APOLLOTYREAutomobile and Auto Components

Apollo Tyres Limited

Tyres & Rubber Products · ISIN INE438A01022 · BSE 500877 · NSE EQ · FV ₹1
Last price
₹412
+0.05%today
What this company does

Apollo Tyres Limited operates in Tyres & Rubber Products, part of the Automobile and Auto Components sector. It booked ₹7,398 cr of revenue in its latest quarter (Q1 FY27) and kept 4.7% of sales as profit. It is the 3rd largest of 8 Tyres & Rubber Products companies we track, by market value.

Management Discussion and Analysis STATUTORY REPORTS 37 FINANCIAL STATEMENTS India The fiscal saw the continued push of bettering the product mix, aimed at catering to evolving customer preferences and positioning the Vredestein brand as a premium and luxury choice for consumers. Significant investments were made in brand building, network expansion and enhancing the overall customer experience.
In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 9–48 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
38

At close. Not part of the score.

Profitability & returns17

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality96

Whether reported profit actually arrives as cash

Growth & consistency32

Whether sales and profit have grown, and how steadily

Valuation88

What today's price implies, against our models or its peers

Governance & risk83

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 13% vs last year
Profit up 2,609% vs last year
Turns profit into real cash
Watch-outs
! Thin 4.7% net margin
! 0.0% of promoter stake pledged

