- Introduction
- What Is Apollo Tyres Company?
- Overview Of Apollo Tyres Company
- Financial Data Analysis Of Apollo Tyres Company
- Apollo Tyres Share Price Target History From 2024 to 2040
- How To Purchase Apollo Tyres Share?
- Peer Companies of Apollo Tyres
- Investors Types And Ratio Of Apollo Tyres
- Advantages and Disadvantages Of Apollo Tyres Share
- FAQ
- Should I invest in Apollo Tyres Share Price Target right now?
- What is the future growth of Apollo Tyres company?
- Who is the chairman of Apollo Tyres Company?
- Which Country’s brand is Apollo Tyres?
- How many plants are in Apollo Tyres?
- What is the Apollo Tyres Share Price Target for the year 2024?
- What is the Apollo Tyres Share Price Target for the year 2025?
- What is the Apollo Tyres Share Price Target for the year 2027?
- What is the Apollo Tyres Share Price Target for the year 2028?
- What is the Apollo Tyres Share Price Target for the year 2030?
- What is the Apollo Tyres Share Price Target for the year 2040?
- Conclusion
Introduction
Apollo Tyres is a leading player in the tyre manufacturing industry, both in India and internationally. For potential investors, understanding the company’s financial growth, business strategies, and future projections is crucial. This article provides a comprehensive analysis of Apollo Tyres Share Price Target: 2024, 2025, 2027, 2030 and 2040, based on expert insights and market trends.
What Is Apollo Tyres Company?
Apollo Tyres, established in 1972, is an Indian multinational tyre manufacturing company headquartered in Gurgaon. The company operates five manufacturing units across India, with the first plant established in Kerala.
Overview Of Apollo Tyres Company
Apollo Tyres initially focused on producing truck tyres and later expanded to other segments, including two-wheeler tyres. The company’s revenue distribution is 68% from India, 27% from Europe, and 5% from other regions. In 2015, Apollo acquired Germany’s Reifencom tyre distributor, enhancing its presence in Europe.
| Company Name | Apollo Tyres Limited |
| Market Cap | ₹29,896.56 Crore |
| Book Value | ₹165.45 |
| Face Value | ₹1 |
| P/B | 2.88 |
| 52 Week High | ₹558.89 |
| 52 Week Low | ₹365 |
| DIV. YIELD | 1.30% |
Financial Data Analysis Of Apollo Tyres Company
Analyzing the company’s financial metrics is essential for understanding its market performance and growth potential. Key ratios include:
Key Ratios:
| Metric | Value |
| PE Ratio | 25.61 |
| Return On Assets (ROA) | 2.89% |
| Current Ratio | 0.97 |
| Return On Equity (ROE) | 5.98% |
Apollo Tyres Share Price Target History From 2024 to 2040
Apollo Tyres has shown a bullish trend in the share market. Over the last six months, the share price has grown by 4.99%, and in the last year, it has increased by 20.80%. The following sections provide detailed share price targets for the upcoming years.
Apollo Tyres Share Price Target 2024
| Year | 1st Price Target | 2nd Price Target |
| 2024 | ₹480 | ₹610 |
Apollo Tyres Share Price Target 2025
| Year | 1st Price Target | 2nd Price Target |
| 2025 | ₹650 | ₹820 |
Apollo Tyres Share Price Target 2027
| Year | 1st Price Target | 2nd Price Target |
| 2027 | ₹1110 | ₹1320 |
Apollo Tyres Share Price Target 2030
| Year | 1st Price Target | 2nd Price Target |
| 2030 | ₹1920 | ₹2110 |
Apollo Tyres Share Price Target 2040
| Year | 1st Price Target | 2nd Price Target |
| 2040 | ₹3760 | ₹4010 |
How To Purchase Apollo Tyres Share?
You can purchase Apollo Tyres shares through various trading platforms such as Zerodha, Upstox, Groww, and Angelone.
Peer Companies of Apollo Tyres
- Bridgestone Corp
- Continental AG
- The Goodyear Tire & Rubber Co
Investors Types And Ratio Of Apollo Tyres
| Investor Type | Ratio |
| Promoters Holding | 38.40% |
| Public Holding | 20.40% |
| FII (Foreign Institutional Investors) | 18.10% |
| DII (Domestic Institutional Investors) | 23.10% |
Advantages and Disadvantages Of Apollo Tyres Share
Advantages
- Significant revenue growth in recent years.
- Efficient cash conversion cycle and good cash flow management.
- Growing with minimal debt and increasing book value.
Disadvantages
- Poor ROE in the last three years.
- Low cash generation from core business operations.
Also Read: Adani Ports Share Price Target 2024, 2025, 2027, 2030, 2040
FAQ
What is the future growth of Apollo Tyres company?
Apollo Tyres is expected to continue its growth trajectory, driven by expansion in international markets and innovation in tyre technology.
Who is the chairman of Apollo Tyres Company?
The current chairman of Apollo Tyres is Onkar Kanwar.
Which Country’s brand is Apollo Tyres?
Apollo Tyres is an Indian brand.
How many plants are in Apollo Tyres?
Apollo Tyres operates six manufacturing plants worldwide.
Conclusion
Apollo Tyres shows significant growth potential, making it a promising investment option for long-term investors. By analyzing its financial performance, market trends, and future projections, investors can make informed decisions about investing in Apollo Tyres shares. For more detailed insights and expert advice, visit My Blogg Bank.
Disclaimer: We are not SEBI-registered advisors. Investing in the financial market involves risks. This content is for educational purposes only. Consult certified experts before making any investment decisions.
