CEAT Ltd - Company Profile
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CEAT Ltd (CEAT), a subsidiary of RPG Enterprises Ltd, is a tire manufacturing company. It carries out the production and distribution of tires for various vehicles, including cars, bikes, scooters, commercial vehicles, rickshaws, two-wheelers and three-wheelers, off-the-road (OTR) vehicles, and industrial vehicles. CEAT provides tires for various vehicles such as Audi, BMW, Mercedes Benz, Maruti, Hyundai, Honda, Toyota, Mahindra and Suzuki, among others. It 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.
CEAT Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Two-Three Wheeler Tires | Warranty Services |
| Light Commercial Vehicle Tires | |
| Last Mile Tires | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company acquired Michelin's Camso off-highway construction equipment tire and tracks business for US$225 million. |
| 2024 | Contracts/Agreements | In December, the company signed an agreement to acquire Michelin's Camso off-highway tyre and track business for US$225 million. |
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company announced the acquisition of Tyresnmore.com. |
Competitor Comparison
| Key Parameters | CEAT Ltd | MRF Ltd | Apollo Tyres Ltd | JK Tyre & Industries Ltd | Balkrishna Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Chennai | Gurugram | New Delhi | Mumbai |
| State/Province | Maharashtra | Tamil Nadu | Haryana | Delhi | Maharashtra |
| No. of Employees | 9,428 | 17,850 | 15,681 | 5,666 | 3,758 |
| 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 | 67 |
| Arnab Banerjee | Director; Chief Executive Officer; Managing Director | Executive Board | 2023 | 60 |
| Kumar Subbiah | Chief Financial Officer | Senior Management | - | - |
| Lakshmi Narayanan B | Chief Marketing Officer | Senior Management | 2022 | - |
| Anant Goenka | Vice Chairman | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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