Apollo Tyres Stock Current Update

Q4 FY25 Results: Apollo Tyres announced its Q4 FY25 results yesterday, May 14, 2025. The company reported a 48% year-on-year slump in net profit to ₹184.5 crore. This is compared to a net profit of ₹354 crore in the same quarter last year. Revenue Growth: Despite the drop in profit, the company's revenue from operations saw a marginal increase of 2.6% year-on-year, reaching ₹6,423 crore compared to ₹6,258 crore in Q4 FY24. Full Year Performance (FY25): For the entire fiscal year 2025, Apollo Tyres reported a net profit of ₹1,121 crore, down from ₹1,722 crore in FY24. Revenue for FY25 stood at ₹26,123 crore, up from ₹25,378 crore in the previous fiscal year. Dividend Announcement: The board of directors has recommended a dividend of ₹5 per share for FY25, subject to shareholder approval. Management Commentary: Apollo Tyres Chairman Onkar Kanwar acknowledged that the company's performance in recent quarters has been below expectations. He stated that a thorough internal review has identified key challenges, and targeted strategies are now in place to address these issues, expressing confidence in delivering stronger results in the coming quarters. Analyst Ratings: Based on 24 analysts, 75% have a 'buy' rating on the stock, 16.67% recommend 'hold', and 8.33% suggest 'sell'. The average target price is around ₹506.58. Stock Movement: In the past month, the stock has moved up by approximately 9.5%. However, year-to-date, the stock is down by about 9.88%.