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Ceat Tyres Limited

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uuid0004tdd

Namestring
Ceat Tyres Limited
Legal namestring
CEAT Limited
Websiteurl
ceat.com
Company typeenum
Public
Founded yearint
1958
Descriptiontext

CEAT Tyres Limited, founded in 1958 and headquartered in Mumbai, is an Indian tyre manufacturer and the flagship company of the RPG Group conglomerate. The company is publicly listed on the NSE and BSE under the ticker CEAT and operates manufacturing facilities in India (notably Chennai and Nagpur) with an annual production capacity exceeding 41 million tyres. CEAT sells tyres across passenger vehicles, two-wheelers, scooters, commercial vehicles, and off-highway applications, with product families spanning SportDrive, SecuraDrive, Milaze, Gripp, Zoom, WinSuper/WinMile/WinLoad for commercial use, EnergyDrive EV for electric vehicles, and the acquired Camso brand for off-highway and agricultural equipment. Through the August 2023 acquisition of Tyresnmore.com and the late-2024 acquisition of Michelin's Camso off-highway business, CEAT extended into e-commerce aftermarket channels and into the EU and North American off-highway tyre and track segments.

The company generates revenue primarily through unit hardware sales of tyres to OEM automotive manufacturers, a replacement market network of 3,400+ active dealers and 400+ exclusive CEAT outlets across India, direct e-commerce via ceat.com, and international exports to over 110 countries. Major OEM customers include Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota, MG, Royal Enfield, Bajaj, Hero, and TVS in India, and CNH, Bobcat, Doosan, Vermeer, and Prinoth in the off-highway segment via Camso. Manufacturing leverages Industry 4.0 automation, AI, and machine learning at the Chennai plant, which has received the World Economic Forum Lighthouse Designation, the first for any tyre brand globally. CEAT has also expanded into cricket equipment (bats, protective gear) under brands such as Hitman, Zoom, and Secura as a brand-extension marketing channel.

For FY26, CEAT reported revenue of approximately Rs 15,678 crore, consolidated net profit of Rs 813 crore (a near 70% year-over-year jump), and Q4 profit more than doubling to Rs 243.8 crore, with consolidated debt of Rs 3,011 crore at end of Q4 FY26 and capacity utilization exceeding 90%. Management has committed to Rs 4,500 crore of investment to expand the Chennai plant from 24,000 to 40,000 tyres per day by September 2027, plus an additional Rs 1,300 crore for passenger car radial capacity, with FY27 India capex of Rs 1,350-1,400 crore. The Camso acquisition targets $1 billion in annual revenue opportunity and 20% operating margins in the off-highway segment.

Short descriptiontext

CEAT Tyres Limited is an Indian tyre manufacturer founded in 1958 and part of RPG Group, producing passenger, two-wheeler, commercial, and off-highway tyres for OEM and replacement markets across 110+ countries. It serves major OEMs including Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota, Royal Enfield, and Bajaj, and expanded into EU and North America via the Camso acquisition.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
automotive tyres, passenger vehicle tyres, commercial vehicle tyres, two-wheeler tyres, off-highway tyres
Industry6 codes
PRIMARYIMACAIAK
Tires Manufacturing
Industrials, Manufacturing & Construction/Automotive & Mobility Manufacturing/Automotive Chassis, Suspension, Steering & Braking Systems
SECONDARYIMANAKAB
Light Truck/SUV Tires Manufacturing
SECONDARYIMANAKAF
Motorcycle & Scooter Tires Manufacturing
SECONDARYIMANAKAD
Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing
SECONDARYIMANAKAE
Agricultural Tires Manufacturing
SECONDARYTLAKAAAD
Tire & Wheel Services (Mount/Balance/Alignment)
Transportation & Logistics/Vehicle & Equipment Maintenance, Repair & Services (MRO)/Automotive Repair & Maintenance (Light-Duty Vehicles)
NAICS code4 codes
  • Tire Manufacturing (except Retreading)326211
  • Tire Manufacturing32621
  • Motorcycle, Bicycle, and Parts Manufacturing336991
  • Tire and Tube Merchant Wholesalers42313
SIC code3 codes
  • Tires & Inner Tubes3011
  • Motorcycles, Bicycles & Parts3751
  • Wholesale-Motor Vehicle Supplies & New Parts5013
Product category
Tyre Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Tyre Sales
TypeHardware Sales
Description

