14-Oct-2026 18:30:27
CEAT Q2 : REVENUE SURGES 26% YOY; MANAGEMENT EXPECTS DOUBLE-DIGIT H2 GROWTH & FURTHER PRICE HIKES 🟢
• Consolidated Revenue grew 26% YoY to ₹4,762 Cr, driven by strong demand across premium tyre segments. • Consolidated EBITDA Margin stood at 9.5%, while Net Profit reached ₹112 Cr. • Standalone Revenue grew 23% YoY to ₹4,548 Cr, with EBITDA Margin at 10.14%. • Management expects double-digit revenue growth in H2 FY27, supported by healthy demand and further price increases. • Elevated raw material costs due to the West Asia conflict continued to pressure profitability. • Management expects commodity cost pressures to persist into Q3 FY27. • Capex stood at nearly ₹490 Cr during Q2 for capacity expansion, contributing to higher debt. • Management plans calibrated price hikes, improved product mix and tighter cost controls to protect margins. • Capacity expansion is aimed at meeting strong demand in segments with high utilisation.
CEAT LIMITED