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NSE:CEATLTD

CEAT LIMITED

Automobile and Auto Components › Auto Components·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹3,136.40
at close · 28 Oct 2026
▼ 2.00 (-0.06%)
ThemesArtificial Intelligence· growing

Latest filings

  1. CEAT informs exchanges about loss of share certificates · Compliance
  2. Duplicate certificate sought for 75 lost CEAT shares · Compliance
  3. CEAT reports duplicate share certificates for six folios · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures tyres for passenger vehicles, two-wheelers, commercial vehicles, and off-highway equipment, selling through vehicle OEMs, the replacement market, and international channels in 110+ countries from six plants. The CAMSO acquisition from Michelin added an off-highway tyre (OHT) business already gaining approvals from BOMAG, JCB and Mine Australia, while a wholly-owned subsidiary, Tyresnmore Online, sells automotive tyres, batteries and related services (₹4,329.13 lakh turnover in FY26). Revenue comes from OEM supply (around 32% passenger EV share, ~12% two-wheeler EV share), replacement-market sales (gains flagged in two-wheelers and passenger cars), an international business spanning Europe, Latin America and the Middle East, and the newly consolidated CAMSO OHT line. Raw materials are the dominant cost at 60.6% of revenue — West Asia-driven inflation compressed Q1 FY27 consolidated EBITDA margin to 8.56% (from 10.94% YoY) and consolidated PAT to ₹4 cr (from ₹112 cr). The board has approved ₹1,205 cr of capex to add 53,000 tyres per day of two-wheeler capacity by end-FY31, on top of existing 80,000 tyres/day capacity running at ~95% utilisation.

Operating scale
Manufacturing plants
6 plantsFY26
Geographical footprint
110+ countries, 2,300+ SKUsFY26
Existing two-wheeler capacity
~80,000 tyres/day at ~95% utilisation (mainly Nagpur)FY27
Approved capex for additional 2W capacity
₹1,205 cr for 53,000 tyres/day by end-FY31FY27
Passenger EV OEM share
~32%Q1 FY26
Two-wheeler EV share
~12%Q1 FY26
Who pays it
Vehicle OEMs (passenger car, two-wheeler, commercial and off-highway equipment makers such as BOMAG, JCB, Mine Australia) and replacement-market dealers and end-buyers, including through Tyresnmore Online.
Biggest cost
Raw materials (natural rubber and related inputs) at 60.6% of revenue — the driver of margin swings, as seen in Q1 FY27 when West Asia tensions lifted input costs.
Kind of business
Cyclical, asset-heavy multi-category tyre manufacturer exposed to raw-material prices and currency, with growing exposure to off-highway and EV segments.
Where it sits
Six manufacturing plants, 2,300+ SKUs across 110+ countries; ranked number 4 among World's Strongest Tyre Brands by Brand Finance 2026.
Market Cap
₹12,546 Cr
P / E (TTM)
21.5×
EV / EBITDA
7.8×
Div Yield
0.97%
Growth
15.6%▲
Revenue 5y CAGR
PAT +10.0% · EBITDA +15.9%
Quality
14.9%▲
ROCE (5y median)
ROE 10.8% (5y median) · margin 12.9%
Leverage
0.60·
Debt / Equity · moderate
Net debt ₹2,971 Cr
Revenue FY21→FY26
2.1×▲
Margin −1.2 pts
₹7,610 Cr → ₹15,678 Cr
Cash conversion
3.12×▲
Operating cash ÷ profit · 5 yrs
₹6,421 Cr on ₹2,057 Cr
Moves on a normal day
1.27%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 16 Tyres & Rubber Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#6/13
P/B#9/16
ROCE#6/17
ROE#3/16
Debt / Equity#10/16
EBITDA margin#7/16
Revenue growth#5/15
Profit growth#14/16

Scorecard

Measured from the filed financials, judged against its Tyres & Rubber Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 16% a year over 5 years
Over 5 years it reported ₹2,057 Cr of profit and ₹6,421 Cr of operating cash — 3.12×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

CEATLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from CEAT LIMITED's filed financials and exchange disclosures

What does CEAT LIMITED do?

CEAT LIMITED is a Auto Components company listed on NSE and BSE, trading under the symbol CEATLTD.

Is CEAT LIMITED profitable?

Yes. Over the trailing twelve months CEAT LIMITED reported a net profit of ₹589 Cr on revenue of ₹16,467 Cr.

Does CEAT LIMITED pay a dividend?

Yes. The dividend yield is 0.97% at the current price. It paid out 17% of its profit as dividend in FY26.

Is CEAT LIMITED debt-free?

No. It reported borrowings of ₹3,011 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2,971 Cr after cash. Debt stands at 0.60× equity. That is higher than 60% of its 16 Tyres & Rubber Products peers.

Is CEAT LIMITED expensive compared with its peers?

On trailing P/E, CEAT LIMITED ranks 6 of 13 in Tyres & Rubber Products — cheaper than 58% of them, against an industry median of 25.6×. This is a position, not a valuation judgement.

How much does the CEAT LIMITED share price move in a day?

On a typical session CEAT LIMITED moves 1.27% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track CEAT LIMITED's announcements?

Every NSE and BSE filing by CEAT LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.