CEATLTDAutomobile and Auto Components

CEAT Limited

Tyres & Rubber Products · ISIN INE482A01020 · BSE 500878 · NSE EQ · FV ₹10
Last price
₹3,431
+3.80%today
What this company does

CEAT Limited operates in Tyres & Rubber Products, part of the Automobile and Auto Components sector. It booked ₹4,318 cr of revenue in its latest quarter (Q1 FY27) and kept 0.1% of sales as profit. It is the 4th largest of 8 Tyres & Rubber Products companies we track, by market value.

A US$ 5.2 billion diversified global conglomerate, RPG Group was founded in 1979 by the legendary industrialist Dr Corporate Overview R.P. Goenka and has a lineage dating to the early 19th century. Today, its businesses span key sectors of Industry About the Report 2 infrastructure, tyres, IT & technology, pharmaceuticals, energy products and plantations among others, with a footprint in over 135 countries.
In the report:
40out of 100
Equitytale Health Score
Strained

Healthier than 40% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 9–48 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality76

Whether reported profit actually arrives as cash

Growth & consistency72

Whether sales and profit have grown, and how steadily

Valuation25

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 22% vs last year
Promoters hold 47%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.1% net margin
! Profit down 96% vs last year
! Low 0.3% return on equity

What if I invest in CEATLTD?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,431 +3.80%
latest close · 2026-09-17
1-year return
+168.9%
52-wk low ₹89052-wk high ₹3,825
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio801.7High
LowAverageHigh
P/B ratio2.72Moderate
Below bookModerateHigh
EV / EBITDA11.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.3%Weak
WeakFairStrong ▸15%
Return on capital9.5%Fair
WeakFairStrong
Net margin0.1%Thin
ThinDecentStrong
EBITDA margin8.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.60Moderate
LowModerateHigh ▸1
Interest cover1.2×Risky
RiskyOkayStrong ▸5×
Current ratio0.67Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹13,724 cr
Book value
₹1,262
EPS
₹1.07
latest quarter
Net debt
₹2,971 cr
owes more than its cash
Enterprise value
₹16,696 cr
EBITDA
₹1,456 cr
annualised
EBIT
₹712 cr
annualised
Operating margin
4.1%
Return on assets
0.1%
Earnings yield
0.12%
P/S
0.79
Sales / share
₹4,318.0
Tax rate
103.1%
Face value
₹10
Shares
4.0 cr
Working capital
₹-2,101 cr
Current assets
₹4,313 cr
Current liabilities
₹6,413 cr
Delivery %
46.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹1,745 vs market price ₹3,431 — price is 97% above it
Safety cushion-96.6%(target ≥ +20%)
Models span ₹1,499₹1,991, midpoint ₹1,745
Model ₹1,745
Price ₹3,431
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4,318 cr
Other Income₹6 cr
Total Income₹4,324 cr
Cost of Materials₹2,978 cr
Purchases of Stock-in-Trade₹56 cr
Inventory Change (±)₹-180 cr
Employee Benefit Expense₹296 cr
Finance Costs₹146 cr
Depreciation & Amortisation₹186 cr
Other Expenses₹803 cr
Total Expenses₹4,285 cr
Exceptional Items₹-7 cr
Profit before Tax₹32 cr
Tax Expense₹33 cr
Share of JV / Associates₹5 cr
Net Profit₹4 cr
Net margin on total income0.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,854 cr66.0%
Employee benefit expense₹296 cr6.8%
Finance costs₹146 cr3.4%
Depreciation & amortisation₹186 cr4.3%
Other expenses₹803 cr18.6%
Tax expense₹33 cr0.8%
Profit for the period₹4 cr0.1%
Total income ₹4,324 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,157 cr4,219 cr4,318 cr
Total income4,163 cr4,245 cr4,324 cr
Expenses3,887 cr3,895 cr4,285 cr
Profit before tax218 cr340 cr32 cr
Tax68 cr101 cr33 cr
Net profit (owners' share)156 cr244 cr4 cr
Net margin (owners' share, on revenue)3.7%5.8%0.1%
