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Goodyear India share price

Goodyear India Ltd.

NSE: GOODYEAR BSE: 500168 SECTOR: Tyres & Allied  96k   445   52

1175.00
-1.95 (-0.17%)
BSE: 12 Apr 04:01 PM

Price Summary

Today's High

₹ 1189.75

Today's Low

₹ 1162.65

52 Week High

₹ 1451.1

52 Week Low

₹ 1058.05

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2710.31 Cr.

Enterprise Value

2547.75 Cr.

No. of Shares

2.31 Cr.

P/E

20.43

P/B

4.22

Face Value

₹ 10

Div. Yield

2.25 %

Book Value (TTM)

₹  278.2

CASH

162.56 Cr.

DEBT

0 Cr.

Promoter Holding

74 %

EPS (TTM)

₹  57.52

Sales Growth

20.19%

ROE

18.68 %

ROCE

25.74%

Profit Growth

19.41 %

* 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

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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 Year20.19%
3 Year18.81%
5 Year11.95%

Profit Growth

1 Year19.41%
3 Year11.41%
5 Year-1.12%

ROE%

1 Year18.68%
3 Year15.85%
5 Year13.96%

ROCE %

1 Year25.74%
3 Year21.82%
5 Year19.69%

Debt/Equity

0

Price to Cash Flow

24.16

Interest Cover Ratio

43.733850129199

CFO/PAT (5 Yr. Avg.)

1.11643637415901

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74 0
Dec 2023 74 0
Sep 2023 74 0
Jun 2023 74 0
Mar 2023 74 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.8099894785616% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 21.8240555332579% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 43.733850129199.
  • The company has an efficient Cash Conversion Cycle of -7.97969534655429 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.11643637415901.
  • The company has a high promoter holding of 74%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.95652420101915.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 689.09 652.59 719.66 690.12 591.4
Total Expenditure 645.22 595.56 655.59 628.79 551.59
Operating Profit 43.87 57.03 64.07 61.33 39.81
Other Income 3.87 3.56 3.7 4.41 5.18
Interest 0.86 1.12 1.16 1.14 1.03
Depreciation 13.82 13.81 14.02 13.89 13.85
Exceptional Items 0 0 0 0 0
Profit Before Tax 33.06 45.66 52.59 50.71 30.11
Tax 8.65 12.05 13.33 12.77 8.25
Profit After Tax 24.41 33.61 39.26 37.94 21.86
Adjusted EPS (Rs) 10.58 14.57 17.02 16.45 9.48

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1911.91 1745.57 1791.71 2435.68 2927.51
Total Expenditure 1747.68 1609.84 1575.1 2263.65 2720.59
Operating Profit 164.23 135.73 216.61 172.03 206.92
Other Income 37.94 35.18 22.73 23.21 16.32
Interest 3 3.97 3.42 4.12 3.87
Depreciation 41.03 50.1 52.75 52.67 53.99
Exceptional Items 0 0 0 0 0
Profit Before Tax 158.14 116.84 183.17 138.45 165.38
Tax 56.07 28 46.91 35.56 42.52
Net Profit 102.07 88.84 136.26 102.89 122.86
Adjusted EPS (Rs.) 44.24 38.51 59.06 44.6 53.26

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 23.07 23.07 23.07 23.07 23.07
Total Reserves 844.05 892.67 816.5 691.76 582.74
Borrowings 0 0 0 0 0
Other N/C liabilities 518.59 38.87 606.74 643.72 683.81
Current liabilities 434.79 352.19 513.54 612.4 619.72
Total Liabilities 1820.5 1306.8 1959.85 1970.95 1909.34
Assets
Net Block 250.95 315.54 312 317.18 357.12
Capital WIP 50.29 14.87 16.09 33.13 61.48
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 523.64 35.56 610.55 657.04 696.99
Other N/C Assets 0.56 0.01 0.01 0 0
Current Assets 995.06 940.82 1021.2 963.6 793.75
Total Assets 1820.5 1306.8 1959.85 1970.95 1909.34
* 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 158.14 116.84 183.17 138.45 165.38
Adjustment 9.85 23.94 38.69 40.63 48.61
Changes in Assets & Liabilities -58.13 -38.31 122.94 -50.88 -59.43
Tax Paid -53.29 -37.03 -51.02 -38.88 -42.37
Operating Cash Flow 56.57 65.44 293.78 89.32 112.19
Investing Cash Flow -35.56 -96.14 86.89 -49.97 90.59
Financing Cash Flow -38.87 -44.8 -223.11 -236.48 -240.74
Net Cash Flow -17.86 -75.5 157.56 -197.13 -37.96

