Tolins Tyres
148.52
+0.32(+0.22%)
Market Cap₹586.79 Cr
PE Ratio17.42
IndustryAutomobiles
Company Performance:
1D+0.22%
1M-22.77%
6M+10.49%
1Y-32.06%
5Y-37.96%
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More news about Tolins Tyres
12Sept 25
Tolins Tyres Expands Agricultural Line with Heavy-Duty Tractor Rear Tyres
Tolins Tyres announced the launch of heavy-duty tractor rear tyres, expanding its agricultural product lineup. The new tyres will be available in late September through 1,200+ dealers across India. The company aims to shift its revenue ratio from 60-65% retreading materials to 50-50 or 45-55 in favor of new tyres. Tolins Tyres increased its production capacity from 100 to 5,000 tyres per day after acquiring a Kochi plant in 2023. The company's recent IPO was oversubscribed 1.80 times on the first day, indicating strong market confidence.
04Sept 25
Tolins Tyres Limited Announces Change in Statutory Auditors, Sets Date for 22nd AGM
Tolins Tyres Limited has announced the resignation of M/s. Krishnan Retna & Associates as statutory auditors, to be replaced by M/s. P T Joseph & Co. for a 5-year term, subject to shareholder approval. The company's 22nd AGM is scheduled for September 30, 2025, via video conferencing. The cut-off date for shareholder voting rights is set for September 23, 2025.
25Aug 25
Tolins Tyres Expands Agricultural Portfolio with Launch of Heavy-Duty Tractor Rear Tyres
Tolins Tyres Limited has launched heavy-duty tractor rear tyres, completing its full tractor tyre range. This strategic move enhances the company's agricultural product line, offering a comprehensive solution for farmers. The launch is timed to coincide with the upcoming harvest season starting late September. Tolins Tyres plans to leverage its network of over 1,200 dealers for distribution. The company, founded in 1982, specializes in retreading and tyre products, including two and three-wheeler tyres, LCV tyres, and agricultural tyres.
08Aug 25
Tolins Tyres Faces Monitoring Agency Shake-up, Seeks New SEBI-Registered Replacement
Tolins Tyres Limited received a termination notice from its current monitoring agency on August 8, 2025, citing operational reasons. The company is now actively seeking to appoint a new SEBI-registered monitoring agency to ensure continued regulatory compliance. Umesh M, Company Secretary and Compliance Officer, has informed stock exchanges about this development. The company is working to maintain transparency and adhere to regulatory standards throughout this transition.
29Jul 25
Tolins Tyres Ventures into Rubber Recycling with New Subsidiary Terra Rubber
Tolins Tyres Limited has incorporated a wholly owned subsidiary, Terra Rubber Private Limited, on July 28, 2025, to enter the rubber recycling business. The new entity, with an authorized capital of Rs. 1,00,000, will focus on collecting, processing, and recycling used tyres and rubber products. This strategic move aims to ensure a stable supply of powdered rubber for tyre production, enhance quality control, and meet Extended Producer Responsibility obligations. Terra Rubber will manufacture reclaim rubber, crumb rubber, and other by-products from tyre recycling, positioning Tolins Tyres at the forefront of sustainable manufacturing in the tyre industry.
09Jul 25
Tolins Tyres Expands into Rubber Recycling with New Subsidiary
Tolins Tyres has incorporated a new wholly owned subsidiary, Terra Rubber Pvt Ltd, to enter the rubber recycling sector. This strategic move aims to diversify the company's portfolio, focus on sustainability, and tap into the growing market for recycled rubber products. The subsidiary could potentially provide recycled materials for Tolins Tyres' main operations, enhancing supply chain efficiency. This expansion aligns with global trends towards sustainability and circular economy practices in the tyre and rubber industry.
08Jul 25
Tolins Tyres Expands into Rubber Recycling with New Subsidiary
Tolins Tyres has established a new wholly owned subsidiary, Terra Rubber Pvt Ltd, focusing on rubber recycling. This strategic move aims to broaden the company's footprint in the rubber sector, potentially opening up new revenue streams and aligning with sustainability trends. The initiative demonstrates Tolins Tyres' commitment to diversification and environmental responsibility in the tyre industry.
10Jun 25
Tolins Tyres Hits Record Monthly Production of 816 Metric Tons in May 2025
Tolins Tyres reported a record-breaking monthly production output of 816 metric tons in May 2025. This achievement demonstrates the company's enhanced manufacturing capabilities and operational efficiency. The increased production capacity could lead to potential market share growth, improved ability to meet demand, and possible revenue increases. This milestone sets a new benchmark in the tyre manufacturing industry.
28May 25
Tolins Tyres Q4 Results: EBITDA Soars Despite Revenue Dip
Tolins Tyres' Q4 results show significant profitability improvements despite revenue challenges. EBITDA increased to ₹695.30 crore from ₹138.70 crore year-over-year, with EBITDA margin rising to 19.51%. Revenue decreased to ₹695.30 crore from ₹866.40 crore. Consolidated net profit grew 32.57% to ₹92.80 crore. The company demonstrated strong cost management and operational efficiency, offsetting the 19.75% revenue decline.
Tolins Tyres
148.52
+0.32
(+0.22%)
1 Year Returns:-32.06%
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