Goodyear India Ltd Stock Price Today (NSE: GOODYEAR)

Goodyear India Ltd

799.00+1.05 (+0.13%)
Market Closed

Fundamental Score

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Goodyear India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Goodyear India Ltd share price today is 799.00, up +0.13% on NSE/BSE as of 21 April 2026. Goodyear India Ltd (GOODYEAR) is a Small-cap company in the Tyres & Rubber Products sector with a market capitalisation of 2.01K (Cr). The 52-week high for GOODYEAR share price is N/A and the 52-week low is N/A. At a P/E ratio of 48.30x, GOODYEAR is currently trading above its industry average P/E of 30.93x. The company has a Return on Equity (ROE) of 9.31% and a debt-to-equity ratio of 0.05.

Goodyear India Ltd Share Price Chart — NSE/BSE Historical Performance

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Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹799.00— Analysis below may reference an earlier price snapshot.

Goodyear Share Price: A Financial Stability Analysis

The tyre and rubber products industry is currently navigating a complex landscape characterized by fluctuating raw material costs and evolving consumer preferences, particularly the growing demand for electric vehicle tyres. This analysis delves into the financial stability of Goodyear India Ltd, with a focus on its share price, currently at ₹869.4, and key financial ratios. A primary focus is to provide an objective, data-driven observational overview.

Goodyear share price's current valuation reflects a Price-to-Earnings (PE) ratio of 48.3. This is substantially higher than some of its peers and indicates that investors may have high expectations for future earnings growth. Further investigation is needed to understand if such a high PE is justified in light of the company's current performance and market outlook. A comparison with peers, such as MRF Ltd, is crucial. While both companies operate in the same sector, perceptions of management quality and brand strength, as seen in the market valuation of MRF, can significantly impact investor sentiment and, consequently, the respective share prices.

The company's Return on Capital Employed (ROCE) of 13.01% is a key indicator of its efficiency in utilizing capital to generate profits. A consistent ROCE above the cost of capital contributes to a company's economic moat, or its competitive advantage. In Goodyear's case, a 13.01% ROCE suggests a reasonable ability to generate returns. However, monitoring this metric is crucial. Any decline in ROCE could erode its competitive positioning and potentially impact the Goodyear share price negatively.

Finally, this analysis is part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, and aims to provide an unbiased perspective on Goodyear India Ltd's financial health. The analysis considers publicly available data and uses observational language to discuss financial ratios and market dynamics.

Analysis by Sweta Mishra
SEBI Registered Research Analyst

Goodyear India Ltd — Last 10 Trading Days

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AI Research Briefing

Powered by Gemini · 2026-04-13

Goodyear India's margin recovery is encouraging, but muted revenue growth and premium valuation warrant caution.

Research Confidence
6.0/10Moderate
TURNAROUNDConsolidation - 1M: -11.29%, 3M: -11.97%, 6M: -6.34%Expensive - P/E of 48.3x vs Industry P/E of 30.93x

WHAT'S HAPPENING NOW (last 2-4 weeks):

No major catalysts found after live search. Recent news indicates a sequential recovery in profitability for Q3 FY26, with net profit surging 88.48% QoQ to ₹24.63 Cr, despite revenue remaining largely flat. The company's operating margins expanded to 6.95% from 4.50% in the previous quarter.

� CORE STORY (THE REAL GAME):

Goodyear India is a play on the replacement tyre market and rural demand, specifically for tractor tyres. The market is pricing in a recovery in demand and improved margins.

Why Now
  • Margin expansion in Q3 FY26
  • Profitability recovery in Q3 FY26
  • Potential for rural demand recovery
Potential Catalysts
  • Stronger than expected rural demand
  • Further margin expansion
  • New product launches
Key Risks
  • Small-cap liquidity risk
  • Premium valuation
  • Muted revenue growth
Institutional Activity

FII holdings decreased by 0.18%. DII holdings decreased by 0.03%.

Macro Context

Tyre industry growth is linked to automotive demand and infrastructure expansion.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹453.92 Cr

3–6 Month Outlook

Monitor revenue growth and margin sustainability over the next 3-6 months. A good monsoon and pick-up in rural demand are key to the investment thesis.

