Income Statement Goodyear India Limited

Stocks

GOODYEAR

INE533A01012

Tires & Rubber Products

Market Closed - Bombay S.E. Other stock markets 11:00:52 17/07/2026 BST			5-day change	1st Jan Change
817.05 ^INR	-0.11%		+3.75%	-3.72%

07-01	Goodyear India Limited Introduces Ultra Grip Tractor Tire	CI
06-02	Goodyear India Limited Announces Appointment of Arvind Bhandari as Chairman of the Board, Effective June 2, 2026	CI

569aaf.xQlGIjZbQGxgnb8Yp8PsGSkGvzAq8tPs_FjjbH91GW0.tGIPdl1tEg416ewg7ISCT3gwxQQaxIOGs2CyVUxFWwfoQB5kUREmHlT60A

Published financial data: GOODYEAR INDIA LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	17.92B	24.36B	29.28B	25.52B	26.08B
Other Revenues, Total	10M	9.1M	4.2M	4.5M	6.4M
Total Revenues	17.93B	24.37B	29.28B	25.52B	26.09B
Cost of Goods Sold, Total	12B	17.67B	22.14B	18.64B	19.41B
Gross Profit	5.93B	6.69B	7.14B	6.88B	6.67B
Selling General & Admin Expenses, Total	1.51B	1.8B	1.86B	2B	2.17B
Depreciation & Amortization - (IS)	528M	527M	540M	553M	548M
Other Operating Expenses	2.22B	3.16B	3.18B	3.16B	3.32B
Other Operating Expenses, Total	4.26B	5.48B	5.59B	5.71B	6.04B
Operating Income	1.66B	1.21B	1.55B	1.17B	630M
Interest Expense, Total	-34.2M	-41.2M	-38.7M	-42.4M	-46.8M
Interest And Investment Income	184M	162M	95.3M	118M	70.1M
Net Interest Expenses	150M	121M	56.6M	76M	23.3M
Currency Exchange Gains (Loss)	-2.2M	-9.6M	-13.7M	-6.7M	-3.5M
Other Non Operating Income (Expenses)	27.3M	44M	59.3M	46M	98.7M
EBT, Excl. Unusual Items	1.84B	1.37B	1.65B	1.28B	748M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-12.3M	-1.1M	-4.5M	-1.8M	-1.2M
Other Unusual Items	4.1M	16.3M	3.9M	800K	-
EBT, Incl. Unusual Items	1.83B	1.38B	1.65B	1.28B	747M
Income Tax Expense	469M	356M	425M	332M	196M
Earnings From Continuing Operations	1.36B	1.03B	1.23B	948M	551M
Net Income to Company	1.36B	1.03B	1.23B	948M	551M
Net Income - (IS)	1.36B	1.03B	1.23B	948M	551M
Net Income to Common Incl Extra Items	1.36B	1.03B	1.23B	948M	551M
Net Income to Common Excl. Extra Items	1.36B	1.03B	1.23B	948M	551M
Per Share Items
Net EPS - Basic	59.07	44.61	53.26	41.12	23.9
Basic EPS - Continuing Operations	59.07	44.61	53.26	41.12	23.9
Basic Weighted Average Shares Outstanding	23.07M	23.07M	23.07M	23.07M	23.07M
Net EPS - Diluted	59.07	44.61	53.26	41.12	23.9
Diluted EPS - Continuing Operations	59.07	44.61	53.26	41.12	23.9
Diluted Weighted Average Shares Outstanding	23.07M	23.07M	23.07M	23.07M	23.07M
Normalized Basic EPS	49.85	37.1	44.83	34.72	20.27
Normalized Diluted EPS	49.85	37.1	44.83	34.72	20.27
Dividend Per Share	98	20	26.5	15	23.9
Payout Ratio	156.9	39.76	37.16	64.48	62.77
Supplemental Items
