Emerald Tyre Manufacturers Ltd.
NNSE:ETML65.30
INR
+0.30
(+0.46%)
ISIN
INE0RHD01013
Return %
Stock
S&P 500
1Y
-50.15
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Varadarajan Krishnaram
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Chennai India
- IPO Date
- Dec 12, 2024
- Website
- emeraldtyres.com
- Similar Companies
- Business
- Emerald Tyre Manufacturers Limited is an India-based manufacturer and exporter specializing in engineered off-highway, industrial, and material handling tyre solutions. Founded in 2002 and headquartered in Chennai, Tamil Nadu, the company designs, manufactures, and distributes industrial tyres, rims, and complete wheel assemblies used across material handling equipment, port logistics vehicles, airport ground support machinery, construction machinery, and mining applications. The company markets its core product line under the proprietary brand name GRECKSTER, including sub-brands such as Greckster Gold and Greckster MEO. Emerald Tyre Manufacturers Limited provides a comprehensive portfolio of products and services, including solid resilient tyres in standard, non-marking, anti-static, and heat-resistant formulations for forklifts and industrial vehicles; press-on band tyres featuring rubber-to-metal bonding and polyurethane compounds; industrial pneumatic tyres for heavy-duty logistics and ground equipment; specialized industrial wheel rims, split rims, and direct-bonded wheels; polyurethane wheels and industrial castors; butyl rubber inner tubes and tyre flaps; and value-added tyre-wheel fitment, custom rubber compounding, mould design, and fleet tyre management services. The company operates an integrated manufacturing facility spanning over 10 acres at the SIPCOT Industrial Estate in Gummidipoondi, Tamil Nadu, and exports products to over 70 countries across North America, Europe, the Middle East, Africa, and Asia-Pacific. International distribution is supported through overseas subsidiaries and regional entities, including Emrald Tyres Europe B.V.B.A. in Belgium and Emrald Middle East FZE in the United Arab Emirates, along with direct operations in the United States and Australia. In recent corporate developments, the company reorganized from a private entity into a public limited company, rebranding from Emerald Resilient Tyre Manufacturers Private Limited to Emerald Tyre Manufacturers Limited in 2024. In December 2024, the company completed its initial public offering on the National Stock Exchange of India (NSE Emerge platform under ticker ETML), raising approximately INR 49.26 crore to fund manufacturing capacity expansion, working capital requirements, and the scaling of its global distribution operations.