Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

CEAT share price today

CEAT Ltd · NSE: CEATLTD · Tyres & Tubes · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 15 October 2026

CEAT share price today: ₹3,415.10 at the NSE close on 4 November 2026, down 15.2% in a year. CEAT (NSE: CEATLTD) is worth ₹13,815 crore, trades at a P/E of 24.1 and has closed between ₹3,060.20 and ₹4,026.00 over the past 52 weeks. Latest change: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).

Slowing from a peakBusiness trend from the last 12 quarters
₹3,415.10Price −15.2% in a year
24.1×P/E higher than 72% of the last 11 years
₹4,762 CrRevenue (Sep 2026) +26.2% on a year ago
₹112 CrProfit (Sep 2026) −39.8% on a year ago
10.0%Operating margin −3.0 points on a year ago
19%ROCE FY26
9.6%ROIC against a 12.0% cost of capital: −2.4 points

CEAT Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: yearly earnings per share moved +47.7% while the share price moved −15.2%.

The price has been falling for 6 weeks, and the P/E is higher than 72% of its own last 11 years. Over the last four quarters, results have been deteriorating, with profit −39.8% on a year earlier, and 255% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the CEAT share price today?

CEAT Ltd's share price was ₹3,415.10 at the close on 4 November 2026. It has been falling for 6 weeks. That is 1.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹3,060 and ₹4,026, and at that close it sat 37% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today CEAT Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running.

1Y

Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.

  • Price ₹3,415
  • 50-day avg ₹3,311
  • 200-day avg ₹3,450
Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹4,033₹3,650₹3,355
7 Nov 2025₹4,026₹3,703₹3,381
14 Nov 2025₹3,986₹3,766₹3,414
21 Nov 2025₹3,878₹3,792₹3,438
28 Nov 2025₹3,847₹3,804₹3,458
5 Dec 2025₹3,907₹3,822₹3,480
12 Dec 2025₹3,731₹3,817₹3,496
19 Dec 2025₹3,932₹3,814₹3,510
26 Dec 2025₹3,858₹3,826₹3,525
2 Jan 2026₹3,887₹3,821₹3,539
9 Jan 2026₹3,729₹3,815₹3,551
16 Jan 2026₹3,793₹3,814₹3,561
23 Jan 2026₹3,718₹3,797₹3,569
1 Feb 2026₹3,727₹3,780₹3,575
6 Feb 2026₹3,924₹3,797₹3,590
13 Feb 2026₹3,965₹3,835₹3,610
20 Feb 2026₹3,794₹3,836₹3,621
27 Feb 2026₹3,531₹3,810₹3,625
6 Mar 2026₹3,458₹3,750₹3,616
13 Mar 2026₹3,471₹3,707₹3,611
20 Mar 2026₹3,538₹3,667₹3,605
27 Mar 2026₹3,463₹3,637₹3,599
17 Apr 2026₹3,716₹3,594₹3,589
24 Apr 2026₹3,476₹3,615₹3,595
30 Apr 2026₹3,445₹3,602₹3,593
8 May 2026₹3,324₹3,552₹3,580
15 May 2026₹3,212₹3,491₹3,562
22 May 2026₹3,257₹3,435₹3,543
29 May 2026₹3,241₹3,414₹3,533
4 Jun 2026₹3,230₹3,384₹3,521
5 Jun 2026₹3,192₹3,376₹3,517
10 Jun 2026₹3,118₹3,347₹3,506
12 Jun 2026₹3,334₹3,339₹3,501
17 Jun 2026₹3,487₹3,352₹3,499
19 Jun 2026₹3,450₹3,361₹3,499
24 Jun 2026₹3,451₹3,375₹3,498
25 Jun 2026₹3,490₹3,380₹3,498
1 Jul 2026₹3,635₹3,394₹3,498
3 Jul 2026₹3,799₹3,426₹3,504
10 Jul 2026₹3,867₹3,506₹3,522
17 Jul 2026₹3,550₹3,550₹3,533
24 Jul 2026₹3,329₹3,517₹3,525
31 Jul 2026₹3,430₹3,499₹3,520
7 Aug 2026₹3,723₹3,530₹3,527
14 Aug 2026₹3,689₹3,566₹3,537
21 Aug 2026₹3,563₹3,569₹3,539
28 Aug 2026₹3,512₹3,563₹3,539
4 Sep 2026₹3,333₹3,527₹3,531
11 Sep 2026₹3,279₹3,486₹3,520
18 Sep 2026₹3,469₹3,470₹3,514
25 Sep 2026₹3,352₹3,454₹3,508
1 Oct 2026₹3,287₹3,427₹3,498
9 Oct 2026₹3,262₹3,400₹3,488
16 Oct 2026₹3,295₹3,380₹3,478
23 Oct 2026₹3,060₹3,351₹3,467
30 Oct 2026₹3,087₹3,311₹3,450
4 Nov 2026₹3,415₹3,311₹3,450
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.

  • Price ₹3,415
  • 50-day avg ₹3,311
  • 200-day avg ₹3,450
Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹2,128₹2,160₹1,978
12 Nov 2023₹2,134₹2,151₹1,986
17 Nov 2023₹2,113₹2,146₹1,991
24 Nov 2023₹2,099₹2,138₹1,996
1 Dec 2023₹2,172₹2,135₹2,001
8 Dec 2023₹2,323₹2,157₹2,013
15 Dec 2023₹2,365₹2,192₹2,030
22 Dec 2023₹2,400₹2,230₹2,048
29 Dec 2023₹2,427₹2,255₹2,062
5 Jan 2024₹2,443₹2,288₹2,080
12 Jan 2024₹2,491₹2,320₹2,099
20 Jan 2024₹2,914₹2,376₹2,126
25 Jan 2024₹2,834₹2,426₹2,147
2 Feb 2024₹2,607₹2,466₹2,171
9 Feb 2024₹2,800₹2,515₹2,199
16 Feb 2024₹2,888₹2,567₹2,228
23 Feb 2024₹2,916₹2,627₹2,261
2 Mar 2024₹2,847₹2,675₹2,295
7 Mar 2024₹2,773₹2,699₹2,316
15 Mar 2024₹2,500₹2,671₹2,328
22 Mar 2024₹2,593₹2,647₹2,338
28 Mar 2024₹2,682₹2,649₹2,348
5 Apr 2024₹2,686₹2,651₹2,363
12 Apr 2024₹2,588₹2,647₹2,373
19 Apr 2024₹2,475₹2,631₹2,380
26 Apr 2024₹2,524₹2,612₹2,387
3 May 2024₹2,545₹2,605₹2,394
10 May 2024₹2,236₹2,558₹2,391
18 May 2024₹2,440₹2,510₹2,388
24 May 2024₹2,373₹2,490₹2,388
31 May 2024₹2,358₹2,469₹2,387
7 Jun 2024₹2,456₹2,458₹2,388
14 Jun 2024₹2,547₹2,472₹2,395
21 Jun 2024₹2,519₹2,476₹2,399
28 Jun 2024₹2,822₹2,496₹2,408
5 Jul 2024₹2,694₹2,537₹2,423
12 Jul 2024₹2,623₹2,559₹2,435
19 Jul 2024₹2,676₹2,584₹2,446
26 Jul 2024₹2,610₹2,588₹2,454
2 Aug 2024₹2,676₹2,604₹2,465
9 Aug 2024₹2,784₹2,614₹2,474
16 Aug 2024₹2,630₹2,618₹2,481
23 Aug 2024₹2,849₹2,652₹2,497
30 Aug 2024₹2,756₹2,682₹2,512
6 Sep 2024₹2,856₹2,714₹2,529
13 Sep 2024₹3,003₹2,746₹2,547
20 Sep 2024₹2,852₹2,776₹2,565
27 Sep 2024₹3,250₹2,835₹2,591
4 Oct 2024₹3,055₹2,876₹2,611
11 Oct 2024₹3,011₹2,898₹2,630
18 Oct 2024₹2,973₹2,908₹2,646
25 Oct 2024₹2,748₹2,897₹2,656
1 Nov 2024₹2,810₹2,880₹2,663
8 Nov 2024₹2,866₹2,866₹2,670
14 Nov 2024₹2,774₹2,852₹2,674
22 Nov 2024₹2,845₹2,844₹2,679
29 Nov 2024₹3,078₹2,868₹2,693
6 Dec 2024₹3,096₹2,912₹2,713
13 Dec 2024₹3,178₹2,969₹2,738
20 Dec 2024₹3,011₹2,991₹2,756
27 Dec 2024₹3,253₹3,011₹2,770
3 Jan 2025₹3,185₹3,046₹2,791
10 Jan 2025₹3,084₹3,057₹2,807
17 Jan 2025₹3,025₹3,056₹2,819
24 Jan 2025₹2,950₹3,037₹2,825
1 Feb 2025₹2,923₹3,005₹2,829
7 Feb 2025₹2,872₹2,998₹2,836
14 Feb 2025₹2,599₹2,942₹2,829
21 Feb 2025₹2,734₹2,900₹2,823
28 Feb 2025₹2,533₹2,858₹2,815
7 Mar 2025₹2,598₹2,795₹2,800
13 Mar 2025₹2,641₹2,765₹2,792
21 Mar 2025₹2,840₹2,762₹2,789
28 Mar 2025₹2,880₹2,782₹2,793
4 Apr 2025₹2,867₹2,796₹2,797
11 Apr 2025₹2,833₹2,785₹2,794
17 Apr 2025₹3,020₹2,807₹2,799
25 Apr 2025₹3,035₹2,849₹2,811
2 May 2025₹3,376₹2,902₹2,826
9 May 2025₹3,766₹3,033₹2,865
16 May 2025₹3,832₹3,178₹2,912
23 May 2025₹3,787₹3,296₹2,957
30 May 2025₹3,779₹3,377₹2,995
6 Jun 2025₹3,799₹3,437₹3,030
13 Jun 2025₹3,709₹3,501₹3,067
20 Jun 2025₹3,530₹3,516₹3,092
27 Jun 2025₹3,645₹3,529₹3,116
4 Jul 2025₹3,610₹3,553₹3,143
11 Jul 2025₹3,724₹3,593₹3,174
18 Jul 2025₹3,827₹3,643₹3,208
25 Jul 2025₹3,378₹3,609₹3,220
1 Aug 2025₹3,230₹3,557₹3,225
8 Aug 2025₹3,161₹3,493₹3,224
14 Aug 2025₹3,092₹3,438₹3,220
22 Aug 2025₹3,185₹3,395₹3,219
29 Aug 2025₹3,132₹3,355₹3,215
5 Sep 2025₹3,351₹3,349₹3,220
12 Sep 2025₹3,280₹3,348₹3,226
19 Sep 2025₹3,396₹3,359₹3,235
26 Sep 2025₹3,400₹3,376₹3,246
3 Oct 2025₹3,511₹3,385₹3,253
10 Oct 2025₹3,540₹3,406₹3,265
17 Oct 2025₹3,732₹3,443₹3,282
24 Oct 2025₹4,141₹3,560₹3,319
31 Oct 2025₹4,033₹3,650₹3,355
7 Nov 2025₹4,026₹3,703₹3,381
14 Nov 2025₹3,986₹3,766₹3,414
21 Nov 2025₹3,878₹3,792₹3,438
28 Nov 2025₹3,847₹3,804₹3,458
5 Dec 2025₹3,907₹3,822₹3,480
12 Dec 2025₹3,731₹3,817₹3,496
19 Dec 2025₹3,932₹3,814₹3,510
26 Dec 2025₹3,858₹3,826₹3,525
2 Jan 2026₹3,887₹3,821₹3,539
9 Jan 2026₹3,729₹3,815₹3,551
16 Jan 2026₹3,793₹3,814₹3,561
23 Jan 2026₹3,718₹3,797₹3,569
1 Feb 2026₹3,727₹3,780₹3,575
6 Feb 2026₹3,924₹3,797₹3,590
13 Feb 2026₹3,965₹3,835₹3,610
20 Feb 2026₹3,794₹3,836₹3,621
27 Feb 2026₹3,531₹3,810₹3,625
6 Mar 2026₹3,458₹3,750₹3,616
13 Mar 2026₹3,471₹3,707₹3,611
20 Mar 2026₹3,538₹3,667₹3,605
27 Mar 2026₹3,463₹3,637₹3,599
17 Apr 2026₹3,716₹3,594₹3,589
24 Apr 2026₹3,476₹3,615₹3,595
30 Apr 2026₹3,445₹3,602₹3,593
8 May 2026₹3,324₹3,552₹3,580
15 May 2026₹3,212₹3,491₹3,562
22 May 2026₹3,257₹3,435₹3,543
29 May 2026₹3,241₹3,414₹3,533
4 Jun 2026₹3,230₹3,384₹3,521
5 Jun 2026₹3,192₹3,376₹3,517
10 Jun 2026₹3,118₹3,347₹3,506
12 Jun 2026₹3,334₹3,339₹3,501
17 Jun 2026₹3,487₹3,352₹3,499
19 Jun 2026₹3,450₹3,361₹3,499
24 Jun 2026₹3,451₹3,375₹3,498
25 Jun 2026₹3,490₹3,380₹3,498
1 Jul 2026₹3,635₹3,394₹3,498
3 Jul 2026₹3,799₹3,426₹3,504
10 Jul 2026₹3,867₹3,506₹3,522
17 Jul 2026₹3,550₹3,550₹3,533
24 Jul 2026₹3,329₹3,517₹3,525
31 Jul 2026₹3,430₹3,499₹3,520
7 Aug 2026₹3,723₹3,530₹3,527
14 Aug 2026₹3,689₹3,566₹3,537
21 Aug 2026₹3,563₹3,569₹3,539
28 Aug 2026₹3,512₹3,563₹3,539
4 Sep 2026₹3,333₹3,527₹3,531
11 Sep 2026₹3,279₹3,486₹3,520
18 Sep 2026₹3,469₹3,470₹3,514
25 Sep 2026₹3,352₹3,454₹3,508
1 Oct 2026₹3,287₹3,427₹3,498
9 Oct 2026₹3,262₹3,400₹3,488
16 Oct 2026₹3,295₹3,380₹3,478
23 Oct 2026₹3,060₹3,351₹3,467
30 Oct 2026₹3,087₹3,311₹3,450
4 Nov 2026₹3,415₹3,311₹3,450
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.

