Apollo Tyres Share Price Target Tomorrow, 2025, 2030, 2035, and 2040: Apollo Tyres is a big company in India that makes high-quality tires for all kinds of vehicles. They make tires for cars, trucks, buses, motorcycles, and even big machines. Apollo Tyres is famous around the world because their tires are strong and last a long time. The company works hard to come up with new ideas and take care of the environment, making sure their tires keep people safe and help vehicles run smoothly.
As of January 15, 2025, the Apollo Tyres share price on the NSE is ₹455. Below are the projected Apollo Tyres share price target for the years 2025, 2030, 2035 And 2040.
Additionally, feel free to join our – Tele-(g)ram) where we share Fast stock market news and updates➥https://bit.ly/TradeWatch360
Apollo Tyres Limited Company Overview
Apollo Tyres was started in 1972 and is based in Gurugram, India. It has factories in India, the Netherlands, and Hungary. The company has two brands: Apollo and Vredestein, which are made for different types of roads and places. Apollo Tyres works hard to create safe, eco-friendly, and efficient products. They focus a lot on research and development, making them a trusted name in the car world.
| Company type | Public |
| Traded as | NSE: APOLLOTYRE BSE: 500877 |
| ISIN | INE438A01022 |
| Industry | Tyres |
| Founded | 1972; 52 years ago |
| Headquarters | Gurugram, Haryana, India (Corporate) Kochi, Kerala, India (Registered) |
| Key people | Onkar Kanwar (Chairman) Neeraj Kanwar (Vice Chairman & MD) |
| Revenue | ₹25,531.28 crore(US$3.1 billion) (2024) |
| Operating income | ₹2,617.50 crore(US$310 million) (2024) |
| Net income | ₹1,721.86 crore(US$210 million) (2024) |
| Total assets | ₹26,957.34 crore(US$3.2 billion) (2024) |
| Total equity | ₹13,902.18 crore(US$1.7 billion) (2024) |
| Number of employees | 17,985 (2024) |
| Website | apollotyres.com |
One Year Apollo Tyres Limited Share Price Growth Chart
Apollo Tyres Share Price Target
Now let us talk about the main point, Apollo Tyres Share Price Target. We predict the share price through a combination of fundamental and technical analysis of the company’s performance and market trends. Using our extensive experience and thorough research by our expert team, we aim to forecast the direction in which Apollo Tyres’ share price is expected to move in the coming years. Below are our predictions for the share price targets for 2025, 2026, 2027, 2028, 2029, 2030, 2035, and 2040.
Apollo Tyres Share Price Target For 2025
By 2025, Apollo Tyres is expected to reach a first goal of ₹650 and a second goal of ₹720. This growth will happen because the company is working hard on creating new products, expanding into new areas, and there is an increasing need for cars, which will help their business grow.
| Year | 1st Target | 2nd Target |
| 2025 | ₹650 | ₹720 |
Read More:- Inventurus Knowledge Solutions Share Price Target 2025, 2030, 2035, 2040
Apollo Tyres Share Price Forecast For 2026
In 2026, Apollo Tyres’ stock price is expected to go up to ₹800 and maybe even ₹850. The company is working hard to grow around the world and make tyres for electric vehicles (EVs), which could help them do even better.
| Year | 1st Target | 2nd Target |
| 2026 | ₹800 | ₹850 |
Apollo Tyres Stock Price Target For 2027
By 2027, Apollo Tyres is expected to reach its first goal of ₹950 and a second goal of ₹1,020. The company is doing well because more people are choosing high-quality tyres, and it is also good at making eco-friendly and efficient tyres, which will help it grow even more in the market.
| Year | 1st Target | 2nd Target |
| 2027 | ₹950 | ₹1020 |
Apollo Tyres Stock Price Forecast For 2028
In 2028, the price of Apollo Tyres shares is expected to reach ₹1,150 first, and then ₹1,250. This growth is likely because the company is adding new products and using better manufacturing technologies.
