BAJAJ BROKING

Notification
No new Notification messages
Ather Energy IPO is Open!
Apply for the Ather Energy IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

163

500877

APOLLOTYRE

img img img img
No Data Available

Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply

APOLLO TYRES LTD performance

Today’s low

Today’s high

₹ 454.30 ₹ 475.30
₹ 471.90

52 week low

52 week high

₹ 370.90 ₹ 584.90
₹ 471.90

Open Price

₹ 454.80

Prev. Close

₹ 455.95

Volume (Shares)

4518564.00

Total traded value

₹ 21323.10

Upper Circuit

₹ 501.50

Lower Circuit

₹ 410.35

info

APOLLO TYRES LTD Share Price Update

As of the latest trading session, APOLLO TYRES LTD share price is currently at ₹ 471.9, which is up by ₹ 15.94 from its previous closing. Today, the stock has fluctuated between ₹ 454.30 and ₹ 475.30. Over the past year, APOLLO TYRES LTD has achieved a return of -7.82 %. In the last month alone, the return has been 7.90 %. Read More...

APOLLO TYRES LTD fundamentals


  • Market cap (Cr)

    29,970.41

  • P/E Ratio (TTM)

    41.85

  • Beta

    1.00

  • Book Value / share

    163.67

  • Return on equity

    11.52%

  • EPS (TTM)

    11.82

  • Dividend yield

    1.32%

  • Net profit/quarter (Cr)

    123.52

info icon alternate text
  • Market cap (Cr)

    29,916.43

  • P/E Ratio (TTM)

    41.85

  • Beta

    0.96

  • Book Value / share

    163.67

  • Return on equity

    11.52%

  • EPS (TTM)

    11.82

  • Dividend yield

    1.32%

  • Net profit/quarter (Cr)

