| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 1 | 9 | 7 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 61 |
| Expenses | 1 | 9 | 7 | 4 | 0 | 0 | 1 | 0 | 0 | 0 | 11 | 57 |
| EBITDA | 0 | 0 | 0 | 0 | -0 | -0 | -1 | 0 | 0 | 0 | 1 | 4 |
| Operating Profit % | 8 % | 2 % | 0 % | 0 % | -305 % | 0 % | 0 % | 0 % | 0 % | 0 % | 5 % | 3 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | -0 | -0 | -1 | 0 | 0 | 0 | 1 | 4 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Net Profit | 0 | 0 | 0 | 0 | -0 | -0 | -1 | 0 | 0 | 0 | 1 | 3 |
| EPS in ₹ | 0.11 | 0.30 | 0.03 | 0.00 | -0.95 | -0.49 | -2.02 | 0.46 | 0.09 | 0.04 | 0.04 | 0.70 |
Tirupati Tyres
Tirupati Tyres
8.41
-0.25
(-2.89%)
Key Fundamentals
Market Cap
61.67 Cr
EPS
0.04
PE Ratio
21.12
Dividend Yield
0.00 %
Industry
Automobiles 52 Week High
16.11
52 Week Low
7.81
PB Ratio
0.60
Debt to Equity
0.00
Sector
Tyres Actual
Company News
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Tirupati Innovar Reports Quarterly Results Amid Auditor Disclaimer Due to Missing Documentation
Nov 12, 2025
Nov 12, 2025Tirupati Innovar Limited (formerly Tirupati Tyres Limited) announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs 48.53 crores for the quarter and Rs 45.20 crores for the six-month period. Net profit stood at Rs 1.52 crores for the quarter and Rs 2.20 crores for the half-year. However, the statutory auditors issued a disclaimer of opinion citing multiple concerns including lack of satisfactory supporting documents for sales, purchases, inventory valuation, missing fixed assets register, unconfirmed trade receivables and payables, unsecured loans without proper agreements, and non-disclosure of MSME classification for trade payables. The auditors noted they were unable to obtain sufficient audit evidence due to inadequate documentation and handover from previous management. The company operates in the Agriculture & Others segment with total assets of Rs 118.48 crores.
Tirupati Tyres Issues Corrigendum for Postal Ballot on Name Change to Tirupati Innovar LimitedSep 12, 2025
Sep 12, 2025Tirupati Tyres Limited issued a corrigendum on September 12, 2025, to its postal ballot notice dated August 13, 2025. The corrigendum addresses typographical errors in the special resolution seeking shareholder approval to change the company name from 'Tirupati Tyres Limited' to 'Tirupati Innovar Limited'. The company has diversified from its original tyre manufacturing business into agriculture, infrastructure, and goldsmith activities. The proposed name was approved by the Central Registration Centre on August 1, 2025. The e-voting period runs from August 19, 2025, to September 17, 2025. Shareholders who already voted can modify their votes by emailing the scrutinizer before the deadline. The Board of Directors approved the name change decision on July 24, 2025, citing better alignment with the company's current business activities and strategic direction.