| Year | 1st Target | 2nd Target |
| 2028 | ₹1150 | ₹1250 |
Apollo Tyres Share Price Estimate For 2029
By 2029, Apollo Tyres is expected to reach a price of ₹1,320 and then ₹1,400. The company plans to make more sales in other countries and find new markets, which will help it earn more money and make bigger profits.
| Year | 1st Target | 2nd Target |
| 2029 | ₹1320 | ₹1400 |
Apollo Tyres Stock Price Estimate For 2030
In 2030, Apollo Tyres’ stock price is expected to reach ₹1,600 as the first target and ₹1,750 as the second target. The company is working hard to make more tyres for electric vehicles (EVs) and is focusing on being more environmentally friendly. These efforts should help the stock price go up.
| Year | 1st Target | 2nd Target |
| 2030 | ₹1600 | ₹1750 |
Apollo Tyres Stock Price Prediction For 2035
By the year 2035, the price of Apollo Tyres shares might reach ₹2,600 as the first target and ₹3,400 as the second target. The company is working hard on new ideas and products, and it is good at keeping up with changes around the world, which will help it keep growing.
| Year | 1st Target | 2nd Target |
| 2035 | ₹2600 | ₹3400 |
Read More:- Hinduja Global Share Price Target 2025, 2030, 2035, and 2040
Apollo Tyres Share Price Prediction For 2040
By 2040, Apollo Tyres’ share price might reach ₹4,500 first and then ₹5,250. The company is a leader in making tyres and keeps improving and growing. This makes it a popular choice for people who want to invest their money for a long time.
| Year | 1st Target | 2nd Target |
| 2040 | ₹4500 | ₹5250 |
Apollo Tyres Share Price Forecast From 2025 To 2040
| Year | Year High Target (₹) | Year Low Target (₹) |
| 2025 | ₹720 | ₹510 |
| 2026 | ₹850 | ₹650 |
| 2027 | ₹1020 | ₹760 |
| 2028 | ₹1250 | ₹850 |
| 2029 | ₹1400 | ₹1050 |
| 2030 | ₹1750 | ₹1200 |
| 2035 | ₹3400 | ₹1450 |
| 2040 | ₹5250 | ₹2750 |
Apollo Tyres Ltd Peers Comparison
| Sector: Tyres | Industry: Tyres | ||||
| Name | P/E | Mar Cap ₹Cr. | Div Yld% | NP Qtr ₹Cr. | ROCE% |
| MRF | 28.28 | 55107 | 0.15 | 470.70 | 16.12 |
| Balkrishna Inds | 33.18 | 54011 | 0.59 | 346.94 | 17.62 |
| Apollo Tyres | 22.20 | 33660 | 1.14 | 297.46 | 16.45 |
| CEAT | 20.95 | 12419 | 0.98 | 121.45 | 20.42 |
| JK Tyre & Indust | 14.16 | 10864 | 1.14 | 139.75 | 19.31 |
| TVS Srichakra | 39.92 | 2762 | 1.32 | 10.25 | 11.14 |
| Goodyear India | 40.42 | 2360 | 1.47 | 15.74 | 21.98 |
Apollo Tyres Ltd Fundamentals
| Metric | Value |
| Market Cap | ₹28,764 Cr |
| P/E Ratio (TTM) | 19.84 |
| P/B Ratio | 2.01 |
| Industry P/E | 23.11 |
| Debt to Equity | 0.34 |
| ROE | 10.13% |
| EPS (TTM) | 22.83 |
| Dividend Yield | 1.32% |
| 52 Week High | ₹584.90 |
| 52 Week Low | ₹429.00 |
| Book Value | 215.86 |
| Face Value | 1 |
Apollo Tyres Ltd Financial Results
| All In ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| Sales | 17,397 | 20,948 | 24,568 | 25,378 | 25,625 |
| Expenses | 14,579 | 18,353 | 21,235 | 20,909 | 21,602 |
| Operating Profit | 2,818 | 2,595 | 3,333 | 4,468 | 4,023 |
| OPM % | 16% | 12% | 14% | 18% | 16% |
| Other Income | -478 | 118 | 64 | 77 | 48 |
