Apollo Tyres Limited

Apollo Tyres Limited

APOLLOTYRE.BO
Apollo Tyres LimitedIN flagBombay Stock Exchange
396.50
INR
+5.60
- -
251.82BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
264.08
250.53
230.63
256.63
272.3
301.96
281.38
274.81
324.06
379.82
393.96
411.43
- -
447.64
Basic EPS, GAAP
19.94
19.25
22.06
21.59
13.43
11.88
8.33
5.68
10.06
16.47
27.11
17.66
- -
21.58
Free Cash Flow per Basic Share
22.27
14.16
9.85
-47.48
-25.65
-21.36
-5.57
20.37
4.84
21.41
42.66
16.61
- -
- -
Dividend per Share
0.59
0.88
2.56
2.43
3.41
3.62
7.53
- -
3.5
3.25
4.5
6
- -
- -
Book Value per Share
54.4
72.58
91.22
108.21
110.13
109.67
108.22
104.69
106.73
116.54
139.3
151.33
- -
1
Tangible Book Value per Share
86.07
102.79
116.36
129.54
164.53
160.06
156.93
169.51
169.67
181.98
202.9
217.27
- -
245.14
Basic Weighted Avg Shares
504
508
509
509
539
572
572
617
635
635
635
635
- -
636
Sales/Revenue/Turnover
133,103
127,257
117,399
130,630
146,741
172,734
160,965
169,546
205,808
241,223
250,204
261,234
284,706
284,706
Operating Margin (%)
11.12
12.21
13.47
10.76
7.33
6.74
5.1
8.86
5.81
7.94
11.95
7.94
9.13
9.13
Depreciation Expense
4,109
3,883
4,268
4,618
5,926
8,127
11,381
13,150
13,997
14,191
14,778
14,984
15,430
15,430
Net Income, GAAP
10,051
9,776
11,230
10,990
7,239
6,798
4,764
3,502
6,386
10,458
17,219
11,213
13,724
13,724
Effective Tax Rate (%)
18.42
26.54
29.4
23.44
28.49
23.45
12.34
37.6
24.66
26.72
32.22
27.5
- -
134.52
Profit Margin (%)
7.55
7.68
9.57
8.41
4.93
3.94
2.96
2.07
3.1
4.34
6.88
4.29
4.82
4.82
Working Capital
10,940
12,883
11,072
5,610
19,370
15,142
-2,320
9,362
2,062
8,435
19,839
24,550
26,146
26,146
LT Debt
7,137
4,107
6,494
21,559
37,002
41,663
59,701
55,213
50,489
44,040
33,866
26,168
22,718
22,718
Total Equity
45,746
54,190
66,046
72,900
97,767
100,398
99,300
114,431
117,521
125,782
139,022
147,657
167,152
167,152
Return on Invested Capital (%)
19.53
17.25
14.49
11.13
5.97
5.84
4.31
5.11
4.77
7.38
10.67
7.9
- -
6.78
Return on Capital (%)
27.54
23.87
21.38
15.5
8.56
7.43
5.66
4.49
6.95
10.3
14.92
10.41
- -
20.56
Return on Common Equity (%)
43.02
30.41
26.96
21.65
12.65
11.14
7.64
5.54
9.65
14.75
21.19
12.15
28.38
28.38

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
21,152
- -
14,035
LT Borrowings
16,089
- -
15,018
LT Finance Leases
7,943
- -
7,700
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
633
- -
633
Market Capitalization
301,237
317,947
262,038

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
105,078
- -
106,983
Cash, Cash Equivalents & STI
11,444
- -
13,376
Accounts Receivable, Net
32,816
- -
31,908
Inventories
54,028
- -
54,523
Total Current Liabilities
83,486
- -
80,838
Payables & Accruals
- -
- -
- -
ST Debt
21,152
- -
14,035
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.1%
7.93%
13.2%
Free Cash Flow
-78.49%
83.96%
114.7%
Net Income, GAAP
9.95%
39.65%
22.39%
Sales/Revenue/Turnover
9.55%
11.14%
8.98%
Total Cash Common Dividend
- -
11.51%
41.32%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
62,446
62,796
65,954
59,008
250,204
2025
63,349
64,370
69,280
64,236
261,234
2026
65,608
68,311
77,431
73,357
284,706

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.25
7.47
7.82
- -
27.11
2025
4.76
4.68
5.31
2.91
17.66
2026
0.2
4.07
7.43
9.97
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.5
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Onkar Singh Kanwar
Full Time Employees
7,559
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
Apollo House Gurugram India 122001
IPO Date
Jan 3, 2000
Business
Apollo Tyres Limited is a leading global manufacturer and seller of tyres headquartered in Gurgaon, India. Established in 1972, the company operates in the automobile tyre segment with a comprehensive product portfolio that includes passenger car tyres; light truck tyres; truck and bus tyres; off-highway tyres for agricultural, construction, and industrial vehicles; two-wheeler tyres; retreading materials; and retreaded tyres. The company manufactures under key brands such as Apollo and Vredestein, with production facilities located across Asia and Europe, exporting to over 100 countries worldwide. Its product offerings cater to original equipment manufacturers as well as the replacement market, covering a wide range of vehicle types and applications. Apollo Tyres has undertaken major strategic initiatives in recent years including a capital expenditure plan of ₹1,500 crore aimed at expanding passenger car radial tyre production capacity at its facilities in Hungary and Andhra Pradesh. The company continues to invest in innovation and digitalization aligned with the evolving mobility landscape, with new product launches such as a range of radial tyres for construction and defense applications including the Apollo Terra series. Additionally, it targets USD 5 billion revenue by fiscal 2026 with focuses on sustainability, technology adoption, brand enhancement, and supply chain advancements. The company is also pursuing ambitious sustainability commitments to become carbon neutral by 2050, including improving emission intensity, water usage efficiency, increasing renewable energy consumption to 25% by 2026, and incorporating 40% sustainable raw materials in its tyres by 2030. Apollo Tyres operates as a diversified tyre company servicing multiple segments in the automotive industry, with significant geographic presence in India, Europe, and global export markets. The company has seven modern manufacturing facilities across two continents and serves a global customer base of original equipment manufacturers and aftermarket clients. Its parent company relationships or subsidiaries have not been noted as significant changes in recent disclosures. Overall, Apollo Tyres is focused on capacity expansion, product portfolio enhancement, sustainability leadership, and technology integration as core elements driving its current growth and strategic positioning in the global tyre industry.