CEAT Q4 profit zooms over two-fold to ₹244 crore, revenue up 23%; ₹35/share dividend recommended

The RPG Group firm posted a 145.1% year-on-year (YoY) surge in its consolidated net profit to ₹243.85 crore during the quarter under review, compared to ₹99.49 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

Its revenue from operations advanced by 23% YoY to ₹4,219 crore in Q4 FY26, as against ₹3,421 crore in the same period of the previous fiscal year.

Its EBITDA (earnings before interest, tax, depreciation, and amortisation) margin is at 14.18%.

Final dividend

The board of directors of Ceat recommended a dividend of ₹35 per equity share, i.e., 350% per equity share of face value of ₹10 each fully paid up, for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting (AGM).

What the management said

Commenting on the results, Arnab Banerjee, MD & CEO, CEAT Ltd, said: “FY26 has been a strong year where we delivered robust growth in top line as well as in bottom line. We crossed an important milestone of ₹15,000 crores of revenue, accompanied by market share gains in replacement and OEMS. We successfully closed the CAMSO deal during the year.”

In Q4, the company delivered high growth in all segments, including international business, despite geopolitical tensions, Banerjee added.

Looking ahead, he said that while there is a momentum on the top line, the firm has short-term challenges on the supply chain and costs due to the steep increase in raw material costs that it intends to mitigate through pricing and strong cost management.

Furthermore, the firm intends to continue expanding its capacities in line with its growth plans, Banerjee stated.

“In Q4, we improved operating margins by over 51 bps, driven by a sharper focus on operating efficiencies, scale and disciplined cost management. For the year, we delivered our highest-ever profit of ₹ 697 crore,” Kumar Subbiah, CFO of CEAT Limited, said.

He stated that Ceat’s balance sheet has continued to be strong, and leverage ratios have remained healthy to provide growth capital to the business.

While gross debt has increased, Subbiah added that the company remains “committed to maintaining a cautious leverage profile with adequate liquidity.”

“Looking ahead, we will stay focused on strengthening cash flows and disciplined capital allocation. In line with our commitment to deliver sustained value to our shareholders, supported by strong financial performance, the Board has recommended a dividend of 350% per equity share for the year, which is subject to shareholders' approval,” Subbiah noted.

CEAT stock performance

Shares of CEAT closed 0.52% lower at ₹3,516.70 apiece on the National Stock Exchange (NSE) on Tuesday. However, the results were announced after the market closed.

The scrip has declined 7% in the past week but gained 2% over the month. On a year-to-date basis, it has fallen 6%.

While the stock hit a 52-week high of ₹4,438 per unit on October 23, 2025, it touched a year’s low of ₹2,984.50 per equity share on April 28, 2025.

Ceat has a total market capitalisation of ₹14,278.88 crore as of April 28, 2026, according to data on the NSE.