Goodyear India MD, chairman and AGM
NSE: GOODYEARBSE: 500168Auto ComponentsSmall Cap
Share price at the NSE close on 29 Oct 2026. Previous close ₹681.30.
29 Oct: open ₹681.80, high ₹685.95, low ₹661.00
- 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
- ₹1,545 Cr1,211th 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
- 28.67
- 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 −₹12 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 23.57
- 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
- 2.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.96%
- 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.
- 8.9%
- 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 −₹12 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 10.8%
- 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.
- 11.8%
- 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.
- 0.00
- 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
- 4,88377.5% delivered
Goodyear India's chairperson and managing director is Arvind Bhandari, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 12 Aug 2026.
Goodyear India board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorArvind Bhandari
- Company Secretary and Compliance OfficerAnup Karnwal
6 directors3 independent3 executive
- Arvind Bhandari · Chairperson and managing directorExecutive · joined Jan 2025 · 1 listed board · 2 committee seats
- Gajanan Vithal GandheIndependent · joined Jan 2026 · 9 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Sandeep GargExecutive · joined Apr 2025 · 1 listed board
- Uma Ratnam KrishnanIndependent · joined Jun 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Sumit Dutta ChowdhuryIndependent · joined Mar 2025 · 19 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- Rohitshv SharmaExecutive · joined Jun 2026 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
8 directors who left
- Anil Kumar Singh, left 31 May 2026: Others
- Rajiv Lochan Jain, left 31 Dec 2025: Tenure Completion
- Varsha Chaudhary Jain, left 31 Dec 2025: Others
- GAJENDER SINGH, left 6 Apr 2025: Others
- RAJEEV KHER, left 5 Mar 2025: Tenure Completion
- Santosh Kumar, left 31 Dec 2024: Others
- Nitesh Kumar Jain, left 11 Nov 2024: Others
- Sandeep Mahajan, left 31 Oct 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 75 days in between
- 28 May 20266 of 6 present3 independent
Audit Committee
Chair Uma Ratnam Krishnan
Arvind Bhandari, Sumit Dutta Chowdhury, Gajanan Vithal Gandhe
- 12 Aug 20264 of 4 present3 independent · 75 days in between
- 28 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Sumit Dutta Chowdhury
Uma Ratnam Krishnan, Gajanan Vithal Gandhe
- 12 Aug 20263 of 3 present3 independent · 75 days in between
- 28 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Gajanan Vithal Gandhe
Arvind Bhandari, Sumit Dutta Chowdhury
- 12 Aug 20263 of 3 present2 independent · 75 days in between
Risk Management Committee
Chair Uma Ratnam Krishnan
Gajanan Vithal Gandhe, Sandeep Garg, Arvind Bhandari
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Arvind Bhandari
Uma Ratnam Krishnan, Sumit Dutta Chowdhury, Sandeep Garg
- 28 May 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Goodyear India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Goodyear India dividend history
Annual general meeting, 12 Aug 2026
44,444 shareholders on the register on 5 Aug 2026; present: 1 promoter and 642 others; votes counted by Ayushi Jain / APAC & Associates LLP.The company's voting result
Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, including Balance Sheet as at March 31, 2026, the Statement of Profit and Loss Account and the Cash Flow Statement for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Declaration of Final Dividend of INR 26.50/- per equity share fully paid up of INR 10/- each for the Financial Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.50%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Appointment of Director in place Mr. Sandeep Garg (DIN: 10360979), Whole Time Director, who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.02% · other public 6.03%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Ratification of the remuneration of M/s Vijender Sharma & Co. (Firm Registration No: 000180), Cost Auditors of the Company, for the Financial Year ending on March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.21%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Approval of the waiver of recovery of excess managerial remuneration paid to Managing Director of the Company for the Financial Year 2025-26Special99.67% for0.33% against