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 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 Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 26.00 26.00 26.00 26.00 26.00
hdfc small cap fund 6.02 6.33 6.74 6.76 6.75
investor education and pr... 1.60 1.60 1.60 1.61 1.61
the new india assurance c... 1.17 1.17 1.17 1.17 1.17

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Goodyear India informs about change in directorate11 Apr 2024, 5:15PM Goodyear India - Quaterly Results2 Feb 2024, 3:55PM Goodyear India - Quaterly Results2 Feb 2024, 3:55PM Goodyear India - Quaterly Results2 Feb 2024, 3:55PM Goodyear India informs about disclosure31 Jan 2024, 2:46PM Goodyear India informs about board meeting 25 Jan 2024, 5:18PM Goodyear India - Quaterly Results27 Oct 2023, 3:00PM Goodyear India - Quaterly Results27 Oct 2023, 3:00PM Goodyear India - Quaterly Results27 Oct 2023, 3:00PM Goodyear India informs about updates21 Oct 2023, 10:30AM Goodyear India informs about issuance of duplicate share certificates20 Oct 2023, 5:06PM Goodyear India informs about closure of trading window27 Sep 2023, 5:23PM Goodyear India informs about issue of duplicate share certificates22 Sep 2023, 5:13PM Goodyear India launches new product ‘Assurance Maxguard’21 Sep 2023, 4:56PM Goodyear India informs about disclosure18 Aug 2023, 5:08PM Goodyear India - Quaterly Results2 Aug 2023, 5:06PM Goodyear India - Quaterly Results2 Aug 2023, 5:06PM Goodyear India - Quaterly Results2 Aug 2023, 5:06PM Goodyear India - Quaterly Results29 May 2023, 3:09PM Goodyear India - Quaterly Results29 May 2023, 3:09PM Goodyear India - Quaterly Results29 May 2023, 3:09PM Goodyear India informs about issue of duplicate share certificates1 Apr 2023, 3:47PM Goodyear India informs about disclosure of voting results27 Mar 2023, 3:02PM Goodyear India informs about loss of share certificates2 Mar 2023, 4:53PM Goodyear India informs about issue of duplicate share certificates 18 Feb 2023, 10:58AM Goodyear India - Quaterly Results14 Feb 2023, 4:03PM Goodyear India - Quaterly Results14 Feb 2023, 4:03PM Goodyear India informs about trading window closure21 Dec 2022, 12:21PM Goodyear India informs about loss of share certificate12 Dec 2022, 12:30PM Goodyear India informs about details of loss of certificate 19 Nov 2022, 12:22PM Goodyear India - Quaterly Results14 Nov 2022, 1:24PM Goodyear India - Quaterly Results14 Nov 2022, 1:24PM Goodyear India - Quaterly Results14 Nov 2022, 1:24PM Goodyear India informs about compliance certificate 11 Oct 2022, 5:12PM Goodyear India - Quaterly Results1 Aug 2022, 5:09PM Goodyear India - Quaterly Results1 Aug 2022, 5:09PM Goodyear India - Quaterly Results1 Aug 2022, 5:09PM Goodyear India informs about trading window closure29 Jun 2022, 5:05PM Goodyear India - Quaterly Results26 May 2022, 6:39PM Goodyear India - Quaterly Results26 May 2022, 6:39PM Goodyear India informs about compliance certificate14 Apr 2022, 12:33PM Goodyear India informs about certificate14 Apr 2022, 12:29PM Goodyear India informs about disclosure29 Mar 2022, 5:09PM Goodyear India informs about closure of trading window29 Mar 2022, 2:06PM Goodyear India informs about issuance of duplicate share certificate26 Feb 2022, 2:55PM Goodyear India - Quaterly Results1 Feb 2022, 2:12PM Goodyear India - Quaterly Results1 Feb 2022, 2:12PM Goodyear India - Quaterly Results1 Feb 2022, 2:12PM Goodyear India informs about loss of share certificate17 Dec 2021, 1:00PM Goodyear India informs about loss of share certificate27 Nov 2021, 10:41AM

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 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). Goodyear India has a PE ratio of 22.1450267141662 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 6.33251638408469 % 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 1.2808203704899 .

  • 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 18.6830900243309 % .(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 D/E ratio of 0 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. Goodyear India has an Inventory turnover ratio of 9.96870637109681 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Goodyear India has reported revenue growth of 20.1927182552716 % 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 Goodyear India for the current financial year is 7.0681227391196 %.

  • 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 26.5 and the yield is 2.2516 %.

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.

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