CEAT Limited announced its financial results for the quarter ended March 31, 2026. The company achieved a revenue of Rs. 4,218.9 crore, marking a 1.5% increase sequentially and a 23.3% growth year-on-year. EBITDA margins reached 14.2%, reflecting strong operational efficiency. The company continues to maintain a robust market position, supported by significant investments in sustainable materials and successful operational milestones across its manufacturing plants globally.
Financial Highlights
CEAT delivered a strong performance in Q4 FY26. The consolidated revenue from operations stood at Rs. 4,218.9 crore, driven by healthy volume growth across various segments. Notably, the international business segment emerged as the fastest-growing area on a year-on-year basis. The company reported an EBITDA of Rs. 598.2 crore, resulting in a margin of 14.2%, a 267 bps expansion compared to the same quarter last year.
Debt and Capital Expenditure
As of March 31, 2026, the company’s total debt reached Rs. 3,011 crore, with a debt-to-equity ratio of 0.60x and a debt-to-EBITDA ratio of 1.46x. During the quarter, the company maintained a disciplined approach to capital allocation, with a capex outflow of approximately Rs. 407 crore to support long-term growth initiatives.
Operational and Sustainability Milestones
CEAT achieved several significant operational successes during the quarter, including receiving the Procurement Team of the Year Award at the 17th Procurement Excellence Summit & Awards 2026. Additionally, the company was recognized by Hyundai as the Supplier of the Year 2025, making it the only tyre manufacturer globally to receive this honor. In terms of sustainability, the company has achieved an S&P Global ESG score of 69/100, placing it in the top 4% of the ATX Auto Components industry, with ~32% usage of sustainable materials in its manufacturing processes.
Source: BSE
