Apollo Tyres share price
NSE: APOLLOTYREBSE: 500877Auto ComponentsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹386.35.
30 Oct: open ₹388.00, high ₹388.75, low ₹378.20
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and fund raising. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹24,099 Cr281st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 14.11
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹640 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 10.26
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.44
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.58%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 10.9%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹640 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 14.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.16
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,82,63548.0% delivered
About Apollo Tyres
Apollo Tyres Limited makes tyres for commercial vehicles, passenger vehicles, two-wheelers, and farm and industrial vehicles, sold under the Apollo Tyres and Vredestein brands.1 It supplies vehicle makers, and sells replacement tyres to vehicle owners through dealers, across India, Europe and other international markets.23
It reports results by region: APMEA (Asia Pacific, Middle East and Africa), which includes India; Europe; and Others, which covers sales in the Americas and all other corporate entities.4 It has 5 tyre plants in India, 2 at Cochin in Kerala and 1 each at Vadodara, Chennai and in Andhra Pradesh, and 1 in Hungary.5 It runs research and development centres in Chennai and in Enschede in the Netherlands, holds more than 270 active patents, and sells tyres in more than 100 countries.67 In the year to Mar 2026 it became lead sponsor of the Indian cricket team, under a 3-year partnership with the Board of Control for Cricket in India.8
Apollo Tyres started operations in 1972 with its first plant at Perambra.5 It expanded abroad by acquiring Dunlop Tyres International in South Africa and Zimbabwe and Vredestein Banden B V in the Netherlands, and building a plant in Hungary.9
Onkar Kanwar is the chairman, and Neeraj Kanwar is the vice chairman and managing director.9 At the end of March 2026 it had 31 overseas subsidiaries (companies it controls), 2 wholly owned subsidiaries in India, 3 associates and 1 joint venture.10 Apollo Tyres Cooperatief U.A. in the Netherlands is the holding company for its overseas operations.10
Apollo Tyres key points
Results
- In the quarter to Jun 2026, consolidated revenue was ₹73,978 million, up 12.8% on a year earlier, and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹8,680 million, a 0.0% change, at a margin of 11.7%.11
- In the year to Mar 2026, consolidated revenue was ₹284.71 billion, up 9.0%, operating profit (EBITDA) was ₹41.43 billion, up 16.0%, at a margin of 14.6%, and net profit was ₹13.72 billion.1213
- India operations had their highest ever revenue in the quarter to Jun 2026, ₹54,619 million, up 15.6% on a year earlier, their fastest year-on-year growth in 14 quarters.1415
- Europe operations, excluding the Reifencom distribution business, had revenue of €147 million in the quarter to Jun 2026, up 0.5% on a year earlier, and an EBITDA margin of 8.9% against 10.8%.1617
Market position
- On its earnings call of 7 Aug 2026, the company said its internal estimates put its market share in replacement truck and bus radial (TBR) tyres upwards of 30% and in replacement passenger car tyres at 21% plus.18
Revenue mix
- Share of consolidated revenue by product19
Item quarter to Jun 2026 Truck and bus 41% Passenger vehicle 36% Farm and off-highway 11% - Share of consolidated revenue by channel20
Item quarter to Jun 2026 Replacement tyres sold to vehicle owners 79% Tyres supplied to vehicle makers (OEM) 21% - Share of consolidated revenue by region2117Europe includes Reifencom, a tyre distribution business.
