Ceat quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	4,762	3,773	+26.2%
EBITDA	457	503	−9.2%
EBITDA margin	9.6%	13.3%	−3.7 pts
Profit before tax	169	246	−31.4%
Net profit	112	186	−39.7%
EPS	₹27.79	₹45.98	−39.6%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	4,762	4,318	4,219	4,157	3,773	3,529	3,421	3,300	3,305	3,193	2,992	2,963	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	5.0	6.0	25.7	6.1	3.9	4.7	4.5	3.4	3.5	6.2	3.1	2.9
	4,767	4,324	4,245	4,163	3,777	3,534	3,425	3,303	3,308	3,199	2,995	2,966
	3,234	2,978	2,546	2,404	2,319	2,239	2,175	2,117	2,116	1,911	1,753	1,695
	66.0	56.0	15.1	14.7	13.0	9.1	7.2	7.0	9.4	9.5	16.1	8.1
	−185	−180	−16.2	78.7	−103	−16.8	−43.4	−38.9	−57.2	19.8	−42.6	35.5
	321	296	301	282	262	227	226	216	219	196	215	217
	87.0	146	84.7	105	87.0	82.1	74.4	75.1	66.5	61.9	61.7	65.6
	193	186	184	188	174	151	152	141	137	132	136	127
	869	803	780	814	779	684	668	658	655	674	659	590
	4,585	4,285	3,895	3,887	3,530	3,375	3,259	3,176	3,146	3,004	2,798	2,739
	457	365	593	563	503	388	388	341	362	383	392	418
	264	179	409	375	330	236	236	199	225	251	255	290
Profit
	182	39.0	350	276	246	159	166	128	162	195	197	228
	−13.0	−7.0	−10.0	−58.0	0.0	−3.3	−37.0	0.0	−0.0	7.5	−58.2	0.0
	169	32.0	340	218	246	156	129	128	162	203	139	228
	32.0	18.0	78.0	37.8	43.6	29.7	23.0	16.2	34.1	40.5	28.5	42.1
	20.0	15.0	23.4	29.8	24.4	12.3	12.6	19.9	12.2	13.5	17.3	12.3
	52.0	33.0	101	67.6	68.0	41.9	35.6	36.1	46.3	54.0	45.8	54.4
	−5.0	5.0	5.4	4.7	7.2	−1.5	5.5	5.4	5.6	5.3	9.4	8.2
	112	4.0	244	155	186	112	98.7	97.0	121	154	102	181
	117	−1.0	238	151	178	114	93.2	91.6	116	149	92.9	173
	26.0	−63.0	88.8	−2.7	38.9	10.4	−33.7	5.2	7.8	−4.4	4.9	1.9
	138	−59.0	333	153	225	123	65.0	102	129	150	107	183
	—	—	244	156	186	112	99.5	97.1	122	154	109	181
	0.0	0.0	−0.0	−0.4	−0.2	−0.2	−0.8	−0.1	−0.4	0.0	−6.3	−0.2
Per share
	₹27.79	₹1.07	₹60.45	₹38.59	₹45.98	₹27.80	₹24.60	₹24.01	₹30.13	₹38.11	₹26.84	₹44.87
	₹27.79	₹1.07	₹60.45	₹38.59	₹45.98	₹27.80	₹24.60	₹24.01	₹30.13	₹38.11	₹26.84	₹44.87
Other comprehensive income — detail
	26.0	−63.0	88.8	−2.7	38.9	10.4	−33.7	—	—	—	—	—
	−5.0	−2.0	34.3	−0.5	7.9	−2.5	−7.2	−0.1	3.1	0.2	−4.3	0.3
	—	—	—	—	—	—	—	0.0	0.8	0.1	−1.1	0.1
	31.0	−61.0	54.6	−2.2	31.0	12.9	−26.5	5.3	6.5	−4.4	7.7	2.2
	—	—	—	—	—	—	—	0.0	1.1	0.2	−0.3	0.5
	138	−58.0	333	153	225	123	65.8	102	130	150	113	183
	0.0	0.0	−0.0	−0.4	−0.2	−0.2	−0.8	−0.1	−0.4	0.0	−6.3	−0.2
Per share — as-filed variants
	₹27.79	₹1.07	₹60.45	₹38.59	₹45.98	₹27.80	₹24.60	₹24.01	₹30.13	₹38.11	₹26.84	₹44.87
	₹27.79	₹1.07	₹60.45	₹38.59	₹45.98	₹27.80	₹24.60	₹24.01	₹30.13	₹38.11	₹26.84	₹44.87
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	1,647	1,464	1,674	1,660	1,544	1,298	1,282	1,215	1,236	1,253	1,265	1,225
	34.6%	33.9%	39.7%	39.9%	40.9%	36.8%	37.5%	36.8%	37.4%	39.2%	42.3%	41.3%
Adjusted (ex-exceptional items) — derived
	182	39.0	350	276	246	159	166	128	162	195	197	228
	−13.0	−7.0	−10.0	−58.0	0.0	−3.3	−37.0	0.0	−0.0	7.5	−58.2	0.0
	121	6.8	251	195	186	115	126	97.0	121	149	141	181
	₹30.02	₹1.82	₹62.19	₹48.53	₹45.98	₹28.40	₹31.28	₹24.01	₹30.14	₹36.76	₹37.06	₹44.87