    123.52

info icon alternate text

APOLLO TYRES LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 4539.77
Operating Expense 4365.53
Net Profit 123.52
Net Profit Margin (%) 2.72
Earnings Per Share (EPS) 1.94
EBITDA 522.62
Effective Tax Rate (%) 36.10
Particulars SEP 2024 (Values in Cr)
Revenue 4461.74
Operating Expense 4242.86
Net Profit 164.78
Net Profit Margin (%) 3.69
Earnings Per Share (EPS) 2.59
EBITDA 559.64
Effective Tax Rate (%) 31.23
Particulars JUN 2024 (Values in Cr)
Revenue 4591.59
Operating Expense 4274.93
Net Profit 191.97
Net Profit Margin (%) 4.18
Earnings Per Share (EPS) 3.02
EBITDA 611.43
Effective Tax Rate (%) 34.91
Particulars MAR 2024 (Values in Cr)
Revenue 4387.44
Operating Expense 4026.08
Net Profit 211.53
Net Profit Margin (%) 4.82
Earnings Per Share (EPS) 3.33
EBITDA 709.26
Effective Tax Rate (%) 45.22
Particulars DEC 2023 (Values in Cr)
Revenue 4331.93
Operating Expense 3875.28
Net Profit 295.62
Net Profit Margin (%) 6.82
Earnings Per Share (EPS) 4.65
EBITDA 781.69
Effective Tax Rate (%) 34.92
Particulars MAR 2024 (Values in Cr)
Revenue 17539.33
Operating Expense 15762.72
Net Profit 1154.03
Net Profit Margin (%) 6.57
Earnings Per Share (EPS) 18.17
EBITDA 3156.60
Effective Tax Rate (%) 37.16
Particulars MAR 2023 (Values in Cr)
Revenue 17301.02
Operating Expense 16564.38
Net Profit 519.95
Net Profit Margin (%) 3.00
Earnings Per Share (EPS) 9.11
EBITDA 2186.05
Effective Tax Rate (%) 35.94
Particulars MAR 2022 (Values in Cr)
Revenue 14649.40
Operating Expense 14424.68
Net Profit 261.06
Net Profit Margin (%) 1.78
Earnings Per Share (EPS) 4.11
EBITDA 1556.42
Effective Tax Rate (%) 25.48
Particulars MAR 2021 (Values in Cr)
Revenue 11733.40
Operating Expense 10791.86
Net Profit 722.82
Net Profit Margin (%) 6.16
Earnings Per Share (EPS) 11.72
EBITDA 2144.83
Effective Tax Rate (%) 31.29
Particulars MAR 2020 (Values in Cr)
Revenue 10832.70
Operating Expense 10515.55
Net Profit 508.62
Net Profit Margin (%) 4.69
Earnings Per Share (EPS) 8.89
EBITDA 1427.80
Effective Tax Rate (%) 12.51
Particulars MAR 2024 (Values in Cr)
Book Value / Share 218.85
ROE % 13.01
ROCE % 15.38
Total Debt to Total Equity 0.43
EBITDA Margin 17.91
Particulars MAR 2023 (Values in Cr)
Book Value / Share 198.00
ROE % 8.60
ROCE % 9.83
Total Debt to Total Equity 0.55
EBITDA Margin 13.83
Particulars MAR 2022 (Values in Cr)
Book Value / Share 184.99
ROE % 5.51
ROCE % 6.51
Total Debt to Total Equity 0.62
EBITDA Margin 12.95
Particulars MAR 2021 (Values in Cr)
Book Value / Share 180.13
ROE % 6.67
ROCE % 8.44
Total Debt to Total Equity 0.66
EBITDA Margin 16.92
Particulars MAR 2020 (Values in Cr)
Book Value / Share 173.53
ROE % 4.77
ROCE % 4.91
Total Debt to Total Equity 0.59
EBITDA Margin 12.12
Particulars MAR 2024 (Values in Cr)
Book Value / Share 164.33
ROE % 11.52
ROCE % 15.54
Total Debt to Total Equity 0.41
EBITDA Margin 18.01
Particulars MAR 2023 (Values in Cr)
Book Value / Share 151.11
ROE % 5.44
ROCE % 8.72
Total Debt to Total Equity 0.50
EBITDA Margin 12.65
Particulars MAR 2022 (Values in Cr)
Book Value / Share 149.82
ROE % 2.75
ROCE % 4.94
Total Debt to Total Equity 0.52
EBITDA Margin 10.65
Particulars MAR 2021 (Values in Cr)
Book Value / Share 149.10
ROE % 8.43
ROCE % 10.26
Total Debt to Total Equity 0.54
EBITDA Margin 18.31
Particulars MAR 2020 (Values in Cr)
Book Value / Share 134.41
ROE % 6.64
ROCE % 6.82
Total Debt to Total Equity 0.47
EBITDA Margin 12.93
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 922.12
Total Assets 26957.34
Total Liabilities 26957.34
Total Equity 13902.18
Share Outstanding 635100946
Price to Book Ratio 2.84
Return on Assets (%) 6.38
Return on Capital (%) 9.65
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 846.23
Total Assets 27353.01
Total Liabilities 27353.01
Total Equity 12578.19
Share Outstanding 635100946
Price to Book Ratio 2.12
Return on Assets (%) 3.82
Return on Capital (%) 5.76
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 1080.65
Total Assets 27145.80
Total Liabilities 27145.80
Total Equity 11752.13
Share Outstanding 635100946
Price to Book Ratio 1.28
Return on Assets (%) 2.35
Return on Capital (%) 3.56
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 2145.78
Total Assets 26035.27
Total Liabilities 26035.27
Total Equity 11443.13
Share Outstanding 635100946
Price to Book Ratio 1.50
Return on Assets (%) 1.34
Return on Capital (%) 1.96
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 749.59
Total Assets 23249.98
Total Liabilities 23249.98
Total Equity 9930.01
Share Outstanding 572049980
Price to Book Ratio 0.59
Return on Assets (%) 2.04
Return on Capital (%) 2.89
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 504.75
Total Assets 20043.90
Total Liabilities 20043.90
Total Equity 10439.42
Share Outstanding 635100946
Price to Book Ratio 2.84
Return on Assets (%) 5.75
Return on Capital (%) 8.47
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 510.66
Total Assets 20108.45
Total Liabilities 20108.45
Total Equity 9600.31
Share Outstanding 635100946
Price to Book Ratio 2.12
Return on Assets (%) 2.58
Return on Capital (%) 3.8
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 525.42
Total Assets 20568.85
Total Liabilities 20568.85
Total Equity 9518.47
Share Outstanding 635100946
Price to Book Ratio 1.28
Return on Assets (%) 1.26
Return on Capital (%) 1.88
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 1400.25
Total Assets 19163.44
Total Liabilities 19163.44
Total Equity 9472.56
Share Outstanding 635100946
Price to Book Ratio 1.50
Return on Assets (%) 3.77
Return on Capital (%) 5.23
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 236.58
Total Assets 16481.98
Total Liabilities 16481.98
Total Equity 7692.14
Share Outstanding 572049980
Price to Book Ratio 0.59
Return on Assets (%) 3.08
Return on Capital (%) 4.23
Particulars MAR 2024 (Values in Cr)
Net Income 2540.20
Cash from Operations 3823.80
Cash from Investing -710.67
Cash from Financing -2659.06
Net change in Cash 69.78
Free Cash Flow 4554.22
Particulars MAR 2023 (Values in Cr)
Net Income 1427.18
Cash from Operations 2353.50
Cash from Investing -478.41
Cash from Financing -1691.82
Net change in Cash -33.57
Free Cash Flow 3130.35
Particulars MAR 2022 (Values in Cr)
Net Income 847.67
Cash from Operations 2275.78
Cash from Investing -1172.16
Cash from Financing -1081.39
Net change in Cash -100.00
Free Cash Flow 4122.02
Particulars MAR 2021 (Values in Cr)
Net Income 561.21
Cash from Operations 2650.41
Cash from Investing -2344.31
Cash from Financing 152.15
Net change in Cash 257.05
Free Cash Flow 3840.63
Particulars MAR 2020 (Values in Cr)
Net Income 543.43
Cash from Operations 2609.82
Cash from Investing -2795.86
Cash from Financing 472.46
Net change in Cash 172.51
Free Cash Flow 5445.94
Particulars MAR 2024 (Values in Cr)
Net Income 1836.61
Cash from Operations 2395.00
Cash from Investing -434.67
Cash from Financing -1656.07
Net change in Cash -5.36
Free Cash Flow 2832.83
Particulars MAR 2023 (Values in Cr)
Net Income 811.76
Cash from Operations 1704.89
Cash from Investing -233.90
Cash from Financing -1115.24
Net change in Cash 184.47
Free Cash Flow 2230.26
Particulars MAR 2022 (Values in Cr)
Net Income 350.35
Cash from Operations 1702.78
Cash from Investing -887.10
Cash from Financing -658.03
Net change in Cash 70.08
Free Cash Flow 3262.67
Particulars MAR 2021 (Values in Cr)
Net Income 1052.03
Cash from Operations 1669.28
Cash from Investing -2160.58
Cash from Financing 666.66
Net change in Cash -0.23
Free Cash Flow 2651.87
Particulars MAR 2020 (Values in Cr)
Net Income 581.38
Cash from Operations 2022.48
Cash from Investing -2675.13
Cash from Financing 807.25
Net change in Cash 27.49
Free Cash Flow 4556.51
Company Name Price P/E P/B Market Cap 52 Week Low/High
BALKRISHNA IND. LTD 2594.75 28.29 5.33 50160.98 2157.20 / 3377.95
CEAT LIMITED 3061.40 24.04 2.94 12383.39 2211.00 / 3581.45
JK TYRE & INDUSTRIES LTD 307.20 13.91 1.78 8417.90 231.65 / 510.90
MRF LTD 132794.15 32.12 3.18 56319.90 100500.00 / 143598.95
Company Name Price P/E P/B Market Cap 52 Week Low/High
BALKRISHNA IND. LTD 2594.75 28.71 5.33 50160.98 2157.20 / 3377.95
CEAT LIMITED 3061.40 23.49 3.00 12383.39 2211.00 / 3581.45
GOODYEAR INDIA LTD. 883.40 44.26 3.48 2038.00 806.00 / 1260.00
JK TYRE & INDUSTRIES LTD 307.20 18.64 2.08 8417.90 231.65 / 510.90

