Goodyear India

Has Goodyear India declared dividend?

Goodyear India Ltd has declared a 150% dividend, amounting to ₹15 per share, with an ex-date of July 23, 2024. While the dividend yield is 1.62%, total returns have been mixed, showing negative performance in the short term but positive returns over the longer term.

Goodyear India Ltd has declared a 150% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Amount per share: 15<BR>- Ex-date: 23 Jul 24<BR><BR>Dividend Yield: 1.62%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -9.35%, with a dividend return of 0%, resulting in a total return of -9.35%.<BR><BR>Over the past year, the price return was -18.77%, the dividend return was 1.29%, leading to a total return of -17.48%.<BR><BR>In the last 2 years, the price return was -22.26%, the dividend return was 5.64%, culminating in a total return of -16.62%.<BR><BR>For the 3-year period, the price return was -7.82%, with a dividend return of 14.63%, resulting in a total return of 6.81%.<BR><BR>In the past 4 years, the price return was -4.71%, the dividend return was 15.34%, leading to a total return of 10.63%.<BR><BR>Over the last 5 years, the price return was 25.31%, with a dividend return of 33.28%, resulting in a total return of 58.59%.<BR><BR>Overall, while Goodyear India has declared a significant dividend, the total returns over various periods show a mixed performance, with negative returns in the shorter terms but positive returns over the longer term. The dividend yield indicates a modest return from dividends relative to the stock price.

Who are the peers of the Goodyear India?

Goodyear India's peers include MRF, Balkrishna Industries, Apollo Tyres, CEAT, JK Tyre & Industries, Tolins Tyres, Indag Rubber, Modi Rubber, and Dolfin Rubbers. In terms of management risk, growth, and capital structure, Goodyear India ranks average to good, with a 1-year return of -18.73%.

Peers: The peers of Goodyear India are MRF, Balkrishna Inds, Apollo Tyres, CEAT, JK Tyre & Indust, Tolins Tyres, Indag Rubber, Modi Rubber, and Dolfin Rubbers.<BR><BR>Quality Snapshot: Excellent management risk is observed at MRF and Balkrishna Inds, while Good management risk is found at Apollo Tyres, CEAT, JK Tyre & Indust, Goodyear India, and Dolfin Rubbers, and Average management risk is present at Tolins Tyres and Indag Rubber. Growth is Excellent at Apollo Tyres, Good at MRF, CEAT, and Tolins Tyres, Average at Balkrishna Inds, JK Tyre & Indust, and Indag Rubber, and Below Average at Goodyear India, Modi Rubber, and Dolfin Rubbers. Excellent capital structure is noted at MRF and Goodyear India, while Excellent capital structure is found at Balkrishna Inds, Good at Apollo Tyres, Tolins Tyres, and Indag Rubber, Average at CEAT, and Below Average at JK Tyre & Indust, Modi Rubber, and Dolfin Rubbers.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Modi Rubber at 36.90%, while Balkrishna Inds has the lowest at -19.77%. Goodyear India's 1-year return is -18.73%, which is higher than Balkrishna Inds but lower than Modi Rubber. Additionally, several peers, including JK Tyre & Indust, Balkrishna Inds, and Indag Rubber, have negative six-month returns.

Who are in the management team of Goodyear India?

As of March 2023, the management team of Goodyear India includes Sandeep Mahajan (Chairman & Managing Director), Manish Manakchand Mundra (Whole Time Director & CFO), and several independent directors, including Sudha Ravi and Rajiv Lochan Jain. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Goodyear India includes the following individuals:<BR><BR>1. Sudha Ravi - Independent Director<BR>2. Rajiv Lochan Jain - Independent Director<BR>3. Nicole Amanda Nuttall - Director<BR>4. Rajeev Kher - Independent Director<BR>5. Sandeep Mahajan - Chairman & Managing Director<BR>6. Manish Manakchand Mundra - Whole Time Director & CFO<BR>7. Anup Karnwal - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Goodyear India do?

Goodyear India Ltd manufactures tyres and rubber products for the automobile industry and reported net sales of ₹6,027 Cr and a net profit of ₹49 Cr for the quarter ending March 2025. The company operates in the Small Cap category with a market cap of ₹2,445 Cr.

