Apollo Tyres Latest Updates

$APOLLOTYRE Strong Q4 FY26 Financial Growth: For the fourth quarter ended March 31, 2026, Apollo Tyres reported a 14.19% year-on-year growth in consolidated revenue from operations, reaching ₹7,335.67 crore. Consolidated net profit (PAT) for the quarter soared over 3-fold (241.76%) to hit ₹630.97 crore, compared to ₹184.62 crore in Q4 FY25, significantly boosted by an exceptional gain of ₹456.13 crore. Massive Three-Year Capital Expenditure Plan: Facing tightening domestic plant utilization moving into the high 80s, the company has approved a major ₹58 billion capital expenditure pipeline spanning over three years (FY27 to FY29). The funds will be heavily deployed toward expanding passenger car radial and TBR capacities at its Andhra Pradesh manufacturing facility. For the upcoming FY27 cycle alone, total consolidated capex is mapped at approximately ₹30 billion. European Footprint Structural Restructuring: As part of its international manufacturing optimization matrix, Apollo Tyres is scheduled to officially close its Enschede production plant in the Netherlands by the end of June 2026. The corporate entity is actively transitioning its overall production pipelines to its lower-cost facilities in Hungary and India, with structural cost benefits expected to flow through from the second half of FY27. Global Brand Strength Valuation Landmark: In the 2026 Global Tyre Brand Strength rankings published by brand valuation consultancy Brand Finance, Apollo Tyres emerged as the fastest climber globally. Driven by strategic product innovations and deep visibility assets—such as its lead sponsorship jersey deal with the Indian Cricket Team—the brand jumped from the 13th spot in 2025 to rank as the 6th strongest tyre brand globally in 2026.