APOLLO TYRES LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
471.90 3.49 redarrow
red-green-graph indicator
1 Bearish
15 Bullish
  • 5 Days 458.60
  • 26 Days 438.60
  • 10 Days 453.20
  • 50 Days 434.90
  • 12 Days 450.70
  • 100 Days 446.60
  • 20 Days 442.60
  • 200 Days 461.60
455.45 PIVOT

First Support

449.90

First Resistance

465.00

Second Support

440.35

Second Resistance

470.55

Third Support

434.80

Third Resistance

480.10

RSI

60.60

ADX

27.87

MACD

12.10

Williams % R

-18.52

Commodity Channel Index (CCI)

74.34

Date

2025-04-29

Week

358102.00

Same Day

324564.00

Month

565357.00

1 Year

1.01

3 Year

1.00

Over 1 Month

7.90%

down

Over 1 Year

-7.82%

down

Over 3 Months

7.54%

down

Over 3 Years

30.53%

down

Over 6 Months

-8.63%

down

Over 5 Years

36.66%

down

Invest with Confidence

Left Arrow
MTF boost
Buy Now. Pay Later

Boost your capital upto 5 X

img
IPO boost
Invest in IPOs
They give good returns
img
Right Arrow

APOLLO TYRES LTD shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
22.7%
Promoter Holdings
37.35%
FII
13.42%
DII
26.51%
Promoter Shares(Pledge Percentage)
1.16%
Name Shares Category
Sunrays Properties & Investment Co. Pvt. Ltd. 2.02284076E8 (31.85%) Shareholding of Promoter and Promoter Group
Emerald Sage Investment Ltd 6.3050966E7 (9.93%) Public Shareholding
Hdfc Trustee Company Ltd. A/c Hdfc Balanced Advant 5.9423692E7 (9.36%) Public Shareholding
Lici New Endowment Plus-growth Fund 3.6647175E7 (5.77%) Public Shareholding
Kotak Bluechip Fund 2.9863645E7 (4.7%) Public Shareholding
Classic Industries And Exports Limited 1.8696005E7 (2.94%) Shareholding of Promoter and Promoter Group
Government Of Singapore 1.8234769E7 (2.87%) Public Shareholding
Custodian A/c - Ashwin Shantilal Mehta 1.35073E7 (2.13%) Public Shareholding
Ptl Enterprises Limited 1.0745232E7 (1.69%) Shareholding of Promoter and Promoter Group
Kotak Funds - India Midcap Fund 9163867.0 (1.44%) Public Shareholding
Sundaram Mutual Fund A/c Sundaram Multi Cap Fund 6877404.0 (1.08%) Public Shareholding
Amit Dyechem Private Limited 1560595.0 (0.25%) Shareholding of Promoter and Promoter Group
Apollo Green Energy Limited 984485.0 (0.16%) Shareholding of Promoter and Promoter Group
Raaja R S Kanwar 200880.0 (0.03%) Shareholding of Promoter and Promoter Group
Onkar Kanwar 100000.0 (0.02%) Shareholding of Promoter and Promoter Group
Global Capital Limited 1000.0 (0.0%) Shareholding of Promoter and Promoter Group
Taru Kanwar 12250.0 (0.0%) Shareholding of Promoter and Promoter Group

News

Left Arrow
Right Arrow

APOLLO TYRES LTD corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Jul 2023 4.0 Final 14 Jul 2023 Equity shares
14 Jul 2023 0.5 Special 14 Jul 2023 Equity shares
16 Jun 2022 3.25 Final 17 Jun 2022 Equity shares
15 Jul 2021 3.5 Final 17 Jul 2021 Equity shares
04 Mar 2020 3.0 Interim 05 Mar 2020 Equity shares
23 Jul 2019 3.25 Final 25 Jul 2019 Equity shares
18 Jul 2018 3.0 Final 20 Jul 2018 Equity shares
27 Jun 2017 3.0 Final 29 Jun 2017 Equity shares
01 Aug 2016 2.0 Final 03 Aug 2016 Equity shares
04 Aug 2015 2.0 Final 06 Aug 2015 Equity shares
17 Jul 2014 0.75 Final 21 Jul 2014 Equity shares
18 Jul 2013 0.5 Final 22 Jul 2013 Equity shares
30 Jul 2012 0.5 Final 01 Aug 2012 Equity shares
26 Jul 2011 0.5 Final 28 Jul 2011 Equity shares
14 Jul 2010 0.75 Final 16 Jul 2010 Equity shares
29 Jun 2009 0.45 Final 01 Jul 2009 Equity shares
27 Jun 2008 0.5 Final 01 Jul 2008 Equity shares
23 Mar 2007 0.45 Final 27 Mar 2007 Equity shares
21 Aug 2006 4.5 Final 23 Aug 2006 Equity shares
29 Jun 2005 0.0 Final 01 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
17 Aug 2007 10.0 1.0 27 Aug 2007
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Jul 2023 4.0 Final 14 Jul 2023 Equity shares
14 Jul 2023 0.5 Special 14 Jul 2023 Equity shares
16 Jun 2022 3.25 Final 17 Jun 2022 Equity shares
15 Jul 2021 3.5 Final 17 Jul 2021 Equity shares
04 Mar 2020 3.0 Interim 05 Mar 2020 Equity shares
23 Jul 2019 3.25 Final 25 Jul 2019 Equity shares
18 Jul 2018 3.0 Final 20 Jul 2018 Equity shares
27 Jun 2017 3.0 Final 29 Jun 2017 Equity shares
01 Aug 2016 2.0 Final 03 Aug 2016 Equity shares
04 Aug 2015 2.0 Final 06 Aug 2015 Equity shares
17 Jul 2014 0.75 Final 21 Jul 2014 Equity shares
18 Jul 2013 0.5 Final 22 Jul 2013 Equity shares
30 Jul 2012 0.5 Final 01 Aug 2012 Equity shares
26 Jul 2011 0.5 Final 28 Jul 2011 Equity shares
14 Jul 2010 0.75 Final 16 Jul 2010 Equity shares
29 Jun 2009 0.45 Final 01 Jul 2009 Equity shares
27 Jun 2008 0.5 Final 01 Jul 2008 Equity shares
23 Mar 2007 0.45 Final 27 Mar 2007 Equity shares
21 Aug 2006 4.5 Final 23 Aug 2006 Equity shares
29 Jun 2005 0.0 Final 01 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
17 Aug 2007 10.0 1.0 27 Aug 2007

