Global tyre manufacturer selling Apollo and Vredestein brand tyres across 100+ countries from 7 plants.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 57 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 7.6k | 9.4k | 9.5k | 9.5k | 10.4k | 10.6k | 15.5k | 11.8k |
| Borrowings | 4.4k | 4.9k | 4.9k | 4.6k | 3.7k | 3.4k | 4.5k | 2.8k |
| Other Liabilities | 4.4k | 4.8k | 6.1k | 5.9k | 5.9k | 6.3k | 9.0k | 5.9k |
| Total Liabilities | 16.5k | 19.2k | 20.6k | 20.1k | 20.0k | 20.3k | 29.0k | 20.5k |
| AssetsFixed Assets | 9.3k | 10.2k | 11.8k | 11.8k | 11.3k | 10.9k | 16.9k | 10.5k |
| CWIP | 1.3k | 1.0k | 548 | 134 | 190 | 210 | 647 | 530 |
| Investments | 2.4k | 2.5k | 2.9k | 2.8k | 2.9k | 2.4k | 52 | 2.4k |
| Other Assets | 3.5k | 5.4k | 5.3k | 5.3k | 5.6k | 6.8k | 11.4k | 7.1k |
| Total Assets | 16.5k | 19.2k | 20.6k | 20.1k | 20.0k | 20.3k | 29.0k | 20.5k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 593 | 1.9k | 1.5k | 1.6k | 1.5k | 2.1k | 1.2k | 2.2k |
| Cash from Investing | -457 | -2.7k | -2.2k | -868 | -234 | -435 | -134 | -475 |
| Cash from Financing | -178 | 807 | 667 | -658 | -1.1k | -1.7k | -1.1k | -1.7k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -1.0k | -619 | 522 | 79 | 1.0k | 1.7k | 717 | 1.3k |
| FCF Margin | — | — | — | — | — | — | — | — |
The Earnings Per Share over the last 12 months.
Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).
Pre-filled with the lower of median (33.0×) and current (16.2×) PE — the conservative anchor.
The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.
At 22.7% growth and a 16× exit, ₹426 only delivers your return if you pay ₹531. The price is currently baking in 18% growth.
EPS grows 22.7%/yr for 5 years, then fades to 6% over 2, exits at 16×.
| Year | Growth | EPS (₹) |
|---|---|---|
| FY27 | 22.7% | 32.16 |
| FY28 | 22.7% | 39.46 |
| FY29 | 22.7% | 48.42 |
| FY30 | 22.7% | 59.41 |
| FY31 | 22.7% | 72.89 |
| FY32 | 14.3% ·fade | 83.35 |
| FY33 | 6.0% ·fade | 88.36 |
Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.
Guides on how to read this kind of business and the numbers that matter.