Ceat shares slip 2% after reporting 9% YoY decline in Q1 PAT

Ceat shares slipped 2% to their intraday low of Rs 3,779.25 on the BSE on Friday after the company reported its financial results for the first quarter of FY26, with a notable decrease in its net profit. The company’s profit after tax (PAT) for Q1FY26 stood at Rs 135.5 crore, reflecting a decline of 9.2% compared to Rs 149.24 crore in the corresponding period of the previous fiscal year.

Despite the dip in profit, Ceat saw an 11.1% year-on-year growth in its revenue, which rose to Rs 3,521 crore in Q1FY26 from Rs 3,168 crore in the same period last year. The revenue growth was driven by increased demand for the company’s products, which contributed to the overall sales performance during the quarter.

The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) also saw a modest increase of 2.5%, standing at Rs 391.01 crore in Q1FY26, compared to Rs 381.33 crore reported in Q1FY25. This indicates a slight improvement in the company's operating performance, although the growth in EBITDA was not as substantial as the revenue increase.


Ceat’s EBITDA margin, however, showed a contraction, falling by 93 basis points to 11.1% in Q1FY26 from 12% in Q1FY25. This decline in margin reflects a slight pressure on the company’s profitability despite the increase in revenue and EBITDA.

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Ceat share price history

The shares of Ceat have increased by 41.43% over the past year, 20.53% Year-to-Date (YTD), 27.60% in the past 6 months, 27.56% over the last 3 months, and 7.34% over the past 1 month, with no decreases reported in any of these periods.

On Thursday, the shares of Ceat closed flat at Rs 3,855.25 on the BSE.

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