Share Price and Basic Stock Data
Last Updated: November 3, 2025, 8:09 pm
| PEG Ratio | 4.83 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Apollo Tyres Ltd, operating within the Tyres & Tubes industry, reported a market capitalization of ₹32,041 Cr as of the latest data. The company has shown a robust revenue trajectory, with sales increasing from ₹20,948 Cr in FY 2022 to ₹24,568 Cr in FY 2023, and further rising to ₹25,378 Cr in FY 2024. The trailing twelve months (TTM) revenue stands at ₹26,349 Cr, indicating a sustained upward trend. Quarterly sales figures reveal consistency, with the most recent quarter (September 2023) recording sales of ₹6,280 Cr, a slight increase from ₹6,247 Cr in March 2023. The company’s operational performance is supported by a solid operating profit margin (OPM), which reached 18% in September 2023. This performance is indicative of Apollo Tyres’ strong market position and ability to navigate industry challenges effectively.
Profitability and Efficiency Metrics
Profitability metrics for Apollo Tyres demonstrate a commendable performance, with a net profit of ₹1,046 Cr in FY 2023, which rose to ₹1,722 Cr in FY 2024. The net profit margin stood at 4.28% for FY 2025, reflecting a consistent ability to convert sales into profits. The company reported an operating profit of ₹3,333 Cr in FY 2023, with an operating profit margin peaking at 18% in FY 2024. Efficiency ratios also show promise, with the return on equity (ROE) recorded at 8.61% and return on capital employed (ROCE) at 11.4%. However, the cash conversion cycle (CCC) has expanded to 99 days, which is higher than typical sector ranges, indicating potential inefficiencies in working capital management. This could pose challenges in maintaining liquidity if not addressed promptly.
Balance Sheet Strength and Financial Ratios
Apollo Tyres’ balance sheet exhibits both strengths and weaknesses. The company’s total reserves reached ₹14,702 Cr, indicating a solid foundation for future growth. However, borrowings amounted to ₹4,410 Cr, resulting in a debt-to-equity ratio of 0.22, which is relatively low compared to industry norms, suggesting a conservative approach to leveraging. The interest coverage ratio (ICR) stood at 8.19x, affirming the company’s ability to meet interest obligations comfortably. Furthermore, the current ratio of 1.33 indicates adequate short-term liquidity. However, the company’s price-to-book value (P/BV) ratio of 1.83x is higher than the sector average, which may suggest that the stock is priced at a premium relative to its book value. This could affect investor sentiment if not justified by future performance.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Apollo Tyres reflects a diverse ownership structure, with promoters holding 36.95% of the equity as of June 2025. Foreign institutional investors (FIIs) have reduced their stake to 12.27%, while domestic institutional investors (DIIs) have increased their holdings to 27.54%. The public’s shareholding stands at 21.44%. This distribution indicates a balanced investor base, although the decline in FII participation could raise concerns regarding international confidence in the stock. The number of shareholders has increased significantly, from 2,81,728 in September 2022 to 4,21,813 in June 2025, suggesting growing retail investor interest. This expansion in shareholder base can be viewed as a positive sign of confidence in the company’s future prospects, despite the fluctuation in institutional investments.
