No challenge too tough..


Chairman's Message

In pursuit of enduring value

During the year of the pandemic, we left no stone unturned to ensure that we live by one of our core values – ‘Taking Responsibility’.

We have launched the Vision 2025 – ‘Driving Progress, Together’ – along with a new purpose and values to enable us to continue surging ahead, despite the challenges and adversities. I am confident that Team Apollo will continue to be firmly guided by its vision, purpose and values to take the company to new heights.
Onkar Kanwar
Chairman & Managing Director

Vice Chairman’s Message


Ahead with clear conviction

To take on the pandemic, we launched an internal global initiative – DRIVE (Discover new sales opportunities, Re-engineer Apollo, Inventory and production optimisation, Value of cash and Eliminate cost)
Neeraj Kanwar
Vice Chairman & Managing Director

Board of Directors

  • Onkar S Kanwar Chairman &
    Managing Director
  • Neeraj Kanwar Vice Chairman &
    Managing Director
  • Akshay Chudasama Regional Managing Partner, Shardul Amarchand Mangaldas & Co
  • Anjali Bansal Former Global Partner and MD, TPG Private Equity
  • Francesco Crispino Co-founder,
    Greater Pacific Capital
  • Francesco Gori Former CEO, Pirelli Tyre
  • Gen. Bikram Singh (Retd.) Former Chief of Indian Army
  • Pallavi S Shroff Regional Managing Partner, Shardul Amarchand Mangaldas & Co
  • Robert Steinmetz Former Chief of International Business, Continental AG
  • Satish Sharma President (APMEA) and Whole-time Director
  • Sunam Sarkar President & Chief Business Officer, Apollo Tyres Holdings (Singapore) Pte Ltd
  • Vikram S Mehta Former Chairman,
    Shell Group of Companies
  • Vinod Rai Ex-Comptroller and
    Auditor General of India
  • Vishal Mahadevia Managing Director, Head of India, Warburg Pincus

Highlights FY21


169.55 Bn

Net Profit

3.50 Bn

EBITDA (excluding other income)

27.97 Bn

Capital Expenditure Outflow

11.90 Bn

EBIT (including other income)

16.12 Bn


3.3 %

Net Debt/ EBITDA (excluding other income)

1.5 %

Net Debt/EBIT (including other income)

2.6 %

Five-Year Summary




169.55 Bn

Net Profit

3.50 Bn

EBITDA (excluding other income) Margin

16.50 %

Net Profit Margin

2.07 %

Vision and Values




We have reshaped our values and simplified them to all-encompassing three that sit at the heart of Apollo Tyres Ltd.

1. Following Our Passion

We champion ideas that inspire us to think big, be brave and challenge the ordinary

2. One Family

We create an exclusive culture that brings our people, partners community together

3. Taking Responsibility

We are committed to building a responsible and sustainable business that benefits society

About Us

Driving Progress, Together.

Apollo Tyres Ltd is an international tyre manufacturer and the leading tyre brand in India. It is built around the core principles of creating stakeholder value through reliability in its products and dependability in its relationships. The company has a total of 7 manufacturing units -- 5 in India and 1 each in the Netherlands and Hungary.

The company markets its products under its two global brands – Apollo and Vredestein, and its products are available in over 100 countries through a vast network of branded, exclusive and multi-product outlets. The product portfolio of the company includes the entire range of passenger car, SUV, MUV, light truck, truck-bus, two-wheeler, agriculture, industrial, specialty, bicycle and off-the-road tyres, and retreading material and tyres.