Item quarter to Jun 2026 India 69% Europe 26% Others 5% - Exports were 12.66% of Apollo Tyres Ltd's own turnover, on a standalone basis, in the year to Mar 2026.22
Plants and capacity
- Capacity utilisation in the quarter to Jun 2026 was 91% at the India plants and 94% in Europe.23
- As of its annual report of 6 Jul 2026, the Hungary plant had stopped making truck and bus radial tyres to concentrate on passenger car tyres, and the company had decided to transfer that production to its plants in India.24
- On its earnings call of 7 Aug 2026, the company said capacity at its Hungary plant is being raised by 4,000 passenger car tyres a day, from about 17,000 to 21,000, and that its Andhra Pradesh plant is adding double that.2526
- Consolidated capital expenditure was ₹14.03 billion in the year to Mar 2026. In the quarter to Jun 2026 it was ₹650 crore, of which ₹500 crore was in India.272829
Netherlands plant closure
- Apollo Tyres (NL) B.V. stopped tyre production at its Enschede plant in the Netherlands in June 2026, a closure decided because of high production costs.2430
- The closure cost ₹10,001.24 million in the year to Mar 2026, recorded as a one-off charge; the cash payments are expected in the year that began in April 2026.31
- On its earnings call of 7 Aug 2026, the company said a large part of the Enschede plant's output, about 750,000 tyres on last year's sales, is moving to Hungary, and some smaller Hungarian sizes to India, by September or October 2026.3233
- On its earnings call of 7 Aug 2026, the company said it expects the Enschede closure's benefits to start showing from the half year beginning October 2026, and aims for a high-teens EBITDA margin in Europe on a full-year basis.3034
What the company expects
- On its earnings call of 7 Aug 2026, the company said raw material costs for its India operations rose nearly 17% in the quarter to Jun 2026 and that it expects a further rise of about 8% in the quarter to Sep 2026.3035
- On its earnings call of 7 Aug 2026, the company said its price increases in India stood at about 9% for truck and bus radial tyres and 11% for other categories, against about 15% to 16% it needs overall to cover raw material cost rises.36
- On its earnings call of 7 Aug 2026, the company said consolidated net debt (borrowings less cash) was more than ₹1,700 crore, 0.4 times EBITDA over the past year, and expects the ratio to rise slightly in the year to Mar 2027.373839
Recent events
Litigation and regulatory matters
- The Competition Commission of India (CCI) fined the company ₹4,255.30 million for alleged breaches of competition law; an appeals tribunal sent the case back in December 2022. As of its 6 Jul 2026 annual report, the CCI's Supreme Court appeal was pending.41
- In its exchange filing of 5 Dec 2025, the company said the Madras High Court had quashed goods and services tax (GST) proceedings against it, setting aside a demand of ₹2,791 million.4243
Last updated
All 43 sources, each with its page
- 1. Annual report, 6 Jul 2026, page 23
- 2. Annual report, 6 Jul 2026, page 100
- 3. Annual report, 6 Jul 2026, page 58
- 4. Annual report, 6 Jul 2026, page 337
- 5. Annual report, 6 Jul 2026, page 206
- 6. Annual report, 6 Jul 2026, page 24
- 7. Annual report, 6 Jul 2026, page 25
- 8. Annual report, 6 Jul 2026, page 80
- 9. Annual report, 6 Jul 2026, page 155
- 10. Annual report, 6 Jul 2026, page 83
- 11. Investor presentation, 7 Aug 2026, page 4
- 12. Annual report, 6 Jul 2026, page 20
- 13. Investor presentation, 7 Aug 2026, page 4
- 14. Earnings call, 7 Aug 2026, page 2
- 15. Investor presentation, 7 Aug 2026, page 6
- 16. Earnings call, 7 Aug 2026, page 3
- 17. Investor presentation, 7 Aug 2026, page 7
