Apollo Tyres Limited — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Apollo Tyres reported consolidated revenue growth of 3% YoY with a 13% EBITDA margin in Q4 FY25. India grew 8.4% driven by replacement volumes, while OE and exports declined. Europe’s revenue fell 4% with margin pressure and a €14 million impairment on the Netherlands plant closure. Capacity expansions in Hungary and Andhra Pradesh are underway. Management expects demand recovery and margin improvement in FY26, supported by new products and cost optimization. Supply chain restructuring is boosting volume growth in Q1 FY26, though working capital remains elevated.