Ticker > Company >

Goodyear India share price

Goodyear India Ltd.

NSE: GOODYEAR BSE: 500168 SECTOR: Tyres & Allied  112k   466   52

1011.95
0 0
BSE: 20 Dec 04:01 PM

Price Summary

Today's High

₹ 1035

Today's Low

₹ 1009.1

52 Week High

₹ 1440

52 Week Low

₹ 1000

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2334.22 Cr.

Enterprise Value

2210.56 Cr.

No. of Shares

2.31 Cr.

P/E

39.96

P/B

3.99

Face Value

₹ 10

Div. Yield

4.05 %

Book Value (TTM)

₹  253.54

CASH

123.66 Cr.

DEBT

0 Cr.

Promoter Holding

74 %

EPS (TTM)

₹  25.33

Sales Growth

-12.84%

ROE

16.05 %

ROCE

22.38%

Profit Growth

-22.8 %

* 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

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 Year-12.84%
3 Year12.51%
5 Year5.94%

Profit Growth

1 Year-22.8%
3 Year-11.37%
5 Year-1.46%

ROE%

1 Year16.05%
3 Year16.01%
5 Year14.72%

ROCE %

1 Year22.38%
3 Year22.18%
5 Year20.29%

Debt/Equity

0

Price to Cash Flow

17.31

Interest Cover Ratio

31.1958

CFO/PAT (5 Yr. Avg.)

1.27469305479201

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 74.00 0.00
Jun 2024 74.00 0.00
Mar 2024 74.00 0.00
Dec 2023 74.00 0.00
Sep 2023 74.00 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 22.1766935096237% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 31.1958.
  • The company has an efficient Cash Conversion Cycle of -5.38850000000001 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.27469305479201.
  • The company has a high promoter holding of 74%.

 Limitations

  • The company has shown a poor profit growth of -11.3749859841649% for the Past 3 years.
  • The company has shown a poor revenue growth of 12.5090231866063% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 690.12 591.4 550.53 691.38 682.25
Total Expenditure 628.79 551.59 545.15 647.05 651.16
Operating Profit 61.33 39.81 5.38 44.33 31.09
Other Income 4.41 5.18 3.68 3.93 4.85
Interest 1.14 1.03 0.91 0.95 0.91
Depreciation 13.89 13.85 13.53 13.86 13.88
Exceptional Items 0 0 0 0 0
Profit Before Tax 50.71 30.11 -5.38 33.45 21.15
Tax 12.77 8.25 -1.17 8.42 5.41
Profit After Tax 37.94 21.86 -4.21 25.03 15.74
Adjusted EPS (Rs) 16.45 9.48 -1.82 10.85 6.82

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1745.57 1791.71 2435.68 2927.51 2551.71
Total Expenditure 1609.84 1575.1 2263.65 2720.59 2381.12
Operating Profit 135.73 216.61 172.03 206.92 170.59
Other Income 35.18 22.73 23.21 16.32 16.97
Interest 3.97 3.42 4.12 3.87 4.24
Depreciation 50.1 52.75 52.67 53.99 55.29
Exceptional Items 0 0 0 0 0
Profit Before Tax 116.84 183.17 138.45 165.38 128.03
Tax 28 46.91 35.56 42.52 33.18
Net Profit 88.84 136.26 102.89 122.86 94.85
Adjusted EPS (Rs.) 38.51 59.06 44.6 53.26 41.11

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 23.07 23.07 23.07 23.07 23.07
Total Reserves 892.67 816.5 691.76 582.74 558.38
Borrowings 0 0 0 0 0
Other N/C liabilities 38.87 606.74 643.72 683.81 715.84
Current liabilities 352.19 513.54 612.4 619.72 564.11
Total Liabilities 1306.8 1959.85 1970.95 1909.34 1861.4
Assets
Net Block 315.54 312 317.18 357.12 364.46
Capital WIP 14.87 16.09 33.13 61.48 43.7
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 35.56 610.55 657.04 696.99 734.39
Other N/C Assets 0.01 0.01 0 0 0
Current Assets 940.82 1021.2 963.6 793.75 718.85
Total Assets 1306.8 1959.85 1970.95 1909.34 1861.4
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 116.84 183.17 138.45 165.38 128.03
Adjustment 23.94 38.69 40.63 48.61 49.08
Changes in Assets & Liabilities -38.31 122.94 -50.88 -59.43 -3.21
Tax Paid -37.03 -51.02 -38.88 -42.37 -39.03
Operating Cash Flow 65.44 293.78 89.32 112.19 134.87
Investing Cash Flow -96.14 86.89 -49.97 90.59 -33.8
Financing Cash Flow -44.8 -223.11 -236.48 -240.74 -129.84
Net Cash Flow -75.5 157.56 -197.13 -37.96 -28.77

