Goodyear India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 25, 2026, 3:42 am

Market Cap	1,628 Cr.
Current Price	706
Intrinsic Value	₹488.46
High / Low	1,071/695
Stock P/E	28.7
Book Value	249
Dividend Yield	3.39 %
ROCE	13.0 %
ROE	9.31 %
Face Value	10.0
PEG Ratio	-2.55

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Goodyear India Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Goodyear India Ltd	1,628 Cr.	706	1,071/695	28.7	249	3.39 %	13.0 %	9.31 %	10.0
TVS Srichakra Ltd	2,646 Cr.	3,454	4,788/2,430	56.4	1,508	0.49 %	5.36 %	2.35 %	10.0
JK Tyre & Industries Ltd	11,471 Cr.	398	612/232	15.7	182	0.75 %	12.8 %	11.1 %	2.00
CEAT Ltd	13,929 Cr.	3,452	4,438/2,322	22.4	1,130	0.87 %	15.4 %	11.8 %	10.0
Apollo Tyres Ltd	25,693 Cr.	405	540/368	17.6	245	1.24 %	11.4 %	8.61 %	1.00
Industry Average	15,862.33 Cr	1,745.50		28.52	642.33	1.25%	12.44%	9.83%	5.83

All Competitor Stocks of Goodyear India Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	689	653	720	690	591	551	691	682	632	603	656	596	607
Expenses	645	596	656	629	552	545	647	651	608	585	628	570	565
Operating Profit	44	57	64	61	40	5	44	31	24	17	28	27	42
OPM %	6%	9%	9%	9%	7%	1%	6%	5%	4%	3%	4%	4%	7%
Other Income	4	4	4	4	5	4	4	5	5	4	5	5	5
Interest	1	1	1	1	1	1	1	1	2	1	1	1	1
Depreciation	14	14	14	14	14	14	14	14	14	13	13	13	12
Profit before tax	33	46	53	51	30	-5	33	21	13	7	19	18	33
Tax %	26%	26%	25%	25%	27%	-22%	25%	26%	29%	28%	26%	25%	26%
Net Profit	24	34	39	38	22	-4	25	16	9	5	14	13	25
EPS in Rs	10.58	14.57	17.02	16.45	9.48	-1.83	10.85	6.82	4.11	2.11	6.12	5.67	10.68

Last Updated: March 3, 2026, 9:28 am

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

For Sales, as of Dec 2025, the value is 607.00 Cr.. The value appears strong and on an upward trend. It has increased from 596.00 Cr. (Sep 2025) to 607.00 Cr., marking an increase of 11.00 Cr..
For Expenses, as of Dec 2025, the value is 565.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 570.00 Cr. (Sep 2025) to 565.00 Cr., marking a decrease of 5.00 Cr..
For Operating Profit, as of Dec 2025, the value is 42.00 Cr.. The value appears strong and on an upward trend. It has increased from 27.00 Cr. (Sep 2025) to 42.00 Cr., marking an increase of 15.00 Cr..
For OPM %, as of Dec 2025, the value is 7.00%. The value appears strong and on an upward trend. It has increased from 4.00% (Sep 2025) to 7.00%, marking an increase of 3.00%.
For Other Income, as of Dec 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 5.00 Cr..
For Interest, as of Dec 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 1.00 Cr..
For Depreciation, as of Dec 2025, the value is 12.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 13.00 Cr. (Sep 2025) to 12.00 Cr., marking a decrease of 1.00 Cr..
For Profit before tax, as of Dec 2025, the value is 33.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Sep 2025) to 33.00 Cr., marking an increase of 15.00 Cr..
For Tax %, as of Dec 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2025) to 26.00%, marking an increase of 1.00%.
For Net Profit, as of Dec 2025, the value is 25.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Sep 2025) to 25.00 Cr., marking an increase of 12.00 Cr..
For EPS in Rs, as of Dec 2025, the value is 10.68. The value appears strong and on an upward trend. It has increased from 5.67 (Sep 2025) to 10.68, marking an increase of 5.01.

