Innovative Tyres & Tubes Ltd

Innovative Tyres Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Innovative Tyres & Tubes Ltd

₹ 27.2 4.82%
13 Jan - close price
Company website NSE - SME: ITTL
About

Incorporated in 1995, Innovative Tyres
and Tubes Ltd manufactures and sells
Tyres & Tubes[1]

Key Points

Business Overview:[1]
ITTL manufactures and exports Bias Tyres, offering a wide range of products in the Truck / Bus, Agricultural & OTR and Motorcycle / 3-wheeler segments, and performs job work for others. It exports tyres to 40+ countries

Website NSE - ST
  • Market Cap ₹ 27.2 Cr.
  • Current Price ₹ 27.2
  • High / Low ₹ 27.2 / 5.30
  • Stock P/E
  • Book Value ₹ -9.21
  • Dividend Yield 0.00 %
  • ROCE -26.6 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

  • Promoter holding has increased by 80.6% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -39.3% over past five years.

* 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: Tyres Industry: Tyres

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
83.21 65.66 63.23 75.94 41.44 10.13 1.30 0.33 0.00 14.18 19.51
82.46 66.27 65.57 71.47 51.76 50.09 2.97 52.04 1.35 20.39 26.38
Operating Profit 0.75 -0.61 -2.34 4.47 -10.32 -39.96 -1.67 -51.71 -1.35 -6.21 -6.87
OPM % 0.90% -0.93% -3.70% 5.89% -24.90% -394.47% -128.46% -15,669.70% -43.79% -35.21%
1.29 0.40 0.14 0.87 0.45 1.59 0.10 0.15 38.37 8.10 0.11
Interest 1.49 1.32 1.87 1.77 1.89 1.18 0.09 0.00 0.00 0.02 0.02
Depreciation 3.98 4.30 4.08 4.29 4.39 3.42 4.10 4.08 2.23 2.19 2.17
Profit before tax -3.43 -5.83 -8.15 -0.72 -16.15 -42.97 -5.76 -55.64 34.79 -0.32 -8.95
Tax % 10.50% 3.60% -2.82% 26.39% -1.73% 0.26% -3.47% -14.86% 0.00% -9.38% 0.00%
-3.79 -6.04 -7.93 -0.91 -15.86 -43.08 -5.57 -47.37 34.79 -0.29 -8.94
EPS in Rs -2.11 -3.36 -4.41 -0.51 -8.82 -23.94 -3.10 -26.33 19.34 -0.16 -8.94
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
102.47 126.01 129.05 123.55 130.84 139.51 171.79 148.86 139.17 51.37 1.62 14.18 33.69
93.41 116.93 118.71 113.65 118.09 125.69 164.43 148.73 137.05 101.66 55.00 21.73 46.77
Operating Profit 9.06 9.08 10.34 9.90 12.75 13.82 7.36 0.13 2.12 -50.29 -53.38 -7.55 -13.08
OPM % 8.84% 7.21% 8.01% 8.01% 9.74% 9.91% 4.28% 0.09% 1.52% -97.90% -3,295.06% -53.24% -38.82%
0.55 0.71 1.48 2.35 1.63 0.53 2.08 1.70 1.02 2.05 0.24 46.47 8.21
Interest 5.63 4.46 4.51 5.19 4.20 2.79 2.07 2.82 3.64 3.07 0.09 0.03 0.04
Depreciation 1.77 1.91 2.61 3.86 4.00 5.32 6.46 8.28 8.37 7.80 8.18 4.42 4.36
Profit before tax 2.21 3.42 4.70 3.20 6.18 6.24 0.91 -9.27 -8.87 -59.11 -61.41 34.47 -9.27
Tax % 64.71% 33.92% 12.34% 40.94% 20.87% 29.65% -8.79% 6.04% -0.34% -0.29% -13.79% -0.09%
0.78 2.26 4.12 1.89 4.89 4.40 0.99 -9.83 -8.84 -58.94 -52.94 34.50 -9.23
EPS in Rs 0.99 2.42 4.41 1.97 5.10 2.45 0.55 -5.46 -4.91 -32.76 -29.42 19.18 -9.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -20%
5 Years: -39%
3 Years: -53%
TTM: 10109%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 17%
TTM: 82%
Stock Price CAGR
10 Years: %
5 Years: 19%
3 Years: 45%
1 Year: 214%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 7.84 9.34 9.34 9.59 9.59 17.99 17.99 17.99 17.99 17.99 17.99 17.99 10.00
Reserves 16.57 18.82 26.70 27.12 35.95 67.34 68.33 58.50 49.66 -9.28 -62.21 -18.22 -19.21
24.88 24.05 22.39 22.96 27.56 12.57 22.47 21.88 36.97 37.60 38.01 34.81 37.89
52.58 57.23 77.45 65.92 66.11 58.58 69.32 74.01 56.85 51.30 42.25 7.55 18.03
Total Liabilities 101.87 109.44 135.88 125.59 139.21 156.48 178.11 172.38 161.47 97.61 36.04 42.13 46.71
60.85 60.98 59.76 60.01 65.18 88.35 108.16 104.45 96.87 89.61 32.20 35.81 33.69
CWIP 5.28 8.45 13.51 13.04 15.30 10.06 1.14 0.16 1.44 0.25 0.25 0.25 0.25
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01
35.74 40.01 62.61 52.54 58.73 58.07 68.80 67.76 63.15 7.74 3.58 6.06 12.76
Total Assets 101.87 109.44 135.88 125.59 139.21 156.48 178.11 172.38 161.47 97.61 36.04 42.13 46.71

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
13.28 12.96 8.12 8.57 3.22 8.97 4.50 2.90 3.40 -2.95 0.46 -7.42
-7.83 -4.73 -5.98 -3.84 -3.90 -22.80 -16.71 0.16 -1.22 1.60 0.07 -0.01
-7.28 -7.79 -1.86 -4.80 1.08 17.48 7.82 -3.40 -1.29 -2.43 0.41 6.28
Net Cash Flow -1.83 0.44 0.28 -0.07 0.40 3.64 -4.39 -0.34 0.89 -3.78 0.94 -1.15

Ratios

Figures in Rs. Crores

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 17.24 22.80 56.71 46.35 40.03 29.30 26.96 43.77 36.61 13.78 22.53 17.25
Inventory Days 126.59 89.89 123.70 101.81 147.68 121.64 119.89 135.73 142.82 11.54 0.00 80.28
Days Payable 105.69 92.80 163.53 137.54 129.70 93.79 73.39 91.62 121.12 137.30 157.50
Cash Conversion Cycle 38.14 19.88 16.88 10.62 58.01 57.15 73.46 87.87 58.32 -111.98 22.53 -59.98
Working Capital Days 17.49 24.77 19.94 29.01 51.72 43.06 50.25 52.94 25.57 -265.53 -9,377.35 -90.61
ROCE % 14.18% 15.23% 16.65% 14.21% 15.74% 10.63% 2.02% -6.63% -5.64% -74.91% -305.84% -26.58%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024Dec 2024
14.00% 14.00% 14.00% 94.55% 94.55%
86.01% 86.00% 86.00% 5.45% 5.45%
No. of Shareholders 1,7671,7951,9812,0332,042

Documents

Announcements

Annual reports

DRHP

Credit ratings