Open the chart

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

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

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,963.1	2,991.9	3,192.8	3,304.5	3,299.9	3,420.6	3,529.4	3,772.7	4,157.1	4,218.9	4,318.0	4,762.0
Other Income	2.9	3.1	6.2	3.5	3.4	4.5	4.7	3.9	6.1	25.7	6.0	5.0
Total Income	2,966.1	2,994.9	3,199.0	3,308.0	3,303.3	3,425.1	3,534.1	3,776.5	4,163.1	4,244.6	4,324.0	4,767.0
Expenses
+ Cost of Materials Consumed	1,694.9	1,753.0	1,910.8	2,116.1	2,116.5	2,175.4	2,238.8	2,318.6	2,404.0	2,546.4	2,978.0	3,234.0
+ Purchases of Stock-in-Trade	8.1	16.1	9.5	9.4	7.0	7.2	9.1	13.0	14.7	15.1	56.0	66.0
+ Changes in Inventories	35.5	-42.6	19.8	-57.2	-38.9	-43.4	-16.8	-103.0	78.7	-16.2	-180.0	-185.0
+ Employee Benefit Expense	217.2	215.3	195.6	219.0	215.9	225.7	226.8	261.7	282.2	300.6	296.0	321.0
+ Finance Costs	65.6	61.7	61.9	66.5	75.1	74.4	82.1	87.0	105.0	84.7	146.0	87.0
+ Depreciation & Amortisation	127.3	136.1	131.8	137.1	141.5	152.3	151.4	173.9	188.1	184.1	186.0	193.0
+ Other Expenses	589.9	658.5	674.2	655.0	658.4	667.7	683.8	778.9	814.1	780.2	803.0	869.0
Total Expenses	2,738.5	2,798.1	3,003.6	3,145.8	3,175.6	3,259.3	3,375.1	3,530.1	3,886.8	3,894.9	4,285.0	4,585.0
EBITDA	417.5	391.5	382.9	362.3	340.9	388.1	387.7	503.4	563.4	592.7	365.0	457.0
EBIT	290.2	255.5	251.1	225.2	199.4	235.8	236.4	329.5	375.2	408.7	179.0	264.0
Profit
PBT before Exceptional Items	227.6	196.9	195.4	162.2	127.8	165.9	159.0	246.4	276.3	349.8	39.0	182.0
+ Exceptional Items	0.0	-58.2	7.5	-0.0	0.0	-37.0	-3.3	0.0	-58.0	-10.0	-7.0	-13.0
Pretax Income	227.6	138.7	202.9	162.1	127.8	128.8	155.8	246.4	218.3	339.8	32.0	169.0
+ Current Tax	42.1	28.5	40.5	34.1	16.2	23.0	29.7	43.6	37.8	78.0	18.0	32.0
+ Deferred Tax	12.3	17.3	13.5	12.2	19.9	12.6	12.3	24.4	29.8	23.4	15.0	20.0
Tax Expense	54.4	45.8	54.0	46.3	36.1	35.6	41.9	68.0	67.6	101.4	33.0	52.0
+ Share of Associates & JVs	8.2	9.4	5.3	5.6	5.4	5.5	-1.5	7.2	4.7	5.4	5.0	-5.0
Net Income	181.3	102.3	154.2	121.5	97.0	98.7	112.3	185.7	155.4	243.8	4.0	112.0
+ Net Income — Continuing Ops	173.1	92.9	148.9	115.8	91.6	93.2	113.8	178.5	150.7	238.4	-1.0	117.0
+ Other Comprehensive Income	1.9	4.9	-4.4	7.8	5.2	-33.7	10.4	38.9	-2.7	88.8	-63.0	26.0
Total Comprehensive Income	183.2	107.1	149.8	129.2	102.2	65.0	122.7	224.6	152.7	332.6	-59.0	138.0
Net Income to Common	181.5	108.6	154.2	121.9	97.1	99.5	112.5	186.0	155.8	243.9	—	—
