Goodyear India Ltd.
Snapshot View

1261.00 +8.15 ▲0.7%

23 July 2021, 04:00:00 P.M.
Volume: 9,486

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Tyres & Allied Compare with Industry peers
Website http://www.goodyear.co.in
Financial Indicators
Market Cap 2,902.69 Cr.
Earnings per share (EPS) 59.07 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 21.30 Trailing Twelve Months Ending 2021-03
Industry PE 29.18 Trailing Twelve Months Ending 2021-03
Book Value / Share 362.80 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.47 Calculated using Price: 1,258.40
Dividend Yield 7.79 Period Ending 2021-03
No. of Shares Subscribed 2.31 Cr. 23,066,507 Shares
FaceValue 10
Company Profile

Goodyear is present in India since 1922. It is presently working with two plants, one each in Ballabgarh and Aurangabad. The company is engaged in the manufacturing and marketing automotive tyres, tubes and flaps. Automotive tyres include farm, truck and passenger tyres. Other products of the company include tubes/flaps, rubber products and two- and three-wheeler tyres.

Goodyear has a tyre for every type of driving condition. Today's most exciting new cars use wider, lower-profile tyres to enhance both their handling and looks. This type of tyre places a priority on aggressive traction and response. In the past, that meant limited capabilities in poor weather, significant compromises in ride comfort and tread life. Now, a wide range of Goodyear tyres, including the new Eagle ultra-high performance and Excellence radials, deliver outstanding performance, all-season capability, and uncompromised comfort and tyre life.

The Goodyear Tire & Rubber Company started in 1898 when Frank Seiberling purchased the company's first plant using money he borrowed from his brother-in-law. The rubber and cotton had to be transported from halfway around the world, to a landlocked town that had only limited rail transportation. Seiberling named the company after the courageous pioneer Charles Goodyear, the discoverer of vulcanisation. He also determined the distinctive winged-foot trademark that remains a symbolic link with the company's past.

Products of the company

Passenger Tyre 

  • GPS2
  • GT3 
  • Ducaro GDi
  • EAGLE VENTURA 
  • EAGLE NCT 3
  • EAGLE GA PLUS
  • EAGLE NCT 5 
  • EAGLE F1 GSD2
  • EAGLE F1 GSD3  