What if I invest in APOLLOTYRE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹412 +0.05%
latest close · 2026-09-17
1-year return
+97.3%
52-wk low ₹16552-wk high ₹467
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.7Average
LowAverageHigh
P/B ratio1.57Moderate
Below bookModerateHigh
EV / EBITDA7.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.3%Fair
WeakFairStrong ▸15%
Return on capital10.6%Fair
WeakFairStrong
Net margin4.7%Thin
ThinDecentStrong
EBITDA margin12.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.16Comfortable
LowModerateHigh ▸1
Interest cover6.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.32Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹26,176 cr
Book value
₹263
EPS
₹5.52
latest quarter
Net debt
₹1,602 cr
owes more than its cash
Enterprise value
₹27,778 cr
EBITDA
₹3,799 cr
annualised
EBIT
₹2,236 cr
annualised
Operating margin
7.6%
Return on assets
4.8%
Earnings yield
5.36%
P/S
0.88
Sales / share
₹465.9
Tax rate
25.4%
Face value
₹1
Shares
63.5 cr
Working capital
₹2,615 cr
Current assets
₹10,698 cr
Current liabilities
₹8,084 cr
Delivery %
45.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹276 vs market price ₹412 — price is 49% above it
Safety cushion-49.3%(target ≥ +20%)
Models span ₹178₹375, midpoint ₹276
Model ₹276
Price ₹412
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹7,398 cr
Other Income₹58 cr
Total Income₹7,456 cr
Cost of Materials₹4,090 cr
Purchases of Stock-in-Trade₹552 cr
Inventory Change (±)₹-419 cr
Employee Benefit Expense₹963 cr
Finance Costs₹91 cr
Depreciation & Amortisation₹391 cr
Other Expenses₹1,345 cr
Total Expenses₹7,012 cr
Exceptional Items₹24 cr
Profit before Tax₹468 cr
Tax Expense₹119 cr
Share of JV / Associates₹6.2 L
Net Profit₹349 cr
Net margin on total income4.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹4,222 cr56.4%
Employee benefit expense₹963 cr12.9%
Finance costs₹91 cr1.2%
Depreciation & amortisation₹391 cr5.2%
Other expenses₹1,345 cr18.0%
Tax expense₹119 cr1.6%
Profit for the period₹349 cr4.7%
Total income ₹7,456 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue7,743 cr7,336 cr7,398 cr
Total income7,793 cr7,371 cr7,456 cr
Expenses7,043 cr6,753 cr7,012 cr
Profit before tax723 cr161 cr468 cr
Tax253 cr-469 cr119 cr
Net profit (owners' share)471 cr631 cr349 cr
Net margin (owners' share, on revenue)6.1%8.6%4.7%
EPS (₹)7.439.975.52
YoY (latest quarter): total income +13.3% · net profit +2,609.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹29,240 cr
Shareholder equity
₹16,715 cr
parent shareholders
Total debt
₹2,632 cr
Cash
₹1,029 cr
Cash flow · H1 FY26
Operating
₹1,315 cr
Investing
₹-565 cr
Financing
₹-762 cr
Peer comparison
Tyres & Rubber Products · by market value
CompanyPriceMarket capP/E
MRF Limited₹1,24,585₹52,824 cr26.7
Balkrishna Industries Limited₹2,171₹41,962 cr23.3
Apollo Tyres Limitedthis company₹412₹26,176 cr18.7
CEAT Limited₹3,431₹13,724 cr801.7
JK Tyre & Industries Limited₹349₹10,049 cr56.2
TVS Srichakra Limited₹4,886₹3,743 cr27.5
Tolins Tyres Limited₹88₹349 cr14.0
Modi Rubber Limited₹124₹310 cr18.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.46%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹2.5
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹2.5 / share10 Jul 2026
Dividend₹3.5 / share10 Feb 2026
Dividend₹5 / share11 Jul 2025
Dividend₹6 / share5 Jul 2024
Dividend₹4 / share14 Jul 2023
Dividend₹0.5 / share14 Jul 2023
Who owns it · 2026-06-30
0.0% pledged
Promoter
36.9%
FII / Foreign
10.1%
DII / Domestic
29.0%
Retail / others
23.6%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSunrays Properties & Investment Co. Pvt. Ltd.sUNRAYS P · Promoter Group6.45 L · ₹14.2 cr14 Sep 21
SoldSunrays Properties & Investment Co. Pvt. Ltd.sUNRAYS P · Promoter Group3.25 L · ₹7.0 cr13 Sep 21
SoldSunrays Properties & Investment Co. Pvt. Ltd.sUNRAYS P · Promoter Group1.00 L · ₹2.2 cr9 Sep 21
Bulk / block deals
short · NSE210 Sep 26
short · NSE463 Sep 26
BoughtSBI LIFE INSURANCE COMPANY LIMITED · NSE56.32 L @ ₹43527 Aug 26
Stake changes
SoldCatalyst Trusteeship Ltd→ 0.00% · 6.31 cr26 Aug 26
BoughtCatalyst Trusteeship Limited→ 9.93% · 6.31 cr1 Dec 25
SoldCatalyst Trusteeship Limited→ 0.00% · 6.31 cr17 Nov 25
Promoter pledges
InvokedNuvama Wealth Finance Ltd24,000 · 0.00% held30 Jul 26
PledgedGangabase Barte Pvt Ltd1.27 L · 0.23% held17 May 25
ReleasedAxis Finance Ltd1.28 L · 0.24% held13 May 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 16 Jan 2026
See the official result
1
Private Placement of Non-Convertible Debentures
Backed by 100% of shareholders other than promotersneeded 75%
30.01 cr votes for, 11,112 against · 0% of mutual funds and other big investors said no
2
APPOINTMENT OF MR. RAJENDRA CHITALE (DIN: 00015986) AS AN INDEPENDENT DIRECTOR
Backed by 100% of shareholders other than promotersneeded 75%
29.97 cr votes for, 3.60 L against · 0% of mutual funds and other big investors said no
3
APPOINTMENT OF MR. TAPAN MITRA (DIN: 08445248) AS AN INDEPENDENT DIRECTOR
Backed by 97% of shareholders other than promotersneeded 75%
28.97 cr votes for, 1.04 cr against · 4% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 21 named members
owning 36.9% between them · as of 2026-06-30
SUNRAYS PROPERTIES AND INVESTMENT CO. PVT. LTD.31.85%
CLASSIC INDUSTRIES AND EXPORTS LIMITED2.94%
PTL ENTERPRISES1.69%
SHALINI KANWAR CHAND0.31%
NEERAJ KANWAR0.11%
ONKAR KANWAR0.02%
RK ETERNANOVA LTD0.01%
APOLLO GREEN ENERGY LIMITEDno shares
Business done with them
FY2026 · 8 of the group
The company paid ₹716 cr to companies in the promoter group last year — about 2.5% of its ₹28,471 cr revenue and received ₹47 cr back from them.
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Bought goods from them · Disclosure of related party
also owns 2.94% of the company
₹510 cr
company paid
Mr. Neeraj Kanwar
Other payments to them · Disclosure of related party
also owns 0.11% of the company
₹78 cr
company paid
PTL ENTERPRISES LIMITED
Leases As Lessee · Disclosure of related party
also owns 1.69% of the company
₹61 cr
company received
PTL ENTERPRISES LIMITED
Other payments to them · Disclosure of related party
also owns 1.69% of the company
₹61 cr
company paid
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Bought property or assets from them · Disclosure of related party
also owns 2.94% of the company
₹46 cr
company paid
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Sold goods to them · Disclosure of related party
also owns 2.94% of the company
₹39 cr
company received
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Other payments to them · Disclosure of related party
also owns 2.94% of the company
₹15 cr
company paid
Apollo Green Energy Limited
Sold goods to them · Disclosure of related party
₹4 cr
company received
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Other income from them · Disclosure of related party
also owns 2.94% of the company
₹4 cr
company received
ARTEMIS MEDICARE SERVICES LIMITED
Paid them for services · Disclosure of related party
₹3 cr
company paid
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Paid them for services · Disclosure of related party
also owns 2.94% of the company
₹2 cr
company paid
Mr. Onkar Kanwar
Other payments to them · Disclosure of related party
also owns 0.02% of the company
₹76.1 L
company paid
Landmark Farms And Housing Private Limited
Leases As Lessee · Disclosure of related party
₹75 L
company received
ARTEMIS MEDICARE SERVICES LIMITED
Other payments to them · Disclosure of related party
₹32.7 L
company paid
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Leases As Lessor · Disclosure of related party
also owns 2.94% of the company
₹13.7 L
company received
PTL ENTERPRISES LIMITED
Other income from them · Disclosure of related party
also owns 1.69% of the company
₹8.5 L
company received
ARTEMIS MEDICARE SERVICES LIMITED
Other income from them · Disclosure of related party
₹6 L
company received
PTL ENTERPRISES LIMITED
Leases As Lessor · Disclosure of related party
also owns 1.69% of the company
₹4.4 L
company received
ARTEMIS MEDICARE SERVICES LIMITED
Leases As Lessor · Disclosure of related party
₹1.6 L
company received
CLASSIC INDUSTRIES AND EXPORTS LIMITED
Leases As Lessee · Disclosure of related party
also owns 2.94% of the company
₹1.3 L
company received
Indian Institute of Translational Research Private Limited
Leases As Lessor · Disclosure of related party
₹0.2 L
company received
Apollo Green Energy Limited
Other income from them · Disclosure of related party
₹0.1 L
company received

The company also transacted with 30 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.