Share Price and Basic Stock Data
Last Updated: November 15, 2024, 3:03 pm
| PEG Ratio | 0.00 |
|---|
Competitors of Innovative Tyres & Tubes Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 1,896 Cr. | 822 | 1,260/811 | 41.2 | 255 | 1.83 % | 22.0 % | 16.0 % | 10.0 |
| TVS Srichakra Ltd | 2,019 Cr. | 2,636 | 4,900/2,562 | 48.0 | 1,404 | 1.80 % | 11.1 % | 10.6 % | 10.0 |
| JK Tyre & Industries Ltd | 7,470 Cr. | 272 | 511/243 | 12.4 | 172 | 1.66 % | 19.3 % | 20.6 % | 2.00 |
| Innovative Tyres & Tubes Ltd | 10.2 Cr. | 5.65 | 10.2/4.75 | 9.21 | 0.00 % | 26.6 % | % | 10.0 | |
| CEAT Ltd | 10,543 Cr. | 2,608 | 3,581/2,210 | 20.7 | 1,038 | 1.15 % | 20.4 % | 18.1 % | 10.0 |
| Industry Average | 16,101.83 Cr | 1,325.24 | 28.17 | 512.74 | 1.22% | 19.06% | 16.02% | 6.43 |
Quarterly Result
| Metric | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 66 | 63 | 76 | 41 | 10 | 1 | 0 | 0 |
| Expenses | 82 | 66 | 66 | 71 | 52 | 50 | 3 | 52 | 1 |
| Operating Profit | 1 | -1 | -2 | 4 | -10 | -40 | -2 | -52 | -1 |
| OPM % | 1% | -1% | -4% | 6% | -25% | -394% | -128% | -15,670% | |
| Other Income | 1 | 0 | 0 | 1 | 0 | 2 | 0 | 0 | 38 |
| Interest | 1 | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 2 |
| Profit before tax | -3 | -6 | -8 | -1 | -16 | -43 | -6 | -56 | 35 |
| Tax % | -10% | -4% | 3% | -26% | 2% | -0% | 3% | 15% | 0% |
| Net Profit | -4 | -6 | -8 | -1 | -16 | -43 | -6 | -47 | 35 |
| EPS in Rs | -2.11 | -3.36 | -4.41 | -0.51 | -8.82 | -23.94 | -3.10 | -26.33 | 19.34 |
Last Updated: Unknown
Below is a detailed analysis of the quarterly data for Innovative Tyres & Tubes Ltd based on the most recent figures (Sep 2023) and their trends compared to the previous period:
- For Sales, as of Sep 2023, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 0.00 Cr..
- For Expenses, as of Sep 2023, the value is ₹1.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 52.00 Cr. (Mar 2023) to ₹1.00 Cr., marking a decrease of 51.00 Cr..
- For Operating Profit, as of Sep 2023, the value is ₹-1.00 Cr.. The value appears strong and on an upward trend. It has increased from -52.00 Cr. (Mar 2023) to ₹-1.00 Cr., marking an increase of ₹51.00 Cr..
- For OPM %, as of Sep 2023, the value is 0.00%. The value appears strong and on an upward trend. It has increased from -15,670.00% (Mar 2023) to 0.00%, marking an increase of 15,670.00%.
- For Other Income, as of Sep 2023, the value is ₹38.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2023) to ₹38.00 Cr., marking an increase of ₹38.00 Cr..
- For Interest, as of Sep 2023, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded 0.00 Cr..
- For Depreciation, as of Sep 2023, the value is ₹2.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.00 Cr. (Mar 2023) to ₹2.00 Cr., marking a decrease of 2.00 Cr..
- For Profit before tax, as of Sep 2023, the value is ₹35.00 Cr.. The value appears strong and on an upward trend. It has increased from -56.00 Cr. (Mar 2023) to ₹35.00 Cr., marking an increase of ₹91.00 Cr..
- For Tax %, as of Sep 2023, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 15.00% (Mar 2023) to 0.00%, marking a decrease of 15.00%.
- For Net Profit, as of Sep 2023, the value is ₹35.00 Cr.. The value appears strong and on an upward trend. It has increased from -47.00 Cr. (Mar 2023) to ₹35.00 Cr., marking an increase of ₹82.00 Cr..
