Share Price and Basic Stock Data
Last Updated: April 30, 2025, 8:10 pm
| PEG Ratio | -2.31 |
|---|
Competitors of Goodyear India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 2,076 Cr. | 900 | 1,260/806 | 45.1 | 255 | 1.67 % | 22.0 % | 16.0 % | 10.0 |
| TVS Srichakra Ltd | 2,263 Cr. | 2,954 | 4,900/2,430 | 53.8 | 1,404 | 1.60 % | 11.1 % | 10.6 % | 10.0 |
| JK Tyre & Industries Ltd | 8,426 Cr. | 308 | 511/232 | 14.0 | 172 | 1.45 % | 19.3 % | 20.6 % | 2.00 |
| Innovative Tyres & Tubes Ltd | 10.2 Cr. | 5.65 | 10.2/4.75 | 9.21 | 0.00 % | 26.6 % | % | 10.0 | |
| CEAT Ltd | 12,447 Cr. | 3,077 | 3,581/2,210 | 24.5 | 1,038 | 0.98 % | 20.4 % | 18.1 % | 10.0 |
| Industry Average | 17,401.83 Cr | 1,470.95 | 31.20 | 512.74 | 1.09% | 19.06% | 16.02% | 6.43 |
Quarterly Result
| Metric | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 605.07 | 598.20 | 818.97 | 766.86 | 689.09 | 652.59 | 719.66 | 690.12 | 591.40 | 550.53 | 691.38 | 682.25 | 631.72 |
| Expenses | 571.41 | 564.68 | 758.94 | 720.84 | 645.22 | 595.56 | 655.59 | 628.79 | 551.59 | 545.15 | 647.05 | 651.16 | 607.89 |
| Operating Profit | 33.66 | 33.52 | 60.03 | 46.02 | 43.87 | 57.03 | 64.07 | 61.33 | 39.81 | 5.38 | 44.33 | 31.09 | 23.83 |
| OPM % | 5.56% | 5.60% | 7.33% | 6.00% | 6.37% | 8.74% | 8.90% | 8.89% | 6.73% | 0.98% | 6.41% | 4.56% | 3.77% |
| Other Income | 6.75 | 4.57 | 4.17 | 4.69 | 3.87 | 3.56 | 3.70 | 4.41 | 5.18 | 3.68 | 3.93 | 4.85 | 4.71 |
| Interest | 0.91 | 1.44 | 0.88 | 1.01 | 0.86 | 1.12 | 1.16 | 1.14 | 1.03 | 0.91 | 0.95 | 0.91 | 1.50 |
| Depreciation | 12.89 | 13.32 | 12.88 | 13.48 | 13.82 | 13.81 | 14.02 | 13.89 | 13.85 | 13.53 | 13.86 | 13.88 | 13.77 |
| Profit before tax | 26.61 | 23.33 | 50.44 | 36.22 | 33.06 | 45.66 | 52.59 | 50.71 | 30.11 | -5.38 | 33.45 | 21.15 | 13.27 |
| Tax % | 26.91% | 25.46% | 25.18% | 25.18% | 26.16% | 26.39% | 25.35% | 25.18% | 27.40% | -21.75% | 25.17% | 25.58% | 28.56% |
| Net Profit | 19.45 | 17.39 | 37.74 | 27.10 | 24.41 | 33.61 | 39.26 | 37.94 | 21.86 | -4.21 | 25.03 | 15.74 | 9.48 |
| EPS in Rs | 8.43 | 7.54 | 16.36 | 11.75 | 10.58 | 14.57 | 17.02 | 16.45 | 9.48 | -1.83 | 10.85 | 6.82 | 4.11 |
Last Updated: March 4, 2025, 12:11 am
Below is a detailed analysis of the quarterly data for Goodyear India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:
- For Sales, as of Dec 2024, the value is 631.72 Cr.. The value appears to be declining and may need further review. It has decreased from 682.25 Cr. (Sep 2024) to 631.72 Cr., marking a decrease of 50.53 Cr..
- For Expenses, as of Dec 2024, the value is 607.89 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 651.16 Cr. (Sep 2024) to 607.89 Cr., marking a decrease of 43.27 Cr..
