CEAT logo

CEAT share price

NSE: CEATLTDBSE: 500878Auto ComponentsSmall Cap

CEAT Limited · Face value ₹10 · Listed Jun 1958 on BSE, Feb 2008 on NSE
Last close ₹3,134.70down ₹11.50 (0.37%)BSE ₹3,135.10

Share price at the NSE close on 28 Oct 2026. Previous close ₹3,146.20.

28 Oct: open ₹3,138.40, high ₹3,149.50, low ₹3,097.70

52-week range of traded prices to 28 Oct 2026
₹3,012.60Low, 23 Oct 2026₹4,199.00High, 4 Nov 2025
Market cap
₹12,680 Cr448th largest listed
P/E
24.59
P/E without one-offs
21.01
P/B
2.56
Dividend yield
1.12%
ROE
10.8%
ROE without one-offs
12.7%
ROCE
13.9%
Debt to equity
0.77
Volume, NSE
1,38,49481.8% delivered

CEAT share price chart

Daily closes since Jan 2007, BSE closes Jan 2007 to Dec 2007, adjusted for splits and bonuses

−23.2%over a year · Nifty Smallcap 250 −2.1% · Nifty 500 −8.8%

ResultsDividend20-session average 87,552 shares a day, 41.9% delivered

About CEAT

CEAT Limited makes tyres, tubes and flaps for two-wheelers, passenger cars, trucks, buses, light commercial vehicles and farm machines, and off-highway tyres and tracks for compact construction equipment.123 It sells to vehicle makers for fitting on new vehicles, to vehicle owners through dealers and retailers, and to fleet operators and transport agencies, in India and abroad.41 Headquartered in Mumbai, it is part of the RPG Group.3

It was incorporated in 1958.5 Its brands include EnergyDrive, EnergyRide and WinEnergy tyres for electric vehicles, 4SeasonDrive all-season car tyres, SportRad superbike tyres and SecuraLyfe scooter tyres.36 It sells through more than 5,700 dealers and about 50,000 sub-dealers in India.2 It serves customers in more than 110 countries, with the United States, Brazil, the UAE, the UK and Europe as key export markets for its CEAT and CAMSO businesses.75 It says it was the first tyre company in the world to receive the Deming Grand Prize, a quality-management award, which it won in 2023.8 It has a research and development centre in Frankfurt, Germany, and opened a compound laboratory (for developing rubber mixes) at Ambernath in September 2025.59

Its promoters are H.V. Goenka, its chairman, and Anant Goenka, its vice chairman; the RPG Group's other companies include KEC International, Zensar Technologies and Harrisons Malayalam.1011 In Sri Lanka it holds half of CEAT-Kelani Holdings, which runs 2 tyre plants there; it also holds 70% of CEAT AKKHAN in Bangladesh and all of Tyresnmore Online, which sells and fits tyres.121314

CEAT key points

Results

  • In the quarter to Sep 2026, consolidated revenue was ₹4,762 crore, up about 26.2% from a year earlier and its highest for any quarter, the company said.15
  • In the quarter to Sep 2026, consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹452 crore, 9.5% of revenue, and consolidated profit after tax was about ₹112 crore, against about ₹186 crore a year earlier.1617
  • In the year to Mar 2026, consolidated revenue crossed ₹15,000 crore to reach ₹15,678 crore, up nearly 19%, and consolidated EBITDA rose 38% to ₹2,06,300 lakh.1819
  • Consolidated net profit for the year to Mar 2026 rose 48% to ₹69,724 lakh, from ₹47,137 lakh, and the board recommended a dividend of ₹35 a share, the highest in the company's history.202122

Raw material costs

  • In the quarter to Sep 2026, raw-material prices rose about 8% to 9% over the previous quarter; consolidated EBITDA margin was about 403 basis points (hundredths of a percentage point) below a year earlier, which the company put largely down to raw-material costs.23
  • On its earnings call of 15 Oct 2026, the company said it expects raw-material costs to rise about 3% to 3.5% in the quarter to Dec 2026 over the quarter to Sep 2026.24

Market position

  • On its earnings call of 15 Oct 2026, the company said its share of business in tyres supplied to makers of electric vehicles was about 25% in four-wheelers and in excess of 30% in two-wheelers.25

