CEAT Share Price From 1990 to 2025 & Price Target 2025 to 2040: CEAT Limited is one of India’s leading tire manufacturers, known for producing a wide range of tires for various vehicles, including passenger cars, motorcycles, scooters, commercial vehicles, and off-road vehicles. The company is recognized for its focus on innovation, durability, and performance, providing tires that cater to diverse driving conditions and customer needs.
This article delves into the journey of CEAT share price from 1990 to 2025, highlighting significant trends, milestones, and the factors contributing to its growth. Additionally, we provide a forecast for CEAT’s share price target from 2025 to 2040, taking into account current market trends and potential drivers of future growth.
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CEAT Limited Company Overview
Established in 1958 and headquartered in Mumbai, India, CEAT is part of the RPG Group. The company operates state-of-the-art manufacturing facilities across India and exports its products to over 100 countries. CEAT is committed to sustainability and technological advancement, with investments in eco-friendly manufacturing processes and the development of energy-efficient tires. With a strong market presence and customer-centric approach, CEAT has established itself as a trusted brand in the automotive industry.
Formerly | Cavi Elettrici e Affini Torino |
Company type | Public |
Traded as | BSE: 500878 NSE: CEATLTD |
ISIN | ISIN: INE482A01020 |
Industry | Tires & Tubes |
Founded | 1924; 100 years ago, in Turin, Italy |
Founders | Virginio Bruni Tedeschi |
Headquarters | Worli, Mumbai, India |
Key people | Harsh Goenka (Chairman) Anant Goenka (Vice Chairman) Arnab Banerjee (MD & CEO) |
Revenue | ₹11,963 crore (US$1.4 billion) (2024) |
Operating income | ₹894 crore (US$110 million) (2024) |
Net income | ₹635 crore (US$76 million) (2024) |
Total assets | ₹9,994 crore (US$1.2 billion) (2024) |
Total equity | ₹4,052 crore (US$490 million) (2024) |
Number of employees | 8,000 |
Parent | RPG Group |
Website | https://www.ceat.com/ |
CEAT Share Price Growth From 1990 to 2025

Year | Value | YOY – Chg% | High – Low |
1990 | 65.76 | – | ₹122 – ₹61.23 |
1991 | 106.58 | 62.03% | ₹136 – ₹55.56 |
1992 | 102.05 | −4.25% | ₹290 – ₹86.17 |
1993 | 105.45 | 3.34% | ₹115 – ₹61.68 |
1994 | 108.85 | 3.22% | ₹145 – ₹86.17 |
1995 | 58.96 | −45.81% | ₹113 – ₹54.88 |
1996 | 52.61 | −10.77% | ₹113 – ₹46.49 |
1997 | 21.32 | −59.47% | ₹69.85 – ₹16.33 |
1998 | 20.86 | −2.16% | ₹34.47 – ₹15.60 |
1999 | 42.36 | 103.08% | ₹88.89 – ₹15.24 |
2000 | 34.38 | −18.82% | ₹69.07 – ₹21.77 |
2001 | 20.73 | −39.68% | ₹36.15 – ₹13.42 |
2002 | 30.84 | 48.74% | ₹49.21 – ₹19.96 |
2003 | 63.9 | 107.25% | ₹69.85 – ₹22.68 |
2004 | 52.11 | −18.46% | ₹66.90 – ₹25.58 |
2005 | 72 | 38.18% | ₹104 – ₹48.53 |
2006 | 123.95 | 72.15% | ₹139 – ₹55.90 |
2007 | 209.35 | 68.93% | ₹244 – ₹104 |
2008 | 38.9 | −81.42% | ₹198 – ₹32.90 |
2009 | 145.5 | 273.95% | ₹190 – ₹31 |
2010 | 133.65 | −8.16% | ₹195 – ₹124 |
2011 | 73.55 | −44.98% | ₹141 – ₹66.20 |
2012 | 105.25 | 43.12% | ₹125 – ₹72.05 |
2013 | 320.65 | 204.71% | ₹338 – ₹87.15 |
2014 | 863 | 169.16% | ₹1009 – ₹266 |
2015 | 1052.5 | 21.93% | ₹1318 – ₹596 |
2016 | 1162.9 | 10.49% | ₹1422 – ₹731 |
2017 | 1950.7 | 67.72% | ₹2030 – ₹1070 |
2018 | 1306.2 | −33.05% | ₹2030 – ₹983 |
2019 | 988.8 | −24.27% | ₹1319 – ₹731 |
2020 | 1079.35 | 9.15% | ₹1249 – ₹601 |
2021 | 1214.2 | 12.51% | ₹1763 – ₹1067 |
2022 | 1641.4 | 35.18% | ₹1981 – ₹890 |
2023 | 2427 | 47.86% | ₹2642 – ₹1357 |
2024 | 3107.45 | 28.06% | ₹3127 – ₹2932 |
2025 | 3200 | 2.98% | ₹3200 – ₹3,061 |
CEAT Share Price From 1990 to 2000
The 1990s were a challenging period for CEAT as it navigated the impacts of India’s economic liberalization. Starting at ₹65.76 in 1990, the share price declined to ₹34.38 by the end of the decade. Despite the dip, CEAT remained a key player in the Indian tire industry, positioning itself for recovery in the following years.
