CEAT Limited is an Indian multinational tyre manufacturing company owned by the RPG Group and is one of the largest tyre manufacturers and one of the fastest-growing tyre companies in India. CEAT Tyres of India was established in 1958 in collaboration with the Tatas, setting up its first factory in Mumbai. CEAT became a part of the RPG Group in 1982.
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. Incorporated in 1958, CEAT has since grown to become one of the largest tyre manufacturers in India, with a presence in over 100 countries.
CEAT is engaged in the manufacturing and selling of automotive tyres, tubes, and flaps and has a diverse product portfolio encompassing truck tyres, tyres for off-the-road (OTR) vehicles, and light commercial vehicle categories. Tyres are built to meet a range of specifications, such as ride comfort and low noise for European regulation requirements, in addition to builds that permit higher life targets for more industrial use.
The company serves multiple vehicle segments with specialized products. It offers tires for various cars such as Maruti Alto, Maruti Alto K10, Maruti Swift, Maruti Swift Dzire, and Maruti Wagon R. It offers tires for various bikes such as Hero Splendor, Hero Passion, Honda Shine, Honda Dream, Honda Unicorn, TVS Apache, Yamaha FZ, Royal Enfield, Bajaj CT 100/110, Bajaj Platina, and Bajaj Dominar. It offers tires for various scooters such as Honda Activa, Suzuki Access, TVS Jupiter, and Hero EZ.
CEAT has a market capitalization of ₹14,745.27 Crore as of July 2025. CEAT Ltd's revenue jumped 14.36% since last year same period to ₹3,425.14 Crore in Q4 FY2024-2025. CEAT Ltd's net profit fell -8.35% since last year same period to ₹99.49 Crore in Q4 FY2024-2025.
Key financial metrics for recent periods include:
- Revenue: ₹3,420.62 Crore as on March 2025 (Q4 FY25)
- Net Profit: ₹93.24 Crore as on March 2025 (Q4 FY25)
- Net profit margin for CEAT Ltd in the Q4 results 2024 was 2.90%.
CEAT Limited has outlined several strategic goals for the coming years:
- Expansion into New Markets: CEAT plans to strengthen its presence in emerging markets, particularly in Southeast Asia and Africa.
- Technological Innovation: Investment in research and development to create advanced tire technologies.
- Sustainability: Focus on eco-friendly tire manufacturing and reducing carbon footprint.
CEAT plans to invest in new plants in India and abroad. Product Diversification: Introduction of new product lines catering to electric vehicles and other segments. Strategic Partnerships: Collaborations with global automotive companies.
CEAT Ltd announced plans to raise ₹500 Crore through non-convertible debentures and invest ₹400 Crore in its Sri Lankan unit, CEAT OHT Lanka, to support the acquisition of the Camso brand's off-highway construction equipment business. CEAT's credit ratings affirmed; new Rs.1000 Cr term loan assigned IND AA/Positive rating.
CEAT is amongst the Top 25 best workplaces in Manufacturing by GPTW for 2022. CEAT Ltd, along with Apollo, JK, and MRF, has been recognized as one of the top 15 strongest tyre brands globally, according to Brand Finance's latest report.
CEAT major competitors are JK Tyres & Inds., TVS Srichakra, Goodyear India, PTL Enterprises, Dolfin Rubbers, Apollo Tyres, Balkrishna Inds. Geographically, the company generates a majority of its revenue within India and also caters to international markets.
CEAT has also recently launched the "CEAT SecuraDrive" range of tyres, which are designed to provide superior performance and safety in all conditions. The company has also developed a range of eco-friendly tyres, which are designed to reduce fuel consumption and emissions.
CEAT.com, its e-commerce Website, where customers can opt for doorstep tire delivery, fitment at home, or they can pick up from an authorized store (physically).
Promoter holding in CEAT Ltd has remained stable at 47.21% as of March 2025 (unchanged from June 2024). Chairperson Name: H V Goenka.
CEAT Limited stands as a significant player in India's tyre manufacturing sector, backed by the RPG Group's extensive business network and strategic vision. The company's commitment to innovation, sustainability, and market expansion positions it well for future growth in both domestic and international markets.