Primary revenue from manufacturing and selling tyres across multiple vehicle segments including cars, SUVs, two-wheelers, three-wheelers, commercial vehicles, and off-highway vehicles. Revenue milestone of Rs 15,678 crore crossed for FY26.

ceat.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Standard replacement tyres
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Tyre prices vary by vehicle type, size, and tyre pattern. Examples: Honda Aviator tyre approximately Rs 1,443 for specific pattern.

ceat.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1CEAT Specialty
Description

Specialty tyres division for off-highway and agricultural tyres operating at ceatspecialty.com

ceat.com
+2 more records
Core offering1 text field

CEAT manufactures and sells tyres across multiple vehicle segments including passenger cars, SUVs, two-wheelers, scooters, commercial vehicles (trucks and buses), farm equipment, and off-highway machinery. The company supplies original equipment to automotive OEMs and serves the replacement market through 400+ exclusive outlets, 3,400+ dealers, an e-commerce platform, and exports to 110+ countries. CEAT also retails cricket equipment and operates Tyresnmore.com as an online tyre retail channel.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Crossed Rs 15,678 crore annual revenue milestone for FY26
+3 more records
Product overview1 text field

CEAT Tyres Limited is an Indian tyre manufacturer and flagship company of RPG Enterprises, established in 1958 and headquartered in Mumbai. The company offers a comprehensive portfolio of tyres across multiple segments including car tyres (SportDrive, SecuraDrive, EnergyDrive EV for EVs, CrossDrive AT, Milaze X3/X5), motorcycle tyres (SecuraLYFE, Gripp, Zoom, Steel Radials series), scooter tyres (Zoom Plus, Zoom D, Secura Neo, Gripp X3, Milaze), and commercial vehicle tyres (WINSUPER, WINMILE, WINENERGY, WINLOAD, FM SUPER, HCL SUPER, MILE XL, LYFMAX, ROCKMAX series). Additionally, CEAT produces cricket equipment including bats (Professional Autograph Bat, Alpha Tennis Bat, Hitman Signature Edition) and protective gear (abdominal guards, thigh guards under Zoom, Secura, and Maestro brands). The company also offers an e-commerce platform for online tyre purchases with home delivery and fitment services.

Product and service10 records
1CEAT SecuraDrive
CategoryPassenger Car Tyres
Description

Passenger car tyre offering from CEAT focused on safety and road grip for everyday driving.

2CEAT SportDrive
CategoryPassenger Car Tyres
Description

Performance-oriented passenger car tyre for drivers seeking enhanced handling and high-speed stability.

3CEAT Milaze
CategoryPassenger Car Tyres
Description

Long-life passenger car tyre positioned for high mileage and durability in everyday use.

4CEAT CrossDrive
CategorySUV / Crossover Tyres
Description

SUV and crossover tyre designed for mixed on-road and light off-road usage.

5CEAT EnergyDrive EV
CategoryElectric Vehicle Tyres
Description

EV-specific passenger car tyre engineered for higher torque, heavier vehicle weight, and range efficiency.

6CEAT Gripp, Zoom, and Secura (Two-Wheeler Tyres)
CategoryTwo-Wheeler Tyres
Description

Range of motorcycle and scooter tyres targeting commuter, performance, and safety-focused riders.

7CEAT Commercial Vehicle Tyres (WIN series, MILE XL, LYFMAX, ROCKMAX)
CategoryCommercial Vehicle Tyres
Description

Tyres for trucks, buses, and light commercial vehicles engineered for load-carrying, fuel efficiency, and long-haul durability.

