General information about company | |
| Name of The Company | CEAT Limited |
| BSE Scrip Code | 500878 |
| NSE Symbol | CEATLTD |
| MSE Symbol | NOTLISTED |
| Date of Start of Financial Year | 01-04-2021 |
| Date of End of Financial Year | 31-03-2022 |
| Reporting Period | First half yearly |
| Date of Start of Reporting Period | 01-04-2021 |
| Date of End of Reporting Period | 30-09-2021 |
| Level of rounding used in financial results | Lakhs |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
Related party transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||
A. Details of related party | Sr | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | ||
| Name of the related party | CEAT Kelani International Tyres (Pvt.) Limited | Raychem RPG (Pvt.) Limited | KEC International Limited | RPG Enterprises Limited | RPG Life Sciences Limited | Associated CEAT (Pvt.) Limited | Ceat-Kelani International Tyres (Pvt.) Limited | Ceat Kelani Radials (Pvt.) Limited | Seniority Private Limited | Greenzest Solar Private Limited | Ceat-Kelani International Tyres (Pvt.) Limited | Tyresnmore Online Private Limited | MALABAR COASTAL HOLDINGS LLP | Chattarpati Apartments LLP | B.N. Elias & Co. LLP | KEC International Limited | RPG Enterprises Limited | RPG Enterprises Limited | CEAT Limited Superannuation Scheme | CEAT Limited Employees Gratuity Fund | CEAT Limited Superannuation Scheme | Artemis ventures Limited | Anant Vardhan Goenka | Arnab Banerjee | Kumar Subbiah | Vallari Gupte | Khaitan & Co. | RPG Enterprises Limited | Zensar Technologies Limited | Associated CEAT (Pvt.) Limited | Ceat Kelani Radials (Pvt.) Limited | CEAT Akkhan Limited | Associated CEAT (Pvt.) Limited | Harsh Vardhan Goenka | Atul C. Choksey | Haigreve Khaitan | Mahesh S. Gupta | Paras K. Chowdhary | Vinay Bansal | Priya Nair | Harsh Vardhan Goenka | Atul C. Choksey | Haigreve Khaitan | Mahesh S. Gupta | Paras K. Chowdhary | Vinay Bansal | Priya Nair | Punita Lal | |||
| Categories of related parties | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Associates | Other related party | Associates | Promoters Group | Promoters Group | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Other related party | Promoters | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Other related party | Other related party | Other related party | Other related party | Other related party | Subsidiaries | Other related party | Promoters | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Promoters | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | |||
| description of relationship | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Directors, KMP or their relatives are interested | Associate Company | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Associate Company | Promoter Group | Promoter Group | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Post employment benefit fund | Post employment benefit fund | Post employment benefit fund | Directors, KMP or their relatives are interested | Managing Director | Whole time Director | Chief Financial Officer | Company Secretary | Directors, KMP or their relatives are interested | Entities where control / significant influence by KMPs and their relatives exists | Entities where control / significant influence by KMPs and their relatives exists | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Subsidiary Company | Subsidiary of CEAT Kelani Holdings (Pvt.) Limited | Chairman, Non-Executive Director | Independent Director | Independent Director | Independent Director | Independent Director | Independent Director | Independent Director | Chairman, Non-Excutive Director | Independent Director | Independent Director | Independent Director | Independent Director | Independent Director | Independent Director | Independent Director | |||
| PAN of related party | |||||||||||||||||||||||||||||||||||||||||||||||||||
| CIN of related party | U74999MH1984PTC033786 | L45200MH2005PLC152061 | U74140MH1988PLC046122 | L24232MH2007PLC169354 | U52100MH2016PTC273209 | U40300MH2019PTC325558 | U25119DL2014PTC267768 | L45200MH2005PLC152061 | U74140MH1988PLC046122 | U74140MH1988PLC046122 | U74140MH1988PLC046122 | L72200PN1963PLC012621 | |||||||||||||||||||||||||||||||||||||||
B. Details of related party transactions | Purchase of goods and services | 32 | 396 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Sale of goods and services | 1491 | 168 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Purchase of fixed assets | 93 | 2937 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Sale of fixed assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Rendering of services | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Receiving of services | 29 | 127 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Leases | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances given | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances taken | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances given that are repaid | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances taken that are repaid | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits placed | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits taken | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfer of research & development | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Transfers under lease agreement | 1 | 65 | 25 | 19 | 10 | 249 | 70 | 7 | 7 | ||||||||||||||||||||||||||||||||||||||||||
| Equity investment | 240 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Impairment in equity investment | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Expense for bad or doubtful debts | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantees or collateral given | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantees or collateral taken | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest paid | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend income | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend paid | 3 | 0 | 0 | 24 | |||||||||||||||||||||||||||||||||||||||||||||||
| Management contracts including for deputation of employees | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Settlement of liabilities by entity on behalf of related party | 12 | 4 | 7 | 3 | |||||||||||||||||||||||||||||||||||||||||||||||
Remuneration | Short term employee benefits | 580 | 282 | 236 | 41 | ||||||||||||||||||||||||||||||||||||||||||||||
| Post employment benefits | 23 | 10 | 4 | 2 | |||||||||||||||||||||||||||||||||||||||||||||||
| Other long-term benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Termination benefits | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Share based payments | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Others | 105 | 80 | 97 | 158 | 39 | 371 | 50 | 761 | 2 | 2 | 2 | 4 | 4 | 4 | 2 | 370 | 10 | 10 | 10 | 10 | 10 | 5 | 8 | ||||||||||||||||||||||||||||
C. Outstanding balances | Receivables | Secured | |||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | 142 | 893 | 114 | 87 | 163 | 24 | |||||||||||||||||||||||||||||||||||||||||||||
Payables | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | 42 | 54 | 18 | 2 | 1 | 174 | |||||||||||||||||||||||||||||||||||||||||||||
Loans and advances given | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | 4 | 16 | 17 | 5 | 3 | ||||||||||||||||||||||||||||||||||||||||||||||
Loans and advances taken | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Deposits placed | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Deposits taken | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantees or collateral given | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantees or collateral taken | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Investment in equity | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Provision for doubtful debt | Secured | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Un Secured | |||||||||||||||||||||||||||||||||||||||||||||||||||
Note | Reimbursement/ (Recovery) of expenses (net). PAN and CIN are not available since the entity is incorporated outside India. - Rs. 12 Lakhs Royalty Receivable : Rs. 142 Lakhs | Reimbursement/ (Recovery) of expenses (net): Rs. 4 Lakhs Advances Recoverable in cash or kind and other balances : Rs. 4 Lakhs Capital advance net of capital creditors : Rs. 42 Lakhs Purchase of capex / spares : Rs. 93 Lakhs | Reimbursement/ (Recovery) of expenses (net). Rs. 7 Lakhs Purchase of capex / spares - Rs. 2937 Lakhs Rent paid on residential premises / guest house, etc - Re. 1 Lakh | Reimbursement/ (Recovery) of expenses (net). | Reimbursement/ (Recovery) of expenses (net). - Rs. 3 Lakhs Building Maintenance Recovery - Rs. 65 Lakhs Advances recoverable in cash or king andd other balances: Rs. 16 Lakhs | Royalty Income. PAN and CIN are not available since the entity is incorporated outside India. | Royalty Income. PAN and CIN are not available since the entity is incorporated outside India. | Royalty Income. PAN and CIN are not available since the entity is incorporated outside India. | Purchase of traded goods and others. | Purchase of traded goods and others. - Rs. 396 Lakhs Outstanding balance of Unsecured Payables - Rs. 54 Lakhs | Sales. - Rs. 1491 Lakhs Trade Receivables : Rs. 893 Lakhs PAN and CIN are not available since the entity is incorporated ouside India. | Sales - Rs. 168 Lakhs Investments (including share application money) made duing the year - Rs. 240 Lakhs Trade Receivables - Rs. 114 Lakhs | Rent paid on residential premises / guest house etc. | Rent paid on residential premises / guest house etc. | Rent paid on residential premises / guest house etc. | Building maintenance revovery | Building maintenance revoveryn- Rs. 70 Lakhs Advances recoverable in cash or kind and other balances : Rs. 17 Lakhs | Rent recovery on residential premises | Contribution to Post-Employment Benefit Plans | Receipt from post emplyment benefit plan | Receipt from post emplyment benefit plan | Consultancy Fees : Rs 29 Lakhs Trade Payables : Rs. 18 Lakhs | Remuneration paid to Managing Director - Rs. 603 Lakhs Dividend Paid during the period - Rs. 3 Lakhs | Remuneration paid to Whole-time Director | Remuneration paid to Chief Financial Officer Remuneration Paid : Rs. 240 Lakhs Rent Recovery on residential premises / guest house : Rs. 7 Lakhs Closing credit balance: Rs. 2 Lakhs Dividend paid during the period : Rs. 9000 rounded off in lakhs | Remuneration Paid : Rs. 43 Lakhs Dividend paid during the period: Rs. 270 rounded off to lakhs | Legal Fees : Rs. 127 Lakhs Trade Payable: Re. 1 Lakh CIN is not available since it is a partnership firm. | License Fees | Advances recoverable in cash or kind and other balances | Advances recoverable in cash or kind and other balances : Rs. 3 Lakhs Royalty Receivable : Rs. 87 Lakhs | Royalty Receivable | Trade Payables | Trade Receivables | Director Sitting fees during the period. - Rs 2 Lakhs Dividend paid during the period : Rs. 24 Lakhs | Director Sitting fees during the period. | Director Sitting fees during the period. Payments have been made to Khaitan & Co under PAN AAFFK0088D | Director Sitting fees during the period. | Director Sitting fees during the period. Mr. Paras K. Chowdhary has resigned w.e.f. September 3, 2021. Transactions reported are for the relevant period. | Director Sitting fees during the period. | Director Sitting fees during the period. | Commission paid during the period. | Commission paid during the period. | Commission paid during the period. Payments have been made to Khaitan & Co under PAN AAFFK0088D | Commission paid during the period. | Commission paid during the period. | Commission paid during the period. | Commission paid during the period. | Commission paid during the period. Punita Lal resigned w.e.f. January 20, 2021. Commission was paid to her for the relevat period. | |||