CEAT Share Price From 2000 to 2010
The 2000s marked a recovery phase for CEAT. Beginning at ₹34.38 in 2000, the share price grew steadily to ₹133.65 by 2010, driven by increased domestic demand and CEAT’s focus on expanding its product portfolio and improving operational efficiency. This decade set the stage for stronger growth.
CEAT Share Price From 2010 to 2020
CEAT witnessed significant growth between 2010 and 2020. Starting at ₹133.65 in 2010, the share price soared to ₹1,079.35 by 2020. This remarkable growth was fueled by CEAT’s aggressive marketing strategies, product innovation, and the rising demand for tires in India’s booming automotive sector.
CEAT Share Price From 2020 to 2025
Despite global challenges, including the COVID-19 pandemic, CEAT continued its growth trajectory from 2020 to 2024. Beginning at ₹1,079.35 in 2020, the share price surged to ₹3,785 by 2025. This growth highlights CEAT’s resilience, adaptability, and strong market presence, making it an attractive option for long-term investors.
Technical Analysis for CEAT Limited
CEAT Share Price Target
Now let us talk about the main point, CEAT Share Price Target. We predict the share price through a combination of fundamental and technical analysis of the company’s performance and stock trends. Based on our extensive experience and in-depth research by our team, we aim to forecast the future direction of CEAT’s share price as follows:
CEAT Share Price Target 2025
CEAT is poised for consistent growth, supported by its strong fundamentals and market positioning. For 2025, the company’s share price is projected to reach a first target of ₹3,550 and a second target of ₹3,785. This reflects a stable growth outlook and increasing investor confidence in CEAT’s performance.
Year | 1st Target | 2nd Target |
2025 | ₹3,550 | ₹3,785 |
Read More:- Mphasis Share Price Target 2025, 2030, 2035, 2040
CEAT Share Price Target 2026
As CEAT continues to expand its market presence and strengthen its operational capabilities, the share price in 2026 is expected to achieve a first target of ₹4,065 and a second target of ₹4,390. These estimates indicate a robust trajectory in the medium term, driven by improved profitability and demand.
Year | 1st Target | 2nd Target |
2026 | ₹4,065 | ₹4,390 |
CEAT Share Price Target 2027
By 2027, CEAT is projected to deliver further value to its shareholders, with a share price target of ₹4,690 as the first target and ₹5,093 as the second target. This growth reflects the company’s ability to capitalize on market opportunities and maintain its competitive edge.
Year | 1st Target | 2nd Target |
2027 | ₹4,690 | ₹5,093 |
CEAT Share Price Target 2028
CEAT’s growth momentum is likely to accelerate by 2028, with the share price expected to reach ₹5,305 as the first target and ₹5,908 as the second target. Strategic investments and innovative product offerings are likely to support this upward trend.
Year | 1st Target | 2nd Target |
2028 | ₹5,305 | ₹5,908 |
CEAT Share Price Target 2029
In 2029, CEAT’s share price is anticipated to touch ₹6,460 as the first target and ₹6,853 as the second target. This projection underscores the company’s sustained growth, underpinned by a strong market presence and operational efficiency.
Year | 1st Target | 2nd Target |
2029 | ₹6,460 | ₹6,853 |
CEAT Share Price Target 2030
Looking ahead to 2030, CEAT’s share price is forecasted to climb further, achieving a first target of ₹7,575 and a second target of ₹7,949. This long-term growth highlights the company’s ability to innovate and adapt in an evolving market.
Year | 1st Target | 2nd Target |
2030 | ₹7,575 | ₹7,949 |
CEAT Share Price Target 2035
By 2035, CEAT is expected to reach significant milestones in its share price, with a first target of ₹12,385 and a second target of ₹13,697. This sharp rise reflects the company’s long-term growth potential, driven by strategic initiatives and a solid financial foundation.
