CEAT quarterly results and financials

CEAT (CEATLTD)₹3,456−1.44%(9 Nov 2026 close)Tyres & Rubber Products

Key facts

In the Sep 2026 quarter (consolidated), CEAT reported sales of ₹4,751 Cr, up 26.1% from Sep 2025, and net profit of ₹112 Cr, down 39.7% year on year. For the year to Mar 2026, sales were ₹15,637 Cr and net profit ₹697 Cr.

Sales (Sep 2026): ₹4,751 Cr
Net profit (Sep 2026): ₹112 Cr
Sales (FY Mar 2026): ₹15,637 Cr
Net profit (FY Mar 2026): ₹697 Cr
EPS (Sep 2026): ₹27.64
Borrowings (Mar 2026): ₹3,276 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

CEAT quarterly results

₹ crore unless stated; each column is a quarter.

CEAT Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	2,955	2,986	3,184	3,300	3,294	3,415	3,523	3,767	4,147	4,208	4,307	4,751
Expenses	2,549	2,605	2,812	2,946	2,964	3,039	3,146	3,274	3,599	3,631	3,961	4,311
Operating Profit	419	393	384	363	342	389	388	504	564	594	366	459
OPM %	14.1%	13.0%	12.0%	11.0%	10.0%	11.0%	11.1%	13.0%	14.1%	14.0%	8.0%	10.0%
Other Income	3.01	−55.18	14.05	3.01	3.01	−33.12	2.01	4.01	−52.19	16.06	−1.01	−8.03
Interest	65.78	61.82	61.80	65.81	74.79	73.73	81.77	86.76	105	84.72	146	86.67
Depreciation	127	136	132	137	141	152	151	174	189	185	187	193
Profit before tax	227	139	202	161	128	129	156	245	217	339	31.92	169
Tax %	23.9%	32.9%	26.9%	29.0%	27.9%	28.0%	26.9%	27.9%	31.0%	30.0%	103.0%	31.0%
Exceptional items	0.00	−38.87	4.99	0.00	0.00	−26.92	−1.99	0.00	−39.87	−6.98	0.00	−8.98
Net Profit	181	102	154	121	97.01	98.96	112	186	155	244	3.99	112
EPS (Rs)	44.81	26.79	38.06	30.11	23.99	24.56	27.65	45.90	38.46	60.23	0.98	27.64

CEAT profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

CEAT Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	5,470	5,751	6,266	6,968	6,767	7,593	9,344	11,284	11,917	13,197	15,637	17,412
Expenses	4,703	5,100	5,661	6,341	6,064	6,631	8,658	10,355	10,312	11,765	13,634	15,503
Operating Profit	792	672	631	654	730	995	724	978	1,657	1,479	2,069	1,984
OPM %	14.0%	12.1%	10.1%	9.0%	11.0%	13.1%	8.1%	9.0%	14.0%	11.0%	13.0%	11.4%
Other Income	7.03	28.10	9.03	10.04	8.02	10.04	17.07	−8.03	−18.06	8.03	−31.12	−45.17
Interest	101	89.74	104	92.71	154	178	206	241	268	277	358	422
Depreciation	108	143	170	193	277	341	436	470	510	564	699	753
Profit before tax	585	465	366	375	303	483	94.64	253	855	641	974	757
Tax %	31.9%	23.0%	36.0%	33.0%	24.0%	10.9%	26.0%	28.0%	25.9%	27.0%	29.0%	—
Exceptional items	−12.96	−11.96	−20.94	−32.90	−18.95	−35.88	−14.97	−23.93	−42.86	−21.93	−61.83	−55.83
Net Profit	436	359	233	251	230	432	71.02	182	635	471	697	515
EPS (Rs)	107.97	89.20	58.75	62.31	57.13	106.70	17.58	45.98	158.60	116.66	172.32	127.31
Dividend payout %	10.9%	12.9%	19.9%	18.9%	20.9%	16.9%	16.9%	26.0%	18.9%	25.9%	19.9%	—

CEAT balance sheet

₹ crore, at each year end.

CEAT Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	39.94	39.94	39.97	39.95	39.93	39.92	39.92	39.94	39.97	39.94	39.98	39.97
Reserves	1,640	2,010	2,372	2,563	2,724	2,864	3,271	3,228	3,395	3,995	4,321	5,003
Borrowings	776	664	925	874	1,500	2,038	1,534	2,232	2,297	1,794	2,138	3,276
Other Liabilities	1,364	1,388	1,571	1,665	2,131	2,411	3,277	3,642	3,872	4,150	4,692	5,566
Total Liabilities	3,820	4,103	4,909	5,140	6,394	7,354	8,122	9,143	9,606	9,979	11,191	13,885
Fixed Assets	1,578	2,027	2,445	2,704	3,172	4,150	4,754	5,312	6,077	6,259	6,966	8,425
CWIP	228	298	325	309	831	1,066	791	874	594	682	537	636
Investments	312	195	232	214	181	184	210	179	170	182	190	222
Other Assets	1,701	1,582	1,907	1,914	2,210	1,956	2,367	2,777	2,765	2,857	3,499	4,603
Inventories	678	638	940	783	1,004	936	1,129	1,307	1,136	1,148	1,408	1,779
Trade receivables	708	596	616	750	709	677	926	1,157	1,313	1,288	1,659	1,845
Cash & equivalents	124	63.19	36.11	86.35	74.23	34.13	43.12	36.12	72.19	59.20	53.13	43.15
Total Assets	3,820	4,103	4,909	5,140	6,394	7,354	8,122	9,143	9,606	9,979	11,191	13,885

CEAT cash flow

₹ crore, for each year.

CEAT Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	748	701	335	670	560	954	1,355	618	1,203	1,717	1,089	1,782
Cash from investing activity	−254	−434	−544	−413	−1,062	−1,078	−619	−945	−850	−857	−923	−2,277
Cash from financing activity	−194	−326	219	−202	484	79.06	−732	313	−320	−871	−177	477
Net cash flow	300	−56.88	9.99	57.93	−14.98	−39.96	8.98	−11.99	36.93	−4.99	−6.99	−7.99
Capex	304	740	590	485	1,111	1,121	641	961	882	870	946	1,151
Free cash flow	447	−11.96	−247	188	−544	−153	721	−336	327	849	148	637
CFO / OP %	124.0%	110.1%	65.1%	122.1%	98.1%	134.0%	142.1%	89.0%	120.1%	114.1%	80.1%	95.1%

CEAT ratios

Working-capital days and returns, by year.

CEAT Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	44	39	38	42	36	35	43	44	41	38	45	42
Inventory days	70	76	101	75	88	88	97	79	56	61	63	68
Days payable	69	76	82	84	93	112	158	132	113	124	123	133
Cash conversion cycle	46	39	58	34	32	11	−17	−7	−15	−24	−14	−22
Working capital days	−7	11	21	−9	−11	−27	−41	−41	−49	−51	−49	−49
ROCE %	25.9%	26.9%	18.9%	14.9%	12.9%	9.9%	13.9%	6.0%	8.9%	19.9%	14.9%	19.0%

CEAT: frequently asked questions

What are the latest quarterly results of CEAT?

For the Sep 2026 quarter, CEAT reported sales of ₹4,751 Cr, up 26.1% year on year and net profit of ₹112 Cr, down 39.7% year on year. The operating margin was 10.0%.

What is the annual revenue of CEAT?

CEAT's sales for the year to Mar 2026 were ₹15,637 Cr; over the last twelve months they were ₹17,412 Cr.

What is the net profit of CEAT?

Net profit for the year to Mar 2026 was ₹697 Cr, and ₹515 Cr over the last twelve months. Earnings per share over the same trailing period were ₹127.31.

How much debt does CEAT have?

CEAT reported borrowings of ₹3,276 Cr at Mar 2026, against cash and equivalents of ₹43.15 Cr.

What is the free cash flow of CEAT?

Cash from operations was ₹1,782 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹637 Cr.

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