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Last Updated: February 25, 2026, 7:53 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500877 | NSE: APOLLOTYRE

Apollo Tyres Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 25, 2026, 7:53 am

Market Cap 28,881 Cr.
Current Price 455
Intrinsic Value₹354.65
High / Low 540/368
Stock P/E19.8
Book Value 245
Dividend Yield1.10 %
ROCE11.4 %
ROE8.61 %
Face Value 1.00
PEG Ratio2.57

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Apollo Tyres Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Goodyear India Ltd 1,861 Cr. 806 1,071/76432.8 2492.95 %13.0 %9.31 % 10.0
TVS Srichakra Ltd 3,063 Cr. 3,999 4,788/2,43065.4 1,5080.42 %5.36 %2.35 % 10.0
JK Tyre & Industries Ltd 15,416 Cr. 535 612/23221.1 1820.56 %12.8 %11.1 % 2.00
CEAT Ltd 15,060 Cr. 3,723 4,438/2,32224.2 1,1300.81 %15.4 %11.8 % 10.0
Balkrishna Industries Ltd 48,687 Cr. 2,518 2,818/2,15237.1 5400.64 %16.7 %15.8 % 2.00
Industry Average18,828.00 Cr2,006.0033.40642.331.08%12.44%9.83%5.83

All Competitor Stocks of Apollo Tyres Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 5,9566,4236,2476,2456,2806,5956,2586,3356,4376,9286,4246,5616,831
Expenses 5,2445,5095,2495,1935,1205,3875,2305,4265,5595,9815,5865,6935,810
Operating Profit 7129139981,0511,1601,2081,0289098789478378681,021
OPM % 12%14%16%17%18%18%16%14%14%14%13%13%15%
Other Income 77402213338-10174-91-351-150
Interest 132142139135133123115107120111109101101
Depreciation 349354372362360368388370376376377378383
Profit before tax 23842452757668072156342339946526038386
Tax % 25%31%22%31%30%31%37%29%25%27%29%66%33%
Net Profit 17929241039747449735430229733718513258
EPS in Rs 2.824.606.466.257.477.825.584.764.685.312.910.204.06

Last Updated: January 2, 2026, 11:30 am

Below is a detailed analysis of the quarterly data for Apollo Tyres Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Sales, as of Sep 2025, the value is 6,831.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,561.00 Cr. (Jun 2025) to 6,831.00 Cr., marking an increase of 270.00 Cr..
  • For Expenses, as of Sep 2025, the value is 5,810.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,693.00 Cr. (Jun 2025) to 5,810.00 Cr., marking an increase of 117.00 Cr..
  • For Operating Profit, as of Sep 2025, the value is 1,021.00 Cr.. The value appears strong and on an upward trend. It has increased from 868.00 Cr. (Jun 2025) to 1,021.00 Cr., marking an increase of 153.00 Cr..
  • For OPM %, as of Sep 2025, the value is 15.00%. The value appears strong and on an upward trend. It has increased from 13.00% (Jun 2025) to 15.00%, marking an increase of 2.00%.
  • For Other Income, as of Sep 2025, the value is -150.00 Cr.. The value appears strong and on an upward trend. It has increased from -351.00 Cr. (Jun 2025) to -150.00 Cr., marking an increase of 201.00 Cr..
  • For Interest, as of Sep 2025, the value is 101.00 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 101.00 Cr..
  • For Depreciation, as of Sep 2025, the value is 383.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 378.00 Cr. (Jun 2025) to 383.00 Cr., marking an increase of 5.00 Cr..
  • For Profit before tax, as of Sep 2025, the value is 386.00 Cr.. The value appears strong and on an upward trend. It has increased from 38.00 Cr. (Jun 2025) to 386.00 Cr., marking an increase of 348.00 Cr..
  • For Tax %, as of Sep 2025, the value is 33.00%. The value appears to be improving (decreasing) as expected. It has decreased from 66.00% (Jun 2025) to 33.00%, marking a decrease of 33.00%.
  • For Net Profit, as of Sep 2025, the value is 258.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Jun 2025) to 258.00 Cr., marking an increase of 245.00 Cr..
  • For EPS in Rs, as of Sep 2025, the value is 4.06. The value appears strong and on an upward trend. It has increased from 0.20 (Jun 2025) to 4.06, marking an increase of 3.86.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 9:49 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 13,41212,81511,84913,18014,84317,54916,35017,39720,94824,56825,37826,12327,559
Expenses 11,52410,8769,84011,31313,17515,57314,39214,57918,35321,23520,90922,52823,647
Operating Profit 1,8881,9392,0081,8671,6681,9761,9582,8182,5953,3334,4683,5953,912
OPM % 14%15%17%14%11%11%12%16%12%14%18%14%14%
Other Income 48-31110148114-7724-4781186477-80-570
Interest 293189101118177199300463465551527470411
Depreciation 4113884274625938131,1381,3151,4001,4191,4781,4981,523
Profit before tax 1,2321,3311,5911,4361,0128885435618481,4272,5401,5471,407
Tax % 18%27%29%23%28%23%12%38%25%27%32%28%
Net Profit 1,0059781,1231,0997246804763506391,0461,7221,121926
EPS in Rs 19.9419.2122.0621.5912.6511.888.335.5110.0616.4727.1117.6614.58
Dividend Payout % 4%10%9%14%24%27%36%63%32%27%22%28%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-2.69%14.83%-2.14%-34.12%-6.08%-30.00%-26.47%82.57%63.69%64.63%-34.90%
Change in YoY Net Profit Growth (%)0.00%17.51%-16.96%-31.98%28.04%-23.92%3.53%109.04%-18.88%0.93%-99.53%