  • Price ₹3,415
  • 50-day avg ₹3,311
  • 200-day avg ₹3,450
Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹1,247₹1,326₹1,312
12 Nov 2021₹1,259₹1,306₹1,308
26 Nov 2021₹1,194₹1,278₹1,300
10 Dec 2021₹1,173₹1,236₹1,286
24 Dec 2021₹1,080₹1,194₹1,269
7 Jan 2022₹1,149₹1,189₹1,261
21 Jan 2022₹1,112₹1,173₹1,249
4 Feb 2022₹1,077₹1,146₹1,235
18 Feb 2022₹1,028₹1,115₹1,218
4 Mar 2022₹1,059₹1,078₹1,198
17 Mar 2022₹1,000₹1,054₹1,181
1 Apr 2022₹950₹1,021₹1,160
13 Apr 2022₹1,111₹1,033₹1,152
29 Apr 2022₹1,125₹1,071₹1,152
13 May 2022₹1,029₹1,072₹1,145
27 May 2022₹1,011₹1,059₹1,135
10 Jun 2022₹975₹1,039₹1,122
24 Jun 2022₹927₹1,000₹1,102
8 Jul 2022₹1,121₹996₹1,091
22 Jul 2022₹1,222₹1,067₹1,102
5 Aug 2022₹1,326₹1,136₹1,119
19 Aug 2022₹1,371₹1,197₹1,137
2 Sep 2022₹1,417₹1,255₹1,159
16 Sep 2022₹1,597₹1,320₹1,186
30 Sep 2022₹1,574₹1,405₹1,224
14 Oct 2022₹1,497₹1,447₹1,251
28 Oct 2022₹1,522₹1,465₹1,273
11 Nov 2022₹1,723₹1,511₹1,302
25 Nov 2022₹1,799₹1,585₹1,344
9 Dec 2022₹1,818₹1,682₹1,395
23 Dec 2022₹1,554₹1,710₹1,431
6 Jan 2023₹1,741₹1,690₹1,451
20 Jan 2023₹1,614₹1,672₹1,469
3 Feb 2023₹1,548₹1,637₹1,477
17 Feb 2023₹1,518₹1,598₹1,481
3 Mar 2023₹1,433₹1,549₹1,478
17 Mar 2023₹1,398₹1,511₹1,474
31 Mar 2023₹1,451₹1,479₹1,468
13 Apr 2023₹1,432₹1,468₹1,465
28 Apr 2023₹1,557₹1,454₹1,461
12 May 2023₹1,866₹1,534₹1,483
26 May 2023₹2,107₹1,675₹1,527
9 Jun 2023₹1,941₹1,762₹1,567
23 Jun 2023₹2,000₹1,856₹1,612
7 Jul 2023₹2,413₹1,950₹1,659
21 Jul 2023₹2,429₹2,115₹1,735
4 Aug 2023₹2,462₹2,227₹1,803
18 Aug 2023₹2,293₹2,261₹1,850
1 Sep 2023₹2,256₹2,273₹1,893
15 Sep 2023₹2,140₹2,244₹1,921
29 Sep 2023₹2,122₹2,210₹1,939
13 Oct 2023₹2,137₹2,182₹1,954
27 Oct 2023₹2,111₹2,170₹1,971
12 Nov 2023₹2,134₹2,151₹1,986
24 Nov 2023₹2,099₹2,138₹1,996
8 Dec 2023₹2,323₹2,157₹2,013
22 Dec 2023₹2,400₹2,230₹2,048
5 Jan 2024₹2,443₹2,288₹2,080
20 Jan 2024₹2,914₹2,376₹2,126
2 Feb 2024₹2,607₹2,466₹2,171
16 Feb 2024₹2,888₹2,567₹2,228
2 Mar 2024₹2,847₹2,675₹2,295
15 Mar 2024₹2,500₹2,671₹2,328
28 Mar 2024₹2,682₹2,649₹2,348
12 Apr 2024₹2,588₹2,647₹2,373
26 Apr 2024₹2,524₹2,612₹2,387
10 May 2024₹2,236₹2,558₹2,391
24 May 2024₹2,373₹2,490₹2,388
7 Jun 2024₹2,456₹2,458₹2,388
21 Jun 2024₹2,519₹2,476₹2,399
5 Jul 2024₹2,694₹2,537₹2,423
19 Jul 2024₹2,676₹2,584₹2,446
2 Aug 2024₹2,676₹2,604₹2,465
16 Aug 2024₹2,630₹2,618₹2,481
30 Aug 2024₹2,756₹2,682₹2,512
13 Sep 2024₹3,003₹2,746₹2,547
27 Sep 2024₹3,250₹2,835₹2,591
11 Oct 2024₹3,011₹2,898₹2,630
25 Oct 2024₹2,748₹2,897₹2,656
8 Nov 2024₹2,866₹2,866₹2,670
22 Nov 2024₹2,845₹2,844₹2,679
6 Dec 2024₹3,096₹2,912₹2,713
20 Dec 2024₹3,011₹2,991₹2,756
3 Jan 2025₹3,185₹3,046₹2,791
17 Jan 2025₹3,025₹3,056₹2,819
1 Feb 2025₹2,923₹3,005₹2,829
14 Feb 2025₹2,599₹2,942₹2,829
28 Feb 2025₹2,533₹2,858₹2,815
13 Mar 2025₹2,641₹2,765₹2,792
28 Mar 2025₹2,880₹2,782₹2,793
11 Apr 2025₹2,833₹2,785₹2,794
25 Apr 2025₹3,035₹2,849₹2,811
9 May 2025₹3,766₹3,033₹2,865
23 May 2025₹3,787₹3,296₹2,957
6 Jun 2025₹3,799₹3,437₹3,030
20 Jun 2025₹3,530₹3,516₹3,092
4 Jul 2025₹3,610₹3,553₹3,143
18 Jul 2025₹3,827₹3,643₹3,208
1 Aug 2025₹3,230₹3,557₹3,225
14 Aug 2025₹3,092₹3,438₹3,220
29 Aug 2025₹3,132₹3,355₹3,215
12 Sep 2025₹3,280₹3,348₹3,226
26 Sep 2025₹3,400₹3,376₹3,246
10 Oct 2025₹3,540₹3,406₹3,265
24 Oct 2025₹4,141₹3,560₹3,319
7 Nov 2025₹4,026₹3,703₹3,381
21 Nov 2025₹3,878₹3,792₹3,438
5 Dec 2025₹3,907₹3,822₹3,480
19 Dec 2025₹3,932₹3,814₹3,510
2 Jan 2026₹3,887₹3,821₹3,539
16 Jan 2026₹3,793₹3,814₹3,561
1 Feb 2026₹3,727₹3,780₹3,575
13 Feb 2026₹3,965₹3,835₹3,610
27 Feb 2026₹3,531₹3,810₹3,625
13 Mar 2026₹3,471₹3,707₹3,611
27 Mar 2026₹3,463₹3,637₹3,599
24 Apr 2026₹3,476₹3,615₹3,595
8 May 2026₹3,324₹3,552₹3,580
22 May 2026₹3,257₹3,435₹3,543
4 Jun 2026₹3,230₹3,384₹3,521
10 Jun 2026₹3,118₹3,347₹3,506
17 Jun 2026₹3,487₹3,352₹3,499
24 Jun 2026₹3,451₹3,375₹3,498
1 Jul 2026₹3,635₹3,394₹3,498
10 Jul 2026₹3,867₹3,506₹3,522
24 Jul 2026₹3,329₹3,517₹3,525
7 Aug 2026₹3,723₹3,530₹3,527
21 Aug 2026₹3,563₹3,569₹3,539
4 Sep 2026₹3,333₹3,527₹3,531
18 Sep 2026₹3,469₹3,470₹3,514
1 Oct 2026₹3,287₹3,427₹3,498
16 Oct 2026₹3,295₹3,380₹3,478
30 Oct 2026₹3,087₹3,311₹3,450
4 Nov 2026₹3,415₹3,311₹3,450
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.

  • Price ₹3,415
  • 50-day avg ₹3,311
  • 200-day avg ₹3,450
Nov 2026: ₹3,415, 1.0% below its 200-day average. The price has been falling for 6 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹1,216₹1,167₹1,028
18 Nov 2016₹1,206₹1,201₹1,055
9 Dec 2016₹1,278₹1,213₹1,078
30 Dec 2016₹1,163₹1,200₹1,094
20 Jan 2017₹1,175₹1,198₹1,108
10 Feb 2017₹1,152₹1,188₹1,117
3 Mar 2017₹1,168₹1,168₹1,120
24 Mar 2017₹1,320₹1,202₹1,135
13 Apr 2017₹1,451₹1,271₹1,163
5 May 2017₹1,661₹1,384₹1,211
26 May 2017₹1,682₹1,533₹1,280
16 Jun 2017₹1,861₹1,672₹1,358
7 Jul 2017₹1,904₹1,747₹1,421
28 Jul 2017₹1,852₹1,800₹1,483
18 Aug 2017₹1,704₹1,784₹1,521
8 Sep 2017₹1,724₹1,746₹1,543
29 Sep 2017₹1,715₹1,740₹1,570
19 Oct 2017₹1,715₹1,735₹1,589
10 Nov 2017₹1,734₹1,720₹1,604
1 Dec 2017₹1,743₹1,753₹1,631
22 Dec 2017₹1,950₹1,769₹1,651
12 Jan 2018₹1,976₹1,852₹1,692
2 Feb 2018₹1,647₹1,849₹1,713
23 Feb 2018₹1,618₹1,738₹1,696
16 Mar 2018₹1,573₹1,669₹1,681
6 Apr 2018₹1,649₹1,617₹1,663
27 Apr 2018₹1,560₹1,603₹1,653
18 May 2018₹1,378₹1,542₹1,629
8 Jun 2018₹1,363₹1,457₹1,590
29 Jun 2018₹1,258₹1,392₹1,553
20 Jul 2018₹1,356₹1,342₹1,515
10 Aug 2018₹1,401₹1,361₹1,496
31 Aug 2018₹1,386₹1,382₹1,486
21 Sep 2018₹1,280₹1,372₹1,471
12 Oct 2018₹1,097₹1,263₹1,425
2 Nov 2018₹1,184₹1,197₹1,384
22 Nov 2018₹1,235₹1,210₹1,365
14 Dec 2018₹1,311₹1,235₹1,350
4 Jan 2019₹1,310₹1,264₹1,344
25 Jan 2019₹1,189₹1,252₹1,330
15 Feb 2019₹1,067₹1,179₹1,297
8 Mar 2019₹1,126₹1,142₹1,270
29 Mar 2019₹1,120₹1,134₹1,251
18 Apr 2019₹1,114₹1,125₹1,234
10 May 2019₹993₹1,096₹1,212
31 May 2019₹980₹1,049₹1,181
21 Jun 2019₹917₹1,004₹1,151
12 Jul 2019₹894₹964₹1,118
2 Aug 2019₹803₹913₹1,082
23 Aug 2019₹862₹891₹1,054
13 Sep 2019₹930₹895₹1,036
4 Oct 2019₹953₹920₹1,024
27 Oct 2019₹956₹932₹1,014
15 Nov 2019₹959₹952₹1,010
6 Dec 2019₹968₹949₹1,001
27 Dec 2019₹1,007₹965₹999
17 Jan 2020₹1,020₹987₹1,001
7 Feb 2020₹977₹987₹999
28 Feb 2020₹1,021₹1,002₹1,002
20 Mar 2020₹715₹945₹986
9 Apr 2020₹816₹857₹955
30 Apr 2020₹804₹833₹936
22 May 2020₹749₹792₹909
12 Jun 2020₹924₹830₹905
3 Jul 2020₹922₹874₹908
24 Jul 2020₹850₹877₹904
14 Aug 2020₹878₹879₹901
4 Sep 2020₹883₹886₹900
25 Sep 2020₹905₹898₹902
16 Oct 2020₹992₹943₹915
6 Nov 2020₹1,110₹1,016₹941
27 Nov 2020₹1,148₹1,066₹967
18 Dec 2020₹1,112₹1,101₹991
8 Jan 2021₹1,201₹1,104₹1,005
29 Jan 2021₹1,471₹1,213₹1,049
19 Feb 2021₹1,587₹1,393₹1,127
12 Mar 2021₹1,613₹1,481₹1,189
1 Apr 2021₹1,596₹1,508₹1,232
23 Apr 2021₹1,441₹1,488₹1,261
14 May 2021₹1,288₹1,424₹1,272
4 Jun 2021₹1,330₹1,375₹1,277
25 Jun 2021₹1,341₹1,366₹1,288
16 Jul 2021₹1,450₹1,366₹1,299
6 Aug 2021₹1,342₹1,362₹1,306
27 Aug 2021₹1,286₹1,337₹1,306
17 Sep 2021₹1,322₹1,326₹1,307
8 Oct 2021₹1,365₹1,330₹1,311
29 Oct 2021₹1,247₹1,326₹1,312
18 Nov 2021₹1,219₹1,296₹1,305
10 Dec 2021₹1,173₹1,236₹1,286
31 Dec 2021₹1,215₹1,192₹1,265
21 Jan 2022₹1,112₹1,173₹1,249
11 Feb 2022₹1,062₹1,133₹1,227
4 Mar 2022₹1,059₹1,078₹1,198
25 Mar 2022₹951₹1,040₹1,171
13 Apr 2022₹1,111₹1,033₹1,152
6 May 2022₹1,092₹1,075₹1,150
27 May 2022₹1,011₹1,059₹1,135
17 Jun 2022₹899₹1,019₹1,112
8 Jul 2022₹1,121₹996₹1,091
29 Jul 2022₹1,261₹1,096₹1,109
19 Aug 2022₹1,371₹1,197₹1,137
9 Sep 2022₹1,381₹1,282₹1,171
30 Sep 2022₹1,574₹1,405₹1,224
21 Oct 2022₹1,511₹1,457₹1,264
11 Nov 2022₹1,723₹1,511₹1,302
2 Dec 2022₹1,938₹1,643₹1,371
23 Dec 2022₹1,554₹1,710₹1,431
13 Jan 2023₹1,674₹1,683₹1,461
3 Feb 2023₹1,548₹1,637₹1,477
24 Feb 2023₹1,463₹1,578₹1,481
17 Mar 2023₹1,398₹1,511₹1,474
6 Apr 2023₹1,433₹1,473₹1,466
28 Apr 2023₹1,557₹1,454₹1,461
19 May 2023₹1,870₹1,591₹1,501
9 Jun 2023₹1,941₹1,762₹1,567
30 Jun 2023₹2,077₹1,888₹1,631
21 Jul 2023₹2,429₹2,115₹1,735
11 Aug 2023₹2,323₹2,253₹1,831
1 Sep 2023₹2,256₹2,273₹1,893
22 Sep 2023₹2,136₹2,227₹1,929
13 Oct 2023₹2,137₹2,182₹1,954
3 Nov 2023₹2,128₹2,160₹1,978
24 Nov 2023₹2,099₹2,138₹1,996
15 Dec 2023₹2,365₹2,192₹2,030
5 Jan 2024₹2,443₹2,288₹2,080
25 Jan 2024₹2,834₹2,426₹2,147
16 Feb 2024₹2,888₹2,567₹2,228
7 Mar 2024₹2,773₹2,699₹2,316
28 Mar 2024₹2,682₹2,649₹2,348
19 Apr 2024₹2,475₹2,631₹2,380
10 May 2024₹2,236₹2,558₹2,391
31 May 2024₹2,358₹2,469₹2,387
21 Jun 2024₹2,519₹2,476₹2,399
12 Jul 2024₹2,623₹2,559₹2,435
2 Aug 2024₹2,676₹2,604₹2,465
23 Aug 2024₹2,849₹2,652₹2,497
13 Sep 2024₹3,003₹2,746₹2,547
4 Oct 2024₹3,055₹2,876₹2,611
25 Oct 2024₹2,748₹2,897₹2,656
14 Nov 2024₹2,774₹2,852₹2,674
6 Dec 2024₹3,096₹2,912₹2,713
27 Dec 2024₹3,253₹3,011₹2,770
17 Jan 2025₹3,025₹3,056₹2,819
7 Feb 2025₹2,872₹2,998₹2,836
28 Feb 2025₹2,533₹2,858₹2,815
21 Mar 2025₹2,840₹2,762₹2,789
11 Apr 2025₹2,833₹2,785₹2,794
2 May 2025₹3,376₹2,902₹2,826
23 May 2025₹3,787₹3,296₹2,957
13 Jun 2025₹3,709₹3,501₹3,067
4 Jul 2025₹3,610₹3,553₹3,143
25 Jul 2025₹3,378₹3,609₹3,220
14 Aug 2025₹3,092₹3,438₹3,220
5 Sep 2025₹3,351₹3,349₹3,220
26 Sep 2025₹3,400₹3,376₹3,246
17 Oct 2025₹3,732₹3,443₹3,282
7 Nov 2025₹4,026₹3,703₹3,381
28 Nov 2025₹3,847₹3,804₹3,458
19 Dec 2025₹3,932₹3,814₹3,510
9 Jan 2026₹3,729₹3,815₹3,551
1 Feb 2026₹3,727₹3,780₹3,575
20 Feb 2026₹3,794₹3,836₹3,621
13 Mar 2026₹3,471₹3,707₹3,611
17 Apr 2026₹3,716₹3,594₹3,589
8 May 2026₹3,324₹3,552₹3,580
29 May 2026₹3,241₹3,414₹3,533
10 Jun 2026₹3,118₹3,347₹3,506
19 Jun 2026₹3,450₹3,361₹3,499
1 Jul 2026₹3,635₹3,394₹3,498
17 Jul 2026₹3,550₹3,550₹3,533
7 Aug 2026₹3,723₹3,530₹3,527
28 Aug 2026₹3,512₹3,563₹3,539
18 Sep 2026₹3,469₹3,470₹3,514
9 Oct 2026₹3,262₹3,400₹3,488
30 Oct 2026₹3,087₹3,311₹3,450
4 Nov 2026₹3,415₹3,311₹3,450
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Mar 2026; Sideways in Apr 2026; Falling from May 2026 to Aug 2026; Rising from Aug 2026 to Sep 2026; Falling from Sep 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2025; Sideways from Apr 2025 to May 2025; Rising from May 2025 to Mar 2026; Sideways in Apr 2026; Falling from May 2026 to Aug 2026; Rising from Aug 2026 to Sep 2026; Falling from Sep 2026 to Oct 2026.