- For Operating Profit, as of Dec 2024, the value is 23.83 Cr.. The value appears to be declining and may need further review. It has decreased from 31.09 Cr. (Sep 2024) to 23.83 Cr., marking a decrease of 7.26 Cr..
- For OPM %, as of Dec 2024, the value is 3.77%. The value appears to be declining and may need further review. It has decreased from 4.56% (Sep 2024) to 3.77%, marking a decrease of 0.79%.
- For Other Income, as of Dec 2024, the value is 4.71 Cr.. The value appears to be declining and may need further review. It has decreased from 4.85 Cr. (Sep 2024) to 4.71 Cr., marking a decrease of 0.14 Cr..
- For Interest, as of Dec 2024, the value is 1.50 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.91 Cr. (Sep 2024) to 1.50 Cr., marking an increase of 0.59 Cr..
- For Depreciation, as of Dec 2024, the value is 13.77 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 13.88 Cr. (Sep 2024) to 13.77 Cr., marking a decrease of 0.11 Cr..
- For Profit before tax, as of Dec 2024, the value is 13.27 Cr.. The value appears to be declining and may need further review. It has decreased from 21.15 Cr. (Sep 2024) to 13.27 Cr., marking a decrease of 7.88 Cr..
- For Tax %, as of Dec 2024, the value is 28.56%. The value appears to be increasing, which may not be favorable. It has increased from 25.58% (Sep 2024) to 28.56%, marking an increase of 2.98%.
- For Net Profit, as of Dec 2024, the value is 9.48 Cr.. The value appears to be declining and may need further review. It has decreased from 15.74 Cr. (Sep 2024) to 9.48 Cr., marking a decrease of 6.26 Cr..
- For EPS in Rs, as of Dec 2024, the value is 4.11. The value appears to be declining and may need further review. It has decreased from 6.82 (Sep 2024) to 4.11, 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: March 5, 2025, 5:38 pm
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016n n 15m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,461 | 1,546 | 1,564 | 1,730 | 1,512 | 1,665 | 1,912 | 1,746 | 1,792 | 2,436 | 2,928 | 2,552 | 2,556 |
| Expenses | 1,370 | 1,407 | 1,408 | 1,534 | 1,312 | 1,463 | 1,747 | 1,610 | 1,575 | 2,264 | 2,721 | 2,381 | 2,451 |
| Operating Profit | 91 | 139 | 156 | 196 | 200 | 202 | 164 | 136 | 217 | 172 | 207 | 171 | 105 |
| OPM % | 6% | 9% | 10% | 11% | 13% | 12% | 9% | 8% | 12% | 7% | 7% | 7% | 4% |
| Other Income | 21 | 30 | 29 | 38 | 33 | 37 | 38 | 35 | 23 | 23 | 16 | 17 | 17 |
| Interest | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 4 |
| Depreciation | 24 | 25 | 29 | 46 | 34 | 36 | 41 | 50 | 53 | 53 | 54 | 55 | 55 |
| Profit before tax | 85 | 142 | 154 | 184 | 196 | 199 | 158 | 117 | 183 | 138 | 165 | 128 | 62 |
| Tax % | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | 26% | |
| Net Profit | 56 | 94 | 101 | 120 | 127 | 130 | 102 | 89 | 136 | 103 | 123 | 95 | 46 |
| EPS in Rs | 24.42 | 40.78 | 43.89 | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 | 53.26 | 41.12 | 19.95 |
| Dividend Payout % | 29% | 22% | 23% | 23% | 23% | 23% | 29% | 34% | 301% | 224% | 50% | 100% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 2.36% | -21.54% | -12.75% | 52.81% | -24.26% | 19.42% | -22.76% |
| Change in YoY Net Profit Growth (%) | 0.00% | -23.90% | 8.79% | 65.55% | -77.07% | 43.68% | -42.18% |
Goodyear India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 13% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -1% |
| 3 Years: | -11% |
| TTM: | -65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 5% |
| 3 Years: | 0% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| Last Year: | 16% |
Last Updated: Unknown
Balance Sheet
Last Updated: November 14, 2024, 2:37 pm
| Month | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 331 | 400 | 474 | 591 | 684 | 779 | 844 | 893 | 816 | 692 | 583 | 558 | 564 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 14 | 17 | 10 | 7 | 5 |
| Other Liabilities | 388 | 436 | 395 | 310 | 382 | 495 | 463 | 376 | 537 | 634 | 646 | 591 | 682 |
| Total Liabilities | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 | 1,275 |
| Fixed Assets | 198 | 210 | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | 357 | 364 | 350 |
| CWIP | 17 | 32 | 17 | 29 | 31 | 26 | 50 | 15 | 16 | 33 | 61 | 44 | 45 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 527 | 617 | 635 | 674 | 831 | 1,025 | 1,029 | 976 | 1,063 | 1,015 | 843 | 771 | 880 |
| Total Assets | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 | 1,275 |
Below is a detailed analysis of the balance sheet data for Goodyear India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2024, the value is ₹23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
- For Reserves, as of Sep 2024, the value is ₹564.00 Cr.. The value appears strong and on an upward trend. It has increased from 558.00 Cr. (Mar 2024) to ₹564.00 Cr., marking an increase of 6.00 Cr..