Apollo Tyres Share Result Highlights

A company's quarterly results have a vital impact on its stock, and the same is true for Apollo Tyres’ share price. In Q2 (September 2024), the company posted sales of ₹6,437 crore, showing a 2.51% year-on-year (YoY) increase. Operating profit stood at ₹878 crore, reflecting an operating profit margin (OPM) of 14%. Profit before tax decreased to ₹399 crore from ₹423 crore in June 2024, and ₹680 crore in the same quarter last year. Profit after tax also dropped to ₹297 crore, compared to ₹302 crore in June 2024 and ₹474 crore in September 2023. These results indicate a slowdown in profit growth compared to the previous year, primarily driven by increased costs and market conditions.

Apollo Tyres Share Annual Reports

For FY24, Apollo Tyres recorded sales of ₹25,378 crore, a 3.3% increase from ₹24,568 crore in FY23. The company achieved a profit after tax of ₹1,722 crore, a significant improvement from ₹1,046 crore in the previous year. The earnings per share (EPS) for the year stood at ₹27.11, up from ₹16.47 in FY23, reflecting strong profitability growth. These annual results highlight the company's resilience in generating steady revenue growth while improving its bottom line. The CAGR of Apollo Tyres’ share price in the last 1-year period was 19%.

Apollo Tyres Share Dividend

Apollo Tyres offers a dividend yield of 1.21%, with a payout ratio of 22%. This indicates the company’s focus on returning capital to shareholders while maintaining sufficient resources for business expansion and reducing debt. The dividend payout aligns with the company’s stable earnings and commitment to rewarding shareholders. With a solid return on equity (ROE) of 13.2%, Apollo Tyres has been efficient in deploying capital to generate profits and consolidate liabilities.

Popular FAQs

Who is the CEO of Apollo Tyres Ltd ?

Mr. Onkar Kanwar is the Chairman while Mr. Neeraj Kanwar is the Vice Chairman & Managing Director of Apollo Tyres Ltd.

 

When was Apollo Tyres Ltd  established?

Apollo Tyres Ltd was established in 1972 and has grown to become one of the largest tyre manufacturers in India and globally.

 

What factors influence the Apollo Tyres Share Price?

Apollo Tyres share price is influenced by factors such as demand in the automotive sector, raw material costs, tyre sales volume, and the company’s financial results.

 

Is Apollo Tyres Ltd debt free?

No, Apollo Tyres Ltd is not debt free, but it effectively manages its debt to support growth and expansion in the tyre manufacturing industry.

 

What is the CAGR of Apollo Tyres Share?

The CAGR of Apollo Tyres share is 8% over 10 years, 24% over 5 years, and close to 30% over the last 3 years.

 

How has the Apollo Tyres Share Price performed over the past year?

Over the past year, Apollo Tyres Ltd’s share price has increased by 19%, reflecting strong demand in the automotive sector and positive market conditions for tyre manufacturers.

APOLLO TYRES LTD Share Price

Apollo Tyres Limited is the leading tyre manufacturing company in India, which was incorporated on 28 September, 1972 and started production with its first manufacturing plant in at Perambra in Kerala. At present, Company is engaged in manufacturing and sale of automobile tyres and tubes. Its largest operations are in India and comprises five tyre manufacturing plants, two located in Cochin and one each at Vadodara, Chennai and Andhra Pradesh and various sales and marketing offices spread across the country. It also has sales and marketing subsidiaries in Middle East, Africa and ASEAN region. Outside India, the company has a manufacturing facility each in The Netherlands and Hungary.

In the year 1991, the company commissioned their second plant at Limda in Gujarat. In the year 1995, they acquired Premier Tyres at Kalamassery in Kerala. In the year 1996, exclusive tubes plant commissioned in Ranjangoan in Maharashtra and in the year 2000, they established exclusive radial capacity in Limda.

On November 17, 2003, the company entered into an strategic alliance Michelin, France for setting up a joint venture company namely Michelin Apollo Tyres Pvt Ltd for producing dual branded truck & bus radial tyres in India. In the year 2004, they produced India's first H-speed rated tubeless passenger car radial tyres. Also they increased the production capacity of Automobile Tyres and Automobiles Tubes by 1283560 Nos and 414000 Nos respectively and in the next year, they further increased the production capacity by 1466432 Nos and 1567200 Nos respectively.

