Apollo Tyres Ltd Analyst Rating
based on 26 analysts
65.38%
Buy
23.08%
Hold
11.54%
Sell
Based on 26 analysts offering long term price targets for Apollo Tyres Ltd. An average target of ₹538.08
Source: S&P Global Market Intelligence
Apollo Tyres Ltd Share analysis
Apollo Tyres Ltd price forecast by 26 analysts
Upside of10.66%
High
₹635
Target
₹538.08
Low
₹390
Apollo Tyres Ltd target price ₹538.08, a slight upside of 10.66% compared to current price of ₹481.3. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Apollo Tyres Ltd revenue growth forecast
Expected growth rate Q1, FY2026:14.15%
Forecast
Actual
Including amortisation and stock based compensations
Apollo Tyres Ltd EPS growth forecast
EPS estimate Q1, FY2026:21.62%
Forecast
Actual
Source: S&P Global Market Intelligence
Apollo Tyres Ltd Performance
Day's Low
Day's High
₹477.15₹486.2552 Week's Low
52 Week's High
₹413.95₹584.9
| Returns % | |
| 1 Month Return | -4.71 % |
| 3 Month Return | -3.95 % |
| 1 Year Return | + 14.52 % |
| Market Stats | |
| Previous Close | ₹486.25 |
| Open | ₹479.00 |
| Volume | 8.78L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹30,881.78Cr |
Apollo Tyres Ltd Key Statistics
| P/E Ratio | 21.29 |
| PEG Ratio | -10.97 |
| Market Cap | ₹30,881.78 Cr |
| P/B Ratio | 2.84 |
| EPS | 27.11 |
| Dividend Yield | 1.29 |
| Sector | Tyres |
| ROE | 11.52 |
Apollo Tyres Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹30,881.78 Cr | 38.78% | 0.64 | ₹1,721 Cr | ₹25,377 Cr | |
| BUY | ₹11,451.42 Cr | 39.69% | 0.66 | ₹635 Cr | ₹11,943 Cr | |
| NA | ₹196.69 Cr | 55.08% | 0.73 | NA | NA | |
| BUY | ₹10,411.39 Cr | 92.16% | 0.72 | ₹811 Cr | ₹15,001 Cr | |
| NA | ₹728.27 Cr | -4.6% | 0.00 | ₹26 Cr | ₹227 Cr |
Apollo Tyres Ltd Mutual Fund Holdings
About Apollo Tyres Ltd
Apollo Tyres Ltd manufactures and sells a wide range of tyres for cars, light trucks, SUVs, buses, vans, and trucks. The company's product range includes tyres for passenger cars, light trucks, SUVs, buses, vans, and trucks. The company also manufactures and sells tubes and flaps.
The company's popular brands include Apollo, Vredestein, Regal, and Kaizen. Apollo is the company's flagship brand and is known for its superior performance and quality. Vredestein is a premium brand that offers superior performance and comfort. Regal is a value brand that offers great value for money. Kaizen is a budget brand that offers great value for money.
Share Price: ₹481.30 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹30,881.78Cr as of today
Revenue: ₹6,437.03Cr as on September 2024 (Q3 24)
Net Profit: ₹297.46Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Onkar S Kanwar
| Organisation | Apollo Tyres Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for Apollo Tyres Ltd
Apollo Tyres Reports Mixed Financial Results for Q3 2024 - 20 Nov, 2024
Apollo Tyres reported a 1.25% increase in net sales to Rs 4,461.74 crore for September 2024, but net profit fell 52.13% to Rs 164.78 crore. EBITDA also declined by 35.53%. The EPS decreased to Rs 2.59 from Rs 5.42 a year ago. Shares closed at Rs 472.05, with negative returns over the last 6 months.
Apollo Tyres Faces Raw Material Cost Increases - 16 Nov, 2024
Apollo Tyres reported an 8% sequential increase in raw material costs for Q2, with a projected 1% rise for Q3. Management anticipates costs to decrease thereafter, addressing a 6% under recovery from the previous year.
Apollo Tyres Reports Mixed Q2 Results, Shares Rise - 14 Nov, 2024
Apollo Tyres reported a 37% decline in Q2FY25 profit to Rs 297 crore, attributed to weak demand. Despite this, shares rose nearly 5% as results met expectations. UBS maintains a buy rating with a target price of Rs 605, highlighting mixed performance across segments.
