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 ₹ 1,728 Cr.
- Current Price ₹ 1,008
- High / Low ₹ 1,014 / 230
- Stock P/E 57.8
- Book Value ₹ 63.8
- Dividend Yield 0.30 %
- ROCE 22.7 %
- ROE 22.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 44.7% CAGR over last 5 years
- Debtor days have improved from 53.9 to 39.6 days.
Cons
- Stock is trading at 15.8 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
106 | 89 | 93 | 94 | 100 | 69 | 100 | 130 | 123 | 130 | 229 | 295 | 331 | |
100 | 83 | 82 | 74 | 83 | 67 | 90 | 114 | 113 | 112 | 192 | 258 | 279 | |
Operating Profit | 6 | 6 | 11 | 20 | 16 | 2 | 10 | 16 | 10 | 18 | 37 | 37 | 51 |
OPM % | 6% | 7% | 12% | 21% | 16% | 3% | 10% | 12% | 8% | 14% | 16% | 13% | 16% |
5 | 1 | 20 | 1 | 1 | 2 | 1 | 3 | 2 | 2 | 3 | 6 | 0 | |
Interest | 2 | 3 | 4 | 6 | 9 | 11 | 10 | 11 | 10 | 10 | 9 | 8 | 7 |
Depreciation | 1 | 2 | 4 | 5 | 5 | 7 | 7 | 7 | 8 | 8 | 9 | 7 | 5 |
Profit before tax | 7 | 1 | 23 | 10 | 3 | -14 | -6 | 0 | -5 | 2 | 23 | 28 | 40 |
Tax % | 16% | -9% | 7% | 28% | 43% | 32% | 16% | 147% | 29% | 29% | 26% | 25% | |
6 | 2 | 22 | 7 | 2 | -10 | -5 | -0 | -4 | 1 | 17 | 21 | 30 | |
EPS in Rs | 3.64 | 0.93 | 12.73 | 4.11 | 0.97 | -5.56 | -2.88 | -0.09 | -2.27 | 0.65 | 9.84 | 12.43 | 17.47 |
Dividend Payout % | 0% | 0% | 4% | 24% | 26% | 0% | 0% | 0% | 0% | 0% | 20% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 24% |
3 Years: | 34% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 45% |
3 Years: | 97% |
TTM: | 50% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 120% |
3 Years: | 280% |
1 Year: | 330% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 16% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 17 |
Reserves | 34 | 35 | 56 | 61 | 62 | 52 | 64 | 64 | 60 | 62 | 72 | 90 | 92 |
17 | 33 | 41 | 60 | 87 | 94 | 83 | 78 | 72 | 66 | 71 | 60 | 62 | |
9 | 15 | 24 | 26 | 24 | 23 | 27 | 26 | 30 | 36 | 41 | 37 | 38 | |
Total Liabilities | 68 | 92 | 130 | 156 | 182 | 177 | 182 | 177 | 170 | 173 | 192 | 196 | 210 |
20 | 37 | 44 | 57 | 64 | 82 | 77 | 82 | 77 | 77 | 77 | 74 | 78 | |
CWIP | 8 | 10 | 13 | 8 | 10 | 2 | 3 | 1 | 3 | 0 | 1 | 0 | 2 |
Investments | 6 | 6 | 18 | 23 | 23 | 16 | 28 | 27 | 27 | 27 | 29 | 31 | 43 |
34 | 38 | 55 | 67 | 85 | 77 | 74 | 67 | 63 | 69 | 85 | 90 | 88 | |
Total Assets | 68 | 92 | 130 | 156 | 182 | 177 | 182 | 177 | 170 | 173 | 192 | 196 | 210 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 7 | 2 | 10 | -2 | 7 | 15 | 20 | 17 | 21 | 19 | 32 | |
-2 | -18 | -10 | -23 | -16 | -1 | 4 | -4 | -2 | -5 | -12 | -10 | |
1 | 13 | 5 | 14 | 18 | -5 | -19 | -16 | -15 | -15 | -6 | -21 | |
Net Cash Flow | 0 | 2 | -2 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 54 | 54 | 61 | 46 | 45 | 100 | 100 | 66 | 68 | 70 | 52 | 40 |
Inventory Days | 28 | 65 | 121 | 288 | 300 | 334 | 212 | 149 | 166 | 181 | 115 | 86 |
Days Payable | 13 | 44 | 40 | 41 | 32 | 40 | 61 | 39 | 53 | 81 | 93 | 48 |
Cash Conversion Cycle | 69 | 75 | 142 | 294 | 313 | 393 | 251 | 176 | 181 | 169 | 74 | 77 |
Working Capital Days | 69 | 62 | 66 | 92 | 136 | 191 | 127 | 81 | 70 | 74 | 69 | 64 |
ROCE % | 10% | 7% | 9% | 14% | 8% | -2% | 3% | 7% | 3% | 8% | 22% | 23% |
Documents
Announcements
- Board Meeting Intimation for BOARD MEETING SCHEDULED TO BE HELD ON MONDAY, MAY 27, 2024 UNDER REGULATION 29 OF THE SEBI LODR REGULATION 2015 AS AMENDED 5 May
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Announcement Under Regulation 30 Of SEBI LODR Regulations
3 May - Nomination and Remuneration Committee of the Company in its meeting held on May 03, 2024, granted 59880 stock options to eligible employees under Tinna Rubber …
- Board Meeting Outcome for Outcome Of Board Meeting Held On May 03, 2024 Under Regulation 30 Of The SEBI LODR Regulations 2015 As Amended 3 May
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
- Certificate Of Compliance Under Regulation 40(9) Of SEBI LODR Regulations 29 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Dec 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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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]