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Apollo Tyres Ltd

(APOLLOTYRE)

₹531.950.37%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Apollo Tyres Ltd Analyst Rating

based on 26 analysts

BUY

69.23%

Buy

19.23%

Hold

11.54%

Sell

Based on 26 analysts offering long term price targets for Apollo Tyres Ltd. An average target of ₹541.19

Source: S&P Global Market Intelligence

Apollo Tyres Ltd Share analysis

Apollo Tyres Ltd price forecast by 26 analysts

Upside of2.11%

High

₹635

Target

₹541.19

Low

₹390

Apollo Tyres Ltd target price ₹541.19, a slight upside of 2.11% compared to current price of ₹531.95. According to 26 analysts rating.

Source: S&P Global Market Intelligence

Apollo Tyres Ltd Performance

  • Day's Low

    Day's High

    ₹526.15
    Day's Price Range
    ₹536
  • 52 Week's Low

    52 Week's High

    ₹419.25
    52-Week Price Range
    ₹584.9
1 Month Return+ 10.12 %
3 Month Return+ 1.91 %
1 Year Return+ 23.18 %
Previous Close₹530.00
Open₹527.00
Volume26.69L
Upper Circuit-
Lower Circuit-
Market Cap₹33,707.98Cr

Apollo Tyres Ltd Key Statistics

P/E Ratio23.2
PEG Ratio-11.96
Market Cap₹33,707.98 Cr
P/B Ratio2.84
EPS27.11
Dividend Yield1.29
SectorTyres
ROE11.52

Apollo Tyres Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹33,707.98 Cr44.79%0.64₹1,721 Cr₹25,377 Cr
NA₹852.17 Cr-2.29%0.00₹26 Cr₹227 Cr
NA₹210.18 Cr111.38%0.73NANA
BUY₹10,940.25 Cr89.27%0.72₹811 Cr₹15,001 Cr
BUY₹12,503.93 Cr42.63%0.66₹635 Cr₹11,943 Cr

About Apollo Tyres Ltd

Apollo Tyres Ltd is a leading multinational tyre manufacturer founded in 1972 and headquartered in India. The company has operations in more than 100 countries across six continents. Apollo Tyres is one of the world's leading tyre manufacturers and has a wide range of products and brands.

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: ₹531.95 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹33,707.98Cr 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
OrganisationApollo Tyres Ltd
Headquarters
IndustryTyres
E-voting on sharesClick here to vote

Key events for Apollo Tyres Ltd

  • Apollo Tyres Advances Sustainability Initiatives - 15 Dec, 2024

    Apollo Tyres is exploring sustainable materials to reduce costs and environmental impact, aiming for 40% of materials from renewable or recycled sources by 2030. The company collaborates with research institutions and Tyromer to incorporate recycled rubber, addressing volatility in natural rubber prices and domestic shortages. This strategy aligns with broader sustainability goals and enhances resilience against raw material price fluctuations.
  • Apollo Tyres Launches Innovative Radial Tyres at Expo - 12 Dec, 2024

    At Bauma Conexpo 2024, Apollo Tyres introduced India's first steel-belted radial tyre for backhoe loaders and durable all-steel radials for defence vehicles, showcasing significant advancements in tyre technology.
  • Apollo Tyres Promotes Biodiversity Through Quiz Event - 11 Dec, 2024

    Apollo Tyres Limited has been promoting nature awareness by organizing a national quiz competition focused on biodiversity and mangrove conservation since 2018, engaging junior colleges across several states.
  • Apollo Tyres Reports Growth and Safety Recognition - 10 Dec, 2024

    Apollo Tyres experienced a slight decline in stock price but reported significant revenue and profit growth for March 2024. The company also received the British Safety Council’s ‘Sword of Honour’ for health and safety excellence.
  • Apollo Tyres Wins Safety Excellence Award - 09 Dec, 2024

    Apollo Tyres has been awarded the British Safety Council's Sword of Honour for its exemplary health and safety practices at its Andhra Pradesh plant, highlighting the company's commitment to worker well-being and safety across all locations.
  • Apollo Tyres Ltd Sees Positive Gains Today - 26 Nov, 2024

    Apollo Tyres Ltd shares rose 2.38% to Rs 515.8, marking a 22.05% increase over the past year. The stock has gained 6.04% in the last month, outperforming the Nifty Auto index. Despite a slight decline in benchmark indices, Apollo Tyres continues its upward trend for the third consecutive session.
  • Apollo Tyres Seeks Government Subsidy for R&D - 25 Nov, 2024

    Apollo Tyres is sourcing raw materials globally for high-performance tyres produced in Chennai. The company is looking for government subsidies to support new investments in research and development.
  • 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.

