Apollo Tyres Limited (APOLLOTYRE.NS) Bundle
From its founding in 1972 to its Gurugram headquarters and a footprint that includes five manufacturing units in India plus facilities in the Netherlands and Hungary, Apollo Tyres Limited has built a global presence while delivering a consolidated revenue of ₹26,123 crore in FY2025-up 3% year-on-year-by focusing on a diverse portfolio spanning passenger, commercial and two-wheeler tyres, steady investment in R&D, and a corporate compass anchored in the mission 'Always Healthy and Absolute Safety' and the vision 'Driving Progress, Together', alongside core values like 'Following Our Passion', 'One Family' and 'Taking Responsibility' that shape its push for sustainable, operationally efficient growth and market expansion
Apollo Tyres Limited (APOLLOTYRE.NS) - Intro
Apollo Tyres Limited (APOLLOTYRE.NS), established in 1972 and headquartered in Gurugram, Haryana, is a leading Indian multinational tyre manufacturer. The company operates five manufacturing units in India and has international production facilities in the Netherlands and Hungary. In fiscal year 2025 (FY25) Apollo Tyres reported consolidated revenue of ₹26,123 crore, a 3% increase from the prior year, and continues to pursue sustainable, profitable growth through market expansion, operational efficiencies and R&D investment.
- Founded: 1972
- Headquarters: Gurugram, Haryana, India
- Manufacturing footprint: 5 units in India; facilities in the Netherlands and Hungary
- FY25 consolidated revenue: ₹26,123 crore (3% YoY growth)
Mission
To deliver mobility solutions that combine safety, performance and value through continuous innovation, superior quality and sustainable practices, enabling customers and stakeholders to thrive.
Vision
To be a globally respected tyre company known for technology-led products, operational excellence and a commitment to environmental and social sustainability.
Core Values
- Customer Centricity - design and deliver products that meet evolving customer needs.
- Innovation - invest in R&D and new technologies to enhance performance and efficiency.
- Quality & Safety - maintain stringent quality standards across manufacturing and supply chains.
- Sustainability - reduce environmental footprint through energy efficiency, material innovation and circularity initiatives.
- Integrity & Governance - adhere to high standards of corporate governance and ethical conduct.
Product Portfolio & Segments
- Passenger Vehicle Tyres - cars, SUVs, electric vehicles.
- Commercial Vehicle Tyres - trucks, buses, and off-highway applications.
- Two-Wheeler Tyres - motorcycles and scooters.
- Specialty & Motorsport - high-performance and niche applications.
Strategic Priorities & Focus Areas
- Market expansion in Europe and emerging markets leveraging plants in the Netherlands and Hungary.
- Operational efficiencies to improve margins despite cyclical industry pressures.
- R&D investments to support EV tyre requirements, rolling resistance reduction and durability improvements.
- Sustainability programs aimed at energy reduction, waste minimization and increased use of sustainable materials.
| Metric | FY24 (₹ crore) | FY25 (₹ crore) | YoY Change |
|---|---|---|---|
| Consolidated Revenue | 25,350 | 26,123 | +3% |
For a detailed financial analysis and investor-focused insights: Breaking Down Apollo Tyres Limited Financial Health: Key Insights for Investors
Apollo Tyres Limited (APOLLOTYRE.NS) - Overview
Apollo Tyres' mission - 'Achieve Well-being with Always Healthy and Absolute Safety' - is central to its strategic identity. The statement drives operations, employee programs, product development, and community initiatives, emphasizing proactive prevention, health promotion, and uncompromising safety standards across manufacturing sites, R&D centers, logistics, and dealer networks.- Mission focus: Health, safety and well‑being embedded into daily operations and strategic planning.
- Operationalization: Safety management systems, regular training, incident-reporting protocols, and preventive maintenance.
- Culture: Leadership commitment, worker engagement, and contractors' compliance to a single safety code.
- Safety-first: Zero-harm ambition supported by measurable KPIs and continuous improvement loops.
- Customer centricity: Durable, safe tyre solutions tailored to regional conditions and mobility trends.
- Integrity & compliance: Ethical sourcing, regulatory adherence, and transparent reporting.
- Innovation & quality: Investment in tyre technology, materials R&D, and testing to improve life, fuel efficiency and safety.
- Sustainability & community: Emphasis on environmental management, employee well‑being and local development.
| Metric | Value (most recent reported period) |
|---|---|
| Ticker / Exchange | APOLLOTYRE.NS (NSE) |
| Consolidated revenue | INR 24,004 crore |
| Consolidated net profit (PAT) | INR 1,012 crore |
| EBITDA margin (consolidated) | ~11.2% |
| R&D spend (% of sales) | ~0.9% |
| Recordable injury rate / LTIFR | 0.15 (per million man-hours) |
| Manufacturing footprint | India, Europe (Netherlands/Serbia), South Africa (plants & R&D) |
| Product segments | Passenger Car Tyres, LCV, Truck & Bus Tyres, Off‑Highway Tyres, Two‑Wheeler Tyres |
| ESG targets | Energy efficiency, CO2 intensity reduction, waste minimization, safety KPIs |
- Safety KPIs: Monthly tracking of near-misses, lost-time incidents and corrective actions; targets set at site and group level.
- Training: Annual safety hours per employee and contractor; periodic certification for critical roles.
- Product safety: Enhanced tyre-testing protocols (laboratory and field), recall readiness and warranty analytics to improve reliability.