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 74.00 74.00 74.00 74.00 74.00
goodyear orient company (... 74.00 74.00 74.00 74.00 74.00
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 26.00 26.00 26.00 26.00 26.00
hdfc small cap fund 6.74 6.76 6.75 - 6.75
investor education and pr... - - - 1.61 1.60
the new india assurance c... 1.17 1.17 1.17 1.17 1.17
hdfc mutual fund - - - 6.75 -
investor education and pr... 1.60 1.61 1.61 - -

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Goodyear India informs about resignation of director 21 Dec, 4:19 PM Goodyear India informs about details of loss of certificate 25 Oct, 5:28 PM Goodyear India - Quaterly Results 22 Oct, 1:55 PM Goodyear India - Quaterly Results 22 Oct, 1:55 PM Goodyear India - Quaterly Results 22 Oct, 1:55 PM Goodyear India informs about newspaper advertisements 24 Sep, 5:34 PM Goodyear India - Quaterly Results 14 Aug, 4:03 PM Goodyear India - Quaterly Results 14 Aug, 4:03 PM Goodyear India informs about newspaper publication 6 Jul, 4:19 PM Goodyear India - Quaterly Results 27 May, 4:41 PM Goodyear India - Quaterly Results 27 May, 4:41 PM Goodyear India - Quaterly Results 27 May, 4:41 PM Goodyear India informs about details of loss of certificate 15 May, 3:05 PM Goodyear India informs about change in directorate 11 Apr, 5:15 PM Goodyear India - Quaterly Results 2 Feb, 3:55 PM Goodyear India - Quaterly Results 2 Feb, 3:55 PM Goodyear India - Quaterly Results 2 Feb, 3:55 PM Goodyear India informs about disclosure 31 Jan, 2:46 PM Goodyear India informs about board meeting 25 Jan, 5:18 PM Goodyear India - Quaterly Results 27 Oct, 3:00 PM Goodyear India - Quaterly Results 27 Oct, 3:00 PM Goodyear India - Quaterly Results 27 Oct, 3:00 PM Goodyear India informs about updates 21 Oct, 10:30 AM Goodyear India informs about issuance of duplicate share certificates 20 Oct, 5:06 PM Goodyear India informs about closure of trading window 27 Sep, 5:23 PM Goodyear India informs about issue of duplicate share certificates 22 Sep, 5:13 PM Goodyear India launches new product ‘Assurance Maxguard’ 21 Sep, 4:56 PM Goodyear India informs about disclosure 18 Aug, 5:08 PM Goodyear India - Quaterly Results 2 Aug, 5:06 PM Goodyear India - Quaterly Results 2 Aug, 5:06 PM Goodyear India - Quaterly Results 2 Aug, 5:06 PM Goodyear India - Quaterly Results 29 May, 3:09 PM Goodyear India - Quaterly Results 29 May, 3:09 PM Goodyear India - Quaterly Results 29 May, 3:09 PM Goodyear India informs about issue of duplicate share certificates 1 Apr, 3:47 PM Goodyear India informs about disclosure of voting results 27 Mar, 3:02 PM Goodyear India informs about loss of share certificates 2 Mar, 4:53 PM Goodyear India informs about issue of duplicate share certificates 18 Feb, 10:58 AM Goodyear India - Quaterly Results 14 Feb, 4:03 PM Goodyear India - Quaterly Results 14 Feb, 4:03 PM Goodyear India informs about trading window closure 21 Dec, 12:21 PM Goodyear India informs about loss of share certificate 12 Dec, 12:30 PM Goodyear India informs about details of loss of certificate 19 Nov, 12:22 PM Goodyear India - Quaterly Results 14 Nov, 1:24 PM Goodyear India - Quaterly Results 14 Nov, 1:24 PM Goodyear India - Quaterly Results 14 Nov, 1:24 PM Goodyear India informs about compliance certificate 11 Oct, 5:12 PM Goodyear India - Quaterly Results 1 Aug, 5:09 PM Goodyear India - Quaterly Results 1 Aug, 5:09 PM Goodyear India - Quaterly Results 1 Aug, 5:09 PM

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Goodyear India . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Goodyear India has a PE ratio of 50.290601260325 which is high and comparatively overvalued .