- For EPS in Rs, as of Sep 2023, the value is 19.34. The value appears strong and on an upward trend. It has increased from ₹-26.33 (Mar 2023) to 19.34, marking an increase of ₹45.67.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: Unknown
| Metric | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 87 | 102 | 126 | 129 | 124 | 131 | 140 | 172 | 149 | 139 | 52 | 2 | 0 |
| Expenses | 81 | 93 | 117 | 119 | 114 | 118 | 126 | 164 | 149 | 137 | 102 | 55 | 53 |
| Operating Profit | 6 | 9 | 9 | 10 | 10 | 13 | 14 | 7 | 0 | 2 | -50 | -53 | -53 |
| OPM % | 7% | 9% | 7% | 8% | 8% | 10% | 10% | 4% | 0% | 2% | -98% | -3,295% | -16,079% |
| Other Income | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 1 | 2 | 0 | 39 |
| Interest | 3 | 6 | 4 | 5 | 5 | 4 | 3 | 2 | 3 | 4 | 3 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 5 | 6 | 8 | 8 | 8 | 8 | 6 |
| Profit before tax | 2 | 2 | 3 | 5 | 3 | 6 | 6 | 1 | -9 | -9 | -59 | -61 | -21 |
| Tax % | 71% | 65% | 34% | 12% | 41% | 21% | 30% | -9% | -6% | 0% | 0% | 14% | |
| Net Profit | 0 | 1 | 2 | 4 | 2 | 5 | 4 | 1 | -10 | -9 | -59 | -53 | -13 |
| EPS in Rs | 0.60 | 0.99 | 2.42 | 4.41 | 1.97 | 5.10 | 2.45 | 0.55 | -5.46 | -4.91 | -32.76 | -29.42 | -6.99 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
YoY Net Profit Growth
| Year | 2013-2014 | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 100.00% | 100.00% | -50.00% | 150.00% | -20.00% | -75.00% | -1100.00% | 10.00% | -555.56% | 10.17% |
| Change in YoY Net Profit Growth (%) | 0.00% | 0.00% | -150.00% | 200.00% | -170.00% | -55.00% | -1025.00% | 1110.00% | -565.56% | 565.73% |
Innovative Tyres & Tubes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2022-2023.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: November 14, 2024, 10:33 pm
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 9 | 9 | 10 | 10 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 17 | 19 | 27 | 27 | 36 | 67 | 68 | 58 | 50 | -9 | -62 | -18 |
| Borrowings | 25 | 24 | 22 | 23 | 28 | 13 | 22 | 22 | 37 | 38 | 38 | 35 |
| Other Liabilities | 53 | 57 | 77 | 66 | 66 | 59 | 69 | 74 | 57 | 51 | 42 | 8 |
| Total Liabilities | 102 | 109 | 136 | 126 | 139 | 156 | 178 | 172 | 161 | 98 | 36 | 42 |
| Fixed Assets | 61 | 61 | 60 | 60 | 65 | 88 | 108 | 104 | 97 | 90 | 32 | 36 |
| CWIP | 5 | 8 | 14 | 13 | 15 | 10 | 1 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 36 | 40 | 63 | 53 | 59 | 58 | 69 | 68 | 63 | 8 | 4 | 6 |
| Total Assets | 102 | 109 | 136 | 126 | 139 | 156 | 178 | 172 | 161 | 98 | 36 | 42 |
Below is a detailed analysis of the balance sheet data for Innovative Tyres & Tubes Ltd based on the most recent figures (Mar 2024) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2024, the value is ₹18.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹18.00 Cr..
- For Reserves, as of Mar 2024, the value is ₹-18.00 Cr.. The value appears to be improving (becoming less negative). It has improved from ₹-62.00 Cr. (Mar 2023) to ₹-18.00 Cr., marking an improvement of 44.00 Cr..
- For Borrowings, as of Mar 2024, the value is ₹35.00 Cr.. The value appears to be improving (decreasing). However, Reserves are negative, which is a major warning sign. It has decreased from ₹38.00 Cr. (Mar 2023) to ₹35.00 Cr., marking a decrease of 3.00 Cr..
- For Other Liabilities, as of Mar 2024, the value is ₹8.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹42.00 Cr. (Mar 2023) to ₹8.00 Cr., marking a decrease of 34.00 Cr..
- For Total Liabilities, as of Mar 2024, the value is ₹42.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹36.00 Cr. (Mar 2023) to ₹42.00 Cr., marking an increase of 6.00 Cr..
- For Fixed Assets, as of Mar 2024, the value is ₹36.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹32.00 Cr. (Mar 2023) to ₹36.00 Cr., marking an increase of 4.00 Cr..
- For CWIP, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
- For Investments, as of Mar 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2023) which recorded ₹0.00 Cr..
- For Other Assets, as of Mar 2024, the value is ₹6.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹4.00 Cr. (Mar 2023) to ₹6.00 Cr., marking an increase of 2.00 Cr..
- For Total Assets, as of Mar 2024, the value is ₹42.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹36.00 Cr. (Mar 2023) to ₹42.00 Cr., marking an increase of 6.00 Cr..
However, the Borrowings (35.00 Cr.) are higher than the Reserves (₹-18.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
No data available for this post.
Free Cash Flow
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 6.00 | -16.00 | -15.00 | -12.00 | -13.00 | -15.00 | 1.00 | -15.00 | -22.00 | -35.00 | -88.00 | -91.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 23 | 57 | 46 | 40 | 29 | 27 | 44 | 37 | 14 | 23 | 17 |
| Inventory Days | 127 | 90 | 124 | 102 | 148 | 122 | 120 | 136 | 143 | 12 | 0 | 80 |
| Days Payable | 106 | 93 | 164 | 138 | 130 | 94 | 73 | 92 | 121 | 137 | 158 | |
| Cash Conversion Cycle | 38 | 20 | 17 | 11 | 58 | 57 | 73 | 88 | 58 | -112 | 23 | -60 |
| Working Capital Days | 17 | 25 | 20 | 29 | 52 | 43 | 50 | 53 | 26 | -266 | -9,377 | -91 |
| ROCE % | 14% | 15% | 17% | 14% | 16% | 11% | 2% | -7% | -6% | -75% | -306% | -27% |
This stock is not held by any mutual fund
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 19.17 | -29.42 | -32.76 | -4.91 | -5.46 |
| Diluted EPS (Rs.) | 19.17 | -29.42 | -32.76 | -4.91 | -5.46 |
| Cash EPS (Rs.) | 21.63 | -24.87 | -28.42 | -0.26 | -0.86 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | -5.41 | -28.63 | 0.79 | 33.55 | 38.47 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | -5.41 | -24.58 | 4.84 | 37.60 | 42.52 |
| Revenue From Operations / Share (Rs.) | 7.88 | 0.90 | 28.66 | 77.35 | 82.74 |
| PBDIT / Share (Rs.) | 0.36 | -29.53 | -26.81 | 1.74 | 1.02 |
| PBIT / Share (Rs.) | -2.10 | -34.08 | -31.15 | -2.91 | -3.58 |
| PBT / Share (Rs.) | 19.16 | -34.13 | -32.85 | -4.93 | -5.15 |
| Net Profit / Share (Rs.) | 19.17 | -29.42 | -32.76 | -4.91 | -5.46 |
| PBDIT Margin (%) | 4.57 | -3271.20 | -93.54 | 2.25 | 1.22 |
| PBIT Margin (%) | -26.63 | -3774.96 | -108.67 | -3.76 | -4.32 |
| PBT Margin (%) | 243.12 | -3780.36 | -114.62 | -6.37 | -6.22 |
| Net Profit Margin (%) | 243.31 | -3258.83 | -114.29 | -6.35 | -6.60 |
| Return on Networth / Equity (%) | -354.74 | 0.00 | -4120.82 | -14.64 | -14.19 |
| Return on Capital Employeed (%) | -20.51 | 138.66 | -326.17 | -4.80 | -5.55 |
| Return On Assets (%) | 81.88 | -146.90 | -60.38 | -5.47 | -5.70 |
| Long Term Debt / Equity (X) | -1.92 | 0.00 | 0.00 | 0.10 | 0.06 |
| Total Debt / Equity (X) | -3.58 | -0.73 | 26.29 | 0.33 | 0.29 |
| Asset Turnover Ratio (%) | 0.36 | 0.02 | 0.39 | 0.83 | 0.84 |
| Current Ratio (X) | 0.17 | 0.02 | 0.07 | 1.15 | 1.15 |
| Quick Ratio (X) | 0.05 | 0.02 | 0.03 | 0.40 | 0.41 |
| Inventory Turnover Ratio (X) | 9.02 | 0.78 | 2.31 | 2.43 | 2.69 |
| Interest Coverage Ratio (X) | 30.73 | -605.90 | -15.74 | 0.86 | 0.64 |
| Interest Coverage Ratio (Post Tax) (X) | -177.64 | -602.61 | -18.23 | -1.43 | -2.49 |
| Enterprise Value (Cr.) | 45.15 | 41.00 | 47.29 | 31.20 | 28.89 |
| EV / Net Operating Revenue (X) | 3.18 | 25.24 | 0.91 | 0.22 | 0.19 |
| EV / EBITDA (X) | 69.63 | -0.77 | -0.98 | 9.95 | 15.78 |
| MarketCap / Net Operating Revenue (X) | 0.73 | 2.60 | 0.19 | 0.10 | 0.07 |
| Price / BV (X) | -1.07 | -0.08 | 6.99 | 0.25 | 0.16 |
| Price / Net Operating Revenue (X) | 0.73 | 2.61 | 0.19 | 0.10 | 0.07 |
| EarningsYield | 3.31 | -12.52 | -5.90 | -0.57 | -0.86 |
After reviewing the key financial ratios for Innovative Tyres & Tubes Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 19.17. This value is within the healthy range. It has increased from -29.42 (Mar 23) to 19.17, marking an increase of 48.59.