During the year 2005-06, the company incorporated a wholly owned subsidiary company, Apollo (Mauritius) Holdings Pvt Ltd in Mauritius and they also formed Apollo Automotive Tyres Ltd and Apollo Radial Tyres Ltd as wholly owned subsidiaries of the company. In the same year, PTL Enterprises Ltd ceased to be a subsidiary company. Also, the company realigned their relationship with Michelin and exited from the joint venture company Michelin Apollo Tyres (P) Ltd.

The company increased the production capacity of Automobiles Tyres and Automobile Tubes by 1045632 Nos and 1379360 Nos respectively during the year 2005-06 and they further increased the production capacity by 888340 Nos and 218440 Nos during the next year. During the year 2007-08, they increased the production capacity of Automobile Tyres by 836620 Nos. Thus the total capacity for Automobile Tyres and Automobile Tubes increased to 9659232 Nos and 6741000 Nos.

On April 21, 2006, the company acquired Dunlop Tyres International (Pty) Ltd, South Africa. During the year 2006-07, they increased the manufacturing capacity of Camel Back/Pre Cured Tread Rubber by 217000 Nos to 220000 Nos and in the next year they further increased to 248040 Nos.

The company incorporated Apollo Tyres AG, Switzerland as a wholly owned subsidiary with effect for July 4, 2007. Also, two subsidiaries namely Apollo Automotive Tyres Ltd and Apollo Radical Tyres Ltd have been desubsidiarized with effect from December 21 2007.

In May 2008, the company opened their first full-services branded commercial vehicle tyre outlet called Apollo Trust in Salem, Tamilnadu. In September 2008, Apollo Tyres launches XT-100K which is a cross-ply tyres designed for unmatched performances.On 10 February 2011, Apollo Tyres formally inaugurated its 9th global tyre manufacturing unit and the 4th in India on the outskirts of Chennai city. The Chennai plant currently produces 7000 passenger vehicle tyres and 1300 commercial vehicle tyres a day. At its terminal capacity, production is expected to reach 16,000 passenger vehicle and 6,000 commercial vehicle tyres a day.

On 30 May 2011, Apollo Tyres announced the launch of India's only full-service outlet for commercial vehicles Apollo Commercial Vehicle (CV) Zone on the outskirts of Delhi, in Sanjay Gandhi Transportnager.

On 14 June 2011, Apollo Tyres announced its entry into Sri Lanka market through a tie-up with Ideal Motors, the automobile distribution and marketing arm of the Ideal Group of Companies. Initially Apollo Tyres will focus on passenger vehicle and cross-ply truck and light truck tyres. This will be gradually expanded over time to include Apollo's entire range currently sold in India, including truck bus radial, agriculture and off-highway tyres, if and when needed.

On 10 May 2012, Apollo Tyres announced that its consolidated revenue crossed yet another milestone of US$ 2.5 billion in the year 2011-12 despite challenging circumstances.

On 14 January 2013, Apollo Tyres announced the opening up of its global R&D centre in Enschede, the Netherlands. This state-of-the-art facility will serve as a hub for the development and testing of car and van tyres for all product brands -- Apollo, Vredestein and Dunlop (32 countries in Africa) -- of the company. On 2 May 2013, Apollo Tyres inaugurated its Sales Office in Bangkok to serve the entire ASEAN region, with Thailand as the hub of operations. The ASEAN region has gradually become one of Apollo's strongest export markets, out of India, accounting for more than 40% of exports revenue.

On 12 June 2013, Apollo Tyres and Cooper Tire & Rubber Company (NYSE: CTB) announced the execution of a definitive merger agreement under which a wholly-owned subsidiary of Apollo will acquire Cooper in an all-cash transaction valued at approximately Rs 14500 crore. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both companies, Cooper stockholders will receive $35 per share in cash. The transaction represents a 40% premium to Cooper's 30-day volume-weighted average price. Cooper, the 11th-largest tire company in the world by revenue, was founded in 1914 and supplies premium and mid-tier tires worldwide through renowned brands such as Cooper, Mastercraft, Starfire, Chengshan, Roadmaster and Avon. The combined company will be the seventh-largest tire company in the world and will have a strong presence in high-growth end-markets across four continents. With a combined $6.6 billion in total sales in 2012, the combined company will have a full range of brands and greater ability to satisfy customer needs worldwide. The transaction is expected to be immediately accretive to Apollo's earnings.

On 2 December 2013, Apollo Tyres announced the closure of the transaction with Sumitomo Rubber Industries (SRI), wherein SRI takes over Apollo Tyres South Africa (ATSA) including the Ladysmith passenger car tyre plant, and the Dunlop brand rights that Apollo had in 32 countries of Africa, for US$ 60 million. Apollo retains the Durban plant which manufactures Truck & Bus Radial (TBR) tyres and Off Highway tyres (OHT) used in the mining and construction industries. Post this transaction, Apollo Tyres will continue to sell Apollo, Vredestein and Regal branded tyres in Africa, and at the same time focus on creating and strengthening its sales and distribution network across the continent.

On 5 December 2013, Apollo Tyres announced the introduction of its premium European brand, Vredestein in India. These premium tyres would be sold through multi-branded outlets, including existing Apollo Zones.On 26 February 2014, Apollo Tyres announced its entry into the growing Qatar market in the Middle East region. The entry was marked with a product introduction to the Business Partners in Qatar. This entry is part of the company's strategy to enter newer markets across geographies.

On 15 May 2014, Apollo Tyres announced that its consolidated net profit crossed Rs 1000 crore in financial year 2013-14. The Board of Directors of the company at its meeting held on 15 May 2014 approved Greenfield project in Eastern Europe, at a project cost of about Euro 500 million over the next 4 years, funded with internal accruals and debt at its European subsidiary. The planned capacity of the Greenfield project is expected to be 16000 passenger car tyres per day and 3000 Truck Bus Radial Tyres per day.