Price stage: Falling from Oct 2021 to Aug 2022; Rising from Sep 2022 to Apr 2023; Falling from Apr 2023 to May 2023; Rising from Jun 2023 to Mar 2025; Sideways from Apr 2025 to May 2025; Rising from May 2025 to Apr 2026; Falling from May 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Mar 2018; Falling from Apr 2018 to Oct 2020; Rising from Nov 2020 to Sep 2021; Sideways from Oct 2021 to Nov 2021; Falling from Dec 2021 to Aug 2022; Rising from Sep 2022 to Apr 2026; Falling from May 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 249 of 547 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016−25.7%
17 Jun 2016−32.6%
24 Jun 2016−35.4%
1 Jul 2016−29.7%
8 Jul 2016−30.6%
15 Jul 2016−32.3%
22 Jul 2016−29.1%
29 Jul 2016−32.9%
5 Aug 2016−23.4%
12 Aug 2016−24.4%
19 Aug 2016−20.0%
26 Aug 2016−16.5%
2 Sep 2016−4.3%
9 Sep 2016+7.6%
16 Sep 2016+19.1%
23 Sep 2016+44.3%
30 Sep 2016+46.4%
7 Oct 2016+56.3%
14 Oct 2016+56.2%
21 Oct 2016+46.3%
30 Oct 2016+40.5%
4 Nov 2016+32.6%
11 Nov 2016+51.1%
18 Nov 2016+46.2%
25 Nov 2016+39.5%
2 Dec 2016+37.5%
9 Dec 2016+29.5%
16 Dec 2016+25.2%
23 Dec 2016+5.5%
30 Dec 2016−5.2%
6 Jan 2017−8.5%
13 Jan 2017−9.5%
20 Jan 2017−9.9%
27 Jan 2017−4.5%
3 Feb 2017−5.8%
10 Feb 2017−18.4%
17 Feb 2017−18.4%
23 Feb 2017−9.9%
3 Mar 2017−15.7%
10 Mar 2017−21.9%
17 Mar 2017−12.0%
24 Mar 2017−0.6%
31 Mar 2017−1.2%
7 Apr 2017+3.0%
13 Apr 2017+10.5%
21 Apr 2017+12.0%
28 Apr 2017+17.1%
5 May 2017+30.1%
12 May 2017+29.8%
19 May 2017+52.7%
26 May 2017+37.7%
2 Jun 2017+49.2%
9 Jun 2017+58.1%
16 Jun 2017+39.0%
23 Jun 2017+32.6%
30 Jun 2017+31.1%
7 Jul 2017+32.0%
14 Jul 2017+21.2%
21 Jul 2017+21.7%
28 Jul 2017+14.6%
4 Aug 2017+1.0%
11 Aug 2017+1.2%
18 Aug 2017−10.3%
24 Aug 2017−5.6%
1 Sep 2017−9.9%
8 Sep 2017−14.9%
15 Sep 2017−11.1%
22 Sep 2017−6.9%
29 Sep 2017−7.5%
6 Oct 2017−10.7%
13 Oct 2017−11.5%
19 Oct 2017−10.8%
27 Oct 2017−14.4%
3 Nov 2017−7.9%
10 Nov 2017−1.5%
17 Nov 2017−2.9%
24 Nov 2017+3.7%
1 Dec 2017−2.4%
8 Dec 2017−1.7%
15 Dec 2017−4.1%
22 Dec 2017+1.7%
29 Dec 2017+5.4%
5 Jan 2018+3.7%
12 Jan 2018+6.4%
19 Jan 2018+0.1%
25 Jan 2018+4.2%
2 Feb 2018−4.1%
9 Feb 2018−14.6%
16 Feb 2018−8.0%
23 Feb 2018−11.4%
1 Mar 2018−8.9%
9 Mar 2018−11.7%
16 Mar 2018−7.0%
23 Mar 2018−21.0%
28 Mar 2018−17.9%
6 Apr 2018−12.5%
13 Apr 2018−15.5%
20 Apr 2018−10.1%
27 Apr 2018−12.3%
4 May 2018−10.9%
11 May 2018−7.0%
18 May 2018−14.2%
25 May 2018−16.0%
1 Jun 2018−18.3%
8 Jun 2018−14.5%
15 Jun 2018−18.4%
22 Jun 2018−9.7%
29 Jun 2018−18.9%
6 Jul 2018−22.3%
13 Jul 2018−19.9%
20 Jul 2018−15.4%
27 Jul 2018−13.0%
3 Aug 2018−10.3%
10 Aug 2018−7.0%
17 Aug 2018−4.4%
24 Aug 2018−4.8%
31 Aug 2018−2.4%
7 Sep 2018−0.1%
14 Sep 2018+0.7%
21 Sep 2018−5.4%
28 Sep 2018−7.8%
5 Oct 2018−12.9%
12 Oct 2018−8.0%
19 Oct 2018−9.3%
26 Oct 2018−11.2%
2 Nov 2018−7.2%
9 Nov 2018−3.8%
16 Nov 2018−3.6%
22 Nov 2018−1.8%
30 Nov 2018−1.3%
7 Dec 2018−4.2%
14 Dec 2018−2.5%
21 Dec 2018+5.9%
28 Dec 2018+13.4%
4 Jan 2019+20.3%
11 Jan 2019+10.9%
18 Jan 2019+5.8%
25 Jan 2019+6.0%
1 Feb 2019−8.9%
8 Feb 2019−9.7%
15 Feb 2019−13.7%
22 Feb 2019−13.6%
1 Mar 2019−14.4%
8 Mar 2019−14.6%
15 Mar 2019−14.4%
22 Mar 2019−20.7%
29 Mar 2019−20.0%
5 Apr 2019−19.6%
12 Apr 2019−19.2%
18 Apr 2019−16.4%
26 Apr 2019−17.8%
3 May 2019−7.0%
10 May 2019−13.3%
17 May 2019−19.4%
24 May 2019−11.0%
31 May 2019−18.8%
7 Jun 2019−16.7%
14 Jun 2019−20.3%
21 Jun 2019−19.6%
28 Jun 2019−18.6%
5 Jul 2019−15.4%
12 Jul 2019−17.0%
19 Jul 2019−16.2%
26 Jul 2019−15.0%
2 Aug 2019−18.5%
9 Aug 2019−10.5%
16 Aug 2019−2.3%
23 Aug 2019−9.1%
30 Aug 2019+3.2%
6 Sep 2019−0.8%
13 Sep 2019+7.3%
20 Sep 2019+2.7%
27 Sep 2019+11.5%
4 Oct 2019+5.3%
11 Oct 2019+6.9%
18 Oct 2019+7.5%
27 Oct 2019+4.9%
1 Nov 2019+15.2%
8 Nov 2019+5.3%
15 Nov 2019+2.1%
22 Nov 2019+0.0%
29 Nov 2019−6.9%
6 Dec 2019+1.6%
13 Dec 2019−6.1%
20 Dec 2019+3.5%
27 Dec 2019−4.3%
3 Jan 2020+0.6%
10 Jan 2020+0.6%
17 Jan 2020+0.3%
24 Jan 2020+2.4%
1 Feb 2020−7.0%
7 Feb 2020−4.4%
14 Feb 2020+3.6%
20 Feb 2020+12.4%
28 Feb 2020+13.8%
6 Mar 2020+11.8%
13 Mar 2020+15.6%
20 Mar 2020+4.0%
27 Mar 2020+4.4%
3 Apr 2020−4.5%
9 Apr 2020+7.4%
17 Apr 2020+4.4%
24 Apr 2020+0.7%
30 Apr 2020+7.9%
8 May 2020−1.7%
15 May 2020−2.2%
22 May 2020−7.0%
29 May 2020−9.3%
5 Jun 2020−1.6%
12 Jun 2020−7.0%
19 Jun 2020+5.2%
26 Jun 2020−0.2%
3 Jul 2020+8.7%
10 Jul 2020−8.7%
17 Jul 2020−13.0%
24 Jul 2020−9.3%
31 Jul 2020−11.9%
7 Aug 2020+1.0%
14 Aug 2020−7.0%
21 Aug 2020−10.0%
28 Aug 2020−0.3%
4 Sep 2020−16.9%
11 Sep 2020−21.5%
18 Sep 2020−6.3%
25 Sep 2020−11.5%
1 Oct 2020−1.3%
9 Oct 2020−0.5%
16 Oct 2020+5.6%
23 Oct 2020+26.1%
30 Oct 2020+18.4%
6 Nov 2020+13.0%
14 Nov 2020+16.2%
20 Nov 2020+20.8%
27 Nov 2020+8.4%
4 Dec 2020+10.3%
11 Dec 2020+12.2%
18 Dec 2020−6.1%
24 Dec 2020−6.1%
1 Jan 2021−12.3%
8 Jan 2021−3.4%
15 Jan 2021+2.8%
22 Jan 2021+13.5%
29 Jan 2021+9.9%
5 Feb 2021+28.7%
12 Feb 2021+28.4%
19 Feb 2021+21.4%
26 Feb 2021+21.3%
5 Mar 2021+23.9%
12 Mar 2021+30.3%
19 Mar 2021+32.7%
26 Mar 2021+35.8%
1 Apr 2021+39.6%
9 Apr 2021+27.9%
16 Apr 2021+11.8%
23 Apr 2021−12.1%
30 Apr 2021−7.7%
7 May 2021−22.9%
14 May 2021−24.4%
21 May 2021−23.5%
28 May 2021−21.2%
4 Jun 2021−21.7%
11 Jun 2021−24.8%
18 Jun 2021−23.6%
25 Jun 2021−20.9%
2 Jul 2021−24.1%
9 Jul 2021−27.1%
16 Jul 2021−8.4%
23 Jul 2021−13.2%
30 Jul 2021−14.6%
6 Aug 2021−6.2%
13 Aug 2021−6.8%
20 Aug 2021−7.2%
27 Aug 2021−12.2%
3 Sep 2021−11.9%
9 Sep 2021−15.8%
17 Sep 2021−14.4%
24 Sep 2021−13.7%
1 Oct 2021−14.2%
8 Oct 2021−10.8%
14 Oct 2021−21.8%
22 Oct 2021−17.3%
29 Oct 2021−17.5%
4 Nov 2021−17.3%
12 Nov 2021−14.9%
18 Nov 2021−12.9%
26 Nov 2021−8.7%
3 Dec 2021−15.0%
10 Dec 2021−9.7%
17 Dec 2021−13.1%
24 Dec 2021−16.5%
31 Dec 2021−9.2%
7 Jan 2022−16.1%
14 Jan 2022−15.3%
21 Jan 2022−12.0%
28 Jan 2022−12.9%
4 Feb 2022−11.9%
11 Feb 2022−11.4%
18 Feb 2022−12.1%
25 Feb 2022−14.5%
4 Mar 2022+0.3%
11 Mar 2022−10.9%
17 Mar 2022−11.0%
25 Mar 2022−12.2%
1 Apr 2022−21.4%
8 Apr 2022+1.3%
13 Apr 2022+1.5%
22 Apr 2022+7.2%
29 Apr 2022+9.3%
6 May 2022+9.6%
13 May 2022+2.8%
20 May 2022+8.2%
27 May 2022+4.6%
3 Jun 2022−3.5%
10 Jun 2022+4.3%
17 Jun 2022+1.2%
24 Jun 2022+7.4%
1 Jul 2022+9.7%
8 Jul 2022+9.0%
15 Jul 2022+15.8%
22 Jul 2022+6.4%
29 Jul 2022+8.7%
5 Aug 2022+12.7%
12 Aug 2022+20.5%
19 Aug 2022+19.5%
26 Aug 2022+27.7%
2 Sep 2022+29.2%
9 Sep 2022+24.8%
16 Sep 2022+59.9%
23 Sep 2022+57.7%
30 Sep 2022+58.1%
7 Oct 2022+32.1%
14 Oct 2022+14.8%
21 Oct 2022+17.4%
28 Oct 2022+16.6%
4 Nov 2022+15.4%
11 Nov 2022+25.9%
18 Nov 2022+22.1%
25 Nov 2022+26.3%
2 Dec 2022+33.2%
9 Dec 2022+29.6%
16 Dec 2022+13.0%
23 Dec 2022−5.0%
30 Dec 2022+1.5%
6 Jan 2023+7.7%
13 Jan 2023+9.2%
20 Jan 2023+6.7%
27 Jan 2023+5.6%
3 Feb 2023+1.3%
10 Feb 2023−8.1%
17 Feb 2023−5.8%
24 Feb 2023−10.7%
3 Mar 2023−20.1%
10 Mar 2023−10.3%
17 Mar 2023−16.4%
24 Mar 2023−3.8%
31 Mar 2023−7.2%
6 Apr 2023−15.3%
13 Apr 2023−10.5%
21 Apr 2023−12.3%
28 Apr 2023−2.0%
5 May 2023+8.0%
12 May 2023+20.6%
19 May 2023+17.7%
26 May 2023+36.5%
2 Jun 2023+27.4%
9 Jun 2023+22.1%
16 Jun 2023+36.2%
23 Jun 2023+30.9%
30 Jun 2023+30.4%
7 Jul 2023+57.1%
14 Jul 2023+55.2%
21 Jul 2023+60.6%
28 Jul 2023+46.0%
4 Aug 2023+33.5%
11 Aug 2023+15.3%
18 Aug 2023+13.3%
25 Aug 2023+1.5%
1 Sep 2023+9.0%
8 Sep 2023+4.8%
15 Sep 2023−4.4%
22 Sep 2023+0.2%
29 Sep 2023−1.0%
6 Oct 2023−16.5%
13 Oct 2023−14.2%
20 Oct 2023−8.1%
27 Oct 2023−12.5%
3 Nov 2023−15.1%
12 Nov 2023−12.7%
17 Nov 2023−11.8%
24 Nov 2023−14.2%
1 Dec 2023−11.8%
8 Dec 2023−1.8%
15 Dec 2023+2.9%
22 Dec 2023+1.1%
29 Dec 2023+1.3%
5 Jan 2024+2.8%
12 Jan 2024+4.2%
20 Jan 2024+16.2%
25 Jan 2024+15.9%
2 Feb 2024+6.0%
9 Feb 2024+18.2%
16 Feb 2024+22.5%
23 Feb 2024+27.1%
2 Mar 2024+25.9%
7 Mar 2024+14.6%
15 Mar 2024+1.2%
22 Mar 2024+3.9%
28 Mar 2024+4.1%
5 Apr 2024+2.8%
12 Apr 2024−0.9%
19 Apr 2024−21.7%
26 Apr 2024−17.0%
3 May 2024−5.4%
10 May 2024−24.3%
18 May 2024−21.0%
24 May 2024−24.8%
31 May 2024−24.3%
7 Jun 2024−23.2%
14 Jun 2024−11.3%
21 Jun 2024−14.6%
28 Jun 2024−5.7%
5 Jul 2024−9.6%
12 Jul 2024−12.3%
19 Jul 2024−2.4%
26 Jul 2024−8.7%
2 Aug 2024−5.2%
9 Aug 2024+15.2%
16 Aug 2024−2.2%
23 Aug 2024+9.0%
30 Aug 2024+4.1%
6 Sep 2024+9.2%
13 Sep 2024+10.4%
20 Sep 2024+4.6%
27 Sep 2024+9.0%
4 Oct 2024+10.7%
11 Oct 2024+12.8%
18 Oct 2024+11.4%
25 Oct 2024+8.6%
1 Nov 2024+4.2%
8 Nov 2024+6.3%
14 Nov 2024+11.3%
22 Nov 2024+3.8%
29 Nov 2024+14.4%
6 Dec 2024+9.1%
13 Dec 2024+9.9%
20 Dec 2024+13.6%
27 Dec 2024+7.9%
3 Jan 2025+10.1%
10 Jan 2025+11.4%
17 Jan 2025+8.1%
24 Jan 2025+14.0%
1 Feb 2025+9.4%
7 Feb 2025+4.8%
14 Feb 2025−0.5%
21 Feb 2025+6.1%
28 Feb 2025−5.4%
7 Mar 2025−2.8%
13 Mar 2025−7.9%
21 Mar 2025−0.6%
28 Mar 2025−6.5%
4 Apr 2025−1.5%
11 Apr 2025−7.5%
17 Apr 2025−4.1%
25 Apr 2025−0.8%
2 May 2025+14.2%
9 May 2025+23.5%
16 May 2025+37.8%
23 May 2025+27.0%
30 May 2025+36.6%
6 Jun 2025+31.1%
13 Jun 2025+30.6%
20 Jun 2025+14.8%
27 Jun 2025+15.9%
4 Jul 2025+10.2%
11 Jul 2025+21.8%
18 Jul 2025+21.4%
25 Jul 2025+6.8%
1 Aug 2025−7.0%
8 Aug 2025−16.9%
14 Aug 2025−21.1%
22 Aug 2025−15.9%
29 Aug 2025−17.4%
5 Sep 2025−10.7%
12 Sep 2025−13.8%
19 Sep 2025−3.3%
26 Sep 2025−4.1%
3 Oct 2025−0.8%
10 Oct 2025−4.5%
17 Oct 2025−3.9%
24 Oct 2025+18.6%
31 Oct 2025+20.4%
7 Nov 2025+22.3%
14 Nov 2025+25.6%
21 Nov 2025+16.6%
28 Nov 2025+19.1%
5 Dec 2025+15.1%
12 Dec 2025+13.5%
19 Dec 2025+12.9%
26 Dec 2025+9.4%
2 Jan 2026+6.8%
9 Jan 2026+4.9%
16 Jan 2026+5.5%
23 Jan 2026−6.6%
1 Feb 2026−6.6%
6 Feb 2026−2.3%
13 Feb 2026+0.6%
20 Feb 2026+0.1%
27 Feb 2026−2.7%
6 Mar 2026−7.5%
13 Mar 2026−0.3%
20 Mar 2026−0.1%
27 Mar 2026+2.1%
17 Apr 2026−0.1%
24 Apr 2026−4.2%
30 Apr 2026−10.5%
8 May 2026−8.2%
15 May 2026−9.9%
22 May 2026−12.3%
29 May 2026−14.1%
4 Jun 2026−10.8%
5 Jun 2026−9.9%
10 Jun 2026−10.4%
12 Jun 2026−7.0%
17 Jun 2026−9.2%
19 Jun 2026−10.9%
24 Jun 2026−7.7%
25 Jun 2026−0.7%
1 Jul 2026+4.8%
3 Jul 2026+10.9%
10 Jul 2026+16.7%
17 Jul 2026+6.0%
24 Jul 2026+1.6%
31 Jul 2026+1.8%
7 Aug 2026+11.1%
14 Aug 2026+13.9%
21 Aug 2026+2.8%
28 Aug 2026−1.0%
4 Sep 2026−3.9%
11 Sep 2026−3.9%
18 Sep 2026+0.6%
25 Sep 2026−4.8%
1 Oct 2026−7.3%
9 Oct 2026−9.3%
16 Oct 2026−2.6%
23 Oct 2026−1.6%
30 Oct 2026−3.3%
4 Nov 2026−0.6%
Each bar is one week, from 2016 to now (547 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +223% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at CEAT this quarter?

