MarketFriction

Goodyear India Ltd

NSE GOODYEAR · BSE 500168 · Tyres & Rubber Products
₹694.30 -1.26%
NSE close2026-10-01
52 week range697.55 - 876.00
Market cap₹1,627 Cr.
P/E26.5
Price band 20% Delivery 78.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales690.12591.40550.53691.38682.25631.72602.70656.22596.46606.91616.28774.35
Expenses628.79551.59545.15647.05651.16607.89585.36627.99569.61562.80574.79764.32
Operating Profit61.3339.815.3844.3331.0923.8317.3428.2326.8544.1141.4910.03
OPM %8.89%6.73%0.98%6.41%4.56%3.77%2.88%4.30%4.50%7.27%6.73%1.30%
Other Income4.415.183.683.934.854.714.034.674.542.67-14.9414.00
Interest1.141.030.910.950.911.501.321.261.301.201.402.65
Depreciation13.8913.8513.5313.8613.8813.7713.2412.6812.5712.2311.8212.68
Profit before tax50.7130.11-5.3833.4521.1513.276.8118.9617.5233.3513.338.70
Tax %25.18%27.40%-21.75%25.17%25.58%28.56%28.49%25.58%25.40%26.15%27.31%25.17%
Net Profit37.9421.86-4.2125.0315.749.484.8714.1113.0724.639.696.51
EPS in Rs16.459.48-1.8310.856.824.112.116.125.6710.684.202.82
Mar 2016 15mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,7301,5121,6651,9121,7461,7922,4362,9282,5522,6082,4762,594
Expenses1,5341,3121,4631,7471,6101,5752,2642,7212,3812,4912,3352,472
Operating Profit196200202164136217172207171117141122
OPM %11%13%12%9%8%12%7%7%7%4.5%6%4.7%
Other Income38333738352323161718-36
Interest333343444557
Depreciation463436415053535455554949
Profit before tax184196199158117183138165128758373
Tax %35%35%35%35%24%26%26%26%26%26%26%
Net Profit1201271301028913610312395556254
EPS in Rs51.9255.2256.3444.2538.5159.0744.6153.2641.1223.9026.6623.37
Dividend Payout %23%23%23%29%34%301%224%50%100%100%99%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth4%7%-5%1%
Compounded Profit Growth-4%-11%-15%39%
Stock Price CAGR0%-8%-18%-28%
Return on Equity14%14%13%13%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital232323232323232323232323
Reserves474591684779844893816692583558580583
Borrowings000001514171072927
Other Liabilities395310382495463376537634646591612620
Total Liabilities8929241,0901,2981,3311,3071,3911,3651,2611,1791,2441,254
Fixed Assets240221227246251316312317357364367342
CWIP172931265015163361443630
Investments000000000000
Other Assets6356748311,0251,0299761,0631,015843771840882
Total Assets8929241,0901,2981,3311,3071,3911,3651,2611,1791,2441,254
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity999168182576529489112135131112
Cash from Investing Activity116-133-12-22-36-9687-5091-34-17-6
Cash from Financing Activity-27-31-37-37-39-45-223-236-241-130-43-65
Net Cash Flow188-155120123-18-76158-197-38-297141
Free Cash Flow51-34129132-1642501618010799
CFO/OP100%41%120%128%67%75%159%75%75%102%128%99%
Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days263438464646553840384042
Inventory Days414265574646416348605454
Days Payable8265101128948212610180858896
Cash Conversion Cycle-15102-25-210-29-18146-0
Working Capital Days-258-0-1109-18-61421
ROCE %34%34%30%27%19%13%21%18%25%22%13%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%
FIIs0.74%0.73%0.75%0.74%0.73%0.70%0.59%0.59%0.41%0.34%0.27%0.27%
DIIs8.06%8.06%8.05%8.05%8.05%8.15%8.08%8.06%8.03%8.01%8.01%7.78%
Public17.20%17.21%17.21%17.21%17.22%17.16%17.32%17.35%17.56%17.65%17.73%17.95%
No. of Shareholders45,17445,00145,04945,15044,11844,02844,05043,90243,02341,94941,68842,060