Apollo Tyres Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:10%
3 Years:8%
TTM:3%
Compounded Profit Growth
10 Years:2%
5 Years:21%
3 Years:25%
TTM:-27%
Stock Price CAGR
10 Years:11%
5 Years:32%
3 Years:24%
1 Year:-5%
Return on Equity
10 Years:9%
5 Years:9%
3 Years:10%
Last Year:9%

Last Updated: September 4, 2025, 11:30 pm

Balance Sheet

Last Updated: December 10, 2025, 2:22 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 50515151575757646464646464
Reserves 4,5244,9916,5547,2399,7199,9839,87311,38011,68912,51513,83914,70215,469
Borrowings 1,6131,1061,5473,4374,6615,1116,7647,3347,0616,4214,9054,4104,518
Other Liabilities 2,8462,4513,4424,5075,6205,0006,5127,0408,2288,2828,0688,0518,958
Total Liabilities 9,0348,60011,59415,23320,05820,15123,20525,81627,04127,28126,87527,22729,009
Fixed Assets 4,5934,3825,2146,69210,40311,75415,44816,42017,59117,65317,00616,41116,923
CWIP 462189942,9152,3041,5391,6421,107618253348435647
Investments 641015063961,3426191104814365324552
Other Assets 4,3303,8994,8805,2306,0086,8526,0968,1818,3508,9408,98910,33511,387
Total Assets 9,0348,60011,59415,23320,05820,15123,20525,81627,04127,28126,87527,22729,009

Below is a detailed analysis of the balance sheet data for Apollo Tyres Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2025, the value is 64.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 64.00 Cr..
  • For Reserves, as of Sep 2025, the value is 15,469.00 Cr.. The value appears strong and on an upward trend. It has increased from 14,702.00 Cr. (Mar 2025) to 15,469.00 Cr., marking an increase of 767.00 Cr..
  • For Borrowings, as of Sep 2025, the value is 4,518.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 4,410.00 Cr. (Mar 2025) to 4,518.00 Cr., marking an increase of 108.00 Cr..
  • For Other Liabilities, as of Sep 2025, the value is 8,958.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,051.00 Cr. (Mar 2025) to 8,958.00 Cr., marking an increase of 907.00 Cr..
  • For Total Liabilities, as of Sep 2025, the value is 29,009.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27,227.00 Cr. (Mar 2025) to 29,009.00 Cr., marking an increase of 1,782.00 Cr..
  • For Fixed Assets, as of Sep 2025, the value is 16,923.00 Cr.. The value appears strong and on an upward trend. It has increased from 16,411.00 Cr. (Mar 2025) to 16,923.00 Cr., marking an increase of 512.00 Cr..
  • For CWIP, as of Sep 2025, the value is 647.00 Cr.. The value appears strong and on an upward trend. It has increased from 435.00 Cr. (Mar 2025) to 647.00 Cr., marking an increase of 212.00 Cr..
  • For Investments, as of Sep 2025, the value is 52.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Mar 2025) to 52.00 Cr., marking an increase of 7.00 Cr..
  • For Other Assets, as of Sep 2025, the value is 11,387.00 Cr.. The value appears strong and on an upward trend. It has increased from 10,335.00 Cr. (Mar 2025) to 11,387.00 Cr., marking an increase of 1,052.00 Cr..
  • For Total Assets, as of Sep 2025, the value is 29,009.00 Cr.. The value appears strong and on an upward trend. It has increased from 27,227.00 Cr. (Mar 2025) to 29,009.00 Cr., marking an increase of 1,782.00 Cr..