EBITDA	2.13B	1.67B	2.03B	1.67B	1.13B
EBITA	1.66B	1.21B	1.55B	1.17B	630M
EBIT	1.66B	1.21B	1.55B	1.17B	630M
EBITDAR	2.17B	1.7B	2.08B	1.72B	1.19B
Total Revenues (As Reported)	18.14B	24.59B	29.44B	25.69B	26.26B
Effective Tax Rate - (Ratio)	25.61	25.68	25.71	25.92	26.19
Total Current Taxes	480M	370M	428M	355M	163M
Total Deferred Taxes	-11.2M	-14.8M	-3.1M	-22.9M	32.6M
Normalized Net Income	1.15B	856M	1.03B	801M	468M
Interest on Long-Term Debt	13M	13.5M	9.3M	6.3M	16.1M
Non-Cash Pension Expense	15M	15.3M	18.2M	19.8M	19.1M
Supplemental Operating Expense Items
Advertising Expense	84.4M	135M	106M	123M	186M
Selling and Marketing Expenses	84.4M	135M	106M	123M	186M
Research And Development Expense From Footnotes	3.4M	2.6M	800K	7.2M	6M
Net Rental Expense, Total	39.5M	29M	46.3M	50M	61.2M
Imputed Operating Lease Interest Expense	73.67M	61.35M	110M	207M	127M
Imputed Operating Lease Depreciation	-34.17M	-32.35M	-63.25M	-157M	-65.95M
Maintenance & Repair Expenses, Total	223M	260M	257M	243M	239M
Stock-Based Comp., SG&A Exp. (Total)	3.1M	-400K	1.6M	3M	1.6M
Total Stock-Based Compensation	3.1M	-400K	1.6M	3M	1.6M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	3.83B	1.86B	1.48B	1.19B	1.9B
Short Term Investments	2.1B	2B	101M	-	-
Total Cash And Short Term Investments	5.93B	3.86B	1.58B	1.19B	1.9B
Accounts Receivable, Total	2.71B	2.5B	3.22B	2.68B	2.83B
Other Receivables	119M	120M	135M	123M	132M
Notes Receivable	-	-	4.5M	2.9M	5.6M
Total Receivables	2.83B	2.62B	3.36B	2.81B	2.97B
Inventory	1.33B	3.01B	2.86B	3.04B	2.86B
Prepaid Expenses	37.5M	46.7M	54.4M	69.3M	83.9M
Other Current Assets, Total	82.5M	98.1M	82.2M	77.2M	99.4M
Total Current Assets	10.21B	9.64B	7.94B	7.19B	7.91B
Gross Property Plant And Equipment	5.7B	6.28B	7.38B	7.78B	8.16B
Accumulated Depreciation	-2.42B	-2.78B	-3.2B	-3.7B	-4.12B
Net Property Plant And Equipment	3.28B	3.5B	4.18B	4.08B	4.04B
Other Intangibles, Total	1.8M	1.5M	1.2M	900K	600K
Deferred Tax Assets Long-Term	-	3.5M	10.7M	27.2M	-
Other Long-Term Assets, Total	413M	508M	479M	497M	490M
Total Assets	13.91B	13.65B	12.61B	11.79B	12.44B
Liabilities
Accounts Payable, Total	4.05B	4.83B	4.79B	4.27B	4.64B
Accrued Expenses, Total	316M	390M	413M	447M	399M
Current Portion of Leases	29M	67.6M	48.7M	35.3M	38.4M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	11.2M	4.8M	-	-	-
Other Current Liabilities	728M	830M	942M	894M	777M
Total Current Liabilities	5.14B	6.12B	6.2B	5.64B	5.85B
Long-Term Leases	116M	99M	46.4M	33.6M	253M
Pension & Other Post Retirement Benefits	240M	279M	311M	305M	294M
Deferred Tax Liability Non Current	16.6M	-	-	-	8.7M
Other Non Current Liabilities	2M	200K	-	-	-
