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Indian (NIFTY) Tires and Rubber Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies16
  • 7D-0.2%
  • 3M13.0%
  • 1Y10.6%
  • YTDn/a

The Tires and Rubber industry is up 1.6% in the last week, with Apollo Tyres up 6.1%. This means that the industry has gained 12% over the past year. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the Indian Tires and Rubber Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025₹1.8t₹1.0t₹52.2b35x35.2x1.8x
Mon, 13 Oct 2025₹1.7t₹1.0t₹51.5b34.9x33.8x1.7x
Wed, 10 Sep 2025₹1.7t₹1.0t₹51.5b33.8x32.9x1.7x
Fri, 08 Aug 2025₹1.7t₹1.0t₹55.6b31.2x29.7x1.6x
Sun, 06 Jul 2025₹1.7t₹1.0t₹58.1b30.7x29.9x1.7x
Tue, 03 Jun 2025₹1.7t₹1.0t₹58.1b30.3x29.3x1.7x
Thu, 01 May 2025₹1.7t₹984.7b₹60.5b30.8x27.8x1.7x
Sat, 29 Mar 2025₹1.5t₹980.3b₹60.6b29.1x24.8x1.5x
Mon, 24 Feb 2025₹1.5t₹980.3b₹60.6b29.5x24.9x1.5x
Wed, 22 Jan 2025₹1.6t₹965.0b₹64.8b32.1x24.4x1.6x
Fri, 20 Dec 2024₹1.8t₹961.6b₹65.6b32.5x26.8x1.8x
Sun, 17 Nov 2024₹1.6t₹959.8b₹65.5b32.5x25.1x1.7x
Tue, 15 Oct 2024₹1.8t₹948.8b₹70.9b32.6x25.3x1.9x
Thu, 12 Sep 2024₹1.8t₹946.1b₹70.6b34.6x25.7x1.9x
Sat, 10 Aug 2024₹1.8t₹940.9b₹69.1b31.5x26x1.9x
Mon, 08 Jul 2024₹1.8t₹929.4b₹69.7b31x26.1x2x
Wed, 05 Jun 2024₹1.6t₹932.9b₹69.6b26.6x23.5x1.8x
Fri, 03 May 2024₹1.7t₹919.0b₹67.7b29.1x24.6x1.8x
Sun, 31 Mar 2024₹1.6t₹917.6b₹68.0b28x23.6x1.7x
Tue, 27 Feb 2024₹1.7t₹917.6b₹68.0b31.3x25.6x1.9x
Thu, 25 Jan 2024₹1.8t₹908.5b₹57.4b34x30.9x2x
Sat, 23 Dec 2023₹1.5t₹908.5b₹57.4b32.1x26.7x1.7x
Mon, 20 Nov 2023₹1.5t₹908.5b₹57.4b29.5x26.3x1.7x
Wed, 18 Oct 2023₹1.4t₹903.0b₹46.3b27.7x31.2x1.6x
Fri, 15 Sep 2023₹1.4t₹903.0b₹46.3b27.8x30.6x1.6x
Sun, 13 Aug 2023₹1.4t₹902.7b₹46.3b30.4x29.9x1.5x
Tue, 11 Jul 2023₹1.4t₹900.8b₹36.4b33.9x37.7x1.5x
Thu, 08 Jun 2023₹1.3t₹900.9b₹36.4b32.8x35.7x1.4x
Sat, 06 May 2023₹1.3t₹884.0b₹32.3b37.4x38.7x1.4x
Mon, 03 Apr 2023₹1.1t₹878.8b₹30.6b31.4x35.6x1.2x
Wed, 01 Mar 2023₹1.1t₹878.8b₹30.6b32.7x35.9x1.2x
Fri, 27 Jan 2023₹1.2t₹852.9b₹31.1b30.9x38x1.4x
Sun, 25 Dec 2022₹1.1t₹852.8b₹31.1b27.1x36x1.3x
Tue, 22 Nov 2022₹1.1t₹853.0b₹30.5b25.7x36x1.3x
Price to Earnings Ratio

36x


Total Market Cap: ₹1.1tTotal Earnings: ₹30.5bTotal Revenue: ₹853.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Tires and Rubber Industry Price to Earnings3Y Average 29.7x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Tires and Rubber industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.9x which is higher than its 3-year average PE of 29.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 6.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Tires and Rubber compare with similar industries?

