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Earnings Call

Ceat Earnings Call: Key Takeaways

Ceat reported record quarterly revenue of ₹4,157 cr, driven by strong volumes in replacement and OEM segments despite margin pressure from input costs and a one-time labor code provision.

Why this was an Alfa AlertNot a filter event. While revenue crossed a milestone, it was not explicitly stated as beating prior management guidance by over 5%.
Highlights
Revenue growth26% consolidated YoY growth; record ₹4,157 crore quarterly revenue.
MarginsGross margin contracted 109 bps QoQ due to higher input costs.
Demand visibilityStrong visibility in 2-wheelers, PCR, and export replacement markets.
Management confidenceBalanced; optimistic on volumes but cautious on near-term input costs.

Growth

Stand-alone revenue grew 20.1% YoY with volume growth of 20.9%, highlighting robust demand in 2-wheelers and passenger segments.

Outlook

Approved ₹1,314 cr capex for Chennai plant to add 35 lakh passenger car tires capacity by FY28.

Risks

Raw material headwinds and currency depreciation expected to hit 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