Apollo Tyres Ltd - Company Profile
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Apollo Tyres Ltd (Apollo Tyres) is a manufacturer and seller of tyres, tubes and flaps. The company provides tyres for passenger car, sports utility vehicle, multi utility vehicle, light truck, truck-bus, agriculture, industrial, two-wheeler, bicycle, and off highway tires. It also provides retreading material, retreading tyres and alloy wheels. The company markets its products under two global brands- Apollo and Vredestein. These products are available in countries across the globe through a large network of exclusive and multi-product outlets. Apollo Tyres operates manufacturing units in India, the Netherlands and Hungary. Apollo Tyres is headquartered in Gurugram, Haryana, India.
Headquarters
India
Address
Apollo House, 7 Institutional Area, Sector 32, Gurgaon, Haryana, 122001
Website
corporate.apollotyres.com
Telephone
91 124 2721000
No of Employees
16,090
Industry
Automotive
Ticker Symbol & Exchange
APOLLOTYRE (NSE)
Revenue (2022)
$3.1B
17.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
63.8%
(2022 vs 2021)
Market Cap*
$3.7B
Net Profit Margin (2022)
XYZ
39.7%
(2022 vs 2021)
* As of and is in US$
Apollo Tyres Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Automotive tyres | Apollo |
| Off-the-road vehicles tyres | Vredestein |
| Retreaded tyres and retreading material | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In December, the company introduced OOH and DOOH campaigns for Vredestein. |
| 2023 | Contracts/Agreements | In November, the company announced a strategic partnership with Wales & West Utilities (WWU) to undertake a major project for developing a low carbon hydrogen network for North Wales. |
| 2023 | Contracts/Agreements | In November, the company signed a distribution deal with GEFCO to supply tires to customers in France. |
Competitor Comparison
| Key Parameters | Apollo Tyres Ltd | Continental AG | Bridgestone Corp | Compagnie Generale des Etablissements Michelin | The Goodyear Tire & Rubber Co |
|---|---|---|---|---|---|
| Headquarters | India | Germany | Japan | France | United States of America |
| City | Gurgaon | Hannover | Chuo-Ku | Clermont-Ferrand | Akron |
| State/Province | Haryana | Berlin | Tokyo | Auvergne | Ohio |
| No. of Employees | 16,090 | 202,763 | 125,199 | 132,500 | 71,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Onkar S. Kanwar | Chairman; Managing Director | Executive Board | 2023 | 80 |
| Sunam Sarkar | Chief Business Officer; Director; President | Executive Board | 2014 | - |
| Gaurav Kumar | Chief Financial Officer | Senior Management | 2010 | 53 |
| Daniele Lorenzetti | Chief Technology Officer | Senior Management | 2016 | - |
| Yoichi Sato | Chief Quality & Safety Officer | Senior Management | 2020 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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