Emerald Tyre Manufacturers Ltd

Emerald Tyre Manufacturers Ltd

₹ 128 -5.54%
30 May - close price
About

Incorporated in 2002, Emerald Tyre Manufacturers specializes in manufacturing, supplying, and servicing a wide range of tyres.[1]

Key Points

Business Profile[1]
Emerald Tyre Manufacturers Limited specializes in manufacturing and supplying a wide range of off-highway tyres under the brand name "GRECKSTER." The company caters to material handling applications like forklifts, skid loaders, mining equipment, ground support for airports, etc. It operates on a customer-centric model, offering tailored solutions, including Just-In-Time delivery, to OEMs and other industrial clients.

  • Market Cap 249 Cr.
  • Current Price 128
  • High / Low 199 / 96.1
  • Stock P/E 26.5
  • Book Value 61.8
  • Dividend Yield 0.00 %
  • ROCE 13.0 %
  • ROE 10.1 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 148% CAGR over last 5 years

Cons

* 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2024 Mar 2025
89 92
76 80
Operating Profit 13 12
OPM % 14% 13%
2 1
Interest 5 4
Depreciation 3 3
Profit before tax 7 6
Tax % 25% 33%
6 4
EPS in Rs 3.84 1.94
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
71 77 122 151 154 182
61 65 107 130 126 157
Operating Profit 10 11 15 21 28 25
OPM % 14% 15% 12% 14% 18% 14%
3 1 1 2 2 3
Interest 9 7 6 8 9 9
Depreciation 4 4 3 4 5 6
Profit before tax 0 2 6 10 16 13
Tax % 36% 37% 33% 30% 20% 29%
0 1 4 7 13 9
EPS in Rs 0.15 2.13 6.39 10.82 8.82 4.79
Dividend Payout % 0% 0% 0% 0% 11% 0%
Compounded Sales Growth
10 Years: %
5 Years: 21%
3 Years: 14%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: 148%
3 Years: 31%
TTM: -26%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 15%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6 6 7 7 14 19
Reserves 23 27 34 41 52 101
57 62 67 79 74 78
22 20 32 29 32 39
Total Liabilities 109 116 140 155 173 237
0 29 31 45 54 56
CWIP 3 4 10 7 6 30
Investments 5 7 7 7 6 6
100 76 91 96 106 145
Total Assets 109 116 140 155 173 237

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
9 -2 10 11 21
-1 -0 -20 -34 -14
-8 3 9 24 -6
Net Cash Flow -0 1 -0 1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 113 143 107 99 107 109
Inventory Days 345 322 208 190 204 187
Days Payable 120 101 72 71 85 89
Cash Conversion Cycle 338 365 243 218 226 207
Working Capital Days 233 271 169 160 173 169
ROCE % 10% 12% 16% 19% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2024Mar 2025
50.31% 50.31%
8.11% 2.32%
13.59% 10.23%
27.99% 37.13%
No. of Shareholders 2,1131,251

* 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.

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