Page 2 - Ceat Tyres

Tyre makers expect H2 FY26 rebound on festive demand, rural recovery

Apollo, Ceat and JK Tyre expect demand to pick up in H2 FY26 on festive buying, rural recovery and steady replacement demand, though uneven rainfall weighs on tractor sales

Expect double-digit growth in FY26, rural demand to drive sales: Ceat CEO

Tyre maker CEAT Ltd expects to maintain a double-digit growth this fiscal with domestic replacement segment, specially from rural markets, to drive sales while direct supplies to automobile makers are likely to be muted, according to company MD & CEO Arnab Banerjee. The company is also waiting and watching the tariff situation in the US, a big growth market but not a significant one right now for it, to decide its future course of expansion in the country, he told PTI. "We have started with a double-digit growth in Q1, which we have maintained last year also. We expect to maintain or accelerate that over the next two to three quarters," he said when asked for the outlook of the remainder of the fiscal. In the first quarter ended June 30, 2025 the company's revenue stood at Rs 3,529.4 crore, up 10.5 per cent year-on-year. As for the growth drivers, Banerjee said the two-wheeler replacement segment in the rural market is expected to do well across segments. "On the replacement side,

CEAT falls over 2% on mixed Q1 nos; profit tanks 28%, revenue up 11% YoY

At 10:04 AM, CEAT share was trading 1.46 per cent lower at ₹3,799 per share. In comparison, BSE Sensex was trading 0.39 per cent lower at 81,939.81 levels.

Ceat Q1 FY26 results: Profit falls 27% to ₹112 crore, revenue up 10.5%

The company's revenue for the quarter rose to ₹3,529.41 crore, up 10.5 per cent y-o-y from ₹3,192.82 crore and 3.2 per cent sequentially from ₹3,420.62 crore

Ceat Q1FY26: Profit declines 27% on higher costs, revenue rises 10.5%

Ceat Q1 net profit declines 27 per cent due to IPL-linked marketing spends and higher input costs even as revenue rises 10.5 per cent on strong OEM and replacement demand

Tyre stocks in focus: Apollo, Balkrishna, Ceat rally up to 5%; here's why

Tyre stocks outlook: After a weak performance in FY25 - largely due to a sharp rise in input costs; analysts expect margins to gradually revive, aided by softening costs and focus on premiumization.

RPG group stock zooms 56% from April low; hits all-time high today

Ceat hit a record high of ₹3,624.05, rallied 5.5% on the BSE in Tuesday's intra-day trade on expectation of margin improvement in the upcoming quarters, due to lower crude prices recently.

What's driven Ceat to hit 4-month high; surge 6% in subdued market? Details

Ceat's gross Margins for the March 2025 quarter improved by 65 bps to 37.5 per cent largely driven by favourable revenue mix and as a result of strong cost controls across the value chain.

CEAT Q4 results: Net profit falls 8.36% to ₹99.49 cr, revenue up 14.3%

The net profit for the company was impacted due to lower operating margins and an increase in raw material cost

Ceat Q4 results: Net profit falls 3% to Rs 99 cr; revenue at Rs 3,421 cr

Tyre maker Ceat on Tuesday said its consolidated net profit declined by 3 per cent to Rs 99 crore for the fourth quarter ended March 31, 2025. The company had reported a net profit of Rs 102 crore in the January-March quarter of 2023-24. Its revenue from operations rose to Rs 3,421 crore in the fourth quarter compared to Rs 2,992 crore in the year-ago period, Ceat Ltd said in a regulatory filing. For the year ended March 2025, the company said its net profit declined 26 per cent to Rs 471 crore against Rs 635 crore. The revenue from operations rose to Rs 13,218 crore from Rs 11,943 crore in FY24. "Our operating margins improved in Q4 by over 120bps, largely driven by favourable revenue mix and result of strong cost controls across the value chain," Ceat CFO Kumar Subbiah said. The company incurred capex of Rs 946 crore during the year largely for capacity additions that would prepare it well to deliver growth plans in FY26, he added. "During the quarter, we incurred Rs 37 crore

Premium tyres market to treble in 3-5 years: CEAT MD & CEO Arnab Banerjee

Currently, commercial vehicle tyres and passenger vehicle tyres are split 50:50 in Ceat's sales. PCR sales account for around 20 per cent of passenger vehicle tyres

CEAT Specialty expands globally, targets 70-30 export-domestic split

Company's expansion move is linked to its decision to acquire Camso, a global leader in OHT solutions

Ceat Chennai unit enters elite league of WEF's Lighthouse Network

At the Chennai unit, the deployment of advanced analytics and real-time monitoring systems has resulted in a reduction of cycle times by 18% and operational costs by 31%

CEAT share plunges 7% as Q3 profit tanks 46%; margin squeezes 380 bps

CEAT's consolidated net profit (Bottomline) plunged 46.5 per cent year-on-year (Y-o-Y) to Rs 97.1 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 181.5 crore in Q3FY24

Ceat Q3FY25 results: Net profit skids 46.4% to Rs 97.1 cr, revenue up 11.3%

Ceat's consolidated PAT for Q3FY25 stood at Rs 97.1 crore, while revenue from operations came in at Rs 3,299.9 crore

CEAT races 16%, hits record on buying Camso brand from Michelin for $225 mn

The northward move in CEAT share price came after it announced that it has acquired Camso brand's Off-Highway construction equipment bias tyre and tracks business from Michelin for $225 million

We will grow Camso brand in other OHT segments, says CEAT MD & CEO

RPG Group company CEAT has entered into an agreement with Michelin to acquire the Camso brand's off-highway construction equipment bias tyres and tracks business

CEAT inks pact with Michelin to buy off-highway tyres segment for $225 mn

Tyre maker and RPG Group company CEAT on Friday said it has entered into a definitive agreement with Michelin to acquire its Camso brand's off-highway tyres (OHT) and tracks business for about USD 225 million (about Rs 1,905 crore). The acquisition is significant for CEAT in its ambition to become a leading global player in the high-margin OHT segment, as it will give the company access to a global customer base, including over 40 international OEMs and premium international OHT distributors, the company said in a statement. The transaction, subject to regulatory approvals from relevant authorities, will include the business with revenues of around USD 213 million for CY 2023 and global ownership of the Camso brand, along with two manufacturing facilities, it said. "CEAT and Michelin announce that they have entered into a definitive agreement for CEAT to acquire Camso brand's off-highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at

Tyre firms raise prices for third straight quarter to combat rising costs

Both CEAT and JK Tyre maintain that strong demand in the replacement tyre market is helping to cushion the impact of price hikes

Expect pressure to ease from high natural rubber price in H2: CEAT MD & CEO

Homegrown tyre major CEAT Ltd expects easing of pressure from high raw material costs in the second half of the ongoing fiscal after being impacted by 15-year high domestic natural rubber prices, according to its Managing Director and CEO Arnab Banerjee. The company expects its aftermarket business to continue to grow in double digits and better performance of its international business, which was also affected by non-availability of containers and high freight cost in the second quarter. The domestic natural rubber prices went up to a 15-year high at about Rs 250 per kg in the first half of the fiscal, Banerjee told PTI. "We hope to see an improvement in Q4. I think the pressure is going to ease off in the second half of the year," he said when asked how long the impact of high natural rubber prices is expected to last. He further said, "Rubber prices have already come down to about Rs 200 per kg. While the increase Q2 over Q1 was six per cent, for Q3 over Q2 it is expected to be 1