Apollo Tyres Ltd.

NSE: APOLLOTYRE BSE: 500877 SECTOR: Tyres & Allied  154k   1k   219

311.25
+4.20 (1.37%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 313.5

Today's Low

₹ 305.55

52 Week High

₹ 343

52 Week Low

₹ 167.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

19767.52 Cr.

Enterprise Value

23628.38 Cr.

No. of Shares

63.51 Cr.

P/E

52.43

P/B

2.05

Face Value

₹ 1

Div. Yield

1.05 %

Book Value (TTM)

₹  151.55

CASH

525.43 Cr.

DEBT

4386.29 Cr.

Promoter Holding

37.34 %

EPS (TTM)

₹  5.94

Sales Growth

24.85%

ROE

2.75 %

ROCE

5.31%

Profit Growth

-63.88 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Apollo Tyres Ltd.

VREDESTEIN Kaizen Regal Alnac 4G APTERRA ENDUMAXX LT ASPIRE DUNLOP

Index Presence

The company is present in 22 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year24.85%
3 Year5.85%
5 Year10.4%

Profit Growth

1 Year-63.88%
3 Year-23.89%
5 Year-20.12%

ROE%

1 Year2.75%
3 Year5.94%
5 Year7.13%

ROCE %

1 Year5.31%
3 Year7.87%
5 Year8.98%

Debt/Equity

0.461

Price to Cash Flow

12.02

Interest Cover Ratio

1.90776525456665

CFO/PAT (5 Yr. Avg.)

2.42304745538059

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 37.34 1.07
Sep 2022 37.34 3.05
Jun 2022 37.34 3.05
Mar 2022 37.34 3.05
Dec 2021 37.34 2.8
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of -8.0001656570341 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.42304745538059.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.07824241683235.

 Limitations

  • The company has shown a poor profit growth of -23.8888223266395% for the Past 3 years.
  • The company has shown a poor revenue growth of 5.84577816343075% for the Past 3 years.
  • Company has a poor ROE of 5.93747488649106% over the past 3 years.
  • The company is trading at a high PE of 52.43.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 3791.7 3988.05 4436.23 4251.94 4246.62
Total Expenditure 3446.69 3612 4007.42 3814.55 3698.29
Operating Profit 345.01 376.05 428.81 437.39 548.33
Other Income 19.02 38.3 28.85 19.19 9.9
Interest 95.1 108.1 105.79 120.58 122.57
Depreciation 202.67 233.77 215.52 222.52 226.87
Exceptional Items 0 0 0 0 0
Profit Before Tax 66.27 72.48 136.35 113.49 208.79
Tax 17.08 18.18 32.01 32.69 71.23
Profit After Tax 49.19 54.3 104.34 80.8 137.56
Adjusted EPS (Rs) 0.77 0.85 1.64 1.27 2.17

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 10302.03 12353.77 11068.32 11733.4 14649.4
Total Expenditure 9050.25 10870.98 9665.39 9695.89 13214.82
Operating Profit 1251.78 1482.78 1402.93 2037.52 1434.59
Other Income 119.52 111.47 28.61 121.52 126.9
Interest 139.6 141.53 229.45 382.61 385.95
Depreciation 364.38 446.33 620.71 713.38 823.91
Exceptional Items 0 -200 0 -11.02 -1.27
Profit Before Tax 867.31 806.39 581.39 1052.04 350.35
Tax 244.92 214.28 72.76 329.22 89.29
Net Profit 622.39 592.11 508.62 722.82 261.06
Adjusted EPS (Rs.) 10.88 10.35 8.89 11.38 4.11

