Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Innovative Tyres
Join Channel
Consolidated Standalone

Innovative Tyres

₹6.6 0 | 0%

WEBSITE BSE:0 NSE : 17 May, 00:00

Market Cap ₹12 Cr.

Stock P/E

P/B -0.2

Current Price ₹6.6

Book Value ₹ -28.6

Face Value 10

52W High ₹10.3

Dividend Yield 0%

52W Low ₹ 2.1

Edit Ratio

Innovative Tyres Research see more...

Overview Inc. Year: 1995Industry: Tyres & Allied

Innovative Tyres Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Innovative Tyres Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Innovative Tyres Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 103 126 129 124 131 140 172 149 139 52 2
Other Income 5 1 1 2 2 1 2 2 1 2 0
Total Income 107 127 131 126 133 140 174 151 140 54 2
Total Expenditure 98 117 119 114 118 126 164 149 137 102 55
Operating Profit 10 10 12 12 14 14 9 2 3 -48 -53
Interest 6 4 5 5 4 3 2 3 4 3 0
Depreciation 2 2 3 4 4 5 6 8 8 8 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 3 5 3 6 6 1 -9 -9 -59 -61
Provision for Tax -1 1 1 0 1 2 -0 1 -0 -0 -8
Profit After Tax 3 2 4 3 5 4 1 -10 -9 -59 -53
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 2 4 3 5 4 1 -10 -9 -59 -53
Adjusted Earnings Per Share 4.2 2.4 4.4 3.2 5.1 2.4 0.6 -5.5 -4.9 -32.8 -29.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -96% -76% -57% -33%
Operating Profit CAGR 0% NAN% NAN% NAN%
PAT CAGR 0% 0% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 187% -6% -21% NA%
ROE Average 0% -68% -43% -14%
ROCE Average -480% -192% -116% -45%

Innovative Tyres Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 27 28 36 44 53 85 86 76 68 9 -44
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 27 5 2 0 4 3 6 5 6 0 0
Other Non-Current Liabilities 5 32 32 27 32 26 35 35 10 8 0
Total Current Liabilities 41 44 65 54 51 43 51 56 78 80 80
Total Liabilities 101 109 136 125 140 158 178 172 161 98 36
Fixed Assets 61 61 60 60 65 88 108 104 97 90 32
Other Non-Current Assets 8 11 16 15 16 10 7 3 4 2 2
Total Current Assets 31 38 60 51 58 59 63 65 61 6 2
Total Assets 101 109 136 125 140 158 178 172 161 98 36

Innovative Tyres Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 5 3 4 3 4 4 8 4 3 4 0
Cash Flow from Operating Activities 4 13 8 9 3 9 4 3 3 -3 1
Cash Flow from Investing Activities -8 -5 -6 -4 -4 -23 -17 0 -1 2 0
Cash Flow from Financing Activities 2 -8 -2 -5 1 17 8 -3 -1 -2 0
Net Cash Inflow / Outflow -2 0 0 0 0 4 -4 -0 1 -4 1
Closing Cash & Cash Equivalent 3 4 4 4 4 8 4 3 4 0 1

Innovative Tyres Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 4.19 2.41 4.41 3.23 5.09 2.44 0.55 -5.46 -4.91 -32.76 -29.42
CEPS(Rs) 6.45 4.46 7.2 7.3 9.26 5.4 4.14 -0.86 -0.26 -28.42 -24.87
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 34.1 30.15 34.56 40.13 39.88 43.38 43.93 38.47 33.55 0.79 -28.63
Core EBITDA Margin(%) 4.72 7.25 7.85 7.83 9.39 9.76 4.28 0.09 1.52 -97.51 -3286.22
EBIT Margin(%) 7.54 6.19 6.99 6.72 7.69 6.4 1.74 -4.33 -3.76 -108.68 -3774.97
Pre Tax Margin(%) 2.19 2.69 3.57 2.64 4.58 4.42 0.53 -6.22 -6.38 -114.62 -3780.37
PAT Margin (%) 3.12 1.77 3.13 2.43 3.62 3.12 0.58 -6.6 -6.35 -114.29 -3258.83
Cash Profit Margin (%) 4.8 3.28 5.11 5.5 6.58 6.89 4.33 -1.04 -0.34 -99.16 -2755.07
ROA(%) 3.48 2.15 3.36 2.37 3.69 2.96 0.59 -5.61 -5.3 -45.5 -79.22
ROE(%) 13.09 8.22 13.64 8.75 12.73 7.56 1.26 -13.26 -13.65 -190.74 0
ROCE(%) 11.86 12.63 16.65 14 16.03 11.54 3.11 -6.69 -5.96 -90.66 -480.42
Receivable days 17.42 18.21 38.69 51.22 40.6 33.06 25.38 37.44 41.72 56.27 229.62
Inventory Days 58.24 55.26 64.22 69.49 69.76 80.35 78.41 103.02 105.91 147.38 286.82
Payable days 114.9 88.73 126.54 160.68 106.38 51.14 35.2 45.69 87.06 143.62 4298.69
PER(x) 0 0 0 0 0 15.75 44.93 0 0 0 0
Price/Book(x) 0 0 0 0 0 0.89 0.56 0.16 0.25 6.98 -0.08
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.49 0.24 0.22 0.23 0.25 0.53 0.37 0.2 0.25 0.92 25.24
EV/Core EBITDA(x) 5.19 3.04 2.35 2.3 2.29 5.15 6.72 16.41 11.3 -0.98 -0.77
Net Sales Growth(%) 17.95 22.86 2.4 -4.26 5.9 6.62 23.14 -13.35 -6.51 -62.95 -96.85
EBIT Growth(%) 64.89 -0.73 16.86 -7.12 21.36 -13.05 -66.92 -315.83 18.78 -970.55 -9.41
PAT Growth(%) 606.03 -31.33 82.78 -24.86 57.66 -9.97 -77.46 -1091.41 10.03 -566.65 10.19
EPS Growth(%) 606.03 -42.35 82.78 -26.81 57.66 -51.99 -77.47 -1091.45 10.03 -566.65 10.19
Debt/Equity(x) 1.72 0.85 0.69 0.46 0.44 0.16 0.28 0.32 0.4 26.29 -0.74
Current Ratio(x) 0.77 0.85 0.91 0.94 1.14 1.37 1.24 1.15 0.78 0.07 0.02
Quick Ratio(x) 0.28 0.42 0.49 0.55 0.54 0.64 0.41 0.41 0.28 0.04 0.02
Interest Cover(x) 1.41 1.77 2.04 1.65 2.47 3.24 1.44 -2.29 -1.44 -18.29 -699.21
Total Debt/Mcap(x) 0 0 0 0 0 0.18 0.5 1.93 1.58 3.77 8.99

Innovative Tyres Shareholding Pattern

# Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
Promoter 24.82 24.82 24.82 24.82 24.82 19.49 14 14 14 14
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 75.18 75.18 75.18 75.18 75.18 80.51 86 86 86 86
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0.2 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 14%.
  • Company has a low return on equity of -68% over the last 3 years.
  • Debtor days have increased from 143.62 to 4298.69days.

* 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.

Innovative Tyres News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!