CEATLTDNSEQ3 FY24January 24, 2024

CEAT Limited

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Key numbers — 40 extracted
rs,
January 24, 2024 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Security Code: 500878 National Stock Exchange of India Limited Exc
Rs. 11,315
ber, etc. 4 CEAT Overview 55,000+ touchpoints 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 1st Deming Grand p
8.7%
,000+ touchpoints 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 1st Deming Grand prize winner and 1st Li
0.6x
ghest brand connect with “grip” and “safety” Rs. 11,315 cr revenue (FY23) 8.7% EBITDA (FY23) 0.6x debt to equity AA credit rating 1st Deming Grand prize winner and 1st Lighthouse recognised f
Rs. 2,963
3 FY24 Performance Section 1: RPG Group Overview Consolidated Financial Performance (1/2) Revenue Rs. 2,963 Cr, -3.0% QoQ, +8.7% YoY Diversified Product Mix 1 Rs. Cr Truck & Bus PC/UV LCV 2,963 3,053
3.0%
nce Section 1: RPG Group Overview Consolidated Financial Performance (1/2) Revenue Rs. 2,963 Cr, -3.0% QoQ, +8.7% YoY Diversified Product Mix 1 Rs. Cr Truck & Bus PC/UV LCV 2,963 3,053 2,727
31%
OEM volumes Price adjustments realizations vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacem
30%
volumes Price adjustments realizations vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement
20%
ts realizations vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement OEM Exports 1. Standal
7%
tions vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone revenu
8%
s vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone revenue br
28%
-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement OEM Exports 1. Standalone revenue breakup
Guidance — 1 items
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The Company cannot guarantee that these assumptions and expectations are accurate or will be realized.
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Risks & concerns — 2 flagged
Exports also continue to recover Seasonally weak quarter v/s Q2, led by decline in OEM volumes Price adjustments realizations vis-à-vis last year in OEM and exports impacted 31% (30%) 2/3W Off Highway 20% (20%) 7% (8%) 28% (26%) 14% (16%) Balanced Market Mix 1 Replacement OEM Exports 1.
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Cr 2,341 1,729 1,890 Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 • • • Gross margins impacted by increase in RM cost and mix impact Lower advertisement expenses and cost optimisation impact of gross margin measures reduced the contraction YoY margin improvement led by RM cost reduction and operational efficiencies • Capex for the quarter was Rs.
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Opening remarks
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Indian (Universal) and Mumbai Location USA UK Singapore Hong Kong +91 22 6280 1325 / +91 22 7115 8226 Dial In Number 18667462133 08081011573 8001012045 800964448 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/SKS #RoadToSiberia Q3 FY24 | Investor Presentation | 24th January 2024 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 re
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