Primary Thesis Risk

Failure to sustain margin recovery and improve revenue growth will lead to valuation correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

9.31%
Poor

ROCE

13.01%
Poor

OPM (5Y)

7.17%
Good

Div Yield

2.75%

Goodyear India Ltd Valuation Check

Poor

P/E Ratio

48.30x
Poor

Industry P/E

30.93x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter

74.00%
Poor

FII

0.41%
Average

DII

8.03%
Excellent

Pledged

0.00%

Growth Engine

Poor

Profit Growth (Q)

-16.96%
Poor

Sales Growth (Q)

-12.57%
Poor

Sales Growth (5Y)

8.36%
Poor

EPS Growth (5Y)

-9.10%
Poor

Profit Growth (5Y)

-9.10%

Balance Sheet Health

Excellent

Debt to Equity

0.05x
Excellent

Int. Coverage

11.51x

Free Cash Flow (5Y)

453.92 (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Goodyear India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GOODYEAR across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Conservative Debt Levels (D/E: 0.05)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (11.51x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹453.92 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (74.00%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (9.31%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 48.30x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-16.96%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-12.57%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-9.10% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-9.10% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Limited Institutional Interest (FII+DII: 8.44%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Peer Comparison - Tyres & Rubber Products

Compare Goodyear India Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
28.5/100
799
₹2005.71
48.3
Average
9.31%
Poor
13.01%
Average
0.1
Excellent
-9.10%
Poor
8.36%
Good
2.75%
MRF Ltd...
MRF500290
34.8/100
139495
₹64647.81
34.9
Average
10.62%
Average
0.00%
Poor
0.2
Excellent
0.00%
Average
0.00%
Average
0.00%
49.8/100
2305
₹44481.27
32.2
Average
15.78%
Good
0.00%
Poor
0.3
Excellent
0.00%
Average
0.00%
Average
0.00%
47.4/100
442
₹32809.40
25.0
Average
8.61%
Poor
0.00%
Poor
0.3
Excellent
0.00%
Average
0.00%
Average
0.00%
CEAT Ltd...
CEATLTD500878
57.6/100
3801
₹15523.56
29.6
Average
11.77%
Average
0.00%
Poor
0.7
Good
0.00%
Average
0.00%
Average
0.00%
53.7/100
424
₹12325.40
22.6
Average
11.07%
Average
0.00%
Poor
0.9
Good
0.00%
Average
0.00%
Average
0.00%
30.4/100
3958
₹3626.53
148.8
Average
2.35%
Poor
0.00%
Poor
0.7
Good
0.00%
Average
0.00%
Average
0.00%
31.5/100
113
₹586.75
16.1
Average
18.20%
Good
0.00%
Poor
0.1
Excellent
0.00%
Average
0.00%
Average
0.00%
14.7/100
94
₹345.19
56.6
Average
2.86%
Poor
0.00%
Poor
0.0
Excellent
0.00%
Average
0.00%
Average
0.00%
52.8/100
130
₹279.60
16.6
Average
2.89%
Poor
0.00%
Poor
0.0
Excellent
0.00%
Average
0.00%
Average
0.00%
43.6/100
85
₹201.48
22.7
Average
10.09%
Average
0.00%
Poor
0.9
Good
0.00%
Average
0.00%
Average
0.00%

Goodyear India Ltd Financial Statements

Comprehensive financial data for Goodyear India Ltd including income statement, balance sheet and cash flow

About GOODYEAR (Goodyear India Ltd)

Goodyear India Ltd is a prominent player in the Indian Tyre & Rubber Products industry, recognized for its enduring legacy and commitment to quality. With a strong foothold in both... domestic and international markets, the company specializes in manufacturing and distributing a comprehensive range of tyres under the esteemed Goodyear brand. These tyres cater to a diverse spectrum of vehicles, encompassing everything from robust commercial trucks navigating challenging terrains to sleek passenger cars cruising city streets, as well as specialized tyres for agricultural machinery. Beyond tyres, Goodyear India also produces essential accessories like tubes and flaps, bolstering its position as a comprehensive solution provider in the automotive sector. Goodyear India distinguishes itself through a customer-centric approach, serving a wide array of clients that include original equipment manufacturers (OEMs) seeking reliable tyre solutions for their tractors and passenger vehicles. The company also directly addresses the needs of individual car owners, fleet operators managing extensive vehicle deployments, and export markets eager for Goodyear's trusted products. This diverse client base is further supported by ancillary buyers requiring high-quality tubes and flaps for various applications. By consistently delivering products that meet stringent quality standards and performance expectations, Goodyear India has cultivated lasting relationships with its stakeholders. Rooted in a rich history that stretches back to its founding in 1898, Goodyear India operates from its headquarters in Gurugram, India, strategically positioning itself to effectively serve its widespread customer network. This heritage, combined with a forward-looking approach to innovation and sustainability, allows Goodyear India to remain at the forefront of the Tyre & Rubber Products industry. The company continually invests in research and development to adapt to evolving market demands, ensuring that its products not only meet but exceed the expectations of modern drivers and businesses alike, solidifying its position as a leader in the Indian automotive landscape.

