Tinna Rubber & Infrastructure LtdNSE:TINNARUBR
Current view Q1 2027
Recycles end-of-life tyres into rubber crumb and modifiers for road-building and tyre makers. Management guides 20-25% growth and is steering the mix toward high-value products, with margins rising year on year and energy cost falling as renewable capacity went from 1.23 to 4.48 MW. Two new lines land soon: pyrolysis oil from Q2 FY27 and recovered carbon black from Q4 FY27. But borrowing is high, all of it funding that capacity expansion.
Latest exchange filings last 5 · 5 after Q1 2027
- 16 Sep ’26Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 16 Sep ↗
- 15 Sep ’26Shareholder Meeting / Postal Ballot-Outcome of AGM 15 Sep ↗
- 10 Sep ’26Tinna Rubber and Infrastructure Limited has informed about Schedule of Investor meet to be held on Wednesday, September 16, 2026. ↗
- 9 Sep ’26Corrigendum to FY2025-26 annual report correcting clerical references and investment share counts. ↗
- 2 Sep ’26Company infused 4th tranche of SAR 1,02,000, about Rs 26.12 lakh, into Tinna Rubber Arabia Ltd. ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +20.0% | −0.6% | +22.5% | +33.0% |
| Operating profit | ▲ +61.9% | +21.4% | +29.7% | +38.3% |
| EPS | ▲ +75.2% | +24.4% | +32.0% | +116.0% |
| PAT | ▲ +75.0% | +23.5% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +20.0%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Strong75/100
Cheap, and growing fast. Profit per share grew 32% a year, while the price-tag on its earnings actually got smaller. That gap — real growth nobody has paid up for — is exactly what this score looks for.
₹947 → ₹1,895 needs the P/E at 24× — it is 28× today. The rest would come from earnings growing as they have.
At ₹1,065 the price-tag on its earnings reaches the 31× it is being projected toward — the point where being cheap against that yardstick is used up.
Earnings delivered, market hasn't paid yet. The pre-re-rate zone — read the concall.
How this is calculated
This is arithmetic, not a forecast — Return = ΔEPS × ΔMultiple. It says what would have to be true, not how likely it is, and "earnings keep growing at this rate for three more years" is the assumption doing the most work. There is no 5-year range on file for this company, so the comparison falls back to its average alone. This is a small-cap at ₹1,811 cr, so the odds of a re-rate are not fighting its own size.
Growth rate used: 32.0% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Recycling & Waste Management · 6 of 12 listed
It earns 22% on its capital, more than any of them — the next best earns 22%, and it is the second most expensive of the 6 shown.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Tinna Rubber | ₹1,015 | 29.6× | ₹1,829 Cr | 22.5% | +75.2% | +19.9% |
| Apcotex Industri | ₹606 | 19.5× | ₹3,142 Cr | 19.8% | +312.0% | +39.9% |
| Pix Transmission | ₹1,734 | 17.9× | ₹2,363 Cr | 21.7% | +89.3% | +22.8% |
| GRP | ₹1,986 | 154.6× | ₹1,059 Cr | 6.9% | +140.0% | +26.7% |
| Rubfila Intl. | ₹66 | 13.6× | ₹358 Cr | 12.6% | +0.7% | −10.7% |
| Harri. Malayalam | ₹178 | 12.1× | ₹329 Cr | 11.8% | −34.1% | +7.3% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | wider, but it has moved around a lot | operating margin 15% → 22% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it arrived as cash | 75% last year, 83% over three · free cash flow −₹49 cr, positive in 2 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹129 cr — 0.43× its own equity (was 0.76×) |
| Is it being collected? | collection is steady | 45 days to collect, up 15 in a year · cash cycle 64 days |
| Who has been buying? | the promoters have held steady | promoters 67.2% (−0.4 in a year), 73.8% → 67.2% over 2.8 years · FIIs 0.5% (−0.2) · DIIs 4.2% (−1.7) · shareholders 18,423 → 42,896 |
| What does it earn on its capital? | earns a high return on the capital it employs | ROCE 22.5% · ROE 22.1% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company has delivered good profit growth of 238% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%
Against it
- Promoter holding has decreased over last quarter: -0.37%
- Debtor days have increased from 35.0 to 45.0 days.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.