Goodyear India Share Price Target Tomorrow, 2025, 2030, 2035, 2040: Goodyear India Limited is a part of the big global tire company, Goodyear Tire & Rubber Company. It makes and sells strong and high-quality tires for cars, trucks, and farm machines. Goodyear India is known for creating new and better tire designs that help vehicles stay safe, last longer, and work well on the road.
The Goodyear India share price on the BSE as of January 31, 2025, is 941.45 INR. Below are the details of the Goodyear india share price target for the years 2025, 2026, 2027, 2028, 2029, 2030, 2035 to 2040.
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Goodyear India Company Overview
Goodyear India was founded in 1922. It makes tires in Ballabgarh, Haryana, and Aurangabad, Maharashtra. The company sells tires to car makers and also to people who need new tires. Goodyear India uses smart ideas from around the world but also focuses on what Indian customers need. It cares about the environment, uses new technology, and works hard to keep customers happy. That’s why it is a trusted brand for cars and farm vehicles.
| Company type | Private |
| Traded as | BSE: 500168 |
| Industry | Tyres |
| Founded | 1922 |
| Headquarters | New Delhi, India |
| Area served | Worldwide |
| Key people | Sandeep Mahajan |
| Products | Tyres bicycle and carriage tyres sealing rings for canning, fire hose even rubber poker chips Tubes flaps |
| Revenue | ₹2569 crore (2024) |
| Net Profits | ₹94.85 crore (2024) |
| Total assets | ₹1179 crore (2024) |
| Total equity | ₹581 crore (2024) |
| Number of employees | 839 |
| Parent organizations | Goodyear Orient Co Private ltd, Automotive |
| Website | https://www.goodyear.co.in/ |
One Year Goodyear India Share Price Growth Chart
Goodyear India Share Price Target For 2025
Goodyear India is a well-known tire company that many people trust. It has been doing well and is a favorite among investors. In 2025, experts believe its share price could go up to ₹1,450 first and then ₹1,581 later. This growth is because more people need tires, and the company is running smoothly.
| Year | 1st Target | 2nd Target |
| 2025 | ₹1450 | ₹1581 |
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Goodyear India Share Price Target For 2026
In 2026, Goodyear India’s stock price might keep going up. The first goal is ₹1,735, and the second goal is ₹1,865. This is because the company is making smart choices and using good opportunities in the car industry.
| Year | 1st Target | 2nd Target |
| 2026 | ₹1735 | ₹1865 |
Goodyear India Share Price Target For 2027
By 2027, Goodyear India’s share price might go up to ₹2,050 first and then ₹2,201. The company is well-known and keeps coming up with new ideas, which can help it reach these prices.
| Year | 1st Target | 2nd Target |
| 2027 | ₹2050 | ₹2201 |
Goodyear India Share Price Target For 2028
By 2028, Goodyear India’s share price might go up to ₹2,460 first and then ₹2,597. The company is working hard to sell more and use better technology, which can help its price grow.
| Year | 1st Target | 2nd Target |
| 2028 | ₹2460 | ₹2597 |
Goodyear India Share Price Target For 2029
By 2029, Goodyear India’s share price might go up. The first goal is ₹2,940, and the second goal is ₹3,065. If the company keeps making good products and meets demand, people will continue to trust it.
| Year | 1st Target | 2nd Target |
| 2029 | ₹2940 | ₹3065 |
Goodyear India Share Price Target For 2030
By 2030, Goodyear India’s share price might reach ₹3,417 first and then ₹3,617. This shows the company could grow a lot in the future because it keeps making better products and cares about its customers.
| Year | 1st Target | 2nd Target |
| 2030 | ₹3417 | ₹3617 |
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Goodyear India Share Price Target For 2035
By 2035, Goodyear India’s share price might go up to ₹5,875 first and then ₹6,275. The company is growing because it keeps up with new market trends and cares about the environment.
| Year | 1st Target | 2nd Target |
| 2035 | ₹5875 | ₹6275 |
Goodyear India Share Price Target For 2040
By 2040, Goodyear India’s share price might reach ₹10,610 first and then ₹11,932 later. This big growth shows that the company is strong and works hard to improve through smart planning and new ideas.
