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Tolins Tyres Ltd Fundamentals

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Market Cap

641.62 Cr.

Face value

5.00

Book value

82.11

Div. yield

0.000

P/E ratio

16.59

P/B ratio

1.98

Debt/Eq.

0.78

Market Cap

641.62 Cr.

Face value

5.00

Book value

82.11

Div. yield

0.00%

P/E ratio

16.59

P/B ratio

1.98

Debt/Eq.

0.78
About Tolins Tyres Ltd
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Tolins Tyres Limited was incorporated in the name and style of ‘Tolins Tyres Private Limited’ and a certificate of incorporation was issued on July 10, 2003 by the Registrar of Companies, Kerala. Subsequently, upon the conversion of the Company into  Read more ▾

IndustryTyres & Allied
SectorAutomobile & Ancillaries
Top subsidiaries-
MANAGEMENT
Non Executive DirectorSankar Parameswara Panicker
Managing DirectorKalamparambil Varkey Tolin
Non Executive DirectorJoseph PM
Non Executive DirectorSankarakrishnan Ramalingam
Company SecretaryUmesh Muniraj
Non Executive DirectorJerin Tolin
Non Executive DirectorCris Anna Sojan
Whole Time DirectorSankarakrishnan Ramalingam
Chairman & Managing DirectorKalamparambil Varkey Tolin
Chairman & Managing DirectorKalamparambil Varkey Tolin
Non Independent & Non Executive DirectorJerin Tolin
Non Executive Independent DirectorJoseph PM
Non Executive Independent DirectorSankar Parameswara Panicker
Non Executive Independent DirectorCris Anna Sojan
Company Secretary & Compliance OfficerUmesh Muniraj
Other detail of Tolins Tyres Ltd
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location
AddressNo. 1/47, M C Road Kalady Ernakulam ,Aluva ,Kerala-683574.
phone
Telephone7259287215
MORE DETAILS
NSE Code25262
NSE SymbolTOLINS
SeriesEQ
ISININE0RWQ01014
Tolins Tyres Limited was incorporated in the name and style of ‘Tolins Tyres Private Limited’ and a certificate of incorporation was issued on July 10, 2003 by the Registrar of Companies, Kerala. Subsequently, upon the conversion of the Company into a public limited company, pursuant a special resolution passed by its Shareholders on January 1, 2024, the name of the Company was changed to ‘Tolins Tyres Limited’ and a fresh certificate of incorporation dated January 26, 2024 was issued by the Registrar of Companies, Ernakulam, Kerala.The company is one of the leading players in the industry with all India presence with a diverse product range. It is one of the companies that are present in both verticals -manufacturing of new tyres and tread rubber. The company has established itself as a major tyre retreading solutions provider across India and exported to many foreign countries, including the Middle East, East Africa, Jordan, Kenya and Egypt. The major products of the company include two-wheeler, three-wheelers, light commercial vehicle and agricultural tyres, precured tread rubber and other accessories including bonding gum, tyre flap, vulcanizing solutions, etc.The company is primarily engaged in manufacturing of bias tyres for comprehensive array of vehicles (including light commercial, agricultural and two/three-wheeler vehicles) and Precured tread rubber and is also involved in manufacturing of ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes. It commenced operations in 1982 as a proprietorship concern for manufacture of tread rubber. It incorporated this Company in the year 2003 and commenced production and sales in the year 2005 and since then have been one of the players for retreading products manufacturing owing to its excellence and innovation in the industry. Under the ‘Tolins Tyres’ brand, it markets and sells tyres for use in light commercial vehicles, agricultural vehicles and two/three-wheeler vehicles, primarily in India and export to the Middle East, the ASEAN region, and Africa.Business area of the companyThe company is primarily engaged in manufacturing of bias tyres for vehicles (including LCV, agricultural and two/three-wheeler vehicles) and precured tread rubber. It also manufactures ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.Products of the companyLight Commercial Vehicle (LCV) tyresOff the Road/Agriculture (OTR) tyresTwo-wheeler Three-wheeler TyresTyre Tubes Tyre FlapsPrecured Tread Rubber (PCTR)Conventional Tread RubberBonding GumVulcanising SolutionRope Rubber OthersAwards, accreditations or recognition2010-11: Certificate of merit received from CAPEXIL, Auto Tyres and Tubes Panel.2011-12: Certificate of merit received from CAPEXIL, Auto Tyres and Tubes Panel.2013-14: Certificate of merit received from CAPEXIL, Auto Tyres and Tubes PanelMcMillan Woods Global Awards for recognition of international export.2016-17: Export Merit Award for excellence in export of tyres, precured tread rubber flap etc. by All India Rubber Industries Association (AIRIA).2021-22: Certificate for recognition of export achievement in respect of rubber, plates, sheets, auto tyres, received from CAPEXIL, sponsored by Ministry of Commerce Industry, Government of India.2022-23: Achievement award received from Press Club Kalady.History and milestones2003: Incorporated as a private limited company.2005: Commencement of precured tread rubber production2007: First Capexil Export Award received from Government of India.2008: Executed Company’s first direct export order bill of lading.2008: Started manufacturing tyres for light commercial vehicles.2011: Company accredited by Standards Organisation of Nigeria (SONCAP)-A product certification for exporting to Nigeria.2012: Received certificate from U.S. Department of Transportation for meeting requirements of its federal system standards.2015: Started manufacturing of tyres for two/three wheelers.2016: Secured Bureau of Indian Standards Certification for two three-wheeler.2017: Secured Bureau of Indian Standards Certification for light commercial vehicle tyres.2018: Started sales depot in Pune (Maharashtra).2019: Started sales depot in Kerala.2021: Started sales depot in Vijayawada (Andhra Pradesh), Delhi, Raipur (Chhattisgarh) and Guwahati (Assam).2020-2022: Acquired plant machinery in tranches to expand capacityof TTL Facility.2023: Integrated the acquired machinery with the existing TTL Facility to increase the manufacturing capacity to 5,000 tyres/day.2023: Acquired two wholly owned subsidiaries, namely Tolin RubbersPrivate Limited having its registered office in Kerala, Kalady and Tolins Tyres LLC (One Person) having its registered office in Ras-Al-Khaimah,UAE viderespective share purchase agreements.2023: Geographical penetration of its products to Middle East Africa Region2023: Received E 32 certification mark from Road Traffic Safety Directorate, Europe for meeting its safety and performance standards.2023: Conversion from private limited to public limited company and consequent change of name from ‘Tolins Tyres Private Limited’ to ‘Tolins Tyres Limited’.
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