Tinna Rubber and Infrastructure Ltd
BSE:530475
Tinna Rubber and Infrastructure Ltd
Tinna Rubber & Infrastructure Ltd. engages in the manufacture and distribution of crumb rubber modifier, modified bitumen, bitumen emulsion, and allied products. The company is headquartered in New Delhi, Delhi. The firm manufactures Crumb Rubber Modifier (CRM), Crumb Rubber Modified Bitumen (CRMB), Polymer Modified Bitumen (PMB), Bitumen Emulsion, reclaimed rubber/ ultrafine crumb rubber compound, cut wire shots and more. The firm's end to end solution helps in sourcing, processing and manufacturing of value-added products derived from waste tires. The firm provides technologies and two specialized grades of emulsion such as micro surfacing, recycling grades emulsion and eco-friendly cold mix emulsion for rural road. The products are primarily used for making/ repair of road, tires and auto part industry. The Company’s manufacturing units are located at Panipat in Haryana, Wada in Maharashtra, Haldia in West Bengal, Gummidipundi in Tamil Nadu, Kala Amb in Himachal Pradesh.
Tinna Rubber & Infrastructure Ltd. engages in the manufacture and distribution of crumb rubber modifier, modified bitumen, bitumen emulsion, and allied products. The company is headquartered in New Delhi, Delhi. The firm manufactures Crumb Rubber Modifier (CRM), Crumb Rubber Modified Bitumen (CRMB), Polymer Modified Bitumen (PMB), Bitumen Emulsion, reclaimed rubber/ ultrafine crumb rubber compound, cut wire shots and more. The firm's end to end solution helps in sourcing, processing and manufacturing of value-added products derived from waste tires. The firm provides technologies and two specialized grades of emulsion such as micro surfacing, recycling grades emulsion and eco-friendly cold mix emulsion for rural road. The products are primarily used for making/ repair of road, tires and auto part industry. The Company’s manufacturing units are located at Panipat in Haryana, Wada in Maharashtra, Haldia in West Bengal, Gummidipundi in Tamil Nadu, Kala Amb in Himachal Pradesh.
Revenue Growth: Consolidated revenue increased by 13% year-on-year and 16% quarter-on-quarter, with management reaffirming FY '26 revenue guidance of INR 540 crores.
Margin Expansion: EBITDA and PAT margins improved significantly year-on-year, with Q3 EBITDA margin at 16.3% and PAT margin at 9.2%.
CapEx & Expansion: The company completed INR 79 crores of CapEx during the first 9 months, with another INR 50 crores planned for ongoing projects in India and internationally.
Operational Highlights: Tire crushing volumes grew by 25% QoQ and 7% for 9 months; export volume up 20% YoY; strong volume growth in industrial and value-added infrastructure products.
International Projects: Oman plant is profitable and achieving 80% utilization; South Africa is still incurring losses but expected to break even from Q2 FY '27; Saudi facility will commence mid-FY '27.
Guidance Maintained: FY '26 revenue guidance remains at 8–9% growth over previous year, targeting INR 535–540 crores; FY '27 revenue expected around INR 700 crores.
Vision 2028: The company remains confident in reaching INR 1,000 crores revenue by FY '28 with a target EBITDA margin of 18%+ and ROCE over 30%.
