 analysts
72.22%
Buy
16.67%
Hold
11.11%
Sell
Based on 18 analysts offering long term price targets for CEAT Ltd. An average target of ₹3458.5
Source: S&P Global Market Intelligence
CEAT Ltd Share analysis
CEAT Ltd price forecast by 18 analysts
Upside of10.80%
High
₹4000
Target
₹3458.50
Low
₹2350
CEAT Ltd target price ₹3458.5, a slight upside of 10.8% compared to current price of ₹3010.95. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
CEAT Ltd revenue growth forecast
Expected growth rate Q1, FY2026:24.24%
Forecast
Actual
Including amortisation and stock based compensations
CEAT Ltd EPS growth forecast
EPS estimate Q1, FY2026:21.62%
Forecast
Actual
Source: S&P Global Market Intelligence
CEAT Ltd Performance
Day's Low
Day's High
₹2,955.05Day's Price Range₹3,130.3552 Week's Low
52 Week's High
₹2,210.1552-Week Price Range₹3,578.8
| Returns % | |
| 1 Month Return | + 13.38 % |
| 3 Month Return | + 6.4 % |
| 1 Year Return | + 29.26 % |
| Market Stats | |
| Previous Close | ₹3,121.45 |
| Open | ₹3,118.80 |
| Volume | 1.12L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,503.93Cr |
CEAT Ltd Key Statistics
| P/E Ratio | 22.3 |
| PEG Ratio | 2.03 |
| Market Cap | ₹12,503.93 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 | ₹12,503.93 Cr | 42.63% | 0.66 | ₹635 Cr | ₹11,943 Cr | |
| NA | ₹852.17 Cr | -2.29% | 0.00 | ₹26 Cr | ₹227 Cr | |
| NA | ₹210.18 Cr | 111.38% | 0.73 | NA | NA | |
| BUY | ₹10,940.25 Cr | 89.27% | 0.72 | ₹811 Cr | ₹15,001 Cr | |
| ₹2,770.55 Cr | 25.26% | 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: ₹3010.95 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹12,503.93Cr 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's Strategic Acquisition of Camso Brands Announced - 13 Dec, 2024
CEAT Limited has signed an agreement to acquire Camso's Off-Highway construction equipment business for $225 million. This acquisition is expected to significantly boost CEAT's market presence and revenue, contributing 25% by FY27. Despite short-term losses anticipated, the long-term outlook remains positive with a target price of Rs 3,800 from Anand Rathi Research.CEAT's Camso Acquisition Boosts Stock Ratings and Price Targets - 12 Dec, 2024
CEAT's acquisition of Camso has garnered positive responses from multiple brokerages, leading to increased target prices and a rise in share value. The deal is expected to enhance CEAT's premiumisation strategy and expand its high-margin segments, with EPS accretion anticipated in the coming years.Motilal Oswal Recommends Buy on Ceat Ltd - 11 Dec, 2024
Motilal Oswal Financial Services has issued a buy recommendation for Ceat Ltd with a target price of Rs 3450. The company reported a consolidated total income of Rs 3307.98 crore for the latest quarter, reflecting a 3.41% increase from the previous quarter. Ceat is focusing on expanding its market share in various segments, although the acquisition may increase leverage amid moderate demand. Promoters hold 47.21% of the company.CEAT's Camso Acquisition Boosts Revenue Outlook - 10 Dec, 2024
CEAT Ltd. announced the acquisition of Camso's off-highway tyre business from Michelin for $225 million, expecting a significant revenue boost. However, shares fell due to profit booking after a prior surge.CEAT Acquires Camso Brands, Shares Surge - 09 Dec, 2024
CEAT Ltd announced the acquisition of Camso brands from Michelin for $225 million, significantly enhancing its product portfolio in high-margin off-highway tyres. Shares soared over 12% following the news, with analysts optimistic about future earnings growth.Ceat Acquires Michelin's Camso Brands for $225 Million - 08 Dec, 2024
Ceat has entered a definitive agreement to acquire Michelin's Camso off-highway tyre brands and tracking business for $225 million. The deal includes two manufacturing plants in Sri Lanka and is expected to close by mid-2025. Ceat will fund the acquisition primarily through debt, with 70% of the payment made upfront.CEAT Acquires Michelin's Camso Brand for Growth - 07 Dec, 2024
CEAT Ltd has signed a definitive agreement to acquire Michelin's Camso brand and two manufacturing plants in Sri Lanka for $225 million, boosting its off-highway tyre segment and expanding its global customer base.CEAT Acquires Camso Off-Highway Tyre Business - 06 Dec, 2024
CEAT has entered a definitive agreement to acquire Michelin's Camso off-highway tyre and tracks business for approximately ₹1,905 crore. This acquisition will significantly enhance CEAT's global footprint and product offerings in the high-margin off-highway tyre segment, providing access to a wide customer base and advanced manufacturing facilities.Ceat Appoints New Chief Digital Transformation Officer - 04 Dec, 2024
Ceat Ltd has appointed Debashish Roy as the chief digital transformation officer. He will report to CEO Amit Tolani and focus on driving digital innovation and customer-centric initiatives.CEAT Plans Price Hikes Amid Rising Input Costs - 21 Nov, 2024
CEAT intends to raise prices by 1.5-2% across various product categories to counter rising raw material costs. Despite mixed demand trends, the company expects double-digit revenue growth in the second half of the year.CEAT Faces Raw Material Cost Challenges - 16 Nov, 2024
CEAT Ltd reports a 6% increase in raw material costs due to rising natural rubber prices, prompting price hikes for passenger car radial tyres. Further increases are anticipated in the December quarter.
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 IMPACTBest in 1 Year
In the last 1 year, CEATLTD has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, 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
- POSITIVE IMPACT
Revenue 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
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 47.21% of holdings in Sep 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 7 days, CEATLTD stock has moved down by -3.0%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 16.93% to 16.40% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit 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
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 (22.30x)
December 19, 2024
Industry (29.39x)
December 19, 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 1.39%.
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
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CEAT Ltd (CEATLTD) share price today is ₹3010.95
CEAT Ltd is listed on NSE
CEAT Ltd is listed on BSE
- Today’s highest price of CEAT Ltd is ₹3130.35.
- Today’s lowest price of CEAT Ltd is ₹2955.05.
PE Ratio of CEAT Ltd is 22.3
PE ratio = CEAT Ltd Market price per share / CEAT Ltd Earnings per share
Today’s traded volume of CEAT Ltd(CEATLTD) is 1.12L.
Today’s market capitalisation of CEAT Ltd(CEATLTD) is ₹12503.93Cr.
| CEAT Ltd(CEATLTD | Price |
|---|---|
52 Week High | ₹3578.8 |
52 Week Low | ₹2210.15 |
CEAT Ltd(CEATLTD) share price is ₹3010.95. It is down -15.87% from its 52 Week High price of ₹3578.8
CEAT Ltd(CEATLTD) share price is ₹3010.95. It is up 36.23% from its 52 Week Low price of ₹2210.15
| CEAT Ltd(CEATLTD | Returns |
|---|---|
1 Day Returns | -110.5% |
1 Month Returns | 13.38% |
3 Month Returns | 6.4% |
1 Year Returns | 29.26% |