|
23 Sep 2025 |
Apollo Tyres
|
Consensus Share Price Target
|
486.40 |
512.75 |
- |
5.42 |
buy
|
|
|
|
|
14 May 2022
|
Apollo Tyres
|
Motilal Oswal
|
486.40
|
265.00
|
210.35
(131.23%)
|
Target met |
Buy
|
|
|
|
|
14 May 2022
|
Apollo Tyres
|
ICICI Direct
|
486.40
|
250.00
|
200.65
(142.41%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2022
|
Apollo Tyres
|
Geojit BNP Paribas
|
486.40
|
258.00
|
219.50
(121.59%)
|
Target met |
Accumulate
|
|
|
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...
|
|
04 Feb 2022
|
Apollo Tyres
|
ICICI Securities Limited
|
486.40
|
270.00
|
223.80
(117.34%)
|
Target met |
Buy
|
|
|
|
|
13 Nov 2021
|
Apollo Tyres
|
Hem Securities
|
486.40
|
271.00
|
224.00
(117.14%)
|
Target met |
Buy
|
|
|
YTD FY22 Product Mix: Truck & Bus (43%), PV (34%), Farm & Off Highway (12%), Light Truck (6%), Others (6%). YTD FY22 Channel Mix: Replacement (81%), OEM (19%)....
|
|
02 Nov 2021
|
Apollo Tyres
|
ICICI Securities Limited
|
486.40
|
275.00
|
223.45
(117.68%)
|
Target met |
Buy
|
|
|
Expected India CV cyclical rebound, higher radialisation levels, pent up demand in PV and network expansion to be major topline drivers. We expect India-led 16.9% FY21-23E net sales CAGR Higher cost competitiveness post Dutch plant specialisation, Europe mix...
|
|
01 Nov 2021
|
Apollo Tyres
|
Motilal Oswal
|
486.40
|
280.00
|
223.45
(117.68%)
|
Target met |
Buy
|
|
|
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...
|
|
12 Aug 2021
|
Apollo Tyres
|
Geojit BNP Paribas
|
486.40
|
263.00
|
225.10
(116.08%)
|
|
Buy
|
|
|
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...
|
|
06 Aug 2021
|
Apollo Tyres
|
ICICI Securities Limited
|
486.40
|
275.00
|
223.35
(117.77%)
|
|
Buy
|
|
|
|
|
05 Aug 2021
|
Apollo Tyres
|
BOB Capital Markets Ltd.
|
486.40
|
140.00
|
223.35
(117.77%)
|
|
Sell
|
|
|
Q1 revenue in line but EBITDA margin disappoints at 12.4% due to gross margin pressure and lower operating efficiency
|