📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Tinna Rubber Q3 FY26: PAT Jumps 57% YoY, Secures INR 76 Cr Indian Oil Order
Tinna Rubber reported a robust Q3 FY26 with consolidated PAT and EBITDA growing 57% and 53% YoY respectively, maintaining margins above 16%. The company secured a significant two-year work order from Indian Oil Corporation worth INR 76 crores, providing strong visibility for the infrastructure segment. Management reiterated its Vision 2028 target of INR 1,000 crores in revenue with 18%+ EBITDA margins. While international expansion in South Africa is currently loss-making, it is expected to break even by Q2 FY27.
Key Highlights
Consolidated Q3 PAT grew 57% YoY to a 9.2% margin; EBITDA grew 53% YoY to 16.3% margin.
Secured a new two-year work order from Indian Oil Corporation (IOCL) valued at approximately INR 76 crores.
Completed INR 79 crores capex in 9M FY26, with an additional INR 50 crores planned through FY27.
Renewable energy capacity scaling from 1.23 MW to 4.48 MW, targeting 50% power share by FY27.
Oman operations achieved INR 25 crores revenue in 9M FY26 with 80% capacity utilization.
💼 Action for Investors
Investors should focus on the company's successful margin expansion and the upcoming trial runs for the pyrolysis and RCB projects in Q4 FY26. The stock remains a strong growth play given the clear roadmap to INR 1,000 Cr revenue and high ROCE targets.
Tinna Rubber Q3FY26 Revenue Rises 13% YoY; EBITDA Margins Expand to 16.3%
Tinna Rubber reported a consolidated revenue of ₹389 crore for 9MFY26, with EBITDA margins expanding by 110 bps to 16.7%. Standalone PAT for the nine-month period reached ₹36 crore, reflecting a 12.5% growth compared to the previous year. The company secured a major ₹75.79 crore order from IOCL and is aggressively expanding its international footprint in Oman, Saudi Arabia, and South Africa. Management's focus on high-margin value-added products and renewable energy (targeting 50% share by FY27) positions the company for sustainable growth.
Key Highlights
Consolidated revenue for 9MFY26 stood at ₹389 crore, with EBITDA margins improving to 16.7% from 15.6% YoY.
Secured a significant two-year work order from IOCL valued at ₹75.79 crore for Crumb Rubber Modifier supply.
Completed ₹79 crore in Capex during 9MFY26, with an additional ₹50 crore planned for the remainder of FY26 and FY27.
International operations in Oman achieved 93% capacity utilization in Q3FY26, contributing ₹25 crore to 9MFY26 revenue.
Renewable energy usage reached 24% of total power consumption, targeting over 50% by FY27 to drive cost savings.
💼 Action for Investors
Investors should maintain a positive outlook given the strong margin expansion and robust order book from IOCL. Monitor the breakeven of the South African JV expected in March 2026 and the scale-up of the new PCMB business segment.
Tinna Rubber Q3 Net Profit Jumps 57% YoY to ₹12.8 Cr; Revenue Up 13%
Tinna Rubber and Infrastructure reported a strong Q3 FY26 performance with consolidated net profit rising 57% year-on-year to ₹12.81 crore. Revenue from operations grew by 13.3% to ₹139.06 crore, which includes ₹4.30 crore from Extended Producer Responsibility (EPR) credits. Profitability margins improved significantly as Profit Before Tax (PBT) surged 77% YoY to ₹17.45 crore. Additionally, the company has nearly completed the utilization of ₹78.70 crore raised via QIP for expansion and debt repayment.
Key Highlights
Consolidated Net Profit increased 57% YoY to ₹12.81 crore from ₹8.16 crore.
Revenue from operations grew 13.3% YoY to ₹139.06 crore compared to ₹122.67 crore.
Profit Before Tax (PBT) jumped 77% YoY to ₹17.45 crore, reflecting strong operational leverage.
Earnings Per Share (EPS) rose to ₹7.22 from ₹4.76 in the corresponding quarter last year.
Utilized ₹78.27 crore of the ₹78.70 crore QIP proceeds for Capex at Wada and Gummidipoondi facilities and debt repayment.
💼 Action for Investors
The company's strong earnings growth and successful deployment of QIP funds for expansion signal a positive outlook. Investors should maintain a positive stance while monitoring the sustainability of EPR credit revenues and the ramp-up of new capacities.
Tinna Rubber Q3 Net Profit Surges 57% YoY to ₹12.81 Cr; Revenue Up 23%
Tinna Rubber and Infrastructure Limited reported a strong performance for Q3 FY26, with consolidated revenue growing 23.4% YoY to ₹139.06 crore. Net profit saw a significant jump of 57% YoY, reaching ₹12.81 crore, driven by operational efficiencies and higher volumes. The company has successfully utilized nearly all of its ₹78.7 crore QIP proceeds for manufacturing expansion at Wada and Gummidipoondi and debt repayment. Revenue also included ₹4.3 crore from Extended Producer Responsibility (EPR) credits during the quarter.
Key Highlights
Consolidated Revenue from Operations grew 23.4% YoY to ₹139.06 crore from ₹112.67 crore.
Net Profit increased by 57% YoY to ₹12.81 crore compared to ₹8.16 crore in the same quarter last year.
Earnings Per Share (EPS) improved significantly to ₹7.22 from ₹4.76 YoY.
Utilized ₹78.27 crore out of ₹78.70 crore raised via QIP for expansion and debt reduction.
EPR credit sales contributed ₹4.30 crore to the quarterly revenue and ₹23.89 crore for the nine-month period.
💼 Action for Investors
The company demonstrates robust growth and efficient capital utilization for capacity expansion. Investors should maintain a positive outlook while monitoring the scalability of new facilities and the consistency of EPR credit income.
Tinna Rubber Bags ₹75.79 Crore Work Order from Indian Oil Corporation (IOCL)
Tinna Rubber and Infrastructure Limited has secured a significant work order from Indian Oil Corporation Limited (IOCL) valued at approximately ₹75.79 crores. The contract spans a period of two years and involves the supply of Crumb Rubber Modifier (CRM) to IOCL's plants at Haldia and Mathura. This order provides strong revenue visibility for the company over the next 24 months and reinforces its standing as a key supplier to major public sector undertakings. The total value includes 18% GST, representing a substantial addition to the company's current order book.
Key Highlights
Total contract value of ₹75.79 crores including 18% GST.
Execution period of two years, providing medium-term revenue visibility.
Supply of Crumb Rubber Modifier (CRM) to IOCL's Haldia and Mathura CRMB plants.
Order received from a major domestic PSU, Indian Oil Corporation Limited.
💼 Action for Investors
Investors should view this as a positive development that strengthens the company's order book and market position. Monitor the company's execution capabilities and the impact on operating margins in upcoming quarterly results.