About
Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. It offers commercial, passenger vehicles, two-wheelers, industrial, trucks and buses, off highway vehicals, light trucks, agricultural, earthmover, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap27,281 Cr
P/E12.80
Div Yield1.40 %
Book Value₹263.00
52w High₹540.00
52w Low₹365.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,398.00 | 7,336.00 | 7,743.00 | 6,831.00 | 6,561.00 | 6,424.00 | 6,928.00 | 6,437.00 | 6,335.00 | 6,258.00 | 6,595.00 | 6,280.00 | 6,245.00 |
| Expenses | 6,530.00 | 6,267.00 | 6,557.00 | 5,810.00 | 5,693.00 | 5,586.00 | 5,981.00 | 5,559.00 | 5,426.00 | 5,230.00 | 5,387.00 | 5,120.00 | 5,193.00 |
| Operating Profit | 868.00 | 1,069.00 | 1,186.00 | 1,021.00 | 868.00 | 837.00 | 947.00 | 878.00 | 909.00 | 1,028.00 | 1,208.00 | 1,160.00 | 1,051.00 |
| OPM % | 12.00 | 15.00 | 15.00 | 15.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 16.00 | 18.00 | 18.00 | 17.00 |
| Other Income | 82.00 | -421.00 | 23.00 | -150.00 | -351.00 | -91.00 | 4.00 | 17.00 | -10.00 | 38.00 | 3.00 | 13.00 | 22.00 |
| Depreciation | 391.00 | 397.00 | 385.00 | 383.00 | 378.00 | 377.00 | 376.00 | 376.00 | 370.00 | 388.00 | 368.00 | 360.00 | 362.00 |
| Interest | 91.00 | 90.00 | 100.00 | 101.00 | 101.00 | 109.00 | 111.00 | 120.00 | 107.00 | 115.00 | 123.00 | 133.00 | 135.00 |
| Profit before tax | 468.00 | 162.00 | 723.00 | 386.00 | 38.00 | 260.00 | 465.00 | 399.00 | 423.00 | 563.00 | 721.00 | 680.00 | 576.00 |
| Tax % | 25.00 | -290.00 | 35.00 | 33.00 | 66.00 | 29.00 | 27.00 | 25.00 | 29.00 | 37.00 | 31.00 | 30.00 | 31.00 |
| Net Profit | 349.00 | 631.00 | 471.00 | 258.00 | 13.00 | 185.00 | 337.00 | 297.00 | 302.00 | 354.00 | 497.00 | 474.00 | 397.00 |
| EPS in Rs | 5.49 | 9.93 | 7.41 | 4.06 | 0.20 | 2.91 | 5.31 | 4.68 | 4.76 | 5.58 | 7.82 | 7.47 | 6.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 28,471.00 | 26,123.00 | 25,378.00 | 24,568.00 | 20,948.00 | 17,397.00 | 16,350.00 | 17,549.00 | 14,843.00 | 13,180.00 | 11,849.00 | 12,815.00 |
| Expenses | 24,300.00 | 22,528.00 | 20,909.00 | 21,235.00 | 18,353.00 | 14,579.00 | 14,392.00 | 15,573.00 | 13,175.00 | 11,313.00 | 9,840.00 | 10,876.00 |
| Operating Profit | 4,170.00 | 3,595.00 | 4,468.00 | 3,333.00 | 2,595.00 | 2,818.00 | 1,958.00 | 1,976.00 | 1,668.00 | 1,867.00 | 2,008.00 | 1,939.00 |
| OPM % | 15.00 | 14.00 | 18.00 | 14.00 | 12.00 | 16.00 | 12.00 | 11.00 | 11.00 | 14.00 | 17.00 | 15.00 |
| Other Income | -900.00 | -80.00 | 77.00 | 64.00 | 118.00 | -478.00 | 24.00 | -77.00 | 114.00 | 148.00 | 110.00 | -31.00 |
| Interest | 419.00 | 470.00 | 527.00 | 551.00 | 465.00 | 463.00 | 300.00 | 199.00 | 177.00 | 118.00 | 101.00 | 189.00 |
| Depreciation | 1,543.00 | 1,498.00 | 1,478.00 | 1,419.00 | 1,400.00 | 1,315.00 | 1,138.00 | 813.00 | 593.00 | 462.00 | 427.00 | 388.00 |
