About
CEAT Limited manufactures and sells automotive tyres, tubes, and flaps in India and internationally. It provides rubber tires and tubes for scooters, bikes, two and three wheelers, passenger cars, buses, light commercial vehicles, trucks, off highway vehicles, and tractors, as well as steel rad products. The company also exports its products. It offers a wide range of tyres for original equipment manufacturers (OEMs) and retail customers through dealers, distributors, and online channels/platforms. The company was formerly known as CEAT Tyres of India Limited and changed its name to CEAT Limited in 1990. The company was founded in 1924 and is headquartered in Mumbai, India. CEAT Limited is a subsidiary of RPG Enterprises Limited.
Key Metrics
as of Sep 2026Market Cap13,483 Cr
P/E21.20
Div Yield1.05 %
Book Value₹1,247.00
52w High₹4,438.00
52w Low₹3,061.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,318.00 | 4,219.00 | 4,157.05 | 3,772.65 | 3,529.00 | 3,420.62 | 3,299.90 | 3,304.53 | 3,192.82 | 2,991.85 | 2,963.14 | 3,053.32 | 2,935.17 |
| Expenses | 3,953.00 | 3,626.00 | 3,593.70 | 3,269.27 | 3,142.00 | 3,032.54 | 2,959.00 | 2,942.25 | 2,809.94 | 2,600.34 | 2,545.64 | 2,597.20 | 2,548.07 |
| Operating Profit | 365.00 | 593.00 | 563.35 | 503.38 | 387.00 | 388.08 | 340.90 | 362.28 | 382.88 | 391.51 | 417.50 | 456.12 | 387.10 |
| OPM % | 8.45 | 14.06 | 13.55 | 13.34 | 10.97 | 11.35 | 10.33 | 10.96 | 11.99 | 13.09 | 14.09 | 14.94 | 13.19 |
| Other Income | -1.00 | 16.00 | -51.91 | 3.86 | 2.00 | -32.52 | 3.43 | 3.42 | 13.61 | -55.10 | 2.94 | 10.47 | 3.25 |
| Depreciation | 186.00 | 184.00 | 188.14 | 173.85 | 151.00 | 152.32 | 141.49 | 137.11 | 131.77 | 136.06 | 127.34 | 124.49 | 120.94 |
| Interest | 146.00 | 85.00 | 104.96 | 86.96 | 82.00 | 74.40 | 75.09 | 66.45 | 61.85 | 61.66 | 65.55 | 71.72 | 70.13 |
| Profit before tax | 32.00 | 340.00 | 218.34 | 246.43 | 156.00 | 128.84 | 127.75 | 162.14 | 202.87 | 138.69 | 227.55 | 270.38 | 199.28 |
| Tax % | 103.12 | 29.71 | 30.97 | 27.57 | 26.92 | 27.63 | 28.29 | 28.56 | 26.61 | 33.04 | 23.92 | 25.26 | 26.53 |
| Net Profit | 4.00 | 244.00 | 155.40 | 185.71 | 112.00 | 98.71 | 97.03 | 121.45 | 154.18 | 102.27 | 181.28 | 207.72 | 144.01 |
| EPS in Rs | 0.99 | 60.32 | 38.51 | 45.97 | 27.69 | 24.60 | 24.01 | 30.13 | 38.11 | 26.84 | 44.87 | 51.42 | 35.75 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15,678.00 | 13,218.00 | 11,943.00 | 11,315.00 | 9,363.00 | 7,610.00 | 6,779.00 | 6,985.00 | 6,282.00 | 5,766.00 | 5,484.00 | 5,705.00 |
| Expenses | 13,614.00 | 11,742.00 | 10,291.00 | 10,341.00 | 8,643.00 | 6,617.00 | 6,052.00 | 6,332.00 | 5,652.00 | 5,096.00 | 4,694.00 | 5,013.00 |
| Operating Profit | 2,064.00 | 1,475.00 | 1,653.00 | 974.00 | 721.00 | 993.00 | 727.00 | 652.00 | 630.00 | 670.00 | 789.00 | 692.00 |
| OPM % | 13.00 | 11.00 | 14.00 | 9.00 | 8.00 | 13.00 | 11.00 | 9.00 | 10.00 | 12.00 | 14.00 | 12.00 |