Revenue mix

  • Standalone revenue by market26
    Itemhalf year to Sep 2026half year to Sep 2025
    Replacement (sales to vehicle owners)50%52%
    Vehicle makers (OEM)30%29%
    Exports20%19%
  • Manufacturing mix by vehicle category, as the company states it27
    Itemyear to Mar 2026
    Trucks and buses29%
    Two- and three-wheelers27%
    Passenger cars and utility vehicles22%
    Off-highway15%
    Light commercial vehicles and others7%

Plants and capacity

  • The company has 6 plants in India and made more than 4.50 crore tyres in the year to Mar 2026, up from 3.96 crore a year earlier, with more than 80% of its capacity in use.2829
  • Its plants include Chennai and Halol, making radial tyres for passenger cars, trucks, buses and light commercial vehicles; Nashik, truck, bus and farm tyres; Nagpur, two- and three-wheeler tyres; and Ambernath, farm and industrial tyres for export and domestic customers.30

CAMSO acquisition

  • The company acquired Michelin's CAMSO business, which makes off-highway tyres and tracks for compact construction equipment, effective 1 Sep 2025.3132
  • On its earnings call of 15 Oct 2026, the company said it had taken over 85% of CAMSO's customers by the end of Sep 2026; end-customer revenue was about $10 million a month, reaching its own accounts as customers move across.33
  • On its earnings call of 15 Oct 2026, the company said it expects CAMSO volumes in the half year to Mar 2027 to be about 20% above the previous half, with the business approaching EBITDA neutrality or turning positive.34

Expansion and capital spending

  • In the quarter to Sep 2026, standalone capital spending was about ₹493 crore, including over ₹120 crore at Nagpur, where two-wheeler capacity is rising from 80,000 to 100,000 tyres a day, and about ₹280 crore at Chennai.353637
  • The company stated in its annual report for the year to Mar 2026 that it is raising Chennai's passenger car and utility vehicle tyre capacity from about 95 lakh to 130 lakh a year by the year to Mar 2028.38
  • On its earnings call of 15 Oct 2026, the company said it aims to keep standalone capital spending, including maintenance, at around ₹1,400 crore in the year to Mar 2027, plus ₹100 crore to ₹150 crore for CAMSO's upstream equipment.3940
  • On its earnings call of 15 Oct 2026, the company said it would like to keep debt at about 2.0 to 2.1 times EBITDA this year; consolidated debt was ₹3,846 crore at the end of Sep 2026.4142

Litigation and regulatory matters

  • As of its annual report of 23 Jul 2026, the Competition Commission of India's appeal against an appellate tribunal's order sending its ₹252.16 crore penalty on the company back for review was pending before the Supreme Court.4344
  • Separately, the Commission's investigator found that the company and its agent engaged in cartelisation in a Himachal Pradesh state transport tender of 2013; as of its annual report of 23 Jul 2026, the company had submitted objections.45
  • In its exchange filing of 27 Aug 2026, the company said the Thane appeals commissioner for goods and services tax (GST) ruled in its favour on a ₹107 crore GST demand over supplying tubes and flaps with tyres as a composite supply.46

