Apollo Tyres Limited on May 14, 2026, announced a final dividend of ₹2.50 per equity share for the financial year ended March 31, 2026, following its board meeting that also approved the company's full-year financial results. The announcement was submitted to NSE at 16:24 IST, hours after the results outcome was disclosed.

Total FY26 Dividend Payout

The final dividend of ₹2.50 per share is the second distribution to shareholders this fiscal year. The Apollo Tyres board had earlier declared an interim dividend of ₹3.50 per equity share on February 4, 2026, bringing the total FY26 payout to ₹6.00 per share. At the current market price of ₹403.95, this translates to a total dividend yield of approximately 1.48% for FY26, with the final dividend alone yielding around 0.62%.

Year-on-Year Comparison

The FY26 final dividend of ₹2.50 per share marks a 50% decline compared to the FY25 final dividend of ₹5.00 per share, which was recommended on May 14, 2025. However, the FY26 total payout of ₹6.00 per share, factoring in the interim dividend, exceeds the standalone FY25 final payout. The company did not declare an interim dividend in FY25, making a like-for-like comparison nuanced. Investors should note the shift in Apollo Tyres' distribution strategy toward a two-tranche payout structure in FY26.

Dividend History and Trend

Apollo Tyres has maintained a consistent dividend track record over the past decade. Key payouts from the historical record are as follows:

The data reflects a broad upward trajectory in per-share payouts from ₹3.00 in FY17 to ₹6.00 in FY26, indicating growing shareholder returns over the period.

Market Context and Valuation

Apollo Tyres shares closed at ₹403.95 on May 14, 2026, up ₹7.50 or 1.89% on the day. The stock is trading at a PE ratio of 27.21, which is at a premium to the sector PE of 24.25, suggesting the market currently prices the stock above its peer group average in the auto ancillary and transportation segment.

The stock's 52-week range spans ₹392.05 to ₹540.50. The 52-week low of ₹392.05 was recorded on March 16, 2026, while the high of ₹540.50 was hit on November 14, 2025. At the current price of ₹403.95, the stock is trading just 3.03% above its 52-week low and approximately 25.26% below its 52-week peak, indicating the stock remains under significant pressure from its highs.

Delivery Data and Investor Participation

On the day of the announcement, Apollo Tyres recorded a delivery percentage of 64.57% against a total traded volume of 14,39,271 shares. A delivery percentage above 60% is generally considered indicative of positional buying rather than intraday activity, suggesting that a meaningful portion of market participants were building or holding longer-term positions on the results and dividend announcement day. The company's market capitalisation stands at ₹25,654.90 Cr.

Apollo Tyres is a constituent of several key NSE indices including NIFTY MIDCAP 150, NIFTY 500, NIFTY LARGEMIDCAP 250, and NIFTY TRANSPORTATION AND LOGISTICS, reflecting its standing as a mid-to-large cap player in the domestic tyre manufacturing sector. The record date and payment date for the final dividend are yet to be announced by the company.