1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
CEAT Limited

CEAT Limited

CEATLTD.BO
CEAT LimitedIN flagBombay Stock Exchange
3,914.50
INR
+108.65
- -
158.47BMarket Cap
CEAT Limited
CEATLTD.BO
(Bombay Stock Exchange)

Recent

price

3,914.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,060.38
1,348.48
1,464.06
1,558.04
1,524.87
1,348.6
1,417.87
1,544.41
1,710.56
1,652.17
1,863.02
2,260.43
2,756.25
2,912.65
3,267.83
3,880.76
3,351.13
Revenue per Share
8.01
5.31
35.1
76.58
84.62
108.17
89.28
58.83
62.35
57.17
106.81
17.6
46.02
158.87
116.85
172.78
106.54
Basic EPS, GAAP
-104.61
-39.53
145.91
13.83
118.96
-8.92
-62.56
46.61
138.79
-40.05
177.55
-84
80.68
210.62
36.74
158.17
- -
Free Cash Flow per Basic Share
4.62
2.02
1.01
4.06
9.53
21.24
0.16
11.69
10.96
23.74
0.09
18.44
3.12
12
30
30.04
- -
Dividend per Share
84.64
88.78
10
10.15
247.2
309.1
393.71
437.24
484.99
512.54
620.05
620.66
662.11
809.08
894.7
10.01
- -
Book Value per Share
166.28
173.01
205.22
276.71
450.76
501.2
585.38
630.08
662.93
695.57
795.05
781.62
826.14
971.72
1,042.82
1,127.03
- -
Tangible Book Value per Share
34
34
34
35
37
40
40
40
40
40
40
40
40
40
40
40
40
Basic Weighted Avg Shares
36,311
46,177
50,134
55,180
57,156
54,551
57,353
62,471
69,192
66,830
75,359
91,434
111,490
117,817
132,179
156,780
135,545
Sales/Revenue/Turnover
3.84
4.46
7.48
10.69
10.6
12.6
9.2
7.65
6.27
6.82
8.99
3.16
4.55
9.71
6.9
8.61
6.62
Operating Margin (%)
359
728
806
865
934
1,077
1,431
1,686
1,927
2,765
3,396
4,352
4,693
5,088
5,627
6,974
5,823
Depreciation Expense
274
182
1,202
2,712
3,172
4,375
3,612
2,380
2,522
2,312
4,320
712
1,862
6,426
4,726
6,980
4,309
Net Income, GAAP
34.45
24.87
27.81
32.85
33.43
31.92
22.85
36.49
33.26
24.39
10.66
25.61
28.23
25.85
27.68
29.04
27.85
Effective Tax Rate (%)
0.76
0.39
2.4
4.92
5.55
8.02
6.3
3.81
3.65
3.46
5.73
0.78
1.67
5.45
3.58
4.45
3.18
Profit Margin (%)
-2,527
-3,546
-3,881
-1,154
3,186
2,618
4,341
-243
-1,289
-4,721
-8,058
-10,217
-14,558
-15,944
-17,328
-20,518
- -
Working Capital
6,047
5,830
4,240
4,233
3,517
5,879
8,524
4,512
12,226
17,045
14,079
17,996
15,711
10,583
10,585
16,620
- -
LT Debt
6,537
6,776
7,855
10,649
17,461
20,870
24,441
26,295
27,899
29,316
33,395
32,964
34,570
40,524
43,763
50,540
- -
Total Equity
6.28
8.68
14.24
19.62
16.99
17.56
13.16
8.77
7.33
7.39
12.2
4.09
6.43
14.57
10.6
12.84
- -
Return on Invested Capital (%)
8.02
9.57
17.01
31.66
26.47
27.2
18.97
11.69
10.04
9.01
14.18
4.98
7.35
16.82
12.45
20.99
35.8
Return on Capital (%)
7.34
6.12
71.07
772.76
65.91
40.2
25.41
14.16
13.52
11.46
18.86
2.84
7.18
21.6
13.72
38.15
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
10,779
- -
LT Borrowings
- -
9,236
- -
LT Finance Leases
- -
1,349
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
40
- -
Market Capitalization
130,769
116,526
149,008

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
34,321
- -
Cash, Cash Equivalents & STI
- -
496
- -
Accounts Receivable, Net
- -
16,533
- -
Inventories
- -
14,115
- -
Total Current Liabilities
- -
51,649
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
10,779
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.41%
8.86%
15.49%
Free Cash Flow
1.77%
13.03%
330.02%
Net Income, GAAP
37.73%
68.88%
47.69%
Sales/Revenue/Turnover
11.39%
15.95%
18.61%
Total Cash Common Dividend
2,685.65%
3,976.57%
-0.01%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
29,352
30,533
29,631
28,301
117,817
2025
31,928
33,045
32,999
34,206
132,179
2026
35,294
41,570
42,189
- -
156,780

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35.75
51.42
44.87
- -
158.87
2025
38.11
30.13
24.01
24.6
116.85
2026
27.8
38.59
60.45
- -
172.78

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12
2025
- -
- -
- -
- -
30
2026
- -
- -
- -
- -
30.04
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Business
CEAT Limited is an Indian multinational tyre manufacturing company founded in 1924 and headquartered in Mumbai, India. It operates as a subsidiary of RPG Enterprises Limited. The company produces a comprehensive range of tyres including those for passenger vehicles, two-wheelers, trucks, buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. CEAT also manufactures off-highway tyres for construction, agricultural, and material handling equipment under its CEAT Specialty division. CEAT operates multiple manufacturing plants across India and has an extensive export footprint covering Asia, America, and Europe. Its product portfolio includes passenger car radial and two-wheeler radial tyres, all-terrain tyres for SUVs, and specialized tyres for agricultural and forestry applications featuring soil-protective and sustainability-focused technologies. In the last two years, CEAT has made significant strategic moves, including the acquisition of Michelin Group’s CAMSO Construction Compact Line Business for approximately $255 million. This acquisition, which includes two manufacturing plants in Sri Lanka and global brand rights to CAMSO, strengthens CEAT’s position in the off-highway tyre (OHT) segment by expanding its product offerings in compact construction equipment tyres and rubber tracks. CEAT’s recent product innovations include the launch of SecuraDrive, a sustainable passenger car tyre with high bio-based content, and a new range of agricultural and forestry tyres showcased at EIMA 2024 in Italy. These moves align with CEAT's strategy to grow its global presence and enhance its portfolio in high-margin, specialized tyre segments. CEAT’s key markets include India, Europe, North America, and Asia, supported by partnerships and a growing network of OEMs and distributors. The company reported strong financial performance in recent quarters, driven by domestic demand and GST reductions, reflecting its robust market position across replacement and original equipment manufacturer segments.