Apollo Tyres Financials

APOLLOTYRE   513.75  4.10  0.80%   
We suggest to use Apollo Tyres Limited fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can use it to find out if Apollo Tyres Limited is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed and interpolated twenty-nine available fundamental indicators for Apollo Tyres Limited, which can be compared to its peers. The stock experiences a moderate upward volatility. Check odds of Apollo Tyres to be traded at 565.13 in 90 days. Key indicators impacting Apollo Tyres' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income71.8 B68.3 B
Sufficiently Up
Slightly volatile
  
Understanding current and past Apollo Tyres Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Apollo Tyres' financial statements are interrelated, with each one affecting the others. For example, an increase in Apollo Tyres' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Apollo Tyres' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Apollo Tyres Limited. Check Apollo Tyres' Beneish M Score to see the likelihood of Apollo Tyres' management manipulating its earnings.

Apollo Tyres Stock Summary

Apollo Tyres competes with Cholamandalam Investment, Kalyani Investment, Thirumalai Chemicals, Tata Investment, and ILFS Investment. Apollo Tyres is entity of India. It is traded as Stock on NSE exchange.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentIndia Stock View All
ExchangeNational Stock Exchange of India
ISININE438A01022
Business AddressApollo House, Gurugram,
SectorAutomobile Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.apollotyres.com
Phone91 12 4272 1000
You should never invest in Apollo Tyres without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Apollo Stock, because this is throwing your money away. Analyzing the key information contained in Apollo Tyres' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Apollo Tyres Key Financial Ratios

Apollo Tyres' financial ratios allow both analysts and investors to convert raw data from Apollo Tyres' financial statements into concise, actionable information that can be used to evaluate the performance of Apollo Tyres over time and compare it to other companies across industries.

Apollo Tyres Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets232.5B260.6B267.0B273.6B269.6B135.2B
Other Current Liab126.6M17.1B16.4B13.9B12.1B12.7B
Net Debt70.5B63.9B61.1B55.8B39.9B28.3B
Retained Earnings61.3B64.0B67.2B76.4B104.8B110.1B
Accounts Payable23.1B25.4B32.8B34.0B29.8B16.1B
Cash7.4B9.7B8.7B8.4B9.1B5.2B
Net Receivables9.4B16.8B22.0B26.6B26.6B28.0B
Good Will2.1B2.2B2.2B2.3B2.3B1.7B
Inventory32.1B33.2B41.6B44.3B42.5B23.1B
Other Current Assets199.3M7.3B5.6B6.9B7.1B7.5B
Total Liab133.2B146.2B149.5B144.8B130.6B73.0B
Total Current Assets54.8B76.9B78.5B88.6B90.3B46.5B
Intangible Assets7.6B7.6B7.4B7.9B7.9B8.2B
Short Term Debt18.1B18.1B20.1B20.2B15.2B14.1B
Other Liab16.2B16.4B23.5B24.5B28.2B16.4B
Net Tangible Assets94.9B93.8B108.4B111.4B128.1B88.2B
Other Assets9.2B11.2B8.4B3.7B(1.0)(0.95)
Long Term Debt51.4B48.1B44.1B37.9B26.7B32.5B
Short Long Term Debt16.2B3.0B17.1B18.0B12.7B11.7B
Long Term Debt Total59.7B55.4B50.5B44.0B50.6B43.5B

Apollo Tyres Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.8B4.4B4.3B5.3B5.1B5.3B
Total Revenue161.0B169.5B205.8B245.7B250.2B130.5B
Gross Profit69.0B74.4B80.6B99.3B109.1B55.1B
Operating Income8.0B14.8B11.7B19.0B68.3B71.8B
Ebit8.2B10.2B13.0B19.5B30.7B32.2B
Ebitda19.6B23.4B27.0B33.7B45.4B47.7B
Cost Of Revenue92.0B95.1B125.2B146.4B141.1B75.3B
Income Before Tax5.4B5.6B8.5B14.3B25.4B26.7B
Net Income4.8B3.5B6.4B10.5B17.2B18.1B
Income Tax Expense670.4M2.1B2.1B3.2B8.2B8.6B
Research Development3.0B3.2B3.5B3.7B4.4B2.6B
Tax Provision670.4M2.1B2.1B3.2B8.2B8.6B
Interest Income2.7B4.4B4.4B5.3B347.8M330.4M
Net Interest Income(2.9B)(4.4B)(4.4B)(5.3B)(5.1B)(5.3B)

Apollo Tyres Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory3.8B(884.0M)(8.6B)(1.6B)1.9B2.0B
Change In Cash1.7B2.6B(1.2B)(335.8M)697.9M538.5M
Free Cash Flow(3.2B)12.6B3.9B13.6B27.1B28.4B
Depreciation11.4B13.1B14.0B14.2B14.8B15.5B
Other Non Cash Items362.2M1.1B890.4M771M7.4B7.8B
Dividends Paid2.1B4.3B2.2B2.1B2.9B3.0B
Capital Expenditures28.4B11.9B18.5B7.7B7.3B12.6B
Net Income5.4B5.6B8.5B14.3B17.2B8.7B
End Period Cash Flow6.3B8.9B7.7B8.4B9.1B4.8B
Investments(134.0M)(12.6B)5.8B(4.8B)(7.1B)(6.8B)
Net Borrowings3.3B11.3B(5.9B)(5.5B)(6.3B)(6.0B)
Change To Netincome1.2B1.1B3.2B3.0B3.4B2.0B

Apollo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Apollo Tyres's current stock value. Our valuation model uses many indicators to compare Apollo Tyres value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Apollo Tyres competition to find correlations between indicators driving Apollo Tyres's intrinsic value. More Info.
Apollo Tyres Limited is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Apollo Tyres Limited is roughly  1.90 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Apollo Tyres' earnings, one of the primary drivers of an investment's value.

Apollo Tyres Limited Systematic Risk

Apollo Tyres' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Apollo Tyres volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Apollo Tyres Limited correlated with the market. If Beta is less than 0 Apollo Tyres generally moves in the opposite direction as compared to the market. If Apollo Tyres Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Apollo Tyres Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Apollo Tyres is generally in the same direction as the market. If Beta > 1 Apollo Tyres moves generally in the same direction as, but more than the movement of the benchmark.

Apollo Tyres Limited Total Assets Over Time

Apollo Tyres December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Apollo Tyres help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Apollo Tyres Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Apollo Tyres Limited based on widely used predictive technical indicators. In general, we focus on analyzing Apollo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Apollo Tyres's daily price indicators and compare them against related drivers.

Additional Tools for Apollo Stock Analysis

When running Apollo Tyres' price analysis, check to measure Apollo Tyres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apollo Tyres is operating at the current time. Most of Apollo Tyres' value examination focuses on studying past and present price action to predict the probability of Apollo Tyres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Tyres' price. Additionally, you may evaluate how the addition of Apollo Tyres to your portfolios can decrease your overall portfolio volatility.