Minority Interest	-0.2	-6.3	0.0	-0.4	-0.1	-0.8	-0.2	-0.2	-0.4	-0.0	0.0	0.0
Per Share
Basic EPS	44.87	26.84	38.11	30.13	24.01	24.60	27.80	45.98	38.59	60.45	1.07	27.79
Diluted EPS	44.87	26.84	38.11	30.13	24.01	24.60	27.80	45.98	38.59	60.45	1.07	27.79
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-33.7	10.4	38.9	-2.7	88.8	-63.0	26.0
+ Items NOT to be Reclassified to P&L	0.3	-4.3	0.2	3.1	-0.1	-7.2	-2.5	7.9	-0.5	34.3	-2.0	-5.0
+ Tax on Items NOT to be Reclassified — alt tag	0.1	-1.1	0.1	0.8	0.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	2.2	7.7	-4.4	6.5	5.3	-26.5	12.9	31.0	-2.2	54.6	-61.0	31.0
+ Tax on Items to be Reclassified — alt tag	0.5	-0.3	0.2	1.1	0.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	183.4	113.4	149.8	129.6	102.3	65.8	122.9	224.8	153.1	332.7	-58.0	138.0
Comprehensive Income — Non-controlling Interests	-0.2	-6.3	0.0	-0.4	-0.1	-0.8	-0.2	-0.2	-0.4	-0.0	0.0	0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	44.87	26.84	38.11	30.13	24.01	24.60	27.80	45.98	38.59	60.45	1.07	27.79
Diluted EPS — Continuing Operations	44.87	26.84	38.11	30.13	24.01	24.60	27.80	45.98	38.59	60.45	1.07	27.79
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,224.6	1,265.3	1,252.7	1,236.3	1,215.2	1,281.5	1,298.3	1,544.0	1,659.7	1,673.6	1,464.0	1,647.0
Gross Margin %	41.33	42.29	39.24	37.41	36.83	37.46	36.79	40.93	39.93	39.67	33.90	34.59
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	227.6	196.9	195.4	162.2	127.8	165.9	159.0	246.4	276.3	349.8	39.0	182.0
− Exceptional Items (reconciliation)	0.0	-58.2	7.5	-0.0	0.0	-37.0	-3.3	0.0	-58.0	-10.0	-7.0	-13.0
Net Income Adj (tax-effected)	181.3	141.2	148.7	121.5	97.0	125.5	114.7	185.7	195.4	250.8	6.8	121.0
EPS Adj	44.87	37.06	36.76	30.14	24.01	31.28	28.40	45.98	48.53	62.19	1.82	30.02
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	—	10.00	10.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.44	0.40	0.64	0.62	0.60	0.65	0.78
Filed Dscr	1.00	1.00	1.00	1.00	1.00	0.79	0.81	0.75	0.91	0.90	0.51	0.84
Filed Iscr	6.00	6.00	5.00	5.00	4.00	5.22	4.41	5.33	5.08	6.12	2.37	4.68
Paid Up Equity Capital	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.5	40.0	40.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · 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 Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 14 October 2026 at 6:22 pm IST

