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Apollo Tyres Ltd share Price Today

Company details

480.40
487.60
365.00
557.90
6M Return 14.42%
1Y Return 27.05%
Mkt Cap.(Cr) 30,589.64
Volume 1,703,680
Div Yield 1.25%
OI
-
OI Chg %
-
Volume 1,703,680

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About The Stock

    Apollo Tyres (ATL) is a leading tyre manufacturer, with operations in India & Europe with an installed capacity of ~7.9 lakh MT p.a. In India, ATL has substantial presence in TBR (31% market share) & PCR space (21% market share)

    • Derives ~67% revenues from APMEA (largely India), ~32% from Europe
    • FY22 segment mix: Truck/bus ~43%, PV ~35%, OHT ~10%, others ~12%
Q3FY23

    The company posted healthy operational performance

    • Total consolidated operating income was up 7.8% QoQ to ₹6,432 crores
    • EBITDA came at ₹913 crores with margins up 227 bps QoQ to 14.2%
    • Consolidated PAT stood at ₹292 crores was up 50% QoQ
    • EBITDA margin at Standalone operations stood at 12.9% (up 260 bps QoQ)

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Apollo Tyres announced Q3FY23 results:

  • Consolidated Q3FY23:
    • Revenue Rs 64,228 million YoY up 13%.
    • EBITDA Rs 9,134 million YoY up 23%.
    • EBITDA Margins 14.2% YoY up 120 Bps.
    • Net Profit Rs 2,921 million.
    • Net Profit Margins 4.5% YoY up 63 Bps.
    • Diluted EPS Rs 4.60.
  • Consolidated YTD FY23:
    • Revenue Rs 1,83,208 million YoY up 19%.
    • EBITDA Rs 23,152 million YoY up 19%.
    • EBITDA Margins 12.6% YoY down -4 Bps.
    • Net Profit Rs 6,771 million.
    • Net Profit Margins 3.7% YoY is  28 Bps.
    • Diluted EPS Rs 10.7.

Result PDF

View Other Company Results

Apollo Tyres Ltd shares SWOT Analysis

Strengths (9)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (2)

  • MACD Crossover Below Signal Line
  • MFs decreased their shareholding last quarter

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 486.0
R2 490.4
R3 493.2
Pivot

483.22

S1 478.8
S2 476.0
S3 471.6
EMA SMA
484.8
485.9
479.5
453.3
487.4
480.5
494.2
449.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ICICI PRUDENTIAL MUTUAL FUND Bulk Purchase 2024-05-22 477.35 4189798 BSE
MORGAN STANLEY ASIA SINGAPORE PTE Bulk Purchase 2024-05-22 477.35 4014099 BSE
WHITE IRIS INVESTMENT LTD Bulk Sell 2024-05-22 477.35 22474903 BSE
Name Category Shares
Sunrays Properties & Investment Co. Pvt. Ltd. PROMOTER 31.85%
Classic Industries And Exports Limited PROMOTER 2.94%
PTL Enterprises Limited PROMOTER 1.69%

OUR RESEARCH VIEW

Investment recommendation
Call Date
21 Feb 2023
Entry Price 330.00
Target Price 390.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Apollo Tyres Ltd Stocks COMPARISON

Financials( in Cr) Apollo Tyres Ltd Balkrishna Industries Ltd MRF Ltd JK Tyre & Industries Ltd CEAT Ltd
Price 481.65 3,043.85 131,039.50 415.95 2,372.95
% Change -0.37 -0.29 0.68 -0.18 -0.30
Mcap Cr 30,589.64 58,842.80 55,573.85 10,844.81 9,598.58
Revenue TTM Cr 24,568.13 9,759.53 23,008.50 14,644.94 11,314.88
Net Profit TTM Cr 1,104.64 1,057.40 768.96 264.74 182.39
PE TTM 17.22 39.94 26.67 13.47 14.02
1 Year Return 27.05 26.36 37.23 132.24 20.18
ROCE 9.75 14.41 7.77 10.26 9.29
ROE 8.97 14.59 5.35 9.56 6.14
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 12,877.78 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,248.28 -22,040.96
LAST 3M 102,638.29 -30,717.76
LAST 6M 167,920.74 50,623.85
LAST 12M 262,867.28 126,756.31

Apollo Tyres Ltd Information

Stock PE (TTM)
17.22
Promoter Holding
37.36%
Book Value
218.8482
ROCE
9.75%
ROE
8.97%
Description
  • Apollo Tyres Ltd is in the tyres sector is having a market capitalization worth Rs. 13,435.56 crores, it was incorporated in the year 1972. It has reported consolidated sales of Rs. 4,927.28 crores in March’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500877, and also listed on the National Stock Exchange (NSE) with the code APOLLOTYRE.

    Apollo Tyres is an Indian international tire manufacturing company, having its headquarters in Gurgaon, Haryana. Five manufacturing facilities are located in India, one in the Netherlands, and one in Hungary. Apollo Tyres has around 6200 dealer outlets in India and 5400 outlets across Europe. Apollo Tyres entered into an exclusive agreement with Tata Motors to become the supplier of Ultra Electric Buses. Apollo tires manufacture tires for a wide variety of vehicles like two-wheelers, farm vehicles such as tractors, passenger cars, trucks, etc. Apollo Tyres has established its global presence by expanding its operations across nearly 100 countries. The promoters of the company own 37.6% of the stake in the company, Foreign Institutional Investors (FII) own 22.87%, Domestic Institutional Investors (DII) own 17.23% stake in the company, and others (such as public & retail investors) hold the balance of 22.3%.

    In June 2021, quarterly net revenue was Rs. 3,219.95 crores, which has increased sharply by approximately 81.59 % from Rs. 1,723.23 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 67.92 crores, which has improved sharply and increased by nearly 226.60% from a net loss of Rs. 53.65 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,752.11 crores, which is also increased sharply by 84.51% as compared to an operating profit of Rs. 1,491.60 crores for the quarter ending in June 2020. From a negative EPS of Rs. 0.90 in June 2020, the EPS of Apollo Tyres Ltd has improved positively and reached Rs. 1.07 per share in June 2021. APOLLOTYRE's stock closed at Rs. 211.55 on 20th August’2021 (NSE) and has given a negative return of 10.38% in the last six months and 64.69% in the previous year.

Registered Address

3rd Floor Areekal Mansion, Panampilly Ngr Nr Manorama Jun, Kochi, Kerala, 682036

Tel : 91-484-4012046
Email : seema.thapar:apollotyres.com, info.apollo:apolloty
Website : http://www.apollotyres.com
Registrar

Apollo Tyres Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500877
NSE Code : APOLLOTYRE
Book Closure Date (Month) :
BSE Group : A
ISIN : INE438A01022

FAQ’s on Apollo Tyres Ltd Shares

You can buy Apollo Tyres Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Apollo Tyres Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:59 PM the closing price of Apollo Tyres Ltd was Rs.481.65.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:59 PM, the market cap of Apollo Tyres Ltd stood at Rs. 30,589.64.

The latest PE ratio of Apollo Tyres Ltd as of May 24, 2024 03:59 PM is 17.22

The latest PB ratio of Apollo Tyres Ltd as of May 24, 2024 03:59 PM is 0.45

The 52-week high of Apollo Tyres Ltd share price is Rs. 557.90 while the 52-week low is Rs. 365.00

According to analyst recommendations, Apollo Tyres Ltd Share has a "Buy" rating for the long term.

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