Apollo Tyres Ltd. Results

H1FY25 & Q2FY25 Result Announced for Apollo Tyres Ltd.

Auto Tyres & Rubber Products company Apollo Tyres announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue Rs 64,370 million YoY +2.5%. EBITDA Rs 8,779 million YoY -24.3%. EBITDA Margins 13.6% YoY -483 Bps. ROCE 13.5%. Net Debt / EBITDA 0.8x. H1FY25 Financial Highlights: Revenue Rs 127,719 million YoY +2.0%. EBITDA Rs 17,871 million YoY -19.2%. EBITDA Margins 14.0% YoY -366 Bps. ROCE 11.1%. Net Debt / EBITDA 0.8x. Other Highlights: Net debt at the end of Sept’24 increased by Rs 4.6 billion, compared to Mar’24. The increase in net debt was driven by increase in short term borrowings, which was in turn impacted by higher working capital. We continue to pare down long term debt, which was down by Rs 7.6 billion in September 2024 compared to March 2024. Net Debt / EBITDA increased marginally in Sept’24 compared to Mar’24.

Q3FY23 Quarterly Result Announced for Apollo Tyres Ltd.

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.

Q3FY22 Quarterly Result Announced for Apollo Tyres Ltd.

Apollo Tyres declares Q3FY22 result: Growth across both India & Europe operations driven by sharp execution, price increases and strong volume growth in Europe YoY decline in Operating margins on the back of steep increase in RM costs, constrained OEM demand and Agri demand weakness QoQ improvement in operating margins as continued strong operating performance in Europe negated weakness in India operating performance

Q2FY22 Quarterly Result Announced for Apollo Tyres Ltd.

Highlights: Revenue INR 50,733 Mn Y-o-Y 18.2% Net Profit INR 1,738 Mn EBITDA INR 6,380 Mn Y-o-Y -9.8% EBITDA Margins 12.6% Y-o-Y -390 Bps Diluted EPS INR 2.74 PAT Margins 3.4% Y-o-Y 916 Bps Net Profit INR 1,738 Mn Revenue INR 96,618 Mn Y-o-Y 34.6% EBITDA INR 12,048 Mn Y-o-Y 26.5% EBITDA Margins 12.5% Y-o-Y -80 Bps Net Profit INR 3,016 Mn PAT Margins 3.1% Y-o-Y 843 Bps Diluted EPS INR 4.75 Robust growth across both India and European operations driven by strong volume recovery, sharp execution and price increases taken Operating performance impacted by steep increase in RM costs and constrained OEM demand (especially for PCR) due to chip shortage Continued strong operating performance in Europe helped strengthen the consolidated operating margins