Apollo Tyres Limited.

Global tire manufacturer with five brands, available in 118 countries, and partnerships with major automotive companies.

1972 | Ernakulam, Kerala (India) | Active
Last Updated: June 25, 2024

Apollo Tyres Profile

Key Indicators

  • Authorised Capital ₹ 1,575.00 Cr
  • Paid Up Capital ₹ 63.51 Cr
  • Company Age 52 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5,127.16 Cr
  • Satisfied Charges ₹ 5,247.44 Cr
  • Revenue Growth 17.59%
  • Profit Growth 121.68%
  • Ebitda 47.53%
  • Net Worth 4.01%
  • Total Assets 0.46%

About Apollo Tyres

Apollo Tyres Limited. (ATL) was founded in India on 28 September 1972 and has a glorious history of 52 years and four months. Its registered office is in Ernakulam, Kerala, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500877 and on the National Stock Exchange(NSE) under APOLLOTYRE.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,575.00 Cr and a paid-up capital of Rs 63.51 Cr.

The company currently has active open charges totaling ₹5,127.16 Cr. The company has closed loans amounting to ₹5,247.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Apollo Tyres Limited. India are Mr Kumar as CFO and Ms Thapar as Company Secretary. Lakshmi Puri, Francesco Gori, Jaimini Bhagwati, and Eight other members serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    apollotyres.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25111KL1972PLC002449

  • Company No.

    002449

  • Stock Symbol

    BSE : 500877 NSE : APOLLOTYRE

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1972

  • Date of AGM

    02 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ernakulam

Industry

Automotive

What products or services does Apollo Tyres Limited. offer?

Apollo Tyres Limited. offers a wide range of products and services, including Tyre, Tube & Flaps, Truck Tyres, Two Wheeler Tyres, Tractor Tyres, Tyres, Commercial Vehicle Tyres, Cars, Honda Car.

Who are the key members and board of directors at Apollo Tyres?

Executive Team (3)

NameDesignationAppointment DateStatus
Mr Kumar Country flag representing In CFO12-May-2015Current
Ms Thapar Country flag representing In Company Secretary01-Apr-2015Current
Neeraj Kanwar Country flag representing In Managing Director28-May-1999Current

Board Members (10)

NameDesignationAppointment DateStatus
Vishal Mahadevia Country flag representing Us Director 21-Aug-2020Current
Vikram Mehta Country flag representing In Director 06-Feb-2013Current
Sunam Sarkar Country flag representing In Director 28-Jan-2004Current
Francesco Gori Country flag representing It Director 09-Feb-2016Current
Akshaykumar Chudasama Country flag representing In Director 11-Nov-2013Current
Lakshmi Puri Country flag representing In Director 29-Oct-2021Current

Financial Performance of Apollo Tyres.

Apollo Tyres Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 17.59% increase. The company also saw a substantial improvement in profitability, with a 121.68% increase in profit. The company's net worth moved up by a moderate rise of 4.01%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
17.59%
Revenue from Operations
18.10%
Total Assets
0.46%
Profit or Loss
121.68%
Net Worth
4.01%
EBITDA
47.53%

What is the Ownership and Shareholding Structure of Apollo Tyres?

In 2023, Apollo Tyres had a promoter holding of 37.34% and a public holding of 62.66%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5,127.16 Cr

Satisfied Charges

₹5,247.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 2801.00 Cr
  • Bank Of India : 1089.48 Cr
  • Axis Bank Limited : 759.00 Cr
  • State Bank Of India : 179.00 Cr
  • Sbicap Trustee Company Limited : 131.00 Cr
  • Others : 167.68 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2023Standard Chartered Bank₹106.00 CrOpen
03 Nov 2023Others₹153.00 CrOpen
30 Sep 2023Idbi Bank Limited₹28.00 CrOpen
29 Aug 2022Others₹250.00 CrOpen
22 Apr 2022Bank Of India₹189.48 CrOpen

How Many Employees Work at Apollo Tyres?

Apollo Tyres has a workforce of 7078 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Apollo Tyres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Apollo Tyres's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Apollo Tyres

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 250.00 Cr registered on 29 Aug 2022 with Charge ID 100641589 was modified on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 13 Apr 2017 via Charge ID 100096482 with Citi Bank N.A. was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge registered on 13 Apr 2017 via Charge ID 100096480 with Citi Bank N.A. was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge registered on 28 Jun 2016 via Charge ID 100040661 with Citi Bank N.A. was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 106.00 Cr with Charge ID 100833002 was registered on 06 Dec 2023.

    06 Dec 2023

  • Charges

    A charge with State Bank Of India of Rs. 179.00 Cr registered on 26 Jun 1992 with Charge ID 90020905 was modified on 04 Dec 2023.

    04 Dec 2023

Frequently asked questions

  • Apollo Tyres Limited. was incorporated on 28 Sep 1972.

  • The authorized share capital of Apollo Tyres Limited. is ₹ 1,575.00 Cr and paid-up capital is ₹ 63.51 Cr.

  • Currently 13 directors are associated with Apollo Tyres Limited..

    • Mr Gaurav Kumar
    • Ms Seema Thapar
    • Lakshmi Puri
    • Francesco Gori
    • Jaimini Bhagwati
    • Vishal Kashyap Mahadevia
    • Francesco Crispino
    • Neeraj Singh Kanwar
    • Onkar S Kanwar
    • Sunam Sarkar
    • Vinod Rai
    • Vikram Singh Mehta
    • Akshaykumar Narendrasinhji Chudasama
  • As per Ministry of Corporate Affairs (Mca), the registered address of Apollo Tyres Limited. is Apollo Tyres Limited 3Rd Floor Areekal Mansion, Panampilly N Agar India, Kochi, Kerala, 682036.

  • The corporate identification number (CIN) of Apollo Tyres Limited. is L25111KL1972PLC002449 and the company number is 002449 as per Ministry of Corporate Affairs (MCA).

  • Yes, Apollo Tyres Limited. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): APOLLOTYRE.

  • The Official website of Apollo Tyres Limited. is https://www.apollotyres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Apollo Tyres Limited. has risen by 17.59%.

  • As Per 2023 financial reports, 7078 employees are currently employed by Apollo Tyres Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Apollo Tyres Limited. has experienced an upsurge of 4.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Apollo Tyres Limited. amount to ₹ 5,127.16 Cr.

  • The most recent Balance Sheet for Apollo Tyres Limited. was filed with the ROC on 31 Mar 2023.

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