{"id":176603,"date":"2026-01-20T14:28:05","date_gmt":"2026-01-20T19:28:05","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=176603"},"modified":"2026-01-26T12:45:56","modified_gmt":"2026-01-26T17:45:56","slug":"ceat-ltd-shares-slide-after-q3-fy26-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ceat-ltd-shares-slide-after-q3-fy26-earnings\/","title":{"rendered":"CEAT Ltd Shares Slide After Q3 FY26 Earnings"},"content":{"rendered":"\n
CEAT Ltd (NSE: CEATLTD), an Indian tyre maker, closed lower on Tuesday with the stock at around \u20b93,710, down about 4.4% in intraday trade, reflecting cautious investor response to its latest quarterly results. The share fell from an opening near \u20b93,920, ending the session significantly below its prior close. Market data show the stock touched an intra-day high of about \u20b93,980 and a low near \u20b93,600. Today\u2019s market close price implies an intraday percentage decline of about 4.4%.<\/p>\n\n\n\n
Market Capitalisation<\/strong><\/h2>\n\n\n\n
At the market close on Jan. 20, CEAT Ltd\u2019s market capitalisation stood at approximately \u20b915,000 crore on the NSE.<\/p>\n\n\n\n
Latest Quarterly Results<\/strong><\/h2>\n\n\n\n
For the third quarter ended Dec. 31, 2025, CEAT reported consolidated revenue of \u20b94,157 crore, up 26 % from the year-ago quarter. Consolidated net profit for the period was \u20b9155 crore. EBITDA margin was reported at 13.66 %. On a standalone basis, revenue was \u20b93,957 crore, a 20 % year-on-year increase, and standalone net profit was \u20b9192 crore with an EBITDA margin of 14.08 %.<\/p>\n\n\n\n
Charts \u2013 Financial and Market Trends<\/strong><\/p>\n\n\n\n<\/figure>\n\n\n\n
Business & Operations Update<\/strong><\/h2>\n\n\n\n
CEAT\u2019s latest earnings release highlighted revenue growth across domestic and export markets, attributed in part to GST rate reductions improving domestic demand and expansion in international markets. The company recognised about \u20b958 crore in provisions related to new labour codes and maintained capex funded largely through internal accruals, with debt levels remaining broadly unchanged quarter-on-quarter.<\/p>\n\n\n\n
M&A or Strategic Moves<\/strong><\/h2>\n\n\n\n
In a prior strategic move, CEAT agreed to purchase the Camso brand from France\u2019s Michelin in a deal valued at $225 million, aimed at expanding its off-highway tyre segment, including two manufacturing facilities in Sri Lanka.<\/p>\n\n\n\n
Equity Analyst Commentary<\/strong> Institutional research has previously noted valuation considerations on CEAT\u2019s stock. In mid-2025, ICICI Securities revised its assessment on CEAT to a \u201cHold\u201d stance, reflecting expectations of limited near-term upside given valuation levels.<\/p>\n\n\n\n
Guidance & Outlook<\/strong><\/h2>\n\n\n\n
While the company did not issue explicit guidance in the recent press release, market observers will watch for seasonal demand trends in automotive tyre segments, raw material price movements, and execution of capacity expansions in PCR and TBR plants.<\/p>\n\n\n\n
Performance Summary<\/strong><\/h2>\n\n\n\n
CEAT\u2019s stock fell about 4.4% on Jan. 20 after markets digested its Q3 FY26 numbers showing higher revenue and improved margins. Consolidated quarterly revenue rose 26 % to \u20b94,157 crore, with net profit at \u20b9155 crore. Segment performance signals growth across both standalone operations and consolidated results.<\/p>\n","protected":false},"excerpt":{"rendered":"
CEAT Ltd (NSE: CEATLTD), an Indian tyre maker, closed lower on Tuesday with the stock at around \u20b93,710, down about 4.4% in intraday trade, reflecting cautious investor response to its latest quarterly results. The share fell from an opening near \u20b93,920, ending the session significantly below its prior close. Market data show the stock touched […]<\/p>\n","protected":false},"author":2397,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941],"tags":[10022],"class_list":["post-176603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","tag-tyres-industry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142174,"url":"https:\/\/alphastreet.com\/india\/castrol-india-ltd-nse-ceat-latest-results-out-total-income-rise-13-yoy\/","url_meta":{"origin":176603,"position":0},"title":"CEAT Ltd. (NSE: CEAT): Q3FY23 Results Out; Total Income rise 13% YoY","author":"Divyansh_Kasana","date":"February 17, 2023","format":false,"excerpt":"CEAT Ltd. (NSE: CEAT) is a leading tire manufacturing company in India, founded in 1958. The company offers a wide range of tires for various types of vehicles, including two-wheelers, cars, SUVs, and commercial vehicles. CEAT also exports its products to more than 100 countries worldwide. CEAT has manufacturing