Loading...
APOLLOTYRE logo

Apollo Tyres LimitedNSEI:APOLLOTYRE Stock Report

Market Cap ₹248.8b
Share Price
₹391.15
₹476.42
17.9% undervalued intrinsic discount
1Y-14.6%
7D-2.2%
1D
Portfolio Value
View

Apollo Tyres Limited

NSEI:APOLLOTYRE Stock Report

Market Cap: ₹248.8b

APOLLOTYRE Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

Apollo Tyres Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Apollo Tyres
Historical stock prices
Current Share Price₹391.15
52 Week High₹540.50
52 Week Low₹365.30
Beta0.19
1 Month Change-4.47%
3 Month Change-11.97%
1 Year Change-14.62%
3 Year Change-0.79%
5 Year Change66.06%
Change since IPO200.77%

Recent News & Updates

Narrative Update Jun 02

APOLLOTYRE: Andhra Pradesh Capacity Buildout Will Support Future Earnings Power Visibility

The analyst fair value estimate for Apollo Tyres has been revised from about ₹534 to about ₹476, as analysts adjust their P/E assumptions and margins while still factoring in ongoing revenue growth expectations supported by recent sector research on alternative asset managers. Analyst Commentary Analysts are using recent research on global alternative asset managers as a reference point when thinking about Apollo Tyres, especially around what multiples to apply and how much earnings power to ascribe to future cycles.
Analysis Article May 23

Statutory Profit Doesn't Reflect How Good Apollo Tyres' (NSE:APOLLOTYRE) Earnings Are

Even though Apollo Tyres Limited ( NSE:APOLLOTYRE ) posted strong earnings, investors appeared to be underwhelmed. Our...
Narrative Update May 14

APOLLOTYRE: Andhra Pradesh Capacity Buildout Will Support Long Term Earnings Power

Analysts have kept the fair value estimate for Apollo Tyres steady at ₹534.17, with only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this latest price target update. Analyst Commentary Recent Street research around Apollo linked entities has focused on shifts in price targets and reassessments of earnings assumptions, which offer a useful backdrop when you think about Apollo Tyres’ own valuation and execution risks.

Recent updates

Narrative Update Jun 02

APOLLOTYRE: Andhra Pradesh Capacity Buildout Will Support Future Earnings Power Visibility

The analyst fair value estimate for Apollo Tyres has been revised from about ₹534 to about ₹476, as analysts adjust their P/E assumptions and margins while still factoring in ongoing revenue growth expectations supported by recent sector research on alternative asset managers. Analyst Commentary Analysts are using recent research on global alternative asset managers as a reference point when thinking about Apollo Tyres, especially around what multiples to apply and how much earnings power to ascribe to future cycles.
Analysis Article May 23

Statutory Profit Doesn't Reflect How Good Apollo Tyres' (NSE:APOLLOTYRE) Earnings Are

Even though Apollo Tyres Limited ( NSE:APOLLOTYRE ) posted strong earnings, investors appeared to be underwhelmed. Our...
Narrative Update May 14

APOLLOTYRE: Andhra Pradesh Capacity Buildout Will Support Long Term Earnings Power

Analysts have kept the fair value estimate for Apollo Tyres steady at ₹534.17, with only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this latest price target update. Analyst Commentary Recent Street research around Apollo linked entities has focused on shifts in price targets and reassessments of earnings assumptions, which offer a useful backdrop when you think about Apollo Tyres’ own valuation and execution risks.
Narrative Update Apr 28

APOLLOTYRE: Andhra Pradesh Expansion Will Drive Long Term Earnings Power

The analyst price target for Apollo Tyres has been adjusted slightly lower to reflect a new fair value estimate of about ₹534. This reflects analysts factoring in a modestly higher discount rate, steady revenue growth expectations around 7%, and a small trim to projected profit margins and future P/E assumptions.
Narrative Update Apr 12

APOLLOTYRE: Future Upside Hinges On Andhra Pradesh Capacity Expansion Delivery

Analysts have trimmed the Apollo Tyres price target from about ₹558.61 to roughly ₹539.74. This reflects slightly higher discounting, a marginally different revenue growth and profit margin profile, and a modestly lower assumed future P/E multiple.
Narrative Update Mar 28

APOLLOTYRE: Future Returns Will Reflect Andhra Pradesh Capacity Expansion Execution

Analysts have slightly reduced the Apollo Tyres fair value estimate, adjusting the target from ₹562.71 to ₹558.61 as they refine assumptions on discount rate, revenue growth, profit margin and future P/E in line with recent sector research trends. Analyst Commentary Recent changes in fair value estimates for Apollo Tyres sit against a backdrop of busy activity around alternative asset managers that share the Apollo name.
Narrative Update Mar 08

