Ceat Limited · NSE:CEATLTD
Ceat — RPG Annual Investor Conference 2026
18 slides from Ceat's conference presentation, May 25, 2026
Slide 1: Exchange cover letter for investor conference presentation
May 25, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD Symbol: CL26, CL30 Dear Sir/Madam, RE: Investor Conference Pursuant
Slide 2: CEAT Limited - RPG Annual Investor Conference 2026
CEAT Limited RPG Annual Investor Conference 2026 | May 26, 2026
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Placing us in Top 5% Companies Globally
#2 Awarded EcoVadis #2 in Premium Ranked among Gold Award, PCUV during Top 10 Global placing us in Top Q4FY26 (from #5 brands across 5% Companies in Q1FY25) two platforms Globally 3 1
Slide 5: Strong Growth, Continued Momentum
Strong Growth, Continued Momentum Rs. 15,678 Cr 15.6% 13.2% 1.46x 0.60x AA 350% FY26 Revenue 5-yr Revenue CAGR FY26 EBITDA Debt / EBITDA Debt / Equity Credit Rating Dividend 4 (outlook +ve) 2
Slide 6: CEAT Vision – 2031
CEAT Vision – 2031 #1 in 2W & 4W Tyre Commercial Radials – 15% Segments in India Share in India Aftermarket Aftermarket Premium Brand – International Business – Aspirational Indian Brand 33% Saliency Across All Touchpoints Industry Leading Profitability… 5 3
Slide 7: Focus on Enhancing Profitability
Focus on Enhancing Profitability Marketing Cost % EBITDA Gap To Peers 2 Manpower Cost % +0.2% -0.4% 7.9% 7.5% 1.9% 2.1% 3.4% FY22 FY26 FY22 FY26 R&D Cost % Reduced Energy Cost % 1 -0.1% +0.1% 2.7% 3.4% 3.3% 2.6% 0.8% 0.9% FY22 FY26 FY22 FY26 Operating Expense % 1.9% Distribution Cost % -0.3% -0.2% 1
Slide 8: Accelerating To Continue Fastest Growth
Accelerating To Continue Fastest Growth FY22 – FY26 Standalone Revenue Growth 1 CAGR CEAT Peer #1 Peer #2 1.6x 13.1% 1.6x #1 12.7% 1.4x #2 7.8% FY22 FY23 FY24 FY25 FY26 Grow The Fastest FY26 – FY31… 7 Note: 1 Data from FY22 to FY26, rebased to 1 5
Slide 9: Charting a Course for Sustained Future Growth
Charting a Course for Sustained Future Growth #1 #3 #4 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Depicting Replacement market share as per industry reports and internal estimates 6
Slide 10: CAMSO & CEAT OHT – A Billion Dollar Opportunity
CAMSO & CEAT OHT – A Billion Dollar Opportunity THE CAMSO OPPORTUNITY $1.0 Bn Revenue Potential OUR VISION: CAMSO + CEAT CAMSO is a $1.0 Bn Global brand – $150 Mn Compact Construction Acquired In Dec’24 – Full Portfolio Unlocks By 2028 STEP 1 – ACQUIRED IN DEC’24, INTEGRATED IN SEP’25 $150 Mn CAMSO
Slide 11: CAMSO Integration Timeline
CAMSO Integration Timeline Dec 2024 Sep 2025 Oct 2026 Apr 2027 Sep 2028 Deal Production Sales Complete Transfer Signing Takeover Takeover Value Chain of Brand Control ▪ Definitive ▪ Manufacturing ▪ Complete ▪ Mixer and ▪ Complete agreement with facilities along customer calendar to be transfer of th
Slide 12: CEAT is Future Ready
CEAT is Future Ready International Electrification Premiumization Digital 11 9
Slide 13: Electrification - Supplier to All Major EV OEMs in India
Electrification - Supplier to All Major EV OEMs in India Share of Mahindra XUV 400 MG ZS Citroen E-C3 MG Comet Punch Nexon Windsor Business 31% Bajaj Chetak Suzuki Access Honda QC1 Ola S1 Pro Ola S1 Ampere Primus Oben E Bike 19% Tata Starbus EV Tata Ace EV Altigreen Euler Switch Mobility IEV4 12 10
Slide 14: Premiumization
Premiumization PCUV 17"+ TBR Premium Motorcycle #2 in India NEORAD & ROCKRAD (Q4 FY26) Range Superior Performing Products FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Superior Experiences, Uncommon Products, Pride of Association… 13 11
Slide 15: Enabling Technology, Growing Digitally
Enabling Technology, Growing Digitally i-Shoppe: AI OCR ‘Chanakya’: Agentic AI Agentic AI on Website Customer Data Acquisition Chatbot for Procurement Customer-facing AI Assistant Customer Profiling & Target 5-7% Cost Savings In Beta Stage Marketing Intelligent Mixing Control Gen AI for Fleet Sales
Slide 16: NPD Innovations Spread Across Categories
NPD Innovations Spread Across Categories 15 13
Slide 17: Superior Returns, Accelerated Growth
Superior Returns, Accelerated Growth Our Approach Market Capitalization 1 CEAT Peer #1 Peer #2 CAGR 3.2x 24.0% 2.3x #2 16.6% 1.7x #1 10.5% Healthy Bite Size Leverage 3 1 Capex Jan-21 Oct-22 Jul-24 Apr-26 Ratios Journey to #3 in India 2 Standalone Revenue (Rs. Cr) #3 15,215 13,172 Maintain #4 Double
Slide 18: 17
17