Viaz Tyres Ltd
- Market Cap ₹ 92.2 Cr.
- Current Price ₹ 64.4
- High / Low ₹ 99.6 / 51.2
- Stock P/E 26.9
- Book Value ₹ 41.4
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 7.14 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 141 to 84.4 days.
- Promoter holding has increased by 2.03% over last quarter.
- Company's working capital requirements have reduced from 132 days to 89.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.92% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.42%
* 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
Consumer Discretionary Automobile and Auto Components Auto Components Tyres & Rubber Products
Part of Nifty SME Emerge
Half Yearly 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 19.87 | 29.14 | 29.20 | 45.92 | 50.37 | 57.26 | 82.98 | |
| 17.55 | 25.24 | 24.77 | 41.02 | 45.29 | 49.98 | 75.48 | |
| Operating Profit | 2.32 | 3.90 | 4.43 | 4.90 | 5.08 | 7.28 | 7.50 |
| OPM % | 11.68% | 13.38% | 15.17% | 10.67% | 10.09% | 12.71% | 9.04% |
| 0.08 | 0.03 | 0.11 | 0.36 | 0.33 | 0.52 | 0.95 | |
| Interest | 1.18 | 1.43 | 1.36 | 1.28 | 1.14 | 1.47 | 2.27 |
| Depreciation | 1.03 | 1.85 | 1.44 | 1.27 | 1.20 | 1.86 | 1.84 |
| Profit before tax | 0.19 | 0.65 | 1.74 | 2.71 | 3.07 | 4.47 | 4.34 |
| Tax % | 26.32% | 6.15% | 17.24% | 25.46% | 22.80% | 25.06% | 20.97% |
| 0.15 | 0.61 | 1.44 | 2.02 | 2.37 | 3.34 | 3.43 | |
| EPS in Rs | 0.35 | 1.44 | 3.39 | 1.65 | 1.93 | 2.73 | 2.40 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 22% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 19% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.25 | 4.25 | 4.25 | 12.25 | 12.25 | 12.25 | 14.31 |
| Reserves | 0.08 | 0.69 | 1.78 | 18.85 | 21.22 | 24.56 | 44.94 |
| 18.96 | 20.48 | 19.96 | 10.87 | 13.54 | 15.59 | 19.69 | |
| 1.01 | 1.72 | 2.67 | 3.98 | 3.87 | 6.50 | 6.75 | |
| Total Liabilities | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 | 58.90 | 85.69 |
| 8.85 | 7.99 | 7.60 | 6.51 | 11.86 | 11.27 | 20.11 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.63 |
| Investments | 0.21 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 13.44 |
| 15.24 | 18.93 | 21.06 | 39.44 | 39.02 | 47.63 | 40.51 | |
| Total Assets | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 | 58.90 | 85.69 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -10.66 | 4.47 | 2.85 | -12.57 | 3.66 | -2.65 | 15.32 | |
| -7.76 | -0.99 | -1.30 | -0.13 | -2.08 | -0.58 | -35.75 | |
| 18.49 | -3.42 | -1.87 | 12.68 | 1.53 | 0.59 | 20.84 | |
| Net Cash Flow | 0.06 | 0.07 | -0.32 | -0.02 | 3.11 | -2.65 | 0.40 |
| Free Cash Flow | -18.23 | 3.47 | 1.54 | -12.71 | 1.58 | -2.93 | -20.22 |
| CFO/OP | -459% | 115% | 70% | -241% | 87% | -36% | 205% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 27.92 | 60.12 | 130.75 | 153.81 | 145.14 | 194.36 | 84.45 |
| Inventory Days | 259.84 | 143.04 | 145.03 | 112.38 | 110.21 | 112.92 | 71.03 |
| Days Payable | 19.00 | 25.33 | 28.77 | 27.35 | 17.05 | 26.97 | 10.80 |
| Cash Conversion Cycle | 268.77 | 177.83 | 247.01 | 238.84 | 238.30 | 280.31 | 144.68 |
| Working Capital Days | 138.14 | 80.42 | 105.12 | 168.75 | 141.81 | 165.93 | 89.73 |
| ROCE % | 8.54% | 12.06% | 11.74% | 9.46% | 11.95% | 10.07% |
Insights
In beta| Mar 2007 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Installed Production Capacity (Tubes) Tubes per month |
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| Annual Production Capacity (Tubes) Tubes per annum |
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| International Distributors Number |
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| International Presence (Countries) Number of Countries |
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| Permanent Employees Number |
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| Domestic Reach (States) Number of States |
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| Solar Power Generation KW |
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Extracted by Screener AI
Documents
Announcements
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General Updates
4 June 2026 - Stock Knocks interview and factory visit video published for investor awareness.
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Disclosure under SEBI Takeover Regulations
3 June 2026 - Promoter disclosed no encumbrance on Viaz Tyres shares during FY ended 31 March 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
25 May 2026 - Viaz Tyres will host a Stock Knocks interaction on 30 May 2026 at 11:00 AM.
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Analysts/Institutional Investor Meet/Con. Call Updates
23 May 2026 - Submitted transcript of H2/FY26 earnings call; FY26 revenue up 89.2%, PAT up 58%, capex ₹50-55 crore.
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Analysts/Institutional Investor Meet/Con. Call Updates
20 May 2026 - Audio recording of earnings conference call for audited FY2026 results available on website.
Annual reports
Concalls
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May 2026Transcript PPT
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Apr 2025TranscriptAI SummaryPPT
Business Overview:[1]
VTL manufactures rubber tubes for a wide range of vehicles, including bicycles, two- and three-wheelers, passenger cars, and heavy-load industrial vehicles. It supplies ancillary products like OTR tyre tubes, ADV tubes, engine oil, and grease through white-label partnerships.