Tolins Tyres Ltd
Incorporated in 2003, Tolins Tyres
Ltd manufactures PCTR and different
types of tyres[1]
- Market Cap ₹ 392 Cr.
- Current Price ₹ 99.1
- High / Low ₹ 202 / 93.6
- Stock P/E 23.4
- Book Value ₹ 76.2
- Dividend Yield 0.00 %
- ROCE 14.2 %
- ROE 10.9 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 118% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 89.8 to 117 days.
- Working capital days have increased from 119 days to 256 days
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 82 | 106 | 113 | 118 | 157 | 178 | 215 | |
| 78 | 100 | 107 | 106 | 130 | 147 | 191 | |
| Operating Profit | 4 | 6 | 6 | 12 | 28 | 31 | 24 |
| OPM % | 4% | 5% | 5% | 10% | 18% | 17% | 11% |
| 1 | 1 | 1 | 1 | 2 | 2 | 3 | |
| Interest | 2 | 4 | 4 | 5 | 8 | 4 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 1 | 1 | 1 | 7 | 19 | 27 | 23 |
| Tax % | 2% | 16% | 27% | 29% | 27% | 24% | |
| 0 | 1 | 1 | 5 | 14 | 21 | 17 | |
| EPS in Rs | 55.56 | 85.56 | 45.00 | 99.80 | 4.45 | 5.25 | 4.24 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 16% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 118% |
| 3 Years: | 221% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 15% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.90 | 0.90 | 1 | 5 | 15 | 20 | 20 |
| Reserves | 8 | 9 | 9 | 14 | 73 | 274 | 281 |
| 33 | 46 | 49 | 47 | 62 | 1 | 7 | |
| 23 | 32 | 39 | 17 | 26 | 17 | 17 | |
| Total Liabilities | 65 | 88 | 99 | 84 | 176 | 312 | 324 |
| 13 | 13 | 12 | 19 | 21 | 23 | 22 | |
| CWIP | 0 | 7 | 8 | 0 | 5 | 5 | 5 |
| Investments | 0 | 0 | 0 | 0 | 40 | 64 | 64 |
| 52 | 68 | 79 | 65 | 110 | 220 | 233 | |
| Total Assets | 65 | 88 | 99 | 84 | 176 | 312 | 324 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -1 | 3 | 2 | -12 | -41 | ||
| -9 | -3 | 0 | -49 | -52 | ||
| 11 | 0 | -2 | 62 | 120 | ||
| Net Cash Flow | 0 | 0 | -0 | 0 | 27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 173 | 128 | 119 | 74 | 79 | 117 |
| Inventory Days | 50 | 59 | 88 | 145 | 211 | 224 |
| Days Payable | 115 | 128 | 152 | 52 | 62 | 25 |
| Cash Conversion Cycle | 108 | 59 | 55 | 167 | 227 | 317 |
| Working Capital Days | 26 | 9 | 12 | 37 | 65 | 256 |
| ROCE % | 10% | 9% | 19% | 25% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Customer Dependence - Top 10 Customers % |
|
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| Sales Volume - Bonding Gum Tonnes |
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| Sales Volume - PCTR Tonnes |
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| Sales Volume - Tyres Numbers |
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| Capacity Utilization - PCTR (India) % |
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| Capacity Utilization - PCTR (UAE) % |
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| Capacity Utilization - Tyres % |
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| Installed Capacity - PCTR (Precured Tread Rubber) Tonnes |
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| Installed Capacity - Tyres Numbers |
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| Sales Volume - Rubber Compound Tonnes |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
17 Feb - Investor presentation on the un audited financial results for the quarter and nine months ended December 31, 2025
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Copy of news paper publication of financial results for the quarter and nine months ended December 31, 2025
-
Announcement under Regulation 30 (LODR)-Investor Presentation
13 Feb - Investor presentation for the quarter and nine months ended December 31, 2025
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 Feb - Q3 FY26 revenue ₹93.29cr (+33.8% YoY); 9M revenue ₹249.13cr; Q3 PAT ₹10.49cr.
- Un-Audited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended December 31, 2025 13 Feb
Annual reports
Concalls
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT REC
-
Aug 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT REC
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Oct 2024TranscriptAI SummaryPPT
Business Overview:[1]
TTL manufactures Precured Tread Rubber (PCTR) and tyres for light commercial, agricultural, and two/three-wheelers under the Tolins Tyres brand. It has also integrated backward to produce Bonding Gum, Vulcanizing Solutions, Tyre Flaps, and Tubes.