Obermatt

Apollo Tyres

NSI:APOLLOTYRE · INE438A01022
Auto ComponentsLarge

360

85
EV / EBIT41
Price / Owner Earnings41
Owner Earnings Yield67
Dividend Yield75
Price/Sales78
EV / Gross Profit89
Price/Book69
Return on Capital76
Cash Return on Capital67
Return on Equity54
EBIT Margin72
Gross Profitability94
Cash Conversion61
Owner Earnings Margin60
Sales growth42
Profit Growth68
Long-Term EPS Growth71
Reinvestment97
Price momentum12
Debt load49
Refinancing67
Debt Payback39
Liquidity41
Analyst ratings59
Opinion Changes59
Price Target Upside74
Market mood47
Value Creation17/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Apollo Tyres generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryAuto Components
SizeLarge
TypePublic Company
ExchangeNSEI
Founded1972
Employees5,106
ISININE438A01022
Last UpdateApr 2, 2026
Index & Theme
AutomotiveManufacturingProduct Design

Description

Apollo Tyres Limited, a leading manufacturer of tires for various vehicles, including passenger cars, two-wheelers, and commercial vehicles. Business Segments The company operates through Passenger Vehicle Tires, Commercial Vehicle Tires, and Speci…

Analysis

Middle-of-the-road

Apollo Tyres Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 14.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 2% a year, against analyst forecasts of 20%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 17/20 on our value-creation score: strong value creator.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
98
2023202420252026

All-time high

98

Jun 2026

All-time low

32

Jan 2025

Average rank

68

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
78
85
76
87
Price/Earnings
70
81
76
77
Price/Book
69
83
76
88
Dividend Yield
75
69
71
58
Value (overall)
88
87
86
83

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →