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CEAT Ltd dividend

CEAT Ltd dividend

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CEAT Ltd

NSE: CEATLTD

DPS

12

Last updated : FY 2023

Key Highlights

    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 ₹ 2393 as of 28 May 15:40 .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 ₹ 2994 crore over 8 quarters. This represents a CAGR of 3.03% a1#The EBITDA of CEAT Ltd changed from ₹ 167.31 crore to ₹ 336.41 crore over 8 quarters. This represents a CAGR of 41.80% a1#The Net Profit of CEAT Ltd changed from ₹ 2.6 crore to ₹ 92.87 crore over 8 quarters. This represents a CAGR of 497.66% a1#

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Share Price Vs Dividend Yield

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Fundamental Metrics

Market Cap

9,305 Cr

EPS

169.4

P/E Ratio (TTM) *

13.6

P/B Ratio (TTM) *

2.3

DTE *

0.4

ROE *

15.9

ROCE *

18.9

Dividend Yield *

0.83

DPS *

12

Dividend Payout *

23.53

Ann.Dividend % *

120

* All values are consolidated

* All values are consolidated

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Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1917
Mar '2022
Mar '2118
Mar '2222
Mar '2324

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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CEAT Ltd

NSE: CEATLTD

PRICE

2393.75

16.40(0.69%)

stock direction

Last updated : 28 May 15:40

SWOT Analysis Of CEAT Ltd

Strength

0

S

Weakness

2

W

Opportunity

0

O

Threats

2

T

BlinkX Score for CEAT Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Dividend Overview for CEAT Ltd

  • CEAT Ltd, boasts of a market capitalization of Rs 9305 Cr., with a share price of Rs 2393.75 as of 28 May 15:40. While all stocks don't consistently pay dividends, CEAT Ltd rewarded its shareholders, distributing 23.5 % for the full year.
  • In the year ending 2022, CEAT Ltd declared a dividend of Rs 3, resulting in a dividend yield of 0.3% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, CEAT Ltd recorded revenues of Rs 11943 Cr, with a trailing EBITDA Margin of 13.5% and net-profit of Rs 643 Cr

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '194548
Mar '203184
Mar '216315
Mar '223769
Mar '235866

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '222821
Sep '222904
Dec '222729
Mar '222877
Jun '232938
Sep '233064
Dec '232966
Mar '232995

* All values are a in crore

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EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22167
Sep '22189
Dec '22239
Mar '22362
Jun '23390
Sep '23467
Dec '23420
Mar '23336

* All values are a in crore

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Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '223
Sep '226
Dec '2241
Mar '22125
Jun '23146
Sep '23202
Dec '23173
Mar '2393

* All values are a in crore

About CEAT Ltd

About CEAT Ltd

    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.

CEAT Ltd News Hub

News

CEAT slips as Q4 PAT slides 19% YoY; declares dividend of Rs 30/ share

Revenue from operations increased 4.07% to Rs 2,991.85 crore in Q4 FY24 as against revenue...

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03 May 2024 11:33

News

Board of CEAT recommends final dividend

CEAT announced that the Board of Directors of the Company at its meeting held on 2 May 202...

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02 May 2024 20:19

News

CEAT to discuss results

CEAT will hold a meeting of the Board of Directors of the Company on 2 May 2024. Powered b...

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20 Apr 2024 12:59

News

CEAT director resigns

CEAT announced the resignation of Priya Nair (DIN 07119070), Non-executive Independent Dir...

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02 Apr 2024 10:34

News

Board of CEAT approves appointment of directors

The Board of CEAT at its meeting held on 14 March 2024 has approved the appointment of Mil...

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14 Mar 2024 18:24

News

BCCI selects CEAT as Official Partner for IPL

CEAT has been selected as an official partner by Board of Control for Cricket in India (BC...

Read more

23 Feb 2024 12:32

FAQs for dividends of CEAT Ltd

What is the current market price of CEAT Ltd Ltd as of May 28, 2024?

The current market price of CEAT Ltd Ltd stands at 2393.8 per share.

What dividend did CEAT Ltd declare in the last fiscal year?

In the last fiscal year, CEAT Ltd declared a dividend totaling ₹30.0.

What is the most recent dividend declared by CEAT Ltd?

CEAT Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has CEAT Ltd declared dividends in the current fiscal year

CEAT Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did CEAT Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), CEAT Ltd declared dividends 4 times totaling ₹0.
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