Goodyear India Ltd
GOODYEARGoodyear India Ltd
GOODYEAR


Price Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
46.02 | 3.64 | 4.46% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
35.49 | 6.35 | 0.79% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The company is engaged in the manufacturing and trading of tires, tubes and flaps. The Company supplies tires to a range of original equipment manufacturers (OEMs).
Peers
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,767.99 | 1,544.75 | 1,701.34 | 1,949.60 | 1,780.74 | 1,814.29 | 2,458.89 | 2,943.80 | 2,568.68 | 2,573.05 | ||||||||||
Raw Materials | 1,119.87 | 972.94 | 1,085.28 | 1,319.47 | 1,173.95 | 1,145.59 | 1,898.99 | 2,170.55 | 1,856.19 | 2,451.25 | ||||||||||
Power & Fuel Cost | 49.48 | 43.71 | 56.64 | 65.99 | 63.03 | 57.12 | 103.07 | 86.86 | 78.35 | |||||||||||
Employee Cost | 139.45 | 121.26 | 126.97 | 126.66 | 139.64 | 138.84 | 163.16 | 171.11 | 182.80 | |||||||||||
Selling & Administrative Expenses | 183.76 | 159.90 | 159.47 | 185.81 | 161.62 | 148.42 | 195.91 | 211.61 | 218.87 | |||||||||||
Operating & Other expenses | 41.42 | 14.23 | 34.66 | 49.50 | 71.59 | 84.98 | -97.48 | 80.43 | 44.91 | |||||||||||
EBITDA | 234.01 | 232.71 | 238.32 | 202.17 | 170.91 | 239.34 | 195.24 | 223.24 | 187.56 | 121.80 | ||||||||||
Depreciation/Amortization | 46.50 | 33.74 | 36.15 | 41.03 | 50.10 | 52.75 | 52.67 | 53.99 | 55.29 | 55.04 | ||||||||||
PBIT | 187.51 | 198.97 | 202.17 | 161.14 | 120.81 | 186.59 | 142.57 | 169.25 | 132.27 | 66.76 | ||||||||||
Interest & Other Items | 3.24 | 3.36 | 2.89 | 3.00 | 3.97 | 3.42 | 4.12 | 3.87 | 4.24 | 4.27 | ||||||||||
PBT | 184.27 | 195.61 | 199.28 | 158.14 | 116.84 | 183.17 | 138.45 | 165.38 | 128.03 | 62.49 | ||||||||||
Taxes & Other Items | 64.51 | 68.24 | 69.32 | 56.07 | 28.00 | 46.91 | 35.56 | 42.52 | 33.18 | 16.45 | ||||||||||
Net Income | 119.76 | 127.37 | 129.96 | 102.07 | 88.84 | 136.26 | 102.89 | 122.86 | 94.85 | 46.04 | ||||||||||
EPS | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 | 53.26 | 41.12 | 19.96 | ||||||||||
DPS | 12.00 | 12.50 | 13.00 | 13.00 | 13.00 | 178.00 | 100.00 | 26.50 | 41.00 | 41.00 | ||||||||||
Payout ratio | 0.23 | 0.23 | 0.23 | 0.29 | 0.34 | 3.01 | 2.24 | 0.50 | 1.00 | 2.05 |
Company Updates
Annual report
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PDFPeers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Goodyear India Ltd | 22.34 | 3.64 | 4.46% |
Balkrishna Industries Ltd | 34.57 | 5.75 | 0.61% |
MRF Ltd | 22.37 | 2.79 | 0.18% |
Apollo Tyres Ltd | 15.52 | 1.92 | 1.43% |
Price Comparison
Compare GOODYEAR with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Goodyear India Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 4.6909% | Percentage of the fund’s portfolio invested in the stock 0.32% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 77/90 (-4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.9321% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 178/227 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4478% | Percentage of the fund’s portfolio invested in the stock 0.17% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 101/122 (-9) |
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Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
GOODYEAR has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 4.46%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹44.64 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 23, 2024
Dividend/Share
₹15.00
Ex DateEx Date
Jul 23, 2024
Cash Dividend
Ex DateEx DateFeb 12, 2024
Dividend/Share
₹26.00
Ex DateEx Date
Feb 12, 2024
Cash Dividend
Ex DateEx DateJul 26, 2023
Dividend/Share
₹26.50
Ex DateEx Date
Jul 26, 2023
Cash Dividend
Ex DateEx DateJul 22, 2022
Dividend/Share
₹80.00
Ex DateEx Date
Jul 22, 2022
Cash Dividend
Ex DateEx DateJul 22, 2022
Dividend/Share
₹20.00
Ex DateEx Date
Jul 22, 2022
Net profit of Goodyear India declined 56.63% to Rs 9.48 crore in the quarter ended December 2024 as against Rs 21.86 crore during the previous quarter ended December 2023. Sales rose 6.82% to Rs 631.72 crore in the quarter ended December 2024 as against Rs 591.40 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales631.72591.40 7 OPM %3.776.73 - PBDT27.0443.96 -38 PBT13.2730.11 -56 NP9.4821.86 -57 Powered by Capital Market - Live
Goodyear India will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live
The Board of Goodyear India at its meeting held on 30 December 2024 has approves the appointment of Arvind Bhandari (DIN: 10864817) as an Additional Director with effect from 02 January 2025 and Managing Director (Key Management Personnel) of the Company with effect from 02 January 2025 for a period of five (5) year. The Board also approved the appointment of Arvind Bhandari (DIN: 10864817) as Chairman of the Board with effect from 02 January 2025.Powered by Capital Market - Live
The Board of Goodyear India at its meeting held on 30 December 2024 has taken note of resignation tendered by Santosh Kumar (DIN: 09687204) vide letter dated 21 December 2024, from the position of Whole Time Director (Key Managerial Personnel) of the Company with effect from close of business hours of 31 December 2024. Nonetheless, he will continue to work with Company as Vice President -Consumer Replacement PBU (Senior Management Personnel) of the Company. Powered by Capital Market - Live
The Board of Goodyear India at its meeting held on 11 November 2024 has approved the appointment of Varsha Chaudhary Jain (DIN: 08388940) as Chairperson of the Board with effect from 12 November 2024. The Board accepted the resignation tendered by Nitesh Kumar Jain, (DIN: 10615116) from the position of Chairman of the Board and Non-Executive Non Independent Director of the Company with effect from the close of business hours of 11 November 2024 due to pre-occupation and other personal commitments. Powered by Capital Market - Live
Net profit of Goodyear India declined 58.51% to Rs 15.74 crore in the quarter ended September 2024 as against Rs 37.94 crore during the previous quarter ended September 2023. Sales declined 1.14% to Rs 682.25 crore in the quarter ended September 2024 as against Rs 690.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales682.25690.12 -1 OPM %4.568.89 - PBDT35.0364.60 -46 PBT21.1550.71 -58 NP15.7437.94 -59 Powered by Capital Market - Live
Goodyear India will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live
Net profit of Goodyear India declined 36.25% to Rs 25.03 crore in the quarter ended June 2024 as against Rs 39.26 crore during the previous quarter ended June 2023. Sales declined 3.93% to Rs 691.38 crore in the quarter ended June 2024 as against Rs 719.66 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales691.38719.66 -4 OPM %6.418.90 - PBDT47.3166.61 -29 PBT33.4552.59 -36 NP25.0339.26 -36 Powered by Capital Market - Live
Goodyear India will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Goodyear India - A Good Bet On Rural Prosperity: HDFC Securities

Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 5.67%, vs industry avg of 8.67%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.97% to 2.57%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -1.46%, vs industry avg of 18.19%