Overview:<BR>Goodyear India Ltd manufactures tyres and rubber goods for the automobile industry and operates within the Small Cap category in the Tyres & Rubber Products industry.<BR><BR>History:<BR>Goodyear India Ltd was incorporated as 'Goodyear Tire and Rubber Company (India) Limited' and acquired its current name in 1961 when it became a public limited company. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 6,027 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 49 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 2,445 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 44.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 1.43% <BR>Debt Equity: -0.27 <BR>Return on Equity: 9.14% <BR>Price to Book: 4.02 <BR><BR>Contact Details:<BR>Address: Mathura Road, Ballabgarh Faridabad Haryana : 121004 <BR>Tel: 91-129-6611000 <BR>Email: goodyearindia_investorcell@goodyear <BR>Website: http://www.goodyear.co.in

Who are the top shareholders of the Goodyear India?

The top shareholders of Goodyear India are Goodyear Orient Company (Private) Limited, holding 74.0%, and HDFC Small Cap Fund, the largest public shareholder with 6.75%. Individual investors own about 13.08%, while foreign institutional investors hold approximately 0.59%.

The top shareholders of Goodyear India include Goodyear Orient Company (Private) Limited, which holds a significant 74.0% of the shares, making it the largest promoter. Additionally, HDFC Small Cap Fund is the highest public shareholder with a holding of 6.75%. The company also has individual investors holding approximately 13.08% of the shares, while foreign institutional investors (FIIs) collectively hold about 0.59% through 24 different entities. There are no pledged promoter holdings reported.

Is Goodyear India overvalued or undervalued?

As of July 24, 2025, Goodyear India is considered very expensive and overvalued with a PE ratio of 41.05 and a current price of 980.90, especially compared to its peers like MRF and Apollo Tyres, while also underperforming the market with a year-to-date return of -2.38%.

As of 24 July 2025, the valuation grade for Goodyear India has moved from expensive to very expensive. The company is currently overvalued based on its financial ratios, with a PE ratio of 41.05, a Price to Book Value of 3.75, and an EV to EBITDA of 17.99. In comparison to its peers, MRF has a PE ratio of 34.15 and an EV to EBITDA of 15.62, while Apollo Tyres is more attractively valued with a PE ratio of 23.45 and an EV to EBITDA of 9.14.<BR><BR>The company's recent stock performance has been underwhelming, with a year-to-date return of -2.38%, contrasting sharply with the Sensex's gain of 5.18% during the same period. Given the high valuation metrics and the performance relative to peers and the broader market, Goodyear India appears to be overvalued at its current price of 980.90.

How big is Goodyear India?

As of 24th July, Goodyear India Ltd has a market capitalization of 2,272.00 Cr, with net sales of 2,608.05 Cr and a net profit of 55.12 Cr over the latest four quarters. The company has shareholder's funds of 602.95 Cr and total assets of 1,243.71 Cr.

As of 24th July, Goodyear India Ltd has a market capitalization of 2,272.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Goodyear India reported net sales of 2,608.05 Cr and a net profit of 55.12 Cr.<BR><BR>For the latest annual period, the company has shareholder's funds amounting to 602.95 Cr and total assets of 1,243.71 Cr.

How has been the historical performance of Goodyear India?

Goodyear India's historical performance has shown fluctuating net sales and profits, peaking at INR 2,927.51 crore in March 2023 before declining to INR 2,608.05 crore in March 2025, with operating profit and net profits also decreasing significantly during this period. Despite these declines, cash flow from operations improved slightly to INR 131 crore in March 2025.

Answer:<BR>The historical performance of Goodyear India shows a fluctuating trend in net sales and profits over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Goodyear India's net sales increased from INR 2,435.68 crore in March 2022 to INR 2,608.05 crore in March 2025, although it peaked at INR 2,927.51 crore in March 2023 before declining. The total operating income followed a similar pattern, reaching a high of INR 2,927.51 crore in March 2023 and then decreasing to INR 2,608.05 crore in March 2025. The company's operating profit (PBDIT) also saw a decline from INR 239.34 crore in March 2021 to INR 134.11 crore in March 2025, reflecting a decrease in operating profit margin from 12.1% to 4.47% over the same period. Profit before tax decreased from INR 183.17 crore in March 2021 to INR 74.68 crore in March 2025, while profit after tax dropped from INR 136.26 crore to INR 55.12 crore. The company's total assets decreased from INR 1,390.60 crore in March 2021 to INR 1,243.71 crore in March 2025, with total liabilities also declining from INR 1,390.60 crore to INR 1,243.71 crore. Cash flow from operating activities showed a slight increase to INR 131 crore in March 2025, while net cash inflow improved to INR 70 crore, indicating some recovery in cash management despite the overall decline in profitability.