facilities\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145058,"url":"https:\/\/alphastreet.com\/india\/earnings-ceat-limited-nse-ceatltd-q4fy23-results-out-total-income-rises-11-yoy\/","url_meta":{"origin":176603,"position":1},"title":"Earnings | CEAT LIMITED. (NSE: CEATLTD): Q4FY23 Results Out; Total Income rises 11% YoY.","author":"Divyansh_Kasana","date":"May 4, 2023","format":false,"excerpt":"CEAT Limited is an Indian tyre manufacturing company founded in 1958. The company produces a wide range of tyres for two-wheelers, cars, trucks, buses, and other commercial vehicles. CEAT is one of the leading tyre manufacturers in India and has a significant presence in international markets. CEAT is committed to\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-17.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":135765,"url":"https:\/\/alphastreet.com\/india\/ceat-q2fy23-net-profits-drops-85-due-to-higher-input-costs\/","url_meta":{"origin":176603,"position":2},"title":"CEAT Q2FY23 net profits drops 85% due to higher input costs","author":"Chirag Gupta","date":"November 8, 2022","format":false,"excerpt":"Ceat Ltd, India's leading tyre making company reported a bigger-than-expected 85% fall in second-quarter profit due to higher input costs. Consolidated net profit fell to \u20b96.4 crore in the three months ended Sept. 30, from \u20b942.28 crore a year earlier. Similarly, Ceat's revenue from operations rose 18.1% to \u20b92,894 crore\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"trending stocks high volatility","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171643,"url":"https:\/\/alphastreet.com\/india\/ceat-q2-fy26-profit-jumps-54-on-strong-market-demand\/","url_meta":{"origin":176603,"position":3},"title":"CEAT Q2 FY26: Profit Jumps 54% on Strong Market Demand","author":"Divyansh_Kasana","date":"October 20, 2025","format":false,"excerpt":"CEAT Ltd. is one of India\u2019s leading tyre manufacturers and part of the RPG Group since 1982. Founded in 1958, it is recognized as one of the fastest-growing tyre companies in India and was among the Top 25 best workplaces in Manufacturing by GPTW in 2022. CEAT Q2 FY26 Earnings\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"CEAT","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/CEAT.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149006,"url":"https:\/\/alphastreet.com\/india\/ceat-ltd-cutting-edge-innovations\/","url_meta":{"origin":176603,"position":4},"title":"CEAT Ltd: Cutting-Edge Innovations.","author":"Divyansh_Kasana","date":"July 6, 2023","format":false,"excerpt":"Stock Data: TickerNSE: CEATLTDExchangeNSEIndustryTYRE MANUFACTURING Price Performance: Last 5 Days+18.76%YTD+51.50%Last 12 Months+120.03%As on 06-07-2023 Company Description: CEAT Ltd is a prominent tire manufacturing company that has established itself as a trusted brand in the automotive industry. The company offers a diverse range of tires for motorcycles, cars, SUVs, and commercial\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/Web-capture_6-7-2023_17343_infograph.venngage.com_.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/Web-capture_6-7-2023_17343_infograph.venngage.com_.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/Web-capture_6-7-2023_17343_infograph.venngage.com_.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/Web-capture_6-7-2023_17343_infograph.venngage.com_.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":166475,"url":"https:\/\/alphastreet.com\/india\/ceat-ltd-q3fy25-46-fall-in-profits\/","url_meta":{"origin":176603,"position":5},"title":"CEAT Ltd Q3FY25; 46% fall in Profits","author":"Divyansh_Kasana","date":"January 22, 2025","format":false,"excerpt":"CEAT, established in 1958, is one of the largest tyre manufacturers and one of the fastest-growing tyre companies in India. CEAT became a part of the RPG Group in 1982. It is amongst the Top 25 best workplaces in Manufacturing by GPTW for 2022. Financial Results: CEAT Ltd reported Revenues\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/E-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/176603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2397"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=176603"}],"version-history":[{"count":3,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/176603\/revisions"}],"predecessor-version":[{"id":177729,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/176603\/revisions\/177729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=176603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=176603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=176603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-19.png\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-20.png\")
<\/figure>\n\n\n\n