Apollo Tyres’ Board of Directors has approved an interim dividend of ₹3.50 per equity share for FY26. The record date for determining shareholder entitlement is February 10, 2026. Additionally, the board greenlit a capacity expansion at the company’s Andhra Pradesh plant for Passenger Car Radial (PCR) and Truck Bus Radial (TBR) tyres, involving an investment of ₹5,810 crore, expected to complete by the end of FY29.
Interim Dividend Declared
The Board has declared an interim dividend of ₹3.50 per equity share (on the face value of Re. 1 per Equity Share) for the financial year 2026. The record date for determining the entitlement of shareholders for the dividend payment is February 10, 2026. Payment will be made within 30 days of the declaration.
Andhra Pradesh Plant Expansion
Apollo Tyres will expand its production capacity at its Andhra Pradesh plant. This expansion will cover both Passenger Car Radial (PCR) and Truck Bus Radial (TBR) tyres.
Expansion Details
The capacity expansion is projected to be completed by the end of FY29 and will be funded through a mix of internal accruals and debt. Key details of the expansion include:
- Investment: ₹5,810 crore
- PCR Capacity Addition: ~3.7 Mn Tyres per annum
- TBR Capacity Addition: ~1.3 Mn Tyres per annum
- Existing PCR Capacity: ~7.1 Mn Tyres per annum (including ongoing additions) with ~82% utilization
- Existing TBR Capacity: ~1.6 Mn Tyres per annum (including ongoing additions) with ~89% utilization
Financial Performance: Q3 FY26
The Board also reviewed the unaudited financial results for Q3 FY26, ended December 31, 2025. Key consolidated figures include:
- Revenue from Operations: ₹77,430.77 Million
- Total Income: ₹77,926.28 Million
- Profit for the period: ₹4,705.18 Million
- Total Comprehensive Income: ₹6,190.18 Million
Segment-wise revenue break-up for the quarter is:
- APMEA: ₹52,083.44 Million
- Europe: ₹26,368.94 Million
Additionally, earnings per share stood at ₹7.43.
Source: BSE
