NSE: CEATLTD | BSE: 500878

Mid-range Performer

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3460.00 -69.70 (-1.97%)

47.67% Gain from 52W Low

59,199 NSE+BSE Volume

NSE 23 Jun, 2025 1:25 PM (IST)

13,995.7

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

Ceat Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for CEATLTD, BSE:500878 Ceat Ltd.

Ceat Ltd.

09 Nov 2022

3460.00

-1.97%

Turning FCF positive key as margin bottoms out

Sell: Ceat Ltd.

ICICI Securities Limited

CEAT’s Q2FY23 EBITDA margin at 7% (up ~115bps QoQ) missed consensus estimate of 9.9% as despite price hike of ~4% QoQ, adverse currency movement, elevated power/fuel cost and higher mix of outsourced tyres impact negatively, thus, restricting gross margin and EBITDAM improvement QoQ.

Ceat Ltd.'s price crossed below 50Day SMA today

Ceat Ltd.

08 Nov 2022

3460.00

-1.97%

Result above estimate; margin recovery underway

Buy: Ceat Ltd.

Target

Motilal Oswal

Motilal Oswal increased Buy price target of Ceat Ltd. to 4159.0 on 05 Jun, 2025.

Ceat Ltd.

15 Sep 2022

3460.00

-1.97%

Ceat Ltd

Not Rated: Ceat Ltd.

ICICI Direct

Ceat Ltd. is trading below its 30 day SMA of 3748.0

Ceat Ltd.

22 Jul 2022, 12:00AM

3460.00

-1.97%

EARNINGS UPDATE- CEAT LTD 1QFY23

Accumulate: Ceat Ltd.

Recommendation Target

Chola Wealth Direct

Ceat Ltd. is trading above its 200 day SMA of 3060.6

Ceat Ltd.

09 May 2022

3460.00

-1.97%

EARNINGS UPDATE- CEAT LTD 4QFY22

Buy: Ceat Ltd.

Target

Chola Wealth Direct

Ceat Ltd. has gained 37.36% in the last 1 Year

Ceat Ltd.

21 Jan 2022

3460.00

-1.97%

High cost inflation, adverse mix induce first loss in a decade

Economy Update: Ceat Ltd.

Motilal Oswal

CEAT's revenue grew ~9% YoY (-2% QoQ) to INR24.1b, but EBITDA fell 59% YoY (39% QoQ) in 3QFY22 to INR1.3b (INR2.1b est.). It incurred a first quarterly loss in a decade at INR148m (v/s PAT of INR1.4b in 3QFY21). Its 9MFY22 revenue grew 27% YoY but EBITDA/PAT declined 28%/83.5% YoY. Volumes fell 5.5% YoY (3% QoQ), impacted by a decline in replacement (14% YoY) and OEM (7% YoY) but offset by strong exports (+27% YoY). Gross margin contracted 11.6pp YoY (-290bp QoQ) to 34% (v/s 36% est.), impacted by cost inflation (4% QoQ increase in RM basket, but price hike of...

Ceat Ltd. has an average target of 3784.80 from 6 brokers.

Ceat Ltd.

21 Jan 2022

3460.00

-1.97%

High cost inflation, adverse mix induce first loss in a decade

Buy: Ceat Ltd.

Target

Motilal Oswal

Ceat Ltd.'s price crossed below 50Day SMA today

Ceat Ltd.

20 Jan 2022

3460.00

-1.97%

EARNINGS UPDATE- CEAT LTD 3QFY22

Buy: Ceat Ltd.

Chola Wealth Direct

Background: CEAT is one among the top four tire manufacturers in India and is a part of the RPG group. The company has a total manufacturing capacity of 0.1mn + tyres/day with plants situated in Nashik, Bhandup (Mumbai),Ambernath, Halol, Nagpur and Sri Lanka. The company manufactures all tires: Truck & Bus (33%), 2W/3W (30%), Passenger vehicles (13%), LCV (8%), Farm (9%), and Specialty (7%). In terms of market, replacement contributed 71% of the sales while OEM and exports make up 17% and 13% of the sales, respectively in 3QFY21. CEAT has a robust distribution network consisting of over 3,400+ dealers, 33 regional offices...

Ceat Ltd. has gained 21.82% in the last 3 Months

Ceat Ltd.

20 Jan 2022

3460.00

-1.97%

Q3FY22 Result Update - RM cost pressure to continue amid rising debt levels - HOLD

Hold: Ceat Ltd.

Target

Prabhudas Lilladhar

CEAT's 3QFY22 consol. revenue came missed our estimates at Rs 24.1B (9% YoY/ -1% QoQ, PLe 26.5B) led by volume decline of 5.5% YoY/ 3% QoQ, while realizations grew ~2% sequentially. Margins came substantially lower at 5.5%...