| Other Income | -31.00 | 8.00 | -18.00 | -8.00 | 17.00 | 10.00 | 8.00 | 10.00 | 9.00 | 28.00 | 7.00 | 16.00 |
| Interest | 359.00 | 278.00 | 269.00 | 242.00 | 207.00 | 179.00 | 154.00 | 93.00 | 104.00 | 90.00 | 101.00 | 142.00 |
| Depreciation | 697.00 | 563.00 | 509.00 | 469.00 | 435.00 | 340.00 | 277.00 | 193.00 | 169.00 | 143.00 | 108.00 | 93.00 |
| Profit before tax | 976.00 | 643.00 | 857.00 | 254.00 | 95.00 | 484.00 | 304.00 | 376.00 | 367.00 | 466.00 | 587.00 | 472.00 |
| Tax % | 29.00 | 27.00 | 26.00 | 28.00 | 26.00 | 11.00 | 24.00 | 33.00 | 36.00 | 23.00 | 32.00 | 33.00 |
| Net Profit | 697.00 | 471.00 | 635.00 | 182.00 | 71.00 | 432.00 | 230.00 | 251.00 | 233.00 | 359.00 | 436.00 | 314.00 |
| EPS in Rs | 172.56 | 116.85 | 158.87 | 46.02 | 17.60 | 106.81 | 57.17 | 62.35 | 58.83 | 89.28 | 108.17 | 78.41 |
| Dividend Payout % | 20.00 | 26.00 | 19.00 | 26.00 | 17.00 | 17.00 | 21.00 | 19.00 | 20.00 | 13.00 | 11.00 | 13.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 |
| Reserves | 5,006.00 | 4,328.00 | 4,002.00 | 3,399.00 | 3,232.00 | 3,276.00 | 2,867.00 | 2,726.00 | 2,566.00 | 2,374.00 | 2,014.00 | 1,642.00 |
| Borrowings | 3,272.00 | 2,136.00 | 1,792.00 | 2,295.00 | 2,229.00 | 1,533.00 | 2,035.00 | 1,498.00 | 872.00 | 924.00 | 663.00 | 775.00 |
| Other Liabilities | 5,584.00 | 4,707.00 | 4,160.00 | 3,891.00 | 3,658.00 | 3,284.00 | 2,423.00 | 2,140.00 | 1,669.00 | 1,578.00 | 1,390.00 | 1,365.00 |
| Total Liabilities | 13,902.00 | 11,212.00 | 9,994.00 | 9,627.00 | 9,160.00 | 8,133.00 | 7,366.00 | 6,404.00 | 5,146.00 | 4,917.00 | 4,108.00 | 3,822.00 |
| Fixed Assets | 8,439.00 | 6,984.00 | 6,271.00 | 6,096.00 | 5,329.00 | 4,763.00 | 4,160.00 | 3,180.00 | 2,709.00 | 2,453.00 | 2,032.00 | 1,581.00 |
| CWIP | 638.00 | 538.00 | 684.00 | 596.00 | 876.00 | 793.00 | 1,069.00 | 833.00 | 310.00 | 326.00 | 299.00 | 229.00 |
| Investments | 222.00 | 190.00 | 182.00 | 170.00 | 179.00 | 210.00 | 184.00 | 181.00 | 214.00 | 232.00 | 195.00 | 312.00 |
| Other Assets | 4,604.00 | 3,501.00 | 2,858.00 | 2,765.00 | 2,775.00 | 2,367.00 | 1,954.00 | 2,210.00 | 1,914.00 | 1,907.00 | 1,581.00 | 1,700.00 |
| Total Assets | 13,902.00 | 11,212.00 | 9,994.00 | 9,627.00 | 9,160.00 | 8,133.00 | 7,366.00 | 6,404.00 | 5,146.00 | 4,917.00 | 4,108.00 | 3,822.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,786.00 | 1,092.00 | 1,719.00 | 1,205.00 | 619.00 | 1,358.00 | 956.00 | 561.00 | 672.00 | 335.00 | 702.00 | 749.00 |
| Cash from Investing Activity | -2,271.00 | -922.00 | -854.00 | -849.00 | -944.00 | -618.00 | -1,076.00 | -1,060.00 | -412.00 | -543.00 | -433.00 | -253.00 |
| Cash from Financing Activity | 477.00 | -177.00 | -871.00 | -320.00 | 313.00 | -731.00 | 79.00 | 484.00 | -202.00 | 219.00 | -326.00 | -194.00 |
| Net Cash Flow | -8.00 | -7.00 | -5.00 | 37.00 | -12.00 | 9.00 | -40.00 | -15.00 | 58.00 | 10.00 | -57.00 | 301.00 |
