Apollo Tyres Limited

rs,

Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Sub: Investor Presentation-Q1 FY26 Dear Sirs, August 8, 2025 The Secretary, BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 40000

INR 65,608

ance FY25 Financial Performance Revenue EBITDA EBITDA Margins Revenue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn

INR 8,677

ncial Performance Revenue EBITDA EBITDA Margins Revenue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9%

3.6%

enue EBITDA EBITDA Margins Revenue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7%

4.6%

EBITDA Margins Revenue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y

13.2%

Margins Revenue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 B

113 Bps

ue EBITDA EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5%

INR 261,234

EBITDA Margins INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5% Net Debt / EBI

INR 35,715

INR 65,608 Mn INR 8,677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5% Net Debt / EBITDA* 0.7x ROC

2.9%

677 Mn Y-o-Y +3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5% Net Debt / EBITDA* 0.7x ROCE 11.0% Net De

19.7%

+3.6% Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5% Net Debt / EBITDA* 0.7x ROCE 11.0% Net Debt / EBITDA* 0

13.7%

Y-o-Y -4.6% 13.2% Y-o-Y -113 Bps INR 261,234 Mn INR 35,715 Mn Y-o-Y +2.9% Y-o-Y -19.7% 13.7% Y-o-Y -385 Bps ROCE* 10.5% Net Debt / EBITDA* 0.7x ROCE 11.0% Net Debt / EBITDA* 0.8x *

“We registered highest ever Vredestein volumes in Q1 FY26.”

“45,916 +2.9% 47,254 Q1 FY25 Q1 FY26 EBITDA Margin (%) 13.8% 13.6% Q1 FY25 Q1 FY26 5 Operating Highlights – Europe1 Q1 FY26 • We maintained our overall topline on a YoY basis despite a decline in the industry in Europe.”

Note

1

Notes

1

Note

1. Europe Includes operations of ReifenCom India, 66% Revenue Mix Standalone – YTD FY26 Revenue Mix Consolidated – YTD FY26 By Product By Channel Others, 9% Light Commercial Vehicle, 8% Farm, 7% Passenger Vehicle, 21% Export, 11% Truck & Bus, 54% OEM, 24% By Product Others, 5% Light Truck, 7% Farm/Off Highway, 11% By Channel Truck & Bus, 42% OEM, 25% Replacement, 65% Passenger Vehicle, 35% Replacement, 75% 4 4 Operating Highlights – India Q1 FY26 Revenue (₹ Mn) • On a YoY basis, overall volume growth was flattish, led by low to mid single digit growth both in replacement and OE segment, negated by decline in exports • Our focus on product premiumization continues. We registered highest ever Vredestein volumes in Q1 FY26. Our dual brand strategy in PCR is playing out well • OEM segment saw an improved performance in Q1 as compared to previous quarters, largely due to prebuying on account of mandatory AC cabin regulation in M&HCVs • We will continue to focus on business fundamentals, cos

Notes

1. Includes only sales and manufacturing operations , excl. Reifencom GmbH (Distribution business) Q1 FY25 Q1 FY26 6 Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) 7 6 Key Highlights • The net debt during the period came down by ~ ₹ 3.9 Bn during the quarter, thereby further strengthening the balance sheet (₹ 25 Bn in Mar ’25 to ₹ 21 Bn in Jun ’25) FY24 FY25 • We continue to focus on optimization of operating performance and judicious capex spends Free Cash flow (₹ Bn) 20 FY24 25 0.8 Mar '25 Net Debt (₹ Bn) 3 FY25 21 0.7 Jun '25 2.0 1.0 0.0 Net Debt (₹Bn) Net Debt to EBITDA (x) 30 10 7 Financial Statements Profit & Loss (Quarterly) – Consolidated Particulars (₹ Mn) Q1 FY26 Q1 FY25 Q4 FY25 % Change - YoY % Change - QoQ Revenues Raw Material Staff Cost Other Costs EBITDA EBITDA Margin (%) Depreciation Other Income EBIT EBIT Margin Interest Tax Exceptional Items PAT PAT Margin (%) 65,608 36,684 8,696 11,550 8,677 13.2% 3,776 189 5,091 7.8% 1,006 255 3,702 129 0.2% 63,349 3