Goodyear India
- Market cap
- ₹ 1,548 Cr.
- P/E
- 25.6x
- P/B
- 2.57x
- 52-week range
- 650 – 876
- ROE
- 13%
- ROCE
- 17%
- Dividend yield
- 3.9%
- Debt / equity
- 0.04
- Sector
- Auto Components
- Industry
- Tyres & Rubber Products
- Listed on
- NSE, BSE
About
Goodyear India Limited is an India-based tire manufacturer. The Company is engaged in the business of sales of automotive tires, tubes and flaps with a manufacturing facility at Ballabgarh, Haryana, India. The Company manufactures and sells automotive tires, such as farm tires and commercial truck tires. The Company sells tires of its own brand, Goodyear. The Company also markets and sells passenger car tires, which are manufactured by Goodyear South Asia Tyres Private Limited (GSATPL), Aurangabad. It offers Goodyear Assurance Comforttred, Goodyear Assurance Maxguard, Goodyear Assurance TripleMax 2 Tyre, Goodyear Efficientgrip Performance SUV Tyre, Goodyear Assurance Duraplus Tyre, Goodyear Wrangler TripleMax Tyre and others. It manufactures its products in approximately 57 facilities in 23 countries around the world.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tyres & Rubber Products: 20 companies →Goodyear India 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)25.6 against a typical 21.4: pricier than most peers (1st = cheapest).12th of 20
- Sales growth+18% against a typical +21.4% from a year earlier.10th of 16
- Profit growth−53.9% against a typical −12.9% from a year earlier.11th of 15
- Share price, 3 months−17.2% against a typical −7.3%.16th of 20
- Size₹ 1,547.5 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).7th of 20
Financials
Standalone 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 | 690 | 591 | 551 | 691 | 682 | 632 | 603 | 656 | 596 | 607 | 616 | 774 |
| Expenses | 629 | 552 | 545 | 647 | 651 | 608 | 585 | 628 | 570 | 563 | 575 | 764 |
| Operating Profit | 61 | 40 | 5 | 44 | 31 | 24 | 17 | 28 | 27 | 44 | 41 | 10 |
| OPM % | 8.9% | 6.7% | 1% | 6.4% | 4.6% | 3.8% | 2.9% | 4.3% | 4.5% | 7.3% | 6.7% | 1.3% |
| Other Income | 4 | 5 | 4 | 4 | 5 | 5 | 4 | 5 | 5 | 3 | −15 | 14 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 3 |
| Depreciation | 14 | 14 | 14 | 14 | 14 | 14 | 13 | 13 | 13 | 12 | 12 | 13 |
| Profit before tax | 51 | 30 | −5 | 33 | 21 | 13 | 7 | 19 | 18 | 33 | 13 | 9 |
| Tax % | 25.2% | 27.4% | −21.8% | 25.2% | 25.6% | 28.6% | 28.5% | 25.6% | 25.4% | 26.2% | 27.3% | 25.2% |
| Net Profit | 38 | 22 | −4 | 25 | 16 | 9 | 5 | 14 | 13 | 25 | 10 | 7 |
| EPS in Rs | 16.45 | 9.48 | −1.83 | 10.85 | 6.82 | 4.11 | 2.11 | 6.12 | 5.67 | 10.68 | 4.2 | 2.82 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 4%
- 5 Years
- 7%
- 3 Years
- −5%
- TTM
- 1%
- 10 Years
- −4%
- 5 Years
- −11%
- 3 Years
- −15%
- TTM
- 39%
- 10 Years
- 4%
- 5 Years
- −6%
- 3 Years
- −18%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 14%
- 3 Years
- 13%
- 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.
| Goodyear India | ₹ 682.00 | ₹ 1,548 Cr. | 25.6x | 2.6x | 13% | — |
| Balkrishna Industries | ₹ 2,125.00 | ₹ 41,080 Cr. | 32.1x | 3.6x | 11.7% | 11.5% |
| MRF | ₹ 1,18,300.00 | ₹ 50,213 Cr. | 22.3x | 2.6x | 12.3% | 7.8% |
| Apollo Tyres | ₹ 384.40 | ₹ 24,342 Cr. | 13.3x | 1.6x | 8.7% | 4.8% |
| CEAT | ₹ 3,070.90 | ₹ 12,448 Cr. | 19.2x | 2.9x | — | 3.6% |
| JK Tyre & Industries | ₹ 309.60 | ₹ 8,925 Cr. | 13x | 1.9x | — | — |
Management
- Arvind Bhandari
- Chairman of the Board, Managing Director
- Sandeep Garg
- Whole Time Director, Chief Financial Officer
- Anup Karnwal
- Company Secretary, Compliance Officer
- Rohitashv Sharma
- Whole Time Director (Additional Director)
Prices are delayed and for information only. Nothing on this page is investment advice.