Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹344 Cr.
Stock P/E
9.6
P/B
0.9
Current Price
₹87
Book Value
₹ 93
Face Value
5
52W High
₹197.7
52W Low
₹ 83.3
Dividend Yield
0%

Tolins Tyres Overview

Business

Tolins Tyres Ltd. operates in the Tyres & Allied sector within India. Its core business likely involves the manufacturing, distribution, and sale of various types of tyres. This typically includes a range of products such as tyres for passenger vehicles (cars, SUVs), commercial vehicles (trucks, buses), two-wheelers (motorcycles, scooters), and potentially off-the-road (OTR) or agricultural vehicles. The company generates revenue through direct sales to original equipment manufacturers (OEMs), sales to the aftermarket (replacement market through dealers and distributors), and potentially through exports.

Revenue Mix

Specific details on Tolins Tyres Ltd.'s revenue mix are not available. However, in the broader tyre industry, common segments include:

Passenger Vehicle Tyres: Catering to cars, SUVs, and vans.

Commercial Vehicle Tyres: For trucks, buses, and light commercial vehicles.

Two/Three-Wheeler Tyres: For motorcycles, scooters, and auto-rickshaws.

Off-The-Road (OTR) / Agricultural Tyres: For specialized industrial and farming equipment.

Exports: Sales to international markets.

Revenue is typically generated from a combination of OEM sales and replacement market sales, with the latter often contributing a significant portion due to its consistent demand.

Industry

The Indian tyre industry is highly competitive, characterized by the presence of large domestic players (e.g., MRF, Apollo Tyres, JK Tyre, CEAT) as well as global manufacturers. The industry is capital-intensive and driven by demand from the automotive sector and the aftermarket. Given the commonality of the name and without specific market share data, Tolins Tyres Ltd. is likely a smaller-to-mid-sized player, potentially focusing on specific regional markets, product niches, or catering to a particular price segment within the highly fragmented Indian market. Its positioning would be relative to the established giants, possibly competing on price, localized distribution, or specialized product offerings.

MOAT

Without specific company details, it's challenging to ascertain a strong, durable competitive advantage (moat) for Tolins Tyres Ltd. Potential moats in the tyre industry could include:

Brand Recognition & Loyalty: Hard to build for smaller players against established brands.

Extensive Distribution Network: A strong pan-India or regional dealer network can be a significant advantage.

Scale Economies & Cost Leadership: Large manufacturers benefit from volume discounts on raw materials and efficient production processes.

Technological Expertise: R&D in tyre compounds and designs.

Switching Costs: Generally low in the tyre industry for consumers, but can exist for OEM contracts.

For a company like Tolins, any potential moat might lie in specialized product offerings, strong regional market penetration, cost-effective manufacturing, or efficient supply chain management tailored to specific customer segments.

Growth Drivers

Key factors that can drive growth for Tolins Tyres Ltd. over the next 3-5 years include:

Automotive Sector Growth: Increasing sales of new vehicles (passenger cars, commercial vehicles, two-wheelers) in India will boost OEM demand.

Replacement Market Demand: A growing vehicle parc (total number of vehicles on the road) consistently drives demand for replacement tyres.

Infrastructure Development: Government focus on road infrastructure and logistics improvements fuels demand for commercial vehicle tyres.

Rising Disposable Income: Leads to increased vehicle ownership and maintenance spending.

Export Opportunities: Expanding into international markets, particularly in developing economies.

Technological Advancements: Introduction of more fuel-efficient, durable, or specialized tyres.

Risks

Key business risks for Tolins Tyres Ltd. include:

Raw Material Price Volatility: Tyres are highly dependent on natural rubber and crude oil derivatives (synthetic rubber, carbon black), making profitability susceptible to global commodity price fluctuations.

Intense Competition: The presence of large domestic and international players can lead to pricing pressure and market share erosion.

Economic Slowdown: A downturn in the Indian economy can negatively impact automotive sales (OEM demand) and consumer spending on replacements.

Import Competition: Influx of cheaper tyres from international markets, especially from East Asia.

Regulatory Changes: Environmental regulations, import duties, or safety standards can impact production costs and product specifications.

Currency Fluctuations: For companies involved in exports or importing raw materials, exchange rate volatility poses a risk.

Management & Ownership

Specific details regarding the promoters, management quality, or ownership structure of Tolins Tyres Ltd. are not provided in the input. In India, many companies, especially in this sector, are often promoter-driven, with significant family ownership and involvement in management. Management quality would typically be assessed based on strategic vision, operational efficiency, financial performance, and corporate governance practices.

Outlook

Tolins Tyres Ltd. operates in a dynamic sector driven by India's growing automotive market and infrastructure development. The long-term demand for tyres is expected to remain robust, fueled by increasing vehicle ownership, a growing replacement market, and potential export opportunities. However, the company faces significant challenges from volatile raw material prices and intense competition from well-established domestic and international players. Success will likely depend on its ability to effectively manage costs, maintain product quality, innovate to meet evolving customer needs, expand its distribution network, and navigate the competitive landscape while leveraging India's underlying economic growth.

Tolins Tyres Share Price

Live · BSE / NSE · Inception: 2003
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Tolins Tyres Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 87 76 77 70 70 90 66 93 78 79
Other Income 0 0 0 1 1 1 1 0 1 0
Total Income 87 76 77 71 71 90 67 94 79 80
Total Expenditure 73 62 62 57 56 76 57 79 67 70
Operating Profit 14 15 15 14 15 14 10 15 12 9
Interest 3 2 2 1 1 0 0 1 0 0
Depreciation 2 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 10 12 12 13 13 13 8 13 11 8
Provision for Tax 3 3 3 2 4 3 1 2 2 2
Profit After Tax 7 9 10 11 9 9 7 10 9 6
Adjustments -0 -0 0 0 0 0 0 0 0 0
Profit After Adjustments 7 9 10 11 9 9 7 10 9 6
Adjusted Earnings Per Share 2.3 2.9 2.4 2.8 2.3 2.4 1.8 2.7 2.3 1.6

Tolins Tyres Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 227 292 327 316
Other Income 1 3 3 2
Total Income 229 295 330 320
Total Expenditure 180 236 279 273
Operating Profit 49 59 51 46
Interest 12 6 2 1
Depreciation 3 3 4 4
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 33 49 45 40
Provision for Tax 7 11 9 7
Profit After Tax 26 39 36 32
Adjustments 0 0 0 0
Profit After Adjustments 26 39 36 32
Adjusted Earnings Per Share 8.5 9.8 9 8.4

Tolins Tyres Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 101 324 361
Minority's Interest 0 0 0
Borrowings 9 1 1
Other Non-Current Liabilities 1 1 1
Total Current Liabilities 112 44 30
Total Liabilities 222 370 393
Fixed Assets 50 52 50
Other Non-Current Assets 12 12 14
Total Current Assets 160 306 328
Total Assets 222 370 393

Tolins Tyres Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 1 28
Cash Flow from Operating Activities -4 -61 -40
Cash Flow from Investing Activities -54 -28 24
Cash Flow from Financing Activities 58 117 -8
Net Cash Inflow / Outflow -0 27 -24
Closing Cash & Cash Equivalent 1 28 4

Tolins Tyres Ratios

# Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 8.48 9.79 9.03
CEPS(Rs) 9.58 10.59 10.1
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 32.79 82.12 91.44
Core EBITDA Margin(%) 20.79 19.15 14.62
EBIT Margin(%) 19.95 18.96 14.19
Pre Tax Margin(%) 14.48 16.87 13.64
PAT Margin (%) 11.45 13.23 10.91
Cash Profit Margin (%) 12.93 14.3 12.19
ROA(%) 11.74 13.08 9.36
ROE(%) 25.87 18.21 10.41
ROCE(%) 25.28 21.3 13.02
Receivable days 102.81 104.01 128.96
Inventory Days 134.68 139.28 178.66
Payable days 72.23 40.96 17.53
PER(x) 0 11.8 9.36
Price/Book(x) 0 1.41 0.92
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.4 1.43 1.04
EV/Core EBITDA(x) 1.88 7.13 6.71
Net Sales Growth(%) 0 28.71 11.86
EBIT Growth(%) 0 22.28 -16.25
PAT Growth(%) 0 48.74 -7.75
EPS Growth(%) 0 15.43 -7.74
Debt/Equity(x) 0.78 0.05 0.03
Current Ratio(x) 1.43 6.97 10.93
Quick Ratio(x) 0.68 3.79 4.91
Interest Cover(x) 3.65 9.11 25.62
Total Debt/Mcap(x) 0 0.04 0.03

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +12% — — —
Operating Profit CAGR -14% — — —
PAT CAGR -8% — — —
Share Price CAGR -48% — — —
ROE Average +10% +18% +18% +18%
ROCE Average +13% +20% +20% +20%

Tolins Tyres Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 68.53 %
FII 0 %
DII (MF + Insurance) 1.44 %
Public (retail) 30.04 %
# Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 68.5368.5368.5368.5368.5368.5368.5368.53
FII 5.413.110.750.390.050.180.270
DII 2.151.631.72.181.92.251.781.44
Public 23.9126.7429.0228.929.5229.0429.4230.04
Others 00000000
Total 100100100100100100100100

Tolins Tyres Peer Comparison

Tyres & Allied Edit Columns

Tolins Tyres Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Tolins Tyres Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value
  • Debtor days have improved from 40.96 to 17.53days.
  • Company is almost debt free.

Cons

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