Outlook, Risks, and Final Insight
Apollo Tyres’ outlook remains cautiously optimistic, bolstered by its strong revenue growth and profitability metrics. However, the company faces risks, including an increasing cash conversion cycle and a decline in foreign institutional investment, which could impact liquidity and market perception. In addition, the higher-than-average P/BV ratio may deter some value-oriented investors. The company’s ability to manage working capital efficiently and maintain investor confidence will be critical moving forward. If Apollo Tyres can address operational inefficiencies and leverage its strong market position, it may continue to deliver robust financial performance. Conversely, failure to manage these risks could hinder growth and affect stock performance in the competitive tyre industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Apollo Tyres Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 2,270 Cr. | 984 | 1,084/806 | 51.4 | 261 | 2.43 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 3,160 Cr. | 4,107 | 4,245/2,430 | 143 | 1,546 | 0.41 % | 5.36 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 12,117 Cr. | 443 | 447/232 | 22.2 | 177 | 0.68 % | 12.8 % | 11.1 % | 2.00 |
| CEAT Ltd | 16,306 Cr. | 4,029 | 4,438/2,322 | 31.1 | 1,080 | 0.74 % | 15.4 % | 11.8 % | 10.0 |
| Balkrishna Industries Ltd | 44,366 Cr. | 2,297 | 2,930/2,152 | 32.2 | 537 | 0.70 % | 16.7 % | 15.8 % | 2.00 |
| Industry Average | 18,428.50 Cr | 2,061.50 | 51.02 | 638.83 | 0.99% | 12.44% | 9.83% | 5.83 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,942 | 5,956 | 6,423 | 6,247 | 6,245 | 6,280 | 6,595 | 6,258 | 6,335 | 6,437 | 6,928 | 6,424 | 6,561 |
| Expenses | 5,252 | 5,244 | 5,509 | 5,249 | 5,193 | 5,120 | 5,387 | 5,230 | 5,426 | 5,559 | 5,981 | 5,586 | 5,693 |
| Operating Profit | 690 | 712 | 913 | 998 | 1,051 | 1,160 | 1,208 | 1,028 | 909 | 878 | 947 | 837 | 868 |
| OPM % | 12% | 12% | 14% | 16% | 17% | 18% | 18% | 16% | 14% | 14% | 14% | 13% | 13% |
| Other Income | 11 | 7 | 7 | 40 | 22 | 13 | 3 | 38 | -10 | 17 | 4 | -91 | -351 |
| Interest | 118 | 132 | 142 | 139 | 135 | 133 | 123 | 115 | 107 | 120 | 111 | 109 | 101 |
| Depreciation | 344 | 349 | 354 | 372 | 362 | 360 | 368 | 388 | 370 | 376 | 376 | 377 | 378 |
| Profit before tax | 238 | 238 | 424 | 527 | 576 | 680 | 721 | 563 | 423 | 399 | 465 | 260 | 38 |
| Tax % | 20% | 25% | 31% | 22% | 31% | 30% | 31% | 37% | 29% | 25% | 27% | 29% | 66% |
| Net Profit | 191 | 179 | 292 | 410 | 397 | 474 | 497 | 354 | 302 | 297 | 337 | 185 | 13 |
| EPS in Rs | 3.00 | 2.82 | 4.60 | 6.46 | 6.25 | 7.47 | 7.82 | 5.58 | 4.76 | 4.68 | 5.31 | 2.91 | 0.20 |
Last Updated: August 20, 2025, 1:40 pm
Below is a detailed analysis of the quarterly data for Apollo Tyres Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 6,561.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,424.00 Cr. (Mar 2025) to 6,561.00 Cr., marking an increase of 137.00 Cr..
- For Expenses, as of Jun 2025, the value is 5,693.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,586.00 Cr. (Mar 2025) to 5,693.00 Cr., marking an increase of 107.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 868.00 Cr.. The value appears strong and on an upward trend. It has increased from 837.00 Cr. (Mar 2025) to 868.00 Cr., marking an increase of 31.00 Cr..
- For OPM %, as of Jun 2025, the value is 13.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 13.00%.
- For Other Income, as of Jun 2025, the value is -351.00 Cr.. The value appears to be declining and may need further review. It has decreased from -91.00 Cr. (Mar 2025) to -351.00 Cr., marking a decrease of 260.00 Cr..
- For Interest, as of Jun 2025, the value is 101.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 109.00 Cr. (Mar 2025) to 101.00 Cr., marking a decrease of 8.00 Cr..
- For Depreciation, as of Jun 2025, the value is 378.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 377.00 Cr. (Mar 2025) to 378.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 38.00 Cr.. The value appears to be declining and may need further review. It has decreased from 260.00 Cr. (Mar 2025) to 38.00 Cr., marking a decrease of 222.00 Cr..
