A STUDY ON FINANCIAL PERFORMANCE OF AUTO ANCILLARY COMPANIES WITH SPECIAL REFERENCE TO APOLLO TYRES LIMITED

India has been one of the biggest auto ancillary market employing over five million individuals directly and indirectly and among all those auto ancillary Apollo tyres plays an important role in India. This study aims to analyze the financial performance of Apollo Tyres Limited, a leading Indian tyre manufacturer and supplier, with a specific focus on its performance as an auto ancillary company. The study employs a combination of quantitative and qualitative methods to assess the financial health of the company including profitability, liquidity and solvency ratios. The findings suggest that Apollo Tyres has shown strong financial performance over the years, with steady revenue growth and profitability. However, the company faces challenges related to increasing competition, changing market dynamics, and rising raw material costs. Overall, this study provides valuable insights into the financial performance of Apollo Tyres and its position in the highly competitive auto ancillary industry.