- Community health: Local health camps, road-safety awareness programs and supply-chain health audits.
Apollo Tyres Limited (APOLLOTYRE.NS) - Mission Statement
Apollo Tyres' Vision: 'Driving Progress, Together' - a guiding principle that frames the company's strategic intent, operational priorities and stakeholder engagement across markets. This vision stresses collaboration internally (employees, R&D, operations) and externally (customers, OEMs, dealers, suppliers, partners) to accelerate innovation, scale and shared value creation. It aligns tightly with the corporate purpose of 'Enabling Excellence' and manifests in product quality, customer service, sustainability and market expansion.- Collaboration-first growth: cross-functional teams, OEM alliances, and dealer networks working jointly to expand market share and technology adoption.
- Continuous improvement: systematic product upgrades (materials, tread designs, run-flat and EV-ready tyres) and manufacturing efficiencies.
- Shared value: balancing profitability with safety, environmental stewardship and community development.
- Product breadth: Passenger Car, SUV/4x4, LCV, Truck & Bus, Off-highway and Specialty tyres; development focus on EV-ready and low-rolling-resistance compounds.
- Global footprint: manufacturing, R&D and distribution across India, Europe and key export markets to enable scale and resilient supply chains.
- People & culture: talent development, safety culture and performance-linked incentives to sustain 'togetherness' and excellence.
| Metric | Value | Notes / Significance |
|---|---|---|
| Global manufacturing facilities | Approx. 8-10 plants | India + Europe footprint supports regional production and reduced lead times |
| Annual production capacity | ~40-50 million tyres per year (approx.) | Capacity across passenger, truck & bus segments; scalable with brownfield/greenfield expansions |
| Consolidated revenue (recent fiscal) | INR 25,000-30,000 crore (approx.) | Reflects scale across domestic and international markets; subject to commodity cycles |
| Market capitalization (approx.) | INR 30,000-45,000 crore | Public valuation driven by growth expectations, margin recovery and global expansion |
| Employee strength | ~18,000-22,000 | Workforce spanning manufacturing, R&D, sales and corporate functions |
| R&D / Technology investments | Several ₹100s crores cumulative investment | Focused on tyre compounds, NVH, rolling resistance and EV tyre platforms |
| Export share of sales | 20-35% (varies by year) | Export markets bolster revenue diversification |
| Sustainability targets | Reduction in carbon intensity & increased use of sustainable materials | Ongoing initiatives in energy efficiency, renewable power and waste reduction |
- Product roadmap: prioritising EV-ready tyre development and low rolling resistance compounds to support OEM electrification programs and fleet operators.
- Industry partnerships: co-development agreements with automakers and tier-1 suppliers to embed tyres into vehicle platform performance goals.
- Manufacturing investments: capacity expansions and digitalisation (Industry 4.0) to improve throughput, yield and workplace safety.
- Market strategy: deepening aftermarket reach through dealer network enhancements and digital sales channels while protecting OEM relationships.
- Quality & Standards - stringent testing, homologation and customer feedback loops to ensure product reliability and brand trust.
- Operational excellence - margin improvement through mix optimisation, raw-material hedging and efficiency programs.
- Talent & Culture - training, safety metrics and cross-border knowledge transfer to sustain collaborative innovation.
- Sustainability - energy transition, circularity pilots (retreading, recycling) and emissions reduction to align growth with environmental responsibility.
Apollo Tyres Limited (APOLLOTYRE.NS) - Vision Statement
Apollo Tyres' vision frames its strategic priorities: to be a global tyre company known for innovation, quality, and sustainable mobility solutions that deliver superior value to customers, shareholders, employees and communities. This vision is operationalized through product R&D, geographic expansion, manufacturing excellence, and responsible business practices.- Drive leadership in tyres and mobility solutions across OEM and replacement markets.
- Deliver consistent margin improvement through premiumisation and mix optimisation.
- Scale global footprint while embedding sustainability and safety in every product lifecycle.
- Following Our Passion - Encourages employees to think big, be brave, and challenge the ordinary; fuels R&D (e.g., investments in new compound and casing technologies) and premium product launches.
- One Family - Promotes an inclusive culture uniting people, partners and communities; manifests in employee safety programs, dealer partnerships, and community initiatives.
- Taking Responsibility - Commits to responsible, sustainable business practices: emissions reduction, circularity initiatives (tyre recycling), and strong governance frameworks.
| Metric | Value (approx.) | Reference Period |
|---|---|---|
| Consolidated Revenue | ₹22,500 crore | FY2023-24 (approx.) |
| Consolidated Net Profit (PAT) | ₹1,200 crore | FY2023-24 (approx.) |
| Market Capitalisation | ~₹40,000 crore | Mid-2024 (approx.) |
| Employees (approx.) | ~25,000 | 2024 |
| Manufacturing Plants | 10+ (India, Europe, South Africa) | 2024 |
| R&D Investment (annual) | ~₹200-350 crore | Recent years (approx.) |
- Innovation KPI: Number of new tyre platforms and OE approvals per year; investments in EV-ready tyres and digital tyre-monitoring solutions.
- People & Culture KPI: Employee engagement scores, safety incident frequency rates, diversity metrics.
- Sustainability KPI: CO2 emission intensity (gCO2/km equivalent), percentage of materials from recycled sources, tyre recycling tonnage annually.
- Governance KPI: ESG ratings, compliance incidents, and supply-chain audit coverage.
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