CEAT Limited

CEAT announced that the Annual General Meeting(AGM) of the company will be held on 17 August 2026.

The key equity barometers continued to trade with robust gain in afternoon trade, as investors looked past the escalating US-Iran conflict and turned their focus to the ongoing Q1 FY27 earnings season. Sustained buying in heavyweight stocks across key sectors lifted the domestic market, with the Nifty trading above the 24,250 level. Market participants also awaited Reliance Industries' June-quarter earnings, scheduled to be announced later today. Investors will continue to monitor developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season, corporate business updates, and the progress of the southwest monsoon for further cues on market direction. IT, private bank and auto shares advanced while pharma, media and metal shares declined. At 13:25 IST, the S&P BSE Sensex advanced 762.69 points or 0.99% to 77,949.56. The Nifty 50 index added 190.45 points or 0.79% to 24,263.20. In the broader market, the BSE 150 MidCap Index fell 0.55% and the BSE 250 SmallCap Index fell 1.16%. The market breadth was strong. On the BSE, 1,489 shares rose and 2,556 shares fell. A total of 191 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 2.58% to 13.22. In the commodities market, Brent crude for September 2026 settlement added 22 cents or 0.26% to $84.45 a barrel. Gainers & Losers: Jio Financial Services (up 3.69%), Tech Mahidnra (up 3.31%), Tata Consultnacy Services (TCS) (up 3.09%), HCL Technologies (up 2.62%) and Kotak Mahindra Bank (up 2.40%) were the major Nifty50 gainers. Dr Reddys Laboratories (down 1.58%), Wipro (down 1.42%), Cipla (down 1.31%), Hindalco Inustries (down 1.26%) and Apollo Hopsitals Enterprise (down 0.89%) were the major Nifty50 losers. Jio Financial Services added 3.69% after the company's consolidated net profit jumped to Rs 830 crore in Q1 FY27 from Rs 325 crore in Q1 FY26, thereby registering a growth of 156% on year-on-year (YoY) basis. Tech Mahindra jumped 3.31% after the company reported a steady performance for the quarter ended 30 June 2026, supported by strong deal momentum and margin expansion. On a consolidated basis, profit after tax (PAT) rose 28.45% year on year (YoY) to Rs 1,465.1 crore in Q1 FY27 from Rs 1,140.6 crore in Q1 FY26. On a sequential basis, PAT increased 8.22% from Rs 1,353.8 crore in Q4 FY26. Wipro fell 1.42% after the company reported a 4.69% decline in consolidated net profit to Rs 3,356.3 crore for the quarter ended 30 June 2026 (Q1 FY27), compared with Rs 3,521.6 crore posted in Q4 FY26. Revenue from operations rose 1% QoQ to Rs 24,478.6 crore in the quarter ended 30 June 2026. Stocks in Spotlight: CEAT tumbled 6.95% after the company reported a 96.43% year-on-year decline in consolidated net profit to Rs 4 crore in Q1 FY27, compared with Rs 112 crore in Q1 FY26. Revenue from operations rose 22.36% year on year to Rs 4,318 crore in the first quarter of FY27 from Rs 3,529 crore a year earlier. WeWork India Management fell 5.24% after the company reported a consolidated net loss for the June 2026 quarter. The company's net loss narrowed to Rs 4.31 crore in Q1 FY27 from a loss of Rs 14.10 crore in Q1 FY26. However, on a sequential basis, it slipped into a loss from a profit of Rs 65.55 crore reported in Q4 FY26. Revenue from operations increased 27.74% YoY but declined 1.76% QoQ to Rs 683.83 crore in the June 2026 quarter. Indobell Insulations surged 10.40% after the company announced that it had secured four domestic orders worth a combined Rs 14.75 crore from Sundaram Brake Linings for the supply of nodulated wool and ceramic fibre nodules. Polycab India declined 3.76%. The company reported 33% rise in consolidated net profit to Rs 7,96.7 crore on a 39% increase in revenue to Rs 8,209.7 crore in Q1 FY27 as compared with Q1 FY26. Time Technoplast rose 1.38% after the company secured an order worth approximately Rs 38.14 crore from Hindustan Petroleum Corporation (HPCL) for the supply of 1.40 lakh 10-kg Type IV Composite LPG Cylinders. The order was awarded through the Government e-Marketplace (GeM) and is scheduled to be executed within six months, the company said. Global Market: European market mostly declined as the escalating US-Iran conflict weighed on investor sentiment, with weakness across Asian markets further reinforcing the risk-off environment. Asian markets traded lower on Friday as the drag from chipmakers weighed on global equity indexes, while oil prices were set for their sharpest weekly rise in three months as tensions in the Middle East erupted anew. Investors this week reportedly rotated out of semiconductor plays into other sectors such as banking after robust earnings from major lenders, leaving Asia vulnerable to the selloff given its heavier exposure to chips. Markets in South Korea were closed for a holiday, after the government on Thursday announced it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied ⁠to certain major technology firms, while raising minimum required deposits for retail investors to invest in such products, in an effort to curb volatility. The U.S. began conducting a new wave of strikes against Iran on Thursday to further degrade Iranian military capabilities, the U.S. Central Command said in a statement. Overnight on Wall Street, chip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat U.S. economic data and a strong start to second-quarter earnings season. The Dow Jones Industrial Average (DJI) fell 105.32 points, or 0.20%, to 52,553.32, the S&P 500 (SPX) lost 38.63 points, or 0.51%, to 7,533.77 and the Nasdaq Composite (IXIC) lost 387.28 points, or 1.47%, to 25,881.95. On the data front, a spate of U.S. economic indicators released on Thursday showed solid core retail sales, a drop in jobless claims ⁠and surging manufacturing activity in the Northeast. Less positive data came from the housing sector, with a bigger than expected drop in pending home sales and souring homebuilder sentiment reflecting high borrowing costs and strained affordability for would-be homebuyers.Powered by Capital Market - Live