| Year | 1st Target | 2nd Target |
| 2040 | ₹10610 | ₹11932 |
Goodyear India Share Price Forecast 2025 to 2040
| Year | Year High Target (₹) | Year Low Target (₹) |
| 2025 | ₹1581 | ₹930 |
| 2026 | ₹1865 | ₹1206 |
| 2027 | ₹2201 | ₹1441 |
| 2028 | ₹2597 | ₹1618 |
| 2029 | ₹3065 | ₹2145 |
| 2030 | ₹3617 | ₹2532 |
| 2035 | ₹6275 | ₹2893 |
| 2040 | ₹11932 | ₹6850 |
Goodyear India Limited Peer comparison
| Sector: Tyres | Industry: Tyres | ||||
| Name | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | ROCE % |
| Balkrishna Inds | 33.31 | 54229.35 | 0.59 | 346.94 | 17.62 |
| MRF | 26.89 | 52388.48 | 0.17 | 470.7 | 16.12 |
| Apollo Tyres | 20.49 | 31104.06 | 1.25 | 297.46 | 16.45 |
| CEAT | 19.35 | 11455.88 | 1.1 | 121.45 | 20.42 |
| JK Tyre & Indust | 13.6 | 10375.77 | 1.22 | 139.75 | 19.31 |
| TVS Srichakra | 39.89 | 2760.93 | 1.3 | 10.25 | 11.14 |
| Goodyear India | 39.87 | 2332.71 | 1.48 | 15.74 | 21.98 |
Goodyear India Limited Fundamentals
| Parameter | Value |
| Market Cap | ₹2,173 Cr |
| P/E Ratio (TTM) | 37.20 |
| P/B Ratio | 3.72 |
| Industry P/E | 26.22 |
| Debt to Equity | 0.01 |
| ROE | 9.94% |
| EPS (TTM) | 25.32 |
| Dividend Yield | 4.35% |
| 52 Week High | ₹1,440 |
| 52 Week Low | ₹916 |
| Book Value | 253.50 |
| Face Value | 10 |
Goodyear India Limited Financial Results
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales | 1,792 | 2,436 | 2,928 | 2,552 | 2,516 |
| Expenses | 1,575 | 2,264 | 2,721 | 2,381 | 2,395 |
| Operating Profit | 217 | 172 | 207 | 171 | 121 |
| OPM % | 12% | 7% | 7% | 7% | 5% |
| Other Income | 23 | 23 | 16 | 17 | 18 |
| Interest | 3 | 4 | 4 | 4 | 4 |
| Depreciation | 53 | 53 | 54 | 55 | 55 |
| Profit before tax | 183 | 138 | 165 | 128 | 79 |
| Tax % | 26% | 26% | 26% | 26% | |
| Net Profit | 136 | 103 | 123 | 95 | 58 |
| EPS in Rs | 59.07 | 44.61 | 53.26 | 41.12 | 25.32 |
| Dividend Payout % | 301% | 224% | 50% | 100% | |
| Compounded Sales Growth | Compounded Profit Growth | ||||
| 10 Years: | 5% | 10 Years: | 0% | ||
| 5 Years: | 6% | 5 Years: | -1% | ||
| 3 Years: | 13% | 3 Years: | -11% | ||
| TTM: | -9% | TTM: | -57% | ||
| Stock Price CAGR | Return on Equity | ||||
| 10 Years: | 5% | 10 Years: | 16% | ||
| 5 Years: | 1% | 5 Years: | 14% | ||
| 3 Years: | 0% | 3 Years: | 16% | ||
| 1 Year: | -23% | Last Year: | 16% | ||
Goodyear India Limited Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
| Equity Capital | 23 | 23 | 23 | 23 | 23 |
| Reserves | 816 | 692 | 583 | 558 | 564 |
| Borrowings | 14 | 17 | 10 | 7 | 5 |
| Other Liabilities | 537 | 634 | 646 | 591 | 682 |
| Total Liabilities | 1,391 | 1,365 | 1,261 | 1,179 | 1,275 |
| Fixed Assets | 312 | 317 | 357 | 364 | 350 |
| CWIP | 16 | 33 | 61 | 44 | 45 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1,063 | 1,015 | 843 | 771 | 880 |
| Total Assets | 1,391 | 1,365 | 1,261 | 1,179 | 1,275 |
Goodyear India Limited Shareholding Pattern
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters | 74.00% | 74.00% | 74.00% | 74.00% | 74.00% |
| FIIs | 0.74% | 0.73% | 0.75% | 0.74% | 0.73% |
| DIIs | 8.06% | 8.06% | 8.05% | 8.05% | 8.05% |
| Public | 17.20% | 17.21% | 17.21% | 17.21% | 17.22% |
| No. of Shareholders | 45,174 | 45,001 | 45,049 | 45,150 | 44,118 |
Goodyear India Dividend History 2007 to 2024
| Ex-Date | Dividend Amount | Dividend Type | Record Date |
| 23 Jul 2024 | 15 | FINAL | – |
| 12 Feb 2024 | 26 | SPECIAL | 12 Feb 2024 |
| 26 Jul 2023 | 26.5 | FINAL | – |
| 22 Jul 2022 | 80 | SPECIAL | – |
| 22 Jul 2022 | 20 | FINAL | – |
| 04 Aug 2021 | 80 | SPECIAL | – |
| 4 Aug 2021 | 18 | FINAL | – |
| 14 Dec 2020 | 80 | INTERIM | 15 Dec 2020 |
