Birla Tyres Ltd (BIRLATYRE) share price, results

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore

	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Sales	28.80	39.78	47.35	21.43	2.89	0.48	1.01	1.04	0.20	0.00	0.00	5.90
Expenses	66.55	61.97	67.97	48.60	14.43	4.79	10.19	7.42	6.37	3.00	-0.35	-0.99
Operating Profit	-37.75	-22.19	-20.62	-27.17	-11.54	-4.31	-9.18	-6.38	-6.17	-3.00	0.35	6.89
OPM %	-131.08%	-55.78%	-43.55%	-126.78%	-399.31%	-897.92%	-908.91%	-613.46%	-3,085.00%			116.78%
Other Income	0.26	0.35	0.04	15.09	1.03	9.86	-43.61	-385.77	0.21	0.06	0.00	0.69
Interest	42.14	42.87	47.34	30.01	41.89	42.75	45.44	46.07	17.58	0.00	0.00	0.01
Depreciation	8.94	8.21	8.16	7.98	7.71	7.64	7.53	6.73	6.36	4.14	5.25	2.77
Profit before tax	-88.57	-72.92	-76.08	-50.07	-60.11	-44.84	-105.76	-444.95	-29.90	-7.08	-4.90	4.80
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-88.57	-72.92	-76.08	-50.06	-60.12	-44.84	-105.76	-444.95	-29.90	-7.08	-4.89	4.80
EPS in Rs	-6.21	-5.11	-5.34	-3.51	-4.22	-3.14	-7.42	-31.20	-2.10	-0.50	-0.34	0.34

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Sales	0	472	137	5	6
Expenses	0	634	245	37	8
Operating Profit	-0	-163	-108	-31	-2
OPM %		-34%	-79%	-580%	-31%
Other Income	0	66	16	-418	1
Interest	0	152	162	176	18
Depreciation	0	38	33	30	19
Profit before tax	-0	-287	-288	-656	-37
Tax %	0%	0%	0%	0%	0%
Net Profit	-0	-287	-288	-656	-37
EPS in Rs		-20.10	-20.17	-45.98	-2.60
Dividend Payout %	0%	0%	0%	0%	0%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	%	%	-77%	13%
Compounded Profit Growth	%	%	23%	83%
Stock Price CAGR	%	-26%	4%		%
Return on Equity	%	%	%			%

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity Capital	0.01	143	143	143	143
Reserves	-0	-426	-709	-1,364	-1,401
Borrowings	0	907	984	1,138	1,154
Other Liabilities	0	1,005	1,080	1,091	1,090
Total Liabilities	0	1,628	1,497	1,008	986
Fixed Assets	0	517	477	447	429
CWIP	0	775	775	340	340
Investments	0	0	0	0	0
Other Assets	0	336	245	221	217
Total Assets	0	1,628	1,497	1,008	986

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	0	215	-27	-15	-2
Cash from Investing Activity	0	13	16	1	7
Cash from Financing Activity	0	-135	30	19	10
Net Cash Flow	0	93	19	5	15
Free Cash Flow	0	220	-27	-15	5
CFO/OP	0%	-132%	25%	47%	97%

	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	89	282	6,961	6,191
Inventory Days	88	167	942	22,581
Days Payable	314	1,089	8,769	215,634
Cash Conversion Cycle	-136	-639	-867	-186,861
Working Capital Days	-677	-4,965	-138,755	-124,222
ROCE %	-43%	-24%	-26%

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Dec 2022	Mar 2023
Promoters	53.13%	53.13%	53.13%	53.13%	53.13%	53.13%	50.91%	50.91%	48.68%	38.47%	33.06%	33.06%
FIIs	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.03%	0.01%	0.06%	0.00%	0.00%
DIIs	3.67%	3.60%	3.51%	3.50%	2.15%	0.85%	1.98%	1.98%	4.21%	3.53%	0.02%	0.02%
Government	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.00%	0.00%	0.00%
Public	42.88%	43.02%	43.12%	43.13%	44.48%	45.78%	46.87%	46.85%	46.86%	57.95%	66.90%	66.89%
No. of Shareholders	89,221	1,01,218	1,13,111	1,22,334	1,31,937	1,34,808	1,35,946	1,37,120	1,39,299	1,51,413	1,53,208	1,52,387

Fundamentals

Market Cap₹ 75.6 Cr.

Current Price₹ 5.30

Book Value₹ -88.2

ROCE%

ROE%

Dividend Yield0.00 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)13%

Compounded Profit Growth (TTM)83%

Standalone figures.

Ownership

Promoter holding33.06% (-17.85 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

Not enough history to build valuation bands (needs two years of profits and prices).

Period	BIRLATYRE	Nifty 50	Difference
1 week	+5.0%	-2.8%	+7.7 pts
1 month	+19.1%	-6.8%	+25.9 pts
3 months	+17.8%	-7.6%	+25.4 pts
6 months	+17.8%	+0.4%	+17.4 pts
1 year	-75.7%	-9.9%	-65.8 pts
2 years	-81.7%	-13.6%	-68.1 pts
3 years	-74.8%	+14.2%	-89.0 pts

Red flags

No red flags in the latest statements and filings.

Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2023

Sales ₹6 Cr +467.3% vs Mar 2022. Net profit ₹5 Cr +101.1%.

Activity

Compare

Company	Mcap (Cr)	P/E	ROCE
MRF Ltd	52,200	21.2	15.7 %
Balkrishna Industries Ltd	41,103	29.2	11.2 %
Apollo Tyres Ltd	25,833	12.1	13.9 %
CEAT Ltd	13,106	20.6	19.2 %
JK Tyre & Industries Ltd	9,652	13.4	15.5 %
TVS Srichakra Ltd	3,391	33.1	7.85 %
Goodyear India Ltd	1,627	26.5	17.4 %
Megamont Ltd	589	66.8	23.0 %
Tolins Tyres Ltd	341	10.5	13.0 %
Modi Rubber Ltd	311	31,073	0.71 %
Indag Rubber Ltd	265	19.3	5.07 %
Dolfin Rubbers Ltd	175	28.1	14.0 %
Emerald Tyre Manufacturers Ltd	146	14.2	12.3 %
Viaz Tyres Ltd	121	23.0	13.0 %
Innovative Tyres & Tubes Ltd	62		1.09 %

No bulk or block deals on record.

Ex-date	Action	Factor
2022-06-08	Annual General Meeting
2021-08-23	Annual General Meeting

No announcements in our files yet.

Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.

No short selling reported to NSE in our files.

Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.

Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Birla Tyres Ltd?

Birla Tyres Ltd (BIRLATYRE) has a market capitalisation of Rs 75.6 Cr. at the 2023-10-23 close.

What were Birla Tyres Ltd's latest quarterly results?

In the Mar 2023 quarter, Birla Tyres Ltd sales was Rs 6 Cr (+467.3% vs Mar 2022) and net profit was Rs 5 Cr.