CEATLTDNSEQ4 FY23May 4, 2023

CEAT Limited

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Key numbers — 40 extracted
rs,
May 4, 2023 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Security Code: 500878 National Stock Exchange of India Limited Exc
Rs. 11,315
ints 110+ countries, with strong brand recall Highest brand connect with “grip” and “safety” Rs. 11,315 cr revenue (FY23) 8.7% EBITDA (FY23) 0.6x debt to equity AA credit rating 7 manufacturing faci
8.7%
rong brand recall Highest brand connect with “grip” and “safety” Rs. 11,315 cr revenue (FY23) 8.7% EBITDA (FY23) 0.6x debt to equity AA credit rating 7 manufacturing facilities Adopting Indust
0.6x
Highest brand connect with “grip” and “safety” Rs. 11,315 cr revenue (FY23) 8.7% EBITDA (FY23) 0.6x debt to equity AA credit rating 7 manufacturing facilities Adopting Industry 4.0, 1st Lightho
Rs. 2,875
4 FY23 Performance Section 1: RPG Group Overview Consolidated Financial Performance (1/2) Revenue Rs. 2,875 cr, +5.4% QoQ, +10.9% YoY Diversified Product Mix 1 2,875 2,727 2,592 Rs. Cr Truck & Bus PC/U
5.4%
nce Section 1: RPG Group Overview Consolidated Financial Performance (1/2) Revenue Rs. 2,875 cr, +5.4% QoQ, +10.9% YoY Diversified Product Mix 1 2,875 2,727 2,592 Rs. Cr Truck & Bus PC/UV LCV Q
10.9%
1: RPG Group Overview Consolidated Financial Performance (1/2) Revenue Rs. 2,875 cr, +5.4% QoQ, +10.9% YoY Diversified Product Mix 1 2,875 2,727 2,592 Rs. Cr Truck & Bus PC/UV LCV Q4 FY23 Q3 F
30%
ak Q3 Blended realisations marginally lower QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacem
20%
rginally lower QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacement OEM Exports 1. Standal
18%
lly lower QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone r
8%
wer QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone revenu
9%
QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone revenue br
Guidance — 2 items
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The Company cannot guarantee that these assumptions and expectations are accurate or will be realized.
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128 cr project capex Higher profitability and further reduction in inventory resulted in healthy operating cash flows Despite capex, debt reduced by ~Rs.
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Risks & concerns — 1 flagged
Replacement volumes also recovered after seasonally weak Q3 Blended realisations marginally lower QoQ due to mix effect and select promotions/discounts 30% (30%) 2/3W Off Highway 20% (18%) 8% (9%) 26% (28%) 16% (15%) Balanced Market Mix 1 Replacement OEM Exports 1.
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Opening remarks
Dial-in Details
Indian (Universal) and Mumbai Location USA UK Singapore Hong Kong +91-22-6280 1366 +91-22-7115 8267 Dial In Number 1 866 746 2133 0 808 101 1573 800 101 2045 800 964 448 We request you to kindly take the same on record and disseminate appropriately. Thanking you, Yours faithfully, For CEAT Limited Vallari Gupte Company Secretary & Compliance Officer Encl: as above GJ/DD Q4 FY23 | Investor Presentation | 4th May 2023 Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events. The Company cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, perfor
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