396.8000 1.05 (0.27%)
NSE Jun 05, 2026 15:31 PM
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Apollo Tyres Ltd.
16 Nov 2025
396.80
0.27%
ICICI Direct
About the stock: Apollo Tyres (ATL), is a leading tyre manufacturer, having operations in India & Europe. In India, ATL has substantial presence in TBR (~30% market share) and PCR space (~20% market share). India contributes ~67% of sales Q2FY26 Results: ATL reported healthy performance in Q2'26. Revenues on consolidated basis in Q2FY26 stood at 6,831 crores, up 6% YoY. EBITDA for the quarter stood at 1,021 crore with EBITDA margins at 14.9%, up ~170 bps QoQ. Consequent PAT for Q2FY26 came in at 258 crores, down 13% on YoY basis (include one-time exceptional charge on account of closure of Netherland plant)....
ICICI Direct downgraded Apollo Tyres Ltd. to Hold with a price target of 425.0 on 19 May, 2026.
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