CEAT's Q1 FY27 consolidated revenue hit Rs. 4,318 Cr, up a strong 22.3% YoY. Volume growth was healthy across segments, with International Business leading the way. However, profitability faced headwinds as EBITDA margin contracted to 8.6% and PAT dropped to Rs. 4 Cr. This was primarily due to a high-teens surge in raw material costs, impacting gross margins.
Despite cost pressures, the company saw growth supported by International Business recovery and strategic price hikes. CEAT also earned an EcoVadis Gold Medal for sustainability, ranked #4 globally among strongest tyre brands, and was recognized for best corporate governance. Debt ratios edged up slightly, with D/E at 0.65x and Debt/EBITDA at 1.58x. The focus remains on navigating rising input costs.