Apollo Tyres Limited

NSE APOLLOTYRE.NS

Apollo Tyres Limited Interest Coverage Ratio for the year ending March 31, 2024: 6.06

Apollo Tyres Limited Interest Coverage Ratio is 6.06 for the year ending March 31, 2024, a 64.94% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Apollo Tyres Limited Interest Coverage Ratio for the year ending March 31, 2023 was 3.67, a 22.57% change year over year.
Apollo Tyres Limited Interest Coverage Ratio for the year ending March 31, 2022 was 3.00, a 28.10% change year over year.
Apollo Tyres Limited Interest Coverage Ratio for the year ending March 31, 2021 was 2.34, a -23.54% change year over year.
Apollo Tyres Limited Interest Coverage Ratio for the year ending March 31, 2020 was 3.06, a -49.53% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: APOLLOTYRE.NS

Apollo Tyres Limited

CEO	Mr. Onkar Singh Kanwar B Sc
IPO Date	Jan. 1, 2002
Location	India
Headquarters	Apollo House
Employees	7,559
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Automotive Parts Composite Materials Electric Vehicles (EVs) Glass Leisure Machinery Motorcycles

Description

Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in the Asia Pacific, the Middle East, Africa, Europe, and internationally. It offers passenger car, sports utility vehicle, multi utility vehicle, light truck, truck-bus, agriculture, industrial, specialty, bicycle, off highway, and two-wheeler tires; retreading materials and tires; and alloy wheels. The company provides its products under the Apollo and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.

Key trends

Past 5 years