APOLLOTYRE

Apollo Tyres Share PriceApollo Tyres

₹426.1
3.5 (0.83%)
  • Advice
  • Hold
As on 29 November, 2023 | 20:42 BSE: 500877 NSE: APOLLOTYREISIN: INE438A01022

Apollo Tyres Performance

Day Range

  • Low 421.30
  • High 426.90
₹ 426.1

52 Week Range

  • Low 296.05
  • High 440.90
₹ 426.1
  • Open Price425.00
  • Previous Close422.60
  • Volume1207141

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Apollo Tyres Share Price

  • Over 1 Month 13.45%
  • Over 3 Month 9.35%
  • Over 6 Month 8.62%
  • Over 1 Year 35.21%

Apollo Tyres Key Statistics

P/E Ratio 17
PEG Ratio 0.1
Market Cap Cr 27,062
Price to Book Ratio 2.1
EPS 9
Dividend 1.1
Relative Strength Index 63.67
Money Flow Index 73.69
MACD Signal 10.36
Average True Range 8.6

Apollo Tyres Investment Rating

  • Master Rating:
  • Apollo Tyres (Nse) has an operating revenue of Rs. 25,194.23 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 6% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 29%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 12% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 52 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 98 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Apollo Tyres Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4,4074,4134,3664,2474,2524,4363,988
Operating Expenses Qtr Cr 3,5653,6273,6703,6983,8154,0073,612
Operating Profit Qtr Cr 841787696548437429376
Depreciation Qtr Cr 228226242227223216234
Interest Qtr Cr 106110118123121106108
Tax Qtr Cr 1861649771333218
Net Profit Qtr Cr 3443032561388110454
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 17,37614,776
Operating Expenses Annual Cr 15,19013,219
Operating Profit Annual in Cr 2,1111,431
Depreciation Cr 907824
Interest Annual Cr 467382
Tax Annual Cr 23389
Net Profit Annual Cr 579261
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,5311,644
Cash from Investing Activity Annual Cr -232-896
Cash from Financing Annual Activity Cr -1,115-658
Net Cash Flow Annual Cr 18490
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 9,9009,518
Fixed Assets Annual Cr 11,94812,377
Total Non Current Assets Annual Cr 14,83015,229
Total Current Assets Annual Cr 5,2854,794
Total Assets Annual Cr 20,11520,023
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 156150
ROE Annual % 63
ROCE Annual % 95
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1311
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 6,2806,2456,2476,4235,9565,9425,578
Operating Expenses Qtr Cr 5,1205,1935,2495,5095,2445,2524,952
Operating Profit Qtr Cr 1,1601,051998913712690626
Depreciation Qtr Cr 360362372354349344375
Interest Qtr Cr 133135139142132118128
Tax Qtr Cr 20617999132444847
Net Profit Qtr Cr 474397427292194191113
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 24,60921,071
Operating Expenses Annual Cr 21,25418,373
Operating Profit Annual in Cr 3,3142,574
Depreciation Cr 1,4191,400
Interest Annual Cr 531444
Tax Annual Cr 323209
Net Profit Annual Cr 1,105639
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,1342,239
Cash from Investing Activity Annual Cr -476-1,181
Cash from Financing Annual Activity Cr -1,692-1,175
Net Cash Flow Annual Cr -34-118
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 12,87811,752
Fixed Assets Annual Cr 17,67717,994
Total Non Current Assets Annual Cr 18,50118,855
Total Current Assets Annual Cr 8,8597,850
Total Assets Annual Cr 27,35926,705
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 203185
ROE Annual % 95
ROCE Annual % 107
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1413

Apollo Tyres Technicals

EMA & SMA

Current Price
₹426.1
3.5 (0.83%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹413.12
  • 50 Day
  • ₹400.85
  • 100 Day
  • ₹393.22
  • 200 Day
  • ₹373.01
  • 20 Day
  • ₹412.69
  • 50 Day
  • ₹390.74
  • 100 Day
  • ₹399.42
  • 200 Day
  • ₹376.20

Apollo Tyres Resistance and Support

PIVOT
₹424.77
Resistance
First Resistance 428.23
Second Resistance 430.37
Third Resistance 433.83
RSI 63.67
MFI 73.69
MACD Single Line 10.36
MACD 9.97
Support
First Resistance 422.63
Second Resistance 419.17
Third Resistance 417.03

Apollo Tyres Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,295,367 76,491,421 59.05
Week 971,959 49,113,063 50.53
1 Month 2,720,578 87,983,491 32.34
6 Month 2,370,449 85,810,258 36.2

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. 17301.02 Cr. and Equity Capital is Rs. 63.51 Cr. for the Year ended 31/03/2023. 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 27,058
Sales 17,433
Shares in Float 40.01
No of funds 330
Yield 0.95
Book Value 2.71
U/D Vol ratio 1.3
LTDebt / Equity 32
Alpha 0.09
Beta 0.93

Apollo Tyres

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 37.34%37.34%37.34%37.34%
Mutual Funds 13.97%14.26%15.01%13.69%
Insurance Companies 3.47%2.63%2.52%3.19%
Foreign Portfolio Investors 22.1%23.41%22.35%22.88%
Financial Institutions/ Banks 0.01%0.09%0.01%0.09%
Individual Investors 7.17%6.4%6.79%6.79%
Others 15.94%15.87%15.98%16.02%

Apollo Tyres Management

Name Designation
Mr. Onkar Kanwar Chairman
Mr. Neeraj Kanwar Vice Chairman & Mng.Director
Mr. Satish Sharma Whole Time Director
Mr. Robert Steinmetz Director
Mr. Francesco Crispino Director
Mrs. Pallavi Shroff Director
Mr. Sunam Sarkar Director
Mr. Akshay Chudasama Director
Mr. Vinod Rai Director
Mr. Vikram S Mehta Director
General Bikram Singh Director
Mr. Francesco Gori Director
Ms. Lakshmi Puri Director
Mr. Vishal Mahadevia Director
Dr. Jaimini Bhagwati 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
2023-11-07 Quarterly Results
2023-08-10 Quarterly Results
2023-05-09 Audited Results & Dividend
2023-02-02 Quarterly Results
2022-11-14 Quarterly Results
Date Purpose Remarks
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 MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
HDFC Mid-Cap Opportunities Fund Growth 47,846
Kotak Flexicap Fund Growth 39,269
Kotak Equity Arbitrage Fund Growth 28,958
SBI Arbitrage Opportunities Fund Regular Growth 22,370

Apollo Tyres FAQs

What is Share Price of Apollo Tyres ?

Apollo Tyres share price is ₹426 As on 29 November, 2023 | 20:28

What is the Market Cap of Apollo Tyres ?

The Market Cap of Apollo Tyres is ₹27061.6 Cr As on 29 November, 2023 | 20:28

What is the P/E ratio of Apollo Tyres ?

The P/E ratio of Apollo Tyres is 17 As on 29 November, 2023 | 20:28

What is the PB ratio of Apollo Tyres ?

The PB ratio of Apollo Tyres is 2.1 As on 29 November, 2023 | 20:28

Q2FY23