About Apollo Tyres Limited bond.

This comprehensive profile covers key factual information about Apollo Tyres Limited. Apollo, established in 1972, manufactures automotive bias and radial tyres, and tubes. It has plants in Kochi (Kerala), Vadodara (Gujarat), Pune (Maharashtra), Chittoor (Andhra Pradesh) and Chennai. The product profile includes prominent tyre brands in the T&B, light truck, passenger car and farm vehicle segments in India, catering to both OEMs and the replacement market. In February 2013, the company sold its South African operations to Sumitomo Tire for $ 60 million. In May 2009, Apollo acquired Vredestein, a subsidiary of Amtel-Vredestein NV, incorporated in the Netherlands, for € 40 million. Amtel-Vredestein NV, Russia’s largest tyre manufacturer, was declared bankrupt by a court in the Netherlands in April 2009. However, its subsidiary, Vredestein, was excluded from the bankruptcy as it had separate financing arrangements. Vredestein has one manufacturing unit in Enschede near Amsterdam, with capacity of 55 lakh tyres per annum. It produces premium, high-speed PCRs, collapsible passenger car tyres, and agricultural tyres. It has two brands, Vredestein and Apollo, in the premium and mid-range segments, respectively. In fiscal 2016, Apollo had acquired Reifencom GmbH, a distributor that operates 37 stores in Germany, for € 45.6 million. The revenue was Rs 12,772 crore with net profit of Rs 599 crore in the first half of fiscal 2025, compared with revenue of Rs 12,524 crore and net profit of Rs 871 crore, for the corresponding period of the previous fiscal. EPS in Mar-2024 was 27.11. Current ratio in Mar-2024 was 1.14. Debt/Equity in Mar-2024 was 0.79. Debt/EBITDA in Mar-2024 was 1.98. Interest coverage ratio in Mar-2024 was 5.82. Operating Cashflow to total debt in Mar-2024 was 0.27. Total revenue for March-2024 was ₹25,531.65. Net income for March-2024 stood at ₹1,721.86. Total assets as of Mar-2024 were ₹26,874.90. Operating cash flow for Mar-2024 was ₹3,439.52. The company’s borrowing relationships include State Bank of India (₹N/A Cr), Bank of India (₹N/A Cr), (₹N/A Cr), Bank of India (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Standard Chartered Bank (₹N/A Cr). Peers and comparison entities consist of Apollo Tyres Limited, Balkrishna Industries Limited, Mrf Limited, Ceat Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong position in the domestic tyre industry with substantial market share in the truck and bus (T&B) segment; Diversified revenue, driven by presence in different geographies and segments; Strong financial risk profile; Liquidity: Strong. Key risks include: Susceptibility to cyclicality in the tyre industry and to volatility in raw material prices; Exposure to intense competition and limited pricing power in the tyre industry. Leadership team details include Akshay Chudasama (Director), Benoit Rivallant (Chief Commercial Officer), Daniele Lorenzetti (Chief Technology Officer), Ekta Gulati (Head), Francesco Crispino (Director), Francesco Gori (Director), Gaurav Kumar (WholeTime Director & CFO), Jaimini Bhagwati (Director), K Prabhakar (Chief Manufacturing Officer), Krisztina Mucz�n (Head), Kshama Pathak (Head), Lakshmi Puri (Director), Mansi Thapar (Head), Neeraj Kanwar (Vice Chairman & Managing Director), Onkar Kanwar (Chairman), Rinika Grover (Head), Ritu Kumar (Group Head), Ruchika Pal Verma (Group Head), Seema Thapar (Company Secretary & Compliance Officer), Sunam Sarkar (Director), Vikram S Mehta (Director), Vinod Rai (Director), Vishal Mahadevia (Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.