Ceat Limited

Manufacturer of automobile tyres with multiple plants and joint venture in Sri Lanka.

1958 | Mumbai, Maharashtra (India) | Active
Last Updated: November 18, 2024

Ceat Profile

Key Indicators

  • Authorised Capital ₹ 89.05 Cr
  • Paid Up Capital ₹ 40.45 Cr
  • Company Age 66 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,108.06 Cr
  • Satisfied Charges ₹ 5,157.49 Cr
  • Revenue Growth 5.46%
  • Profit Growth 217.21%
  • Ebitda 69.42%
  • Net Worth 18.10%
  • Total Assets 3.79%

About Ceat

Ceat Limited (CL) was founded in India on 10 March 1958 and has a glorious history of 66 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500878 and on the National Stock Exchange(NSE) under CEATLTD.

The Corporate was formerly known as Ceat Tyres Of India Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 89.05 Cr and a paid-up capital of Rs 40.45 Cr.

The company currently has active open charges totaling ₹3,108.06 Cr. The company has closed loans amounting to ₹5,157.49 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ceat Limited India are Arnab Mrinal as Ceo, Gaurav Tongia as Company Secretary, and Kumar Subbiah as Cfo. Harsh Goenka, Paras Chowdhary, Milind Sarwate, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ceat.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25100MH1958PLC011041

  • Company No.

    011041

  • Stock Symbol

    BSE : 500878 NSE : CEATLTD

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1958

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Ceat Limited offer?

Ceat Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Tyre, Tube & Flaps, Off Road Tyres, Truck Tyres, Loader Tyre, Motorcycle Tyres, Bike Tyres, Car Tyres, CEAT OTR Tyre.

Who are the key members and board of directors at Ceat?

Executive Team (3)

NameDesignationAppointment DateStatus
Gaurav Tongia Country flag representing In Company Secretary09-Jul-2024Current
Arnab Mrinal Country flag representing In Managing Director07-May-2013Current
Kumar Subbiah Country flag representing In CFO16-Jan-2017Current

Board Members (9)

NameDesignationAppointment DateStatus
Sukanya Anand Country flag representing In Director 10-Apr-2024Current
Pierre Cohade Country flag representing Fr Director 01-Feb-2018Current
Milind Sarwate Country flag representing In Director 10-Apr-2024Current
Harsh Goenka Country flag representing In Director 16-Oct-1981Current
Paras Chowdhary Country flag representing In Director 18-Jan-2001Current
Ranjit Pandit Country flag representing In Director 03-Mar-2015Current

Financial Performance of Ceat.

Ceat Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 5.46% increase. The company also saw a substantial improvement in profitability, with a 217.21% increase in profit. The company's net worth Soared by an impressive increase of 18.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.46%
Revenue from Operations
5.59%
Total Assets
3.79%
Profit or Loss
217.21%
Net Worth
18.10%
EBITDA
69.42%

What is the Ownership and Shareholding Structure of Ceat?

In 2024, Ceat had a promoter holding of 47.21% and a public holding of 52.78%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,108.06 Cr

Satisfied Charges

₹5,157.49 Cr

Charges Breakdown by Lending Institutions

  • Others : 3108.06 Cr
  • Corporation Bank : 0.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2020Others₹100.00 CrOpen
20 Dec 2019Others₹1,608.06 CrOpen
30 Jun 2017Others₹1,400.00 CrOpen
14 Feb 2015Corporation Bank₹0.03 MOpen
08 Nov 2016Others₹278.00 CrSatisfied

How Many Employees Work at Ceat?

Ceat has a workforce of 8284 employees as of Nov 18, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ceat, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ceat's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ceat

Recent activity within the organization

  • Annual General Meeting

    Ceat Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Director Appointment

    Praveen Singh Pardeshi was appointed as a Director was appointed as a Director on 09 Jul 2024 & has been associated with this company since 7 months 14 days .

    09 Jul 2024

  • Director Appointment

    Gaurav Tongia was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jul 2024 & has been associated with this company since 7 months 14 days .

    09 Jul 2024

  • Charges

    A charge with Others of Rs. 1,608.06 Cr registered on 20 Dec 2019 with Charge ID 100313267 was modified on 01 Jul 2024.

    01 Jul 2024

  • Director Appointment

    Daisy Devassy Chittilapilly was appointed as a Director was appointed as a Director on 14 May 2024 & has been associated with this company since 9 months 9 days .

    14 May 2024

  • Director Appointment

    Milind Shripad Sarwate was appointed as a Director was appointed as a Director on 10 Apr 2024 & has been associated with this company since 10 months 12 days .

    10 Apr 2024

Frequently asked questions

  • Ceat Limited was incorporated on 10 Mar 1958.

  • The authorized share capital of Ceat Limited is ₹ 89.05 Cr and paid-up capital is ₹ 40.45 Cr.

  • Currently 13 directors are associated with Ceat Limited.

    • Harsh Vardhan Goenka
    • Paras Kumar Chowdhary
    • Milind Shripad Sarwate
    • Pierre Eric Cohade
    • Ranjit Vasant Pandit
    • Praveen Singh Pardeshi
    • Anant Vardhan Goenka
    • Arnab Banerjee Mrinal
    • Sukanya Kripalu Anand
    • Daisy Devassy Chittilapilly
    • Arnab Banerjee Mrinal
    • Gaurav Tongia
    • Kumar Subbiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ceat Limited is 463 Dr. Annie Besant Road Worli, India, Mumbai, Maharashtra, 400030.

  • The corporate identification number (CIN) of Ceat Limited is L25100MH1958PLC011041 and the company number is 011041 as per Ministry of Corporate Affairs (MCA).

  • Yes, Ceat Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CEATLTD.

  • The Official website of Ceat Limited is https://www.ceat.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ceat Limited has risen by 5.46%.

  • As Per 2024 financial reports, 8284 employees are currently employed by Ceat Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ceat Limited has experienced an upsurge of 18.10%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ceat Limited amount to ₹ 3,108.06 Cr.

  • The most recent Balance Sheet for Ceat Limited was filed with the ROC on 31 Mar 2024.

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