TINNARUBR NSE filing

Tinna Rubber Q2 FY27 Investor Presentation: Revenue Up 31%, EBITDA Up 37% YoY

The RealCase readHigh impact Positive

Tinna Rubber's Q2 FY27 results show consolidated revenue grew 31% YoY to ₹157 crore, with EBITDA up 37% to ₹29 crore and PAT up 45% to ₹17 crore. H1FY27 consolidated EBITDA was ₹63 crore and PAT was ₹38 crore. The company is expanding MRP capacity, commenced TPO sales, and plans a ₹250 crore integrated recycling facility.

Why it matters

The report includes significant financial performance improvements, strategic expansion plans (new facility, capacity expansion), credit rating upgrade, and operational advancements, all of which have a substantial impact on the company's valuation and future prospects.

The market read

The announcement details strong year-on-year growth in revenue, EBITDA, and PAT for Q2 and H1 FY27, along with improvements in financial ratios and strategic expansion plans, indicating positive performance and future outlook.

Tinna Rubber and Infrastructure Limited has released its Investor & Earnings Presentation for the second quarter and half-year ended September 30, 2026 (Q2 - H1 FY27). The presentation details the company's financial and operational performance.

Consolidated Q2FY27 revenue, EBITDA, and PAT saw significant year-on-year growth of 31%, 37%, and 45%, respectively. EBITDA margins were above 18% and PAT margins above 10%. The company achieved record H1 profitability on both standalone and consolidated bases. Standalone EBITDA exceeded ₹61 crore and PAT crossed ₹36 crore, while consolidated EBITDA surpassed ₹63 crore and PAT reached ₹38 crore. Renewable energy initiatives contributed savings of ₹2.37 crore in H1FY27. The balance sheet strength improved, with debt declining by 9% to ₹111 crore from ₹121 crore in FY26. The interest coverage ratio increased to 9.91x and the net debt-to-equity ratio improved to 0.32x in H1FY27.

Operationally, tyre crushing volumes grew by 30% YoY to 86,000 TPA in H1 FY27. Production volumes of Micronized Rubber Powder (MRP) and Reclaimed Rubber (RR) grew by 19% YoY. A 3,500 MTPA MRP capacity expansion is on track for commissioning by Q3 FY27. The Tyre Pyrolysis Oil (TPO) facility commenced commercial sales in Q2 FY27, with Recovered Carbon Black (rCB) production scheduled for Q3 FY27. The Polymer Composite & Masterbatch (PCMB) business, with an additional 12,000 TPA capacity commissioned in Q1FY27, is expected to contribute around 10% to FY27 revenue.

Strategically, Tinna established a wholly-owned subsidiary, Tinna Rubber Chile SpA. CARE Ratings upgraded Tinna’s credit ratings to CARE BBB with a “Stable” outlook. The company has planned capex of up to ₹250 crore over the next three years to develop an integrated recycling facility in Andhra Pradesh, envisioned to be one of the largest of its kind in Asia. An R&D allocation of ₹5 crore for FY27 is planned to focus on new-generation recycled rubber materials and engineered plastics.

Filing to action

What to do with a filing like this

Tinna Rubber and Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Tinna Rubber and Infrastructure Limited. Read the original for the full detail.

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