Apollo Tyres
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Background
From 5 stories, the newest dated 30 Sept 2026. Summary written 3 Oct 2026.
Apollo Tyres is a Gurugram-based tyre maker. [1] source: NDTV Profit
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It sells tyres in more than 100 countries. [2] source: The Hindu BusinessLine Its marketing includes a ₹580 crore BCCI partnership and a Manchester United partnership that began around 12 years ago. [2] source: The Hindu BusinessLine The company is targeting replacement demand, OEM recovery and deeper tier-2, tier-3 and rural penetration, and is strengthening dealer, retailer and mechanic engagement. [2] source: The Hindu BusinessLine
In September 2026, Apollo Tyres allotted ₹500 crore in NCDs through a private placement. [3] source: Mint In August 2026, Warburg Pincus arm Emerald Sage sold a 4.25% stake in the company for Rs 1,175 crore at an average Rs 435 per share, reducing its holding to 5.68% from 9.93%. [1] source: NDTV Profit ICICI Prudential Mutual Fund bought over 1.9 crore shares, a 3% stake, for Rs 829.98 crore. [1] source: NDTV Profit For Q1 FY27, Apollo Tyres reported revenue of Rs 7,398 crore, up 12.8% year-on-year, and net profit of Rs 349 crore versus Rs 12.8 crore a year earlier. [4] source: NDTV Profit Its EBITDA margin was 11.7% versus 13.2%. [4] source: NDTV Profit
On 24 August 2026, UBS upgraded Apollo Tyres to Buy from Neutral and set a Rs 590 target, and the shares rose 6.53% to Rs 468.45. [5] source: Business Today[4] source: NDTV Profit Investec set a target of Rs 520, and the Bloomberg consensus target was Rs 499.61. [5] source: Business Today
Sources
Questions about Apollo Tyres
How fast is Apollo Tyres growing in India?
Apollo Tyres reported Q1 FY27 revenue of Rs 7,398 crore, up 12.8% year-on-year, and net profit of Rs 349 crore versus Rs 12.8 crore a year earlier. Its EBITDA margin was 11.7% versus 13.2%. [4] source: NDTV Profit
What is Apollo Tyres' current strategy in India?
In September 2026 Apollo Tyres allotted ₹500 crore in NCDs through a private placement. [3] source: Mint In August 2026 it said its ₹580 crore BCCI partnership and cricket-led marketing support rural growth, alongside dealer, retailer and mechanic engagement and a tier-2, tier-3 and rural focus. [2] source: The Hindu BusinessLine
Stories that mention Apollo Tyres
4 stories
Apollo Tyres is named in these stories but is not their subject.
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