Apollo Tyres Limited. · NSE:APOLLOTYRE
Apollo Tyres — Q3 FY25 Earnings Presentation
14 slides from Apollo Tyres's earnings presentation, Feb 7, 2025
Slide 1: Exchange filing cover letter for Investor Presentation Q3 FY25
ATL/ SEC/21 February 7, 2025 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400001. Mumbai - 400 051 Sub: Investor Presentation-Q3 FY25 Dear Sirs, Pursuant to Regulation
Slide 2: Earnings Presentation | Q3 FY25
Earnings Presentation | Q3 FY25
Slide 3: Disclaimer
Disclaimer These materials have been prepared by Apollo Tyres Limited together with its subsidiaries (the “Company”), are for informational purposes only and do not constitute a prospectus or an offer document, or form part of an offer, solicitation or invitation of any offer to purchase or subscrib
Slide 4: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q3 FY25 Financial Performance YTD FY25 Financial Performance Revenue EBITDA EBITDA Margins Revenue EBITDA EBITDA Margins INR 69,280 Mn INR 9,470 Mn 13.7% INR 196,998 Mn INR 27,342 Mn 13.9% Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y +5.0% -21.6% -465 Bps +3.0% -20.0% -401 Bps
Slide 5: Performance Summary – YTD FY25
Performance Summary – YTD FY25 Revenue Revenue Mix Consolidated – Mix Consolidated – YTD YTD FY25 FY22 Consolidated Consolidated By Region Others, Revenue EBITDA 3% ~₹197 Bn ~₹27.3 Bn (13.9%) Europe1, 30% Capacity Utilization India Europe APMEA, 79% 76% 67% Note: 1. Europe Includes operations of Rei
Slide 6: Operating Highlights – India
Operating Highlights – India Q3 FY25 Revenue (₹ Mn) 45,398 • Registered good YoY growth in replacement segment 43,319 +4.8% revenues for key categories – TBR, PCR and Farm. • We gained market share in the PCR replacement segment and registered c. 45% growth (YoY) in the Vredestein volumes. • OEM seg
Slide 7: Operating Highlights – Europe
Operating Highlights – Europe1 Q3 FY25 Revenue (€ Mn) 181 • During the quarter, our volume growth in PCT segment 176 were lower than overall Industry growth. However, more importantly, we outgrew industry in the profitable segments – winter tyre segment and UHP segment. • Continuing with our premium
Slide 8: Consolidated Cash Flow & Balance Sheet Highlights
Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) 7 Key Highlights 3 • Net debt at the end of Dec’24 decreased by ₹ 4.5 Bn, compared to Sep’24. The decrease in net debt was primarily on account of lower short-term borrowings. We had observed an increase in working capital in last quarte
Slide 9: Financial Statements
Financial Statements
Slide 10: Profit & Loss (Quarterly) – Consolidated
Profit & Loss (Quarterly) – Consolidated Particulars (₹ Mn) Q3 FY25 Q3 FY24 Q2 FY25 % Change - YoY % Change - QoQ Revenues 69,280 65,954 64,370 5.0% 7.6% Raw Material 40,521 35,192 35,565 Staff Cost 7,971 7,669 7,697 Other Costs 11,318 11,012 12,330 EBITDA 9,470 12,081 8,779 -21.6% 7.9% EBITDA Margi
Slide 11: Profit & Loss (YTD) – Consolidated
Profit & Loss (YTD) – Consolidated Particulars (₹ Mn) YTD FY25 YTD FY24 % Change - YoY Revenues 1,96,998 1,91,195 3.0% Raw Material 1,10,602 1,03,607 Staff Cost 23,636 22,352 Other Costs 35,419 31,042 EBITDA 27,342 34,194 -20.0% EBITDA Margin (%) 13.9% 17.9% Depreciation 11,213 10,898 Other Income 6
Slide 12: Profit & Loss (Quarterly) – Standalone
Profit & Loss (Quarterly) – Standalone Particulars (₹ Mn) Q3 FY25 Q3 FY24 Q2 FY25 % Change - YoY % Change - QoQ Revenues 45,398 43,319 44,617 4.8% 1.7% Raw Material 30,254 25,620 28,345 Staff Cost 2,856 2,831 2,773 Other Costs 7,252 7,028 8,111 EBITDA 5,035 7,840 5,389 -35.8% -6.6% EBITDA Margin (%)
Slide 13: Profit & Loss (YTD) – Standalone
Profit & Loss (YTD) – Standalone Particulars (₹ Mn) YTD FY25 YTD FY24 % Change - YoY Revenues 1,35,931 1,31,519 3.4% Raw Material 87,042 78,824 Staff Cost 8,631 8,332 Other Costs 23,502 20,241 EBITDA 16,756 24,121 -30.5% EBITDA Margin (%) 12.3% 18.3% Depreciation 6,950 6,818 Other Income 772 742 EBI
Slide 14: Thank you
For further details please feel free to get in touch Himanshu Sharma with the Investor Relations team. Head – IR & MIS himanshu.sharma1@apollotyres.com Saloni Agarwal Manager – IR & MIS saloni.agarwal@apollotyres.com Thank you