Price
Financials
Standalone, Rs crore| Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65.66 | 63.23 | 75.94 | 41.44 | 10.13 | 1.30 | 0.33 | 0.00 | 14.18 | 19.51 | 27.29 | 47.28 |
| Expenses | 66.27 | 65.57 | 71.47 | 51.76 | 50.09 | 2.97 | 52.04 | 1.35 | 20.39 | 26.38 | 31.84 | 44.67 |
| Operating Profit | -0.61 | -2.34 | 4.47 | -10.32 | -39.96 | -1.67 | -51.71 | -1.35 | -6.21 | -6.87 | -4.55 | 2.61 |
| OPM % | -0.93% | -3.70% | 5.89% | -24.90% | -394.47% | -128.46% | -15,669.70% | -43.79% | -35.21% | -16.67% | 5.52% | |
| Other Income | 0.40 | 0.14 | 0.87 | 0.45 | 1.59 | 0.10 | 0.15 | 38.37 | 8.10 | 0.11 | 0.29 | 0.19 |
| Interest | 1.32 | 1.87 | 1.77 | 1.89 | 1.18 | 0.09 | 0.00 | 0.00 | 0.02 | 0.02 | 0.91 | 0.87 |
| Depreciation | 4.30 | 4.08 | 4.29 | 4.39 | 3.42 | 4.10 | 4.08 | 2.23 | 2.19 | 2.17 | 1.90 | 1.96 |
| Profit before tax | -5.83 | -8.15 | -0.72 | -16.15 | -42.97 | -5.76 | -55.64 | 34.79 | -0.32 | -8.95 | -7.07 | -0.03 |
| Tax % | 3.60% | -2.82% | 26.39% | -1.73% | 0.26% | -3.47% | -14.86% | 0.00% | -9.38% | 0.00% | 0.00% | 433.33% |
| Net Profit | -6.04 | -7.93 | -0.91 | -15.86 | -43.08 | -5.57 | -47.37 | 34.79 | -0.29 | -8.94 | -7.07 | -0.17 |
| EPS in Rs | -3.36 | -4.41 | -0.51 | -8.82 | -23.94 | -3.10 | -26.33 | 19.34 | -0.16 | -8.94 | -7.07 | -0.17 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 129.05 | 123.55 | 130.84 | 139.51 | 171.79 | 148.86 | 139.17 | 51.37 | 1.62 | 14.18 | 46.79 | 85.38 |
| Expenses | 118.71 | 113.65 | 118.09 | 125.69 | 164.43 | 148.73 | 137.05 | 101.66 | 55.00 | 21.73 | 58.16 | 82.06 |
| Operating Profit | 10.34 | 9.90 | 12.75 | 13.82 | 7.36 | 0.13 | 2.12 | -50.29 | -53.38 | -7.55 | -11.37 | 3.32 |
| OPM % | 8.01% | 8.01% | 9.74% | 9.91% | 4.28% | 0.09% | 1.52% | -97.90% | -3,295.06% | -53.24% | -24.30% | 3.89% |
| Other Income | 1.48 | 2.35 | 1.63 | 0.53 | 2.08 | 1.70 | 1.02 | 2.05 | 0.24 | 46.47 | 0.40 | 0.84 |
| Interest | 4.51 | 5.19 | 4.20 | 2.79 | 2.07 | 2.82 | 3.64 | 3.07 | 0.09 | 0.03 | 0.98 | 2.04 |
| Depreciation | 2.61 | 3.86 | 4.00 | 5.32 | 6.46 | 8.28 | 8.37 | 7.80 | 8.18 | 4.42 | 4.07 | 3.89 |
| Profit before tax | 4.70 | 3.20 | 6.18 | 6.24 | 0.91 | -9.27 | -8.87 | -59.11 | -61.41 | 34.47 | -16.02 | -1.77 |
| Tax % | 12.34% | 40.94% | 20.87% | 29.65% | -8.79% | 6.04% | -0.34% | -0.29% | -13.79% | -0.09% | 0.00% | 7.34% |
| Net Profit | 4.12 | 1.89 | 4.89 | 4.40 | 0.99 | -9.83 | -8.84 | -58.94 | -52.94 | 34.50 | -16.02 | -1.91 |
| EPS in Rs | 4.41 | 1.97 | 5.10 | 2.45 | 0.55 | -5.46 | -4.91 | -32.76 | -29.42 | 19.18 | -16.02 | -1.91 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -4% | -9% | 275% | 82% | ||
| Compounded Profit Growth | % | 12% | 25% | 88% | ||
| Stock Price CAGR | % | 42% | 113% | -35% | ||
| Return on Equity | % | % | % | % |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.34 | 9.59 | 9.59 | 17.99 | 17.99 | 17.99 | 17.99 | 17.99 | 17.99 | 17.99 | 10.00 | 10.00 |
