Free Research Report – CEAT
Dec 16, 2016 | 12:58 PM IST
Dec 16, 2016 | 12:58 PM IST
Consistent business growth over the last few years:
The business of CEAT Ltd have grown consistently over the last 4-5 years. In the year 2011, it recorded sales of INR 3,631 Cr which increased to INR 5,714 Cr in FY 2016. The net profit has increased from INR 26 Cr in 2011 to INR 446 Cr in FY 2016.
The EBITDA margins have increased over the years from around 8-9% to 14%+ in last 2 years.
CEAT as a company is one of the leading Tyre manufacturers from India. The company has more than 4,000 dealers and 390+ exclusive franchise and in more than 100 countries its products are sold.Read More>>
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