India’s Leading Tyre Manufacturer Reports 145% Surge in Q4 PAT and FY26 Revenue Crosses Rs 15,000 Crore; Share Price Jumps Nearly 7%

Indian equity markets traded on a strong note on Wednesday, with the Nifty 50 index rising by 274.95 points or 1.15 per cent to 24,270.65 during the session. Amid broad-based buying in the auto ancillary segment, stock-specific momentum was visible in tyre counters. In this segment, CEAT's share price surged 6.81 per cent to Rs 3,756.10 after the company announced its audited Q4FY26 and full year FY26 financial results, reporting a sharp jump in quarterly profitability, record annual revenue crossing Rs 15,000 crore and recommendation of final Dividend.

CEAT Q4FY26 Results

CEAT reported revenue from operations of Rs 4,219 crore in Q4FY26 as against Rs 3,421 crore in Q4FY25, registering a growth of 23 per cent YoY.

EBITDA stood at Rs 598 crore during the quarter, with EBITDA margin at 14.18 per cent.

Profit after Tax surged 145.1 per cent YoY to Rs 243.85 crore compared to Rs 99.49 crore reported in the corresponding quarter last year.

CEAT FY26 Annual Performance

For the financial year ended March 31, 2026, revenue from operations stood at Rs 15,678 crore as against the previous financial year, registering a growth of 18.6 per cent YoY.

EBITDA margin for FY26 stood at 13.16 per cent.

Profit after tax for FY26 came in at Rs 697 crore, marking the company’s highest-ever annual profit. The company also crossed the Rs 15,000 crore annual revenue milestone during the year.

Board Recommends Final Dividend

The Board of Directors has recommended a final dividend of Rs 35 per equity share of face value Rs 10 each for the financial year ended March 31, 2026, subject to shareholders’ approval at the ensuing Annual General Meeting.

CEAT Management Commentary

Arnab Banerjee, MD & CEO of CEAT Ltd, 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.”

He further added, “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 intend to mitigate through pricing and strong cost management.”

Kumar Subbiah, CFO of CEAT Ltd, 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.”

Capacity Expansion and Capex Plans

CEAT has laid out expansion plans exceeding Rs 4,500 crore for increasing production capacity at its Chennai plant from 24,000 tyres per day to 40,000 tyres per day by September 2027.

The company is also expanding two-wheeler tyre capacity at Nagpur from 80,000 to 1 lakh tyres per day and truck & bus radial tyre capacity in phases up to Q1FY28. Total capex planned for FY27 stands at over Rs 1,070 crore.

About CEAT 

CEAT Ltd is one of India’s leading tyre manufacturers with a strong presence across passenger vehicle, two-wheeler, commercial vehicle, off-highway and specialty tyre categories. The company supplies to replacement markets, OEMs and exports to multiple global geographies, while continuing to expand capacity across premium and EV tyre segments.

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Disclaimer: This article is for informational purposes only and not investment advice.