Goodyear India (GOODYEAR)₹693.85+0.02%Tyres & Rubber Products
In the Mar 2026 quarter (standalone), Goodyear India reported sales of ₹617 Cr, up 2.2% from Mar 2025, and net profit of ₹9.71 Cr, up 99.0% year on year. For the year to Mar 2026, sales were ₹2,478 Cr and net profit ₹62.10 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 720 | 691 | 592 | 551 | 692 | 683 | 632 | 604 | 657 | 597 | 607 | 617 |
| Expenses | 656 | 629 | 551 | 545 | 647 | 651 | 608 | 585 | 628 | 570 | 562 | 575 |
| Operating Profit | 63.85 | 61.11 | 39.66 | 5.36 | 44.19 | 30.95 | 23.74 | 17.26 | 28.12 | 26.73 | 43.92 | 41.36 |
| OPM % | 8.8% | 8.9% | 6.7% | 1.0% | 6.4% | 4.5% | 3.8% | 2.9% | 4.3% | 4.5% | 7.2% | 6.7% |
| Other Income | 3.71 | 4.42 | 5.20 | 3.69 | 3.94 | 4.87 | 4.73 | 4.04 | 4.69 | 4.56 | 2.68 | −14.99 |
| Interest | 1.15 | 1.13 | 1.02 | 0.90 | 0.94 | 0.90 | 1.49 | 1.31 | 1.25 | 1.29 | 1.19 | 1.39 |
| Depreciation | 14.05 | 13.92 | 13.90 | 13.57 | 13.89 | 13.91 | 13.82 | 13.27 | 12.71 | 12.60 | 12.26 | 11.86 |
| Profit before tax | 52.66 | 50.83 | 30.18 | −5.39 | 33.54 | 21.19 | 13.29 | 6.83 | 18.99 | 17.55 | 33.40 | 13.36 |
| Tax % | 25.3% | 25.2% | 27.4% | −21.8% | 25.1% | 25.6% | 28.5% | 28.5% | 25.6% | 25.4% | 26.1% | 27.3% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −1.01 | −11.99 |
| Net Profit | 39.35 | 38.06 | 21.91 | −4.22 | 25.07 | 15.78 | 9.50 | 4.88 | 14.15 | 13.09 | 24.68 | 9.71 |
| EPS (Rs) | 16.96 | 16.40 | 9.44 | −1.82 | 10.80 | 6.79 | 4.09 | 2.10 | 6.09 | 5.65 | 10.63 | 4.18 |
| Mar 2016 15m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,733 | 1,515 | 1,667 | 1,915 | 1,749 | 1,795 | 2,439 | 2,931 | 2,556 | 2,611 | 2,478 | 2,477 |
| Expenses | 1,534 | 1,312 | 1,462 | 1,745 | 1,610 | 1,575 | 2,264 | 2,719 | 2,380 | 2,490 | 2,335 | 2,334 |
| Operating Profit | 195 | 199 | 201 | 163 | 136 | 216 | 171 | 206 | 170 | 116 | 141 | 140 |
| OPM % | 11.0% | 13.0% | 12.0% | 9.0% | 8.0% | 12.0% | 7.0% | 7.0% | 7.0% | 4.5% | 6.0% | 5.7% |
| Other Income | 38.14 | 33.09 | 37.09 | 38.14 | 35.09 | 23.09 | 23.06 | 16.05 | 17.05 | 18.04 | −3.01 | −3.06 |
| Interest | 2.99 | 2.99 | 2.99 | 2.99 | 3.99 | 2.99 | 3.99 | 3.99 | 3.99 | 4.99 | 4.99 | 5.12 |
| Depreciation | 46.10 | 34.11 | 36.12 | 41.11 | 50.13 | 53.12 | 53.14 | 54.14 | 55.14 | 55.12 | 49.18 | 49.43 |
| Profit before tax | 184 | 196 | 199 | 158 | 117 | 183 | 138 | 165 | 128 | 75.21 | 83.18 | 83.30 |
| Tax % | 35.0% | 35.0% | 35.0% | 35.0% | 24.0% | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −14.99 | −13.00 |
| Net Profit | 120 | 127 | 130 | 102 | 89.16 | 136 | 103 | 123 | 95.29 | 55.17 | 62.10 | 61.63 |
| EPS (Rs) | 51.72 | 55.04 | 56.08 | 44.08 | 38.34 | 58.81 | 44.45 | 53.07 | 40.95 | 23.81 | 26.55 | 26.55 |
| Dividend payout % | 23.0% | 23.0% | 23.0% | 28.9% | 34.0% | 301.0% | 224.0% | 49.9% | 100.0% | 100.0% | 99.0% | — |
| Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23.06 | 23.05 | 23.04 | 23.05 | 23.04 | 23.05 | 23.05 | 23.04 | 23.04 | 23.05 | 23.03 | 23.04 |
