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 ₹ 1,750 Cr.
- Current Price ₹ 1,022
- High / Low ₹ 2,179 / 799
- Stock P/E 33.4
- Book Value ₹ 89.7
- Dividend Yield 0.50 %
- ROCE 32.6 %
- ROE 36.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- 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%
- Company has been maintaining a healthy dividend payout of 20.4%
- 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 11.4 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
89 | 316 | 349 | 530 | 69 | 100 | 130 | 123 | 130 | 229 | 295 | 363 | 486 | |
83 | 303 | 324 | 508 | 67 | 90 | 114 | 114 | 114 | 192 | 258 | 300 | 405 | |
Operating Profit | 6 | 13 | 25 | 22 | 2 | 10 | 16 | 9 | 17 | 37 | 37 | 63 | 81 |
OPM % | 7% | 4% | 7% | 4% | 3% | 10% | 12% | 7% | 13% | 16% | 13% | 17% | 17% |
1 | 21 | 0 | 3 | 2 | 1 | 3 | 2 | 2 | 3 | 7 | 3 | 6 | |
Interest | 3 | 6 | 10 | 14 | 11 | 10 | 11 | 10 | 10 | 9 | 8 | 8 | 10 |
Depreciation | 2 | 4 | 5 | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 7 | 6 | 9 |
Profit before tax | 2 | 23 | 9 | 5 | -14 | -6 | 0 | -6 | 0 | 23 | 29 | 53 | 68 |
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 | 52 | |
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 | 30.55 |
Dividend Payout % | 0% | 4% | 29% | 16% | 0% | 0% | 0% | 0% | 0% | 20% | 20% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 23% |
3 Years: | 41% |
TTM: | 49% |
Compounded Profit Growth | |
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10 Years: | 18% |
5 Years: | 247% |
3 Years: | 597% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 172% |
3 Years: | 83% |
1 Year: | -1% |
Return on Equity | |
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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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 17 | 17 |
Reserves | 35 | 68 | 71 | 73 | 51 | 63 | 63 | 58 | 58 | 69 | 87 | 111 | 136 |
33 | 74 | 137 | 144 | 94 | 83 | 78 | 72 | 66 | 71 | 60 | 86 | 116 | |
15 | 39 | 85 | 71 | 23 | 27 | 26 | 30 | 36 | 41 | 37 | 54 | 66 | |
Total Liabilities | 92 | 190 | 301 | 297 | 176 | 181 | 176 | 168 | 169 | 189 | 193 | 268 | 336 |
40 | 44 | 86 | 92 | 82 | 77 | 82 | 77 | 77 | 77 | 74 | 130 | 145 | |
CWIP | 10 | 13 | 9 | 10 | 2 | 3 | 1 | 3 | 0 | 1 | 0 | 7 | 20 |
Investments | 3 | 14 | 18 | 17 | 15 | 27 | 26 | 25 | 24 | 26 | 28 | 31 | 34 |
38 | 119 | 188 | 177 | 77 | 74 | 67 | 63 | 69 | 85 | 90 | 100 | 138 | |
Total Assets | 92 | 190 | 301 | 297 | 176 | 181 | 176 | 168 | 169 | 189 | 193 | 268 | 336 |
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 | 85 |
Days Payable | 43 | 24 | 70 | 30 | 40 | 61 | 39 | 53 | 81 | 93 | 48 | 66 |
Cash Conversion Cycle | 75 | 78 | 122 | 71 | 393 | 251 | 176 | 181 | 169 | 74 | 77 | 49 |
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% | 33% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23h - Tinna Rubber And Infrastructure Limitedis conducting earnings conference call on Monday, May 26, 2025 at 02:00 P.M. (IST), to discuss the financial and operational performance …
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Board Meeting Intimation for Meeting Of The Board Of Director Of Tinna Rubber And Infrastructure Limited Scheduled To Be Held On Friday, May 23, 2025
2d - Board meeting on May 23 to approve FY25 audited results and consider final dividend.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Delisting of Equity Shares) Regulations, 2021, as amended, please find attached herewith newpaper publication for public notice issued today May 07, 2025, for voluntary delisting …
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015
5 May - BGK Infratech buys back 1,40,167 shares at Rs.400 each, totaling Rs.5.61 crore.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Apr - The representatives of Tinna Rubber and Infrastructure Limited("the Company") will meet to the investor and analyst on May 05, 2025 as per schedule detailed in …
Annual reports
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Financial Year 2024
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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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Concalls
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Apr 2025TranscriptNotesPPT
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Business Overview[1][2]
Established in 1977, Tinna Rubber and Infrastructure Limited (TRIL) is one of Asia’s largest recyclers of end-of-life tyres (ELT). The company specializes in recycling waste tyres to manufacture value-added products, including crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber, ultrafine crumb rubber compound, and cut wire shots. These products are primarily used in road construction, tyre manufacturing, and the auto parts industry.