Notably, the Reserves (15,469.00 Cr.) exceed the Borrowings (4,518.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 1,6451,4122,1229021,7201,0712,5172,4472,1542,1373,4401,823
Cash from Investing Activity + -119-796-2,226-3,368-3,891-1,027-2,817-2,342-1,172-478-704-202
Cash from Financing Activity + -1,208-684-2551,8952,321-62472152-1,081-1,692-2,659-1,647
Net Cash Flow 319-68-358-571150-18173257-100-3476-25

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.000.001.00-2.00-3.00-4.00-5.00-5.00-5.00-3.000.00-1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 282733313527212936373843
Inventory Days 9792119140128125129129122110113127
Days Payable 594695921067493109104857371
Cash Conversion Cycle 677358805778574954637999
Working Capital Days 12142-5-020-22-27-23-6822
ROCE %26%26%23%16%9%9%5%9%7%10%16%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 37.34%37.34%37.34%37.34%37.36%37.36%37.36%37.36%37.36%36.95%36.95%36.93%
FIIs 22.35%23.41%22.10%17.96%18.16%14.46%14.55%14.21%13.43%12.27%11.90%12.26%
DIIs 17.78%17.22%17.74%22.02%21.99%25.12%25.56%26.12%26.51%27.54%27.93%27.89%
Government 1.57%1.57%1.57%1.57%1.57%1.57%1.57%1.57%1.57%1.57%1.57%1.57%
Public 20.94%20.46%21.26%21.10%20.93%21.48%20.97%20.73%21.13%21.44%21.38%21.06%
Others 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.22%0.26%0.28%
No. of Shareholders 2,82,6492,86,7773,33,8273,36,8463,72,3724,24,2064,29,2514,17,8614,27,2484,21,8134,24,1044,01,081

Shareholding Pattern Chart

No. of Shareholders

Apollo Tyres Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid Cap Fund 41,892,187 2.24 2061.72N/AN/AN/A
Kotak Midcap Fund 11,102,076 0.93 546.39N/AN/AN/A
Kotak Large & Midcap Fund 9,500,000 1.56 467.548,800,0002025-12-15 01:21:487.95%
HDFC Balanced Advantage Fund 9,000,000 0.41 442.94N/AN/AN/A
DSP Mid Cap Fund 6,148,780 1.59 302.61N/AN/AN/A
Kotak Flexicap Fund 5,600,000 0.49 275.6N/AN/AN/A
Sundaram Mid Cap Fund 3,107,607 1.18 152.943,193,3132026-02-23 01:38:46-2.68%
HDFC Large and Mid Cap Fund 2,839,000 0.49 139.72N/AN/AN/A
ICICI Prudential India Opportunities Fund 2,798,719 0.39 137.742,464,5622026-02-23 01:21:5913.56%
HDFC Multi Cap Fund 2,631,100 0.68 129.492,381,1002026-02-23 01:38:4610.5%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 17.6627.1117.3910.065.68
Diluted EPS (Rs.) 17.6627.1117.3910.065.68
Cash EPS (Rs.) 41.2450.3839.7332.0926.22
Book Value[Excl.RevalReserv]/Share (Rs.) 232.49218.90202.77185.04180.18
Book Value[Incl.RevalReserv]/Share (Rs.) 232.49218.90202.77185.04180.18
Revenue From Operations / Share (Rs.) 411.33399.59386.84329.83273.93
PBDIT / Share (Rs.) 57.6272.4452.8242.4746.08
PBIT / Share (Rs.) 34.0349.1730.4820.4425.38
PBT / Share (Rs.) 24.3439.9922.4713.358.84
Net Profit / Share (Rs.) 17.6527.1117.3910.055.51
NP After MI And SOA / Share (Rs.) 17.6627.1117.3910.065.51
PBDIT Margin (%) 14.0018.1213.6512.8716.82
PBIT Margin (%) 8.2712.307.876.199.26
PBT Margin (%) 5.9110.005.804.043.22
Net Profit Margin (%) 4.286.784.493.042.01
NP After MI And SOA Margin (%) 4.296.784.493.042.01
Return on Networth / Equity (%) 7.5912.388.575.433.06
Return on Capital Employeed (%) 10.8315.6810.006.748.33
Return On Assets (%) 4.106.384.032.391.34
Long Term Debt / Equity (X) 0.120.190.290.370.42
Total Debt / Equity (X) 0.220.280.430.520.44
Asset Turnover Ratio (%) 0.960.930.730.630.55
Current Ratio (X) 1.331.281.111.051.14
Quick Ratio (X) 0.630.670.550.490.64
Inventory Turnover Ratio (X) 5.572.553.333.282.36
Dividend Payout Ratio (NP) (%) 33.9816.5918.6834.800.00
Dividend Payout Ratio (CP) (%) 14.548.938.1710.900.00
Earning Retention Ratio (%) 66.0283.4181.3265.200.00
Cash Earning Retention Ratio (%) 85.4691.0791.8389.100.00
Interest Coverage Ratio (X) 8.199.096.316.076.61
Interest Coverage Ratio (Post Tax) (X) 3.894.563.042.453.16
Enterprise Value (Cr.) 29452.2932628.1025055.0917173.8417176.10
EV / Net Operating Revenue (X) 1.131.291.020.810.98
EV / EBITDA (X) 8.057.097.476.375.87
MarketCap / Net Operating Revenue (X) 1.031.170.820.570.81
Retention Ratios (%) 66.0183.4081.3165.190.00
Price / BV (X) 1.832.131.581.031.24
Price / Net Operating Revenue (X) 1.031.170.820.570.81
EarningsYield 0.040.050.050.050.02

