Goodyear India Ltd
₹ 1,170
-0.38%
28 Aug
- close price
About
Goodyear India is engaged in the business of manufacturing and trading of tyres, tubes, and flaps
It is a leading player in the India farm tyre market[1]
Key Points
- Market Cap ₹ 2,700 Cr.
- Current Price ₹ 1,170
- High / Low ₹ 1,440 / 1,091
- Stock P/E 33.5
- Book Value ₹ 252
- Dividend Yield 1.28 %
- ROCE 22.0 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 125%
Cons
- The company has delivered a poor sales growth of 5.94% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,461 | 1,546 | 1,564 | 1,730 | 1,512 | 1,665 | 1,912 | 1,746 | 1,792 | 2,436 | 2,928 | 2,552 | 2,523 | |
1,370 | 1,407 | 1,408 | 1,534 | 1,312 | 1,463 | 1,747 | 1,610 | 1,575 | 2,264 | 2,721 | 2,381 | 2,373 | |
Operating Profit | 91 | 139 | 156 | 196 | 200 | 202 | 164 | 136 | 217 | 172 | 207 | 171 | 151 |
OPM % | 6% | 9% | 10% | 11% | 13% | 12% | 9% | 8% | 12% | 7% | 7% | 7% | 6% |
21 | 30 | 29 | 38 | 33 | 37 | 38 | 35 | 23 | 23 | 16 | 17 | 17 | |
Interest | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 4 |
Depreciation | 24 | 25 | 29 | 46 | 34 | 36 | 41 | 50 | 53 | 53 | 54 | 55 | 55 |
Profit before tax | 85 | 142 | 154 | 184 | 196 | 199 | 158 | 117 | 183 | 138 | 165 | 128 | 109 |
Tax % | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 24% | 26% | 26% | 26% | 26% | |
56 | 94 | 101 | 120 | 127 | 130 | 102 | 89 | 136 | 103 | 123 | 95 | 81 | |
EPS in Rs | 24.42 | 40.78 | 43.89 | 51.92 | 55.22 | 56.34 | 44.25 | 38.51 | 59.07 | 44.61 | 53.26 | 41.12 | 34.95 |
Dividend Payout % | 29% | 22% | 23% | 23% | 23% | 23% | 29% | 34% | 301% | 224% | 50% | 100% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 13% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | -11% |
TTM: | -35% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 4% |
1 Year: | -13% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 14% |
3 Years: | 16% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 331 | 400 | 474 | 591 | 684 | 779 | 844 | 893 | 816 | 692 | 583 | 558 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 14 | 17 | 10 | 7 | |
388 | 436 | 395 | 310 | 382 | 495 | 463 | 376 | 537 | 634 | 646 | 591 | |
Total Liabilities | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 |
198 | 210 | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | 357 | 364 | |
CWIP | 17 | 32 | 17 | 29 | 31 | 26 | 50 | 15 | 16 | 33 | 61 | 44 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
527 | 617 | 635 | 674 | 831 | 1,025 | 1,029 | 976 | 1,063 | 1,015 | 843 | 771 | |
Total Assets | 742 | 859 | 892 | 924 | 1,090 | 1,298 | 1,331 | 1,307 | 1,391 | 1,365 | 1,261 | 1,179 |
Cash Flows
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 131 | 99 | 9 | 168 | 182 | 57 | 65 | 294 | 89 | 112 | 135 | |
-178 | -121 | 116 | -133 | -12 | -22 | -36 | -96 | 87 | -50 | 91 | -34 | |
-23 | -21 | -27 | -31 | -37 | -37 | -39 | -45 | -223 | -236 | -241 | -130 | |
Net Cash Flow | -174 | -11 | 188 | -155 | 120 | 123 | -18 | -76 | 158 | -197 | -38 | -29 |
Ratios
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 39 | 26 | 34 | 38 | 46 | 46 | 46 | 55 | 38 | 40 | 38 |
Inventory Days | 35 | 32 | 41 | 42 | 65 | 57 | 46 | 46 | 41 | 63 | 48 | 60 |
Days Payable | 87 | 94 | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 | 80 | 85 |
Cash Conversion Cycle | -14 | -23 | -15 | 10 | 2 | -25 | -2 | 10 | -29 | -1 | 8 | 14 |
Working Capital Days | -22 | -28 | -25 | 8 | -0 | -11 | 0 | 10 | -18 | -5 | 2 | 5 |
ROCE % | 26% | 37% | 34% | 34% | 30% | 27% | 19% | 13% | 21% | 18% | 25% | 22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Aug
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Of Publication of Financial Results for the quarter ended June 30, 2024
- Intimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015 14 Aug
- Announcement under Regulation 30 (LODR)-Change in Management 14 Aug
-
Announcement under Regulation 30 (LODR)-Change in Directorate
14 Aug - Appointment of Mr. Gajender Singh (DIN: 10681092) as an Additional Director and Whole Time Director (Key Managerial Personnel) of the Company with effect from September …
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Portfolio
The Company manufactures and sells automotive tyres viz. farm tyres and commercial truck tyres, it also markets and sells passenger car tyres. Other products which the company markets and sells include tubes and flaps. [1]