GOODYEARBSEGoodyear India LtdHighNeutral
Announced Thu, 28 May · 17:40 IST

Financial Results for the quarter and Financial Year ended March 31, 2026

Revenue DeclinePat Growth 25pctEbitda Margin ExpansionExceptional ItemRelated Party TransactionsResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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AI summary

Goodyear India Ltd reported FY2026 revenue from operations of Rs 247,588 Lakhs, down from Rs 260,805 Lakhs in FY2025, representing approximately 5% revenue decline for the full year. Despite lower revenues, PAT improved significantly to Rs 6,150 Lakhs from Rs 5,512 Lakhs in the prior year, an 11.6% increase, indicating improved operational efficiency and cost management. Q4 PAT more than doubled to Rs 969 Lakhs from Rs 487 Lakah in Q4 FY2025. The Board recommended a final dividend of Rs 26.50 per equity share of Rs 10 each, aggregating Rs 6,113 Lakhs. There is an exceptional item of Rs 1,983 Lakhs related to past service costs from implementation of new labour codes. Cash flow from operations remained healthy at Rs 11,228 Lakhs. Auditors issued an unmodified (clean) opinion.

Likely market impact

Revenue decline of about 5% is a concern, but strong PAT growth and improved profitability margins signal effective cost controls. The clean audit opinion and healthy cash generation provide comfort to shareholders. Dividend payout remains attractive.