Apollo Tyres Reports Significant Profit Decline in Q2 - 13 Nov, 2024
Apollo Tyres' consolidated net profit fell 37% to Rs 297 crore in Q2 2024, missing estimates due to weak domestic demand and rising costs. Revenue increased slightly to Rs 6,437 crore. The company plans to raise up to Rs 1,000 crore through non-convertible debentures. Shares closed down 3.19% at Rs 456.35.
Apollo Tyres Faces GST Demand with Penalty - 05 Nov, 2024
Apollo Tyres Ltd. received a GST demand order imposing a penalty of ₹ 31.57 lacs due to ITC disallowance. The company plans to appeal, stating no material impact on its operations.
Apollo Tyres Empowers Transgender Community with Training - 25 Oct, 2024
Apollo Tyres has inaugurated a skill training center in Hyderabad for transgender individuals, offering jute bag-making skills and stipends to enhance employability and self-sufficiency.
Insights on Apollo Tyres Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 14.46% to 14.54% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, APOLLOTYRE stock has moved up by 2.3%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 6.33K Cr → 6.45K Cr (in ₹), with an average increase of 1.0% per quarter
NO EFFECTAgainst Peers
In the last 1 year, CEAT Ltd has given 33.6% return, outperforming this stock by 19.1%
- NO EFFECT
Against Peers
In the last 3 years, CEAT Ltd has given 139.0% return, outperforming this stock by 15.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 37.36% of holdings in Sep 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 19.23% to 18.68% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 21.48% to 20.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 496.63 Cr → 297.46 Cr (in ₹), with an average decrease of 15.0% per quarter
Apollo Tyres Ltd Financials
Index Inclusions
Apollo Tyres Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 37.36% | 0.00 | |
| Foreign Institutions | 14.54% | 0.62 | |
| Mutual Funds | 18.68% | ||
| Retail Investors | 20.96% | ||
| Others | 8.46% | 13.23 |
Apollo Tyres Ltd Key Indicators
Apollo Tyres Ltd Valuation
Apollo Tyres Ltd in the last 5 years
Lowest (-760.19x)
December 17, 2020
Today (21.29x)
November 19, 2024
Industry (27.46x)
November 19, 2024
Highest (69.82x)
March 4, 2021
Apollo Tyres Ltd Earnings and Dividends
Apollo Tyres Ltd Earnings Results
Apollo Tyres Ltd’s net profit fell -37.28% since last year same period to ₹297.46Cr in the Q2 2024-2025. On a quarterly growth basis, Apollo Tyres Ltd has generated -1.5% fall in its net profits since last 3-months.
Read More about Earnings ResultsApollo Tyres Ltd Dividends May,2024
In the quarter ending March 2024, Apollo Tyres Ltd has declared dividend of ₹6 - translating a dividend yield of 1.23%.
Read More about Dividends
Apollo Tyres Ltd Technicals Summary
Bearish
Neutral
Bullish
Apollo Tyres Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Apollo Tyres Ltd
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Apollo Tyres Ltd (APOLLOTYRE) share price today is ₹481.3
Apollo Tyres Ltd is listed on NSE
Apollo Tyres Ltd is listed on BSE
- Today’s highest price of Apollo Tyres Ltd is ₹486.25.
- Today’s lowest price of Apollo Tyres Ltd is ₹477.15.
PE Ratio of Apollo Tyres Ltd is 21.29
PE ratio = Apollo Tyres Ltd Market price per share / Apollo Tyres Ltd Earnings per share
Today’s traded volume of Apollo Tyres Ltd(APOLLOTYRE) is 8.78L.
Today’s market capitalisation of Apollo Tyres Ltd(APOLLOTYRE) is ₹30881.78Cr.
| Apollo Tyres Ltd(APOLLOTYRE | Price |
|---|---|
52 Week High | ₹584.9 |
52 Week Low | ₹413.95 |
Apollo Tyres Ltd(APOLLOTYRE) share price is ₹481.3. It is down -17.71% from its 52 Week High price of ₹584.9
Apollo Tyres Ltd(APOLLOTYRE) share price is ₹481.3. It is up 16.27% from its 52 Week Low price of ₹413.95
| Apollo Tyres Ltd(APOLLOTYRE | Returns |
|---|---|
1 Day Returns | -4.95% |
1 Month Returns | -4.71% |
3 Month Returns | -3.95% |
1 Year Returns | 14.52% |