- For Diluted EPS (Rs.), as of Mar 24, the value is 19.17. This value is within the healthy range. It has increased from -29.42 (Mar 23) to 19.17, marking an increase of 48.59.
- For Cash EPS (Rs.), as of Mar 24, the value is 21.63. This value is within the healthy range. It has increased from -24.87 (Mar 23) to 21.63, marking an increase of 46.50.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -5.41. It has increased from -28.63 (Mar 23) to -5.41, marking an increase of 23.22.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is -5.41. It has increased from -24.58 (Mar 23) to -5.41, marking an increase of 19.17.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 7.88. It has increased from 0.90 (Mar 23) to 7.88, marking an increase of 6.98.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 0.36. This value is below the healthy minimum of 2. It has increased from -29.53 (Mar 23) to 0.36, marking an increase of 29.89.
- For PBIT / Share (Rs.), as of Mar 24, the value is -2.10. This value is below the healthy minimum of 0. It has increased from -34.08 (Mar 23) to -2.10, marking an increase of 31.98.
- For PBT / Share (Rs.), as of Mar 24, the value is 19.16. This value is within the healthy range. It has increased from -34.13 (Mar 23) to 19.16, marking an increase of 53.29.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 19.17. This value is within the healthy range. It has increased from -29.42 (Mar 23) to 19.17, marking an increase of 48.59.
- For PBDIT Margin (%), as of Mar 24, the value is 4.57. This value is below the healthy minimum of 10. It has increased from -3,271.20 (Mar 23) to 4.57, marking an increase of 3,275.77.
- For PBIT Margin (%), as of Mar 24, the value is -26.63. This value is below the healthy minimum of 10. It has increased from -3,774.96 (Mar 23) to -26.63, marking an increase of 3,748.33.
- For PBT Margin (%), as of Mar 24, the value is 243.12. This value is within the healthy range. It has increased from -3,780.36 (Mar 23) to 243.12, marking an increase of 4,023.48.
- For Net Profit Margin (%), as of Mar 24, the value is 243.31. This value exceeds the healthy maximum of 10. It has increased from -3,258.83 (Mar 23) to 243.31, marking an increase of 3,502.14.
- For Return on Networth / Equity (%), as of Mar 24, the value is -354.74. This value is below the healthy minimum of 15. It has decreased from 0.00 (Mar 23) to -354.74, marking a decrease of 354.74.
- For Return on Capital Employeed (%), as of Mar 24, the value is -20.51. This value is below the healthy minimum of 10. It has decreased from 138.66 (Mar 23) to -20.51, marking a decrease of 159.17.
- For Return On Assets (%), as of Mar 24, the value is 81.88. This value is within the healthy range. It has increased from -146.90 (Mar 23) to 81.88, marking an increase of 228.78.
- For Long Term Debt / Equity (X), as of Mar 24, the value is -1.92. This value is below the healthy minimum of 0.2. It has decreased from 0.00 (Mar 23) to -1.92, marking a decrease of 1.92.
- For Total Debt / Equity (X), as of Mar 24, the value is -3.58. This value is within the healthy range. It has decreased from -0.73 (Mar 23) to -3.58, marking a decrease of 2.85.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.36. It has increased from 0.02 (Mar 23) to 0.36, marking an increase of 0.34.
- For Current Ratio (X), as of Mar 24, the value is 0.17. This value is below the healthy minimum of 1.5. It has increased from 0.02 (Mar 23) to 0.17, marking an increase of 0.15.
- For Quick Ratio (X), as of Mar 24, the value is 0.05. This value is below the healthy minimum of 1. It has increased from 0.02 (Mar 23) to 0.05, marking an increase of 0.03.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 9.02. This value exceeds the healthy maximum of 8. It has increased from 0.78 (Mar 23) to 9.02, marking an increase of 8.24.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 30.73. This value is within the healthy range. It has increased from -605.90 (Mar 23) to 30.73, marking an increase of 636.63.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -177.64. This value is below the healthy minimum of 3. It has increased from -602.61 (Mar 23) to -177.64, marking an increase of 424.97.
