Apollo Tyres Ltd.

NSE: APOLLOTYRE · Automobile and Auto Components

₹415.95-0.69%06 Nov 2026

Ask the data

Instant answers about Apollo Tyres Ltd. — computed from its filings, no language model

Market cap₹26,417 cr

Current price₹415.95

High / Low₹537 / ₹372

P/E15.2

P/B1.50

Book value₹276.4

ROE9.9%

ROCE9.7%

Debt / equity0.25

Dividend yield2.04%

EPS (TTM)₹27.44

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	15,095	17,549	16,327	17,397	20,948	24,568	25,378	26,123	28,471
EBITDA	1,651	1,959	1,916	2,797	2,574	3,314	4,447	3,572	4,143
Operating margin	10.9%	11.2%	11.7%	16.1%	12.3%	13.5%	17.5%	13.7%	14.6%
Interest	163	181	281	443	444	531	506	447	392
Depreciation	593	813	1,138	1,315	1,400	1,419	1,478	1,498	1,543
Profit before tax	1,012	888	543	561	848	1,427	2,540	1,546	1,309
Tax	288	208	67	211	209	323	818	425	-63
Net profit	724	0	0	0	639	1,105	1,722	1,121	1,372
EPS ₹	13.43	11.88	8.33	5.68	10.06	17.39	27.11	17.66	21.66
Operating cash flow	—	—	—	—	2,239	2,134	3,440	1,823	3,667
Capex	—	—	—	—	1,846	775	730	769	1,403
Dividend paid	—	—	—	—	222	206	286	381	539
Total assets	20,153	20,203	23,250	26,035	26,705	27,359	26,957	27,306	29,240
Equity	9,777	10,040	9,930	11,443	11,752	12,878	13,902	14,766	16,715

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	4,031	4,257	4,718	4,274	4,331	3,986	4,400	3,610	2,873	4,283	5,154	5,026	4,584	5,077	5,707	5,578	5,942	5,956	6,423	6,247	6,245	6,280	6,595	6,258	6,335	6,437	6,928	6,424	6,561	6,831	7,743	7,336	7,398	7,968
Operating profit	515	467	527	425	475	432	534	475	237	695	989	815	567	638	743	626	690	712	913	998	1,051	1,160	1,208	1,028	909	878	947	837	868	1,021	1,186	1,069	868	855
Operating margin	12.8%	11.0%	11.2%	9.9%	11.0%	10.8%	12.1%	13.2%	8.3%	16.2%	19.2%	16.2%	12.4%	12.6%	13.0%	11.2%	11.6%	12.0%	14.2%	16.0%	16.8%	18.5%	18.3%	16.4%	14.4%	13.6%	13.7%	13.0%	13.2%	14.9%	15.3%	14.6%	11.7%	10.7%
Other income	44	12	33	49	27	4	18	-2	27	38	64	62	40	29	17	37	11	7	7	17	36	25	18	74	31	22	8	28	19	30	50	35	58	42
Interest	48	46	49	43	58	64	67	91	117	117	105	104	105	104	108	128	118	132	142	139	135	133	123	115	107	120	111	109	101	101	100	90	91	94
Depreciation	177	196	201	231	267	274	283	314	309	331	327	348	340	340	344	375	344	349	354	372	362	360	368	388	370	376	376	377	378	383	385	397	391	381
Profit before tax	334	197	251	98	177	98	201	68	-162	280	615	423	161	219	307	160	238	238	424	526	576	680	721	563	423	399	464	260	38	386	723	161	468	396
Tax	84	51	53	14	35	15	27	-10	-28	80	171	136	34	45	83	47	48	44	132	99	179	206	224	209	121	101	127	75	25	128	253	-469	119	104
Net profit	250	0	0	0	0	0	0	0	0	0	0	0	128	0	0	113	191	0	0	427	0	474	497	354	302	297	337	185	13	258	471	631	349	292
EPS ₹	4.37	2.55	3.46	1.47	2.48	1.45	3.04	1.36	-2.26	3.31	7.01	4.52	2.01	2.74	3.52	1.79	3.00	3.06	4.60	6.73	6.25	7.47	7.82	5.58	4.76	4.68	5.31	2.91	0.20	4.07	7.43	9.97	5.52	4.62
Revenue YoY	—	—	—	6.0%	—	-6.4%	-6.8%	-15.5%	-33.7%	7.4%	17.1%	39.2%	59.5%	18.6%	10.7%	11.0%	29.6%	17.3%	12.5%	12.0%	5.1%	5.4%	2.7%	0.2%	1.4%	2.5%	5.0%	2.6%	3.6%	6.1%	11.8%	14.2%	12.8%	16.6%
Profit YoY	—	—	—	-100.0%	—	—	—	—	—	—	—	—	—	—	—	—	49.2%	—	—	276.7%	-100.0%	—	—	-17.2%	—	-37.3%	-32.1%	-47.9%	-95.7%	-13.2%	39.5%	241.8%	2608.6%	13.3%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Apollo Tyres Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	4,072	5,037	5,491	8,158	8,508	8,712	8,938	8,682	9,663
Operating profit	326	784	534	666	898	1,094	1,315	1,561	1,327
Operating margin	8.0%	15.6%	9.7%	8.2%	10.6%	12.6%	14.7%	18.0%	13.7%
Other income	10	11	26	18	57	79	38	54	138
Interest	67	74	149	241	261	245	172	88	92
Depreciation	98	123	147	186	220	248	247	269	288
Profit before tax	171	598	264	258	475	614	934	1,257	1,086
Tax	63	183	65	76	162	172	289	405	283
Net profit	108	415	198	181	313	443	645	852	803

