CEAT Limited (CEATLTD) - Net Assets
Based on the latest financial reports, CEAT Limited (CEATLTD) has net assets worth Rs50.54 Billion INR (≈ $546.57 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs139.02 Billion ≈ $1.50 Billion USD) and total liabilities (Rs88.48 Billion ≈ $956.90 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of CEAT Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs50.54 Billion |
| % of Total Assets | 36.35% |
| Annual Growth Rate | 10.42% |
| 5-Year Change | 53.32% |
| 10-Year Change | 106.78% |
| Growth Volatility | 19.47 |
CEAT Limited - Net Assets Trend (2005–2026)
This chart illustrates how CEAT Limited's net assets have evolved over time, based on quarterly financial data. See CEATLTD days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CEAT Limited (2005–2026)
The table below shows the annual net assets of CEAT Limited from 2005 to 2026. For live valuation and market cap data, see market value of CEAT Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs50.54 Billion ≈ $546.57 Million |
+15.49% |
| 2025-03-31 | Rs43.76 Billion ≈ $473.28 Million |
+7.99% |
| 2024-03-31 | Rs40.52 Billion ≈ $438.25 Million |
+17.22% |
| 2023-03-31 | Rs34.57 Billion ≈ $373.86 Million |
+4.87% |
| 2022-03-31 | Rs32.96 Billion ≈ $356.49 Million |
-1.29% |
| 2021-03-31 | Rs33.40 Billion ≈ $361.16 Million |
+13.92% |
| 2020-03-31 | Rs29.32 Billion ≈ $317.04 Million |
+5.08% |
| 2019-03-31 | Rs27.90 Billion ≈ $301.72 Million |
+6.10% |
| 2018-03-31 | Rs26.29 Billion ≈ $284.37 Million |
+7.58% |
| 2017-03-31 | Rs24.44 Billion ≈ $264.32 Million |
+16.56% |
| 2016-03-31 | Rs20.97 Billion ≈ $226.76 Million |
+22.27% |
| 2015-03-31 | Rs17.15 Billion ≈ $185.46 Million |
+61.04% |
| 2014-03-31 | Rs10.65 Billion ≈ $115.17 Million |
+35.58% |
| 2013-03-31 | Rs7.85 Billion ≈ $84.95 Million |
+15.89% |
| 2012-03-31 | Rs6.78 Billion ≈ $73.30 Million |
+3.68% |
| 2011-03-31 | Rs6.54 Billion ≈ $70.70 Million |
+3.98% |
| 2010-03-31 | Rs6.29 Billion ≈ $67.99 Million |
+28.73% |
| 2009-03-31 | Rs4.88 Billion ≈ $52.82 Million |
-4.85% |
| 2008-03-31 | Rs5.13 Billion ≈ $55.51 Million |
+35.55% |
| 2007-03-31 | Rs3.79 Billion ≈ $40.95 Million |
+8.49% |
| 2006-03-31 | Rs3.49 Billion ≈ $37.74 Million |
-44.61% |
| 2005-03-31 | Rs6.30 Billion ≈ $68.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CEAT Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs404.50 Million | 0.80% |
| Other Components | Rs50.06 Billion | 99.20% |
| Total Equity | Rs50.46 Billion | 100.00% |
CEAT Limited Competitors by Market Cap
The table below lists competitors of CEAT Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Byline Bancorp Inc
NYSE:BY
|
$1.51 Billion |
|
Capricor Therapeutics Inc
NASDAQ:CAPR
|
$1.51 Billion |
|
OSK Holdings Bhd
KLSE:5053
|
$1.51 Billion |
|
Better Life Commercial Chain Share Co Ltd
SHE:002251
|
$1.51 Billion |
|
SKYWORTH GRP UNSP.ADR/30
F:KYW0
|
$1.51 Billion |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
$1.50 Billion |
|
Arteche Lantegi Elkartea SA
MC:ART
|
$1.50 Billion |
|
Sichuan Crun Co Ltd
SHE:002272
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CEAT Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 43,685,300,000 to 50,460,100,000, a change of 6,774,800,000 (15.5%).
- Net income of 6,980,200,000 contributed positively to equity growth.
- Dividend payments of 1,213,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,690,500,000.