| 11 Sep 2020 | 0 | INTERIM | 14 Sep 2020 |
| 05 Aug 2020 | 13 | FINAL | – |
| 2 Aug 2019 | 13 | FINAL | – |
| 31 Jul 2018 | 13 | FINAL | – |
| 1 Aug 2017 | 12.5 | FINAL | – |
| 23 Aug 2016 | 12 | FINAL | – |
| 11 Jun 2015 | 10 | FINAL | – |
| 30 April 2014 | 9 | FINAL | – |
| 23 May 2013 | 7 | FINAL | – |
| 10 May 2012 | 7 | FINAL | – |
| 8 June 2011 | 7 | FINAL | – |
| 24 May 2010 | 7 | FINAL | – |
| 3 Jun 2009 | 6 | FINAL | – |
| 29 April 2008 | 6 | FINAL | – |
| 30 May 2007 | 5 | FINAL | – |
FAQs
Q.1. What is the share price target for Goodyear India in 2025?
Ans: The share price target for Goodyear India in 2025 is expected to be ₹1450 for the first target and ₹1581 for the second target. This indicates a positive outlook for the company as it continues to capitalize on the growing demand for automotive products and services.
Q.2. What are the projected share price targets for Goodyear India in 2026?
Ans: For 2026, the share price targets are projected at ₹1735 for the first target and ₹1865 for the second target. These figures suggest a steady growth pattern driven by strong demand and improved operational efficiencies within the company.
Q.3. What is the anticipated share price target for Goodyear India in 2027?
Ans: In 2027, the share price is expected to reach ₹2050 as the first target and ₹2201 as the second target. These projections reflect increasing confidence in the company’s ability to maintain growth and capture market share in the automotive and tire sectors.
Q.4. What are the share price targets for Goodyear India in 2028?
Ans: For 2028, the share price targets are estimated at ₹2460 for the first target and ₹2597 for the second target. This expected growth is driven by the company’s focus on innovation and its ongoing efforts to strengthen its position in the tire manufacturing industry.
Q.5. What is the forecast for Goodyear India’s share price in 2029?
Ans: In 2029, the first target for Goodyear India’s share price is ₹2940, with the second target at ₹3065. These projections suggest continued growth, potentially driven by expanding market opportunities and the company’s strong brand in the automotive sector.
Q.6. What are the share price targets for Goodyear India in 2030?
Ans: For 2030, the share price targets for Goodyear India are ₹3417 for the first target and ₹3617 for the second target. These figures indicate strong long-term growth, reflecting the company’s potential to benefit from technological advancements and increased demand in the tire industry.
Q.7. What are the long-term share price targets for Goodyear India in 2035?
Ans: The long-term share price targets for 2035 are set at ₹5875 for the first target and ₹6275 for the second target. This significant growth suggests that Goodyear India could continue to see increased market penetration and profitability over the next decade.
Q.8. What is the share price target for Goodyear India in 2040?
Ans: By 2040, the share price is expected to reach ₹10610 for the first target and ₹11932 for the second target. These projections reflect the company’s potential to maintain its leadership in the tire industry and benefit from long-term global trends in the automotive and manufacturing sectors.
Q.9. Are these share price targets guaranteed?
Ans: The share price targets are estimates based on current market trends, the company’s performance, and anticipated industry developments. However, they are not guaranteed as share prices can be influenced by a variety of factors, including market fluctuations, economic conditions, and regulatory changes.
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