Birla Tyres Ltd

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

Birla Tyres Ltd

₹ 4.50 0.00%
02 Jun - close price
birlatyre.com BSE: 542932 NSE - BE : BIRLATYRE
About

Incorporated in 2018, Birla Tyres Limited is engaged in the manufacturing and trading of tyres. [1]

Key Points

Products
The Company has a wide range of tyres from motorcycles to farm tractors. It produces truck & bus tyres, passenger car tyres 2 and 3 wheeler tyres, farm and mining tyres etc., and bias and radial tyres. The Company markets its automobile tyres under the brand name “Birla Tyres”. [1][2]

Website BSE NSE - BE
  • Market Cap ₹ 64.2 Cr.
  • Current Price ₹ 4.50
  • High / Low ₹ 8.97 / 3.75
  • Stock P/E
  • Book Value ₹ -88.2
  • Dividend Yield 0.00 %
  • ROCE -26.4 %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 33.1%
  • Contingent liabilities of Rs.311 Cr.
  • Company has high debtors of 6,961 days.
  • Promoter holding has decreased over last 3 years: -20.1%

* 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

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
81.28 40.75 28.80 39.78 47.35 21.43 2.89 0.48 1.01 1.04 0.20 0.00 0.00
113.92 115.96 66.55 61.97 67.97 48.60 14.43 4.79 10.19 7.42 6.37 3.00 -0.35
Operating Profit -32.64 -75.21 -37.75 -22.19 -20.62 -27.17 -11.54 -4.31 -9.18 -6.38 -6.17 -3.00 0.35
OPM % -40.16% -184.56% -131.08% -55.78% -43.55% -126.78% -399.31% -897.92% -908.91% -613.46% -3,085.00%
38.29 25.00 0.26 0.35 0.04 15.09 1.03 9.86 -43.61 -385.77 0.21 0.06 0.00
Interest 35.23 46.83 42.14 42.87 47.34 30.01 41.89 42.75 45.44 46.07 17.58 0.00 0.00
Depreciation 9.48 9.23 8.94 8.21 8.16 7.98 7.71 7.64 7.53 6.73 6.36 4.14 5.25
Profit before tax -39.06 -106.27 -88.57 -72.92 -76.08 -50.07 -60.11 -44.84 -105.76 -444.95 -29.90 -7.08 -4.90
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -39.06 -106.27 -88.57 -72.92 -76.08 -50.06 -60.12 -44.84 -105.76 -444.95 -29.90 -7.08 -4.89
EPS in Rs -2.74 -7.45 -6.21 -5.11 -5.34 -3.51 -4.22 -3.14 -7.42 -31.20 -2.10 -0.50 -0.34
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
0 472 137 5 1
0 634 245 37 16
Operating Profit -0 -163 -108 -31 -15
OPM % -34% -79% -580% -1,226%
0 66 16 -418 -386
Interest 0 152 162 176 64
Depreciation 0 38 33 30 22
Profit before tax -0 -287 -288 -656 -487
Tax % 0% 0% 0% 0%
Net Profit -0 -287 -288 -656 -487
EPS in Rs -20.10 -20.17 -45.98 -34.14
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -95%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 55%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -38%
1 Year: -47%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
0 143 143 143 143
Reserves -0 -426 -709 -1,364 -1,400
0 907 984 1,138 1,154
0 1,005 1,080 1,091 1,094
Total Liabilities 0 1,628 1,497 1,008 990
0 517 477 447 437
CWIP 0 775 775 340 340
Investments 0 0 0 0 0
0 336 245 221 214
Total Assets 0 1,628 1,497 1,008 990

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022
0 215 -27 -15
0 13 16 1
0 -135 30 19
Net Cash Flow 0 93 19 5

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 89 282 6,961
Inventory Days 88 167 942
Days Payable 314 1,089 8,769
Cash Conversion Cycle -136 -639 -867
Working Capital Days -491 -2,350 -62,103
ROCE % -43% -24% -26%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Dec 2022 Mar 2023
53.13 53.13 53.13 53.13 53.13 53.13 50.91 50.91 48.68 38.47 33.06 33.06
0.08 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.01 0.06 0.00 0.00
3.67 3.60 3.51 3.50 2.15 0.85 1.98 1.98 4.21 3.53 0.02 0.02
0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.00 0.00 0.00
42.88 43.02 43.12 43.13 44.48 45.78 46.87 46.85 46.86 57.95 66.90 66.89

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings