Q4-FY26 · Anir Banerjee
We need to take overall 10% with March out of that in replacement out of that about 5% can be considered as taken already between March and April that leaves a balance of 5% which will be staggered through May and June.
CEAT / language trends
Read confidence between the lines.
CEAT · tone and specificity signals across the available quarters.
Research layer active
Language signals
What changed in management language.
tracked
Q4-FY26 · Kumar Subas
Unlike previous quarters where volatility was driven by sentiment, we are now navigating a scenario of actual and physical disruption.
Q4-FY26 · Anir Banerjee
We expect some moderation of demand.