Tolins Tyres Ltd
TOLINSTolins Tyres Ltd
TOLINSPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
28.00 | 8.84 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
39.71 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Tolins Tyres Ltd manufactures new tires and tread rubber for light commercial, agricultural, and two/three-wheeler vehicles, primarily serving the Indian market and exporting to ASEAN and African countries.
Peers
Compare with peersMRF Ltd
Balkrishna Industries Ltd
Apollo Tyres Ltd
CEAT Ltd
JK Tyre & Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2024 | TTM | ||
---|---|---|---|---|
Total Revenue | 228.70 | 293.71 | ||
Raw Materials | 175.91 | 237.77 | ||
Power & Fuel Cost | 0.00 | |||
Employee Cost | 6.55 | |||
Selling & Administrative Expenses | 8.37 | |||
Operating & Other expenses | -10.84 | |||
EBITDA | 48.71 | 55.94 | ||
Depreciation/Amortization | 3.37 | 3.69 | ||
PBIT | 45.34 | 52.25 | ||
Interest & Other Items | 12.44 | 10.70 | ||
PBT | 32.90 | 41.55 | ||
Taxes & Other Items | 6.90 | 9.80 | ||
Net Income | 26.00 | 31.75 | ||
EPS | 8.48 | 10.36 | ||
DPS | — | 0.00 | ||
Payout ratio | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Consumer DiscretionaryTires & Rubber
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Tolins Tyres Ltd | 34.19 | 8.84 | — |
MRF Ltd | 26.99 | 3.36 | 0.15% |
Balkrishna Industries Ltd | 37.04 | 6.16 | 0.57% |
Apollo Tyres Ltd | 19.96 | 2.47 | 1.11% |
Price Comparison
Compare TOLINS with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Feb 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
TOLINS has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Tolins Tyres will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live
Tolins Tyres will hold a meeting of the Board of Directors of the Company on 4 October 2024.Powered by Capital Market - Live
The scrip was listed at Rs 227, exhibiting a marginal premium to the issue price. So far, the stock has hit a high of 238.30 and a low of 226.50. On the BSE, over 1.35 lakh shares of the company were traded in the counter so far. The initial public offer (IPO) of Tolins Tyres was subscribed 23.89 times. The issue opened for bidding on 9 September 2024 and it closed on 11 September 2024. The price band of the IPO was fixed between Rs 215 to 226 per share. The IPO comprised a fresh issue of equity shares worth up to Rs 200 crore and an offer for sale (OFS) totaling Rs 30 crore by existing shareholders Dr. Kalamparambil Varkey Tolin and Jerin Tolin. The objectives of the fresh issue included Rs 69.96 crore to be used for repayment and/or prepayment of certain outstanding loans, Rs 75 crore for augmenting long-term working capital requirements, Rs 23.15 crore for investment in wholly owned subsidiary Tolin Rubbers, and for general corporate purposes. Ahead of the IPO, Tolins Tyres on 6 September 2024, raised Rs 68.99 crore from anchor investors. The board allotted 30.53 lakh shares at Rs 226 each to 8 anchor investors. Tolins Tyres is a tyre manufacturer of bias tyres used in a comprehensive range of vehicles, including light commercial, agricultural, and two- and three-wheeler vehicles as well as precured tread rubber. Ancillary products include bonding gum, vulcanizing solutions, tyre flaps, and tubes. The business is divided into two main verticals: new tyre manufacturing and tread rubber production. Tyre retreading solutions are offered in India and exported to 40 countries, including the Middle East, East Africa, Jordan, Kenya, and Egypt. Exports contributed 5.38% to consolidated revenue, while the domestic market accounted for 94.62% in FY 2024. The firm reported a consolidated net profit of Rs 26.01 crore and Sale of Rs 227.22 crore for the twelve months ended on 31 March 2024. Powered by Capital Market - Live
The equity shares of Tolins Tyres (Scrip Code: 544254) are listed effective 16 September 2024 and admitted to dealings on the Exchange in the list of ''T'' Group Securities. Powered by Capital Market - Live
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant