Emerald Tyre Manufacturers Peer Comparison

NSE: ETML

₹66.00

₹1.00 (1.54%)

As on 05-Nov-2026IST

Market cap

₹127 Cr

Revenue (TTM)

₹218 Cr

P/E Ratio

12.3

P/B Ratio

1.1

Div. Yield

1.5 %

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	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Market cap (₹ Cr)	127	26,814	14,169	10,386	3,351
Revenue (₹ Cr)	218	30,445	17,456	17,233	3,892
Net Profit (₹ Cr)	10.32	1,741.97	505.12	499.51	92.25
Net Margin (%)	4.59	5.69	2.89	2.89	2.35
RoE (%)	9.19	20.69	11.46	10.05	8.79
Price to Earnings	12.26	15.39	27.48	20.99	36.28
Price-To-Book	1.10	1.53	2.86	1.71	2.74

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Operating Revenue	218.16	28,470.60	15,678.00	16,326.65	3,643.35
Total Income	225.14	28,604.01	15,718.47	16,384.28	3,658.32
Total Expenditure	190.67	24,300.25	13,630.89	14,295.28	3,357.89
EBITDA	27.49	4,170.35	2,047.11	2,031.37	285.46
Depreciation	6.97	1,543.02	697.42	472.20	142.20
EBIT	20.52	2,627.33	1,349.69	1,559.17	143.26
Interest	13.71	418.61	358.62	428.47	56.95
Other Income	6.99	133.41	40.47	57.63	14.97
Exceptional Items	--	-1,033.51	-71.23	-145.59	1.99
Profit before Tax	13.79	1,309.20	976.11	1,042.74	103.27
Provision for Tax	3.47	-63.21	278.87	268.55	32.21
Profit after Tax	10.32	1,372.42	697.24	774.19	71.06

Liabilities (₹ Cr)

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Shareholder's Funds	115.37	16,715.17	5,046.01	6,060.82	1,190.18
Minority Interest	--	--	8.02	-0.66	--
Non-Current Liabilities	63.65	4,234.82	2,435.00	4,426.72	437.64
Current Liabilities	107.04	8,083.75	6,423.63	5,426.76	1,411.56
Total Liabilities	286.07	29,033.73	13,912.66	15,913.64	3,039.38

Assets (₹ Cr)

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Non-Current Assets	138.59	18,335.41	9,540.81	8,615.92	1,795.55
Current Assets	147.48	10,698.33	4,322.98	7,295.17	1,243.83
Total Assets	286.07	29,033.73	13,912.66	15,913.64	3,039.38
Total Debt*	135.69	2,631.71	3,010.79	4,746.00	762.51
Net Current Assets	40.44	2,614.58	-2,100.65	1,868.41	-167.73
Contingent Liabilities	7.64	772.06	275.38	361.30	249.97

Cashflow (₹ Cr)

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Cash From Operating Activities	20.57	3,667.37	1,785.55	1,443.84	296.99
Cash Flow from Investing Activities	-57.94	-1,340.96	-2,270.60	-626.67	-102.55
Cash from Financing Activities	32.32	-2,177.08	476.64	-782.72	-187.31
Net Cash Inflow / Outflow	-5.05	149.33	-8.41	34.45	7.13

Ratios

Profitability Ratios

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
ROCE (%)	12.26	9.22	18.60	14.30	7.98
ROE (%)	9.19	8.73	14.82	14.03	5.99
ROA (%)	3.95	4.88	5.55	5.10	2.36
EBIT Margin (%)	15.80	15.12	13.32	12.80	8.25
Net Margin (%)	4.59	4.80	4.44	4.73	1.94
Cash Profit Margin (%)	7.93	10.24	8.90	7.63	5.44

Growth Ratios

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Revenue Growth (%)	9.37	8.99	18.61	11.12	11.97
EBIT Growth (%)	14.48	16.84	39.95	24.51	27.03
Net Profit Growth (%)	-1.04	22.39	47.92	50.10	246.30
EPS Growth (%)	-1.04	22.39	47.69	44.79	245.61
Book Value Growth (%)	5.54	13.10	15.41	21.71	0.53

Valuation Ratios

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Price / Earnings	13.99	19.07	18.79	14.16	34.55
Price / Book Value	1.25	1.57	2.60	1.81	2.07
Dividend Yield (%)	1.35	1.46	1.08	1.05	1.18
EV/EBITDA	7.82	6.45	7.70	7.39	10.65
Market Cap (₹ Cr)	144.42	26,167.33	13,114.65	10,991.10	2,461.08

Solvency Ratios

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Debt to Equity	1.18	0.16	0.60	0.78	0.64
Short term debt to equity ratio	0.54	0.05	0.21	0.30	0.35
Current Ratio	1.38	1.32	0.67	1.34	0.88
Quick Ratio	0.69	0.65	0.40	0.85	0.36
Interest Coverage	2.01	4.13	3.72	3.43	2.81

Operating Efficiency Ratios

	Emerald Tyre Manufacturers	Apollo Tyres	Ceat	JK Tyre	TVS Srichakra
Debtors to sales (%)	24.61	11.21	11.73	19.66	11.27
Asset Turnover	0.83	1.01	1.25	1.08	1.30
Receivable days	82.64	40.08	40.65	67.54	35.24
Inventory Days	117.43	67.84	37.19	58.00	71.70
Payable days	75.85	71.56	118.85	73.34	89.48
Cash Conversion Cycle	124.22	36.36	-41.00	52.19	17.46