- For Borrowings, as of Sep 2024, the value is ₹5.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 7.00 Cr. (Mar 2024) to ₹5.00 Cr., marking a decrease of 2.00 Cr..
- For Other Liabilities, as of Sep 2024, the value is ₹682.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 591.00 Cr. (Mar 2024) to ₹682.00 Cr., marking an increase of 91.00 Cr..
- For Total Liabilities, as of Sep 2024, the value is ₹1,275.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,179.00 Cr. (Mar 2024) to ₹1,275.00 Cr., marking an increase of 96.00 Cr..
- For Fixed Assets, as of Sep 2024, the value is ₹350.00 Cr.. The value appears to be declining and may need further review. It has decreased from 364.00 Cr. (Mar 2024) to ₹350.00 Cr., marking a decrease of 14.00 Cr..
- For CWIP, as of Sep 2024, the value is ₹45.00 Cr.. The value appears strong and on an upward trend. It has increased from 44.00 Cr. (Mar 2024) to ₹45.00 Cr., marking an increase of 1.00 Cr..
- For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2024, the value is ₹880.00 Cr.. The value appears strong and on an upward trend. It has increased from 771.00 Cr. (Mar 2024) to ₹880.00 Cr., marking an increase of 109.00 Cr..
- For Total Assets, as of Sep 2024, the value is ₹1,275.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,179.00 Cr. (Mar 2024) to ₹1,275.00 Cr., marking an increase of 96.00 Cr..
Notably, the Reserves (564.00 Cr.) exceed the Borrowings (5.00 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
| Month | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016n n 15m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 91.00 | 139.00 | 156.00 | 196.00 | 200.00 | 202.00 | 164.00 | 121.00 | 203.00 | 155.00 | 197.00 | 164.00 |
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 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 39 | 26 | 34 | 38 | 46 | 46 | 46 | 55 | 38 | 40 | 38 |
| Inventory Days | 35 | 32 | 41 | 42 | 65 | 57 | 46 | 46 | 41 | 63 | 48 | 60 |
| Days Payable | 87 | 94 | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 | 80 | 85 |
| Cash Conversion Cycle | -14 | -23 | -15 | 10 | 2 | -25 | -2 | 10 | -29 | -1 | 8 | 14 |
| Working Capital Days | -22 | -28 | -25 | 8 | -0 | -11 | 0 | 10 | -18 | -5 | 2 | 5 |
| ROCE % | 26% | 37% | 34% | 34% | 30% | 27% | 19% | 13% | 21% | 18% | 25% | 22% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Equity Savings Fund - Regular Plan | 100,000 | 0.25 | 12.22 | 100,000 | 2025-04-22 15:56:49 | 0% |
| HDFC Hybrid Debt Fund - Regular Plan | 66,000 | 0.23 | 7.68 | 66,000 | 2025-04-22 15:56:50 | 0% |
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 41.12 | 53.26 | 44.61 | 59.07 | 38.51 |
