Emerald Tyre Manufacturers Key Ratios
NSE: ETML
₹71.95
As on 14-Oct-2026IST
Market cap
₹140 Cr
Revenue (TTM)
₹218 Cr
P/E Ratio
13.6
P/B Ratio
1.2
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 9.37 | 9.99 | 20.28 |
| EBIT | -- | -- | -2.68 | 6.83 | 47.47 |
| Net Profit | -- | -- | -1.04 | 4.96 | 38.66 |
| EPS | -- | -- | -1.04 | -7.99 | 29.52 |
| Book Value | -- | -- | 5.54 | 28.09 | 28.27 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 11.20 | 10.60 | 9.40 | 10.57 | 13.64 |
| Net Margin
| 5.51 | 5.09 | 4.59 | 5.15 | 6.80 |
| Return on equity
| 15.87 | 18.78 | 9.19 | 12.77 | 25.65 |
| Return on Capital
| 15.01 | 15.43 | 12.26 | 14.30 | 18.48 |
| Return on Assets
| 5.41 | 5.28 | 3.95 | 5.08 | 7.22 |
| Debt to Equity (x)
| -- | -- | 1.18 | 0.81 | 1.61 |
Profitability
ROCE
12.26
Lower than Peers by 2.04
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
12.26
|
14.30
|
18.48
|
18.50
|
13.63
|
|
Peer Median
|
14.30
|
17.98
|
10.73
|
7.34
|
--
|
ROE
9.19
Lower than Peers by 2.46
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
9.19
|
12.77
|
25.65
|
27.07
|
19.22
|
|
Peer Median
|
11.65
|
16.05
|
8.50
|
5.51
|
--
|
ROA
3.95
Lower than Peers by 1.16
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
3.95
|
5.08
|
7.22
|
6.26
|
3.92
|
|
Peer Median
|
5.10
|
6.36
|
3.24
|
2.22
|
--
|
EBIT Margin
9.40
Higher than Peers by 0.85
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
9.40
|
10.57
|
13.64
|
10.27
|
9.14
|
|
Peer Median
|
8.55
|
7.77
|
10.94
|
4.33
|
--
|
Net Margin
4.59
Lower than Peers by 0.14
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
4.59
|
5.15
|
6.80
|
5.32
|
3.60
|
|
Peer Median
|
4.73
|
5.39
|
3.31
|
3.03
|
--
|
Cash Profit Margin
7.93
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
7.93
|
8.18
|
10.07
|
8.01
|
6.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
9.37
Lower than Peers by 1.86
Year on year growth in net sales
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
9.37
|
16.66
|
4.30
|
22.67
|
54.24
|
|
Peer Median
|
11.23
|
10.67
|
2.44
|
20.85
|
--
|
EBIT Growth
-2.68
Lower than Peers by 34.92
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-2.68
|
-9.60
|
38.57
|
37.80
|
315.13
|
|
Peer Median
|
32.24
|
-30.19
|
56.74
|
-37.74
|
--
|
Net Profit Growth
-1.04
Lower than Peers by 35.32
Year on year growth in profit after tax
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-1.04
|
-10.72
|
30.89
|
84.24
|
246.73
|
|
Peer Median
|
34.28
|
-34.90
|
64.64
|
-45.77
|
--
|
EPS Growth
-1.04
Lower than Peers by 41.75
Year on year growth in earnings per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
-1.04
|
-33.58
|
18.52
|
95.31
|
208.11
|
|
Peer Median
|
40.71
|
-29.97
|
75.00
|
-39.84
|
--
|
Book Value Growth
5.54
--
Year on year growth in book value per share
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
5.54
|
101.88
|
46.40
|
27.66
|
35.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.18
Higher than Peers by 0.80
Total debt / Net worth
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.18
|
0.81
|
1.61
|
2.29
|
2.59
|
|
Peer Median
|
0.37
|
0.35
|
0.44
|
0.53
|
--
|
Short term debt to equity ratio
0.54
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.54
|
0.51
|
0.86
|
1.04
|
1.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.38
Higher than Peers by 0.05
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.38
|
1.28
|
1.18
|
1.15
|
1.20
|
|
Peer Median
|
1.32
|
1.27
|
1.11
|
1.20
|
--
|
Quick Ratio
0.69
Higher than Peers by 0.03
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.69
|
0.65
|
0.55
|
0.47
|
0.52
|
|
Peer Median
|
0.66
|
0.76
|
0.73
|
0.53
|
--
|
Interest Coverage
2.01
Lower than Peers by 2.12
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
2.01
|
2.42
|
2.56
|
2.35
|
1.95
|
|
Peer Median
|
4.13
|
5.82
|
3.59
|
2.82
|
--
|
Operating Efficiency
Debtors to sales
24.61
Higher than Peers by 13.51
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
24.61
|
22.61
|
23.65
|
19.90
|
21.75
|
|
Peer Median
|
11.11
|
11.97
|
10.74
|
12.23
|
--
|
Asset Turnover
0.83
Lower than Peers by 0.24
Sales / Average Total Assets
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
0.83
|
0.97
|
1.06
|
1.15
|
1.08
|
|
Peer Median
|
1.08
|
1.03
|
1.13
|
1.14
|
--
|
Receivable days
82.64
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
82.64
|
78.25
|
77.98
|
68.67
|
68.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
117.43
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
117.43
|
114.41
|
121.19
|
117.15
|
129.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
75.85
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
75.85
|
80.10
|
75.20
|
62.86
|
62.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
124.22
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
124.22
|
112.56
|
123.97
|
122.96
|
135.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
13.99
Lower than Peers by 12.35
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
13.99
|
19.26
|
--
|
--
|
--
|
|
Peer Median
|
26.34
|
31.63
|
25.65
|
29.32
|
--
|
Price / Book Value
1.25
Lower than Peers by 1.37
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.25
|
1.84
|
--
|
--
|
--
|
|
Peer Median
|
2.62
|
3.33
|
2.89
|
2.34
|
--
|
Dividend Yield
1.35
Higher than Peers by 0.31
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
1.35
|
0.97
|
--
|
--
|
--
|
|
Peer Median
|
1.04
|
0.81
|
1.13
|
0.81
|
--
|
EV/EBITDA
7.82
Lower than Peers by 7.10
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
7.82
|
9.09
|
3.28
|
3.56
|
4.79
|
|
Peer Median
|
14.92
|
17.05
|
24.24
|
27.12
|
--
|
Market Cap
144
Lower than Peers by 13,438
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Emerald Tyre Manufacturers
|
144
|
201
|
--
|
--
|
--
|
|
Peer Median
|
13,582
|
14,949
|
10,355
|
6,639
|
--
|