Ceat cash flow

Latest FY26

Cash from operations: ₹1,786cr+63.5% on FY25
Capital spending: ₹2,267cr+140.3% on FY25
Free cash flow: −₹481cr₹149 cr in FY25
Cash from financing: ₹477cr−₹177 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	697	563	509	469
	—	16.4	13.7	15.7	0.0
	—	359	278	269	242
	—	−7.7	−7.2	−4.7	0.0
	—	−1.4	0.0	−6.3	−0.1
	—	4.5	0.0	0.0	0.0
	—	−9.4	2.8	−3.3	7.1
	—	−0.3	0.0	0.0	0.0
	—	8.3	0.0	0.0	0.0
	—	0.0	2.4	−0.4	−8.9
	—	−372	−261	−12.7	172
	—	−166	−372	23.7	−155
	—	0.0	−43.9	−24.9	0.0
	—	0.0	−0.6	1.9	0.0
	—	−321	−27.6	−1.5	−29.4
	—	−20.5	−0.4	−2.6	−0.6
	—	712	406	68.0	97.4
	—	0.0	49.6	87.5	0.0
	—	9.5	−0.1	0.0	0.0
	—	0.0	−70.6	135	121
	—	67.7	16.3	−38.0	9.3
	—	29.3	14.0	30.7	6.2
Cash from operating activities
	759	960	622	836	246
	—	1,005	561	1,046	931
	—	1,966	1,183	1,882	1,176
	—	0.0	0.0	0.0	−8.6
	—	180	90.8	163	−37.7
	—	1,786	1,092	1,719	1,205
Cash from investing activities
	—	2,267	943	867	879
	—	0.0	0.8	0.5	1.2
	—	0.2	0.0	0.0	0.0
	—	32.3	0.2	0.0	0.0
	—	0.0	0.0	0.0	3.3
	—	0.0	0.0	12.0	0.0
	—	21.5	16.4	13.1	21.3
	—	4.7	3.8	4.4	8.6
	—	2.4	0.1	7.6	2.2
	—	−2,271	−922	−854	−849
Cash from financing activities
	—	1,466	632	91.4	162
	—	384	333	555	166
	—	134	110	91.8	0.0
	—	—	—	0.0	93.6
	—	311	245	267	209
	—	121	121	48.5	12.6
	—	−39.4	0.0	0.0	0.0
	—	477	−177	−871	−320
	—	−8.4	−7.2	−5.5	36.9
	—	−8.4	−7.2	−5.5	36.9
	—	39.5	47.9	55.2	60.6
Reference items
	1,978	2,047	1,474	1,652	974
	11.3%	13.1%	11.2%	13.8%	8.6%
	−481	−481	149	852	326
	—	290	203	121	—
	−₹119.17	−₹119.17	₹36.78	₹210.88	₹80.78
	—	2.56×	2.32×	2.71×	6.61×
	—	180	90.8	163	−37.7
	—	311	245	267	209

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

alphave

CEATLTD₹3,144.90

Ceat Ltd.

