Innovative Tyres & Tubes Limited

Innovative Tyres & Tubes Limited (ITTL) is a micro-cap Automobile and Auto Components company valued at ₹61 crore operating in Tyres & Rubber Products on the NSE and BSE.

Recent price move

Innovative Tyres & Tubes Limited last traded at ₹61.3, unchanged on the day.

Financial performance

The company's business has improved significantly, with annual revenue rising 82.5% to ₹85 crore, while net profit turned from a ₹16 crore loss to a ₹2 crore loss. The latest quarter saw revenue grow 73.3% to ₹47 crore, and the net loss narrowed from ₹7 crore to ₹0 crore.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at -2.57 times book value.

Things to watch

The company remains unprofitable, with a net loss of ₹2 crore in the latest fiscal year. The net profit margin improved from -34.2% to -2.2%, but the return on capital employed is very low at 0.7%. The stock is 52.9% below its 52-week high.

Where it stands

Innovative Tyres and Tubes Ltd has seen strong revenue growth, with annual revenue up 82.5% and the latest quarter revenue rising 73.3%. However, the company still reports a net loss of ₹2 crore. The stock is 52.9% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.