CEAT Ltd - Company Profile
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CEAT Ltd (CEAT), a subsidiary of RPG Enterprises Ltd, manufactures automotive tyres, tubes and flaps. The company manufactures tyres for vehicles, including trucks, cars, scooters, bike and buses (T&B), light commercial vehicles (LCVs), passenger vehicles (PV), tractors, trucks, buses, rickshaws, two-wheelers and three-wheelers, off-the-road (OTR) vehicles, and industrial vehicles. These products are offered under the CEAT brand. CEAT operates plants in Nashik, Mumbai, Halol and Ambernath among other cities in India. The company exports its products to the US, India, Bangladesh, Sri Lanka, and the Netherlands. The company offers its products through retailing and wholesaling. CEAT is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
463,Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400030
Website
www.ceat.com
Telephone
91 22 24930621
No of Employees
8,207
Industry
Automotive
Ticker Symbol & Exchange
CEATLTD (NSE)
Revenue (2023)
$1.4B
20.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
161.5%
(2023 vs 2022)
Market Cap*
$1.2B
Net Profit Margin (2023)
XYZ
117.1%
(2023 vs 2022)
* As of and is in US$
CEAT Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| 2-3 Wheeler Tyres |
| Light Commercial Vehicle Tyres |
| Last Mile Tyres |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In August, Ceat Specialty unveiled FloatMax Cargo Plus. |
| 2023 | New Products/Services | In June, the company launched CEAT Enduro Tracks, an enduro training program. |
| 2023 | Corporate Changes/Expansions | In March, the company inaugurated its fully automated warehouse in Chennai, Tamil Nadu, India. |
Competitor Comparison
| Key Parameters | CEAT Ltd | Apollo Tyres Ltd | MRF Ltd | JK Tyre & Industries Ltd | Balkrishna Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Gurgaon | Chennai | New Delhi | Mumbai |
| State/Province | Maharashtra | Haryana | Tamil Nadu | Delhi | Maharashtra |
| No. of Employees | 8,207 | 16,090 | 19,050 | 5,836 | 3,472 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Harsh Vardhan Goenka | Chairman | Executive Board | 2023 | - |
| Anant Goenka | Vice Chairman | Executive Board | - | - |
| Arnab Banerjee | Chief Executive Officer; Managing Director; Director | Executive Board | 2023 | - |
| Kumar Subbiah | Director - Finance; Chief Financial Officer | Senior Management | - | - |
| Lakshmi Narayanan B | Chief Marketing Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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