Ticker >

Apollo Tyres share price

Apollo Tyres Ltd.

NSE: APOLLOTYRE BSE: 500877 SECTOR: Tyres & Allied  235k   1k   247

520.00
+1.80 (0.35%)
NSE: Today, 09:04 AM

Price Summary

Today's High

₹ 0

Today's Low

₹ 0

52 Week High

₹ 557.9

52 Week Low

₹ 303.35

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

33025.25 Cr.

Enterprise Value

36590.05 Cr.

No. of Shares

63.51 Cr.

P/E

27.55

P/B

3.22

Face Value

₹ 1

Div. Yield

0.86 %

Book Value (TTM)

₹  161.47

CASH

510.66 Cr.

DEBT

4075.46 Cr.

Promoter Holding

37.34 %

EPS (TTM)

₹  18.87

Sales Growth

18.1%

ROE

5.96 %

ROCE

9.19%

Profit Growth

121.68 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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 21 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 Year18.1%
3 Year16.05%
5 Year10.93%

Profit Growth

1 Year121.68%
3 Year4.4%
5 Year-1.44%

ROE%

1 Year5.96%
3 Year5.71%
5 Year6.35%

ROCE %

1 Year9.19%
3 Year8.53%
5 Year8.44%

Debt/Equity

0.4118

Price to Cash Flow

21.57

Interest Cover Ratio

2.73021194785708

CFO/PAT (5 Yr. Avg.)

2.6764341680196

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 37.34 1.07
Sep 2023 37.34 1.07
Jun 2023 37.34 1.07
Mar 2023 37.34 1.07
Dec 2022 37.34 1.07
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 16.054692442384% for the Past 3 years.
  • Company’s PEG ratio is 0.226447293959621.
  • The company has an efficient Cash Conversion Cycle of 1.72657090469021 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.6764341680196.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.97714623482948.

 Limitations

  • The company has shown a poor profit growth of 4.39869021375074% for the Past 3 years.
  • Company has a poor ROE of 5.71270898459642% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 4246.62 4366.23 4413.26 4406.7 4331.93
Total Expenditure 3698.29 3669.85 3626.57 3565.31 3547.89
Operating Profit 548.33 696.39 786.69 841.39 784.04
Other Income 9.9 17.18 28.58 32.98 12.66
Interest 122.57 118.29 109.89 105.66 99.52
Depreciation 226.87 242.14 226.04 227.89 227.87
Exceptional Items 0 0 -13.2 -10.78 -15.02
Profit Before Tax 208.79 353.14 466.15 530.04 454.3
Tax 84.54 97.11 163.5 185.81 158.67
Profit After Tax 124.25 256.03 302.65 344.22 295.62
Adjusted EPS (Rs) 1.96 4.03 4.77 5.42 4.65

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 12353.77 11068.32 11733.4 14649.4 17301.02
Total Expenditure 10870.98 9665.39 9695.89 13214.82 15188.16
Operating Profit 1482.78 1402.93 2037.52 1434.59 2112.86
Other Income 111.47 28.61 121.52 126.9 75.13
Interest 141.53 229.45 382.61 385.95 469.17
Depreciation 446.33 620.71 713.38 823.91 907.05
Exceptional Items -200 0 -11.02 -1.27 0
Profit Before Tax 806.39 581.39 1052.04 350.35 811.77
Tax 214.28 72.76 329.22 89.29 233.03
Net Profit 592.11 508.62 722.82 261.06 578.74
Adjusted EPS (Rs.) 10.35 8.89 11.38 4.11 9.11