Company Details

Symbol:GOODYEAR
Industry:Tyres & Rubber Products
Sector:Tyres & Rubber Products

Key Leadership

Mr. Arvind Bhandari
MD & Chairman
Ms. Varsha Chaudhary Jain
Whole Time Director and Head Legal & Compliance – India
Mr. Santosh Kumar
VP Consumer PBU – India

GOODYEAR Share Price: Frequently Asked Questions

What is the current share price of Goodyear India Ltd?

As of 21 Apr 2026, 10:05 am IST, Goodyear India Ltd share price is ₹799.00. The Goodyear India Ltd stock has a market capitalisation of ₹2.01K (Cr) on NSE/BSE.

Is Goodyear India Ltd share price Overvalued or Undervalued?

Goodyear India Ltd share price is currently trading at a P/E ratio of 48.30x, compared to the industry average of 30.93x. Based on this relative valuation, the Goodyear India Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of Goodyear India Ltd share price?

The 52-week high of Goodyear India Ltd share price is ₹N/A and the 52-week low is ₹N/A. These values are updated daily from NSE/BSE price data.

What factors affect the Goodyear India Ltd share price?

Key factors influencing Goodyear India Ltd share price include quarterly earnings growth (Sales Growth: -12.57%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is Goodyear India Ltd a good stock for long-term investment?

Goodyear India Ltd shows a 5-year Profit Growth of -9.10% and an ROE of 9.31%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.05 before investing in Goodyear India Ltd shares.

How does Goodyear India Ltd compare with its industry peers?

Goodyear India Ltd competes with major peers in the Tyres & Rubber Products. Investors should compare Goodyear India Ltd share price P/E of 48.30x and ROE of 9.31% against the industry averages to determine competitive standing.

What is the P/E ratio of Goodyear India Ltd and what does it mean?

Goodyear India Ltd share price has a P/E ratio of 48.30x compared to the industry average of 30.93x. Investors pay ₹48 for every ₹1 of annual earnings.

How is Goodyear India Ltd performing according to Bull Run's analysis?

Goodyear India Ltd has a Bull Run fundamental score of 28.5/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does Goodyear India Ltd belong to?

Goodyear India Ltd operates in the Tyres & Rubber Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Goodyear India Ltd share price.

What is Return on Equity (ROE) and why is it important for GOODYEAR?

GOODYEAR has an ROE of 9.31%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Goodyear India Ltd generates profits from shareholders capital.

How is GOODYEAR debt-to-equity ratio and what does it indicate?

GOODYEAR has a debt-to-equity ratio of 0.05, which indicates conservative financing with low financial risk.

What is GOODYEAR dividend yield and is it a good dividend stock?

GOODYEAR offers a dividend yield of 2.75%, meaning you receive ₹2.75 annual dividend for every ₹100 invested in Goodyear India Ltd shares.

How has GOODYEAR share price grown over the past 5 years?

GOODYEAR has achieved 5-year growth rates of: Sales Growth 8.36%, Profit Growth -9.10%, and EPS Growth -9.10%.

What is the promoter holding in GOODYEAR and why does it matter?

Promoters hold 74.00% of GOODYEAR shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Goodyear India Ltd.

What is GOODYEAR market capitalisation category?

GOODYEAR has a market capitalisation of ₹2006 crores, placing it in the Small-cap category.

How volatile is GOODYEAR stock?

GOODYEAR has a beta of N/A. A beta > 1 suggests the Goodyear India Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is GOODYEAR operating profit margin trend?

GOODYEAR has a 5-year average Operating Profit Margin (OPM) of 7.17%, indicating the company's operational efficiency.

How is GOODYEAR quarterly performance?

Recent quarterly performance shows Goodyear India Ltd YoY Sales Growth of -12.57% and YoY Profit Growth of -16.96%.

What is the institutional holding pattern in GOODYEAR?

GOODYEAR has FII holding of 0.41% and DII holding of 8.03%. Significant institutional holding often suggests professional confidence in the Goodyear India Ltd stock.