CEAT (CEAT)
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Tyre margins skid on costly rubber, firms mull more price hikes | Today News
New Delhi: A sharp rise in natural and synthetic rubber prices, driven by erratic weather and the West Asia war, is squeezing the margins of India’s tyre makers and prompting them to consider further price hikes. And strong demand from automakers is also seen giving them some room to pass on higher costs, according to companies and industry experts. Top tyre makers, such as Ceat and JK Tyres, have seen their margins erode due to a rise in prices of raw materials, including rubber.
CEAT Q1 results worsen by 96%
Tyre manufacturer CEAT reported a severe Q1 loss, with its net profit dropping dramatically. The company faces challenges from raw-material inflation and cost recovery.
Ceat targets Camso EBITDA break-even by March 2027
CEAT Ltd is betting on stronger sales, higher capacity utilisation and the transfer of customers from Michelin to turn around its $225-million Camso acquisition, which is still operating at a loss but is moving closer to break-even. The off-highway tyre business recorded 35 per cent sequential sales growth in the September quarter, while its negative operating margin narrowed from around 10 per cent to 2 per cent.
CEAT to raise tyre prices 4-6% on raw material inflation
Tyre maker CEAT Ltd plans to raise prices across categories by 4-6 per cent this quarter to offset higher raw material costs, its Managing Director and CEO Arnab Banerjee said on Wednesday. Although the company has raised prices in the last two quarters, it could not fully offset inflation in major raw materials such as rubber and petroleum-based items. This was reflected in its second-quarter earnings, where profit plunged nearly 40 per cent, and margins fell into single digits.
CEAT Q2 profit falls on commodity costs, plans price hikes
CEAT Q2 profit falls as costs bite, bets on H2 FY27 growth with more price hikes - Published OnOct 14, 2026 | 19:15 IST - Last Updated OnOct 14, 2026 | 19:15 IST CEAT reported a year-on-year decline in second-quarter profit despite strong revenue growth, as elevated commodity costs weighed on margins. The tyre maker expects cost pressures to persist and plans further calibrated price hikes.
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