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Fundamentals for Apollo Tyres Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Auto Parts
Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers commercial, passenger vehicles, two-wheelers, farm, industrial, trucks and buses, off highway, light trucks, agricultural, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.
Revenue projections:
Revenues for Apollo Tyres Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 1.323000 |
|---|---|
| forwardPE | 13.543283 |
| debtToEquity | 21.987000 |
| earningsGrowth | 2.426000 |
| revenueGrowth | 0.142000 |
| grossMargins | 0.453700 |
| operatingMargins | 0.091620 |
| trailingEps | 21.660000 |
| forwardEps | 31.794360 |
With a current ratio 1.323, APOLLOTYRE demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
APOLLOTYRE's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
APOLLOTYRE's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
Apollo Tyres Limited's positive earnings and revenue growth signal that the company is expected to expand its business. The company's increasing profits and sales reflect strong financial health, suggesting continued growth and success in the coming periods.
APOLLOTYRE's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that APOLLOTYRE's financial performance will improve in the current financial year.
Price projections:
APOLLOTYRE's price has continuously remained near the lower end of analysts' projections, indicating that it may be facing challenges in meeting market expectations. This trend raises concerns about the company's future growth trajectory.
Recommendation changes over time:
A recent buy bias from analysts toward APOLLOTYRE may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that APOLLOTYRE might be an appealing option for those looking to grow their wealth through stock market investments.
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