Ceat Peer Comparison
NSE: CEATLTD | BSE: 500878
₹3,274.70
As on 28-Sep-2026IST
Market cap
₹13,248 Cr
Revenue (TTM)
₹16,467 Cr
P/E Ratio
22.5
P/B Ratio
2.6
Div. Yield
1.1 %
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
13,248 | 24,747 | 9,740 | 3,445 | 1,618 |
Revenue (₹ Cr) |
16,467 | 29,308 | 16,404 | 3,892 | 2,594 |
Net Profit (₹ Cr) |
566.60 | 1,707.82 | 662.07 | 92.25 | 53.90 |
Net Margin (%) |
3.43 | 5.79 | 4.02 | 2.35 | 2.06 |
RoE (%) |
13.29 | 22.40 | 13.50 | 8.79 | 10.53 |
Price to Earnings |
22.47 | 14.49 | 14.96 | 37.29 | 30.01 |
Price-To-Book |
2.63 | 1.45 | 1.60 | 2.81 | 2.65 |
Income Statement (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Operating Revenue
|
16,466.59 | 29,307.63 | 16,403.95 | 3,891.55 | 2,594.00 |
|
Total Income
|
16,508.24 | 29,480.47 | 16,449.37 | 3,918.63 | 2,613.86 |
|
Total Expenditure
|
14,442.13 | 25,164.18 | 14,516.49 | 3,580.02 | 2,473.46 |
|
EBITDA
|
2,024.46 | 4,143.46 | 1,887.46 | 311.53 | 120.54 |
|
Depreciation
|
732.05 | 1,556.20 | 484.27 | 145.83 | 49.30 |
|
EBIT
|
1,292.41 | 2,587.26 | 1,403.19 | 165.70 | 71.24 |
|
Interest
|
422.57 | 382.38 | 412.86 | 47.62 | 6.55 |
|
Other Income
|
41.65 | 172.84 | 45.42 | 27.08 | 19.86 |
|
Exceptional Items
|
-74.94 | -639.77 | -147.32 | -16.57 | -11.65 |
|
Profit before Tax
|
836.55 | 1,737.95 | 888.43 | 128.59 | 72.90 |
|
Provision for Tax
|
269.95 | 30.13 | 226.36 | 36.34 | 19.00 |
|
Profit after Tax
|
566.60 | 1,707.82 | 662.07 | 92.25 | 53.90 |
Liabilities (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,046.01 | 16,715.17 | 6,060.82 | 1,190.18 | 606.19 |
|
Minority Interest
|
0.65 | 0.00 | -5.46 | 0.12 | 0.00 |
|
Non-Current Liabilities
|
2,435.00 | 4,440.80 | 4,508.94 | 441.14 | 73.92 |
|
Current Liabilities
|
6,413.21 | 8,083.75 | 5,426.76 | 1,411.56 | 573.48 |
|
Total Liabilities
|
13,912.66 | 29,033.73 | 15,913.64 | 3,039.38 | 1,982.22 |
Assets (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
8,951.71 | 16,857.04 | 8,474.99 | 1,617.91 | 353.29 |
|
Current Assets
|
4,361.43 | 10,698.33 | 7,295.17 | 1,243.83 | 818.91 |
|
Total Assets
|
13,912.66 | 29,033.73 | 15,913.64 | 3,039.38 | 1,982.22 |
|
Total Debt*
|
3,010.79 | 2,631.71 | 4,746.00 | 762.51 | 0.00 |
|
Net Current Assets
|
-2,051.78 | 2,614.58 | 1,868.41 | -167.73 | 245.43 |
|
Contingent Liabilities
|
275.38 | 772.06 | 361.30 | 249.97 | 178.49 |
Cashflow (₹ Cr)
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,785.55 | 3,667.37 | 1,443.84 | 296.99 | 112.28 |
|
Cash Flow from Investing Activities
|
-2,270.60 | -1,340.96 | -626.67 | -102.55 | -6.12 |
|
Cash from Financing Activities
|
476.64 | -2,177.08 | -782.72 | -187.31 | -64.77 |
|
Net Cash Inflow / Outflow
|
-8.41 | 149.33 | 34.45 | 7.13 | 41.39 |
Ratios
Profitability Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
ROCE (%)
|
18.60 | 9.22 | 14.30 | 7.98 | 14.67 |
|
ROE (%)
|
13.29 | 22.40 | 13.50 | 8.79 | 10.53 |
|
ROA (%)
|
4.51 | 6.04 | 4.34 | 3.06 | 4.32 |
|
EBIT Margin (%)
|
7.85 | 8.83 | 8.55 | 4.26 | 2.75 |
|
Net Margin (%)
|
3.43 | 5.79 | 4.02 | 2.35 | 2.06 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
21.49 | 11.23 | 9.93 | 18.56 | 0.82 |
|
EBIT Growth (%)
|
44.19 | 27.85 | 34.51 | 94.32 | 51.83 |
|
Net Profit Growth (%)
|
36.64 | 105.39 | 44.28 | 245.38 | 21.95 |
|
EPS Growth (%)
|
38.52 | 244.62 | 59.81 | 303.17 | 40.71 |
|
Book Value Growth (%)
|
15.41 | 13.10 | 21.71 | 0.53 | 0.54 |
Valuation Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Price / Earnings
|
20.73 | 6.85 | 12.57 | 33.41 | 26.01 |
|
Price / Book Value
|
2.63 | 1.45 | 1.60 | 2.81 | 2.65 |
|
Dividend Yield (%)
|
1.07 | 1.54 | 1.18 | 0.84 | 3.76 |
|
EV/EBITDA
|
8.01 | 6.36 | 7.51 | 13.43 | 11.47 |
|
Market Cap (₹ Cr)
|
13,114.65 | 26,167.33 | 10,991.10 | 2,461.08 | 1,531.33 |
Solvency Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.30 | 0.09 | 0.42 | 0.23 | 0.00 |
|
Short term debt to equity ratio
|
0.21 | 0.05 | 0.30 | 0.35 | -- |
|
Current Ratio
|
0.68 | 1.32 | 1.34 | 0.88 | 1.43 |
|
Quick Ratio
|
0.40 | 0.65 | 0.85 | 0.36 | 0.98 |
|
Interest Coverage
|
2.98 | 5.55 | 3.15 | 3.70 | 12.13 |
Operating Efficiency Ratios
| Ceat | Apollo Tyres | JK Tyre | TVS Srichakra | Goodyear India | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
11.17 | 10.89 | 19.57 | 10.55 | 10.95 |
|
Asset Turnover
|
1.31 | 1.04 | 1.08 | 1.29 | 2.08 |
|
Receivable days
|
40.65 | 40.08 | 67.54 | 35.24 | 37.63 |
|
Inventory Days
|
37.19 | 67.84 | 58.00 | 71.70 | 35.95 |
|
Payable days
|
118.85 | 71.56 | 73.34 | 89.48 | 96.40 |
|
Cash Conversion Cycle
|
-41.00 | 36.36 | 52.19 | 17.46 | -22.83 |