Q2 2025 Apollo Tyres Ltd Earnings Call Transcript
Key Points
- Apollo Tyres Ltd (BOM:500877) achieved a consolidated revenue growth of 3% year-over-year, reaching INR64.4 billion.
- The company reported market share gains in domestic passenger car tyres, commercial vehicles, and agri replacement segments.
- European operations showed signs of recovery with a 17% sequential revenue increase and improved EBITDA margins.
- Apollo Tyres Ltd (BOM:500877) has taken proactive pricing actions to counter raw material cost pressures.
- The company continues to focus on premiumization and has secured additional model wins from German PV manufacturers.
- Consolidated operating margin decreased to 13.6% due to raw material cost pressures.
- Net debt increased by INR4.6 billion due to short-term borrowings for inventory financing.
- The OEM segment experienced a double-digit decline, negatively impacting overall growth.
- Other expenses, including freight and advertising costs, remained high, affecting profitability.
- The company faces challenges in maintaining market share in the OE segment and has seen a decline in topline growth compared to peers.
Good evening everyone. This is Ronak Mehta. on behalf of JM Financial Institutional Securities, I welcome you all to 2Q FY25 earnings call of Apollo Tyres.
We have with us today, Mr Neeraj Kanwar, Managing Director and Vice Chairman of Apollo Tyres; Mr Gaurav Kumar, Chief Financial Officer; and IR Team. So as always, we'll start the call with a brief opening remarks from the management followed by Q&A session.
With that over to you, Mr Neeraj. Thank you.
Thank you, Ronak. Good afternoon and thank you for joining us today. I welcome you all to the Apollo Tyres Q2 FY25 post-results call.
And as always, I would start with a broad overview of the results followed by some of the key initiatives and then pass on the floor to Gaurav for more detailed commentary on our financial performance.
And then we would be happy to take questions post Gaurav's remarks.
Q2 tends to be a seasonal
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
