4. INTRODUCTION
APOLLO TYRES LTD is the worlds 17 th biggest tyre
manufacturing,with annual consolidated revenue of rs
125.7 billion(us$2.5 billion)
It was founded in the year 1976
Its first plant was commissioned in perambara,kerala.
The company now has four manufacturing units,one in
south africa,two in zimbabwe and 1 in netherlands
5. It has a network of 4,000 dealerships in india,of which
over 2,500 are exclusive outlets
It gets 62.6%revenues from india,27.9% from europe
and 9.5% from africa.
Apollo tyres was awarded FICCI award among large
industries category for the best quality systems.
It is planing to become the 10th biggest tyre
manufacturing in the world with annual revenue of $6
billion by 2016.
6. About the company
TYPE
PUBLIC SECTOR COMPANY
INDUSTRY
TYRES
FOUNDED
IN THE YEAR 1976
HEADQUATERS
GURGAON, HARYANA, INDIA
KEY PEOPLE
ONKAR.S.KANWAR(CHAIRMAN AND MD)
NEERAJ.R.S.KANWAR(VICE CHAIRMAN AND MD)
REVENUE
^RS.127 .5 BILLION
(US$2.1 BILLION)
7. European operations
Apollo currently sells 30,000 tyres/month in europe.
Which is 250 million tyres/year market.
The company currently operates one tyre factory in
europe ,in the netherlands.
And will built a second factory in hungary .
This second production facility will begin production
in early 2017.
8. Product of the companies
Passanger car tyres.
Alloy wheels.
Sports utility tyres.
Van tyres.
Passanger winter tyres.
Heavy commercial tyres.
Small commercial tyres.
Agricultural tyres.
Tube less tyres
9. Awards and rewards
Awarded as the best brand 2009 by auto india.
Awarded as best brand 2008 by auto india.
Automotive product of the year award for acelere
sportz at ndtv car and bikes award.
Apollo safe drive campaign won Indian road safety
award.
10. National award for excellence in water.
Management 2006-awarded by CII to limda , gujarat
Kerela state conservation award 2006 to apollo
tyres, perambra plant.
First manufacturer in south africa awarded by the iso.
12. Balance sheet
Particulars 2014 2013 %
Share capital 50.41 50.41 00%
Total Reserve 2678.63 2280.24 17.47%
Share holder fund 2739.9 2341.4 17.1%
Unsecured loan 0000 300 100%
13. Assets
particular 2014 2013 %
Capital work in progress 134.97 248.97 18.4
Inventories 1283.63 1120.83 14.53
Cash & bank 221.11 154.19 43.40
14. liabilities
Particulars 2014 2013 %
Trade payable 808.34 600.02 49.27
Other current liabilities 890.74 491.43 81.25
Short Term borrowing 180.67 539.42 66.51
Total current liabilities 3091.93 25390.00 21.78
Total liabilities 6949.40 6583.045 5.57