Innovative Tyres & Tubes Ltd
INNOVATIVEInnovative Tyres & Tubes Ltd
INNOVATIVE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
LowProfitability and efficiency haven't been upto the mark
Entry point
AvgThe stock is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
How to use scorecard? Learn more
Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 1.07 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 71.54 | 6.87 | 0.55% |
Forecast & Ratings
Detailed ForecastPrice
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
MRF Ltd
Apollo Tyres Limited
CEAT Ltd
JK Tyre & Industries Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| 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
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Innovative Tyres & Tubes Ltd | -0.18 | 1.07 | — |
| Balkrishna Industries Ltd | 47.91 | 6.70 | 0.61% |
| MRF Ltd | 64.76 | 3.39 | 0.15% |
| Apollo Tyres Limited | 26.17 | 2.24 | 0.99% |
Price Comparison
Compare INNOVATIVE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
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
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
INNOVATIVE has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeNews & Opinions
Hmm, looks like data is unavailable here. Please come back after some time.
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%