Arthneeti
All Q1 FY27 results →
AT

Apollo Tyres

Q1 FY27Auto Components

Apollo Tyres Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹441
Market cap₹27.9K Cr
P/E13.1
Updated25 Aug 2026
Read4 min read

What the Q1 FY27 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

The short version

Future growth expectations as per the transcript are: - In India: - Demand remains healthy across categories and channels. Demand remains healthy across categories and channels, with strong year-on-year growth expected into Q2 and beyond.

From Apollo Tyres's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Moderate growth
Future growth expectations as per the transcript are: - In India: - Demand remains healthy across categories and channels. - July delivered a strong start; confidence that momentum will carry into Q2. - Replacement momentum is strong. - Seasonal weakness expected in Q2 but still strong year-on-year growth. - Volume growth in replacement channel at 13%, OEM at 10%, and exports at 15%. - Expect continued double-digit growth across product categories except TBB. - In Europe: - Low single-digit volume growth expected. - PCR replacement segment continues healthy growth; momentum expected to sustain. - Restructuring benefits from Enschede plant closure to materialize from H2 FY '27. - Anti-dumping duty on Chinese tyres expected to bolster domestic sales and exports. - Overall Europe operations expected to pick up growth going forward, targeting double-digit growth. - Capacity ramp-up:

2 more points from Apollo Tyres's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Apollo Tyres said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • CapEx for Q1 FY27 was INR 650 crores at consolidated level; net debt-to-EBITDA was 0.4 (absolute net debt ~INR 1,700 crores).
  • India CapEx in Q1 was INR 500 crores, significantly higher than previous annual levels (INR 1200-1300 crores).
  • CapEx is ongoing with expectations of increase in Q2 and Q3.
  • Full-year CapEx guidance exceeds INR 3,000 crores; company anticipates becoming a net borrower and slight increase in net debt-to-EBITDA ratio.
  • Hungary plant capacity expansion underway; ramp-up in H2 FY27, increasing passenger car tyre capacity from 17,000 to 21,000 units.
  • India capacity expansion to start end of this year, with further ramp-up planned through FY28.

2 more points from Apollo Tyres's call on capex

Create a free account to keep reading this call

Top-ranked in Auto Components

Ranked on what management guided this quarter

Guidance-ranked
1Divgi Torq
Rev 1Mar 3
2OBSC Perfection
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 1
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Apollo Tyres said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Some relevant insights include: - Demand remains healthy across categories and channels, with a strong start in July, indicating positive order momentum into Q2. - The company is experiencing mid- to high-teens growth in key product categories. - OEM price increase dialogues are ongoing, with some price increases beginning to flow from Q2, suggesting active order negotiations with OEMs.

2 more points from Apollo Tyres's call on order book

Create a free account to keep reading this call

Apollo Tyres — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹7.3K Cr, net profit ₹631 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Apollo Tyres's management said in earlier quarters

Others in Auto Components this season

  • Indag Rubber (Q1 FY27)

    Q1 FY27 Revenue from Operations: ₹57.6 crores, up 28% YoY from ₹45.0 crores in Q1 FY26 (Page 7). Key investor presentation takeaways from Indag Rubber Ltd's Q1

  • Emerald Tyre (Q1 FY27)

    Revenue from operations: ₹11,294.31 Lakhs . Key investor presentation takeaways from Emerald Tyre's Q1 FY27 investor presentation — and how it ranks against sec

  • Autoline Industries Ltd (Q1 FY27)

    FY26 revenue from operations: ₹824 crore, representing a 25% year-on-year increase over FY25 (₹659 crore). Key investor presentation takeaways from Autoline Ind

  • Tolins Tyres (Q1 FY27)

    Q1 FY27 revenue from operations: ₹79.27 crore, down 11.66% YoY from ₹89.74 crore in Q1 FY26 (Page 8). Key investor presentation takeaways from Tolins Tyres Ltd'

Compare:vs Samvardh. Mothe.vs Boschvs Bharat Forge

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Apollo Tyres and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Apollo Tyres Q1 FY27 results?

Future growth expectations as per the transcript are: - In India: - Demand remains healthy across categories and channels. Demand remains healthy across categories and channels, with strong year-on-year growth expected into Q2 and beyond.

What is Apollo Tyres share price analysis?

Apollo Tyres currently shows a below-average growth signal. The stock trades at a P/E of 13.1 with a market cap of ₹27,925 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apollo Tyres planning capital expenditure?

CapEx for Q1 FY27 was INR 650 crores at consolidated level; net debt-to-EBITDA was 0.4 (absolute net debt ~INR 1,700 crores).

Keep Apollo Tyres on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.