Apollo Tyres Key Ratios
NSE: APOLLOTYRE | BSE: 500877
₹438.95
As on 31-Aug-2026IST
Market cap
₹27,919 Cr
Revenue (TTM)
₹29,308 Cr
P/E Ratio
16.3
P/B Ratio
1.6
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.85 | 12.76 | 11.23 | 5.62 | 8.94 |
| EBIT | -28.99 | -2.64 | 27.85 | 4.95 | 7.86 |
| Net Profit | -86.28 | 141.20 | 244.62 | 42.17 | 27.13 |
| EPS | -44.71 | 2,608.68 | 105.29 | 10.52 | 23.89 |
| Book Value | -- | -- | 13.10 | 9.91 | 7.85 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 9.72 | 8.51 | 8.83 | 9.23 | 8.03 |
| Net Margin
| 6.39 | 4.62 | 5.79 | 4.80 | 4.28 |
| Return on equity
| 11.30 | 8.73 | 22.40 | 8.73 | 7.82 |
| Return on Capital
| 14.06 | 11.15 | -- | 9.22 | 11.21 |
| Return on Assets
| 5.98 | 4.26 | 6.04 | 4.88 | 4.15 |
| Debt to Equity (x)
| -- | -- | 0.09 | 0.16 | 0.23 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
9.22
|
11.21
|
17.04
|
10.96
|
|
Peer Median
|
--
|
14.30
|
17.98
|
10.73
|
--
|
ROE
22.40
Higher than Peers by 10.42
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
22.40
|
8.73
|
7.82
|
13.01
|
8.60
|
|
Peer Median
|
11.98
|
11.65
|
16.05
|
8.50
|
--
|
ROA
6.04
Higher than Peers by 0.75
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
6.04
|
4.88
|
4.15
|
6.36
|
3.69
|
|
Peer Median
|
5.29
|
5.10
|
6.36
|
3.24
|
--
|
EBIT Margin
8.83
Higher than Peers by 0.26
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
8.83
|
9.23
|
8.03
|
11.78
|
7.79
|
|
Peer Median
|
8.57
|
8.55
|
7.77
|
10.94
|
--
|
Net Margin
5.79
Higher than Peers by 0.98
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
5.79
|
4.80
|
4.28
|
6.74
|
4.25
|
|
Peer Median
|
4.81
|
4.73
|
5.39
|
3.31
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
10.24
|
10.03
|
12.61
|
10.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.23
Higher than Peers by 3.29
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
11.23
|
8.99
|
2.94
|
3.30
|
17.28
|
|
Peer Median
|
7.93
|
11.23
|
10.67
|
2.44
|
--
|
EBIT Growth
27.85
Higher than Peers by 19.91
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
27.85
|
25.29
|
-29.88
|
56.26
|
60.14
|
|
Peer Median
|
7.94
|
34.51
|
-30.19
|
56.74
|
--
|
Net Profit Growth
244.62
Higher than Peers by 237.95
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
244.62
|
22.39
|
-34.88
|
64.64
|
63.77
|
|
Peer Median
|
6.67
|
36.64
|
-34.90
|
64.64
|
--
|
EPS Growth
105.29
Higher than Peers by 99.49
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
105.29
|
22.39
|
-34.88
|
64.64
|
63.77
|
|
Peer Median
|
5.80
|
40.71
|
-29.97
|
75.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
13.10
|
6.21
|
10.53
|
7.03
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.09
Lower than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
0.09
|
0.16
|
0.23
|
0.28
|
0.44
|
|
Peer Median
|
0.17
|
0.37
|
0.35
|
0.44
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
0.05
|
0.06
|
0.02
|
0.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.32
Higher than Peers by 0.11
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
1.32
|
1.32
|
1.33
|
1.28
|
1.11
|
|
Peer Median
|
1.21
|
1.32
|
1.27
|
1.11
|
--
|
Quick Ratio
0.65
Lower than Peers by 0.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
0.65
|
0.65
|
0.64
|
0.68
|
0.55
|
|
Peer Median
|
0.68
|
0.66
|
0.76
|
0.73
|
--
|
Interest Coverage
5.55
Higher than Peers by 1.16
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
5.55
|
4.13
|
4.29
|
5.82
|
3.59
|
|
Peer Median
|
4.38
|
4.13
|
5.82
|
3.59
|
--
|
Operating Efficiency
Debtors to sales
10.89
Lower than Peers by 0.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
10.89
|
11.21
|
11.72
|
10.50
|
10.13
|
|
Peer Median
|
11.78
|
11.11
|
11.97
|
10.74
|
--
|
Asset Turnover
1.04
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
1.04
|
1.01
|
0.97
|
0.94
|
0.87
|
|
Peer Median
|
1.04
|
1.08
|
1.03
|
1.13
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
40.08
|
40.01
|
37.06
|
33.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
67.84
|
65.51
|
62.38
|
63.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
71.56
|
69.55
|
81.76
|
86.36
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
--
|
36.36
|
35.97
|
17.68
|
11.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
16.34
Lower than Peers by 7.76
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
16.34
|
19.07
|
24.05
|
17.20
|
19.42
|
|
Peer Median
|
24.10
|
24.10
|
31.63
|
25.65
|
--
|
Price / Book Value
1.64
Lower than Peers by 1.18
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
1.64
|
1.57
|
1.83
|
2.13
|
1.62
|
|
Peer Median
|
2.82
|
2.82
|
3.33
|
2.89
|
--
|
Dividend Yield
1.36
Higher than Peers by 0.37
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
1.36
|
1.46
|
1.18
|
1.29
|
1.41
|
|
Peer Median
|
1.00
|
1.00
|
0.81
|
1.13
|
--
|
EV/EBITDA
6.84
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
6.84
|
6.45
|
8.00
|
7.06
|
7.43
|
|
Peer Median
|
--
|
16.35
|
17.05
|
24.24
|
--
|
Market Cap
27,919
Higher than Peers by 13,710
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Apollo Tyres
|
27,919
|
26,167
|
26,972
|
29,608
|
20,313
|
|
Peer Median
|
14,210
|
14,210
|
14,949
|
10,355
|
--
|