Apollo Tyres
- Market cap
- ₹ 24,342 Cr.
- P/E
- 11.4x
- P/B
- 1.51x
- 52-week range
- 365.3 – 540.5
- ROE
- 13%
- ROCE
- 14%
- Dividend yield
- 1.5%
- Debt / equity
- 0.22
- Sector
- Auto Components
- Industry
- Tyres & Rubber Products
- Listed on
- NSE, BSE
About
Apollo Tyres Limited is engaged in the manufacturing and sale of automotive tyres. The Company operates through the automobile tyres, automobile tubes and automobile flaps segment. Its geographical segments include Asia Pacific, Middle East, and Africa (APMEA), Europe and Others. It caters to specific consumer segments through its brands, Apollo and Vredestein. The Apollo brand is available across various categories, including commercial, passenger vehicles, two-wheelers, farm, and industrial. The Vredestein brand products include car tyres, tyres for agricultural and industrial applications and bicycle tyres. The Company's product portfolio includes the entire range of passenger car, light truck, passenger vehicle, truck and bus, and two-wheeler. Its operations are in India and comprises five tyre manufacturing plants, two located in Cochin and one each at Vadodara, Chennai, and Andhra Pradesh. The Company's subsidiaries include Apollo Tyres (NL) B.V., Apollo Tyres AG, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tyres & Rubber Products: 20 companies →Apollo Tyres against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.4 against a typical 21.1: cheaper than most peers (1st = cheapest).3rd of 20
- Sales growth+12.8% against a typical +21.4% from a year earlier.11th of 16
- Profit growth+2,584.6% against a typical −12.9% from a year earlier.1st of 15
- Share price, 3 months−8.5% against a typical −8%.11th of 20
- Size₹ 24,341.8 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).3rd of 20
Latest announcements
Exchange filings and their impact on the company.
- Apollo Tyres CFO Gaurav Kumar resigned effective October 6, 2026 with no successor named yet.
Apollo Tyres informed the exchanges that Chief Financial Officer Gaurav Kumar has resigned with effect from close of business on October 6, 2026 to pursue new personal and professional challenges outside the organization. The company said he confirmed there was no other material reason for the resignation. No successor has been announced in this filing.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Withdrawn | Stable | 14 Aug 2026 |
| India Ratings | Withdrawn | Stable | 27 Feb 2026 |
Every agency has withdrawn its rating.
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Aug 2026 | Withdrawn | was Crisil AA+ | — | CRISIL | ₹ 6,265.4 Cr. | |
| 27 Feb 2026 | Withdrawn | was IND AA+ | — | India Ratings | ₹ 1,120 Cr. | |
| 24 Dec 2025 | Withdrawn | was Crisil AA+ | — | CRISIL | ₹ 6,370.4 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 14 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 4 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and Interim dividend for FY26. |
| 13 Nov 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended September 30, 2025 and Fund Raising |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and to recommend dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,280 | 6,595 | 6,258 | 6,335 | 6,437 | 6,928 | 6,424 | 6,561 | 6,831 | 7,743 | 7,336 | 7,398 |
| Expenses | 5,120 | 5,387 | 5,230 | 5,426 | 5,559 | 5,981 | 5,586 | 5,693 | 5,810 | 6,557 | 6,267 | 6,530 |
| Operating Profit | 1,160 | 1,208 | 1,028 | 909 | 878 | 947 | 837 | 868 | 1,021 | 1,186 | 1,069 | 868 |
| OPM % | 18% | 18% | 16% | 14% | 14% | 14% | 13% | 13% | 15% | 15% | 15% | 12% |
| Other Income | 13 | 3 | 38 | −10 | 17 | 4 | −91 | −351 | −150 | 23 | −421 | 82 |
| Interest | 133 | 123 | 115 | 107 | 120 | 111 | 109 | 101 | 101 | 100 | 90 | 91 |
| Depreciation | 360 | 368 | 388 | 370 | 376 | 376 | 377 | 378 | 383 | 385 | 397 | 391 |
| Profit before tax | 680 | 721 | 563 | 423 | 399 | 465 | 260 | 38 | 386 | 723 | 162 | 468 |
| Tax % | 30% | 31% | 37% | 29% | 25% | 27% | 29% | 66% | 33% | 35% | −290% | 25% |
| Net Profit | 474 | 497 | 354 | 302 | 297 | 337 | 185 | 13 | 258 | 471 | 631 | 349 |
| EPS in Rs | 7.47 | 7.82 | 5.58 | 4.76 | 4.68 | 5.31 | 2.91 | 0.2 | 4.06 | 7.41 | 9.93 | 5.49 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 10%
- 3 Years
- 5%
- TTM
- 11%
- 10 Years
- 7%
- 5 Years
- 24%
- 3 Years
- 26%
- TTM
- 73%
- 10 Years
- 10%
- 5 Years
- 15%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 10%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Apollo Tyres | ₹ 388.00 | ₹ 24,342 Cr. | 11.4x | 1.5x | 13% | — |
| MRF | ₹ 1,18,300.00 | ₹ 50,213 Cr. | 22.3x | 2.6x | 12.3% | 7.8% |
| Balkrishna Industries | ₹ 2,118.80 | ₹ 40,960 Cr. | 32.1x | 3.6x | 11.7% | 11.5% |
| CEAT | ₹ 3,070.90 | ₹ 12,448 Cr. | 19.2x | 2.9x | — | 3.6% |
| JK Tyre & Industries | ₹ 309.60 | ₹ 8,925 Cr. | 13x | 1.9x | — | — |
| TVS Srichakra | ₹ 4,096.00 | ₹ 3,122 Cr. | 45.3x | 2.7x | 6% | 2% |
Management
- Neeraj Singh Kanwar
- Executive Vice Chairman of the Board, Managing Director
- Gaurav Kumar
- Chief Financial Officer, Whole-Time Director
- Mahalakshmi Ramaswami
- Chief Human Resources Officer
- Daniele Lorenzetti
- Chief Technology Officer
- Seema Thapar
- Compliance Officer, Company Secretary
- Sunam Sarkar
- Non-Executive Non-Independent Director, Chief Business Officer - Apollo Tyres Holdings (Singapore) Pte Ltd
- Parmeshwaran Iyer
- Chief Supply Chain Officer
- Benoit Rivallant
- Chief Commercial Officer
Prices are delayed and for information only. Nothing on this page is investment advice.