Year | 1st Target | 2nd Target |
2035 | ₹12,385 | ₹13,697 |
Read More:- Vivanta Industries Share Price Target 2025, 2030, 2035, 2040
CEAT Share Price Target 2040
By 2040, CEAT’s share price is projected to soar to a first target of ₹15,195 and a second target of ₹18,070. These long-term projections highlight CEAT’s resilience and growth potential, as it continues to innovate and expand in a competitive market.
Year | 1st Target | 2nd Target |
2040 | ₹15,195 | ₹18,070 |
CEAT Share Price Forecast From 2025 To 2040
Year | Year High Target (₹) | Year Low Target (₹) |
2025 | ₹3,785 | ₹3,053 |
2026 | ₹4,390 | ₹3,437 |
2027 | ₹5,093 | ₹4,115 |
2028 | ₹5,908 | ₹4,602 |
2029 | ₹6,853 | ₹5,214 |
2030 | ₹7,949 | ₹6,272 |
2035 | ₹13,697 | ₹7,095 |
2040 | ₹18,070 | ₹11,848 |
Peer Comparison of CEAT Limited
Sector: Tyres | Industry: Tyres | ||||
Name | P/E | Mar Cap ₹Cr. | NP Qtr ₹Cr. | Sales Qtr ₹Cr. | ROCE % |
Balkrishna Inds | 33.7 | 54943.67 | 346.94 | 2419.74 | 17.62 |
MRF | 27.27 | 53144.51 | 470.7 | 6881.09 | 16.12 |
Apollo Tyres | 21.6 | 32,749 | 297.46 | 6437.03 | 16.45 |
CEAT | 21.36 | 12649.38 | 121.45 | 3304.53 | 20.42 |
JK Tyre & Indust | 13.86 | 10618.27 | 139.75 | 3621.56 | 19.31 |
TVS Srichakra | 42.78 | 2960.61 | 10.25 | 841.74 | 11.14 |
Goodyear India | 41.17 | 2407.8 | 15.74 | 682.25 | 21.98 |
Fundamentals of CEAT Limited
Metric | Value |
Market Cap | ₹12,468 Cr |
P/E Ratio (TTM) | 22.02 |
P/B Ratio | 2.97 |
Industry P/E | 24.48 |
Debt to Equity | 0.50 |
ROE (Return on Equity) | 13.48% |
EPS (TTM) | 139.95 |
Dividend Yield | 0.97% |
52 Week High | ₹3263 |
52 Low High | ₹2155 |
Book Value | ₹1038.43 |
Face Value | ₹10 |
CEAT Limited Financial Results
All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
Sales | 7,610 | 9,363 | 11,315 | 11,943 | 12,452 |
Expenses | 6,617 | 8,643 | 10,341 | 10,291 | 10,898 |
Operating Profit | 993 | 721 | 974 | 1,653 | 1,554 |
OPM % | 13% | 8% | 9% | 14% | 12% |
Other Income | 10 | 17 | -8 | -18 | -35 |
Interest | 179 | 207 | 242 | 269 | 256 |
Depreciation | 340 | 435 | 469 | 509 | 532 |
Profit before tax | 484 | 95 | 254 | 857 | 731 |
Tax % | 11% | 26% | 28% | 26% | |
Net Profit | 432 | 71 | 182 | 635 | 559 |
EPS in Rs | 106.81 | 17.6 | 46.02 | 158.87 | 139.95 |
Dividend Payout % | 17% | 17% | 26% | 19% | |
Compounded Sales Growth | Compounded Profit Growth | Stock Price CAGR | |||
10 Years: | 8% | 10 Years: | 9% | 10 Years: | 14% |
5 Years: | 11% | 5 Years: | 19% | 5 Years: | 27% |
3 Years: | 16% | 3 Years: | 13% | 3 Years: | 40% |
TTM: | 7% | TTM: | 13% | 1 Year: | 42% |
Return on Equity | |||||
10 Years: | 12% | ||||
5 Years: | 10% | ||||
3 Years: | 9% | ||||
Last Year: | 18% |
Shareholding Pattern of CEAT Limited

Balance Sheet of CEAT Limited
All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
Equity Capital | 40 | 40 | 40 | 40 | 40 |
Reserves | 3,276 | 3,232 | 3,399 | 4,002 | 4,160 |
Borrowings | 1,533 | 2,229 | 2,295 | 1,792 | 2,084 |
Other Liabilities | 3,284 | 3,658 | 3,891 | 4,160 | 4,513 |
Total Liabilities | 8,133 | 9,160 | 9,627 | 9,994 | 10,798 |
Fixed Assets | 4,763 | 5,329 | 6,096 | 6,271 | 6,563 |
CWIP | 793 | 876 | 596 | 684 | 698 |
Investments | 210 | 179 | 170 | 182 | 176 |
Other Assets | 2,367 | 2,775 | 2,765 | 2,858 | 3,361 |
Total Assets | 8,133 | 9,160 | 9,627 | 9,994 | 10,798 |
CEAT Limited Dividend History From 2001 to 2024
Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