| Interest | 463 | 465 | 551 | 527 | 464 |
| Depreciation | 1,315 | 1,400 | 1,419 | 1,478 | 1,501 |
| Profit before tax | 561 | 848 | 1,427 | 2,540 | 2,106 |
| Tax % | 38% | 25% | 27% | 32% | |
| Net Profit | 350 | 639 | 1,046 | 1,722 | 1,450 |
| EPS in Rs | 5.51 | 10.06 | 16.47 | 27.11 | 22.84 |
| Dividend Payout % | 63% | 32% | 27% | 22% | |
| Compounded Sales Growth | Compounded Profit Growth | Stock Price CAGR | |||
| 10 Years: | 7% | 10 Years: | 5% | 10 Years: | 9% |
| 5 Years: | 8% | 5 Years: | 16% | 5 Years: | 27% |
| 3 Years: | 13% | 3 Years: | 35% | 3 Years: | 38% |
| TTM: | 2% | TTM: | -4% | 1 Year: | 23% |
| Return on Equity | |||||
| 10 Years: | 10% | ||||
| 5 Years: | 8% | ||||
| 3 Years: | 9% | ||||
| Last Year: | 13% | ||||
Apollo Tyres Ltd Balance Sheet
| All in ₹Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| Equity Capital | 64 | 64 | 64 | 64 | 64 |
| Reserves | 11,380 | 11,689 | 12,515 | 13,839 | 14,245 |
| Borrowings | 7,334 | 7,061 | 6,421 | 4,905 | 4,801 |
| Other Liabilities | 7,040 | 8,228 | 8,282 | 8,068 | 8,396 |
| Total Liabilities | 25,816 | 27,041 | 27,281 | 26,875 | 27,505 |
| Fixed Assets | 16,420 | 17,591 | 17,653 | 17,006 | 16,774 |
| CWIP | 1,107 | 618 | 253 | 348 | 421 |
| Investments | 110 | 481 | 436 | 532 | 43 |
| Other Assets | 8,181 | 8,350 | 8,940 | 8,989 | 10,267 |
| Total Assets | 25,816 | 27,041 | 27,281 | 26,875 | 27,505 |
Apollo Tyres Ltd Shareholding Pattern
Apollo Tyres Dividend History 2000 to 2024
| Announcement Date | Ex-Dividend Date | Dividend Type | Dividend (Rs) |
| 14 May, 2024 | 05 Jul, 2024 | Final | 6.00 |
| 09 May, 2023 | 14 Jul, 2023 | Final | 4.00 |
| 10 May, 2023 | 14 Jul, 2023 | Special | 0.50 |
| 12 May, 2022 | 16 Jun, 2022 | Final | 3.25 |
| 12 May, 2021 | 15 Jul, 2021 | Final | 3.50 |
| 24 Feb, 2020 | 04 Mar, 2020 | Interim | 3.00 |
| 09 May, 2019 | 23 Jul, 2019 | Final | 3.25 |
| 10 May, 2018 | 18 Jul, 2018 | Final | 3.00 |
| 05 May, 2017 | 27 Jun, 2017 | Final | 3.00 |
| 11 May, 2016 | 01 Aug, 2016 | Final | 2.00 |
| 12 May, 2015 | 04 Aug, 2015 | Final | 2.00 |
| 15 May, 2014 | 17 Jul, 2014 | Final | 0.75 |
| 10 May, 2013 | 18 Jul, 2013 | Final | 0.50 |
| 10 May, 2012 | 30 Jul, 2012 | Final | 0.50 |
| 11 May, 2011 | 26 Jul, 2011 | Final | 0.50 |
| 31 May, 2010 | 14 Jul, 2010 | Final | 0.75 |
| 04 May, 2009 | 29 Jun, 2009 | Final | 0.45 |
| 09 May, 2008 | 27 Jun, 2008 | Final | 0.50 |
| 12 Mar, 2007 | 23 Mar, 2007 | Interim | 4.50 |
| 05 May, 2006 | 21 Aug, 2006 | Final | 4.50 |
| 07 Jun, 2005 | 29 Jun, 2005 | Final | 4.50 |
| 19 May, 2004 | 28 Jun, 2004 | Final | 4.50 |
| 09 May, 2003 | 30 Jun, 2003 | Final | 4.50 |
| 27 Jun, 2002 | 28 Aug, 2002 | Final | 0.00 |
| 28 Jun, 2001 | 14 Aug, 2001 | Final | 0.00 |
| 27 Mar, 2000 | – | Interim | 0.00 |
Apollo Tyres Split History
| Announcement Date | Ex-Split Date | Old FV | New FV | Remarks |
| 01 May, 2007 | 17 Aug, 2007 | 10 | 1 | For every share held, the holder will receive 10 shares post the split adjustment. |
FAQs
Q.1. What is the share price target for Apollo Tyres in 2025?
