Tinna Rubber & Infrastructure Ltd
NSE: TINNARUBR BSE: 530475Metal
Tina Rubber & Infrastructure Ltd is primarily engaged in conversion of End of life tyres (ELT) into crumb rubber and steel wires obtained in the process.[1]
₹740
52W: ₹527 — ₹1070
PE 28 · Book ₹147 · +403% vs bookMarket Cap₹1,332 Cr
Stock P/E28Price to Earnings
ROCE25.9%Return on Capital
ROE27.7%Return on Equity
Div. Yield0.56%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 67.8% CAGR over last 5 years
- +Company has a good return on equity (ROE) track record: 3 Years ROE 28.3%
- +Company has been maintaining a healthy dividend payout of 19.6%
- +Company's median sales growth is 26.1% of last 10 years
Weaknesses
- −Promoter holding has decreased over last 3 years: -6.23%
Shareholding Pattern
Promoters67.58%
FIIs0.36%
DIIs5.62%
Public26.12%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 72.65% | 71.94%▼0.7 | 71.01%▼0.9 | 71.08%▲0.1 | 67.58%▼3.5 | 67.58% | 67.58% | 67.58% |
| FIIs | 0.79% | 1.25%▲0.5 | 0.65%▼0.6 | 0.64%▼0.0 | 0.66%▲0.0 | 0.59%▼0.1 | 0.52%▼0.1 | 0.36%▼0.2 |
| DIIs | 0% | 0.05%▲0.1 | 0.93%▲0.9 | 1.06%▲0.1 | 5.9%▲4.8 | 5.84%▼0.1 | 5.76%▼0.1 | 5.62%▼0.1 |
| Public | 26.22% | 26.43%▲0.2 | 27.09%▲0.7 | 26.9%▼0.2 | 25.55%▼1.3 | 25.67%▲0.1 | 25.84%▲0.2 | 26.12%▲0.3 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 93 | 110 | 136 | 117 | 123 | 129 | 127 | 117 | 135 |
| Expenses | 67 | 78 | 89 | 113 | 99 | 109 | 112 | 107 | 95 | 113 |
| Operating Profit | 13 | 15 | 21 | 23 | 18 | 14 | 17 | 20 | 22 | 22 |
| OPM % | 16% | 16% | 19% | 17% | 16% | 12% | 13% | 16% | 18% | 16% |
| Net Profit | 8 | 9 | 14 | 14 | 11 | 7 | 10 | 11 | 12 | 13 |
| EPS ₹ | 4.41 | 5.4 | 8.21 | 8.33 | 6.18 | 4.09 | 6.09 | 6.09 | 6.85 | 7.19 |
AI Insights
Revenue Trend
TTM revenue at ₹508Cr, up 0.6% YoY. OPM at 16%.
Debt Position
Borrowings at ₹103Cr. Debt-to-equity ratio: 0.42x. Healthy balance sheet.
Capex Cycle
CWIP at ₹24Cr (13% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 5.62% (+5.62pp change). FIIs: 0.36% (-0.46pp change). Promoters hold 67.58%.
Margin & Efficiency
ROCE improving from 9% (Mar 2014) to 26% (Mar 2025). Working capital days: 5.
Valuation
PE 28x with 25.9% ROCE. Price is 403% above book value of ₹147. Dividend yield: 0.56%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - CARE final monitoring report confirms full utilization of ₹78.70 crore QIP proceeds by Q4FY26.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 May - Tinna Rubber and Infrastructure Limited has informed about Schedule of earnings conference call to be held on Monday, May 25, 2026 on the financial and …
- Board Meeting Intimation for Board Meeting Scheduled To Be Held On Friday, May 22, 2026 13 May - Board meeting on May 22, 2026 to approve FY26 audited results and consider final dividend.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.
- Voluntary Winding Up Of Overseas Non-Operational Wholly Owned Subsidiary 31 Mar - Overseas WOS Tinna Rubber B.V. voluntarily wound up; dissolved Feb 28, 2025; no turnover or net worth.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse