Goodyear India Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Goodyear India Ltd?

Goodyear India Ltd is trading at 785.00 as of 25 April 2026, with a FY2026-2027 high of 1,071 and low of 660. The stock is currently in the middle of its 52-week range. Market cap stands at 1,810 Cr..

Q: Is Goodyear India Ltd financially healthy?

Key indicators: ROCE of 13.0 % is moderate. Dividend yield is 3.05 %.

Q: Is Goodyear India Ltd profitable and how is the profit trend?

Goodyear India Ltd reported a net profit of 55 Cr in Mar 2025 on revenue of 2,608 Cr. Compared to 103 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹609.65Overvalued by 22.34%vs CMP ₹785.00

P/E (31.9) × ROE (9.3%) × BV (₹249.00) × DY (3.05%)

₹543.43Overvalued by 30.77%vs CMP ₹785.00

MoS: -44.5% (Negative)Confidence: 61/100 (Moderate)Models: 2 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹541.14	20%	Over (-31.1%)
Graham Number	Earnings	₹371.09	14%	Over (-52.7%)
Earnings Power	Earnings	₹323.98	12%	Over (-58.7%)
DCF	Cash Flow	₹231.65	12%	Over (-70.5%)
Net Asset Value	Assets	₹249.38	6%	Over (-68.2%)
EV/EBITDA	Enterprise	₹584.63	8%	Over (-25.5%)
Dividend Discount	Dividends	₹1,815.60	8%	Under (+131.3%)
Earnings Yield	Earnings	₹245.80	6%	Over (-68.7%)
ROCE Capital	Returns	₹463.55	8%	Over (-40.9%)
Revenue Multiple	Revenue	₹1,131.09	5%	Under (+44.1%)
Consensus (10 models)		₹543.43	100%	Overvalued

Key Drivers: Wide model spread (₹232–₹1,816) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -11.2%

*Investments are subject to market risks

Analyst Summary

Goodyear India Ltd operates in the Tyres & Tubes segment, NSE: GOODYEAR | BSE: 500168, current market price is ₹785.00, market cap is 1,810 Cr.. At a glance, stock P/E is 31.9, ROE is 9.31 %, ROCE is 13.0 %, book value is 249, dividend yield is 3.05 %. The latest intrinsic value estimate is ₹543.43, around 30.8% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹2,608 Cr versus the prior period change of 2.2%, while latest net profit is about ₹55 Cr with a prior-period change of -42.1%. The 52-week range shown on this page is 1,071/660, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisGoodyear 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 L25111…

This summary is generated from the stock page data available for Goodyear India Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Goodyear India Ltd scores 61/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health76/100 · Strong

ROCE 13.0% GoodROE 9.3% AverageD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 74.0% Stable

Earnings Quality60/100 · Moderate

OPM stable around 6% SteadyWorking capital: 2 days (improving) Efficient

Quarterly Momentum58/100 · Moderate

Revenue (4Q): -4% YoY FlatProfit (4Q): +24% YoY Positive

Industry Rank45/100 · Moderate

P/E 31.9 vs industry 30.6 In-lineROCE 13.0% vs industry 12.4% Average3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:37 am

Market Cap	1,810 Cr.
Current Price	785
Intrinsic Value	₹532.24
High / Low	1,071/660
Stock P/E	31.9
Book Value	249
Dividend Yield	3.05 %
ROCE	13.0 %
ROE	9.31 %
Face Value	10.0
PEG Ratio	-2.84

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	1,810 Cr.	785	1,071/660	31.9	249	3.05 %	13.0 %	9.31 %	10.0
TVS Srichakra Ltd	2,920 Cr.	3,812	4,788/2,761	62.3	1,508	0.44 %	5.36 %	2.35 %	10.0
JK Tyre & Industries Ltd	11,454 Cr.	397	612/302	15.7	182	0.76 %	12.8 %	11.1 %	2.00
CEAT Ltd	14,061 Cr.	3,476	4,438/2,984	22.6	1,130	0.86 %	15.4 %	11.8 %	10.0
Apollo Tyres Ltd	26,919 Cr.	424	540/392	18.4	245	1.18 %	11.4 %	8.61 %	1.00
Industry Average	16,697.50 Cr	1,853.17		30.62	642.33	1.17%	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

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

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	84	51	-34	129	132	-16	4	250	16	1	80	107
CFO/OP	125%	100%	41%	120%	128%	67%	75%	159%	75%	75%	102%	128%

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	0.15	4.96	N/A	N/A	N/A
HDFC Retirement Savings Fund - Hybrid Debt	4,000	0.19	0.3	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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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 and is it undervalued?

As of 25 April 2026, Goodyear India Ltd's intrinsic value is ₹543.43, which is 30.77% lower than the current market price of ₹785.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.31 %), book value (₹249), dividend yield (3.05 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Goodyear India Ltd?

Goodyear India Ltd is trading at ₹785.00 as of 25 April 2026, with a FY2026-2027 high of ₹1,071 and low of ₹660. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,810 Cr..

How does Goodyear India Ltd's P/E ratio compare to its industry?

Goodyear India Ltd has a P/E ratio of 31.9, which is above the industry average of 30.62. The premium over industry average may reflect growth expectations or speculative interest.

Is Goodyear India Ltd financially healthy?

Key indicators for Goodyear India Ltd: ROCE of 13.0 % is moderate. Dividend yield is 3.05 %.

Is Goodyear India Ltd profitable and how is the profit trend?

Goodyear India Ltd reported a net profit of ₹55 Cr in Mar 2025 on revenue of ₹2,608 Cr. Compared to ₹103 Cr in Mar 2022, the net profit shows a declining trend.

Does Goodyear India Ltd pay dividends?

Goodyear India Ltd has a dividend yield of 3.05 % at the current price of ₹785.00. This is a relatively attractive yield for income-seeking investors.