The Board recommended the Final Dividend of Rs. 2.50 per Equity Share.
APOLLOTYRE · price
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On the reaction day the stock moved 1.8 pts less than Nifty Midcap 150 and 1.1 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Apollo Tyres Board meeting on May 14, 2026 approved the audited financial results for FY26 and recommended a final dividend of Rs. 2.50 per share (250% on face value of Re. 1). This is in addition to an interim dividend of Rs. 3.50 already paid during the year, making the total dividend for FY26 Rs. 6.00 per share (600%). The company reported standalone revenue of Rs. 198,162.28 million for FY26, up 9% from Rs. 181,736.12 million in FY25. Standalone profit after tax more than doubled to Rs. 18,517.69 million from Rs. 6,294.28 million, boosted by a Rs. 5,736.71 million deferred tax reversal from adopting the new concessional tax regime. Basic EPS improved significantly to Rs. 29.22 from Rs. 9.91. The final dividend is subject to shareholder approval at the ensuing AGM.
The total dividend of Rs. 6.00 per share demonstrates strong cash generation and financial health, which should positively impact shareholder returns. The doubling of net profit signals improved operational performance.