Fundamentals

Market Cap₹ 1,627 Cr.
Current Price₹ 703
Stock P/E26.5
Book Value₹ 263
ROCE17.4 %
ROE12.6 %
Dividend Yield3.77 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)39%
Standalone figures.
Valuation
Market capRs 1,602 Cr
Enterprise valueRs 1,393 Cr
P/E (TTM)29.71x
Price to book2.64x
Price to sales0.62x
EV / EBITDA10.82x
EV / EBIT17.53x
EV / sales0.54x
Price to cash flow14.26x
Earnings yield3.37%
Dividend yield3.82%
P/E, 3-year average28.59x
P/B, 3-year average3.34x
P/E, 5-year average25.14x
P/B, 5-year average3.39x
Profitability
Operating margin (excl. other income)5.68%
Operating margin (incl. other income)5.56%
EBITDA margin4.96%
Pre-tax margin2.81%
Net profit margin2.08%
Net margin, latest quarter0.84%
ROE10.17%
ROCE13.96%
ROA4.93%
ROE, 3-year average11.82%
ROCE, 3-year average16.31%
ROA, 3-year average5.75%
ROE, 5-year average13.46%
ROCE, 5-year average18.41%
ROA, 5-year average6.81%
ROIC (approx.)14.78%
Tax rate26.05%
Other income / net worth-0.51%
Growth
Sales growth (latest year)-5.07%
Profit growth (latest year)11.57%
Sales CAGR, 3 years-5.43%
Sales CAGR, 5 years6.68%
Profit CAGR, 3 years-20.60%
Profit CAGR, 5 years-14.71%
Sales growth QoQ25.65%
Profit growth QoQ-32.82%
Sales growth YoY (latest quarter)18.00%
Profit growth YoY (latest quarter)-53.86%
Per share
EPS (TTM)Rs 23.37
EPS (latest year)Rs 26.66
EPS (latest quarter)Rs 2.82
EPS, 3-year averageRs 30.56
EPS, 5-year averageRs 37.91
Book value per shareRs 262.80
Sales per shareRs 1,124.57
Cash flow per shareRs 48.68
Free cash flow per shareRs 42.92
Dividend per share (latest year)Rs 26.51
Dividend per share, 3-year averageRs 30.47
Dividend per share, 5-year averageRs 43.59
Dividends
Dividend payout99.41%
Dividend payout, 3-year average99.73%
Dividend payout, 5-year average114.63%
Efficiency
Asset turnover1.98x
Fixed asset turnover7.24x
Inventory turnover7.19x
Inventory days51 days
Debtor days42 days
Debtors turnover8.71x
Creditor days96 days
Cash conversion cycle-0 days
Working capital days1 days
Leverage
Total debtRs 27 Cr
Cash and bankRs 236 Cr
Net debtRs -209 Cr
Debt to equity0.04x
Net debt / EBITDA-1.62x
Interest coverage12.13x
Owners' fund to total sources48.36%
Debt to assets2.15%
Cash flow
Cash from Operating Activity (latest year)Rs 112 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -65 Cr
Net Cash Flow (latest year)Rs 41 Cr
Free cash flow (latest year)Rs 99 Cr
FCFE (approx.: FCF + change in debt)Rs 97 Cr
Cash from ops / profit, 5 years1.32x
Sales to cash flow22.05x
Statement figures
Net sales (TTM)Rs 2,594 Cr
Net sales (latest year)Rs 2,476 Cr
Sales (latest quarter)Rs 774 Cr
Operating profit excl. other income (latest year)Rs 141 Cr
Operating profit (latest quarter)Rs 10 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 129 Cr
PBDT (TTM)Rs 122 Cr
Profit before tax (TTM)Rs 73 Cr
Tax (latest year)Rs 22 Cr
Net profit (TTM)Rs 54 Cr
Net profit (latest year)Rs 62 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 49 Cr
Depreciation (latest quarter)Rs 13 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 1,841 Cr
Total expenditure (latest year)Rs 2,335 Cr
Total income (latest year)Rs 2,473 Cr
Share capitalRs 23 Cr
ReservesRs 583 Cr
Shareholders' fundsRs 606 Cr
Total assetsRs 1,254 Cr
Net blockRs 342 Cr
Capital work in progressRs 30 Cr
ReceivablesRs 284 Cr
InventoryRs 256 Cr
Other liabilitiesRs 620 Cr
Shares outstanding (crore)2.31
Ownership
Promoter holding74.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 29.7 is at the 94th percentile of its own 7.0-year range (median 21.3, low 13.8, high 31.8).
P/B 2.64 is at the 37th percentile (median 2.73).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGOODYEARNifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month-5.7%-6.8% +1.1 pts
3 months-13.0%-7.6% -5.3 pts
6 months-46.4%+0.4% -46.8 pts
1 year-35.0%-9.9% -25.1 pts
2 years-23.6%-13.6% -10.1 pts
3 years-46.4%+14.2% -60.6 pts
5 years-33.1%+27.9% -61.0 pts
6 mutual fund schemes hold about ₹112 Cr. Over three months 4 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund0.22%93 +9%
HDFC Equity Savings Fund0.13%7 +11%
HDFC Retirement Fund-Hybrid-Equity Plan0.36%6 +10%
HDFC Conservative Hybrid Fund(Q0.15%5 +16%
HDFC Retirement Fund-Hybrid-Debt Plan0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹774 Cr +18.0% vs Jun 2025. Net profit ₹7 Cr -53.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-05Dividend - Rs 26.50 Per Share
2023-07-26Annual General Meeting/Dividend - Rs 26.50 Per Share
2022-07-22Dividend - Rs 20 Per Share/Special Dividend- Rs 80 Per Share
2021-08-04 Annual General Meeting/Dividend - Rs 18 Per Share Special Dividend Rs 80 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Goodyear India Ltd?

Goodyear India Ltd (GOODYEAR) has a market capitalisation of Rs 1,627 Cr. at the 2026-10-01 close.

What is the P/E ratio of Goodyear India Ltd?

Goodyear India Ltd trades at a P/E of 26.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Goodyear India Ltd's latest quarterly results?

In the Jun 2026 quarter, Goodyear India Ltd sales was Rs 774 Cr (+18.0% vs Jun 2025) and net profit was Rs 7 Cr.

What is the 52-week high and low of Goodyear India Ltd?

The 52-week high is Rs 876.00 and the 52-week low is Rs 697.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03