ScoreWhy is Apollo Tyres Ltd. ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.40 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 12.01% and Operating profit at 25.12%
3
With ROCE of 11.3, it has a Attractive valuation with a 2 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -1.32%, its profits have fallen by -25.8%
4
High Institutional Holdings at 41.4%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
12.01%
EBIT Growth (5y)
25.12%
EBIT to Interest (avg)
4.44
Debt to EBITDA (avg)
1.92
Net Debt to Equity (avg)
0.23
Sales to Capital Employed (avg)
1.20
Tax Ratio
31.00%
Dividend Payout Ratio
22.13%
Pledged Shares
0.01%
Institutional Holding
41.73%
ROCE (avg)
10.91%
ROE (avg)
9.00%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
30
Price to Book Value
2.06
EV to EBIT
16.54
EV to EBITDA
9.72
EV to Capital Employed
1.86
EV to Sales
1.33
PEG Ratio
NA
Dividend Yield
0.99%
ROCE (Latest)
11.27%
ROE (Latest)
7.24%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend12What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at 0.29 times
OPERATING PROFIT TO INTEREST(Q)
Highest at 10.10 times
PBDIT(Q)
Highest at Rs 1,020.74 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 14.94%
PBT LESS OI(Q)
At Rs 536.38 cr has Grown at 35.4% (vs previous 4Q average
PAT(Q)
Highest at Rs 378.38 cr.
-8What is not working for the Company
PAT(9M)
At Rs 784.61 cr has Grown at -22.27%
ROCE(HY)
Lowest at 11.19%
DEBTORS TURNOVER RATIO(HY)
Lowest at 8.15 times
Loading Valuation Snapshot...
Here's what is working for Apollo Tyres
Operating Profit to Interest - Quarterly
Highest at 10.10 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit After Tax (PAT) - Quarterly
At Rs 378.38 cr has Grown at 44.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 261.97 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Debt-Equity Ratio - Half Yearly
Lowest at 0.29 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1,020.74 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 14.94%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 536.38 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 536.38 cr has Grown at 35.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 396.02 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 378.38 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for Apollo Tyres
Debtors Turnover Ratio- Half Yearly
Lowest at 8.15 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 29.74 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