Last updated

All 46 sources, each with its page
  1. 1. Annual report, 23 Jul 2026, page 98
  2. 2. Annual report, 23 Jul 2026, page 6
  3. 3. Annual report, 23 Jul 2026, page 5
  4. 4. Annual report, 23 Jul 2026, page 64
  5. 5. Annual report, 23 Jul 2026, page 64
  6. 6. Annual report, 23 Jul 2026, page 24
  7. 7. Annual report, 23 Jul 2026, page 5
  8. 8. Annual report, 23 Jul 2026, page 23
  9. 9. Annual report, 23 Jul 2026, page 24
  10. 10. Annual report, 23 Jul 2026, page 58
  11. 11. Annual report, 23 Jul 2026, page 3
  12. 12. Annual report, 23 Jul 2026, page 47
  13. 13. Exchange filing, 23 Sep 2026, page 1
  14. 14. Exchange filing, 23 Sep 2026, page 3
  15. 15. Earnings call, 15 Oct 2026, page 5
  16. 16. Earnings call, 15 Oct 2026, page 6
  17. 17. Earnings call, 15 Oct 2026, page 8
  18. 18. Annual report, 23 Jul 2026, page 8
  19. 19. Annual report, 23 Jul 2026, page 46
  20. 20. Annual report, 23 Jul 2026, page 46
  21. 21. Annual report, 23 Jul 2026, page 39
  22. 22. Annual report, 23 Jul 2026, page 19
  23. 23. Earnings call, 15 Oct 2026, page 6
  24. 24. Earnings call, 15 Oct 2026, page 6
  25. 25. Earnings call, 15 Oct 2026, page 15
  26. 26. Investor presentation, 14 Oct 2026, page 8
  27. 27. Annual report, 23 Jul 2026, page 21
  28. 28. Annual report, 23 Jul 2026, page 14
  29. 29. Annual report, 23 Jul 2026, page 21
  30. 30. Annual report, 23 Jul 2026, page 6
  31. 31. Annual report, 23 Jul 2026, page 134
  32. 32. Annual report, 23 Jul 2026, page 189
  33. 33. Earnings call, 15 Oct 2026, page 14
  34. 34. Earnings call, 15 Oct 2026, page 9
  35. 35. Earnings call, 15 Oct 2026, page 6
  36. 36. Earnings call, 15 Oct 2026, page 7
  37. 37. Annual report, 23 Jul 2026, page 21
  38. 38. Annual report, 23 Jul 2026, page 21
  39. 39. Earnings call, 15 Oct 2026, page 7
  40. 40. Earnings call, 15 Oct 2026, page 13
  41. 41. Earnings call, 15 Oct 2026, page 13
  42. 42. Earnings call, 15 Oct 2026, page 7
  43. 43. Annual report, 23 Jul 2026, page 82
  44. 44. Annual report, 23 Jul 2026, page 82
  45. 45. Annual report, 23 Jul 2026, page 82
  46. 46. Exchange filing, 27 Aug 2026, page 2

Results

Consolidated; ₹ crore.CEAT quarterly results

Revenue growth, 12 months
+24.5%
Net profit growth, 12 months
+4.2%

Quarter to Sep 2026, against the quarter before

Revenue
₹4,762 Crup 10.28%
Net profit
₹112 Crup 2,700.00%
Net margin
2.4%

Revenue by quarter

₹3,300 CrDec 24₹3,421 CrMar 25₹3,529 CrJun 25₹3,773 CrSep 25₹4,157 CrDec 25₹4,219 CrMar 26₹4,318 CrJun 26₹4,762 CrSep 26
Peak revenue ₹4,762 Cr, quarter to Sep 2026; lowest ₹3,300 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹97 CrDec 24₹99 CrMar 25₹112 CrJun 25₹186 CrSep 25₹155 CrDec 25₹244 CrMar 26₹4.00 CrJun 26₹112 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue3,3003,4213,5293,7734,1574,2194,3184,762
Net profit97991121861552444112
Net margin2.9%2.9%3.2%4.9%3.7%5.8%0.1%2.4%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Automotive Tyres,Tracks,Tubes and Flaps, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.CEAT PE ratio and valuation

Price to earnings

At or below today's level on 65% of 2,173 trading days over the last 10 years.

LowestHighest
Its median17.10Industry median20.73
Price to book

At or below today's level on 65% of 1,984 trading days since Oct 2018.

LowestHighest
Its median1.95Industry median1.93
Dividend yield

At or below today's level on 74% of 2,430 trading days over the last 10 years.

LowestHighest
Its median0.90%Industry median1.43%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+13.7%+47.9%−23.8%1.1%
3 years+31.8%+55.4%−15.9%1.1%
5 years+16.7%+10.1%+5.2%0.9%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.CEAT shareholding pattern

Shareholding by group

  • Promoters47.29%
  • Foreign institutions13.41%
  • Indian institutions23.26%
  • Individuals and others15.70%
  • Employee trusts0.34%
Holder
INSTANT HOLDINGS LIMITEDPromoter29.51%
SWALLOW ASSOCIATES LLPPromoter11.09%
INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGYForeign portfolio investors, category I4.41%
STEL HOLDINGS LIMITEDPromoter3.74%
SUMMIT SECURITIES LIMITEDPromoter2.59%
TATA AIA LIFE INSURANCE COMPANY LIMITED A/C SMALL CAP DISCOVERY FUND (ULIF 071 22/05/23 SCF 110)Insurance companies1.40%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.41 pts, Indian institutions +1.06 pts, mutual funds +0.90 pts.

