Tolins Tyres Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27) pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance Highlights
Revenue from Operations: ₹79.27 crore in Q1 FY27, compared to ₹89.74 crore in Q1 FY26 (11.67% decline) and ₹77.99 crore in Q4 FY26.
EBITDA (Excluding Other Income): ₹8.91 crore in Q1 FY27, compared to ₹13.44 crore in Q1 FY26 and ₹11.22 crore in Q4 FY26.
EBITDA Margin: 11.24% in Q1 FY27, compared to 14.97% in Q1 FY26 and 14.39% in Q4 FY26.
Profit After Tax (PAT): ₹6.19 crore in Q1 FY27, compared to ₹9.30 crore in Q1 FY26 (33.47% decline) and ₹8.94 crore in Q4 FY26.
PAT Margin: 7.81% in Q1 FY27, compared to 10.37% in Q1 FY26 and 11.46% in Q4 FY26.
Earnings Per Share (EPS): ₹1.57 in Q1 FY27, compared to ₹2.48 in Q1 FY26 and ₹2.26 in Q4 FY26.
Operational Highlights
Geographic Revenue Breakdown: India operations contributed approximately 87% (₹69.28 crore) of consolidated operational revenue, while UAE operations contributed approximately 13% (₹9.99 crore) during Q1 FY27.
Performance Challenges: Margins were impacted by a dynamic operating environment, raw material cost movements, and global supply-chain dynamics. UAE operations faced near-term headwinds due to the ongoing war and its impact on trade flows and logistics activity.
Management Commentary
Dr. KV Tolin, Promoter, Chairman and Managing Director, commented that despite near-term industry dynamics, the company remains positive on the underlying fundamentals of the tyre sector, supported by India's growing vehicle population, replacement demand, infrastructure development, and increasing mobility requirements.
Strategic Initiatives: The company is strengthening its focus on building a more sustainable and future-ready business through Terra Rubber, which represents an important step in creating opportunities within the circular rubber ecosystem. The planned expansion of Terra Rubber will further strengthen capabilities in this space and create an additional platform for long-term growth while supporting broader sustainability objectives.
Future Outlook: The company remains focused on strengthening market presence, enhancing operational efficiencies, developing product portfolio, and expanding capabilities across emerging opportunities. Management remains confident in the long-term growth prospects of the industry.
Company Background
Tolins Tyres, founded in 1982, specializes in retreading and tyre products including two and three-wheeler tyres, Light Commercial Vehicle (LCV) tyres, and Agriculture tyres. The company operates two manufacturing facilities in Kalady, Kerala, and has a wholly owned subsidiary, Tolins Tyres LLC, in Al Hamra Industrial Zone, Ras Al Khaimah, UAE. Products are exported to 40 countries including the Middle East, East Africa, Kenya, Jordan, and Egypt.