Financial Highlights – Apollo Tyres Ltd (NSE: APOLLOTYRE) – Q3FY26 Highlights

• Net profit jumps 39.6% YoY to ₹470.5 crore, driven by strong operating performance.
• Revenue rises 11.8% YoY to ₹7,743 crore, reflecting steady demand across segments.
• EBITDA up 25.3% YoY at ₹1,185 crore; EBITDA margin expands to 15.3% from 13.7%.
• Interim dividend declared at ₹3.50 per share; record date: February 10, 2026.
• Major capacity expansion announced at the Andhra Pradesh plant for PCR and TBR tyres.
• PCR capacity to rise by 3.7 million tyres/year; TBR capacity by ~1.3 million tyres/year by FY2029.
• Total investment of ~₹5,810 crore, to be funded via internal accruals and debt.
• Expansion aligned with anticipated growth in PCR and TBR demand over the short to medium term.

Apollo Tyres Ltd (NSE: APOLLOTYRE) was trading at ₹507.45 on 09 February 2026, up 0.64%, supported by steady operating performance and an improving broader price structure. Sentiment has also drawn support from optimism around the U.S.–India trade deal, which is expected to ease trade frictions and improve export visibility for Indian manufacturing-linked sectors. Expectations of resilient demand across passenger and commercial vehicle tyres, alongside stable margins, have reinforced confidence. Elevated volumes and sustained retail participation reflect a constructive tone toward the domestic auto ancillary and tyre space.

APOLLOTYRE Hits Record Revenue; U.S.–India Trade Deal Supports Growth View

Apollo Tyres Ltd delivered a strong Q3 FY26 performance, reporting a 39.6% YoY jump in net profit to ₹470.5 crore, while revenue rose 11.8% to ₹7,743 crore. EBITDA increased 25.3% with margin expanding to a healthy 15.3%, supported by record revenue and double-digit growth in India, aided by brand-led rural traction. The company also declared an interim dividend of ₹3.50 per share and announced a ₹5,810 crore capacity expansion at its Andhra Pradesh plant, reinforcing confidence in medium-term growth despite flat volumes in Europe with margin improvement.

Technical View: APOLLOTYRE: Price Stabilises Near 50-Day SMA as Momentum Stays Neutral

From a technical perspective, Apollo Tyres Ltd is trading near ₹507.45, holding close to its 50-day Simple Moving Average at ₹508.34, which is acting as an immediate resistance and pivot zone. Price action indicates stabilisation after a recent pullback, with the stock consolidating above the ₹500 psychological support—the 14-day RSI at 51.87 signals neutral momentum, reflecting balanced participation. Immediate support is placed at ₹490 and ₹460, while resistance is seen near ₹555 and ₹600. Overall, the structure points to consolidation with a mildly constructive bias.

Bottom Line: Apollo Tyres Up 36% in One Year — Can Q3 Momentum Sustain the Trend?

Apollo Tyres Ltd remains supported by strong Q3 earnings, margin expansion, and planned capacity additions. India-led demand and U.S.–India trade optimism aid the outlook, though near-term consolidation is possible after the one-year rally.

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