· Auto & Mobility

₹ CrorePeersMRF APOLLOTYRE JKTYRE CIEINDIA CRAFTSMAN BELRISE ASAHIINDIA GABRIELMcap ₹12,705 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	469.3	508.8	562.7	697.4	—
+ Impairment Loss / (Reversal)	0.0	15.7	13.7	16.4	—
+ Finance Costs	242.1	269.1	277.8	358.6	—
+ Interest Income	0.0	-4.7	-7.2	-7.7	—
+ Fair Value (Gains) / Losses	-0.1	-6.3	0.0	-1.4	—
+ Share-based Payments	0.0	0.0	0.0	4.5	—
+ Unrealised FX (Gain) / Loss	7.1	-3.3	2.8	-9.4	—
+ Other Non-cash Items	0.0	0.0	0.0	-0.3	—
+ Other — Cash Effects are Investing / Financing	0.0	0.0	0.0	8.3	—
+ Other Reconciling Items	-8.9	-0.4	2.4	0.0	—
Changes in Working Capital
+ Inventories	171.8	-12.7	-261.0	-371.8	—
+ Trade Receivables — Current	-155.1	23.7	-372.1	-166.0	—
+ Other Financial Assets — Current	0.0	-24.9	-43.9	0.0	—
+ Other Financial Assets — Non-current	0.0	1.9	-0.6	0.0	—
+ Other Current Assets	-29.4	-1.5	-27.6	-321.3	—
+ Other Non-current Assets	-0.6	-2.6	-0.4	-20.5	—
+ Trade Payables — Current	97.4	68.0	405.6	712.1	—
+ Other Financial Liabilities — Current	0.0	87.5	49.6	0.0	—
+ Other Financial Liabilities — Non-current	0.0	0.0	-0.1	9.5	—
+ Other Current Liabilities	121.4	135.4	-70.6	0.0	—
+ Provisions — Current	9.3	-38.0	16.3	67.7	—
+ Provisions — Non-current	6.2	30.7	14.0	29.3	—
Cash from Operating Activities
Profit Before Tax (per I/S)	245.9	835.9	621.6	960.3	759.1
+ Total Adjustments (incl. Working Capital)	930.5	1,046.3	561.1	1,005.4	—
Cash from Operations (pre-tax)	1,176.4	1,882.2	1,182.7	1,965.8	—
+ Interest Received — Operating	-8.6	0.0	0.0	0.0	—
+ Income Taxes Paid	-37.7	163.0	90.8	180.2	—
Cash from Operating Activities	1,205.5	1,719.3	1,092.0	1,785.6	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	879.1	867.3	943.4	2,267.0	—
+ Disp of Fixed Assets	1.2	0.5	0.8	0.0	—
+ Disp of Intangible Assets	0.0	0.0	0.0	0.2	—
+ Acq of Other Long-term Assets	0.0	0.0	0.2	32.3	—
+ Purchase of Investments (Equity / Debt)	3.3	0.0	0.0	0.0	—
+ Acq of Subsidiaries / Businesses (net)	0.0	12.0	0.0	0.0	—
+ Dividends Received — Investing	21.3	13.1	16.4	21.5	—
+ Interest Received — Investing	8.6	4.4	3.8	4.7	—
+ Other Inflows / (Outflows) — Investing	2.2	7.6	0.1	2.4	—
Cash from Investing Activities	-849.1	-853.7	-922.4	-2,270.6	—
Cash from Financing Activities
+ Proceeds from Borrowings	162.3	91.4	632.5	1,466.4	—
+ Repayment of Borrowings	166.4	555.2	333.0	384.0	—
+ Payment of Lease Liabilities	0.0	91.8	110.2	133.9	—
+ Payment of Finance Lease Liabilities	93.6	0.0	—	—	—
+ Interest Paid	209.3	266.9	244.6	311.1	—
+ Dividends Paid	12.6	48.5	121.4	121.4	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-39.4	—
Cash from Financing Activities	-319.5	-871.0	-176.7	476.6	—
Net Changes in Cash (pre-FX)	36.9	-5.5	-7.2	-8.4	—
Net Changes in Cash	36.9	-5.5	-7.2	-8.4	—
Closing Cash	60.6	55.2	47.9	39.5	—
Reference Items
EBITDA	973.8	1,652.2	1,474.1	2,047.2	1,978.1
EBITDA Margin %	8.61	13.83	11.15	13.06	11.33
Free Cash Flow (CFO − Capex)	326.4	852.0	148.6	-481.5	-481.5
Free Cash Flow to Equity	—	121.3	203.4	289.9	—
Free Cash Flow per Basic Share	80.78	210.88	36.78	-119.17	-119.17
Cash Flow to Net Income	6.61	2.71	2.32	2.56	—
Cash Paid for Taxes	-37.7	163.0	90.8	180.2	—
Cash Paid for Interest	209.3	266.9	244.6	311.1	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. 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%.