CEAT Limited — Updates, 15-01-2025: Press Release

Consolidated revenue for CEAT Limited stood at Rs. 3,299.9 crore, reflecting an 11.4% increase year-on-year for the quarter. The EBITDA margin dipped to 10.5%, impacted by rising raw material costs, despite successful price adjustments in select categories. Net profit dropped to Rs. 97.0 crore. Operational performance signals a strong recovery trajectory within the replacement and international segments, although demand remains stable. Capital expenditure was reported at Rs. 283 crore, fully financed by internal accruals, maintaining a stable debt level of Rs. 1,835 crore.

The company’s robust order book and flattish raw material prices suggest ongoing momentum into the next quarter, reinforcing a positive outlook. Follow closely as these elements could position CEAT for future stability, despite current margin pressures. The ongoing global recovery in the automotive industry may offer growth opportunities, making CEAT a stock to watch in the coming months.