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HomeMarket NewsCEAT shares jump up to 12% on margin expansion, healthy volumes in Q4
Volume growth remained healthy across segments, led by strong traction in OEM and international markets, while the replacement segment remained largely flat.
By CNBCTV18.com April 29, 2026, 12:09:47 PM IST (Published)
1 Min Read
Shares of CEAT Ltd. surged as much as 12% on Thursday, April 29, after the company reported a strong set of quarterly numbers, driven by robust volume growth and margin expansion.
Revenue rose 23% year-on-year to ₹4,219 crore from ₹3,421 crore, while EBITDA jumping 52% to ₹598 crore from ₹394 crore. This translated into a margin expansion to 14.2% from 11.5% a year ago.
Gross margins also strengthened on a yearly basis, coming in at 39.7% compared to 37.5% last year, although they saw a marginal contraction of 26 basis points sequentially.
The raw material basket remained largely stable on a quarter-on-quarter basis. Volume growth remained healthy across segments, led by strong traction in OEM and international markets, while the replacement segment remained largely flat.
Realisations were broadly unchanged sequentially and saw a marginal uptick on a yearly basis.
Trading activity in the stock picked up sharply, with around 15 lakh shares changing hands in the first two hours, significantly higher than the 20-day average of about 35,000 shares for that time of day.
Delivery volumes were also elevated, with around 18% of traded shares marked for delivery by 11 am.
