Auto Tyres & Rubber Products company Ceat announced Q4FY25 results Consolidated Financial Highlights: Revenue Rs 3,420.6 crore compared to Rs 2,991.9 crore during Q4FY24, change +14.3% YoY. EBITDA margin 11.5%, 101 bps QoQ, -189 bps YoY. Net profit stood at Rs 98.7 crore, compared to Rs 102.3 crore during Q4FY24, change -3.5%. Standalone Financial Highlights: The Company’s revenue stood at Rs 3,413.6 crore compared to Rs 2,979.2 crore during Q4FY24, 14.6% YoY. EBITDA margin stood at 11.6%. Net profit was reported at Rs 100.4 crore compared to Rs 119.1 crore during Q4FY24, change -15,7%. Arnab Banerjee, MD & CEO, CEAT,, said: “It was a very satisfying top line performance for the quarter and overall, for the year as we managed to deliver a double-digit growth across all key categories and business verticals. We crossed an important milestone of crossing Rs 13,000 crore of revenue during the year. The Replacement segment delivered strong growth consistently during the year and OEM business delivered strong performance in Q4. We managed to deliver improvement in margins in Q4 versus Q3. We look forward to integrating the CAMSO compact construction business with CEAT in the current year.” Kumar Subbiah, CFO, CEAT, said: “Our operating margins improved in Q4 by over 120 bps, largely driven by favourable revenue mix and result of strong cost controls across the value chain. We incurred capex of Rs 946 crore during the year largely in capacity additions that would prepare us well to deliver our growth plans in FY26. During the quarter, we incurred Rs 37 crore towards voluntary separation of employees in one of our high-cost factories as part of our continuous effort to keep our manufacturing units cost competitive.” Result PDF
Conference Call with Ceat Ltd. Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Auto Tyres & Rubber Products company Ceat announced Q3FY25 results Standalone Financial Highlights: Company’s revenue stood at Rs 3,291.8 crore, 11.6% YoY. EBITDA margin stood at 10.4%. Net profit was reported at Rs 96.0 crore. Consolidated Financial Highlights: Company’s revenue closed at Rs 3,299.9 crore, an increase of 11.4% YoY. EBITDA margin stood at 10.5%. Net profit stood at Rs 97.0 crore. Arnab Banerjee, MD & CEO, CEAT, said: “We witnessed a strong year-on-year double digit growth, driven by the replacement segment. While the rising raw material costs have impacted our margins, we progressively passed on part of the increase through price increase in select categories during the quarter. The demand continues to remain stable, and our order book pipeline is robust across all segments. Raw material prices look flattish in Q4 and we expect growth momentum to continue." Kumar Subbiah, CFO of CEAT, said: “The gross margins were impacted during the quarter due to the increase in raw material cost. A part of it we managed through price increase and cost controls. Meanwhile, our capex during the quarter was Rs 283 crore, which were fully funded through internal controls and hence, our debt level has remained at similar level.” Result PDF