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Earnings Call

Ceat Earnings Call: Key Takeaways

CEAT reports strong FY26 performance with ₹15,678 Cr revenue and 13.2% EBITDA margin. Strategy shifts toward premiumization, international expansion (33% saliency goal), and integrating the CAMSO acquisition by 2028.

Why this was an Alfa AlertNot a filter event. Performance is strong but no explicit beat of prior management guidance >10% was stated.
Highlights
Revenue growth15.6% 5-year CAGR; Standalone growth 1.6x since FY22.
Margins13.2% FY26 EBITDA; focus on narrowing 1.6% gap to peers.
Demand visibilityStrong momentum in Premium PCUV and EV segments.
Management confidenceHigh; aiming for industry-leading profitability and 'Vision 2031' targets.

Growth

FY26 revenue of ₹15,678 Cr; 5-year revenue CAGR at 15.6%. Market cap CAGR at 24% (FY21-26).

Outlook

Vision 2031 targets #1 in India aftermarket 2W/4W; $1Bn CAMSO revenue potential; 350% dividend declared for FY26.

Risks

EBITDA gap to peers remains a focus area; reliance on international market expansion and brand migration success.

Source

Earnings Call filed with NSE, 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