- 18. Earnings call, 7 Aug 2026, page 17
- 19. Investor presentation, 7 Aug 2026, page 5
- 20. Investor presentation, 7 Aug 2026, page 5
- 21. Investor presentation, 7 Aug 2026, page 5
- 22. Annual report, 6 Jul 2026, page 100
- 23. Investor presentation, 7 Aug 2026, page 5
- 24. Annual report, 6 Jul 2026, page 83
- 25. Earnings call, 7 Aug 2026, page 8
- 26. Earnings call, 7 Aug 2026, page 9
- 27. Annual report, 6 Jul 2026, page 53
- 28. Earnings call, 7 Aug 2026, page 10
- 29. Earnings call, 7 Aug 2026, page 8
- 30. Earnings call, 7 Aug 2026, page 3
- 31. Annual report, 6 Jul 2026, page 332
- 32. Earnings call, 7 Aug 2026, page 5
- 33. Earnings call, 7 Aug 2026, page 6
- 34. Earnings call, 7 Aug 2026, page 7
- 35. Earnings call, 7 Aug 2026, page 9
- 36. Earnings call, 7 Aug 2026, page 6
- 37. Earnings call, 7 Aug 2026, page 10
- 38. Earnings call, 7 Aug 2026, page 8
- 39. Investor presentation, 7 Aug 2026, page 4
- 40. Annual report, 6 Jul 2026, page 43
- 41. Annual report, 6 Jul 2026, page 260
- 42. Exchange filing, 5 Dec 2025, page 1
- 43. Exchange filing, 5 Dec 2025, page 2
Results
Consolidated; ₹ crore.Apollo Tyres quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +11.2%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +105.3%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹7,398 Crup 0.85%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹349 Crdown 44.71%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 4.7%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,437 | 6,928 | 6,424 | 6,561 | 6,831 | 7,743 | 7,336 | 7,398 |
| Net profit | 297 | 337 | 185 | 13 | 258 | 471 | 631 | 349 |
| Net margin | 4.6% | 4.9% | 2.9% | 0.2% | 3.8% | 6.1% | 8.6% | 4.7% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹28,471 Crup 8.99%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,372 Crup 22.39%
- Net margin
- 4.8%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14,170what Revenue, Mar 2017, includes. This period's revenue includes excise duty of ₹990 crore, a tax on the goods the company makes that it collects and pays to the government. | 15,095what Revenue, Mar 2018, includes. This period's revenue includes excise duty of ₹255 crore, a tax on the goods the company makes that it collects and pays to the government. | 17,549 | 16,327 | 17,397 | 20,948 | 24,568 | 25,378 | 26,123 | 28,471 |
| Net profit | 1,099 | 724 | 680 | 476 | 350 | 639 | 1,105 | 1,722 | 1,121 | 1,372 |
| Net margin | 7.8% | 4.8% | 3.9% | 2.9% | 2.0% | 3.0% | 4.5% | 6.8% | 4.3% | 4.8% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- APMEAAPMEA, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹20,206 Crup 8.98%63.2%
- EuropeEurope, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹8,856 Crup 12.00%27.7%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,907 Crdown 42.59%9.1%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Apollo Tyres PE ratio and valuation
At or below today's level on 7% of 2,355 trading days over the last 10 years.
At or below today's level on 46% of 1,891 trading days since Nov 2018.
At or below today's level on 73% of 2,438 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −1.8% | +22.7% | −21.1% | 1.5% |
| 3 years | +10.1% | +7.6% | +1.1% | 1.3% |
| 5 years | +14.4% | +31.4% | −14.0% | 1.4% |
Mutual fund holdings
85 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 25 of the 30 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 85 funds holding Apollo Tyres
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 14
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 11
- AddedAdded. Funds that held more shares than at the end of the month before.
- 14
- CutCut. Funds that held fewer shares than at the end of the month before.
