APOLLO TYRES LTD

Apollo Tyres Limited held its Q1 FY27 earnings conference call on August 7, 2026, where management reported a consolidated revenue growth of 12.8% year-on-year, reaching INR 74 billion. The EBITDA margin was 11.7%, down 150 basis points from the previous year, primarily due to raw material cost pressures. Domestic operations achieved a record revenue of INR 54.6 billion, reflecting a 15.6% year-on-year growth. Management noted strong demand across all segments, despite challenges from rising raw material costs, which increased by nearly 17% in Q1. In Europe, revenue grew by 0.5% year-on-year, with an EBITDA margin of 8.9%. Management highlighted ongoing strategic initiatives in R&D and sustainability, as well as a focus on digital transformation. The call concluded with management expressing confidence in sustaining growth despite macroeconomic challenges.

Management reported strong growth in domestic operations while acknowledging challenges from rising costs and geopolitical issues.