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 57.21 57.21 57.21 63.51 63.51
Total Reserves 7203.41 7583.96 7634.94 9409.05 9454.96
Borrowings 1864.39 2443.86 3208.32 3660.43 3531.01
Other N/C liabilities 945.91 914.82 1489.04 1701.56 1826.81
Current liabilities 4829.42 4600.14 6170.62 6582.64 7487.54
Total Liabilities 14900.32 15599.98 18560.13 21417.2 22363.84
Assets
Net Block 5713.87 6399.52 9285.19 10234.14 11829.33
Capital WIP 671.79 654.9 1272.07 1029.96 548.04
Intangible WIP 0 0 0 0 0
Investments 1639.38 2232.57 2409.52 2409.72 2423.99
Loans & Advances 177.3 765.27 447.37 310.35 126.17
Other N/C Assets 63.33 86.23 150.29 281.72 301.48
Current Assets 6634.67 5461.48 4995.69 7151.32 7134.83
Total Assets 14900.32 15599.98 18560.13 21417.2 22363.84
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 867.31 806.39 581.39 1052.04 350.35
Adjustment 354.05 559.39 694.11 834.07 988.52
Changes in Assets & Liabilities -89.7 -579.82 746.98 -216.82 392.82
Tax Paid -198.32 -193.29 -127.11 -175.6 -87.56
Operating Cash Flow 933.34 592.67 1895.37 1493.69 1644.13
Investing Cash Flow -2754.05 -456.71 -2675.14 -2160.58 -896.44
Financing Cash Flow 1933.83 -178.01 807.26 666.66 -658.03
Net Cash Flow 113.12 -42.05 27.49 -0.23 89.66