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 57.21 57.21 63.51 63.51 63.51
Total Reserves 7583.96 7634.94 9409.05 9454.96 9836.39
Borrowings 2443.86 3208.32 3660.43 3531.01 3174.81
Other N/C liabilities 914.82 1489.04 1701.56 1616.81 1506.44
Current liabilities 4600.14 6170.62 6582.64 8243.86 5533.49
Total Liabilities 15599.98 18560.13 21417.2 22910.16 20114.64
Assets
Net Block 6399.52 9285.19 10234.14 11829.33 11813.92
Capital WIP 654.9 1272.07 1029.96 541.85 115.92
Intangible WIP 0 0 0 6.18 18.57
Investments 2232.57 2409.52 2409.72 2414.66 2421.36
Loans & Advances 765.53 447.37 310.35 127.74 174.41
Other N/C Assets 85.98 150.29 281.72 288.73 285.35
Current Assets 5461.48 4995.69 7151.32 7701.67 5285.11
Total Assets 15599.98 18560.13 21417.2 22910.16 20114.64
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 806.39 581.39 1052.04 350.35 811.77
Adjustment 559.39 694.11 834.07 988.52 1166.26
Changes in Assets & Liabilities -579.82 746.98 -216.82 363.91 -275.41
Tax Paid -193.29 -127.11 -175.6 -87.56 -171.28
Operating Cash Flow 592.67 1895.37 1493.69 1615.23 1531.34
Investing Cash Flow -456.71 -2675.14 -2160.58 -887.11 -231.62
Financing Cash Flow -178.01 807.26 666.66 -638.46 -1115.24
Net Cash Flow -42.05 27.49 -0.23 89.66 184.48