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), foreign funds (FIIs) cut their stake for 3 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

  1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹4,762 crore, +26.2% on a year earlier.

    Why: Revenue rose because the company sold more tyres, led by car makers and export customers.

    Next results: check whether replacement tyre volumes bounce back after temporary production limits, with rural two-wheeler demand still strong.

    From the earnings call on 15 Oct 2026.

  2. Foreign funds (FIIs) cut their stake for 3 quarters in a row

    From 16.9% to 13.4% of the company by the September 2026 quarter.

  3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

    From 20.5% to 23.3% of the company by the September 2026 quarter.

What are CEAT's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), CEAT reported revenue of ₹4,762 crore, up 26.2% from ₹3,773 crore a year earlier, and a profit of ₹112 crore, down 39.8% from ₹186 crore.

CEAT results: July to September 2026 against a year earlier

CEAT results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹4,762 crore₹3,773 crore+26.2%
Profit₹112 crore₹186 crore−39.8%
Earnings per share₹27.69₹45.98−39.8%
Operating margin10.0%13.0%−3.0 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

CEAT's management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the CEAT share price history?

CEAT closed at ₹3,415.10 on 4 November 2026, down 15.2% from ₹4,026.00 a year earlier (7 November 2025) and up 169.1% over five years. Its highest weekly close since March 2016 was ₹4,140.90 on 24 October 2025.

CEAT share price: then and now

CEAT share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹3,087.20+10.6%
1 month ago · 1 Oct 2026₹3,286.60+3.9%
6 months ago · 8 May 2026₹3,323.80+2.7%
1 year ago · 7 Nov 2025₹4,026.00−15.2%
3 years ago · 3 Nov 2023₹2,128.25+60.5%
5 years ago · 4 Nov 2021₹1,269.15+169.1%
10 years ago · 4 Nov 2016₹1,200.35+184.5%
Earliest weekly close in our records · 11 Mar 2016₹1,056.35+223.3%
Highest weekly close since March 2016 · 24 Oct 2025₹4,140.90−17.5%
Lowest weekly close since March 2016 · 3 Apr 2020₹701.65+386.7%
52-week high (weekly close) · 7 Nov 2025₹4,026.00−15.2%
52-week low (weekly close) · 23 Oct 2026₹3,060.20+11.6%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on CEAT?

4 Nov 2026: CEAT closed at ₹3,415.10, up 10.6% on the week and up 3.9% on the month. 15 Oct 2026: CEAT held its results call for July to September 2026. Management guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit.

Earlier

  • Results for July to September 2026: Revenue up 26.2% and profit down 39.8% on a year earlier.
  • 31 Jul 2026: ex-date for a dividend of ₹35 a share.

What dividend does CEAT pay?

CEAT paid ₹35 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.02% at the ₹3,415.10 close on 4 November 2026. The last was a dividend of ₹35 a share, ex-date 31 July 2026.

CEAT dividends since 1 April 2021

CEAT dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
31 Jul 2026Dividend₹35Dividendsame day
8 Aug 2025Dividend₹30Dividendsame day
9 Aug 2024Dividend₹30Dividendsame day
20 Jun 2023Dividend₹12Dividendsame day
10 Jun 2022Dividend₹3Dividend13 Jun 2022
27 Aug 2021Dividend₹18Dividend30 Aug 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. CEAT Ltd paid out 20% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did CEAT management say on the latest results call?

On the call for July to September 2026, held on 15 October 2026, CEAT's management guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit.

“Thus, by December, the total increase will be 27% over March exit prices.”Arnab Banerjee, on the call for July to September 2026

What management guided

  • Continuous low-dose price hikes across all segments through Q3, with October increases underway.
  • Second-half replacement outlook of mid-single growth in commercial, low-single in passenger, double-digit in two-wheelers and low farm growth.
  • Camso second-half volumes up 20% plus over first-half base with near operating profit-positive turn, EPS-accretive by FY29.
  • Camso customer handover to 100% by end-Q3, upstream ready by Q1 next year and full chain control by July to September 2027.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

What to watch in CEAT's next results?

When CEAT reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q3 gross margin path toward comfort - verify price execution covers flagged cost pressure with lagged recovery.

CEAT: what to watch next quarter
What to check (from the call)
Q3 gross margin path toward comfort - verify price execution covers flagged cost pressure with lagged recovery.
Camso customer handover completion with flagged volume ramp and operating profit turn - track Q3 disclosure and milestones.
Standalone working capital return toward low levels with leverage in flagged band - confirm cash conversion.
Replacement volume rebound after temporary limits with rural two-wheeler strength intact - check Q3 volumes.

Which stock lists is CEAT on?

CEAT is on 2 of our India lists: 52 week high & low and Small & mid cap stocks.

Is CEAT profitable?

CEAT Ltd earned ₹112 Cr of net profit in the Sep 2026 quarter, −39.8% on the same quarter a year earlier. Full-year FY26 profit was ₹697 Cr. Over 10 years profit has grown 4.8% a year on average. That is 2.4% of the quarter's revenue. The same quarter a year earlier earned ₹186 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹697 Cr (+48.0% on the year before).

FY26 profit ₹697 Cr (+48.0% on the year before), 4.8% a year over 10 years

  • Net profit ₹697
FY26 profit ₹697 Cr (+48.0% on the year before), 4.8% a year over 10 years
QuarterNet profit
FY16₹436
FY17₹359
FY18₹233
FY19₹251
FY20₹230
FY21₹432
FY22₹71
FY23₹182
FY24₹635
FY25₹471
FY26₹697

Growth on a year earlier

  • Growth on a year earlier 48%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1638.9%
FY17−17.7%
FY18−35.1%
FY197.7%
FY20−8.4%
FY2187.8%
FY22−83.6%
FY23156.3%
FY24248.9%
FY25−25.8%
FY2648%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹112 Cr (−39.8% on a year earlier)

  • Net profit (quarterly) ₹112
Sep 2026: ₹112 Cr (−39.8% on a year earlier)
QuarterNet profit (quarterly)
Dec 2023₹181
Mar 2024₹102
Jun 2024₹154
Sep 2024₹121
Dec 2024₹97
Mar 2025₹99
Jun 2025₹112
Sep 2025₹186
Dec 2025₹155
Mar 2026₹244
Jun 2026₹4
Sep 2026₹112

Growth on a year earlier

  • Growth on a year earlier −39.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023417.1%
Mar 2024−22.7%
Jun 20246.9%
Sep 2024−41.8%
Dec 2024−46.4%
Mar 2025−2.9%
Jun 2025−27.3%
Sep 202553.7%
Dec 202559.8%
Mar 2026146.5%
Jun 2026−96.4%
Sep 2026−39.8%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +26.2% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +17.5% and revenue +24.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does CEAT make, and is it growing?

CEAT Ltd reported ₹4,762 Cr of revenue in the Sep 2026 quarter, +26.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 11.1% a year on average. The last full year, FY26, came in at ₹15,678 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹17,456 Cr.

FY26 revenue was ₹15,678 Cr, +18.6% on the year before.

FY26 revenue ₹15,678 Cr (+18.6% on the year before), 11.1% a year over 10 years

  • Revenue ₹15,678
FY26 revenue ₹15,678 Cr (+18.6% on the year before), 11.1% a year over 10 years
QuarterRevenue
FY16₹5,484
FY17₹5,766
FY18₹6,282
FY19₹6,985
FY20₹6,779
FY21₹7,610
FY22₹9,363
FY23₹11,315
FY24₹11,943
FY25₹13,218
FY26₹15,678

Growth on a year earlier

  • Growth on a year earlier 18.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY16−3.9%
FY175.1%
FY188.9%
FY1911.2%
FY20−2.9%
FY2112.3%
FY2223%
FY2320.8%
FY245.6%
FY2510.7%
FY2618.6%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹4,762 Cr (+26.2% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹4,762
Sep 2026: ₹4,762 Cr (+26.2% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹2,963
Mar 2024₹2,992
Jun 2024₹3,193
Sep 2024₹3,305
Dec 2024₹3,300
Mar 2025₹3,421
Jun 2025₹3,529
Sep 2025₹3,773
Dec 2025₹4,157
Mar 2026₹4,219
Jun 2026₹4,318
Sep 2026₹4,762

Growth on a year earlier

  • Growth on a year earlier 26.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 20238.7%
Mar 20244.1%
Jun 20248.8%
Sep 20248.3%
Dec 202411.4%
Mar 202514.3%
Jun 202510.5%
Sep 202514.2%
Dec 202526%
Mar 202623.3%
Jun 202622.4%
Sep 202626.2%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +24.5% on average, against 11.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +24.5%, against +18.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +4.3%, against −3.9% a year (accelerating).

