Ceat Q4 Results: Growth Picks Up Across Revenue and Profit, Shares Surge ~12%

On Tuesday, 28 April 2026, CEAT, a familiar name in the tyre manufacturing space, reported its Q4 FY26 results. It posted steady growth during the quarter, with revenue rising 23% year-on-year to ₹4,219 crore. Net profits reached ₹244 crore.

The gains were backed by better operating margins and steady traction in global markets. The company has also declared its highest dividend ever. As the company builds on this growth, what should investors be paying attention to next?

CEAT’s Q4 Numbers

• Revenue: ₹4,219 crore, up 23% year-on-year, supported by stronger international traction and an improved product mix

• Net profit: ₹244 crore, up around 145–150% year-on-year, strong profitability during the quarter

• EBITDA: Around ₹593 crore, up about 52–53% year-on-year, indicating stronger operating performance

• EBITDA margin: ~14%, compared to ~11–11.5% in the same quarter last year

• Dividend: ₹35 per share, the highest declared so far by the company

CEAT’s share price opened strong at ₹3,810 against a previous close of ₹3,516.70, and surged ~12%, but gave up some gains to trade at ₹3,639.50 around 02:04 pm.

What Does CEAT Do?

Part of the RPG Group, CEAT Limited is a tyre maker that has been around since 1924. Today, the company caters to both personal and commercial mobility. Its product range includes scooters, bikes, cars, buses, trucks, 3-wheelers and tractors.

The company operates in over 110 countries. It is backed by regional offices in key markets. In India, it has built a wide distribution network with over 400 exclusive outlets, 4,500+ dealers and more than 51,000 sub-dealers.

CEAT also works with over 27 OEM partners, alongside its presence in the replacement market.

Exports remain an important part of the mix. It has also received Lighthouse certification from the World Economic Forum, reflecting its focus on manufacturing and technology.

Also Read - Hindustan Zinc Sets 30 April As Record Date For ₹11 Interim Dividend

What Should Investors Watch Next?

The strong quarter puts the spotlight on margins going ahead. The company has indicated that raw material costs could remain volatile. Any sustained increase here may start weighing on profitability.

A lot will depend on how international markets shape up from here. Global markets have supported recent growth, but sustaining that momentum will be something to watch.

Domestically, both OEM (Original Equipment Manufacturer) and replacement demand will matter. Replacement demand can offer some stability, while OEM volumes will depend on how the auto sector performs.

The company has seen improvement in both growth and margins this quarter, and holding that balance going forward will be important.

Sources:

NDTV Profit

ET Auto

Business Standard