Tirupati Innovar Limited

BSE: TIRUPATIIN · Tyres & Rubber Products · sector

₹6.05BSE close 2026-10-26

Key numbers

Market cap₹15 cr

Price₹6.05

52w high / low₹14 / ₹5

P/E4.0xSector median 20.0x

P/B0.3xSector median 2.4x

Book value₹22.8

Dividend yield–Sector median 0.98%

ROE1.2%Sector median 9.0%

ROCE1.4%Sector median 11.2%

OPM-0.4%Sector median 5.6%

Debt / equity0.09xSector median 0.37x

EV/EBITDA–Sector median 14.4x

Interest cover–

Current ratio1.41x

Sales growth 3y–Sector median +3.7%

Profit growth 3y+43.6%Sector median +13.1%

PEG0.09x

Last 12 months to Mar 2026, Standalone. "Sector median" = middle value of 17 companies in Tyres & Rubber Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹0 cr vs borrowings ₹5 cr (FY26): borrowings are higher by ₹5 cr.
Net loss in 1 of the last 5 quarters.
Other income was 231% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹6.05 on 2026-10-26: -56.9% from the 52-week high, +11.8% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹20.27 · low ₹5.89

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	11	0	49	21	73
EBITDA	1	-0	2	0	-3
OPM %	8.3%	–	4.2%	1.8%	-3.9%
Other income	0	1	0	0	0
Net profit	1	1	2	0	-2
EPS (₹)	0.03	0.03	0.62	0.12	0.75
Revenue YoY					+566.1%
Profit YoY					-369.1%

Standalone figures where filed. Latest quarter Mar 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	–	–	–	11	143	143
EBITDA	-0	-0	-0	1	-1	-1
Net profit	0	0	0	1	1	1
EPS (₹)	0.46	0.09	0.04	0.04	0.27	1.52
Revenue growth		–	–	–	+1,198.7%	–
Profit growth		+37.5%	-59.1%	+1,011.1%	-35.0%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	–	–	–
Net profit	+43.6%	–	–
EPS	+44.2%	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	55	56
Borrowings	5	5
Cash & equivalents	0	0
Total assets	70	210
Fixed assets	0	0
Capital work in progress	0	–
Investments	0	0
Receivables	13	152
Inventory	0	0
Payables	10	147

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-4	-1
Cash from investing	0	0
Cash from financing	5	1
Capex	0	0
Free cash flow	-4	-1

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	1.8%	1.2%
ROCE %	2.2%	1.4%
Debtor days	419	389
Inventory days	0	0
Payable days	366	387
Cash conversion cycle (days)	53	2
Working capital days	1,979	155

Peers in Tyres & Rubber Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
MRF	₹49,769 cr	20.6x	2.4x	12.2%	15.2%	14.9%	+10.6%	0.20%
BALKRISIND	₹40,775 cr	29.0x	3.7x	14.4%	13.2%	22.0%	+3.5%	0.76%
APOLLOTYRE	₹24,569 cr	14.3x	1.5x	10.8%	11.0%	11.9%	+5.0%	2.20%
CEATLTD	₹12,479 cr	24.4x	2.5x	9.0%	13.4%	10.8%	+11.5%	0.98%
JKTYRE	₹8,661 cr	13.0x	1.4x	11.9%	12.0%	10.6%	+3.7%	0.95%
TVSSRICHAK	₹3,167 cr	34.3x	2.7x	7.2%	9.0%	7.6%	+6.9%	0.40%
GOODYEAR	₹1,515 cr	28.1x	2.5x	8.9%	13.1%	4.2%	-5.4%	3.64%
MEGAMONT	₹446 cr	49.8x	13.2x	55.7%	17.8%	1.1%	–	–
TOLINS	₹315 cr	9.7x	0.9x	9.5%	11.2%	13.7%	–	–
TIRUPATIIN	₹15 cr	4.0x	0.3x	1.2%	1.4%	-0.4%	–	–

All 17 companies in Tyres & Rubber Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Consumer Discretionary
Industry	Tyres & Rubber Products
Sub-industry	Tyres & Rubber Products
Symbol	TIRUPATIIN
BSE code	539040
ISIN	INE812Q01016
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.