Tinna Rubber and Infrastructure Ltd
Tinna Rubber Reports H1 FY27 PAT Up 60% YoY to ₹38 Cr, Q2 PAT Up 45%
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Oct 2026, 04:08 PM IST · BSE ID: bd4b908b-b95e-4cf2-af8e-908d1dcdc4e0
View Original BSE Filing (PDF)
💡
In Simple Terms
Tinna Rubber announced strong half-year profits, with H1 FY27 profit up 60% and revenue up 25%, while reducing company debt.
🤖 AI Summary
- Consolidated H1 FY27 PAT increased 60% YoY to ₹38 Cr; Q2 FY27 PAT grew 45% YoY to ₹17 Cr.
- H1 FY27 consolidated revenue rose 25% YoY to ₹313 Cr; Q2 FY27 revenue up 31% YoY to ₹157 Cr.
- Debt decreased 9% in H1 FY27 to ₹111 Cr from ₹121 Cr in FY26, improving balance sheet strength.
- Ongoing 3,500 MTPA Micronized Rubber Powder (MRP) capacity expansion is on track for Q3 FY27 commissioning.
- CARE Ratings upgraded Tinna's credit ratings to CARE BBB; Stable for long-term and CARE A3+ for short-term facilities.
🔢 Key Numbers — exact figures from BSE filing, not rounded
H1 FY27 Revenue
₹313 Cr
25%
H1 FY27 EBITDA
₹63 Cr
50%
Q2 FY27 Revenue
₹157 Cr
31%
Q2 FY27 EBITDA
₹29 Cr
37%
Interest Coverage Ratio H1 FY27
9.91x
Interest Coverage Ratio FY26
7.49x
🏢 How This Affects the Company
The company's market position as an end-of-life tyre recycler is strengthened by the planned 3,500 MTPA MRP capacity expansion, increasing total MRP capacity to 20,000 MTPA, aiming for global leadership. Expansion into a 40-acre integrated recycling facility in Andhra Pradesh with up to ₹250 crore investment further diversifies operations.
Consolidated H1 FY27 PAT increased 60% YoY to ₹38 Cr, and Q2 FY27 PAT grew 45% YoY to ₹17 Cr. Debt declined 9% to ₹111 Cr, improving the interest coverage ratio to 9.91x from 7.49x and net debt-to-equity to 0.32x in H1 FY27.
The commissioning of 3,500 MTPA MRP capacity by Q3 FY27 will increase total MRP capacity to 20,000 MTPA. Polymer Composites & Masterbatch (PCMB) capacity expanded to 18,000 TPA, with H1 FY27 PCMB revenue tripling to ₹27 Cr from ₹8 Cr in H1 FY26. Renewable energy usage reached 40% of total power consumption in H1 FY27.
The CARE Ratings upgrade to CARE BBB; Stable and CARE A3+ indicates a reduction in credit risk for the company's long-term and short-term facilities.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results press release.
👤
Who Is Affected
All existing shareholders are affected by the company's improved financial performance, debt reduction, and strategic growth initiatives, which may impact future valuation.
🔍
Management Signal
Management intends to aggressively expand capacity, improve financial health, diversify operations, and focus on high-value products, aiming for Vision 2029 targets of ₹1,000 Cr revenue and 33%+ PAT CAGR.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results — monitor commissioning of 3,500 MTPA MRP capacity.
Updates on ₹250 crore Andhra Pradesh integrated facility investment plans.
Progress on Vision 2029 targets for revenue and profitability growth.
LOW RISK
Financial performance shows profitability growth and reduced debt, and credit rating has been upgraded.
💡 Investor Takeaway
Tinna Rubber reported strong consolidated H1 FY27 PAT of ₹38 Cr, up 60% YoY, and Q2 FY27 PAT of ₹17 Cr, up 45% YoY. Debt decreased by 9% to ₹111 Cr from ₹121 Cr in FY26, improving financial metrics and supporting planned capacity expansions.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated H1 FY27 PAT increased by 60% YoY to ₹38 Cr, demonstrating significant profitability growth for the period.
- Balance sheet strength improved with debt declining 9% to ₹111 Cr and interest coverage ratio increasing to 9.91x in H1 FY27.
📅 Company Track Record
Tinna Rubber reported standalone net profit for Q2 FY26 was up 30.17% YoY to Rs. 1,606.07 lakhs. The current H1 FY27 and Q2 FY27 results show continued strong growth in profitability and revenue.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Tinna Rubber's consolidated PAT for H1 FY27?
Tinna Rubber and Infrastructure Limited reported a consolidated PAT of ₹38 Cr for H1 FY27, representing a 60% YoY increase.
What was Tinna Rubber's consolidated revenue for Q2 FY27?
Consolidated revenue for Q2 FY27 was ₹157 Cr, marking a 31% YoY growth for Tinna Rubber and Infrastructure Limited.
How did Tinna Rubber's debt change in H1 FY27?
In H1 FY27, Tinna Rubber's debt declined by 9% to ₹111 Cr from ₹121 Cr in FY26.
What is the status of Tinna Rubber's MRP capacity expansion?
The ongoing 3,500 MTPA MRP capacity expansion is progressing as planned and will be commissioned by Q3 FY27, increasing total MRP capacity to 20,000 MTPA.
What credit rating upgrades did Tinna Rubber receive?
CARE Ratings upgraded Tinna Rubber's credit ratings to CARE BBB; Stable for long-term facilities and CARE A3+ for short-term facilities.
Questions based on this BSE filing only. For information purposes.