Goodyear India Limited

Goodyear India Limited (GOODYEAR) is a micro-cap Automobile and Auto Components company valued at ₹1,600 crore operating in Tyres & Rubber Products on the NSE and BSE.

Recent price move

Goodyear India Limited last traded at ₹694.45, modestly up 1.02% on the day.

Recent developments

On 2026-08-13, Goodyear India shares fell over 3% after reporting a 54% drop in Q1 FY27 net profit and a 66% plunge in EBITDA. The company also slipped after its profit fell nearly 54% year-over-year, driven by rising input costs that hurt margins.

Financial performance

The company's annual revenue fell 5.1% year-over-year, while net profit rose 11.8%. In the latest quarter, revenue increased 18.0% compared to the same quarter a year earlier, but net profit dropped 53.9% due to rising input costs impacting margins.

Valuation multiples

The stock trades at 26.1 times earnings, 2.77 times book value. It yields 3.7%.

Things to watch

The latest quarter net profit fell 53.9% compared to the same quarter a year earlier. The stock is 20.7% below its 52-week high. Net profit margin, though up 0.4 percentage points, is still low at 2.5%.

Where it stands

Goodyear India's latest quarter showed revenue growth but a sharp drop in net profit. The stock is trading below its 52-week high, and recent results highlight challenges with rising input costs. The company remains almost debt-free with a debt-to-equity ratio of 0.04.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.