CEAT Limited (CEATLTD) AI Stock Analysis

• Market Cap: ₹151.00B
• Dividend Yield: 0.75%
• Average Volume (3M): 5.34K
• Price to Earnings (P/E): 30.5
• Beta (1Y): 1.16
• Revenue Growth: 12.61%
• EPS Growth: -12.56%
• Country: IN
• Employees: 10,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): 46.00
• Shares Outstanding: 40,450,092
• 10 Day Avg. Volume: 5,948
• 30 Day Avg. Volume: 5,340
• PEG Ratio: -0.93
• Price to Book (P/B): 2.66
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 78.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹4,037.00
• Price Target Upside: 0.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹4,563.00 ▲(13.74% Upside)

CEAT Limited's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and improved profitability. However, technical analysis indicates overbought conditions, suggesting caution. The valuation appears high, which could limit upside potential. The absence of earnings call and corporate events data means these factors did not influence the score.

CEAT Limited Business Overview & Revenue Model

Company Description

CEAT Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. The company offers rubber tires and tubes for scooters, bikes, three wheelers, cars, buses, LCVs, trucks, and tractors. CEAT Limited also exports its products to approximately 110 countries. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. CEAT Limited was incorporated in 1958 and is headquartered in Mumbai, India.

How the Company Makes Money

CEAT Limited generates revenue primarily through the sale of tires across various segments. Its key revenue streams include the production and distribution of tires for two-wheelers, passenger cars, and commercial vehicles. The company also earns income from its industrial tire division and special applications, such as off-road and agricultural tires. Additionally, CEAT has forged significant partnerships with automobile manufacturers, which enhances its market reach and increases sales volume. The company also benefits from after-sales services and tire maintenance solutions, further contributing to its earnings. Factors such as market demand, pricing strategies, and advancements in tire technology play a crucial role in CEAT's revenue generation.

CEAT Limited Financial Statement Overview

Summary

CEAT Limited exhibits strong financial health with impressive revenue growth and improved profitability margins. The balance sheet reflects a stable leverage position, and the company efficiently utilizes equity to generate returns. Cash flow management could be improved, as indicated by the decline in free cash flow, but strong operating cash flow provides a buffer.

Income Statement

CEAT Limited displays strong revenue growth with a 12.16% increase from 2024 to 2025. The gross profit margin for 2025 is 37.73%, indicating effective cost management. There is a significant improvement in net profit margin, rising from 1.58% in 2024 to 3.57% in 2025, reflecting enhanced profitability. The EBITDA margin also improved to 11.06% in 2025, showcasing operational efficiency.

Balance Sheet

The company's debt-to-equity ratio in 2025 is 0.49, reflecting a stable leverage position. The return on equity (ROE) improved to 10.82% in 2025, indicating efficient use of equity to generate profits. The equity ratio stands at 38.96%, showing a balanced capital structure, though there is room for improvement in reducing liabilities.

Cash Flow

CEAT Limited's free cash flow decreased significantly from 2024 to 2025, highlighting potential cash flow management challenges. However, the operating cash flow to net income ratio in 2025 is 2.31, demonstrating strong cash generation relative to net income, which is a positive signal for operational health.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	101.34B	132.18B	119.43B	112.06B	91.97B	76.10B
Gross Profit	37.50B	49.86B	49.08B	36.70B	30.21B	15.88B
EBITDA	10.36B	14.62B	15.45B	7.04B	9.91B	9.91B
Net Income	3.31B	4.73B	6.43B	1.86B	712.00M	4.32B
Balance Sheet
Total Assets	0.00	112.12B	99.94B	96.28B	91.60B	81.32B
Cash, Cash Equivalents and Short-Term Investments	532.40M	496.40M	565.90M	689.90M	326.40M	371.70M
Total Debt	0.00	21.36B	17.91B	22.95B	22.29B	15.33B
Total Liabilities	-43.76B	68.36B	59.42B	61.71B	58.64B	47.92B
Stockholders Equity	43.76B	43.69B	40.43B	34.40B	32.73B	33.16B
Cash Flow
Free Cash Flow	0.00	1.49B	8.52B	3.26B	-3.40B	7.18B
Operating Cash Flow	0.00	10.92B	17.19B	12.05B	6.19B	13.58B
Investing Cash Flow	0.00	-9.22B	-8.54B	-8.49B	-9.44B	-6.18B
Financing Cash Flow	0.00	-1.77B	-8.71B	-3.20B	3.13B	-7.31B

CEAT Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4011.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CEATLTD, the sentiment is Positive. The current price of 4011.85 is above the 20-day moving average (MA) of 3748.66, above the 50-day MA of 3489.34, and above the 200-day MA of 3268.79, indicating a bullish trend. The MACD of 190.91 indicates Negative momentum. The RSI at 63.08 is Neutral, neither overbought nor oversold. The STOCH value of 59.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CEATLTD.

CEAT Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRF	―	₹684.67B	36.75	―	0.15%	10.44%	-12.83%
CEATLTD	―	₹151.00B	30.51	―	0.75%	12.61%	-12.56%
JKTYRE	―	₹106.90B	23.81	―	0.71%	4.55%	-30.30%
APOLLOTYRE	―	₹310.95B	37.36	―	0.99%	3.46%	-48.85%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
EXIDEIND	―	₹330.56B	38.98	―	0.52%	3.17%	-3.03%
TVSSRICHAK	―	₹31.26B	116.61	―	0.41%	8.87%	-71.38%

CEAT Limited Corporate Events

CEAT Limited Releases September 2025 Share Transfer Report

CEAT Limited has released its monthly report on the special window for re-lodgement of physical share transfer requests for September 2025. The report, in compliance with a SEBI circular, indicates that one request was processed and approved, with an average processing time of eight days. This initiative reflects CEAT’s commitment to maintaining transparency and efficiency in its share transfer processes.

CEAT Limited Issues Duplicate Share Certificates in Compliance with SEBI Regulations

CEAT Limited has announced the issuance of duplicate share certificates, as confirmed by NSDL Database Management Limited, the company’s Registrar and Transfer Agent. This move is in compliance with SEBI regulations and involves issuing letters of confirmation to securities holders or claimants, ensuring the integrity and accuracy of shareholder records.

CEAT Limited Releases Q2 FY26 Earnings Call Recording

CEAT Limited has announced that the audio recording of its Q2 FY26 earnings call, held on October 17, 2025, is now available on its website. This move enhances transparency and provides stakeholders with insights into the company’s financial performance for the period ending September 30, 2025, potentially impacting investor confidence and market positioning.

CEAT Limited Announces Compliance Certification for Q3 2025

CEAT Limited has announced the issuance of a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending September 30, 2025. This certificate, issued by NSDL Database Management Limited, confirms compliance with applicable regulations, reflecting CEAT’s commitment to regulatory adherence and transparency, which is crucial for maintaining stakeholder trust and ensuring smooth operations.

CEAT Limited Announces Loss of Share Certificates and Plans for Reissuance

CEAT Limited has reported the loss of certain share certificates and has informed the relevant stock exchanges and stakeholders about the situation. The company has initiated the process to issue duplicate certificates, urging anyone with information on the original certificates to contact them within 15 days. This announcement is crucial for maintaining transparency and ensuring the integrity of shareholder records, which is vital for investor confidence.

CEAT Limited Issues Confirmation Letters for Duplicate Share Certificates

CEAT Limited has announced the issuance of a letter of confirmation in lieu of duplicate share certificates, as part of compliance with SEBI regulations. This step, facilitated by NSDL Database Management Limited, is crucial for maintaining accurate shareholder records and ensuring transparency in the company’s shareholding structure.

CEAT Limited Announces 66th AGM and Online Access to Annual Report

CEAT Limited has announced that it will hold its 66th Annual General Meeting on August 21, 2025, via video conferencing. The company has issued letters to shareholders whose email addresses are not registered, providing a link to access the Integrated Annual Report for FY 2024-25. This move ensures compliance with SEBI regulations and facilitates shareholder engagement by making the report accessible online. The announcement highlights CEAT’s commitment to transparency and efficient communication with its stakeholders.