APOLLOTYRE: Future Returns Will Reflect Andhra Pradesh Expansion And Cash Deployment Discipline

Analysts have kept our fair value estimate for Apollo Tyres steady at ₹562.71 per share, with only marginal tweaks to the discount rate and long term assumptions. This reflects broadly unchanged views on revenue growth, profit margins and future P/E despite recent recalibration of price targets across the wider alternatives and credit space.
Narrative Update Feb 21

APOLLOTYRE: Future Returns Will Reflect Capacity Expansion And Refined Earnings Assumptions

The latest analyst update on Apollo Tyres reflects a modest recalibration of assumptions, with the long term fair value held around ₹562.71 per share while analysts factor in slightly higher discount rates and revenue growth expectations, along with a small adjustment to profit margin and future P/E inputs. Analyst Commentary Recent Street research around Apollo branded entities has focused on recalibrating price targets rather than making sweeping calls.
Narrative Update Feb 07

APOLLOTYRE: Future Returns Will Reflect Refined Earnings Assumptions And Governance Watchpoints

Analysts have trimmed their fair value estimate for Apollo Tyres to ₹562.71 from ₹569.33, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research around the broader Apollo group has focused on adjustments to price targets and views on future execution, which can offer some read across on how analysts think about valuation, growth and risk for names like Apollo Tyres as well.
Narrative Update Jan 24

APOLLOTYRE: Future Returns Will Reflect Refined Earnings Assumptions And Supportive Capital Markets

Analysts have nudged their fair value estimate for Apollo Tyres slightly higher to ₹569.33 from ₹562.83, citing small refinements in projected revenue growth, profit margins and future P/E assumptions, while keeping discount rate expectations broadly unchanged. Analyst Commentary Recent Street research on related Apollo entities has focused on how valuation targets are being fine tuned rather than completely reset.
Narrative Update Jan 09

APOLLOTYRE: Future Returns Will Reflect Repriced Credit Risk And Supportive Capital Markets

Narrative Update on Apollo Tyres The latest analyst work trims the implied fair value for Apollo Tyres from ₹564.74 to ₹562.83, as small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions bring price targets in line with recent peer group updates from analysts on alternative asset managers. Analyst Commentary Recent research on alternative asset managers is being used as a reference point for revisiting assumptions on Apollo Tyres, particularly around discount rates, earnings resilience and appropriate P/E ranges.
Analysis Article Jan 02

Apollo Tyres Limited's (NSE:APOLLOTYRE) P/E Is On The Mark

Apollo Tyres Limited's ( NSE:APOLLOTYRE ) price-to-earnings (or "P/E") ratio of 39.6x might make it look like a strong...
Narrative Update Dec 25

APOLLOTYRE: Future Returns Will Balance Credit Risks With Fee And Capital Markets Tailwinds

Analysts have trimmed their price target on Apollo Tyres slightly, cutting it by INR 3 to reflect a more cautious stance on near term credit conditions, even as they acknowledge ongoing tailwinds from capital markets activity and fee driven earnings. Analyst Commentary Analysts remain divided on Apollo Tyres, with recent target cuts framed more as valuation housekeeping than a thesis change, as they balance solid fee based growth drivers against a more uncertain credit backdrop.
Analysis Article Dec 12

We Like These Underlying Return On Capital Trends At Apollo Tyres (NSE:APOLLOTYRE)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Dec 10

APOLLOTYRE: Future Performance Will Reflect Steady Margins Amid Shifting Discount-Rate Environment

Analysts have modestly trimmed their price target on Apollo Tyres, citing slightly lower discount rate assumptions and a marginally softer outlook on long term earnings multiples, while growth and margin expectations remain broadly unchanged. This has resulted in only a small adjustment to their fair value estimate, which now stands near ₹565 per share.
Narrative Update Nov 26

APOLLOTYRE: Medium-Term Performance Will Reflect Market Rebound and Credit Risk Balance

Apollo Tyres' fair value target has increased from ₹521.30 to ₹564.74, as analysts cite improving revenue growth, profit margins, and sector tailwinds. These factors support higher valuations despite ongoing market concerns.
Analysis Article Nov 21

Some May Be Optimistic About Apollo Tyres' (NSE:APOLLOTYRE) Earnings

Soft earnings didn't appear to concern Apollo Tyres Limited's ( NSE:APOLLOTYRE ) shareholders over the last week. We...
Analysis Article Nov 16