| Free Cash Flow | 639.00 | 149.00 | 852.00 | 328.00 | -337.00 | 723.00 | -154.00 | -546.00 | 189.00 | -248.00 | -12.00 | 449.00 |
| CFO/OP % | 95.00 | 80.00 | 114.00 | 120.00 | 89.00 | 142.00 | 134.00 | 98.00 | 122.00 | 65.00 | 110.00 | 124.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43.00 | 46.00 | 39.00 | 42.00 | 45.00 | 44.00 | 36.00 | 37.00 | 43.00 | 39.00 | 40.00 | 45.00 |
| Inventory Days | 68.00 | 63.00 | 61.00 | 56.00 | 79.00 | 97.00 | 88.00 | 88.00 | 75.00 | 101.00 | 76.00 | 70.00 |
| Days Payable | 132.00 | 122.00 | 123.00 | 112.00 | 131.00 | 157.00 | 111.00 | 92.00 | 83.00 | 81.00 | 75.00 | 68.00 |
| Cash Conversion Cycle | -21.00 | -13.00 | -23.00 | -14.00 | -6.00 | -16.00 | 12.00 | 33.00 | 35.00 | 59.00 | 40.00 | 47.00 |
| Working Capital Days | -49.00 | -49.00 | -51.00 | -49.00 | -41.00 | -41.00 | -27.00 | -11.00 | -9.00 | 21.00 | 11.00 | -7.00 |
| ROCE % | 19.00 | 15.00 | 20.00 | 9.00 | 6.00 | 14.00 | 10.00 | 13.00 | 15.00 | 19.00 | 27.00 | 26.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 31 Jul 2026 | 31 Jul 2026 | — | 35.00 | |
| Dividend | 08 Aug 2025 | 08 Aug 2025 | — | 30.00 | |
| Dividend | 09 Aug 2024 | 09 Aug 2024 | — | 30.00 | |
| Dividend | 20 Jun 2023 | 20 Jun 2023 | — | 12.00 | |
| Dividend | 10 Jun 2022 | 13 Jun 2022 | — | 3.00 | |
| Dividend | 27 Aug 2021 | 30 Aug 2021 | — | 18.00 | |
| Dividend | 19 Mar 2020 | 20 Mar 2020 | — | 12.00 | |
| Dividend | 18 Jul 2019 | — | — | 12.00 | |
| Dividend | 10 Jul 2018 | — | — | 11.50 | |
| Dividend | 28 Jul 2017 | — | — | 11.50 | |
| Other | 29 Jul 2016 | — | — | — | Annual General Meeting |
| Dividend | 22 Mar 2016 | 25 Mar 2016 | — | 11.50 | |
| Dividend | 03 Aug 2015 | — | — | 10.00 | |
| Dividend | 17 Sep 2014 | — | — | 10.00 | |
| Dividend | 12 Aug 2013 | — | — | 4.00 | |
| Dividend | 25 Jul 2012 | — | — | 1.00 | |
| Dividend | 10 Aug 2011 | — | — | 2.00 | |
| Dividend | 14 Jul 2010 | — | — | 4.00 | |
| Other | 07 Aug 2009 | — | — | — | Annual General Meeting |
| Dividend | 09 Jul 2008 | — | — | 4.00 | |
| Other | 26 Dec 2007 | 02 Jan 2008 | — | — | Scheme of Arrangement |
| Dividend | 11 Jul 2007 | — | — | 1.80 | |
| Other | 02 Dec 2005 | 09 Dec 2005 | — | — | Right Issue of Equity Shares |
| Dividend | 30 Jul 2001 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Jul from fitch
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Rating update8 Jan from care
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Rating update4 Jul 2025 from fitch
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Rating update17 Jun 2025 from care
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Rating update24 Dec 2024 from care
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Rating update17 Dec 2024 from fitch
Conference Calls
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