- For Tax %, as of Jun 2025, the value is 66.00%. The value appears to be increasing, which may not be favorable. It has increased from 29.00% (Mar 2025) to 66.00%, marking an increase of 37.00%.
- For Net Profit, as of Jun 2025, the value is 13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 185.00 Cr. (Mar 2025) to 13.00 Cr., marking a decrease of 172.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.20. The value appears to be declining and may need further review. It has decreased from 2.91 (Mar 2025) to 0.20, marking a decrease of 2.71.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 5:23 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,412 | 12,815 | 11,849 | 13,180 | 14,843 | 17,549 | 16,350 | 17,397 | 20,948 | 24,568 | 25,378 | 26,123 | 26,349 |
| Expenses | 11,524 | 10,876 | 9,840 | 11,313 | 13,175 | 15,573 | 14,392 | 14,579 | 18,353 | 21,235 | 20,909 | 22,528 | 22,819 |
| Operating Profit | 1,888 | 1,939 | 2,008 | 1,867 | 1,668 | 1,976 | 1,958 | 2,818 | 2,595 | 3,333 | 4,468 | 3,595 | 3,530 |
| OPM % | 14% | 15% | 17% | 14% | 11% | 11% | 12% | 16% | 12% | 14% | 18% | 14% | 13% |
| Other Income | 48 | -31 | 110 | 148 | 114 | -77 | 24 | -478 | 118 | 64 | 77 | -80 | -422 |
| Interest | 293 | 189 | 101 | 118 | 177 | 199 | 300 | 463 | 465 | 551 | 527 | 470 | 440 |
| Depreciation | 411 | 388 | 427 | 462 | 593 | 813 | 1,138 | 1,315 | 1,400 | 1,419 | 1,478 | 1,498 | 1,506 |
| Profit before tax | 1,232 | 1,331 | 1,591 | 1,436 | 1,012 | 888 | 543 | 561 | 848 | 1,427 | 2,540 | 1,547 | 1,162 |
| Tax % | 18% | 27% | 29% | 23% | 28% | 23% | 12% | 38% | 25% | 27% | 32% | 28% | |
| Net Profit | 1,005 | 978 | 1,123 | 1,099 | 724 | 680 | 476 | 350 | 639 | 1,046 | 1,722 | 1,121 | 832 |
| EPS in Rs | 19.94 | 19.21 | 22.06 | 21.59 | 12.65 | 11.88 | 8.33 | 5.51 | 10.06 | 16.47 | 27.11 | 17.66 | 13.10 |
| Dividend Payout % | 4% | 10% | 9% | 14% | 24% | 27% | 36% | 63% | 32% | 27% | 22% | 28% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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: July 25, 2025, 3:36 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 51 | 51 | 51 | 57 | 57 | 57 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 4,524 | 4,991 | 6,554 | 7,239 | 9,719 | 9,983 | 9,873 | 11,380 | 11,689 | 12,515 | 13,839 | 14,702 |
| Borrowings | 1,613 | 1,106 | 1,547 | 3,437 | 4,661 | 5,111 | 6,764 | 7,334 | 7,061 | 6,421 | 4,905 | 4,410 |
| Other Liabilities | 2,846 | 2,451 | 3,442 | 4,507 | 5,620 | 5,000 | 6,512 | 7,040 | 8,228 | 8,282 | 8,068 | 8,051 |
| Total Liabilities | 9,034 | 8,600 | 11,594 | 15,233 | 20,058 | 20,151 | 23,205 | 25,816 | 27,041 | 27,281 | 26,875 | 27,227 |
| Fixed Assets | 4,593 | 4,382 | 5,214 | 6,692 | 10,403 | 11,754 | 15,448 | 16,420 | 17,591 | 17,653 | 17,006 | 16,411 |
| CWIP | 46 | 218 | 994 | 2,915 | 2,304 | 1,539 | 1,642 | 1,107 | 618 | 253 | 348 | 435 |
| Investments | 64 | 101 | 506 | 396 | 1,342 | 6 | 19 | 110 | 481 | 436 | 532 | 45 |
| Other Assets | 4,330 | 3,899 | 4,880 | 5,230 | 6,008 | 6,852 | 6,096 | 8,181 | 8,350 | 8,940 | 8,989 | 10,335 |
| Total Assets | 9,034 | 8,600 | 11,594 | 15,233 | 20,058 | 20,151 | 23,205 | 25,816 | 27,041 | 27,281 | 26,875 | 27,227 |
Below is a detailed analysis of the balance sheet data for Apollo Tyres Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 64.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 64.00 Cr..
