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VIJAY KUMAR GUPTA

4th Jan · SEBI-Registered Analyst

CEATLTD

CEATLTD
What it is: CEAT Ltd is one of India’s leading tyre manufacturers, part of the RP–Sanjiv Goenka Group. It has a strong presence across two-wheelers, passenger vehicles, and commercial vehicles. Founded: 1958 Headquarters: Mumbai What CEAT Does Two-wheeler tyres: Market leader in motorcycles & scooters Passenger vehicle tyres: Cars & SUVs Commercial vehicle tyres: Trucks and buses Exports: Tyres supplied to international markets Business Model (How it earns) OEM supply to auto manufacturers Large replacement market presence Brand-led pricing with improving margins Why CEAT Is Important Strong play on two-wheeler demand in India Beneficiary of replacement tyre cycle Improving operating efficiency in recent years Key Strengths Leadership in two-wheeler tyres Expanding premium & radial tyre portfolio Strong brand recall Part of a diversified, credible business group Key Risks / Watchpoints Volatility in natural rubber and crude-linked inputs Cyclical auto demand Competitive pressure from MRF & Apollo Tyres In One Line CEAT is a volume-driven tyre play—does well when two-wheeler and replacement demand remain strong.

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