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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
CEAT Limited is an India-based tire company. The Company’s principal business is the manufacturing of automotive tires, tubes and flaps. The Company manufactures tires for a broad range of vehicles, including passenger cars, two-wheelers, trucks and buses, light commercial…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, fairly priced.
CEAT is scored on the general / industrial framework. It keeps a slim 4.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.62× reported profit. Free cash flow is worth about -3.4% of its market value.
Over the last 3 years revenue compounded at 12%/yr and profit at 58%/yr. Book value has grown 14%/yr. Return on equity is a modest 11.5%.
At 21× earnings, the stock sits at the 40th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 27.79 | 23.92 | worse |
| P/B | 2.89 | 2.32 | worse |
| EV/EBITDA | 9.34 | 10.85 | better |
| ROE | 11.52 | 10.47 | better |
| ROCE | 14.03 | 12.17 | better |
| ROA | 3.36 | 4.93 | worse |
| Quick Ratio | 0.4 | 0.85 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| MRF | 22.0 | 2.5 | 11.6% |
| Balkrishna Ind | 32.6 | 4.0 | 12.2% |
| Apollo Tyres | 15.2 | 1.5 | 11.8% |
Revenue has grown every year across all 4 financial years shown. 12% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (58% vs 12%) — margin expansion is at work. The latest year saw a +51% swing — check if it's a one-off or structural.
Operating margin has expanded from 2% to 6% — the business is keeping more of each rupee earned.
ROE at 14% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 9pp across the window.
Profit grew faster than EPS (58% vs 55%) — share dilution is eroding per-share value. 55% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.6× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 10% sequentially — momentum is building. Run-rate stepping up — recent quarters average 8% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 11800% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 47.3% — dispersed ownership; institutional flows drive the stock. FIIs trimmed 3.5pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.