NSE: ETML
EMERALD TYRE MANUF LTD
Manufactures tyres, generating ₹218.16 crore of revenue in FY26, up 9.37% over the prior year. The cost structure is raw-material heavy: materials consumed ₹129.79 crore, or 59.5% of revenue, reflecting the rubber- and chemical-intensive nature of tyre production. Employee costs of ₹28.78 crore (13.2% of revenue) and other operating expenses of ₹39.98 crore (18.3% of revenue) make up the balance of operating costs. Capital expenditure of ₹51.00 crore, or 23.4% of revenue, against total assets of ₹286.07 crore, indicates ongoing capacity build-out. Return on capital employed stood at 15.36% in FY26. The pack does not break out revenue by product line, geography, or end-user segment. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Tyre manufacturing. Materials- and capital-intensive tyre manufacturing
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 199 | 218 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 6.52 | 5.30 |
| ROE % · ROCE % | — · 18.6 | — · 15.4 |
| Debt / equity (x) | — | — |
| Cash from operations | 8 | 21 |
| Capex | (31) | (51) |
Exhibit 2: Quarterly performance, last 3 quarters
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 101 | 105 | 113 |
| Profit before tax | 6 | 9 | 4 |
| Net profit | — | — | — |
| EPS (₹) | 2.53 | 3.88 | 1.42 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 22 Oct 2026 · Subsidiary renamed to Emerald Tyres Africa Pty Limited | general | low | — | — |
| 22 Oct 2026 · South African subsidiary renamed Emerald Tyres Africa | general | low | — | — |
| 7 Oct 2026 · Routine quarterly dematerialisation certificate filed with NSE | compliance | minimal | — | — |
| 28 Sept 2026 · Newspaper publication intimation submitted to NSE | compliance | minimal | — | — |
| 25 Sept 2026 · AGM results: all 6 resolutions passed, Re.1 dividend declared | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Emerald Tyre invests Rs 12.23 cr in SA Rubber Engineering, makes it subsidiary | strategic transactions | high | — | — |
| 25 Sept 2026 · Trading Window closure for Designated Persons from October 1, 2026 | compliance | minimal | — | — |
How to read this document
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|---|---|---|
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.