Apollo Tyres · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
12
Answered directly
83%
Numeric claims
3
Consistency
contradicted
Question ledger
Raghu · Research desk
partialWe have invested in the brand with the Indian cricket team... We are hopeful that quarter three revenue growth should be, if not better, at least at the same level. Profitability will continue to remain at this level, if not better.
Raghu · Research desk
directOverall volume growth was 4% for this quarter. It was still quite muted for truck and passenger car... The big demand upliftment was in the farm segment, two-three wheelers, and others.
Raghu · Research desk
directOverall replacement growth was 2%, and OEM was 4%.
Raghu · Research desk
directExport growth was in double digits for the current quarter. Overall for the year, yes, we would push towards a high single digit growth.
Raghu · Research desk
directThe raw materials in Q2 were down 3% sequentially from Q1, and we expected to be stable to slightly down in Q3.
Raghu · Research desk
directNatural rubber was around INR 210 a kg, synthetic rubber INR 175, carbon black INR 115, and steel cord INR 155.
Raghu · Research desk
directThe numbers within the overall basket are still small... at a level of 10,000 tires a month in a total mix of 450,000-500,000. We are positioning it as an absolute premium brand.
Raghu · Research desk
directThe top line growth in Europe was 4%, which was entirely from volume. Outlook for Europe market overall continues to be a challenging scenario... we are looking at growth coming back, even though it would be low single digits.
Aniket Mahtre · Research desk
directOn the TBR replacement, we estimate our market share to be around 29%. On the PCR replacement side, based on our internal estimates, we would be at 20% market share, which would be industry-leading.
Aniket Mahtre · Research desk
partialOEM shares have maintained. We had lost ground in PCR OEM shares as we did not bid for certain businesses on profitability count. Each RFQ is now being critically evaluated.
Aniket Mahtre · Research desk
evasiveThat's a difficult one to estimate, Aniket. We've indicated the total cash pots, particularly around EUR 55 million. Based on our expectations, the payback period should be about two years.
Mihir Vora · Equirus
directOur capacity utilization is still in the 80s in India. In Europe, Netherlands and Hungary are close to 90%. There is a capacity expansion... passenger car, both in Hungary and Andhra Pradesh.
