Goodyear India Ltd
₹ 1,029
-0.05%
28 Jun
- 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 ₹ 2,374 Cr.
- Current Price ₹ 1,029
- High / Low ₹ 1,332 / 783
- Stock P/E 23.1
- Book Value ₹ 310
- Dividend Yield 1.94 %
- ROCE 18.0 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 186.45%
Cons
- The company has delivered a poor sales growth of 10.01% over past five years.
- Company has a low return on equity of 12.88% for last 3 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 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,272 | 1,489 | 1,461 | 1,546 | 1,564 | 1,730 | 1,512 | 1,665 | 1,912 | 1,746 | 1,792 | 2,436 | |
1,159 | 1,381 | 1,370 | 1,407 | 1,408 | 1,534 | 1,312 | 1,463 | 1,747 | 1,610 | 1,575 | 2,264 | |
Operating Profit | 113 | 108 | 91 | 139 | 156 | 196 | 200 | 202 | 164 | 136 | 217 | 172 |
OPM % | 9% | 7% | 6% | 9% | 10% | 11% | 13% | 12% | 9% | 8% | 12% | 7% |
17 | 13 | 21 | 30 | 29 | 38 | 33 | 37 | 38 | 35 | 23 | 23 | |
Interest | 4 | 5 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 |
Depreciation | 15 | 20 | 24 | 25 | 29 | 46 | 34 | 36 | 41 | 50 | 53 | 53 |
Profit before tax | 111 | 96 | 85 | 142 | 154 | 184 | 196 | 199 | 158 | 117 | 183 | 138 |
Tax % | 33% | 33% | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 24% | 26% | 26% |
Net Profit | 75 | 65 | 56 | 94 | 101 | 120 | 127 | 130 | 102 | 89 | 136 | 103 |
EPS in Rs | 32.43 | 28.00 | 24.42 | 40.78 | 43.89 | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 |
Dividend Payout % | 22% | 25% | 29% | 22% | 23% | 23% | 23% | 23% | 29% | 34% | 301% | 224% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 10% |
3 Years: | 8% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | -4% |
3 Years: | 0% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 3% |
3 Years: | 2% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | |
Reserves | 248 | 293 | 331 | 400 | 474 | 591 | 684 | 779 | 844 | 893 | 816 | 692 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 14 | 17 | |
322 | 382 | 388 | 436 | 395 | 310 | 382 | 495 | 463 | 376 | 537 | 634 | |
Total Liabilities | 593 | 699 | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 |
139 | 190 | 198 | 210 | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | |
CWIP | 59 | 20 | 17 | 32 | 17 | 29 | 31 | 26 | 50 | 15 | 16 | 33 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
395 | 489 | 527 | 617 | 635 | 674 | 831 | 1,025 | 1,029 | 976 | 1,063 | 1,015 | |
Total Assets | 593 | 699 | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 |
Cash Flows
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
146 | 84 | 26 | 131 | 99 | 9 | 168 | 182 | 57 | 65 | 294 | 89 | |
-65 | 35 | -178 | -121 | 116 | -133 | -12 | -22 | -36 | -96 | 87 | -50 | |
-21 | -23 | -23 | -21 | -27 | -31 | -37 | -37 | -39 | -45 | -223 | -236 | |
Net Cash Flow | 59 | 96 | -174 | -11 | 188 | -155 | 120 | 123 | -18 | -76 | 158 | -197 |
Ratios
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 28 | 32 | 39 | 39 | 26 | 34 | 38 | 46 | 46 | 46 | 55 | 38 |
Inventory Days | 24 | 28 | 35 | 32 | 41 | 42 | 65 | 57 | 46 | 46 | 41 | 63 |
Days Payable | 70 | 83 | 87 | 94 | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 |
Cash Conversion Cycle | -18 | -23 | -14 | -23 | -15 | 10 | 2 | -25 | -2 | 10 | -29 | -1 |
Working Capital Days | -39 | -31 | -22 | -28 | -25 | 8 | -0 | -11 | 0 | 10 | -18 | -5 |
ROCE % | 47% | 35% | 26% | 37% | 34% | 34% | 30% | 27% | 19% | 13% | 21% | 18% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 May
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 27 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Copy of Financial Results for the quarter and Financial Year ended March 31, 2022, approved by the Board at its meeting held on Thursday, May …
Product
It manufactures farm tyres, commercial truck tyres, tubes, and flaps. It trades in “Goodyear'' passenger car tyres (Radial) for Consumer business. It also serves in Passenger Vehicle Segment [1]
In FY20, its consumer replacement business delivered an above industry performance [1]