| Reserves | 26.70 | 27.12 | 35.95 | 67.34 | 68.33 | 58.50 | 49.66 | -9.28 | -62.21 | -18.22 | -26.29 | -30.29 |
| Borrowings | 22.39 | 22.96 | 27.56 | 12.57 | 22.47 | 21.88 | 36.97 | 37.60 | 38.01 | 34.81 | 42.80 | 43.35 |
| Other Liabilities | 77.45 | 65.92 | 66.11 | 58.58 | 69.32 | 74.00 | 56.85 | 51.30 | 42.25 | 7.55 | 28.64 | 38.34 |
| Total Liabilities | 135.88 | 125.59 | 139.21 | 156.48 | 178.11 | 172.37 | 161.47 | 97.61 | 36.04 | 42.13 | 55.15 | 61.40 |
| Fixed Assets | 59.76 | 60.01 | 65.18 | 88.35 | 108.16 | 104.45 | 96.87 | 89.61 | 32.20 | 35.81 | 31.76 | 40.42 |
| CWIP | 13.51 | 13.04 | 15.30 | 10.06 | 1.14 | 0.16 | 1.44 | 0.25 | 0.25 | 0.25 | 9.51 | 0.06 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Assets | 62.61 | 52.54 | 58.73 | 58.07 | 68.80 | 67.75 | 63.15 | 7.74 | 3.58 | 6.06 | 13.87 | 20.91 |
| Total Assets | 135.88 | 125.59 | 139.21 | 156.48 | 178.11 | 172.37 | 161.47 | 97.61 | 36.04 | 42.13 | 55.15 | 61.40 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 8.12 | 8.57 | 3.22 | 8.97 | 4.50 | 2.90 | 3.40 | -2.95 | 0.46 | -7.42 | -4.64 | 8.58 |
| Cash from Investing Activity | -5.98 | -3.84 | -3.90 | -22.80 | -16.71 | 0.16 | -1.22 | 1.60 | 0.07 | -0.01 | -2.31 | -7.28 |
| Cash from Financing Activity | -1.86 | -4.80 | 1.08 | 17.48 | 7.82 | -3.40 | -1.29 | -2.43 | 0.41 | 6.28 | 7.02 | -1.38 |
| Net Cash Flow | 0.28 | -0.07 | 0.40 | 3.64 | -4.39 | -0.34 | 0.89 | -3.78 | 0.94 | -1.15 | 0.07 | -0.07 |
| Free Cash Flow | 1.64 | 4.42 | -0.99 | -14.34 | -12.45 | 2.80 | 2.01 | -1.55 | 0.46 | -7.48 | -13.83 | 3.38 |
| CFO/OP | 79% | 96% | 40% | 80% | 49% | 2,208% | 160% | 6% | -1% | 98% | 41% | 258% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56.71 | 46.35 | 40.03 | 29.30 | 26.96 | 43.77 | 36.61 | 13.78 | 22.53 | 17.25 | 21.92 | 12.83 |
| Inventory Days | 123.70 | 101.81 | 147.68 | 121.64 | 119.89 | 135.73 | 142.82 | 11.54 | 0.00 | 80.28 | 58.11 | 72.37 |
| Days Payable | 163.53 | 137.54 | 129.70 | 93.79 | 73.39 | 91.62 | 121.12 | 137.30 | 157.50 | 120.16 | 173.48 | |
| Cash Conversion Cycle | 16.88 | 10.62 | 58.01 | 57.15 | 73.46 | 87.87 | 58.32 | -111.98 | 22.53 | -59.98 | -40.14 | -88.29 |
| Working Capital Days | -27.24 | -20.92 | 7.81 | 21.48 | 18.53 | 13.29 | -55.34 | -532.69 | -17,941.33 | -507.34 | -145.80 | -98.28 |
| ROCE % | 16.65% | 14.21% | 15.74% | 10.63% | 2.02% | -6.63% | -5.64% | -74.91% | -305.84% | -26.58% | -49.53% | 1.09% |
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 14.00% | 14.00% | 14.00% | 94.55% | 94.55% | 94.55% | 94.55% | 94.55% |
| Public | 86.01% | 86.00% | 86.00% | 5.45% | 5.45% | 5.45% | 5.45% | 5.45% |
| No. of Shareholders | 1,767 | 1,795 | 1,981 | 2,033 | 2,042 | 2,045 | 2,087 | 2,089 |
Fundamentals
Market Cap₹ 61.6 Cr.
