Emerald Tyre Manufacturers Key Ratios
NSE: ETML
₹81.95
As on 04-Sep-2026 15:32IST
Market cap
₹160 Cr
Revenue (TTM)
₹199 Cr
P/E Ratio
15.5
P/B Ratio
1.5
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 16.66 | 14.28 | -- |
| EBIT | -- | -- | -9.60 | 19.96 | -- |
| Net Profit | -- | -- | -10.72 | 29.12 | -- |
| EPS | -- | -- | -33.58 | 15.42 | -- |
| Book Value | -- | -- | 50.20 | 36.47 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 11.49 | -- | 10.57 | 13.64 | 10.27 |
| Net Margin
| 5.75 | -- | 5.15 | 6.80 | 5.32 |
| Return on equity
| 21.83 | -- | 12.77 | 25.65 | 27.07 |
| Return on Capital
| 17.09 | -- | 14.30 | 18.48 | 18.50 |
| Return on Assets
| 6.18 | -- | 5.08 | 7.22 | 6.26 |
| Debt to Equity (x)
| -- | -- | 0.81 | 1.61 | 2.29 |
Profitability
ROCE
14.30
Lower than Peers by 3.68
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
14.30
|
18.48
|
18.50
|
13.63
|
4.71
|
|
Peer Median
|
17.98
|
10.73
|
7.34
|
13.13
|
--
|
ROE
12.77
Lower than Peers by 3.29
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
12.77
|
25.65
|
27.07
|
19.22
|
-15.40
|
|
Peer Median
|
16.05
|
8.50
|
5.51
|
11.35
|
--
|
ROA
5.08
Lower than Peers by 1.28
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
5.08
|
7.22
|
6.26
|
3.92
|
-2.96
|
|
Peer Median
|
6.36
|
3.24
|
2.22
|
4.84
|
--
|
EBIT Margin
10.57
Higher than Peers by 2.80
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
10.57
|
13.64
|
10.27
|
9.14
|
3.40
|
|
Peer Median
|
7.77
|
10.94
|
4.33
|
8.44
|
--
|
Net Margin
5.15
Lower than Peers by 0.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
5.15
|
6.80
|
5.32
|
3.60
|
-3.75
|
|
Peer Median
|
5.39
|
3.31
|
3.03
|
4.49
|
--
|
Cash Profit Margin
8.18
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
8.18
|
10.07
|
8.01
|
6.21
|
0.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
16.66
Higher than Peers by 5.99
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
16.66
|
4.30
|
22.67
|
54.24
|
--
|
|
Peer Median
|
10.67
|
2.44
|
20.85
|
38.04
|
--
|
EBIT Growth
-9.60
Higher than Peers by 20.58
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-9.60
|
38.57
|
37.80
|
315.13
|
--
|
|
Peer Median
|
-30.19
|
56.74
|
-37.74
|
154.31
|
--
|
Net Profit Growth
-10.72
Higher than Peers by 24.18
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-10.72
|
30.89
|
84.24
|
246.73
|
--
|
|
Peer Median
|
-34.90
|
64.64
|
-45.77
|
138.86
|
--
|
EPS Growth
-33.58
Lower than Peers by 3.61
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-33.58
|
18.52
|
95.31
|
208.11
|
--
|
|
Peer Median
|
-29.97
|
75.00
|
-39.84
|
138.64
|
--
|
Book Value Growth
101.88
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
101.88
|
46.40
|
27.66
|
35.08
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.81
Higher than Peers by 0.46
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.81
|
1.61
|
2.29
|
2.59
|
2.43
|
|
Peer Median
|
0.35
|
0.44
|
0.53
|
0.34
|
--
|
Short term debt to equity ratio
0.49
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.49
|
0.86
|
1.04
|
1.14
|
1.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.28
Higher than Peers by 0.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.28
|
1.18
|
1.15
|
1.20
|
1.26
|
|
Peer Median
|
1.27
|
1.11
|
1.20
|
1.19
|
--
|
Quick Ratio
0.65
Lower than Peers by 0.11
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.65
|
0.55
|
0.47
|
0.52
|
0.51
|
|
Peer Median
|
0.76
|
0.73
|
0.53
|
0.51
|
--
|
Interest Coverage
2.42
Lower than Peers by 3.40
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
2.42
|
2.56
|
2.35
|
1.95
|
0.61
|
|
Peer Median
|
5.82
|
3.59
|
2.82
|
3.71
|
--
|
Operating Efficiency
Debtors to sales
22.61
Higher than Peers by 10.63
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
22.61
|
23.65
|
19.90
|
21.75
|
24.26
|
|
Peer Median
|
11.97
|
10.74
|
12.23
|
12.70
|
--
|
Asset Turnover
0.97
Lower than Peers by 0.06
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.97
|
1.06
|
1.15
|
1.08
|
0.78
|
|
Peer Median
|
1.03
|
1.13
|
1.14
|
1.05
|
--
|
Receivable days
78.25
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
78.25
|
77.98
|
68.67
|
68.39
|
88.54
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
114.41
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
114.41
|
121.19
|
117.15
|
129.51
|
188.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
80.10
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
80.10
|
75.20
|
62.86
|
62.44
|
91.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
112.56
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
112.56
|
123.97
|
122.96
|
135.47
|
185.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.26
Lower than Peers by 12.36
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
19.26
|
--
|
--
|
--
|
--
|
|
Peer Median
|
31.63
|
25.65
|
29.32
|
14.09
|
--
|
Price / Book Value
1.84
Lower than Peers by 1.49
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.84
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.33
|
2.89
|
2.34
|
1.65
|
--
|
Dividend Yield
0.97
Higher than Peers by 0.16
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.97
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.81
|
1.13
|
0.81
|
1.50
|
--
|
EV/EBITDA
9.09
Lower than Peers by 7.96
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
9.09
|
3.28
|
3.56
|
4.79
|
9.14
|
|
Peer Median
|
17.05
|
24.24
|
27.12
|
11.10
|
--
|
Market Cap
201
Lower than Peers by 14,748
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
201
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14,949
|
10,355
|
6,639
|
4,175
|
--
|