Apollo Tyres Peer Comparison

NSE: APOLLOTYRE | BSE: 500877

₹400.55

₹-4.20 (-1.04%)

As on 05-Oct-2026 14:59IST

Market cap

₹25,442 Cr

Revenue (TTM)

₹29,308 Cr

P/E Ratio

14.9

P/B Ratio

1.5

Div. Yield

1.5 %

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	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Market cap (₹ Cr)	25,442	13,161	9,920	3,293	1,574
Revenue (₹ Cr)	29,308	16,467	16,404	3,892	2,594
Net Profit (₹ Cr)	1,707.82	566.60	662.07	92.25	53.90
Net Margin (%)	5.79	3.43	4.02	2.35	2.06
RoE (%)	22.40	13.29	13.50	8.79	10.53
Price to Earnings	14.89	22.32	15.23	35.65	29.19
Price-To-Book	1.49	2.61	1.63	2.69	2.58

Income Statement (₹ Cr)

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Operating Revenue	29,307.63	16,466.59	16,403.95	3,891.55	2,594.00
Total Income	29,480.47	16,508.24	16,449.37	3,918.63	2,613.86
Total Expenditure	25,164.18	14,442.13	14,516.49	3,580.02	2,473.46
EBITDA	4,143.46	2,024.46	1,887.46	311.53	120.54
Depreciation	1,556.20	732.05	484.27	145.83	49.30
EBIT	2,587.26	1,292.41	1,403.19	165.70	71.24
Interest	382.38	422.57	412.86	47.62	6.55
Other Income	172.84	41.65	45.42	27.08	19.86
Exceptional Items	-639.77	-74.94	-147.32	-16.57	-11.65
Profit before Tax	1,737.95	836.55	888.43	128.59	72.90
Provision for Tax	30.13	269.95	226.36	36.34	19.00
Profit after Tax	1,707.82	566.60	662.07	92.25	53.90

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Shareholder's Funds	16,715.17	5,046.01	6,060.82	1,190.18	606.19
Minority Interest	0.00	0.65	-5.46	0.12	0.00
Non-Current Liabilities	4,440.80	2,435.00	4,508.94	441.14	73.92
Current Liabilities	8,083.75	6,413.21	5,426.76	1,411.56	573.48
Total Liabilities	29,033.73	13,912.66	15,913.64	3,039.38	1,982.22

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Non-Current Assets	16,857.04	8,951.71	8,474.99	1,617.91	353.29
Current Assets	10,698.33	4,361.43	7,295.17	1,243.83	818.91
Total Assets	29,033.73	13,912.66	15,913.64	3,039.38	1,982.22
Total Debt*	2,631.71	3,010.79	4,746.00	762.51	0.00
Net Current Assets	2,614.58	-2,051.78	1,868.41	-167.73	245.43
Contingent Liabilities	772.06	275.38	361.30	249.97	178.49

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Cash From Operating Activities	3,667.37	1,785.55	1,443.84	296.99	112.28
Cash Flow from Investing Activities	-1,340.96	-2,270.60	-626.67	-102.55	-6.12
Cash from Financing Activities	-2,177.08	476.64	-782.72	-187.31	-64.77
Net Cash Inflow / Outflow	149.33	-8.41	34.45	7.13	41.39

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
ROCE (%)	9.22	18.60	14.30	7.98	14.67
ROE (%)	22.40	13.29	13.50	8.79	10.53
ROA (%)	6.04	4.51	4.34	3.06	4.32
EBIT Margin (%)	8.83	7.85	8.55	4.26	2.75
Net Margin (%)	5.79	3.43	4.02	2.35	2.06
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Revenue Growth (%)	11.23	21.49	9.93	18.56	0.82
EBIT Growth (%)	27.85	44.19	34.51	94.32	51.83
Net Profit Growth (%)	105.39	36.64	44.28	245.38	21.95
EPS Growth (%)	244.62	38.52	59.81	303.17	40.71
Book Value Growth (%)	13.10	15.41	21.71	0.53	0.54

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Price / Earnings	7.13	20.81	12.67	32.23	25.79
Price / Book Value	1.51	2.64	1.61	2.71	2.63
Dividend Yield (%)	1.48	1.06	1.18	0.87	3.81
EV/EBITDA	6.60	8.03	7.55	13.04	11.35
Market Cap (₹ Cr)	26,167.33	13,114.65	10,991.10	2,461.08	1,531.33

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Debt to Equity	0.09	0.30	0.42	0.23	0.00
Short term debt to equity ratio	0.05	0.21	0.30	0.35	--
Current Ratio	1.32	0.68	1.34	0.88	1.43
Quick Ratio	0.65	0.40	0.85	0.36	0.98
Interest Coverage	5.55	2.98	3.15	3.70	12.13

	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra	Goodyear India
Debtors to sales (%)	10.89	11.17	19.57	10.55	10.95
Asset Turnover	1.04	1.31	1.08	1.29	2.08
Receivable days	40.08	40.65	67.54	35.24	37.63
Inventory Days	67.84	37.19	58.00	71.70	35.95
Payable days	71.56	118.85	73.34	89.48	96.40
Cash Conversion Cycle	36.36	-41.00	52.19	17.46	-22.83

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.