After reviewing the key financial ratios for Apollo Tyres Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 25, the value is 17.66. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 17.66, marking a decrease of 9.45.
  • For Diluted EPS (Rs.), as of Mar 25, the value is 17.66. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 17.66, marking a decrease of 9.45.
  • For Cash EPS (Rs.), as of Mar 25, the value is 41.24. This value is within the healthy range. It has decreased from 50.38 (Mar 24) to 41.24, marking a decrease of 9.14.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 232.49. It has increased from 218.90 (Mar 24) to 232.49, marking an increase of 13.59.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 232.49. It has increased from 218.90 (Mar 24) to 232.49, marking an increase of 13.59.
  • For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 411.33. It has increased from 399.59 (Mar 24) to 411.33, marking an increase of 11.74.
  • For PBDIT / Share (Rs.), as of Mar 25, the value is 57.62. This value is within the healthy range. It has decreased from 72.44 (Mar 24) to 57.62, marking a decrease of 14.82.
  • For PBIT / Share (Rs.), as of Mar 25, the value is 34.03. This value is within the healthy range. It has decreased from 49.17 (Mar 24) to 34.03, marking a decrease of 15.14.
  • For PBT / Share (Rs.), as of Mar 25, the value is 24.34. This value is within the healthy range. It has decreased from 39.99 (Mar 24) to 24.34, marking a decrease of 15.65.
  • For Net Profit / Share (Rs.), as of Mar 25, the value is 17.65. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 17.65, marking a decrease of 9.46.
  • For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 17.66. This value is within the healthy range. It has decreased from 27.11 (Mar 24) to 17.66, marking a decrease of 9.45.
  • For PBDIT Margin (%), as of Mar 25, the value is 14.00. This value is within the healthy range. It has decreased from 18.12 (Mar 24) to 14.00, marking a decrease of 4.12.
  • For PBIT Margin (%), as of Mar 25, the value is 8.27. This value is below the healthy minimum of 10. It has decreased from 12.30 (Mar 24) to 8.27, marking a decrease of 4.03.
  • For PBT Margin (%), as of Mar 25, the value is 5.91. This value is below the healthy minimum of 10. It has decreased from 10.00 (Mar 24) to 5.91, marking a decrease of 4.09.
  • For Net Profit Margin (%), as of Mar 25, the value is 4.28. This value is below the healthy minimum of 5. It has decreased from 6.78 (Mar 24) to 4.28, marking a decrease of 2.50.
  • For NP After MI And SOA Margin (%), as of Mar 25, the value is 4.29. This value is below the healthy minimum of 8. It has decreased from 6.78 (Mar 24) to 4.29, marking a decrease of 2.49.
  • For Return on Networth / Equity (%), as of Mar 25, the value is 7.59. This value is below the healthy minimum of 15. It has decreased from 12.38 (Mar 24) to 7.59, marking a decrease of 4.79.
  • For Return on Capital Employeed (%), as of Mar 25, the value is 10.83. This value is within the healthy range. It has decreased from 15.68 (Mar 24) to 10.83, marking a decrease of 4.85.
  • For Return On Assets (%), as of Mar 25, the value is 4.10. This value is below the healthy minimum of 5. It has decreased from 6.38 (Mar 24) to 4.10, marking a decrease of 2.28.
  • For Long Term Debt / Equity (X), as of Mar 25, the value is 0.12. This value is below the healthy minimum of 0.2. It has decreased from 0.19 (Mar 24) to 0.12, marking a decrease of 0.07.
  • For Total Debt / Equity (X), as of Mar 25, the value is 0.22. This value is within the healthy range. It has decreased from 0.28 (Mar 24) to 0.22, marking a decrease of 0.06.
  • For Asset Turnover Ratio (%), as of Mar 25, the value is 0.96. It has increased from 0.93 (Mar 24) to 0.96, marking an increase of 0.03.
  • For Current Ratio (X), as of Mar 25, the value is 1.33. This value is below the healthy minimum of 1.5. It has increased from 1.28 (Mar 24) to 1.33, marking an increase of 0.05.
  • For Quick Ratio (X), as of Mar 25, the value is 0.63. This value is below the healthy minimum of 1. It has decreased from 0.67 (Mar 24) to 0.63, marking a decrease of 0.04.
  • For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.57. This value is within the healthy range. It has increased from 2.55 (Mar 24) to 5.57, marking an increase of 3.02.
  • For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 33.98. This value is within the healthy range. It has increased from 16.59 (Mar 24) to 33.98, marking an increase of 17.39.
  • For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 14.54. This value is below the healthy minimum of 20. It has increased from 8.93 (Mar 24) to 14.54, marking an increase of 5.61.
  • For Earning Retention Ratio (%), as of Mar 25, the value is 66.02. This value is within the healthy range. It has decreased from 83.41 (Mar 24) to 66.02, marking a decrease of 17.39.
  • For Cash Earning Retention Ratio (%), as of Mar 25, the value is 85.46. This value exceeds the healthy maximum of 70. It has decreased from 91.07 (Mar 24) to 85.46, marking a decrease of 5.61.
  • For Interest Coverage Ratio (X), as of Mar 25, the value is 8.19. This value is within the healthy range. It has decreased from 9.09 (Mar 24) to 8.19, marking a decrease of 0.90.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.89. This value is within the healthy range. It has decreased from 4.56 (Mar 24) to 3.89, marking a decrease of 0.67.
  • For Enterprise Value (Cr.), as of Mar 25, the value is 29,452.29. It has decreased from 32,628.10 (Mar 24) to 29,452.29, marking a decrease of 3,175.81.
  • For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.13. This value is within the healthy range. It has decreased from 1.29 (Mar 24) to 1.13, marking a decrease of 0.16.
  • For EV / EBITDA (X), as of Mar 25, the value is 8.05. This value is within the healthy range. It has increased from 7.09 (Mar 24) to 8.05, marking an increase of 0.96.
  • For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.03. This value is within the healthy range. It has decreased from 1.17 (Mar 24) to 1.03, marking a decrease of 0.14.
  • For Retention Ratios (%), as of Mar 25, the value is 66.01. This value is within the healthy range. It has decreased from 83.40 (Mar 24) to 66.01, marking a decrease of 17.39.
  • For Price / BV (X), as of Mar 25, the value is 1.83. This value is within the healthy range. It has decreased from 2.13 (Mar 24) to 1.83, marking a decrease of 0.30.
  • For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.03. This value is within the healthy range. It has decreased from 1.17 (Mar 24) to 1.03, marking a decrease of 0.14.
  • For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.04, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Apollo Tyres Ltd as of February 25, 2026 is: ₹337.81