How much of every ₹100 of sales does CEAT keep?

CEAT Ltd's operating margin was 10.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 8.0% and 14.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.7 percentage points on the year while gross margin changed −6.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY26: 13.0%, within a range of 8.0% to 14.0% over 13 years

  • Operating margin 13.0%
FY26: 13.0%, within a range of 8.0% to 14.0% over 13 years
QuarterOperating margin
FY1412%
FY1512%
FY1614%
FY1712%
FY1810%
FY199%
FY2011%
FY2113%
FY228%
FY239%
FY2414%
FY2511%
FY2613%

Change on the year before (points)

  • Change on the year before (points) +2.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY150.0 pts
FY16+2.0 pts
FY17−2.0 pts
FY18−2.0 pts
FY19−1.0 pts
FY20+2.0 pts
FY21+2.0 pts
FY22−5.0 pts
FY23+1.0 pts
FY24+5.0 pts
FY25−3.0 pts
FY26+2.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Sep 2026: operating margin 10.0% (−3.0 points on a year earlier)

  • Operating margin 10.0%
Sep 2026: operating margin 10.0% (−3.0 points on a year earlier)
QuarterOperating margin
Dec 202314%
Mar 202413%
Jun 202412%
Sep 202411%
Dec 202410%
Mar 202511%
Jun 202511%
Sep 202513%
Dec 202514%
Mar 202614%
Jun 20268%
Sep 202610%

Change on a year earlier (points)

  • Change on a year earlier (points) −3.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+5.0 pts
Mar 20240.0 pts
Jun 2024−1.2 pts
Sep 2024−4.0 pts
Dec 2024−4.0 pts
Mar 2025−2.0 pts
Jun 2025−1.0 pts
Sep 2025+2.0 pts
Dec 2025+4.0 pts
Mar 2026+3.0 pts
Jun 2026−3.0 pts
Sep 2026−3.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is CEAT's profit turning into cash?

Over the last 3 years, 255% of CEAT Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,786 Cr of operating cash against ₹697 Cr of profit. After ₹2,252 Cr of spending on assets, free cash was −₹466 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹1,786 Cr against profit ₹697 Cr; 255% of 3 years' profit came in as cash

  • Operating cash ₹1,786
  • Net profit ₹697
  • Free cash −₹466
FY26: operating cash ₹1,786 Cr against profit ₹697 Cr; 255% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹702₹436₹73
FY17₹335₹359−₹256
FY18₹672₹233₹263
FY19₹561₹251−₹626
FY20₹956₹230−₹537
FY21₹1,358₹432₹691
FY22₹619₹71−₹465
FY23₹1,205₹182₹249
FY24₹1,719₹635₹947
FY25₹1,092₹471−₹38
FY26₹1,786₹697−₹466
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 256% of profit (255% over three years)

  • Operating cash as % of profit 256%
  • Break-even line 100%
FY26: operating cash was 256% of profit (255% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16161%100%
FY1793%100%
FY18288%100%
FY19224%100%
FY20300%100%
FY21300%100%
FY22300%100%
FY23300%100%
FY24271%100%
FY25232%100%
FY26256%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 255% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building.

Where does CEAT's cash go?

CEAT Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −21 days in FY26, down from −16 days in FY21. It spent ₹4,154 Cr on assets over the last 3 years. Customers take 43 days to pay, and stock sits for 68 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹15,678 Cr, each day of that cycle ties up about ₹43.0 Cr, so roughly −₹902 Cr is tied up in the business at any time.

FY26: customers took 43 days to pay and stock sat for 68 days, about 2.2 months of sales sitting as stock, for a full cycle of −21 days, shorter than FY21's −16.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 68 days. Customers pay about 43 days after that. Suppliers are paid at 132 days. Together that makes the −21-day cycle.

FY26: a −21-day cash cycle, −5 days compared with FY21

  • Cash cycle −21d
  • Inventory days 68d
  • Debtor days 43d
  • Payable days 132d
FY26: a −21-day cash cycle, −5 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY1457d77d50d71d
FY1547d70d45d68d
FY1640d76d40d75d
FY1759d101d39d81d
FY1835d75d43d83d
FY1933d88d37d92d
FY2012d88d36d111d
FY21−16d97d44d157d
FY22−6d79d45d131d
FY23−14d56d42d112d
FY24−23d61d39d123d
FY25−13d63d46d122d
FY26−21d68d43d132d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹4,154 Cr over the last 3 years, against ₹1,769 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹638 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹2,252 Cr, work in progress ₹638 Cr, a build-out

  • Capex ₹2,252
  • Work-in-progress ₹638
FY26: capex ₹2,252 Cr, work in progress ₹638 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹629₹299
FY17₹591₹326
FY18₹409₹310
FY19₹1,187₹833
FY20₹1,493₹1,069
FY21₹667₹793
FY22₹1,084₹876
FY23₹956₹596
FY24₹772₹684
FY25₹1,130₹538
FY26₹2,252₹638
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is CEAT's P/E ratio, and how does it compare with its own history?

CEAT Ltd's P/E is 24.1×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 17.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹127.51.

P/E 24.1× against a usual 17.6×: near the high end of its own history: higher than 72% of past readings