EPS (₹)38.5960.451.07
YoY (latest quarter): total income +22.3% · net profit -96.4%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹13,902 cr
Shareholder equity
₹5,046 cr
parent shareholders
Total debt
₹3,011 cr
Cash
₹40 cr
Cash flow · H1 FY26
Operating
₹874 cr
Investing
₹-1,513 cr
Financing
₹667 cr
Peer comparison
Tyres & Rubber Products · by market value
CompanyPriceMarket capP/E
MRF Limited₹1,24,585₹52,824 cr26.7
Balkrishna Industries Limited₹2,171₹41,962 cr23.3
Apollo Tyres Limited₹412₹26,176 cr18.7
CEAT Limitedthis company₹3,431₹13,724 cr801.7
JK Tyre & Industries Limited₹349₹10,049 cr56.2
TVS Srichakra Limited₹4,886₹3,743 cr27.5
Tolins Tyres Limited₹88₹349 cr14.0
Modi Rubber Limited₹124₹310 cr18.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.02%
trailing 12 months
Dividend / share (TTM)
₹35
Last dividend
₹35
ex 31 Jul 2026
ActionDetailEx-date
Dividend₹35 / share31 Jul 2026
Dividend₹30 / share8 Aug 2025
Dividend₹30 / share9 Aug 2024
Dividend₹12 / share20 Jun 2023
Dividend₹3 / share10 Jun 2022
Dividend₹18 / share27 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
47.3%
FII / Foreign
13.8%
DII / Domestic
22.2%
Retail / others
16.4%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtCEAT Employee Welfare Trust · Trust300 · ₹10.0 L7 Sep 26
BoughtESOP Welfare Trust · Trust350 · ₹11.7 L3 Sep 26
BoughtESOP Welfare Trust · Trust350 · ₹11.9 L1 Sep 26
Bulk / block deals
short · NSE1921 Jul 26
short · NSE117 Jul 26
short · NSE5116 Jul 26
Stake changes
SoldAmansa Holding Pvt Ltd, Amansa Investments Ltd→ 3.09% · 72,96416 Nov 23
SoldAmansa Holdings Pvt Ltd, Amansa Investments Ltd→ 5.16% · 32,42830 Oct 23
BoughtMirae Asset Mutual Fund→ 9.71% · 2.27 L29 Aug 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Aug 2026
See the official result
1
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of Board of Directors and Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.11 cr votes for, 21 against · 0% of mutual funds and other big investors said no
2
To declare dividend of Rs. 35/- (Rupees Thirty Five only) per equity share of face value of Rs. 10/- (Rupees Ten only) each for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.11 cr votes for, 19 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Anant Vardhan Goenka, Non-Executive, Non-Independent Director (DIN: 02089850), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 (‘the Act’) and being eligible, offers himself for re-appointment.
Backed by 75% of shareholders other than promotersneeded 50%
82.69 L votes for, 28.15 L against · 25% of mutual funds and other big investors said no
4
Ratification of remuneration payable to M/s. D.C. Dave & Co., Cost Auditor of the Company for the Financial Year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
1.11 cr votes for, 38 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 21 named members
owning 47.3% between them · as of 2026-06-30
INSTANT HOLDINGS LIMITED29.51%
SWALLOW ASSOCIATES LLP11.09%
STEL HOLDINGS LIMITED3.74%
SUMMIT SECURITIES LIMITED2.59%
HARSHVARDHAN RAMPRASAD GOENKA0.33%
ANANT VARDHAN GOENKA0.04%
ATLANTUS DWELLINGS AND INFRASTRUCTURE LLPno shares
AVG Family Trust (Anant Vardhan Goenka-in the capacity of Trustee)no shares
Business done with them
FY2025 · 1 of the group
The company paid ₹45 L to companies in the promoter group last year — about 0.0% of its ₹13,218 cr revenue.
CHATTARPATI APARTMENTS LLP
Other payments to them · Rent paid on residential premises / guest house, etc
₹45 L
company paid

The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹250 cr raised in Dec 2025 by private placement

The company has not broken this money down into purposes in its filing for Dec 2025, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.