Slide 1: Earnings Presentation | Q2 FY26
Earnings Presentation | Q2 FY26
Slide 2: 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 3: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q2 FY26 Financial Performance YTD FY26 Financial Performance Revenue EBITDA EBITDA Margins Revenue EBITDA EBITDA Margins INR 68,311 Mn INR 10,207 Mn 14.9% INR 133,918 Mn INR 18,885 Mn 14.1% Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y Y-o-Y +6.1% +16.3% +130 Bps +4.9% +5.7% +11 Bps
Slide 4: Performance Summary – YTD FY26
Performance Summary – YTD FY26 Revenue Revenue Mix Mix Consolidated Consolidated – – YTD YTD FY26 FY22 Consolidated Consolidated By Region Others, Revenue EBITDA 8% ~₹134 Bn ~₹19 Bn (14.1%) Europe1, Capacity Utilization 28% India Europe India, 81% 88% 64% Note: 1. Europe Includes operations of Reife
Slide 5: Operating Highlights – India
Operating Highlights – India Q2 FY26 Revenue (₹ Mn) • In Q2FY26, we registered the highest YoY growth over the last 10 quarters 47,149 44,617 • Encouraging demand recovery bolstered by GST rationalization and recovery in exports • Significant improvement in EBITDA margins (+321 bps YoY, 164 bps QoQ)
Slide 6: Operating Highlights – Europe
Operating Highlights – Europe1 Q2 FY26 Revenue (€ Mn) • We registered 4% growth in overall topline on a YoY basis 177 despite economic and geopolitical uncertainty 171 • Continuing with our premiumization journey, UHP mix for the quarter stood at 49%, compared to 46% for the same quarter last year •
Slide 7: Consolidated Cash Flow & Balance Sheet Highlights
Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) 7 Key Highlights 5 • Continued discipline on Capex and FCF keeping leverage at very low levels FY25 YTD FY26 Free Cash flow (₹ Bn) 3 3 FY25 YTD FY26 Net Debt (₹ Bn) 2.0 30 25 26 1.0 0.8 0.8 10 0.0 Mar '25 Sep '25 Net Debt (₹Bn) Net Debt
Slide 8: Financial Statements
Financial Statements
Slide 9: Profit & Loss (Quarterly) – Consolidated
Profit & Loss (Quarterly) – Consolidated Particula₹ (₹ Mn) Q2 FY26 Q2 FY25 Q1 FY26 % Change - YoY % Change - QoQ Revenues 68,311 64,370 65,608 6.1% 4.1% Raw Material 37,356 35,565 36,684 Staff Cost 8,786 7,697 8,696 Other Costs 11,962 12,330 11,550 EBITDA 10,207 8,779 8,677 16.3% 17.6% EBITDA Margin
Slide 10: Profit & Loss (YTD) – Consolidated
Profit & Loss (YTD) – Consolidated Particula₹ (₹ Mn) YTD FY26 YTD FY25 % Change - YoY Revenues 1,33,918 1,27,719 4.9% Raw Material 74,040 70,081 Staff Cost 17,481 15,665 Other Costs 23,513 24,101 EBITDA 18,885 17,871 5.7% EBITDA Margin (%) 14.1% 14.0% Depreciation 7,610 7,454 Other Income 486 525 EB
Slide 11: Profit & Loss (Quarterly) – Standalone
Profit & Loss (Quarterly) – Standalone Particula₹ (₹ Mn) Q2 FY26 Q2 FY25 Q1 FY26 % Change - YoY % Change - QoQ Revenues 47,149 44,617 47,254 5.7% -0.2% Raw Material 29,212 28,345 29,925 Staff Cost 3,237 2,773 3,241 Other Costs 7,495 8,111 7,640 EBITDA 7,206 5,389 6,447 33.7% 11.8% EBITDA Margin (%)
Slide 12: Profit & Loss (YTD) – Standalone
Profit & Loss (YTD) – Standalone Particula₹ (₹ Mn) YTD FY26 YTD FY25 % Change - YoY Revenues 94,403 90,533 4.3% Raw Material 59,137 56,788 Staff Cost 6,478 5,775 Other Costs 15,134 16,250 EBITDA 13,653 11,720 16.5% EBITDA Margin (%) 14.5% 12.9% Depreciation 4,684 4,618 Other Income 452 557 EBIT 9,42
Slide 13: Thank you
For further details please feel free to get in touch Ritu Kumar with the Investor Relations team. Group Head – Strategic Planning and Legal ritu.kumar@apollotyres.com Saloni Agarwal Lead – Investor Relations saloni.agarwal@apollotyres.com Thank you