Apollo Tyres Targets Double-Digit Growth with GST Cut, Cricket Sponsorship, and Strategic Initiatives
Apollo Tyres targets double-digit revenue growth, supported by potential GST rate reduction and a ₹579 crore deal to sponsor the Indian cricket team's jersey until March 2028. The sponsorship covers 121 bilateral games and 21 ICC matches for both men's and women's teams across all formats. The company expects this partnership to boost brand visibility and consumer trust in India and global cricket markets. Apollo Tyres also announced participation in the 'Saksham Niveshak Campaign' to update shareholder KYC details.

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Apollo Tyres , a leading player in the Indian tyre industry, has set ambitious goals and made strategic moves to boost its growth and brand visibility.
Growth Targets and GST Impact
Apollo Tyres is aiming for double-digit revenue growth in the coming years, driven by stronger domestic demand and a potential GST rate reduction on tyres from 28% to 18%. Neeraj Kanwar, Vice Chairman and Managing Director, has stated that the company will pass the full GST benefit to customers, which is expected to lower vehicle maintenance costs and stimulate demand.
Landmark Cricket Sponsorship Deal
The company has secured a ₹579.00 crore deal to become the Indian cricket team's jersey sponsor through March 2028. This agreement covers 121 bilateral games and 21 ICC matches, replacing the previous sponsor, Dream11.
Deal Highlights
Aspect | Details |
---|---|
Contract Value | ₹579.00 crore |
Duration | Two and a half years (September 16, 2025 - March 2028) |
Coverage | Men's and women's jerseys across all formats |
Matches Included | 121 bilateral fixtures and 21 ICC matches |
This partnership aims to strengthen consumer trust and enhance brand visibility in India, where Apollo generates 65% of its revenues, and across global cricket markets.
Strategic Importance
Neeraj Kanwar emphasized the synergy between Apollo Tyres and Team India, describing the collaboration as "one institution partnering with another." This move is expected to significantly boost Apollo's brand presence in the cricketing world and potentially open up new markets for the company.
Market Position and Performance
Apollo Tyres currently has a market capitalization of ₹30,732.00 crore, with shares trading at ₹483.60. The company's stock has seen a 5% decline over the past year.
Corporate Governance Initiative
In a separate development, Apollo Tyres has published a notice regarding the "Saksham Niveshak Campaign" initiated by the Investor Education and Protection Fund Authority (IEPFA). This 100-day campaign, running from July 28, 2025, to November 6, 2025, aims to update KYC details and engage shareholders to prevent the transfer of unpaid/unclaimed dividends to the IEPF Authority.
Looking Ahead
As Apollo Tyres embarks on these strategic initiatives, the company is poised for an exciting period of growth and increased visibility. The combination of potential GST benefits, high-profile cricket sponsorship, and focus on corporate governance demonstrates Apollo's multifaceted approach to driving business growth and enhancing shareholder value in the coming years.
Historical Stock Returns for Apollo Tyres
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.28% | +0.90% | +3.80% | +17.56% | -5.64% | +268.86% |