Innovative Tyres & Tubes
- Market cap
- ₹ 60 Cr.
- P/E
- 11.5x
- 52-week range
- 60.1 – 129.1
- ROCE
- 1.1%
- Sector
- Auto Components
- Industry
- Tyres & Rubber Products
- Listed on
- NSE SME
About
Innovative Tyres & Tubes Limited is an India-based tire and tube manufacturing and processing company. The Company offers a wide range of products in the truck / bus, agricultural and off the road (OTR) and motorcycle / 3-wheeler segments. Its motorcycle and scooter tires include ITM-222, ITM-333, ITM-444, ITM 555, Eco Ride and Rider, among others. Its three-wheeler and passenger vehicle tires include ITR-111, Smooth Drive, ITR-224 and ITL-333. Its light-truck, truck and bus tires include ITL-441 (LUG), ITR-222 (RIB), ITR-111, ITL-444 and ITS-888, among others. Its special purpose tires include agriculture equipment tires, industrial / grader tires, off-the road tires and flotation tires, animal drawn vehicle (adv) tires, and sand rider. The Company’s tire testing center includes compound testing, testing of chemical and physical properties and product performance testing such as plunger tests and pulley-wheel testing. Its manufacturing plants are located at Halol, Gujarat in India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tyres & Rubber Products: 20 companies →Innovative Tyres & Tubes against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)11.5 against a typical 21.4: cheaper than most peers (1st = cheapest).4th of 20
- Profit growth−100.5% against a typical −12.9% from a year earlier.13th of 15
- Share price, 3 months−11.5% against a typical −7.3%.14th of 20
- Size₹ 60.1 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).15th of 20
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 21 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 9 May 2026 | Other business matters | To consider other business matters |
| 22 Jan 2026 | Board Meeting Intimation | INNOVATIVE TYRES & TUBES LIMITED has informed the Exchange about Board Meeting to be held on 22-Jan-2026 to consider Fund raising. |
| 19 Jan 2026 | Fund Raising | To Consider and approve the proposal of Promoter for Offer for sale through Qualified Institutional Placement to achieve Minimum Public Shareholding pursuant to requirements as required under the SEBI Listing Regulations and Rule 19A of the SCRR. |
| 23 Dec 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | 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 | 66 | 63 | 76 | 41 | 10 | 1 | 0 | 0 | 14 | 20 | 27 | 47 |
| Expenses | 66 | 66 | 71 | 52 | 50 | 3 | 52 | 1 | 20 | 26 | 32 | 45 |
| Operating Profit | −1 | −2 | 4 | −10 | −40 | −2 | −52 | −1 | −6 | −7 | −5 | 3 |
| OPM % | −0.9% | −3.7% | 5.9% | −24.9% | −394.5% | −128.5% | −15,669.7% | — | −43.8% | −35.2% | −16.7% | 5.5% |
| Other Income | 0 | 0 | 1 | 0 | 2 | 0 | 0 | 38 | 8 | 0 | 0 | 0 |
| Interest | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | −6 | −8 | −1 | −16 | −43 | −6 | −56 | 35 | −0 | −9 | −7 | −0 |
| Tax % | 3.6% | −2.8% | 26.4% | −1.7% | 0.3% | −3.5% | −14.9% | 0% | −9.4% | 0% | 0% | 433.3% |
| Net Profit | −6 | −8 | −1 | −16 | −43 | −6 | −47 | 35 | −0 | −9 | −7 | −0 |
| EPS in Rs | −3.36 | −4.41 | −0.51 | −8.82 | −23.94 | −3.1 | −26.33 | 19.34 | −0.16 | −8.94 | −7.07 | −0.17 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −4%
- 5 Years
- −9%
- 3 Years
- 275%
- TTM
- 82%
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 25%
- TTM
- 88%
- 10 Years
- —
- 5 Years
- 41%
- 3 Years
- 112%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Innovative Tyres & Tubes | ₹ 60.10 | ₹ 60 Cr. | 11.5x | — | — | — |
| MRF | ₹ 1,18,300.00 | ₹ 50,213 Cr. | 22.8x | 2.7x | — | 7.6% |
| Balkrishna Industries | ₹ 2,125.00 | ₹ 41,080 Cr. | 36.8x | 4.2x | — | 12.2% |
| Apollo Tyres | ₹ 384.40 | ₹ 24,342 Cr. | 13.7x | 1.7x | — | 5.8% |
| CEAT | ₹ 3,070.90 | ₹ 12,448 Cr. | 19.6x | 3x | — | 3.6% |
| JK Tyre & Industries | ₹ 309.60 | ₹ 8,925 Cr. | 12.4x | 1.8x | — | — |
Management
- Shweta Pankaj Sharma
- Chief Compliance Officer, Company Secretary
- Munish Chawla
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.