8Camso Off-Highway Tyres
CategoryOff-Highway Tyres
Description

Off-highway tyres for construction, material handling, and agriculture applications, brought under CEAT following the Camso brand acquisition.

9SG Cricket Equipment
CategoryCricket Equipment
Description

Cricket bats, guards, and related gear retailed under the SG brand associated with CEAT's sporting goods business.

10Tyresnmore.com
CategoryOnline Tyre Retail
Description

Online tyre retail platform acquired by CEAT, enabling direct-to-consumer tyre sales.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2026-04-01
Description

Multi-year partnership with Indian international cricketer Yashasvi Jaiswal effective April 1, 2026. Builds on CEAT's long-standing engagement with cricket and aligns with brand values of control, dependability, and adaptability. CEAT views Jaiswal as one of the most exciting young talents in Indian cricket.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers15 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ceat Tyres Limited

Tyre Manufacturingceat.com

CEAT Tyres Limited is an Indian tyre manufacturer founded in 1958 and part of RPG Group, producing passenger, two-wheeler, commercial, and off-highway tyres for OEM and replacement markets across 110+ countries. It serves major OEMs including Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota, Royal Enfield, and Bajaj, and expanded into EU and North America via the Camso acquisition.

What Ceat Tyres Limited does

CEAT Tyres Limited, founded in 1958 and headquartered in Mumbai, is an Indian tyre manufacturer and the flagship company of the RPG Group conglomerate. The company is publicly listed on the NSE and BSE under the ticker CEAT and operates manufacturing facilities in India (notably Chennai and Nagpur) with an annual production capacity exceeding 41 million tyres. CEAT sells tyres across passenger vehicles, two-wheelers, scooters, commercial vehicles, and off-highway applications, with product families spanning SportDrive, SecuraDrive, Milaze, Gripp, Zoom, WinSuper/WinMile/WinLoad for commercial use, EnergyDrive EV for electric vehicles, and the acquired Camso brand for off-highway and agricultural equipment. Through the August 2023 acquisition of Tyresnmore.com and the late-2024 acquisition of Michelin's Camso off-highway business, CEAT extended into e-commerce aftermarket channels and into the EU and North American off-highway tyre and track segments.

The company generates revenue primarily through unit hardware sales of tyres to OEM automotive manufacturers, a replacement market network of 3,400+ active dealers and 400+ exclusive CEAT outlets across India, direct e-commerce via ceat.com, and international exports to over 110 countries. Major OEM customers include Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota, MG, Royal Enfield, Bajaj, Hero, and TVS in India, and CNH, Bobcat, Doosan, Vermeer, and Prinoth in the off-highway segment via Camso. Manufacturing leverages Industry 4.0 automation, AI, and machine learning at the Chennai plant, which has received the World Economic Forum Lighthouse Designation, the first for any tyre brand globally. CEAT has also expanded into cricket equipment (bats, protective gear) under brands such as Hitman, Zoom, and Secura as a brand-extension marketing channel.

For FY26, CEAT reported revenue of approximately Rs 15,678 crore, consolidated net profit of Rs 813 crore (a near 70% year-over-year jump), and Q4 profit more than doubling to Rs 243.8 crore, with consolidated debt of Rs 3,011 crore at end of Q4 FY26 and capacity utilization exceeding 90%. Management has committed to Rs 4,500 crore of investment to expand the Chennai plant from 24,000 to 40,000 tyres per day by September 2027, plus an additional Rs 1,300 crore for passenger car radial capacity, with FY27 India capex of Rs 1,350-1,400 crore. The Camso acquisition targets $1 billion in annual revenue opportunity and 20% operating margins in the off-highway segment.

