Hold CEAT; target of Rs 1174: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on CEAT with a target price of Rs 1174 in its research report dated January 20, 2022.28-01-2022
28-01-2022
CEAT LTD. - 500878 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of the loss of share certificate(s) as received by us from TSR Darashaw Consultants Private Limited, our Registrar and Transfer Agents, being submitted to you pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.27-01-2022
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
In continuation of our letters dated January 10, 2022, January 18, 2022, January 19, 2022 and January 20, 2022, we would like to inform that transcript of the Results Earnings Call held on Thursday, January 20, 2022 at 9:00 a.m. IST for the Unaudited Financial Results of the Company for the quarter and nine month ended December 31, 2021 has been made available on the Company's website at https://www.ceat.com/content/dam/ceat/pdf/CEAT%20Earnings%20Call%20Transcript%20Q3%20FY22.pdf26-01-2022
CEAT LTD. - 500878 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of the loss of share certificate(s) as received by us from TSR Darashaw Consultants Private Limited, our Registrar and Transfer Agents, being submitted to you pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.25-01-2022
Earnings Call for Q3FY22 of Ceat Ltd.
Conference Call with Ceat Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.20-01-2022
CEAT LTD. - 500878 - Shareholding for the Period Ended December 31, 2021
Ceat Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here20-01-2022
CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation of our letters dated January 10, 2022, January 18, 2022 and January 19, 2022, we would like to inform that audio recording of the Results Earnings Call held today i.e on Thursday, January 20, 2022 at 9.00 a.m. IST for the Unaudited Financial Results of the Company for the quarter and nine months ended on December 31, 2021 has been made available on the Company's website at https://www.ceat.com/content/dam/ceat/pdf/CEAT%20Earnings%20Call%20Recording%20Q3%20FY22.mp320-01-2022
Ceat's first quarterly loss in a decade drags its shares to a new low
Another sore point for Ceat investors was its rising debt. For 9MFY22, net debt stood at 2,260 crore versus 1,156 crore in 9MFY21. The management said subdued market scenario and rising input costs continue to put pressure on margin, leading to an increase in debt in 3QFY2220-01-2022
Q3FY22 Quarterly Result Announced for Ceat Ltd.
Auto Tyres & Rubber products company Ceat declares Q3FY22 result: Q3 FY21-22 Consolidated Revenue stood at Rs. 2,413 crore Consolidated EBITDA stood at Rs. 143 crore, Operating margin of 5.9% On a consolidated basis, the Company’s revenue closed at Rs. 2,413 crore and EBITDA margin stood at 5.9%, a contraction of 327 bps vs Q2 FY21-22. Net loss stood at Rs. 20 crore. On standalone basis, the Company’s revenue stood at Rs. 2,406 crore and EBITDA margin stood at 5.5%, a contraction of 340 bps vs Q2 FY21-22. Net loss stood at Rs. 15 crore. Commenting on the results and operational performance Mr. Anant Goenka, Managing Director, CEAT Limited said, “We are witnessing muted demand in the Replacement segment due to tepid consumer sentiment, higher fuel prices and softer uptick in India’s rural markets. The ongoing semi-conductor shortages continue to impact OEM Passenger segment sales. However, the silver lining is that we have gained market share in the Passenger segment and seen robust growth in the OHT and International Business. The 2-wheeler EV business is another exciting space where we continue to be strong. Our margins continue to be under pressure due to rising commodity prices, which have begun to taper down towards the end of Q3. We are taking necessary corrective actions to cut costs and are looking at appropriate price increases going forward.” Result PDF20-01-2022