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Apollo Tyres has announced robust financial results for the fiscal year ending March 31, 2026. The company posted a consolidated profit after tax (PAT) of ₹13,724.16 million, a 22% increase from the previous year's ₹11,213.20 million. Consolidated revenue also saw a healthy 9% rise, reaching ₹284,706.00 million, up from ₹261,234.17 million in FY25. This performance highlights strong revenue expansion and operational efficiency.
Reflecting its financial health and commitment to shareholders, the Board of Directors has recommended a final dividend of ₹2.50 per share. This brings the total dividend payout for FY26 to ₹6.00 per share, a significant increase from the ₹3.50 per share paid out in FY25. Shareholders will receive this final dividend pending approval at the upcoming Annual General Meeting (AGM).
In terms of corporate governance, the company announced the appointment of M/s. BBS Associates as the Cost Auditor for the fiscal year 2027. Additionally, shareholders will vote on the proposed re-appointment of Ms. Lakshmi Puri for a second term as an Independent Director, ensuring continuity in board oversight.
Despite the positive results, the company operates within the competitive Indian tyre industry, which faces ongoing challenges, notably volatility in raw material prices for natural rubber and crude oil derivatives. These price fluctuations can impact input costs and profit margins. Apollo Tyres competes with major players like MRF Ltd, CEAT Ltd, and JK Tyre & Industries Ltd, all of which navigate similar industry dynamics.
Looking ahead, investors will monitor shareholder approval of the final dividend at the AGM and its subsequent payment. The vote on Ms. Lakshmi Puri's re-appointment is also a key governance point. Management's commentary in the next earnings call regarding raw material cost management strategies and the future demand outlook will be closely observed.