Total Liabilities	5.51B	6.5B	6.55B	5.98B	6.41B
Common Stock, Total	231M	231M	231M	231M	231M
Additional Paid In Capital	631M	631M	631M	631M	631M
Retained Earnings	7.51B	669M	5.17B	4.93B	5.14B
Comprehensive Income and Other	27.2M	5.62B	27.2M	27.2M	27.2M
Total Common Equity	8.4B	7.15B	6.06B	5.81B	6.03B
Total Equity	8.4B	7.15B	6.06B	5.81B	6.03B
Total Liabilities And Equity	13.91B	13.65B	12.61B	11.79B	12.44B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	23.07M	23.07M	23.07M	23.07M	23.07M
ECS Total Common Shares Outstanding	23.07M	23.07M	23.07M	23.07M	23.07M
Book Value / Share	363.98	309.9	262.64	252.08	261.4
Tangible Book Value	8.39B	7.15B	6.06B	5.81B	6.03B
Tangible Book Value Per Share	363.9	309.83	262.58	252.04	261.37
Total Debt	145M	167M	95.1M	68.9M	292M
Net Debt	-5.79B	-3.69B	-1.48B	-1.12B	-1.61B
Debt Equivalent of Unfunded Proj. Benefit Obligation	230M	268M	291M	293M	302M
Debt Equivalent Oper. Leases	316M	232M	370M	400M	490M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	569M	628M	624M	620M	611M
Inventories - Work In Process, Total	89.2M	119M	116M	146M	145M
Inventories - Finished Goods, Total	460M	2.01B	1.83B	1.96B	1.78B
Inventories - Others	214M	257M	293M	319M	324M
Land - (BS)	17.3M	17.3M	17.3M	17.3M	17.3M
Buildings, Total	552M	586M	664M	719M	749M
Machinery, Total	4.74B	5.09B	5.9B	6.43B	6.68B
Full Time Employees	927	938	969	974	949
Accumulated Allowance for Doubtful Accounts (Supple)	18.8M	16.3M	18.2M	17.4M	19M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	1.36B	1.03B	1.23B	948M	551M
Depreciation & Amortization - CF	527M	526M	540M	553M	547M
Depreciation & Amortization, Total	527M	526M	540M	553M	547M
Amortization of Deferred Charges, Total - (CF)	400K	300K	300K	300K	300K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	12.3M	1.1M	4.5M	1.8M	1.2M
Provision and Write-off of Bad Debts	4.9M	1.2M	2.3M	-	1.6M
Other Operating Activities, Total	-199M	-156M	-59.1M	-122M	-11.7M
Change In Accounts Receivable	-516M	210M	-718M	538M	-151M
Change In Inventories	166M	-1.68B	147M	-182M	185M
Change In Accounts Payable	1.39B	792M	-36.1M	-528M	374M
Change in Other Net Operating Assets	186M	167M	13.1M	139M	-186M
Cash from Operations	2.94B	893M	1.12B	1.35B	1.31B
Capital Expenditure	-441M	-734M	-1.11B	-548M	-240M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	1.08B	101M	1.9B	101M	-
Other Investing Activities, Total	231M	134M	117M	109M	70.3M
Cash from Investing	869M	-500M	906M	-338M	-170M
Long-Term Debt Repaid, Total	-57.9M	-71M	-62.5M	-47.2M	-50.3M
Total Debt Repaid	-57.9M	-71M	-62.5M	-47.2M	-50.3M
Common Dividends Paid	-2.14B	-409M	-457M	-612M	-346M
