CEAT Book Value Growth

What does CEAT do? CEAT Ltd. generates revenue primarily through the manufacturing and sale of automotive tires, tubes, and flaps for various vehicle segments including two/three wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles. The company offers branded tire categories such as car tires for models like Maruti Alto, Maruti Alto K10, Maruti Swift, Maruti Swift Dzire, and Maruti Wagon R, bike tires for models like Hero Splendor, Hero Passion, Honda Shine, Honda Dream, Honda Unicorn, TVS Apache, Yamaha FZ, Royal Enfield, Bajaj CT 100/110, Bajaj Platina, and Bajaj Dominar, and scooter tires for models like Honda Activa, Suzuki Access, TVS Jupiter, and Hero EZ. CEAT.com serves as an e-commerce platform enabling doorstep tire delivery, home fitment, or in-store pickup from authorized locations. Additionally, the company sells cricket bats as a supplementary product. CEAT Ltd.'s core customer segments include individual vehicle owners seeking replacement tires for specific models, as well as dealers and retailers who stock authorized CEAT products. The company targets consumers across multiple vehicle categories, from two-wheelers to commercial vehicles, by offering model-specific tire solutions. Authorized stores and online channels facilitate direct sales to end-users while maintaining brand consistency and product availability. The company’s revenue streams are diversified across tire product lines, with automotive tires representing the primary focus. Sales through CEAT.com contribute to online revenue, while physical retail partnerships support offline sales. The inclusion of cricket bats provides a minor additional revenue source beyond the core tire business, appealing to a different consumer segment. CEAT is one of the most popular companies on Eulerpool.