Goodyear India Ltd
₹ 1,102
-1.05%
28 Mar
- close price
About
Goodyear India is engaged in the business of manufacturing and trading of tyres, tubes, and flaps
It is a leading player in the India farm tyre market[1]
Key Points
- Market Cap ₹ 2,543 Cr.
- Current Price ₹ 1,102
- High / Low ₹ 1,451 / 1,039
- Stock P/E 19.2
- Book Value ₹ 270
- Dividend Yield 2.40 %
- ROCE 25.1 %
- ROE 18.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 192%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,489 | 1,461 | 1,546 | 1,564 | 1,730 | 1,512 | 1,665 | 1,912 | 1,746 | 1,792 | 2,436 | 2,928 | 2,654 | |
1,381 | 1,370 | 1,407 | 1,408 | 1,534 | 1,312 | 1,463 | 1,747 | 1,610 | 1,575 | 2,264 | 2,721 | 2,432 | |
Operating Profit | 108 | 91 | 139 | 156 | 196 | 200 | 202 | 164 | 136 | 217 | 172 | 207 | 222 |
OPM % | 7% | 6% | 9% | 10% | 11% | 13% | 12% | 9% | 8% | 12% | 7% | 7% | 8% |
13 | 21 | 30 | 29 | 38 | 33 | 37 | 38 | 35 | 23 | 23 | 16 | 17 | |
Interest | 5 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 4 |
Depreciation | 20 | 24 | 25 | 29 | 46 | 34 | 36 | 41 | 50 | 53 | 53 | 54 | 56 |
Profit before tax | 96 | 85 | 142 | 154 | 184 | 196 | 199 | 158 | 117 | 183 | 138 | 165 | 179 |
Tax % | 33% | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | |
65 | 56 | 94 | 101 | 120 | 127 | 130 | 102 | 89 | 136 | 103 | 123 | 133 | |
EPS in Rs | 28.00 | 24.42 | 40.78 | 43.89 | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 | 53.26 | 57.52 |
Dividend Payout % | 25% | 29% | 22% | 23% | 23% | 23% | 23% | 29% | 34% | 301% | 224% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 19% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | -1% |
3 Years: | 11% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 3% |
3 Years: | 7% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 293 | 331 | 400 | 474 | 591 | 684 | 779 | 844 | 893 | 816 | 692 | 583 | 600 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 14 | 17 | 10 | 7 | |
382 | 388 | 436 | 395 | 310 | 382 | 495 | 463 | 376 | 537 | 634 | 646 | 672 | |
Total Liabilities | 699 | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,302 |
190 | 198 | 210 | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | 357 | 359 | |
CWIP | 20 | 17 | 32 | 17 | 29 | 31 | 26 | 50 | 15 | 16 | 33 | 61 | 55 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
489 | 527 | 617 | 635 | 674 | 831 | 1,025 | 1,029 | 976 | 1,063 | 1,015 | 843 | 889 | |
Total Assets | 699 | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,302 |
Cash Flows
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
84 | 26 | 131 | 99 | 9 | 168 | 182 | 57 | 65 | 294 | 89 | 112 | |
35 | -178 | -121 | 116 | -133 | -12 | -22 | -36 | -96 | 87 | -50 | 91 | |
-23 | -23 | -21 | -27 | -31 | -37 | -37 | -39 | -45 | -223 | -236 | -241 | |
Net Cash Flow | 96 | -174 | -11 | 188 | -155 | 120 | 123 | -18 | -76 | 158 | -197 | -38 |
Ratios
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 39 | 39 | 26 | 34 | 38 | 46 | 46 | 46 | 55 | 38 | 40 |
Inventory Days | 28 | 35 | 32 | 41 | 42 | 65 | 57 | 46 | 46 | 41 | 63 | 48 |
Days Payable | 83 | 87 | 94 | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 | 80 |
Cash Conversion Cycle | -23 | -14 | -23 | -15 | 10 | 2 | -25 | -2 | 10 | -29 | -1 | 8 |
Working Capital Days | -31 | -22 | -28 | -25 | 8 | -0 | -11 | 0 | 10 | -18 | -5 | 2 |
ROCE % | 35% | 26% | 37% | 34% | 34% | 30% | 27% | 19% | 13% | 21% | 18% | 25% |
Documents
Announcements
- Closure of Trading Window 2d
-
Reporting Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
23 Mar - Closure of the manufacturing operations at the Ballabhgarh plant from 08:00 a.m. March 26, 2024 till 08:00 a.m. March 31, 2024
-
Reporting Under Regulation 30 Of The SEBI(LODR) Regulations, 2015
23 Mar - In furtherance of the disclosure dated March 22, 2024 made by the Company for the order passed by the Income Tax Department dated March 20, …
- Reporting Under Regulation 30 Of The SEBI (LODR), Regulations 2015 22 Mar
- Reporting Under Regulation 30 Of The SEBI (LODR), Regulations, 2015 22 Mar
Annual reports
-
Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Portfolio
The Company manufactures and sells automotive tyres viz. farm tyres and commercial truck tyres, it also markets and sells passenger car tyres. Other products which the company markets and sells include tubes and flaps. [1]