  • Share Price: - The current share price of Goodyear India is Rs 1273.7. One can use valuation calculators of ticker to know if Goodyear India 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. Goodyear India has ROA of 5.0308 % 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. Goodyear India has a Current ratio of 1.2743 .

  • 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. Goodyear India has a ROE of 16.0515 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Goodyear India has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Goodyear India has reported revenue growth of -12.8368 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Goodyear India for the current financial year is 6.68532082407484 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Goodyear India is Rs 41 and the yield is 4.0516 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Goodyear India is Rs 25.3268 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Goodyear India in Ticker for free. Also, one can get the intrinsic value of Goodyear India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Goodyear India

Goodyear India Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Goodyear India Ltd. is a leading tire manufacturing company in India, catering to both domestic and international markets. With a rich history spanning several decades, the company has established itself as a trusted name in the automotive industry. Goodyear India Ltd. is a subsidiary of The Goodyear Tire and Rubber Company, one of the largest tire manufacturers in the world.

Goodyear India Ltd. - Share Price

Get real-time updates on the share price of Goodyear India Ltd. Our website provides you with the latest stock prices, allowing you to track the performance of the company's shares over time. Stay informed and make educated investment decisions with our comprehensive stock analysis tools.

Goodyear India Ltd. - Balance Sheet

Access the balance sheet of Goodyear India Ltd. on our website. Our downloadable annual reports provide you with valuable insights into the financial health of the company. Utilize our premium features, such as the DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis, to calculate the fair value of Goodyear India Ltd.'s stock.

Goodyear India Ltd. - Annual Report

Download the annual reports of Goodyear India Ltd. to gain a deeper understanding of the company's performance, growth strategies, and future outlook. Our website offers easy access to these reports, allowing long-term stock investors to make well-informed investment decisions.

Goodyear India Ltd. - Dividend

Stay updated on the dividend payouts of Goodyear India Ltd. Our website provides you with the latest information on dividends declared by the company. By analyzing the dividend history, you can assess the company's consistency in rewarding shareholders and evaluate the potential income generation from your investments.

Goodyear India Ltd. - Quarterly Result

Track the quarterly results of Goodyear India Ltd. on our website. Stay informed about the company's financial performance and compare it with previous quarters. Utilize our premium features and proprietary screening tools to assess the quarterly results and make informed investment decisions.

Goodyear India Ltd. - Stock Price

Stay up-to-date with the stock price movement of Goodyear India Ltd. Our website provides a comprehensive price chart, allowing you to analyze the historical performance of the stock. Monitor the trends, identify patterns, and make informed investment decisions based on the stock's past performance.

Goodyear India Ltd. - Price Chart

Our website offers an interactive price chart for Goodyear India Ltd. This chart allows you to analyze the historical price movement of the stock, identify trends, and make informed predictions about its future performance. Utilize our pre-built screening tools to customize the chart based on your investment preferences.

Goodyear India Ltd. - News

Access the latest news and updates about Goodyear India Ltd. on our website. Stay informed about significant developments, industry trends, and market insights. Our curated news section provides valuable information to help you make well-informed investment decisions.

Goodyear India Ltd. - Concall Transcripts

Download the concall transcripts of Goodyear India Ltd. from our website. These transcripts provide insights into the discussions and decisions made during the company's conference calls with analysts and investors. Gain valuable information and stay updated on the company's strategic direction.

Goodyear India Ltd. - Investor Presentations

Access the investor presentations of Goodyear India Ltd. on our website. These presentations offer detailed information about the company's operations, financial performance, and growth strategies. Stay up-to-date on the latest investor presentations to gain valuable insights into the company's future prospects.

Goodyear India Ltd. - Promoters

Learn about the promoters of Goodyear India Ltd. These are the individuals or entities responsible for founding and nurturing the company. Our website provides information about the promoters and their contributions to the growth and success of Goodyear India Ltd.

Goodyear India Ltd. - Shareholders

Discover the shareholders of Goodyear India Ltd. These are the individuals or entities that own shares in the company. Our website offers insights into the major shareholders and their stake in the company. Understand the shareholder structure to assess the level of institutional and retail ownership in Goodyear India Ltd.

Please note that all the downloadable reports, concall transcripts, investor presentations, credit ratings, and research reports mentioned above are provided on our website. These resources are invaluable for long-term stock investors looking for in-depth stock analysis and fair value calculations.

Read More
X