- For Enterprise Value (Cr.), as of Mar 24, the value is 45.15. It has increased from 41.00 (Mar 23) to 45.15, marking an increase of 4.15.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.18. This value exceeds the healthy maximum of 3. It has decreased from 25.24 (Mar 23) to 3.18, marking a decrease of 22.06.
- For EV / EBITDA (X), as of Mar 24, the value is 69.63. This value exceeds the healthy maximum of 15. It has increased from -0.77 (Mar 23) to 69.63, marking an increase of 70.40.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.73. This value is below the healthy minimum of 1. It has decreased from 2.60 (Mar 23) to 0.73, marking a decrease of 1.87.
- For Price / BV (X), as of Mar 24, the value is -1.07. This value is below the healthy minimum of 1. It has decreased from -0.08 (Mar 23) to -1.07, marking a decrease of 0.99.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.73. This value is below the healthy minimum of 1. It has decreased from 2.61 (Mar 23) to 0.73, marking a decrease of 1.88.
- For EarningsYield, as of Mar 24, the value is 3.31. This value is below the healthy minimum of 5. It has increased from -12.52 (Mar 23) to 3.31, marking an increase of 15.83.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Innovative Tyres & Tubes Ltd:
- Net Profit Margin: 243.31%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -20.51% (Industry Average ROCE: 19.06%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -354.74% (Industry Average ROE: 16.02%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -177.64
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.05
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 28.17)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: -3.58
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 243.31%
About the Company - Qualitative Analysis
Innovative Tyres & Tubes Ltd. is a Public Limited Listed company incorporated on 28/11/1995 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L25112GJ1995PLC086579 and registration number is 086579. Currently Company is involved in the business activities of Manufacture of rubber and plastics products. Company's Total Operating Revenue is Rs. 14.18 Cr. and Equity Capital is Rs. 17.99 Cr. for the Year ended 31/03/2024.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 1201, 1202, 1203 GIDC Halol, Panchmahal Gujarat 389350 | investors@innovativetyres.co.in http://www.innovativetyres.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Munish Chawla | Managing Director |
| Mr. Robin Chawla | Director & CFO |
| Dr. Ramesh Chander Chawla | Director |
| Mrs. Roshni Chawla | Director |
| Mr. Umesh Ved | Independent Director |
| Mr. Jasmin Doshi | Independent Director |
FAQ
What is the latest intrinsic value of Innovative Tyres & Tubes Ltd?
The latest intrinsic value of Innovative Tyres & Tubes Ltd as on 06 February 2025 is ₹16.91, which is 199.29% higher than the current market price of ₹5.65, indicating the stock is undervalued by 199.29%. The stock has a market capitalization of 10.2 Cr. and recorded a high/low of 10.2/4.75 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹-18 Cr and total liabilities of 42 Cr.
What is the Market Cap of Innovative Tyres & Tubes Ltd?
The Market Cap of Innovative Tyres & Tubes Ltd is 10.2 Cr..
What is the current Stock Price of Innovative Tyres & Tubes Ltd as on 06 February 2025?
The current stock price of Innovative Tyres & Tubes Ltd as on 06 February 2025 is 5.65.
What is the High / Low of Innovative Tyres & Tubes Ltd stocks in FY 2024-2025?
In FY 2024-2025, the High / Low of Innovative Tyres & Tubes Ltd stocks is 10.2/4.75.
What is the Stock P/E of Innovative Tyres & Tubes Ltd?
The Stock P/E of Innovative Tyres & Tubes Ltd is .
What is the Book Value of Innovative Tyres & Tubes Ltd?
The Book Value of Innovative Tyres & Tubes Ltd is 9.21.
What is the Dividend Yield of Innovative Tyres & Tubes Ltd?
The Dividend Yield of Innovative Tyres & Tubes Ltd is 0.00 %.
What is the ROCE of Innovative Tyres & Tubes Ltd?
The ROCE of Innovative Tyres & Tubes Ltd is 26.6 %.
What is the ROE of Innovative Tyres & Tubes Ltd?
The ROE of Innovative Tyres & Tubes Ltd is %.
What is the Face Value of Innovative Tyres & Tubes Ltd?
The Face Value of Innovative Tyres & Tubes Ltd is 10.0.