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 37.34 37.34 37.34 37.34 37.34
sunrays properties... - - - - -
neeraj consultants... - - - 12.91 -
neeraj consultants... 12.91 12.91 - - 12.61
neeraj consultants... - - 12.91 - -
apollo finance ltd. - - - 6.95 -
apollo finance ltd 6.95 6.95 6.95 - 6.43
sunrays properties... - 6.35 - - 6.35
sunrays properties... 6.35 - - - -
sunrays properties... - - 6.35 - -
sunrays properties... - - - 6.35 -
sacred heart inves... - - - 4.27 -
sacred heart inves... - - 4.27 - -
sacred heart inves... 4.27 4.27 - - -
sacred heart inves... - - - - 4.27
classic industries... - - - - -
motlay finance pvt... - - - 2.96 -
motlay finance pvt... 2.96 2.96 2.96 - 2.96
classic autotubes ... - - - 2.71 -
classic autotubes ... - 2.71 - - 2.53
classic autotubes ... 2.71 - 2.71 - -
ptl enterprises lt... - - - 0.60 0.15
ganga kaveri credi... - - - 1.34 1.34
ganga kaveri credi... 1.34 1.34 1.34 - -
indus valley inves... - - - 0.89 -
indus valley inves... 0.89 0.89 - - 0.89
indus valley inves... - - 0.89 - -
global capital lim... 0.63 0.63 - - 0.63
global capital ltd - - 0.63 - -
global capital ltd. - - - 0.63 -
ptl enterprises ltd 0.50 0.60 0.60 - -
shalini kanwar cha... - 0.35 0.35 0.35 0.35
shalimi kanwar cha... 0.35 - - - -
kenstar investment... - - - 0.32 -
kenstar investment... 0.32 0.32 - - 0.32
kenstar investment... - - 0.32 - -
amit dyechem pvt. ... - - - 0.27 -
amit deychem pvt l... 0.27 - - - -
amit dyechem pvt l... - - - - 0.27
amit dyechem pvt l... - 0.27 - - -
amit deycham pvt l... - - 0.27 - -
apollo internation... - - - 0.17 -
apollo internation... 0.17 - 0.17 - -
apollo internation... - 0.17 - - 0.17
neeraj kanwar 0.12 0.12 0.12 0.12 0.12
raaja r s kanwar 0.03 0.03 0.03 0.03 0.03
onkar s kanwar 0.02 0.02 0.02 0.02 -
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 62.66 62.66 62.66 62.66 62.66
white iris investm... - - 4.88 7.07 -
hdfc trustee compa... - - - - -
hdfc trustee compa... - 5.79 - 6.64 -
hdfc trustee co. l... - - 6.59 - -
hdfc trustee co. l... 5.66 - - - -
hdfc trustee compa... - - - - -
franklin templeton... 3.72 - - 3.11 5.25
icici prudential l... - - - - -
icici prudential &... - - - - 3.67
icici prudential l... - - - 3.44 -
franklin templeton... - 3.42 - 2.45 -
franklin india & i... 3.36 - - - -
franklin templeton... - 3.32 - - -
franklin templeton... - - - - -
custodian a/c - ha... - - - - -
templeton india eq... - - - - -
fraklin templton i... - - 3.11 - -
dsp blackrock thro... - - - - -
franklin templeton... - - - - 3.09
franklin templton ... - - 2.72 - -
dsp & its various ... 2.69 - - - -
icici prudential t... - - - - -
icici prudential &... 2.51 - - - -
icici prudential &... - - 2.47 - -
franklin templeton... - - - - -
reliance capital t... - 2.40 - - -
icici prudential t... - 2.38 - - -
custodian a/c- ash... 2.36 2.36 - - -
hdfc trustee compa... - - - - 2.36
custodian a/c-ashw... - - - 2.36 -
custodian a/c - as... - - 2.36 - -
government pension... - - - - 1.27
reliance capital t... 2.16 - - - -
kotak funds - indi... 1.97 - - - -
kotak funds-india ... - 1.97 - 1.96 -
kotak funds - indi... - - 1.96 - -
dsp blackrock & it... - - - - 1.85
uti through its va... - - - - -
idfc core equity f... - 1.76 - - -
idfc through its v... - - - - -
reliance capital t... - - - - -
dsp midcap fund - 1.70 - 1.06 -
hdfc life insuranc... - - - 1.31 -
hdfc standard life... - - 1.44 - -
hdfc standard life... - 1.43 - - -
uti mutual fund & ... - - - - 1.41
reliance capital t... - - - - -
hdfc standard life... 1.31 - - - -
idfc & its various... 1.26 - - - -
idfc through its v... - - - - -
nps trust- a/c uti... - - - - -
t. rowe price new ... - - - - 1.06
templeton global i... 1.12 - - - -
templeton global i... - - - - 1.12
templeton global i... - 1.12 - - -
nps trust-a/c uti ... - - - 1.06 -
nps trust - a/c ut... - - 1.06 - -
kotak funds- india... - - - - 1.05
nps trust- a/c uti... - 1.04 - - -
dsp & its various ... - - 1.03 - -
uti-hybrid equity ... - 1.00 - - -
iepf 0.46 0.46 0.46 0.46 -
investor education... - - - - 0.36

