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APOLLOTYRE.NS Apollo Tyres Limited

India INR·Price 428.65·Mkt cap 271.16B
82funnel
as of 2026-06-19
Key numbers
Market cap
₹27,116 Cr
Current price
₹428.65
52w high / low
Stock P/E
19.8
Book value
₹264.24
P/B
1.6
ROCE
12.3%
ROE
8.2%

Computed from the latest reported financials and the current market price.

Who's the real player?

Strong90

A genuine play on this theme — most of its business sits right here.

Tyres~100% core revenue

Is the business healthy?

Strong78

Healthy business: it turns profit into real cash and earns solid returns on capital.

cashflow quality: 84.9capital efficiency: 35.1growth quality: 100balance sheet: 74.5valuation: 96.5
FCF conversion
165.0%
FCF margin
8.0%
Accrual ratio
-8.1%
ROCE
12.3%
ROIC
10.1%
Net debt / EBITDA
0.8
Interest coverage
6.6
Revenue CAGR
Piotroski F
7
Altman Z
3.6
P / FCF
12.0
EV / EBITDA
9.2
  • Strong cash flow quality
  • Positive FCF conversion
  • Low accrual ratio indicating credible earnings

Are the smart people buying?

Strong70

No ownership-change data for this stock. The score reflects heavy growth investment (capex) and buybacks, not visible insider buying.

Capex growth 82.6%Ownership-change data not available for this stock.
  • Strong capex growth
  • Active buybacks
  • High promoter/insider ownership
  • Significant institutional ownership

What is management saying?

No earnings-call transcript or filings found for this stock.

Is the price right?

cheap100

Intrinsic value 947.15 vs price 428.65 — screens cheap on a cash-flow DCF (121.0% to intrinsic). The base DCF growth of 15% is not believable given the reverse-DCF implied growth of 4.83%, suggesting the market expects much lower future growth than the model's assumptions.

Intrinsic / share947.15
Price428.65
Upside to intrinsic121.0%
Reverse-DCF implied g4.8%

Base FCF 20.09B · growth 15.0% · discount 12.0% · terminal 5.0%.

Sensitivity — intrinsic value / share

Each cell is the intrinsic value at that growth (across →) and discount rate (down ↓). Center ★ is the base case. Cells green = above price (cheap), red = below (expensive).

Growth rate →
Disc ↓ ╲ g11%13%15%17%19%
10%1022.311200.511407.441647.281924.72
11%831.64973.561138.031328.311548.06
12%696.18812.55947.151102.591281.81
13%595.17692.68805.25935.011084.38
14%517.09600.18695.91806.07932.66

Through the masters' eyes

Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.

Scoring this stock against the masters' frameworks…

Financial statements (INR)

source

Cash-flow lines highlighted — we trust cash over reported profit.

Line20262025202420232022
Revenue284.71B261.23B250.20B241.22B
Operating income26.00B20.73B29.91B19.15B
EBITDA32.44B34.92B45.13B33.63B
Net income13.72B11.21B17.22B10.46B
Operating cash flow36.67B18.23B34.40B21.37B
Capex-14.03B-7.69B-7.30B-7.77B
Free cash flow22.64B10.55B27.09B13.60B
Total assets292.40B273.06B269.57B273.53B
Total equity167.15B147.66B139.02B125.78B
Total debt36.75B44.10B49.05B64.21B
Cash & equivalents10.29B8.86B9.12B8.36B

Technical entry