Apollo Tyres Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- June 17, 2026
- Posted by: Neeraj Pandey
- Category: News
Apollo Tyres Rs 403.30 (5 Oct 2026). 52-week range Rs 365.30 to Rs 540.50. Q1 FY27 revenue Rs 7,398 cr, up 13%. P/E 15.1x.
Quick Answer
The Apollo Tyres share price target for 2026 is Rs 405 to Rs 450 in the Univest base case, with a bull case of Rs 560 to Rs 612 and a bear case of Rs 288 to Rs 312, against a latest price of Rs 403.30. Apollo Tyres reported Q1 FY27 revenue of Rs 7,397.79 crore, up 12.8 percent, and profit of Rs 348.87 crore, but EBITDA was flat at Rs 868 crore because raw material costs rose 17 percent. Management expects another 8 percent rise in raw material costs in Q2, the CFO has resigned, and the stock is down about 15 percent in a year at 15.1 times earnings. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario.
The Apollo Tyres share price target for 2026 is Rs 405 to Rs 450 in the Univest base case, with the stock at Rs 403.30 as of about 10:15 AM IST on 5 October 2026. That is 25.4 percent below its 52-week high of Rs 540.50 and 10.4 percent above its 52-week low of Rs 365.30, and the stock moved down 14.8 percent over the past year. Apollo Tyres is a tyre maker with operations in India, Europe and Asia Pacific, Middle East and Africa. India operations posted record quarterly revenue of Rs 5,462 crore in Q1 FY27.
Three things changed since the last update: Q1 FY27 results on 6 August showed flat EBITDA on higher raw material costs, the CFO resigned, and the stock slid from Rs 445 in early August to Rs 403. This Apollo Tyres stock analysis covers the Apollo Tyres share price today, the Apollo Tyres share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Apollo Tyres buy or sell view.
Click Here – Get Free Investment Predictions
What Is the Apollo Tyres Share Price Target for 2026?
The 2026 target for Apollo Tyres shares is Rs 405 to Rs 450 in the Univest base case, which is +0.4% to +11.6% against the latest price. The bull case is Rs 560 to Rs 612 and the bear case is Rs 288 to Rs 312. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Apollo Tyres Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 403.30 |
|---|---|---|---|---|
| Bull Case | Rs 35 | 16x to 17.5x | 560 to 612 | +38.9% to +51.7% |
| Base Case | Rs 30 | 13.5x to 15x | 405 to 450 | +0.4% to +11.6% |
| Bear Case | Rs 24 | 12x to 13x | 288 to 312 | -28.6% to -22.6% |
FY28 EPS of Rs 30 in the base case is above trailing EPS of Rs 26.90 and assumes raw material cost pressure eases after Q2 FY27. The bull case needs margin to return toward 13 percent, and the bear case assumes the Q2 cost increase of 8 percent is not recovered through prices. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. This is what sets the Apollo Tyres share price target range around the current price.
Apollo Tyres Company Overview and Share Price Today as of 5 October 2026
Apollo Tyres share price today is Rs 403.30 on the NSE at about 10:15 AM IST on 5 October 2026, and it changes through the session. The market capitalisation is Rs 25,750 crore, and the stock trades at 15.1 times earnings against an industry average of 19.3 times. The Univest base case Apollo Tyres share price target of Rs 405 to Rs 450 is +0.4% to +11.6% from here.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | APOLLOTYRE | BSE code 500877 |
| Sector | Tyres and auto components | Per Univest sector classification |
| Latest Price (NSE) | Rs 403.30 | 5 Oct 2026, 10:15 AM IST |
| 52-Week High | Rs 540.50 | CMP is 25.4% below |
| 52-Week Low | Rs 365.30 | CMP is 10.4% above |
| 1-Year Return | About -15% | Weekly close Rs 473.15 on 3 Oct 2025 to Rs 403.20 |
| Market Capitalisation | Rs 25,750 crore | Mid cap tyre maker |
| Trailing P/E | About 15.1x | Industry P/E about 19.3x |
| P/B Ratio | About 1.53x | Book value Rs 264.92 per share |
| EPS (TTM) | Rs 26.90 | Trailing twelve months |
| Return on Equity | About 12.4% | Debt to equity 0.22 |
| Dividend Yield | About 1.48% | Dividend paid yearly |
| 12-Month Target (Base Case) | Rs 405 to Rs 450 | Univest base case |
| Bull Case | Rs 560 to Rs 612 | +38.9% to +51.7% |
| Bear Case | Rs 288 to Rs 312 | -28.6% to -22.6% |
Track live price, fundamentals and results for Apollo Tyres on the Univest Screener.
How Did Apollo Tyres Perform in Q1 FY27?