Earnings Miss: Apollo Tyres Limited Missed EPS By 45% And Analysts Are Revising Their Forecasts

The quarterly results for Apollo Tyres Limited ( NSE:APOLLOTYRE ) were released last week, making it a good time to...
Narrative Update Nov 12

APOLLOTYRE: Medium-Term Outlook Will Balance Market Recovery With Credit Concerns

The analyst price target for Apollo Tyres has been reduced slightly. Analysts cite ongoing credit market concerns and the normalization of investment income as key factors behind the new outlook.
Narrative Update Oct 29

Future Earnings Stability And Market Challenges Will Offset Expansion Opportunities

The analyst price target for Apollo Tyres has increased slightly from ₹519.58 to ₹521.30, reflecting analysts' continued optimism regarding earnings potential, even as there have been modest adjustments in valuation assumptions and market headwinds. Analyst Commentary Recent analyst discussions highlight both supportive factors and ongoing concerns affecting Apollo Tyres' valuation and outlook.
Narrative Update Oct 15

Recovery In Demand And Market Share Gains Will Drive Future Success In Tyre Industry

Apollo Tyres' analyst price target has been raised from ₹509.29 to ₹519.58, as analysts cite improved revenue growth and profit margin expectations. This is supported by a positive outlook on earnings and operational efficiencies.
Analysis Article Sep 25

Is Apollo Tyres (NSE:APOLLOTYRE) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Sep 05

Recovery In Demand And Market Share Gains Will Drive Future Success In Tyre Industry

With both the Future P/E and Discount Rate remaining essentially unchanged, there has been no material revision to Apollo Tyres' fair value, with the consensus analyst price target stable at ₹509.29. What's in the News Apollo Global Management is planning to launch a $5B sports investment vehicle, marking its first use of permanent capital in the sector and driving new strategic hires (Financial Times, 2025-09-02).
Analysis Article Aug 12

Apollo Tyres Limited Just Missed EPS By 96%: Here's What Analysts Think Will Happen Next

NSEI:APOLLOTYRE 1 Year Share Price vs Fair Value Explore Apollo Tyres's Fair Values from the Community and select yours...
Analysis Article Jul 25

Here's Why Shareholders May Want To Be Cautious With Increasing Apollo Tyres Limited's (NSE:APOLLOTYRE) CEO Pay Packet

Key Insights Apollo Tyres' Annual General Meeting to take place on 31st of July Salary of ₹49.3m is part of CEO Neeraj...
Analysis Article Jul 13

Earnings Miss: Apollo Tyres Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

The yearly results for Apollo Tyres Limited ( NSE:APOLLOTYRE ) were released last week, making it a good time to...
Analysis Article Jun 28

Returns At Apollo Tyres (NSE:APOLLOTYRE) Are On The Way Up

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Mar 12

The Return Trends At Apollo Tyres (NSE:APOLLOTYRE) Look Promising

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Feb 25

Fewer Investors Than Expected Jumping On Apollo Tyres Limited (NSE:APOLLOTYRE)

Apollo Tyres Limited's ( NSE:APOLLOTYRE ) price-to-earnings (or "P/E") ratio of 19.7x might make it look like a buy...
Analysis Article Feb 07

Here's Why Apollo Tyres (NSE:APOLLOTYRE) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 23

Calculating The Fair Value Of Apollo Tyres Limited (NSE:APOLLOTYRE)

Key Insights Apollo Tyres' estimated fair value is ₹371 based on 2 Stage Free Cash Flow to Equity With ₹439 share...
User avatar
New Narrative Jan 05

Digitalization, Premiumization, And Sustainability Efforts Propel Growth Amid European Recovery

Recovery in European markets and premiumization efforts could boost revenues and margins through improved product mix and higher-value product focus.
Analysis Article Dec 05

Should You Investigate Apollo Tyres Limited (NSE:APOLLOTYRE) At ₹534?