Ans: By 2025, Apollo Tyres’ share price might go up to ₹650 first and then ₹720 later. This is because the company is doing well as India’s cars and energy businesses grow. Apollo Tyres is also working on things like better electricity in villages and building roads, which could help it do even better.
Q.2. What are the projected share price targets for Apollo Tyres in 2026?
Ans: By 2026, Apollo Tyres’ share price might go up to ₹800 first and then ₹850 later. The company is working on clean energy projects and getting better at managing its money, which could help it grow.
Q.3. What is the share price target for Apollo Tyres in 2027?
Ans: By 2027, Apollo Tyres could see its share price reach ₹950 at the first target and ₹1020 at the second target. With a focus on scaling its operations and partnerships, the company is likely to maintain its growth trajectory.
Q.4. What are the share price targets for Apollo Tyres in 2028?
Ans: By 2028, Apollo Tyres’ share price is expected to reach ₹1150 first and then ₹1250. As India improves its energy systems, Apollo Tyres is working on new ideas and teaming up with other companies to do even better.
Q.5. What is the Apollo Tyres share price in 2029?
Ans: By 2029, Apollo Tyres’ share price is expected to reach ₹1320 as the first target and ₹1400 as the second target. The company is working better and selling more products for cars and energy, which might make more people want to invest in it.
Q.6. What are the share price targets for Apollo Tyres in 2030?
Ans: In 2030, the company’s share price could grow significantly to ₹1600 at the first target and ₹1750 at the second target. Apollo Tyres leadership in its sector and its ability to meet rising demand will play a critical role in driving this growth.
Q.7. What are the long-term share price targets for Apollo Tyres in 2035?
Ans: By 2035, Apollo Tyres could see its share price climb to ₹2600 at the first target and ₹3400 at the second target. Its long-term focus on sustainability and expansion into new markets could fuel this impressive performance.
Q.8. What is the share price target for Apollo Tyres in 2040?
Ans: By 2040, Apollo Tyres’ share price is expected to reach ₹4,500 first and then ₹5,250. The company is working hard on new ideas, using green energy, and growing around the world. This will help them stay a top company and make their investors happy.
Q.9. Who is the current CEO of Apollo Tyres?
Ans: The current CEO and Managing Director of Apollo Tyres is Neeraj Kanwar. He has been with the company for over two decades and took over as CEO in 2009.
Q.10. How can I contact Apollo Tyres for customer support?
Ans: India Customer Service: Phone: 1800-212-7070, Email: [email protected] USA Customer Service: Phone: 877-234-0867, Email: [email protected].
TradeWatch360 is a premier platform dedicated to providing real-time insights, trends, and updates in the stock market. It is designed to support both new and seasoned investors by delivering timely and actionable information across a range of asset classes, including stocks, futures, commodities, and global markets.