New entrant competition in India
A financially strong new player is entering PCR and TBR segments, potentially increasing competitive intensity and pricing pressure.
APOLLOTYRE / Q2-FY26 / risks
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Apollo Tyres · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
European demand recovery uncertainty
European market remains challenging with low single-digit growth expected; recovery is not yet assured.
Raw material cost volatility
While raw materials are currently stable, any upturn could pressure margins, especially given competitive pricing dynamics.
OEM share loss in PCR
Apollo lost ground in PCR OEM shares due to not bidding for certain unprofitable businesses, which may impact future volumes.