Tirupati Tyres Ltd announced significant board changes during its August 28, 2025 meeting. The company appointed Mr. Nilesh Shyamlal Koshti as Additional Executive Director and Chairman for a five-year term, bringing business and operations experience. Mr. Akash Jitendra Kumar Patel was appointed as Additional Non-Executive and Independent Director for five years, with experience in management and financial administration. Both appointments require shareholder approval. The company also noted the resignations of Mr. Harsh Pravinbhai Patel (Non-Executive and Non-Independent Director) and Mr. Kunj Patel (Non-Executive and Independent Director) on August 27, 2025, citing personal reasons. Both resigning directors hold directorships in Heads Up Ventures Limited. The board also approved the 37th Annual General Meeting notice and reconstituted its audit, nomination and remuneration, and stakeholder committees.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,52,435.00 | #1 64,649.86 | 34.77 | #1 28,561.30 | 12.07 | #1 1,869 | 11.66 | 38.45 | |
2,319.50 | 44,839.92 | 32.20 | 10,985.70 | 11.89 | 1,655 | -21.25 | 48.91 | |
512.40 | 32,542.57 | 41.59 | 26,211.50 | 2.66 | 1,121 | -13.28 | 51.25 | |
3,877.80 | 15,685.74 | 31.76 | 13,235.40 | 10.63 | 471 | 52.84 | 47.69 | |
446.45 | 12,233.62 | 22.80 | 14,772.20 | -1.82 | 516 | #1 62.30 | 58.03 | |
4,702.10 | 3,600.42 | 131.26 | 3,260.00 | 11.16 | 21 | 6.80 | 73.57 | |
888.00 | 2,048.57 | 49.30 | 2,625.60 | 2.22 | 55 | -16.56 | 10.45 | |
152.45 | 602.31 | 17.42 | 295.00 | #1 28.99 | 39 | -28.12 | 32.35 | |
112.03 | 280.53 | #1 17.05 | 45.80 | 13.09 | 21 | -26.98 | 36.04 | |
114.80 | 223.59 | 21.40 | 202.60 | 17.79 | 10 | -80.00 | 39.68 |
Growth Rate
Revenue Growth
2,850.00 %
Net Income Growth
900.00 %
Cash Flow Change
-22,400.00 %
ROE
1,031.25 %
ROCE
913.64 %
EBITDA Margin (Avg.)
-60.90 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 2 | 5 | 9 | 9 | 2 | 2 | 1 | 1 | 54 | 54 | 70 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Assets | 1 | 4 | 9 | 9 | 2 | 2 | 1 | 1 | 54 | 54 | 70 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2 | 4 | 9 | 8 | 2 | 1 | 1 | 1 | 54 | 54 | 70 |
| Total Liabilities | 2 | 5 | 9 | 9 | 2 | 2 | 1 | 1 | 54 | 54 | 70 |
| Current Liabilities | 0 | 3 | 7 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Non Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Total Equity | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 54 | 54 | 55 |
| Reserve & Surplus | -1 | -1 | -1 | -1 | -2 | -2 | -2 | -2 | 30 | 30 | 31 |
| Share Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 24 | 24 | 24 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Investing Activities | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Operating Activities | 0 | 0 | -0 | 0 | -0 | 0 | -1 | 0 | -0 | 0 | -5 |
| Financing Activities | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 5 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 74.04 % | 73.93 % | 73.71 % | 73.71 % | 73.71 % | 70.56 % | 88.66 % | 88.51 % | 21.78 % | 21.84 % | 22.25 % | 27.84 % | 37.38 % | 49.80 % | 94.32 % | 94.62 % | 94.61 % | 95.47 % | 96.21 % |
| Others | 25.96 % | 26.07 % | 26.29 % | 26.29 % | 26.29 % | 29.44 % | 11.34 % | 11.49 % | 78.22 % | 78.16 % | 77.75 % | 72.16 % | 62.62 % | 50.20 % | 5.68 % | 5.38 % | 5.39 % | 4.53 % | 3.79 % |
| No of Share Holders | 4,851 | 4,966 | 5,078 | 5,078 | 5,078 | 6,138 | 6,837 | 6,818 | 6,638 | 6,843 | 8,078 | 9,354 | 9,888 | 12,925 | 47,347 | 44,629 | 44,633 | 45,999 | 45,581 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 20.56 | 17.21 |
| 14 Nov 2024 |  Quarterly Result Announcement | NA | 14 Nov 2024 | 14.54 | 13.73 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 11.46 | 10.62 |
| 17 Apr 2025 |  Rights | 2:1 | 17 Apr 2025 | 9.25 | 9.81 |
| 27 May 2025 | Quarterly Result Announcement | NA | 27 May 2025 | 9.87 | 10.50 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 10.21 | 10.13 |
| 26 Sept 2025 | Annual General Meeting | NA | 26 Sept 2025 | 10.04 | 9.75 |
| 11 Nov 2025 | Quarterly Result Announcement | NA | 11 Nov 2025 | 8.98 | 8.84 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 12, 2025
Nov 12, 2025Result- Unaudited Financial Statement For The Quarter And Half Year Ended 30Th September 2025Nov 11, 2025
