Goodyear India Ltd

Goodyear India Ltd

Next 500 2024
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OVERVIEW
FINANCIALS

About

Goodyear India Limited, a subsidiary of The Goodyear Tire & Rubber Company, is a leading tire manufacturer in India. The company produces a wide range of tires for passenger vehicles, commercial vehicles, and farm equipment. Goodyear India focuses on innovation and technology to deliver high-performance products, maintaining a strong presence in both OEM and replacement markets.

Incorporation Year: 1961
Headquarters: Gurugram, Haryana, India
Top Management: Sandeep Mahajan (Chairman and Managing Director)
Industry: Capital Goods
Website: goodyear.co.in

Featured In Fortune India Ranking

Next 500 India
Next 500 India
#77(2024)#21(2023)#28(2022)#24(2021)#39(2020)#64(2019)#67(2018)#78(2017)#16(2016)#35(2015)
#77(2024)#21(2023)#28(2022)#24(2021)#39(2020)#64(2019)#67(2018)#78(2017)#16(2016)#35(2015)

Financial Data 2024

Revenue
2,585
(INR Cr)
Net Operating Income
2,552
(INR Cr)
Assets
619
(INR Cr)
Profit
95
(INR Cr)
Net Worth
579
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162014201320122011201020092008
Revenue
(INR Cr)
2585
-11.7%
2926
11.8%
2616
46.8%
1782
1.1%
1762
-9.5%
1947
14.0%
1708
9.1%
1566
-11.6%
1773
7.8%
1644
2.5%
1605
6.8%
1503
-2.5%
1541
16.8%
1320
31.8%
1001
6.1%
944
-
Net Operating Income
(INR Cr)
2552
-12.84%
2928
20.19%
2436
35.94%
1792
2.64%
1746
-8.70%
1912
14.85%
1665
10.11%
1512
-12.63%
1730
9.32%
1583
0.90%
1569
5.90%
1481
-2.12%
1513
16.67%
1297
27.62%
1016
10.50%
920
3.36%
Profit
(INR Cr)
95
-22.8%
123
19.4%
103
-24.5%
136
53.4%
89
-13.0%
102
-21.5%
130
2.0%
127
6.4%
120
18.3%
101
7.6%
94
67.0%
56
-12.8%
65
-13.7%
75
2.4%
73
127.1%
32
-
Assets
(INR Cr)
619
-4.3%
646
-14.9%
759
-13.5%
878
-8.2%
957
7.6%
889
8.0%
823
12.9%
729
14.8%
635
22.2%
519
16.4%
446
19.7%
373
11.5%
334
23.5%
271
26.0%
215
33.6%
161
-
Net Worth
(INR Cr)
579
-4.0%
603
-15.3%
712
-14.9%
837
-8.3%
913
5.6%
864
8.1%
799
13.5%
704
15.2%
611
23.7%
494
17.5%
421
19.9%
351
12.0%
313
17.2%
268
26.5%
212
34.5%
157
11.3%
Employee Cost
(INR Cr)
183
6.8%
171
4.9%
163
17.5%
139
-0.6%
140
10.3%
127
-0.2%
127
4.7%
121
-13.0%
139
38.6%
101
14.6%
88
8.7%
81
11.0%
73
30.9%
56
14.4%
49
15.8%
42
-
Interest Cost
(INR Cr)
4443433333245443
Cash & Bank Balance
(INR Cr)
12416339059754655957745333436531723824921815955
Total Debt
(INR Cr)
71017151500000000000

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162014201320122011201020092008
Profit As % Of Revenues 3.7%4.2%3.9%7.7%5.0%5.2%7.6%8.1%6.8%6.2%5.9%3.8%4.2%5.7%7.3%3.4%
Profit As % Of Assets 15.3%19.0%13.6%15.5%9.3%11.5%15.8%17.5%18.9%19.5%21.1%15.1%19.3%27.6%34.0%20.0%
Profit As % Of Networth 16.4%20.4%14.5%16.3%9.7%11.8%16.3%18.1%19.6%20.5%22.4%16.1%20.6%28.0%34.6%20.5%
Interest Cost to EBITDA % 2.5%1.9%2.4%1.6%2.9%1.8%1.4%1.7%1.7%2.2%1.6%4.2%4.9%3.4%3.2%6.0%
Debt to Equity Ratio 0.010.020.020.020.02-----------
RONW 16.1%18.7%13.3%15.6%10.0%12.3%17.3%19.4%17.3%22.1%24.4%17.0%22.2%31.2%39.6%21.6%
ROCE 21.0%24.2%17.5%20.4%13.1%18.9%26.2%29.3%26.1%32.7%35.4%25.2%33.9%47.9%62.5%37.2%