External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>CEAT’s Q2FY25 revenue increased by 8.2% YoY, driven by healthy demand in the replacement and international markets.</li><li>Rise in key input prices led to a steep decline in gross margin by 594bps YoY to 37.4%.</li><li>Higher input costs and rise in staff expenses on account of yearly increments, led to EBITDA margin declining by 398bps YoY to 11%.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

CEAT’s Q2FY25 revenue increased by 8.2% YoY, driven by healthy demand in the replacement and international markets.Rise in key input prices led to a steep decline in gross margin by 594bps YoY to 37.4%.Higher input costs and rise in staff expenses on account of yearly increments, led to EBITDA margin declining by 398bps YoY to 11%.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Ceat (Ceat In) - Higher Input Costs Pressurizing Margins

Ceat Ltd

Ceat (Ceat In) - Higher Input Costs Pressurizing Margins