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Innovative Tyres & Tubes NSEI:INNOVATIVE Stock Report

Last Price

₹6.65

Market Cap

₹125.9m

7D

-5.0%

1Y

177.1%

Updated

24 Apr, 2024

Data

Company Financials

Innovative Tyres & Tubes Limited

NSEI:INNOVATIVE Stock Report

Market Cap: ₹125.9m

INNOVATIVE Stock Overview

Innovative Tyres & Tubes Limited manufactures and processes automotive tires and tubes in India.

INNOVATIVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Innovative Tyres & Tubes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Innovative Tyres & Tubes
Historical stock prices
Current Share Price₹6.65
52 Week High₹10.25
52 Week Low₹2.00
Beta0.066
1 Month Change11.76%
3 Month Change-18.40%
1 Year Change177.08%
3 Year Change-5.00%
5 Year Change-69.50%
Change since IPO-85.51%

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
7D-5.0%0.7%1.4%
1Y177.1%54.5%46.1%

Return vs Industry: INNOVATIVE exceeded the Indian Auto Components industry which returned 54.5% over the past year.

Return vs Market: INNOVATIVE exceeded the Indian Market which returned 46.1% over the past year.

Price Volatility

Is INNOVATIVE's price volatile compared to industry and market?
INNOVATIVE volatility
INNOVATIVE Average Weekly Movement7.9%
Auto Components Industry Average Movement5.9%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: INNOVATIVE's share price has been volatile over the past 3 months.

Volatility Over Time: INNOVATIVE's weekly volatility (8%) has been stable 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₹125.94m
Earnings (TTM)-₹125.78m
Revenue (TTM)₹3.29m

36.4x

P/S Ratio

-1.0x

P/E 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₹3.29m
Cost of Revenue₹3.91m
Gross Profit-₹629.00k
Other Expenses₹125.15m
Earnings-₹125.78m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-6.99
Gross Margin-19.15%
Net Profit Margin-3,828.83%
Debt/Equity Ratio46,888.9%

How did INNOVATIVE perform over the long term?

See historical performance and comparison
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