NSE: APOLLOTYRE | BSE: 500877

Mid-range Performer

Download real time

494.25 13.80 (2.87%)

High volume today

NSE 16 May, 2025 3:31 PM (IST)

31,389.9

Market Cap

High in industry

1.1

Beta 1Year

Average 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.

05 Nov 2019

494.25

2.87%

Q2FY20 consolidated revenue declined 6% yoy to Rs39.9bn (est.: Rs40.1bn), while earnings...

Sell: Apollo Tyres Ltd.

Recommendation Target

Emkay

Q2FY20 consolidated revenue declined 6% yoy to Rs39.9bn (est.: Rs40.1bn), while earnings fell steeply by 55% yoy to Rs831mn (est.: Rs1.2bn). Earnings were below estimates due to lower other income and higher depreciation. The recovery in revenue is expected to be gradual due to the weakness in the domestic...

Apollo Tyres Ltd. is trading at high day volume of 4.6M.

Apollo Tyres Ltd.

14 Aug 2019

494.25

2.87%

APOLLO TYRES

Sell: Apollo Tyres Ltd.

Recommendation 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 550.17 from 6 brokers.

Apollo Tyres Ltd.

02 Aug 2019

494.25

2.87%

Apollo Tyres - 1QFY20 Result Update

Apollo Tyres Ltd.

Reliance Securities

Apollo Tyres Ltd. is trading at high day volume of 4.6M.

Apollo Tyres Ltd.

02 Aug 2019

494.25

2.87%

Apollo Tyres

Hold: Apollo Tyres Ltd.

Target

ICICI Securities Limited

Muted OEM dispatches to limit volume growth! Demand prospects for automobile purchases were muted both domestically as well as globally. Domestically, the situation is grimmer given high channel inventory with key OEMs reporting a volume decline in the range of 15-35% for July 2019. This is over and above the 12.4% volume decline witnessed by the industry in Q1FY20. This will limit the volume growth for ATL, which realises ~30% of its sales from auto OEMs. The replacement market, on the other hand (constitute ~60% sales) is healthy and growing healthily in...

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

Apollo Tyres Ltd.

01 Aug 2019

494.25

2.87%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Dolat Capital

Beat margin estimates on improvement in replacement demand Apollo Tyres' (APTY) Q1FY20 Consolidated EBITDA margin beat estimates led better product mix (higher replacement sales). While the OEMs business was weak, strong replacement demand drove the volumes (grew by 12% YoY). Management is positive about improving top-line and profitability in Europe segment. Management has given flattish revenue...

Apollo Tyres Ltd. is trading at high day volume of 4.6M.

Apollo Tyres Ltd.

01 Aug 2019

494.25

2.87%

Apollo Tyres - Profitability remains the key in uncertain environment

Buy: Apollo Tyres Ltd.

Target

LKP Securities

Profitability remains the key in uncertain environment Replacement demand drives Q1 numbers Apollo's standalone net sales slowed down to 1% yoy and 2.7% qoq growth at 30.4 bn. The negative OEM growth was more or less offset by a strong replacement growth both in India and Europe. Truck volume in Replacement grew by 25% yoy, PCR moved up by 12%, while 2W volumes zoomed by ~30% in the quarter leading to a good growth in market share and topline, in...

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

Apollo Tyres Ltd.

26 Jun 2019

494.25

2.87%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Sharekhan

The government has levied a countervailing duty (CVD) on truck and bus radial tyres originating from China. The duty amounts to 9.117.57% of the tyre's CIF value. The levy is aimed at protecting Indian tyre manufacturers from Chinese players which are subsidized by Chinese Government to promote exports. Chinese tyres form about 10% of the domestic CV tyres market. However, as per our understanding CVD is unlikely to have a material reduction in the Chinese tyre prices. As per The Association of Tyre Manufacturers Association (ATMA), CVD will be triggered in only some instances...

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

Apollo Tyres Ltd.

13 May 2019

494.25

2.87%

Apollo Tyres - 4QFY19 Result Update

Apollo Tyres Ltd.

Reliance Securities

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

Apollo Tyres Ltd.

10 May 2019

494.25

2.87%

Apollo Tyres

Hold: Apollo Tyres Ltd.

Recommendation Target

ICICI Securities Limited

Replacement demand to support amid OEM segment pain! Domestically ATL realises ~60% sales from replacement market, with sizeable ~30% exposure to the OEM market and the remainder 10% from exports. The domestic OEM space is currently witnessing a muted demand scenario owing to a confluence of factors surrounding cost of ownership, with the associated demand pressure impacting auto ancillary players as well. However, strong volume growth registered by OEMs in the past few years would percolate into a ready aftermarket base over the medium term...

Apollo Tyres Ltd. is trading above all available SMAs

Apollo Tyres Ltd.

10 May 2019

494.25

2.87%

Apollo Tyres

Buy: Apollo Tyres Ltd.

Recommendation Target

Sharekhan

European operations that fetch ~30% of revenue, weakend considerably reporting loss at an EBIT level. Consolidated revenue grew by 6% y-o-y driven by an 8% growth in the domestic business (APMEA). Volume growth and price hikes drove growth in the domestic business. The European business recorded flat revenues for the quarter as better realisations on the back of improved...

Apollo Tyres Ltd. is trading above all available SMAs

Is Apollo Tyres Ltd. worth buying?

666 Votes:

Buy 79.13%

Sell 9.76%

Hold 11.11%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf