Apollo Tyres’ Board of Directors has approved an interim dividend of ₹3.50 per equity share for FY26. The record date for dividend entitlement is February 10, 2026. Additionally, the board greenlit a capacity expansion project at the company’s Andhra Pradesh plant for Passenger Car Radial (PCR) and Truck Bus Radial (TBR) tyres, investing ₹5,810 crore, funded through internal accruals and debt.
Interim Dividend Declared
Apollo Tyres has announced an interim dividend of ₹3.50 per equity share, based on a face value of ₹1 per share, for the financial year 2026. Shareholders who are eligible will receive the dividend within 30 days of the declaration. The record date for determining shareholder entitlement is set for February 10, 2026.
Andhra Pradesh Plant Expansion
The company will undertake a capacity expansion at its Andhra Pradesh plant, focusing on both Passenger Car Radial (PCR) and Truck Bus Radial (TBR) tyres. This initiative involves an investment of approximately ₹5,810 crore and is expected to be completed by the end of fiscal year 2029. The project will be funded through a combination of internal accruals and debt.
Capacity Details
Current installed capacity includes 7.1 million PCR tyres per annum and 1.6 million TBR tyres per annum. Post expansion, an additional 3.7 million PCR tyres and 1.3 million TBR tyres will be produced annually. Current capacity utilization for PCR is at 82%, while TBR is at 89%.
Financial Performance – Q3 FY26
Apollo Tyres reported revenue from operations of ₹77,430.77 million for Q3 FY26, compared to ₹69,279.54 million during the same quarter last year. The company’s profit for the period stood at ₹4,705.18 million.
Segment-Wise Performance
The APMEA (Asia Pacific, Middle East, and Africa) region recorded revenue of ₹52,083.44 million, while the European operations contributed ₹26,368.94 million. Other segments accounted for revenue of ₹3,648.64 million for Q3 FY26. The company anticipates healthy growth in both, PCR & TBR category.
Source: BSE
