Ceat financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹4,762cr+26.2% on Q2 FY26
Net profit
₹112cr−39.7% on Q2 FY26
EBITDA margin
9.6%−3.7 pts on Q2 FY26
EPS
₹27.79−39.6% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue4,7623,773+26.2%
EBITDA457503−9.2%
EBITDA margin9.6%13.3%−3.7 pts
Profit before tax169246−31.4%
Net profit112186−39.7%
EPS₹27.79₹45.98−39.6%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹4,762 crNet profit₹112 crNet margin2.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
12,664————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
32.039.547.955.260.6
8.08.07.79.717.4
3,0113,0111,9281,6292,093
15,651————
17,45615,67813,21811,94311,315
—+18.6%+10.7%+5.6%—
1,9782,0471,4741,652974
11.3%13.1%11.2%13.8%8.6%
1,2271,3509111,143505
515697471635182
3.0%4.5%3.6%5.3%1.6%
₹127.63₹172.78₹116.68₹159.07₹46.08
—+48.1%−26.7%+245.2%—
—1,7861,0921,7191,205
—−2,267−943−867−879
−481−481149852326
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

CEATLTD₹3,134.70

Ceat Ltd.

· Auto & Mobility
₹ CrorePeersMRFAPOLLOTYREJKTYRECIEINDIACRAFTSMANBELRISEASAHIINDIAGABRIELMcap ₹12,664 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————12,664.0
- Cash, Equiv & ST Investments60.655.247.939.532.0
+ Minority Interest17.49.77.78.08.0
+ Total Debt2,092.71,628.91,928.43,010.83,010.8
Enterprise Value————15,650.8
Revenue11,314.911,943.513,217.915,678.017,455.9
Growth %, YoY—+5.6+10.7+18.6—
EBITDA973.81,652.21,474.12,047.21,978.1
Margin %8.6113.8311.1513.0611.33
EBIT504.51,143.4911.51,349.81,226.9
Net Income182.4635.3471.4697.2515.2
Margin %1.615.323.574.452.95
EPS, Adj (current shares)46.08159.07116.68172.78127.63
Growth %, YoY—+245.2-26.7+48.1—
Cash from Operations1,205.51,719.31,092.01,785.6—
Capital Expenditures-879.1-867.3-943.4-2,267.0—
Free Cash Flow326.4852.0148.6-481.5-481.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ceat financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Ceat (NSE: CEATLTD) had a market capitalisation of ₹12,580 crore at the 29 October 2026 close (₹3,144.90 a share), a PE ratio of 24.4 on the last four quarters' profit and a price-to-book ratio of 2.54. In FY26 its consolidated net profit was ₹698 crore on revenue of ₹15,678 crore; in Q2 FY27 (July–September 2026) it was ₹112 crore, down 39.8% year on year. Its debt-to-equity ratio was 0.77 on 30 September 2026. Promoters held 47.29% of the shares on 30 September 2026.

Ceat Q2 FY27 results
filed 14 October 2026
Share price used
₹3,144.90 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Ceat at a glance · consolidated

Market cap
₹12,580 Crat ₹3,144.90 · 29 Oct close
PE ratio (last 4 quarters)
24.418.0 on FY26 profit
Price to book (PB)
2.54book value ₹1,240.25 a share
ROE (FY26)
14.8%+3.6 pts vs FY25ROCE 19.9%
Debt to equity
0.77net debt ₹3,806 Cr
Promoter holding
47.29%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.11%₹35 a share in 12 months
Net worth
₹4,961 Cr+8.5% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹481 Cr

Questions

What is the Ceat PE ratio today?

Ceat's PE ratio is 24.4 at the 29 October 2026 close (₹3,144.90 a share): a market capitalisation of ₹12,580 crore divided by consolidated net profit of ₹516 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹698 crore) it is 18.0.

What is the Ceat net worth?

Ceat's net worth — shareholders' equity in its consolidated balance sheet — was ₹4,961 crore on 30 September 2026, up 8.5% from ₹4,572 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹12,580 crore at the 29 October 2026 close.

What is the Ceat book value per share?

Ceat's book value per share was ₹1,240.25 on 30 September 2026: shareholders' equity of ₹4,961 crore divided by the 4 crore shares in issue, up 9.7% from ₹1,130.33 a year earlier. The share price at the 29 October 2026 close was ₹3,144.90.

What is the Ceat PB ratio (price to book value)?

