Tyre maker CEAT Ltd expects strong double-digit growth in FY27, riding on bullish domestic demand post GST cut and robust international business despite disruptions from the war in West Asia, according to its MD & CEO Arnab Banerjee. The company, which has announced a Rs 1,205 crore investment towards capacity expansion, also expects the availability of more capacity to help drive growth, Banerjee told PTI. "We expect a strong double-digit growth, overall in FY27," he said when asked about the outlook for FY27. On a consolidated basis, CEAT Ltd had posted a 22 per cent year-on-year revenue growth of Rs 4,318 crore in the first quarter of the ongoing fiscal. Banerjee further said, "We are very bullish on overall market expansion post GST cut. Rural markets are doing very well. Our Q1 top line growth was good." Stating that some more capacities are coming on stream, Banerjee said, "We expect robust growth to continue." CEAT had announced a capex of Rs 1,205 crore, primarily to ...
Ceat stock plunged to a low of ₹3,471 on the NSE after the company's consolidated net profit dropped by 96.4 per cent to ₹4 crore owing to forex losses.
Notably, around 70 per cent of tyre production costs come from crude-linked raw materials like synthetic rubber and carbon black, which makes the industry highly sensitive to oil prices.
The tyre maker expects tracks and developed markets such as North America and Europe to power growth as access to additional CAMSO categories expands
In Q4FY26, Ceat delivered high growth in all segments including international business, despite geopolitical tensions.
Tyre maker posts strong earnings on international growth and improved mix, but flags near-term margin pressure from rising raw material costs
Volume growth of tyre companies remained healthy, supported by robust momentum in both the OEM and replacement segments, along with continued premiumisation, said Ceat management.
Stocks to watch today on Tuesday, January 20, 2026: Sanghvi Movers, Ola Electric and Amber Enterprises are other key stocks to be tracked today.
Ceat's profit, however, slumped 16.2 per cent sequentially due to costs related to the implementation of new labour codes and an exceptional-item profit in Q2FY26
But global uncertainties triggered by US tariffs and geopolitical tensions may put the brakes on, say brokerages
Since December 11, the stock price of JK Tyre has appreciated by 10 per cent after the HDFC Mutual Fund acquired 257,305 equity shares or 0.09 per cent stake in the company via open market purchase.
Tyre maker Ceat is developing tyres for various global markets as it aims to expand its exports to regions like Europe and US with plans to establish itself as a global brand, according to RPG Group Vice Chairman Anant Goenka. The RPG Group firm garners around 20 per cent of its revenues from exports and expects the contribution to grow over the next few years. "We are focusing a lot on international growth -- in the US, growth in the EU. Our goal is to become a global brand. We often say that industry in India can do more to develop and invest more in brands, invest in global growth and so on. So that's one area of focus for us," Goenka told PTI during an interaction. He noted that the company is focussing on developing tyres on specific requirements of a region. "What is the customer need in Italy, what is the customer need in Spain, we are developing an entire range of tyres for that specific market. It could be for the wine growing region, it could be for certain weather ...
JK Tyre & Industries, TVS Srichakra, Apollo Tyres and Balkrishna Industries were up in the range of 3 per cent to 8 per cent on the BSE in Monday's intra-day trade.
Tyre maker CEAT Ltd expects GST rate reduction to have structural positive impact in the coming quarters by aiding demand for two-wheelers, small cars and tractors, particularly in rural markets, according to its MD & CEO Arnab Banerjee. After posting a strong second quarter, in the third quarter, which is usually a subdued season for the tyre industry, topline may be equal to or slightly lower, Banerjee told PTI. "GST 2.0 came in at the fag end of the (second) quarter, so that will play out in subsequent quarters. We are positive on that development, that should aid demand for two-wheeler farms and small cars and their types primarily in smaller towns and rural, and in urban to a lesser extent," Banerjee said. He was responding to a query on how GST 2.0 impacted demand and overall growth in tyre offtake. Being "a structural change", GST rate reduction "will structurally impact demand as we go (along)" and there won't be a sudden spurt in demand. When asked about the third ...
RPG Group-owned Ceat reports strong double-digit growth in Q2FY26 as Camso integration, festive demand, and robust OEM volumes drive profits and revenue
Revenue from operations increased 14.2 per cent. Total expenses rose 12.2 per cent, with the cost of materials consumed climbing 9.6 per cent
Among other tyre makers, Balkrishna Industries, Apollo Tyres and Ceat were up 2 per cent to 3 per cent on the BSE in intra-day trade.
We expect sales of commuter motorcycles to go up in semi-urban and rural households, and farm sales also could go up, Arnab Banerjee said
CEAT has acquired the Camso brand from Michelin for $225 million, strengthening its OHT portfolio, boosting capacity and expanding global presence in key markets
Analysts see the deal as transformative for CEAT's positioning in the high-margin off-highway tyre (OHT) space, upgrading the stock to a 'Buy'.