| Revenue growth | Consolidated +16.6% YoY; India +25.6% |
|---|---|
| Margins | India 11.1% vs 15.3%; Europe 10.3% vs 12.7% |
| Demand visibility | Healthy demand; broad-based Replacement and OEM growth |
| Management confidence | Demand environment described as healthy |
Growth
India revenue +25.6% YoY, strongest in 17 quarters. Europe €177 Mn (+12.7%). Consolidated PAT INR 2,921 Mn vs 2,580 Mn.
Outlook
No explicit numerical guidance. Calibrated pricing planned to offset RM inflation; capex maintained; Enschede restructuring ongoing.
Risks
Raw material inflation cut India EBITDA margin to 11.1% (from 15.3%). Europe margin fell to 10.3% (from 12.7%).
Last quarter's promises, checked
Delivered
- Europe 'pick up growth' (Q1 EUR147m, +0.5% YoY) → Q2 EUR177m, +12.7% (= BEAT)
- 'July strong start, momentum into Q2' (Q1 India +15.6% YoY) → Q2 India +25.6% (= BEAT)
Partly delivered
- Net debt/EBITDA to rise 'slightly' in FY27 (Q1 0.4x) → Q2 0.9x, higher borrowings; direction met, step-up larger than 'slightly' (= PARTIAL)
- Enschede benefits 'from H2 FY27' → Q2 'benefits emerging', unquantified (= PARTIAL)
Missed
- 'Largely defended margins' (Q1 India EBITDA 12.0%) → Q2 India 11.1%, down sequentially (= MISS)
Investor Presentation filed with BSE, NSE: APOLLOTYRE. Summary written with AI assistance from the document.
Apollo Tyres Ltd: key numbers
- Share price
- ₹415.95
- Market cap
- ₹26,417 Cr
- Revenue (annual)
- ₹28,471 Cr
- Net profit (annual)
- ₹1,372 Cr
- P/E (TTM)
- 15.2×Sector 32.4×
- Promoter holding
- 36.93%+0.00% QoQ
- FII holding
- 10.08%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Apollo Tyres Ltd
All →Apollo Tyres Earnings Call Transcript: Key Takeaways
Q2 FY27 consolidated revenue INR 79,682 Mn (+16.6% YoY), EBITDA INR 8,554 Mn (-16.2%), margin 10.7% (-421 bps). PAT INR 2,921 Mn. India-led growth; margins hit by raw material inflation.
Apollo Tyres Management Change
Apollo Tyres appointed Ravi Shingari as Chief Financial Officer, effective November 4, 2026. He is an internal promotee with prior KPMG India tax partner experience.
Apollo Tyres Q2 FY27 Results: Net Profit ₹292.3 Cr, Up 13.3% YoY
Apollo Tyres Ltd reported revenue from operations of ₹7,968 Cr (+16.6% YoY) and net profit of ₹292.3 Cr (+13.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹292.3 Cr · +13.3% YoY
Apollo Tyres Other Announcement
Apollo Tyres informs exchanges that its RTA, KFin Technologies, is shifting its corporate office effective 1 December 2026. The RTA's registered office remains unchanged.
Apollo Tyres Board Meeting Date
Apollo Tyres has scheduled a November 4, 2026 board to consider Q1 results and an NCD private placement. The NCD issue awaits shareholder ballot approval.
Apollo Tyres Other Announcement
The company submitted a periodic report from its Registrar (KFin Technologies) confirming nil re-lodgement of physical share transfer requests for the period ended September 30, 2026.