Tinna Rubber & Infrastructure Ltd
Tina Rubber & Infrastructure Ltd is primarily engaged in conversion of End of life tyres (ELT) into crumb rubber and steel wires obtained in the process.[1]
- Market Cap ₹ 3,368 Cr.
- Current Price ₹ 1,966
- High / Low ₹ 2,179 / 257
- Stock P/E 83.6
- Book Value ₹ 74.6
- Dividend Yield 0.15 %
- ROCE 32.3 %
- ROE 36.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 247% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.9%
- Debtor days have improved from 40.7 to 30.0 days.
- Company's working capital requirements have reduced from 59.3 days to 44.3 days
Cons
- Stock is trading at 26.4 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
89 | 316 | 349 | 530 | 69 | 100 | 130 | 123 | 130 | 229 | 295 | 363 | |
83 | 303 | 324 | 508 | 67 | 90 | 114 | 114 | 114 | 192 | 258 | 300 | |
Operating Profit | 6 | 13 | 25 | 22 | 2 | 10 | 16 | 9 | 17 | 37 | 37 | 63 |
OPM % | 7% | 4% | 7% | 4% | 3% | 10% | 12% | 7% | 13% | 16% | 13% | 17% |
1 | 21 | 0 | 3 | 2 | 1 | 3 | 2 | 2 | 3 | 7 | 4 | |
Interest | 3 | 6 | 10 | 14 | 11 | 10 | 11 | 10 | 10 | 9 | 8 | 7 |
Depreciation | 2 | 4 | 5 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 7 | 6 |
Profit before tax | 2 | 23 | 9 | 5 | -14 | -6 | 0 | -6 | 0 | 23 | 29 | 53 |
Tax % | -7% | 3% | 36% | 56% | 32% | 15% | 109% | 24% | 139% | 26% | 24% | 24% |
2 | 22 | 6 | 2 | -9 | -5 | -0 | -5 | -0 | 17 | 22 | 40 | |
EPS in Rs | 0.96 | 12.94 | 3.42 | 1.61 | -5.48 | -2.92 | -0.02 | -2.83 | -0.08 | 9.88 | 12.75 | 23.52 |
Dividend Payout % | 0% | 4% | 29% | 16% | 0% | 0% | 0% | 0% | 0% | 20% | 20% | 8% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 23% |
3 Years: | 41% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 247% |
3 Years: | 596% |
TTM: | 91% |
Stock Price CAGR | |
---|---|
10 Years: | 57% |
5 Years: | 186% |
3 Years: | 279% |
1 Year: | 664% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 18% |
3 Years: | 29% |
Last Year: | 36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 17 |
Reserves | 35 | 68 | 71 | 73 | 51 | 63 | 63 | 58 | 58 | 69 | 87 | 111 |
33 | 74 | 137 | 144 | 94 | 83 | 78 | 72 | 66 | 71 | 60 | 86 | |
15 | 39 | 85 | 71 | 23 | 27 | 26 | 30 | 36 | 41 | 37 | 54 | |
Total Liabilities | 92 | 190 | 301 | 297 | 176 | 181 | 176 | 168 | 169 | 189 | 193 | 268 |
40 | 44 | 86 | 92 | 82 | 77 | 82 | 77 | 77 | 77 | 74 | 130 | |
CWIP | 10 | 13 | 9 | 10 | 2 | 3 | 1 | 3 | 0 | 1 | 0 | 7 |
Investments | 3 | 14 | 18 | 17 | 15 | 27 | 26 | 25 | 24 | 26 | 28 | 31 |
38 | 119 | 188 | 177 | 77 | 74 | 67 | 63 | 69 | 85 | 90 | 100 | |
Total Assets | 92 | 190 | 301 | 297 | 176 | 181 | 176 | 168 | 169 | 189 | 193 | 268 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | -37 | -5 | 12 | 7 | 15 | 20 | 17 | 21 | 19 | 32 | 59 | |
-19 | 17 | -49 | -15 | -1 | 4 | -4 | -2 | -5 | -12 | -10 | -70 | |
13 | 31 | 52 | -4 | -5 | -19 | -16 | -15 | -15 | -6 | -21 | 9 | |
Net Cash Flow | 2 | 11 | -3 | -7 | 0 | -0 | 0 | 0 | 0 | 1 | 1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 43 | 20 | 32 | 100 | 100 | 66 | 68 | 70 | 52 | 40 | 30 |
Inventory Days | 63 | 59 | 172 | 70 | 334 | 212 | 149 | 166 | 181 | 115 | 86 | 79 |
Days Payable | 43 | 24 | 70 | 30 | 40 | 61 | 39 | 53 | 81 | 93 | 48 | 61 |
Cash Conversion Cycle | 75 | 78 | 122 | 71 | 393 | 251 | 176 | 181 | 169 | 74 | 77 | 48 |
Working Capital Days | 61 | 59 | 85 | 57 | 191 | 127 | 81 | 70 | 74 | 69 | 64 | 44 |
ROCE % | 7% | 9% | 12% | 8% | -1% | 3% | 7% | 3% | 8% | 23% | 24% |
Documents
Announcements
- Board Meeting Outcome for In Compliance With Regulations 30 Of The SEBI (LODR) Regulations, 2015, Outcome Of Board Meeting Held On. Tuesday, July 02, 2024 9h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Jun
- Closure of Trading Window 26 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Jun
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jul 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Dec 2022TranscriptNotesPPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
Aug 2022TranscriptNotesPPT
-
Jun 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Dec 2021TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
Business Overview
The Company is primarily engaged in recycling of the waste tyres/end of life tyres (ELT) and manufacturing of value added products. It manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ ultrane crumb rubber compound, cut wire shots etc. Products are primarily used for making/ repairing the road, tyres and auto part industry. [1]