Apollo Tyres Limited share price

NSE: APOLLOTYRE · ISIN INE438A01022

Key numbers

Market cap
₹ 25,310 Cr
Current price
₹ 400.10
52-week high / low
₹ 541 / 365
Stock P/E
14.8
Book value
₹ 264.2
Dividend yield
2.75%
ROCE
8.6%
ROE
8.7%
Debt to equity
0.22
Sales growth (3 yrs)
5.4%
Profit growth (3 yrs)
9.5%
1-year return
-19.1%

About Apollo Tyres Limited

Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. It offers tires for commercial and passenger vehicles, two-wheelers, trucks and buses, off-highway vehicles, light trucks, earthmovers, and bicycles, as well as for agricultural, farm, and industrial applications. The company provides its products under the Apollo Tyres and Vredestein Tyres brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6,5616,8317,7437,3367,398
Operating profit8681,0211,1861,069868
Net profit13258471631349
EPS (₹)0.204.077.439.975.52

Concall summary (2026-08-11)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • I'm pleased to share an update on our performance for the quarter, along with our outlook.
  • Based on the current outlook, we expect raw material inflation of about 8% sequentially into Q2.

Growth & demand

  • However, we delivered a strong consolidated top line growth of 12.8% Y-o-Y, while on a sequential basis, the growth was muted.
  • The revenue for the quarter was INR 54.6 billion, representing a healthy growth of 15.6% Y-o-Y and 4.3% sequentially.

Margins & costs

  • The consolidated revenue for the quarter stood at INR 74 billion with an EBITDA margin of 11.7%, down about 150 basis points year-on-year, primarily on account of RM cost pressures.
  • The EBITDA for the quarter stood at INR 6.5 billion, a margin of 12% compared to 13.6% in the corresponding period last year.

Capex & expansion

  • Setting u p a new plant somewhere else has its own challenges because it would not be an economic sized capacity if we were to set up a 10 - 15 tonnes capacity because Enschede agri capacity was all of 20 metric tons per day.
  • Like even now, if you see the Hungary capacity is being expanded by 4,000 passenger car tyres per day, whereas our plant in AP is expanding double that capacity.

Balance sheet & cash

  • At the same time, we have maintained a strong balance sheet and continue to improve our leverage profile in spite of the current circumstances.
  • Your net debt has continued to come down or actually be stable in this quarter.

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