Stay updated with breaking news from Apollo Ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
APL Apollo Tubes Ltd. key Products/Revenue Segments include Pipes & Tubes Steel, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2023.
APL Apollo Tubes Ltd. key Products/Revenue Segments include Pipes & Tubes Steel, Scrap, Export Incentives and Job Work for the year ending 31-Mar-2023.
Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.
Apollo Tyres Ltd., incorporated in the year 1972, is a Mid Cap company (having a market cap of Rs 28436.64 Crore) operating in Tyres sector.
Apollo Tyres is trading at ~15x FY25E earnings vs ~7% EPS CAGR during FY24E-FY26E. As against ~6% India volume CAGR over FY24-26E, we expect India EBITDAM/FCF/RoCE to remain steady during the same period, with business remaining exposed to the mean reversion in GM.