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 27, 2026, 6:20 am

Metric	Dec 2013	Dec 2014	Mar 2016n n 15m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,546	1,564	1,730	1,512	1,665	1,912	1,746	1,792	2,436	2,928	2,552	2,608	2,462
Expenses	1,407	1,408	1,534	1,312	1,463	1,747	1,610	1,575	2,264	2,721	2,381	2,491	2,348
Operating Profit	139	156	196	200	202	164	136	217	172	207	171	117	115
OPM %	9%	10%	11%	13%	12%	9%	8%	12%	7%	7%	7%	4%	5%
Other Income	30	29	38	33	37	38	35	23	23	16	17	18	18
Interest	2	3	3	3	3	3	4	3	4	4	4	5	5
Depreciation	25	29	46	34	36	41	50	53	53	54	55	55	51
Profit before tax	142	154	184	196	199	158	117	183	138	165	128	75	77
Tax %	34%	34%	35%	35%	35%	35%	24%	26%	26%	26%	26%	26%
Net Profit	94	101	120	127	130	102	89	136	103	123	95	55	57
EPS in Rs	40.78	43.89	51.92	55.22	56.34	44.25	38.51	59.07	44.61	53.26	41.12	23.90	24.58
Dividend Payout %	22%	23%	23%	23%	23%	29%	34%	301%	224%	50%	100%	100%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	2.36%	-21.54%	-12.75%	52.81%	-24.26%	19.42%	-22.76%	-42.11%
Change in YoY Net Profit Growth (%)	0.00%	-23.90%	8.79%	65.55%	-77.07%	43.68%	-42.18%	-19.34%

Goodyear India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	8%
3 Years:	2%
TTM:	2%

Compounded Profit Growth
10 Years:	-6%
5 Years:	-9%
3 Years:	-19%
TTM:	-45%

Stock Price CAGR
10 Years:	7%
5 Years:	-1%
3 Years:	-3%
1 Year:	-17%

Return on Equity
10 Years:	15%
5 Years:	15%
3 Years:	15%
Last Year:	9%

Last Updated: September 5, 2025, 3:40 pm

Balance Sheet

Last Updated: December 4, 2025, 2:58 am

Month	Dec 2013	Dec 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	23	23	23	23	23	23	23	23	23	23	23	23	23
Reserves	400	474	591	684	779	844	893	816	692	583	558	580	552
Borrowings	0	0	0	0	0	0	15	14	17	10	7	29	28
Other Liabilities	436	395	310	382	495	463	376	537	634	646	591	612	557
Total Liabilities	859	892	924	1,090	1,298	1,331	1,307	1,391	1,365	1,261	1,179	1,244	1,159
Fixed Assets	210	240	221	227	246	251	316	312	317	357	364	367	357
CWIP	32	17	29	31	26	50	15	16	33	61	44	36	29
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	617	635	674	831	1,025	1,029	976	1,063	1,015	843	771	840	773
Total Assets	859	892	924	1,090	1,298	1,331	1,307	1,391	1,365	1,261	1,179	1,244	1,159

Below is a detailed analysis of the balance sheet data for Goodyear India 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 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 23.00 Cr..
For Reserves, as of Sep 2025, the value is 552.00 Cr.. The value appears to be declining and may need further review. It has decreased from 580.00 Cr. (Mar 2025) to 552.00 Cr., marking a decrease of 28.00 Cr..
For Borrowings, as of Sep 2025, the value is 28.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 29.00 Cr. (Mar 2025) to 28.00 Cr., marking a decrease of 1.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 557.00 Cr.. The value appears to be improving (decreasing). It has decreased from 612.00 Cr. (Mar 2025) to 557.00 Cr., marking a decrease of 55.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 1,159.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,244.00 Cr. (Mar 2025) to 1,159.00 Cr., marking a decrease of 85.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 357.00 Cr.. The value appears to be declining and may need further review. It has decreased from 367.00 Cr. (Mar 2025) to 357.00 Cr., marking a decrease of 10.00 Cr..
For CWIP, as of Sep 2025, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 36.00 Cr. (Mar 2025) to 29.00 Cr., marking a decrease of 7.00 Cr..
For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Other Assets, as of Sep 2025, the value is 773.00 Cr.. The value appears to be declining and may need further review. It has decreased from 840.00 Cr. (Mar 2025) to 773.00 Cr., marking a decrease of 67.00 Cr..
For Total Assets, as of Sep 2025, the value is 1,159.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,244.00 Cr. (Mar 2025) to 1,159.00 Cr., marking a decrease of 85.00 Cr..

Notably, the Reserves (552.00 Cr.) exceed the Borrowings (28.00 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

Month	Dec 2013	Dec 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	131	99	9	168	182	57	65	294	89	112	135	131
Cash from Investing Activity +	-121	116	-133	-12	-22	-36	-96	87	-50	91	-34	-17
Cash from Financing Activity +	-21	-27	-31	-37	-37	-39	-45	-223	-236	-241	-130	-43
Net Cash Flow	-11	188	-155	120	123	-18	-76	158	-197	-38	-29	71

Free Cash Flow

Month	Dec 2013	Dec 2014	Mar 2016n n 15m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	139.00	156.00	196.00	200.00	202.00	164.00	121.00	203.00	155.00	197.00	164.00	88.00

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

Month	Dec 2013	Dec 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	39	26	34	38	46	46	46	55	38	40	38	40
Inventory Days	32	41	42	65	57	46	46	41	63	48	60	54
Days Payable	94	82	65	101	128	94	82	126	101	80	85	88
Cash Conversion Cycle	-23	-15	10	2	-25	-2	10	-29	-1	8	14	6
Working Capital Days	-28	-25	8	-0	-11	0	9	-18	-6	1	4	2
ROCE %	37%	34%	34%	30%	27%	19%	13%	21%	18%	25%	22%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%	74.00%
FIIs	1.02%	0.93%	0.74%	0.73%	0.75%	0.74%	0.73%	0.70%	0.59%	0.59%	0.41%	0.34%
DIIs	7.32%	7.63%	8.06%	8.06%	8.05%	8.05%	8.05%	8.15%	8.08%	8.06%	8.03%	8.01%
Public	17.64%	17.44%	17.20%	17.21%	17.21%	17.21%	17.22%	17.16%	17.32%	17.35%	17.56%	17.65%
No. of Shareholders	46,520	45,595	45,174	45,001	45,049	45,150	44,118	44,028	44,050	43,902	43,023	41,949

Shareholding Pattern Chart

No. of Shareholders

Goodyear India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Small Cap Fund	1,256,330	0.27	100.27	N/A	N/A	N/A
HDFC Equity Savings Fund	100,000	0.14	7.98	N/A	N/A	N/A
HDFC Retirement Savings Fund - Hybrid Equity	80,000	0.37	6.38	N/A	N/A	N/A
HDFC Hybrid Debt Fund	66,000	0.16	5.27	N/A	N/A	N/A
HDFC Retirement Savings Fund - Hybrid Debt	4,000	0.2	0.32	N/A	N/A	N/A

