Tinna Rubber sets ambitious revenue goal of INR 1,000 crore by 2029, with an aim for a 30% return on capital employed (ROCE). The company intends to invest INR 100 crore in capital expenditure to help achieve these targets.
Tinna Rubber and Infrastructure Limited
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Tinna Rubber adjusts their joint venture investment down to INR 15 crores, a decrease from the initial INR 50 crores. This change offers a clearer financial picture for all involved parties.
Tinna Rubber achieved a robust quarterly revenue of INR 157 crores in the fourth quarter of fiscal year 2026, boasting an impressive 11% EBITDA margin. Notably, tire processing volumes have hit a record high, suggesting strong production capacity utilization.
Bhupinder Kumar Sekhri has transferred a significant portion (30%) of Tinna Rubber shares to the Sekhri Family Annuity Trust, marking a change in ownership. The Securities and Exchange Board of India (SEBI) has granted an exemption for this family succession transfer, which is non-commercial in nature and won't impact public shareholders.