  • P/E 21.9×
  • Median 17.6×
P/E 24.1× against a usual 17.6×: near the high end of its own history: higher than 72% of past readings
WeekP/EMedian
11 Mar 20169.80×17.6×
1 Apr 20169.70×17.6×
22 Apr 201610.0×17.6×
13 May 20169.20×17.6×
3 Jun 20168.20×17.6×
24 Jun 20167.00×17.6×
15 Jul 20168.10×17.6×
5 Aug 20168.60×17.6×
26 Aug 20168.20×17.6×
16 Sep 201610.1×17.6×
7 Oct 201612.9×17.6×
30 Oct 201611.5×17.6×
18 Nov 201611.4×17.6×
9 Dec 201612.1×17.6×
30 Dec 201611.0×17.6×
20 Jan 201711.1×17.6×
10 Feb 201711.6×17.6×
3 Mar 201711.8×17.6×
24 Mar 201713.3×17.6×
13 Apr 201714.7×17.6×
5 May 201718.2×17.6×
26 May 201718.4×17.6×
16 Jun 201720.4×17.6×
7 Jul 201720.8×17.6×
28 Jul 201720.1×17.6×
18 Aug 201725.8×17.6×
8 Sep 201726.1×17.6×
29 Sep 201725.9×17.6×
19 Oct 201725.9×17.6×
10 Nov 201726.2×17.6×
1 Dec 201729.1×17.6×
22 Dec 201732.5×17.6×
12 Jan 201832.9×17.6×
2 Feb 201827.6×17.6×
23 Feb 201827.1×17.6×
16 Mar 201826.3×17.6×
6 Apr 201827.6×17.6×
27 Apr 201826.1×17.6×
18 May 201821.4×17.6×
8 Jun 201821.2×17.6×
29 Jun 201819.7×17.6×
20 Jul 201816.5×17.6×
10 Aug 201817.1×17.6×
31 Aug 201816.9×17.6×
21 Sep 201815.6×17.6×
12 Oct 201813.4×17.6×
2 Nov 201815.2×17.6×
22 Nov 201815.9×17.6×
14 Dec 201816.9×17.6×
4 Jan 201916.9×17.6×
25 Jan 201915.3×17.6×
15 Feb 201915.2×17.6×
8 Mar 201916.0×17.6×
29 Mar 201915.9×17.6×
18 Apr 201915.9×17.6×
10 May 201913.9×17.6×
31 May 201913.8×17.6×
21 Jun 201912.9×17.6×
12 Jul 201912.7×17.6×
2 Aug 201910.9×17.6×
23 Aug 201911.7×17.6×
13 Sep 201912.6×17.6×
4 Oct 201912.9×17.6×
27 Oct 201913.9×17.6×
15 Nov 201913.9×17.6×
6 Dec 201914.1×17.6×
27 Dec 201914.7×17.6×
17 Jan 202014.8×17.6×
7 Feb 202014.2×17.6×
28 Feb 202014.8×17.6×
20 Mar 202010.4×17.6×
9 Apr 202011.9×17.6×
30 Apr 202011.7×17.6×
22 May 202010.9×17.6×
12 Jun 202015.0×17.6×
3 Jul 202015.0×17.6×
24 Jul 202013.8×17.6×
14 Aug 202023.2×17.6×
4 Sep 202023.4×17.6×
25 Sep 202024.0×17.6×
16 Oct 202026.3×17.6×
6 Nov 202015.5×17.6×
27 Nov 202016.0×17.6×
18 Dec 202015.5×17.6×
8 Jan 202116.7×17.6×
29 Jan 202115.8×17.6×
19 Feb 202117.0×17.6×
12 Mar 202117.3×17.6×
1 Apr 202117.1×17.6×
23 Apr 202115.4×17.6×
14 May 202111.3×17.6×
4 Jun 202111.7×17.6×
25 Jun 202111.8×17.6×
16 Jul 202112.7×17.6×
6 Aug 202110.9×17.6×
27 Aug 202110.4×17.6×
17 Sep 202110.7×17.6×
8 Oct 202111.1×17.6×
29 Oct 202114.0×17.6×
18 Nov 202113.7×17.6×
10 Dec 202113.2×17.6×
31 Dec 202113.7×17.6×
21 Jan 202221.9×17.6×
11 Feb 202220.9×17.6×
4 Mar 202220.8×17.6×
25 Mar 202218.7×17.6×
13 Apr 202221.9×17.6×
6 May 202252.9×17.6×
27 May 202252.2×17.6×
17 Jun 202242.4×17.6×
8 Jul 202252.8×17.6×
29 Jul 202252.9×17.6×
19 Aug 202252.9×17.6×
9 Sep 202252.9×17.6×
30 Sep 202252.9×17.6×
21 Oct 202252.9×17.6×
27 Jan 202352.9×17.6×
17 Feb 202352.9×17.6×
10 Mar 202352.9×17.6×
31 Mar 202352.9×17.6×
21 Apr 202352.9×17.6×
12 May 202336.6×17.6×
2 Jun 202337.8×17.6×
23 Jun 202338.6×17.6×
14 Jul 202346.8×17.6×
4 Aug 202329.2×17.6×
25 Aug 202327.3×17.6×
15 Sep 202325.4×17.6×
6 Oct 202325.2×17.6×
27 Oct 202316.2×17.6×
17 Nov 202316.2×17.6×
8 Dec 202317.8×17.6×
29 Dec 202318.6×17.6×
20 Jan 202422.3×17.6×
9 Feb 202416.8×17.6×
2 Mar 202417.1×17.6×
22 Mar 202415.6×17.6×
12 Apr 202415.5×17.6×
3 May 202415.1×17.6×
24 May 202414.1×17.6×
14 Jun 202415.1×17.6×
5 Jul 202416.0×17.6×
26 Jul 202415.4×17.6×
16 Aug 202415.5×17.6×
6 Sep 202416.9×17.6×
27 Sep 202419.2×17.6×
18 Oct 202420.1×17.6×
8 Nov 202419.3×17.6×
29 Nov 202420.8×17.6×
20 Dec 202420.3×17.6×
10 Jan 202520.8×17.6×
1 Feb 202522.9×17.6×
21 Feb 202521.5×17.6×
13 Mar 202520.7×17.6×
4 Apr 202522.5×17.6×
25 Apr 202523.8×17.6×
16 May 202531.4×17.6×
6 Jun 202531.1×17.6×
27 Jun 202529.9×17.6×
18 Jul 202533.7×17.6×
8 Aug 202527.8×17.6×
29 Aug 202527.6×17.6×
19 Sep 202529.9×17.6×
10 Oct 202531.2×17.6×
31 Oct 202531.1×17.6×
21 Nov 202530.0×17.6×
12 Dec 202528.8×17.6×
2 Jan 202630.0×17.6×
23 Jan 202624.2×17.6×
13 Feb 202625.8×17.6×
6 Mar 202622.5×17.6×
27 Mar 202622.5×17.6×
17 Apr 202624.2×17.6×
8 May 202618.0×17.6×
29 May 202617.6×17.6×
10 Jun 202616.9×17.6×
19 Jun 202618.7×17.6×
1 Jul 202619.6×17.6×
17 Jul 202622.6×17.6×
7 Aug 202623.7×17.6×
28 Aug 202622.3×17.6×
18 Sep 202622.0×17.6×
9 Oct 202620.7×17.6×
30 Oct 202621.9×17.6×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹141
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹109
22 Apr 2016₹109
13 May 2016₹109
3 Jun 2016₹109
24 Jun 2016₹110
15 Jul 2016₹110
5 Aug 2016₹110
26 Aug 2016₹110
16 Sep 2016₹110
7 Oct 2016₹106
30 Oct 2016₹106
18 Nov 2016₹106
9 Dec 2016₹106
30 Dec 2016₹106
20 Jan 2017₹106
10 Feb 2017₹106
3 Mar 2017₹106
24 Mar 2017₹99
13 Apr 2017₹99
5 May 2017₹99
26 May 2017₹99
16 Jun 2017₹99
7 Jul 2017₹92
28 Jul 2017₹92
18 Aug 2017₹92
8 Sep 2017₹92
29 Sep 2017₹66
19 Oct 2017₹66
10 Nov 2017₹66
1 Dec 2017₹66
22 Dec 2017₹60
12 Jan 2018₹60
2 Feb 2018₹60
23 Feb 2018₹60
16 Mar 2018₹60
6 Apr 2018₹60
27 Apr 2018₹60
18 May 2018₹60
8 Jun 2018₹60
29 Jun 2018₹64
20 Jul 2018₹64
10 Aug 2018₹64
31 Aug 2018₹64
21 Sep 2018₹82
12 Oct 2018₹82
2 Nov 2018₹82
22 Nov 2018₹82
14 Dec 2018₹82
4 Jan 2019₹78
25 Jan 2019₹78
15 Feb 2019₹78
8 Mar 2019₹78
29 Mar 2019₹70
18 Apr 2019₹70
10 May 2019₹70
31 May 2019₹70
21 Jun 2019₹71
12 Jul 2019₹71
2 Aug 2019₹71
23 Aug 2019₹71
13 Sep 2019₹71
4 Oct 2019₹74
27 Oct 2019₹74
15 Nov 2019₹74
6 Dec 2019₹74
27 Dec 2019₹69
17 Jan 2020₹69
7 Feb 2020₹69
28 Feb 2020₹69
20 Mar 2020₹69
9 Apr 2020₹69
30 Apr 2020₹69
22 May 2020₹69
12 Jun 2020₹69
3 Jul 2020₹62
24 Jul 2020₹62
14 Aug 2020₹62
4 Sep 2020₹62
25 Sep 2020₹38
16 Oct 2020₹38
6 Nov 2020₹38
27 Nov 2020₹38
18 Dec 2020₹72
8 Jan 2021₹72
29 Jan 2021₹72
19 Feb 2021₹72
12 Mar 2021₹72
1 Apr 2021₹94
23 Apr 2021₹94
14 May 2021₹94
4 Jun 2021₹94
25 Jun 2021₹114
16 Jul 2021₹114
6 Aug 2021₹114
27 Aug 2021₹114
17 Sep 2021₹123
8 Oct 2021₹123
29 Oct 2021₹123
18 Nov 2021₹123
10 Dec 2021₹123
31 Dec 2021₹89
21 Jan 2022₹89
11 Feb 2022₹89
4 Mar 2022₹89
25 Mar 2022₹51
13 Apr 2022₹51
6 May 2022₹51
27 May 2022₹51
17 Jun 2022₹21
8 Jul 2022₹21
29 Jul 2022₹21
19 Aug 2022₹21
9 Sep 2022₹21
30 Sep 2022₹16
21 Oct 2022₹16
27 Jan 2023₹16
17 Feb 2023₹16
10 Mar 2023₹16
31 Mar 2023₹23
21 Apr 2023₹23
12 May 2023₹23
2 Jun 2023₹23
23 Jun 2023₹52
14 Jul 2023₹52
4 Aug 2023₹52
25 Aug 2023₹52
15 Sep 2023₹52
6 Oct 2023₹84
27 Oct 2023₹84
17 Nov 2023₹84
8 Dec 2023₹84
29 Dec 2023₹130
20 Jan 2024₹130
9 Feb 2024₹130
2 Mar 2024₹130
22 Mar 2024₹167
12 Apr 2024₹167
3 May 2024₹167
24 May 2024₹167
14 Jun 2024₹167
5 Jul 2024₹168
26 Jul 2024₹168
16 Aug 2024₹168
6 Sep 2024₹168
27 Sep 2024₹169
18 Oct 2024₹169
8 Nov 2024₹169
29 Nov 2024₹169
20 Dec 2024₹149
10 Jan 2025₹149
1 Feb 2025₹149
21 Feb 2025₹149
13 Mar 2025₹149
4 Apr 2025₹127
25 Apr 2025₹127
16 May 2025₹127
6 Jun 2025₹127
27 Jun 2025₹122
18 Jul 2025₹122
8 Aug 2025₹122
29 Aug 2025₹122
19 Sep 2025₹114
10 Oct 2025₹114
31 Oct 2025₹114
21 Nov 2025₹114
12 Dec 2025₹114
2 Jan 2026₹129
23 Jan 2026₹129
13 Feb 2026₹129
6 Mar 2026₹129
27 Mar 2026₹154
17 Apr 2026₹154
8 May 2026₹154
29 May 2026₹154
10 Jun 2026₹154
19 Jun 2026₹185
1 Jul 2026₹185
17 Jul 2026₹185
7 Aug 2026₹185
28 Aug 2026₹185
18 Sep 2026₹157
9 Oct 2026₹157
30 Oct 2026₹141
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 53× are drawn at the top edge.

PEG 5.95: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 5.95×
  • PEG = 1.0 1.00×
PEG 5.95: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q3 FY240.02×1.00×
Q4 FY240.07×1.00×
Q1 FY250.17×1.00×
Q2 FY252.65×1.00×
Q3 FY261.87×1.00×
Q4 FY260.39×1.00×
Q1 FY270.65×1.00×
Q2 FY275.95×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 8 quarters.
24.1×P/E · higher than 72% of its last 11 years
2.57PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved +47.7% while the price moved −15.2%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +21.9% a year; about +9.6% a year came from earnings growth and about +12.3 percentage points from the multiple (the market paying more); over 10 years the price moved +11.0% a year; about +2.9% a year came from earnings growth and about +8.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the CEAT business getting better or worse?

CEAT Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +763.6% at its peak to +4.3% now), while ROCE is still 16.7%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +18.6% in FY26, profit +48.0%

  • Revenue growth 18.6%
Growth year by year: revenue +18.6% in FY26, profit +48.0%
QuarterRevenue growth
FY16−3.9%
FY175.1%
FY188.9%
FY1911.2%
FY20−2.9%
FY2112.3%
FY2223%
FY2320.8%
FY245.6%
FY2510.7%
FY2618.6%

Profit growth, EPS growth

  • Profit growth 48%
  • EPS growth 47.7%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1638.9%38%
FY17−17.7%−17.5%
FY18−35.1%−34.1%
FY197.7%6%
FY20−8.4%−8.3%
FY2187.8%86.8%
FY22−83.6%−83.5%
FY23156.3%161.5%
FY24248.9%245.2%
FY25−25.8%−26.4%
FY2648%47.7%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 24.5%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 20237.2%
Mar 20245.6%
Jun 20246.7%
Sep 20247.4%
Dec 20248.1%
Mar 202510.7%
Jun 202511.1%
Sep 202512.6%
Dec 202516.3%
Mar 202618.6%
Jun 202621.5%
Sep 202624.5%

Profit, EPS

  • Profit 4.3%
  • EPS 4.3%
Profit, EPS
QuarterProfitEPS
Dec 2023300%300%
Mar 2024245.1%245.2%
Jun 2024102.2%102.9%
Sep 20247.5%8.5%
Dec 2024−28.7%−27.9%
Mar 2025−25.8%−26.5%
Jun 2025−33.5%−34%
Sep 2025−11.5%−12.6%
Dec 202516.5%14.9%
Mar 202648%47.6%
Jun 202637.3%37%
Sep 20264.3%4.3%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 16.7%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 202416%
Mar 202515.4%
Jun 202514.9%
Sep 202515.7%
Dec 202517.6%
Mar 202619.5%
Jun 202618.6%
Sep 202616.7%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +24.5%, range +5.6% to +24.5%
Turning downProfit growth · latest +4.3%, range −33.5% to +763.6%
Turning downEPS growth · latest +4.3%, range −34.0% to +759.4%
Steady highROCE · latest 16.7%, range 14.9% to 19.5%

Why it matters: slowing from a peak is where good stories often end quietly.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+18.6%+11.5%+15.6%+11.1%
Profit+48.0%+56.5%+10.0%+4.8%
EPS+47.7%+55.4%+10.1%+4.8%
Share price−15.2%+17.1%+21.9%+11.0%
+26.2%Revenue growth (Sep 2026) · latest quarter against a year ago
−39.8%Profit growth (Sep 2026) · latest quarter against a year ago
11.1%Revenue, 10 years · yearly growth over the long run

How much does CEAT earn on its capital?

CEAT Ltd earned a ROCE of 19% in FY26. That is up from a low of 6% in FY22. Its return on capital used (ROIC) is 2.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 4.4% net margin and 1.13× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 4.4% net margin × 1.13× asset turnover × 2.76× leverage (assets divided by equity) ≈ 13.7% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 9.6% − 12.0% = −2.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 9.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 13.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 19%, the climb back from FY22's 6%

  • ROCE 19%
  • ROIC (annual) 13.2%
  • Cost of capital 12%
FY26: ROCE 19%, the climb back from FY22's 6%
QuarterROCEROIC (annual)Cost of capital
FY1430%–12%
FY1526%–12%
FY1627%–12%
FY1719%–12%
FY1815%–12%
FY1913%–12%
FY2010%–12%
FY2114%–12%
FY226%4.1%12%
FY239%6.5%12%
FY2420%14.8%12%
FY2515%10.9%12%
FY2619%13.2%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY27: ROCE 16.8% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 16.8%
  • ROIC (12 months) 10.7%
  • Cost of capital 12.0%
Q2 FY27: ROCE 16.8% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q3 FY24–12.5%12%
Q4 FY2420.2%14.9%12%
Q1 FY25–14.8%12%
Q2 FY2518%14.6%12%
Q3 FY25–12.9%12%
Q4 FY2515.1%11.3%12%
Q1 FY26–10.9%12%
Q2 FY2614.8%10.4%12%
Q3 FY26–11.1%12%
Q4 FY2618.2%12.2%12%
Q1 FY27–13.2%12%
Q2 FY2716.8%10.7%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does CEAT have too much debt?

