Goodyear India Limited
NSE: GOODYEAR · Tyres & Rubber Products
Snapshot
Unlock Goodyear India Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Goodyear India Limited manufactures and trades automotive tyres, including farm, commercial truck, and passenger radial tyres. The company also markets tubes and flaps, serving both original equipment manufacturers and the replacement market.
Business Model
The company generates revenue through the production and distribution of tyres under the Goodyear brand, leveraging a subsidiary relationship with Goodyear Orient Company. It operates through a mix of direct sales to automotive manufacturers and a broader retail network for replacement tyres.
- Incorporation Year:1922
Growth Outlook
Growth is primarily driven by the expansion of the Indian automotive sector and increasing demand for high-performance radial tyres. The company continues to focus on strengthening its presence in the farm and commercial vehicle segments.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact manufacturing costs and profit margins.
- Intense Market Competition. The Indian tyre industry is highly competitive, with both domestic and international players exerting pressure on pricing and market share.
- Cyclical Automotive Demand. The company's performance is closely linked to the cyclical nature of the automotive industry and overall economic growth in India.
- Regulatory and Environmental Standards. Stricter environmental regulations regarding tyre manufacturing and disposal could lead to increased compliance costs.
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Key Metrics
REVENUE
₹2,594 Cr
TTM · standalone
NET PROFIT
₹54 Cr
TTM · standalone
EPS
₹23.37
TTM · standalone
RETURN ON EQUITY
8.9%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
11.9%
TTM · standalone
P/E
29.7×
Q1 FY27 · standalone
EV/EBITDA
10.0x
Q1 FY27 · standalone
EBITDA MARGIN
5.4%
TTM · standalone
NET PROFIT MARGIN
0.8%
Q1 FY27 · standalone
DEBT TO EQUITY
0.0x
Q1 FY27 · standalone
Peers · Tyres & Rubber Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Goodyear India LimitedGOODYEAR | ₹1,637 Cr | 29.7× | 10.01 | 0.8% | 5.4% | 8.9% | 11.9% | -29.2% |
Ceat Ltd.CEATLTD | ₹13,883 Cr | 22.5× | 8.16 | 21.5% | 12.5% | 12.5% | 18.6% | -5.8% |
JK Tyre & Industries Ltd.JKTYRE | ₹10,244 Cr | 14.7× | 7.63 | 9.9% | 11.8% | 12.0% | 13.5% | -7.1% |
TVS Srichakra LimitedTVSSRICHAK | ₹3,561 Cr | 36.1× | 12.71 | 18.6% | 8.7% | 7.8% | 10.7% | +17.5% |
Megamont LimitedVRWODAR | ₹534 Cr | 328.3× | 492.35 | — | — | -101.2% | -49.1% | +362.2% |
Tolins TyresTOLINS | ₹362 Cr | 10.3× | 8.08 | 3.5% | 14.4% | 9.5% | 12.1% | -52.2% |
As of Q1 FY27
Financials
Goodyear India Limited
NSE: GOODYEAR · Tyres & Rubber Products
Snapshot
Unlock Goodyear India Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Goodyear India Limited manufactures and trades automotive tyres, including farm, commercial truck, and passenger radial tyres. The company also markets tubes and flaps, serving both original equipment manufacturers and the replacement market.
Business Model
The company generates revenue through the production and distribution of tyres under the Goodyear brand, leveraging a subsidiary relationship with Goodyear Orient Company. It operates through a mix of direct sales to automotive manufacturers and a broader retail network for replacement tyres.
- Incorporation Year:1922
Growth Outlook
Growth is primarily driven by the expansion of the Indian automotive sector and increasing demand for high-performance radial tyres. The company continues to focus on strengthening its presence in the farm and commercial vehicle segments.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact manufacturing costs and profit margins.
- Intense Market Competition. The Indian tyre industry is highly competitive, with both domestic and international players exerting pressure on pricing and market share.
- Cyclical Automotive Demand. The company's performance is closely linked to the cyclical nature of the automotive industry and overall economic growth in India.
- Regulatory and Environmental Standards. Stricter environmental regulations regarding tyre manufacturing and disposal could lead to increased compliance costs.
Start your research today
Unlock AI insights, financials, peers and live data on Goodyear India Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,594 Cr
TTM · standalone
NET PROFIT
₹54 Cr
TTM · standalone
EPS
₹23.37
TTM · standalone
RETURN ON EQUITY
8.9%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
11.9%
TTM · standalone
P/E
29.7x
Q1 FY27 · standalone
EV/EBITDA
10.0x
Q1 FY27 · standalone
EBITDA MARGIN
5.4%
TTM · standalone
NET PROFIT MARGIN
0.8%
Q1 FY27 · standalone
DEBT TO EQUITY
0.0x
Q1 FY27 · standalone
Peers · Tyres & Rubber Products
As of Q1 FY27