Apollo Tyres

Capacity Utilization [India] rose from 82% to 91% from Q1 FY26 to Q1 FY27 — domestic plants are running at peak efficiency.

EBIT Margin contracted from 9.0% to 8.4% from Q1 FY26 to Q1 FY27 — pricing pressure is squeezing operating profits.

Capacity Utilization [Europe] climbed from 88% to 94% from Q1 FY26 to Q1 FY27 — European demand recovery is driving higher output.

EBITDA Margin [Europe] fell from 10.8% to 8.9% from Q1 FY26 to Q1 FY27 — regional profitability is under strain despite higher utilization.

Net Debt to EBITDA improved from 0.7x to 0.4x from Q1 FY26 to Q1 FY27 — the balance sheet is leaner and less leveraged.

Raw Material Cost rose from 29,925 to 35,973 from Q1 FY26 to Q1 FY27 — input inflation is weighing on gross margins.

Revenue Mix [Truck & Bus] expanded from 42% to 53% from Q1 FY26 to Q1 FY27 — heavy commercial vehicle sales are gaining share.

Revenue Mix [Passenger Vehicle] dropped from 35% to 22% from Q1 FY26 to Q1 FY27 — consumer tire sales are losing ground to commercial segments.

ROCE increased from 10.5% to 13.3% from Q1 FY26 to Q1 FY27 — capital is being deployed more efficiently across operations.

EBITDA Margin slipped from 13.6% to 12.0% from Q1 FY26 to Q1 FY27 — overall cost headwinds are compressing operational returns.