Goodyear India Ltd
₹ 976
1.52%
02 Jul
- 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 ₹ 2,250 Cr.
- Current Price ₹ 976
- High / Low ₹ 1,260 / 806
- Stock P/E 40.8
- Book Value ₹ 261
- Dividend Yield 2.45 %
- ROCE 13.0 %
- ROE 9.31 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 83.2%
Cons
- The company has delivered a poor sales growth of 8.36% over past five years.
* 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 2013 | Dec 2014 | Mar 2016 15m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,546 | 1,564 | 1,730 | 1,512 | 1,665 | 1,912 | 1,746 | 1,792 | 2,436 | 2,928 | 2,552 | 2,608 | |
1,407 | 1,408 | 1,534 | 1,312 | 1,463 | 1,747 | 1,610 | 1,575 | 2,264 | 2,721 | 2,381 | 2,491 | |
Operating Profit | 139 | 156 | 196 | 200 | 202 | 164 | 136 | 217 | 172 | 207 | 171 | 117 |
OPM % | 9% | 10% | 11% | 13% | 12% | 9% | 8% | 12% | 7% | 7% | 7% | 4% |
30 | 29 | 38 | 33 | 37 | 38 | 35 | 23 | 23 | 16 | 17 | 18 | |
Interest | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 5 |
Depreciation | 25 | 29 | 46 | 34 | 36 | 41 | 50 | 53 | 53 | 54 | 55 | 55 |
Profit before tax | 142 | 154 | 184 | 196 | 199 | 158 | 117 | 183 | 138 | 165 | 128 | 75 |
Tax % | 34% | 34% | 35% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | 26% | 26% |
94 | 101 | 120 | 127 | 130 | 102 | 89 | 136 | 103 | 123 | 95 | 55 | |
EPS in Rs | 40.78 | 43.89 | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 | 53.26 | 41.12 | 23.90 |
Dividend Payout % | 22% | 23% | 23% | 23% | 23% | 29% | 34% | 301% | 224% | 50% | 100% | 100% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 8% |
3 Years: | 2% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | -9% |
3 Years: | -19% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | -2% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 400 | 474 | 591 | 684 | 779 | 844 | 893 | 816 | 692 | 583 | 558 | 580 |
0 | 0 | 0 | 0 | 0 | 0 | 15 | 14 | 17 | 10 | 7 | 29 | |
436 | 395 | 310 | 382 | 495 | 463 | 376 | 537 | 634 | 646 | 591 | 612 | |
Total Liabilities | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 | 1,244 |
210 | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | 357 | 364 | 367 | |
CWIP | 32 | 17 | 29 | 31 | 26 | 50 | 15 | 16 | 33 | 61 | 44 | 36 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
617 | 635 | 674 | 831 | 1,025 | 1,029 | 976 | 1,063 | 1,015 | 843 | 771 | 840 | |
Total Assets | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 | 1,244 |
Cash Flows
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
131 | 99 | 9 | 168 | 182 | 57 | 65 | 294 | 89 | 112 | 135 | 131 | |
-121 | 116 | -133 | -12 | -22 | -36 | -96 | 87 | -50 | 91 | -34 | -17 | |
-21 | -27 | -31 | -37 | -37 | -39 | -45 | -223 | -236 | -241 | -130 | -43 | |
Net Cash Flow | -11 | 188 | -155 | 120 | 123 | -18 | -76 | 158 | -197 | -38 | -29 | 71 |
Ratios
Figures in Rs. Crores
Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 26 | 34 | 38 | 46 | 46 | 46 | 55 | 38 | 40 | 38 | 40 |
Inventory Days | 32 | 41 | 42 | 65 | 57 | 46 | 46 | 41 | 63 | 48 | 60 | 54 |
Days Payable | 94 | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 | 80 | 85 | 88 |
Cash Conversion Cycle | -23 | -15 | 10 | 2 | -25 | -2 | 10 | -29 | -1 | 8 | 14 | 6 |
Working Capital Days | -28 | -25 | 8 | -0 | -11 | 0 | 10 | -18 | -5 | 2 | 5 | 2 |
ROCE % | 37% | 34% | 34% | 30% | 27% | 19% | 13% | 21% | 18% | 25% | 22% | 13% |
Documents
Announcements
-
Business Responsibility and Sustainability Reporting (BRSR)
9h - Goodyear India files FY 2024-25 Business Responsibility and Sustainability Report as part of annual report.
- Reg. 34 (1) Annual Report. 9h
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement-Annual General Meeting held through Video Conferencing / Other Audio-Visual Means ("VC/OAVM")
-
Closure of Trading Window
24 Jun - Trading window closed from July 1, 2025, till 48 hours post Q1 financial results declaration.
-
Notice To Shareholders And Newspaper Advertisement For Transfer Of Shares Of The Company To Investor Education And Protection Fund Authority
12 Jun - Notice for transfer of unclaimed dividends and shares to IEPF Authority by Sept 11, 2025 deadline.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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 2018
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]