APOLLOTYRE

Apollo Tyres Share Price

₹514.85
+ 11.3 (2.24%)
15 October, 2024 12:25 BSE: 500877 NSE: APOLLOTYRE ISIN: INE438A01022

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Apollo Tyres Performance

Day Range

  • Low 506
  • High 518
₹ 514

52 Week Range

  • Low 368
  • High 585
₹ 514
  • Open Price507
  • Previous Close504
  • Volume1106406

Apollo Tyres Chart

  • Over 1 Month -3.07%
  • Over 3 Month -1.59%
  • Over 6 Month + 5.86%
  • Over 1 Year + 33.81%

Apollo Tyres Key Statistics

P/E Ratio 20.1
PEG Ratio 0.8
Market Cap Cr 32,698
Price to Book Ratio 2.4
EPS 18.6
Dividend 1.2
Relative Strength Index 41.92
Money Flow Index 49.26
MACD Signal 1.15
Average True Range 14.11

Apollo Tyres Investment Rating

  • Master Rating:
  • Apollo Tyres (Nse) has an operating revenue of Rs. 25,467.99 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 10% is healthy, ROE of 12% is good. The company has a reasonable debt to equity of 19%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -11% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 70 which is a FAIR score but needs to improve its earnings, a RS Rating of 38 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 129 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 declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Apollo Tyres Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,5924,3874,3324,4074,4134,366
Operating Expenses Qtr Cr 3,9583,7033,5483,5653,6273,670
Operating Profit Qtr Cr 633684784841787696
Depreciation Qtr Cr 229235228228226242
Interest Qtr Cr 8788100106110118
Tax Qtr Cr 10317515918616497
Net Profit Qtr Cr 192212296344303256
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 17,67517,376
Operating Expenses Annual Cr 14,44315,190
Operating Profit Annual in Cr 3,0972,111
Depreciation Cr 917907
Interest Annual Cr 403467
Tax Annual Cr 683233
Net Profit Annual Cr 1,154579
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,0851,531
Cash from Investing Activity Annual Cr -435-232
Cash from Financing Annual Activity Cr -1,656-1,115
Net Cash Flow Annual Cr -5184
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 10,4399,900
Fixed Assets Annual Cr 11,48611,948
Total Non Current Assets Annual Cr 14,35414,830
Total Current Assets Annual Cr 5,6895,285
Total Assets Annual Cr 20,04420,115
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 164156
ROE Annual % 116
ROCE Annual % 159
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1813
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 6,3356,2586,5956,2806,2456,247
Operating Expenses Qtr Cr 5,4265,2305,3875,1205,1935,249
Operating Profit Qtr Cr 9091,0281,2081,1601,051998
Depreciation Qtr Cr 370388368360362372
Interest Qtr Cr 107115123133135139
Tax Qtr Cr 12120922420617999
Net Profit Qtr Cr 302354497474397427
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 25,53124,609
Operating Expenses Annual Cr 20,93021,254
Operating Profit Annual in Cr 4,4473,314
Depreciation Cr 1,4781,419
Interest Annual Cr 506531
Tax Annual Cr 818323
Net Profit Annual Cr 1,7221,105
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 3,4402,134
Cash from Investing Activity Annual Cr -711-476
Cash from Financing Annual Activity Cr -2,659-1,692
Net Cash Flow Annual Cr 70-34
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 13,90212,878
Fixed Assets Annual Cr 17,12317,677
Total Non Current Assets Annual Cr 17,93018,501
Total Current Assets Annual Cr 9,0288,859
Total Assets Annual Cr 26,95727,359
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 219203
ROE Annual % 129
ROCE Annual % 1610
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1814

Apollo Tyres Technicals

EMA & SMA

Current Price
₹514.85
+ 11.3 (2.24%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹517.57
  • 50 Day
  • ₹516.67
  • 100 Day
  • ₹510.51
  • 200 Day
  • ₹491.09
  • 20 Day
  • ₹523.19
  • 50 Day
  • ₹512.75
  • 100 Day
  • ₹511.16
  • 200 Day
  • ₹501.92

Apollo Tyres Resistance and Support

PIVOT
₹503.5
Resistance
First Resistance 506.70
Second Resistance 509.85
Third Resistance 513.05
RSI 41.92
MFI 49.26
MACD Single Line 1.15
MACD -2.98
Support
First Support 500.35
Second Support 497.15
Third Supoort 494.00

Apollo Tyres Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 607,862 18,740,385 30.83
Week 1,298,245 50,190,159 38.66
1 Month 2,162,705 77,424,828 35.8
6 Month 3,247,205 128,978,964 39.72

Apollo Tyres Result Highlights

Apollo Tyres Synopsis

NSE-Auto/Truck-Tires & Misc

Apollo Tyres 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. 17539.33 Cr. and Equity Capital is Rs. 63.51 Cr. for the Year ended 31/03/2024. Apollo Tyres Ltd. is a Public Limited Listed company incorporated on 28/09/1972 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L25111KL1972PLC002449 and registration number is 002449.
Market Cap 31,981
Sales 17,718
Shares in Float 40.01
No of funds 332
Yield 1.19
Book Value 3.06
U/D Vol ratio 1
LTDebt / Equity 23
Alpha
Beta 1.02

Apollo Tyres Shareholding Pattern

Owner NameJun-24Mar-24Dec-23
Promoters 37.36%37.36%37.34%
Mutual Funds 19.23%16.77%17.42%
Insurance Companies 5.47%4.9%4.3%
Foreign Portfolio Investors 14.46%18.16%17.96%
Financial Institutions/ Banks 0.01%0.09%0.01%
Individual Investors 7.29%6.68%6.62%
Others 16.18%16.04%16.35%

Apollo Tyres Management

Name Designation
Mr. Onkar Kanwar Chairman
Mr. Neeraj Kanwar Vice Chairman & Mng.Director
Mr. Gaurav Kumar WholeTime Director & CFO
Mr. Francesco Crispino Director
Mr. Francesco Gori Director
Ms. Lakshmi Puri Director
Mr. Vishal Mahadevia Director
Dr. Jaimini Bhagwati Director
Mr. Sunam Sarkar Director
Mr. Akshay Chudasama Director
Mr. Vinod Rai Director
Mr. Vikram S Mehta Director

Apollo Tyres Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Apollo Tyres Corporate Action

Date Purpose Remarks
2024-08-07 Quarterly Results
2024-05-14 Audited Results & Final Dividend
2024-02-07 Quarterly Results
2023-11-07 Quarterly Results
2023-08-10 Quarterly Results
Date Purpose Remarks
2024-07-05 FINAL Rs.6.00 per share(600%)Final Dividend
2023-07-14 FINAL Rs.4.00 per share(400%)Final Dividend
2023-07-14 SPECIAL Rs.0.50 per share(50%)Special Dividend
2022-06-17 FINAL Rs.3.25 per share(325%)Dividend

Apollo Tyres FAQs

What is Share Price of Apollo Tyres ?

Apollo Tyres share price is ₹514 As on 15 October, 2024 | 12:11

What is the Market Cap of Apollo Tyres ?

The Market Cap of Apollo Tyres is ₹32698.2 Cr As on 15 October, 2024 | 12:11

What is the P/E ratio of Apollo Tyres ?

The P/E ratio of Apollo Tyres is 20.1 As on 15 October, 2024 | 12:11

What is the PB ratio of Apollo Tyres ?

The PB ratio of Apollo Tyres is 2.4 As on 15 October, 2024 | 12:11

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Q2FY23