CEATLTD
₹2,286.6
-36.25 (-1.56%)
As on 12 December, 2023 | 02:44 BSE: 500878 NSE: CEATLTDISIN: INE482A01020

Ceat Performance

Day Range

  • Low 2,282.50
  • High 2,344.00
₹ 2,286.6

52 Week Range

  • Low 1,357.00
  • High 2,642.00
₹ 2,286.6
  • Open Price2,336.00
  • Previous Close2,322.85
  • Volume221499

Start SIP in Ceat

Start SIP

Ceat Share Price

  • Over 1 Month 8.52%
  • Over 3 Month 4.08%
  • Over 6 Month 17.81%
  • Over 1 Year 25.75%

Ceat Key Statistics

P/E Ratio 17.7
PEG Ratio 0
Market Cap Cr 9,249
Price to Book Ratio 2.7
EPS 57
Dividend 0.5
Relative Strength Index 67.01
Money Flow Index 85.97
MACD Signal 18.13
Average True Range 55.8

Ceat Investment Rating

  • Master Rating:
  • Ceat has an operating revenue of Rs. 11,590.51 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 42%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 17% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 13% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 99 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ceat Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,0432,9212,8632,7112,8862,8032,576
Operating Expenses Qtr Cr 2,5862,5352,4922,4742,6812,6392,391
Operating Profit Qtr Cr 457386371237206164185
Depreciation Qtr Cr 124121125117115111110
Interest Qtr Cr 71696665575156
Tax Qtr Cr 665341151115
Net Profit Qtr Cr 1991591324230313
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 11,3029,341
Operating Expenses Annual Cr 10,2868,612
Operating Profit Annual in Cr 977701
Depreciation Cr 469435
Interest Annual Cr 239204
Tax Annual Cr 6823
Net Profit Annual Cr 20654
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,215632
Cash from Investing Activity Annual Cr -860-950
Cash from Financing Annual Activity Cr -318311
Net Cash Flow Annual Cr 37-7
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,3463,150
Fixed Assets Annual Cr 6,6336,137
Total Non Current Assets Annual Cr 6,8326,387
Total Current Assets Annual Cr 2,6372,574
Total Assets Annual Cr 9,4698,961
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 827779
ROE Annual % 62
ROCE Annual % 106
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 98
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,0532,9352,8752,7272,8942,8182,592
Operating Expenses Qtr Cr 2,5972,5482,5072,4902,6912,6532,404
Operating Profit Qtr Cr 456387368238203165188
Depreciation Qtr Cr 124121125117115111110
Interest Qtr Cr 72706766585257
Tax Qtr Cr 685345151111
Net Profit Qtr Cr 208145134358925
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 11,3329,375
Operating Expenses Annual Cr 10,3418,654
Operating Profit Annual in Cr 974710
Depreciation Cr 469435
Interest Annual Cr 242207
Tax Annual Cr 7224
Net Profit Annual Cr 18671
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,205619
Cash from Investing Activity Annual Cr -849-944
Cash from Financing Annual Activity Cr -320313
Net Cash Flow Annual Cr 37-12
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,4403,273
Fixed Assets Annual Cr 6,6926,205
Total Non Current Assets Annual Cr 6,9396,519
Total Current Assets Annual Cr 2,6892,642
Total Assets Annual Cr 9,6289,160
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 855815
ROE Annual % 52
ROCE Annual % 105
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 98

Ceat Technicals

EMA & SMA

Current Price
₹2,286.6
-36.25 (-1.56%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹2,183.58
  • 50 Day
  • ₹2,162.02
  • 100 Day
  • ₹2,138.25
  • 200 Day
  • ₹2,016.11
  • 20 Day
  • ₹2,156.15
  • 50 Day
  • ₹2,137.83
  • 100 Day
  • ₹2,220.76
  • 200 Day
  • ₹1,984.00

Ceat Resistance and Support

PIVOT
₹2,304.37
Resistance
First Resistance 2,326.23
Second Resistance 2,365.87
Third Resistance 2,387.73
RSI 67.01
MFI 85.97
MACD Single Line 18.13
MACD 40.63
Support
First Resistance 2,264.73
Second Resistance 2,242.87
Third Resistance 2,203.23

Ceat Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 244,756 11,804,582 48.23
Week 562,117 23,732,571 42.22
1 Month 348,658 17,791,995 51.03
6 Month 379,732 10,491,982 27.63

Ceat Result Highlights

Ceat Synopsis

NSE-Auto/Truck-Tires & Misc

Ceat Ltd. is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company’s Total Operating Revenue is Rs. 11263.26 Cr. and Equity Capital is Rs. 40.45 Cr. for the Year ended 31/03/2023. Ceat Ltd. is a Public Limited Listed company incorporated on 10/03/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25100MH1958PLC011041 and registration number is 011041.
Market Cap 9,247
Sales 11,538
Shares in Float 2.14
No of funds 207
Yield 0.52
Book Value 2.81
U/D Vol ratio 3
LTDebt / Equity 43
Alpha 0.08
Beta 1.02

Ceat

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 47.21%47.21%47.21%47.21%
Mutual Funds 10.62%9.84%11.08%10.39%
Insurance Companies 2.21%2.23%2.36%2.44%
Foreign Portfolio Investors 24.1%26.2%23.3%24.09%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 12.94%11.69%12.82%12.65%
Others 2.91%2.83%3.22%3.22%

Ceat Management

Name Designation
Mr. H V Goenka Chairman
Mr. Anant Vardhan Goenka Vice Chairman
Mr. Arnab Banerjee Managing Director & CEO
Ms. Priya Nair Independent Director
Mr. Pierre E Cohade Non Independent Director
Mr. Mahesh S Gupta Independent Director
Mr. Paras K Chowdhary Non Independent Director
Mr. Haigreve Khaitan Independent Director
Mr. Ranjit V Pandit Independent Director
Mr. Atul C Choksey Independent Director
Mr. Vinay Bansal Independent Director

Ceat Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ceat Corporate Action

Date Purpose Remarks
2023-10-16 Quarterly Results
2023-07-25 Quarterly Results & Others
2023-05-04 Audited Results & Dividend
2023-01-25 Quarterly Results
2022-11-07 Quarterly Results (Revised) per share(120%)Final Dividend
Date Purpose Remarks
2023-06-20 FINAL Rs.12.00 per share(120%)Final Dividend
2022-06-13 FINAL Rs.3.00 per share(30%)Final Dividend
2021-08-30 FINAL Rs.18.00 per share(180%)Final Dividend

Ceat MF Shareholding

Name Amount(cr)
Mirae Asset Emerging Bluechip Fund Growth 28,104
Mirae Asset Tax Saver Fund -Regular Plan-Growth 17,532
Mirae Asset Midcap Fund Regular Growth 11,784
Mirae Asset Great Consumer Regular Growth 2,644
Axis Business Cycles Fund Regular Growth 2,485

Ceat FAQs

What is Share Price of Ceat ?

Ceat share price is ₹2,286 As on 12 December, 2023 | 02:30

What is the Market Cap of Ceat ?

The Market Cap of Ceat is ₹9249.3 Cr As on 12 December, 2023 | 02:30

What is the P/E ratio of Ceat ?

The P/E ratio of Ceat is 17.7 As on 12 December, 2023 | 02:30

What is the PB ratio of Ceat ?

The PB ratio of Ceat is 2.7 As on 12 December, 2023 | 02:30

Q2FY23