IN Market1.07%
Consumer Discretionary0.28%
Auto Components1.75%
Tires and Rubber-0.21%
Auto Parts and Equipment2.14%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
APOLLOTYRE Apollo Tyres₹518.700.6%
+₹2.1b		9.1%PE39.6x
502355 Balkrishna Industries₹2.33k0.5%
+₹2.0b		-14.9%PE32.7x
509243 TVS Srichakra₹4.34k4.3%
+₹1.4b		21.0%PE120.3x
530007 JK Tyre & Industries₹459.650.3%
+₹411.0m		25.6%PE23.5x
509162 Indag Rubber₹126.204.1%
+₹131.3m		-31.5%PE54.4x

Latest News

VIAZ
₹88.00
Viaz Tyres
7D
8.6%
1Y
39.0%
542013
₹171.85
Dolfin Rubbers
7D
-3.1%
1Y
-16.1%
APOLLOTYRE
₹518.70
Apollo Tyres
7D
0.6%
1Y
9.1%

APOLLOTYRE: Medium-Term Outlook Will Balance Market Recovery With Credit Concerns

The analyst price target for Apollo Tyres has been reduced slightly. Analysts cite ongoing credit market concerns and the normalization of investment income as key factors behind the new outlook.
509243
₹4,336.35
TVS Srichakra
7D
4.3%
1Y
21.0%
TOLINS
₹168.46
Tolins Tyres
7D
-6.1%
1Y
1.0%
509152
₹1,971.45
GRP
7D
-4.5%
1Y
-37.3%
509162
₹126.20
Indag Rubber
7D
4.1%
1Y
-31.5%
500878
₹3,984.30
CEAT
7D
-1.0%
1Y
43.3%

500878: Global Expansion And Sri Lanka Investment Will Shape Near-Term Outlook

Analysts have raised their price target for CEAT from ₹4,138.58 to ₹4,160.58, citing refined estimates in fair value and updated financial assumptions as the basis for the modest upward revision. What's in the News CEAT has scheduled a Board Meeting on October 17, 2025, to consider and approve unaudited financial results for the quarter and period ended September 30, 2025, appoint new directors, and address other matters.
502355
₹2,330.45
Balkrishna Industries
7D
0.5%
1Y
-14.9%
500168
₹924.65
Goodyear India
7D
-5.7%
1Y
-8.0%
531346
₹32.33
Eastern Treads
7D
5.9%
1Y
-24.4%
MRF
₹157,400.00
MRF
7D
-0.9%
1Y
30.6%
530007
₹459.65
JK Tyre & Industries
7D
0.3%
1Y
25.6%

530007: Board Review And Revised Forecasts Will Shape Market Expectations

Narrative Update on JK Tyre & Industries Analysts have raised their fair value estimate for JK Tyre & Industries from ₹393.50 to ₹455.17, citing updated financial assumptions and recent performance trends. What's in the News An upcoming board meeting is scheduled for October 27, 2025 to review and approve the standalone and consolidated unaudited financial results for the second quarter and half year ended September 30, 2025, along with other business matters (Key Developments).
ETML
₹117.00
Emerald Tyre Manufacturers
7D
-4.7%
1Y
n/a
ITTL
₹106.60
Innovative Tyres & Tubes
7D
8.6%
1Y
n/a
500890
₹116.05
Modi Rubber
7D
-4.2%
1Y
-6.8%