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CEAT share price & results

CEAT· Automobile and Auto Components· Consumer Discretionary

Results to
Sept 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Mumbai tyre maker with 6 India plants making 2W/3W, PCUV, CV & off-highway tyres, sold in 110+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue4,762 ₹ crore+26.2% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin10.0 %−3.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit112 ₹ crore−39.8% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity11.51 %+4.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin4.08 %+2.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)24.48 %+7.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

2 of 15 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

CEAT management guidance track record on Inve: 25 targets tracked across analysed earnings calls (2 achieved, 13 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Raw Material Cost IncreaseRaw material cost increase in quarter 1 could be to the tune of 15%
Call transcript, Q4 FY26 · 29 Apr 2026		Q4 FY26Q1 FY27:Management confirmed that raw material cost increased by 15-16% in Q1, validating the guidance.
Call transcript, Q1 FY27 · 17 Jul 2026		Achieved
FY25 CapexFull year CAPEX to be around INR 1,050 crores
Call transcript, Q3 FY25 · 16 Jan 2025		Q3 FY25Q1 FY27:Not addressed, promise pertains to prior fiscal year.
Call transcript, Q1 FY27 · 17 Jul 2026		Ghosted
Gross MarginComfortable with a gross margin of 40% plus
Call transcript, Q4 FY25 · 30 Apr 2025		Q4 FY25Q1 FY27:Gross margin contracted sharply to 33.9% due to RMC inflation, significantly below the 40%+ target.
Call transcript, Q1 FY27 · 17 Jul 2026		At Risk

Source: Inve Guidance Tracker for CEAT · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

13 of CEAT's 25 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 22 more targets are in the full ledger.

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Price

₹3,146.2 +0.85% · +₹26.4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −24.0% 1Y

₹3.0k₹3.2k₹3.4k₹3.6k₹3.8k₹4.0k₹4.2kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 24 Oct 2025Q3 FY26 — 20 Jan 2026Q4 FY26 — 29 Apr 2026Q1 FY27 — 17 Jul 2026

1Y: ₹4,140.9 on 24 Oct 2025 → ₹3,146.2. High ₹4,140.9 (24 Oct 2025), low ₹3,060.2 (23 Oct 2026).

Previous close
₹3,119.8
Market cap
₹12.6k Cr
52-week range
₹3,060.2 – ₹4,114.8
One year
−22.37%
Price to earnings (TTM to Sept 2026)
22.10×
Return on equity (TTM to Sept 2026)
11.51%

Overview

Symbol
NSE:CEATLTD
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What CEAT does

Based on the company's own presentations, annual report and earnings calls.

CEAT is an RPG Group flagship tyre manufacturer that designs and makes tyres for passenger and utility vehicles, two- and three-wheelers, commercial vehicles (trucks/buses) and off-highway vehicles, sold in the domestic market and exported to over 110 countries. It earns primarily by selling tyres through a large dealer/sub-dealer/outlet network in the domestic replacement and OEM markets, alongside a growing international business. In December 2024 it acquired Michelin's CAMSO off-highway construction tyres and tracks business to expand into global specialty and off-highway (OHT) markets. The company runs its own R&D centre (Halol, Gujarat) that files patents and develops new tyre technologies for its product range.

Segments

  • Passenger and Utility Vehicles (PCUV)
  • Two and Three-Wheelers
  • Commercial Vehicles (CV)
  • Off-Highway Vehicles (OHV)
Manufacturing plants
6 plants in India (Bhandup, Nashik, Halol, Nagpur, Chennai, Ambernath)
Sub-dealers
61,000+
Outlets
1,115+ across India
Dealers
5,700+
Countries served
110+
Patents filed (cumulative, till FY25)
191
Headquarters Mumbai, India

How the price took the results

close before → close after

Q1 FY27
−7.3%
17 Jul
Q4 FY26
+3.1%
29 Apr
Q3 FY26
−4.4%
20 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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