Type of Event: Q1 FY27 Earnings Conference Call and investor interaction.

Date and Time: The call was held on Wednesday, July 22, 2026. A specific time and time zone were not disclosed in the provided transcript.

Purpose: To discuss the financial and operational performance for the first quarter and three-month period ended June 30, 2026 (Q1-3MFY27).

Management Participants:

  • Mr. Gaurav Sekhri – Joint Managing Director
  • Mr. Subodh Kumar Sharma – Whole Time Director and Chief Operating Officer
  • Mr. Abhay Kumar – Chief Financial Officer

The meeting was moderated by Ms. Sana Kapoor from Go India Advisors.

Availability of Materials: The earnings presentation and financial results were referenced as being available on the company's website and stock exchanges. The transcript of the call is available on the company's website at the provided link: https://tinna.in/wp-content/uploads/2026/07/Earning-call-Transcript-July-2026.pdf.

UPSI Statement: The moderator's opening remarks included a standard caution that the discussion may include forward-looking statements, which must be viewed in conjunction with the risks the company faces. There was no explicit statement that no Unpublished Price Sensitive Information (UPSI) would be shared.

Financial Period Discussed: The call focused on Q1 FY27 (period ended June 30, 2026).

Forward-Looking Statements & Strategic Themes:

  • Financial Guidance: Revenue target of INR 670-700 crores for FY27. Aspiration to maintain EBITDA margins between 18-20% for the year, despite achieving 22% in Q1.
  • Vision 2029: Target to achieve INR 1,000 crores revenue by FY29, with a 25%+ revenue CAGR, 33%+ profitability CAGR, EBITDA margins over 18%, and ROCE exceeding 30%.
  • Capacity Expansion: Tire crushing capacity to be increased by 27% to 235,000 tons per annum by FY27. A 3,500 MTPA MRP capacity expansion is on track for commissioning by Q3 FY27, taking total MRP capacity to 20,000 TPA.
  • Project Updates: Tyre Pyrolysis Oil (TPO) facility at Varle commenced trials in Q1 FY27, with commercial sales expected in Q2 and stabilization in Q3. rCB production is scheduled to commence in Q3, with commercial sales by Q4.
  • Global Expansion: Updates were provided on subsidiaries in Oman, South Africa, Chile, and Saudi Arabia. A new wholly-owned subsidiary, Tinna Rubber Chile SPA, has been established.
  • Capex: INR 27 crores of capex executed in Q1 FY27 as part of a broader ~INR 100 crore plan across FY27 and FY28.

Additional Notes Section

Attachments: The regulatory filing intimates that the transcript of the call was enclosed and is available on the company website.

Financial Data Disclosure: The announcement itself did not contain financial figures; it was an intimation of the availability of the call transcript. The transcript, however, contained detailed financial and operational data discussed during the call.

Operational Highlights from Transcript:

  • Record Profitability: Consolidated EBITDA exceeded INR 30 crore, PAT surpassed INR 20 crore, with EBITDA margins >21% and PAT margins >13%.
  • Segment Performance: Industrial segment revenue grew 58% YoY. Infrastructure segment revenue grew 7% YoY. PCMB division revenue grew threefold to INR 12 crores. Exports volume grew 46% YoY.
  • EPR Credits: Accrued EPR credits up to March 31, 2026, were fully monetized in Q1 FY27 (~1 lakh units at ~INR 2,500/unit, totaling ~INR 25 crores). This was a conversion of inventory to cash, with the P&L impact taken in previous periods.
  • Renewable Energy: Contribution increased to 51% of total power production in Q1 FY27.
  • Working Capital: Blended working capital days reported at 50, consistent over the last 2-3 years.

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