Tinna Rubber and Infrastructure has infused SAR 1,02,000 (approximately ₹26.20 lakh) into its wholly owned subsidiary, Tinna Rubber Arabia Ltd. The investment marks the third tranche of capital infusion into the Saudi-based entity.

The company disclosed the transaction in a filing with stock exchanges on August 31, 2026. The funds were utilized for the subscription of 15 shares, each with a face value of SAR 6,800.

Transaction Details

The investment structure reflects a high-value equity stake acquisition within the group's international operations. The key parameters of the infusion are outlined below.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Kumar Rawat, Company Secretary of Tinna Rubber and Infrastructure Limited, signed the intimation letter addressed to the Listing Departments of BSE Limited and the National Stock Exchange of India Ltd.

The move consolidates the parent company’s ownership structure in its Middle East operations, following previous tranches of investment not detailed in this specific filing.

Tinna Rubber And Infrastructure has confirmed Tuesday, September 8, 2026 as the record date for its FY26 final dividend of ₹3.25 per equity share. The company notified shareholders on August 25, 2026 that the Register of Members and Share Transfer Books will remain closed from September 9 to September 15, 2026, to facilitate the dividend payment and the 39th Annual General Meeting (AGM).

The Board of Directors had previously recommended the dividend, which amounts to 32.5% of the face value of ₹10 per share. Dividend income is taxable in the hands of shareholders under the Finance Act, 2020. Consequently, the company will deduct tax at source (TDS) in accordance with the Income Tax Act, 1961. Shareholders are requested to submit requisite documents by September 8, 2026, to ensure accurate TDS application.

Financial performance

On a standalone basis, revenue from operations grew 5.59% YoY to ₹53,323.41 lakh, while PBT rose 27.41% to ₹7,228.36 lakh and PAT grew 25.92% to ₹5,323.54 lakh. At the consolidated level, revenue grew 8.01% to ₹54,580.74 lakh, PBT rose 13.82% to ₹7,199.37 lakh, and PAT grew 9.29% to ₹5,284.73 lakh.

On a standalone basis, EBITDA margins expanded to 17.2% from 14.3% in FY25, and PAT margins improved to 10.0% from 8.4%. Operating cash flows increased 60% to ₹57 crore. Total debt reduced 10% to ₹121 crore from ₹134 crore in FY25.

Operational highlights

Tyre crushing volumes increased 13% YoY to 155,000 TPA, with capacity utilisation at 90% in India and 85% in Oman. India's tyre crushing capacity expanded 9% to 185,000 TPA. Key product volume growth included Modified Rubber Powder up 34%, Reclaimed Rubber up 19%, and Crumb Rubber Modifier up 50% YoY. Exports delivered 30% volume growth in FY26.

Segment-wise revenue

The Infrastructure segment's revenue contribution declined to 38% in FY26 from 45% in FY25, reflecting a conscious shift toward higher-margin products. The Industrial segment grew to 30% from 26%, while the Polymer Composites and Masterbatch (PCMB) segment rose to 4% from 1%.

Capital markets and strategic initiatives

The company raised approximately ₹78.7 crore through a Qualified Institutional Placement (QIP), with participation from ICICI Prudential Mutual Fund, JM Financial Mutual Fund, and Bank of India Mutual Fund. The company also listed on the NSE main board in April 2025, complementing its existing BSE listing. Capital expenditure of approximately ₹107 crore was completed in FY26, with an additional ₹100 crore planned over FY27–FY28.

Installed solar capacity more than tripled from 1.23 MW to 4.48 MW, with nearly 50% of power requirements expected to be met through renewable sources from FY27 onwards. These initiatives generated savings of approximately ₹2.76 crore during FY26. The company also received the Innovation Award 2025 in Lisbon from the Rubberized Asphalt Foundation.

International operations

The Oman subsidiary (Global Recycle LLC) operated at 85% capacity utilisation and contributed approximately ₹30 crore in FY26 revenue. Phase I of the South Africa project (Mbodla Investments Pty Ltd, 49% JV) was completed and semi-processed material exports commenced. Phase II, targeting full-scale crumb rubber production, is expected to commence by Q2 FY27. In Saudi Arabia, a 13,000-square-metre plot has been allocated for a planned 24,000 MTPA facility, with construction expected to begin in mid-FY27 subject to geopolitical conditions.

AGM agenda and dividend

The Board recommends a final dividend of ₹3.25 per equity share of face value ₹10 each (32.50%) for FY26. The record date is September 8, 2026. Remote e-voting through NSDL opens September 11, 2026 at 9:00 am and closes September 14, 2026 at 5:00 pm. Share transfer books remain closed from September 9 to September 15, 2026.

Special resolutions include re-appointment of Mr. Sanjay Kumar Jain as Independent Director for a second five-year term from October 20, 2026, and re-appointment of Mr. Subodh Kumar Sharma as Whole-Time Director for three years from November 4, 2026.

Shareholders must also ratify salary increases for related parties: Mrs. Shobha Sekhri's monthly salary is proposed to rise to ₹4.11 lakh and Mr. Arnav Sekhri's to ₹3.00 lakh, both effective April 1, 2026.

What the numbers show

The combination of margin expansion — standalone EBITDA margin up to 17.2% from 14.3% — alongside a 60% increase in operating cash flows and a 10% reduction in total debt signals meaningful improvement in capital efficiency. The net debt-to-equity ratio improving to 0.39x from 0.73x and interest coverage rising to 7.49x from 6.09x further reinforce balance sheet strengthening. The PCMB segment's revenue contribution quadrupling to 4% and the commissioning of TPO and recovered carbon black facilities indicate early-stage diversification into higher-value product streams.