- For Reserves, as of Mar 2025, the value is 14,702.00 Cr.. The value appears strong and on an upward trend. It has increased from 13,839.00 Cr. (Mar 2024) to 14,702.00 Cr., marking an increase of 863.00 Cr..
- For Borrowings, as of Mar 2025, the value is 4,410.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 4,905.00 Cr. (Mar 2024) to 4,410.00 Cr., marking a decrease of 495.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 8,051.00 Cr.. The value appears to be improving (decreasing). It has decreased from 8,068.00 Cr. (Mar 2024) to 8,051.00 Cr., marking a decrease of 17.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 27,227.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26,875.00 Cr. (Mar 2024) to 27,227.00 Cr., marking an increase of 352.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 16,411.00 Cr.. The value appears to be declining and may need further review. It has decreased from 17,006.00 Cr. (Mar 2024) to 16,411.00 Cr., marking a decrease of 595.00 Cr..
- For CWIP, as of Mar 2025, the value is 435.00 Cr.. The value appears strong and on an upward trend. It has increased from 348.00 Cr. (Mar 2024) to 435.00 Cr., marking an increase of 87.00 Cr..
- For Investments, as of Mar 2025, the value is 45.00 Cr.. The value appears to be declining and may need further review. It has decreased from 532.00 Cr. (Mar 2024) to 45.00 Cr., marking a decrease of 487.00 Cr..
- For Other Assets, as of Mar 2025, the value is 10,335.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,989.00 Cr. (Mar 2024) to 10,335.00 Cr., marking an increase of 1,346.00 Cr..
- For Total Assets, as of Mar 2025, the value is 27,227.00 Cr.. The value appears strong and on an upward trend. It has increased from 26,875.00 Cr. (Mar 2024) to 27,227.00 Cr., marking an increase of 352.00 Cr..
Notably, the Reserves (14,702.00 Cr.) exceed the Borrowings (4,410.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 0.00 | 0.00 | 1.00 | -2.00 | -3.00 | -4.00 | -5.00 | -5.00 | -5.00 | -3.00 | 0.00 | -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.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 27 | 33 | 31 | 35 | 27 | 21 | 29 | 36 | 37 | 38 | 43 |
| Inventory Days | 97 | 92 | 119 | 140 | 128 | 125 | 129 | 129 | 122 | 110 | 113 | 127 |
| Days Payable | 59 | 46 | 95 | 92 | 106 | 74 | 93 | 109 | 104 | 85 | 73 | 71 |
| Cash Conversion Cycle | 67 | 73 | 58 | 80 | 57 | 78 | 57 | 49 | 54 | 63 | 79 | 99 |
| Working Capital Days | 12 | 14 | 2 | -5 | -0 | 20 | -22 | -27 | -23 | -6 | 8 | 22 |
| ROCE % | 26% | 26% | 23% | 16% | 9% | 9% | 5% | 9% | 7% | 10% | 16% | 11% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid-Cap Opportunities Fund - Regular Plan | 41,892,187 | 3.61 | 2172.11 | 41,892,187 | 2025-04-22 13:31:13 | 0% |
| HDFC Balanced Advantage Fund - Regular Plan | 9,000,000 | 0.59 | 466.65 | 9,000,000 | 2025-04-22 17:25:42 | 0% |
| Kotak Equity Opportunities Fund - Regular Plan | 8,200,000 | 2.23 | 425.17 | 8,200,000 | 2025-04-22 17:25:42 | 0% |