Against: promoters 0.00% · institutions 3.78% · other public 12.91%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Approval of the waiver of recovery of excess managerial remuneration paid to all Directors and all Executive Directors (including Managing Director of the Company) for the Financial Year 2025-26Special99.68% for0.32% against
Against: promoters 0.00% · institutions 3.78% · other public 9.62%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
Approval of the payment of minimum remuneration to be paid to Mr. Arvind Bhandari (DIN: 10864817), in case of no profits or inadequate profits, as Managing Director of the Company for a period of three yearsMoreLess
Special99.67% for0.33% againstAgainst: promoters 0.00% · institutions 3.78% · other public 11.93%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
Approval of the payment of minimum remuneration to be paid to Mr. Sandeep Garg (DIN: 10360979) in case of no profits or inadequate profit, as Whole Time Director and Chief Financial Officer of the Company for a period of three yearsMoreLess
Special99.67% for0.33% againstAgainst: promoters 0.00% · institutions 3.78% · other public 12.03%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
- Approval of the appointment of Mr. Rohitashv Sharma (DIN: 11735730), as a Whole Time Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.82%
Turnout: all 80.85% · promoters 100.00% · institutions 84.65% · other public 0.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 12 Aug 2026, 2 fund houses
Adoption of the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, including Balance Sheet as at March 31, 2026, the Statement of Profit and Loss Account and the Cash Flow Statement for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
2 for0 against- Declaration of Final Dividend of INR 26.50/- per equity share fully paid up of INR 10/- each for the Financial Year ended March 31, 20262 for0 against
- Appointment of Director in place Mr. Sandeep Garg (DIN: 10360979), Whole Time Director, who retires by rotation and being eligible, offers himself for re-appointment2 for0 against
- Ratification of the remuneration of M/s Vijender Sharma & Co. (Firm Registration No: 000180), Cost Auditors of the Company, for the Financial Year ending on March 31, 20272 for0 against
- Approval of the waiver of recovery of excess managerial remuneration paid to Managing Director of the Company for the Financial Year 2025-262 for0 against
- Approval of the waiver of recovery of excess managerial remuneration paid to all Directors and all Executive Directors (including Managing Director of the Company) for the Financial Year 2025-262 for0 against
Approval of the payment of minimum remuneration to be paid to Mr. Arvind Bhandari (DIN: 10864817), in case of no profits or inadequate profits, as Managing Director of the Company for a period of three yearsMoreLess
2 for0 againstApproval of the payment of minimum remuneration to be paid to Mr. Sandeep Garg (DIN: 10360979) in case of no profits or inadequate profit, as Whole Time Director and Chief Financial Officer of the Company for a period of three yearsMoreLess
2 for0 against- Approval of the appointment of Mr. Rohitashv Sharma (DIN: 11735730), as a Whole Time Director of the Company2 for0 against
Mutual fund votes, meeting of 21 Mar 2026, 2 fund houses
To approve the appointment of Mr. Anil Kumar Singh (DIN: 11368937) as a Non Executive Non Independent Director of the Company for a period of five (5) years w.e.f. January 07, 2026, being liable to retire by rotation.MoreLess
2 for0 against
Mutual fund votes, meeting of 23 Dec 2025, 2 fund houses
2 proposals
To approve payment of one time additional remuneration amounting to Rs. 6,34,774/- towards perquisites being reimbursement of notice period payout made to Mr. Sandeep Garg (DIN: 10360979) as Whole Time Director and Chief Financial officer of the Company.MoreLess
