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Birla Tyres

₹5.4 0 | 0%

Market Cap ₹77 Cr.

Stock P/E -0.2

P/B -0.1

Current Price ₹5.4

Book Value ₹ -88.3

Face Value 10

52W High ₹6

Dividend Yield 0%

52W Low ₹ 4.2

Birla Tyres Research see more...

Overview Inc. Year: 2018Industry: Tyres & Allied

Birla Tyres Share Price

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Birla Tyres Quarterly Results

#(Fig in Cr.) Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Mar 2023
Net Sales 40 47 21 3 0 1 1 0 0 6
Other Income 0 0 15 1 10 2 4 0 0 1
Total Income 40 47 37 4 10 3 6 0 0 7
Total Expenditure 62 68 49 14 5 10 7 6 3 -1
Operating Profit -22 -21 -12 -11 6 -8 -2 -6 -3 8
Interest 43 47 30 42 43 45 46 18 0 0
Depreciation 8 8 8 8 8 8 7 6 4 3
Exceptional Income / Expenses 0 0 0 0 0 -45 -390 0 0 0
Profit Before Tax -73 -76 -50 -60 -45 -106 -445 -30 -7 5
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -73 -76 -50 -60 -45 -106 -445 -30 -7 5
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments -73 -76 -50 -60 -45 -106 -445 -30 -7 5
Adjusted Earnings Per Share -5.1 -5.3 -3.5 -4.2 -3.1 -7.4 -31.2 -2.1 -0.5 0.3

Birla Tyres Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
Net Sales 0 472 137 5 7
Other Income 0 69 29 29 5
Total Income 0 541 166 35 13
Total Expenditure 0 638 258 49 15
Operating Profit -0 -97 -92 -14 -3
Interest 0 152 162 176 64
Depreciation 0 38 33 30 20
Exceptional Income / Expenses 0 0 0 -436 -390
Profit Before Tax -0 -287 -288 -656 -477
Provision for Tax 0 0 0 0 0
Profit After Tax -0 -287 -288 -656 -477
Adjustments 0 0 0 0 0
Profit After Adjustments -0 -287 -288 -656 -477
Adjusted Earnings Per Share 0 -20.1 -20.2 -46 -33.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -96% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 19% -39% NA% NA%
ROE Average 0% 0% 0% 0%
ROCE Average -288% -119% -89% -89%

Birla Tyres Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022
Shareholder's Funds 0 -283 -567 -1221
Minority's Interest 0 0 0 0
Borrowings 0 620 0 0
Other Non-Current Liabilities 0 173 24 18
Total Current Liabilities 0 1119 2040 2211
Total Liabilities 0 1628 1497 1008
Fixed Assets 0 517 477 447
Other Non-Current Assets 0 847 846 409
Total Current Assets 0 264 174 151
Total Assets 0 1628 1497 1008

Birla Tyres Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022
Opening Cash & Cash Equivalents 0 0 3 1
Cash Flow from Operating Activities 0 215 -27 -15
Cash Flow from Investing Activities 0 13 16 1
Cash Flow from Financing Activities 0 -135 30 19
Net Cash Inflow / Outflow 0 93 19 5
Closing Cash & Cash Equivalent 0 -112 -167 -180

Birla Tyres Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022
Earnings Per Share (Rs) 0 -20.1 -20.17 -45.98
CEPS(Rs) -10 -17.44 -17.84 -43.91
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0 -19.85 -39.75 -85.66
Core EBITDA Margin(%) 0 -35.24 -87.79 -805.79
EBIT Margin(%) 0 -28.61 -91.19 -8853.13
Pre Tax Margin(%) 0 -60.77 -209.39 0
PAT Margin (%) 0 -60.77 -209.39 0
Cash Profit Margin (%) 0 -52.71 -185.15 0
ROA(%) -100 -35.21 -18.4 -52.35
ROE(%) 0 0 0 0
ROCE(%) 0 -43.95 -24.32 -288.09
Receivable days 0 89.33 294.56 7062.94
Inventory Days 0 59.44 157.34 2355.32
Payable days 0 309.15 1085.99 8884.71
PER(x) 0 0 0 0
Price/Book(x) 0 -0.15 -0.57 -0.24
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0 1.95 9.5 265.07
EV/Core EBITDA(x) 0 -9.49 -14.18 -99.71
Net Sales Growth(%) 0 0 -70.88 -96.06
EBIT Growth(%) 0 0 7.16 -282.79
PAT Growth(%) 0 0 -0.33 -127.96
EPS Growth(%) 0 0 -0.33 -127.96
Debt/Equity(x) 0 -3.17 -1.73 -0.93
Current Ratio(x) 1 0.24 0.09 0.07
Quick Ratio(x) 1 0.17 0.07 0.06
Interest Cover(x) 0 -0.89 -0.77 -2.72
Total Debt/Mcap(x) 0 21.33 3.03 3.81

Birla Tyres Shareholding Pattern

# Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Dec 2022 Mar 2023
Promoter 53.13 53.13 53.13 53.13 50.91 50.91 48.68 38.47 33.15 31.43
FII 0 0 0 0 0.01 0.03 0.01 0.06 0 0
DII 3.74 3.74 2.38 1.08 2.22 2.22 4.45 3.53 0.03 0.03
Public 38.18 38.19 39.54 40.84 41.93 41.91 41.93 53.01 61.88 63.6
Others 4.94 4.94 4.94 4.94 4.94 4.94 4.94 4.94 4.94 4.94
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0.1 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 31.43%.
  • Company has a low return on equity of 0% over the last 3 years.
  • Debtor days have increased from 1085.99 to 8884.71days.
  • Earnings include an other income of Rs. 29 Cr.

* 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.

Birla Tyres News

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