Apollo Tyres (APOLLOTYRE.NS) Stock Price
Apollo Tyres Price
Over the last 19 years Apollo Tyres grew revenue by 10.4% annually, reaching 282.14 B INR. Earnings per share have grown at 11.4% per year over the last 19 years. For Apollo Tyres, the net margin of 4.9% is up versus 3.0% a few years ago. At today's price the dividend yield works out to roughly 2.11%. The payout ratio is around 25% of earnings. The dividend has grown at 16.7% per year over the past 19 years. The consensus 12-month price target for Apollo Tyres is 571.20 INR, about 41.7% above where the stock trades today. Of 30 analysts, 19 rate the stock a buy — an overall Buy consensus.
Apollo Tyres stock price
Apollo Tyres business model & stock analysis
Frequently asked questions about Apollo Tyres
The main competitors of Apollo Tyres Limited in the market include other leading tyre manufacturers such as Bridgestone, Michelin, Goodyear, and Continental. These companies are well-known players in the global tyre industry and compete with Apollo Tyres Limited in terms of product quality, market share, and distribution network. Apollo Tyres Limited constantly strives to stay competitive and maintain its position in the market by offering innovative products, expanding its customer base, and strengthening its brand presence.
The business model of Apollo Tyres Limited is focused on the production and distribution of a wide range of tyres for various vehicles such as cars, trucks, buses, and motorcycles. The company operates through two business segments: Automotive and Others. The Automotive segment primarily includes the manufacturing and sale of tyres, tubes, and flaps, while the Others segment involves the sale of other related products and services. Apollo Tyres Limited aims to cater to the needs of both domestic and international customers by producing high-quality tyres that comply with global standards and offer exceptional performance, durability, and safety on the road.
Apollo Tyres Limited is primarily active in the automotive industry.
Apollo Tyres Limited is a renowned Indian company in the tire manufacturing industry. Established in 1972, Apollo Tyres has grown into a global leader, providing high-quality tires for various vehicles. The company has a rich history of innovation and expansion, earning a strong reputation for its reliable and durable products. With a focus on research and development, Apollo Tyres has achieved numerous milestones, making it a preferred choice for customers worldwide. The company's commitment to excellence and continuous growth has propelled them towards success, establishing them as a trusted brand in the automotive industry. Apollo Tyres Limited continues to deliver cutting-edge technology and superior products, ensuring customer satisfaction and making them a significant player in the global tire market.
Apollo Tyres Limited has achieved several significant milestones throughout its history. One remarkable accomplishment was the company's successful acquisition of the Netherlands-based tire manufacturer, Vredestein, in 2009. This strategic move allowed Apollo Tyres Limited to expand its global presence and establish a strong foothold in the European market. Additionally, the company has consistently been recognized for its commitment to innovation and technological advancements within the tire industry. Apollo Tyres Limited has also gained prominence for its sustainable business practices and initiatives focused on social responsibility. These achievements have solidified Apollo Tyres Limited's position as a leading player in the global tire manufacturing sector.
Apollo Tyres Limited is primarily present in various countries and regions. The company has a strong global presence and operates in multiple key markets. Some of the primary countries where Apollo Tyres Limited has a significant presence include India, the United States, the United Kingdom, Germany, the Netherlands, Hungary, and Thailand. With its strong distribution network and manufacturing facilities in these regions, Apollo Tyres Limited ensures efficient access to its products and services for customers worldwide.
Apollo Tyres Limited represents a strong set of values and corporate philosophy. The company is committed to delivering high-quality products, ensuring customer satisfaction, and driving innovation in the tire industry. With a focus on sustainability, Apollo Tyres prioritizes eco-friendly practices and aims to minimize its environmental impact. The company upholds principles of integrity, transparency, and ethical conduct, fostering trust among stakeholders. At Apollo Tyres, there is a deep emphasis on employee well-being, promoting a culture of inclusivity, diversity, and growth. Through its unwavering commitment to excellence, Apollo Tyres continuously strives to be a leader in the global tire market.
Analysts currently set an average price target of 570.62 INR for the Apollo Tyres stock (median: 571.20 INR), implying +41.0 % versus the latest price. The consensus is based on 30 analyst ratings.
30 analysts currently rate the Apollo Tyres stock: 19 recommend buying, 7 holding and 4 selling.
Converted at the current exchange rate, the Apollo Tyres share trades at 3.73 EUR (403.15 INR).
The Apollo Tyres share (APOLLOTYRE.NS) is listed on 2 stock exchanges, including: NSE (Indien) (APOLLOTYRE.NS).
Apollo Tyres Limited is a global manufacturer of car tires and one of the leading companies in the tire industry. The company was founded in 1972 and is headquartered in Gurgaon, India. Since its inception, Apollo Tyres Limited has continuously evolved and expanded its business into different regions and sectors. The main business areas of Apollo Tyres Limited include the manufacturing and distribution of car tires for passenger cars, trucks, and buses, as well as the production of bicycle tires and rubber products. The company operates multiple production facilities worldwide, including in India, the Netherlands, and Hungary. Apollo Tyres Limited is a B2B company and supplies globally renowned automobile manufacturers such as Daimler, Chrysler, Volkswagen, and Volvo. An important component of Apollo Tyres Limited's business model is the continuous development of new and innovative products. The company invests significant resources in research and development and works closely with its customers to understand the market's needs and requirements. Apollo Tyres Limited's product portfolio includes a wide range of tires for passenger cars, trucks, and buses. The company also offers specialty tires such as off-road tires and tires for agricultural vehicles. Some of the well-known brands include Apollo, Vredestein, and Dunlop. To meet the growing market demands, Apollo Tyres Limited has also invested in online tire sales. Through its online platform, customers worldwide can order tires and have them delivered to local fitting stations. Another important business area for Apollo Tyres Limited is its collaboration with automobile manufacturers. The company collaborates with its partners to develop special tires tailored to the specific needs of each vehicle. This collaboration allows Apollo Tyres Limited to strengthen its presence in the automotive industry while introducing innovative products to the market. Overall, Apollo Tyres Limited's business model can be described as broad, diversified, and innovative. The company operates in various sectors of the tire industry and works closely with its customers to understand and respond to the market's needs. With a strong focus on research and development and innovative products, Apollo Tyres Limited is well-positioned to continue growing and expand its market presence in the international automotive industry.
The revenue of Apollo Tyres is 282.14 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of Apollo Tyres is 13.72 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Apollo Tyres is currently 18.58. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Apollo Tyres stock.
The price-to-sales ratio (P/S) of Apollo Tyres is currently 0.90. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Apollo Tyres stock.
The Eulerpool Quality Score for Apollo Tyres is 7/10.
The ISIN of Apollo Tyres is INE438A01022. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of Apollo Tyres is APOLLOTYRE.NS. The ticker symbol is used to trade Apollo Tyres shares on the stock exchange.
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All fundamentals and in-depth analysis of Apollo Tyres
Our stock analysis for Apollo Tyres stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Apollo Tyres. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.