CEAT Limited , a prominent player in the auto ancillary sector, has announced a strategic investment in its wholly-owned subsidiary, Tyresnmore Online Private Limited. The company has approved an investment of up to ₹340 lakhs through a subscription in a rights issue of equity shares of Tyresnmore.

Investment Details

• Investment Amount: Up to ₹340 lakhs
• Shares to be Acquired: 27,855 equity shares
• Face Value: ₹1 per share
• Mode of Payment: Cash consideration via normal banking channels
• Expected Allotment Date: By November 24, 2025

About Tyresnmore Online Private Limited

Tyresnmore, incorporated on June 2, 2014, is engaged in the business of selling automotive tyres, batteries, and accessories. The company also provides installation and wheel alignment services. Here's a snapshot of Tyresnmore's financial performance over the past three fiscal years:

Impact of the Investment

• CEAT's shareholding in Tyresnmore will remain at 100% post this investment.
• The investment falls under the purview of related party transactions but is being conducted at arm's length.
• No governmental or regulatory approvals are required for this acquisition.

Strategic Implications

This investment by CEAT Limited in its subsidiary demonstrates the company's commitment to strengthening its presence in the automotive aftermarket sector. By injecting additional capital into Tyresnmore, CEAT aims to support the growth and expansion of its digital-first subsidiary, which has shown consistent revenue growth over the past three years.

The move aligns with the broader trend in the auto ancillary industry, where companies are focusing on enhancing their digital capabilities and direct-to-consumer channels. As the automotive sector continues to evolve, investments in specialized subsidiaries like Tyresnmore could provide CEAT with a competitive edge in the rapidly changing market landscape.

Investors and industry observers will likely keep a close watch on how this investment translates into future growth and market positioning for both CEAT Limited and Tyresnmore Online Private Limited.

CEAT Limited , a leading Indian tyre manufacturer, has announced robust financial results for the second quarter of fiscal year 2025-26. The company reported consolidated revenue of Rs. 3,772.70 crore, marking a significant 14.2% year-on-year increase.

Financial Highlights

Consolidated Performance

• Revenue: Rs. 3,772.70 crore (up 14.2% YoY)
• EBITDA margin: 13.5%
• Net profit: Rs. 185.70 crore

Standalone Performance

• Revenue: Rs. 3,701.10 crore (up 12.2% YoY)
• EBITDA margin: 13.7%
• Net profit: Rs. 202.20 crore

Key Developments

1. CEAT completed the acquisition of Camso brand's Off-Highway construction equipment tyre and tracks business on September 1, 2025, for $225 million through its subsidiary CEAT OHT Lanka (Private) Limited.

2. The company launched SecuraDrive CIRCL, India's first passenger car tyre with up to 90% sustainable materials.

3. Two new directors were appointed:

   • Mr. Apurva Chandra as Non-Executive Independent Director for a five-year term
   • Mr. Paras K. Chowdhary as Non-Executive Non-Independent Director

4. CEAT was recognized as 'Great Indian ESG Organisation of the Year (Manufacturing)' at the ESG & Cleantech Summit and Awards 2025.

Management Commentary

Mr. Arnab Banerjee, MD & CEO of CEAT Limited, commented on the results: "We have maintained strong double-digit growth this quarter, with revenue rising by approximately 12%. One of the key developments in this quarter has been reduction in GST rates on tyres and vehicles, which we hope will have positive impact on demand across domestic categories. We have also been excited with Camso fully integrating into the CEAT family effective Sept, marking a significant milestone in our global premiumisation strategy."

Mr. Kumar Subbiah, CFO of CEAT Limited, added: "Overall, Q2 has been a strong quarter for us, marked by topline growth and expansion of margins. Our debt has increased largely due to acquisition of Camso's assets and the payout of dividends. Our balance sheet continues to be healthy even after the increase in debt level and well-positioned to provide necessary capital to support future growth."

The company's focus on sustainability and innovation, coupled with strategic acquisitions and strong financial performance, positions CEAT well for continued growth in the coming quarters.