Is Goodyear India technically bullish or bearish?

As of December 4, 2025, Goodyear India is in a mildly bearish trend, indicated by bearish MACD signals and Bollinger Bands on both weekly and monthly charts, despite a bullish RSI on the weekly time frame.

As of 4 December 2025, the technical trend for Goodyear India has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by bearish signals from the MACD on both weekly and monthly time frames. The Bollinger Bands also indicate a mildly bearish trend on both weekly and monthly charts. Although the RSI is bullish on the weekly time frame, the overall sentiment is dampened by the Dow Theory and KST, both showing bearish signals on the weekly and monthly time frames. Daily moving averages are mildly bullish, but this is not strong enough to counter the prevailing bearish indicators. Overall, the strength of the bearish stance is moderate, reflecting recent underperformance against the Sensex across multiple time frames.

When is the next results date for Goodyear India Ltd?

The next results date for Goodyear India Ltd is 05 February 2026.

The next results date for Goodyear India Ltd is scheduled for 05 February 2026.

Are Goodyear India Ltd latest results good or bad?

Goodyear India Ltd's latest Q3 FY26 results are disappointing, with a 16.98% decline in net profit to ₹13.07 crore and a 12.57% drop in net sales to ₹596.46 crore, indicating operational challenges and weaker competitive positioning in the market.

Goodyear India Ltd's latest results for Q3 FY26 indicate a challenging performance. The company reported a net profit of ₹13.07 crore, which reflects a significant decline of 16.98% year-on-year. Additionally, net sales decreased by 12.57% compared to the same quarter last year, totaling ₹596.46 crore. <BR><BR>The operating margin has also come under pressure, dropping to 4.50%, which is a decrease of 206 basis points from the previous year. This decline in both profitability and sales suggests that Goodyear India is facing operational challenges, particularly in a competitive market where demand dynamics appear to be weakening.<BR><BR>Overall, these results can be characterized as negative, highlighting ongoing issues in revenue generation and profitability. The company’s performance has been further compounded by a significant underperformance compared to its peers in the tyre industry, raising concerns about its competitive positioning and future growth prospects.

Should I buy, sell or hold Goodyear India Ltd?

Which are the latest news on Goodyear India?

Why is Goodyear India Ltd falling/rising?

As of 17-Mar, Goodyear India Ltd's stock price is rising to Rs 746.70 after four days of decline, indicating a potential trend reversal. However, the stock has underperformed over the long term, with significant declines and valuation concerns, suggesting caution for investors.

As of 17-Mar, Goodyear India Ltd's stock price is rising, currently at Rs 746.70, reflecting an increase of 3.35 (0.45%). This upward movement comes after a period of four consecutive days of decline, indicating a potential trend reversal. The stock's performance today is in line with its sector, and there has been a notable increase in investor participation, with delivery volume rising by 233.7% compared to the 5-day average.<BR><BR>Despite this recent rise, the stock has been underperforming over longer periods, with a year-to-date decline of 12.01% and a 3-year decline of 30.83%. It is also trading lower than its moving averages across various time frames, which suggests ongoing weakness. Additionally, the stock is close to its 52-week low, just 1.57% away from Rs 735.<BR><BR>While the company shows some positive financial indicators, such as a high return on equity (ROE) of 16.15% and significant growth in profit before tax (PBT) and operating profit, it has struggled with long-term growth, evidenced by an annual operating profit decline of 11.86% over the past five years. Furthermore, the stock's valuation appears expensive compared to its peers, with a price-to-book ratio of 3, and it has consistently underperformed against benchmarks like the Sensex and BSE500.<BR><BR>In summary, while Goodyear India Ltd is experiencing a short-term rise in stock price, the broader context of its long-term performance and valuation concerns suggests caution for investors.

Why is Goodyear India Ltd falling/rising?