Mutual fund holdings

87 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 41 of the 49 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 87 funds holding CEAT

Bought for the first time
1
Added
21
Cut
28
Held unchanged
37
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.CEAT insider trading

Bought on the market Sold on the market
  • Promoters and promoter group3 purchases, 0 sales₹12 CrNo saleNet₹12 Cr
  • Others13 purchases, 0 sales₹26 CrNo saleNet₹26 Cr1 pledge filing of unclear kind
  • Employees: no market trade · 1 off-market move
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

CEAT competitors and peers

Tyres & Rubber Products, 20 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to CEAT in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
MRF logoMRFMRF50,05420.732.39+11.4%+34.3%12.2%13.1%0.20%
Balkrishna Industries logoBalkrishna IndustriesBALKRISIND40,62828.903.71+9.8%−3.3%13.2%11.6%0.76%
Apollo Tyres logoApollo TyresAPOLLOTYRE24,58514.391.47+11.2%+105.3%10.9%13.4%1.55%
JK Tyre & Industries logoJK Tyre & IndustriesJKTYRE8,78017.741.45+12.5%−7.6%8.8%10.0%1.31%
TVS Srichakra logoTVS SrichakraTVSSRICHAK3,21334.782.70+18.6%+244.5%7.8%8.5%0.90%
Goodyear India logoGoodyear IndiaGOODYEAR1,57229.162.59+0.8%+21.9%8.9%11.8%3.89%
Megamont logoMegamontMEGAMONT537–15.89––−0.8%0.6%0.00%
Tolins Tyres logoTolins TyresTOLINS32710.030.90+3.5%−16.6%9.5%10.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.CEAT dividend history

Dividend per share, ₹, restated for later splits and bonuses

12Mar 1712Mar 1812Mar 1912Mar 2018Mar 213Mar 2212Mar 2330Mar 2430Mar 2535Mar 26
Highest ₹35.00 a share, year to Mar 2026.
Ex-dateTypePer share
31 Jul 2026Final₹35.00
8 Aug 2025Final₹30.00
9 Aug 2024Final₹30.00
20 Jun 2023Final₹12.00
10 Jun 2022Final₹3.00
27 Aug 2021Final₹18.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.CEAT announcements

CEAT share price by year

Each calendar year to 2025.CEAT share price history

YearClose at year endChangeHighest closeLowest close
20253,812.60+18.0%4,302.702,382.00
20243,232.35+33.2%3,415.752,235.90
20232,427.00+47.8%2,515.551,371.00
20221,642.50+35.2%1,937.55897.65
20211,215.25+12.4%1,669.401,076.05
20201,080.95+9.3%1,170.30621.30
2019988.85−24.3%1,309.55803.45
20181,306.40−33.0%2,001.951,016.00
20171,950.85+67.7%2,003.201,085.85
20161,163.10+10.6%1,398.10772.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 20263,130.903,162.103,115.003,146.203,145.4735,35057.8%
26 Oct 20263,063.303,139.503,020.203,119.803,096.9073,40851.6%
23 Oct 20263,200.003,206.203,012.603,060.203,063.491,65,80439.1%
22 Oct 20263,206.203,230.003,147.103,203.203,199.8046,08127.0%
21 Oct 20263,295.003,304.703,199.003,206.203,224.5954,17346.1%
19 Oct 20263,290.903,314.303,254.203,290.503,288.4259,86235.0%
16 Oct 20263,232.503,366.903,232.503,294.903,309.442,69,96423.3%
15 Oct 20263,277.103,300.003,186.703,222.103,231.583,54,67137.5%
14 Oct 20263,291.003,432.903,282.103,357.903,372.021,93,27229.3%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
Harsh Vardhan Goenka
At the end of the quarter to Sep 2026
Managing director and CEO
Arnab Banerjee
At the end of the quarter to Sep 2026
NSE symbol
CEATLTD
BSE code
500878
ISIN
INE482A01020
Industry
Auto Components
CIN
L25100MH1958PLC011041
Corporate identity number, the registrar of companies' code for it
Incorporated
1958
Registered office
RPG House, 463, Dr Annie Besant Road, Worli, Mumbai 400030, Maharashtra
Share registrar
NSDL Database Management Ltd
Keeps the register of shareholders and handles transfers and dividend payments