| Profit before tax | 1,309.00 | 1,547.00 | 2,540.00 | 1,427.00 | 848.00 | 561.00 | 543.00 | 888.00 | 1,012.00 | 1,436.00 | 1,591.00 | 1,331.00 |
| Tax % | -5.00 | 28.00 | 32.00 | 27.00 | 25.00 | 38.00 | 12.00 | 23.00 | 28.00 | 23.00 | 29.00 | 27.00 |
| Net Profit | 1,372.00 | 1,121.00 | 1,722.00 | 1,046.00 | 639.00 | 350.00 | 476.00 | 680.00 | 724.00 | 1,099.00 | 1,123.00 | 978.00 |
| EPS in Rs | 21.61 | 17.66 | 27.11 | 16.47 | 10.06 | 5.51 | 8.33 | 11.88 | 12.65 | 21.59 | 22.06 | 19.21 |
| Dividend Payout % | 28.00 | 28.00 | 22.00 | 27.00 | 32.00 | 63.00 | 36.00 | 27.00 | 24.00 | 14.00 | 9.00 | 10.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 57.00 | 57.00 | 57.00 | 51.00 | 51.00 | 51.00 |
| Reserves | 16,652.00 | 14,702.00 | 13,839.00 | 12,515.00 | 11,689.00 | 11,380.00 | 9,873.00 | 9,983.00 | 9,719.00 | 7,239.00 | 6,554.00 | 4,991.00 |
| Borrowings | 3,675.00 | 4,410.00 | 4,905.00 | 6,421.00 | 7,061.00 | 7,334.00 | 6,764.00 | 5,111.00 | 4,661.00 | 3,437.00 | 1,547.00 | 1,106.00 |
| Other Liabilities | 8,643.00 | 8,051.00 | 8,068.00 | 8,282.00 | 8,228.00 | 7,040.00 | 6,512.00 | 5,000.00 | 5,620.00 | 4,507.00 | 3,442.00 | 2,451.00 |
| Total Liabilities | 29,034.00 | 27,227.00 | 26,875.00 | 27,281.00 | 27,041.00 | 25,816.00 | 23,205.00 | 20,151.00 | 20,058.00 | 15,233.00 | 11,594.00 | 8,600.00 |
| Fixed Assets | 16,487.00 | 16,411.00 | 17,006.00 | 17,653.00 | 17,591.00 | 16,420.00 | 15,448.00 | 11,754.00 | 10,403.00 | 6,692.00 | 5,214.00 | 4,382.00 |
| CWIP | 1,077.00 | 435.00 | 348.00 | 253.00 | 618.00 | 1,107.00 | 1,642.00 | 1,539.00 | 2,304.00 | 2,915.00 | 994.00 | 218.00 |
| Investments | 62.00 | 45.00 | 532.00 | 436.00 | 481.00 | 110.00 | 19.00 | 6.00 | 1,342.00 | 396.00 | 506.00 | 101.00 |
| Other Assets | 11,408.00 | 10,335.00 | 8,989.00 | 8,940.00 | 8,350.00 | 8,181.00 | 6,096.00 | 6,852.00 | 6,008.00 | 5,230.00 | 4,880.00 | 3,899.00 |
| Total Assets | 29,034.00 | 27,227.00 | 26,875.00 | 27,281.00 | 27,041.00 | 25,816.00 | 23,205.00 | 20,151.00 | 20,058.00 | 15,233.00 | 11,594.00 | 8,600.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3,667.00 | 1,823.00 | 3,440.00 | 2,137.00 | 2,154.00 | 2,447.00 | 2,517.00 | 1,071.00 | 1,720.00 | 902.00 | 2,122.00 | 1,412.00 |
| Cash from Investing Activity | -1,344.00 | -205.00 | -704.00 | -478.00 | -1,172.00 | -2,342.00 | -2,817.00 | -1,027.00 | -3,891.00 | -3,368.00 | -2,226.00 | -796.00 |
| Cash from Financing Activity | -2,177.00 | -1,647.00 | -2,659.00 | -1,692.00 | -1,081.00 | 152.00 | 472.00 | -62.00 | 2,321.00 | 1,895.00 | -255.00 | -684.00 |
| Net Cash Flow | 146.00 | -28.00 | 76.00 | -34.00 | -100.00 | 257.00 | 173.00 | -18.00 | 150.00 | -571.00 | -358.00 | -68.00 |
| Free Cash Flow | 2,312.00 | 1,093.00 | 2,766.00 | 1,374.00 | 337.00 | 1,291.00 | -288.00 | -1,203.00 | -1,348.00 | -2,361.00 | 507.00 | 781.00 |