Nov 11, 2025Board Meeting Outcome for Outcomes Of Board MeetingNov 11, 2025
Nov 11, 2025Board Meeting Intimation for Meeting Of The Board Of Directors Under The Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 06, 2025
Nov 06, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 10, 2025
Oct 10, 2025Change In Name Approved By The Registrar Of CompaniesSep 29, 2025
Sep 29, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 27, 2025
Sep 27, 2025Closure of Trading WindowSep 26, 2025
Sep 26, 2025Announcement under Regulation 30 (LODR)-Meeting UpdatesSep 26, 2025
Sep 26, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 26, 2025
Sep 26, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportSep 18, 2025
Sep 18, 2025Corrigendum Of Postal Ballot Notice 13.08.2025Sep 12, 2025
Sep 12, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 04, 2025
Sep 04, 2025Reg. 34 (1) Annual Report.Sep 03, 2025
Sep 03, 202537Th Annual General Meeting Notice Of Tirupati Tyres LimitedSep 03, 2025
Sep 03, 2025Change The Website Of The CompanySep 03, 2025
Sep 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 30, 2025
Aug 30, 2025Board Meeting Outcome for Outcome Of Board MeetingAug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 28, 2025
Aug 28, 2025Reconstitution Of CommitteesAug 28, 2025
Aug 28, 2025Board Meeting Outcome for Outcomes Of Board MeetingAug 28, 2025
Aug 28, 2025Board Meeting Outcome for Outcomes Of Board MeetingAug 28, 2025
Aug 28, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 18, 2025
Aug 18, 2025Unaudited Financial Results Of The Company Along With The Limited Review ReportAug 13, 2025
Aug 13, 2025General AnnouncementAug 13, 2025
Aug 13, 2025Corporate Announcement/Information Under Regulation 44 Of SEBI (LODR) Regulations 2015 Regarding Providing Remote E-Voting Facilities For The Of Annual General Meeting To Be Held On 26Th Septembers 2025.Aug 13, 2025
Aug 13, 2025Corporate Announcement/Information Under Regulation 42 Of SEBI (LODR) Regulations 2015 Regarding Book Closure And Intimation Of Date Of The 37Th Annual General Meeting.Aug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sAug 13, 2025
Aug 13, 2025Board Meeting Outcome for Outcome Of Meeting Of The Board Of Directors Under The Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.Aug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Resignation of Statutory AuditorsAug 12, 2025
Aug 12, 2025Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company Is Scheduled To Be Held At The Registered Office Of The Company On Wednesday 13Th August 2025Aug 07, 2025
Aug 07, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJul 25, 2025
Jul 25, 2025Board Meeting Outcome for Outcomes Of Board MeetingJul 24, 2025
Jul 24, 2025Board Meeting Intimation for Postponed And Reschedule On 24Th July 2025Jul 23, 2025
Jul 23, 2025Board Meeting Intimation for Consider Discuss And Approve Change In The Name Of The CompanyJul 19, 2025
Jul 19, 2025Board Meeting Outcome for Outcome Of Board Meeting For Raising Of Funds By Way Of A Qualified Institutions Placement (By Means Of Issuing Equity Shares)Jul 16, 2025
Jul 16, 2025Board Meeting Intimation for Wednesday 16Th Day Of July 2025 At The Registered Office Of The CompanyJul 12, 2025
Jul 12, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Jul 07, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotJun 24, 2025
Jun 24, 2025Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 Of SEBI (Listing Obligation & Disclosure
Requirement) Regulations 2015.Jun 21, 2025
Jun 21, 2025Board Meeting Intimation for Scheduled To Be Held On Saturday 21St Day Of June 2025 At The Registered Office Of The Company.Jun 18, 2025
Jun 18, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
May 28, 2025Company At Their Meeting Held Today I.E. Tuesday 27Th
May 2025May 27, 2025
May 27, 2025Board Meeting Outcome for Considered And Approved Audited Financial Results Of The Company Along With Audit Report Thereon For The
Quarter And Year Ended 31St March 2025May 27, 2025
May 27, 2025Technical Indicators
RSI(14)
Neutral 34.64
ATR(14)
Less Volatile 0.44
STOCH(9,6)
Oversold 14.68
STOCH RSI(14)
Oversold 19.22
MACD(12,26)
Bearish -0.02
ADX(14)
Strong Trend 47.47
UO(9)
Bearish 33.80
ROC(12)
Downtrend And Accelerating -5.57
WillR(14)
Oversold -92.66
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