Ceat Peer Comparison
NSE: CEATLTD | BSE: 500878
₹3,060.20
As on 23-Oct-2026IST
Market cap
₹12,385 Cr
Revenue (TTM)
₹17,456 Cr
P/E Ratio
24
P/B Ratio
2.5
Div. Yield
1.1 %
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
12,385 | 8,914 | 13,359 | 12,271 | 7,387 |
Revenue (₹ Cr) |
17,456 | 17,233 | 10,259 | 5,607 | 6,235 |
Net Profit (₹ Cr) |
505.12 | 499.51 | 929.36 | 420.90 | 293.45 |
Net Margin (%) |
2.89 | 2.89 | 8.88 | 7.44 | 4.70 |
RoE (%) |
11.46 | 10.05 | 12.18 | 28.65 | 15.51 |
Price to Earnings |
24.02 | 18.01 | 14.32 | 37.86 | 25.14 |
Price-To-Book |
2.50 | 1.47 | 1.67 | 9.38 | 3.89 |
Income Statement (₹ Cr)
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Operating Revenue
|
15,678.00 | 16,326.65 | 9,406.47 | 4,870.33 | 5,182.80 |
|
Total Income
|
15,718.47 | 16,384.28 | 9,507.73 | 4,916.75 | 5,185.97 |
|
Total Expenditure
|
13,630.89 | 14,295.28 | 8,044.01 | 4,211.32 | 4,672.57 |
|
EBITDA
|
2,047.11 | 2,031.37 | 1,362.47 | 659.01 | 510.24 |
|
Depreciation
|
697.42 | 472.20 | 358.08 | 179.06 | 136.05 |
|
EBIT
|
1,349.69 | 1,559.17 | 1,004.39 | 479.95 | 374.19 |
|
Interest
|
358.62 | 428.47 | 26.52 | 105.96 | 123.22 |
|
Other Income
|
40.47 | 57.63 | 101.26 | 46.42 | 3.16 |
|
Exceptional Items
|
-71.23 | -145.59 | -- | -14.50 | -- |
|
Profit before Tax
|
976.11 | 1,042.74 | 1,081.44 | 405.92 | 254.14 |
|
Provision for Tax
|
278.87 | 268.55 | 258.47 | 68.78 | 63.93 |
|
Profit after Tax
|
697.24 | 774.19 | 822.97 | 337.15 | 190.22 |
Liabilities (₹ Cr)
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,046.01 | 6,060.82 | 7,459.14 | 1,210.22 | 1,804.81 |
|
Minority Interest
|
8.02 | -0.66 | -- | 265.77 | -- |
|
Non-Current Liabilities
|
2,435.00 | 4,426.72 | 737.24 | 596.36 | 400.10 |
|
Current Liabilities
|
6,423.63 | 5,426.76 | 2,539.14 | 1,874.60 | 1,626.46 |
|
Total Liabilities
|
13,912.66 | 15,913.64 | 10,735.51 | 3,946.94 | 3,831.38 |
Assets (₹ Cr)
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
9,540.81 | 8,615.92 | 6,937.63 | 1,965.12 | 2,195.59 |
|
Current Assets
|
4,322.98 | 7,295.17 | 3,797.88 | 1,977.06 | 1,635.79 |
|
Total Assets
|
13,912.66 | 15,913.64 | 10,735.51 | 3,946.94 | 3,831.38 |
|
Total Debt*
|
3,010.79 | 4,746.00 | 386.02 | 998.60 | 825.95 |
|
Net Current Assets
|
-2,100.65 | 1,868.41 | 1,258.75 | 102.46 | 9.33 |
|
Contingent Liabilities
|
275.38 | 361.30 | 147.08 | 36.07 | 60.22 |
Cashflow (₹ Cr)
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,785.55 | 1,443.84 | 1,257.98 | 460.16 | 331.65 |
|
Cash Flow from Investing Activities
|
-2,270.60 | -626.67 | -784.74 | -280.48 | -186.23 |
|
Cash from Financing Activities
|
476.64 | -782.72 | -526.03 | -169.95 | -144.11 |
|
Net Cash Inflow / Outflow
|
-8.41 | 34.45 | -52.79 | 9.73 | 1.31 |
Ratios
Profitability Ratios
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
ROCE (%)
|
18.60 | 14.30 | 14.83 | 26.17 | 15.38 |
|
ROE (%)
|
14.82 | 14.03 | 11.73 | 31.44 | 11.75 |
|
ROA (%)
|
5.55 | 5.10 | 8.04 | 9.39 | 5.26 |
|
EBIT Margin (%)
|
13.32 | 12.80 | 15.56 | 14.48 | 9.91 |
|
Net Margin (%)
|
4.44 | 4.73 | 8.66 | 6.86 | 3.67 |
|
Cash Profit Margin (%)
|
8.90 | 7.63 | 12.56 | 10.50 | 6.30 |
Growth Ratios
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
18.61 | 11.12 | 4.94 | 33.92 | 17.02 |
|
EBIT Growth (%)
|
39.95 | 24.51 | -1.78 | 36.62 | 5.31 |
|
Net Profit Growth (%)
|
47.92 | 50.10 | 0.32 | 47.12 | -2.59 |
|
EPS Growth (%)
|
47.69 | 44.79 | 0.08 | 56.86 | -2.75 |
|
Book Value Growth (%)
|
15.41 | 21.71 | 13.42 | 29.48 | 11.55 |
Valuation Ratios
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Price / Earnings
|
18.79 | 14.16 | 19.47 | 37.23 | 14.07 |
|
Price / Book Value
|
2.60 | 1.81 | 2.16 | 8.58 | 1.57 |
|
Dividend Yield (%)
|
1.08 | 1.05 | 1.65 | 0.36 | 0.88 |
|
EV/EBITDA
|
7.70 | 7.39 | 11.11 | 16.00 | 6.80 |
|
Market Cap (₹ Cr)
|
13,114.65 | 10,991.10 | 16,128.34 | 10,382.57 | 2,676.92 |
Solvency Ratios
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.60 | 0.78 | 0.05 | 0.83 | 0.48 |
|
Short term debt to equity ratio
|
0.21 | 0.30 | 0.03 | 0.37 | 0.25 |
|
Current Ratio
|
0.67 | 1.34 | 1.50 | 1.05 | 1.01 |
|
Quick Ratio
|
0.40 | 0.85 | 1.05 | 0.83 | 0.42 |
|
Interest Coverage
|
3.72 | 3.43 | 41.78 | 4.83 | 3.06 |
Operating Efficiency Ratios
| Ceat | JK Tyre | Mahindra Automotive | Lumax Auto | Steel Strips Wheel | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
11.73 | 19.66 | 6.47 | 20.84 | 11.75 |
|
Asset Turnover
|
1.25 | 1.08 | 0.92 | 1.37 | 1.43 |
|
Receivable days
|
40.65 | 67.54 | 23.98 | 67.09 | 38.57 |
|
Inventory Days
|
37.19 | 58.00 | 43.08 | 28.90 | 59.68 |
|
Payable days
|
118.85 | 73.34 | 125.08 | 94.32 | 94.24 |
|
Cash Conversion Cycle
|
-41.00 | 52.19 | -58.02 | 1.67 | 4.01 |