CEAT Limited — PPTs, 19-01-2026: Investor Presentation

**1. Business Performance:**

CEAT's Q3 FY26 consolidated revenue jumped to Rs 4,157 Cr, a strong 26% YoY and 10.2% QoQ rise. Profit After Tax (PAT) grew 60.2% YoY to Rs 155.4 Cr. EBITDA margin improved significantly to 13.7%, up 317 bps YoY. The company saw healthy volume growth across segments, particularly in Replacement and International Business.

**2. Growth Drivers or Strategy:**

Growth is driven by robust recovery and strong demand in International Business. Strategically, CEAT is focusing on sustainability, with 33% of plant power from renewable sources and 30% sustainable material use in tyres.

**3. Recent Developments:**

A notable update was an exceptional expense of ~Rs 58 Cr recorded due to new labour codes. The Ambernath Plant also earned a Gold Medal at the India Green Manufacturing Challenge for its manufacturing excellence.

**4. Key Financial Metrics:**

Key metrics include: Revenue at Rs 4,157 Cr (+26% YoY), PAT at Rs 155.4 Cr (+60.2% YoY), Debt-to-Equity ratio at 0.62x, and quarterly capex of ~Rs 254 Cr.

**5. Management Commentary / Outlook:**

Management highlights continued strong demand in the International Business. Improved leverage ratios and ongoing capex reflect a focus on future growth.