As of 18-Mar, Goodyear India Ltd's stock price is rising short-term but has a concerning long-term outlook, with an 11.76% year-to-date decline and a 30.63% drop over three years. Despite a recent increase in delivery volume and a high dividend yield, the stock is underperforming against benchmarks and showing declining profitability.

As of 18-Mar, Goodyear India Ltd's stock price is currently rising, having increased by 5.0 points or 0.67%. This rise follows a two-day consecutive gain where the stock has returned 0.74%. Additionally, the stock reached an intraday high of Rs 759, reflecting a 2.04% increase during the trading session. <BR><BR>Despite this recent uptick, the stock has been underperforming in the longer term, with a decline of 11.76% year-to-date and a significant drop of 30.63% over the past three years compared to the benchmark Sensex, which has risen by 32.27% in the same period. The stock is also trading below its moving averages across various time frames, indicating a general downward trend.<BR><BR>Investor participation appears to be increasing, as evidenced by a notable rise in delivery volume, which has increased by 226.91% against the five-day average. Furthermore, the stock offers a high dividend yield of 3.2%, which may attract some investors. However, the overall picture remains mixed, as the company has shown poor long-term growth, with operating profit declining at an annual rate of 11.86% over the last five years. <BR><BR>In summary, while Goodyear India Ltd is experiencing a short-term rise in stock price, the long-term outlook remains concerning due to consistent underperformance against benchmarks and declining profitability metrics.

Why is Goodyear India Ltd falling/rising?

As of 19-Mar, Goodyear India Ltd's stock price is at 745.00, reflecting a decline of 3.85 (-0.51%). The stock has underperformed significantly, with a year-to-date decrease of 12.21% and a 30.99% drop over the last three years, indicating poor long-term growth prospects despite some positive management metrics.

As of 19-Mar, Goodyear India Ltd's stock price is falling, currently at 745.00, reflecting a decrease of 3.85 (-0.51%). The stock has shown a negative performance trend, with a decline of 2.37% over the past week and 7.85% over the past month. Year-to-date, the stock has decreased by 12.21%, and it has underperformed significantly over the last three years, with a drop of 30.99% compared to a 27.97% increase in the benchmark.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 1.34% away from the low of Rs 735. Additionally, the stock has fallen after two consecutive days of gains, suggesting a reversal in trend. It is currently trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish sentiment.<BR><BR>Despite some positive factors such as high management efficiency and a low debt-to-equity ratio, the stock's long-term growth prospects appear poor, with an annual operating profit decline of 11.86% over the last five years. Furthermore, the stock is trading at a premium compared to its peers, with a price-to-book value of 3, which may deter potential investors. The overall sentiment is compounded by the stock's consistent underperformance against the benchmark, generating a return of -10.67% over the past year while profits have risen by 23.1%, indicating a disconnect between stock performance and profitability.

Why is Goodyear India Ltd falling/rising?

As of 20-Mar, Goodyear India Ltd's stock price is Rs 743.00, showing a slight increase but reflecting a broader trend of decline with a year-to-date drop of 12.45% and significant underperformance against benchmarks. Despite a high dividend yield, long-term growth challenges and an expensive valuation overshadow any positive indicators.

As of 20-Mar, Goodyear India Ltd's stock price is currently at Rs 743.00, reflecting a slight increase of Rs 1.45 or 0.2%. Despite this minor rise, the stock has shown a negative trend over various periods. Over the past week, it has decreased by 1.22%, and in the last month, it has fallen by 8.18%. Year-to-date, the stock is down 12.45%, and over the past year, it has declined by 11.36%. <BR><BR>The stock is also close to its 52-week low, being only 1.08% away from Rs 735. Additionally, it has consistently underperformed against the benchmark, with a significant drop of 31.93% over the last three years compared to a 29.33% increase in the benchmark. <BR><BR>While there are some positive indicators, such as a high dividend yield of 3.21% and a notable increase in delivery volume, these factors are overshadowed by the company's long-term growth challenges. The operating profit has decreased at an annual rate of 11.86% over the last five years, and the stock is trading at a premium compared to its peers, which suggests an expensive valuation. <BR><BR>In summary, despite a small uptick in price today, Goodyear India Ltd is experiencing a broader trend of decline due to poor long-term growth prospects and consistent underperformance against market benchmarks.

Why is Goodyear India Ltd falling/rising?