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	844	974	1,001	1,076	982	903	1,111	1,180	1,220	1,323	1,313	1,121	1,176	1,432	1,762	1,961	1,845	2,093	2,259	2,152	2,283	2,036	2,036	2,165	2,107	2,228	2,212	2,307	2,250	2,122	2,260	2,137	2,247	2,143	2,155	2,266	2,303	2,447	2,648	2,563	2,422	2,635
Operating profit	108	131	124	110	51	53	113	194	200	205	185	117	121	149	146	157	125	168	217	222	226	205	246	254	268	307	265	288	326	325	376	404	400	382	375	397	331	322	277	193	226	332
Operating margin	12.8%	13.4%	12.4%	10.2%	5.2%	5.8%	10.1%	16.5%	16.4%	15.5%	14.1%	10.4%	10.3%	10.4%	8.3%	8.0%	6.8%	8.0%	9.6%	10.3%	9.9%	10.1%	12.1%	11.7%	12.7%	13.8%	12.0%	12.5%	14.5%	15.3%	16.6%	18.9%	17.8%	17.8%	17.4%	17.5%	14.4%	13.2%	10.5%	7.5%	9.3%	12.6%
Other income	3	0	0	1	0	1	8	1	1	0	9	1	6	3	17	1	1	0	16	5	8	19	25	8	16	42	13	22	15	15	-14	18	10	4	21	25	43	24	47	16	77	77
Interest	14	13	10	14	16	18	19	20	13	21	20	26	36	43	44	53	52	61	75	62	69	67	63	63	61	63	56	51	46	45	30	24	21	20	24	24	24	23	21	30	35	34
Depreciation	20	23	24	23	23	24	27	31	33	29	29	34	38	37	39	42	44	47	52	55	55	55	56	59	61	65	63	61	68	60	59	60	68	69	72	63	64	68	93	84	87	89
Profit before tax	78	96	89	74	12	11	74	143	156	155	144	58	53	72	81	63	29	60	106	110	110	103	152	139	161	166	148	198	228	235	273	338	322	296	302	335	286	255	209	95	182	285
Tax	26	33	30	25	4	6	28	49	54	53	28	17	16	18	14	18	7	17	33	35	35	29	64	46	52	56	18	59	67	73	90	111	104	99	91	99	81	70	33	28	54	81
Net profit	51	62	59	49	8	6	46	95	102	102	116	41	37	54	66	44	22	43	72	75	75	74	88	94	109	110	130	139	162	162	182	227	217	197	211	236	205	185	176	67	128	204
EPS ₹	1.10	1.31	1.23	0.97	0.15	0.11	0.92	1.88	2.03	2.02	2.30	0.81	0.74	1.07	1.31	0.88	0.44	0.84	1.43	1.49	1.49	1.46	1.75	1.86	2.16	2.19	2.57	2.76	3.19	3.19	3.59	4.46	4.27	3.88	4.14	4.64	4.02	3.64	3.46	1.32	2.51	3.60
Revenue YoY	—	—	—	—	16.3%	-7.3%	10.9%	9.7%	24.3%	46.5%	18.2%	-5.0%	-3.7%	8.2%	34.2%	74.9%	56.9%	46.2%	28.2%	9.8%	23.7%	-2.7%	-9.9%	0.6%	-7.7%	9.4%	8.7%	6.6%	6.8%	-4.8%	2.1%	-7.3%	-0.1%	1.0%	-4.6%	6.0%	2.5%	14.2%	22.8%	13.1%	5.2%	7.7%
Profit YoY	—	—	—	—	-84.8%	-91.1%	-22.1%	94.7%	1210.8%	1751.7%	151.5%	-57.1%	-63.4%	-47.0%	-43.0%	9.4%	-40.9%	-21.3%	9.2%	69.4%	240.7%	73.4%	22.1%	24.3%	45.1%	49.4%	46.9%	48.6%	48.2%	46.8%	40.7%	63.3%	34.5%	21.8%	15.5%	4.0%	-5.9%	-6.0%	-16.3%	-71.6%	-37.6%	10.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.1%	1.1%	1.1%	2.1%	2.6%	2.7%	2.7%	4.8%	3.3%	6.9%	10.8%	9.5%	11.7%	10.1%	9.0%	7.6%	5.6%	5.1%	6.0%	8.2%	10.2%	9.9%
ROCE	6.2%	5.7%	5.5%	5.0%	3.3%	4.7%	7.5%	9.0%	10.7%	10.3%	8.6%	7.2%	7.7%	8.1%	9.0%	10.6%	12.5%	15.5%	17.1%	17.1%	16.1%	14.1%	12.7%	11.0%	8.8%	8.3%	9.6%	8.8%	11.0%	9.7%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.7%	0.6%	0.6%	1.2%	1.4%	1.3%	1.3%	2.5%	1.7%	3.6%	5.5%	5.2%	6.4%	5.7%	5.0%	4.3%	3.2%	3.0%	3.4%	4.8%	5.8%	5.7%
EBITDA margin	10.8%	10.7%	11.0%	11.7%	11.3%	12.8%	15.1%	15.8%	16.1%	15.2%	13.5%	12.3%	12.1%	12.0%	12.3%	13.5%	14.8%	16.4%	17.4%	17.5%	16.9%	15.7%	14.5%	13.7%	13.4%	13.7%	14.2%	14.6%	14.1%	13.1%
Debt / equity	0.47	0.47	0.47	0.66	0.66	0.66	0.66	0.56	0.56	0.56	0.56	0.52	0.52	0.56	0.56	0.43	0.43	0.37	0.37	0.28	0.28	0.27	0.27	0.23	0.23	0.22	0.22	0.16	0.16	0.25
Interest coverage	4.68	3.91	3.46	2.94	1.60	1.98	2.86	3.61	4.44	4.40	3.64	2.91	3.02	2.94	3.04	3.69	4.22	5.02	5.72	6.02	6.00	5.53	5.09	4.46	3.64	3.72	4.42	4.34	5.55	5.65
Asset turnover	0.87	0.86	0.84	0.70	0.64	0.65	0.68	0.67	0.73	0.76	0.78	0.78	0.84	0.90	0.93	0.90	0.91	0.95	0.96	0.94	0.94	0.93	0.94	0.96	0.96	0.92	0.95	0.97	1.00	0.95

