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INNO

Innovative Tyres & Tubes NSEI:INNOVATIVE Stock Report

Last Price

₹3.00

Market Cap

₹54.0m

7D

1.7%

1Y

-72.7%

Updated

07 Oct, 2022

Data

Company Financials
INNOVATIVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

INNOVATIVE Stock Overview

Innovative Tyres & Tubes Limited manufactures and sells tyres and tubes in India.

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₹3.00
52 Week High₹12.75
52 Week Low₹2.10
Beta0.63
1 Month Change22.45%
3 Month Change33.33%
1 Year Change-72.73%
3 Year Change-77.10%
5 Year Change-93.46%
Change since IPO-93.46%

Recent News & Updates

Shareholder Returns

INNOVATIVEIN Auto ComponentsIN Market
7D1.7%3.5%2.8%
1Y-72.7%-3.5%-1.2%

Return vs Industry: INNOVATIVE underperformed the Indian Auto Components industry which returned -3.5% over the past year.

Return vs Market: INNOVATIVE underperformed the Indian Market which returned -1.2% over the past year.

Price Volatility

Is INNOVATIVE's price volatile compared to industry and market?
INNOVATIVE volatility
INNOVATIVE Average Weekly Movement8.2%
Auto Components Industry Average Movement5.6%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: INNOVATIVE is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: INNOVATIVE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1995302n/ahttps://www.innovativetyres.com

Innovative Tyres & Tubes Limited manufactures and sells tyres and tubes in India. The company offers tyres for motorcycles and scooters, three-wheelers and passenger vehicles, light-trucks, trucks, buses, and special purpose, which includes agriculture equipment, industrial/grader, off-the-road, flotation, sand rider, and animal drawn vehicle tyres, as well as flaps. It exports its tyres 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₹53.97m
Earnings (TTM)-₹589.40m
Revenue (TTM)₹515.70m

0.1x

P/S Ratio

-0.1x

P/E Ratio

Is INNOVATIVE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
INNOVATIVE income statement (TTM)
Revenue₹515.70m
Cost of Revenue₹808.38m
Gross Profit-₹292.68m
Other Expenses₹296.73m
Earnings-₹589.40m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-32.76
Gross Margin-56.75%
Net Profit Margin-114.29%
Debt/Equity Ratio429.6%

How did INNOVATIVE perform over the long term?

See historical performance and comparison