Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Auto Parts

CEAT Limited manufactures and sells automotive tyres, tubes, and flaps in India and internationally. The company provides rubber tires and tubes for scooters, bikes, three wheelers, cars, buses, LCVs, trucks, and tractors. It exports its products. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. CEAT Limited was founded in 1924 and is headquartered in Mumbai, India. CEAT Limited is a subsidiary of RPG Enterprises Limited.

Revenue projections:

Revenue projections for CEATLTD
Revenue projections for CEATLTD

CEATLTD's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.665000
forwardPE 15.974869
debtToEquity 48.817000
earningsGrowth -0.075000
revenueGrowth 0.143000
grossMargins 0.377200
operatingMargins 0.068920
trailingEps 116.910000
forwardEps 190.780000

CEATLTD's current ratio being 0.665 suggests that the company's current assets and cash reserves may not be enough to meet its short-term debt obligations. This points to possible liquidity challenges, signaling the need for additional funding.
CEATLTD's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
CEATLTD's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
CEAT Limited's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.
CEATLTD's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with CEATLTD anticipated to deliver better earnings than it did in the prior year.

Price projections:

Price projections for CEATLTD
Price projections for CEATLTD

The price of CEATLTD has consistently remained close to the lower end of price projections. This trend may reflect uncertainty in the market regarding the company's ability to deliver on growth expectations.

Recommendation changes over time:

Recommendations trend for CEATLTD
Recommendations trend for CEATLTD


Analysts are favoring CEAT Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider CEAT Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.