Press Release
CEATLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CEAT Limited reported strong FY26 results with standalone revenue from operations growing 15.5% to ₹1,52,149 lakhs from ₹1,31,717 lakhs in FY25. Net profit after tax surged 68.5% to ₹81,272 lakhs compared to ₹48,210 lakhs in the previous year, driven by improved operating margins which expanded from 11.28% to 13.42%. The Board recommended a dividend of ₹35 per equity share (350%) for FY26, subject to shareholder approval. The auditors (BSR & Co. LLP) issued an unmodified (clean) opinion on both standalone and consolidated financial statements. Exceptional items of ₹7,073 lakhs were recorded primarily due to VRS compensation (₹1,292 lakhs) and incremental labour code obligations (₹5,781 lakhs). The company also announced plans to raise credit facilities up to ₹1,000 crores during FY27.
The 68.5% PAT growth and margin expansion signal strong operational performance. The clean audit and dividend announcement are positive for shareholders. The increased debt-equity ratio (0.59 vs 0.45) warrants monitoring but remains within comfortable limits.