Goodyear India Ltd vs Innovative Tyres Tubes Ltd Stock Comparison
Goodyear India Ltd vs Innovative Tyres Tubes Ltd Stock Comparison
Last Updated on: Nov 01, 2026
Key Highlights
The Latest Trading Price of Goodyear India Ltd is ₹ 665.15 as of 30 Oct 15:30
. The P/E Ratio of Goodyear India Ltd changed from 15.1 on March 2021 to 24.9 on March 2026 . This represents a CAGR of 8.69% over 6 yearsThe P/E Ratio of Innovative Tyres & Tubes Ltd changed from 0.3 on March 2024 to 0 on March 2026 . This represents a CAGR of -100.00% over 3 years The Market Cap of Goodyear India Ltd changed from ₹ 2056 crore on March 2021 to ₹ 1531 crore on March 2026 . This represents a CAGR of -4.80% over 6 yearsThe Market Cap of Innovative Tyres & Tubes Ltd changed from ₹ 15.29 crore on March 2021 to ₹ 99.25 crore on March 2026 . This represents a CAGR of 36.58% over 6 years The revenue of Goodyear India Ltd for the Jun '26 is ₹ 788.35 crore as compare to the Mar '26 revenue of ₹ 621.17 crore. This represent the growth of 26.91% The revenue of Innovative Tyres & Tubes Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Goodyear India Ltd for the Jun '26 is ₹ 24.03 crore as compare to the Mar '26 ebitda of ₹ 26.55 crore. This represent the decline of -9.49% The ebitda of Innovative Tyres & Tubes Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Goodyear India Ltd changed from ₹ 25.03 crore to ₹ 6.51 crore over 9 quarters. This represents a CAGR of -45.04%
The net profit of Innovative Tyres & Tubes Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0%
The Dividend Payout of Goodyear India Ltd changed from 301.37 % on March 2021 to 99.41 % on March 2026 . This represents a CAGR of -16.88% over 6 yearsThe Dividend Payout of Innovative Tyres & Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .
About Goodyear India Ltd
Goodyear India Limited, earlier incorporated as 'Goodyear Tire and Rubber Company (India) Limited', acquired its present name in 1961 when it became a public limited company.
A FERA company, with Goodyear Tire and Rubber, US, as the holding company with a stake of 74%, manufactures tyres and rubber goods used by the automobile industry, at its plant in Ballabgarh, Uttar Pradesh.
In 1982, the company entered into an agreement with Andrew Yule and Company, for technical know-how for fan-belts and vee-belts with a 50% buy-back arrangement.
Production of scooter and motorcycle tyres was discontinued in Apr.'86.
In 1993, a joint venture South Asia Tyres, was effected with RPG-Ceat to manufacture steel radial passenger tyres, truck tyres and bias earthmover tyres earlier imported.
Goodyear's product profile includes ultra large earthmover tyres, which are import substitutes, power tread passenger radial tyres, light and medium commercial truck tyres, farm tyres, automotive tyres, etc, which are marketed under the Goodyear brand.
About Innovative Tyres & Tubes Ltd
Innovative Tyres & Tubes Limited was originally incorporated as a Public company on 28th November 1995 at Mumbai, Maharashtra.
The Certificate of Commencement of Business was granted by Registrar of Companies, Maharashtra on February 8, 1996.
The Company is principally engaged in the business of manufacturing and Processing of Automotive Tyres and Tubes.
The Company began its journey with the acquisition of a greenfield project situated at Halol in auction from Gujarat State Financial Corporation and State Bank of Bikaner & Jaipur vide agreement dated December 15. 1995.
In 1996, the Company acquired Halol Plant in Gujarat for manufacturing of tubes.
In 2003, it established 2nd plant at Halol, Gujarat for manufacturing of 2 wheeler tyres.
Currently, the Company has combined production capacity of Tyres and Tubes of 12,000 MT p.
FAQs for the comparison of Goodyear India Ltd and Innovative Tyres & Tubes Ltd
Which company has a larger market capitalization, Goodyear India Ltd or Innovative Tyres & Tubes Ltd?
Market cap of Goodyear India Ltd is 1,534 Cr while Market cap of Innovative Tyres & Tubes Ltd is 60 Cr
What are the key factors driving the stock performance of Goodyear India Ltd and Innovative Tyres & Tubes Ltd?
The stock performance of Goodyear India Ltd and Innovative Tyres & Tubes Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Goodyear India Ltd and Innovative Tyres & Tubes Ltd?
As of November 1, 2026, the Goodyear India Ltd stock price is INR ₹665.15. On the other hand, Innovative Tyres & Tubes Ltd stock price is INR ₹60.1.
How do dividend payouts of Goodyear India Ltd and Innovative Tyres & Tubes Ltd compare?
To compare the dividend payouts of Goodyear India Ltd and Innovative Tyres & Tubes Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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