| Sector |
Automobile & Ancillaries
|
Compare with Sector peers |
| Industry |
Tyres & Allied
|
Compare with Industry peers |
| Website | http://www.innovativetyres.com | |
| Market Cap | 12.50 Cr. | |
| Enterprise Value(EV) | 45.33 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 | 24.11 | Trailing Twelve Months Ending 2023-03 |
| Book Value / Share | -28.63 | Trailing Twelve Months Ending 2023-03 |
| Price to Book Value | -0.24 | Calculated using Price: 6.95 |
| Dividend Yield | 0.00 | Period Ending 2023-03 |
| 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. | ||
| 1 Day |
|
|
| 1 Week |
|
-2.11% |
| 1 Month |
|
+16.81% |
| 3 Month |
|
-14.72% |
| 6 Month |
|
+15.83% |
| 1 Year |
|
+189.58% |
| 2 Year |
|
+32.38% |
| 5 Year |
|
-69.11% |
| 10 Year |
|
| 9 years | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | 2022-03 | 2023-03 | |
| Return on Equity (%) | 13.64 | 8.75 | 12.73 | 7.56 | 1.26 | -13.26 | -13.65 | -190.74 | 0 | |
| Return on Capital Employed (%) | 16.65 | 14 | 16.03 | 11.54 | 3.11 | -6.69 | -5.96 | -90.66 | -480.42 | |
| Return on Assets (%) | 3.36 | 2.37 | 3.69 | 2.96 | 0.59 | -5.61 | -5.3 | -45.5 | -79.22 |
| 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 |
| Particulars | 10 years | 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. | 2023-03 Rs. Cr. |
| Net Sales | 126 | 129 | 124 | 131 | 140 | 172 | 149 | 139 | 52 | 2 | |
| Other Income | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 0 | |
| Total Income | 127 | 131 | 126 | 133 | 140 | 174 | 151 | 140 | 54 | 2 | |
| Total Expenditure | -117 | -119 | -114 | -118 | -126 | -164 | -149 | -137 | -102 | -55 | |
| PBIDT | 10 | 12 | 12 | 14 | 14 | 9 | 2 | 3 | -48 | -53 | |
| Interest | -4 | -5 | -5 | -4 | -3 | -2 | -3 | -4 | -3 | 0 | |
| Depreciation | -2 | -3 | -4 | -4 | -5 | -6 | -8 | -8 | -8 | -8 | |
| Taxation | -1 | -1 | 0 | -1 | -2 | 0 | -1 | 0 | 0 | 8 | |
| Exceptional Items | |||||||||||
| PAT | 2 | 4 | 3 | 5 | 4 | 1 | -10 | -9 | -59 | -53 | |
| Adjusted EPS | 2 | 4 | 3 | 5 | 2 | 1 | -5 | -5 | -33 | -29 |
| Particulars | 10 years | 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. | 2023-03 Rs. Cr. |
| Cash Fr. Operatn. | 13 | 8 | 9 | 3 | 9 | 5 | 3 | 3 | -3 | 1 | |
| Cash Fr. Inv. | -5 | -6 | -4 | -4 | -23 | -17 | 0 | -1 | 2 | 0 | |
| Cash Fr. Finan. | -8 | -2 | -5 | 1 | 17 | 8 | -3 | -1 | -2 | 0 | |
| Net Change | 0 | 0 | 0 | 0 | 4 | -4 | 0 | 1 | -4 | 1 | |
| Cash & Cash Eqvt | 4 | 4 | 4 | 4 | 8 | 4 | 3 | 4 | 0 | 1 |
|
Thu, 18 Apr 2024
Updates Innovative Tyres and Tubes Limited has informed the Exchange regarding 'Intimation of Tax ascertainment Communication from CGST , Vadodara '. |
|
Sat, 13 Apr 2024
Updates Innovative Tyres and Tubes Limited has informed the Exchange regarding 'Non Applicability of Circular No.SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023'. |
|
Mon, 08 Apr 2024
Certificate under SEBI (Depositories and Participants) Regulations, 2018 Innovative Tyres and Tubes Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |
| Fri, 26 Apr 2024 |
High Delivery Percentage
|
High Increase in 1 Month
|
High Decrease in 3 Months
|
High Increase in 6 Months
|
High Increase in 1 Year
|
