Apollo Tyres Financial Results and Dividend Announcement for FY26

Apollo Tyres has announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹2.50 per equity share (250%), bringing the total dividend for FY26 to ₹6.00 per share. The company reported strong financial performance, driven by significant growth in the APMEA segment, and announced strategic re-appointments and leadership changes to support future operational efficiency.

Financial Performance Highlights

For the financial year ended March 31, 2026, Apollo Tyres reported consolidated revenue from operations of ₹284,706 million, up from ₹261,234 million in the previous year. The consolidated net profit for the year stood at ₹13,724 million. The operating margin for the quarter ended March 31, 2026, reached 14.57%, reflecting the company’s focus on margin improvement and operational efficiency.

Dividend Payout

The Board of Directors has recommended a final dividend of ₹2.50 per equity share (on a face value of Re. 1 each) for FY26. Combined with the interim dividend of ₹3.50 per share already paid, the total dividend payout for the year amounts to ₹6.00 per equity share, or 600%. The final dividend is subject to approval by shareholders at the upcoming Annual General Meeting.

Strategic Developments

The Board has appointed M/s. BBS Associates as the Cost Auditor for the company for FY27. Furthermore, the company is seeking shareholder approval for the re-appointment of Ms. Lakshmi Puri as an Independent Director for a second 5-year term, effective from October 29, 2026. These changes reflect the company’s commitment to robust corporate governance.

Operational Insights

The company continues to optimize its global manufacturing footprint. Notably, the firm has undertaken a re-organization exercise and provided updates on the restructuring of its operations in the Netherlands. Additionally, the company has successfully adopted a new concessional tax regime, resulting in a reduction of its applicable tax rate to 25.17% from the previous 34.94%, which positively impacted the financial statements for the current year.

Segment Breakdown

The APMEA (Asia Pacific, Middle East, and Africa) segment remains a primary growth driver, contributing ₹202,062 million in revenue for the full year. Meanwhile, the Europe segment generated ₹88,558 million. The company remains focused on driving performance across these key geographical markets while maintaining strong asset coverage for its debt obligations.

Source: BSE

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