Apollo Tyres Limited ( NSE:APOLLOTYRE ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article Nov 16

Earnings Miss: Apollo Tyres Limited Missed EPS By 20% And Analysts Are Revising Their Forecasts

Last week, you might have seen that Apollo Tyres Limited ( NSE:APOLLOTYRE ) released its quarterly result to the...
Analysis Article Nov 10

Little Excitement Around Apollo Tyres Limited's (NSE:APOLLOTYRE) Earnings

With a price-to-earnings (or "P/E") ratio of 19.2x Apollo Tyres Limited ( NSE:APOLLOTYRE ) may be sending bullish...
Analysis Article Oct 25

Apollo Tyres' (NSE:APOLLOTYRE) Returns On Capital Are Heading Higher

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article Oct 10

Apollo Tyres Limited (NSE:APOLLOTYRE) Shares Could Be 24% Above Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Apollo Tyres fair value estimate is ₹410 Apollo Tyres' ₹507...
Analysis Article Sep 09

Should You Be Adding Apollo Tyres (NSE:APOLLOTYRE) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Aug 10

Earnings Miss: Apollo Tyres Limited Missed EPS By 19% And Analysts Are Revising Their Forecasts

Last week, you might have seen that Apollo Tyres Limited ( NSE:APOLLOTYRE ) released its quarterly result to the...
Analysis Article Jul 31

Does Apollo Tyres (NSE:APOLLOTYRE) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 16

Apollo Tyres Limited (NSE:APOLLOTYRE) Looks Inexpensive But Perhaps Not Attractive Enough

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 34x, you may consider Apollo...
Analysis Article Jun 08

With EPS Growth And More, Apollo Tyres (NSE:APOLLOTYRE) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 22

What Is Apollo Tyres Limited's (NSE:APOLLOTYRE) Share Price Doing?

Apollo Tyres Limited ( NSE:APOLLOTYRE ), might not be a large cap stock, but it saw significant share price movement...
Analysis Article Mar 27

Apollo Tyres Limited's (NSE:APOLLOTYRE) Prospects Need A Boost To Lift Shares

Apollo Tyres Limited's ( NSE:APOLLOTYRE ) price-to-earnings (or "P/E") ratio of 16.3x might make it look like a buy...
Analysis Article Feb 29

We Think Apollo Tyres (NSE:APOLLOTYRE) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 10

Earnings Beat: Apollo Tyres Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Last week, you might have seen that Apollo Tyres Limited ( NSE:APOLLOTYRE ) released its quarterly result to the...
Analysis Article Feb 06

Apollo Tyres (NSE:APOLLOTYRE) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Jan 23

Why Apollo Tyres Limited (NSE:APOLLOTYRE) Could Be Worth Watching

Apollo Tyres Limited ( NSE:APOLLOTYRE ), might not be a large cap stock, but it led the NSEI gainers with a relatively...
Analysis Article Jan 10

Is Now The Time To Put Apollo Tyres (NSE:APOLLOTYRE) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 25

Apollo Tyres Limited's (NSE:APOLLOTYRE) Low P/E No Reason For Excitement

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 30x, you may consider Apollo...
Analysis Article Nov 09

Here's Why Apollo Tyres (NSE:APOLLOTYRE) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Oct 25

What Does Apollo Tyres Limited's (NSE:APOLLOTYRE) Share Price Indicate?

Apollo Tyres Limited ( NSE:APOLLOTYRE ), is not the largest company out there, but it saw significant share price...
Analysis Article Oct 07

Is Now The Time To Put Apollo Tyres (NSE:APOLLOTYRE) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

APOLLOTYREIN Auto ComponentsIN Market
7D-2.2%0.6%-1.4%
1Y-14.6%12.4%-0.9%

Return vs Industry: APOLLOTYRE underperformed the Indian Auto Components industry which returned 12.4% over the past year.

Return vs Market: APOLLOTYRE underperformed the Indian Market which returned -0.9% over the past year.

Price Volatility

Is APOLLOTYRE's price volatile compared to industry and market?
APOLLOTYRE volatility
APOLLOTYRE Average Weekly Movement4.7%
Auto Components Industry Average Movement6.7%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: APOLLOTYRE has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: APOLLOTYRE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19727,302Neeraj Kanwarwww.apollotyres.com

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 Fundamentals Summary

How do Apollo Tyres's earnings and revenue compare to its market cap?
APOLLOTYRE fundamental statistics
Market cap₹248.80b
Earnings (TTM)₹13.72b
Revenue (TTM)₹284.71b
18.1x
P/E Ratio
0.9x
P/S Ratio

Is APOLLOTYRE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
APOLLOTYRE income statement (TTM)
Revenue₹284.71b
Cost of Revenue₹155.54b
Gross Profit₹129.17b
Other Expenses₹115.45b
Earnings₹13.72b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)21.61
Gross Margin45.37%
Net Profit Margin4.82%
Debt/Equity Ratio15.7%

How did APOLLOTYRE perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
28%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 15:50
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Apollo Tyres Limited is covered by 45 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Annamalai Jayaraj360 ONE Capital Market Private Limited
Basudeb BanerjeeAmbit Capital
Nitin BhasinAmbit Capital