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    Tinna Rubber and Infrastructure Limited

    Recycles end-of-life tyres into rubber, bitumen and polymer products for infrastructure and industry.

    Capital Goods
    Industrials
    View TINNARUBR earnings calls
    ₹879.95
    +14.26% from avg

    Overview

    Price

    ₹879.95

    Market Cap

    ₹2.0k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital999917171818
    Reserves58586987111161254282
    Borrowings7266716086135104129
    Other Liabilities3036413754728199
    Total Liabilities168169189193268385457529
    AssetsFixed Assets77777774130185195249
    CWIP30107112442
    Investments2524262831403734
    Other Assets63698590100149201204
    Total Assets168169189193268385457529

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating2017211932593657
    Cash from Investing-4-2-5-12-10-70-68-103
    Cash from Financing-16-15-15-6-2193344
    SummaryCapital Expenditure
    Free Cash Flow151415924-13-31-49
    FCF Margin

    Valuation

    Assumptions

    Current — TINNARUBR
    Price
    ₹880
    EPS (TTM)
    ₹34.24
    PE (TTM)
    25.7
    Profit growth
    41.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (32.9×) and current (25.7×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹880
    vs
    Fair value · 15% return
    ₹2,500
    184%Undervalued

    At 41.6% growth and a 26× exit, ₹880 only delivers your return if you pay ₹2,500. The price is currently baking in 17% growth.

    EPS grows 41.6%/yr for 5 years, then fades to 6% over 2, exits at 26×.

    YearGrowthEPS (₹)
    FY2741.6%48.48
    FY2841.6%68.65
    FY2941.6%97.21
    FY3041.6%137.65
    FY3141.6%194.92
    FY3223.8% ·fade241.31
    FY336.0% ·fade255.79

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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