Tolins Tyres Limited has announced the release of the transcript for its Earnings Conference Call held on June 01, 2026. The call discussed the Audited standalone and consolidated Financial Results for the quarter and year ended March 31, 2026. During the fiscal year 2026, the company reported a consolidated revenue from operations of ₹327.12 crore, a 12% increase year-on-year from FY25's ₹292.45 crore. However, EBITDA, excluding other income, decreased to ₹47.8 crore from ₹57.91 crore in FY25, resulting in an EBITDA margin of 14.6%. Profit after tax for FY26 stood at ₹35.69 crore, down from ₹38.67 crore in FY25. Basic earnings per share for FY26 were ₹9.03. For the fourth quarter of FY26, revenue from operations was ₹77.99 crore, a 12% increase compared to ₹69.53 crore in Q4 FY25. EBITDA for Q4 FY26 was ₹11.22 crore, down from ₹13.57 crore in the same quarter last year, with an EBITDA margin of 14.4%. Profit after tax for Q4 FY26 was ₹8.94 crore. The company attributed the quarterly performance impact to volatility in raw material prices, higher inventory holding, and elongated receivable cycles amid geopolitical uncertainties. Tolins Tyres maintained a strong balance sheet with a consolidated debt-to-equity ratio of 0.03x as of March 31, 2026. The management highlighted efforts to strengthen domestic and international presence, including healthy traction in UAE operations and expansion in Western India with a new depot in Gujarat. The company is also progressing with recycling initiatives under Terra Rubber to improve material utilization and margins. The underlying demand environment across the replacement tyre market, retreading materials, agricultural tyres, and export markets remains healthy. Key discussion points during the call included strategies for sales and marketing, operating cash flows, capital expenditure plans, and the integration of Terra Rubber. The company aims to leverage its production capacity, explore European markets, and utilize AI tools for cost reduction and inventory management. The Ras Al Khaimah plant in UAE has a capacity of 1,200 metric tons, with current utilization below 50% due to market conditions. The company is also addressing margin pressures in the retread business, partly due to GST regulations, and is seeking government intervention for a revised GST rate. The management expressed confidence in long-term growth trajectory, aiming for margins between 10% to 13%.