- Other factors increased equity by 2,698,600,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs6.98 Billion | +13.83% |
| Dividends Paid | Rs1.21 Billion | -2.4% |
| Other Comprehensive Income | Rs-1.69 Billion | -3.35% |
| Other Changes | Rs2.70 Billion | +5.35% |
| Total Change | Rs- | 15.51% |
Book Value vs Market Value Analysis
This analysis compares CEAT Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 21.20x to 2.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs162.72 | Rs3450.00 | x |
| 2006-03-31 | Rs88.47 | Rs3450.00 | x |
| 2007-03-31 | Rs82.93 | Rs3450.00 | x |
| 2008-03-31 | Rs138.36 | Rs3450.00 | x |
| 2009-03-31 | Rs142.62 | Rs3450.00 | x |
| 2010-03-31 | Rs183.60 | Rs3450.00 | x |
| 2011-03-31 | Rs190.91 | Rs3450.00 | x |
| 2012-03-31 | Rs197.92 | Rs3450.00 | x |
| 2013-03-31 | Rs224.90 | Rs3450.00 | x |
| 2014-03-31 | Rs274.42 | Rs3450.00 | x |
| 2015-03-31 | Rs448.80 | Rs3450.00 | x |
| 2016-03-31 | Rs510.39 | Rs3450.00 | x |
| 2017-03-31 | Rs597.02 | Rs3450.00 | x |
| 2018-03-31 | Rs644.27 | Rs3450.00 | x |
| 2019-03-31 | Rs683.83 | Rs3450.00 | x |
| 2020-03-31 | Rs718.89 | Rs3450.00 | x |
| 2021-03-31 | Rs819.85 | Rs3450.00 | x |
| 2022-03-31 | Rs809.10 | Rs3450.00 | x |
| 2023-03-31 | Rs850.34 | Rs3450.00 | x |
| 2024-03-31 | Rs999.41 | Rs3450.00 | x |
| 2025-03-31 | Rs1079.98 | Rs3450.00 | x |
| 2026-03-31 | Rs1249.04 | Rs3450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CEAT Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.45%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.76x
- Recent ROE (13.83%) is above the historical average (11.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -0.30% | -0.12% | 0.90x | 2.69x | Rs-648.88 Million |
| 2006 | 0.15% | 0.03% | 1.25x | 3.99x | Rs-343.83 Million |
| 2007 | 10.37% | 1.84% | 1.50x | 3.75x | Rs13.85 Million |
| 2008 | 28.95% | 6.38% | 1.48x | 3.06x | Rs972.79 Million |
| 2009 | -3.30% | -0.64% | 1.52x | 3.39x | Rs-649.50 Million |
| 2010 | 25.61% | 5.74% | 1.34x | 3.33x | Rs981.70 Million |
| 2011 | 4.20% | 0.76% | 1.26x | 4.39x | Rs-379.29 Million |
| 2012 | 2.68% | 0.39% | 1.52x | 4.52x | Rs-495.92 Million |
| 2013 | 15.30% | 2.38% | 1.61x | 4.01x | Rs416.43 Million |
| 2014 | 30.84% | 5.51% | 1.62x | 3.45x | Rs2.14 Billion |
| 2015 | 18.85% | 5.51% | 1.50x | 2.27x | Rs1.49 Billion |
| 2016 | 21.19% | 7.98% | 1.33x | 2.00x | Rs2.31 Billion |
| 2017 | 14.95% | 6.26% | 1.16x | 2.06x | Rs1.20 Billion |
| 2018 | 9.13% | 3.79% | 1.22x | 1.98x | Rs-226.29 Million |
| 2019 | 9.12% | 3.61% | 1.09x | 2.32x | Rs-243.91 Million |
| 2020 | 7.95% | 3.41% | 0.92x | 2.53x | Rs-595.42 Million |
| 2021 | 13.03% | 5.68% | 0.94x | 2.45x | Rs1.00 Billion |
| 2022 | 2.18% | 0.76% | 1.02x | 2.80x | Rs-2.56 Billion |
| 2023 | 5.41% | 1.65% | 1.18x | 2.80x | Rs-1.58 Billion |
| 2024 | 4.61% | 1.66% | 1.12x | 2.47x | Rs-2.18 Billion |
| 2025 | 10.82% | 3.58% | 1.18x | 2.57x | Rs357.87 Million |
| 2026 | 13.83% | 4.45% | 1.13x | 2.76x | Rs1.93 Billion |
Industry Comparison
This section compares CEAT Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $21,830,126,303
- Average return on equity (ROE) among peers: 12.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CEAT Limited (CEATLTD) | Rs50.54 Billion | -0.30% | 1.75x | $1.51 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $12.04 Billion | 15.79% | 2.06x | $2.33 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.00 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $6.81 Billion | 31.82% | 1.40x | $4.69 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $8.33 Billion | 8.30% | 0.46x | $1.03 Billion |
| Bharat Gears Limited (BHARATGEAR) | $738.13 Million | -10.43% | 4.20x | $22.76 Million |
| Bosch Limited (BOSCHLTD) | $99.73 Billion | 13.75% | 0.40x | $12.82 Billion |
| CIE Automotive India Limited (CIEINDIA) | $42.89 Billion | 11.61% | 1.00x | $1.90 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $2.53 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.10 Billion | 13.38% | 0.45x | $283.35 Million |
About CEAT Limited
CEAT Limited manufactures and sells automotive tyres, tubes, and flaps in India and internationally. It provides rubber tires and tubes for scooters, bikes, two and three wheelers, passenger cars, buses, light commercial vehicles, trucks, off highway vehicles, and tractors, as well as steel rad products. The company also exports its products. It offers a wide range of tyres for original equipment… Read more