As of 23-Mar, Goodyear India Ltd's stock is at Rs 698.95, down 6.2%, hitting a 52-week low and underperforming its sector. The stock has shown significant declines over various periods, with poor long-term growth prospects contributing to negative investor sentiment.

As of 23-Mar, Goodyear India Ltd's stock price is falling, currently at Rs 698.95, which reflects a decrease of Rs 46.2 or 6.2%. This decline is evidenced by the stock's performance today, where it hit a new 52-week low of Rs 695 and underperformed its sector by 2.77%. The stock has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the broader context, Goodyear India Ltd has shown significant underperformance against the benchmark indices over various periods. For instance, over the past week, the stock has decreased by 5.97%, while the Sensex fell by only 3.72%. Over the past month, the stock is down 12.66%, slightly better than the Sensex's 12.72% decline, but still indicative of weakness. Year-to-date, the stock has dropped 17.64%, compared to a 14.70% decline in the Sensex, and over the past year, it has lost 16.56% against the Sensex's 5.47% gain.<BR><BR>Moreover, the company's long-term growth prospects appear poor, with an annual operating profit growth rate of -11.86% over the last five years. This consistent underperformance has contributed to a lack of investor confidence, further exacerbated by the stock's negative returns in the last three annual periods. Despite some positive factors such as a high dividend yield of 3.4% and improved management efficiency, these have not been sufficient to counteract the overall negative sentiment surrounding the stock.

Why is Goodyear India Ltd falling/rising?

As of 24-Mar, Goodyear India Ltd's stock price is Rs 705.65, showing a short-term increase due to heightened investor interest and a 3.42% dividend yield. However, the long-term outlook is negative, with declining operating profits and consistent underperformance against benchmarks.

As of 24-Mar, Goodyear India Ltd's stock price is currently at Rs 705.65, reflecting a change of 4.4 (0.63%) increase. The stock opened with a gain of 3.39% today and reached an intraday high of Rs 725. This positive movement can be attributed to a significant rise in investor participation, with delivery volume increasing by 510.22% compared to the 5-day average. Additionally, the stock has a high dividend yield of 3.42%, which may attract investors seeking income.<BR><BR>However, despite the recent uptick, Goodyear India Ltd has shown poor long-term growth, with operating profit declining at an annual rate of -11.86% over the past five years. The stock has consistently underperformed against benchmarks, generating a return of -15.90% over the last year and underperforming the BSE500 in each of the last three annual periods. Furthermore, the stock is trading at a premium compared to its peers, with a Price to Book Value of 2.8, indicating an expensive valuation relative to its historical averages.<BR><BR>In summary, while there is a short-term rise in the stock price due to increased investor interest and a favorable dividend yield, the long-term outlook remains concerning due to declining operating profits and consistent underperformance against market benchmarks.

Why is Goodyear India Ltd falling/rising?

As of 25-Mar, Goodyear India Ltd's stock is at Rs. 697.10, down 1.21%, and has reached a 52-week low of Rs. 685.3. The stock has significantly underperformed the Sensex and has seen a year-to-date decline of 17.86%, reflecting ongoing challenges in its performance metrics and valuation.

As of 25-Mar, Goodyear India Ltd's stock price is falling, currently at Rs. 697.10, which reflects a decrease of Rs. 8.55 or 1.21%. The stock has hit a new 52-week low of Rs. 685.3 today, indicating significant downward pressure. Over the past week, the stock has underperformed the benchmark Sensex, declining by 6.91% compared to the Sensex's 1.87% drop. <BR><BR>In the last month, Goodyear India Ltd has seen a substantial decline of 13.70%, while the Sensex fell by 8.51%. Year-to-date, the stock is down 17.86%, which is notably worse than the Sensex's decline of 11.67%. Over the past year, the stock has generated a return of -16.09%, significantly underperforming the BSE500 index, which has seen a much smaller decline of 3.52%. <BR><BR>The company's performance metrics also reflect challenges; it has experienced a poor long-term growth rate in operating profit, which has decreased at an annual rate of 11.86% over the last five years. Additionally, while the company has a high return on equity (ROE) of 16.15%, it is trading at a premium valuation with a price-to-book value of 2.8, which is considered expensive compared to its peers. <BR><BR>Despite some positive factors, such as high management efficiency and rising investor participation, the overall trend indicates that the stock is facing significant challenges, leading to its current decline.