Ceat Ltd. reported a 16% fall in standalone web revenue in the course of the quarter ended March 31, 2025, lacking analyst estimates.
The kind producer’s web revenue fell to Rs 100.4 crore for the fourth quarter of fiscal 2025 as in comparison with Rs 119.1 crore for a similar interval final 12 months. That compares with a consensus estimate of Rs 116 crore by analysts polled by Bloomberg.
Ceat Ltd. This autumn FY25 (Standalone YoY)
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Income up 14.6% at Rs 3,413 crore versus Rs 2,979 crore (Bloomberg estimate: Rs 3,387.6 crore).
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Internet revenue down 16% to Rs 100.4 crore versus Rs 119.1 crore (Estimate: Rs 116 crore).
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Ebitda flat at Rs 394 crore versus Rs 393.8 crore (Estimate: Rs 363 crore).
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Margin at 11.5% versus 13.2% (Estimate: 10.7%).
Dividend
Ceat proposed a dividend of Rs 30 per share for the fiscal 12 months 2024-25, topic to the approval from the shareholders on the annual normal assembly.
The dividend can be rolled out inside 30 days following the approval from the shareholders.
Shares of Ceat closed 0.53% greater at Rs 3,060.40 apiece on the NSE, in comparison with a 0.03% rise within the benchmark Nifty 50. The inventory has risen by 21.42% within the final 12 months however fallen 5.32% on a year-to-date foundation.
Out of 21 analysts monitoring the corporate, 16 have ‘purchase’ ranking on the inventory, two suggest ‘maintain’ and three counsel ‘promote’, in response to Bloomberg knowledge. The typical of 12-month analysts’ worth goal implies a possible upside of 11.1%.
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