Apollo Tyres Q4 FY26 Revenue Up 14% to ₹7,340 Crore; EBITDA Margin at 14.6%
Apollo Tyres reported a 14% increase in Q4 FY26 consolidated revenue to ₹7,340 crore, with an EBITDA margin of 14.6%. Net debt to EBITDA ratio improved to 0.4 times. The company is transitioning to a 25% concessional tax regime from FY27. For FY27, Apollo Tyres has outlined a CapEx of ₹3,500 crore, allocating 80% towards growth and capacity expansion projects.
The financial results and future investment plans are significant for the company's growth, but the impact is moderated by external economic factors.
The announcement highlights strong financial performance, revenue growth, and improved profitability, reflecting a positive outlook for the company.
Apollo Tyres Limited announced its Q4 FY26 results, with consolidated revenue reaching ₹7,340 crore, a 14% increase compared to the same quarter last year. The consolidated EBITDA stood at ₹1,070 crore, with a margin of 14.6% compared to 13% in the previous year. For the full year, consolidated top-line growth was 9% Y-on-Y and EBITDA margin of nearly 14.6%. The company's net debt to EBITDA ratio improved significantly from 3.2 times to 0.4 times in March 2026. The company is transitioning to a concessional tax regime effective FY '27, reducing the applicable tax rate from 34% to 25%.
In India, Apollo Tyres experienced strong double-digit volume growth in both replacement and OE segments. Revenue for the quarter was ₹5,240 crore, a 14.3% growth. EBITDA for the quarter stood at ₹760 crore, a margin of 14.6% compared to 11.2% in the same period last year. In Europe, revenue for the quarter was EUR 170 million, down 1% Y-on-Y, with an EBITDA of EUR 25 million and an improved margin performance of 14.6%. The closure of the Enschede plant production remains on track, with a non-cash write-off of EUR 43 million taken on the fixed assets this quarter.
Neeraj Kanwar, Vice Chairman and Managing Director, mentioned that the company expects to sustain and accelerate top-line growth in India and Europe. The company is proactively preparing for emerging challenges and opportunities, and is confident that its strong fundamentals and strategic direction will support long-term value creation across its core markets. Gaurav Kumar, CFO, indicated that demand remains strong across categories and channels, with April already showing equally strong volume growth, and the company expects the same momentum to continue through Q1. For FY '27, a CapEx of ₹3,500 crore has been outlined, with nearly 80% towards growth and capacity expansion projects.
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Apollo Tyres Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Apollo Tyres Limited. Read the original for the full detail.