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 16 periods

	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	51	51	57	57	57	64	64	64	64	64	64	64	64	64	64	64
Other equity / reserves	6,554	7,239	9,719	9,983	9,873	11,380	11,689	11,230	12,814	12,919	13,839	14,245	14,702	15,469	16,652	17,490
Total equity	6,605	7,290	9,777	10,040	9,930	11,443	11,752	11,293	12,878	12,982	13,902	14,309	14,766	15,533	16,715	17,553
Borrowings	1,389	3,245	4,446	4,721	6,580	6,406	6,118	6,294	5,588	4,769	3,942	3,861	3,377	3,453	2,632	4,316
Current liabilities	3,447	4,457	4,962	4,374	5,713	6,724	7,454	7,478	8,010	7,503	7,044	8,008	7,360	8,349	8,084	10,077
Non-current liabilities	1,602	3,549	5,415	5,789	7,607	7,868	7,499	7,003	6,471	5,907	6,011	5,188	5,180	5,127	4,441	4,577
Total assets	11,654	15,296	20,153	20,203	23,250	26,035	26,705	25,775	27,359	26,392	26,957	27,505	27,306	29,009	29,240	32,208
Property, plant & equipment	—	6,038	9,529	10,884	13,473	14,524	15,807	15,117	16,685	15,306	15,141	14,859	14,576	14,831	14,547	14,134
Capital work-in-progress	969	2,872	2,268	1,526	1,642	1,107	618	474	199	322	283	421	325	647	918	2,324
Investments	—	—	—	—	—	—	—	61	436	190	532	43	45	52	62	57
Inventories	1,939	2,646	2,945	3,484	3,207	3,319	4,155	4,671	4,428	4,211	4,246	5,146	5,131	5,403	5,452	6,115
Receivables	1,084	1,128	1,435	1,314	940	1,381	1,610	1,781	2,489	2,412	2,665	2,887	3,062	3,282	3,191	3,909
Cash & equivalents	590	331	593	555	739	971	871	766	836	724	912	864	886	876	1,029	973

