Emerald Tyre Manufacturers Ltd.

ETML

₹124.0

0% (0)

Market Cap

₹242 Cr.

P/E

23.15

About

Emerald Tyre Manufacturers specializes in manufacturing, supplying, and servicing a wide range of tires for material handling applications such as forklifts, skid loaders, airport ground support equip… Read more

Emerald Tyre Manufacturers specializes in manufacturing, supplying, and servicing a wide range… Read more

Low

52W Range

High

199

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	—	—	—	—	—	29.04	30.71	44.96	54.41	55.73
Shareholders Funds	—	—	—	—	—	26.45	28.97	36.99	54.07	109
Profit & Loss
Operating Profit	—	—	—	—	—	6.81	15.66	21.03	29.66	27.06
Net Sales	—	—	—	—	—	86.65	134	164	171	199
Cash flow
Cash from Operating Activity	—	—	—	—	—	-16.59	12.17	14.65	17.19	8.16
Net Capex (est)	—	—	—	—	—	0.69	12.14	14.90	14.04	31.19
Ratios
ROCE (%)	—	—	—	—	—	8.27	21.47	30.37	32.78	—
ROE (%)	—	—	—	—	—	-12.49	16.73	24.14	22.63	—

Forensics

7 Yes

Positive for this company

1 Neutral

Neutral for this company

4 No

Negative for this company

5 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Unable to calculate due to limited data
Pledge

Unable to calculate due to limited data

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
ROE

Net profit margin is responsible for roe increase over last 10 years
Balance Sheet Strength

Balance sheet of the company is strong. it shouldnt have solvency or liquidity issues
Share price

Share price has decreased over last 10 years more due to earnings
Debt

Company might have issues servicing its debt
Working Capital

Company has significant working capital which is dragging its roce and roe
ROCE Strength

Roce of the company is not consistently strong
Current vs Historic Valuation

Unable to calculate due to limited data
Sales Growth

Unable to calculate due to limited data
Margin Stability

Unable to calculate due to limited data

Revenue mix

Product Wise Break-Up

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Emerald Tyre Manufac	124	23.15	242	50.31	—	32.78	22.63
Balkrishna Inds.	2,463.8	28.77	47,618	58.29	2.63	20.5	16.62
TVS Srichakra	3,138.9	116.61	2,403	45.7	6.94	12.3	9.71
JK Tyres & Inds.	367.75	20.35	10,073	50.55	1.63	20.24	17.52
Tolins Tyres	160.27	16.39	634	68.53	-19.75	41.18	25.87

FAQs on Emerald Tyre Manufacturers Ltd. Business

What does Emerald Tyre Manufac do?

Emerald Tyre Manufacturers is engaged in the business of manufacturing, supplying and services for a comprehensive range of tyres for material handling applications like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders etc.

Who are the competitors of Emerald Tyre Manufac?

Emerald Tyre Manufac major competitors are Balkrishna Inds., TVS Srichakra, JK Tyres & Inds., Tolins Tyres.
Market Cap of Emerald Tyre Manufac is ₹242 Crs.
While the median market cap of its peers are ₹6,238 Crs.

Is Emerald Tyre Manufac financially stable compared to its competitors?

Emerald Tyre Manufac seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.

View FAQ's On Shareprice

Company Filing

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Raw Material

Emerald Tyre Manufacturers Ltd.

Emerald Tyre Manufacturers Ltd.

About

Timeline

Company Timeline

7 Yes

1 Neutral

4 No

5 No Data

Accounting & Shareholding

Contingent Liabilities

Depreciation Effect

Other Income

Revenue Recognition

Promoter Holding

Retail Holding

Pledge

Price & Performance

Capex vs ROCE

ROE

Balance Sheet Strength

Share price

Debt

Working Capital

ROCE Strength

Current vs Historic Valuation

Sales Growth

Margin Stability

Product Wise Break-Up

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What does Emerald Tyre Manufac do?

Who are the competitors of Emerald Tyre Manufac?

Is Emerald Tyre Manufac financially stable compared to its competitors?

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