Company Profile For Apollo Tyres Ltd.

Apollo Tyres Ltd. (APLO.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Tires & Rubber Products ·

As of 3:47pm IST

51.95INR

Price Change

-1.05

Percent Change

-1.98%

Analyst Recommendations

Overview

Apollo Tyres Ltd. is an India-based tyre manufacturer. The Company produces a range of automotive tyres for passenger cars, truck and bus, farm, Off-The-Road, industrial and specialty applications like mining, retreaded tyres, and retreading material. These are produced across Apollo’s eight manufacturing locations in India, Netherlands and Southern Africa. Its brands include Apollo, Dunlop, Kaizen, Maloya, Regal and Vredestein. Its subsidiaries include Apollo (Mauritius) Holdings Pvt. Ltd., Apollo (South Africa) Holdings (Pty.) Ltd., Apollo Tyres South Africa (Pty.) Ltd., Dunlop Africa Marketing (UK) Ltd. and Dunlop Zimbabwe Pvt. Ltd. On May 15, 2009, the Company completed the acquisition of Vredestein Banden B.V., a Dutch company.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Apollo Tyres Ltd.'s revenue increased 42% to RS36.811B. Net income totaled RS2.03B, up from RS737.7M. Revenues reflect an increase in demand for the companies products & services. Net income also reflects higher operating income. Apollo Tyres Ltd (ATD) is engaged in manufacture copper clad laminates used for manufacture of printed circuit boards. It supplies entire raw material needs for scooter.