CEAT Ltd shares rallied as much as 12.3% to ₹3,949.90 on the NSE on Wednesday, April 29, following the company's March quarter (Q4 FY26) and full financial year (FY26) results announced on Tuesday. According to reports from The New Indian Express, the strong market response reflects investor confidence in the tyre manufacturer's robust financial performance and growth trajectory. The positive momentum comes as GIFT Nifty futures point to a gain of around 40–43 points in the NIFTY50 index, with stock-specific action expected to remain high as more than 50 companies are scheduled to announce their March quarter results.
The company reported an over two-fold jump in consolidated net profit to ₹243.8 crore in the fourth quarter ended March 2026, compared to ₹98.71 crore in the corresponding quarter of the preceding fiscal year. As reported by The New Indian Express, consolidated revenue from operations in Q4 FY26 stood at ₹4,218.89 crore versus ₹3,420.62 crore in the year-ago period. Total expenses increased to ₹3,894.87 crore from ₹3,259.26 crore in the previous year quarter. The latest reports confirm that consolidated revenue jumped 23.3% year-on-year to ₹4,218.9 crore with Profit After Tax (PAT) soaring 147% to ₹243.8 crore in Q4 FY26, signalling improving demand and margins in the tyre segment.
For the complete fiscal year 2025-26, consolidated net profit reached ₹697.24 crore compared to ₹471.37 crore in 2024-25, according to the company's regulatory filing. According to The New Indian Express, consolidated revenue from operations for FY26 was ₹15,678 crore as compared to ₹13,217.87 crore in FY25. The company crossed the important milestone of ₹15,000 crore revenue for the full year, accompanied by market share gains in replacement and OEM segments. Latest reports indicate that consolidated revenue grew 18.6% to ₹15,678.0 crore for FY26, with PAT rising 47.9% to ₹697.2 crore, demonstrating sustained growth momentum across all business segments.
CEAT Ltd MD & CEO Arnab Banerjee commented on the performance, stating that FY26 was a strong year with robust growth in both top line and bottom line. As reported by The New Indian Express, in Q4, the company delivered high growth across all segments including international business despite geopolitical tensions. Looking ahead, Banerjee acknowledged short-term challenges from steep increases in raw material costs but expressed confidence in mitigating these through pricing and strong cost management, while continuing capacity expansion plans. The improved profitability is expected to support potential value creation and shareholder returns, with focus remaining on successful integration of the Camso acquisition and optimizing new capacities.
The company's board of directors has approved a dividend of ₹35 for FY25-26, subject to shareholder approval. According to The New Indian Express, the Indian tyre industry production volume is expected to expand approximately four times by 2047, with revenue growing 12 times to ₹1,300 thousand crore industry by 2047. The growth is attributed to premiumization, increase in raw material prices, growing export share, electrification, and servitisation trends. CEAT ranks 22nd globally in revenue among tyre manufacturers, trailing peers like Apollo Tyres (13th) and MRF (14th), with the company focusing on affordable, sustainable solutions particularly for two-wheelers and passenger cars.
