“One of the leading companies in the Tyre Industry- Apollo Tyre Ltd.”

Apollo Tyres is an Indian multinational tire manufacturing company in India. It was founded in 1972 with the “Apollo Tyre” trusted name in the business of manufacture and sale of tires. In the Global market, the products are under the brands: Apollo and Vredestein.

• https://www.apollotyres.com/
• Headquarters: Gurgaon, India.
• Founded; 1972

Apollo Tyres products are available in India and across the globe through a vast network of branded, exclusive, and multi-product outlets. Apollo Tyres has multiple manufacturing units in India, the Netherlands, and Hungary.

Apollo Tyres has developed its own Sustainability Management Framework (SMF), aligned to the global standard of ISO 26000 on Social Responsibility. It started with Environment and Community Development and taking the journey forward, incorporated two more subjects — Fair Operating Practices and Consumer Issues. The sustainability performance reporting draws elements from globally available and accepted guidelines like the Global Reporting Initiative (GRI).

Apollo Tyres Ltd Focused area:

Pursuing zero accident culture is paramount: safe plants are stable plants, allowing the Company to meet production targets Providing a safe work environment where employees are healthy and engaged Ensuring that the Apollo has the right talent in the right place at the right time enabling transformation and growth.

Apollo Tyres today launched an e-commerce portal shop.apollotyres.com for passenger car and two-wheeler tire customers in India. This will work on the ‘buy online, fit offline’ model. This Business strategy has been implemented in some customers based in Delhi NCR, Bengaluru, Mumbai, and Kochi, which will soon be expanded to other cities across the country. 

Apollo Tyre Ltd Brand

Apollo Tyre Ltd focuses on its 2 key brands, Apollo and Vredestein, it also owns two smaller and region-specific brands – Kaizen and Regal.

Both Brands, Apollo, and Vredestein comprise tires for passenger, commercial, and off-highway vehicles. Brands Regal and Kaizen focus on the truck-bus tire segment

Apollo

A choice of global and Indian original equipment auto players Apollo tires are manufactured in India and Europe and are available across all categories, including commercial, passenger vehicles, two-wheelers, farms, and industrial.  Apollo enables individuals to achieve their own potential when it comes to driving and in every area of life as reflected in its tagline ‘go the distance.

Vredestein

Vredestein Brand is the leading European manufacturer of first-class tires and a proud part of the Apollo family. The Vredestein brand is over 110 years old and has achieved premium brand status in the automotive industry. A Vredestein tire is designed to perform optimally and maximize users’ freedom at all times. Vredestein strives to offer all drivers the safest and best possible driving experience.

Vredestein Products include car tires, tires for agricultural and industrial applications, and bicycle tires. A significant part of our car tires is designed by the Italian design house Giugiaro. It act as a supplier both to the replacement market and to renowned car manufacturers (Original Equipment Manufacturing).

Apollo Tyres Manufacturing Plant and Capacity:

Apollo Tyre Ltd has 5 manufacturing locations in India (Chennai, Perambra, Limda, Kalamassery, and most recently, Chittoor) also has 2 manufacturing locations outside of India – The Netherlands and Hungary and 2 global R&D centers in Chennai, India, and Enschede, The Netherlands.

Capacity of Apollo Tyres Ltd

• In India
  • Limda, Gujarat: 1,84,740 MT
  • Chennai, Tamil Nadu: 2,91,666 MT
  • Perambra, Kerala: 1,13,510 MT
  • Kalamassery, Kerala: 42,087 MT
• In Europe
  • Enschede, the Netherlands: 54,238 MT
  • Gyöngyöshalász, Hungary: 47,688 MT

Apollo Tyres Ltd SUBSIDIARY:

Apollo Tyres Ltd had 35 Overseas Subsidiary Companies (including step subsidiaries), 1 Associate Company, and 1 Joint Venture.

• Apollo (South Africa) Holdings (Pty) Ltd. had executed a sale of shares agreement with Tacoma Foods (Pty) Ltd. to sell its entire stake in Pressurite (Pty) Limited effective May 31, 2019. Pressurite (Pty) Limited is no more an Associate Company of Apollo (South Africa) Holdings (Pty) Limited.
• Rubber Research LLC, a wholly-owned subsidiary of Apollo Tyres Cooperatief U.A. was liquidated on July 25, 2019.
• S.C. Vredestein RO S.R.L., a wholly-owned subsidiary of Apollo Vredestein Kft. was liquidated on November 11, 2019
• Apollo Vredestein B.V: focuses on manufacturing, marketing, sales, and distribution of tires and supplies tires for passenger cars, commercial vehicles, agricultural and industrial vehicles, and bicycles.
• Apollo Tyres (Hungary) Kft. was established with an aim to set up a ‘state of the art’ automotive tire manufacturing facility in Hungary that will produce both passenger car tires and commercial vehicle tires.
• Apollo Tyres Holdings (Singapore) Pte. Ltd. is a Private Company limited by shares incorporated and domiciled in Singapore. Has 50% of the raw material procurement is for Natural Rubber. Major sourcing countries are Thailand, Indonesia, and China.
• Apollo Tyres B.V. incorporated in the Netherlands is a Holding Company with two Subsidiaries, Apollo Vredestein B.V. and Apollo Tyres (Hungary) Kft.
• Apollo Tyres Cooperatief U.A. a direct Subsidiary of the Company is incorporated in the Netherlands.

Apollo Tyres Limited Financial Highlights:

Apollo Tyres Limited Financial Statement:

Apollo Tyres Limited Cash flow:

Apollo Tyres Limited Shareholder Pattern:

• Promotors and Promotors Group: 37.31%
• Public: 15.00%
• Others:47.69%
• Total: 100.00%