NSE: APOLLOTYRE | BSE: 500877

Mid-range Performer

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480.45 5.10 (1.07%)

High volume today

NSE 15 May, 2025 3:31 PM (IST)

30,513.4

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Estimates Miss

Apollo Tyres' Q4FY25 net profit and revenue miss Forecaster estimates by 36% and 1.5%, respectively See details

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.

24 Nov 2020

480.45

1.07%

Apollo Tyres (SELL): Positives priced in; downgrade to SELL

Sell: Apollo Tyres Ltd.

Recommendation

BOB Capital Markets Ltd.

Apollo Tyres (APTY) delivered a Q2FY21 beat and has rallied 40% in the last three months due to domestic volume visibility, a better Europe performance and steady margin outlook.

Apollo Tyres Ltd. is trading above all available SMAs

Apollo Tyres Ltd.

06 Nov 2020

480.45

1.07%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Recommendation Target

ICICI Securities Limited

Heavy capex over the past few years (completed doubling of Chennai TBR capacity in 2018, currently in the latter stages of ~| 3,800 crore worth greenfield expansion in Andhra Pradesh) have led to sharp increase in net debt levels from

Apollo Tyres Ltd. is trading above all available SMAs

Apollo Tyres Ltd.

05 Nov 2020

480.45

1.07%

Apollo Tyres (ADD): Strong Q2; earnings estimates upgraded

Buy: Apollo Tyres Ltd.

Target

BOB Capital Markets Ltd.

Apollo Tyres (APTY) surprised positively on both revenue and earnings in Q2FY21, led by strong replacement demand in Indian markets, better Europe operations and above-expected operating efficiency.

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

Apollo Tyres Ltd.

05 Nov 2020

480.45

1.07%

Apollo Tyres

Accumulate: Apollo Tyres Ltd.

Recommendation Target

Dolat Capital

Apollo tyre(APTY) reported strong all-round performance in Q2FY21 driven by 1) strong revenue traction in replacement market (+18% YoY for TBR and 11% YoY for PCR) benefited from supply issues faced by its competitors and ban on import of Chinese tyres; 2) enhanced product mix (replacement share 74% vs 67%) and 3) RM tailwinds. Company has gained significant market share across segments (500bps for PCR and 350bps for T&B;) and regions. EBITDA grew 61% YoY to Rs 6.95bn with expanded margin at 16.2%...

Apollo Tyres Ltd. is trading at high day volume of 3.8M.

Apollo Tyres Ltd.

12 Oct 2020

480.45

1.07%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

Sharekhan

Apollo Tyres Ltd. is trading at high day volume of 3.8M.

Apollo Tyres Ltd.

06 Aug 2020

480.45

1.07%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Target

Sharekhan

Apollo Tyres Limited (ATL) Q1FY21 results were ahead of estimates, mainly driven by better-than-expected revenues. A sharp recovery in replacement demand in both domestic as well as the European businesses helped revenue exceed estimates. Operating margins were better than expectations mainly due to employee furlough benefits to the tune of Euro 7 million (Rs 60 cr). The company reported lower than expected loss. With the government opening up the economy, domestic replacement demand has recovered sharply, reporting a 10% y-o-y growth in June 2020 and a 7-8% y-o-y growth in July 2020. As per management the recovery in replacement demand...

Apollo Tyres Ltd. is trading above all available SMAs

Apollo Tyres Ltd.

06 Aug 2020

480.45

1.07%

Apollo Tyres

Hold: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Peak net debt, capex spends behind us; FCF in sight ATL's net debt levels ballooned from | 10,000 crore combined in FY16-20. As a result, the company generated negative FCF in each of the past four years. However, with majority of Andhra Pradesh greenfield capex (| 2,200 crore out of | 3,800 crore as of FY20) now behind us, we expect ATL to utilise future cash flows to lower debt levels and thereby improve net profitability. Our estimates place the company turning...

Apollo Tyres Ltd. is trading above all available SMAs

Apollo Tyres Ltd.

01 Jul 2020

480.45

1.07%

Ashika - Stock Picks - Apollo Tyres Ltd. - July 2020

Buy: Apollo Tyres Ltd.

Target

Ashika Research

Apollo Tyres Limited (ATL) manufactures tyres and tubes for cars, trucks, farm equipment, and light commercial vehicles. It is one of the leading tyre manufacturing company with well diversified product portfolio and geographical presence. It has a large distribution network in India and in Europe. The company markets...

Apollo Tyres Ltd. has an average target of 550.17 from 6 brokers.

Apollo Tyres Ltd.

30 Jun 2020

480.45

1.07%

APOLLO TYRES

Buy: Apollo Tyres Ltd.

Recommendation Target

Geojit BNP Paribas

Apollo Tyres Ltd(APL) manufactures tyres and tubes for cars, trucks from equipment, and light commercial vehicles. Recent push from the Government on curbing imports and promote domestic manufacturing should be beneficial for the company in the medium to long run. Softer commodity prices (rubber, oil, steel) and appropriate cost control measures will continue to help in margin improvement. We factor 12% earning CAGR over FY20-22E....

Apollo Tyres Ltd. is trading at high day volume of 3.8M.

Apollo Tyres Ltd.

29 May 2020

480.45

1.07%

APOLLO TYRES

Hold: Apollo Tyres Ltd.

Target

Geojit BNP Paribas

Apollo Tyres Limited manufactures tyres 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 550.17 from 6 brokers.

Is Apollo Tyres Ltd. worth buying?

666 Votes:

Buy 79.13%

Sell 9.76%

Hold 11.11%

RESEARCH REPORTS

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Buy SEE REPORTS >

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