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 37.34 37.34 37.34 37.34 37.34
amit dyechem private limi... - - - 0.25 0.25
apollo green energy limit... - - - 0.16 0.16
classic industries and ex... - - - 2.94 2.94
neeraj kanwar 0.11 0.11 0.11 0.11 0.11
onkar kanwar 0.02 0.02 0.02 0.02 0.02
ptl enterprises limited - - - 1.69 1.69
raaja r s kanwar 0.03 0.03 0.03 0.03 0.03
shalini kanwar chand 0.31 0.31 0.31 0.31 0.31
sunrays properties & inve... - - 31.83 31.83 31.83
amit dyechem pvt ltd - - 0.25 - -
apollo international ltd.... 0.16 0.16 0.16 - -
classic industries and ex... - 2.94 2.94 - -
ptl interprises ltd. - - 1.69 - -
amit dyechem pvt ltd. - 0.25 - - -
apollo finance ltd. 12.06 12.06 - - -
ptl enterprises ltd. 1.66 1.69 - - -
sunrays properties & inve... - 19.78 - - -
amit dyechem pvt. ltd. 0.25 - - - -
classic industries & expo... 2.82 - - - -
sunrays properties & inve... 19.93 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 62.66 62.66 62.66 62.66 62.66
custodian a/c - ashwin s... - - - - 2.13
emerald sage investment l... 9.93 - - 9.93 9.93
government of singapore - - 1.33 1.52 1.38
hdfc mutual fund-hdfc div... - - - 8.72 9.43
investor education and pr... - 0.43 0.43 0.43 0.45
kotak bluechip fund - 2.70 - 2.97 3.12
kotak funds - india midca... 1.22 1.27 1.35 1.46 1.46
lici new pension plus bal... - - - 1.24 2.35
nippon life india trustee... - - - - 1.94
white iris investment ltd... 8.04 8.04 - 8.04 3.54
emerald sage investment l... - 9.93 9.93 - -
hdfc trustee company ltd.... - - 8.68 - -
kotak mahindra trustee co... - - 2.66 - -
white iris invesment ltd.... - - 8.04 - -
custodian a/c - ashwin sh... - 2.13 - - -
franklin indai prima fund... - 1.01 - - -
government pension fund g... 2.32 1.82 - - -
custodian a/c ashwin shan... 2.13 - - - -
franklin india prima fund... 1.07 - - - -
hdfc trustee company ltd ... 8.61 - - - -
investor education and pr... 0.43 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Apollo Tyres informs about disclosure15 Feb 2024, 5:22PM Apollo Tyres informs about investor conference15 Feb 2024, 3:40PM Apollo Tyres reports 78% rise in Q3 consolidated net profit8 Feb 2024, 2:49PM Apollo Tyres - Quaterly Results7 Feb 2024, 6:30PM Apollo Tyres - Quaterly Results7 Feb 2024, 6:30PM Apollo Tyres - Quaterly Results7 Feb 2024, 6:30PM Apollo Tyres informs about conference call5 Feb 2024, 4:47PM Apollo Tyres rolls out ‘Trumigo’2 Feb 2024, 5:09PM Apollo Tyres informs about disclosure1 Jan 2024, 2:36PM Apollo Tyres informs about disclosures29 Dec 2023, 12:30PM Apollo Tyres informs about disclosure22 Dec 2023, 4:55PM Apollo Tyres informs about loss of share certificate22 Dec 2023, 1:54PM White Iris Investment disposes 4.5% stake in Apollo Tyres20 Dec 2023, 11:59AM Apollo Tyres informs about updates16 Dec 2023, 12:29PM Apollo Tyres informs about disclosure15 Dec 2023, 3:25PM Apollo Tyres informs about disclosure13 Dec 2023, 3:02PM Apollo Tyres informs about recording of conference call9 Nov 2023, 10:36AM Apollo Tyres reports over 2-fold jump in Q2 consolidated net profit8 Nov 2023, 12:28PM Apollo Tyres - Quaterly Results7 Nov 2023, 6:59PM Apollo Tyres - Quaterly Results7 Nov 2023, 6:59PM Apollo Tyres informs about loss of share certificate 13 Oct 2023, 1:56PM Apollo Tyres informs about newspaper publication 22 Sep 2023, 5:17PM Apollo Tyres informs about investor conference 31 Aug 2023, 3:53PM Apollo Tyres informs about transcript of conference call21 Aug 2023, 2:42PM Apollo Tyres reports over 2-fold jump in Q1 consolidated net profit11 Aug 2023, 10:58AM Apollo Tyres - Quaterly Results10 Aug 2023, 6:08PM Apollo Tyres - Quaterly Results10 Aug 2023, 6:08PM Apollo Tyres - Quaterly Results10 Aug 2023, 6:08PM Apollo Tyres informs about certificate14 Jul 2023, 4:34PM Apollo Tyres informs about loss of share certificate26 Jun 2023, 4:56PM Apollo Tyres inaugurates first retail outlet for Vredestein tyres in India26 Jun 2023, 4:14PM Apollo Tyres informs about newspaper publication2 Jun 2023, 12:22PM Apollo Tyres eyeing double-digit revenue growth in FY24 15 May 2023, 11:42AM Apollo Tyres informs about recording of conference call 11 May 2023, 11:44AM Apollo Tyres informs about newspaper publication10 May 2023, 12:23PM Apollo Tyres reports over 3- fold jump in Q4 consolidated net profit10 May 2023, 11:29AM Apollo Tyres - Quaterly Results9 May 2023, 7:02PM Apollo Tyres - Quaterly Results9 May 2023, 7:02PM Apollo Tyres informs about conference call8 May 2023, 3:02PM Apollo Tyres develops passenger vehicle tyres with 75% sustainable materials12 Apr 2023, 3:29PM Apollo Tyres informs about compliances-certificate6 Apr 2023, 4:33PM Apollo Tyres informs about postal ballot results4 Apr 2023, 2:10PM 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 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 27.554778369499 which is high and comparatively overvalued .

  • Share Price: - The current share price of Apollo Tyres is Rs 520. One can use valuation calculators of ticker to know if Apollo Tyres share price is undervalued or 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 2.69025300082155 % 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 0.955112259110114 .

  • 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 5.96264202393421 % .(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 0.4118 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 7.29883773909669 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 18.1004974673372 % 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 12.21236159558 %.

  • 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 4.5 and the yield is 0.8632 %.

Last Updated on:
Brief about Apollo Tyres

Apollo Tyres Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

 

Apollo Tyres Ltd. is one of the leading tire manufacturing companies in India. The company has a strong presence in both domestic and international markets, with a wide range of products catering to various segments.  We will take a closer look at Apollo Tyres Ltd. stock analysis page and explore various aspects of the company that can help long-term investors make informed investment decisions.