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	23.90	41.12	53.26	44.61	59.07
Diluted EPS (Rs.)	23.90	41.12	53.26	44.61	59.07
Cash EPS (Rs.)	47.62	65.08	76.66	67.43	81.93
Book Value[Excl.RevalReserv]/Share (Rs.)	260.18	250.86	261.42	309.85	363.92
Book Value[Incl.RevalReserv]/Share (Rs.)	261.36	252.04	262.60	309.85	363.92
Dividend / Share (Rs.)	23.90	41.00	26.50	100.00	178.00
Revenue From Operations / Share (Rs.)	1130.49	1106.07	1268.97	1055.78	776.64
PBDIT / Share (Rs.)	58.13	81.30	96.77	84.63	103.75
PBIT / Share (Rs.)	34.40	57.33	73.36	61.80	80.88
PBT / Share (Rs.)	32.37	55.50	71.69	60.01	79.40
Net Profit / Share (Rs.)	23.89	41.11	53.26	44.60	59.06
PBDIT Margin (%)	5.14	7.35	7.62	8.01	13.35
PBIT Margin (%)	3.04	5.18	5.78	5.85	10.41
PBT Margin (%)	2.86	5.01	5.64	5.68	10.22
Net Profit Margin (%)	2.11	3.71	4.19	4.22	7.60
Return on Networth / Equity (%)	9.18	16.38	20.37	14.39	16.22
Return on Capital Employeed (%)	12.05	21.49	26.38	18.94	21.27
Return On Assets (%)	4.43	8.04	9.74	7.53	9.79
Asset Turnover Ratio (%)	2.15	2.09	2.23	1.77	1.33
Current Ratio (X)	1.35	1.27	1.28	1.57	1.99
Quick Ratio (X)	0.86	0.73	0.81	1.08	1.73
Inventory Turnover Ratio (X)	8.83	3.26	3.98	4.84	4.50
Dividend Payout Ratio (NP) (%)	62.77	127.67	187.75	219.70	157.43
Dividend Payout Ratio (CP) (%)	31.49	80.65	130.43	145.31	113.49
Earning Retention Ratio (%)	37.23	-27.67	-87.75	-119.70	-57.43
Cash Earning Retention Ratio (%)	68.51	19.35	-30.43	-45.31	-13.49
Interest Coverage Ratio (X)	28.66	44.24	57.68	47.39	69.98
Interest Coverage Ratio (Post Tax) (X)	12.78	23.37	32.75	25.97	40.84
Enterprise Value (Cr.)	1684.79	2418.88	2301.32	1657.52	1460.02
EV / Net Operating Revenue (X)	0.64	0.94	0.78	0.68	0.81
EV / EBITDA (X)	12.56	12.90	10.31	8.49	6.10
MarketCap / Net Operating Revenue (X)	0.72	0.99	0.84	0.84	1.15
Retention Ratios (%)	37.22	-27.67	-87.75	-119.70	-57.43
Price / BV (X)	3.13	4.39	4.09	2.86	2.45
Price / Net Operating Revenue (X)	0.72	0.99	0.84	0.84	1.15
EarningsYield	0.02	0.03	0.04	0.05	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 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 23.90. This value is within the healthy range. It has decreased from 41.12 (Mar 24) to 23.90, marking a decrease of 17.22.
For Diluted EPS (Rs.), as of Mar 25, the value is 23.90. This value is within the healthy range. It has decreased from 41.12 (Mar 24) to 23.90, marking a decrease of 17.22.
For Cash EPS (Rs.), as of Mar 25, the value is 47.62. This value is within the healthy range. It has decreased from 65.08 (Mar 24) to 47.62, marking a decrease of 17.46.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 260.18. It has increased from 250.86 (Mar 24) to 260.18, marking an increase of 9.32.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 261.36. It has increased from 252.04 (Mar 24) to 261.36, marking an increase of 9.32.
For Dividend / Share (Rs.), as of Mar 25, the value is 23.90. This value exceeds the healthy maximum of 3. It has decreased from 41.00 (Mar 24) to 23.90, marking a decrease of 17.10.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,130.49. It has increased from 1,106.07 (Mar 24) to 1,130.49, marking an increase of 24.42.
For PBDIT / Share (Rs.), as of Mar 25, the value is 58.13. This value is within the healthy range. It has decreased from 81.30 (Mar 24) to 58.13, marking a decrease of 23.17.
For PBIT / Share (Rs.), as of Mar 25, the value is 34.40. This value is within the healthy range. It has decreased from 57.33 (Mar 24) to 34.40, marking a decrease of 22.93.
For PBT / Share (Rs.), as of Mar 25, the value is 32.37. This value is within the healthy range. It has decreased from 55.50 (Mar 24) to 32.37, marking a decrease of 23.13.
For Net Profit / Share (Rs.), as of Mar 25, the value is 23.89. This value is within the healthy range. It has decreased from 41.11 (Mar 24) to 23.89, marking a decrease of 17.22.
For PBDIT Margin (%), as of Mar 25, the value is 5.14. This value is below the healthy minimum of 10. It has decreased from 7.35 (Mar 24) to 5.14, marking a decrease of 2.21.
