Financials of Apollo Tyres Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Apollo Tyres Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +6,2476,2456,2806,5956,2586,3356,4376,9286,4246,5616,8317,7437,336
Expenses +5,2495,1935,1205,3875,2305,4265,5595,9815,5865,6935,8106,5576,267
Operating Profit9981,0511,1601,2081,0289098789478378681,0211,1861,069
OPM %16%17%18%18%16%14%14%14%13%13%15%15%15%
Other Income +402213338-10174-91-351-15023-421
Interest13913513312311510712011110910110110090
Depreciation372362360368388370376376377378383385397
Profit before tax52757668072156342339946526038386723162
Tax %22%31%30%31%37%29%25%27%29%66%33%35%-290%
Net Profit +41039747449735430229733718513258471631
EPS in Rs6.466.257.477.825.584.764.685.312.910.204.067.419.93

Financials of Apollo Tyres Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +12,81511,84913,18014,84317,54916,35017,39720,94824,56825,37826,12328,471
Expenses +10,8769,84011,31313,17515,57314,39214,57918,35321,23520,90922,52824,327
Operating Profit1,9392,0081,8671,6681,9761,9582,8182,5953,3334,4683,5954,143
OPM %15%17%14%11%11%12%16%12%14%18%14%15%
Other Income +-31110148114-7724-4781186477-80-900
Interest189101118177199300463465551527470392
Depreciation3884274625938131,1381,3151,4001,4191,4781,4981,543
Profit before tax1,3311,5911,4361,0128885435618481,4272,5401,5471,309
Tax %27%29%23%28%23%12%38%25%27%32%28%-5%
Net Profit +9781,1231,0997246804763506391,0461,7221,1211,372
EPS in Rs19.2122.0621.5912.6511.888.335.5110.0616.4727.1117.6621.61
Dividend Payout %10%9%14%24%27%36%63%32%27%22%28%28%

Financials of Apollo Tyres Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital515151575757646464646464
Reserves4,9916,5547,2399,7199,9839,87311,38011,68912,51513,83914,70216,652
Borrowings +1,1061,5473,4374,6615,1116,7647,3347,0616,4214,9054,4103,675
Other Liabilities +2,4513,4424,5075,6205,0006,5127,0408,2288,2828,0688,0518,849
Total Liabilities8,60011,59415,23320,05820,15123,20525,81627,04127,28126,87527,22729,240
Fixed Assets +4,3825,2146,69210,40311,75415,44816,42017,59117,65317,00616,41116,646
CWIP2189942,9152,3041,5391,6421,107618253348435918
Investments1015063961,3426191104814365324562
Other Assets +3,8994,8805,2306,0086,8526,0968,1818,3508,9408,98910,33511,614
Total Assets8,60011,59415,23320,05820,15123,20525,81627,04127,28126,87527,22729,240

Financials of Apollo Tyres Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1,4122,1229021,7201,0712,5172,4472,1542,1373,4401,8233,667
Cash from Investing Activity +-796-2,226-3,368-3,891-1,027-2,817-2,342-1,172-478-704-202-1,341
Cash from Financing Activity +-684-2551,8952,321-62472152-1,081-1,692-2,659-1,647-2,177
Net Cash Flow-68-358-571150-18173257-100-3476-25149
Free Cash Flow781507-2,361-1,348-1,203-2881,2913371,3742,7661,0932,312
CFO/OP88%125%66%118%65%133%94%88%71%86%62%99%

Financials of Apollo Tyres Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days273331352721293637384341
Inventory Days92119140128125129129122110113127128
Days Payable469592106749310910485737176
Cash Conversion Cycle735880577857495463799993
Working Capital Days142-5-020-22-27-23-682220
ROCE %26%23%16%9%9%5%9%7%10%16%11%14%