| CFO/OP % | 98.00 | 62.00 | 86.00 | 71.00 | 88.00 | 94.00 | 133.00 | 65.00 | 118.00 | 66.00 | 125.00 | 88.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41.00 | 43.00 | 38.00 | 37.00 | 36.00 | 29.00 | 21.00 | 27.00 | 35.00 | 31.00 | 33.00 | 27.00 |
| Inventory Days | 128.00 | 127.00 | 113.00 | 110.00 | 122.00 | 129.00 | 129.00 | 125.00 | 128.00 | 140.00 | 119.00 | 92.00 |
| Days Payable | 76.00 | 71.00 | 73.00 | 85.00 | 104.00 | 109.00 | 93.00 | 74.00 | 106.00 | 92.00 | 95.00 | 46.00 |
| Cash Conversion Cycle | 93.00 | 99.00 | 79.00 | 63.00 | 54.00 | 49.00 | 57.00 | 78.00 | 57.00 | 80.00 | 58.00 | 73.00 |
| Working Capital Days | 20.00 | 22.00 | 8.00 | -6.00 | -23.00 | -27.00 | -22.00 | 20.00 | 0.00 | -5.00 | 2.00 | 14.00 |
| ROCE % | 14.00 | 11.00 | 16.00 | 10.00 | 7.00 | 9.00 | 5.00 | 9.00 | 9.00 | 16.00 | 23.00 | 26.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 10 Jul 2026 | 10 Jul 2026 | — | 2.50 | |
| Dividend | 10 Feb 2026 | 10 Feb 2026 | — | 3.50 | |
| Dividend | 11 Jul 2025 | 11 Jul 2025 | — | 5.00 | |
| Dividend | 05 Jul 2024 | 05 Jul 2024 | — | 6.00 | |
| Dividend | 14 Jul 2023 | 14 Jul 2023 | — | 0.50 | NSE/BSE dividend mismatch: BSE/NSE=4.0; BSE/NSE=0.5 |
| Dividend | 14 Jul 2023 | 14 Jul 2023 | — | 4.00 | NSE/BSE dividend mismatch: BSE/NSE=4.0; BSE/NSE=0.5 |
| Dividend | 16 Jun 2022 | 17 Jun 2022 | — | 3.25 | |
| Dividend | 15 Jul 2021 | — | — | 3.50 | |
| Other | 12 Aug 2020 | — | — | — | Annual General Meeting |
| Dividend | 04 Mar 2020 | 05 Mar 2020 | — | 3.00 | |
| Dividend | 23 Jul 2019 | — | — | 3.25 | |
| Dividend | 18 Jul 2018 | — | — | 3.00 | |
| Dividend | 27 Jun 2017 | — | — | 3.00 | |
| Dividend | 01 Aug 2016 | — | — | 2.00 | |
| Dividend | 04 Aug 2015 | — | — | 2.00 | |
| Dividend | 17 Jul 2014 | — | — | 0.75 | |
| Dividend | 18 Jul 2013 | — | — | 0.50 | |
| Dividend | 30 Jul 2012 | — | — | 0.50 | |
| Dividend | 26 Jul 2011 | — | — | 0.50 | |
| Dividend | 14 Jul 2010 | — | — | 0.75 | |
| Dividend | 29 Jun 2009 | — | — | 0.45 | |
| Dividend | 27 Jun 2008 | — | — | 0.50 | |
| Split | 17 Aug 2007 | 27 Aug 2007 | 10:1 | — | |
| Other | 12 Jul 2007 | — | — | — | Annual General Meeting |
| Dividend | 23 Mar 2007 | 27 Mar 2007 | — | 4.50 | |
| Dividend | 21 Aug 2006 | — | — | 4.50 | |
| Dividend | 29 Jun 2005 | — | — | 4.50 | |
| Dividend | 14 Aug 2001 | — | — | 4.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update14 Aug from crisil
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Rating update27 Feb from fitch
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Rating update24 Dec 2025 from crisil
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Rating update3 Jun 2025 from crisil
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Rating update28 Feb 2025 from fitch
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Rating update27 Dec 2024 from crisil
Conference Calls
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