Apollo Tyres Ltd (NSE:APOLLOTYRE)
₹ 444.1 +1.05 (+0.24%) Market Cap: 280.87 Bil Enterprise Value: 306.57 Bil PE Ratio: 16.45 PB Ratio: 1.68 GF Score: 86/100

Q3 2026 Apollo Tyres Ltd Earnings Call Transcript

Feb 5, 2026 / 10:00 AM GMT
Release Date Price: ₹507.85 (-0.94%)

Key Points

Positve
  • Apollo Tyres Ltd (BOM:500877) achieved a consolidated topline growth of nearly 12% and recorded its highest ever quarterly revenue.
  • The company saw robust double-digit growth in all domestic channels, with strong performance across all product categories.
  • Significant reduction in net debt from INR26 billion to INR13 billion, driven by strong operational cash flows.
  • Continued investment in R&D and AI to improve customer service and drive efficiencies, supporting cost optimization.
  • Strong brand visibility and equity, bolstered by strategic sponsorships, leading to positive business outcomes.
Negative
  • Muted demand environment in Europe, with flattish revenue growth due to subdued market conditions.
  • Profitability impacted by timing of sponsorship spend, which is expected to normalize next year.
  • Increased CapEx per ton due to inflationary pressures and technological advancements, leading to higher investment costs.
  • Continued weak market conditions in Europe, with only slight improvements in demand.
  • Potential capacity constraints in India due to high utilization rates, necessitating significant future CapEx.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

APLO.NS - Apollo Tyres Ltd
Q3 2026 Apollo Tyres Ltd Earnings Call
Feb 05, 2026 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon everyone. On behalf of ICICII Securities, we would like to welcome you all to Apollo Tires Q3F526 earnings conference call.

Today we have with us from the management team, Mr. Neeraj Kanwar, managing director and Vice Chairman, Mr. Gurav Kumar, Chief Financial Officer, and the investor relations team.

We will start the call with a brief opening remarks from the management team about the quarter gone by, and then we'll proceed with a Q&A session.

Thank you and over to you, sir.

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Unidentified_2 [2]
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Thank you. Good
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