Apollo Tyres Ltd — earnings calls

Apollo Tyres reported Q1 FY27 consolidated revenue of INR 74 billion, up 12.8% year-on-year, with EBITDA margin at 11.7%, down about 150 basis points on raw material cost pressures. India operations delivered their highest ever quarterly revenue of INR 54.6 billion, up 15.6% year-on-year, largely volume-led, while Europe revenue grew 0.5% year-on-year to EUR 147 million with EBITDA margin at 8.9%. Management also announced CFO Gaurav Kumar's departure from the company after completing the Enschede transition project.

Apollo Tyres reported consolidated Q4 FY26 revenue growth of about 14% year-on-year with an EBITDA margin of 14.6%, while India operations posted high-teens volume growth in both replacement and OE segments. Europe revenue declined 1% year-on-year amid muted demand and the planned closure of the Enschede plant, which resulted in a EUR 43 million non-cash write-off. Management said raw material costs are expected to rise in the mid to high teens sequentially in Q1 FY27, prompting announced price increases of 6% to 8% in India and 2% in Europe.