Apollo Tyres reported Q1 FY27 consolidated revenue of Rs 7,397.79 crore, up 12.8 percent, and EBITDA of Rs 868 crore, flat year on year, at a margin of 11.7 percent against 13.2 percent. Net profit was Rs 348.87 crore, against Rs 12.88 crore a year earlier when a Rs 273 crore exceptional charge hit profit.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Revenue from Operations | Rs 7,397.79 crore | Up 12.8% year on year |
| EBITDA | Rs 868 crore | Flat; margin 11.7% against 13.2% |
| Net Profit | Rs 348.87 crore | Down 44.7% from Rs 630.97 crore in Q4 FY26 |
| India Revenue | Rs 5,462 crore | Record, up 15.6% |
| Europe EBITDA Margin | 8.9% | Against 10.8% a year ago |
| Raw Material Costs | Up 17% | Another 8% rise expected in Q2 |
The jump in profit comes from a low base, because the year-earlier quarter carried an asset restructuring charge. Standalone EBITDA margin fell to 12.0 percent from 13.6 percent, and the CFO, Gaurav Kumar, resigned. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every Apollo Tyres share price target in the scenario table above.
Why Is Apollo Tyres Share Price Down 15 Percent in a Year?
Apollo Tyres shares are down about 15 percent in a year because raw material costs rose 17 percent and compressed margin, and the stock fell from Rs 540.50 in the week of 10 November 2025 to a low of Rs 365.30 in the week of 18 May 2026.
The stock recovered to Rs 445 in August, then slid again after Q1 FY27 results showed flat EBITDA and management guided for another 8 percent cost rise in Q2. The CFO’s resignation added to the caution. The Apollo Tyres share price target scenarios below account for that move.
Key Catalysts for the Apollo Tyres Share Price Target in 2026
4 catalysts matter most for the stock, and sector tailwinds in Tyres and auto components are part of the case. Together they decide whether the Apollo Tyres share price target in the base case is reached.
1. Raw Material Cost Relief
Raw material costs rose 17 percent in Q1 FY27 and are expected to rise another 8 percent in Q2. Any easing would lift margin back toward the 13 percent of a year ago. This supports the Apollo Tyres share price target.
2. India Demand
India revenue hit a record Rs 5,462 crore, up 15.6 percent, on healthy OEM and replacement demand. Strong domestic volume supports the base case. It is a key input for the Apollo Tyres share price target.
3. Europe Margin Recovery
Europe EBITDA margin fell to 8.9 percent from 10.8 percent on cost push and transition overlap. Recovery toward 10 percent would add to profit. Watch it closely when tracking the Apollo Tyres share price target.
4. Valuation Below the Sector
The stock trades at 15.1 times earnings against an industry average of 19.3 times and 1.53 times book. A recovery in margin would narrow that gap. It feeds directly into the Apollo Tyres share price target.
What Are the Key Risks to the Apollo Tyres Share Price Target?
The main risks are input cost inflation, Europe margins, management change and weak pricing power. Each can pull the Apollo Tyres share price target lower.
Input Cost Inflation
Raw material costs rose 17 percent and are guided up another 8 percent in Q2. If prices do not follow, EBITDA margin could fall below 11 percent. It is a downside risk to the Apollo Tyres share price target.
Europe Margin
Europe EBITDA margin was 8.9 percent against 10.8 percent a year earlier. Further weakness in European demand would hit consolidated profit. This could pull the Apollo Tyres share price target lower.
Management Change
The CFO resigned in the quarter. A smooth hand-over matters for investor confidence. Investors should weigh it against the Apollo Tyres share price target.
Exceptional Items
Profit swings between quarters, such as Rs 630.97 crore in Q4 FY26 and Rs 348.87 crore in Q1 FY27. Reported profit can overstate or understate the underlying trend. It is the main swing factor for the bear case of the Apollo Tyres share price target.
Apollo Tyres Stock Analysis: Support and Resistance Levels
Apollo Tyres stock analysis on weekly charts shows a range of Rs 386 to Rs 452 since August, with the stock near the lower half.
The first support level is Rs 386 to Rs 400, the lows of the weeks of 28 September and 21 September. Below that, Rs 365.30 is the 52-week low, and a weekly close under Rs 386 would weaken the base.
The first resistance level is Rs 429 to Rs 430, the highs of the weeks of 14 and 28 September. Above that, Rs 443 to Rs 452 marks the August highs, and Rs 540.50 is the 52-week high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Apollo Tyres share price target.
Apollo Tyres Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Apollo Tyres Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 386 and Rs 430, from the late-September low to the early-September high. A close above Rs 430 would put Rs 452 in play, while a break under Rs 386 would put Rs 365 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term Apollo Tyres share price target.
12-Month and 2027 Apollo Tyres Share Price Target
The 12-month target price is Rs 405 to Rs 450, valued on 13.5 to 15 times FY28 EPS of Rs 30. The range across scenarios runs from Rs 288 in the bear case to Rs 612 in the bull case.
