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. 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.
Hold CEAT; target of Rs 1344: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on CEAT with a target price of Rs 1344 in its research report dated October 27, 2021.
Ceat investors should brace for a few more quarters of subdued margins
Analysts caution that despite gradual price hikes, margins of Ceat are unlikely to improve in a hurry, and they expect an entire pass through of commodity cost inflation only by next year Ceat Ltd - 500878 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation of our letters dated October 18, 2021 and October 25, 2021, we would like to inform that audio recording of the Results Earnings Call held today i.e on Tuesday, October 26, 2021 at 3:30 p.m. IST for the Unaudited Financial Results of the Company for the quarter and half-year ended September 30, 2021 has been made available on the Company's website at https://www.ceat.com/content/dam/ceat/website/audio-files/CEAT-Earnings-Call-Recording-Q2-FY22.mp3 Q2FY22 Quarterly Result Announced for Ceat Ltd.
Highlights: Net revenue grew by 28.6% to INR 2,452 Crs from INR 1,906 Crs Gross margin contracted to 36.9% from 38.9% EBITDA stood at INR 225 Crs compared to INR 173 Crs; margins at 9.2% v/s 9.1% PAT stood at INR 42 Crs compared to INR 23 Crs Debt / equity at 0.60x compared to 0.53x Net revenue from operations grew by 23.9% to INR 2,452 Crs from INR 1,978 Crs Gross margin contracted to 36.9% from 46.5% EBITDA stood at INR 225 Crs compared to INR 306 Crs; margins at 9.2% v/s 15.5% PAT stood at INR 42 Crs compared to INR 182 Crs Debt / equity at 0.60x compared to 0.59x Commenting on the results and operational performance Mr. Anant Goenka, Managing Director, CEAT Limited said, “Overall market demand continues to be robust, despite some lag in Commercial and Farm categories. We witnessed strong growth of 28% compared to preceding quarter on account of good performance in Replacement market, particularly in the passenger segments. The rising input cost has impacted our gross margins; however, it has been partially offset by price adjustments over the last quarter. Diversity & Inclusion, Sustainability, and Digitalisation play an essential part in our success, and we have done some exciting work in all these domains during the quarter. We have also continued to remain focused on workplace safety and the well-being of our employees.” On standalone basis, the Company’s revenue stood at Rs. 2,432 crore and EBITDA margin stood at 8.9%, an expansion of close to 17 bps vs Q1 FY21-22. Net profit stood at Rs. 36 crore. Mr. Kumar Subbiah, CFO of CEAT Limited, said, “During the quarter, we have achieved good top line growth and have managed our costs very well. Our margins are in line with Q1. While the steep increase in input costs continued to put pressure on our margins, there was a slight increase in Debt levels as well, largely on account of higher capex and higher inventory.” Result PDF Ceat Ltd - 500878 - Announcement under Regulation 30 (LODR)-Investor Presentation
CEAT Limited has informed the Exchange regarding Investor''s Presentation for the quarter and half year ended September 30, 2021 and details of the Results earnings call. CEAT LTD. - 500878 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release concerning the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021 Ceat Ltd - 500878 - Announcement under Regulation 30 (LODR)-Meeting Updates
Updates for the Board Meeting held on Monday, October 25, 2021 Ceat Ltd - 500878 - Appointment Of Additional Director (Non-Independent) - Mr. Paras K. Chowdhary
Appointment of Mr. Paras K. Chowdhary (DIN: 00076807) as an Additional Director in the capacity of Non-executive Non-Independent Director, w.e.f. October 25, 2021