CEAT Q2 FY27 results: revenue up 23%, PAT dips on VRS cost

Revenue growth above 20%EBITDA margin compressionExceptional itemResults View source PDF Explain this filing

CEATLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.6%Reaction day

₹3359.00

prior close

₹3277.10

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.2%-3.4% vs market

Tyres & Rubber Products peers, median of 15sector-0.1%-4.5% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Smallcap 250 and 4.5 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

+0.2

15m

+0.1

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6-1.2-3.4-0.1-4.5

Next day

-2.1-1.1-1.1+0.1-2.2

-2.1-2.2+0.2-0.0-2.0

-4.8-4.4-0.3-1.8-3.0

-4.2-5.5+1.3-3.1-1.1

-8.5-8.1-0.3-4.3-4.1

-6.6-5.0-1.5-3.6-3.0

15d

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UpDownMarket · Nifty Smallcap 250Sector · Tyres & Rubber Products peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CEAT Q2 FY27 standalone revenue rose 22.9% YoY to Rs 4,548 cr; H1 revenue up 20.6% at Rs 8,711 cr. Consolidated H1 revenue grew 24.4% to Rs 9,080 cr. Standalone PAT fell to Rs 164 cr in Q2 and Rs 262 cr in H1 from Rs 202 cr and Rs 337 cr YoY, hit by higher material costs and VRS exceptional items of Rs 13 cr. Operating margin shrank to 10.14% from 13.69%. Board appointed Sumeet Narang as Independent Director for 5 years.

Likely market impact

Strong top-line growth but profitability hit by costs and VRS charges. Watch margin recovery and volume traction.