| Diluted EPS (Rs.) | 41.12 | 53.26 | 44.61 | 59.07 | 38.51 |
| Cash EPS (Rs.) | 65.08 | 76.66 | 67.43 | 81.93 | 60.23 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 250.86 | 261.42 | 309.85 | 363.92 | 396.94 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 252.04 | 262.60 | 309.85 | 363.92 | 396.94 |
| Dividend / Share (Rs.) | 41.00 | 26.50 | 100.00 | 178.00 | 13.00 |
| Revenue From Operations / Share (Rs.) | 1106.07 | 1268.97 | 1055.78 | 776.64 | 756.64 |
| PBDIT / Share (Rs.) | 81.30 | 96.77 | 84.63 | 103.75 | 74.08 |
| PBIT / Share (Rs.) | 57.33 | 73.36 | 61.80 | 80.88 | 52.37 |
| PBT / Share (Rs.) | 55.50 | 71.69 | 60.01 | 79.40 | 50.65 |
| Net Profit / Share (Rs.) | 41.11 | 53.26 | 44.60 | 59.06 | 38.51 |
| PBDIT Margin (%) | 7.35 | 7.62 | 8.01 | 13.35 | 9.79 |
| PBIT Margin (%) | 5.18 | 5.78 | 5.85 | 10.41 | 6.92 |
| PBT Margin (%) | 5.01 | 5.64 | 5.68 | 10.22 | 6.69 |
| Net Profit Margin (%) | 3.71 | 4.19 | 4.22 | 7.60 | 5.08 |
| Return on Networth / Equity (%) | 16.38 | 20.37 | 14.39 | 16.22 | 9.70 |
| Return on Capital Employeed (%) | 21.49 | 26.38 | 18.94 | 21.27 | 12.65 |
| Return On Assets (%) | 8.04 | 9.74 | 7.53 | 9.79 | 6.79 |
| Asset Turnover Ratio (%) | 2.09 | 2.23 | 1.77 | 1.33 | 1.32 |
| Current Ratio (X) | 1.27 | 1.28 | 1.57 | 1.99 | 2.67 |
| Quick Ratio (X) | 0.73 | 0.81 | 1.08 | 1.73 | 2.25 |
| Inventory Turnover Ratio (X) | 3.26 | 3.98 | 4.84 | 4.50 | 4.26 |
| Dividend Payout Ratio (NP) (%) | 127.67 | 187.75 | 219.70 | 157.43 | 33.75 |
| Dividend Payout Ratio (CP) (%) | 80.65 | 130.43 | 145.31 | 113.49 | 21.58 |
| Earning Retention Ratio (%) | -27.67 | -87.75 | -119.70 | -57.43 | 66.25 |
| Cash Earning Retention Ratio (%) | 19.35 | -30.43 | -45.31 | -13.49 | 78.42 |
| Interest Coverage Ratio (X) | 44.24 | 57.68 | 47.39 | 69.98 | 43.05 |
| Interest Coverage Ratio (Post Tax) (X) | 23.37 | 32.75 | 25.97 | 40.84 | 23.38 |
| Enterprise Value (Cr.) | 2418.88 | 2301.32 | 1657.52 | 1460.02 | 848.53 |
| EV / Net Operating Revenue (X) | 0.94 | 0.78 | 0.68 | 0.81 | 0.48 |
| EV / EBITDA (X) | 12.90 | 10.31 | 8.49 | 6.10 | 4.96 |
| MarketCap / Net Operating Revenue (X) | 0.99 | 0.84 | 0.84 | 1.15 | 0.79 |
| Retention Ratios (%) | -27.67 | -87.75 | -119.70 | -57.43 | 66.24 |
| Price / BV (X) | 4.39 | 4.09 | 2.86 | 2.45 | 1.52 |
| Price / Net Operating Revenue (X) | 0.99 | 0.84 | 0.84 | 1.15 | 0.79 |
| EarningsYield | 0.03 | 0.04 | 0.05 | 0.06 | 0.06 |
After reviewing the key financial ratios for Goodyear India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 41.12. This value is within the healthy range. It has decreased from 53.26 (Mar 23) to 41.12, marking a decrease of 12.14.
