Apollo Tyres Share Price: Investing in the stock market requires careful analysis and accurate information. If you are searching for Apollo Tyres share price forecast, you have come to the right place.
This article discusses projected price targets for Apollo Tyres from 2024 to 2030, supported by the company’s growth strategies, financial performance, and future market potential.
With this data-driven approach, we aim to provide you with the information you need to make confident investment decisions.
Apollo Tyres Limited Company Overview
Founded in 1972 and headquartered in Gurgaon, India, Apollo Tyres Ltd. is a globally recognised tyre manufacturing giant. The company caters to a diverse range of vehicles including passenger cars, trucks, and two-wheelers, providing high-quality and innovative tyre solutions.
Its strong emphasis on product innovation, quality, and market adaptability has earned the company a leading position in the tyre industry.
| Company Name | Apollo Tyres Ltd. |
| Founded | 1972 |
| Headquarters | Gurugram, Haryana |
| Industry | Auto ancillaries |
| Chairman | Onkar Kanwar |
| Stock Exchange Listing | NSE & BSE |
| Official Website | apollotyres.com |
Apollo Tyres Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹34,813.06 Cr. |
| ROE | 11.52% |
| ROCE | 16.44% |
| P/E | 40.3 |
| P/B | 3.35 |
| Div. Yield | 1.09% |
| Book Value | ₹163.67 |
| Face Value | ₹1 |
| EPS (TTM) | ₹13.60 |
| 52 Week High | ₹584.65 |
| 52 Week Low | ₹418.95 |
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Apollo Tyres Financials
Income Statement
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Revenue | 250.20B | 3.72% |
| Operating expense | 79.44B | 10.24% |
| Net income | 17.22B | 64.64% |
| Net profit margin | 6.88 | 58.53% |
| Earnings per share | 18.92 | 10.55% |
| EBITDA | 40.64B | 37.01% |
| Effective tax rate | 32.22% | — |
Balance Sheet
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Cash and short-term investments | 14.05B | 13.41% |
| Total assets | 269.57B | -1.45% |
| Total liabilities | 130.55B | -11.64% |
| Total equity | 139.02B | — |
| Shares outstanding | 635.10M | — |
| Price to book | 2.47 | — |
| Return on assets | 6.83% | — |
| Return on capital | 9.82% | — |
Cash Flow
| (INR) | 2024 | Y/Y change |
|---|---|---|
| Net income | 17.22B | 64.64% |
| Cash from operations | 34.40B | 60.98% |
| Cash from investing | -7.11B | -48.55% |
| Cash from financing | -26.59B | -57.17% |
| Net change in cash | 697.85M | 307.85% |
| Free cash flow | 18.18B |
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Apollo Tyres Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Apollo Tyres Share Price Target 2024 | ₹587 |
| Apollo Tyres Share Price Target 2025 | ₹672 |
| Apollo Tyres Share Price Target 2026 | ₹798 |
| Apollo Tyres Share Price Target 2027 | ₹995 |
| Apollo Tyres Share Price Target 2028 | ₹1190 |
| Apollo Tyres Share Price Target 2029 | ₹1247 |
| Apollo Tyres Share Price Target 2030 | ₹1545 |
Apollo Tyres Shareholding Pattern
- Retail & Other: 22.54%
- Promoters: 37.36%
- Foreign Institutions: 14.55%
- Mutual Funds: 18.68%
- Other Domestic Institutions: 6.88%
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Apollo Tyres Competitors/Peer Companies
- MRF
- Balkrishna Industries (partially visible)
- CEAT
- JK Tyre & Industries (partially visible)
- TVS Srichakra
- Goodyear India
Also Read: Regis Industries Share Price Target
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FAQs
-
What is the Apollo Tyres Ltd Share Price Prediction 2025?
672 INR.
-
What is the Apollo Tyres Ltd Share Price Prediction 2026?
798 INR.
-
What is the Apollo Tyres Ltd Share Price Prediction 2027?
995 INR.
-
What is the Apollo Tyres Ltd Share Price Prediction 2029?
1247 INR.
-
What is the Apollo Tyres Ltd Share Price Prediction 2030?
1545 INR.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