Ceat Tyres Limited firmographics

Firmographics
Name
Ceat Tyres Limited
Legal name
CEAT Limited
Website
https://ceat.com
Company type
Public
Founded year
1958
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
CEAT Tyres Limited is an Indian tyre manufacturer founded in 1958 and part of RPG Group, producing passenger, two-wheeler, commercial, and off-highway tyres for OEM and replacement markets across 110+ countries. It serves major OEMs including Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota, Royal Enfield, and Bajaj, and expanded into EU and North America via the Camso acquisition.
Ownership category
akta.pro rank

Ceat Tyres Limited industry classification

Industry
Product category
Tyre Manufacturing
NAICS
Tire Manufacturing (except Retreading) (326211), Tire Manufacturing (32621), Motorcycle, Bicycle, and Parts Manufacturing (336991), Tire and Tube Merchant Wholesalers (42313)
SIC
Tires & Inner Tubes (3011), Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicle Supplies & New Parts (5013)
akta.pro industry
PRIMARYIMACAIAK
Tires Manufacturing
Industrials, Manufacturing & Construction/Automotive & Mobility Manufacturing/Automotive Chassis, Suspension, Steering & Braking Systems
SECONDARYIMANAKAB
Light Truck/SUV Tires Manufacturing
SECONDARYIMANAKAF
Motorcycle & Scooter Tires Manufacturing
SECONDARYIMANAKAD
Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing
SECONDARYIMANAKAE
Agricultural Tires Manufacturing
SECONDARYTLAKAAAD
Tire & Wheel Services (Mount/Balance/Alignment)
Transportation & Logistics/Vehicle & Equipment Maintenance, Repair & Services (MRO)/Automotive Repair & Maintenance (Light-Duty Vehicles)

Keywords

  • Automotive tyres
  • Passenger vehicle tyres
  • Commercial vehicle tyres
  • Two-wheeler tyres
  • Off-highway tyres

Where Ceat Tyres Limited is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Offices3 records

Markets served

Ceat Tyres Limited business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Tyre Sales: Primary revenue from manufacturing and selling tyres across multiple vehicle segments including cars, SUVs, two-wheelers, three-wheelers, commercial vehicles, and off-highway vehicles. Revenue milestone of Rs 15,678 crore crossed for FY26.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goStandard replacement tyres

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Ceat Tyres Limited product offering

Product offering

Core offering

CEAT manufactures and sells tyres across multiple vehicle segments including passenger cars, SUVs, two-wheelers, scooters, commercial vehicles (trucks and buses), farm equipment, and off-highway machinery. The company supplies original equipment to automotive OEMs and serves the replacement market through 400+ exclusive outlets, 3,400+ dealers, an e-commerce platform, and exports to 110+ countries. CEAT also retails cricket equipment and operates Tyresnmore.com as an online tyre retail channel.

Product overview

CEAT Tyres Limited is an Indian tyre manufacturer and flagship company of RPG Enterprises, established in 1958 and headquartered in Mumbai. The company offers a comprehensive portfolio of tyres across multiple segments including car tyres (SportDrive, SecuraDrive, EnergyDrive EV for EVs, CrossDrive AT, Milaze X3/X5), motorcycle tyres (SecuraLYFE, Gripp, Zoom, Steel Radials series), scooter tyres (Zoom Plus, Zoom D, Secura Neo, Gripp X3, Milaze), and commercial vehicle tyres (WINSUPER, WINMILE, WINENERGY, WINLOAD, FM SUPER, HCL SUPER, MILE XL, LYFMAX, ROCKMAX series). Additionally, CEAT produces cricket equipment including bats (Professional Autograph Bat, Alpha Tennis Bat, Hitman Signature Edition) and protective gear (abdominal guards, thigh guards under Zoom, Secura, and Maestro brands). The company also offers an e-commerce platform for online tyre purchases with home delivery and fitment services.