On 13 December 2014, Apollo Tyres announced the launch of the dual branded Apollo & Manchester United tyres in Thailand. Thailand is the first country in Asia, and only the second country globally, after United Kingdom, to see the launch of the Manchester United branded tyre. The tyres will be available at Apollo's retail network partners nationwide with prices starting at Baht 2000 per tyre depending on size of tyres that range from 15-16 inches for the market in Thailand.

On 26 August 2015, Apollo Tyres announced that it has successfully closed a Rs 300 million financing for its Greenfield plant in Hungary. An international consortium of banks consisting of ABN AMRO Bank N.V., Magyar Export-Import Bank Zrt., Raiffeisen Bank Zrt., Standard Chartered Bank and UniCredit Bank Hungary Zrt. supported the company and provided the debt financing.

On 5 October 2015, Apollo Tyres inaugurated it first branded retail outlet in Lebanon. Branded as Apollo Zone, this outlet is designed to provide customers with an enhanced retail experience and a better feel for the brand and products on display, including passenger car, truck- bus and agriculture tyres.

On 26 October 2015, Apollo Tyres inaugurated two new Apollo Zones - the company's branded retail outlets -- in Amman, Jordan. These outlets are designed to provide customers with an enhanced retail experience and a better feel for the brand and products on display, including passenger car, truck-bus and agriculture tyres.

On 16 November 2015, Apollo Tyres announced the acquisition of Reifencom GmbH, one of the largest tyre distributors in Germany for Euro 45.6 million. Reifencom GmbH has an online presence in 6 countries -- Germany, France, Italy, Austria, Switzerland and Denmark. In addition, it operates 37 stores and service centers across Germany.

On 7 March 2016, Apollo Tyres launched Apollo Acti series two wheeler tyre, thereby making its foray in two wheeler tyre segment. Designed and developed at the company's Global R&D Centre in Chennai, Apollo Acti series for bikes and scooters, would cover nearly 85% of the replacement market for two-wheeler tyres in India.

On 30 May 2016, Apollo Tyres inaugurated the company's Malaysian office. Subsequent to setting-up its sales & distribution hub in Bangkok for the ASEAN region, Apollo Tyres has been increasingly focusing on expanding its footprint in South East Asia. The company is targeting a bigger share of the pie in the Malaysian replacement tyre market, which has an annual capacity of 580,000 truck-bus radials and 9.5 million passenger car tyres. Apollo Tyres is building a complete team of sales and service personnel to service the Malaysian customers.

On 15 September 2016, Apollo Tyres launched three new truck-bus radials Apollo EnduRace RD HD, Apollo EnduMile LHD and Apollo EnduComfort CA. The new product introduction is part of the company's overall strategy to dominate the truck-bus radial category in India

On 9 November 2016, Apollo Tyres formally inaugurated its Global R&D Centre, Asia just outside the southern Indian city of Chennai. This is company's 2nd Global R&D Centre, after the Global R&D Centre, Europe in the Netherlands, which is operational since 2013. On 10 April 2017, Apollo Tyres introduced Apollo Apterra HT2 tyre for the growing 4x4 and SUV segment and the actiZip F2 and actiZip R3 tubeless tyres for motorcycles.

On 10 April 2017, Apollo Tyres formally inaugurated its tyre manufacturing unit in Hungary. Located less than 100 km from the capital Budapest, this is Apollo Tyres' first greenfield facility outside India. This facility will help us further increase the company's presence and market share in Europe. The company is investing Euro 475 million in this facility. The final capacity at the end of Phase I would be 5.5 million passenger car & light truck (PCLT) tyres and 675,000 commercial vehicle tyres. This facility will complement Apollo Tyres' existing facility in the Netherlands, and will produce both Apollo and Vredestein brand of tyres for the European market.

On 27 April 2017, Apollo Tyres announced its debut in the extremely competitive Truck and Bus Radial (TBR) tyre segment in Europe at the ongoing Commercial Vehicle Show in Birmingham. It has also become the first and only manufacturer to launch its TBR range exclusively online, with a new go-to-market approach.

On 18 July 2017, Apollo Tyres announced the launch of its two-wheeler tyres in Sri Lanka. Since its introduction in the Sri Lankan market in 2011, Apollo's products have been well accepted across the country; and, this has prompted the company to introduce its two-wheeler range as well to service the estimated 250,000 - 300,000 vehicles a year market.

On 6 September 2017, Apollo Tyres announced that the company's premiere tyre brand, Vredestein, has been selected as a fitment on the Volkswagen Polo, SEAT Ibiza and Ford EcoSport, and the supplies have already begun to these European Original Equipment Manufacturers. By entering the supply chains of world-leading carmakers such as Volkswagen, Ford and SEAT, Apollo Tyres has embarked on a very important journey with European OEMs.

On 10 October 2017, the company had issued and allotted 63,025,210 Equity Shares to eligible qualified institutional buyers at the issue price of Rs 238/- per share (including premium of Rs 237/- per share) aggregating to Rs 15,000 million, through private placement under QIP. Pursuant to the allotment, the paid up equity share capital of the Company stands increased from Rs 509,024,770 to Rs 572,049,980 comprising of 572,049,980 Equity Shares of Rs 1/- each.

The foundation stone of Apollo Tyres' ultra modern global scale manufacturing facility located in Chinnapanduru village, Chittoor district, in the state of Andhra Pradesh was laid on 10 January 2018. Apollo Tyres has purchased 200 acres of land from the AP Govt for the manufacturing facility, and would be investing close to Rs 1800 crore in the first phase. The construction will start within the next 6 months, and the tyres are expected to start rolling out from this facility in the following 24 months. The company plans to start with manufacturing of passenger vehicle tyres in this facility, due to the growing demand in this segment, and will later on expand to start producing other product categories as well.