Common & Preferred Stock Dividends Paid	-2.14B	-409M	-457M	-612M	-346M
Special Dividend Paid	-	-1.85B	-1.85B	-600M	-
Other Financing Activities, Total	-35.3M	-39.4M	-43M	-39.9M	-36.6M
Cash from Financing	-2.23B	-2.36B	-2.41B	-1.3B	-433M
Net Change in Cash	1.58B	-1.97B	-380M	-288M	709M
Supplemental Items
Cash Interest Paid	35.3M	39.4M	43M	39.9M	29.5M
Cash Income Tax Paid (Refund)	510M	389M	424M	390M	182M
Levered Free Cash Flow	2.43B	-21.4M	-111M	527M	868M
Unlevered Free Cash Flow	2.45B	4.35M	-86.58M	554M	898M
Change In Net Working Capital	-1.32B	546M	488M	182M	-196M
Net Debt Issued / Repaid	-57.9M	-71M	-62.5M	-47.2M	-50.3M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.71	5.51	7.39	5.97	3.25
Return on Total Capital	11.66	9.57	14.41	12.11	6.45
Return On Equity %	15.53	13.24	18.61	15.98	9.31
Return on Common Equity	15.53	13.24	18.61	15.98	9.31
Margin Analysis
Gross Profit Margin %	33.07	27.46	24.38	26.94	25.58
SG&A Margin	8.44	7.37	6.37	7.84	8.33
EBITDA Margin %	11.87	6.84	6.93	6.56	4.32
EBITA Margin %	9.29	4.98	5.3	4.57	2.41
EBIT Margin %	9.29	4.98	5.3	4.57	2.41
Income From Continuing Operations Margin %	7.6	4.22	4.2	3.72	2.11
Net Income Margin %	7.6	4.22	4.2	3.72	2.11
Net Avail. For Common Margin %	7.6	4.22	4.2	3.72	2.11
Normalized Net Income Margin	6.41	3.51	3.53	3.14	1.79
Levered Free Cash Flow Margin	13.54	-0.09	-0.38	2.07	3.33
Unlevered Free Cash Flow Margin	13.66	0.02	-0.3	2.17	3.44
Asset Turnover
Asset Turnover	1.33	1.77	2.23	2.09	2.15
Fixed Assets Turnover	5.45	7.19	7.62	6.18	6.43
Receivables Turnover (Average Receivables)	7.3	9.34	10.23	8.65	9.47
Inventory Turnover (Average Inventory)	8.48	8.14	7.54	6.31	6.58
Short Term Liquidity
Current Ratio	1.99	1.57	1.28	1.27	1.35
Quick Ratio	1.71	1.06	0.8	0.71	0.83
Operating Cash Flow to Current Liabilities	0.57	0.15	0.18	0.24	0.22
Days Sales Outstanding (Average Receivables)	50.01	39.06	35.67	42.31	38.56
Days Outstanding Inventory (Average Inventory)	43.05	44.84	48.41	57.99	55.5
Average Days Payable Outstanding	103.56	83.78	79.86	88.05	84.49
Cash Conversion Cycle (Average Days)	-10.5	0.13	4.22	12.25	9.57
Long Term Solvency
Total Debt/Equity	1.73	2.33	1.57	1.18	4.83
Total Debt / Total Capital	1.7	2.28	1.55	1.17	4.61
LT Debt/Equity	1.38	1.38	0.77	0.58	4.2
Long-Term Debt / Total Capital	1.36	1.35	0.75	0.57	4
Total Liabilities / Total Assets	39.63	47.63	51.97	50.7	51.52
EBIT / Interest Expense	48.67	29.47	40.11	27.5	13.45
EBITDA / Interest Expense	64.08	42.24	54.05	40.53	25.14
(EBITDA - Capex) / Interest Expense	51.19	24.42	25.36	27.6	20
Total Debt / EBITDA	0.07	0.1	0.05	0.04	0.25