Ceat's price-to-book (PB) ratio is 2.54 at the 29 October 2026 close: a market capitalisation of ₹12,580 crore divided by shareholders' equity (book value) of ₹4,961 crore on 30 September 2026. That is a book value of ₹1,240.25 per share against a share price of ₹3,144.90.

Is Ceat debt free?

No. Ceat had borrowings of ₹3,846 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.77. Its cash and current investments were ₹40 crore, so its net debt was ₹3,806 crore.

What is the Ceat ROE and ROCE?

In FY26, Ceat's return on equity (ROE) was 14.8% and its return on capital employed (ROCE) was 19.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.2% and ROCE 15.6%.

What is the Ceat market cap?

Ceat's market capitalisation was ₹12,580 crore at the 29 October 2026 close: 4 crore shares at ₹3,144.90 each.

What is the Ceat EPS?

Ceat's basic earnings per share (EPS) were ₹172.78 in FY26, against ₹116.85 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹127.90.

What is the Ceat dividend in 2026 and its record date?

In 2026, Ceat has declared one dividend: ₹35 with record date 31 July 2026.

What is the Ceat debt to equity ratio?

Ceat's debt-to-equity ratio was 0.77 on 30 September 2026: borrowings of ₹3,846 crore against total equity of ₹4,969 crore. A year earlier, on 30 September 2025, it was 0.64.

What is the Ceat dividend yield?

Ceat's dividend yield is 1.11% at the 29 October 2026 close: dividends of ₹35 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹3,144.90. They were ₹35 on 31 July 2026.

What is the Ceat promoter holding?

Promoters held 47.29% of Ceat on 30 September 2026, unchanged from the previous quarter and up 0.08 percentage points from 47.21% a year earlier, according to the shareholding pattern filed with NSE.

What is the Ceat shareholding pattern?

On 30 September 2026, Ceat's shares were held by promoters 47.29%, foreign portfolio investors (FII/FPI) 13.41%, domestic institutions (DII) 23.26% (including mutual funds at 18.38%) and retail and other non-institutional investors 15.70%. Over the year, FII holding was down 2.80 percentage points from 16.21% and DII holding was up 2.21 percentage points from 21.05%.

How does the Ceat PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Ceat's PE ratio is 18.0, the second highest of the four: MRF 20.6, Apollo Tyres 17.9 and JK Tyre & Industries 11.5, a peer average of 16.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Ceat vs MRF: how do they compare?

In FY26, Ceat earned net profit of ₹698 crore on revenue of ₹15,678 crore, against ₹2,426 crore on ₹31,149 crore for MRF. Ceat's operating margin was 8.6% (MRF 10.1%) and its return on equity 14.8% (MRF 12.3%). At the 29 October 2026 close, Ceat's market capitalisation was ₹12,580 crore against ₹50,060 crore for MRF, and its PE ratio on FY26 profit 18.0 against 20.6.

What is the Ceat free cash flow?

In FY26, Ceat generated ₹1,786 crore of cash from operations and spent ₹2,267 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹481 crore. In FY25 it was ₹149 crore.

What are the Ceat latest quarterly results?

Ceat's latest results are for Q2 FY27 (July–September 2026), filed on 14 October 2026: consolidated net profit ₹112 crore, down 39.8% from ₹186 crore in Q2 FY26; revenue from operations ₹4,762 crore, up 26.2% year on year.

When are the Ceat next results?

Ceat has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the Ceat revenue and profit in FY26?

In FY26 (April 2025–March 2026), Ceat's consolidated net profit was ₹698 crore, up 48.1% from ₹471 crore in FY25, on revenue from operations of ₹15,678 crore (up 18.6%). Over three years, from FY23, net profit was up 274.9%.

How does Ceat compare with its peers?

On FY26 consolidated figures, against MRF, Apollo Tyres and JK Tyre & Industries: Ceat's operating margin of 8.6% is the lowest of the four (MRF 10.1%, Apollo Tyres 9.1%, JK Tyre & Industries 9.6%; peer average 9.6%); its return on equity of 14.8% is the highest of the four (MRF 12.3%, Apollo Tyres 8.7%, JK Tyre & Industries 14.2%; peer average 11.8%); its revenue growth over three years of 11.5% a year is the highest of the four (MRF 10.6% a year, Apollo Tyres 5.0% a year, JK Tyre & Industries 3.7% a year; peer average 6.5% a year).

Where do these Ceat figures come from?

From Ceat's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.