Differentiator

Problem solved

Functional benefit

Brands

  • CEAT Specialty: Specialty tyres division for off-highway and agricultural tyres operating at ceatspecialty.com
  • Camso
  • Tyresnmore.com

Products and services

  • CEAT SecuraDrive Passenger car tyre offering from CEAT focused on safety and road grip for everyday driving.
  • CEAT SportDrive Performance-oriented passenger car tyre for drivers seeking enhanced handling and high-speed stability.
  • CEAT Milaze Long-life passenger car tyre positioned for high mileage and durability in everyday use.
  • CEAT CrossDrive SUV and crossover tyre designed for mixed on-road and light off-road usage.
  • CEAT EnergyDrive EV EV-specific passenger car tyre engineered for higher torque, heavier vehicle weight, and range efficiency.
  • CEAT Gripp, Zoom, and Secura (Two-Wheeler Tyres) Range of motorcycle and scooter tyres targeting commuter, performance, and safety-focused riders.
  • CEAT Commercial Vehicle Tyres (WIN series, MILE XL, LYFMAX, ROCKMAX) Tyres for trucks, buses, and light commercial vehicles engineered for load-carrying, fuel efficiency, and long-haul durability.
  • Camso Off-Highway Tyres Off-highway tyres for construction, material handling, and agriculture applications, brought under CEAT following the Camso brand acquisition.
  • SG Cricket Equipment Cricket bats, guards, and related gear retailed under the SG brand associated with CEAT's sporting goods business.
  • Tyresnmore.com Online tyre retail platform acquired by CEAT, enabling direct-to-consumer tyre sales.

Quantifiable outcome

  • Crossed Rs 15,678 crore annual revenue milestone for FY26
  • +3 more outcomes

Companies that use Ceat Tyres Limited

Customer profile

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Ceat Tyres Limited technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Ceat Tyres Limited partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Yashasvi JaiswalminorGTM or Marketing Partner · 1 April 2026Multi-year partnership with Indian international cricketer Yashasvi Jaiswal effective April 1, 2026. Builds on CEAT's long-standing engagement with cricket and aligns with brand values of control, dependability, and adaptability. CEAT views Jaiswal as one of the most exciting young talents in Indian cricket.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Ceat Tyres Limited competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

Ceat Tyres Limited social profiles

Digital presence

Ceat Tyres Limited compliance and trust

Trust signal

Compliance1 record

Ceat Tyres Limited financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ceat Tyres Limited leadership team

Management profile

Number of profiles

Profiles3 records

Ceat Tyres Limited subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Ceat Tyres Limited funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ceat Tyres Limited M&A and investment

M&A and investment

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ceat Tyres Limited

What does Ceat Tyres Limited do?

CEAT manufactures and sells tyres across multiple vehicle segments including passenger cars, SUVs, two-wheelers, scooters, commercial vehicles (trucks and buses), farm equipment, and off-highway machinery. The company supplies original equipment to automotive OEMs and serves the replacement market through 400+ exclusive outlets, 3,400+ dealers, an e-commerce platform, and exports to 110+ countries. CEAT also retails cricket equipment and operates Tyresnmore.com as an online tyre retail channel.

Is Ceat Tyres Limited a public or private company?

Ceat Tyres Limited is a public company. It is classified as public and is currently operating.

When was Ceat Tyres Limited founded?

Ceat Tyres Limited was founded in 1958. It employs 5,001 to 10,000 people.

Where is Ceat Tyres Limited based?

Ceat Tyres Limited is headquartered in Mumbai, India, in the Asia region.

How does Ceat Tyres Limited make money?

One revenue line is on record: tyre Sales.

Does Ceat Tyres Limited have an API?

No public API is recorded for Ceat Tyres Limited.

What industry is Ceat Tyres Limited in?

Ceat Tyres Limited's product category is Tyre Manufacturing. Its primary akta.pro industry code is IMACAIAK, Tires Manufacturing, with a secondary code of IMANAKAB, Light Truck/SUV Tires Manufacturing. Its NAICS code is 326211 and its SIC code is 3011.

