Apollo Tyres reports 11.5% cut in Scope 1 and 2 emissions in FY26

2 min read     Updated on 06 Jul 2026, 12:43 PM
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Jubin VScanX News Team
AI Summary

Apollo Tyres Ltd filed its BRSR for FY26, revealing an 11.5% reduction in Scope 1 and 2 emissions and 43.9% renewable electricity usage. The company aims for Net Zero by FY50 and improved water withdrawal intensity by 30.3%. Independent assurance was provided by M/s. S.R. Batliboi & Co. LLP.

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Apollo Tyres Ltd filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 (FY26), disclosing an 11.5% reduction in absolute Scope 1 and Scope 2 emissions compared to the FY25 baseline. The company reported that renewable electricity constituted 43.9% of its total power consumption during the year, progressing towards its target of 50% by 2030. The filing, made to the stock exchanges, includes an Independent Practitioner’s Reasonable Assurance Report on identified sustainability information provided by M/s. S.R. Batliboi & Co. LLP, Chartered Accountants.

The company has committed to achieving Net Zero emissions by FY50 and has set a target to reduce absolute Scope 1 and 2 GHG emissions by 58.8% by FY35 from a FY25 base year. Additionally, Apollo Tyres aims to reduce Scope 3 GHG emissions by 37.5% by FY35 from the FY25 base year. The report highlights that the company recorded a 30.3% improvement in water withdrawal intensity during the year, advancing towards its FY30 target of a 40% improvement.

Operational and Workforce Metrics

The reporting boundary for FY26 was revised to exclude the workforce of PTL Enterprises Ltd., as it is a separate legal entity. As of the end of FY26, the company had a total workforce of 15,027, comprising 2,496 employees and 12,531 workers. Women accounted for 8.73% of the total employee strength and 5.27% of the total workforce. The company reported zero fatalities for employees and workers during the financial year.

Environmental Performance

Apollo Tyres implemented Zero Liquid Discharge (ZLD) mechanisms at its manufacturing facilities, ensuring no wastewater is discharged externally. The company fulfilled its Extended Producer Responsibility (EPR) obligation for 232 metric tonnes of plastic waste during FY26. In terms of product lifecycle, the company conducted Life Cycle Assessments for several products, including ENDURACE LD, AMAZER 4G, and ALNAC 4G.

Key Sustainability Targets and Progress

The following table outlines the company's key sustainability targets and progress for FY26:

Target Goal Progress/Status in FY26
Net Zero Achieve Net Zero by FY50 Ongoing commitment
Scope 1 & 2 Emissions Reduce 58.8% by FY35 (FY25 base) 11.5% reduction achieved in FY26
Renewable Electricity Source 50% by 2030 43.9% achieved in FY26
Water Intensity Improve 40% by FY30 (FY19 base) 30.3% improvement achieved in FY26
Sustainable Raw Material Use 40% by 2030 Ongoing initiatives

Governance and Assurance

The Business Responsibility and Sustainability Report (BRSR) undergoes annual scrutiny by the Business Responsibility and Sustainability Committee (BRSC). The independent assessment of the BRSR Core and Sustainability Report was carried out by M/s. S.R. Batliboi & Co. LLP. The assurance report confirmed that the identified sustainability information for the year ended March 31, 2026, was prepared in all material respects in accordance with the criteria, including Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Apollo Tyres

1 Day5 Days1 Month6 Months1 Year5 Years
+1.53%+8.25%+16.41%-9.97%-1.57%+99.02%

What specific capital expenditures or technological investments are required to bridge the gap from the current 43.9% to the 50% renewable electricity target by 2030?

How will the exclusion of PTL Enterprises Ltd. from the reporting boundary impact the comparability of future Scope 1 and 2 emissions data against the FY25 baseline?

What strategies will Apollo Tyres employ to accelerate the reduction of Scope 3 emissions, given that these are often the most difficult category to control?

Apollo Tyres declares ₹2.50 final dividend for FY26

2 min read     Updated on 04 Jul 2026, 09:09 AM
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Apollo Tyres Ltd has declared a final dividend of ₹2.50 per share for FY26, subject to shareholder approval at the AGM. The record date is July 10, 2026, and payment will be made electronically within 30 days of the AGM. The 53rd AGM will be held via video conference on July 29, 2026, with remote e-voting available from July 26 to July 28.

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Apollo Tyres Ltd has declared a final dividend of ₹2.50 per equity share, representing 250% of the face value of ₹1 each, for the financial year ended March 31, 2026. The Board of Directors recommended the payout at its meeting held on May 14, 2026. Shareholders holding shares as on the record date of July 10, 2026, will be eligible for the dividend, which is subject to approval at the upcoming Annual General Meeting (AGM).

The company announced that the dividend will be paid within 30 days from the date of the AGM. In compliance with SEBI directives effective from November 18, 2025, payments will be processed exclusively via electronic mode, discontinuing the use of dividend warrants or cheques. Shareholders have been advised to ensure their bank account details are updated in their demat accounts or physical folios to facilitate timely credit.

The 53rd AGM is scheduled to be held on Wednesday, July 29, 2026, at 3:00 PM IST via video conference. The meeting will be conducted without a physical venue in accordance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). Shareholders participating through the video conference will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

Remote e-voting facilities will be available to shareholders from July 26, 2026 (10:00 AM IST) to July 28, 2026 (5:00 PM IST). Shareholders holding shares in physical or dematerialized form as on the cut-off date of July 22, 2026, may cast their votes during this period or during the AGM. The facility is being provided by National Securities Depository Limited (NSDL).

Electronic copies of the AGM notice and the Annual Report for FY26 will be sent to shareholders whose email IDs are registered with the company, its Registrar and Transfer Agent (KFIN Technologies Ltd), or depository participants as on June 26, 2026. Physical copies of the report weblink will be dispatched to shareholders without registered email addresses. The documents will also be available on the company's website and the websites of BSE Ltd and National Stock Exchange of India Ltd.

Key AGM and Dividend Details

Event Date/Time
Record Date July 10, 2026
AGM Date July 29, 2026 (3:00 PM IST)
Remote E-Voting Start July 26, 2026 (10:00 AM IST)
Remote E-Voting End July 28, 2026 (5:00 PM IST)
E-Voting Cut-off Date July 22, 2026

Historical Stock Returns for Apollo Tyres

1 Day5 Days1 Month6 Months1 Year5 Years
+1.53%+8.25%+16.41%-9.97%-1.57%+99.02%

How will the shift to exclusively electronic dividend payments impact shareholder participation rates in the upcoming AGM?

What are the expected market reactions to Apollo Tyres' 250% dividend payout in terms of stock price movement?

How might the dividend payout affect Apollo Tyres' capital allocation strategy for the next financial year?

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