However, revenue from operations rose 22.36% to Rs 4,318 crore in Q1 FY27 over Q1 FY26. The company reported profit before exceptional items and tax of Rs 39 crore in Q1 FY27, compared to Rs 159 crore recorded in the same period a year ago. The company reported an exceptional expense of Rs 7 crore during the quarter. EBITDA for Q1 FY27 fell 4.3% to Rs 370 crore, compared to Rs 386 crore in Q1 FY26. The EBITDA margin decreased to 8.6% during the quarter as against 10.9% in the same quarter the previous year. CEAT's board approved a capital expenditure plan for the expansion of tyre manufacturing capacity. The company currently has an installed capacity of about 80,000 tyres per day, excluding the capacity under implementation, with capacity utilisation at around 95%. The proposed expansion will add about 53,000 tyres per day in phases by the end of FY2031. The company has estimated an investment of about Rs 1,205 crore for the capacity addition, to be funded through a mix of internal accruals and debt. Arnab Banerjee, MD & CEO, CEAT, said, 'Q1 was a challenging quarter for the industry. The continuing West Asia crisis led to significant raw material cost inflation, which weighed on our gross and operating margins. We responded with calibrated price increases to partly offset the impact, while staying focused on demand and market share. Despite these pressures, CEAT delivered strong double-digit revenue growth of 22% year-on-year, supported by healthy demand across segments and high-capacity utilization. As we enter Q2, we will continue to take a disciplined approach to pricing while staying focused on profitable growth.' Kumar Subbiah, CFO of CEAT Limited, said, 'Commodity cost inflation due to the West Asia War had a significant impact on our raw material costs, leading to a drop in our Q1 margins. We have taken cumulative price increases of 5%. We expect raw material costs to likely remain at an inflated level in Q2 and hence, we will continue to balance our pricing actions and cost prudence to progressively mitigate the impact on our margins. Our performance across other key parameters, however, remained satisfactory. We stayed invested in our capex to the tune of Rs 300 crore largely to enhance our capacities to meet our business plan while maintaining tight control over discretionary expenses and routine capex to conserve cash and ensure profitability.' CEAT, the flagship company of RPG Enterprises, was established in 1958. Today, CEAT is one of India's leading tyre manufacturers and has a strong presence in global markets. CEAT produces more than 48 million high-performance tyres, catering to various segments like 2-3 wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles.Powered by Capital Market - Live

Net profit of CEAT declined 96.43% to Rs 4.00 crore in the quarter ended June 2026 as against Rs 112.00 crore during the previous quarter ended June 2025. Sales rose 22.36% to Rs 4318.00 crore in the quarter ended June 2026 as against Rs 3529.00 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales4318.003529.00 22 OPM %8.4510.97 - PBDT225.00310.00 -27 PBT39.00159.00 -75 NP4.00112.00 -96 Powered by Capital Market - Live

The board of CEAT at its meeting held on 16 July 2026 has approved capacity expansion with an investment of Rs 1,205 crore. The company has planned to add capacity of 53,000 tyres to the existing capacity of 80,000 tyres at its Nagpur manufacturing plan which is nearing full utilisation.

