Goodyear India (GIL) is a leading tyre player domestically manufacturing tyres for the farm equipment (tractor) and CV space. GIL is also present across the PV category but does not manufacture the same. The manufacturing to trading mix was at 67:33 as of FY19. With healthy 8% growth in tractor volumes in FY19, GIL reported a healthy performance in FY19, with revenue from operations rising 14.9% YoY to | 1,912 crore. However, EBITDA fell 18.4% YoY to | 164 crore, with attendant margins coming off sharply by 351 bps YoY to 8.6%. Consequent PAT for FY19 was...