NSE: APOLLOTYRE | BSE: 500877

Slowing Down Stock

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455.15 -3.00 (-0.65%)

551.5K NSE+BSE Volume

NSE 18 Jul, 2025 3:31 PM (IST)

28,906.6

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

Apollo Tyres Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for APOLLOTYRE, BSE:500877 Apollo Tyres Ltd.

Apollo Tyres Ltd.

01 Nov 2021

455.15

-0.65%

Strong revenue growth dilutes cost inflation

Buy: Apollo Tyres Ltd.

Motilal Oswal

Consolidated performance: Revenue grew 18% YoY (11% QoQ) to INR50.8b (v/s est. INR48.7b). EBITDA declined 10% YoY (+13% QoQ) to INR6.4b (v/s est. INR6.6b). Adj PAT grew 37% YoY/QoQ to INR 1.77b (v/s est. INR1.8b). Standalone revenue growth was strong at 25% YoY (13% QoQ) to INR36.5b (v/s INR33.8b), driven by 13% volume growth. The gross margin declined 160bp QoQ (9.7pp YoY) to 32.6% (v/s est. 35%), impacted by higher-than-estimated cost inflation. The EBITDA margin declined 8.6pp YoY (-10bp QoQ) to 10.3% (v/s est. 11.7%). Adj PAT declined...

Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr

Apollo Tyres Ltd.

12 Aug 2021

455.15

-0.65%

APOLLO TYRES

Buy: Apollo Tyres Ltd.

Target

Geojit BNP Paribas

Apollo Tyres Limited manufactures tires and tubes for cars, trucks, farm equipment, and light commercial vehicles. The company markets its products with two global brands: Apollo and Vredestein in APMEA (Asia...

Apollo Tyres Ltd. has an average target of 549.00 from 5 brokers.

Apollo Tyres Ltd.

06 Aug 2021

455.15

-0.65%

Apollo Tyres

Buy: Apollo Tyres Ltd.

ICICI Securities Limited

Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr

Apollo Tyres Ltd.

05 Aug 2021

455.15

-0.65%

Apollo Tyres (SELL): Dull quarter; maintain SELL

Sell: Apollo Tyres Ltd.

BOB Capital Markets Ltd.

Q1 revenue in line but EBITDA margin disappoints at 12.4% due to gross margin pressure and lower operating efficiency

Apollo Tyres Ltd. is trading below its 30 day SMA of 455.8

Apollo Tyres Ltd.

29 Jun 2021

455.15

-0.65%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

On the margin front, ATL said that Europe margins achieved in H2FY21 (~15%) are sustainable, with Dutch plant specialisation holding the key to future performance. The company seeks to reduce raw material consumption by ~5-7% on like-to-like basis over the next five years, with production ramp up set to deliver operating leverage benefits across geographies, going forward. ATL is exploring organisation-wide capacity de-bottlenecking opportunities as a means to improve efficiencies. In order to meet revenue target, a fresh round of PCR and TBR expansion would be...

Apollo Tyres Ltd. has an average target of 549.00 from 5 brokers.

Apollo Tyres Ltd.

14 May 2021

455.15

-0.65%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Performance at the gross margin level in Q4FY21 surprised us positively. As against our expectation of 360 bps QoQ contraction on account of sharp increase in prices of key inputs over the past few months, the deterioration was limited to 240 bps. ATL undertook a price hike of 4.5% in India replacement segment in H2FY21. Going forward, we believe margins at the blended level would face pressures in the form of ongoing commodity cost escalation and dip in India channel mix (sales to OEMs set to grow faster than sales to aftermarket). However, completion of Dutch plant...

Apollo Tyres Ltd. has an average target of 549.00 from 5 brokers.

Apollo Tyres Ltd.

13 May 2021

455.15

-0.65%

Apollo Tyres (SELL): Margin headwinds ahead; maintain SELL

Sell: Apollo Tyres Ltd.

BOB Capital Markets Ltd.

Apollo Tyres (APTY) delivered an operational beat in Q4FY21 led by better margins in European operation.

Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr

Apollo Tyres Ltd.

15 Feb 2021

455.15

-0.65%

APOLLO TYRES

Buy: Apollo Tyres Ltd.

Target

Geojit BNP Paribas

Apollo Tyres Ltd. is trading below its 30 day SMA of 455.8

Apollo Tyres Ltd.

05 Feb 2021

455.15

-0.65%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Recommendation Target

ICICI Securities Limited

Q3FY21 margin performance was stupendous, riding on operating leverage benefits, price hikes in India and better product mix across geographies. Spike in prices of key inputs (natural rubber, crude derivatives) are seen impacting gross margins over the short term, thereby leading to an element of normalisation on the overall print. However, supportive factors exist in the form of tighter control over fixed costs along with sharp focus on improvement in European profitability. We build 15%, 16.3% margins on the consolidated basis for FY22E, FY23E, respectively. ATL's consolidated net...

Number of FII/FPI investors decreased from 295 to 271 in Mar 2025 qtr

Is Apollo Tyres Ltd. worth buying?

673 Votes:

Buy 79.05%

Sell 9.81%

Hold 11.14%

RESEARCH REPORTS

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Buy SEE REPORTS >

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