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Innovative Tyres & Tubes NSEI:INNOVATIVE Stock Report

Last Price

₹565.00

Market Cap

₹101.7m

7D

0%

1Y

-31.9%

Updated

22 Sep, 2024

Data

Company Financials

Innovative Tyres & Tubes Limited

NSEI:INNOVATIVE Stock Report

Market Cap: ₹101.7m

My Notes

Capture your thoughts, links and company narrative

Innovative Tyres & Tubes Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Innovative Tyres & Tubes
Historical stock prices
Current Share Price₹565.00
52 Week High₹1,025.00
52 Week Low₹450.00
Beta0.077
1 Month Change0%
3 Month Change-5.83%
1 Year Change-31.93%
3 Year Change-46.19%
5 Year Change-59.79%
Change since IPO-87.69%

Recent News & Updates

Recent updates

Innovative Tyres & Tubes (NSE:INNOVATIVE) Has Debt But No Earnings; Should You Worry?

Nov 21
Innovative Tyres & Tubes (NSE:INNOVATIVE) Has Debt But No Earnings; Should You Worry?

Is Innovative Tyres & Tubes (NSE:INNOVATIVE) Using Debt Sensibly?

Jul 06
Is Innovative Tyres & Tubes (NSE:INNOVATIVE) Using Debt Sensibly?

Shareholder Returns

INNOVATIVEIN Auto ComponentsIN Market
7D0%-0.4%0.04%
1Y-31.9%27.5%24.1%

Return vs Industry: INNOVATIVE underperformed the Indian Auto Components industry which returned 49.5% over the past year.

Return vs Market: INNOVATIVE underperformed the Indian Market which returned 43.9% over the past year.

Price Volatility

Is INNOVATIVE's price volatile compared to industry and market?
INNOVATIVE volatility
INNOVATIVE Average Weekly Movementn/a
Auto Components Industry Average Movement5.5%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market4.1%

Stable Share Price: INNOVATIVE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine INNOVATIVE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/aMunish Chawlawww.innovativetyres.com

Innovative Tyres & Tubes Limited manufactures and processes automotive tires and tubes in India. The company offers tires for motorcycles and scooters, three-wheelers and passenger vehicles, light trucks, trucks, and buses; and special purpose tires, which include agriculture equipment, industrial/grader, off-the-road, flotation, sand rider, and animal-drawn vehicle tires, as well as sand riders. It exports its tires to approximately 40 countries across 5 continents.

Innovative Tyres & Tubes Limited Fundamentals Summary

How do Innovative Tyres & Tubes's earnings and revenue compare to its market cap?
INNOVATIVE fundamental statistics
Market cap₹101.65m
Earnings (TTM)₹344.97m
Revenue (TTM)₹141.78m

0.3x

P/E Ratio

0.7x

P/S Ratio

Is INNOVATIVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INNOVATIVE income statement (TTM)
Revenue₹141.78m
Cost of Revenue₹139.27m
Gross Profit₹2.51m
Other Expenses-₹342.46m
Earnings₹344.97m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.92k
Gross Margin1.77%
Net Profit Margin243.31%
Debt/Equity Ratio-15,479.8%

How did INNOVATIVE perform over the long term?

See historical performance and comparison