Apollo Tyres Ltd (BOM:500877)
₹ 515.25 -3.35 (-0.65%) Market Cap: 327.24 Bil Enterprise Value: 362.23 Bil PE Ratio: 20.44 PB Ratio: 2.40 GF Score: 86/100

Q3 2021 Apollo Tyres Limited Earnings Call Transcript

Feb 04, 2021 / 09:30AM GMT
Release Date Price: ₹243.85 (+7.28%)
Operator

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Ashutosh Tiwari
Equirus Securities Private Limited, Research Division - Research Analyst

Mr. Ravi Shingari, Group Head Account and Taxation; and Mr. Himanshu Sharma, IR Head.

Without further ado, I hand over the call to Mr. Kanwar. Over to you, sir. Thank you.

Neeraj Kanwar
Apollo Tyres Limited - Vice Chairman, MD & Member of Management Board

Thank you, Ashutosh. Good afternoon, everyone, and a very warm welcome to Apollo Tyres quarter 3 earnings call. First of all, my best wishes for you and your families' health and safety. I would once again also like to take this opportunity to thank our employees, our dealers, suppliers and all other stakeholders for their continued support.

I'm happy to inform that the demand recovery has continued to be extremely positive in India, both in the OEM segment and in the replacement market. We are seeing a sustained recovery in OEM -- in the OEM demand. In Europe, despite a sluggish demand environment, we continue to make inroads in

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