Ceat (NSE: CEATLTD) reported its Q2 FY27 results (July–September 2026) on Wednesday, 14 October 2026 at 6:22 pm IST. Consolidated net profit was ₹112 crore, down 39.8% from ₹186 crore in Q2 FY26. Revenue from operations was ₹4,762 crore, up 26.2% year on year and up 10.3% from the previous quarter.

Q2 FY26 results (a year earlier): 17 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹112 Cr−39.8% vs Q2 FY26profit ₹4 Cr in Q1 FY27
Revenue from operations: ₹4,762 Cr+26.2% vs Q2 FY26+10.3% vs Q1 FY27
Operating margin (EBIT): 5.5%−3.2 pts vs Q2 FY26+1.4 pts vs Q1 FY27EBIT ₹264 Cr
EBITDA: ₹457 Cr−9.2% vs Q2 FY26+25.2% vs Q1 FY27margin 9.6%
Earnings per share (basic): ₹27.79−39.6% vs Q2 FY26
Net profit margin: 2.4%−2.6 pts vs Q2 FY26+2.3 pts vs Q1 FY27

Questions

What was Ceat's net profit in Q2 FY27?

Consolidated net profit was ₹112 crore, down 39.8% from ₹186 crore in Q2 FY26.

What was Ceat's revenue in Q2 FY27?

Revenue from operations was ₹4,762 crore, up 26.2% year on year and up 10.3% from the previous quarter.

What was Ceat's EPS in Q2 FY27?

Basic earnings per share were ₹27.79, against ₹45.98 in Q2 FY26.

How were Ceat's Q2 FY27 results?

Revenue grew from a year earlier while net profit fell: revenue was up 26.2% at ₹4,762 crore, and net profit was down 39.8% at ₹112 crore. The operating margin was 5.5%, down 3.2 percentage points from 8.7% a year earlier.

What was Ceat's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹264 crore, a margin of 5.5%, against 4.1% in Q1 FY27 and 8.7% in Q2 FY26. EBITDA was ₹457 crore, 9.6% of revenue.

What was Ceat's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹116 crore, down 61.1% from ₹298 crore in the same months a year earlier. Revenue from operations was ₹9,080 crore, up 24.3%.

What is Ceat's net profit margin?

Ceat's net profit margin was 2.4% in Q2 FY27 (net profit as a share of revenue from operations), against 4.9% in Q2 FY26 (down 2.6 percentage points). For FY26 as a whole it was 4.5%.

What was Ceat's net profit in FY26?

Consolidated net profit was ₹698 crore in FY26 (April 2025–March 2026), up 48.1% from ₹471 crore in FY25. It was ₹643 crore in FY24 and ₹186 crore in FY23: up 274.9% over three years, 55.4% a year on average.

What was Ceat's revenue in FY26?

Revenue from operations was ₹15,678 crore in FY26 (April 2025–March 2026), up 18.6% from ₹13,218 crore in FY25. It was ₹11,943 crore in FY24 and ₹11,315 crore in FY23: up 38.6% over three years, 11.5% a year on average.

How has Ceat's profit changed over the last four quarters?

Net profit by quarter: ₹156 crore in Q3 FY26, ₹244 crore in Q4 FY26, ₹4 crore in Q1 FY27 and ₹112 crore in Q2 FY27. That is ₹516 crore over the four quarters, up 4.2% from ₹495 crore in the four quarters before. Revenue from operations: ₹4,157 crore, ₹4,219 crore, ₹4,318 crore and ₹4,762 crore.

When did Ceat announce its Q2 FY27 results?

On Wednesday, 14 October 2026 at 6:22 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 17 October 2025.

When will Ceat announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Ceat figures come from?

From Ceat's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 14 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.