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Apollo Tyres to create online D2C platform for customers29 Mar 2023, 12:58PM Apollo Tyres informs about notice of postal ballot1 Mar 2023, 2:25PM Apollo Tyres submits analyst meet intimation22 Feb 2023, 4:39PM Apollo Tyres develops tyres with 75% sustainable materials11 Feb 2023, 3:51PM Apollo Tyres informs about recording of conference call 7 Feb 2023, 3:41PM Apollo Tyres reports 31% rise in Q3 consolidated net profit3 Feb 2023, 11:08AM Apollo Tyres - Quaterly Results2 Feb 2023, 5:43PM Apollo Tyres - Quaterly Results2 Feb 2023, 5:43PM Apollo Tyres - Quaterly Results2 Feb 2023, 5:43PM Apollo Tyres wheeling towards sustainable future21 Dec 2022, 3:14PM Apollo Tyres inaugurates advanced R&D tyre testing facility in Chennai8 Dec 2022, 2:50PM Apollo Tyres informs about disclosure 3 Dec 2022, 10:04AM Apollo Tyres partners with Tyromer25 Nov 2022, 2:49PM Apollo Tyres informs about transcript of analyst call22 Nov 2022, 5:08PM Apollo Tyres informs about recording of investor call16 Nov 2022, 9:42AM Apollo Tyres reports 12% rise in Q2 consolidated net profit15 Nov 2022, 2:46PM Apollo Tyres informs about conference call15 Nov 2022, 12:09PM Apollo Tyres - Quaterly Results14 Nov 2022, 6:50PM Apollo Tyres - Quaterly Results14 Nov 2022, 6:50PM Apollo Tyres informs about board meeting 7 Nov 2022, 5:04PM Apollo Tyres revamps offering for mining segment in India29 Sep 2022, 4:09PM Apollo Tyres raises Rs 500 crore via NCDs13 Sep 2022, 12:26PM Apollo Tyres gets 5-star ratings for commercial vehicle tyres12 Sep 2022, 11:37AM Apollo Tyres introduces 5 new truck-bus radial tyres for Indian market30 Aug 2022, 4:00PM Apollo Tyres informs about newspaper publication 16 Aug 2022, 1:51PM Apollo Tyres reports 49% rise in Q1 consolidated net profit16 Aug 2022, 10:48AM Apollo Tyres - Quaterly Results12 Aug 2022, 5:15PM Apollo Tyres - Quaterly Results12 Aug 2022, 5:15PM Apollo Tyres - Quaterly Results12 Aug 2022, 5:15PM Apollo Tyres planning to raise funds through NCDs8 Aug 2022, 5:38PM Apollo Tyres launches EV specific tyres for passenger cars, two wheelers3 Aug 2022, 10:41AM Apollo Tyres informs about trading window closure30 Jun 2022, 5:06PM Apollo Tyres informs about newspaper advertisement 20 Jun 2022, 12:24PM Apollo Tyres informs about investor presentation17 Jun 2022, 3:25PM Apollo Tyres makes additional investment in CSE Deccan Solar27 May 2022, 12:30PM Apollo Tyres informs about investor presentation13 May 2022, 5:19PM Apollo Tyres - Quaterly Results12 May 2022, 6:35PM Apollo Tyres - Quaterly Results12 May 2022, 6:35PM Apollo Tyres informs about compliance certificate12 Apr 2022, 2:31PM Apollo Tyres cooperating with investigation by CCI31 Mar 2022, 5:00PM Apollo Tyres informs about disclosure16 Mar 2022, 2:36PM Apollo Tyres to be supplier in domestic market to Maruti Suzuki for new Baleno28 Feb 2022, 12:16PM Apollo Tyres, Tata Power enter into partnership for deployment of public charging stations3 Feb 2022, 4:18PM Apollo Tyres informs about investors presentation3 Feb 2022, 12:46PM Apollo Tyres reports 50% fall in Q3 consolidated net profit3 Feb 2022, 11:06AM Apollo Tyres - Quaterly Results2 Feb 2022, 6:24PM Apollo Tyres - Quaterly Results2 Feb 2022, 6:24PM Apollo Tyres deploys EVs for last mile deliveries29 Jan 2022, 12:48PM Apollo Tyres acquires 27.20% stake in CSE Deccan Solar14 Jan 2022, 5:45PM Apollo Tyres informs about loss of share certificate16 Dec 2021, 5:04PM

Apollo Tyres Stock Price Analysis and Quick Research Report. Is Apollo Tyres an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Apollo Tyres has a PE ratio of 52.4755310725898 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Apollo Tyres has ROA of 1.19258943969689 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Apollo Tyres has a Current ratio of 0.952893079316694 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Apollo Tyres has a ROE of 2.75024360289244 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Apollo Tyres has a D/E ratio of 0.461 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Apollo Tyres has an Inventory turnover ratio of 6.45278264998595 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Apollo Tyres has reported revenue growth of 24.8521549719472 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Apollo Tyres for the current financial year is 9.79280112692639 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Apollo Tyres is Rs 3.25 and the yield is 1.0472 %.

Brief about Apollo Tyres

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