- For Diluted EPS (Rs.), as of Mar 24, the value is 41.12. This value is within the healthy range. It has decreased from 53.26 (Mar 23) to 41.12, marking a decrease of 12.14.
- For Cash EPS (Rs.), as of Mar 24, the value is 65.08. This value is within the healthy range. It has decreased from 76.66 (Mar 23) to 65.08, marking a decrease of 11.58.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 250.86. It has decreased from 261.42 (Mar 23) to 250.86, marking a decrease of 10.56.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 252.04. It has decreased from 262.60 (Mar 23) to 252.04, marking a decrease of 10.56.
- For Dividend / Share (Rs.), as of Mar 24, the value is 41.00. This value exceeds the healthy maximum of 3. It has increased from 26.50 (Mar 23) to 41.00, marking an increase of 14.50.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,106.07. It has decreased from 1,268.97 (Mar 23) to 1,106.07, marking a decrease of 162.90.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 81.30. This value is within the healthy range. It has decreased from 96.77 (Mar 23) to 81.30, marking a decrease of 15.47.
- For PBIT / Share (Rs.), as of Mar 24, the value is 57.33. This value is within the healthy range. It has decreased from 73.36 (Mar 23) to 57.33, marking a decrease of 16.03.
- For PBT / Share (Rs.), as of Mar 24, the value is 55.50. This value is within the healthy range. It has decreased from 71.69 (Mar 23) to 55.50, marking a decrease of 16.19.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 41.11. This value is within the healthy range. It has decreased from 53.26 (Mar 23) to 41.11, marking a decrease of 12.15.
- For PBDIT Margin (%), as of Mar 24, the value is 7.35. This value is below the healthy minimum of 10. It has decreased from 7.62 (Mar 23) to 7.35, marking a decrease of 0.27.
- For PBIT Margin (%), as of Mar 24, the value is 5.18. This value is below the healthy minimum of 10. It has decreased from 5.78 (Mar 23) to 5.18, marking a decrease of 0.60.
- For PBT Margin (%), as of Mar 24, the value is 5.01. This value is below the healthy minimum of 10. It has decreased from 5.64 (Mar 23) to 5.01, marking a decrease of 0.63.
- For Net Profit Margin (%), as of Mar 24, the value is 3.71. This value is below the healthy minimum of 5. It has decreased from 4.19 (Mar 23) to 3.71, marking a decrease of 0.48.
- For Return on Networth / Equity (%), as of Mar 24, the value is 16.38. This value is within the healthy range. It has decreased from 20.37 (Mar 23) to 16.38, marking a decrease of 3.99.
- For Return on Capital Employeed (%), as of Mar 24, the value is 21.49. This value is within the healthy range. It has decreased from 26.38 (Mar 23) to 21.49, marking a decrease of 4.89.
- For Return On Assets (%), as of Mar 24, the value is 8.04. This value is within the healthy range. It has decreased from 9.74 (Mar 23) to 8.04, marking a decrease of 1.70.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 2.09. It has decreased from 2.23 (Mar 23) to 2.09, marking a decrease of 0.14.
- For Current Ratio (X), as of Mar 24, the value is 1.27. This value is below the healthy minimum of 1.5. It has decreased from 1.28 (Mar 23) to 1.27, marking a decrease of 0.01.
- For Quick Ratio (X), as of Mar 24, the value is 0.73. This value is below the healthy minimum of 1. It has decreased from 0.81 (Mar 23) to 0.73, marking a decrease of 0.08.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.26. This value is below the healthy minimum of 4. It has decreased from 3.98 (Mar 23) to 3.26, marking a decrease of 0.72.
- For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 127.67. This value exceeds the healthy maximum of 50. It has decreased from 187.75 (Mar 23) to 127.67, marking a decrease of 60.08.
- For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 80.65. This value exceeds the healthy maximum of 50. It has decreased from 130.43 (Mar 23) to 80.65, marking a decrease of 49.78.
- For Earning Retention Ratio (%), as of Mar 24, the value is -27.67. This value is below the healthy minimum of 40. It has increased from -87.75 (Mar 23) to -27.67, marking an increase of 60.08.