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.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 14.46% to 14.54% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 6.33K Cr → 6.45K Cr (in ₹), with an average increase of 1.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, CEAT Ltd has given 187.3% return, outperforming this stock by 24.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, CEAT Ltd has given 26.7% return, outperforming this stock by 10.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 37.36% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 21.48% to 20.96% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 496.63 Cr → 297.46 Cr (in ₹), with an average decrease of 15.0% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 19.23% to 18.68% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, APOLLOTYRE stock has moved down by -1.9%

Apollo Tyres Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹6,279.57Cr (-)₹6,595.37Cr (↑5.03%)₹6,258.20Cr (↓5.11%)₹6,334.85Cr (↑1.22%)₹6,437.03Cr (↑1.61%)
Net Income₹474.25Cr (-)₹496.63Cr (↑4.72%)₹354.08Cr (↓28.70%)₹302.00Cr (↓14.71%)₹297.46Cr (↓1.50%)
Net Profit Margin7.55% (-)7.53% (↓0.26%)5.66% (↓24.83%)4.77% (↓15.72%)4.62% (↓3.14%)
Value in ₹ crore
Details2021202220232024
Total Assets₹19,813.24Cr (-)₹21,309.81Cr (↑7.55%)₹20,897.54Cr (↓1.93%)₹20,618.85Cr (↓1.33%)
Total Liabilities₹10,340.68Cr (-)₹11,791.34Cr (↑14.03%)₹11,297.22Cr (↓4.19%)₹10,179.43Cr (↓9.89%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,895.37Cr (-)₹1,493.69Cr (↓21.19%)₹1,615.23Cr (↑8.14%)₹1,533.62Cr (↓5.05%)₹2,085.38Cr (↑35.98%)

Index Inclusions

Nifty Midcap 100

₹56,906.75

-2.82 (-1649.5%)

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

S&P BSE SmallCap Select

₹8,057.22

-2.18 (-179.75%)

Nifty Auto

₹22,580.00

-2.13 (-490.9%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

BSE Auto

₹51,148.84

-2.25 (-1177.81%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

Apollo Tyres Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
37.36%
0.00
Foreign Institutions
14.54%
0.62
Mutual Funds
18.68%
-2.89
Retail Investors
20.96%
-2.43
Others
8.46%
13.23

Apollo Tyres Ltd Key Indicators

Details20202021202220232024
Return On Equity %6.648.432.755.4411.52
Details20202021202220232024
Return On Assets %2.81.77358.35
Details20202021202220232024
Book Value Per Share (₹)173.53180.13184.99198218.85
Details20202021202220232024
Earning Per Share (₹)8.335.5110.0616.4727.11

Apollo Tyres Ltd Valuation

Apollo Tyres Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-760.19x)

December 17, 2020

Today (23.20x)

December 19, 2024

Industry (29.39x)

December 19, 2024

Highest (69.82x)

March 4, 2021

LowHigh

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 Results
  • Apollo Tyres Ltd Dividends May,2024

    In the quarter ending March 2024, Apollo Tyres Ltd has declared dividend of ₹6 - translating a dividend yield of 1.13%.

    Read More about Dividends

Apollo Tyres Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Apollo Tyres Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Apollo Tyres Ltd (APOLLOTYRE) share price today is ₹531.95

Apollo Tyres Ltd is listed on NSE

Apollo Tyres Ltd is listed on BSE

  • Today’s highest price of Apollo Tyres Ltd is ₹536.
  • Today’s lowest price of Apollo Tyres Ltd is ₹526.15.

PE Ratio of Apollo Tyres Ltd is 23.2

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 26.69L.

Today’s market capitalisation of Apollo Tyres Ltd(APOLLOTYRE) is ₹33707.98Cr.

Apollo Tyres Ltd(APOLLOTYREPrice
52 Week High
₹584.9
52 Week Low
₹419.25

Apollo Tyres Ltd(APOLLOTYRE) share price is ₹531.95. It is down -9.05% from its 52 Week High price of ₹584.9

Apollo Tyres Ltd(APOLLOTYRE) share price is ₹531.95. It is up 26.88% from its 52 Week Low price of ₹419.25

Apollo Tyres Ltd(APOLLOTYREReturns
1 Day Returns
1.95%
1 Month Returns
10.12%
3 Month Returns
1.91%
1 Year Returns
23.18%