On 5 March 2018, Apollo Tyres announced that it is launching a brand-new summer tyre onto the market called the Apollo Aspire XP. Leveraging on the very latest developments in terms of construction and material technologies, the Aspire XP combines outstanding levels of on-road comfort with a high degree of safety. Featuring a total line-up of 52 SKUs, the Aspire XP replaces Apollo's range of Aspire 4G and Apterra HP tyres.

As on March 31, 2019, your Company had 37 Overseas Subsidiary Companies (including step subsidiaries), 2 Associate Companies and 1 Joint Venture company under its roof.

Apollo (South Africa) Holdings (Pty) Ltd. had executed a sale of shares agreement with Tacoma Foods (Pty) Ltd. to sell its entire stake in Pressurite (Pty) Limited effective 31 May 2019. Hence Pressurite (Pty) Limited is no more an Associate Company of Apollo (South Africa) Holdings (Pty) Limited.

As on March 31, 2020, Company had 35 Overseas Subsidiary Companies (including step subsidiaries), 1 Associate Company and 1 Joint Venture.

In FY20, the Company's launched tyres for both Truck Bus Bias (TBB) and Truck Bus Radial (TBR) for the new axle load norms for trucks in the Medium and Heavy Commercial Vehicle (M&HCV) category. In one of the fastest growing segment of the LCV/SCV category, Pickups, the Company launched the Endumaxx LT range and offered unmatched cost of ownership, highest mileage, a very durable product and fuel savings. The Passenger Vehicle category saw the Company introducing its 2nd generation All-Terrain SUV tyres, Apterra AT2, for the off-road enthusiasts. Further, the Company introduced Amazer XP, a new age low rolling resistance tyre with low noise and high comfort for the entry level hatchbacks and sedans. This launch was very well received by OEMs as well and readily bagged new OEM fitment for Tata Tigor, Tiago (including the Electric Vehicle models), Renault Kwid, Datsun Go and Go+. It introduced products like VIRAT 23 and VIRAT Harvest in the e agriculture segment. It launched 17 new SKUs for the higher premium bikes and scooters and extended its steel radial portfolio with the launch of two new SKUs - Alpha S1 140/60 R17 and 130/70 R17 in the two-wheeler segment. In Europe, Vredestein was recognised as All-Season Manufacturer of the Year' by Auto Bild. The year also saw success in adding Volkswagen (for VW Golf Mark 8) to the expanding OEM list. It launched an additional SKUs on the 17.5' range bringing its market coverage on 17.5' range to 70% in the TBR segment in Europe. In Agricultural segment, it introduced the world's tallest radial flotation tyre and set new standards in terms of rolling ability and soil preservation and in a world-beating diameter of 2.15 metres. This was followed by the introduction of a new tractor tyre, the Vredestein Traxion 65. In the bicycle tyres, it was a proud recipient of the coveted Eurobike Award for its Vredestein Fortezza Flower Power bicycle tyre. In the Motorcyle segment, it introduced the Centauro range of sport touring radial tyres designed especially for motorcycles on European roads. The Company was allocated ~256 acres land by Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for setting up project. It obtained pre establishment approvals from various Departments including Consent for Establishment, Building plan approval and Fire NOC before start of construction in November, 2018.

During FY20, the company has completed its Greenfield project within the agreed timelines. Production ramp up for both Passenger car & Commercial vehicle tyres continued during the year.

In FY21, the Company inaugurated its new greenfield plant in Andhra Pradesh, India. For other countries in the APMEA A (Asia Pacific, the Middle East and Africa) region, it continued seeding the markets with country-specific products, building brand salience and expanding distribution networks. In the Truck Bus Bias (TBB) segment, it launched its bias rib tyre, Apollo Abhimanyu, which became the new benchmark of performance within the segment. In addition, the premium drive tyre, Apollo XT100 HD, was launched. In the Light Commercial Vehicle (LCV) segment, the Company continued to play on its strength of radials and dominated the market with an extremely high replacement market share. The product quality gained favour with the OEMs, which led to Apollo earning one of the highest shares of its business. In Pickup and SCV radials, the Company's EnduMaxx LT initiated its journey towards leadership. In the replacement market, it gained market share and found fitments in reputed OEMs, including Ashok Leyland, Tata Motors and Isuzu. Increased focus on rural journeys also supported the growth in this segment. It continued to cement its market leadership position in India in the Passenger Vehicles (PV) segment. The growth strategy was driven by high decibel marketing campaigns, expansion of its distribution footprint, new product launches and increasing the base of OEM clients. In the passenger car segment, the Company saw strong growth across all its brands. The Aspire 4G range, which is known for its exceptional high-speed braking and control, posted a strong growth and reinforced its presence in the luxury segment owing to range expansion, multiple branding initiatives and increasing penetration among the dealers. Having expanded its Aspire 4G portfolio, the Company can cater to a wide range of luxury car brands, such as Audi A6, Ford Mustang, BMW 3 Series, Mercedes CLS, Mercedes M Class, Porsche Cayenne and VW Touareg. The other brands for the segment, including the Alnac and Amazer, posted strong growth. In fact, the Company recorded an unsurpassed figure of about 345,000 units of Amazer 4G Life in the month of March 2021. On the OEM front, Apollo witnessed positive growth due to the revival in OEM sales. It also added OE fitment to its portfolio for prominent OEMs, such as Creta and Venue from Hyundai and Seltos and Sonet from Kia. It launched a dedicated tyre for the CSUVs-Apterra Cross. By expanding its already strong portfolio, It introduced next generation products for backhoe loaders, graders and compactors under the Terra' brand. In the Earthmover category, Apollo Tyres continued to bag key tenders with Coal India. It inaugurated its motorcycle tyre plant in Limda, Gujarat, for high-end X-ply and steel radial products. In the high-end X-ply products for premium motorcycles, the Company launched a specialised off-road pattern for Royal Enfield motorcycles, actiGRIP R6 and actiGRIP F6. For CV segment, the Company focused on expanding its retail network of Apollo CV Zones, which offer best-in-class tyre service to commercial truck and bus fleets. It launched first motorcyclingbased web series with PowerDrift. It continued connecting with its loyal communities across cities via digital variants of its flagship Bad Road Buddies' initiative and regional biking. In the CV space, the Company continued to build the driver connect programme, Apollo Swastha Saathi'. The programme expanded to include new districts and has been recognised by the driver community for ensuring their health and safety, especially during the pandemic. Building a strong brand across segments, the Company become the first Indian tyre company to introduce the branded retail concept in agriculture tyres and opened four Apollo Farm Zones' during the year. It also expanded its concept of Apollo Farm Points' with more than 200 additions in FY21. Beyond expanding the retail network, it connected with end consumers through digital and social media platforms. It organised the second edition of Apollo Farm Power Awards in collaboration with ICFA (Indian Chamber of Food & Agriculture) to recognise the best tractor models introduced in India across different categories. This event was graced by the Agriculture Union Minister with active participation from all key OEMs. With operations in key countries like Thailand, South Africa, Philippines, UAE, Ethiopia and Indonesia-in the APMEA region, it continued to invest in creating brand, working on requirements of each region to bring country specific products. In the agricultural segment, the Company witnessed stable sales and continued to hold on its market share. It added new OEM customers, including Caterpillar and Liebherr, and posted growth as a consequence of strong replacement volumes in the Industrial Construction segment.

