Innovative Tyres & Tubes Ltd.

View in App
5.40 +0.20 ▲3.9%

06 December 2023, 03:31:54 PM
Volume: 48,000

Company Profile

View details >>
Sector Automobile & Ancillaries Compare with Sector peers
Industry Tyres & Allied Compare with Industry peers
Website http://www.innovativetyres.com
Market Cap 9.72 Cr.
Enterprise Value(EV) 42.18 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) -29.42 Trailing Twelve Months Ending 2023-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2023-03
Industry PE 27.29 Trailing Twelve Months Ending 2023-03
Book Value / Share 0.79 Trailing Twelve Months Ending 2023-03
Price to Book Value 6.79 Calculated using Price: 5.40
Dividend Yield 0.00 Period Ending 2022-03
No. of Shares Subscribed 1.80 Cr. 17,991,561 Shares
FaceValue 10
About Innovative Tyres & Tubes Ltd.
They are a tyre and tube manufacturing Company, manufacturing & marketing their products under flagship brand ‘Innovative'. They started their journey with the acquisition of a greenfield project situated at Halol in auction from Gujarat State Financial Corporation and State Bank of Bikaner & Jaipur vide agreement dated December 15, 1995. Thereafter, they revamped the closed company to their tube manufacturing facility at this property and started manufacturing of tubes in the year 1996. Within a short time after their inception, they were able to successfully get their facility approved by CEAT for carrying out job work activities for them. The Company is manufacturing all segments of Nylon Tyres. The Company is catering to domestic markets/after sales market, OEMs and is also exporting its products.

Innovative Tyres & Tubes Ltd. Delivery

View details >>
Delivered Qty
Traded Qty

Innovative Tyres & Tubes Ltd. Performance

View details >>
1 Day
+3.85%
1 Week
+0.93%
1 Month
+5.88%
3 Month
+11.34%
6 Month
+125.00%
1 Year
+125.00%
2 Year
-39.66%
5 Year
-80.0%
10 Year

Innovative Tyres & Tubes Ltd. Fundamental Ratios

View details >>
9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03
Return on Equity (%) 8.22 13.64 8.75 12.73 7.56 1.26 -13.26 -13.65 -190.74
Return on Capital Employed (%) 12.63 16.65 14.00 16.03 11.54 3.11 -6.69 -5.96 -90.66
Return on Assets (%) 2.15 3.36 2.37 3.69 2.96 0.59 -5.61 -5.30 -45.50

Innovative Tyres & Tubes Ltd. Balance Sheet

View details >>
Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03* Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 36 44 53 85 86 77 68 9 -44 -9
Non Curr. Liab. 34 27 35 29 41 39 16 8 1
Curr. Liab. 65 54 51 43 51 56 78 80 80 33
Minority Int.
Equity & Liab. 136 125 140 158 178 172 161 98 36 34
Non Curr. Assets 76 75 81 99 115 107 101 92 34 32
Curr. Assets 60 51 58 59 63 65 61 6 2 2
Misc. Exp. not W/O
Total Assets 136 125 140 158 178 172 161 98 36 34

Innovative Tyres & Tubes Ltd. Profit and Loss

View details >>
Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Net Sales 103 126 129 124 131 140 172 149 139 52
Other Income 5 1 1 2 2 1 2 2 1 2
Total Income 107 127 131 126 133 140 174 151 140 54
Total Expenditure -98 -117 -119 -114 -118 -126 -164 -149 -137 -102
PBIDT 10 10 12 12 14 14 9 2 3 -48
Interest -6 -4 -5 -5 -4 -3 -2 -3 -4 -3
Depreciation -2 -2 -3 -4 -4 -5 -6 -8 -8 -8
Taxation 1 -1 -1 0 -1 -2 0 -1 0 0
Exceptional Items
PAT 3 2 4 3 5 4 1 -10 -9 -59
Adjusted EPS 4 2 4 3 5 2 1 -5 -5 -33

Innovative Tyres & Tubes Ltd. Cash Flow

View details >>
Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr.
Cash Fr. Operatn. 4 13 8 9 3 9 5 3 3 -3
Cash Fr. Inv. -8 -5 -6 -4 -4 -23 -17 0 -1 2
Cash Fr. Finan. 2 -8 -2 -5 1 17 8 -3 -1 -2
Net Change -2 0 0 0 0 4 -4 0 1 -4
Cash & Cash Eqvt 3 4 4 4 4 8 4 3 4 0

Innovative Tyres & Tubes Ltd. Shareholding Pattern

View details >>
9 Qtrs 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2022-03 (%) 2022-09 (%) 2023-03 (%) 2023-09 (%)
Promoter 24.82 24.82 24.82 24.82 24.82 19.49 14.00 14.00 14.00
Public 75.18 75.17 75.18 75.18 75.18 80.51 86.00 86.01 86.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 45.56 45.56 45.56 45.56 0.00 58.03 0.00 80.77 80.77

Innovative Tyres & Tubes Ltd. Announcements

View details >>

No Corporate Announcement found.

Innovative Tyres & Tubes Ltd. Technical Scans

View details >>
Wed, 06 Dec 2023
High Delivery Percentage High Delivery Percentage
Making Lower Lows for 2 Days Making Lower Lows for 2 Days
High Increase in 6 Months High Increase in 6 Months
High Increase in 1 Year High Increase in 1 Year
RSI Trending Up RSI Trending Up

Innovative Tyres & Tubes Ltd. Related Stocks

View details >>
  • SALES
Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 320,975.17 10,625.75 -0.9%
Tata Motors Ltd. 240,024.50 722.45 +1.9%
Mahindra & Mahindra Ltd. 211,704.57 1,702.40 +1.0%
Bajaj Auto Ltd. 172,032.41 6,069.95 -1.1%
Eicher Motors Ltd. 110,906.46 4,047.00 -2.2%
TVS Motor Company Ltd. 89,753.46 1,888.75 -0.8%
Hero MotoCorp Ltd. 75,193.55 3,761.05 -1.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-09 28.28 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-09 15.65 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-09 18.95 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-09 25.14 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-09 30.97 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-09 61.57 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-09 23.15 3,761.05 -1.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-09 4.88 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-09 4.48 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-09 3.50 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-09 5.87 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-09 6.96 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-09 14.20 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-09 4.25 3,761.05 -1.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-03 2.78 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-03 0.02 3,761.05 -1.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-03 5.24 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 3,761.05 -1.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-03 5.24 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 3,761.05 -1.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-03 34,158.38 3,761.05 -1.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 10,625.75 -0.9%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 722.45 +1.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 1,702.40 +1.0%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 6,069.95 -1.1%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,047.00 -2.2%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 1,888.75 -0.8%
Hero MotoCorp Ltd. Consolidated 2023-03 2,799.90 3,761.05 -1.2%

Innovative Tyres & Tubes Ltd. FAQ's

What is Innovative Tyres share price?
Can I buy Innovative Tyres shares now?
What is the Market Cap of Innovative Tyres?
What are the key metrics to analyse Innovative Tyres?
What is the 52 Week High and Low of Innovative Tyres?
What is the trend of Innovative Tyres share price?