For PBIT Margin (%), as of Mar 25, the value is 3.04. This value is below the healthy minimum of 10. It has decreased from 5.18 (Mar 24) to 3.04, marking a decrease of 2.14.
For PBT Margin (%), as of Mar 25, the value is 2.86. This value is below the healthy minimum of 10. It has decreased from 5.01 (Mar 24) to 2.86, marking a decrease of 2.15.
For Net Profit Margin (%), as of Mar 25, the value is 2.11. This value is below the healthy minimum of 5. It has decreased from 3.71 (Mar 24) to 2.11, marking a decrease of 1.60.
For Return on Networth / Equity (%), as of Mar 25, the value is 9.18. This value is below the healthy minimum of 15. It has decreased from 16.38 (Mar 24) to 9.18, marking a decrease of 7.20.
For Return on Capital Employeed (%), as of Mar 25, the value is 12.05. This value is within the healthy range. It has decreased from 21.49 (Mar 24) to 12.05, marking a decrease of 9.44.
For Return On Assets (%), as of Mar 25, the value is 4.43. This value is below the healthy minimum of 5. It has decreased from 8.04 (Mar 24) to 4.43, marking a decrease of 3.61.
For Asset Turnover Ratio (%), as of Mar 25, the value is 2.15. It has increased from 2.09 (Mar 24) to 2.15, marking an increase of 0.06.
For Current Ratio (X), as of Mar 25, the value is 1.35. This value is below the healthy minimum of 1.5. It has increased from 1.27 (Mar 24) to 1.35, marking an increase of 0.08.
For Quick Ratio (X), as of Mar 25, the value is 0.86. This value is below the healthy minimum of 1. It has increased from 0.73 (Mar 24) to 0.86, marking an increase of 0.13.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.83. This value exceeds the healthy maximum of 8. It has increased from 3.26 (Mar 24) to 8.83, marking an increase of 5.57.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 62.77. This value exceeds the healthy maximum of 50. It has decreased from 127.67 (Mar 24) to 62.77, marking a decrease of 64.90.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 31.49. This value is within the healthy range. It has decreased from 80.65 (Mar 24) to 31.49, marking a decrease of 49.16.
For Earning Retention Ratio (%), as of Mar 25, the value is 37.23. This value is below the healthy minimum of 40. It has increased from -27.67 (Mar 24) to 37.23, marking an increase of 64.90.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 68.51. This value is within the healthy range. It has increased from 19.35 (Mar 24) to 68.51, marking an increase of 49.16.
For Interest Coverage Ratio (X), as of Mar 25, the value is 28.66. This value is within the healthy range. It has decreased from 44.24 (Mar 24) to 28.66, marking a decrease of 15.58.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 12.78. This value is within the healthy range. It has decreased from 23.37 (Mar 24) to 12.78, marking a decrease of 10.59.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,684.79. It has decreased from 2,418.88 (Mar 24) to 1,684.79, marking a decrease of 734.09.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.64. This value is below the healthy minimum of 1. It has decreased from 0.94 (Mar 24) to 0.64, marking a decrease of 0.30.
For EV / EBITDA (X), as of Mar 25, the value is 12.56. This value is within the healthy range. It has decreased from 12.90 (Mar 24) to 12.56, marking a decrease of 0.34.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 0.99 (Mar 24) to 0.72, marking a decrease of 0.27.
For Retention Ratios (%), as of Mar 25, the value is 37.22. This value is within the healthy range. It has increased from -27.67 (Mar 24) to 37.22, marking an increase of 64.89.
For Price / BV (X), as of Mar 25, the value is 3.13. This value exceeds the healthy maximum of 3. It has decreased from 4.39 (Mar 24) to 3.13, marking a decrease of 1.26.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 0.99 (Mar 24) to 0.72, marking a decrease of 0.27.
For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 24) to 0.02, 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 Goodyear India Ltd as of March 25, 2026 is: ₹550.30

