1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Birla Tyres Limited

Birla Tyres Limited

BIRLATYRE.NS
Birla Tyres LimitedIN flagNational Stock Exchange of India
5.30
INR
- -
- -
774.27MMarket Cap
Birla Tyres Limited
BIRLATYRE.NS
(National Stock Exchange of India)

Recent

price

5.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
TTM
FRC
- -
32.98
9.48
0.38
- -
0.43
Revenue per Share
- -
-20.11
-20.17
-45.98
- -
-2.62
Basic EPS, GAAP
- -
14.94
-1.93
-1.04
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-19.86
-39.75
-85.65
- -
10.07
Book Value per Share
- -
-19.86
-39.75
-85.65
- -
-88.87
Tangible Book Value per Share
- -
143
143
143
- -
142
Basic Weighted Avg Shares
- -
4,702
1,351
54
61
61
Sales/Revenue/Turnover
- -
-33.46
-101.71
-1,126.77
-335.08
-335.08
Operating Margin (%)
- -
381
333
296
185
185
Depreciation Expense
- -
-2,867
-2,876
-6,557
-371
-371
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-60.97
-212.88
-12,105.28
-607.98
-607.98
Profit Margin (%)
- -
-8,544
-18,653
-20,593
-20,715
-20,715
Working Capital
- -
6,258
1
- -
- -
- -
LT Debt
- -
-2,831
-5,668
-12,214
-12,583
-12,583
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
3.11
Return on Capital (%)
- -
- -
- -
- -
- -
-412.15
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'23
ST Debt
11,536
- -
11,541
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
- -
143
Market Capitalization
613
673
750

Working Capital

FRC

•

in mil. unless spec.
Sep'23
Dec'23
Mar'23
Total Current Assets
1,513
- -
1,547
Cash, Cash Equivalents & STI
12
- -
47
Accounts Receivable, Net
1,035
- -
1,035
Inventories
278
- -
278
Total Current Liabilities
22,305
- -
22,262
Payables & Accruals
- -
- -
- -
ST Debt
11,536
- -
11,541
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3.03%
Free Cash Flow
- -
- -
-87.14%
Net Income, GAAP
- -
- -
-94.35%
Sales/Revenue/Turnover
- -
- -
12.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
288
398
474
192
1,351
2022
29
5
10
10
54
2023
2
- -
- -
59
61

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-6.21
-5.12
-5.34
- -
-20.17
2022
-4.22
-3.14
-7.42
- -
-45.98
2023
-2.1
-0.5
-0.35
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Similar Companies
Zhejiang VIE Science & Technology Co., Ltd. (002590.SZ)
Weds Co., Ltd. (7551.T)
Igarashi Motors India Limited (IGARASHI.NS)
G.S. Auto International Limited (GSAUTO.BO)
Wooshin Systems Co., Ltd. (017370.KS)
Menon Pistons Limited (MENNPIS.BO)
Business
Birla Tyres Limited is an Indian manufacturer specializing in automotive tyres, producing a comprehensive range of products including truck and bus tyres, small and light commercial vehicle (SCV/LCV) tyres, passenger car tyres, two- and three-wheeler tyres, as well as farm and mining tyres. The company offers both bias and radial tyres catering to diverse load requirements and operational conditions, with specific brands such as Roadmaxx, BT Safemaxx, BT Citymaxx, BT Sportmaxx for two-wheelers; Hulk SL, Hulk Hug, Hulk Rib for three-wheelers; Ultra-Drive Platina, Ultra-Miler Platina for LCVs; and Kalapatthar, Ultra Tac, Grader Max for agricultural and off-the-road (OTR) applications. Founded in 1991 and headquartered in Kolkata, West Bengal, Birla Tyres operates across India with a network of over 170 sales depots and an international presence in 17 countries. The company was originally a division of Kesoram Industries and had a collaboration with Pirelli for tyre development. Recent major changes include its acquisition by Himadri Specialty Chemical Limited and Dalmia Bharat Refractories in 2023 under an insolvency resolution plan, with a relaunch planned for 2025 that introduces a product portfolio expansion to include OTR tyres and both cross-ply and radial tyres, marking the company's first foray into radial tyre production. This strategic acquisition and relaunch signify a major operational and product shift aimed at strengthening Birla Tyres' market positioning and technology capabilities. The company continues to serve various industrial and agricultural sectors, focusing on high quality and diversified tyre solutions.