CEATLTD

What it is: CEAT Ltd is a leading Indian tyre manufacturer, part of the RP–Sanjiv Goenka Group, with a strong presence in 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, buses, off-highway Exports: Supplies tyres to multiple global markets How CEAT Makes Money OEM supply to auto manufacturers Large replacement tyre market Premiumisation and radialisation improving margins Why Investors Care Direct play on two-wheeler demand recovery Replacement cycle provides volume stability Operating leverage when raw material costs ease Key Strengths Leadership in two-wheeler segment Expanding premium and radial tyre portfolio Strong distribution and brand recall Backing of a diversified business group Key Risks Natural rubber & crude-linked input volatility Auto cycle slowdown Competition from MRF & Apollo Tyres One-liner CEAT is a volume-led tyre stock—does best when two-wheeler demand and replacement cycles are strong.