Investment Ratings
-
Master Rating:
-
Goodyear India has an operating revenue of Rs. 2,316.09 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 10% is healthy, ROE of 16% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 48 which is a POOR score indicating inconsistency in earnings, a RS Rating of 15 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 153 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Analyst Recommendation : HOLD
Goodyear India Ltd Forecast
Price Estimates
Eps And Sales Estimates
Goodyear India Ltd Synopsis
NSE-Auto/Truck-Tires & Misc
Goodyear India is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company’s Total Operating Revenue is Rs. 1791.71 Cr. and Equity Capital is Rs. 23.07 Cr. for the Year ended 31/03/2021. Goodyear India Ltd. is a Public Limited Listed company incorporated on 28/03/1961 and has its registered office in the State of Haryana, India. Company’s Corporate Identification Number(CIN) is L25111HR1961PLC008578 and registration number is 008578.-
Market Cap
INR 2,271.98 Cr
-
Sales
INR 2,316.09 Cr
-
Shares in Float
0.60 Cr
-
No of Funds
53 K
-
Yield
9.96%
-
Book Value
2.7
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U/D Vol Ratio
0.8
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LTDebt/Equity
%
-
Alpha
-0.14
-
Beta
0.58
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 74% | 74% | 74% |
| Mutual Funds | 6.12% | 6.51% | 7.02% |
| Insurance Companies | 1.27% | 1.18% | 0.02% |
| Foreign Portfolio Investors | 0.82% | 1.75% | 1.73% |
| Financial Institutions/ Banks | 0.05% | 0.05% | 0.04% |
| Individual Investors | 13.03% | 12.14% | 13.13% |
| Others | 4.71% | 4.37% | 4.06% |
| Name | Designation |
|---|---|
| Mr. Sandeep Mahajan | Chairman & Managing Director |
| Mr. Rajiv Lochan Jain | Director |
| Mr. Rajeev Kher | Director |
| Ms. Sudha Ravi | Director |
| Ms. Nicole Amanda Nuttall | Director |
| Mr. Manish Mundra | Director |
Goodyear India Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 698.26 | 534.15 | 569.34 | 514.34 | 481.1 |
| Operating Expenses Qtr Cr | 638.23 | 489.33 | 501.88 | 439.93 | 407.66 |
| Operating Profit Qtr Cr | 60.03 | 44.82 | 67.46 | 74.41 | 73.44 |
| Depreciation Qtr Cr | 12.98 | 13.48 | 13.35 | 13.1 | 13.21 |
| Interest Qtr Cr | 0.91 | 0.86 | 0.84 | 0.9 | 0.87 |
| Tax Qtr Cr | 13.36 | 9.1 | 15.2 | 16.89 | 16.33 |
| Net Profit Qtr Cr | 39.16 | 26.89 | 43.22 | 48.97 | 48.56 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 1814.29 | 1780.74 | 1949.6 | 1701.34 | 1544.75 |
| Operating Expenses Annual Cr | 1574.95 | 1609.83 | 1747.43 | 1463.02 | 1312.04 |
| Operating Profit Annual in Cr | 216.76 | 135.74 | 164.48 | 201.67 | 199.8 |
| Depreciation Cr | 52.75 | 50.1 | 41.03 | 36.15 | 33.74 |
| Interest Annual Cr | 3.42 | 3.97 | 3 | 2.89 | 3.36 |
| Tax Annual Cr | 46.91 | 28 | 56.07 | 69.32 | 68.24 |
| Net Profit Annual Cr | 136.26 | 88.84 | 102.07 | 129.96 | 127.37 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 293.78 | 65.44 | 56.57 | 182.28 | 167.77 |
| Cash from Investing Activity Annual Cr | 86.89 | -96.14 | -35.56 | -22.04 | -11.5 |
| Cash from Financing Annual Activity Cr | -223.11 | -44.8 | -38.87 | -37.28 | -36.62 |
| Net Cash Flow Annual Cr | 157.56 | -75.5 | -17.86 | 122.96 | 119.65 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 839.57 | 915.74 | 867.12 | 802.19 | 707.08 |
| Fixed Assets Annual Cr | 328.09 | 330.41 | 301.24 | 272.4 | 258.09 |
| Total Non Current Assets Annual Cr | 369.4 | 365.98 | 335.47 | 307.62 | 284.44 |
| Total Current Assets Annual Cr | 1021.2 | 940.82 | 995.06 | 989.95 | 805.13 |
| Total Assets Annual Cr | 1390.6 | 1306.8 | 1330.53 | 1297.57 | 1089.57 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 363.922 | 396.939 | 375.864 | 347.719 | 306.493 |
| ROE Annual % | 16.22 | 9.7 | 11.77 | 16.2 | 18.01 |
| ROCE Annual % | 21.27 | 12.65 | 17.98 | 24.29 | 27.03 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 13.35 | 9.79 | 10.57 | 14.31 | 15.39 |
Goodyear India Ltd Technicals
EMA & SMA
CURRENT PRICE
982.1 
(-0.23)
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- Bullish Moving Averages 2
- Bearish Moving Averages 14
EMA
-
20 Day
991.7
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50 Day
1013.24
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100 Day
1023.27
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200 Day
1013.31
Goodyear India Ltd Resistance and support
984.8 PIVOT
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First Resistance
989.6
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Second Resistance
994.8
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Third Resistance
999.6
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First Support
979.6
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Second Support
974.8
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Third Support
969.6
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RSI
43.14
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MFI
31.04
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MACD
-12.31
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MACD signal line
-13
Goodyear India Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 12,935 | 834,437 | 64.51% |
| Week | 13,816 | 654,888 | 47.4% |
| 1 Month | 18,994 | 1,049,814 | 55.27% |
| 6 Month | 56,431 | 2,610,492 | 46.26% |
Goodyear India Ltd Price change analysis
-36.6
Over 1 month
Low High 940 1040
-56.6
Over 3 month
Low High 940 1085.5
-12.7
Over 6 months
Low High 940 1331.85
-166.5
Over Year
Low High 826.7 1331.85Similar Stocks
| Company Name | 52 Week () |
Market Price () | Volume |
|---|---|---|---|
| Balkrishna Industries Ltd | 2,724.40 | 2,230.50 (3.76%) | 9402 |
| CEAT Ltd | 1,763.15 | 1,138.00 (0.42%) | 1929 |
| Apollo Tyres Ltd | 261.20 | 215.90 (3.18%) | 170594 |
| Birla Tyres Ltd | 43.15 | 23.40 (0.00%) | 15440 |
News
Goodyear India Ltd - 500168 - Compliances-Reg. 39 (3) - Deta
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed the inform Read More
GOODYEAR INDIA LTD. - 500168 - Announcement under Regulation
Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the copy of Read More
Goodyear India Ltd - 500168 - Compliances-Reg. 39 (3) - Deta
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed the inform Read More
Q2FY22 Result Quarterly Announced for Goodyear India Ltd.
Highlights: Total income of Rs 705 crore, up 45% versus the previous year Solid volume growth of 40% YoY driven by Consumer Replacement bu Read More
Goodyear India Ltd - 500168 - Announcement under Regulation
A copy of Press Release issued by the Company is enclosed as Annexure - B. Read MoreBlogs