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Earnings Call

Ceat Earnings Call: Key Takeaways

Ceat delivered record quarterly revenue of ₹4,157 crore, driven by robust volume growth across segments. However, margins faced pressure from rising raw material costs and currency depreciation.

Highlights
Revenue growthStandalone revenue up 20.1% YoY; consolidated revenue up 26%.
MarginsEBITDA margin up 317 bps YoY but down sequentially.
Demand visibilityStrong outlook for replacement and OEM segments through FY27.
Management confidenceConfident, focusing on market leadership and premiumization strategy.

Growth

Standalone revenue grew 20.1% YoY with 20.9% volume growth, reflecting strong replacement and OEM demand.

Outlook

Announced ₹1,314 crore capex for Chennai plant to add 35 lakh passenger car tires.

Risks

Raw material headwinds and currency depreciation expected to impact margins by 100-150 bps in Q4.

Source

Earnings Call filed with BSE, NSE: CEATLTD. Summary written with AI assistance from the document.

Read the document ↗

Ceat Ltd: key numbers

Share price
₹3,352.20
Market cap
₹13,560 Cr
Revenue (annual)
₹15,678 Cr
Net profit (annual)
₹698.0 Cr
P/E (TTM)
23.0×Sector 33.6×
Promoter holding
47.29%+0.00% QoQ
FII holding
13.82%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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16:55 IST NSE
Board Meeting Date

Ceat Board Meeting Date

CEAT Limited has scheduled a board meeting on October 14, 2026, to approve the unaudited financial results for the quarter ending September 30, 2026.

15:49 IST NSE
Debt & Borrowing

Ceat Debt & Borrowing

CEAT Limited has announced record dates for the redemption of twelve series of Commercial Papers. These instruments are scheduled for maturity between October and December 2026.

14:39 IST NSE
Debt & Borrowing

Ceat Debt & Borrowing: ₹50 Cr

CEAT Limited confirmed the redemption of Commercial Papers worth Rs. 50 Crores. The payment was completed on the maturity date of September 25, 2026.

Value
₹50.00 Cr
16:14 IST NSE
Acquisition

Ceat Acquisition Worth ₹4.6 Cr

CEAT Limited approved an investment of Rs. 4.6 Crore in its wholly-owned subsidiary, Tyresnmore Online Private Limited, via a rights issue of equity shares.

Value
₹4.60 Cr
15:56 IST NSE
Acquisition

Ceat Acquisition Worth ₹232.8 Cr

CEAT converted USD 24.5 million inter-company loan into equity of its Sri Lanka WOS. The transaction received Sri Lanka's Board of Investment approval.

Value
₹232.8 Cr
15:51 IST NSE
Capital Structure Change

Ceat Capital Structure Change

CEAT executed a USD 24.5 million inter-company loan-to-equity conversion in its Sri Lankan WOS. The WOS issued 12.79 million shares, with CEAT retaining 100% ownership.

Value
₹232.8 Cr