Viaz Tyres Ltd

Viaz Tyres Ltd

₹ 64.4 0.70%
04 Jun - close price
About

Incorporated in 2018, Viaz Tyres Ltd manufactures Tyre Tubes of vehicles[1]

Key Points

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.

  • Market Cap 92.2 Cr.
  • Current Price 64.4
  • High / Low 99.6 / 51.2
  • Stock P/E 17.5
  • Book Value 42.8
  • Dividend Yield 0.00 %
  • ROCE 13.0 %
  • ROE 10.8 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 137 to 72.2 days.
  • Promoter holding has increased by 2.03% over last quarter.
  • Company's working capital requirements have reduced from 128 days to 76.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 9.33% 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
28 28 29 43 66
26 25 25 38 60
Operating Profit 3 3 4 4 5
OPM % 10% 11% 15% 10% 8%
0 0 0 0 1
Interest 1 1 1 1 2
Depreciation 1 1 1 1 1
Profit before tax 2 2 3 3 4
Tax % 27% 14% 31% 26% 5%
1 1 2 2 3
EPS in Rs 1.01 1.06 1.67 1.65 2.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
50 57 108
45 50 99
Operating Profit 5 7 10
OPM % 10% 13% 9%
0 1 1
Interest 1 1 2
Depreciation 1 2 2
Profit before tax 3 4 6
Tax % 23% 25% 14%
2 3 5
EPS in Rs 1.93 2.73 3.68
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 89%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 58%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 9%
1 Year: 17%
Return on Equity
10 Years: %
5 Years: %
3 Years: 9%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
Equity Capital 12 12 14
Reserves 21 25 47
14 16 20
4 6 7
Total Liabilities 51 59 88
12 11 20
CWIP 0 0 12
Investments 0 0 0
39 48 56
Total Assets 51 59 88

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
4 -3 15
-2 -1 -36
2 1 21
Net Cash Flow 3 -3 1
Free Cash Flow 2 -3 -20
CFO/OP 87% -36% 160%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2024 Mar 2025 Mar 2026
Debtor Days 145 194 72
Inventory Days 110 113 53
Days Payable 17 27 8
Cash Conversion Cycle 238 280 117
Working Capital Days 142 166 76
ROCE % 12% 13%

Insights

In beta
Mar 2007 Mar 2020 Mar 2023 Mar 2024 Mar 2025
Installed Production Capacity (Tubes)
Tubes per month ・Standalone data

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Annual Production Capacity (Tubes)
Tubes per annum ・Standalone data
International Distributors
Number ・Standalone data
International Presence (Countries)
Number of Countries ・Standalone data
Permanent Employees
Number ・Standalone data
Domestic Reach (States)
Number of States ・Standalone data
Solar Power Generation
KW ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Nov 2025Mar 2026
73.08% 73.08% 73.08% 73.08% 73.08% 73.08% 66.63% 68.66%
26.93% 26.92% 26.92% 26.92% 26.92% 26.92% 33.37% 31.34%
No. of Shareholders 457445495510463423441446

Documents