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 25, 2026, Apollo Tyres Ltd is Overvalued by 25.76% compared to the current share price ₹455.00

Intrinsic Value of Apollo Tyres Ltd as of February 25, 2026 is: ₹363.83

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 25, 2026, Apollo Tyres Ltd is Overvalued by 20.04% compared to the current share price ₹455.00

Last 5 Year EPS CAGR: 7.70%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -0.42, which is a positive sign.
  2. The company has higher reserves (10,190.54 cr) compared to borrowings (4,529.85 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (18.08 cr) and profit (219.23 cr) over the years.
  1. The stock has a low average ROCE of 13.92%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 67.83, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Apollo Tyres Ltd:
    1. Net Profit Margin: 4.28%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 10.83% (Industry Average ROCE: 12.44%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 7.59% (Industry Average ROE: 9.83%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 3.89
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.63
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 19.8 (Industry average Stock P/E: 33.4)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.22
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Apollo Tyres Ltd. is a Public Limited Listed company incorporated on 28/09/1972 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L25111KL1972PLC002449 and registration number is 002449. Currently Company is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company's Total Operating Revenue is Rs. 18173.61 Cr. and Equity Capital is Rs. 63.51 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Tyres & Tubes3rd Floor, Areekal Mansion, Kochi Kerala 682036Contact not found
Management
NamePosition Held
Mr. Onkar KanwarChairman
Mr. Neeraj KanwarVice Chairman & Mng.Director
Mr. Gaurav KumarWholeTime Director & CFO
Mr. Francesco CrispinoDirector
Mr. Francesco GoriDirector
Ms. Lakshmi PuriDirector
Mr. Vishal MahadeviaDirector
Dr. Jaimini BhagwatiDirector
Mr. Sunam SarkarDirector
Mr. Vinod RaiDirector
Mr. Sumit DayalIndependent Director
Mr. Berjis DesaiIndependent Director

FAQ

What is the intrinsic value of Apollo Tyres Ltd?

Apollo Tyres Ltd's intrinsic value (as of 25 February 2026) is ₹363.83 which is 20.04% lower the current market price of ₹455.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹28,881 Cr. market cap, FY2025-2026 high/low of ₹540/368, reserves of ₹15,469 Cr, and liabilities of ₹29,009 Cr.

What is the Market Cap of Apollo Tyres Ltd?

The Market Cap of Apollo Tyres Ltd is 28,881 Cr..

What is the current Stock Price of Apollo Tyres Ltd as on 25 February 2026?

The current stock price of Apollo Tyres Ltd as on 25 February 2026 is ₹455.

What is the High / Low of Apollo Tyres Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Apollo Tyres Ltd stocks is ₹540/368.

What is the Stock P/E of Apollo Tyres Ltd?

The Stock P/E of Apollo Tyres Ltd is 19.8.

What is the Book Value of Apollo Tyres Ltd?

The Book Value of Apollo Tyres Ltd is 245.

What is the Dividend Yield of Apollo Tyres Ltd?

The Dividend Yield of Apollo Tyres Ltd is 1.10 %.

What is the ROCE of Apollo Tyres Ltd?

The ROCE of Apollo Tyres Ltd is 11.4 %.

What is the ROE of Apollo Tyres Ltd?

The ROE of Apollo Tyres Ltd is 8.61 %.

What is the Face Value of Apollo Tyres Ltd?

The Face Value of Apollo Tyres Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Apollo Tyres Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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