CEAT Ltd has total debt of ₹4,065 Cr against shareholder equity of ₹4,969 Cr as of Sep 2026, so its debt is 0.82× its equity. Year by year, that ratio went from 0.68 in FY22 to 0.65 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹3,272 Cr, 0.65× equity

  • Total debt ₹3,272
FY26: debt ₹3,272 Cr, 0.65× equity
QuarterTotal debt
FY22₹2,229
FY23₹2,295
FY24₹1,792
FY25₹2,136
FY26₹3,272

Debt-to-equity

  • Debt-to-equity 0.65×
Debt-to-equity
QuarterDebt-to-equity
FY220.68×
FY230.66×
FY240.44×
FY250.49×
FY260.65×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt ₹4,065 Cr, debt-to-equity 0.82

  • Total debt (quarterly) ₹4,065
Sep 2026: debt ₹4,065 Cr, debt-to-equity 0.82
QuarterTotal debt (quarterly)
Dec 2023₹2,062
Mar 2024₹1,792
Jun 2024₹1,792
Sep 2024₹2,084
Dec 2024₹2,084
Mar 2025₹2,136
Jun 2025₹2,136
Sep 2025₹3,114
Dec 2025₹3,114
Mar 2026₹3,272
Jun 2026₹3,272
Sep 2026₹4,065

Debt-to-equity

  • Debt-to-equity 0.82×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.55×
Mar 20240.44×
Jun 20240.44×
Sep 20240.50×
Dec 20240.50×
Mar 20250.49×
Jun 20250.49×
Sep 20250.68×
Dec 20250.68×
Mar 20260.65×
Jun 20260.65×
Sep 20260.82×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the CEAT shareholding pattern?

Domestic institutions raised their stake in CEAT Ltd by 3.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 23.3% of the company. Foreign institutions moved −3.2 points over the same period, to 13.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: +3.5 points over 8 quarters, to 23.3%; Foreign institutions: −3.2 points over 8 quarters, to 13.4%; Promoters: +0.1 points over 8 quarters, to 47.3%.

Why the owners changed: foreign institutions moved −3.2 points and domestic institutions +3.5 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

Year ends: promoters +0.1 points from Mar 2024 to Mar 2026

  • Promoters 47.29%
  • Foreign inst. 16.55%
  • Domestic inst. 20.9%
  • Public 14.99%
Year ends: promoters +0.1 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202447.21%20.16%15.91%16.73%
Mar 202547.21%15.28%21.52%15.99%
Mar 202647.29%16.55%20.9%14.99%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions raised their stake by 3.5 points over 8 quarters

  • Promoters 47.29%
  • Foreign inst. 13.41%
  • Domestic inst. 23.26%
  • Public 15.69%
Domestic institutions raised their stake by 3.5 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202347.21%24.1%12.92%15.79%
Dec 202347.21%19.99%14.29%18.5%
Mar 202447.21%20.16%15.91%16.73%
Jun 202447.21%18.76%17.09%16.93%
Sep 202447.21%16.65%19.75%16.39%
Dec 202447.21%15.83%20.54%16.41%
Mar 202547.21%15.28%21.52%15.99%
Jun 202547.21%17.39%20.07%15.33%
Sep 202547.21%16.21%21.05%15.38%
Dec 202547.21%16.92%20.48%15.12%
Mar 202647.29%16.55%20.9%14.99%
Jun 202647.29%13.82%22.19%16.42%
Sep 202647.29%13.41%23.26%15.69%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is CEAT from balance-sheet trouble?

For CEAT Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does CEAT rank in its industry?

56.3 out of 100, rank 2 of 8 in Tyres & Tubes, with 85% of the evidence available.

CEAT Ltd scores 56.3 out of 100 against the 8 companies it is compared with in Tyres & Tubes, ranking 2. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

The four parts add up to the total exactly: 15.7 + 17.7 + 13.5 + 9.4 = 56.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is CEAT compared with?

CEAT ranks 2 of 8 Tyres & Tubes companies on the 4-Factor Sector Score, with 56.3 out of 100.

  1. 1MRF LtdMRF · quiet · Evidence leans up · 81% evidence63.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.8/35 · Revenue 11.4% · Profit 34.5% · Operating margin change -2 points · 88% evidenceCapital efficiency 18.3/25 · ROCE 15.7% · Operating margin 12% · 100% evidenceValuation 15.9/20 · P/E 20.1× · PEG 0.69 · 100% evidenceRelative strength 8.9/20 · Lead over its industry — · Lead over NIFTY 500 -9.5% · 1 year -25.9% · 25% evidence · 0 of 12 weeks aheadExact sum: 20.8 + 18.3 + 15.9 + 8.9 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2CEAT Ltd this pageCEATLTD · basing · Evidence leans up · 85% evidence56.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.7/35 · Revenue 24.5% · Profit 4.3% · Operating margin change -3 points · 100% evidenceCapital efficiency 17.7/25 · ROCE 19.2% · Operating margin 10% · 100% evidenceValuation 13.5/20 · P/E 21.8× · PEG 0.55 · 100% evidenceRelative strength 9.4/20 · Lead over its industry — · Lead over NIFTY 500 -9% · 1 year -23.4% · 25% evidence · 2 of 12 weeks aheadExact sum: 15.7 + 17.7 + 13.5 + 9.4 = 56.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  3. 3Rajratan Global Wire LtdRAJRATAN · losing its lead · Evidence leans up · 100% evidence56.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.6/35 · Revenue 29.2% · Profit 40.7% · Operating margin change -2 points · 100% evidenceCapital efficiency 12.5/25 · ROCE 13.2% · Operating margin 12% · 100% evidenceValuation 9.3/20 · P/E 25.9× · PEG 1.33 · 100% evidenceRelative strength 12.6/20 · Lead over its industry 5.3% · Lead over NIFTY 500 -0.4% · 1 year -1.7% · 100% evidence · 7 of 12 weeks aheadExact sum: 21.6 + 12.5 + 9.3 + 12.6 = 56 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Apollo Tyres LtdAPOLLOTYRE · quiet · Evidence leans up · 81% evidence55.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.5/35 · Revenue 11.2% · Profit 100% · Operating margin change -1 points · 88% evidenceCapital efficiency 12.1/25 · ROCE 13.9% · Operating margin 12% · 100% evidenceValuation 12.0/20 · P/E 11.3× · PEG 2.16 · 100% evidenceRelative strength 8.4/20 · Lead over its industry — · Lead over NIFTY 500 -10.3% · 1 year -24.3% · 25% evidence · 5 of 12 weeks aheadExact sum: 22.5 + 12.1 + 12 + 8.4 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5TVS Srichakra LtdTVSSRICHAK · breaking out · Evidence leans down · 81% evidence47.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.2/35 · Revenue 18.6% · Profit 100% · Operating margin change 2 points · 88% evidenceCapital efficiency 5.1/25 · ROCE 7.8% · Operating margin 8% · 100% evidenceValuation 1.8/20 · P/E 30.6× · PEG 5.11 · 100% evidenceRelative strength 12.2/20 · Lead over its industry — · Lead over NIFTY 500 3.5% · 1 year -1.5% · 25% evidence · 12 of 12 weeks aheadExact sum: 28.2 + 5.1 + 1.8 + 12.2 = 47.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Balkrishna Industries LtdBALKRISIND · quiet · Evidence leans down · 96% evidence46.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.8/35 · Revenue 9.8% · Profit -3.3% · Operating margin change 4 points · 88% evidenceCapital efficiency 9.3/25 · ROCE 11.2% · Operating margin 22% · 100% evidenceValuation 14.0/20 · P/E 28.5× · PEG 0.66 · 100% evidenceRelative strength 10.7/20 · Lead over its industry 1.4% · Lead over NIFTY 500 -4% · 1 year -9.1% · 100% evidence · 4 of 12 weeks aheadExact sum: 12.8 + 9.3 + 14 + 10.7 = 46.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  7. 7JK Tyre & Industries LtdJKTYRE · quiet · Evidence leans down · 67% evidence46.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.5/35 · Revenue 12.5% · Profit -8.7% · Operating margin change -6 points · 95% evidenceCapital efficiency 13.0/25 · ROCE 15.5% · Operating margin 7% · 76% evidenceValuation 11.5/20 · P/E 15.5× · PEG — · 50% evidenceRelative strength 7.5/20 · Lead over its industry — · Lead over NIFTY 500 -24.6% · 1 year -30.1% · 25% evidence · 0 of 12 weeks aheadExact sum: 14.5 + 13 + 11.5 + 7.5 = 46.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Goodyear India LtdGOODYEAR · quiet · Evidence leans down · 81% evidence45.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 11.7/35 · Revenue 0.8% · Profit 21.9% · Operating margin change -3 points · 88% evidenceCapital efficiency 14.1/25 · ROCE 17.4% · Operating margin 1.3% · 100% evidenceValuation 11.2/20 · P/E 24.9× · PEG 0.64 · 100% evidenceRelative strength 8.0/20 · Lead over its industry — · Lead over NIFTY 500 -10.7% · 1 year -32.1% · 25% evidence · 0 of 12 weeks aheadExact sum: 11.7 + 14.1 + 11.2 + 8 = 45 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Tyres & Tubes, all 8 compared on one page.

Which companies are close to CEAT in size?

CEAT is the 4th largest of 8 Tyres & Tubes companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: MRF, Balkrishna Industries and Apollo Tyres. Just below it: JK Tyre & Industries, TVS Srichakra and Rajratan Global Wire.

Tyres & Tubes companies close in size

  1. MRF Ltd ₹49,526 crore
  2. Balkrishna Industries Ltd ₹40,067 crore
  3. Apollo Tyres Ltd ₹24,099 crore
  4. CEAT Ltd ₹12,488 crore
  5. JK Tyre & Industries Ltd ₹8,701 crore
  6. TVS Srichakra Ltd ₹3,139 crore
  7. Rajratan Global Wire Ltd ₹2,155 crore

All 8 Tyres & Tubes companies, largest first

Companies close in size in other industries

  1. Privi Speciality Chemicals Ltd ₹12,571 crore · Speciality Chemicals
  2. Cyient Ltd ₹12,549 crore · IT - ER&D
  3. CEAT Ltd ₹12,488 crore
  4. CCL Products (India) Ltd ₹12,445 crore · FMCG - Coffee
  5. Ventive Hospitality Ltd ₹12,414 crore · Hotels

What else do people ask about CEAT?

What is CEAT's share price today?

CEAT Ltd's share price is ₹3,415.10, −15.2% over the past year. The whole company is worth ₹13,815 Cr on the market.

In the last 52 weeks it traded between ₹3,060 to ₹4,026; today it is 37% of the way up from the low, 1.0% below its 200-day average (as of 4 November 2026).

What were CEAT's latest quarterly results?

CEAT Ltd reported revenue of ₹4,762 Cr and net profit of ₹112 Cr for the Sep 2026 quarter. Revenue rose 26.2% and profit fell 39.8% compared with a year earlier. Earnings per share were ₹27.69.

The operating margin was 10.0%, 3.0 percentage points lower than a year earlier (as of 4 November 2026).

What is CEAT's market cap?

CEAT Ltd's market capitalisation is ₹13,815 Cr at a share price of ₹3,415.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is CEAT performing?

CEAT Ltd's share price has been falling for 6 weeks. In its latest quarter, revenue rose 26.2% and profit fell 39.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 7 weeks running (as of 4 November 2026).

Will CEAT's share price go up?

This page does not forecast CEAT Ltd's share price. What it shows instead: the share price is ₹3,415.10, and it has been falling for 6 weeks. Its P/E of 24.1× is higher than 72% of its own last 11 years (as of 4 November 2026).

Does CEAT have too much debt?

CEAT Ltd has a moderate amount of debt: its debt is 0.65× its equity, and its operating profit is 6 times its interest bill. FY26 borrowings were ₹3,272 Cr against equity of ₹5,046 Cr.

Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is CEAT in its business cycle?

CEAT Ltd's FY26 operating margin was 13.0%, against a 13-year range of 8.0% to 14.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the CEAT story?

The main question: yearly earnings per share moved +47.7% while the share price moved −15.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is CEAT a stock worth studying right now?

What the numbers show: CEAT Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a CEAT share price forecast for 2026?

What management itself guided: Q3 raw material cost up about 3-3.5% over Q2, taking cumulative rise to about 27% over March exit.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.