| Nippon India Small Cap Fund | 6,354,380 | 0.72 | 329.47 | 6,354,380 | 2025-04-22 17:25:42 | 0% |
| Kotak Flexicap Fund - Regular Plan | 5,600,000 | 0.64 | 290.36 | 5,600,000 | 2025-04-22 14:53:35 | 0% |
| Nippon India Growth Fund | 4,399,185 | 0.93 | 228.1 | 4,399,185 | 2025-04-22 17:25:42 | 0% |
| Franklin India Prima Fund | 3,044,174 | 1.55 | 157.84 | 3,044,174 | 2025-04-22 17:25:42 | 0% |
| Invesco India Mid Cap Fund | 2,903,958 | 3.55 | 150.57 | 2,903,958 | 2025-04-22 17:25:42 | 0% |
| HDFC Large and Mid Cap Fund - Regular Plan | 2,839,000 | 0.88 | 147.2 | 2,839,000 | 2025-04-22 17:25:42 | 0% |
| HDFC Childrens Gift Fund - Regular Plan | 2,387,300 | 1.46 | 123.78 | 2,387,300 | 2025-04-22 17:25:42 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 17.66 | 27.11 | 17.39 | 10.06 | 5.68 |
| Diluted EPS (Rs.) | 17.66 | 27.11 | 17.39 | 10.06 | 5.68 |
| Cash EPS (Rs.) | 41.24 | 50.38 | 39.73 | 32.09 | 26.22 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 232.49 | 218.90 | 202.77 | 185.04 | 180.18 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 232.49 | 218.90 | 202.77 | 185.04 | 180.18 |
| Revenue From Operations / Share (Rs.) | 411.33 | 399.59 | 386.84 | 329.83 | 273.93 |
| PBDIT / Share (Rs.) | 57.62 | 72.44 | 52.82 | 42.47 | 46.08 |
| PBIT / Share (Rs.) | 34.03 | 49.17 | 30.48 | 20.44 | 25.38 |
| PBT / Share (Rs.) | 24.34 | 39.99 | 22.47 | 13.35 | 8.84 |
| Net Profit / Share (Rs.) | 17.65 | 27.11 | 17.39 | 10.05 | 5.51 |
| NP After MI And SOA / Share (Rs.) | 17.66 | 27.11 | 17.39 | 10.06 | 5.51 |
| PBDIT Margin (%) | 14.00 | 18.12 | 13.65 | 12.87 | 16.82 |
| PBIT Margin (%) | 8.27 | 12.30 | 7.87 | 6.19 | 9.26 |
| PBT Margin (%) | 5.91 | 10.00 | 5.80 | 4.04 | 3.22 |
| Net Profit Margin (%) | 4.28 | 6.78 | 4.49 | 3.04 | 2.01 |
| NP After MI And SOA Margin (%) | 4.29 | 6.78 | 4.49 | 3.04 | 2.01 |
| Return on Networth / Equity (%) | 7.59 | 12.38 | 8.57 | 5.43 | 3.06 |
| Return on Capital Employeed (%) | 10.83 | 15.68 | 10.00 | 6.74 | 8.33 |
| Return On Assets (%) | 4.10 | 6.38 | 4.03 | 2.39 | 1.34 |
| Long Term Debt / Equity (X) | 0.12 | 0.19 | 0.29 | 0.37 | 0.42 |
| Total Debt / Equity (X) | 0.22 | 0.28 | 0.43 | 0.52 | 0.44 |
| Asset Turnover Ratio (%) | 0.96 | 0.93 | 0.73 | 0.63 | 0.55 |
| Current Ratio (X) | 1.33 | 1.28 | 1.11 | 1.05 | 1.14 |
| Quick Ratio (X) | 0.63 | 0.67 | 0.55 | 0.49 | 0.64 |
| Inventory Turnover Ratio (X) | 5.50 | 2.55 | 3.33 | 3.28 | 2.36 |
| Dividend Payout Ratio (NP) (%) | 33.98 | 16.59 | 18.68 | 34.80 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 14.54 | 8.93 | 8.17 | 10.90 | 0.00 |
| Earning Retention Ratio (%) | 66.02 | 83.41 | 81.32 | 65.20 | 0.00 |
| Cash Earning Retention Ratio (%) | 85.46 | 91.07 | 91.83 | 89.10 | 0.00 |
| Interest Coverage Ratio (X) | 8.19 | 9.09 | 6.31 | 6.07 | 6.61 |
| Interest Coverage Ratio (Post Tax) (X) | 3.89 | 4.56 | 3.04 | 2.45 | 3.16 |
| Enterprise Value (Cr.) | 29452.29 | 32628.10 | 25055.09 | 17173.84 | 17176.10 |
