Apollo Tyres Ltd.

Financial

	Apollo Tyres	CEAT	Balkrishna Inds.
Operational Metrics
Tyres
Capacity Utilization - Tyres	n/a	n/a	n/a
Unclassified
R&D as a % of Total Sales	1.0 %	1.47 %	0.79 %
Financials
5 yr Average ROE	6.8 %	8.89 %	18.02 %
5yr average Equity Multiplier	2.33	2.61	1.5
5yr Average Asset Turnover Ratio	0.76	1.05	0.73
5yr Avg Net Profit Margin	3.8 %	3.38 %	16.83 %
Price to Book	2.09	2.98	5.3
P/E	23.15	26.0	28.11
5yr Avg Cash Conversion Cycle	14.3 Days	-46.7 Days	51.06 Days
Inventory Days	66.88 Days	44.66 Days	55.86 Days
Days Receivable	37.06 Days	39.58 Days	49.76 Days
Days Payable	90.45 Days	117.24 Days	65.09 Days
5yr Average Interest Coverage Ratio	3.45	2.88	100.32
5yr Avg ROCE	9.26 %	11.51 %	21.93 %
5yr Avg Operating Profit Margin	14.35 %	10.66 %	24.19 %
5 yr average Debt to Equity	0.5	0.55	0.3
5yr CAGR Net Profit	29.3 %	22.68 %	8.93 %
5yr Average Return on Assets	3.1 %	3.52 %	12.18 %
Shareholdings
Promoter Holding	37.36 %	47.21 %	58.29 %
Share Pledged by Promoters	1.16 %	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.02 %	0.1 %	0.0
Change in Mutual Fund Holding (3 Yrs)	4.15 %	10.22 %	4.97 %

Business

	Apollo Tyres	CEAT	Balkrishna Inds.
Product Wise Break-Up	Product Wise Break-Up Tyres 100.0 Government grants 0 Royalty income 0 Sale of scrap 0 Tubes and others 0 Automotive Tyres 0	Product Wise Break-Up Government 0.81 Tubes 6.3 Tyres 92.2 Royalty income 0.05 scrap 0.55 Tyres 0 Others 0.09	-
Location Wise Break-Up	Location Wise Break-Up Asia Pacific 56.36 Europe 28.99 Rest of the World 0 India 0 North America 0 Others 14.65	Location Wise Break-Up India 81.0 North America 0 Rest of the World 19.0 Europe 0 Asia Pacific 0	Location Wise Break-Up India 11.2 North America 18.24 Rest of the World 0 Europe 42.64 Asia Pacific 0 Others 27.92
OEM vs Aftermarket	OEM vs Aftermarket After market 78.0 OEM 22.0 OEMs 0	OEM vs Aftermarket OEM 0 OEM 27.0 After market 0 Others 73.0	OEM vs Aftermarket OEM 25.2 OEMs 0 After market 0 Others 74.8
Operating Profit Break-Up	Operating Profit Break-Up APMEA 51.35 Europe 39.95 Others 8.7	-	-
Customer Segment	Customer Segment Truck and Bus 42.0 4 Wheeler 38.0 Off Highway 8.0 Light Commercial Vehicles 6.0 Speciality 0 Farm 0 Passenger Car/Utility Vehicles 0 LCV & LM 0 2/3 Wheeler 0 Truck and Buses 0 ATV and lawn and garden 0 OTR 0 Agriculture 0 Others 6.0	Customer Segment OTR 0 Agriculture 0 4 Wheeler 0 Light Commercial Vehicles 7.0 2 & 3 Wheelers 28.0 Off Highway 15.0 Truck and Bus 0 Speciality 0 Light Commercial Vehicles 0 4 Wheeler 20.0 Truck and Bus 30.0 ATV and lawn and garden 0 Farm 0	Customer Segment OTR 37.6 Agricultural 59.0 4 Wheeler 0 LCV & LM 0 2/3 Wheeler 0 Off Highway 0 Truck and Bus 0 Speciality 0 Light Commercial Vehicles 0 Passenger Car/Utility Vehicles 0 Truck and Buses 0 ATV and lawn and garden 0 Farm 0 Others 3.4
Raw Material Break-Up	Raw Material Break-Up Rubber 49.17 Carbon Black 14.78 Chemicals 11.02 Fabric 10.72 Fabrics 0 Others 14.31	Raw Material Break-Up Chemicals 7.79 Fabric 10.32 Rubber 47.41 Fabric 0 Carbon Black 0 Others 34.48	-
Asset Break-Up	Asset Break-Up APMEA 64.89 Europe 29.18 India 0 Outside India 0 In India 0 Others 5.93	Asset Break-Up India 98.27 In India 0 Outside India 0 APMEA 0 Europe 0 Others 1.73	Asset Break-Up India 0 India 99.56 Outside India 0.44 APMEA 0 Europe 0

Apollo Tyres Ltd.

SIGN UP FOR FREE