Apollo Tyres Ltd (NSE:APOLLOTYRE)
₹ 509.65 -0.75 (-0.15%) Market Cap: 323.81 Bil Enterprise Value: 360.67 Bil PE Ratio: 22.39 PB Ratio: 2.27 GF Score: 88/100
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Q4 2021 Apollo Tyres Limited Earnings Call Transcript

May 13, 2021 / 09:30AM GMT
Release Date Price: ₹221.4
Operator

(technical difficulty)

Earnings call. First of all, best wishes for you and your family's health and safety. Last few months have been very difficult for all of us, and I would like to take this opportunity to thank all our stakeholders for their continued support.

In recent times, we have announced a slew of measures to support our employees, including tie-ups with leading hospitals, extending insurance coverage and financial assistance to families in case of any mishap, et cetera. We are closely monitoring the situation, and we remain extremely focused on ensuring well-being of all our employees, our dealers, our suppliers and all our stakeholders.

Moving on to business. The positive demand momentum continued in India in quarter 4, resulting in strongest quarter in terms of revenue. In Europe, we saw demand recovery in the fourth quarter. In both geographies, we gained market share in key product categories.

Coming to Q4 financial performance, I'm extremely pleased with a healthy operating performance in India and an extremely strong and steadily increasing

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