Innovative Tyres & Tubes Ltd
INNOVATIVEInnovative Tyres & Tubes Ltd
INNOVATIVE
Consumer DiscretionaryTires & Rubber
SmallcapWith a market cap of ₹9 cr, stock is ranked 3,904
High RiskStock is 5.99x as volatile as Nifty
5.704.59% (+0.25)
5.704.59% (+0.25)
Price Chart
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 1.13 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 69.99 | 6.73 | 0.56% |
Forecast & Ratings
Detailed Forecast—
Forecast data is currently unavailable for this stockPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Innovative Tyres & Tubes Limited is an India-based tyre and tube manufacturing company. The Company is engaged in manufacturing and marketing tyres
Peers
Compare with peersBalkrishna Industries Ltd
PE Ratio
47.10
1Y Return
24.03%
Buy Reco %
25.00
MRF Ltd
PE Ratio
61.60
1Y Return
18.11%
Buy Reco %
20.00
Apollo Tyres Limited
PE Ratio
24.57
1Y Return
40.24%
Buy Reco %
57.69
JK Tyre & Industries Ltd
PE Ratio
33.18
1Y Return
76.68%
Buy Reco %
50.00
CEAT Ltd
PE Ratio
45.63
1Y Return
16.99%
Buy Reco %
63.16
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Annual Normal View
Income Statement
Annual Normal View
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 130.53 | 125.90 | 132.54 | 140.10 | 173.87 | 150.56 | 140.19 | 53.62 | 1.87 | — | ||||||||||
Raw Materials | 86.84 | 69.44 | 85.96 | 92.27 | 139.75 | 112.97 | 98.23 | 48.15 | 55.01 | — | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 10.13 | 12.16 | 15.08 | 14.95 | 14.31 | 8.65 | ||||||||||||
| Employee Cost | 4.20 | 4.67 | 5.16 | 7.24 | 7.79 | 9.25 | 8.01 | 4.76 | ||||||||||||
| Selling & Administrative Expenses | 0.00 | 0.35 | 1.48 | 2.47 | 2.47 | 3.07 | 3.17 | 3.09 | ||||||||||||
| Operating & Other expenses | 27.67 | 39.19 | 15.43 | 11.61 | -0.66 | 8.48 | 13.33 | 37.21 | ||||||||||||
EBITDA | 11.82 | 12.25 | 14.38 | 14.35 | 9.44 | 1.84 | 3.14 | -48.24 | -53.14 | — | ||||||||||
| Depreciation/Amortization | 2.61 | 3.86 | 4.00 | 5.32 | 6.46 | 8.28 | 8.37 | 7.80 | 8.18 | — | ||||||||||
| PBIT | 9.21 | 8.39 | 10.38 | 9.03 | 2.98 | -6.44 | -5.23 | -56.04 | -61.32 | — | ||||||||||
| Interest & Other Items | 4.51 | 5.19 | 4.20 | 2.79 | 2.07 | 2.82 | 3.64 | 3.07 | 0.09 | — | ||||||||||
| PBT | 4.70 | 3.20 | 6.18 | 6.24 | 0.91 | -9.26 | -8.87 | -59.11 | -61.41 | — | ||||||||||
| Taxes & Other Items | 0.58 | 1.31 | 1.29 | 1.85 | -0.08 | 0.56 | -0.03 | -0.17 | -8.47 | — | ||||||||||
| Net Income | 4.12 | 1.89 | 4.89 | 4.39 | 0.99 | -9.82 | -8.84 | -58.94 | -52.94 | — | ||||||||||
| EPS | 4.41 | 2.00 | 5.10 | 3.18 | 0.55 | -5.46 | -4.91 | -32.76 | -29.42 | — | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
Comparing 3 stocks from
Consumer DiscretionaryTires & Rubber
Compare valuation on Screener
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Innovative Tyres & Tubes Ltd | -0.19 | 1.13 | — |
| Balkrishna Industries Ltd | 47.10 | 6.59 | 0.62% |
| MRF Ltd | 61.60 | 3.22 | 0.16% |
| Apollo Tyres Limited | 24.57 | 2.11 | 1.05% |
Price Comparison
Compare INNOVATIVE with any stock or ETFCompare INNOVATIVE with any stock or ETF
INNOVATIVE
Shareholdings
Promoter Holdings Trend
Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2022
Sep 2022
Mar 2023
Sep 2023
Shareholding History
Foreign Institutions
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year
INNOVATIVE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Dividends
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Articles & Videos
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Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -57.82%, vs industry avg of 10.14%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.24% to 0%