Key Financial Figures - Standalone (All amounts in ₹ Millions)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations: ₹573.18 (vs ₹445.99 in Q2 FY26) - 28.5% increase
  • Total Income: ₹575.12 (vs ₹453.33 in Q2 FY26)
  • Profit Before Tax: ₹59.62 (vs ₹29.97 in Q2 FY26) - 98.9% increase
  • Profit After Tax: ₹43.71 (vs ₹22.81 in Q2 FY26) - 91.6% increase
  • Basic EPS: ₹1.11 (vs ₹0.58 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from Operations: ₹1,028.27 (vs ₹1,078.91 in H1 FY26) - 4.7% decrease
  • Total Income: ₹1,031.31 (vs ₹1,093.44 in H1 FY26)
  • Profit Before Tax: ₹101.22 (vs ₹94.23 in H1 FY26) - 7.4% increase
  • Profit After Tax: ₹74.87 (vs ₹71.01 in H1 FY26) - 5.4% increase
  • Basic EPS: ₹1.90 (vs ₹1.80 in H1 FY26)

Tax Expense:

  • Q2 FY27 Current Tax: ₹15.75
  • Q2 FY27 Deferred Tax: ₹0.16
  • H1 FY27 Total Tax: ₹26.35

Key Financial Figures - Consolidated (All amounts in ₹ Millions)

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Revenue from Operations: ₹947.18 (vs ₹661.03 in Q2 FY26) - 43.3% increase
  • Total Income: ₹951.62 (vs ₹668.49 in Q2 FY26)
  • Profit Before Tax: ₹86.13 (vs ₹81.57 in Q2 FY26) - 5.6% increase
  • Profit After Tax: ₹64.97 (vs ₹69.52 in Q2 FY26) - 6.5% decrease
  • Basic EPS: ₹1.64 (vs ₹1.76 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Revenue from Operations: ₹1,739.84 (vs ₹1,558.46 in H1 FY26) - 11.6% increase
  • Total Income: ₹1,746.69 (vs ₹1,573.27 in H1 FY26)
  • Profit Before Tax: ₹164.93 (vs ₹209.03 in H1 FY26) - 21.1% decrease
  • Profit After Tax: ₹126.87 (vs ₹162.56 in H1 FY26) - 22.0% decrease
  • Basic EPS: ₹3.21 (vs ₹4.11 in H1 FY26)

Tax Expense:

  • Q2 FY27 Current Tax: ₹19.89
  • Q2 FY27 Deferred Tax: ₹0.14
  • Q2 FY27 Prior Period Tax: ₹1.13
  • H1 FY27 Total Tax: ₹38.06

Subsidiary Investments

  • The Company has investments in three wholly-owned subsidiaries: Tolin Rubbers Private Limited, Tolins Tyres LLC (One Person Company, UAE), and Terra Rubber Private Limited (acquired in October 2025).
  • During the quarter, the Company made an additional equity investment of ₹1.32 crore in Terra Rubber Private Limited.
  • The Company continues to retain 100% holding in all three subsidiaries.

Segment Information - Consolidated

  • India Segment Revenue: ₹845.35 million in Q2 FY27 (₹692.77 million in Q1 FY27)
  • UAE Segment Revenue (Tolins Tyres LLC): ₹101.83 million in Q2 FY27 (₹99.89 million in Q1 FY27)
  • India Segment Results: ₹73.88 million profit in Q2 FY27
  • UAE Segment Results: ₹15.65 million profit in Q2 FY27

Key Ratios - Standalone

  • Current Ratio: 12.83 times (as of September 30, 2026)
  • Debt-Equity Ratio: 0.01 times
  • Return on Equity: 1.38% (Q2 FY27)
  • Net Profit Margin: 7.63% (Q2 FY27)
  • Inventory Turnover: 0.43 times (211.90 days)
  • Trade Receivables Turnover: 0.48 times (193.38 days)

Key Ratios - Consolidated

  • Current Ratio: 7.08 times (as of September 30, 2026)
  • Debt-Equity Ratio: 0.04 times
  • Return on Equity: 1.74% (Q2 FY27)
  • Net Profit Margin: 6.86% (Q2 FY27)
  • Inventory Turnover: 0.46 times (201.38 days)
  • Trade Receivables Turnover: 0.57 times (161.09 days)

Assets and Liabilities Position - Standalone (as of September 30, 2026)

  • Total Assets: ₹3,365.05 million
  • Current Assets: ₹2,415.49 million (including Inventories: ₹1,138.25 million, Trade Receivables: ₹1,204.81 million)
  • Total Equity: ₹3,164.93 million
  • Current Liabilities: ₹188.21 million

Assets and Liabilities Position - Consolidated (as of September 30, 2026)

  • Total Assets: ₹4,266.01 million
  • Current Assets: ₹3,617.45 million (including Inventories: ₹1,788.53 million, Trade Receivables: ₹1,658.53 million)
  • Total Equity: ₹3,741.68 million
  • Current Liabilities: ₹510.93 million

Auditor Review

The Unaudited Financial Results were reviewed by the statutory auditors, P.T. Joseph & Co., Chartered Accountants, who issued an unmodified review report dated November 14, 2026.