Light Truck Tyre

  • WRANGLER DT 
  • WRANGLER RT/S 
  • WRANGLER AT/S 
  • WRANGLER AT/R 
  • G28
  • WRANGLER D-SPORT

Truck Tyre

  • Power 2000
  • Power TORQ+
  • HMG 8
  • CT 162 

Farm Tyre 

  • Sampurna 
  • Purna 
  • ASSG 
  • FT195
  • DT195
  • FT195+
  • NRT 

Goodyear Technologies

  • RunOnFlat
  • SilentArmor
  • TripleTred
  • ComforTred

Milestones

  • 1922:  Goodyear tyre and Rubber company Akron, Ohio entered the Indian market.
  • 1961:  Goodyear India's own manufacturing facility was inaugurated in Ballabgarh, 32 km from India’s capital New Delhi .The plant had an investment of $12million and was commissioned within 12 months.
  • 1965:  The Ballabgarh plant was expanded which increased the plant production by 35%
  • 1969-70:  The production increased by nearly 100%
  • 1993:  Goodyear formed a 50-50 joint venture with South- Asian Tyres Ltd. (SATL) at Aurangabad to manufacture state-of-art radial tyres for car and light truck and bias construction tyres for graders and earthmovers.
  • 1996:  The first tyre GPS2 radial Passenger was rolled out from Aurangabad plant
  • 1998:  SATL becomes a fully-owned Goodyear company
  • 1999:  A significant investment of $9.3 million was made in the farm tyre manufacturing process.
  • 2002: Goodyear becomes the first tyre manufacturer to roll out tubeless tyres on Indian roads. In the passenger car segment, Goodyear supplies tyres to many of the leading Original Equipment Manufacturers in India. These include Maruti, Telco, Mahindra & Mahindra, Ford, Fiat and many more. In the farm segment, Goodyear tyres are supplied to all the major tractor manufacturers like PTL, ITL, TAFE, Eicher and Escorts. Similarly, for buses and trucks, vehicles rolling out of the assembly line of the leading OEMs like Telco, Ashok Leyland, and Swaraj Mazda are often seen with Goodyear tyres. Goodyear commands a major market share in the Off The Road (OTR) segment by being a major supplier to Coal India Limited, Escorts, L&T, TISCO and major steel plants of the country.
  • 2004:  A very significant year with three product launches including GT3, Eagle F1 and Ducaro GA.
  • 2006: Launch of branded retail “shop-in-shop” concept -- a part of the company’s strategic initiative in organized tyre retailing, aimed at strengthening its presence in the large tyre replacement market in the country. These outlets offer customers an unmatched tyre purchase experience. Goodyear India rolls out the Excellence series -- a new collection of luxury passenger car tyres. Designed with the ultimate '3 -Zone Technology', and ECO-Sil Silica Tread Compound Technology, the tyre provides superior comfort and precise handling on both wet and dry conditions for premium car drivers.
  • 2009: Goodyear launched DuraPlus. The company has developed this tyre to fit Asian car market that are categorised under A2 and B segment.
  • 2012: Goodyear Named a Thomson Reuters Top 100 Global Innovator
  •          Goodyear Self-Inflating Technology debuts at The Int' Automobil-Ausstellung (Iaa) Commercial Vehicle Show.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.65%
1 Week
-1.07%
1 Month
+28.29%
3 Month
+43.46%
6 Month
+25.15%
1 Year
+36.45%
2 Year
+35.61%
5 Year
+140.44%
9 years 2012-12 2013-12 2014-12 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 16.95 24.38 22.13 21.67 19.36 17.28 12.27 10.00 15.57
Return on Capital Employed (%) 26.62 37.34 34.31 33.92 30.24 26.89 19.37 13.59 21.33
Return on Assets (%) 6.12 9.06 9.42 10.25 9.54 8.17 5.75 5.68 10.10

Balance Sheet View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 354 424 497 614 707 802 867 916 840
Non Curr. Liab. 158 35 262 324 393 461 519 39 37
Curr. Liab. 531 574 359 280 353 465 435 352 514
Minority Int.
Equity & Liab. 1,043 1,033 1,118 1,218 1,454 1,729 1,821 1,307 1,391
Non Curr. Assets 362 259 502 567 648 739 825 366 369
Curr. Assets 682 773 616 651 805 990 995 941 1,021
Misc. Exp. not W/O
Total Assets 1,043 1,033 1,118 1,218 1,454 1,729 1,821 1,307 1,391

Profit Loss View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 1,481 1,569 1,583 1,730 1,512 1,665 1,912 1,746 1,792
Other Income 23 32 30 38 33 37 38 35 23
Total Income 1,504 1,600 1,613 1,768 1,545 1,702 1,950 1,781 1,814
Total Expenditure -1,392 -1,431 -1,427 -1,534 -1,312 -1,463 -1,748 -1,610 -1,575
PBIDT 113 169 185 234 233 238 202 171 239
Interest -4 -2 -3 -3 -3 -3 -3 -4 -3
Depreciation -24 -25 -29 -47 -34 -36 -41 -50 -53
Taxation -28 -48 -52 -65 -68 -69 -56 -28 -47
Exceptional Items
PAT 56 94 101 120 127 130 102 89 136

Cash Flow View Details

Particulars 9 years 2012-12 Rs. Cr. 2013-12 Rs. Cr. 2014-12 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 26 131 99 9 168 182 57 65 294
Cash Fr. Inv. -178 -121 116 -133 -12 -22 -36 -96 87
Cash Fr. Finan. -22 -21 -27 -31 -37 -37 -39 -45 -223
Net Change -174 -11 188 -155 120 123 -18 -76 158
Cash & Cash Eqvt 53 43 231 76 196 319 301 225 383

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.00 74.00 74.00 74.00 74.00 74.00 74.00 74.00 74.00
Public 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00 26.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Reg. 34 (1) Annual Report
Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed copy of the Annual Report for the Financial Year 2020-21 along with Notice of Annual General Meeting (AGM). The 60th AGM of the Company will be held through Video Conferencing / Other Audio-Visual Means (VC/OAVM) on Thursday August 12 2021.

Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and in compliance with Section 108 of the Companies Act 2013 read with Rule 20 of Companies (Management and Administration) Rules 2014 as amended and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed the copy of newspaper advertisement published regarding e-voting information for the 60th Annual General Meeting of the Company as detailed herein below:

(a) The Financial Express (National English language daily newspaper) on July 20 2021; and

(b) Jansatta (Regional language daily newspaper) on July 20 2021.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Goodyear India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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