Goodyear India

Which are the latest news on Goodyear India?

Why is Goodyear India Ltd falling/rising?

As of 05-Sep, Goodyear India Ltd's stock price is rising to 742.20, reflecting a short-term gain despite long-term challenges, including a 24.27% decline over the past year and a negative annual operating profit growth rate of -18.78% over five years. The stock's recent performance is supported by a high dividend yield of 3.59%, but declining investor participation raises concerns about future growth.

As of 05-Sep, Goodyear India Ltd's stock price is rising, currently at 742.20, reflecting a change of 2.55 (0.34%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.26% today and has shown consecutive gains over the last two days, with a total return of 1.05% during this period. Additionally, the company boasts a high dividend yield of 3.59%, which can attract investors looking for income.<BR><BR>However, it is important to note that despite the recent rise, Goodyear India Ltd has faced significant challenges over longer periods. The stock has underperformed against the benchmark indices, with a decline of 24.27% over the past year and a staggering 45.13% drop over the last three years. Furthermore, the stock is trading below its moving averages across various time frames, indicating a general downward trend.<BR><BR>Investor participation has also been declining, as evidenced by a 38.86% drop in delivery volume compared to the five-day average. While the company is net-debt free and has shown an attractive valuation with a price-to-book ratio of 2.8, the long-term growth prospects are concerning due to a negative annual operating profit growth rate of -18.78% over the last five years.<BR><BR>In summary, while Goodyear India Ltd is experiencing a short-term rise in stock price, the broader context reveals significant long-term challenges that could impact investor sentiment moving forward.

Who are in the management team of Goodyear India?

The management team of Goodyear India includes Sandeep Mahajan (Chairman & Managing Director), Manish Manakchand Mundra (Whole Time Director & CFO), Anup Karnwal (Company Secretary), Nicole Amanda Nuttall (Director), and independent directors Sudha Ravi, Rajiv Lochan Jain, and Rajeev Kher. They oversee the company's governance and strategic direction.

The management team of Goodyear India includes the following members:<BR><BR>1. **Sandeep Mahajan** - Chairman & Managing Director<BR>2. **Manish Manakchand Mundra** - Whole Time Director & CFO<BR>3. **Anup Karnwal** - Company Secretary & Compliance Officer<BR>4. **Nicole Amanda Nuttall** - Director<BR>5. **Sudha Ravi** - Independent Director<BR>6. **Rajiv Lochan Jain** - Independent Director<BR>7. **Rajeev Kher** - Independent Director<BR><BR>This team plays a crucial role in the governance and strategic direction of the company. If you have any more questions about Goodyear India or its operations, feel free to ask!

What does Goodyear India do?

Goodyear India Ltd manufactures tyres and rubber goods for the automobile industry and is categorized as a Small Cap company. As of June 2026, it reported net sales of ₹774 Cr and a net profit of ₹7 Cr, with a market cap of ₹1,730 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 most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 774 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 7 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 1,730 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 27.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 3.53% <BR>Debt Equity: -0.34 <BR>Return on Equity: 10.50% <BR>Price to Book: 2.86 <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 peers of the Goodyear India?

Goodyear India's peers include Balkrishna Industries, Apollo Tyres, CEAT, JK Tyre & Industries, TVS Srichakra, Megamont, Tolins Tyres, Modi Rubber, and Indag Rubber. Goodyear India has a lower 1-year return of -24.53% compared to its peers, with varying management risks and capital structures among them.

Peers: The peers of Goodyear India are Balkrishna Inds, Apollo Tyres, CEAT, JK Tyre & Indust, TVS Srichakra, Megamont, Tolins Tyres, Modi Rubber, and Indag Rubber.<BR><BR>Quality Snapshot: Excellent management risk is observed at Balkrishna Inds, Apollo Tyres, CEAT, JK Tyre & Indust, and Goodyear India, while Average management risk is found at TVS Srichakra, Tolins Tyres, and Indag Rubber, and the rest have Below Average management risk. Growth is Below Average for Balkrishna Inds, Apollo Tyres, JK Tyre & Indust, TVS Srichakra, Goodyear India, and the rest, while Average growth is noted at CEAT, and Indag Rubber shows Average growth. Excellent capital structure is present in Balkrishna Inds and Goodyear India, while Good capital structure is seen at Apollo Tyres and Indag Rubber, Average capital structure is found at CEAT, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Megamont at 220.66%, while Goodyear India has the lowest at -24.53%. Goodyear India's 1-year return is significantly lower than all peers. Additionally, JK Tyre & Indust, Tolins Tyres, and Indag Rubber have negative six-month returns.

How big is Goodyear India?

As of 31st August, Goodyear India Ltd has a market capitalization of 1,730.00 Cr, with recent Net Sales of 2,594.00 Cr and a Net Profit of 53.90 Cr.

As of 31st August, Goodyear India Ltd has a market capitalization of 1,730.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Goodyear India reported Net Sales of 2,594.00 Cr and a Net Profit of 53.90 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026, with Shareholder's Funds amounting to 606.19 Cr and Total Assets of 1,247.54 Cr.

Should I buy, sell or hold Goodyear India Ltd?

When is the next results date for Goodyear India Ltd?

The next results date for Goodyear India Ltd is 12 August 2026.

The next results date for Goodyear India Ltd is scheduled for 12 August 2026.

Are Goodyear India Ltd latest results good or bad?

Goodyear India Ltd's latest results show a 98.97% year-on-year increase in net profit to ₹9.69 crores, but a concerning 60.65% decline from the previous quarter. While revenue grew modestly, profitability metrics have worsened, indicating potential challenges ahead for the company.

Goodyear India Ltd's latest results present a mixed picture. In Q4 FY26, the company reported a net profit of ₹9.69 crores, which is a significant year-on-year increase of 98.97%. However, this figure represents a sharp decline of 60.65% compared to the previous quarter. <BR><BR>On the revenue side, net sales reached ₹616.28 crores, showing a modest growth of 2.25% year-on-year and a slight increase of 1.54% quarter-on-quarter. While this indicates some stabilization in demand, the profitability metrics are concerning. The operating margin, although improved year-on-year to 6.73%, fell by 54 basis points from the previous quarter, signaling ongoing challenges in maintaining profitability.<BR><BR>Overall, while the year-on-year growth in net profit is a positive sign, the significant quarter-on-quarter decline raises questions about the sustainability of earnings. The company is facing operational headwinds, and the current valuation appears increasingly difficult to justify given these deteriorating profitability metrics. Investors should be cautious and monitor how the company addresses these challenges moving forward.

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.

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 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.

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.

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.