Long-Term Apollo Tyres Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 494 to Rs 660. This assumes EPS of Rs 38 in FY29 and Rs 44 in FY30 and a multiple of 13 to 15 times. It needs raw material costs to ease and margin to return to 13 percent. This is the long-term Apollo Tyres share price target in the Univest scenarios.
Bull Case and Bear Case for Apollo Tyres Share Price Target
Bull Case Rs 560 to Rs 612
The bull case of Rs 560 to Rs 612 for the Apollo Tyres share price target needs EPS of Rs 35 and the market to pay 16 to 17.5 times for it. It is +38.9% to +51.7% from the latest price.
Bear Case Rs 288 to Rs 312
The bear case of Rs 288 to Rs 312 for the Apollo Tyres share price target equals 12 to 13 times FY28 EPS of Rs 24 and sits just below the Rs 365 low. It is -28.6% to -22.6% from the latest price.
Is Apollo Tyres a Good Buy at Rs 403? Apollo Tyres Buy or Sell View
Whether Apollo Tyres is a buy at Rs 403.30 depends on horizon and risk appetite. The base case implies 0 to 12 percent from here, the stock trades at 15.1 times earnings against an industry average of 19.3 times, and the open question is raw material costs. The Apollo Tyres share price target range is the starting point for that decision.
Long-term holders may focus on India demand, margin recovery and the 1.48 percent dividend yield, and treat Rs 386 as the level to watch. Short-term traders may prefer to wait for the Q2 margin print. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Apollo Tyres buy or sell view is educational.
How to Invest in Apollo Tyres Shares
Step 1: Check the live price, valuation and the latest Apollo Tyres share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Apollo Tyres share price target.
Step 3: Search for APOLLOTYRE on the NSE or 500877 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 288 is bearable.
Step 5: Track raw material costs, Europe margin and Q2 FY27 results and set price alerts on the Univest App.
Conclusion
Apollo Tyres closed at Rs 403.30 against a Univest base case share price target of Rs 405 to Rs 450, a bull case of Rs 560 to Rs 612 and a bear case of Rs 288 to Rs 312. Q1 FY27 delivered 12.8 percent revenue growth and flat EBITDA of Rs 868 crore, with raw material costs up 17 percent. The main risks are input costs, Europe margin and management change.
The stock is 25.4 percent below its 52-week high, so the base case implies roughly 0 to 12 percent from here. The triggers to watch are raw material costs, the Q2 FY27 results and the Rs 386 and Rs 430 levels. Re-check the Apollo Tyres share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Apollo Tyres live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Apollo Tyres Share Price Target 2026
What is the Apollo Tyres share price target for 2026?
Ans. The Apollo Tyres share price target for 2026 is Rs 405 to Rs 450 in the Univest base case, with a bull case of Rs 560 to Rs 612 and a bear case of Rs 288 to Rs 312. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. These are estimates and can change after the Q2 FY27 results.
What is the Apollo Tyres share price target for 2027?
Ans. The Apollo Tyres share price target for 2027 is Rs 405 to Rs 450 in the base case, valued on 13.5 to 15 times FY28 EPS of Rs 30. The scenario range runs from Rs 288 to Rs 612.
Is Apollo Tyres a good buy at Rs 403.30?
Ans. Whether Apollo Tyres is a good buy at Rs 403.30 depends on your horizon and risk appetite. The stock trades at about 15 times earnings against an industry average near 19 times, but margin is under pressure from raw material costs. Consult a SEBI-registered advisor before investing.
What are the key risks to the Apollo Tyres share price target?
Ans. The key risks to the Apollo Tyres share price target are input cost inflation, europe margin, management change and exceptional items. Raw material costs rose 17 percent and are guided up another 8 percent in Q2. If prices do not follow, EBITDA margin could fall below 11 percent.
What are the key catalysts for the Apollo Tyres share price?
Ans. The key catalysts for the Apollo Tyres share price target are raw material cost relief, india demand, europe margin recovery and valuation below the sector. Raw material costs rose 17 percent in Q1 FY27 and are expected to rise another 8 percent in Q2. Any easing would lift margin back toward the 13 percent of a year ago.
Where can I track Apollo Tyres share price today and target updates?
Ans. You can track the live Apollo Tyres share price, results and any change to the Apollo Tyres share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Apollo Tyres’s 52-week high and low?
Ans. Apollo Tyres’s 52-week high is Rs 540.50 and its 52-week low is Rs 365.30, based on weekly NSE data. At Rs 403.30 the stock is 25.4 percent below the high and 10.4 percent above the low. Both levels frame the Apollo Tyres share price target.
How to buy Apollo Tyres shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for APOLLOTYRE on the NSE or 500877 on the BSE, and place a limit order near your entry price, using the Apollo Tyres share price target range as a guide. Size the position so a fall to Rs 288 is bearable, and check the live price on the Univest Screener first.
