CEAT Q1 FY27 Results: Revenue Up 22% YoY, PAT Crashes 96%
CEAT reported strong revenue growth in Q1 FY27, but higher raw material costs hit profitability.
CEAT Q1 FY27 Results 2027: Consolidated revenue from operations rose 22.36% YoY to ₹4,318 crore, but net profit collapsed to just ₹4 crore against ₹112 crore a year ago as West Asia-driven commodity inflation squeezed margins. EBITDA margin slipped to 8.45% from 10.97% in Q1 FY26.
CEAT Q1 FY27 Results 2027: On 16 July, after market hours, CEAT reported mixed Q1 FY27 results; its revenue from operations rose 22.36% YoY to ₹4,318 crore. However, higher raw material costs sharply impacted profitability, causing PAT to fall 96.43% to ₹4 crore and EBITDA margin to decline to 8.45%. Here is the detailed breakdown of CEAT Q1 results 2027
CEAT Q1 FY27 Results Highlights
-
CEAT Limited's consolidated revenue from operations came in at ₹4,318 crore for the quarter ended June 30, 2026, up 22.36% from ₹3,529 crore in the same quarter last year. Revenue grew a modest 2.35% over the ₹4,219 crore reported in Q4 FY26.
-
Total income, which adds other income to operating revenue, stood at ₹4,324 crore, also up 22.36% year-on-year and 1.86% over the previous quarter.
-
EBITDA fell to ₹365 crore, down 38.45% from ₹593 crore in Q4 FY26 and down 5.68% from ₹387 crore in Q1 FY26. EBITDA margin contracted sharply to 8.45%, compared with 14.06% in the preceding quarter and 10.97% a year earlier.
-
Consolidated PAT attributable to owners of the parent came in at just ₹4 crore, down 98.36% from ₹244 crore and down 96.43% from ₹112 crore in the year-ago quarter. Diluted EPS fell to ₹1.07 from ₹60.45 in Q4 FY26 and ₹27.80 in Q1 FY26.
|
Metric |
Q1 FY27 |
Q4 FY26 |
QoQ % |
Q1 FY26 |
YoY % |
|---|---|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
4,318 |
4,219 |
2.35% |
3,529 |
22.36% |
|
Total Income (₹ Cr) |
4,324 |
4,245 |
1.86% |
3,534 |
22.36% |
|
EBITDA (₹ Cr) |
365 |
593 |
-38.45% |
387 |
-5.68% |
|
EBITDA Margin % |
8.45% |
14.06% |
-561 bps |
10.97% |
-252 bps |
|
PAT (₹ Cr) |
4 |
244 |
-98.36% |
112 |
-96.43% |
|
EPS — Diluted (₹) |
1.07 |
60.45 |
— |
27.80 |
— |
Source: NSE filing, CEAT Limited Q1 FY27 Consolidated Results
CEAT Management Commentary After Q1 Results
The company said profit margins were affected by higher raw material costs due to the West Asia conflict. Managing Director & CEO Arnab Banerjee said it increased tyre prices in phases to recover part of the higher costs while keeping demand and market share intact. He also expects raw material prices to remain high in the second quarter.
CFO Kumar Subbiah said the company has already raised prices by a total of 5% and will continue to balance price hikes with cost control.
The company invests ₹300 crore in capital expenditure during the quarter to expand capacity. It also approved a ₹1,205 crore investment to increase two-wheeler tyre manufacturing capacity at its Nagpur plant, with the project to be completed in phases by FY31.
CEAT Dividend 2026 and Stock Performance
No buyback or bonus issue was announced with the Q1 FY27 results.
As of 16 July, 3.30 PM
Ahead of Q1 FY27 results, CEAT shares closed 1% higher on July 16. Despite the day's gain, the stock is up just around 1% on a year-to-date (YTD) basis. Over the one year from July 16, 2025, to July 16, 2026, the share price has declined by around 1%.