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Goodyear India

  • Market Cap: Small Cap
  • Industry: Tyres & Allied
  • ISIN: INE533A01012
  • NSEID: GOODYEAR
  • BSEID: 500168
INR
838.05
4.05 (0.49%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 25.62 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

25.62 k (1,016.11%) Volume

Shareholding (Dec 2024)

FII

0.70%

Held by 31 FIIs

DII

8.15%

Held by 9 DIIs

Promoter

74.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -14.67% of over the last 5 years

 
2

The company has declared Negative results for the last 5 consecutive quarters

3

Stock is technically in a Bearish range

4

With ROE of 7.8, it has a Very Expensive valuation with a 3.3 Price to Book Value

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Tyres & Allied

stock-summary
Market cap

INR 1,933 Cr (Small Cap)

stock-summary
P/E

42.00

stock-summary
Industry P/E

23

stock-summary
Dividend Yield

1.80%

stock-summary
Debt Equity

-0.33

stock-summary
Return on Equity

7.84%

stock-summary
Price to Book

3.27

Revenue and Profits (1 Year):
Net Sales:
632 Cr
(Quarterly Results - Dec 2024)
Net Profit:
9 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.8%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-25.64%
0%
-25.64%
1 Year
-29.01%
1.28%
-27.73%
2 Years
-21.32%
5.54%
-15.78%
3 Years
-9.29%
17.19%
7.9%
4 Years
-8.42%
18.22%
9.8%
5 Years
30.87%
37.97%
68.84%

Latest dividend: 15 per share ex-dividend date: Jul-23-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.33%
EBIT Growth (5y)
-14.67%
EBIT to Interest (avg)
31.47
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.49
Tax Ratio
26.32%
Dividend Payout Ratio
99.72%
Pledged Shares
0
Institutional Holding
8.85%
ROCE (avg)
39.06%
ROE (avg)
16.18%
Valuation key factors
Factor
Value
P/E Ratio
42
Industry P/E
23
Price to Book Value
3.27
EV to EBIT
34.91
EV to EBITDA
16.54
EV to Capital Employed
4.38
EV to Sales
0.68
PEG Ratio
NA
Dividend Yield
1.80%
ROCE (Latest)
16.59%
ROE (Latest)
7.84%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (6.75%)

FIIs

Held by 31 FIIs (0.7%)

Promoter with highest holding

Goodyear Orient Company (private) Limited (74.0%)

Highest Public shareholder

Hdfc Small Cap Fund (6.75%)

Individual Investors Holdings

13.19%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -7.41% vs -1.32% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -39.77% vs -37.12% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "631.72",
          "val2": "682.25",
          "chgp": "-7.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.83",
          "val2": "31.09",
          "chgp": "-23.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.50",
          "val2": "0.91",
          "chgp": "64.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "9.48",
          "val2": "15.74",
          "chgp": "-39.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.77%",
          "val2": "4.56%",
          "chgp": "-0.79%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -2.56% vs -11.10% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -47.19% vs 19.06% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,373.63",
          "val2": "1,409.78",
          "chgp": "-2.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "75.42",
          "val2": "125.40",
          "chgp": "-39.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.86",
          "val2": "2.30",
          "chgp": "-19.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "40.77",
          "val2": "77.20",
          "chgp": "-47.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.49%",
          "val2": "8.90%",
          "chgp": "-3.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 0.21% vs -12.03% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -49.27% vs 10.99% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,005.35",
          "val2": "2,001.18",
          "chgp": "0.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "99.25",
          "val2": "165.21",
          "chgp": "-39.92%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.36",
          "val2": "3.33",
          "chgp": "0.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "50.25",
          "val2": "99.06",
          "chgp": "-49.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.95%",
          "val2": "8.26%",
          "chgp": "-3.31%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.84% vs 20.19% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -22.80% vs 19.41% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,551.71",
          "val2": "2,927.51",
          "chgp": "-12.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "170.59",
          "val2": "206.95",
          "chgp": "-17.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.24",
          "val2": "3.87",
          "chgp": "9.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "94.85",
          "val2": "122.86",
          "chgp": "-22.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.69%",
          "val2": "7.07%",
          "chgp": "-0.38%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
631.72
682.25
-7.41%
Operating Profit (PBDIT) excl Other Income
23.83
31.09
-23.35%
Interest
1.50
0.91
64.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
9.48
15.74
-39.77%
Operating Profit Margin (Excl OI)
3.77%
4.56%
-0.79%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -7.41% vs -1.32% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -39.77% vs -37.12% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,373.63
1,409.78
-2.56%
Operating Profit (PBDIT) excl Other Income
75.42
125.40
-39.86%
Interest
1.86
2.30
-19.13%
Exceptional Items
0.00
0.00
Standalone Net Profit
40.77
77.20
-47.19%
Operating Profit Margin (Excl OI)
5.49%
8.90%
-3.41%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -2.56% vs -11.10% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -47.19% vs 19.06% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,005.35
2,001.18
0.21%
Operating Profit (PBDIT) excl Other Income
99.25
165.21
-39.92%
Interest
3.36
3.33
0.90%
Exceptional Items
0.00
0.00
Standalone Net Profit
50.25
99.06
-49.27%
Operating Profit Margin (Excl OI)
4.95%
8.26%
-3.31%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 0.21% vs -12.03% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -49.27% vs 10.99% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,551.71
2,927.51
-12.84%
Operating Profit (PBDIT) excl Other Income
170.59
206.95
-17.57%
Interest
4.24
3.87
9.56%
Exceptional Items
0.00
0.00
Standalone Net Profit
94.85
122.86
-22.80%
Operating Profit Margin (Excl OI)
6.69%
7.07%
-0.38%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -12.84% vs 20.19% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -22.80% vs 19.41% in Mar 2023

stock-summaryCompany CV
About Goodyear India Ltd stock-summary
stock-summary
Goodyear India Ltd
Small Cap
Tyres & Allied
Goodyear India Ltd, incorporated as Goodyear Tire and Rubber Company (India), acquired its present name in 1961 when it became a public limited company. A FERA company, with Goodyear Tire and Rubber, US, as the holding company with a stake of 74%, manufactures tyres and rubber goods used by the automobile industry, at its plant in Ballabgarh, Uttar Pradesh.
Company Coordinates stock-summary
Company Details
Mathura Road, Ballabgarh Faridabad Haryana : 121004
stock-summary
Tel: 91-129-6611000
stock-summary
goodyearindia_investorcell@goodyear
Registrar Details
Skyline Financial Services Pvt Ltd , D-153/A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi