Innovative Tyres
: ITTL · Tyres & Rubber Products
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Snapshot
Unlock Innovative Tyres's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Innovative Tyres and Tubes Ltd is an Indian manufacturer specialising in the production and export of bias tyres. The company serves diverse segments including truck and bus, agricultural, OTR, and motorcycle and three-wheeler markets.
Business Model
The company generates revenue through the manufacturing and sale of tyres and tubes, alongside providing job work services for third-party clients. It maintains a significant international presence, exporting products to over 40 countries.
- Export reach:40+ countries
Growth Outlook
Growth is driven by the company's established export network and its ability to cater to multiple vehicle segments. Continued expansion in international markets remains a key focus for the business.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact manufacturing margins.
- Geopolitical and Trade Risks. As an export-oriented company, ITTL is vulnerable to changes in international trade policies and geopolitical instability in its target markets.
- Intense Competition. The tyre industry is highly competitive, with pressure from both domestic players and low-cost international imports.
- Currency Fluctuation. Significant exposure to international markets subjects the company to risks associated with foreign exchange rate volatility.
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Peers · Tyres & Rubber Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Innovative TyresITTL | ₹64 Cr | — | — | — | 3.8% | — | — | -49.5% |
JK Tyre & Industries Ltd.JKTYRE | ₹10,962 Cr | 16.41 | 8.00 | 9.9% | 11.8% | 12.0% | 13.5% | +18.5% |
TVS Srichakra LimitedTVSSRICHAK | ₹4,052 Cr | 43.87 | 14.16 | 18.6% | 8.7% | 7.8% | 10.7% | +86.4% |
Goodyear India LimitedGOODYEAR | ₹1,730 Cr | 28.12 | 9.52 | -5.1% | 6.4% | 10.2% | 13.3% | -23.5% |
Megamont LimitedVRWODAR | ₹442 Cr | 328.30 | 407.95 | — | — | -101.2% | -49.1% | +205.4% |
Tolins TyresTOLINS | ₹375 Cr | 11.57 | 8.38 | 3.5% | 14.4% | 9.5% | 12.1% | -38.0% |
As of Mar 2026
Financials
Innovative Tyres
: ITTL · Tyres & Rubber Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Innovative Tyres's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Innovative Tyres and Tubes Ltd is an Indian manufacturer specialising in the production and export of bias tyres. The company serves diverse segments including truck and bus, agricultural, OTR, and motorcycle and three-wheeler markets.
Business Model
The company generates revenue through the manufacturing and sale of tyres and tubes, alongside providing job work services for third-party clients. It maintains a significant international presence, exporting products to over 40 countries.
- Export reach:40+ countries
Growth Outlook
Growth is driven by the company's established export network and its ability to cater to multiple vehicle segments. Continued expansion in international markets remains a key focus for the business.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact manufacturing margins.
- Geopolitical and Trade Risks. As an export-oriented company, ITTL is vulnerable to changes in international trade policies and geopolitical instability in its target markets.
- Intense Competition. The tyre industry is highly competitive, with pressure from both domestic players and low-cost international imports.
- Currency Fluctuation. Significant exposure to international markets subjects the company to risks associated with foreign exchange rate volatility.
Start your research today
Unlock AI insights, financials, peers and live data on Innovative Tyres and 5,000+ companies — free.
Peers · Tyres & Rubber Products
As of Mar 2026