Apollo Tyres Ltd. Share Price

Apollo Tyres Ltd.'s share price is a reflection of the company's financial performance and growth prospects. The company's stock price has been on a steady upward trend in recent years, driven by its strong financials and growth potential. Investors can track the company's share price on Ticker's stock analysis page, which provides real-time updates on the stock's performance.

Apollo Tyres Ltd. Balance Sheet

Apollo Tyres Ltd.'s balance sheet is a reflection of its financial health and stability. The company has a strong balance sheet, with a healthy mix of debt and equity. Ticker pre-built screening tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis can help investors evaluate the company's financial performance and calculate its fair value. Investors can access the company's balance sheet on Ticker's stock analysis page, along with other financial data such as quarterly results and profit and loss statements.

Apollo Tyres Ltd. Annual Report

Apollo Tyres Ltd.'s annual report provides a comprehensive overview of the company's performance over the past year. The report includes detailed information on the company's financials, operations, and growth prospects. Investors can download the company's annual report from Ticker's stock analysis page. The report can help investors gain a better understanding of the company's business model, competitive landscape, and growth potential.

Apollo Tyres Ltd. Dividend

Apollo Tyres Ltd. has a track record of paying dividends to its shareholders. The company's dividend policy is based on its financial performance and growth prospects. Investors can access the company's dividend history on Ticker's stock analysis page. Ticker pre-built screening tools can help investors evaluate the company's dividend-paying capacity and calculate its dividend yield.

Apollo Tyres Ltd. Quarterly Result

Apollo Tyres Ltd.'s quarterly results provide a snapshot of the company's financial performance over the past quarter. The results include information on the company's revenue, profits, and margins. Investors can download the company's quarterly results from Ticker's stock analysis page. 

Apollo Tyres Ltd. Stock Price

Apollo Tyres Ltd.'s stock price is a reflection of its financial performance and growth prospects. The company's stock price is influenced by various factors such as market trends, investor sentiment, and the company's financials. Investors can track the company's stock price on Ticker's stock analysis page, which provides real-time updates on the stock's performance.

Apollo Tyres Ltd. Price Chart

Apollo Tyres Ltd.'s price chart provides a visual representation of the company's stock price movement over a period. The chart includes information on the company's stock price, volume, and trends. Investors can access the company's price chart on Ticker's stock analysis page. The chart can help investors gain insights into the company's stock price movement and identify trends.

Apollo Tyres Ltd. News

Apollo Tyres Ltd.'s news section provides updates on the company's latest developments and announcements. The section includes information on the company's product launches, partnerships, and collaborations. Investors can access the company's news section on Ticker's stock analysis page. The news section can help investors stay updated on the company's latest developments and make informed investment decisions.

Apollo Tyres Ltd. Concall Transcripts

Apollo Tyres Ltd.'s concall transcripts provide a detailed account of the company's earnings conference call. The transcripts include information on the company's financial performance, growth prospects, and future plans. Investors can download the company's concall transcripts from Ticker's stock analysis page. The transcripts can help investors gain insights into the company's performance and future prospects.

Apollo Tyres Ltd. Investor Presentations

Apollo Tyres Ltd.'s investor presentations provide a detailed overview of the company's business model, operations, and growth prospects. The presentations include information on the company's financials, product portfolio, and competitive landscape. Investors can download the company's investor presentations from Ticker's stock analysis page. The presentations can help investors gain a better understanding of the company's business model and growth potential.

Apollo Tyres Ltd. Promoters

Apollo Tyres Ltd.'s promoters are the key drivers of the company's growth and success. The promoters have a significant stake in the company and are actively involved in its operations and decision-making. Investors can access information on the company's promoters on Ticker's stock analysis page. The information can help investors evaluate the promoters' track record and their contribution to the company's growth.

Apollo Tyres Ltd. Shareholders

Apollo Tyres Ltd.'s shareholders are the owners of the company and have a stake in its financial performance and growth prospects. The company has a diverse shareholder base, including institutional investors and retail investors. Investors can access information on the company's shareholders on Ticker's stock analysis page. The information can help investors evaluate the company's shareholder base and their contribution to the company's growth.

Read More
X