Apollo Tyres Share Price

Headquartered in Haryana's Gurugram, Apollo Tyres Ltd is a leading tyre manufacturer in India. The company is involved in manufacturing and selling tyres and tubes in India. It has four manufacturing facilities in India, and one each in the Netherlands and Hungary.

The company markets its products in over 100 countries globally under the brands– Apollo and Vredestein. Their product portfolio includes a range of bicycles, two-wheelers, passenger cars, SUVs, MUVs, light trucks, truck buses, agriculture industrial speciality, and off-the-road tyres.

With a turnover of $2.3 billion, Apollo ranks among the top 20 tyre makers globally.

Business operations

Apollo Tyres Ltd was incorporated in 1972. It started with production at its plant in Kerala. Two decades later, the company's second manufacturing facility came up in Gujarat. The year 1995 saw the firm making its first acquisition as it took over the business of Premier Tyres at Kalamassery in Kerala. Next year, Apollo commissioned an exclusive tube plant in Maharashtra.

In 2003, the company teamed up with Michelin France to set up a joint venture – Michelin Apollo Tyres Pvt Ltd for producing dual-branded trucks and bus radial tyres.

During FY 2005-06, Apollo incorporated a wholly owned subsidiary company Apollo (Mauritius) Holdings Pvt Ltd in Mauritius. Amidst the new subsidiaries being set up, Apollo exited their joint venture company Michelin Apollo Tyres (P) Ltd.

In 2006, Apollo acquired Dunlop Tyres International (Pty) Ltd South Africa. The company opened their first full-service branded commercial vehicle tyre outlet– Apollo Trust– in Tamilnadu in 2008.

In 2011, Apollo Tyres announced the launch of India’s only full-service outlet for commercial vehicles, Apollo Commercial Vehicle (CV) Zone in Delhi. The same year, the company entered into the Sri Lanka market through a tie-up with Ideal Motors.

Apollo Tyres set up its global R&D centre in Enschede in the Netherlands in 2013. This facility came up as a hub for the development and testing of car and van tyres for all product brands.

Apollo Tyres took over Cooper Tire & Rubber Company through its subsidiary in an all-cash deal. Founded in 1914, Cooper was a manufacturer of premium and mid-tier tyres through brands like Cooper Mastercraft Starfire Chengshan Roadmaster and Avon.

The next year, Apollo made its entry into the Qatar market. Apollo Tyres also acquired Reifencom GmbH, one of the largest tyre distributors in Germany for €45.6 million in 2015.

Apollo Tyres market capitalisation stands at over ₹27,000 crore as of December 22, 2023. Apollo Tyres' share price has surged over 140% in the last three years.

Financial Highlights

• The consolidated revenue of the company in FY23 was ₹24,568 crore. The revenue was ₹20,948 crore in FY22
• The company reported a profit of ₹1105 crore in FY23 as against ₹639 crore in FY22. • The EBITDA stood at ₹3313.7 crore in FY23 compared to the ₹2574 crore in FY22. • In FY23, Apollo Tyres’ expenditure stood at ₹775 crore. • The earnings per share (EPS) dropped to ₹17.39 in FY23 compared to ₹10.06 in the last financial year.

19 September 2025 – Apollo Tyres Share Price Update

As of last trading day, Apollo Tyres opened at ₹485.00 and last traded at ₹480.65, showing a fall of 3.90 points (0.80%) compared to the previous close of ₹484.55. During the session, the stock touched a high of ₹485.05 and a low of ₹476.05. The company's market capitalization now stands at ₹30,707 Crs, with a P/E ratio of 42.9 and a dividend yield of 1.18%.