Tolins Tyres Announces Consolidated Financial Results and Updates Key Operational Appointments

Tolins Tyres Announces Consolidated Financial Results and Updates Key Operational Appointments

Tolins Tyres Announces Consolidated Financial Results and Updates Key Operational Appointments​

Tolins Tyres Limited, a leading manufacturer and trader of tires and allied rubber products, announced its financial results and operational updates following its Board of Directors meeting on May 28, 2026. The company released audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, along with details regarding the appointment of statutory auditors.

Financial Performance Overview​

The company provided financial statements for the Standalone and Consolidated levels.

Audited Standalone Financial Results

The Standalone Statement of Financial Results for the quarter and year ended March 31, 2026, reported the following key figures (All amounts in Rs. in Millions):

ParticularsQuarter Ended 31 March 2026 (Audited)Year Ended 31 March 2026 (Audited)
Revenue From Operations455.672,213.74
Total Income459.042,232.54
Total Expenses419.812,027.93
Profit / (Loss) before tax39.23204.61
Profit / (Loss) after tax for the period26.66150.42
Total Comprehensive Income for the period26.69151.19
Earnings per equity share (Basic, ₹ 5 each)0.673.81

Audited Consolidated Financial Results

The Group's consolidated financial performance showed an increase in both revenue and profits over the year.

ParticularsQuarter Ended 31 March 2026 (Audited)Year Ended 31 March 2026 (Audited)
Revenue From Operations779.883,271.19
Total Income789.233,299.20
Total Expenses679.222,853.08
Profit / (Loss) before tax110.01446.12
Profit / (Loss) after tax for the period89.38356.85
Total Comprehensive Income for the period97.23368.13

Consolidated Balance Sheet Summary (Rs. in Millions)

ParticularsAs at 31 March 2026 (Audited)As at 31 March 2025 (Audited)
Total Assets3,925.523,697.53
Total Equity3,612.423,244.25
Total Liabilities3,925.523,697.53

The Consolidated Balance Sheet details showed Total Assets rising to 3,925.52 Rs. Million, compared to 3,697.53 Rs. Million in the previous year.

Consolidated Cash Flow Statement (Rs. in Millions)

The cash flow data for the year ended March 31, 2026, indicates the following net cash generation:

ParticularsFor the Year Ended 31 March 2026For the Year Ended 31 March 2025
Cash generated from operations(308.46)(487.99)
Net cash out flow from investing activities236.88(284.02)
Net cash (Out flow) / Inflow from financing activities(76.93)1,171.43
Cash and cash equivalents at the end of the year44.15281.93

Key Corporate and Operational Approvals​

During the meeting, the Board of Directors approved several key corporate functions and updates:

1. Auditor Appointments:
* Internal Auditors: M/s. Joseph Cyriac & Company, Chartered Accountants, were appointed as the Internal Auditors for the Financial Year 2026-27.
* Cost Auditors: M/s. BBS & Associates, Cost Accountants, were appointed as the Cost Auditors for the Financial Year 2026-27.
2. Policy Update: The Board reviewed and updated the Policy on materiality of Related Party Transactions.

Key Financial Ratios​

The company provided key consolidated ratios for comparative analysis:

Ratio31 March 202631 December 202531 March 202531 March 202631 March 2025
Current Ratio (Times)10.9313.026.979.386.97
Debt-Equity Ratio (Times)0.030.020.050.030.05
DSCR (Times)1.658.423.255.420.70
ROE (Ratio)0.02470.02980.02860.09880.1192
Inventory Turnover Ratio (Days)250.75223.26143.60216.67167.10
Trade Receivables Turnover Ratio (Days)148.27118.95132.89143.36128.13
Trade Payables Turnover Ratio (Days)13.4619.8328.7611.0221.12
Net Profit Ratio (%)11.46%11.25%13.35%10.91%13.23%
ROCE (Ratio %)2.84%3.72%3.87%12.03%16.15%

The analysis of the Key Consolidated Ratios highlights the company’s current status, noting improvements in the current ratio and maintaining a low group debt-equity ratio of 0.03.

TOLINS Stock Price Movement​

On Wednesday, Tolins Tyres Limited shares rallied, settling at ₹120.54 after climbing 6.73%. The equity saw significant interest, trading on a volume of 389,527 shares during the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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