Apollo Tyres Limited — Investor Meet, 18-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Apollo Tyres reported strong Q4 FY26 results: Consolidated revenue up 14%+ to ₹7,340 Cr, with an EBITDA margin of 14.6%. India operations grew 14.3% to ₹5,240 Cr, achieving a 14.6% EBITDA margin. Europe posted EUR 170 million revenue, also with a 14.6% EBITDA margin. Net Debt to EBITDA significantly improved to 0.4x.

Management anticipates strong Q1 demand, but raw material costs are expected to rise mid-to-high teens sequentially. Price hikes (6-8% in India, 2% in Europe) have been implemented, with more expected. FY27 CapEx is set at ₹3,500 Cr, primarily for capacity expansion. The Enschede plant closure is projected to boost Europe's H2 FY27 margins. Outlook remains confident, leveraging strong demand and financial resilience against near-term cost pressures.