| EV / Net Operating Revenue (X) | 1.13 | 1.29 | 1.02 | 0.81 | 0.98 |
| EV / EBITDA (X) | 8.05 | 7.09 | 7.47 | 6.37 | 5.87 |
| MarketCap / Net Operating Revenue (X) | 1.03 | 1.17 | 0.82 | 0.57 | 0.81 |
| Retention Ratios (%) | 66.01 | 83.40 | 81.31 | 65.19 | 0.00 |
| Price / BV (X) | 1.83 | 2.13 | 1.58 | 1.03 | 1.24 |
| Price / Net Operating Revenue (X) | 1.03 | 1.17 | 0.82 | 0.57 | 0.81 |
| EarningsYield | 0.04 | 0.05 | 0.05 | 0.05 | 0.02 |
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 5.50. This value is within the healthy range. It has increased from 2.55 (Mar 24) to 5.50, marking an increase of 2.95.
- 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.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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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:
- 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.
- 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.
- 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.
- 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.
- 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.
- Stock P/E: 26.2 (Industry average Stock P/E: 51.02)
- 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.
- 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.
Stock Rating: - Net Profit Margin: 4.28%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 3rd Floor, Areekal Mansion, Kochi Kerala 682036 | investors@apollotyres.com http://www.apollotyres.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Onkar Kanwar | Chairman |
| Mr. Neeraj Kanwar | Vice Chairman & Mng.Director |
| Mr. Gaurav Kumar | WholeTime Director & CFO |
| Mr. Francesco Crispino | Director |
| Mr. Francesco Gori | Director |
| Ms. Lakshmi Puri | Director |
| Mr. Vishal Mahadevia | Director |
| Dr. Jaimini Bhagwati | Director |
| Mr. Sunam Sarkar | Director |
| Mr. Vinod Rai | Director |
| Mr. Sumit Dayal | Independent Director |
| Mr. Berjis Desai | Independent Director |
FAQ
What is the intrinsic value of Apollo Tyres Ltd?
Apollo Tyres Ltd's intrinsic value (as of 03 November 2025) is 422.78 which is 16.94% lower the current market price of 509.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 32,352 Cr. market cap, FY2025-2026 high/low of 557/368, reserves of ₹14,702 Cr, and liabilities of 27,227 Cr.
What is the Market Cap of Apollo Tyres Ltd?
The Market Cap of Apollo Tyres Ltd is 32,352 Cr..
What is the current Stock Price of Apollo Tyres Ltd as on 03 November 2025?
The current stock price of Apollo Tyres Ltd as on 03 November 2025 is 509.
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 557/368.
What is the Stock P/E of Apollo Tyres Ltd?
The Stock P/E of Apollo Tyres Ltd is 26.2.
What is the Book Value of Apollo Tyres Ltd?
The Book Value of Apollo Tyres Ltd is 232.
What is the Dividend Yield of Apollo Tyres Ltd?
The Dividend Yield of Apollo Tyres Ltd is 0.98 %.
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.