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Live signals
Business News TodayBuy CEAT: target of Rs 4500: ICICI Securities- Moneycontrol.comICICI Securities maintains a BUY rating on CEAT with a target price of INR 4,500, citing Q2FY27 performance in line with estimates and a gradual margin recovery. The firm expects CEAT to outperform on market share gains and price hikes, while CAMSO remains a near-term drag on margins.Business News TodayBuy CEAT; target of Rs 3734: Motilal Oswal- Moneycontrol.comMotilal Oswal raised its FY27E earnings estimate by ~14% on CEAT's better-than-expected 2Q earnings, citing an 110bp EBITDA margin expansion from price hikes and cost cuts. The firm reiterated a BUY rating with a target price of INR3,734, based on ~17x FY28E EPS.TradingViewBuy CEAT; target of Rs 3734: Motilal OswalMotilal Oswal raised its FY27E earnings estimate by ~14% and reiterated a BUY rating on CEAT with a target price of INR3,734. The rating is based on ~17x FY28E EPS, citing price hikes and cost reductions that boosted Q2 margins.NDTV ProfitFrom Ceat To Cyient DLM: Motilal Oswal Sees Up To 37% Upside After Q2 Results; Check Target PricesMotilal Oswal Financial Services retained Buy ratings on Jio Financial Services, 360 ONE WAM, Cyient DLM, CEAT, and IIFL Finance after Q2 FY27 results, with a Neutral stance on Tata Communications. Target prices imply upside of 12% to 37%, with CEAT's revenue up 26.2% YoY and Cyient DLM's order book at Rs 2,810 crore.NDTV ProfitCEAT Shares Fall Nearly 4% As Q2 Profit Drops Nearly 40%CEAT Ltd. shares fell nearly 4% on Oct. 15 after the tyre maker reported a 39.8% year-on-year drop in Q2 net profit to Rs 112 crore from Rs 186 crore. Revenue rose 26.2% to Rs 4,762 crore, but Ebitda margin contracted to 9.6% from 13.3%. Investors will watch margin improvement and profit growth in coming quarters.BusinessLineCEAT to hike tyre prices by 4-6% this quarter amid increased raw material costsCEAT Ltd plans to raise tyre prices by 4-6% this quarter to offset rising raw material costs, with CEO Arnab Banerjee citing a 40% profit plunge in Q2. Revenue rose 26% to ₹4,762 crore, but net profit fell to ₹112 crore from ₹186 crore. Further price hikes are expected through October.Investing.comWhy is CEAT stock falling today?CEAT Ltd shares fell 3.5% to ₹3,241.9 on Thursday after its fiscal Q2 net profit dropped 40% year-on-year to ₹112 crore, despite revenue rising 26% to ₹4,762 crore. The company plans to raise tyre prices by 4-6% to offset elevated commodity costs, which management attributed to Middle East conflict-driven input price increases.The future of tradingIndia's CEAT falls after quarterly profit slumpCEAT shares fell 2.5% to 3,275 rupees after quarterly profit dropped 40% due to higher expenses. Core margin narrowed to 9.5% from 13.5% year-ago, though revenue rose 26% to 47.62 billion rupees. The company aims for double-digit growth in H2 and further price hikes.The Times of IndiaCeat plans 4-6% tyre price hikes this quarter amid rising raw material costsCeat plans 4-6% tyre price hikes this quarter to offset rising raw material costs, with commercial vehicle hikes at about 6%. Raw material costs are expected to rise to 26-27% over March levels by December, and further price increases are planned in October.The Times of IndiaCeat plans 4-6% tyre price hikes this quarter amid rising raw material costsCeat plans 4-6% tyre price hikes this quarter to offset rising raw material costs, with commercial vehicle hikes at about 6%. Raw material costs are expected to rise 26-27% over March levels by December, and further price increases are planned in October.