Net Debt / EBITDA	-2.64	-2.12	-0.71	-0.65	-1.37
Total Debt / (EBITDA - Capex)	0.08	0.17	0.1	0.06	0.31
Net Debt / (EBITDA - Capex)	-3.3	-3.67	-1.51	-0.96	-1.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.62	35.92	20.16	-12.83	2.21
Gross Profit, 1 Yr. Growth %	11.19	12.89	6.66	-3.66	-2.98
EBITDA, 1 Yr. Growth %	59.52	-21.71	21.87	-17.55	-32.68
EBITA, 1 Yr. Growth %	87.75	-27.07	27.86	-24.88	-46.01
EBIT, 1 Yr. Growth %	87.75	-27.07	27.86	-24.88	-46.01
Earnings From Cont. Operations, 1 Yr. Growth %	53.38	-24.49	19.41	-22.8	-41.89
Net Income, 1 Yr. Growth %	53.38	-24.49	19.41	-22.8	-41.89
Normalized Net Income, 1 Yr. Growth %	57.82	-25.58	20.82	-22.55	-41.62
Diluted EPS Before Extra, 1 Yr. Growth %	53.39	-24.49	19.4	-22.79	-41.89
Accounts Receivable, 1 Yr. Growth %	23.24	-7.66	28.6	-16.73	5.57
Inventory, 1 Yr. Growth %	-11.07	125.93	-4.88	6.34	-6.09
Net Property, Plant and Equip., 1 Yr. Growth %	-0.69	6.79	19.51	-2.49	-1.08
Total Assets, 1 Yr. Growth %	6.41	-1.84	-7.6	-6.49	5.45
Tangible Book Value, 1 Yr. Growth %	-8.32	-14.86	-15.25	-4.02	3.7
Common Equity, 1 Yr. Growth %	-8.32	-14.86	-15.25	-4.02	3.7
Cash From Operations, 1 Yr. Growth %	348.93	-69.6	25.6	20.22	-2.72
Capital Expenditures, 1 Yr. Growth %	-28.61	66.57	51.17	-50.6	-56.15
Levered Free Cash Flow, 1 Yr. Growth %	-5.99K	-100.88	417.58	-576.11	64.65
Unlevered Free Cash Flow, 1 Yr. Growth %	-15.06K	-99.82	-2.09K	-739.73	62.05
Dividend Per Share, 1 Yr. Growth %	653.85	-79.59	32.5	-43.4	59.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.19	18.1	27.8	2.34	-5.61
Gross Profit, 2 Yr. CAGR %	1.49	12.03	9.73	1.37	-3.32
EBITDA, 2 Yr. CAGR %	12.23	11.75	-2.32	0.24	-25.5
EBITA, 2 Yr. CAGR %	14.06	17.02	-3.44	-2	-36.32
EBIT, 2 Yr. CAGR %	14.06	17.02	-3.44	-2	-36.32
Earnings From Cont. Operations, 2 Yr. CAGR %	15.54	7.62	-5.04	-3.99	-33.02
Net Income, 2 Yr. CAGR %	15.54	7.62	-5.04	-3.99	-33.02
Normalized Net Income, 2 Yr. CAGR %	7.92	8.38	-5.18	-3.27	-32.76
Diluted EPS Before Extra, 2 Yr. CAGR %	15.54	7.62	-5.05	-3.99	-33.02
Accounts Receivable, 2 Yr. CAGR %	5.51	6.68	8.97	3.48	-6.24
Inventory, 2 Yr. CAGR %	-10.75	41.74	46.6	0.58	-0.06
Net Property, Plant and Equip., 2 Yr. CAGR %	4.34	2.98	12.97	7.95	-1.78
Total Assets, 2 Yr. CAGR %	2.23	2.2	-4.76	-7.05	-0.7
Tangible Book Value, 2 Yr. CAGR %	-1.61	-11.65	-15.05	-9.81	-0.23
Common Equity, 2 Yr. CAGR %	-1.6	-11.65	-15.05	-9.81	-0.24
Cash From Operations, 2 Yr. CAGR %	127.89	16.83	-38.2	22.88	8.14
Capital Expenditures, 2 Yr. CAGR %	-21.85	9.05	58.68	-13.59	-53.46
Levered Free Cash Flow, 2 Yr. CAGR %	502.27	-27.92	-78.64	396.41	179.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	612.99	-48.46	-81.2	1.03K	221.98