- For Cash Earning Retention Ratio (%), as of Mar 24, the value is 19.35. This value is below the healthy minimum of 40. It has increased from -30.43 (Mar 23) to 19.35, marking an increase of 49.78.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 44.24. This value is within the healthy range. It has decreased from 57.68 (Mar 23) to 44.24, marking a decrease of 13.44.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 23.37. This value is within the healthy range. It has decreased from 32.75 (Mar 23) to 23.37, marking a decrease of 9.38.
- For Enterprise Value (Cr.), as of Mar 24, the value is 2,418.88. It has increased from 2,301.32 (Mar 23) to 2,418.88, marking an increase of 117.56.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.94. This value is below the healthy minimum of 1. It has increased from 0.78 (Mar 23) to 0.94, marking an increase of 0.16.
- For EV / EBITDA (X), as of Mar 24, the value is 12.90. This value is within the healthy range. It has increased from 10.31 (Mar 23) to 12.90, marking an increase of 2.59.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.84 (Mar 23) to 0.99, marking an increase of 0.15.
- For Retention Ratios (%), as of Mar 24, the value is -27.67. This value is below the healthy minimum of 30. It has increased from -87.75 (Mar 23) to -27.67, marking an increase of 60.08.
- For Price / BV (X), as of Mar 24, the value is 4.39. This value exceeds the healthy maximum of 3. It has increased from 4.09 (Mar 23) to 4.39, marking an increase of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.84 (Mar 23) to 0.99, marking an increase of 0.15.
- For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.03, 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 Goodyear India Ltd:
- Net Profit Margin: 3.71%
- 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: 21.49% (Industry Average ROCE: 19.06%)
- 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%: 16.38% (Industry Average ROE: 13.73%)
- 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): 23.37
- 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: 0.73
- 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: 45.1 (Industry average Stock P/E: 26.74)
- 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
- 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: 3.71%
About the Company - Qualitative Analysis
Goodyear India Ltd. is a Public Limited Listed company incorporated on 28/03/1961 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L25111HR1961PLC008578 and registration number is 008578. 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. 2551.71 Cr. and Equity Capital is Rs. 23.07 Cr. for the Year ended 31/03/2024.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | Mathura Road, Ballabgarh, Faridabad Dist. Haryana 121004 | goodyearindia_investorcell@goodyear.com http://www.goodyear.co.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sandeep Mahajan | Chairman & Managing Director |
| Mr. Nitesh Kumar Jain | Non Executive Director |
| Mr. Rajiv Lochan Jain | Independent Director |
| Mr. Rajeev Kher | Independent Director |
| Ms. Uma Ratnam Krishnan | Independent Director |
FAQ
What is the intrinsic value of Goodyear India Ltd?
Goodyear India Ltd's intrinsic value (as of 30 April 2025) is ₹1496.65 — 66.29% higher the current market price of 900.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 2,076 Cr. market cap, FY2025-2026 high/low of ₹1,260/806, reserves of 564 Cr, and liabilities of 1,275 Cr.
What is the Market Cap of Goodyear India Ltd?
The Market Cap of Goodyear India Ltd is 2,076 Cr..
What is the current Stock Price of Goodyear India Ltd as on 30 April 2025?
The current stock price of Goodyear India Ltd as on 30 April 2025 is 900.
What is the High / Low of Goodyear India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Goodyear India Ltd stocks is ₹1,260/806.
What is the Stock P/E of Goodyear India Ltd?
The Stock P/E of Goodyear India Ltd is 45.1.
What is the Book Value of Goodyear India Ltd?
The Book Value of Goodyear India Ltd is 255.
What is the Dividend Yield of Goodyear India Ltd?
The Dividend Yield of Goodyear India Ltd is 1.67 %.
What is the ROCE of Goodyear India Ltd?
The ROCE of Goodyear India Ltd is 22.0 %.
What is the ROE of Goodyear India Ltd?
The ROE of Goodyear India Ltd is 16.0 %.
What is the Face Value of Goodyear India Ltd?
The Face Value of Goodyear India Ltd is 10.0.