As on March 31, 2022, your Company had 34 Overseas Subsidiary Companies (including step subsidiaries), 1 wholly owned Subsidiary in India, 2 Associate Companies and 1 Joint Venture.

During the year 2022, the Company had made an investment of Rs. 49 million in the equity share capital of Apollo Tyres Centre of Excellence Ltd, a wholly owned Subsidiary of the company. Also it made an investment of Rs 93 million by purchasing 11,66,250 Equity Shares (27.2%) of CSE Deccan Solar Private Limited on January 14, 2022, for its Chennai Plant. Consequent to this investment, CSE Deccan Solar Private Limited was made an Associate Company.

During 2023, the Company introduced a Moto-Cross Tyre brand, Tramplr' in the two-wheeler segment; launched Quatrac Pro EV specifically designed for electric vehicles; launched All-Terrain tyre, the Vredestein Pinza in Europe; launched Apollo Apterra AT2 in SUV segment, and Apollo Endutrax MA in the CV segment. It achieved a milestone for flagship CV product, Endurace LD, posting sales of over 10 million units since its inception in 2010; launched Vredestein premium motorcycle tyres in Bangkok, Thailand, strengthening its product offering in the ASEAN market; launched Go The Distance' Pitch built with repurposed tyres at its manufacturing facility in Andhra Pradesh; introduced a new Vredestein VF Flotation tyre for optimum soil preservation; launched new generation Agriculture tyres, VIRAT' range in Chandigarh; launched Micro-Mobility tyre - The Vredestein Cargo; introduced the Tramplr range of Enduro Off-road and Enduro Street tyres for Indian premium motorcycles market (150 - 500 cc).

The Company launched Avolve, to its business, at commercial vehicle fleet operators in FY24. It implemented an advanced manufacturing execution system (AMES) across all its plants and operations. It announced a partnership with NATRAX, a leading provider of testing & validation services, to establish India's first test track specifically designed for Electric Vehicles (EVs) and low rolling resistance tyres. In another milestone, TMT Tanks & Trailers, a leading Italian trailer manufacturer, selected Apollo Tyres' EnduRace RT2 tyre as original
equipment for its premium moving floor' truck trailers. This partnership marked a significant expansion of the OE relationships across the Europe market in 2024.

Parent organization Singh Raunaq
NSE symbol APOLLOTYRE
Founded 1972
stock

Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
Right Arrow

Similar stocks

Left Arrow
Right Arrow

Frequently Asked Questions

What is the Share Price of Apollo Tyres Ltd?

Answer Field

The share price of Apollo Tyres Ltd for NSE is ₹ 471.9 and for BSE is ₹ 471.05.

What is the Market Cap of Apollo Tyres Ltd?

Answer Field

The market cap of Apollo Tyres Ltd for NSE is ₹ 2,99,70.41 Cr. and for BSE is ₹ 2,99,16.43 Cr. as of now.

What is the 52 Week High and Low of Apollo Tyres Ltd?

Answer Field

The 52 Week High and Low of Apollo Tyres Ltd for NSE is ₹ 584.90 and ₹ 370.90 and for BSE is ₹ 584.65 and ₹ 368.00.

How to Buy Apollo Tyres Ltd share?

Answer Field

You can trade in Apollo Tyres Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Apollo Tyres Ltd?

Answer Field

The 1 year returns on the stock has been -7.82%.

What is the Current Share Price of Apollo Tyres Ltd?

Answer Field

Apollo Tyres Ltd share price is for NSE ₹ 471.9 & for BSE ₹ 471.05 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Apollo Tyres Ltd Share?

Answer Field

The market cap of Apollo Tyres Ltd for NSE ₹ 2,99,70.41 & for BSE ₹ 2,99,16.43 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Apollo Tyres Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Apollo Tyres Ltd share is 41.85.

What is the PB ratio of Apollo Tyres Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Apollo Tyres Ltd share is 163.67.

How to Buy Apollo Tyres Ltd Share?

Answer Field

You can trade in Apollo Tyres Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Apollo Tyres Ltd Share on Bajaj Broking App?

Answer Field

To buy Apollo Tyres Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Apollo Tyres Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|