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 10 periods

	FY16‡	FY17‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	2,122	902	1,071	2,517	2,447	2,239	2,134	3,440	1,823	3,667
Cash from investing	-2,283	-2,942	-996	-2,796	-2,344	-1,181	-476	-711	-202	-1,341
Cash from financing	-255	1,895	-62	472	152	-1,175	-1,692	-2,659	-1,647	-2,177
Capex	1,621	3,319	2,293	2,836	1,190	1,846	775	730	769	1,403
Free cash flow	501	-2,417	-1,222	-319	1,257	393	1,360	2,709	1,055	2,264
Dividends paid	—	—	—	—	—	222	206	286	381	539

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹14,134 cr44%

CWIP

₹2,324 cr7%

Investments

₹57 cr0%

Inventories

₹6,115 cr19%

Receivables

₹3,909 cr12%

Cash & equivalents

₹973 cr3%

Other assets

₹4,696 cr15%

Peer comparison

largest in Automobile and Auto Components · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Maruti Suzuki India Ltd.	4,00,860	12,750.00	29.8	3.68	12.3%
Mahindra & Mahindra Ltd.	3,67,588	3,287.20	19.0	3.75	19.8%
Bajaj Auto Ltd.	2,99,543	10,900.00	22.9	8.18	35.7%
TVS Motor Company Ltd.	2,13,401	4,491.70	55.8	18.81	33.7%
Eicher Motors Ltd.	2,10,528	7,669.50	36.5	8.39	23.0%
Hyundai Motor India Ltd.	1,73,071	2,130.00	51.8	8.49	16.4%
Samvardhana Motherson International Ltd.	1,67,340	158.55	35.4	3.69	10.4%
Bosch Ltd.	1,49,565	50,700.00	56.5	19.51	34.6%
Hero MotoCorp Ltd.	1,10,343	5,513.00	18.4	4.71	25.6%
Tata Motors Passenger Vehicles Ltd.	1,07,602	292.00	1.4	0.96	70.7%
Apollo Tyres Ltd.	26,417	415.95	15.2	1.50	9.9%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+2.0%

6 months+1.4%

1 year-17.7%

3Y CAGR+1.9%

5Y CAGR+12.7%

10Y CAGR+8.0%

50-day avg₹409.11

200-day avg₹428.92

RSI (14)54

Compare Apollo Tyres Ltd. with

Exide Industries vs Apollo Tyres Craftsman Automation vs Apollo Tyres Sansera Engineering vs Apollo Tyres Apollo Tyres vs Asahi India Glass Apollo Tyres vs Gabriel India Apollo Tyres vs Motherson Sumi Wiring India Apollo Tyres vs Force Motors

FAQs

What is the share price of Apollo Tyres Ltd.?

Apollo Tyres Ltd. (APOLLOTYRE) closed at ₹415.95 on NSE on 06 Nov 2026.

What is the market cap of Apollo Tyres Ltd.?

₹26,417 crore at the latest close.

What is the P/E ratio of Apollo Tyres Ltd.?

15.2, on trailing-twelve-month earnings from its filings.

How fast is Apollo Tyres Ltd. growing?

Apollo Tyres Ltd.: revenue has compounded at 5.0% a year over three years; net profit at 7.5% a year. Latest-quarter revenue is up 16.6% year on year, profit up 13.3%.

How profitable is Apollo Tyres Ltd.?

On a trailing-twelve-month basis return on equity is 9.9%, return on capital employed 9.7%, operating margin 13.1%, net margin 5.7%.

How much debt does Apollo Tyres Ltd. have?

Apollo Tyres Ltd. is lightly geared: debt to equity is 0.25 with borrowings of ₹4,316 cr against cash of ₹973 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.7 times.

Financials parsed from Apollo Tyres Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '16. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.