02/05/2024 | 09/08/2024 | Final | 30 |
04/05/2023 | 20/06/2023 | Final | 12 |
05/05/2022 | 10/06/2022 | Final | 3 |
05/05/2021 | 27/08/2021 | Final | 18 |
24/02/2020 | 19/03/2020 | Interim | 12 |
07/05/2019 | 18/07/2019 | Final | 12 |
30/04/2018 | 10/07/2018 | Final | 11.5 |
02/05/2017 | 28/07/2017 | Final | 11.5 |
08/03/2016 | 22/03/2016 | Interim | 11.5 |
22/05/2015 | 03/08/2015 | Final | 10 |
29/04/2014 | 17/09/2014 | Final | 10 |
07/05/2013 | 12/08/2013 | Final | 4 |
08/05/2012 | 25/07/2012 | Final | 1 |
02/05/2011 | 10/08/2011 | Final | 2 |
30/04/2010 | 14/07/2010 | Final | 4 |
29/04/2008 | 09/07/2008 | Final | 4 |
23/04/2007 | 11/07/2007 | Final | 1.8 |
01/07/2004 | 07/09/2004 | Final | 1 |
21/10/2003 | 28/11/2003 | Final | 1 |
02/05/2002 | 30/08/2002 | Final | 1 |
04/05/2001 | 30/07/2001 | Final | 0 |
FAQ
Q.1. What is the price target for CEAT in 2025?
Ans: The projected share price targets for CEAT in 2025 are ₹3,550 for the first target and ₹3,785 for the second target, reflecting moderate growth in the company’s stock value.
Q.2.What is the share price target for CEAT in 2026?
Ans: The share price target for CEAT in 2026 is projected at ₹4,065 for the first target and ₹4,390 for the second target, reflecting steady growth driven by the company’s market performance.
Q.3. What are the expected share price targets for CEAT in 2027?
Ans: In 2027, CEAT’s share price is expected to reach ₹4,690 as the first target and ₹5,093 as the second target, highlighting gradual progress in business expansion and profitability.
Q.4. What is the forecasted share price for CEAT in 2028?
Ans: The share price targets for 2028 are ₹5,305 for the first target and ₹5,908 for the second target, indicating a positive growth trajectory for CEAT’s stock.
Q.5. What are the share price targets for CEAT in 2029?
Ans: By 2029, CEAT’s share price is anticipated to reach ₹6,460 for the first target and ₹6,853 for the second target, supported by strong market demand and operational efficiency.
Q.6. What is the projected share price for CEAT in 2030?
Ans: The share price target for CEAT in 2030 is ₹7,575 for the first target and ₹7,949 for the second target, showcasing long-term growth potential.
Q.7. What are the long-term share price targets for CEAT in 2035?
Ans: In 2035, CEAT’s share price is expected to achieve ₹12,385 as the first target and ₹13,697 as the second target, reflecting significant advancements in the company’s market position.
Q.8. What is the share price forecast for CEAT in 2040?
Ans: For 2040, the share price targets are ₹15,195 for the first target and ₹18,070 for the second target, emphasizing a strong long-term growth outlook for CEAT’s stock.
Q.9. Is it good to invest in CEAT?
Ans: CEAT’s consistent growth in share price targets suggests a strong potential for returns, driven by its market position and business strategy. However, investment decisions should consider individual goals, market conditions, and thorough research. Consulting a financial advisor is recommended.
Q.10. When was CEAT listed?
Ans: CEAT was listed on the stock exchanges in 1995, marking its entry into the public markets.
Q.11. What are the NSE and BSE codes for CEAT?
CEAT is listed on the Bombay Stock Exchange (BSE) with the code 500878 and on the National Stock Exchange (NSE) with the code CEATLTD. These codes can be used to track its stock performance.

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