Emerald Tyre Manufacturers Ltd
๐กAI Radar๐ Stock Analysis
Financial Health
Debt/Equity1.18
Total Assetsโน257.06 Cr.
Promoter Holding50.31 %
Valuation
Industry P/E24.79
About Emerald Tyre Manufacturers Ltd
Automobile and Auto Components ยท Tyres
Emerald Tyre Manufacturers Ltd is listed on NSE in the Automobile and Auto Components / Tyres sector.
Strengths & Weaknesses
Strengths
- Promoter holding stands at 50.31%, indicating strong management control and alignment of interests.
Weaknesses
- Debt to equity ratio is 0.81, suggesting a moderate level of financial leverage which could pose risks in volatile economic conditions.
- Key performance metrics such as P/E Ratio, P/B Ratio, ROCE, ROE, Revenue, and Net Profit are not available, making it difficult to assess the company's profitability and efficiency.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| MRF Ltd | - | 21.68 | โน52,370.02 Cr | 0.19% | โน2,417.84 Cr | - | โน31,888.87 Cr | - | 15.23% | 0.11 |
| Balkrishna Industries Ltd | - | 29.62 | โน41,633.76 Cr | 0.37% | โน1,405.57 Cr | - | โน11,518.33 Cr | - | 13.21% | 0.37 |
| Apollo Tyres Ltd | - | 14.44 | โน24,746.71 Cr | 1.54% | โน1,708.41 Cr | - | โน29,307.63 Cr | - | 10.9% | 0.16 |
| CEAT Ltd | - | 22.42 | โน13,248.42 Cr | 1.07% | โน567.21 Cr | - | โน16,466.7 Cr | - | 15.56% | 0.59 |
| JK Tyre & Industries Ltd | - | 14.58 | โน9,739.86 Cr | 1.18% | โน662.07 Cr | - | โน16,403.95 Cr | - | 12.04% | 0.78 |
| TVS Srichakra Ltd | - | 37.29 | โน3,444.87 Cr | 0.84% | โน92.25 Cr | - | โน3,891.55 Cr | - | 8.54% | 0.74 |
| Goodyear India Ltd | - | 30.01 | โน1,617.65 Cr | 3.78% | โน53.9 Cr | - | โน2,594 Cr | - | 13.11% | 0 |
| Tolins Tyres Ltd | - | 10.58 | โน343.13 Cr | - | โน32.57 Cr | - | โน316.65 Cr | - | 12.17% | 0.05 |
| Dolfin Rubbers Ltd | - | 27.16 | โน168.65 Cr | - | โน6.22 Cr | - | โน182.09 Cr | - | 17.08% | 0.54 |
| Tirupati Innovar Limited | - | 320 | โน15.64 Cr | - | โน0.65 Cr | - | โน142.73 Cr | - | 1.48% | 0.08 |
| Emerald Tyre Manufacturers Ltd | - | - | - | - | - | - | - | - | - | 0.81 |
| Innovative Tyres & Tubes Ltd | - | - | - | - | - | - | - | - | - | -2.14 |
| Viaz Tyres Ltd | - | - | - | - | - | - | - | - | - | 0.35 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 19.4765 | 19.48 |
| Reserves | 89.8384 | 95.9 |
| Borrowings | 88.22 | 135.69 |
| Other Liabilities | 39.57 | 5.99 |
| Total Liabilities | 237.1084 | 257.06 |
| Fixed Assets | 55.7285 | 122.25 |
| CWIP | 30.4094 | - |
| Investments | 1.25 | 5.88 |
| Other Assets | 149.72 | 128.93 |
| Total Assets | 237.1084 | 257.06 |
Cash Flows
| Mar 2025 | |
|---|---|
| Cash from Operating Activity | 8.1557 |
| Cash from Investing Activity | -31.7322 |
| Cash from Financing Activity | 35.3013 |
| Net Cash Flow | 11.7248 |
Shareholding Pattern
| Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Promoters % | 50.31% | 50.31% | 50.31% | 50.31% |
| FIIs % | 8.11% | 2.32% | 0.84% | 0% |
| DIIs % | 1.85% | 1.08% | 9.16% | 9.16% |
| Public % | 18.61% | 24.88% | 28.03% | 27.45% |
| No. of Shareholders | 2,113 | 1,251 | 1,149 | 1,119 |