Innovative Tyres & Tubes Ltd
₹ 7.10
1.43%
18 Apr
- close price
About
Innovative Tyres & Tubes Limited is an India-based tyre and tube manufacturing company. The Company is engaged in manufacturing and marketing tyres.
Key Points
- Market Cap ₹ 12.8 Cr.
- Current Price ₹ 7.10
- High / Low ₹ 10.2 / 2.00
- Stock P/E
- Book Value ₹ 0.04
- Dividend Yield 0.00 %
- ROCE -306 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 182 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -59.0% over past five years.
- Promoter holding is low: 14.0%
- Company might be capitalizing the interest cost
- Promoters have pledged 80.8% of their holding.
- Promoter holding has decreased over last 3 years: -10.8%
* 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
87 | 102 | 126 | 129 | 124 | 131 | 140 | 172 | 149 | 139 | 51 | 2 | 0 | |
81 | 93 | 117 | 119 | 114 | 118 | 126 | 164 | 149 | 137 | 102 | 55 | 53 | |
Operating Profit | 6 | 9 | 9 | 10 | 10 | 13 | 14 | 7 | 0 | 2 | -50 | -53 | -53 |
OPM % | 7% | 9% | 7% | 8% | 8% | 10% | 10% | 4% | 0% | 2% | -98% | -3,295% | -16,079% |
0 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 0 | 39 | |
Interest | 3 | 6 | 4 | 5 | 5 | 4 | 3 | 2 | 3 | 4 | 3 | 0 | 0 |
Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 5 | 6 | 8 | 8 | 8 | 8 | 6 |
Profit before tax | 2 | 2 | 3 | 5 | 3 | 6 | 6 | 1 | -9 | -9 | -59 | -61 | -21 |
Tax % | 71% | 65% | 34% | 12% | 41% | 21% | 30% | -9% | -6% | 0% | 0% | 14% | |
0 | 1 | 2 | 4 | 2 | 5 | 4 | 1 | -10 | -9 | -59 | -53 | -13 | |
EPS in Rs | 0.60 | 0.99 | 2.42 | 4.41 | 1.97 | 5.10 | 2.45 | 0.55 | -5.46 | -4.91 | -32.76 | -29.42 | -6.99 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -34% |
5 Years: | -59% |
3 Years: | -78% |
TTM: | -97% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -21% |
3 Years: | 0% |
1 Year: | 178% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
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 | 8 | 8 | 9 | 9 | 10 | 10 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 16 | 17 | 19 | 27 | 27 | 36 | 67 | 68 | 58 | 50 | -9 | -62 | -18 |
Preference Capital | 0 | 0 | 0 | 0 | 4 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | |
38 | 25 | 24 | 22 | 19 | 20 | 13 | 22 | 22 | 37 | 38 | 38 | 33 | |
27 | 53 | 57 | 77 | 69 | 73 | 59 | 69 | 74 | 57 | 51 | 42 | 1 | |
Total Liabilities | 88 | 102 | 109 | 136 | 126 | 139 | 156 | 178 | 172 | 161 | 98 | 36 | 34 |
60 | 61 | 61 | 60 | 60 | 65 | 88 | 108 | 104 | 97 | 90 | 32 | 30 | |
CWIP | 0 | 5 | 8 | 14 | 13 | 15 | 10 | 1 | 0 | 1 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
28 | 36 | 40 | 63 | 53 | 59 | 58 | 69 | 68 | 63 | 8 | 4 | 4 | |
Total Assets | 88 | 102 | 109 | 136 | 126 | 139 | 156 | 178 | 172 | 161 | 98 | 36 | 34 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 13 | 8 | 9 | 3 | 9 | 4 | 3 | 3 | -3 | 1 | ||
-8 | -5 | -6 | -4 | -4 | -23 | -17 | 0 | -1 | 2 | 0 | ||
-7 | -8 | -2 | -5 | 1 | 17 | 8 | -3 | -1 | -2 | 0 | ||
Net Cash Flow | -2 | 0 | 0 | -0 | 0 | 4 | -4 | -0 | 1 | -4 | 1 |
Ratios
Figures in Rs. Crores
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 | 22 | 17 | 23 | 57 | 46 | 40 | 29 | 27 | 44 | 37 | 14 | 23 |
Inventory Days | 93 | 127 | 90 | 124 | 102 | 148 | 122 | 120 | 136 | 143 | 12 | 0 |
Days Payable | 126 | 106 | 93 | 164 | 138 | 130 | 94 | 73 | 92 | 121 | 137 | |
Cash Conversion Cycle | -12 | 38 | 20 | 17 | 11 | 58 | 57 | 73 | 88 | 58 | -112 | 23 |
Working Capital Days | 1 | 17 | 25 | 20 | 29 | 52 | 43 | 50 | 53 | 26 | -266 | -9,380 |
ROCE % | 9% | 14% | 15% | 17% | 14% | 16% | 11% | 2% | -7% | -6% | -75% | -306% |
Documents
Announcements
No data available.
Incorporated in 1995, Innovative Tyres and Tubes is a tyre and tube manufacturing company. It has a flagship brand called Innovative.