Dividend Per Share, 2 Yr. CAGR %	174.56	24.03	-48	-13.4	-5.03
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.47	8.4	18.79	12.49	2.3
Gross Profit, 3 Yr. CAGR %	1.01	5.15	10.21	5.07	-0.1
EBITDA, 3 Yr. CAGR %	1.14	-0.47	15.03	-7.69	-12.22
EBITA, 3 Yr. CAGR %	-0.61	-1.73	20.52	-11.19	-19.66
EBIT, 3 Yr. CAGR %	-0.61	-1.73	20.52	-11.19	-19.66
Earnings From Cont. Operations, 3 Yr. CAGR %	1.59	0.27	11.41	-11.38	-18.78
Net Income, 3 Yr. CAGR %	1.59	0.27	11.41	-11.38	-18.78
Normalized Net Income, 3 Yr. CAGR %	-2.28	-4.65	12.38	-11.36	-18.25
Diluted EPS Before Extra, 3 Yr. CAGR %	1.59	0.27	11.41	-11.37	-18.78
Accounts Receivable, 3 Yr. CAGR %	9.18	0.92	13.53	-0.37	4.18
Inventory, 3 Yr. CAGR %	-7.48	21.64	24.1	31.72	-1.7
Net Property, Plant and Equip., 3 Yr. CAGR %	6.39	5.15	8.22	7.56	4.86
Total Assets, 3 Yr. CAGR %	2.33	0.86	-1.17	-5.34	-3.05
Tangible Book Value, 3 Yr. CAGR %	1.52	-6.24	-12.86	-11.52	-5.51
Common Equity, 3 Yr. CAGR %	1.53	-6.23	-12.87	-11.53	-5.52
Cash From Operations, 3 Yr. CAGR %	17.24	16.44	19.68	-22.86	13.67
Capital Expenditures, 3 Yr. CAGR %	-4.57	0.57	21.59	7.54	-31.07
Levered Free Cash Flow, 3 Yr. CAGR %	20.25	-31.62	39.06	-39.89	243.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	20.09	-55.14	74.21	-39.07	490.91
Dividend Per Share, 3 Yr. CAGR %	96.08	15.44	26.79	-46.51	6.12
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.24	9.99	11.93	5.94	8.35
Gross Profit, 5 Yr. CAGR %	3.45	3.97	4.41	3.62	4.59
EBITDA, 5 Yr. CAGR %	3.79	-3.78	-0.26	-0.19	-3.32
EBITA, 5 Yr. CAGR %	3.6	-6.32	-1.75	-1.84	-6.62
EBIT, 5 Yr. CAGR %	3.6	-6.32	-1.75	-1.84	-6.62
Earnings From Cont. Operations, 5 Yr. CAGR %	5.52	-4.18	-1.12	-1.46	-9.1
Net Income, 5 Yr. CAGR %	5.52	-4.18	-1.12	-1.46	-9.1
Normalized Net Income, 5 Yr. CAGR %	2.86	-6.64	-3.45	-4.1	-8.49
Diluted EPS Before Extra, 5 Yr. CAGR %	5.52	-4.18	-1.12	-1.46	-9.1
Accounts Receivable, 5 Yr. CAGR %	11.2	9.74	9.09	1.94	5.17
Inventory, 5 Yr. CAGR %	0.88	12.23	11.22	12.73	13.8
Net Property, Plant and Equip., 5 Yr. CAGR %	5.56	6.3	8.97	6.26	4.1
Total Assets, 5 Yr. CAGR %	8.26	4.61	-0.57	-2.38	-0.98
Tangible Book Value, 5 Yr. CAGR %	6.45	0.22	-5.46	-7.68	-8.02
Common Equity, 5 Yr. CAGR %	6.45	0.22	-5.46	-7.68	-8.02
Cash From Operations, 5 Yr. CAGR %	108.45	-11.84	-9.25	18.98	14.93
Capital Expenditures, 5 Yr. CAGR %	4.86	13.54	16.96	-5.35	-17.19
Levered Free Cash Flow, 5 Yr. CAGR %	-	-56.37	-39.76	51.11	83.98
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-68.37	-42.8	62.97	122.73
Dividend Per Share, 5 Yr. CAGR %	59.14	9.86	15.31	2.9	12.95