| Reserves | 473 | 590 | 683 | 778 | 843 | 892 | 815 | 690 | 582 | 557 | 579 | 582 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.01 | 14.03 | 17.02 | 10.02 | 7.01 | 29.05 | 27.03 |
| Other Liabilities | 395 | 309 | 380 | 495 | 463 | 375 | 536 | 633 | 645 | 591 | 611 | 619 |
| Total Liabilities | 891 | 923 | 1,088 | 1,297 | 1,329 | 1,305 | 1,390 | 1,363 | 1,259 | 1,178 | 1,242 | 1,251 |
| Fixed Assets | 240 | 221 | 227 | 246 | 251 | 316 | 312 | 317 | 357 | 364 | 367 | 342 |
| CWIP | 17.03 | 29.01 | 31.03 | 26.03 | 50.04 | 15.02 | 16.02 | 33.02 | 61.07 | 44.05 | 36.05 | 30.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 634 | 673 | 829 | 1,024 | 1,027 | 974 | 1,062 | 1,013 | 841 | 770 | 838 | 880 |
| Inventories | 123 | 128 | 169 | 168 | 167 | 150 | 133 | 301 | 286 | 304 | 286 | 256 |
| Trade receivables | 112 | 159 | 157 | 207 | 242 | 219 | 270 | 250 | 321 | 267 | 282 | 283 |
| Cash & equivalents | 366 | 335 | 455 | 580 | 561 | 548 | 599 | 392 | 164 | 125 | 195 | 237 |
| Total Assets | 891 | 923 | 1,088 | 1,297 | 1,329 | 1,305 | 1,390 | 1,363 | 1,259 | 1,178 | 1,242 | 1,251 |
| Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 99.27 | 9.03 | 168 | 183 | 57.16 | 65.20 | 295 | 89.22 | 112 | 135 | 131 | 112 |
| Cash from investing activity | 116 | −133 | −11.98 | −21.95 | −35.94 | −95.87 | 86.81 | −49.95 | 90.85 | −33.93 | −16.96 | −5.99 |
| Cash from financing activity | −27.03 | −31.04 | −37.07 | −37.08 | −39.05 | −45.09 | −223 | −237 | −242 | −130 | −43.10 | −65.14 |
| Net cash flow | 188 | −155 | 120 | 123 | −17.96 | −75.83 | 158 | −197 | −37.89 | −28.92 | 70.79 | 40.92 |
| Capex | 49.45 | 43.59 | 39.01 | 50.83 | 72.32 | 61.93 | 44.19 | 73.68 | 111 | 54.95 | 24.11 | 13.72 |
| Free cash flow | 50.95 | −33.94 | 129 | 132 | −15.98 | 3.99 | 250 | 15.97 | 0.99 | 79.93 | 107 | 98.82 |
| CFO / OP % | 100.0% | 41.0% | 120.0% | 128.0% | 67.0% | 75.0% | 159.0% | 75.1% | 75.1% | 102.0% | 128.1% | 99.1% |
| Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 27 | 35 | 39 | 47 | 47 | 47 | 56 | 39 | 41 | 39 | 41 | 43 |
| Inventory days | 40 | 41 | 64 | 56 | 45 | 45 | 40 | 62 | 47 | 59 | 53 | 53 |
| Days payable | 82 | 65 | 101 | 128 | 94 | 82 | 126 | 101 | 80 | 85 | 88 | 96 |
| Cash conversion cycle | −15 | 10 | 2 | −25 | −2 | 10 | −29 | −1 | 8 | 14 | 6 | 0 |
| Working capital days | −26 | 7 | 0 | −12 | 0 | 8 | −19 | −7 | 0 | 3 | 1 | 0 |
| ROCE % | 34.1% | 34.1% | 30.0% | 27.0% | 19.0% | 13.0% | 21.0% | 18.1% | 25.0% | 22.0% | 13.1% | 17.0% |
For the Mar 2026 quarter, Goodyear India reported sales of ₹617 Cr, up 2.2% year on year and net profit of ₹9.71 Cr, up 99.0% year on year. The operating margin was 6.7%.
Goodyear India's sales for the year to Mar 2026 were ₹2,478 Cr; over the last twelve months they were ₹2,477 Cr.
Net profit for the year to Mar 2026 was ₹62.10 Cr, and ₹61.63 Cr over the last twelve months. Earnings per share over the same trailing period were ₹26.55.
Goodyear India reported borrowings of ₹27.03 Cr at Mar 2026, against cash and equivalents of ₹237 Cr.
Cash from operations was ₹112 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹98.82 Cr.