CEAT Ltd dividend

The Dividend per Share of CEAT Ltd is ₹ 12 as of 2023 .a1#The Dividend Payout of CEAT Ltd changed from 16.8 % on March 2019 to 23.53 % on March 2023 . This represents a CAGR of 6.97% over 5 years. a1#The Latest Trading Price of CEAT Ltd is ₹ 2618 as of 26 Jul 09:04 .a1#The Market Cap of CEAT Ltd changed from ₹ 4547 crore on March 2019 to ₹ 5865 crore on March 2023 . This represents a CAGR of 5.22% over 5 years. a1#The Revenue of CEAT Ltd changed from ₹ 2821 crore to ₹ 3206 crore over 9 quarters. This represents a CAGR of 5.85% a1#The EBITDA of CEAT Ltd changed from ₹ 167.31 crore to ₹ 396.49 crore over 9 quarters. This represents a CAGR of 46.74% a1#The Net Pr of CEAT Ltd changed from ₹ 2.6 crore to ₹ 148.89 crore over 9 quarters. This represents a CAGR of 504.35% a1#

CEAT, the flagship company of RPG Group, was established in 1958 as Ceat Tyres of India Ltd in collaboration with Tata Group. The company has 4 manufacturing facilities at Bhandup, Nashik, Nagpur and Halol and is setting up a green field project. In the year 1981, Deccan Fibre Glass Ltd was amalgamated with the company with effect from June 1, 1981. The company along with the Pradeshiya Industrial and Investment Corporation of UP Ltd. promoted a joint venture company, namely UPCOM Cables Ltd in technical collaboration with Ceat Cari of Italy. In the year 1996, the company launched a new radial car tyre 'Maestro', the first radial tyre in India to use state-of-the-art polyester tyre cord technology combined with steel belts. Product ranges like Gripp LN (low noise)' for passenger car radials and Zoom' for motorcycle tyres have been very successful. These products have received good responses in their respective markets and segments and contributed to 27% of the turnover. One key milestone for the company in the year gone by was adoption of its new purpose 'Making Mobility Safer and Smarter, Every day. In another key investment made during FY 2015-16, CEAT, through its subsidiary CEAT Specialty Tyres Limited (CSTL), invested in capacity for Off Highway Tyres (OHT) at Ambernath. CEAT has been following an 'asset-light approach' for its manufacturing to conserve capital and increase returns to shareholders. During the year under review, CEAT's long term credit rating improved from A+ to AA- by its rating agencies viz. The rating of AA- indicates high degree of safety regarding timely servicing of financial obligations and very low credit risk. During the financial year ended 31 March 2017, CEAT launched a total of 92 new products across different product categories. The company also strengthened its brand association with cricket through a bat endorsement by Ajinkya Rahane. During the year, CEAT decided to merge CEAT Specialty Tyres Limited (CSTL) and the scheme was approved by the Board on April 3, 2019. The company ranked among top 20 companies having innovative diversity policies and practices by DivHERsity Award 2020. The company also received Top Export Award by All India Rubber Industries Association for Excellence in Export for FY 2018-19. During the year 2021, the Company took dedicated initiatives with focus on enhancing the efficiency of its operations.