CEATLTD

Business Profile CEAT is a leading Indian tyre manufacturer and part of the RP–Sanjiv Goenka Group. It has a particularly strong position in the two-wheeler tyre segment, along with growing presence in passenger vehicle and commercial vehicle tyres. Compared to MRF, CEAT is seen as more of a volume and growth-oriented player, focusing on market share expansion and premiumisation. What CEAT Actually Does CEAT produces: Two-wheeler tyres (its core strength) Car and SUV tyres Truck and bus radial tyres Export-focused tyre lines How CEAT Makes Money CEAT’s revenues come from: OEM sales to two-wheeler and auto manufacturers Replacement market volumes Expanding premium radial tyre portfolio It benefits significantly when raw material prices soften, as margin expansion can be sharp due to operating leverage.