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 March 25, 2026, Goodyear India Ltd is Overvalued by 22.05% compared to the current share price ₹706.00

Intrinsic Value of Goodyear India Ltd as of March 25, 2026 is: ₹488.46

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 March 25, 2026, Goodyear India Ltd is Overvalued by 30.81% compared to the current share price ₹706.00

Last 5 Year EPS CAGR: -11.24%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 24.42%, which is a positive sign. The stock has a low average Working Capital Days of -5.33, which is a positive sign. The stock has a low average Cash Conversion Cycle of -3.75, which is a positive sign. The company has higher reserves (649.69 cr) compared to borrowings (9.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.38 cr) and profit (147.38 cr) over the years.

Strength

Weakness

The stock has a high average ROCE of 24.42%, which is a positive sign.
The stock has a low average Working Capital Days of -5.33, which is a positive sign.
The stock has a low average Cash Conversion Cycle of -3.75, which is a positive sign.
The company has higher reserves (649.69 cr) compared to borrowings (9.23 cr), indicating strong financial stability.
The company has shown consistent growth in sales (1.38 cr) and profit (147.38 cr) over the years.

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:
1. Net Profit Margin: 2.11%
  - 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: 12.05% (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%: 9.18% (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): 12.78
  - 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: 0.86
  - 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: 28.7 (Industry average Stock P/E: 28.52)
  - 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
  - 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

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. 2608.05 Cr. and Equity Capital is Rs. 23.07 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Tyres & Tubes	Mathura Road, Ballabgarh, Faridabad Dist. Haryana 121004	Contact not found

Management
Name	Position Held
Mr. Arvind Bhandari	Chairman & Managing Director
Mr. Sandeep Garg	WholeTime Director & CFO
Ms. Varsha Chaudhary	Whole Time Director
Mr. Rajiv Lochan Jain	Independent Director
Ms. Uma Ratnam Krishnan	Independent Director
Mr. Sumit Dutta Chowdhury	Independent Director

FAQ

What is the intrinsic value of Goodyear India Ltd?

Goodyear India Ltd's intrinsic value (as of 25 March 2026) is ₹488.46 which is 30.81% lower the current market price of ₹706.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,628 Cr. market cap, FY2025-2026 high/low of ₹1,071/695, reserves of ₹552 Cr, and liabilities of ₹1,159 Cr.

What is the Market Cap of Goodyear India Ltd?

The Market Cap of Goodyear India Ltd is 1,628 Cr..

What is the current Stock Price of Goodyear India Ltd as on 25 March 2026?

The current stock price of Goodyear India Ltd as on 25 March 2026 is ₹706.

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 ₹1,071/695.

What is the Stock P/E of Goodyear India Ltd?

The Stock P/E of Goodyear India Ltd is 28.7.

What is the Book Value of Goodyear India Ltd?

The Book Value of Goodyear India Ltd is 249.

What is the Dividend Yield of Goodyear India Ltd?

The Dividend Yield of Goodyear India Ltd is 3.39 %.

What is the ROCE of Goodyear India Ltd?

The ROCE of Goodyear India Ltd is 13.0 %.

What is the ROE of Goodyear India Ltd?

The ROE of Goodyear India Ltd is 9.31 %.

What is the Face Value of Goodyear India Ltd?

The Face Value of Goodyear India Ltd is 10.0.