Current Price₹ 61.6
Book Value₹ -20.3
ROCE1.09 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)82%
Compounded Profit Growth (TTM)88%
Standalone figures.
Valuation
Market capRs 61 Cr
Enterprise valueRs 104 Cr
Price to book-2.99x
Price to sales0.71x
EV / EBITDA25.00x
EV / EBIT385.22x
EV / sales1.22x
Price to cash flow7.08x
Earnings yield-3.14%
P/E, 3-year average0.30x
P/B, 3-year average-17.54x
P/E, 5-year average0.30x
P/B, 5-year average-10.31x
Profitability
Operating margin (excl. other income)3.89%
Operating margin (incl. other income)4.87%
EBITDA margin4.87%
Pre-tax margin-2.07%
Net profit margin-2.24%
ROE10.44%
ROCE1.09%
ROA-3.28%
ROE, 3-year average16.39%
ROCE, 3-year average65.02%
ROA, 3-year average17.35%
ROE, 5-year average38.59%
ROCE, 5-year average-37.01%
ROA, 5-year average-14.53%
ROIC (approx.)1.26%
Tax rate-7.34%
Other income / net worth-4.14%
Growth
Sales growth (latest year)82.47%
Sales CAGR, 3 years274.93%
Sales CAGR, 5 years-9.31%
Per share
EPS (TTM)Rs -1.91
EPS (latest year)Rs -1.91
EPS, 3-year averageRs 0.42
EPS, 5-year averageRs -12.19
Book value per shareRs -20.29
Sales per shareRs 85.38
Cash flow per shareRs 8.58
Free cash flow per shareRs 3.38
Efficiency
Asset turnover1.39x
Fixed asset turnover2.11x
Inventory turnover6.56x
Inventory days56 days
Debtor days13 days
Debtors turnover28.46x
Creditor days173 days
Cash conversion cycle-88 days
Working capital days-98 days
Leverage
Total debtRs 43 Cr
Cash and bankRs 0 Cr
Net debtRs 43 Cr
Debt to equity-2.14x
Net debt / EBITDA10.40x
Interest coverage0.13x
Owners' fund to total sources-33.05%
Debt to assets70.60%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Sales to cash flow9.95x
Statement figures
Net sales (TTM)Rs 85 Cr
Net sales (latest year)Rs 85 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs -2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -2 Cr
Depreciation (TTM)Rs 4 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 76 Cr
Total expenditure (latest year)Rs 82 Cr
Total income (latest year)Rs 86 Cr
Share capitalRs 10 Cr
ReservesRs -30 Cr
Shareholders' fundsRs -20 Cr
Total assetsRs 61 Cr
Net blockRs 40 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 0 Cr
ReceivablesRs 3 Cr
InventoryRs 12 Cr
Other liabilitiesRs 38 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding94.55% (+0.00 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 | ITTL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.2% | -2.8% | -4.4 pts |
| 1 month | -15.7% | -6.8% | -8.9 pts |
| 3 months | -41.2% | -7.6% | -33.5 pts |
| 6 months | -43.9% | +0.4% | -44.3 pts |
| 1 year | +12.2% | -9.9% | +22.1 pts |
| 3 years | +834.6% | +14.2% | +820.4 pts |
| 5 years | +449.8% | +27.9% | +421.9 pts |
Red flags
F-score 7 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Weak cash conversion Cash from operations was -21% of net profit over the last 3 years |
| look | Repeated losses Net loss in each of the last two years |
| look | On NSE surveillance On NSE surveillance: Insolvency |
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 2026Sales ₹47 Cr.
Net loss ₹0 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| MRF Ltd | 52,200 | 21.2 | 15.7 % |
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| 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 % |
| Tirupati Innovar Limited | 46 | 70.4 | 1.44 % |
No bulk or block deals on record.
No corporate actions on record.
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.
EPS in the scrip is zero (4 trailing quarters)Insolvency Resolution Process(IRP)Less than 100 unique PAN traded in previous 30 daysLoss makingSME scrip is not regularly traded
Quick answers
What is the market cap of Innovative Tyres & Tubes Ltd?
Innovative Tyres & Tubes Ltd (ITTL) has a market capitalisation of Rs 61.6 Cr. at the 2026-10-01 close.
What were Innovative Tyres & Tubes Ltd's latest quarterly results?
In the Mar 2026 quarter, Innovative Tyres & Tubes Ltd sales was Rs 47 Cr with a net loss of Rs 0 Cr.
What is the 52-week high and low of Innovative Tyres & Tubes Ltd?
The 52-week high is Rs 129.10 and the 52-week low is Rs 61.00.