Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Registered Office: Apollo Tyres Ltd. 3rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036, India. pending litigation at Central, Excise and Service Tax Tribunal involving sum of Rs. 3016 million.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 1.5% of FY26 revenue
₹301.6 Cr stated in the filing against ₹19,816.23 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Market Share
Withdrawnin passenger car replacement, we would be 21% plus.
we've regained some of the share that we had lost.
Change
FactImplication
CapitSignal interpretationMarket Share
Contradictedin TBR replacement, we would be now upwards of 30%.
in passenger car replacement, we would be 21% plus.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
- Apollo Tyres Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%