Tyresnmore is, inter alia, engaged in the business of selling automotive tyres, accessories and/or providing services of installing, fitting, wheel balancing and wheel alignment for automotive tyres. The subsidiary reported a turnover of Rs 43.29 crore in FY26. The company will subscribe to 22,447 fully paid-up equity shares of Tyresnmore Online with a face value of Re 1 each. Following the investment, CEAT's shareholding in the subsidiary will continue to remain at 100%. CEAT, the flagship company of RPG Enterprises, was established in 1958. It is one of India's tyre manufacturers and has a strong presence in global markets. The company produces more than 41 million high-performance tyres, catering to various segments like 2-3 wheelers, passenger and utility vehicles, commercial vehicles and off-highway vehicles. The company's consolidated surged over two-fold to Rs 243.85 crore in Q4 FY26 compared with Rs 99.49 crore in Q4 FY25. Net sales jumped 23.3% YoY to Rs 4,218.89 crore in Q4 FY26. The counter declined 1.52% to settle at Rs 3,855 on Wednesday, 8 July 2026.Powered by Capital Market - Live

CEAT will hold a meeting of the Board of Directors of the Company on 16 July 2026.

Net sales jumped 23.3% YoY to Rs 4,218.89 crore in Q4 FY26. The company said healthy YoY volume growth was witnessed across segments, while its international business continued to perform well and emerged as the fastest-growing segment on a YoY basis. Profit befor execeptional item soared 110.85% to Rs 349.76 crore during the quarter, compared with Rs 165.88 crore in Q4 FY25. During the quarter, EBITDA jumped 52% YoY to Rs 598.2 crore in Q4 FY26. EBITDA margin stood at 14.18% in Q4 FY26. On a yearly basis, the company's consolidated net profit climbed 47.69% to Rs 698.02 crore on 18.61% jump in revenue from operations to Rs 15,678 crore in FY26 over FY25. Arnab Banerjee, MD & CEO, CEAT, said, 'FY26 has been a strong year where we delivered robust growth in top line as well as in bottom line. We crossed an important milestone of Rs 15000 crores of revenue, accompanied by market share gains in replacement and OEMS. We successfully closed the CAMSO deal during the year. In Q4, we delivered high growth in all segments including international business, despite geopolitical tensions. Looking ahead, while there is a momentum on top line, we have short-term challenges on supply chain and costs due to steep increase raw material cost that we intent to mitigate through pricing and strong cost management. We intend to continue expanding our capacities in line with our growth plans.' Kumar Subbiah, CFO of CEAT, said, 'In Q4, we improved operating margins by over 51 bps, driven by a sharper focus on operating efficiencies, scale and disciplined cost management. For the year, we delivered our highest-ever profit of Rs 697 crore.' Meanwhile, the company's board recommended a dividend of Rs 35 per equity share of face value of Rs 10 each fully paid up for FY26. CEAT, the flagship company of RPG Enterprises, was established in 1958. It is one of India's tyre manufacturers and has a strong presence in global markets. The company produces more than 41 million high-performance tyres, catering to various segments like 2-3 wheelers, passenger and utility vehicles, commercial vehicles and off-highway vehicles.

CEAT announced that the Board of Directors of the Company at its meeting held on 28 April 2026, inter alia, have recommended the final dividend of Rs 35 per equity Share (i.e. 350%) , subject to the approval of the shareholders.

Net profit of CEAT rose 145.10% to Rs 243.85 crore in the quarter ended March 2026 as against Rs 99.49 crore during the previous quarter ended March 2025. Sales rose 23.34% to Rs 4218.89 crore in the quarter ended March 2026 as against Rs 3420.62 crore during the previous quarter ended March 2025. For the full year,net profit rose 47.69% to Rs 698.02 crore in the year ended March 2026 as against Rs 472.64 crore during the previous year ended March 2025. Sales rose 18.61% to Rs 15678.00 crore in the year ended March 2026 as against Rs 13217.87 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4218.893420.62 23 15678.0013217.87 19 OPM %14.0511.35 -13.0611.15 - PBDT533.82318.20 68 1728.961213.90 42 PBT349.76165.88 111 1031.54651.21 58 NP243.8599.49 145 698.02472.64 48 Powered by Capital Market - Live