2 for0 againstTo approve the appointment of Mr. Gajanan Vithal Gandhe (DIN: 02023395) as an Independent Non-Executive Director of the Company for a period of 5 consecutive years with effect from January 01, 2026 and shall not be liable to retire by rotation.MoreLess
2 for0 against
Mutual fund votes, meeting of 25 Jul 2025, 2 fund houses
7 proposals
Ratification of remuneration of INR. 6,39,000/- plus applicable taxes and reimbursement of out of pocket expenses incurred in connection with the aforesaid Audit payable to M/s Vijender Sharma and Co, Cost Accountants (Firm Registration No. 000180), appointed as the Cost Auditors by the Board of Directors of the Company to conduct the audit of Cost records and submit the Cost Audit Report of the Company for the Financial Year ending on March 31, 2026.MoreLess
2 for0 against- To appoint a director in place of Ms. Varsha Chaudhary Jain (DIN: 08388940), Whole Time Director, who retires by rotation and being eligible, offers herself for re-appointment.2 for0 against
To appoint M/s Chandrasekaran Associates, Company Secretaries (FRN: P1988DE002500) as Secretarial Auditors of the Company, for a term of five (5) consecutive years, to hold office of the Secretarial Auditors From the Financial Year 2025-26 to Financial Year 2029-30, on such remuneration.MoreLess
2 for0 against- To approve the waiver of recovery of excess aggregate managerial remuneration of Rs. 20,084,875/- paid to Managing Director(s) (Former and Current) of the Company for the Financial Year 2024-2025.2 for0 against
- To approve the waiver of recovery of managerial remuneration of Rs. 9,602,657/- paid to all Executive Directors (including Managing Director (s) of the Company) for the Financial Year 2024-2025.2 for0 against
- To declare a Final Dividend of INR. 23.90/- per equity share fully paid up of INR 10/- each for the Financial Year ended March 31, 2025.2 for0 against
To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 including Balance Sheet as at March 31, 2025, the Statement of Profit and Loss Account and the Cash Flow Statement for the Financial Year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
2 for0 against
Mutual fund votes, meeting of 7 Jun 2025, 1 fund house
1 proposal
To approve the appointment of Mr. Sandeep Garg (DIN: 10360979) as Whole Time Director of the Company for a period of 5 years w.e.f. April 07, 2025, who is liable to retire by rotation and including remuneration.MoreLess
1 for0 against
Mutual fund votes, meeting of 1 Mar 2025, 1 fund house
2 proposals
To approve the appointment of Mr. Arvind Bhandari (DIN: 10864817) as Managing Director of the Company in his professional capacity for a period of five (5) consecutive years w. e. f. January 02, 2025, who is not liable to retire by rotation in accordance with Article 125 of the Articles of Association of the Company and including remuneration.MoreLess
1 for0 againstTo approve the appointment of Mr. Sumit Dutta Chowdhury (DIN: 02117586) as an Independent Non- Executive Director of the Company for a period of 5 consecutive years with effect from March 06, 2025 and shall not be liable to retire by rotation.MoreLess
1 for0 against
Mutual fund votes, meeting of 8 Feb 2025, 1 fund house
1 proposal
To approve the appointment of Ms. Varsha Chaudhary Jain (DIN: 08388940), as Whole Time Director of the Company for a period of 5 years w. e. f. November 12, 2024, who is liable to retire by rotation and including remuneration.MoreLess
1 for0 against
Mutual fund votes, meeting of 24 Oct 2024, 1 fund house
2 proposals
To approve the appointment of Mr. Gajender Singh (DIN: 10681092) as a Whole Time Director of the Company for a period of 5 years w. e .f. September 02, 2024, who is liable to retire by rotation and including remuneration.MoreLess
1 for0 againstTo approve the appointment of Mr. Santosh Kumar (DIN: 09687204) as a Whole Time Director of the Company for a period of 5 years w. e .f. November 01, 2024, who is liable to retire by rotation and including remuneration.MoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyCourt of the Chief Judicial Magistrate, Faridabad.Since 12 Aug 2026
The Court convicted the Company and imposed a total fine of Rs. 3,800 for ten counts under Sections 47 and 50 of the BOCW (RE&CS) Act, 1976, and the same has been duly paid by the Company.
Contraventions under Section 47 (six counts) and Section 50 (four counts) of the BOCW (RE&CS) Act, 1976 - Tax disputeIncome Tax AuthoritySince 28 Nov 2008No change
At the filing before: Pending at Delhi High Court. Issue involved: Adjustment on account of Export incentive, Trademark fee payment & warranty expense for the Assessment Year 2005-06 to Assessment Year 2012-13 & Assessment Year 2014-15.MoreLess
- Tax disputeIncome Tax AuthoritySince 30 Oct 2017
Favourable Tribunal order received for AY 2013-14 in Jan’26. We have received draft assessment order for AY 2017-18 & AY 2018-19 from Tax Officer in Mar’26. Tax Officer has confirmed addition on remand back issues i.e. RSC, payment to GRBS & trading segment. GIL has filed objections before DRP in April’26.MoreLess
At the filing before: Pending at Income Tax Appellate Tribunal, Delhi Adjustment on account of various Transfer Pricing matters like Regional Service Charges, Trademark Fee & other Corporate tax matters like Advertisement, Sales Promotion expenses for the Assessment Year 2013-14, Assessment Year 2017-18 & Assessment Year 2018-19MoreLess
- Tax disputeCentral Excise AuthoritySince 4 Apr 2011
Customs, Excise and Service Tax Appellate Tribunal vide its order dated October 20, 2023, ruled in favour of Company allowing said CENVAT credit. Further, the Department has made an appeal before Punjab & Haryana High Court against CESTAT orderMoreLess
At the filing before: Pending at Customs, Excise and Service Tax Appellate Tribunal, Chandigarh Adjustment on account of CENVAT credit availed on Tubes / Flaps for the period March 2006 – Jan 2011. - Tax disputeIncome Tax AuthoritySince 27 Sep 2023Pending at Income Tax Appellate Tribunal, Delhi
At the filing before: Pending before Assessing Officer Disallowance of certain expenditures amounting to Rs 66.56 crores with tax impact of Rs. 16.75 crores (excluding interest & penalty) listed below for the Financial Year 2019-20 (Assessment Year 2020-21) vide order u/s 144C(1): • Regional Service Charge; • Trademark fee • Business Support service charges • Donations madeMoreLess
- Tax disputeIncome Tax AuthoritySince 29 Dec 2023Pending at Income Tax Appellate Tribunal, Delhi
At the filing before: Pending before Assessing Officer Disallowance of certain expenditures amounting to Rs 62.07 crores with tax impact of Rs. 15.62 crores (excluding interest & penalty) listed below for the FY 2020-21 (Assessment Year 2021-22) vide order u/s 144C(1): • Regional Service Charge. • Trademark fee • Business Support service charges • Advertisement & Sales Promotion ExpenseMoreLess
- Tax disputeIncome Tax AuthoritySince 14 Nov 2024Pending at Income Tax Appellate Tribunal, Delhi
At the filing before: Pending before Assessing Officer Disallowance of certain expenditures amounting to Rs 80.65 crores with tax impact of Rs. 20.29 crores (excluding interest & penalty) listed below for the FY 2021-22 (Assessment Year 2022-23) vide order u/s 144C(1): • Regional Service Charge. • Trademark fee • Business Support service charges • Interest on Trade Receivables • Advertisement & Sales Promotion ExpenseMoreLess
- Tax disputeExcise & Taxation Officer, Faridabad, (South) Ward-5, HaryanaSince 24 Sep 2024Pending at First Appellate Authority
At the filing before: Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Haryana location with demand of Rs 2.23 Cr., interest of Rs 1.34 Cr. & penalty of Rs 22.34 lakhs. Officer disallowed the benefit of GST claimed w.r.t. credit notes issued to customers subsequent to supply invoice.MoreLess
3 more
- Tax disputeAssistant commissioner CGST and Central Excise, Division V, Navi Mumbai CommissionerateSince 24 Sep 2024Pending at First Appellate Authority
At the filing before: Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Maharashtra state with demand of Rs 63.5 lakhs, interest as per section 50 of the CGST Act & penalty of Rs 6.35 lakhs. Officer raised GST demand by disallowing the GST input tax credit alleging that suppliers has not filed their returns.MoreLess
- Tax disputeCommercial Tax Officer, Ward 3: ChandigarhSince 25 Sep 2024Pending at First Appellate Authority
At the filing before: Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Chandigarh location with demand of Rs 1.69 Cr., interest of Rs 1.52 Cr. & penalty of Rs 0.17 Cr. Officer raised GST demand by demanding GST on discount amount & not considering credit notes.MoreLess
- Tax disputeSuperintendent, CGST, Range-V, Division- DehradunSince 4 Nov 2024
First Appellate Authority has not accepted the Company Contention. The Company is in the process of filing an appeal before the higher authorities, contending that the capitalised assets qualify for input tax credit (ITC). Accordingly, the Company is of the view that the demand is unsustainable, and therefore, no financial impact is anticipated.MoreLess
At the filing before: Pending before GST Tax Officer The aforementioned Authority has passed an order under section 74 of CGST Act, 2017 for Financial Year 2017-18 pertaining to Dehradun location with demand of Rs 4.27 lakhs including penalty of Rs 2.14 lakhs. The aforementioned Authority has raised GST demand on expenditure incurred at its Branded Retail Outlet for Goodyear own business purposes.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- Yes
The company's own answers in its filing.