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Earnings · Recycling · Small cap

Tinna Rubber posts 26% profit jump on 5.6% revenue growth

Standalone profit rose to ₹53.24 crore for FY26. The board also greenlit a ₹15 crore bet on a South African joint venture.

3 earlier stories on Tinna Rubber And Infrastructure Ltd.
Mkt cap₹1,625 cr
P/E30.75×
ROE27.14%
Debt / eq.0.75
Div yld0.37%
26% Year-on-year growth in standalone profit after tax for FY26.

What's new

  • FY26 standalone revenue grew 5.6% YoY to ₹533.23 crore; PAT rose 26% to ₹53.24 crore.
  • Board recommended a final dividend of ₹3.25 per share.
  • Approved an additional ₹15 crore investment in its South African JV.

Why this matters

A 26% profit jump on 5.6% revenue growth signals improving profitability. The ₹15 crore commitment is the company's first disclosed step into an overseas venture.

What we're watching

  • How the South African JV investment is deployed and what revenue it generates.
  • Whether the profitability leap holds if input costs rise.
  • Any follow-up on the JV partner's identity and structure.

The full read

Tinna Rubber posted standalone revenue of ₹533.23 crore for FY26, up 5.6% year-on-year. The profit figure is the headline: ₹53.24 crore, a 26% jump. That gap between revenue growth and profit growth is the core story. It means the company kept more of each rupee it earned. The board signed off on a final dividend of ₹3.25 per share. It also approved an additional ₹15 crore investment in a South African joint venture. The rationale gives no context on the partner or the venture's commercial logic. For a micro-cap, the profit performance is solid. The JV commitment is a small, early-stage bet whose terms remain opaque.

Questions answered

Why did profit grow so much faster than revenue?
PAT grew 26% while revenue rose only 5.6%. The gap signals better cost control or a richer product mix. The filing does not break out operating margins.
What do we know about the South African JV?
The board approved an additional ₹15 crore investment. The rationale provides no details on the partner, the venture's scope, or how the money will be used.
Is this a typical annual results filing?
Yes. The rationale describes it as a routine quarterly and annual results announcement, widely anticipated, with no material surprise beyond the disclosed numbers.
What is the dividend per share?
The board recommended a final dividend of ₹3.25 per share, which is 32.5% of the face value. The total cash payout is not stated.
Mentioned: Tinna Rubber and Infrastructure Ltd · South African JV · ₹15 cr additional investment
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Tinna Rubber And Infrastructure Ltd.

Recycling
₹1,420 cr
P/E 26.88×

Latest quarter · Mar 2026

Sales₹157 cr
Net profit₹17 cr
Op. margin+18.2%
EPS₹9.18

Strength & growth

Debt / equity0.75×
Current ratio1.13×
Sales CAGR+18.6%
EPS CAGR+38.9%
  1. 22 May 2026 · 5:03 PM IST Tinna Rubber posts 26% profit jump on 5.6% revenue growth
  2. today Tinna Rubber dispatches first batch from new Varale plant
  3. 28d ago Tinna Rubber pushes ₹1,000 cr revenue target to FY29, delays South Africa JV
  4. 31d ago Tinna Rubber's profit climbs 26% on ₹533 cr revenue