Should I buy or sell CEAT?

The average broker rating on CEAT is Buy. The breakup of analyst rating is given below - 1 analysts have given a strong sell rating 1 analysts have given a sell rating 1 analysts have given a hold rating 1 analysts have given a buy rating 2 analysts have given a strong buy rating

Is CEAT a good stock to invest in?

CEAT can be analyzed on the following key metrics - TTM P/E: 16.45 Sector P/E: 34.82 Dividend Yield: 0.57 D/E ratio: 0.55

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Business News/Market/Market Stats/ CEAT share price

CEAT Corporate Actions

Company Profile

CEAT share price

Sector: Tires

CEAT is trading 0.84% upper at Rs 2,105.00 as compared to its last closing price. CEAT has been trading in the price range of 2,117.00 & 2,096.75. CEAT has given 27.31% in this year & -0.38% in the last 5 days.

CEAT has TTM P/E ratio 16.45 as compared to the sector P/E of 34.82.There are 19 analysts who have initiated coverage on CEAT. There are 7 analysts who have given it a strong buy rating & 5 analysts have given it a buy rating. 2 analysts have given the stock a sell rating.

The company posted a net profit of 208.00 Crores in its last quarter.

Listed peers of CEAT include Apollo Tyres (0.75%), Bengal & Assam Company (0.15%), CEAT (0.84%) etc.

CEAT has a 47.21% promoter holding & 52.79% public holding.The Mutual Fund holding in CEAT was at 2.21% in 30 Sep 2023. The MF holding has decreased from the last quarter. The FII holding in CEAT was at 24.09% in 30 Sep 2023. The FII holding has decreased from the last quarter.

2,105.00 +17.50 (0.84%)Updated : Wed 29 Nov, 2023 | 15:29:55

CEAT share price range

Today's Low

2,096.75

Today's High

2,117.00

52 Week Low

1,357.60

52 Week High

2,640.00

CEAT share Key Metrics

Market Cap ( ₹ Cr.)

8,458.11

Beta	0.68
Div. Yield (%)	0.57
P/B	2.46
D/E	0.55
Open Price	2,111.05

TTM P/E	16.45
Peg. Ratio	0.73
Sector P/E	34.82
Prev. Close	2,087.50

CEATLTD share Key metrics

CEAT stock Analysis

Price Analysis

1 Week	-0.38%
3 Months	-6.90%
6 Month	9.18%
YTD	27.31%
1 Year	8.99%

Risk Meter

35%Balanced risk
35%Balanced risk
35%Balanced risk
35%Balanced risk
35%Balanced risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings	Current	1 W Ago	1 M Ago	3 M Ago
Strong Buy	7	7	7	5
Buy	5	5	5	3
Hold	2	2	2	4
Sell	2	2	2	5
Strong Sell	3	3	3	3
Total	19	19	19	20

CEAT Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Total Revenue	11,314.88	9,363.41	7,609.60	6,778.83
Selling/ General/ Admin Expenses Total	2,027.72	1,962.69	1,849.83	1,690.27
Depreciation/ Amortization	469.31	435.20	339.63	276.51
Other Operating Expenses Total	363.77	223.85	167.22	165.39
Total Operating Expense	10,843.80	9,091.01	6,992.39	6,358.78
Operating Income	471.08	272.40	617.21	420.05
Net Income Before Taxes	254.14	94.88	483.89	304.29
Net Income	186.17	71.20	432.04	231.25
Diluted Normalized EPS	68.66	23.05	116.25	62.59

*All figures in crores except per share values

Detailed CEATLTD Financials

CEAT forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Mutual Fund Ownership

Ownership as on: Wed, 29 Nov, 2023

Mirae Asset Great Consumer Regular Growth

Equity

Amount Invested (Cr.)90.13

% of AUM3.48%

Mirae Asset Midcap Fund Regular Growth

3/5

Equity

Amount Invested (Cr.)197.23

% of AUM1.65%

Axis Quant Fund Regular Growth

Equity

Amount Invested (Cr.)13.82

% of AUM1.44%

Mirae Asset Tax Saver Fund -Regular Plan-Growth

4/5

Equity

Amount Invested (Cr.)250.16

% of AUM1.42%

Mirae Asset Multicap Fund Regular Growth

Equity

Amount Invested (Cr.)20.89

% of AUM1.40%

View All

CEAT Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
16-Oct-23	Quarterly Results
25-Jul-23	Quarterly Results & Others
04-May-23	Audited Results & Dividend
25-Jan-23	Quarterly Results
08-Nov-22	Quarterly Results
07-Nov-22	Quarterly Results
20-Jul-22	Quarterly Results & Others
05-May-22	Audited Results & Final Dividend
19-Jan-22	Quarterly Results
25-Oct-21	Quarterly Results & Others

Meeting Date	Announcement On	Purpose
02-May-23	29-Mar-23	POM

Announcement On	Record Date	Ex-Dividend	Dividend Value
04-May-23	20-Jun-23	20-Jun-23	12
05-May-22	13-Jun-22	10-Jun-22	3
05-May-21	30-Aug-21	27-Aug-21	18

Detailed CEATLTD Corporate actions

CEAT Company profile

ABOUT CEAT

Industry Tires
ISIN INE482A01020
BSE Code 500878
NSE Code CEATLTD

CEAT Limited is an India-based tire company. The Company’s principal business is manufacturing of automotive tires, tubes and flaps. The Company manufactures tires for a broad range of vehicles, including two/three wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles. The Company's tire categories include car, bike and scooter tires. It offers tires for various cars such as Maruti Alto, Maruti Alto K10, Maruti Swift, Maruti Swift Dzire and Maruti Wagon R. It offers tires for various bikes such as Hero Splendor, Hero Passion, Honda Shine, Honda Dream, Honda Unicorn, TVS Apache, Yamaha FZ, Royal Enfield, Bajaj CT 100/110, Bajaj Platina and Bajaj Dominar. It offers tires for various scooters such as Honda Activa, Suzuki Access, TVS Jupiter and Hero EZ. CEAT.com, its e-commerce Website, where customers can opt for doorstep tire delivery, fitment at home or they can pick up from an authorized store (physically). The Company also sells cricket bats.

CEAT Management

Arnab Banerjee Chief Executive Officer, Managing Director, Executive Director
Kumar Subbiah Chief Financial Officer, Executive Director - Finance
Somraj Roy Chief Human Resource Officer
Saurav Mukherjee Senior Vice President - Global Sales
Renji Issac Senior Vice President - R&D and Technology
Jayasankar Kuruppal Senior Vice President - Manufacturing
Vallari Gupte Compliance Officer, Company Secretary