- 16
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 28
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 37
| Fund | |||
|---|---|---|---|
| 4,18,92,187 | 1.66% | ₹1,695.4 Cr | |
| 2,09,10,434 | 1.48% | ₹846.2 Cr | |
| 1,11,02,076 | 0.67% | ₹449.3 Cr | |
| 95,00,000 | 1.26% | ₹384.5 Cr | |
| 90,00,000 | 0.36% | ₹364.2 Cr | |
| 61,48,780 | 1.28% | ₹248.8 Cr | |
| 56,00,000 | 0.43% | ₹226.6 Cr | |
| 46,70,017 | 0.52% | ₹189.0 Cr | |
| 36,91,711 | 0.42% | ₹149.4 Cr | |
| 28,39,000 | 0.40% | ₹114.9 Cr |
Promoter and insider buying and selling
Trades made since 31 Oct 2025.Apollo Tyres insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 1 pledge filing of unclear kind
- Others: no market trade
Apollo Tyres competitors and peers
Tyres & Rubber Products, 20 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Apollo Tyres in market cap.Automobile companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 49,526 | 20.51 | 2.36 | +11.4% | +34.3% | 12.2% | 13.1% | 0.20% | |
| 40,067 | 28.51 | 3.66 | +9.8% | −3.3% | 13.2% | 11.6% | 0.77% | |
| 12,488 | 24.22 | 2.52 | +24.5% | +4.2% | 10.8% | 13.9% | 1.13% | |
| 8,701 | 17.58 | 1.43 | +12.5% | −7.6% | 8.8% | 10.0% | 1.33% | |
| 3,137 | 33.97 | 2.64 | +18.6% | +244.5% | 7.8% | 8.5% | 0.92% | |
| 1,530 | 28.39 | 2.52 | +0.8% | +21.9% | 8.9% | 11.8% | 4.00% | |
| 533 | – | 15.77 | – | – | −0.8% | 0.6% | 0.00% | |
| 323 | 9.92 | 0.89 | +3.5% | −16.6% | 9.5% | 10.5% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Apollo Tyres dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.50 |
| 10 Feb 2026 | Interim | ₹3.50 |
| 11 Jul 2025 | Final | ₹5.00 |
| 5 Jul 2024 | Final | ₹6.00 |
| 14 Jul 2023 | Final | ₹4.00 |
| 14 Jul 2023 | Special | ₹0.50 |
Latest announcements
Routine notices left out.Apollo Tyres announcements
Oct 2026
28 Oct · Analysts
6 Oct · Management
Apollo Tyres share price by year
Each calendar year to 2025.Apollo Tyres share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 500.00 | −5.6% | 536.90 | 374.30 |
| 2024 | 529.40 | +16.6% | 564.25 | 448.90 |
| 2023 | 454.05 | +40.0% | 462.45 | 306.05 |
| 2022 | 324.30 | +48.0% | 327.40 | 171.55 |
| 2021 | 219.15 | +23.1% | 259.05 | 179.20 |
| 2020 | 178.00 | +8.6% | 197.65 | 76.45 |
| 2019 | 163.90 | −30.5% | 234.40 | 147.05 |
| 2018 | 235.95 | −12.0% | 300.05 | 196.25 |
| 2017 | 268.25 | +45.1% | 285.50 | 174.20 |
| 2016 | 184.90 | +18.4% | 229.45 | 132.40 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 388.00 | 388.05 | 383.10 | 386.35 | 385.38 | 2,04,458 | 46.7% |
| 28 Oct 2026 | 383.30 | 389.00 | 378.05 | 387.10 | 383.76 | 3,75,826 | 44.6% |
| 27 Oct 2026 | 389.00 | 391.00 | 381.25 | 383.30 | 384.35 | 4,05,226 | 53.6% |
| 26 Oct 2026 | 384.60 | 391.00 | 375.00 | 386.85 | 381.64 | 12,41,995 | 53.1% |
| 23 Oct 2026 | 399.00 | 399.25 | 382.00 | 384.15 | 387.48 | 4,89,853 | 49.8% |
| 22 Oct 2026 | 408.70 | 409.10 | 396.55 | 398.80 | 401.84 | 3,00,175 | 46.5% |
| 21 Oct 2026 | 415.00 | 416.10 | 403.05 | 410.05 | 409.31 | 6,14,663 | 59.7% |
| 19 Oct 2026 | 409.70 | 417.45 | 406.25 | 416.75 | 414.76 | 5,38,860 | 34.1% |
| 16 Oct 2026 | 411.50 | 413.20 | 407.50 | 408.85 | 409.72 | 3,39,480 | 49.1% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Jun 2013 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 17 Aug 2007 | Split | 0.1000 | Each share became 10. |
Company details
- NSE symbol
- APOLLOTYRE
- BSE code
- 500877
- ISIN
- INE438A01022
- Industry
- Auto Components
- Website
- www.apollotyres.com
- CIN
- L25111KL1972PLC002449
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1972
- Registered office
- Areekal Mansion, 3rd Floor, Panampilly Nagar, Kochi 682036, Kerala
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments